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Company Law

Notes 9. “Society is dependent upon corporations for the supply of goods and services but they
cannot ignore the social consequences of their overall activities.” Explain.
10. “The managers are the administrators of a community system and the wealth of the
country is controlled by corporate governance”. Explain.

Answers: Self Assessment

1. corporate goals 2. Corporate governance
3. professional investors 4. Desirable behaviors

5. True 6. False
7. True 8. True
9. False

11.9 Further Readings

Books Aggarwal, Rohini (2003), “Student’s Guide to Mercantile and Commercial Laws,”
Taxmann’s, New Delhi.
Avtar Singh, Company Law, Eastern Publishers.
Begrail, Ashok K, Company Law, Vikas Publishing House, Delhi.
Kapoor, N.D, Company Law, Sultan Chand & Sons, New Delhi.

M.C. Kucchal ( 2002), Business Law, Vikas Publishing House Pvt. Ltd, Delhi.
P.C. Tulsian (2002), Business Law, Tata Mc. Graw Hill Pvt. Ltd, Delhi.
S S. Gulshan, Business Law, Excel Books, New Delhi, 2006.

Online links http://www.indialawinfo.com/bareacts/soga.html
www.en.wikipedia.org
www.webopedia.com

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