PROGRAMME
SEMESTER 
COURSE NAME
COURSE CODE 
BA.LLB (Hons.) 5 Year
VI
Corporate Law-II
 

 Corporate Law-II

Module-I: Share Capital

1.1  Issue and allotment of shares

1.2  Transfer and transmission of shares

1.3  Forfeiture and buyback of shares

1.4  Share certificate and share warrant

 Module-II:  Debentures & Charges

2.1 Borrowing Powers, effect of unauthorized borrowings

2.2  Debentures: Definition, Kinds, Distinction between Debenture and share.

2.3  Company Charges : Kinds of Charges, Crystallisation

2.4  Inter-corporate Loans (S-186)

2.5   Dividend: Rules & Procedure 

Module-III: Company Auditors, Investigation and Inspection

3.1   Legal Position, Appointment, Removal, Duties and Powers.

3.2   Distinction between Investigation and Inspection, Power of Inspection 

Module – IV:   Majority Rule and Rights of Minority shareholder.

4.1  The Rule in Foss v Harbottle, exceptions

4.2   Prevention of Oppression and Mismanagement 

Module- V:  Winding up of Companies.

5.1   Modes of Winding up, who may file petition of Winding up.

5.2  Winding up by Tribunal

5.3   Voluntary Winding up

5.4    Liability of past members 

Suggested Readings:

  • Avtar Singh , “Company Law”, Eastern Book Company., Allahabad
  • K. Majumdar& Dr. G.K. Kapoor, “Company Law”, 15th Edition, Taxmann Publication, New Delhi.
  • A Ramaiya’s Guide to the COMPANIES ACT, LexisNexis Publication, Nagpur
  • Sharma J.P, “ An easy Approach to Corporate Laws”, Ane Books Pvt Ltd, New Delhi
  • Bharat Law House, New Delhi, “ Manual of Companies Act, Corporate Laws and SEBI Guidelines”
  • Wadhwa and company,” A RamaiyaGuide to Companies Act, Nagpur.