COURSE PLAN 2010- 2011

CHRIST COLLEGE
DEPARTMENT OF MANAGEMENT STUDIES BANGALORE
CLASS: BBM SEM : IV SUBJECT: SUB / CODE: Company Law/BBM-436 SUBJECT TEACHERS

A: Hari praseetha.K B : Bhama.T C : Saklesh.S.N D : Hari praseetha.K

Objective: To expose the students to the concepts in the Companies Act of 1956. To update the students with the latest amendments in the act and to expose them to the setting up of a company to its liquidation so as to motivate the students take up the Company secretary course as a profession. UNIT 1 TOPICS Module I. Company Meaning and Definition of Joint Stock Company-Special Features Kinds of Companies and features of various kinds of companies Difference between Private Company and Public Company. Company Law in India Companies Act,1956-Objects of the Act 2 Module II The Formation of Company: Promotion Role of Promoters. Incorporation of a Company Memorandum of Association and its contents Alteration of Memorandum of Association Doctrine of Ultra Vires Articles of Association and its contents Alteration of Articles of Association , Distinction between Memorandum of Association and Articles of Association Constructive Notice of Memorandum and Articles. Doctrine of Indoor Management Certificate of Incorporation and Certificate of Commencement of Business Module III. Share Capital: Prospectus: Its contents Statement in Lieu of Prospectus Allotment of Shares Share Capital :Kinds of Shares Alteration and reorganization of Share Capital Voting Rights, Depositories Act 17/11/10 to 01/12/10 DATES 08/11/10 to 16/11/10 2 1 1 1 2(7) HRS 1(6) METHODOLOGY Lecture, PPT, Case Study. REMARKS

Lecture, PPT, Case Study.

1 1 1 1 1

02/12/10 to 15/12/10

2(8) 1 2 1

Lecture, PPT, Case Study

Debentures-Its kinds, creation of fixed and floating charges, Borrowing Powers of Companies 4 Module IV. Membership of a CompanyMeaning and Definition of Membership Modes of acquiring membership Termination of Membership Rights of members & Liabilities of members Register of members Revision MID SEMESTER EXAM 5 Module V. Company Management: Appointment of directors Removal, Disqualification, Rights and Duties of Managerial Personnel and their remuneration Module VI-Company Secretary: Definition, Qualifications, Appointment Duties of Company Secretary Module VII-Company Meetings: Meetings of Board of Directors Meetings of Shareholders: -Statutory Meetings -Annual General Meetings -Extraordinary General Meetings Resolutions at Meetings Quorum, Principle of Majority Rule ,Investigation Prevention of Oppression and mismanagement Powers of Court and Central Government Module VIII. Compromise, Arrangement Reconstruction and Amalgamation Module IX-Winding up of company: Types of winding up winding up by Court Voluntary winding up by members -by creditors Winding up subject to the supervision of Court Liquidator and his duties ,powers and liabilities Consequences of winding up 9 Module X-Limited liability partnership. 01/03/11 To 31/1/11 to 01/02/11 02/02/11 to 21/02/11 15/01/11 TO 22/01/11 24/01/11 to 27/01/11 16/12/11 to 13/01/11

2(12) 2 2 2 2 2

Lecture, PPT, Case Study.

2(4) Lecture, PPT, Case Study. 1 1

2(2)

Lecture, PPT, Case Study

2 (8) 1 1 1 1

Lecture, PPT, Case Study

1 22/02/11 to 23/02/11 24/02/11 to 28/03/11 1 2(2)

1(5) 1 1 1 1 (12)

Introduction to LLP; Basis of LLP, Nature of LLP; Distinguishing features of LLP; Main benefits of LLP; Who may form an LLP; Who can be partner in LLP; Who cannot be a partner in LLP; How many partners are required for an LLP; Name of LLP; Registered Office Assignment II CIA Details: Details CIA I CIA II CIA III End Semester Exam Date of issue of topic Mid Semester Exam Written Assignment Other than written assignment[Viva Voce] Written Exam

10/03/11

Final Date of Submission and Presentation

15/01/11 TO 22/01/11 09/12/2010 Starting from 1/2/2011Finishing by15th Feb,2011

Marks allotted 50(25) 20(10) 20(10) 100(50)

CIA II: MUST BE NEATLY HANDWRITTEN & SUBMITTED. All individual assignments & not GroupWise. [There are two components of 10 marks each as part of CIA- II].

