CORPORATE LAW

Unit 1

Definition of Company, Kinds of Company, Corporate Personality, Incorporation of Company, Memorandum and Articles of Association.

• Basic principles of company law for incorporation, prospects and Securities
• Incorporation of companies & matters incidental thereto Formation and Incorporation of Companies Commencement of Business Memorandum of association Articles of association

Unit 2

Promoters and Preliminary Contracts, Prospectus and Allotment of Securities.

• Prospectus & allotment of securities

Unit 3

Share, Members, Shareholders, Share Capital, Majority Power and Minority Rights, debentures, Registration of Charges.

• Share capital & debentures Kinds of share capital

Unit 4

Appointment and Qualification of Directors, Meeting of Board and its powers.

• 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

Unit 5

Meeting of Company and Administration.

• 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

Unit 6

Prevention of Oppression and Mismanagement.

• Prevention of oppression and mismanagement

Unit 7

Compromises, Arrangements and Amalgamation [Merger]

Unit 8

Winding up and Dissolution.

• Winding Up

Unit 9

National Company Law Tribunal [NCLT], Appellate Tribunal and Special Courts.

Unit 10

Corporate Social Responsibility

• Corporate Social Responsibility & secretarial audit Applicability of CSR

Unit 11

Limited Liability Partnership Act-2008 [LLP Act] - Concept of LLP

• Nature of Limited Liability Partnership [Sections 2 — 10]
• Partnership Act, 2008 and a Partnership Firm incorporated under the Indian Partnership
• Act, 1932 and a Company incorporated under Companies Act, 2013
• Incorporation of Limited Liability Partnership [Sections 11 — 21]
• Partners and their Relations [Sections 22 — 25]
• Extent and Limitation of Liability of Limited Liability Partnership and Partners [Sections 26 — 31]
• Contributions [Sections 32 — 33]
• Assignment and Transfer of Partnership Rights [Section 42]
• Conversion into a Limited Liability Partnership [Sections 55 — 58]
• Winding up and Dissolution [Sections 63 — 65]
• Difference between Limited Liability Partnership incorporated under Limited Liability