Reforms in Company Law in India and its Effect to Post Colonial India

The term ‘company laws’ can be expressed by the laws and rules that govern companies and their administration. Companies have played a significant role in developing the finance, infrastructure and industrial sector. (Dr Usha, Company law Reforms in India- An Overview).So, it becomes important to have some laws to regulate them. As, it directly affects the nation in so many ways. As a consequence of deregulation and the company law's procedural simplification, post-reform corporate India has seen tremendous growth and expansion.(J.P.Sharma, An easy approach to company and compensation Laws).This paper analyses the reforms and change in chronological order that impacted a huge role in post-independence India.