B.Com (Hons) COMPANY LAW Semester III (Download Link)
Unit I: Introduction
Meaning and characteristics of a company; Lifting of corporate veil; Administration of
Company Law including National Company Law Tribunal (NCLT), National Company
Law Appellate Tribunal (NCLAT), Special Courts; Types of companies including private
and public company, government company, foreign company, one person company, small
company, associate company, dormant company and producer company; Association not
for profit; Illegal association; Formation of company, promoters, their legal position, pre
incorporation contract and Online registration of a company.
Unit II: Documents and shares
Memorandum of Association and its alteration, Articles of Association and its alteration,
Doctrine of constructive notice and indoor management; Prospectus: shelf and red herring
prospectus, misstatement in prospectus; Book building; Issue, allotment and forfeiture of
share, call on shares; Issue of sweat capital; employee stock option; Issue of bonus shares;
Transfer and transmission of shares, buyback and D-Mat system.
Unit III: Management
Classification of directors; Director Identity Number (DIN); Appointment , removal of
directors; Legal positions, powers and duties ; Key managerial personnel, managing
director, manager Committee of board of directors- audit committee, nomination and
remuneration committee, stakeholder relationship committee and corporate social
Unit IV: Company Meetings
Meetings of shareholders and board; Types of meeting, convening and conduct of
meetings, requisites of a valid meeting-notice, agenda, chairman, quorum, proxy,
resolutions, minutes; postal ballot, meeting through video conferencing, e-voting.
Unit V: Dividends, Audit and Winding Up
Provisions relating to payment of dividend; Company Audit; Provisions relating to audit,
Auditors' qualification, appointment, rotation of auditors, auditors' report, Concept and
modes of winding up; Liquidator; National company Law Tribunal (NCLT); Appellate
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