Corporate Laws deal with the formation and operations of corporations and have a direct relation to commercial and contract law. In order to understand the scope of Corporate Laws, the meaning and scope of the term ‘corporation’ is to be understood. The term “Corporation’ can be defined to mean a legal entity or an artificial person that has been embodied under the laws and rules of the state it has been created within.
The entity has a standing of its own and can sue or be sued, enter into contracts and perform various other duties required to separate the business from its stakeholders. They have perpetual life and are taxable units which shelter the shareholders from being personally liable for debts of the corporation.
The scheme of corporate law principally involves directing all legal and external affairs matters including litigation, investigations, compliance, mergers and acquisitions, contract matters and international trade issues. It generally focuses on how corporate and companies interact externally through commercial transactions and internally through corporate governance.
The lawyers in this sector are tasked with safeguarding the legality of commercial transactions, representing companies and illuminating corporate employees with their legal rights and duties. The Corporate affairs in India are regulated by The Companies Act, 2013 along with various other rules and regulations which are governed by the Ministry of Corporate Affairs (MCA).
With the rapidly evolving society and introduction of new forms of corporations and their structures, the laws, rules and regulations of this are evolving simultaneously. In order to understand and imbibe the concepts of Corporate Laws, the fundamentals of the same are to be thoroughly studied.
It can be called a genus of the species of Company Law (or law of business associations). The Corporate sector in India is expeditiously growing and with its ever-growing nature it is assumed to be contributing more than 50% to India’s GDP. The importance of this sector can be known by understanding that it is the backbone of the Indian Economy.
Enhelion’s ‘Diploma in Corporate Laws’ course in association with Scriboard Advocates and Legal Consultants provides an extensive study of the sector. The course is divided into different modules which deal with different concepts required to be understood in the corporate sector. The modules include Introduction of the sector, the kinds of organization that exist, the inter-relation of the other sectors with the corporate sector, the provisions of taxation and fund raising strategies, Alternate Dispute Resolution techniques, the role of Foreign Direct Investment and various laws and legislation governing it.
It also provides for modules which deal with the relation of this sector with other areas, for instance Intellectual Property and its relation to the corporate society. Unlike, olden times today’s society isn’t restricted to the core study of any field and encourages inter-disciplinary research and study. The course is self-paced for the student to have an in-depth study of the subject. The online lectures and the study material are available after the completion of the course to allow future access. It is practical oriented and promotes learning through intensive research of the assignments given after the completion of the modules.
The timely mentoring and guidance by the experts gives a lead to stand out in the industry. The Corporate arena with its ceaseless growth provides innumerable opportunities for young professionals to carve an extraordinary career line for themselves.
For more details on our Online Diploma Course on Corporate Law Contact Us or write to us on info@enhelion.com
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