Primarily intended as a text for undergraduate students of Commerce, this book gives a comprehensive analysis of the legal aspects of corporate and compensation laws.
The book begins with an overview of the nature, kind and formation of a company and different kinds of companies. Then it goes on to give a detailed discussion on Memorandum of Association, Articles of Association and Prospectus. Besides, it enumerates the ways by which one becomes a member of a company, and discusses the legal provisions concerning share capital, shares, dividends, interest and bonus shares. Furthermore, it dwells on company management, meetings and proceedings, and provisions regarding investigation of company affairs, the conduct and consequences of winding up of a company and the concepts of corporate governance and producer company. The book concludes with a discussion on the developments in corporate laws, the Depositories Act, 1996, the Workmen