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UNIT 1: Formation of a Company:

1.1 Historical background.

1.2 Meaning, nature and Kinds Company.

1.3 Advantage & disadvantage of a company.


1.3.1 Lifting of corporate veil.

1.4 Incorporation of company.

1.5 Pre-incorporation contract.

1.6 Promoters of a company.

1.7 Corporate Social Responsibility


UNIT 2: Memorandum and article of association:
2.1 Meaning and nature

2.2 Doctrine of Ultra-Vires.

2.3 Doctrine of constructive notice

2.4 Doctrine of indoor management


UNIT 3: Capital of a Company:
3.1 Prospectus – definition, contents.
3.1.1. Liability for mis-statement in the prospectus,
3.2 Shares- definition, kinds.
3.3 Debentures- definition, kinds.
3.3.1 Charges- definition, kinds.
UNIT 4: Management of the Company:
4.1 Directors and other Managerial Staff
4.2 Majority rule and minority rights.
4.3 Prevention of oppression & mismanagement.
4.4 Meetings – kinds, purpose, procedure.
4.5 Dividend
UNIT 5: Winding up of the Company:
5.1 Kinds of winding up.
5.2 Official liquidator

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