Company Law
University of Kota · LL.B. Semester 4 · Paper 14
Unit 1 — Definition and Nature of Company - classification of companies, formation, promotion, promotion and incorporation of companies.
Unit 2 — Memorandum, Doctrine of ultra vires, Articles of Association, Doctrine of indoor management, prospectus of a company.
Unit 3 — Share capital issue and allotment of share, members, dividends, interest and commission.
Unit 4 — Borrowing powers, charges, mortgages and debentures.
Unit 5 — Directors, other managerial persons, accounts and audit.
- 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
Unit 6 — Meetings, majority powers and rights of minority of share holders, protection of a company from oppressions and mismanagement, investigation of company's affairs.
- 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