Company Law

The book has been prepared strictly according to the new syllabus for B.Com. Second Year, Semester Third effective from academic session 2022-23 for all State Universities and Colleges of Uttar Pradesh.
Salient Features of the revised edition :
While revisioning the book, it has been especially kept in mind that the complicated and complex concepts, theory and principles of various laws are made into pleasurable reading and learning experience that truly helps the students in their complete command of the subject. The intricate provisions of various Acts have been dealt with in a quite intelligible manner with the help of easy language, suitable practical examples, lucid explanations, brevity of statement and relevant incidental information with its exact sources. Different necessary case law and Government Circulars alongwith proper illustrationshave been inserted at the required places to make the subject more intelligible and authentic. An attempt has been made to keep the writing style simple and clearly understandable.
Questions at the end of each chapter have been designed so as to include the needed and prescribed forms of questions such as test questions, long-answer-type questions, short answer type questions and multiple choice questions.
Conviction : Alongwith the personal efforts of the students, a good book is an essential input for success at the examination. This book reflects a distinctive identification in its field and gives me a personal satisfaction from the viewpoint of serving the actual needs and expectations of the students.

Company Law Syllabus For B.Com IIIrd Semester of Various Universities and Colleges of Uttar Pradesh

• Unit-I : Indian Companies Act, 2013 : Nature and Types of Companies, Conversion of Public Companies into Private Companies and Vice Versa. Formation, Promotion and Incorporation of Companies, Memorandum of Association; Article of Association; Prospectus.
• Unit-II : Shares : Types, Share Capital—Kinds; Allotment of Shares; Members—Categories, Modes of Acquiring Memerbhip, Rights and Liabilities; Transfer and Transmission—Difference, Methods of Borrowing, Debentures, Mortgages and Charges—Fixed and Floating.
• Unit-III : Management : Directors, Types and Number of Directors, Managing Director, Whole Time Director—Appointment, Qualifications and Disqualification, Duties, Vacation, Resignation and Removal, Company Meetings—Kinds, Quorum, Voting, Resolution, Minutes.
• Unit-IV : Majority Powers and Minority Rights : Protection of Minority Rights; Prevention of Oppression and Management. Mismanagement, Winding Up—Kinds and Conduct—Petition for Winding Up, Appointment of Official Liquidator and Duties.

Company Law Contents

1. Company
2. Types of Companies
3. Incorporation/Formation of a Company
4. Memorandum of Association
5. Articles of Association
6. Prospectus
7. Shares
8. Share Capital
9. Membership
10. Transfer and Transmission of Shares
11. Methods of Borrowing
12. Debentures, Mortgages and Charges
13. Company Management : Directors
14. Managing Director
15. Company Meetings
16. Majority Powers and Minority Rights
17. Prevention of Oppression and Mismanagement
18. Winding Up of Companies

• l ADDITIONAL MULTIPLE CHOICE TYPE QUESTIONS