Company Law
University of Delhi · LL.B. Semester 3 · LB-303
Unit 1 — Nature and Kinds of Companies
'Company' - Historical Evolution of Company Law in India; Meaning and Nature of Company · Theory of 'Corporate Personality'; Concept of Separate Legal Entity, Company not a citizen of India · Kinds of Companies - Public Sec. 2(71) and Private Companies Sec. 2(68); Holding Sec. 2(46) ...
Unit 2 — Promotion and Formation of Company
Promotion of Company, Promoters Sec. 2(69), their position, Powers, Duties ... · Formation of Company (Sec. 3), Procedure of registration including online ...
Unit 3 — Company's Constitutional Documents
Memorandum of Association Section 4 and Articles of Association Section 5 - Importance ... · Doctrine of Ultra vires - A Critical Analysis · Doctrine of Indoor Management; Binding Nature of Articles of Association ...
Unit 4 — Capital Market Instruments
Prospectus · Company's Share Capital/Debenture: Equity Finance - Shares Sec. 2(84), Kinds of Share capital Sec. 43 (equity share, preference share); Debt Finance - Debentures Sec. 2(30); Nature of shares or debentures Sec. 44
Unit 5 — Board of Directors
- Directors DIN, Types of Directors; Appointment/ Reappointment, Disqualifications, Vacation of Office, Retirement, Resignation and Removal, Duties of Directors; Rights of Directors; Register of directors and key managerial personnel and their shareholding Loans to Directors; Disclosure of Interest; Declaration by the Directors; Loan and investment by company
- Board constitution and its powers Board composition; Restriction and Powers of Board; Board Committees — Audit Committee, Nomination and Remuneration Committee, Stakeholder relationship Committee and other Committees
- Appointment and remuneration of managerial personnel
Unit 6 — General Meetings
Unit 7 — Prevention of Oppression and Mismanagement
Unit 8 — Winding up of Companies
Unit 9 — Adjudicatory Bodies
Unit 10 — Contemporary Developments
Corporate Social Responsibility and Corporate Criminal Liability · Compromises, Arrangements and Amalgamations · Insolvency and Bankruptcy Code, 2016 (IBC) · ESG (Environment, Social & Governance)