COURSE FILE
SESSION 2022-23, ODDSEM
COURSE
COMPANY LAW
(BL-3005)
B.A.LL.B 7TH SEM
FACULTY:
DR. KSHAMAA
ASST. PROF. (LAW DEPTT.)
IIMT COLLEGE OF LAW, GREATER NOIDA
AFFILIATED TO:
CHAUDHARY CHARAN SINGH UNIVERSITY, MEERUT
COURSEFILE
NAMEOFFACULTY DR KSHAMAA
PROGRAM B.A.LL.B
DEPARTMENT LAW
SUBJECT COMPANY LAW
COURSECODE BL -3005
YEAR SECTION (A&B)
SEMESTER 7TH
SESSION 2022–23(ODDSEM)
IIMTCOLLEGEOFLAW, GREATERNOIDA
VISION AND MISSION OF THE INSTITUTE
Vision
To be among the renowned institution providing Legal
education of excellence, empowered with research, innovation
and drafting skill with high ethical values, catering to the needs
of law industry and society.
Mission
To offer state of the art undergraduate program.
To be a learner centric institute imbibing experimental
innovation and lifelong learning skills, addressing societal
problems with high ethical values for nation building.
To deliver changing demands of industry and academic
through our stakeholders.
To contribute as a professional leader in the growing field
of legal profession and research.
IIMT COLLEGE OF LAW, GREATER NOIDA
ASSIGNMENT- I
UNIT I – COMPANY LAW
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
ASSIGNMENT GIVEN ON:
DATE OF SUBMISSION:
NOTE: All questions are compulsory
1-Explain the History of Company Legislation in India.
2-What is company?
3-Write a note of Formation of Companies :
4- What is meaning and Nature of Company.
5-Examine the advantages and Disadvantages over other forms of Business Organizations .
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA
ASSIGNMENT- II
UNIT- 2
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
ASSIGNMENT GIVEN ON:
DATE OF SUBMISSION:
NOTE: All questions are compulsory
1. Critically examine the theory of corporate personality and enumerate in detail the
instances where corporate veil can be lifted.
2. What is the effect of memorandum and articles? Is the doctrine of ultra vires still
relevant? Explain how the position in India is different from United Kingdom.
3. Doctrine of indoor management is an exception to the rule of constructive notice.
Elaborate.
4. Who is a promoter? Examine his position in relation to the company he promotes.
5. Who can be appointed as a director of a company?
. FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA
ASSIGNMENT- III
UNIT 3
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
ASSIGNMENT GIVEN ON:
DATE OF SUBMISSION:
NOTE: All questions are compulsory
1. Elucidate in detail the duties of directors under the Companies Act, 2013. To whom are
the duties owed?
2. Majority has its way but minority has its say.” Examine in light of decided case laws and
relevant provisions of the Companics Act, 2013..
3. Who can apply under section 241 of the Companies Act, 2013 to tribunal for relief in
case of oppression?
4. What is meant by “winding up” of a company? What are the modes and grounds of
winding up? H and W are married to each other under Special Marriage Act, 1954..
5. .Define the concept of corporate personality and discuss the circumstances in which
courts often draw aside the veil to see what really lies behind? cite relevant case law.
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA
ASSIGNMENT- IV
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
ASSIGNMENT GIVEN ON:
DATE OF SUBMISSION:
NOTE: All questions are compulsory
1. Explain the doctrine of ultra Vires with reference to Ashbury Railway Carriage & Iron Co.
Ltd. V. Riche & other cases. Compare current scenario of it in Indian context & other
countries?
2. Define the doctrine of Indoor management’ in reference to rules laid down in Royal
British Bank V Turquand?
3. Distinguish between public and private companies.
4. Explain the duties of directors in the context of utmost good faith?
5. Define the Independent directors?
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA
ASSIGNMENT -V
UNIT 5
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
ASSIGNMENT GIVEN ON:
DATE OF SUBMISSION:
NOTE: All questions are compulsory
1. Discuss the concept of prevention of oppression & mismanagement in context of
relevant cases?
2. What do you understand by the winding up? What are the grounds of compulsory
winding up of a company?
3. Discuss the Importance of Annual General meeting in company?
4. Discuss the advantages and disadvantages of incorporation of a company.
5. Memorandum of association contains the essential clauses which are usually described
as the conditions of the company’s incorporation.” Discuss the clauses of memorandum
of association in the light of above observation.
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA [391 ]
MODEL QUESTION BANK (UNIT I)
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
1- Explain the concept of corporate personality and discuss with reference to decided
cases in which the court often pierces the corporate mask and draws aside the veil to
see what really lies behind.
2- Discuss the grounds of compulsory winding-up of a company with reference to statutory
provisions and decided cases.
3- Explain the doctrine of ultra vires with reference to Ashbrey Railway Carriage & Iron Co.
