Hi B.Com. Students, I am sharing brief and concise lecture notes on the B.Com. Second Year subject - Indian Company Act. Indian Company Act is mostly taught as part of the B.Com. 2nd Year course and these PDF lecture notes will help prepare well for your BCom semester exams.
The major topics covered in these B.Com. Second Year lecture notes and eBook of Indian Company Act are:
The major topics covered in these B.Com. Second Year lecture notes and eBook of Indian Company Act are:
- UNIT – I Company definition, characteristics, types of company, formation of company, promotion, incorporation & commencement of business.
- UNIT – II Detailed study of memorandum of association, articles of association & prospectus.
- UNIT – III Shares – share capital, types of shares, transfer & transmission of shares, shareholders V/s members of the company.
- UNIT – IV Directors – managing directors, whole time director, their qualification, appointment, powers, duties & responsibilities. Company Meetings : Types. Quorum, Voting, Resolution and Minutes.
- UNIT – V Majority powers & minority rights, prevention of oppression & mismanagement, winding up of companies – types of methods.