Taxmann Company Law By Rajni Jagota 5th Edition January 26

Company Law By Rajni Jagota 5th Edition January 26

Company Law By Rajni Jagota 5th Edition January 26

The Present Publication is the 5^th 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