Corporate law

Company Law helps companies with various regulations in the business. The objective is to increase the profitability. It helps in right taxation procedures, availing the tax benefits and maintaining the reputation of a company. In short corporate law is not Private Law but is a component of Public Law. Career scope includes corporate governance, ensuring transparency, accountability and fairness for stakeholders. 

Company Law covers the entire system legal aspects related to its formation, operation, governance and dissolution.

• Company Law defines and regulates public, private companies, limited liability partnerships, and NGOs.
• Career roles are - registering a company, including drafting of Memorandum of Association (MOA) and Articles of Association (AOA), obtaining important approvals, and fulfilling other legal formalities.
• Company Lawyers also define the roles of the directors, officers and other key management

With a structured approach you can learn about Company Law from the basics. Suggestions to prepare for Company Law are mentioned below -

• Begin with the fundamental principles.
• Familiarise yourself with essential terms.
• Grasp the Companies Act and other relevant regulations.
• You can divide the vast syllabus into manageable sections.
• You can also study case laws.

Company Law in LLB course, is basically a speicialisation that focus on company and business's legal framework, covering variety of roles and responsibilities, such as shareholder's rights and protection, borrowing and lending, mergers and acquisitions. 

You can choose LLM, advanced Diploma or executive programs that focuses on areas like corporate governance, M&A, or insolvency. Moreover, candidate without law background can look for introductory courses, and certificates that can help them to build solid foundation on Company Law. 

Yes, definitely LLM in Company Law graduates can apply in TCS at various legal positions such as, legal officer, compliance officer, and contract manager. For application you can regularly visit the TCS careers portal for open positions. 

You can get the Distance Diploma in Corporate Law from ILS Law College, Pune. There is a graduation eligibility as well as a professional one that accepts entry from second-year students and above. The subjects studied include Company Law, the Insolvency and Bankruptcy Code, SEBI regulations, and IP laws. This course is approximately 70 hours long and usually is taken through live online. The fees are around Rs. 20,000, inclusive of GST. On completion of the course, you will receive a certificate. For more details, you can contact the coordinators or register through ILS's official portal.

Company law serves several vital purposes for companies and their stakeholders. Some are mentioned below -

Investors and Shareholders: Company law protects the rights of a company's fundraisers and shareholders as the law defines the manner in which businesses shall obtain their capital, operate their funds.

Fair Competition: Company law ensures measures of fair competition.

Compliance and Accountability: Company law helps to regulate the legal processes of the companies.

Hope this clears your doubt.

The major focus of company law is to deal with specific rules regarding Shareholder rights, director responsibilities, financial reporting, company structure.

The major focus of company law is to deal with specific rules regarding - Mergers & Acquisitions (M&A), securities regulations, public finance, economic laws.