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Law School Corporate Law Corporate Law Essentials: Mod 3 — Directors & Key Managerial Personnel

Corporate Law Essentials: Mod 3 — Directors & Key Managerial Personnel

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About this Course

It has long been recognised that effective corporate management is quintessential for an effective deployment of shareholder capital. This ultimately contributes to the growth of a company and the economy. Good corporate management is critical to a strong corporate governance. The quality of a company’s governance and growth depends largely on the effectiveness of the boards’ oversight of the business and its stakeholders, and of course, the competence to look beyond.

Easier said than done, the position of a director comes with significant responsibilities with respect to executive management and overall direction of the company. The Board acts both as a trustee and agent of the company and is relied upon by shareholders and the capital market. Corporate governance also calls for setting up various board committees to focus on specialised activities. And the directors sit on one or more of such committees to carry out the duties and responsibilities pertaining to the committee.

But the directors don’t necessarily engage in the day-to-day operations and compliance of the company. Their job is primarily to supervise the company and make strategic decisions and not really micromanage. It is the key managerial personnel who are actually responsible for the day-to-day operations and compliance. So…while the Board sets the goals and objectives, it is the key managerial personnel who actually work towards achieving the goals.

The course is divided into two parts – Part 1 – Board of Directors and Part 2 – Key Managerial Personnel.

In Part 1, you will learn all about the composition of the board of directors, kinds of directors, their appointment, disqualification, powers, duties and liabilities of directors and the various Board committees.

And Part 2 covers topics pertaining to key managerial personnel, their appointment, remuneration, roles and responsibilities, removal of key managerial personnel and secretarial audit.

Supplements to the course include flashcards, mind maps, full text of important cases, relevant statutory content and examination pointers for students.

Requirements

There are no prerequisite to this course.

Objectives

The objective of the course is to give you an insight into the legal and regulatory framework relating to corporate management. This course will serve as a stepping stone in your journey into the commercial world and this will enable you to ace your law school exams too.

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Business opportunities are like buses, there’s always another one coming.

Richard Branson

Instructors

Pratima Narayan image

Pratima Narayan

Dr Pratima Narayan is an Advocate, Mediator and Founder Partner of TechLawLogi Consulting LLP. Dr Pratima holds a Doctorate in law from the National Law School of India University, Bengaluru.  She is a Project Consultant at EBC Learning. Her course on Consumer Protection Law is being offered on EBC Learning. She has authored a book on Electronic Commerce: Legal Compliance, EBC.  She has extensively worked in the areas of Information Technology Law, Intellectual Property Rights, Alternate Dispute Resolution and Consumer Law.  She has also served the legal academia for over 18 years and has taught at various leading law schools and business schools.  She is a co-convenor of Gender Parity, CII India Woman Network, Karnataka Chapter. As part of her social engagement, Dr Pratima is on board the Managing Committee of AMC, an NGO supporting intellectual disability disorders, that support about 130 beneficiaries.

Presented by: Bijetri Roy image

Presented by: Bijetri Roy

Bijetri Roy holds a master's degree in Public International Law from the Queen Mary University of London and is pursuing her PhD in Food Security and WTO from UPES, Dehradun. She has worked as a law lecturer at a law school in Delhi NCR where she taught Corporate Law. Prior to entering the field of teaching and research, she worked as a Legal and Marketing officer in the banking sector, before which she worked as a banking and finance lawyer at a boutique law firm, Orbit Law Services, Mumbai. Apart from her regular jobs, she has been actively involved in social service and was a pro-bono researcher in the areas of domestic violence and rape with Majlis Legal Centre under India’s renowned feminist advocate, Flavia Agnes. Bijetri has also trained law students at a well known private law school in Mumbai for moot courts, public speaking and legal research methodology.

A manager sets objectives, organizes, motivates, and communicates, sets yardsticks, and measures develops people.

Peter Drucker

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