Company Law

Syllabus

BBA 602-18

Company Law

UNIT-I

Company: Meaning and Definition, Characteristics of a Company, Latest Amendments, Company Distinguished from Partnership. Classification of Companies Including One Person Company, Limited Liability Partnership (LLP), Lifting the Corporate Veil.

Formation of a Company: Promoters, their Legal Position, Pre-Incorporation and Provisional Contracts, Steps Involved in the Formation and Incorporation of a Company, On-line Filing of Documents, On-line Registration of a Company.

UNIT-II

Documents: Memorandum of Association: Meaning and Importance, Form and Contents, Alteration of Memorandum. Articles of Association: Meaning, Relationship and Distinction between MOA and AOA, Doctrine of Constructive Notice and Indoor Management.

Prospectus: Meaning, Definition and Contents, Statutory Requirements in Relation to Prospectus.

UNIT-III

Share capital: Kinds of Share Capital, Alteration of Share Capital, Allotment of Shares, Share Certificate and Share Warrant, Calls on Shares, Forfeiture and Surrender of Shares, Transfer of Shares. Demat of Shares, Borrowing Powers; Debentures and Charges.

Management: Directors, Classification of Directors, Women Directors, Independent Director, Small Shareholder’s Director; Disqualifications, Director Identity Number (DIN); Appointment; Legal Positions, Removal of Directors, Powers and Duties of Directors.

Meetings of Shareholders and Board; Types of Meeting, Convening and Conduct of Meetings, Requisites of a Valid Meeting, Proxies, Voting, Meeting Through Video Conferencing.

UNIT-IV

Winding Up – Concept and Modes of Winding Up, Consequences of Winding Up.

Administration of Company Law Including National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT), Special Courts.

Dividends, Accounts, Audit– Provisions Relating to Payment of Dividend, Books of Account, Provisions Relating to Audit.