This book is a University Grants Commission (UGC) recommended, updated, comprehensive & authentic textbook on ‘Corporate Laws‘. This book aims to familiarize the students with an understanding of the Companies Act, 2013 & Depositories Act, 1996 by providing the convoluted legal provisions in a more simplified and concise manner.

This book aims to fulfil the requirements of students of undergraduate courses in commerce and management, particularly B.Com. (Hons.) under the Choice Based Credit System Programme (CBCS), B.Com. (Programme), BBA, MBA, BBE of Delhi University & other universities. The students of IPCC & MBA would also find this book equally helpful.

The Present Publication is the 11^th Edition, authored by Prof. Anil Kumar, with the following noteworthy features:

• [Updated & Amended] This book incorporates amendments introduced by the following:
  • Companies (Amendment) Act, 2020
  • Companies (Amendment) Act, 2018
  • Amendments to relevant Rules under the Companies Act, 2013 & provisions of the Insolvency and Bankruptcy Code, 2016, as applicable to companies
• [Case Laws & Illustrations] have been incorporated at appropriate places to enable easy comprehension for students.
• [Flowcharts] have been incorporated to provide a bird’s eye view of the legal process
• [Examination Questions & Case Problems] are given at the end of each chapter to enhance the utility of this book for the students preparing for their semester examinations.
• [Coverage of Past Examination Questions] is as follows:
  • B.Com. (Hons.) Paper – May-June 2016
  • B.Com. (Hons.) CBCS Paper – May 2017
  • B.Com. (Hons.) CBCS Paper – May 2018
  • B.Com. (Hons.) CBCS Paper – May 2019
• The flow of the book is as follows:
  • The book is divided into 15 chapters
  • The first three chapters introduce the basic concepts, administration of the law and kinds of companies
  • Chapter four outlines the steps to float a company
  • Subsequent chapters from five to eleven seek to give a legal framework in which companies operate, viz. memorandum & articles of association, prospectus including book building, share including dividends, general meets, management of companies and powers of directors.
  • Chapter fourteen contains the concepts and modes of winding up of companies.
  • The Depositories Act is covered in chapter fifteen
• The contents of the book are as follows:
  • Company: Meaning and Features
  • Administration of Company Law
  • Kinds of Companies
  • Formation of Company
  • Memorandum of Association
  • Articles of Association
  • Prospectus
  • Shares and Share Capital
  • Members and Shareholders
  • Directors and Key Managerial Personnel
  • Shareholder Meetings
  • Audit
  • Divided Provisions
  • Winding up of Companies
  • The Depository System