COMPANY LAW RTMNU B.COM Third Sem

Syllabus

Course Code: 3T5-A

Company Law

Unit 1: Introduction

•          Meaning, Definition, Types and Characteristics of Company

•          Historical Evaluation of Company

•          Concept of Corporate Veil, Lifting Corporate Veil

Unit 2: Incorporation of Company

•          Promoters, Role and Legal Position, Pre Incorporation Contracts

•          Procedure for Incorporation of Company

•          Memorandum of Association - Meaning, Purpose, Contents, Ultravires and Doctrine of Ultravires

•          Articles of Association – Meaning, Purpose, Content. Alternation. Difference between Memorandum of Association and Articl.es of Association

Unit 3: Prospectus and Issue of Share Capital

•          Prospectus Meaning - Formalities of issue Prospectus - Misrepresentation of Prospectus - Golden Rules

•          Shares - Meaning, Types of Shares and Transfer of Shares

•          Share Capital, Meaning, Kinds, Alternation, Reduction and Voting Rights

•          Debenture - Meaning, Types, Charge-Fixed and Floating, Crystallization of Floating Charge

Unit 4: Management and Administration of Company

•          Directors - Appointment, Qualifications, Types

•          Directors: - Duties and liabilities, Powers, Functions

•          Meetings, Kinds, Requisites of Valid Meeting

•          Procedure of Writing Invitation, and Minutes of Meeting