Ltd. V. Riche (1875) LRHL653 and other cases. Has it outlined its utility? Discuss the
legal position.
4- Discuss the principle laid down in “Royal British Bank V. Turquand (1856) 119ER886
and what defences are available against its application to a company?
5- Discuss the position and duties of promoters.
6- Attempt any two of the following :
7- (a) Discuss kinds of share capital and differentiate between share and debenture
(b) Corporate social responsibility
(c) Rule of constructive notice.
8- Explain the meaning of the term “oppression” with reference to decided cases and
discuss the conditions of relief laid down under statutory provision.
9- A director of a company stands in a fiduciary relationship towards the company and shall
observe utmost good faith towards the company In any transaction with it or on behalf of
it.” Critically examine the above statement and mention the other duties of directors with
decided cases.
10- What are the contents of the Memorandum of Association and how can they be
altered ?
11- Discuss the grounds of compulsory winding-up of a company with reference to statutory
provisions and decided cases.
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA
MODEL QUESTION BANK (UNIT II)
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
1. Elucidate in detail the duties of directors under the Companies Act, 2013. To whom are
the duties owed?
2. Majority has its way but minority has its say.” Examine in light of decided case laws and
relevant provisions of the Companics Act, 2013..
3. Who can apply under section 241 of the Companies Act, 2013 to tribunal for relief in case
of oppression?
4. Doctrine of Ultra Vires as laid down in Ashbury Railway Carriage and iron Co. Ltd. is.
Riche has proved to be a dark cloud for adventurous directors and careless creditors, and
often companies themselves seek to bypass it. Comment with reference to relevant case
laws as well as legal position in India.
5. Explain the doctrine of constructive notice. What is the rule laid down in Royal British
Bank I’s. Turquand and what defences against its application are available to a
company ?
6. The rule of equity which insists on those, who by case of a fiduciary position make a
profit, being liable to account for that profit in no way depends on fraud or absence of
bonafides.”. Examine the statement with reference to the relationship of director with his
company.
7. Discuss the rule laid down in Foss Vs. Harbottle along with its exceptions.
8. When can an application be made under section 397 and section 398 ? What reliefs can
be granted on such application ?
9. Explain the winding up of the company. Write down the different modes available for
winding up a company with special reference to compulsory winding up by court.
10. Explain the salient features of the Companies Bill, 2012.
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA [391 ]
MODEL QUESTION BANK ( UNIT-III)
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
1- Government company
2- One person company
3- Extraordinary general meeting
4- Independent director
5- Difference between share and debenture.
6- Critically examine the theory of corporate personality and enumerate in detail the
instances where corporate veil can be lifted.
7- What is the effect of memorandum and articles? Is the doctrine of ultra vires still
relevant? Explain how the position in India is different from United Kingdom.
8- Who is a promoter? Examine his position in relation to the company he promotes.
9- Doctrine of indoor management is an exception to the rule of constructive notice.
Elaborate.
10- Elucidate in detail the duties of directors under the Companies Act, 2013. To whom are
the duties owed?
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA [391]
MODEL QUESTION BANK (UNIT IV)
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
1. Majority has its way but minority has its say.” Examine in light of decided case laws and
relevant provisions of the Companics Act, 2013.
2. Explain briefly corporate Social Responsibility
3. National Company Law Tribunal.
4. Distinguish between public and private companies.
5. Explain the duties of directors in the context of utmost good faith?
6. Discuss the grounds of compulsory winding-up of a company with reference to statutory
provisions and decided cases.
7. Explain the doctrine of ultra vires with reference to Ashbrey Railway Carriage & Iron Co.
Ltd. V. Riche (1875) LRHL653 and other cases. Has it outlined its utility? Discuss the
legal position.
8. Discuss the principle laid down in “Royal British Bank V. Turquand (1856) 119ER886
and what defences are available against its application to a company?
9. Discuss the position and duties of promoters.
10. Attempt any two of the following :
(a) Discuss kinds of share capital and differentiate between share and debenture
(b) Corporate social responsibility
(c) Rule of constructive notice.
FACULTY:
DR KSHAMAA
IIMT COLLEGE OF LAW, GREATER NOIDA [391 ]
MODEL QUESTION BANK (UNIT V)
COURSE: B.A. LL.B SEM: 7TH
SUBJECT: COMPANY LAW (BL-3005)
1. Majority will have its way but minority must be allowed to have its say .discuss the
concept of prevention of oppression & mismanagement in context of relevant cases?
2. What do you understand by the winding up? What are the grounds of compulsory
winding up of a company?
3. Discuss the Importance of Annual General meeting in company?
4. Discuss the advantages and disadvantages of incorporation of a company.
5. Memorandum of association contains the essential clauses which are usually described
as the conditions of the company’s incorporation.” Discuss the clauses of memorandum
of association in the light of above observation.
