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Module Specifications

Archived Version 2020 - 2021

Module Title Company Law 1
Module Code LG235
School School of Law & Government

Online Module Resources

NFQ level 8 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None

This module will consider the legal basis for the formation and governance of companies under Irish law. The first half of the module will consider the nature and consequences of incorporation and the management of the company’s affairs by the directors. The second half of the module will focus on corporate governance issues including directors’ duties, the role of the auditor and the mechanisms through which shareholders can assert and defend their rights.

Learning Outcomes

1. Identify the processes by which a business can be incorporated in Ireland and enumerate the legal consequences which flow from incorporation.
2. Identify the powers, duties and responsibilities attaching to directorships and apply this knowledge in order to provide appropriate solutions and advice to common problems.
3. Delineate the role and function of the auditor and explain the difficulties associated with auditors’ liabilities
4. Evaluate the economic and social justifications for the recognition of the corporate form.

Workload Full-time hours per semester
Type Hours Description
Lecture24No Description
Tutorial3No Description
Independent Study98No Description
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Introduction to the legal theory of the corporation

Incorporation under the Companies Act 2014

Separate legal personality, the rule in Salomon’s Case and the consequences of incorporation

The constitution of the private company

Corporate capacity and transactions by corporate agents

Management by the directors and Model Regulation 40

The common law, fiduciary and statutory duties of directors

Shareholders’ remedies, the rule in Foss v Harbottle and the statutory remedies for oppression

Accounting and audit requirements, the position, powers and function of the auditors, liability of the auditor to the company and to third parties

Assessment Breakdown
Continuous Assessment100% Examination Weight0%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Reassessment Requirement
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
Indicative Reading List

  • Thomas Courtney: 2016, The Law of Companies, 4th edition, 9781780438405
  • Brian Hutchinson: 2016, Keane on Company Law, 5th, 9781780435428
  • Reinier Kraakman, John Armour, Paul Davies, Luca Enriques, Henry B. Hansmann, Gérard Hertig, Klaus J. Hopt, Hideki Kanda, Edward B. Rock,: 0, The Anatomy of Corporate Law, 2nd, OUP, 978-0199565849
  • Deidre Ahern: 2009, Directors' Duties: Law and Practice, Roundhall, 9781858005416
Other Resources

Programme or List of Programmes
BAJLBachelor of Arts (BAJL)
BAJPBachelor of Arts (BAJP)
BCLBCL (Law and Society)
BSSAOStudy Abroad (DCU Business School)
HMSAStudy Abroad (Humanities & Soc Science)
HMSAOStudy Abroad (Humanities & Soc Science)