Company Law Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope
Degrees offered: L.L.M, B.Com(Hons), L.L.B, M.Sc.
What is Company Law
Company Law also known as corporate or business law is a popular area of specialisation. It is a field of law that governs the rights, relationships, and actions of individuals, organisations, and businesses. It refers to the legal practice of corporate law or the theory of corporations. It is dedicated to the examination of business and business transactions.
Corporate Law is a sub-discipline of Law and provides a framework for the incorporation, regulation, and winding up of companies. Here, are a few types of entities recognised under Indian law namely Private Limited Companies public companies and sole proprietors. Company Law course prepared the students on various topics such as Introduction to Company Law, Formation of a Company, Promoters of a Company, and Corporate Social Responsibility.
Highlights: Company Law
| Particulars | Values |
|---|---|
Branch Name | Company Law |
Degree | LLB, Integrated LLB, LLM |
Duration | LLB (3 years) Integrated LLB (5 years) LLM (2 years) |
Eligibility | LLB (Graduate with 50 per cent of aggregate marks from a recognised board) Integrated LLB (10+2 with 50 per cent of aggregate marks from a recognised board) LLM (Bachelor of Law Degree with 50 per cent of aggregate marks) |
Admission Process | LLB (Entrance exams like CLAT, TS LAWCET, AILET, LSAT) Integrated LLB (Entrance exams like CLAT, LSAT, AILET) LLM (Entrance exams like AILET, IPU CET, BHU UET) |
Top Entrance Exams | |
Course Fees | Rs. 1 Lakhs to Rs. 5 Lakhs (depending on the degree opted) |
Top Colleges | Jindal Global Law School, SLS Pune - Symbiosis Law School, ICFAI Law School, University School of Law and Legal Studies, SLCU Bangalore - School of Law, Christ University, Bharati Vidyapeeth Deemed University New Law College. |
Career options | Legal Manager, Legal advisor, Legal Counsel, Corporate lawyer, Company Secretary Legal Officer, Regulatory affairs. |
Average Salary | Rs. 9.2 LPA (Corporate Lawyer) |
Recruiting Companies | Trilegal India, Anand and Anand, DSK legal, Phoenix Legal, Khaitan and Co., IBM, S&R Associates, J Sagar Associates |
Top Company Law Colleges in India
Company Law courses are offered by many universities and colleges. Company Law fee is mostly based on the degree programme which is chosen by the student, type and location of the college. Some of India's top Company Law colleges are listed in the table below.
| Colleges | Fees |
|---|---|
- | |
- | |
University College of Law, Mohanlal Sukhadia University, Udaipur | Rs 10,000 |
Rs 10,000 | |
- |
Top Private Company Law Colleges in India
There are several private colleges in India, offering various degrees in the field of Corporate Law. However, the admission procedure is based on previous academic performance, merit-score, and the results of the entrance examination. In the table below, we have provided a list of popular private Corporate Law colleges.
| Colleges | Fees |
|---|---|
IEC University, Baddi | - |
Radha Govind University, Ramgarh | - |
Top Government Company Law Colleges in India
Apart from good private law schools, government institutes are also very popular due to excellent educational facilities and affordable fee structure. In the following table, we have mentioned the top government Company Law colleges along with the respective fee details.
| Colleges | Fees |
|---|---|
- | |
University College of Law, Mohanlal Sukhadia University, Udaipur | Rs 10,000 |
Rs 10,000 | |
- |
Specialisation or Similar Ones
Company Law is a field that consists of a variety of similar specialisations that also caters to the diverse requirements of the industries. In the table below, we have mentioned some of courses that are similar or related to the field of Company Law.
PG Diploma in Company Law Banking and Insurance | |
LLM Company Law |
Eligibility Criteria (UG & PG) of Company Law
The eligibility criteria for Company Law courses vary depending on the institute and the degree opted by the students. Candidates can check the eligibility details either on the official website of the institute or the programme brochure. Listed below are the eligibility requirements for UG and PG-level courses in the field of Company Law.
Eligibility Criteria for UG Courses
Students who want to pursue an undergraduate degree in the field of Company Law must meet certain eligibility requirements of the desired institute to be eligible for admissions. For a UG course in Company Law, the candidates are required to have passed their 10+2 examination in any discipline from a recognised board with a valid aggregate score specified by the chosen institute. Mentioned below are the general eligibility requirements for a UG course in the Company Laws field.
- Students should have passed 10+2 in any discipline from the recognised board. The certificates earned by them should be given to the university while applying for the course.
