The salient features of company law i.e. The Companies Act, 1956 cannot be described in a few words. It contains the complete procedure for formation of companies, preparation and filing of memorandum and articles of association of the company with the respective Registrar of Companies, pattern of shareholding, Procedure for holding various meetings of the companies, notice and explanatory statements, filing of various returns to various Stock Exchanges, Registrar of Companies, various offences and their penalties etc. etc.
Answered by
subu
at
1:42 PM on January 16, 2008