Company Law By Rajni Jagota 5th Edition January 26

Company Law By Rajni Jagota 5th Edition January 26

The Present Publication is the 5th Edition | 2026 (based on the National Education Policy [NEP]), authored by Dr Rajni Jagota, with the following noteworthy features:

• [NEP-aligned, Outcome-Based Learning Architecture]
• [Integrated Treatment of Statute, Rules, and Regulatory Practice]
• [Updated for Contemporary Corporate Governance (2025–26)]
• [Strong Procedural and Compliance Orientation]
• [Pedagogical Enrichment and Learning Aids]

The book is divided into five logically sequenced units, covering the entire lifecycle of a company:

• Unit I – Introduction | Establishes foundational understanding through:
  • Nature and characteristics of a company
  • Evolution and administration of company law
  • Doctrine of corporate personality and lifting of the corporate veil,
  • Classification of companies (private, public, government, foreign, OPC, small, dormant, producer, etc.)
  • Associations not for not-for-profit and illegal associations
  • This unit lays the conceptual groundwork essential for advanced study
• Unit II – Formation and Incorporation Documents | Provides a detailed exposition of:
  • Promoters and pre-incorporation contracts
  • Online incorporation process through SPICe+
  • Memorandum and Articles of Association and their alteration
  • Doctrines of ultra vires, constructive notice, and indoor management
  • The unit is robust in explaining digital incorporation workflows, statutory documentation, and compliance checkpoints, making it highly relevant to modern corporate practice
• Unit III – Share Capital | Covers capital-raising mechanisms and securities law interfaces, including:
  • Prospectus and types of prospectus
  • Misstatement and liabilities
  • Book-building process
  • Issue, allotment, calls, forfeiture, transfer and transmission of shares,
  • ESOPs, bonus issues, buy-back, and dematerialisation
  • This unit integrates statutory provisions with practical capital market processes
• Unit IV – Management and Meetings | Addresses corporate governance and decision-making through:
  • Directors and their legal position, duties, and liabilities
  • DIN and KMP framework
  • Board meetings and shareholders’ meetings (AGM/EGM)
  • Resolutions, postal ballot, e-voting, and virtual meeting mechanisms
  • The unit reflects evolving governance norms and technological integration
• Unit V – Dividends, Audit and Winding Up | Explains:
  • Declaration and payment of dividends
  • Statutory and secretarial audit
  • Auditor appointment, rotation, and removal
  • Winding up under the Companies Act
  • Interface with the Insolvency and Bankruptcy Code 2016, including MSME-specific mechanisms
  • This unit completes the lifecycle approach, linking corporate closure with insolvency law