IPU Business Laws Unit 3 Notes

UNIT 3 The Companies Act. 2013

• Essentials characteristics of a Company
• Types of Companies
• Memorandum and Articles of Association, Prospectus
• Shares – Kinds,
• Allotment and Transfer of Share
• Debentures
• Essentials conditions for a valid meeting
• Kinds of Meeting and Resolutions
• Directors and Remuneration
• Directors, Managing Directors – Their Appointment, Qualification, Powers and Limits on their Remuneration
• Prevention of Oppression and Mismanagement
• Single Person Company
• Important changes from the previous Companies Act 1956

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