Doing Law and Company Secretary Both at one Time
Company Secretary is a professional course dealing with subjects such as Law, Tax Laws, Management, Accounts and more. Those opting for Company Secretary will have to oversee that the Company is complying with the relevant and applicable laws and Regulations. A Company Secretary is generally responsible for all the legal aspects of the Company. A Company Secretary puts his/her signature on various documents of the Company such as Board Report, Financial Statements of the Company and other important documents. It is mandatory for specified classes of Companies to appoint a Company Secretary as per the Companies Act, 2013.
While LLB deals with law as a whole the role of Company Secretary is limited to corporations only. LLB deals with various aspects of Law such as Criminal Law, Civil Law, Corporate Law, etc. A person if interested can do both LLB and CS Programme. It will be a good combination as CS has vast coverage of Law and LLB deals with Law only. However LLB can be pursued from any university, but Company Secretary can only be pursued from the Institute of Company Secretaries of India (ICSI). While pursuing CS you will also have to undergo a training period as well.
Doing Both Company Secretary and LLB Both: Advantages
- Corporations may hire a lawyer having a CS Degree or vice versa – Corporations may prefer hiring candidates having both degrees as a single person can handle the work of two years as they are closely linked. A Company Secretary generally oversees compliance with relevant laws and regulations so doing CS and LLB will be a good fit. But only those companies required by law to appoint a CS will prefer hiring a Candidate with CS+LLB Degree.
- Similar Subjects – Generally you would first complete your LLB Program and then go for the CS Course. A lot of subjects in the LLB will be similar to those in CS. Both topics more or less deal with Laws such as the Companies Act, 2013 and Income Tax Act, 1961 and more. Generally, you would pursue Corporate Law in LLB which helps you in CS as well.
- Better Job Security – Having two degrees, especially a professional degree will help you secure a good job. As you will have both qualifications you will add good value to the organization, which means a better salary.
- Respect and Status – A CS being a professional is quite respected in society and also having an LLB Degree along with CS proves that you have really worked hard for your career. People will respect you more and you will have a higher status.
- Better Understanding of Law – In case you do both CS and LLB you will have a very good grasp of Law. You will also learn about many of your rights and duties. You will know the Companies Act better and also other legal aspects.
How to Become a Company Secretary?
There are 6 stages to becoming a Company Secretary. Check the table below:
|Stage 2||CS Executive Course (8 papers)|
|Stage 3||CS Professional Course (9 papers)|
|Stage 4||Pre-membership training|
|Stage 5||CS Membership|
|Stage 6||Continuing Professional Development|
Company Secretary Vs Law
|S. No.||Company Secretary||Law|
|1||No university or college teaches company secretary. The Postal Coaching provided by the ICSI must be completed.||Students get admission into NLUs and other law schools based on their performance on the CLAT, LSAT India, or other entrance exams.|
|2||A CS is a specialist in corporate policy, legal and tax issues pertaining to the company, and finance, and serves as the principal advisor to the board of directors. A CS can only be connected to one company.||A law graduate may become a CS if she or he is a member of the Institute of Company Secretaries of India. He or she may practise civil law, criminal law, cyber law, environment law, consumer protection law, and other emerging areas of the law all at once.|
|3||After 10+2, the CS course is a professional course that is divided into three levels. The number of years required to finish the CS course is not specified, however, a candidate’s registration may be extended beyond a period of five years on an annual basis for the purpose of appearing in the Professional Programme (Final) examination.||Law courses are available as integrated 5-year degrees such as B.A, LL.B (Honours)/BBA, LL.B (Honours)/B.Sc., LL.B (honours) or as 3-year LL.B. Many universities in India offer these courses.|
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FAQs on Doing Law and Company Secretary Both
Q1. Is it allowed to pursue both CS and LLB Together?
Yes, it is allowed and also a good career option to pursue both CS and LLB together. CS and LLB can be a good combination as both are from Law Backgrounds.
Q2. Can CS and LLB be a good career option?
Yes, it is a very good option and you should go for it if time permits and you can handle studying long hours.
Q3. Can a lawyer work as a company secretary?
Company Secretaries for public corporations must be either a lawyer, an accountant, or have the Institute certification. With a degree from the Institute of Company Secretaries of India(ICSI), almost anybody may work as a company secretary for a private company.