Company Law
Maharshi Dayanand Saraswati University · LL.B. Semester 4 · LL.B/402
Unit 1 — Company Act, 2013
A. Introduction, Historical background and Salient features of the Companies Act, 2013. · B. Definition and Nature of Company. · C. Classification of companies. · D. Formation promotion and incorporation of companies
Unit 2
A. Memorandum of Association. · B. Doctrine of ultra-virus. · C. Articles of Association. · D. doctrine of indoor management. · E. prospectus of a company.
Unit 3
A. Promotors and preliminary Contract. · B. Share capital issue and allotment of shares. · C. Members, share holders. · D. Dividends, interest and commission. · E. Borrowing powers, charges, mortgages and debentures.
Unit 4
A. Directors, other managerial persons. · B. Accounts and Audit. · C. Meetings, majority powers and rights of minorities. · D. Protection of a company from oppressions and mismanagement. · E. Investigation of company's affairs
- 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
- Accounts, Audit &Auditors Books of Accounts; Financial Statements; National Financial Reporting Authority; Auditors-Appointment, Resignation and Procedure relating to Removal, Qualification and Disqualification; Rights, Duties and Liabilities; Audit and Auditor's Report; Internal Audit; Cost Audit
- Meetings Kinds of Meetings Types of Resolutions; Notice, Quorum, Poll, Chairman, Proxy; Meeting and Agenda; Voting and its types-vote on show of hands, Poll, E-Voting, Postal ballot; Circulation of Members' Resolutions etc.; Signing and Inspection of Minutes
- Prevention of oppression and mismanagement
Unit 5
A. Reconstruction and amalgamation of company. · B. Winding up and Dissolution. · C. Illegal Association and Defunct Companies.