Taxmann CA / CS / CMA Final Company Law and Practice By G.K. Kapoor, Sanjay Dhamija Edition 2025

Company Law & Practice presents a thorough, authoritative, and up-to-date commentary on the Companies Act, 2013, as amended by the Companies (Amendment) Act, 2020. It seamlessly integrates all legislative developments, rules, regulations, circulars, notifications, and leading case laws reported up to 31^st December 2024. Written in an accessible style, the book breaks down complex provisions into understandable segments, making it a valuable resource for anyone seeking to master the intricacies of corporate legislation and compliance in India.

The hallmark of this edition is the perfect blend of theoretical clarity and practical relevance. It covers implementing streamlined e-governance measures, including the Central Processing Centre (for efficient processing of e-forms) and the e-adjudication platform (for transparent disposal of cases). Substantial space is devoted to clarifying significant amendments—such as permission for Indian companies (listed and unlisted) to list on international stock exchanges directly—and the extended scope of Section 233, which now simplifies mergers and amalgamations for foreign holding companies.

This book is helpful for the following:

• Corporate & Legal Practitioners (Company Secretaries, Chartered Accountants, Lawyers, Compliance Officers) looking for day-to-day reference and advanced legal strategies
• Professional Students (CA, CS, CMA, CFA, LL.B., LL.M., M.Com.) seeking an exam-focused guide
• Academicians & Researchers (Faculty, Scholars, Policy Analysts) requiring detailed commentary on emerging corporate regulations
• Entrepreneurs & Directors needing a user-friendly resource to stay compliant with evolving governance norms

The Present Publication is the 28^th Edition | 2025, updated till 31^st December 2025 and amended by the Companies (Amendment) Act 2020. This book is authored by Dr G.K. Kapoor & Dr Sanjay Dhamija, with the following noteworthy features:

Highlights of the 28^th Edition

• Direct Listing on International Exchanges – Comprehensive guidance on how Indian companies can raise capital overseas, including key procedural steps and regulatory clearances
• Applicability of Section 233 to Foreign Holding Companies – Detailed analysis of the extended simplified merger framework, enabling certain foreign corporate groups to consolidate or restructure with ease
• Central Processing Centre & E-Adjudication – Clear explanation of the newly introduced digital platforms for e-forms and case adjudication, highlighting improved efficiency and transparency
• Updated Case Law Database – Incorporates significant judicial pronouncements and tribunal rulings reported up to 31^st December 2024, offering more profound insights into evolving legal interpretations
• Amendments in Rules & Practical Guides – All relevant circulars and notifications released by MCA and SEBI are examined, with practical checklists for swift and accurate compliance
• [Lucid and Comprehensive Analysis] Provisions of company law are presented in an easily digestible format without compromising legal precision, ensuring clarity for both beginners and seasoned experts
• [Extensive Use of Specimen Documents] Invaluable for professionals, this edition includes specimen resolutions, notices, minutes, and other documents to illustrate best-practice drafting
• [Secretarial Practice & Checklists] Offers step-by-step compliance checklists and secretarial practice notes, simplifying procedures like incorporation, board meetings, and filings
• [Concept Summaries and Chapter-End Recaps] Each chapter concludes with a concise summary of the core points, serving as a handy revision or quick-reference tool
• [Practical Insights on Compliance and Risk Management] Addresses day-to-day challenges faced by directors and compliance teams, supporting informed decision-making and minimal risk exposure

The coverage of the book is as follows:

• Companies Act, 2013 and the Companies (Amendment) Act, 2020
• A detailed commentary on all relevant sections, rules, and schedules
• SEBI Regulations and Notifications
• Explores pivotal SEBI guidelines, particularly those affecting capital market disclosures, IPOs, and investor protections
• Significant Case Laws
• Annotations of critical judgments up to 31^st December 2024, providing nuanced legal interpretations
• Practical and Procedural Dimensions
• Insights on how to execute key transactions such as mergers, acquisitions, share transfers, and winding up of companies
• Digital Governance in Corporate Compliance
• Introduces the government’s initiatives for digitizing corporate law compliance, with dedicated sections on the Central Processing Centre and e-adjudication

The structure of the book is as follows:

• Part I | Foundational Framework
• History of Company Legislation, Meaning & Nature of a Company, Kinds of Companies, and Formation & Incorporation
• Lays the groundwork for understanding how company law has evolved and its core principles
• Part II | Corporate Documentation & Capital Management
• Chapters on Memorandum & Articles of Association, Prospectus, Share & Share Capital, Membership, Registers & Returns, and Dividends
• Explains the critical legal documents governing a company’s structure and operations, alongside guidelines for financing and distribution of profits
• Part III | Governance & Compliance
• Topics include Company Management, Company Secretary & Compliance responsibilities, Meetings (Board and General Body), and Accounts & Audit
• Showcases procedural aspects with comprehensive checklists, forms, and specimen documents
• Part IV | Corporate Restructuring & Winding Up
• Detailed sections on Majority Rule & Minority Protection, Mergers & Amalgamations (Section 233 applicability), and Winding Up procedures
• Examines both the theoretical and practical aspects of reorganizing or dissolving a corporate entity
• Part V | Regulatory Bodies & Miscellaneous Provisions
• Concludes with Authorities under the Companies Act, SEBI Regulations, and miscellaneous but critical provisions like Central Processing Centre, E-Adjudication, and Prevention of Oppression & Mismanagement
• Ensures all regulatory and legal frameworks relevant to corporate entities are covered, offering a one-stop reference for practitioners
• Each part contains cross-references to relevant case law, rules, notifications, and practical examples—making it convenient for readers to connect theory with on-ground corporate practices

Sanjay Dhamija

Dr. Sanjay Dhamija currently is Professor and Dean – Academics at the International Management Institute, New Delhi. He is a doctorate in Finance from IMI, Delhi. He is a Fellow Member of the Institute of Company Secretaries of India (FCS) and the Institute of Cost Accountants of India (FCMA). He did his M.Com. from Delhi School of Economics and LL.B. from Delhi University. He is also a Chartered Financial Analyst from ICFAI.