This article covers the chemistry of corroles, tetrapyrrole macrocycles having relevance with biologically relevant corrin ring of vitamin B12. Corroles are 18π electron aromatic systems like porphyrin. Despite few similarities, corroles have some major differences with porphyrin. Unlike porphyrin, which is dianionic in nature, the inner N4 coordination core of corroles consists of three amino nitrogens and one imino nitrogen, and thus corroles act as trianionic chelating ligands. Corroles are more acidic than porphyrin. As the corrole core is more compressed than porphyrin, the inner π system is more electron rich. Thus, it can stabilize higher oxidation states of metals. Various interesting spectroscopic properties and wide range of applications make corrole one of the most intriguing macrocycles in the porphyrinoid chemistry.