Welcome to week one of MOOCs Corporate law course.
In this week, we will discuss about business organizations,
corporate personality and the registration of companies.
So there are three models
that will be covered in this week.
Module 1 will deal with
different kinds of business organizations.
We will discuss about sole proprietorship,
Hindu undivided family, cooperativesocieties,
partnerships and the company
and then we will come to the conclusion
that why it is advisable
to have a company form of organization for doing the business.
So we will discuss about
characteristics of corporate personality,
advantages and disadvantages of corporate personality.
After that we will come to the second module
and in the second module,
we will discuss about registration
and incorporation of companies.
So what are the formalities of the Companies Act 2013
for registration of companies?
And what are the documents that are required to be prepared
for registering a company.
Now before the incorporation
there is a concept of pre-incorporation contract,
so that portion will be covered in the module number 1.
In third module, we will discuss about
the two important documents of
companies incorporation-Memorandum of Association
as well as Articles of Association.
So basically, we will focus on the objects,
powers of the companies
because these are the two documents
that give company itself objects and powers
and also deal with the internal administration of the company.
So here we will also discuss about
what is the importance of
alteration of memorandum and articles of association
and how the companies are internally administered.
All these three modules will have their own it E-text
followed by the video presentation
and after that you will have self-assessment exercises
and for the ratings will also be given to you in this week.