Format No. QSP/7.1/01.F01 Issue No.04 Rev.

No 3 Dated: Jan 25, 2010

______________________________________________________________________________ UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Legal Studies Dehradun ______________________________________________________________________________ COURSE PLAN Programme : Course : Semester : Session : Batch : Subject Code : No. of credits : Subject : BA.LL.B BA.LL.B VIII January- May 2012 2009 14 LLBL 405 4 Investment& Securities Law

Prepared by: Sujith P Surendran Email: spsurendran@ddn.upes.ac.in

Approved By _________________________ HOD _______________________ Asst. Dean

UPES Campus Energy Acres P.O. Bidholi, Via Prem Nagar Dehradun -248 007 (U K)

Tel : +91-135-2261090/91 Fax : +91 135- 2694204 Web : www.upes.ac.in

UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun COURSE PLAN LEVEL OF KNOWLEDGE REQUIRED: The subject is an advanced study of the corporate law. Since India has its economy opened up and experimenting new changes in the corporate sector the paper is an important area of study to those who aim to reach the lucrative corporate world. There is nothing less than perfection will sustain and survive in this very competitive area. Thus the level of knowledge required is that of an expert level knowledge. OBJECTIVES The objective of the course is to prepare and equip the students with the expert theoretical as well as practical knowledge of the subject. The purpose of this paper is to understand various aspects of the securities laws and the investment framework in India with the procedures. BRIEF COURSE DESCRIPTION The security laws include introduction to various kinds of securities. It is prepared with a view to impart expert knowledge in the areas of corporate and government securities. It also has scope to discuss the advantages and draw backs of the Indian security market and the constraints. Under the investment law section the course is envisaged to discuss both domestic as well as Foreign investments in India. The course will discuss in detail various corporate laws and foreign exchange laws including the regulations issued by SEBI and RBI. THE SYLLABUS 1. SECURITIES a. Meaning b. Kinds of Securities c. Depository Receipts 2. GOVERNMENT SECURITIES a. Bonds issued by Government and Semi Government Institutions b. Role of RBI c. External Borrowing d. Government Loan: the constitutional dilemma and limitations 3. SECURITIES ISSUED BY BANKS a. Banks Notes b. Bank Draft, Travelers Cheques, c. Credit Cards, Smart Cards, Nature of Deposits,
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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun d. Current Saving and Fixed Deposits, Interest Warrants e. SARFAESI Act 2002 4. CORPORATE SECURITIES a. Shares, Debentures, Company Deposits, Control over Corporate Securities b. SEBI Guide Lines on Capital Issues c. Protection of Investor d. SEBI- establishment of SEBI, e. Powers of SEBI, f. Guidelines for Disclosure and Investors Protection g. Collective investments h. Depository receipts 5. DEPOSITORIES a. Types of Depository Receipts: IDR, ADR, GDR and Euro Receipts, b. SEBI Guidelines on Depositories. 6. INVESTMENT REGULATIONS a. Industrial Policy & Procedures b. Investments in SEZ, EOU etc 7. FOREIGN DIRECT INVESTMENT a. FDI through automatic route b. FDI through FIPB c. Investment by NRIs d. Investment by Foreign Corporate bodies e. Foreign institutional Investors f. External Commercial Borrowings g. Foreign investment in Trading Companies/Firm/Proprietary concern h. Joint venture agreements i. Establishment of branch office or other place of office in India j. Acquisition, holding and transfer of immovable property in India k. Repatriation BOOKS Books to be referred: A.Ramaiyya , Guide to the Companies Act,1956 Dr.Avatar Singh, 2008 Edn Legal Aspects of Business , R.S.N.Pillai & Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, A.K.Majumdar & G.K.Kapoor

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun K.S.Anantharaman, Company Law, C.Sitaraman & Co, Chennai ACS Company Law Materials Investing in India, Rajiv Jain FEMA MANUAL, Taxmann SEBI MANUAL, Taxmann

Journals: Company Law Journal & Chartered Secretary Websites: www.mca.gov.in www.wadhwa.com www.westlaw.com www.universal.com http://www.rbi.org.in www.sebi.gov.in

EVALUATION CRITERIA ASSIGNMENTS MID-TERM EXAMINATION FINAL-TERM EXAMINATION PEDAGOGY Continuous Assessment (Including Mid-Term Exam) 1.1 Mid-Term Exam 1.2 Continuous Assessment Explanation: End-Term Examination

30% 20% 50%

Marks 50 20 30

50 Marks

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun COURSE REQUIREMENTS: The course is procedural in nature & thus requires an understanding of the students about the technicalities involved in corporate reconstruction. Students participation in the class room through discussion & questions would be the preferred mode of lecture. Students would be made aware about the legal framework of securities and investments with practical examples.

