Company – Definition – Characteristics – Kinds – Privileges of Private Company –Limited Liability- Partnership- Formation of a Company.

Memorandum of Association – Meaning – Purpose – Alteration of Memorandum – Doctrine of Ultravires – Articles of Association – Meaning – Forms – Contents – Alteration of Articles–Doctrine of Indoor management

Prospectus – Definition – Contents – Deemed Prospectus – Misstatement in Prospectus ––Kinds of Shares and Debentures.

Director and Secretary – Qualification and Disqualification – Appointment – Removal –Remuneration – Powers, Duties and Liabilities.

Meetings – Requisites of Valid Meeting – Types of Meeting – Winding up – Meaning -Modes of Winding Up.