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COMPANY LAW [1]

Paper Code: 
BSG 313
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

CO 93: To create an insight about the fundamental concept and basic features of the Company form of Business in India

CO 94: To create a learning about the Procedure and know-how’s of registering a Company in both Public as well as Private format in India

CO 95: To analyze the mandatory documents required for a valid company, such as Memorandum of Association, Articles of Association, Prospectus etc.

CO 96: To create and Understanding the Instruments of Finance Raising used by any Company such as Shares & Debentures and the basic provisions relating to them.

CO 97: To Learn the modes and procedure of Winding Up of any Company.

Approach in teaching Class room Lecture (Theory/ Using Powerpoint Presentation) /Discussions using Leading Case laws

 

Learning activities for the students:

Role Play activities/ Moot Court/Group Discussions/ Class presentation 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

9.00
Unit I: 
Company-
 
• Definition and essential characteristics.
• Lifting of corporate veil- under statutory provisions and under judicial interpretations.
9.00
Unit II: 
Classification of companies
 
• Public company
• Private company(Definition, characteristics,
• Privileges and concessions to private companies 
• One-person Company (Definition &Features)
• Dormant Company
• Small Company 
• Government companies
• Foreign companies 
• Holding and subsidiary company
9.00
Unit III: 
Incorporation and formation of a company.
 
• Promoters-functions, duties and liabilities,
• Concepts of shares, 
• Types of shares (Equity shares, Preference shares), 
• debentures, Types of debentures
9.00
Unit IV: 
Memorandum of Association
 
• MoA- (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
9.00
Unit V: 
Membership in a company
 
• difference between a member and shareholder, 
• contributory (Definition),
• Winding up of Company 
Essential Readings: 
• 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
 
 
 
 
 
 
 
 
 
References: 
 
• 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
 
 
e- RESOURCES:
• ICSI executive level study material - https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf [2]
• ICAI intermediate level study material 
• ICAI Final level study material 
 
JOURNALS
• The Indian Journal of Commerce
• IUP Journal of Corporate Governance
Academic Year: 
2022-2023 [5]

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Source URL: https://business.iisuniv.ac.in/courses/subjects/company-law-9

Links:
[1] https://business.iisuniv.ac.in/courses/subjects/company-law-9
[2] https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf
[3] https://www.icai.org/post.html?post_id=16944
[4] https://www.icai.org/post.html?post_id=17838
[5] https://business.iisuniv.ac.in/academic-year/2022-2023