Corporate Laws

Paper Code: 
COM 303
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The Course aims at providing knowledge of the Indian Companies Act, 1956, the regulatory framework governing the functioning of companies in India

9.00

Definition, essential characteristics and classification of companies. Lifting of corporate veil.- under statutory provisions and under judicial interpretations.

9.00

Classification of companies.(as per Companies Act 2013)

Public company
Private company(Definition, characteristics, Privileges and concessions to private companies (as per Companies Act, 2013)
One-person Company
Dormant Company
Small Company
Government companies
Foreign companies
Holding and subsidiary company

9.00

Incorporation and formation of a company.

Promoters-functions, duties and liabilities, methods of remuneration (as per Companies Act,2013)

Concepts of shares, Types of shares (Equity shares, Preference shares), debentures, Types of debentures

7.00

Memorandum of Association, Articles of Association(as per Companies Act,2013), Prospectus (as per Companies Act,2013), Statement in lieu of prospectus

11.00

Membership in a company, difference between a member and shareholder, contributory (Definition),

Winding up of Company (as per the Companies Act,2013)

Essential Readings: 

Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
Singh, Avtar, Indian Company Law, Eastern Book Company

References: 

Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
Mathew, M.J., Company Law, RBSA Publishers, Jaipur
Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007

Academic Year: 
2017-2018
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