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Lecture Notes

UNIT 1:
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Introduction: Company – Definition, Meaning, Nature and its Characteristics – Promoters – Meaning – Duties - Responsibilities and Liabilities - Formation of Companies – Types of Company.
UNIT 2:
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Memorandum of Association & Articles of Association: Meaning - Purpose and their Alteration - Doctrine of Ultra-Vires - Constructive Notice - Indoor Management – Prospectus: Contents - Kinds of Shares and Debentures
UNIT 3:
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Management and Control of Companies: Directors and Company Secretary – Appointment – Qualifications – Disqualifications - Role and Responsibility - Powers and Duties - Remuneration – Time: Directors company secretary and Manager.