Financial Market #3: Companies Act, Limited Liability Partnership (LLP), Corporate Governance, NCLAT HD

- Limited Liability Partnership Act 2008: purpose se and provisions. - Companies act 2013: types of companies, public limited company, private limited company, one-person company, dormant company, not-for-profit company – with examples - Norms for minimum authorised capital, paid up capital, directors, independent directors, meeting quorums, advance notices, limits on auditors, company secretary requirements, whistleblower provisions and corporate social responsibility. - Statutory bodies under the companies act 2013: National Company Law Tribunal (NCLT), National Financial Reporting Authority (NFRA), Investor and Education Protection Fund, and SFIO- Serious Fraud Investigation Office (SFIO); their structure and functions. - Administrative functions of ministries of corporate affairs from India Yearbook Chapter 14- MCA-21, INC-29. - Is corporate governance in danger in India? Why should we bother? What are the disputes between Ratan Tata vs. Cyrus Mistry vs Nusli Wadia, Infosys founder Narayan Murthy vs CEO Vishal Sikka. Why is USFDA criticizing the breakdown of corporate governance among Indian pharmaceutical companies, what is Park doctrine? - Framework for Mains answer writing from this topic of corporate governance. - This concludes the “Finance” topic. Next time, We will see insurance sector. === - Faculty Name: You know who - All Powerpoint available at http://mrunal.org/powerpoint - Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.