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B.Com-Accounting & Finance Curriculum - Madras Christian College

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LEGAL ASPECTS OF BUSINESS - II<br />

Semester - IV Total hours: 90<br />

Allied (Optional) – II Total Credits: 5<br />

Objectives :<br />

To enable students to understand the legal environment of the corporate world.<br />

UNIT I<br />

Introduction- Nature of <strong>Com</strong>pany- <strong>Com</strong>pany Law- its History and Administration- Kinds of <strong>Com</strong>panies<br />

UNIT II<br />

Incorporation of <strong>Com</strong>pany- Memorandum of Association- Articles of Association.<br />

UNIT III<br />

Prospectus- Membership in a <strong>Com</strong>pany- <strong>Com</strong>pany Management<br />

UNIT IV<br />

Meetings and Proceedings- General Meeting- Statutory Meeting- Quorum- Minutes- proxies- Voting & Poll-<br />

Ordinary Resolution- Special Resolution- Resolutions requiring special notice.<br />

UNIT V<br />

Winding up- Meaning- Modes- Consequences of winding up- Liquidator- Duties- Power and Liabilities<br />

Books for Reference:<br />

1. N.D.Kapoor, <strong>Com</strong>pany Law, “Elements of <strong>Com</strong>pany Law”, Sultan Chand&sons ,New Delhi, Twenty<br />

eighth edition 2007<br />

2. Gogna P.P.S, “A textbook of <strong>Com</strong>pany Law”, S.Chand & <strong>Com</strong>pany Ltd; New Delhi, 2004<br />

3. Kathirevan.S, “Elements of <strong>Com</strong>pany Law”, Taxman; New Delhi<br />

4. Bare Act, “<strong>Com</strong>panies Act 1956”

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