Company Law
Mahatma Jyotiba Phule Rohilkhand University · LL.B. Semester 2
Unit 1 — Company
Meaning, Kinds, Characteristics, and companies distinguished from other forms of business organizations · Corporate personality and lifting the veil of corporate personality · Promoter: Meaning, legal position, and liability of promoter and company for pre- incorporation contracts
Unit 2 — Memorandum of Association and Articles of Association
Meaning, Nature and Contents and Relationship Between the two · Objects Clause and Doctrine of Ultra-Vires
Unit 3 — Share: Nature, Issue, Types, Allotment, Underwriting, Share Capital, Reduction of Share Capital, Transfer and Transmission of securities. Dividend: Declaration of Dividend, Management of Unpaid Dividend; Unpaid Dividend, Account, Investor Education and Protection Fund, Punishment for failure to distribute dividends
Borrowing powers and the effect of unauthorized borrowing · Debenture: Kinds, Debentures Holders, Debenture Trustees, Public Deposits Hybrid Instruments: Fully Convertible Debentures, Partially Convertible Debenture Charges and Mortgages, Registration of Charges Inter-corporate Investment
Unit 4 — Prospectus
Meaning, Kinds, and liability for untrue statements in the prospectus Share and share capital: Meaning, Kinds of share, and the distinction between equity and preference share