Company Law 2026

Unit – I Introduction to Company law
Companies Act 2013 – Definition of a Company, Characteristics of Company – Lifting or Piercing the Corporate
Veil – Company Distinguished from Partnership and Limited Liabilities Partnerships – Classification of
Companies – Based on Incorporation, Liability, Number of Members, Control
Unit – II Formation of Company
Formation of a Company – Promoter –Incorporation Documents e-filing – Memorandum of Association – Contents
– Alteration – Legal Effects – Articles of Association – Certificate of Incorporation – Prospectus – Contents –
Kinds – Liabilities – Share Capital – Kinds – Issue – Alteration – Dividend – Debentures.
Unit – III Meeting
Meeting and Resolution – Types – Requisites – Voting & Poll – Quorum – Proxy – Resolution: Ordinary & Special
– Audit & Auditors – Qualification, Disqualification, Appointment and Removal of an Auditor.
Unit – IV Management & Administration
Management & Administration – Directors – Legal Position – Board of Directors – Appointment/ Removal –
Disqualification – Director Identification Number – Directorships – Powers – Duties
– Board Committees – Related Party Transactions – Contract by One Person Company – Insider Trading-
Managing Director – Manager – Secretarial Audit – Administrative Aspects and Winding Up – National
Company Law Tribunal (NCLT) – National Company Law Appellate Tribunal (NCLAT) – Special Courts.
Unit – V Winding-up of Company
Meaning – Modes – Compulsory Winding Up – Voluntary Winding Up – Consequences of Winding Up Order –
Powers of Tribunal – Petition for Winding Up – Company Liquidator