Since Business operates in the legal and regulatory environment corporate executives and managers must understand the legal implications of their operating decisions. Understanding Business laws is vital to discharge their functions effectively.
The participants will be able to
- Develop an understanding of important laws affecting the business
- Improve quality of decision
- Improve the speed of execution
- Ensure legal issues are not overlooked
- Compliance is ensured and procedures followed with discipline.
- Legal Formulation of Contracts and Administrative Resolutions.
- Practical Knowledge of following
- The Indian contract Act ,1872, Sale of goods Act, 1930, Negotiable instruments Act,1881
- Understanding the significant role of proper and accurate determination of contract specifications, throughout the procurement cycle.
- To assess the legal importance of contract specifications, besides the strategic significance of the “Invitation to tenders” process.
Legal Awareness
- Legal vs. Compliance vs. Risk
- Role of legal in corporate decision-making
- When to escalate to the legal department
Contract Fundamentals for Non-Legal Roles
- Essentials of a valid contract
- Key clauses: indemnity, warranties, breach, jurisdiction
- Reading and interpreting vendor/customer agreements
- Red flags in everyday contract language
Legal Risks by Department
- Finance & Accounting
- Financial reporting liabilities
- Compliance with Companies Act, SEBI, tax laws
- Understanding indemnities and guarantees in financial documents
- Legal risks in investor reporting, M&As, and fraud
- Human Resources
- Employment laws and termination risk
- POSH (Prevention of Sexual Harassment)
- HR documentation and confidentiality obligations
- Workplace investigations and legal defensibility
- Procurement & Supply Chain
- Supplier contracts and liability clauses
- Force majeure, penalties, and delivery terms
- Vendor due diligence and anti-bribery rules
- Negotiating SLAs with legal foresight
- Operations & Projects
- Regulatory compliance in projects
- Licensing, permits, and environmental laws
- Legal disputes over timelines and quality
- Liability in outsourcing and partnerships
Communication & Documentation with Legal Implications
- Legal risks in emails and memos
- Maintaining audit trails and evidence
- Avoiding unintended contract formation via email
Identifying Legal Red Flags in Business Processes
- Red flags in vendor selection, audits, HR cases, etc.
- Use of checklists and escalation protocols
- Risk-based decision making
COURSE SCHEDULE & FEES
2:00 PM to 5:00 PM
Training Session
Online
Online Session
6252
Inclusive of all taxes
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INCOMPANY/GROUP TRAINING REQUEST
Why Choose Our Incompany Program?
- 🎯 Tailored content specific to your business goals
- 👥 Train entire teams together, saving time and cost
- 📍 Delivered at your location or virtually
- 📅 Flexible scheduling to suit your timelines
- 📈 Increase retention and application of skills