Corporate law encompasses the rules, regulations, and practices that govern the formation, management, and operation of companies. It provides the legal framework for the creation of businesses and dictates the rights and responsibilities of all parties involved, including founders, shareholders, managers, and employees. This body of law ensures that companies operate within legal boundaries and addresses issues related to corporate governance, compliance, and business conduct. Essentially, corporate law serves as the regulatory backbone for the functioning and management of business entities.
