Corporate Law is also known and often called Business law, Enterprise Law, or Company law. Corporate law regulates the formation of Corporations and companies and their functions, duties, and laws. Corporate law is meant for making business easier.
In corporate law, a person has limited liabilities, it can be understood with this example that if you have invested a certain amount in the corporate or you have a certain amount of shares. Your liability is limited to your shares or investment, it has nothing to do with your personal assets unless and until you specifically give a personal guarantee.
Corporate law has defined the functions /appointment of Directors/ Board of Directors / Meetings (annual General Meetings/ General Meetings) Record of Minutes etc.