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Welcome to week one of MOOCs Corporate law course.


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In this week, we will discuss about business organizations,


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corporate personality and the registration of companies.


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So there are three models


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that will be covered in this week.


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Module 1 will deal with


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different kinds of business organizations.


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We will discuss about sole proprietorship,


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Hindu undivided family, cooperativesocieties,


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partnerships and the company


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and then we will come to the conclusion


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that why it is advisable


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to have a company form of organization for doing the business.


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So we will discuss about


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characteristics of corporate personality,


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advantages and disadvantages of corporate personality.


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After that we will come to the second module


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and in the second module,


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we will discuss about registration


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and incorporation of companies.


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So what are the formalities of the Companies Act 2013


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for registration of companies?


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And what are the documents that are required to be prepared


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for registering a company.


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Now before the incorporation


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there is a concept of pre-incorporation contract,


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so that portion will be covered in the module number 1.


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In third module, we will discuss about


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the two important documents of


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companies incorporation-Memorandum of Association


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as well as Articles of Association.


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So basically, we will focus on the objects,


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powers of the companies


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because these are the two documents


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that give company itself objects and powers


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and also deal with the internal administration of the company.


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So here we will also discuss about


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what is the importance of


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alteration of memorandum and articles of association


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and how the companies are internally administered.


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All these three modules will have their own it E-text


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followed by the video presentation


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and after that you will have self-assessment exercises


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and for the ratings will also be given to you in this week.