Taxmann's Company Law & Practice Book by G.K. Kapoor, Sanjay Dhamija

Company Law & Practice – A Comprehensive Textbook on the Companies Act 2013 is a definitive, full-spectrum exposition of Indian company law that integrates statutory doctrine with corporate governance practice, regulatory compliance, and procedural execution. The book is a complete academic-cum-practice manual that explains how company law operates as a living legal framework within India's contemporary business and regulatory environment. Now in its 29^th Edition, the work reflects decades of sustained editorial refinement and academic acceptance. It captures the evolution of Indian company law from its historical foundations to its present, enforcement-oriented and governance-driven phase. The text incorporates all amendments, notified rules, regulatory developments, and judicial pronouncements up to 31^st December 2025, and specifically addresses recent reforms aimed at ease of doing business, enhanced corporate governance, expanded thresholds for small companies, fast-track mergers, jurisdictional reorganisation of regulatory authorities, and procedural simplification for capital-raising and compliance.

This book is designed for readers who require conceptual depth combined with operational clarity, including:

• Undergraduate & Postgraduate Students of Commerce, Management, & Law (B.Com., BBA, MBA, M.Com., LL.B., LL.M.), where Company Law is taught as a core paper
• CA, CS, & CMA Students, particularly for papers requiring statutory understanding supported by judicial interpretation and applied problem-solving
• Academicians And Faculty Members seeking a structured, classroom-ready textbook with strong doctrinal coherence
• Company Secretaries, Chartered Accountants, & Cost Accountants involved in corporate compliance, governance, advisory, and secretarial practice
• Corporate Lawyers & In-House Counsel requiring a consolidated reference across the entire lifecycle of a company

The Present Publication is the 29^th Edition | 2026, updated till 31^st December 2025. This book is authored by Dr G.K. Kapoor & Dr Sanjay Dhamija, with the following noteworthy features:

• [Integrated Law and Practice Approach] The book combines statutory provisions with judicial interpretation, regulatory guidance, and applied corporate practice, enabling readers to move seamlessly from legal principles to application
• [Updated Legislative and Regulatory Position] Incorporates amendments, new and amended rules, MCA initiatives, and relevant SEBI governance developments up to 31^st December 2025
• [Judicially Informed Exposition] Case law is embedded contextually within the discussion to clarify statutory meaning and compliance implications, rather than being treated as isolated references
• [Practice-oriented Pedagogy] Includes practical problems with structured hints, exam-oriented questions drawn from CA/CS/CMA examinations, and applied compliance reasoning
• [Specimen Drafting and Secretarial Practice Tools] Provides specimen notices, agendas, explanatory statements, resolutions, and minutes for board meetings, general meetings, and extraordinary general meetings, translating legal requirements into executable corporate documentation
• [Chapter-end Summaries] Each chapter concludes with a concise summary of substantive legal provisions, aiding revision, instruction planning, and exam preparation
• [Comprehensive Indexing] Detailed Section-wise Index and Subject Index enhance statutory navigation and reference usability

The book provides exhaustive coverage of the entire lifecycle of a company under the Companies Act 2013, through 25 systematically arranged chapters, including:

• Historical development of company legislation and foundational concepts
• Meaning, nature, and kinds of companies
• Formation and incorporation procedures
• Memorandum and Articles of Association (including advanced concepts such as entrenchment)
• Prospectus and capital-raising mechanisms
• Acceptance of public deposits
• Share capital, debentures, and corporate financing
• Membership, registers, and statutory returns
• Inter-corporate loans, investments, and borrowings
• Divisible profits and dividend regulation
• Company management and managerial personnel
• Role and responsibilities of Company Secretaries and practising professionals
• General meetings, general body meetings, and board meetings (with procedural detail)
• Accounts, audit, and financial disclosures
• Inspection, inquiry, and investigation
• Majority rule, minority protection, oppression and mismanagement
• Compromises, arrangements, reconstruction, and amalgamation
• Winding up and dissolution
• Authorities under the Companies Act 2013 and miscellaneous provisions
• The coverage extends beyond statutory text to include procedure (e.g., incorporation steps, share transfer procedures, meeting compliance, and documentation checks), thereby positioning the book as both a doctrinal text and a practical guide

The structure of the book is as follows:

• Lifecycle-based Sequencing – Chapters are arranged to mirror the natural progression of a company—from formation and constitution, through financing and governance, to restructuring and winding up
• Layered Learning Design – Each major topic combines explanatory narrative, statutory analysis, exam-oriented questions, practical problems with hints, and specimen documentation where procedural execution is central
• Teaching-friendly and Reference-ready – Clear internal structuring, summaries, and indexing make the book suitable for classroom teaching, self-study, professional reference, and compliance consultation