LMP’s Basic Concepts of Company & Its Structure – Edition 2026 is a foundational guide designed to simplify and explain the essential principles of company law and corporate structure in India. The book presents complex legal provisions in a reader-friendly format, making it highly suitable for academic and professional use.

Understanding the concept of a company, its legal identity, and its structural framework is crucial for anyone studying corporate law or entering the business and compliance domain. This edition systematically covers:

• Meaning and characteristics of a company

• Types of companies under Indian law

• Incorporation and formation process

• Memorandum of Association (MOA)

• Articles of Association (AOA)

• Share capital and shareholding structure

• Directors and key managerial personnel

• Corporate governance fundamentals

• Duties and liabilities of officers

• Basic compliance requirements

The 2026 Edition incorporates updated provisions, practical illustrations, and simplified explanations aligned with current company law practices in India. It provides conceptual clarity supported by examples, charts, and structured explanations for better understanding.

This book is particularly beneficial for:

• Law and commerce students

• CS, CA, CMA aspirants

• MBA and business management students

• Company secretarial trainees

• Entrepreneurs and startup founders

• Professionals entering the corporate compliance field

With its logical arrangement and easy-to-understand language, this book serves as a strong foundation for advanced study in company law and corporate governance.