B Com  >  Company Law
Company Law
INFINITY COURSE

Company Law

38,140 students learning this week
Join Now

About Company Law for B Com

EduRev's Company Law Course for B Com is designed to provide students with an in-depth understanding of the legal framework and regulations governing companies in India. This comprehensive course covers topics such as incorporation, management, and dissolution of companies, as well as the rights and obligations of shareholders and directors. With expert guidance and practical real-world examples, students will gain the knowledge and skills needed to navigate the complex world of company law. This course is a must for any B Com student seeking a career in corporate law.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Table of Content
01
Company Law
81 Docs | 15 Subtopics
Company Law for B Com Syllabus 2023-2024
B Com Company Law Syllabus

Introduction to Company Law
- Definition and Characteristics of a Company
- Types of Companies
- Historical Development of Company Law

Formation of Company
- Promotion and Incorporation of a Company
- Memorandum of Association
- Articles of Association
- Prospectus
- Certificate of Incorporation

Documents
- Registered Office
- Change of Name and Object Clause
- Alteration of Memorandum and Articles of Association
- Minutes and Resolutions

Share Capital
- Types of Shares
- Issue and Allotment of Shares
- Transfer and Transmission of Shares
- Buyback of Shares
- Reduction of Share Capital

Members and Shareholders
- Membership and Shareholding
- Rights and Liabilities of Members
- Debentures and Bonds
- Trust Deeds

Management
- Board of Directors
- Powers and Duties of Directors
- Appointment and Removal of Directors
- Managerial Remuneration

Company Meetings
- Types of Meetings
- Notice and Agenda
- Quorum and Voting
- Minutes and Resolutions

Dividends and Audit
- Declaration and Payment of Dividends
- Dividend Warrant and Interim Dividend
- Appointment and Removal of Auditors
- Audit Report and Auditor’s Liabilities

Inspection and Investigation
- Inspection of Registers and Documents
- Investigation of Affairs and Mismanagement
- Powers and Duties of Inspectors

Majority Rule and Minority Rights
- Majority Rule and Protection of Minority
- Oppression and Mismanagement
- Derivative Action and Class Action

Merger, Demerger, Amalgamation, Compromises and Arrangements
- Types of Corporate Restructuring
- Legal Framework for Corporate Restructuring
- Procedure and Documentation

Limited Liability Partnerships
- Definition and Characteristics of LLP
- Formation and Registration of LLP
- Partners and Designated Partners
- Rights and Liabilities of Partners
- Winding Up of LLP

Application of Company Law to Different Sectors
- Company Law and Banking Sector
- Company Law and Insurance Sector
- Company Law and Non-Profit Organizations
- Company Law and E-commerce

Offences and Penalties
- Offences by Companies and their Officers
- Penalties and Punishments
- Adjudication and Appeals

Winding Up
- Modes of Winding Up
- Voluntary Winding Up
- Compulsory Winding Up
- Liquidator and Distribution of Assets

Note: This syllabus is subject to change as per the curriculum of the institution offering the course.

This course is helpful for the following exams: B Com

How to Prepare Company Law for B Com?

How to Prepare Company Law for B Com?



Company law is an important subject for B Com students as it deals with the legal aspects of running a company. It is a vast subject that covers various topics such as company formation, management, governance, and compliance. To prepare for company law in B Com, students need to follow certain guidelines that will help them understand the subject better and score good grades in their exams.



Guidelines for preparing Company Law for B Com



1. Understand the basics of company law


Before diving into the complex topics of company law, it is important to have a clear understanding of the basics. Students should start with the definition of a company, its types, and the legal requirements for its formation. This will help them build a strong foundation for the rest of the subject.



2. Read the syllabus thoroughly


Students should read the syllabus provided by EduRev thoroughly to understand the topics that will be covered in the course. This will help them plan their studies accordingly and focus on the important topics.



3. Refer to the recommended books


EduRev recommends certain books for studying company law in B Com. Students should refer to these books as they provide detailed explanations of the concepts and also include case studies and examples that are relevant to the subject.



4. Attend lectures and take notes


Attending lectures is important as it helps students understand the subject better. Students should take notes during lectures and revise them regularly to retain the information. They can also clarify their doubts with the teacher during the lectures.



5. Solve past year papers


Solving past year papers is a great way to prepare for exams. It helps students understand the exam pattern, types of questions asked, and also test their knowledge of the subject. EduRev provides past year papers for company law in B Com that students can solve to assess their preparation.



