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Himalaya Company Law BCOM 3rd Semester PU Chandigarh

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  • Q1
    Does the book align with the Panjab University syllabus?
    A1

    Yes, the book strictly adheres to the Panjab University syllabus, ensuring comprehensive coverage of all necessary topics.

  • Q2
    Are there any practical tools included for exam preparation?
    A2

    Yes, the book contains solved model question papers and previous year question papers, enabling students to practice and prepare effectively for their exams.

  • Q3
    Is internet and communication technology used in the learning process?
    A3

    Yes, the syllabus encourages the use of Internet and Communication Technology (ICT) for practical demonstrations related to online filings and corporate governance procedures.

  • Q4
    Is there a last-minute revision section in the book?
    A4

    Yes, the book includes a "Last Minute Revision" (LMR) section that summarizes key points, making it easier for students to review important concepts before exams.

  • Q5
    Are there any case studies or examples included in the book?
    A5

    Yes, the book often includes real-world case studies and examples that illustrate key concepts in action, providing context and enhancing students' critical thinking skills.

  • Q6
    How is the book organized for effective learning?
    A6

    The book is divided into well-defined units and chapters that follow a logical progression, starting from fundamental concepts to more advanced topics, making it easier for students to build their understanding step-by-step.

  • Q7
    Is there an index or glossary included for quick reference?
    A7

    Yes, the book includes an index and glossary of key terms, enabling students to locate information quickly and clarify legal terminology as needed.

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1.Introduction 
Introduction 
Characteristics of a company 
Concept of lifting of corporate veil 
Emerging types of companies
Formation of company 
Promotion and registration
Pre-incorporation contract and provisional contracts 
Memorandum of association
Articles of association
Doctrine of constructive
Doctrine of ultra-vires
Doctrine of indoor management 
Meaning of prospectus
Statement in lieu of prospectus
Red-herring prospectus 
Share capital
Kinds of shares
Book building process
Information memorandum
Dematerlisationn of shares
ASBA system
Transfer and transmission of shares
Buyback of share 
Review questions
 
Unit-2
2.Members & shareholders,management and winding up
Members of company 
Rights and duties of company
Shareholders
Rights and duties of shareholder
Directors
Classifications of directors
Small shareholders directors
Disqualifications directors
Appointment of directors
Legal position 
Powers and duties of directors
Disclosures of interest
Removal of directions
Meetings
Types of meetings
Board meetings 
Other managerial personnel and remuneration
Digital signatures of directions
Concept of winding UP
Modes of winding UP
Review questions
Solved model question papers
Previous year question papers
LMR (Last minute revision)
Objective: The objective of this paper is to help the students understand various provisions of
Companies Act 2013.

UNIT - I
Introduction: Characteristics of a Company, Concept of Lifting of Corporate Veil, Emerging
Types of Companies.
Formation of Company –Promotion & Registration, Pre-incorporation Contract and Provisional
Contracts.
Memorandum of Association, Articles of Association, Doctrine of Constructive Notice, Doctrine
of Ultra-Vires, Doctrine of Indoor Management,
Prospectus and Statement in Lieu of Prospectus, Red-Herring Prospectus.
Share Capital – Kinds of Shares, Book Building Process, Information Memorandum,
Dematerialization of Shares, ASBA System, Transfer & Transmission of Shares.

UNIT- II
Members and Shareholders – Their Rights and Duties.
Management – Directors, Classification of Directors, Disqualification, Appointment, Legal
Position, Powers and Duties, Removal of Directors, Board Meetings, Other Managerial
Personnel and Remuneration.
Winding Up-Concept and Modes.

Practical Work: Teacher should use Internet and Communication Technology to give students
demo regarding procedure of Online Filing of Documents for Registration of Company,
obtaining Director Identity Number (DIN), Corporate Identity Number (CIN), etc. Students
should be apprised of National Company Law Tribunal (NCLT), Insider Trading, Rating
Agencies, etc. Practical Training about Notice of Meeting, Agenda, Quorum, Proxy, Reports,
Minutes of Meeting, Resolutions, etc. The teacher should use simulation method and will hold at
least One Statutory Meeting, One Annual General Meeting, One Extra-ordinary Meeting and
One Board Meeting. 

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