Company Law- Incorporation,Compliance,Drafting & Winding Up of Company Live Certificate Course

In today’s dynamic business environment, a solid understanding of company law is essential for anyone involved in corporate affairs, whether you’re a legal professional, a business owner, or an aspiring entrepreneur. This course is designed to provide you with a comprehensive overview of company law principles and practices specific to the Indian context.

Why Study Company Law in India?

India, with its burgeoning economy and vibrant business ecosystem, presents a plethora of opportunities and challenges for companies operating within its borders. From multinational corporations to startups, every entity must navigate the legal framework established by Indian company law.

Understanding company law in India is crucial for several reasons:

1. Legal Compliance: Indian company law mandates various compliance requirements that companies must adhere to, ranging from incorporation procedures to ongoing regulatory filings. Failure to comply with these regulations can result in severe penalties and legal repercussions.

2. Corporate Governance: Good corporate governance is the bedrock of sustainable business practices. By studying company law, you will gain insights into corporate governance principles and best practices, fostering transparency, accountability, and ethical conduct within organizations.

3. Business Transactions: Whether it’s raising capital, entering into partnerships, or restructuring operations, business transactions in India are governed by company law provisions. Understanding these legal frameworks is essential for negotiating deals and mitigating risks effectively.

4. Investor Confidence: Investors, both domestic and international, place significant emphasis on the legal and regulatory environment of a country before committing capital. A robust understanding of company law enhances investor confidence and facilitates capital inflows into Indian businesses.

 Course Overview:

In this course, we will embark on a journey through the key concepts, principles, and regulations that shape company law in India. From the inception of a company to its daily operations, corporate governance, and compliance requirements, each module is meticulously crafted to provide you with a holistic understanding of the subject matter.

What You’ll Be Learning?

Module 1:Introduction

• Meaning & Definition of a Company
• Nature and Characteristics of a Company
• Development of Company Law in India
• Doctrine of Lifting of Corporate Veil

Module 2:Types Of Companies

• Classification of Companies
• Private/Public/Small/limited & Unlimited Companies
• Association Not for Profit
• Government Companies
• Nidhi Companies
• Foreign Company
• Dormant Companies etc.

Module 3:Institution of Directors

• Number of Directors
• Independent Directors
• Manner of Selection of Directors
• Directors elected by Shareholders-Section 151
• Director Identification Number
• Duties of Directors
• Resignation & Removal of Directors

Module 4: Promotion 

• Meaning and legal position of Promoter
• Duties of a Promoter
• Remedies available to companies against the Promoters
• Rights & Liabilities of a Promoter

Module 5:Incorporation of a Company

• Formation of Companies-Procedural Aspects
• Filing of Documents with Registrar of Companies
• Corporate Identity Number
• Documents of Incorporation
• Punishment for furnishing false or incorrect information
• Rule 8(Companies Incorporation)Rules,2014

Module 6:Memorandum of Association & Articles of Association

• Understanding MOA & AOA
• Contents of Memorandum
• Doctrine of Ultra Vires
• Loans,borrowings,guarantees and Ultra Vires Rule
• Declaration for Subscription
• Signing of Memorandum
• Rule30-31 Incorporation Rules,2014
• Registration of Articles
• Statutory Requirements
• Distinction between MOA& AOA
• Drafting of MOA & AOA.

• Module 7 :Company Management and Compliance

• Key Managerial Personnel (KMP) – Definition and Role

• Appointment, Qualification & Remuneration of KMP

• Powers and Duties of Board of Directors – Section 179 & 180

• Duties of Directors under Section 166

• Board Meetings – Notice, Agenda, Quorum & Minutes

• Annual General Meeting (AGM) – Section 96

• Extraordinary General Meeting (EGM) – Section 100

• Types of Resolutions – Ordinary & Special

• Registers & Records to be Maintained by Companies

• Filing of Annual Return – MGT-7/MGT-7A

• Filing of Financial Statements – AOC-4

• Corporate Social Responsibility (CSR) – Section 135

• Annual and Event-Based Compliance Requirements

• Role of Company Secretary in Compliance

• Maintenance of Statutory Registers & Books

• Filing through MCA V3 Portal

Module 8: Winding Up and Dissolution of a Company

• Meaning and Concept of Winding Up

• Difference between Winding Up, Liquidation & Striking Off

• Legal Framework – Chapter XX of Companies Act, 2013

• Modes of Winding Up

  • Compulsory Winding Up by Tribunal – Section 271

  • Voluntary Winding Up – Section 304

• Grounds for Compulsory Winding Up

• Role and Powers of National Company Law Tribunal (NCLT)

• Declaration of Solvency

• Appointment, Powers & Duties of Liquidator

• Striking Off of Companies – Section 248

• Procedure for Filing Form STK-2

• Restoration of Company Name – Section 252

• Legal Consequences of Winding Up

• Dissolution Order and Effect on Corporate Existence

• Case Laws on Winding Up

Target Audience:

– Law Students

– Newly Qualified Lawyers

– Legal Assistants and Paralegals

– CA/CS/HR/MBA

Course Duration: 2 Months

Course Outcome:

Upon completion of the course, participants will have developed a solid foundation in company law, enabling them to comprehend, draft, and communicate effectively in various legal contexts. They will be equipped with the skills necessary for incorporation of a company, draft legal documents, and engage in professional communication.

Materials you’ll be getting:

• E-Books
• Sample Formats
• Lecture Recordings
• Reference Materials and Guidebooks

Perks:

Life-Time Access

E-Certificate

Practical Skills

Guidance from Professionals