A company is an entity formed by a group of individuals that has a separate legal existence from that of the members who comprise it. It is a legal fiction that is created by virtue of the Companies Act, 1956. A Company is generally formed with an underlying objective of earning profits and can either be public or private. The former issues equity to shareholders on an exchange, while the latter is privately owned and not regulated.
The various types of matters included under Company law are; Lifting of Corporate Veil, Memorandum and Articles of Association of a Company, Doctrine of Ultra Vires, Issue of Shares, etc.