Title LB-503 COMPANY LAW.pdf ✅

Himachal Pradesh National Law University, Shimla Semester- V Academic Session 2024-25 Paper Code: LB-503 Page 3 3. End-Term Examination 50 Course Outline and Teaching-Learning Plan The Course Content is divided into four modules, each module consists of five sub-topics. The number of lectures to be delivered for each sub-topic and the contents covered under the sub-topicare specified briefly. The course shall be covered by classroom lectures of 60 hours (48 classes) in addition to tutorials, assignments-presentations, examinations, and other activities. Each Module must have a minimum of 9 classes, however, all four modules must be finished in not less than 48 classes. S.No. Sub-modules Number of Lectures Content Covered Module: 1 Company and Its Incorporation 1.1 Company – Definition; Evolution; Meaning and Nature; 3 Define company with reference to L.C.B. Gower and Palmer in light of the provisions of Companies Act, 2013, Nature, and its features (Salomon v. Salomon & Co., Ltd.and Lee v. Lee’s Air Farming, Ltd.of Historical evolution of Company. Study of Company Vis-A-Vis Other Forms of Business like Hindu Undivided Family Business, Partnership etc. 1.2 Theory of Corporate Personality; Lifting of the Corporate Veil; Statutory Exceptions to Limited 3 Jurisprudential approach on Legal personality of Company with reference to Salomon v. Salomon & Co., Ltd. and Lee v. Lee’s Air Farming, Ltd.Statutory and Judicial approach on Lifting of the Corporate Veil with reference to the Companies Act, 2013 and celebrated judgment