- A student who wants to pursue the UG course must score at least 50 per cent aggregate marks at the 10+2 level.
- A student belonging to the general category has to score 45 per cent and if they belong to SC and ST they have to score at least 40 per cent. Then they are eligible to apply for a Law course at the UG level.
- LLB UG admission is done on the basis of various LLB entrance exams such as CLAT, AILET, LSAT, and DU LLB.
Top Entrance Exams for UG Courses
There are various entrance examinations conducted in the field of entrance examinations. However, candidates can appear for the entrance examination as per the preference of the institute. In the table below, we have discussed the entrance examinations conducted for UG courses in the field of Company Law.
| Exam Name | Exam-Level | Conducting Body | Exam Schedule |
|---|---|---|---|
| CLAT | National-level | Consortium of NLUs | CLAT Exam Date |
| LSAT | National-level | Pearson VUE | LSAT Exam Date |
| AILET | National-level | National Law University, Delhi | AILET Exam Date |
| MH CET | State-level | State Common Entrance Test Cell - Maharashtra State | MHT CET Exam Date |
Eligibility Criteria for PG courses
Candidates wishing to apply for postgraduate courses in the field of Company Law must meet the eligibility criteria of the desired institute. For a PG course, they need to complete a LLB degree with a valid aggregate score from a recognised university. They must also pass an entrance examination such as CLAT PG, LSAT, and AILET with a valid percentage.
- Students need to complete their LLB course in any specialisation to be eligible for pursuing Company Law at the postgraduate degree level.
- They should pass their LLB from a recognised university in India.
- Some colleges also require individuals to have work experience.
- Students should appear for the entrance examination such as CLAT PG, LSAT, and AILET.
Top Entrance Exams for PG Courses
Similar to the undergraduate courses in the field of Company Law, admission to the PG-level courses in the field of Corporate Law is also based on entrance examinations. In the following table, we have discussed the important details of PG degrees in the field of Corporate Law.
| Exam Name | Exam Level | Conducting Body | Exam Schedule |
|---|---|---|---|
| CLAT PG | National-level | Consortium of NLUs | CLAT PG Exam Date |
College Predictors VIEW ALL
Scope of Company Law in India and Abroad
The scope of Company Law is very broad in India and abroad and includes various legal aspects related to companies. It is a developing discipline, therefore, there are many growth opportunities. Candidates interested in understanding the legal aspects of commercial transactions, such as drafting contracts, insurance, finance, bank guarantees, and investments, can opt for this course.
The graduates have a wide range of job opportunities because every business requires a legal advisor. If students earn a degree in company law, individuals will have many options for employment after graduation, including banks, insurance companies, and other legal service providers. A master's in corporate law can open doors in the academic world, allowing lawyers to pursue a career as a professor or lecturer in a college or university for teaching law subjects.
Course Fees Company Law
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
2.21 Lakhs
B.Com(Hons) in Company Law at KK Modi University, Durg
|
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Data not available
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2.21 Lakhs
B.Com(Hons) in Company Law at KK Modi University, Durg
|
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Data not available
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Course Subjects
In this section, we have mentioned the syllabus of undergraduate and postgraduate courses in company law specialisation. Some of the courses offered for undergraduate and postgraduate degrees in the field of Company Law are Types of Companies, Role of Promoters, Legal Position of Promoters, Memorandum of Association, Introduction to the basic legal framework in India, and Introduction and basis of Classification of companies.
Company Law Syllabus for UG course
The Company law subjects can be pursued in the undergraduate, postgraduate, diploma, postgraduate diploma and executive level. Company law is mainly studied as a paper in the LLB degree. Below, we have mentioned the Company Law subjects from the LLB syllabus of the Shivaji University, Kolhapur.
Unit - I (Company and its Nature and Scope) | |
Meaning, Definition and characteristics of the company | Historical background of the company |
Kinds of companies | Merits and Demerits of Incorporation of Company |
Unit - II (Procedure for Incorporation of Companies) | |
Role of Promoters, Legal Position of Promoter | Pre-incorporation contracts |
Memorandum of Association | Articles of Association |
Doctrine of Endowment Exceptions | - |
Unit - III (Prospectus, Shares and Debentures) | |
Formalities of issue Prospectus - Misrepresentation of Prospectus - Golden Rule | Shares - Meaning, Types of Shares and Transfer of shares |
Share Capital, Meaning, Kinds, Alternation, Reduction and Voting Rights | Debenture - Meaning, Types, Charge-Fixed and Floating, Crytalisation of Floating charge |
Borrowing Powers - Effective of unauthorised borrowings | - |
Unit - IV (Members and Membership Rights) | |
Modes of Acquiring Membership | Rights and Privileges of Members and Shareholders |
Transfer and Registration of Transfer of Securities | Transmission of Securities |
Dividend - Rules as to Payment of Dividend | - |
Unit - V (Management and Administration of Company) | |
Directors - Appointment, Qualifications, Types | Directors Position, Powers, Functions |
Duties and Liabilities of Directors | Meetings, Kinds, Requisites of Valid Meeting |
Audit and Accounting System - Legal Position of Audit | - |
Unit - VI (Oppression and Mismanagement) | |
Meaning of Oppression and Mismanagement | Prevention of Oppression and Mismanagement - Rule in Foss v/s Harbottle (1843) |
Powers of Company Law Board and Central Government | Inspection and Investigation |
Role of Serious Fraud Investigation Office (SF10) | - |
Unit - VII (Amalgamation and winding up) | |
Merger and Demerger of Company | Amalgamation, Compromise and Arrangement |
Winding up - Meaning, Types, Procedure | Payment of Liabilities in the event of winding up |
Role of Official Liquidator, Court and National Company Law Tribunal | - |
Unit - VIII (Corporate Governance) | |
Significance of Corporate Governance | Corporate Social Responsibility |
Corporate Criminal Liability | Corporate Liability under Environmental Laws |
Offences and Penalties of Company under the Companies Act, 2013 | - |
Company Law Syllabus for PG course
The company law subjects can be studied in postgraduate, postgraduate diploma and executive level. Below, we have mentioned the topics that are pursued in the Company law subject which is studied as a part of postgraduate degree courses at Symbiosis College Of Arts & Commerce.
Unit 1 (Nature and Types of Companies) | |
Introduction to the basic legal framework in India | Company as a business medium |
Basic characteristics of partnership under the Partnership Act 1932 | Introduction and basis of classification of companies |
Unit 2 (Promotion and incorporation) | |
Definition of the word ‘promoter’. | Memorandum of Association (MoA) |
Preliminary Contracts/Pre-incorporation contracts | - |
Unit 3 (Main source of Finance and Issue of Shares) | |
Meaning and classification of capital | Meaning and definition of prospectus |
Allotment of securities | - |
Unit 4 (Membership) | |
Definition of member | Provision regulating the transfer of Securities |
Careers in Company Law
The Company Law programme allows students to work in a number of corporate and government sectors. Candidates can work in a wide range of work environments, including colleges, corporate sectors, and other organisations. Some of the top careers that can be pursued by the Company Law students are mentioned below.
| Job Profiles | Job Descriptions |
|---|---|
Company Lawyer | A company lawyer is a professional who works in various corporate offices, managing the funding, running, and ending of a business. He or she advises companies on their legal rights and responsibilities. |
Solicitor | A solicitor is a professional who si qualified to deal with conveyancing, drawing up of wills, and related legal matters. He or she instructs the barristers and represents clients in some courts. |
Legal Counsel | A Legal Counsel is a law professional responsible for making sure that the company's business is adhering to the law. He or she is accountable to make certain that a company's enterprise is adhering to the regulation. |
A business lawyer is responsible for serving corporations with legal matters. He or she plays a role in ensuring every detail of the company. | |
A compliance officer is a worker of an agency that guarantees the company is in compliance with its outside regulatory and legal necessities in addition to inner guidelines and bylaws. |
Upcoming trends
Even though legal topics also need to be updated in upcoming years. It has experienced an unexpected spike in boom due to modifications in work patterns and client demands. A rise in rising trends in the legal enterprise is now replacing conventional legal services, enabling the arena to deal with the growing competition and preserve a strong function in the market.
- Artificial intelligence: AI refers to the usage of computer generation to replicate the sensible conduct of human beings or to do precise responsibilities that require human intelligence. Artificial intelligence is utilized in law companies for report review, legal research, settlement analysis, proofreading and rewriting.
- Blockchain Technology: Blockchain is a system of recording records in a manner that makes it tough or not possible to change, hack, or cheat the gadget. A blockchain is largely a virtual ledger of transactions that is duplicated and dispensed throughout the complete community of laptop structures at the blockchain.
