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

Company- Definition and essential characteristics. 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: 
 

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. Mathew, M.J., Company Law, RBSA Publishers, Jaipur
3. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007

 

Academic Year: