Angular Momentum:

The angular momentum of a particle about a fixed point is defined by the moment of linear momentum of the particle about that fixed point.
If \vec{r} be the position vector of a particle of mass m with respect to the fixed point O and \vec{p} be the linear momentum of that particle then, the angular momentum is defined by,
\vec{L}=\vec{r}\times\vec{p}\tag{1}
If the particle is moving with the velocity \vec{v} , then the linear momentum \vec{p}=m\vec{v} . So the equation (1) will be,
\vec{L}=\vec{r}\times{m\vec{v}}\tag{2}
The direction of \vec{L} is perpendicular to the plane containing \vec{r} and \vec{v} or \vec{p} , according to the rule of right hand screw for the cross product of two vectors.

Let us consider particle of mass m moves in a circular path of radius r with angular velocity \omega , so we can write that the linear velocity v=r\omega . The angular momentum \vec{L}=\vec{r}\times{m\vec{v}} .
So the magnitude of angular momentum is
|\vec{L}|=rmv=rm(r\omega)\\=mr^2\frac{d\theta}{dt}\\=mr^2\dot{\theta} ,
where \theta is the angular displacement.
Torque:

Let us consider \vec{F} be the force acting on a particle of mass m at the point O_1 , whose position vector is r with respect to the origin O .
Now the torque acting on this particle about the origin O is defined as
\vec{\tau}=\vec{r}\times\vec{F}
The direction of the torque is normal to the plane containing \vec{r} and \vec{F} , according to the right hand screw rule for the cross product of two vectors.