6. Join study groups


Joining study groups is a great way to learn from your peers and also clarify your doubts. Students can discuss the topics with their group members and also get new perspectives on the subject. EduRev also provides a platform for students to connect with each other and form study groups.



Conclusion


Preparing for company law in B Com requires dedication and hard work. Students should follow the above guidelines to understand the subject better and score good grades in their exams. EduRev provides all the resources needed for students to prepare for company law in B Com, including lectures, study material, past year papers, and a platform to connect with peers. With the right preparation, students can excel in this subject and have a bright career in the corporate world.

Attention B Com Students!
To make sure you are not studying endlessly, EduRev has designed B Com study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in B Com.
Start learning for FREE
Importance of Company Law for B Com
Importance of Company Law Course for B Com

1. Understanding the legal framework: The Company Law course provides students with a clear understanding of the legal framework governing the formation, operation, and dissolution of companies. This knowledge is essential for any B Com graduate aspiring to work in the corporate sector.

2. Compliance with regulations: Companies are subject to a range of legal and regulatory requirements, and failing to comply with these can result in severe penalties. The Company Law course equips students with the knowledge needed to ensure that companies operate in compliance with relevant regulations.

3. Corporate governance: Good corporate governance is vital for the long-term success of any company. The course teaches students about the principles of corporate governance, including the roles and responsibilities of directors, shareholders, and other stakeholders.

4. Understanding contracts: Contracts are a fundamental part of business, and the Company Law course covers the key elements of contract law, including offer, acceptance, consideration, and breach of contract. This knowledge is essential for negotiating and drafting contracts and resolving disputes.

5. Protecting intellectual property: Intellectual property is a valuable asset for many companies, and the course covers the legal framework for protecting intellectual property, including trademarks, copyrights, and patents.

6. Managing risks: Companies face a range of risks, including financial, legal, and reputational risks. The course teaches students how to identify and manage these risks, including the use of insurance and other risk management tools.

7. Enhancing employability: Employers value candidates with a strong understanding of company law, as it demonstrates a range of skills and knowledge that are essential for success in the corporate sector. Completing the course can enhance the employability of B Com graduates and open up new career opportunities.
Company Law for B Com FAQs
1. What is company law?
Ans. Company Law is a set of legal rules and regulations that govern the formation, operation, and management of companies. It includes laws related to the formation of a company, its financing, management, and dissolution. Company Law is also known as Corporate Law.
2. What are the objectives of Company Law?
Ans. The primary objectives of Company Law are to protect the interests of shareholders, employees, creditors, and other stakeholders of the company. It also aims to ensure transparency and accountability in the management of the company. Additionally, Company Law seeks to promote healthy competition and prevent monopolies in the market.
3. What are the different types of companies under Company Law?
Ans. Under Company Law, there are several types of companies, such as Private Limited Companies, Public Limited Companies, One Person Companies, Limited Liability Partnerships, and Section 8 Companies. Each type of company has its own set of rules and regulations that govern its formation, management, and operation.
4. What are the legal requirements for starting a company under Company Law?
Ans. To start a company under Company Law, one needs to fulfill certain legal requirements, such as selecting a unique name for the company, obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the directors, drafting and filing the Memorandum of Association (MOA) and Articles of Association (AOA), and obtaining the Certificate of Incorporation from the Registrar of Companies (ROC).
5. What is the role of the Registrar of Companies (ROC) under Company Law?
Ans. The Registrar of Companies (ROC) is a government-appointed authority that oversees the registration and regulation of companies under Company Law. It is responsible for maintaining a record of all registered companies, ensuring compliance with the legal requirements, and taking legal action against companies that violate the law. The ROC also provides various services, such as issuing certificates of incorporation, processing filings, and maintaining company records.
Attention B Com Students!
To make sure you are not studying endlessly, EduRev has designed B Com study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in B Com.
Start learning for FREE
Company Law for B Com Exam Pattern 2023-2024
Company Law Exam Pattern for B Com

The Company Law Exam Pattern for B Com is designed to test the students' understanding of the legal framework and regulatory provisions governing companies in India. The exam is primarily theoretical and covers various aspects of company law, including the Companies Act, 2013, and other related laws and regulations.

