The book is the outcome of the authors' long experience of teaching business law and company law to students pursuing undergraduate and postgraduate courses at the University of Delhi. This, in fact, has made it possible for them to write on law without the use of legal jargon; thus ensuring that even the most complicated provisions of various legislations are explained in an easily comprehensible manner.This new edition of the book has been thoroughly updated and revised in accordance with the Companies Act, 2013. The amendments introduced by the Insolvency and Bankruptcy Code, 2016, through its Eleventh Schedule to the Companies Act, 2013 have also been duly incorporated.

Content - 1 1. Issue, Forfeiture and Reissue of Shares, 2. Bonus Shares 2 (A) Issue of Right Share 2 (B) Buy Back of Share 2 (C) Employees Stock Option Plan (ESOP), 3. Redemption of Preference Share 4. Issue of Debenture 5. Redemption of Debenture 6. Final Accounts of Companies or Financial Statement of Company 7. Accounting for Amalgamation of Companies as per A.S.-14, 8. Accounting for Reconstruction 9. Liquidation or Winding-up of a Company (based on Insolvency and Bankruptcy Code 2016) 10. Consolidated Balance Sheet of Holding Company 11. Profit or Loss Prior to and After Incorporation 12. Accounts of Banking Companies 13. Double Account System Including Electricity Supply Companies 14. Annual Accounts of Life Insurance Company 15. Accounts of General Insurance Companies, Examination Question Paper. Syllabus - Unit 1 - Accounting for Share Capital, Issue of Shares, Forfeiture and Reissue of Forfeited Shares, Issue of Bonus Shares, Right Issues, Employee Stock Option Plan and Buy back of Shares, Redemption of Preferences Shares, Accounting for Debenture Issue and Redemption of Debentures. Unit II - Financial Statement of Company, Profit or Loss Prior to Incorporation. Unit III - Accounting for Amalgamation and Reconstruction. Unit IV - Holding Company Accounts : Preparation of Consolidated Balance Sheet., Winding up of Companies (Voluntary Only). Unit V - Accounting for Banking Companies, Accounting for Insurance Companies, Double Accounts System : Concept and Special Features, Preparation of Revenue Account, Net Revenue Account, Capital Account and General Balance Sheet.