The document discusses humic substances, their formation, nature, and properties. It describes humic substances as highly colloidal and amorphous natural organic matter with a large surface area and adsorptive capacity. Humic substances improve soil properties like structure, water retention and buffering capacity. Their formation is a complex biochemical process carried out by soil microorganisms. Different theories are presented to explain humus formation from plant and animal residues. Clay-humus complexes are also discussed, along with the processes of mineralization and immobilization of nitrogen in soil.