| Unit-I | Corporate Personality & Incorporation | Sec. 2(20), Salomon Case | Separate legal entity, private/public companies, and lifting the corporate veil. |
| Unit-II | Promoters, MoA, AoA & Ultra Vires | Sec. 4, 5, 35, Turquand’s Rule | Charter documents, ultra vires doctrine, indoor management, and prospectus liability. |
| Unit-III | Shares, Allotment & Transfer | Sec. 2(84), 39, 56 | Share capital nature, minimum subscription, calls, forfeiture, and transfer (Form SH-4) vs. transmission. |
| Unit-IV | Directors, Meetings & CSR | Sec. 135, 149, 166, 179 | Independent directors, board powers, 21 days’ notice, quorum, and 2% CSR spending mandate. |
| Unit-V | Accounts, NCLT, Oppression & IBC | Sec. 241, 408, IBC 2016 | Financial audits, NCLT adjudication, minority protection against oppression, and IBC insolvency resolution. |
