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T1497-Company Law I
T1497-Company Law I
T1497-Company Law I
___________________________________________________________________________
Under Graduate
Number of Credits: 2
Level: 4
Learning Objective:
2. To exam and interpret the rules, policies, and principles of Indian company law
3. To identify and resolve legal issues relating to the operation of companies in terms of
incorporation and capital formation and distribution of profits
5. To examine the concept of social justice in corporations in the light of human rights
values, constitutional context and International practices
1
1. The students will be able to demonstrate thorough knowledge of the principles and
practices of Company Law
2. The students will be able to file various forms for incorporation and registration of
companies.
3.
Pre-learning:
· The student should have studied Contract law and Special Contracts
· To have read suggested reading as per session plan and other resources such as films,
documentary, as provided by the course instructor
Course Outline
2
3 Formation of Company (4)
3.1 Promotion
3.1.1 Promoter.
3.1.2 Rights/Liabilities of Promoter.
3.2 Documents to be Prepared
3.2.1. Memorandum of Association
3.2.2. Articles of Association
3.2.3. Doctrine of Ultra Vires
3.2.4. Doctrine of Constructive Notice
3.2.5. Doctrine of Indoor Management
3.2.6. Prospectus
3.3 Registration
3.3.1 Incorporation of companies
3.3.2 Drafting MOA and AOA of companies
4 Formation of Capital (8)
4.1 Equity and Debt
4.2 Nature and Type of Shares
4.3 Debentures
4.4The Depository System and Dematerialization of
Shares
4.5 Shareholder Rights.
4.6 Transfer and Transmission of Shares
4.7 Increase and Reduction of Share Capital
4.8 Forfeiture and Surrender of Shares
4.9 Membership in a Company
4.10 Public Deposits, Loans and Investment by
Companies
4.11 Foreign Direct Investment
5 Divisible Profits and Dividends (03)
5.1 Concept of Profit and Divisible Profits
5.2 Payment of Dividends
5.2.1. Sources
5.2.2. Provision for Depreciation
5.2.3. Declaration and Payment of Dividends
6 Registration of Charges (04)
6.1 Borrowing
6.2 Mortgages and Charges
6.3 Registration of Charges
6.4 Fixed Charges and Floating Charges
7 Self-Learning including projects, presentations, moot courts, 05
simulation, exercises, film review, news review, field visit,
experiential learning, guest lectures
Total 30
3
Pedagogy:
1. Lecture
2. Discussion
3. Self-study
4. Projects
5. Simulation exercises
6. Small Group Learning exercise
Books Recommended:
· Ramaiya A , Guide to the Companies Act (Providing guidance on the Companies Act,
2013): Box 1 containing Volume 1, 2 & 3, Appendix Part 1 & 2 and 1 Consolidated
Table of Cases and Subject Index (English) 18th Edition , LexisNexis, 2014.
All external courses will have 40% internal component and 60% external component
[University] examination. Methodology of Internal Assessment will be at least 3 components
from the following list of assessment methods:
· Seminar Presentations
4
· One written test
· Viva Voce
· Essays
· Project, Group projects and Dissertations
· Cases and open problems
· Work based Assessment
· Multiple choice Questions
· Problem based questions
· Short Answer Questions
· Learning logs/ diaries
· Computer based Assessment
· Single Essay Examination
· Reflective practice Assignments
· Modified Essay Questions
· Simulation
· Objective Structured Clinical Examination