Why is the Company Law important for a company?

<p><span aria-haspopup="dialog" aria-expanded="false" aria-controls="radix-:r7:" data-state="closed">Company law serves several vital purposes for companies and their stakeholders. Some are mentioned below -</span></p><p><span aria-haspopup="dialog" aria-expanded="false" aria-controls="radix-:r9:" data-state="closed"><strong>Investors and Shareholders: </strong>Company law protects the rights of a company’s fundraisers and shareholders as the law defines the manner in which businesses shall obtain their capital, operate their funds.</span><br><br><span aria-haspopup="dialog" aria-expanded="false" aria-controls="radix-:ra:" data-state="closed"><strong>Fair Competition:&nbsp;</strong>Company law ensures measures of fair competition.</span><br><br><span aria-haspopup="dialog" aria-expanded="false" aria-controls="radix-:rb:" data-state="closed"><strong>Compliance and Accountability:&nbsp;</strong>Company law helps to regulate the legal processes of the companies.</span></p><p><span aria-haspopup="dialog" aria-expanded="false" aria-controls="radix-:rb:" data-state="closed">Hope this clears your doubt.</span></p>

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