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Home > Company Law Principles and Concepts –II

Company Law Principles and Concepts –II [1]

Paper Code: 
25BCS214
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to gain conceptual understanding on the principles and provisions of the Company Law.

 

Course Outcomes: 

 

   
   
   

 

9.00
Unit I: 
Understanding Debt instruments and charges

Debt Instruments-Concepts

  • 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, Purpose, Objective,
  • Drafting and Issuing of Search Report.

 

9.00
Unit II: 
CSR and Annual reporting Framework

Corporate Social Responsibility-Concepts :

  • CSR Committee, Policy, CSR Expenditure,
  • Activities, Ongoing Project,
  • Impact Assessment.

Annual Report-Concepts:

  • Board’s Report, Annual Return, Annual Report,
  • Secretarial Standard on Report of the Board of Directors.

 

9.00
Unit III: 
Ensuring profit distribution and accountability

Distribution of Profits:

  • ·       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,
  • ·       Secretarial Standards on Dividend, Dividend Distribution Policy.

Accounts 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, Internal Audit
9.00
Unit IV: 
Understanding corporate restructuring and dormant company regulations

Compromise, Arrangement and Amalgamations-Concepts:

  • Introduction of Compromises, Arrangement and Amalgamation,
  • Oppression and Mismanagement, Class Actions Suits.

Dormant Company:

  • Legal framework for Dormant Companies, Procedure to obtain the status of a Dormant Company,
  • Prerequisite for obtaining the status of Dormant Company,
  • Benefits / exemptions provided to a Dormant Company,
  • Compliance requirements by Dormant Company,
  • Procedure to obtain the status of an Active Company from Dormant Company.

 

9.00
Unit V: 
Inspection, Inquiry and Investigation
  • Powers for inspection, Purpose of conducting Inspection, Kinds of Investigation,
  • Power of Inspector to Conduct Investigation into Affairs of Related Companies, Protection of employees during Investigation, Seizure of Documents by Inspector,
  • Freezing of Assets of Company on Inquiry And Investigation, Imposition of Restrictions upon Securities, Inspector’s Report, Expenses of Investigation,
  • Preparation by a Company Secretary to face Investigation,
  • Establishment of Serious Fraud Investigation Office, Process of Investigation by Serious Fraud Investigation Office.

 

Essential Readings: 
  • Study Material Published by ICSI

 

References: 

Suggested Readings:

 

  • ·       Scanner-ArunKumar(ShuchitaPrakashans(P) Ltd
  • ·       "Ramaiya Guide to Companies Act" by A. Ramaiya
  • ·       Company Law by Avtar Singh
  • ·       Company Law by Dr. Sanjeev Gupta

 

E- Content:

  • ·       Scanner-ArunKumar(ShuchitaPrakashans(P) Ltd)
  • https://www.icsi.edu/student-n/new-syllabus-2022/studymaterial2023/executive-program/ [2]
Academic Year: 
2025-2026 [3]

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Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/company-law-principles-and-concepts-%E2%80%93ii-1

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/company-law-principles-and-concepts-%E2%80%93ii-1
[2] http://www.icsi.edu/student-n/new-syllabus-2022/studymaterial2023/executive-program/
[3] https://accountingtaxation.iisuniv.ac.in/academic-year/2025-2026