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

This book aims to fulfil the requirements of the following students of undergraduate courses in commerce and management:

• B.Com. (Hons.)
• B.Com. (Prog.)
• BBA/BBE of Delhi University
• Various Central Universities throughout India
• CA-Intermediate
• MBA

The Present Publication is the 13^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, including Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023
  • 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
• [Flow Charts] 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
  • B.Com. (Pass) | CBCS | Dec. 2022
  • B.Com. (Hons.) Aug. 2023
  • B.Com. (Pass) | Aug. 2023
• The flow of the book is as follows:
  • The book is divided into 13 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 twelve seek to give a legal framework in which companies operate, which includes:
    • Memorandum & Articles of Association
    • Prospectus including Book Building
    • Shares including Dividends
    • General Meetings
    • Management of Companies
    • Powers of Directors
  • Chapter thirteen contains the concepts and modes of winding up of companies.
• The contents of the book are as follows:
  • Company: Meaning and Features
  • Overview of Administration of Company Law
  • Kinds of Companies
  • Formation of Company
  • Memorandum of Association
  • Articles of Association
  • Prospectus
  • Shares and Share Capital
  • Directors and Key Managerial Personnel
  • Shareholder Meetings
  • Audit
  • Divided Provisions
  • Winding up of Companies