Why is Company Law relevant and what does not work?
#1 Company law is omnipresent
If you are employed with a law firm, many of your employer’s clients or customers are likely to be companies or if they are not, they are likely to come and ask your employing law firm whether it makes sense for them to be incorporating a company.
If you become employed in-house, your employer will be a company. It is highly likely that some day or other they will need advice or assistance or some or other work done as a company. In such a scenario, if you aren’t aware of the basic concepts of the Companies Act, it is highly unlikely that you will be able to deal with their query. In such circumstances, time is inevitably short. You will not be given days on end to research and respond to the requests.
#2 Work for other laws often turns out to be interconnected with Company law
Whatever law you take up as your specialisation at a later stage, at some point, it will turn out to be connected to how the business is functioning as a company.
Just think of this: you are involved in and working on a litigation for a breach of contract for an employer or client. Out of the blue, the opposing counsel simply brings out the point that the contract in question was not signed by someone appropriately authorised on behalf of the company and that therefore, it is not valid in the first place.
Also think of this: you approach the bank for a loan and the bank tells you that as per their checklist, a shareholders resolution is required for availing the loan. You don’t know whether their claim is correct if you are not aware of the relevant section of the Companies Act.
#3 Self research does not work
Now in order to learn the required elements of company law, you tried to sit with the ‘volumes’ of the bare Companies Act, till the point that you began to hate the sight of the sections. You scrounged through loads of online articles, only to land with more concepts that you did not get.
#4 Learning from internships does not come easy
You believe that you will now learn this from your internships, like you were always told before. The problem with internships again, is that no one has the time and energy to sit you down and explain you the concepts and how they are linked. If you learn by working on real assignments and if there is an error, it can become quite embarrassing.
Our 5 step method to enable you to get the complete hang of company law matters:
You need to understand the difference between equity, preference and convertible instruments in order to understand exactly what happens in private placement transactions. You also need to understand the difference between what a preferential allotment is and what a private placement is.
In the absence of these basics, you will be contributing to drafting or formatting a shareholders agreement without understanding what exactly the transaction is.
When you understand these underlying concepts, you will be able to make a full puzzle out of the pieces.
Is a lawyer’s role simply drafting the documents as required on the basis of the terms provided?
Would you be better off advising a client before he finalises the terms as to the pros and cons of his choices?
Which type of lawyer would be paid higher? One who simply drafts the documents on the basis of the terms provided or one who advises the entrepreneur on the choices available and offers him an option?
It is highly unlikely that you are provided individual line-by-line feedback on your work in a college.
And yet, that is one of the most important things when you are looking to gain a solid ground in the fundamentals for company law.
If you get the precise guidance on how to improve your identification of strategies and improve your drafting, would you benefit more and be better prepared to deal with interviews?
This one thing can equip you with the much required understanding of what are the areas you need to work on, in order to differentiate yourself from the hundreds of other students who are applying for internships or jobs.
What use are your skills if no one even knows that you exist? Unless you showcase your skills, it is very difficult that people will be aware that you possess the skills and move towards offering you a job or an internship.
We will also guide you on how to showcase the skills you have acquired through these courses, so that you can develop a network and demonstrate your skills to this network.
Once you have done some focussed skill-acquisition on company law, it is time to seek out opportunities!
You will have access to placement assistance from our placement cell for obtaining internships. They had successfully guided 50 law students in securing internships in under two months of lockdown!
Please note that we are offering support from our placement cell. Actual internships and placements are not guaranteed, and a lot depends upon your own effort.
You will need to complete all the course work to be eligible for support from our placement cell. You may be asked to acquire additional expertise as well on a subject, or expand your portfolio of work, to ensure that your applications are appropriately customized for the firms that you want to work at.
In some cases, the placement cell may advise you to improve upon basics, such as written English or grammar.
Money-back guarantee
If you take this course, follow it diligently for a month, do all the exercises on time but still do not find value in it we will refund the entire course fee to you. Please refer to our refund policy for more details.
Note: This is an introductory course, meant for law students who want to get started with basics.
Lawyers and other advanced learners are recommended to refer to our more advanced Diplomas or Executive Certificate courses (listed here) pertaining to their area of interest.
class
Class 1: Investment transactions and alteration of constitution documents
Exercises:
Exercise on drafting clauses of a shareholders agreement
Exercise on redlining articles of association pursuant to an investment transaction
Class 2: Role of Directors in a company and meaning of Related Party Transactions
Exercise:
Exercise on appointments, powers, and liabilities of Directors
Exercise on related party transactions
Class 3: Inter-corporate loans and compliance in relation to charges
Exercise:
Exercise on advising inter-corporate loans
Exercise on compliance in relation to charges
Class 4: Share Transfer and buyback of shares
Exercise:
Exercise on advising the steps to be taken to transfer the shares and drafting of a Board Resolution approving the transfer of shares
Exercising on strategy and procedure for buyback of shares
Course Plan
Above prices are inclusive of all applicable taxes and charges.
Standard
RS. 30000
incl. of all charges
View details
INR 3,000 (inclusive of all costs) Course Duration: 1 month
Access to study materials: 3 months
Class frequency: Once per week
Class duration: 1 - 1.5 hours
Class timing range :8-9 pm on weekdays or Saturdays, or on Sundays
Online faculty
Komal Shah
Co-Founder and Content Head, Lawsikho, former in-house counsel and company secretary with over a decade of experience in securities, funds and capital markets
Note:
This is an indicative list of our guest faculty members and not an exhaustive list. We may change the faculty members at any point based on availability.
