Corporate law has emerged as an area of law which has witnessed unprecedented growth in the recent and not so recent past. As a field of study, it is dynamic and constantly evolving the course seeks to provide a learner with a basic understanding of key concepts and principles of company law. It concentrates on those aspects that are central to an understanding of how the law applies to companies and is peculiar to them. The course begins by addressing the advantages that flow from incorporating a company. It then proceeds to provide an overview of the basic documents of the company i.e the Memorandum of Association and the Article of Association. It also seeks to developing an understanding of shares. It involves at discussion of corporate governance and the extent to which the law accommodates the interests of those involved in the activities of a company-whether as shareholders or directors. The law relating to dividends and audits is also referred to. The provisions relating to winding up of companies are examined. Lastly, law relating to depositories is also analyzed. In a nutshell, the course provides a comprehensive understanding of the legal framework within which corporate entities have to confine their activities. Hence, it is of critical importance to those who seek to work in the corporate sector, on the managerial side as well as the legal side.
WEEK 1
1. Introduction to Company Law
2. Disadvantages of Incorporation
3. Pre-incorporation Contracts
4. Memorandum of Association
WEEK 2
5. Doctrine of Ultra Vires
6. Articles of Association
7. Types of Companies
8. Prospectus
WEEK 3
9. Liability for mis-statements in the Prospectus
10.Promoters
11.Shares
12.Buy Back of Shares
WEEK 4
13.Introduction To Derivatives
14.Derivatives – An Indian Perspective
15.Global depository Receipts
16.Shareholders & Members
WEEK 5
17.Position & Powers of Directors
18.Duties of Directors
19.Appointment & Qualification of directors
20.Meetings
WEEK 6
21.Insider trading
22.Theories of Corporate Social Responsibility
23.Corporate Social Responsibility –An Indian Perspective
24.Share Capital
WEEK 7
25.Alteration of Share capital
26.Dividends
27.Books of Accounts
28.Audit
WEEK 8
29.Book building Mechanism
30.Borrowing & lending contracts
31.Debentures
32.Protection of Minority Rights
WEEK 9
33.Prevention of oppression & Mismanagement
34.Inquiry & Investigation
35.Inspection
36.Compromises, Arrangements and Amalgamations – I
WEEK 10
37.Compromises, Arrangements and Amalgamations – II
38.National Company law Tribunal
39.National Company Law Appellate Tribunal
40.Winding up by the National Company law Tribunal
WEEK 11
41.Voluntary Winding up
42.Procedural aspects of Winding Up of a company
43.Official Liquidator and Winding Up of unregistered company
44.Mergers
WEEK 12
45.Acquisition
46.Takeover Code
47.Insolvency & Bankruptcy Code - 1
48.Insolvency & Bankruptcy Code – II
WEEK 13
49.Competition Act 2002
50.Competition Commission of India
1. Gower, Principles of Modern Company Law, Sweet & Maxwell
2. Palmer, Company Law, Stevens,W.Green & Son
3. S.K Verma & Sum Gupta, Corporate Governance & Corporate Law Reform in India (2005)
4. Smith & Keenam’s Company Law (2002)
5. Avtar Singh, Company Law, Sixteenth Edition,2015,Eastern Book Company,Lucknow
6. C.R. Datta : Datta on the Company Law; Lexis Nexis, Butterworths Wadhwa, Nagpur
7. A. Ramaiya : Guide to the Companies Act; Lexis Nexis, Butterworths Wadhwa, Nagpur
8. H.K. Saharay : Company Law; Universal Law Publishing Co., C-FF-1A, Dilkhush Industrial Estate, G.T. Karnal Road, Delhi. -110033.
9. D.K. Jain : Company Law Ready Reckoner; Bharat Law House Pvt. Ltd.; T1/95, Mangolpuri Industrial Area, Delhi-110083.
10. R. Suryanarayanan : Company Law Ready Reckoner; Commercial Law Publishers, 151, Rajinder Market, Opp. Tis Hazari Court, Delhi-110054.
Useful websites
1. www.scconline.com
2. www.mca.gov.in
3. www.barandbench.com
Dr. Heena Basharat is working as an Assistant Professor in the School of Law, University of Kashmir. She specializes in Business law and has a teaching experience of more than 15 years. She has numerous publications to her credit and has published 2 books on copyright law.
She has also been the principal investigator for the project entitled “Critical Analysis of laws and policies in combating the culture of violence against women”, sponsored by the State Resource Centre for Women, Govt. of J&K. She has also Coordinated MOOCs on Business Law and Family Law which were available on the Swayam platform.
30% for in-course assessment and 70% for end term proctored exam
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