Company Law 2024

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