Company Law and Companies Act Notes and Study Materials

Hello Readers!

This article provides Companies Act, 2013 notes with case laws. The Companies Act was an Act of the Parliament of India, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries. A company is a “legal” person. A company thus has legal rights and obligations in the same way that a natural person does. Companies Act deals with everything from an incorporation of a company to it’s winding up.

As a learner of Company Law, you can consider it as a free, online, and self-placed course. As a competitive exams aspirant, you will find it perfect for Judicial Service Exams, UPSC CSE Law Optional, etc. And as a reader, this article on Company Law notes is sufficient for you to learn or research on Company Law!

Happy Learning!

Note: For books on Company Law, click here.

INTRODUCTION TO COMPANY AND COMPANY LAW

To Read Notes On ‘Introduction to Corporate Law’ For Below Mentioned Points, Click Here.

• Meaning of corporation
• Features of companies
• Kinds of companies
• Concept of Separate Legal Entity

IMPORTANT DOCTRINES

• Theories of Corporate Personality
• Lifting or piercing of Corporate Veil
• Doctrine of Ultra Vires and related cases
• Doctrine of constructive notice and exceptions
• Doctrine of Indoor Management and exceptions

MEMORANDUM OF ASSOCIATION

To Read Notes On ‘Memorandum of Association’ For Below Mentioned Points, Click Here.

•  Meaning and introduction
•  Form and contents of Memorandum of Association
• Alteration of Memorandum of Association

ARTICLES OF ASSOCIATION

To Read Notes On ‘Articles of Association’ For Below Mentioned Points, Click Here.

• Meaning and introduction
• Form and contents of Articles of Association
• Alteration of Articles of Association

INCORPORATION AND INCIDENTAL MATTERS

• Incorporation of a Company under Companies Act, 2013
  • Requirements with respect to formation of company
  • Procedure and consequences of Incorporation
  • Formulation of companies with charitable objects
• Promoters: position and responsibilities
• Pre-incorporation Contract and its enforceability

PROSPECTUS

• Prospectus – Meaning, Issue and Contents
• Kinds of Prospectus – Abridge prospectus, Shelf prospectus, Red-herring prospectus, Deemed prospectus
• Mis-statements in a prospectus, scope of untrue statement
• Lability of Mis-statements in prospectus

CORPORATE MANAGEMENT

To Read Notes On ‘Corporate Breakdown’ For Below Mentioned Points, Click Here.

• Directors
  • Concept and Meaning
  • Legal position
  • Kinds of Directors under the 2013 Act
  • Qualification, Appointment and Removal
  • Persons in managerial capacity – Managing Director, Whole-time Director & Manager
• Types of Directors under Companies Act
• Independent Director- relevance, code of ethics
• Powers, Duties and Liabilities
• Duties of A Director in India And in the UK
• Rotation Of Auditors In Companies Act,2013: A Study

CORPORATE ABUSES AND REMEDIES

• Majority Powers and Minority Rights
• Principle of Non-Interference (Rule established in Foss v Harbottle)
• Protection of Minority Interest’ under Company Law
• An Overview on Prevention of Oppression and Mismanagement – under the Companies Act, 2013
• Protection against Oppression and Mismanagement
• Oppression And Mismanagement- Is Law Enough?
• Prevention of Oppression &Mismanagement: Does anything change from 1956 to 2013?
• Class Action Suits under 2013 Act
• What Is Insider Trading and Why Is It Important?

CORPORATE GOVERNANCE

• Corporate Governance – The need for Regulation
• Evolution, scope and relevance
• Principles, policies and Best Practices
• Corporate Governance vis-à-vis Companies Act 2013
• Corporate Governance: Succession Planning & Continuity During COVID-19
• Corporate governance: Whether it is necessity in India?

CORPORATE SOCIAL RESPONSIBILITY

To Read Notes On ‘Corporate Social Responsibility’ For Below Mentioned Points, Click Here.

• Historical Backdrop
• Position in India
• Challenges faced in the evolution
• CSR and Companies Act 2013

CORPORATE BREAKDOWN

To Read Notes On ‘Corporate Breakdown’ For Below Mentioned Points, Click Here.

• Meaning of Winding
• Winding up, Liquidation and Dissolution
• Modes of Winding up
  • i. Winding up by the Tribunal
    • Analysis of grounds of non-commencement of business, inability to pay debts, and on the
    • grounds of just and equitable clause
  • ii. Voluntary Winding up- Declaration of solvency
    • o By Members
    • o By Creditors
• Liquidators-Appointment, Powers and Function

Recent Developments

• Cross Border Insolvency: The Need To Adopt UNICTRAL Model Law With Modifications in India

For books on Company Law, click here.

For notes on other subjects, click here.

For case briefs and analysis, click here.

Note:

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