On completion of this course, the students will be able to;
CO 76:Analyze about the concept of company and shares.
CO 77:Know about the company law in the India.
CO 78:Appraising the use of the memorandum of association, article of association and prospectus in a company, they also learn from this course.
CO 79:Facilitating the relationship between company and debenture holders and creditors.
CO 80:Reviewing and develop understanding of the necessary framework of companies with reference to various provisions of company act-2013
CO 81: Analyzing the MCA filing in XBRL form and learning the practical aspects of it.
Introduction to Company Law :Jurisprudence of Company Law; Meaning, Nature, Features of a company; Judicial acceptance of the company as a separate legal entity; Concept of Corporate Veil, Applicability of Companies Act; Definitions and Key Concepts.
Shares and Share Capital: Meaning and types of Capital; Concept of issue and allotment; Issue of Share certificates; Further Issue of Share Capital; Issue of shares on Private and Preferential basis; Rights issue and Bonus Shares; Sweat Equity Shares and ESOPs; Issue and Redemption of preference shares; Transfer and Transmission of securities; Buyback of securities; Dematerialization and re-materialization of shares; Reduction of Share Capital.
Members and Shareholders: How to become a member; Register of Members; Declaration of Beneficial Interest; Rectification of Register of Members; Rights of Members; Variation of Shareholders’ rights; Shareholders Democracy; Shareholder Agreement, Subscription Agreements, Veto powers.
Debt Capital and Deposits: Issue and redemption of Debentures and Bonds; creation of security; Debenture redemption reserve; debenture trust deed; conversion of debentures into shares; Overview of Company Deposits.
Charges: Creation of Charges; Registration, Modification and Satisfaction of Charges; Register of Charges; Inspection of charges; Punishment for contravention; Rectification by Central Government in Register of charges.
Distribution of Profits- Dividend :Profit and Ascertainment of Divisible Profits; Declaration and Payment of Dividend; Unpaid Dividend Account; Investor Education and Protection Fund; Right to dividend; rights shares and bonus shares to be held in abeyance.
Corporate Social Responsibility: Applicability of CSR; Types of CSR Activities; CSR Committee and Expenditure; Net Profit for CSR; Reporting requirements.
Accounts, Audit and Auditors : Books of Accounts; Financial Statements; National Financial Reporting Authority; Auditors-Appointment, Resignation and Procedure relating to Removal, Qualification and Disqualification; Rights, Duties and Liabilities; Audit and Auditor’s Report; Cost Audit; Secretarial Audit; Special Audit; Internal Audit.
Transparency and Disclosures: Board’s Report; Annual Return; Annual Report; Website disclosures; Policies.
An overview of Inter-Corporate Loans, Investments, Guarantees and Security, Related Party Transactions.
Registers and Records: Maintenance and Disposal.
An overview of Corporate Reorganization: Introduction of Compromises, Arrangement and amalgamation, Oppression and Mismanagement, Liquidation and winding-up; Overview of Registered Valuers; Registration Offices and Fees; Companies to furnish information and statistics.
An Introduction to MCA 21 and filing in XBRL.
Global Developments: Global Trends and Developments in Company Law. Case laws, Case studies and practical aspects.
SUGGESTED READINGS:
e-RESOURCES:
https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf [2]
JOURNALS:
https://www.icsi.edu/e-journals/ [3]
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/company-law-principles-and-concepts-1
[2] https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf
[3] https://www.icsi.edu/e-journals/
[4] https://accountingtaxation.iisuniv.ac.in/academic-year/2022-2023