Description
Vertical – 2 : Minor
Business Law – IV : The Indian Companies
Act, 2013
TYBCOM Semester V
As Per NEP 2020 (w.e.f. the Academic Year 2026-27)
Syllabus
Module 1 : Introduction to Company and Classification under Indian Companies Act, 2013 (15)
Unit-I : Introduction to Company under Indian Companies Act, 2013
♦ Company and its Formation, Definition and Nature of Company, Advantages and Disadvantages of a Company
♦ Lifting of Corporate Veil with Cases, Pre-incorporation and Preliminary Contracts
Unit – II : Classification of Companies
♦ Types of Companies – Statutory Companies, One Person Company, Company Limited by Shares / Guarantee. Private Company, Public Company, Producer Company
♦ Formation of Companies with Charitable Objects, Holding and Subsidiary Company, Government, Foreign Company, Small Company
Module 2 : Procedure for Formation of Companies and Documents (15)
Unit – I : Procedure for Registration
♦ Promotion of a Company : Concept and Role of Promoters, Incorporation Procedure Under the Companies Act, 2013. Effect of Incorporation
♦ Stages in the Formation of Public and Private Companies. List of Documents to be Submitted for Registration
Unit – II : Documents
♦ Memorandum of Association & Articles of Association : Meaning, Concept, Clauses, Doctrine of Constructive Notice, Doctrine of Ultra Vires, Doctrine of Indoor Management
♦ Prospectus – Meaning, When to be Issued, When Not Required, Kinds of Prospectus, Contents of Prospectus, Statement in Lieu of Prospectus
Module 3 : Membership and Management of Companies (15)
Unit – I : Membership of a Company
♦ Who can Become a Member ? Modes of Acquiring Membership, Cessation of Membership
♦ Rights, Liabilities and Duties of Members
Unit – II : Management of Companies
♦ Director – Definition, Disqualification of Director, Classification of Directors
♦ Legal Position, Duties, Position of Director as Key Managerial Personnel, Director Identification Number and KYC of DIN
Module 4 : Company Meetings and Other Provisions (15)
Unit – I : Company Meetings
♦ Meetings, Types of Meetings of Members and Board of Directors, Convening and Conduct of Meetings, Meetings through Video Conferencing, e-Voting – Provisions by MCA – Ministry of Corporate Affairs
Unit – II : Other Provisions
♦ Corporate Governance – Concept, Principles and Advantages, Corporate Social Responsibility (CSR) : Concept, Mandatory Requirements (India), Types, Recent Amendments in Companies Act 2013





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