Companies Act, 2013

Introduction to Companies Act, 2013

This course is co-certified by MEPSC and Skill India, a sector skill council under the aegis of NSDC, and therefore recognized by the Government of India under the Ministry of Skill Development & Entrepreneurship.

If you do not like the course, you could get 100% refund. Refund Policy here

Date and Time

Course Fee: INR 3,000

Course Duration: 1 month

Access to study materials: 3 months

Class timing range8-9 pm on weekdays or Saturdays, or on Sundays

Limited Seats

Class frequency: Once per week

Class duration: 1 - 1.5 hours

For law students only

Do you want to understand why people incorporate companies and how exactly it is that companies function?

Do you want to grasp the mysteries of what exactly is the difference between limited liability partnerships and companies, equity shares and preference shares, ordinary resolutions and special resolutions?

Do you experience confusion when made to think about the difference between an additional director and an alternate director, or what exactly a ‘non-executive’ director is?

Do you want to demonstrate a sound understanding of how decisions are taken in companies and how people can be authorised to act on behalf of companies in any position you apply for?

Do you want to find your way through the compliance required for related party transactions and inter-corporate transactions?

Does any of the following describe your experiences?

You feel that even the basic concepts aren’t explained clearly in your college.
Understanding and remembering company law provisions feel really difficult since it is a vast piece of legislation with loads of accompanying rules.
You have to grope for resources on your own. And searching through the vast resources and landing on the right ones becomes difficult.
You are completely confused as to which books you should read, which blogs you should follow.
You are not able to find any resource where the basic concepts in the Companies Act, 2013 can be explained to you step by step.
While dealing with other laws, you feel really stuck when there is a question that trespasses onto the Companies Act and you cannot understand it.
Where contracts or case laws refer to company law aspects, you experience a gap in understanding.

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 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 to 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:

#1 Acclimatise you with the underlying basics of the companies act for transactions actually carried out at law firms

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.

#2 Equip you with the understanding of the strategic choice and commercial intents rather than just drafting

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?

#3 Improve your capacity to identify the strategies and to draft better with the help of feedback

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 solid ground in the fundamentals of 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.

#4 - Learn how to showcase the skills learnt through this course

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.

#5: Obtain placement assistance

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.

Syllabus

module

Module 1: Incorporating companies and finding their information

Chapter: Why do people incorporate companies: rationale and objectives
Chapter: When should you not incorporate a company
Chapter: Chapter: Types of Companies: Private, Public, OPC
Chapter: How to incorporate a Section 8 Company
Chapter: How to draft a memorandum of association
Chapter: How to draft articles of association
Chapter: How to alter memorandum and articles of association
Chapter: Extracting information from the MCA website on an unpaid basis
Chapter: Extracting information from the MCA website on a paid basis
Chapter: How to use the BSE website to extract listed company information
Chapter: Ten Pointers for drafting a legal opinion

Checklist: Incorporation of a Company
Template: Legal Opinion
Template: Memorandum and Articles of Association of a Private Limited Company

Module 2: Investment transactions and capital changes

Chapter: Types of securities
Chapter: Funding in unlisted entities: Rights Issues
Chapter: Funding in unlisted entities: Private placements in companies
Chapter: Strategic vs. Financial Investments
Chapter: Shareholders Agreements
Chapter: Investor exit rights and enforceability
Chapter: Dividends
Chapter: How does reduction of capital work and how do companies reduce their capital

Template: Board resolution for rights issues
Template: Extraordinary general meeting for private placements
Template: Letter of offer
Template: Offer cum application form for private placement
Template: Shareholders Agreemen

Module 3: Directors, Board Decisions and Related Party Transactions

Chapter: Appointment, resignation and removal of Directors
Chapter: Different types of Directors in a company
Chapter: Independent Directors
Chapter: Liabilities of Directors in a company
Chapter: Criminal Provisions and Directors’ liability under Regulatory Statutes
Chapter: Decision making forums in companies: Board Meetings
Chapter: Shareholders Meetings: Legal and Governance Aspects
Chapter: Related Party Transactions
Chapter: How to deal with conflicts of Interest

Checklist: Holding board meetings by videoconferencing
Checklist: Entering into Related Party Transactions
Template: Noting of Disclosures in the Minutes
Template: Resolutions for approval of related party transactions

Module 4: Borrowing, lending and investment by companies and inter-corporate transactions

Chapter: Holding and Subsidiary companies - Introduction
Chapter: Governance of joint ventures
Chapter: Inter-corporate transactions
Chapter: Loans to and from Directors
Chapter: Issue of deposits by Companies
Chapter: Issue of secured and unsecured debentures
Chapter: Compliance in relation to charges

Template: Shareholders resolution for approval of inter-corporate transactions
Template: Debenture trust dee

Module 5: Share related dealings

Chapter: Transfer of shares
Chapter: How to draft a Share Purchase Agreement
Chapter: Why do companies buy back their shares?
Chapter: How do stock splits and reverse stock splits work?
Chapter: Bonus Issues

Template: Board resolution for approval of transfer of shares
Template: Shareholder resolution for approval of buyback of share

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. Option to convert your payment into two instalments is available on checkout page.

Standard

RS. 3000 incl. of all charges

View details

Join the waitlist

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

Join the waitlist

Online faculty

Komal Shah

Co-founder and Chief Knowledge Officer, LawSikho, former in-house counsel and company secretary with over a decade of experience in securities, funds and capital markets

What does a LawSikho Certificate look like?

FAQs

Who is going to certify the course? What is the value of the course on the CV?

Unless specifically mentioned otherwise, none of our courses is recognised, accredited, or validated by any university, government or third party. We consider government regulatory standards as an impediment to offering high-quality courses we offer at an affordable cost, offering informal, non recognised courses rather than collaborating with formal universities.

This course is offered as a skill development course by a private company. LawSikho is India’s leading online legal education provider and provides high-quality legal courses that teach you how to do practical legal work as required by the industry.

For any recruiter or client, what matters the most is whether you possess the relevant skills to match their needs and serve their interests. We will train you in rare and important skills that are highly in-demand and our initiative is one of a kind.

Experts review the syllabus and course content for all the courses. These experts are drawn from law firms and the industry at large. The course is conceptualised, coordinated and marketed by LawSikho, a venture that aims to make justice accessible to people from all walks of life through access to superior legal knowledge.

The legal industry knows and respects our work, and they know that anyone who finished our course and obtained certification has a certain level of knowledge and skills. If nothing else, you will be appreciated for the knowledge and skills you would acquire through our courses and would be able to demonstrate after due completion.

Who can enrol for the LawSikho Courses?

We recommend that you should have completed your Higher Secondary / Class XII from a recognized Board / University. In the case of foreign nationals, you should have completed the equivalent of Higher Secondary in India in your respective country. You should also be comfortable with the English language and using a computer. However, we have no formal pre-qualification requirements because we are not a University or college. Anyone who wants to learn is welcome to join our courses.

Grade	Percentage
F (Fail)	<40
C+	41 to 59
B+	60 to 79
A+	80 to 100

Introduction to Companies Act, 2013

Date and Time

For law students only

Does any of the following describe your experiences?

Why is Company Law relevant and what does not work?

#1 Company law is omnipresent

#2 Work for other laws often turns out to be interconnected with Company law

#3 Self-research does not work

#4 Learning from internships does not come easy

Our 5 step method to enable you to get the complete hang of company law matters:

#1 Acclimatise you with the underlying basics of the companies act for transactions actually carried out at law firms

#2 Equip you with the understanding of the strategic choice and commercial intents rather than just drafting

#3 Improve your capacity to identify the strategies and to draft better with the help of feedback

#4 - Learn how to showcase the skills learnt through this course

#5: Obtain placement assistance

Money-back guarantee

Syllabus

Class

Class 1: Investment transactions and alteration of constitution documents

Class 2: Role of Directors in a company and meaning of Related Party Transactions

Class 3: Inter-corporate loans and compliance in relation to charges

Class 4: Share Transfer and buyback of shares

Course Plan

Online faculty

What does a LawSikho Certificate look like?

What does a LawSikho Certificate look like?

FAQs

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