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Company Law
This course will enable the students to instil comprehensive understanding and appreciation of corporate governance, structures, and protocols, including company laws, types, memoranda, articles, prospectuses, meetings, and committees.
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Course |
Learning Outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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25CBSG402 |
Company Law (Theory)
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CO97: Create an insight about the fundamental concept and basic features of the Company form of Business. CO98: Determine the Procedure and know-how’s of registering a Company in India also to comprehend and appropriately use the basic legal documents essential for operations and management of company. CO99: Analyze various administrative positions in Indian companies and provisions related to them CO100: Examine various secretarial functions and to discover provisions relating to them, also to Explore about different type of company meetings and provisions required for holding a valid company meeting. CO101: Apply provisions of the Companies Act, including Corporate Social Responsibility (CSR), shareholder democracy, and committee functionalities, fostering corporate governance and compliance. CO102: Contribute effectively in course-specific interaction |
Approach in teaching: Class room Lecture (Theory/ Using Power Point Presentation) /Discussions using Leading Case laws
Learning activities for the students: Role Play activities/ Moot Court/Group Discussions/ Class presentation
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Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.
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· Definition and essential characteristics. Lifting of corporate veil- under statutory provisions and under judicial interpretations Classification of companies
Practical- Case Discussion on Lifting of corporate veil |
- Registration Procedure, Promoters-functions, duties and liabilities
- Memorandum of Association- (Definition, Clauses)
- Articles of Association
- Prospectus: Definition, Contents, Provisions regarding issue of Prospectus, kinds of Prospectus (Abridged Prospectus, Shelf Prospectus, Deemed Prospectus, Information Memorandum, Red-Herring Prospectus), Statement in lieu of prospectus
- Concepts of shares,
- Types of shares (Equity shares, Preference shares),
- Debentures, Types of debentures
- Winding Up of Company
Practical- Drafting of Memorandum of Association
· Meaning, difference between a member and shareholder
Definition and Provisions relating to:
· Key managerial personnel, Directors, Board of Directors, Managing Director, Manager, Independent Directors, Woman Directors Position, Powers, Liabilities, Appointment and Removal of Company Directors.
Company Secretary
· Position in company, importance, liabilities, Duties of company secretary.
Practical-Role Play Activity on Relevant Topics
- Allotment of shares
- Forfeiture and reissue of forfeited shares
- Declaration and Payment of dividend
- Transfer and Transmission of shares
- Company meetings (Annual General Meeting, Extraordinary General Meeting)
- Basic Provisions relating to -Resolutions, Notices, Agenda, Quorum, Minutes, Proxy
Practical-Role Play Activity on Relevant Topics
- Corporate Social Responsibility, Shareholder’s Democracy, Fraud.
Preliminary introduction of various committees-
- Audit committee,
- Nomination and remuneration committee,
- Stakeholders relationship committee,
- Corporate social responsibility committee
Practical- Case study on CSR
- Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law. Taxmann Publications (P) Ltd., New Delhi
- Singh, A. Indian Company Law. Eastern Book Company
- Nolakha, R.L., Company Law. Ramesh Book Depot, Jaipur
- Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi.
- Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
- Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
