Company Law is an essential topic for the CLAT PG exam due to its comprehensive coverage of corporate governance, financial regulations, and the legal framework governing business entities. It forms a critical part of the legal curriculum and is integral to understanding how businesses operate within legal boundaries. It also comprises various regulations and statutes such as the Companies Act of 2013, which provides the framework for the incorporation, management and dissolution of companies. Understanding these regulations is crucial for legal professionals who work with corporate clients.
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The Company Law addresses issues related to corporate governance, including the roles and responsibilities of directors, shareholders and other stakeholders. Knowledge of corporate governance principles is essential for ensuring compliance and ethical conduct in business operations. Topics such as share capital, debentures, financial statements and auditing are covered under Company Law. These aspects are vital for managing corporate finance and ensuring transparency and accountability in financial reporting.
The Company Law provides a legal framework for mergers, acquisitions and corporate restructuring. Therefore, understanding the legal requirements and procedures for these transactions is important for legal practice in corporate law. It also includes provisions for resolving disputes related to corporate matters and has a significant impact on the economy as it regulates the formation and functioning of business entities. It is rich in case law and judicial precedent that shape its interpretation and application.
This article will aid with a detailed strategy, preparation and revision techniques that will help you in CLAT PG 2026 exam preparation so that students have a crystal-clear schedule in front of them to follow duly with their time and efforts.
1. Syllabus and paper pattern: The very first step to strategize your preparation is to go through the CLAT PG syllabus and focus on important topics listed under company law, and familiarize yourself with the types of questions (objective and subjective) and their weightage for the exam, particularly.
2 Study Plan: Then, creating a CLAT 2026 Preparation study plan or timetable for yourself would be another important step in the strategy for your preparation. You must allocate specific hours each day for studying company law. Further, set weekly targets to cover different sections of the syllabus, and it will also push you to reach your desired goals. Afterwards, include regular revision sessions in your plan so that you retain the studied part.
3. Key areas: The candidates must focus more on the CLAT 2026 Important Topics key areas because the probability of these topics appearing in the main exam is higher, and they should be thoroughly clear with them.
4. Sources: The usage of multiple sources will be beneficial for you. You must watch online lectures on platforms and sites that provide productive material for legal education specifically. This technique is known as the audio-video way of studying, and it helps you to understand and comprehend the core concepts firmly. You may also refer to journals and articles, and the CLAT 2026 Study Material.
5. Regular Practice: Solving CLAT PG question papers becomes crucial to understanding the question pattern and difficulty level of the exam. In addition, students can take regular CLAT PG mock tests to improve their preparation in terms of time management. Also, practice objective and subject problems separately and focus on application-based questions as well.
6. Revision: Further, it is also advisable that you make concise notes for each topic by highlighting important sections and provisions along with case laws. Make use of flowcharts and diagrams to summarise processes like incorporation, mergers, etc. You may also schedule periodic revision sessions to reinforce your understanding.
7. Stay Updated: Lastly, keep track of recent amendments to the Companies Act and the new regulations and stay updated on recent Supreme Court and High Court judgements related to Company Law.
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1. Incorporation of a Company: The incorporation of a Company is one of the important topics that include coverage of sub-topics such as types of companies such as Private, Public, and one-person company (OPC), Section 8 which defines the company. The procedure for the incorporation of the company and the steps required to do so, documentation, and the role of the registrar of companies. You must pay special attention to the memorandum and Articles of Association, Doctrine of ultra vires, constructive notice and indoor management.
2. Corporate Governance: Corporate Governance is yet another topic that should be covered thoroughly during the preparation. Focus on the composition, appointment, powers, duties and liabilities of the board of directors. Further, study the procedure, types and quorum of board meetings and resolutions. Then, you may in detail study about the committees of the board namely, the audit committee, nomination and remuneration committee and the CSR committee. It is also very crucial to study the roles, duties and importance of corporate governance.
3. Share Capital and Debentures: Share capital and debentures are one of the complex topics to be studied and hence it requires proper attention. Focus on types of shares that is equity shares, preference shares, rights shares and bonus shares along with procedures, prospectus, private placement and preferential allotment of issuance of shares. Knowing about the shareholder’s rights and obligations. In debentures, study the types, issuance and debenture holder’s rights.
4. Accounts and Audits: You may also study the financial statements such as balance sheet, profit and loss account and cash flow statement, maintenance and inspection of books of accounts. It is also very important to study the appointment, rights, duties and powers of auditors, audit reports and financial disclosures.
5. Mergers, Acquisitions and Corporate Restructuring: In this particular topic, you must focus on legal procedures for mergers and acquisitions followed by the types of mergers that are horizontal, vertical and conglomerate. You must also cover topics of amalgamation, demerger and takeover of corporate restructuring. You may focus on the Role of SBI and the Competition Commission of India.