6. National Company Law Tribunal.
7. Distinguish between public and private companies.
8. Explain the duties of directors in the context of utmost good faith?
9. Discuss the grounds of compulsory winding-up of a company with reference to statutory
provisions and decided cases.
10. Explain the doctrine of ultra vires with reference to Ashbrey Railway Carriage & Iron Co.
Ltd. V. Riche (1875) LRHL653 and other cases. Has it outlined its utility? Discuss the
legal position
FACULTY:
DR KSHAMAA
NO.
IIMT COLLEGE OF LAW
GREATER NOIDA
SESSIONAL EXAMINATION – NOVEMBER, 2022-2023/ODD
Class : B.A.LL.B Semester VII Paper Code BL-3005
Name of the Paper- Company Law
Maximum Marks- 50 Time- 1.5 Hours
Attempt all the sections as per instructions
SECTION- A 10 Marks
Attempt all FIVE questions. Each question carries 02 marks. Very short answer required.
Q1. Private Company
प्राइवेट कंपनी
Q2. One person Company
एक व्यक्ति कंपनी
Q3. Public Company.
पब्लिक कंपनी
Q4. Corporate Veil.
कॉरपोरे ट आवरण
Q5. Promoters
प्रवर्तक
SECTION- B
Attempt any two questions. Each question carries 05 marks. Short answer is required.
Q6. Company and its Formation
कपनी और इसका गठन
Q7. Company-Nature and Types
कंपनी क्या है इसके प्रकार लिखें?
Q8. Discuss the classification of company.
कंपनी का वर्गीकरण क्या है ?
SECTION- C
Attempt any THREE out of the following questions. Each question carries 10 marks. Write
answer in detail.
Q9 Discribe the Salient features of a company?
कंपनी की विशेषता क्या है ?
Q10. Discuss the meaning, definition and salient features of companies.
कंपनी शब्द से आशय, परिभाषा एवं कंपनी की विशेषताएँ
Q11. Explain in details the kinds of companies?
कंपनी कितने प्रकार के होते हैं?
Q12. H. w a company is formed?
कंपनी का निर्माण कैसे होता है ?
Q13. What is the difference between Limited and Private Limited Company?
लिमिटे ड और प्राइवेट लिमिटे ड कंपनी में क्या अंतर है ?
IIMT College of LAW, Greater Noida
Faculty Introductory Class at the beginning of the Semester
Date: Sem/Sec: LL.B 7TH / (A & B) Period: II
CourseCode:BL-3005 Course Name: COMPANY LAW
1. Name of the Faculty Member: DR KSHAMAA
2. Did you teach this/similar subject earlier in any class?: No
3. Class Room Management - When you enter the class observe the following: Everything is checked.
(a) Students should get up & pay compliments; if not teach them to do so. Reply back & tell them to sit down
(b) See that the seating arrangement is proper. If required make changes.
(c) Ask General Welfare of the students especially hosteller regarding their mess & food.
(d) In case any particular student is found not cheerful, ask the reason & do the needful.
(e) Make the students aware of General Discipline, Dress Code, Attendance and class etiquettes.
(f) Emphasize importance of taking down notes in separate copies for different subjects, keeping in step
with the class and Establish importance of asking questions.
(g) Importance of communication in English for the professionals.
4. When you find that the students are comfortable and ready to listen, then talk on the following points: Yes
(a) Introduce yourself i.e. Name, qualification and experience in research etc. and any other information
which may influence the students to regard you as their teacher/ guide or mentor.
(b) Introduce the subject to be taught highlighting the following:
- Course Objectives
- Course Outcomes
- Expectations from the students after attending the Course
- Evaluation Scheme, Syllabus and Books
- Course Delivery to include – Total number of Units to be taught in the semester, number of Units
to be covered up before 1st, 2nd & 3rd sessional tests, sessional test schedules, duration and course
coverage in the tests, number of assignments/ quizzes, sessional marks policy etc.
- Importance and relevance of the subject in engineering field/ management.
- Its importance for career in the industry & likely career avenues, Need of the knowledge in human
life, at national & international level.
- Brief summary of the subject taught in previous semester (to connect the current subject with the
subject taught earlier-pre-requisites)
- Clarify doubts, if any, about the curriculum and about any other matter.
(c) Create interest amongst the students so that they will eagerly wait to attend your classes.
(d) Provide information about various co-curricular and extra-curricular activities and clubs in the college
and emphasize their importance for their overall personality development and help in placement. Also
inform the incentive schemes for their participation in such activities within the college and outside.
(e) Provide information about technical Society/ professional magazines being promoted by the department
and various Centers of Excellence in the college.
5. Just before the end of the class, enquire if they have any comments or suggestion.
6. Submit the report to the HOD after the introductory class.
Observations / Report
As per the instructions above, everything was done and it was observed that students are less in number but the
present students are more enthusiastic towards the learning of this subject in coming lectures. Also the pre requisite
questions were done on the spot by students.
Signature of the HOD:
Date: Date: