To start with "THE COMPANIES ACT 1956" . The companies in India are governed and regulated by the 'Companies Act 1956'. CORPORATE LAWS includes companies act. For every act of/by the company, the law consists of many provisions governing it.
Thus starting from a company's formation , incorporation , its membership , financial arrangements, validity of business , its winding up (closure of company), there is a provision in this act. The law relates to each of these facts about a company and much more such as appointment of directors , meetings of company.
Companies act came into force from April 1956. It was enacted by the parliament in the Sixth Year of the Republic of India . It extends to the whole of the India .These provisions are for both internal and external management of the company.
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