Company Law

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Mar 13, 2023 19:31PM IST

About Company Law

Company Law is a popular law specialisation in India that is offered under various degrees. It is also known as Corporate Law, Enterprise Law or Business Law in some colleges but varies from these three specialisations in terms of the syllabus. Company Law is legislation that is concerned with the creation, governance and operation of companies and the related rules, regulations, laws and practices.

In simple terms, Company Law addresses all the legal issues that are faced by an organisation or a company. Someone who practices Company Law is the official legal face of the organisations and looks after all the cases and suits someone files against the company or those that the company needs to file against others.

Company Law helps the companies in complying with various regulations in the business environment and in ideal cases, increases the profitability of a company by following the right taxation procedures, availing the tax benefits, and maintaining the reputation of the company.

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Highlights of Company Law Courses

All the important highlights of Company Law have been mentioned in the table given below.

Course Name

Company Law

Course Stream

Law

Levels of Programme Offered

Certificate, Diploma, Undergraduate, and Postgraduate

Course Mode

Regular, Full-Time

Course Duration

10 Months - 5 Years

Exam Type

Semester-wise

Eligibility Criteria

Depends on the Course

Admission Process

Entrance Exam Based or Merit Based

Skills Required

Confidence, Fluency in Speech, Clarity in Speech, Persuasion, Unbiasedness, Communication, Interest in Technology, Research, Observation, Eye to Details

Fee Range

Rs. 30,000/- to Rs. 4,08,000/-

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Company Law Eligibility Criteria

The eligibility criteria of Company Law courses depend entirely on the programme in which the candidate seeks admission. Mentioned below are the basic eligibility criteria that need to be satisfied for pursuing a Company Law course.

  • In order to pursue a certificate or a diploma level programme in Company Law, candidates will have to complete class 12 from a recognised board of education.

  • Many students opt for an integrated undergraduate degree in law to study Company Law. For this, it is of utmost importance for the candidate to have qualified class 12 or it's equivalent from a recognised board of education with at least 45-50% marks in aggregate.

  • If a candidate aspires to enroll in a postgraduate law course to get a specialisation in Company Law, he/ she must have completed a three or five-year LL.B from a recognised law university or institute. The aggregate marks scored in the UG degree must be at least 50-55%. 

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Company Law Admission Process

The admission process of Company Law depends upon several factors, two of them being the programme in which the candidate seeks admission and the college he/ she desires. Different colleges adopt different methods to shortlist applicants for their Company Law programmes. The most common modes of admission have been listed below.

  • Many colleges and universities conduct separate entrance exams to check the aptitude and skills of the aspirants. Students are shortlisted based on the institute level exam.

  • There are several la colleges that accept the scores of national-level or state-level law entrance exams to offer admission.

  • Students are also offered seats for admission based on merit in the qualifying examination. Applicants with a higher score have more chances of getting admission in the desired course.

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Company Law Syllabus

The syllabus of Company Law varies from college to college and depends entirely upon the degree which the candidate is pursuing. The general topics covered in a Company Law course have been listed below.

The Companies Act, 1956 Industries Development and Regulation Act, 1951
The Emblems & Names (prevention of improper use) Act, 1950 The Securities Contract Regulation Act, 1956
Depositories Act, 1996 Securities and Exchange Board of India Act, 1992
Formation and Structure of Companies Company Transactions
Corporate Governance Corporate Finance
Powers of the Company and its Stakeholders Laws Governing Securities and Security Holders
Corporate Restructuring Accounting and Auditing
Mergers and Acquisition Company Meetings, Resolutions and Transactions
Liquidating the Company Board of Directors - Structure, Qualification and Disqualification, Duties of the Director
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Career Options and Job Prospects After Company Law

Company Law is a specialisation that is relevant as well as important in almost all the sectors of the industry. The job prospects available after completing a degree in Company Law are innumerable. Some of the most popular and sought after career options after Company Law have been listed below.

  • Company Secretary
  • Legal Compliance
  • Corporate Governance Jobs
  • Regulatory Affairs
  • Associate Advocate
  • Legal Counsel
  • Legal Advisor
  • Accounts and Finance Head
  • Corporate Lawyer
  • Professor
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FAQs about Company Law

What is the fees of a Company Law course?

The fees of a Company Law course depends upon the college and degree which you pursue. It ranges between Rs. 40,000 to Rs. 5 lacs for the whole degree.

Can I become a Corporate Lawyer after pursuing Company Law?

Yes, Corporate Lawyer is one of the most sought after career options of candidates who study Company Law.

Can I pursue a diploma in Company Law?

Yes, diploma programmes in Company Law are offered by many reputed law colleges. You can secure admission to the programme if you meet the eligibility criteria?

What is the duration of a Company Law course?

The duration of a Company Law course depends upon the degree in which you seek admission. The UG degrees are 3-5 years long whereas the PG degree is of 2 years.