6. Winding up and Insolvency: The winding up and insolvency of a company are the two typical ways through which a company gets dissolved. So, focus on compulsory winding up by the tribunal and voluntary winding up as the types of winding up followed by the procedure for the winding up of the company. A candidate must particularly refer to the Insolvency and Bankruptcy Code (IBC), 2016, its overview, resolution process and liquidation. Then, give an overlook of the Role of Insolvency Professionals and Adjudicating Authority.
7. Corporate Social Responsibility (CSR): The CSR Activities are very vital from the point of view of Company Law. An individual must particularly refer to CSR provisions under the Companies Act, 2013, CSR Policy and Implementation, and Mandatory CSR Expenditure and Reporting Requirements.
Other Provisions: Similarly, read briefly about the Director Identification Number (DIN) and Digital Signature Certificate (DSC), Annual General Meeting (AGM) and Extraordinary General Meeting (EGM).
Moreover, its also very crucial be familiar with the key Supreme Court and High Court judgments related to company law in order to understand how the courts interpret various provisions of Company Law. It is also advisable that you must be updated regarding on the latest amendments to the companies Act and also regarding the rules and regulations by SEBI, MCA and other regulatory bodies.
Hence, it can be concluded that, preparing for company law in the CLAT PG exam demands a strategic approach, disciplined study habits and the right resources. Therefore, maintaining a balanced study routine and prioritizing it will ensure a sustained focus and efficiency. Consistency and perseverance are the keys to your door to success and diligent preparation and a thorough grasp of company law will equip you with excellence.
Students need to refer to appropriate study materials and required reading material specifically for company law. Below are some of the CLAT PG Books for Company Law that you may gather for your preparation:
Name of the Books | Author of the Books |
|---|---|
Company Law | Avtar Singh |
Guide to Companies Act | A. Ramaiya |
Bare Act of Companies Act, 2013 | Universal Publication |
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Frequently Asked Questions (FAQs)
The Doctrine of Ultra Vires holds that a company can only engage in activities that are within the scope of its objects as specified in its Memorandum of Association and any act beyond this scope is considered ultra vires (beyond the powers) and void.
Case law: Ashbury Railway Carriage and Iron Co. Ltd. V. Riche, in this case it was established that any contract made beyond the scope of MOA that is Memorandum of Association is null and void.
CSR refers to a company’s obligation to contribute positively to society. Under the Companies Act,2013, there are certain companies that are required to spend atleast 2% of their average net profit on CSR activities. Such activities help in promoting ethical business practices and social welfare.
Preference Shares are the types of shares have fixed dividends and preferential rights over equity shares.
On Question asked by student community
Hello,
Here is your CLAT 2026 Rank-Wise College List - Available NLUs in your rank range. I am providing you the link. Kindly open and check it out.
https://law.careers360.com/articles/clat-2026-rank-wise-college-list
I hope it will help you. For any further query please let me know.
Thank you.
The clat pg 2025 first allotment list for tamil nadu national law university (tnnlu), tiruchirappalli, was officially released on may 26, 2025. according to the first round seat allotment results for the pg (llm) program, the all india closing rank for the general category at nlu trichy was 1,290. for candidates under the home state quota, the closing ranks were significantly higher, with the general category closing at 2,696 and other categories like bcm-tn and sc-tn closing at 3,183 and 5,799 respectively. students who have been allotted a seat in this round must complete their confirmation fee payment and choose between the freeze, float, or exit options within the stipulated deadline to secure their admission. for the upcoming 2026 session, the first allotment list is expected to be published on january 7, 2026, following the counselling registration period in december 2025. you can check the detailed category-wise opening and closing ranks and download the official allotment pdf by visiting the following link: https://www.careers360.com/university/tamil-nadu-national-law-university-tiruchirappalli/cut-off
Hello aspirant ,
Nirma University admits students to its UG law courses like BA LLB or BCom LLB based on CLAT scores. While exact marks vary by year and category , a CLAT score around 140-150 is often considered safe for admission there , though it can change with seat demand and counselling for the most accurate picture.
FOR REFERENCE : https://law.careers360.com/articles/clat-cutoff
Hope the details will help you.
THANK YOU
Hello,
The CLAT PG exam pattern consists of 120 questions and 2-hour MCQ exam with negative marking.
Subjects Covered:
Constitutional Law
Jurisprudence
Criminal Law
Contract Law
Other core law subjects
Here are some tricks which you must follow:
To know more access below mentioned link:
https://law.careers360.com/articles/how-to-prepare-for-clat-pg-exam
Hope it helps.
Hello,
For CLAT PG 2026 application :
Photograph: JPEG/JPG, 200x230 pixels, 20–50 KB, white/light background, recent passport-size photo.
Signature: JPEG/JPG, 140x60 pixels, 10–20 KB, sign on white paper with black ink, must match exam documents.
Hope it helps !
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