Corporate law

Anyone studying law or is about to study law can study Corporate Law. To study a three-year or five-year law course, candidates must ensure that they have completed Class 12th from a recognised board and have cleared entrance examinations such as CLAT, AILET etc. Similarly, those who wish to pursue Corporate Law at the postgraduate level can pursue it after completing LLB/integrated LLB from a recognised university. 

The Corporate Law is a specialized subset of business law. It teaches candidates about the legalities that govern businesses. Basically, it entails the rights of employees, consumers, and stakeholders. Hence, this course covers everything that is required to manage an established business and corporate ethically. 

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.