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun DETAILED SESSION PLANOUT

TOPICS

SESSIO READINGS (No.)

Assignment (Presentation/ Case/Quiz/test/ other)

1. SECURITIES a. Meaning b. Kinds of Securities c. Depository Receipts

A.Ramaiyya , Guide to the Companies Project topics to be Assigned Singh,

Act,1956 Dr.Avatar 2008 Edn Legal

Aspects

of , &

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company 08 Law & Practise, &

A.K.Majumdar G.K.Kapoor K.S.Anantharaman, Company

Law,

C.Sitaraman & Co, Chennai ACS Company Law Materials Investing Rajiv Jain FEMA MANUAL, in India,

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun Taxmann SEBI Taxmann MANUAL,

2. GOVERNMENT SECURITIES a. Bonds issued by Government and Semi Government Institutions b. Role of RBI c. External Borrowing d. Government Loan: the constitutional dilemma and limitations

06

A.Ramaiyya , Guide to the Companies Submission of synopsis Of project topic. Singh,

Act,1956 Dr.Avatar 2008 Edn Legal Aspects of , &

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar G.K.Kapoor K.S.Anantharaman, Company

Law,

C.Sitaraman & Co, Chennai ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann MANUAL, MANUAL, in India,

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun

3. SECURITIES ISSUED BY BANKS a. Banks Notes b. Bank Draft, Travelers Cheques, c. Credit Cards, Smart Cards, Nature of Deposits, d. Current Saving and Fixed Deposits, Interest Warrants e. SARFAESI Act 2002

06

A.Ramaiyya , Guide to the Companies

Act,1956 Dr.Avatar 2008 Edn Legal Aspects of , & Singh,

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar G.K.Kapoor

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun K.S.Anantharaman, Company Law,

C.Sitaraman & Co, Chennai ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann 1. CORPORATE SECURITIES a. Shares, Debentures, Company Deposits, Control over Corporate Securities b. SEBI Guide Lines on Capital Issues c. Protection of Investor d. SEBI- establishment of SEBI, e. Powers of SEBI, f. Guidelines for Disclosure and Investors Protection g. Collective investments h. Depository receipts 06 A.Ramaiyya , Guide to the Companies MANUAL, MANUAL, in India,

Act,1956 Dr.Avatar 2008 Edn Legal Aspects of , & Singh,

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar G.K.Kapoor K.S.Anantharaman, Company

Law,

C.Sitaraman & Co,

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun Chennai ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann MANUAL, MANUAL, in India,

1. DEPOSITORIES 06 a. Types of Depository Receipts: IDR, ADR, GDR and Euro Receipts, b. SEBI Guidelines on Depositories.

A.Ramaiyya , Guide to the Companies Class presentation project topics. Singh, of

Act,1956 Dr.Avatar 2008 Edn Legal

Aspects

of , &

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar G.K.Kapoor K.S.Anantharaman,

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun Company Law,

C.Sitaraman & Co, Chennai ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann 1. INVESTMENT REGULATIONS a. Industrial Policy & Procedures b. Investments in SEZ, EOU etc 06 A.Ramaiyya , Guide to the Companies MANUAL, MANUAL, in India,

Act,1956 Dr.Avatar 2008 Edn Legal Aspects of of Singh,

Business

, Class presentation R.S.N.Pillai & project topics. Snap Test-II Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar G.K.Kapoor K.S.Anantharaman, Company

Law,

C.Sitaraman & Co, Chennai

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann MANUAL, MANUAL, in India,

1. FOREIGN DIRECT INVESTMENT a. FDI through automatic route b. FDI through FIPB c. Investment by NRIs d. Investment by Foreign Corporate bodies e. Foreign institutional Investors f. External Commercial Borrowings g. Foreign investment in Trading Companies/Firm/Proprietary concern h. Joint venture agreements i. Establishment of branch office or other place of office in India j. Acquisition, holding and transfer of immovable property in India k. Repatriation

08

A.Ramaiyya , Guide to the Companies

Act,1956 Dr.Avatar 2008 Edn Legal Singh, Class presentation project topics. of , & of

Aspects

Business R.S.N.Pillai

Baghavathy,S.Chand 2011 Edn Taxmanns Company Law & Practise, &

A.K.Majumdar

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UNIVERSITY OF PETROLEUM & ENERGY STUDIES College of Management and Economic Studies, Dehradun G.K.Kapoor K.S.Anantharaman, Company Law,

C.Sitaraman & Co, Chennai ACS Company Law Materials Investing Rajiv Jain FEMA Taxmann SEBI Taxmann Total 48 MANUAL, MANUAL, in India,

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