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Courseware_Tri-II_ver8.

COURSE TITLE: COMPANY LAW (Companies Act, 1956)

COURSE DURATION: 1 hour per week for 10 weeks

COURSE CREDIT: 1

INDICATIVE LIST OF TOPICS

Lecture 1: INTRODUCTION
• Corporate veil; types of companies and associations, including illegal ones.

Lecture 2 - 5: COMPANY FORMATION


• Promoters and their legal position; pre incorporation contact; provisional
contracts.
• Documents: Memorandum of association; articles of association; doctrine of
constructive notice and indoor management; prospects and book building.

Lecture 6-7: SHARE CAPITAL AND SHARE HOLDERS


• Share capital: Issue, allotment and forfeiture; demat; transmission; dividend and
bonus shares.
• Rights and duties of members and shareholders
• Meetings: convening and conduct of shareholders’ meetings.

Lecture 8: MANAGEMENT OF THE COMPANY


• Directors: Qualification, appointment and disqualification: Legal provisions;
powers and duties; board meetings; removal of directors; other managerial
personnel.

Lecture 9: INVESTIGATIONS
• Inquiries and investigations into matters pertaining to formation and functioning of
a company.

Lecture 10: WINDING UP


• Meeting, situations, modes and procedure for winding up of a company.

Department of Academics, IIPM New Delhi

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