The course on Corporate Law is a core course in almost all National Law universities and other State universities. This course is taught to both UG and Master courses. In LL.M, course is mandatory for Business Law (Private Law) specialization. This course is also important for professional courses like Chartered accountants, Company secretary, Masters in Commerce, Masters in Business Administration as well as Post Graduate Diploma in Business Administration.
The course is a full credit course for universities. Generally, law universities offer this course as a 4-credit full course which is taught over one semester.The course is certification ready and looking into its importance for persons associated with business and law, it will be able to meet the needs of lifelong learners. Professionals who may not be enrolled for a regular degree or who only wish to understand corporate laws, their need will be served by the course.
The course has proctored examination at the end of the semester and gives credits to students.
Course Objectives:India has witnessed tremendous growth in the corporate sector in the last few decades. In view of this, it becomes important for students of law and commerce to understand the legal dynamics of the corporate sector. The course covers all important recent developments in this area. The course of Corporate Law has been specifically designed to provide not only an overview but also an in-depth knowledge about incorporation, raising capital by companies, borrowings and investments by companies, foreign direct investment in Indian companies, corporate restructuring, corporate insolvency and other related importantissues.
· In-depth understanding about different business organisations and comprehend importance of company form of business organisation with its incorporation and administration
· Learning about raising of capital by companies in compliance with SEBI regulations
· Comprehension of corporate management and governance
· Learning legal aspects of accounts and audit of companies with role of auditors
· Understanding different restructuring methods for companies
· Understanding business rescue proceedings and compromises
Knowledge about investigations and adjudicatory machinery of companies
Knowledge about remedies available to shareholders and other in a company
Understanding corporate insolvency
Week 1 Business Organisation, Corporate personality and Registrationof companies
Module 1 Business organisation and corporate personality: its nature, advantages, disadvantages and types Module 2 Registration, incorporation and commencement of business by companies Module 3 Objects, powers of companies and their internal administration
Week 2 Kinds of meetings and other applicable law Module 4 Kinds of companies Module 5 Meetings of companies Module 6 Other laws affecting companies
Week 3 Raising of capital by companies Module 7 Share capital and its nature, kinds, rights and liabilities of shareholders Module 8 Alteration of capital and its implications Module 9 Raising of capital by companies by issue of securities Module 10 Listing and de-listing of securities and their implications
Week 4 SEBI- issue of capital and disclosure requirements Module 11 Issue of capital and disclosure requirements of Indian companies: Part 1 Module 12Issue of capital and disclosure requirements of Indian companies: Part 2 Module 13 Insider trading and fraudulent and unfair dealings in securities and their implications
Week 5 Borrowings and investments by companies Module 14 Corporate borrowings and investments Module 15 ForeignDirect investments in Indian companies
Week 6 Corporate Management and Governance: Part 1 Module 16 Governance structure of companies Module 17 Directors, their appointment, qualifications, position, powers, duties and liabilities Module 18 Types of directors and other managerial personnel companies
Week 7Corporate Management and Governance: Part 2 Module 19 Corporate governance in Indian companies Module 20 Corporate Social Responsibility Module 21 Promoters, their position, power, duties and liabilities
Week 8 Revision
Week 9 Accounts of companies Module 22 Dividend and accounts of companies Module 23 Director's responsibility statement and other duties in lying accounts before shareholders
Week 10 Auditing of companies Module 24 Audit of companies Module 25 Auditors, their duties andliabilities
Week 11 Business rescue proceedings and compromises Module 26 Compromises, Arrangements, Reconstruction, Amalgamation and Mergers of companies Module 27 Take over and Acquisitionof companies Module 28 Recent cases on Mergers and Acquisition
Week 12 Investigation and adjudicatory machinery Module 29 Investigation of companies, its need and procedure Module 30 Company Law board/ National Company Law Tribunal/ National Company Law Appellate Tribunal, their constitution, powers and duties Module 31 Special courts, their constitution, powers and duties
Week 13 Remedies to shareholders and others Module 32 Shareholders and creditors remedies of personalactions, derivative actions or class actionsuits including cases of oppression andmismanagement Module 33 Winding up, its need, grounds and effect on shareholders, creditors and other stakeholders
Week 14 Corporate Insolvency and Bankruptcy Module 34 Corporate Insolvency Module 35 Insolvency and Bankruptcycode,2016