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Assisting the Apprentice: Becoming a Company Secretary (CS)

Why do the CS and law?

There are multiple reasons why a law student or law graduate may choose to pursue the CS course. For Ishant Gupta, there were three reasons: enhanced knowledge of corporate law, access to multiple career options, and the fact that the CS is a useful tool for first-generation lawyers to have with them.

Khushi Thakker, who initially did not take the CS course too seriously, was drawn by the knowledge that the course offered, “not just about the law, but about companies, securities market and the business at large.”

Hence, a big driver to pursue the CS course are the professional avenues that open up. These avenues include the traditional, as well as the up and coming.

Explains Shikhar Pandey, “Traditional options include working as either full time compliance officer or in-house legal counsel or both legal counsels and compliance officer of the company. Being a CS offers another advantage as a CS is recognized as one of the KMP of the company under the Companies Act 2013, while an in-house legal counsel is yet to be recognized as a KMP.”

On the other hand, says Pandey, a CS qualification can also make one better suited for careers such as a legal journalist covering economic news, ESG analysts, and those in the dispute resolution space.

Furthermore, in March last year, the University Grants Commission recognised the CS qualification as equivalent to a post-graduation degree.

Source: Barandbench

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