Company laws: in general, are the types of legal provisions that dictate the legal framework in forming, running, or dissolving a company. Such legal provision defines the functioning environment of the businesses and guarantees transparency, accountability, and just practices among firms.
Important Features of Company Laws:
Formation/Incorporation: The formation or incorporation procedure of a firm, which includes all required documentation or procedures.
Types of Companies: Private limited, public limited, OPC, and LLP are the many types, and each has its own set of rules and regulations.
Corporate Governance: Rules and practices under which the company operates-the modes of accountability and transparency.
Financial Reporting: The statutory requirement for companies to prepare and disclose financial statements. This may include balance sheets, income statements, and cash flow statements.
Shareholder Rights: The rights of the shareholders incorporate voting rights, dividend rights, and being given a right in the company decisions.
Directors’ Liability: The responsibility and liabilities of the directors managing a company.
Winding up: This includes dissolving a company through the process of liquidation and distribution of assets.
Importance of Company Laws:
Protection for Investors: The company laws protect the interest of investors by giving full transparency and accountability.
They enable business through provision of legal framework for running of businesses to smooth and efficient operations.
They contribute to the development of the economy by providing a business-friendly environment.
They govern corporate behavior, curb unethical practices, and ensure companies conduct ethical operations
Some of the Important Company Laws in India are as Follows: 

Companies Act 2013: It refers to the principal legislation governing both formation, operation as well as its dissolution in India.
LLP Act, 2008: It established the rule and regulation through which a Limited Liability Partnership can be formed and operated.
EFMA, 1999: These regulations were made to control foreign exchange and foreign investments in India.
Securities and Exchange Board of India (SEBI) Regulations: The board was created to govern all securities-related activities, including stock exchanges, mutual funds, and takeovers in the country.