Exam Format:
The Company Law Exam Pattern for B Com typically consists of two sections:
1. Theory
2. Practical

Theory Section:
The theory section of the exam is designed to test the students' understanding of the various legal provisions and regulations governing companies in India. The questions in this section are typically in the form of short answer questions, essay questions, and case studies. Some of the key topics covered in the theory section include:

- Formation and incorporation of companies
- Memorandum and Articles of Association
- Share capital and shareholders
- Directors and board of directors
- Meetings of the board and shareholders
- Dividend and distributions
- Accounts and audit
- Winding up and insolvency

Practical Section:
The practical section of the exam is designed to test the students' practical knowledge of company law. This section typically consists of case studies and practical scenarios, where students are required to apply their knowledge of company law to real-life situations. Some of the key topics covered in the practical section include:

- Preparation of Memorandum and Articles of Association
- Incorporation of a company
- Appointment and removal of directors
- Conducting board meetings and shareholder meetings
- Preparation of financial statements
- Compliance with legal and regulatory requirements

Preparation Tips:
To prepare for the Company Law Exam for B Com, students should focus on the following tips:

- Understand the legal framework and regulatory provisions governing companies in India
- Read and understand the Companies Act, 2013, and other related laws and regulations
- Practice solving case studies and practical scenarios
- Attend seminars and workshops on company law
- Stay updated with the latest developments in company law

In conclusion, the Company Law Exam Pattern for B Com is designed to test the students' understanding of the legal framework and regulatory provisions governing companies in India. By following the above-mentioned tips, students can prepare well for the exam and excel in their academic career.
Course Description
Company Law | Notes & Videos for B Com 2023-2024 is part of B Com preparation. The notes and questions for Company Law | Notes & Videos have been prepared according to the B Com exam syllabus. Information about Company Law | Notes & Videos covers all important topics for B Com 2023-2024 Exam. Find important definitions, questions, notes,examples, exercises test series, mock tests and Previous year questions (PYQs) below for Company Law | Notes & Videos.
Preparation for Company Law | Notes & Videos in English is available as part of our B Com preparation & Company Law | Notes & Videos in Hindi for B Com courses. Download more important topics related with Company Law | Notes & Videos, notes, lectures and mock test series for B Com Exam by signing up for free.
Course Speciality
- Topic wise Videos, Notes and even tests to analyze and improve on what you learn
- Detailed Docs for in-depth knowledge with easy illustrative examples
- Forum Support for each field to discuss and solve doubts with community
Full Syllabus, Lectures & Tests to study Company Law | Notes & Videos - B Com | Best Strategy to prepare for Company Law | Notes & Videos | Free Course for B Com Exam
About this Course
80 Docs

Related Searches

Resolutions - Company Meetings

,

Directors & Managerial Personnel - 1

,

Promotion & Registration

,

Power to Compromise or Make Arrangements With Creditors & Members(Section 230) - Company Law

,

Company Law

,

Company Law

,

Provisions Relating to Books of Account - 2

,

Company Law

,

Company Law

,

Formation

,

Concept of Lifting of Corporate Veil - Introduction

,

Majority Rule but Minority Protection - Majority Rule & Minority Rights

,

Company Law

,

Call on Shares - Share Capital

,

Company Law

,

Company Law

,

Company Law

,

Company Law

,

Articles of Association - Documents

,

Issue of Shares at Premium

,

Incorporation of Limited Liability Partnership

,

Issue of Sweat Capital - Share Capital

,

Alteration Decisions - Documents

,

Stakeholders Relationship - Management

,

Company Law

,

Unpaid & Unclaimed Dividend - Dividends & Audit

,

Nomination & Remuneration

,

Companies Auditor Report Order(CARO) Rules(2016) - Dividends & Audit

,

Company Law

Company Law | Notes & Videos
Join Course for Free
This course includes:
80+ Documents
4.73 (708+ ratings)
Get this course, and all other courses for B Com with EduRev Infinity Package.

Download free EduRev App

Track your progress, build streaks, highlight & save important lessons and more!
(Scan QR code)

Course Speciality

- Topic wise Videos, Notes and even tests to analyze and improve on what you learn
- Detailed Docs for in-depth knowledge with easy illustrative examples
- Forum Support for each field to discuss and solve doubts with community
Full Syllabus, Lectures & Tests to study Company Law | Notes & Videos - B Com | Best Strategy to prepare for Company Law | Notes & Videos | Free Course for B Com Exam