- Big Data Analytics: There are endless uses of Big Data; from submitting a case to monitoring down the evidence; it performs a primary function in everything. Despite our expectations, Big Data is proving to be a good deal greater than we expected. With the arrival of Big Data, regulation enforcement officials have got entry to new revolutionary strategies that could assist them to seize a wider variety of criminals more effectively.
Job Profiles and Top Recruiters
Company Law graduates can contribute to various industries, depending on their job roles and aspirations. Some of the industries are Law Firms, Corporations, Banks, Financial Institutions, Government Agencies, and Non-Profit Agencies. Corporate Lawyer, Litigator, and Administrative Law Officer are some of the popular job profiles. Listed below are some of the top recruiters in the field of Corporate Lawyer.
Top Recruiters
- Vahura
- Repco Bank
- Infosys
- Trilegal
- BEEL
- IBM
- S&R Associates
- J Sagar Associates
Average Salary
The salary after completing a course in Company Law depends on the skills and accomplishments of the candidate, the job profile and the location of the company. In the table below we have listed the average salary of some of the most popular career options chosen after the Company Law course.
| Job Profiles | Average Salary |
|---|---|
Company Lawyer | Rs. 9.2 LPA |
Solicitor | Rs. 12.0 LPA |
Legal Counsel | Rs. 16.5 LPA |
Compliance Officers | Rs. 7.5 LPA |
Salary Source: AmbitionBox
Required Skillset for Company Law
Candidates wishing to apply for admission to Company Law courses need to have certain skills in order to do well academically and professionally in the domain of Company Law. In the table below we have listed some of the important skills required for a Company Law course.
- Research Skills
- Confidentiality
- Numerical Ability
- Creativity Skills
- Negotiation Skills
- Critical Thinking
- Decision-Making
Course Curriculum for Company Law
The law course has different types of skills that are mainly used by the lawyers and those skills are covered under the course curriculum. The students in the course will be learning communication skills, legal skills, and they also get trained under the senior lawyers. The overall curriculum gives the idea to study the law and equip the ability of dealing with the challenging issues , understanding human behaviour and analysing the real life cases. A proper curriculum followed by any recognised law universities in India can be like the below mentioned.
- Investment skills
- Foreign direct investments
- Audit Committee
- Certificate of Incorporation
- Corporate liquidation
- Raising for working capital
- Corporate reorganisation
Popular Company Law Entrance Exams in India
Frequently Asked Questions (FAQs)
Question: Is a law degree a difficult course?
Answer :
An average aspirant can easily consider LLB as a good choice because he/she will be able to study it easily by putting their efforts and dedication into it.It will turn out to be a complex or difficult course for those neglecting it and not paying required attention to it.
Question: Can I do LLB after 12th?
Answer :
Yes, candidates pursuing three-year LLB programs, on the other hand, must have completed a bachelor's degree in any discipline to enroll in integrated legal programs such as BA LLB, BBA LLB, BSc LLB, and BCom LLB, candidates must have passed Class 12.
Question: What are the subjects involved in a law degree at UG level?
Answer :
The subjects depend on the electives or streams they choose. Here are the few subjects that are studied under the law degree: International Law, criminal law, law of evidence, property law, Jurisprudence, and criminology.
Question: What is the salary range for a corporate lawyer?
Answer :
Corporate lawyers or business lawyers salary will be starting from Rs 1,70,000 and when they get the experience in the specified field it may go to Rs 14,05,000 per annum.
Question: What are the entrance exams for pursuing a law degree?
Answer :
A candidate who wants to pursue a law degree needs to attempt the entrance exams like CLAT, AILET, MHCET, LAWCET, and LSAT. These exams help the candidate to get admissions into reputed universities.
Question: What are the skills required for a lawyer?
Answer :
To build a career in law there are certain rules and regulations followed by law students. Here are a few skills: verbal communication, logical and analytical reasoning,time management, legal research, and client service.
Question: What are the career opportunities after LLB?
Answer :
There are various opportunities after LLB degree, and one can choose from the job opportunities like Lawyers, public lawyers, legal counsel, legal advisor, and legal researcher.
Question: What are the top universities for law colleges?
Answer :
As per the NIRF Ranking there are many law universities in India and the top most universities are NLU, NALSAR, SLS, NUJS, and Jamia Millia Islamia.
Question: Who is eligible to do a law course?
Answer :
Students after passing class 12th are eligible to do a law course by writing law entrance exams like LAWCET, AILET, CLAT, and LSAT.
Question: What is company law?
Answer :
A company law is a body of law governing the rights and duties of the persons and companies.The term company law defines as the legal practice of law relating to organisations.
