# Definition of a Company — Section 2(20)
## Statutory Definition
As per Section 2(20) of the Companies Act, 2013:
> 'Company' means a company incorporated under the Companies Act, 2013 or under any of the previous laws relating to companies.
## Breaking Down the Definition
A company can be:
- A company incorporated under the current Act (2013), OR
- A company incorporated under a previous company law (e.g., Companies Act, 1956)
## Why This Matters
The definition ensures continuity — companies incorporated before 2013 continue to be treated as 'companies' under the new Act without re-registration.
## Memory Tip
Think of Section 2(20) as the 'umbrella definition' — it covers both new and old companies under one roof.