Company Law has a long history. Company like institutions in India, date back roughly to 800 BCE but certainly during Mouryan Empire (322 BCE to 185 BCE). Of course the corporations were also in existence during Roman times. The company law under British Rule evolved with company law in rest of the common wealth countries.
The book on Company Law:
Corporate law in India is no less complex than any other country governed by Anglo Saxon laws. Parliament of India has enacted a new law called Companies Act, 2013 which has consolidated many previous laws into one code. It also recognizes many institutions which were in existence but were not recognized by previous law of 1956.