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MGT612 : Corporate Law

Course Overview

Course Synopsis

Introduction to Law, Kinds of Law, Choice of Business Organization, Lifting the Veil of Incorporation, Section 2 of the Companies Ordinance 1984-Definitions, Jurisdiction and Procedure of the courts, Incorporation of Company and Matters Incidental thereto, Memorandum of Association, Alteration of Memorandum, Articles of Association, Prohibition with Respect to Name of Company, Associations Not For Profit, Kinds of Company, Company Limited by Guarantee—Conversion of Public Company in to Private and vice versa, Service & Authentication of Documents, Prospectus, Allotment of Shares & Debentures, Transfer of Shares & Debentures, Commission, Discount, Premium & Redeemable Preference Shares, Redemption of Preference Shares --- Regulation of Deposits, Nature of shares and certificates of shares, Reduction of Share Capital, Registration of Mortgages & Charges, Receivers & Managers, Registered Office, Publication of Name, Meetings & Proceedings, Directors, Chief Executive---Secretary, Investments, Contracts & Officers etc., Books of Accounts, Audit, Dividends & Manner, Investigation And Related Matters, Prevention of Oppression & Mismanagement, Provisions as to Establishment of Places of Business in Pakistan, Winding up of Company, Securities And Exchange Ordinance, 1969. (Ordinance No. XVII of 1969), Securities and Exchange Commission of Pakistan Act, 1997 (Act No. XLII of 1997), Establishment & Regulation of Non- Banking Finance Companies

Course Learning Outcomes

After going through this course, the student will be able to develop skills to understand provisions of different corporate laws and their application to the corporate organizations with respect to the following:

  • Jurisdiction and Procedure of the courts in Pakistan
  • Incorporation of Company and Matters Incidental thereto under company’s Ordinance 1984
  • What is Memorandum of Association, Articles of Association and Prospectus under company’s Ordinance 1984
  • Kinds of company and how to convert Public Limited company into Private and vice versa under company’s Ordinance 1984
  • Allotment and Transfer of Shares and Debentures
  • Nature of shares and certificates of shares
  • Shareholder’s Meetings and its Proceedings
  • Provisions as to Establishment of Places of Business in Pakistan
  • Winding up of Company under the provisions of Company’s Ordinance 1984
  • Provisions of Securities And Exchange Ordinance, 1969
  • Provisions of Securities and Exchange Commission of Pakistan Act, 1997
  • Establishment & Regulation of Non- Banking Finance Companies


Course Calendar

1 Introduction to Law
2 Kinds of Law
3 Interpretation of Statutory Law
4 Choice of Business Organization
5 Lifting the Veil of Incorporation
6 Section 2 of the Companies Ordinance 1984-Definitions (Part I)
7 Section 2 of the Companies Ordinance 1984—Definitions (Part II)
8 Jurisdiction and Procedure of the courts
9 Incorporation of Company and Matters Incidental thereto
10 Memorandum of Association
11 Alteration of Memorandum
12 Articles of Association
13 Prohibition with Respect to Name of Company
14 Associations Not For Profit
15 Kinds of Company
16 Company Limited by Guarantee—Conversion of Public Company in to Private and vice versa
17 Service & Authentication of Documents
18 Prospectus
19 Allotment of Shares & Debentures (Part I)
20 Allotment of Shares & Debentures (Part II)
21 Transfer of Shares & Debentures
22 Commission, Discount, Premium & Redeemable Preference Shares
23 Redemption of Preference Shares --- Regulation of Deposits
24 Nature of shares and certificates of shares
25 Reduction of Share Capital
26 Registration of Mortgages & Charges
27 Receivers & Managers
28 Registered Office, Publication of Name
29 Meetings & Proceedings (Part I)
30 Meetings & Proceedings (Part II)
31 Meetings & Proceedings (Part III)
32 Directors (Part I)
33 Directors (Part II)
34 Chief Executive---Secretary
35 Investments, Contracts & Officers
36 Books of Accounts
37 Audit
38 Dividends & Manner & Time of Payment Thereof
39 Investigation And Related Matters
40 Prevention of Oppression & Mismanagement
41 Provisions as to Establishment of Places of Business in Pakistan
42 Winding up of Company
43 Securities And Exchange Ordinance, 1969. (Ordinance No. XVII of 1969)
44 Securities and Exchange Commission of Pakistan Act, 1997 (Act No. XLII of 1997)
45 Establishment & Regulation of Non- Banking Finance Companies