Company Management and Secretarial Practices

Paper Code: 
COM 403
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of the course is to create awareness about the legal and technical aspects relating to the operational know how’s of companies in India.

Course Outcomes (COs):

Course

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

COM 403

Company Management and Secretarial Practices
  1. Understand about the administrative positions in Indian companies and provisions related to them. 
  2. Gain knowledge about various provisions related to the company secretary described in companies Act. 
  3. Understand secretarial functions relating to share allotment, forfeiture, transfer and transmission. Students will comprehend about provisions relating to dividend and its distribution. 
  4. Describe various company meetings and provisions required for holding a valid meeting. 
  5. To understand the new provisions of the companies act for defining the roles and responsibilities of a company towards various stakeholders of the company. 

Approach in teaching

Concept based teaching through Powerpoint Presentation, interactive lectures ,case study analysis, Sharing of video links, review session.

 

Learning activities for the students:

Reading assignments, case study analysis

 

Assignments, Mid semester  test, Semester end examination, Quiz,  case Presentation by students.

 

9.00

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.

7.00

Company Secretary, position in company, importance, liabilities and duties of company secretary. Secretarial audit (Definition).

10.00

Secretarial functions with regards to: • Allotment of shares • Forfeiture and reissue of forfeited shares • Payment of dividend • Transfer and Transmission of shares

11.00

Secretarial functions with regard to - • Company meetings (Annual General Meeting, Extraordinary General Meeting) • Basic Provisions relating to -Resolutions, Notices, Agenda, Quorum, Minutes, Proxy.

8.00

Provision relating to - 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.

Essential Readings: 

1. Majumdar, A.K. and Kapoor, G.K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi 2. Singh, Avtar, Indian Company Law, Eastern Book Company,

References: 

1. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur 2. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007 3. Mathew, M.J., Company Law, RBSA Publishers, Jaipur

Academic Year: 
2020-2021
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