Company Law in India governs the formation, operation, and regulation of companies in the country. It is primarily governed by the Companies Act, 2013, which replaced the previous Companies Act of 1956. The Act defines the legal framework for the incorporation, management, and dissolution of companies. It provides for the creation of different types of companies, such as private limited, public limited, and one-person companies. The law also addresses the rights and duties of shareholders, directors, and other stakeholders in a company. A key feature of Company Law is the concept of limited liability, ensuring that shareholders are not personally liable for the company’s debts beyond their investment. Corporate governance principles under Company Law ensure that companies are run ethically and transparently. The Act also deals with the financial reporting requirements of companies, mandating them to prepare annual financial statements audited by a qualified auditor. The law establishes regulatory bodies such as the Ministry of Corporate Affairs (MCA), which oversees compliance and enforces the provisions of the Act. With the advent of the Insolvency and Bankruptcy Code (IBC), 2016, Company Law also includes procedures for the revival or liquidation of financially distressed companies.
This course aims to provide an indepth knowledge regarding the significance of an effective communication system in an organization. Students will be able to communicate effectively after practicing different modes of communication.
This course aims to provide an indepth knowledge regarding various elements of Business Environment. The learner will be able to understand the impact of various environmental factors on business.
This course aims to provide the application level knowledge of different methods of costing. This course also aims to give an orientation to different techniques of cost control and cost reduction