Which entrance exams are conducted for Company Law admissions?

The top law colleges in India accept several national/ state/ institute level entrance exams for shortlisting candidates for Company Law. The most popular entrance exams include CLAT, SLAT, LSAT India, AP LAWCET, AP PGLCET, etc.

How can I specialise in Company Law?

In order to specialise in Company Law at the postgraduate level, you must have a bachelor degree in law from a recognised institute.

In which degree is Company Law taught?

The specailsiation of Company Law is generally opted for in the LL.M degree but UG degrees such as BA LL.B, LL.B etc also cover the basic overview of the subject.

What is Company Law?

Company Law is a popular law specialisation that deals with the study of legal aspects of a company or an organisation.
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Related Questions

A

Anmol Arora, Content Team

-Answered on Sept-24-2024

Dear Student.

The books to study for BA LLB first year, specifically first semester, depend upon the subjects offered by the institute under the course during the first semester which varies as per the institution. Most probably the course subjects offered in the first semester include subjects like English, Political Science, History, Economics, Law of Contract, Law of Crimes etc. The books required to study the subjects include Ajit Prakashan’s English for Law for BA LLB and LLB Students by Anmol Rahatekar, Ajit Prakashan’s General Principles of Economics, Ajit Prakashan’s General Principles of Political Science etc. Students are recommended to study from the updated versions of these books, moreover, they should also take help from the Internet and YouTube videos to develop comprehensive understanding.

A

Anmol Arora, Content Team

-Answered on Sept-24-2024

Dear Student,

If we look at the placement percentage of BHU Varanasi for BA LLB for the year 2022-2023, then it was around 40%. Almost 50% of the students opted to go for self practice and around 30% students opted for higher studies. Looking at the recent previous record, it can be concluded that the placement percentage of BHU Varanasi for BA LLB for the year 2023-2024 will be around 45%. Candidates are recommended to score well during the semester and final exams, to take part in various activities such as moot courts, paper presentations, social welfare etc and to ensure that their internship has been completed from a reputed organization in order to increase their chances of getting a good opportunity during the placement season.

A

Avtar, Student / Alumni

-Answered on Sept-17-2024
I am not quite aware of B.Com LLB available in the Khalsa College of Law, Amritsar but as per my knowledge, I must say that the LPU caters to the all-round development of its students and nurtures it with care to boost the career to a pinnacle of ultimate success which might be the envy of many. 2.LPU School of Law, approved by Bar Council of India was established with a view to cater to the requirements of the legal profession. Students from across the globe are being groomed here for a bright professional career by providing quality education giving equal importance to the theory as well as practical approach to hone the professional skills of advocacy. The School takes pride in its alumni who have made their mark as judicial officers, legal practitioners and corporate advisors and civil servants. 3.LPU offers BA LLB, B.com LLB, BBA LLB, LLM. 4.The Curriculum bench-marked against premier law schools. Practical training with Lawyers as part of the curriculum. Regular interactions with eminent Jurists and well known Academicians in the field of law is done .Case studies, Moot Courts, Seminars, Workshops and Mock Trials (Civil and Criminal).are conducted. Mock trials (Civil and Criminal) are being conducted in the similar manner as that of court proceedings. Guest lectures by the industrial experts (senior counsels or partners of reputed law firms) enlightens. 5.Papers are designed on CBCS (Choice based Credit System) where in a student will learn what he wants. Internships of students with Judicial Officers, NGOs and Legal Practitioners. Exposure through field Visits to Courts, State Commissions, NGOs, etc. is undertaken. 6. Extensive scholarships are awarded including covid scholarship. 7. Students are provided 20 week internships in case of five year program and 12 weeks internships in case of 3 years program. 8. International students are studying Law in LPU because the basic laws are UK based and are same all over. Commonwealth countries too, follow the same penal code all over the world 7.LPU students intern in reputed law firms and under High Court judges of different states. Managing Partner, Key Claws Pvt Ltd Firm MS Srivastava certified many students. Special career counseling led by industry experts and members of academia is held for students who register for placements . 8. Achievements: In the AIU Patiala Moot Competition, LPU emerged as the winner. Students have received Client Counseling prizes. Students work with DLSA as volunteers for RT filing .Students completed their internship with Jalandhar Police Commissionerate and learnt vital aspects of the handling of sensitive cases by police. Policing posits host of challenges to the police personnel who have to strike a balance between competing values of individual freedom and establishment of peace. salience of weapon handling, an undertaking of patrolling and surveillance tasks, resolving of general law and order issues by police as part of the duty are taught to students.. Students trained under Mr Gautam Singhal (ADCP, Jalandhar, Punjab Police) Students interned in reputed law firms and under High Court judges of different states. Managing Partner, Key Claws Pvt Ltd Firm MS Srivastava certified many students. Workshop for Students going for internships is conducted for 7 days to meet with the industry requirements. Pre-Internship interviews and internship drives are held Browse the website for details.