Introduction and objectives

Company law is branch of law that deals with the companies.

The course "Company Law" is designed to:

• To introduce students to the economic function of the company as a legal structure for business, to its advantages and disadvantages compared to other structures available.

• To explain the legal nature and significance of limited liability and the price which those using a company as a business structure are required to pay for it.

• To provide students with knowledge and appreciation of the major core topics in Company Law including the legal nature of the company as a business structure, the legal implications of separate corporate personality including limited liability, the validity of contracts made with companies, the role of the board of directors and their legal duties as directors and the legal protection of shareholders.

• To facilitate an appreciation of the legal nature of the relationships between a company and its management on the one hand and the various groups with an interest in the affairs of the company or 'stakeholders' on the other.

• The course is primarily based on the provisions of the Companies Act, 2017. Refferances are also made to various important judicial precedents.

Learning Outcomes

The students successfully completing this course will be able to:

• Identify and explain the significance of corporate personality and related concepts.

• Embrace various types of corporations and companies.

• Apprehend the doctrines attached to the corporations.

• Comprehend various stages of incorporation and the role played by different players.

• Key out different ways by which a company may generate funds to carry on its business operations.

• Cover and identify the way of management of a company as well as persons involve with it.

• Encompass the procedures for winding-up of companies.

Primary sourse:

• The Companies Act, 2017

Recommended book:
• Company Law, 2019 by Imran Ahsan Khan Nyazee

Other suggested readings are:
• Company law by Dignam, A. and J. Lowry
• Company Law by Palmer
• Principles of Company Law by Pennington R.R

Class Timings:

LLB 5 Years, Session 2016-21 Regular, Section-A
Monday: 11:00 am - 12:30 pm.
Thursday: 09:30 am - 11:00 am.

LLB 5 Years, Session 2016-21 Regular, Section-B
Wednesday: 02:00 pm - 03:30 pm.
Thursday: 12:30 pm - 02:00 pm.

LLB 3 Years, Session 2018-21 Regular, Section-A
Wednesday: 08:00 am - 09:30 am.
Thursday: 11:00 am - 12:30 pm.

LLB 3 Years, Session 2018-21 Regular, Section-B
Monday: 12:30 pm - 02:00 pm.
Thursday: 02:00 pm - 03:30 pm.

Assessment Criteria:

Sessional: 20 [Assignments and presentations (10) Class-participation (05) Attendance (05)]

Mid Term (Term paper): 30

Final Term: 50