1. (10 marks) Explain the Nature of Offence and Penalties (one sentence each) under the following Sections
of Companies Act 1956. Section. 11(5), 22(2), 25(10), 31(2A), 39(2),40(2), 44(3), 49(9), 56(3), 58(A(5)(a), 58A(5)(a) (i), 58A(5)(a) (ii), 58A(5)(b) , 58A(6)(b), 58A(10), 58AA(9), 59(1), 60(5),63(1),68, 68A(1), 69(4)70(4), 70(5), 72(3)73(2B),73(3), 75(4), 76(5), 77(4), 77A(11) 77B, 78(1)(2) ,79(4), 80(6), 80A(3)(a), 80A(3)(b), 81(1), 83, 84(3), 88, (89(3) , 91, 95(3), (97(3),102(2), 103(3), 105, 106, 107(5), 108(1), 110(2), 111(9), 111(12), 113(2) ,115(6), 116, 117, 117A(3), 117C(5), 118(2), 127(2), 133(2), 137(3),142(1), 142(2)143(2), 144(3) ,146(4), 147(2), 147(3) 147(4), 148(2) 149(2A), 149(6), 150(2), 151(4), 152(3), 153, 154(2), 157(3), 158(2), 158(9), 162(1), 163(1),163(5) , 165(9), 168, 171(1), 171(1) &(2),173(2), 176(2), 176(4),176(7), 179(1), 182, 184(1), 187C(5)(a), 187C(5) (b),188(8), 190(2), 192 A(6), 192(5), 192(6), 193(6) 1996(1)(a), 196(3), 197(A), 197(2) ,198(1), 200(1), 202(1) , 203(7), 204(1) , 205(1), 205A(8), 206(1), 207, 208(3), 209(5)/(7), 209A(8), 210(5)/(6), 211(7)/(8), 212(9)/(10), 214(1), 217(5)/ (6), 218, 219(3) 219(4), 220(3), 221(4), 223(4), 224(1), 224(4) 224(8), 232, 233, 233A(5), 233B(11), 234(4), 240(3), 242(1), 250(9), 250(10) , 232, 257(1A), 259, 263(1), 264(1) &(2), 267, 269(6), 269(10), 269(11), 272, 274, 279, 283(2A), 286(2), 291, 292, 292A, 293, 293A(5) (a), 293 A(5)(a), 293 A(5)(b), 294(8), 295(4), 297(1), 299(4) 300(4), 301(4), 301(5)/63(5), 303(5), 303(3), 304(2) , 305(1), 307 (7), 307(8), 308(3), 309, 314, 315(1), 318, 320(3), 322(3), 371(1), 372A(9), 372A(10), 374, 383A(1A), 384, 385(1), 386(1), 387, 391(5) , 393(4) , 393(5) ,394(3), 395 (4A)b), 404(4), 407(2), 416(3)(b), 420, 423, 445(1), 481(3), 485(2), 488(3), 493(3) , 495(2), 496(2), 497(3), 497(7), 500(6), 501(2), 508(2), 509(3), 509(7), 513(3), 514,516(2), 539, 541(1), 547(2), 550(4) 551(5), 551(5) 555(1) &(2), 559(2) , 581ZM(1), 581ZM(2), 581ZM(3), 615(6) 621A(6), 625(4), 628, 629, 629A, 630, 630(2), 631. 2. Presentation 581ZS(6), 598, 606, 614A(2),

of one (real) decided case on any aspect of Indian Companies Act,1956.

CIA III Details: 1.(20 MARKS). Present the profile of the Board of Directors of one (allotted) Public Limited Company, stating a) Name of directors and the no. of directorships held by the directors of that company in other companies
including the group companies . b) No. of shares and percentage of shareholding by these directors in that company and other companies including the group companies.

c) Educational Qualifications and previous work experience of directors of that company. d)Apart from the directorship of that company any other positions held by them. Book Recommended: 1Company Law: Garg, Guptha & Chawla.-Kalyani Publishers. Books For Reference 1. Guide to Company Law-Ramaiah 2 .Company Law- Saravanavel and Sumathi 3. Introduction to Company Law- Dr. Avatar Singh- Eastern Book Company-Latest Edition 4. Elements of Mercantile Law- N.D.Kapoor-Sultan Chand & Sons