The Department of Business Administration, in collaboration with the IIC and IEDC, organized a seminar on the topic “Legal Aspects of Startups” on June 27 at Annex Room 19. The objective was to provide participants with insights into the legal formalities necessary when setting up a startup.
The resource person for the session was Ms. Dhanya Paul, company secretary at DV Associates. Ms. Dhanya possesses extensive experience in providing legal services to companies. Her areas of expertise encompass a wide range of subjects, including the Companies Act and other Corporate Laws, Corporate Governance, MSME Development, the setting up of companies, Goods and Service Tax, the Foreign Exchange and Management Act, and Intellectual Property Rights. With her wealth of knowledge in these domains, she brings valuable insights and expertise to the seminar on the legal aspects of startups.
During the seminar, Ms. Dhanya Paul covered various concepts from corporate law and business law, part of the Bachelor of Business Administration (BBA) programme. She discussed the definition of a startup and gave guidance on how to initiate one. Additionally, she emphasized the legal compliances necessary during the formation of a company. Ms. Dhanya Paul also addressed the importance of protecting business firms from fraudulent registrations and provided an overview of the legal remedies available to aggrieved business parties. She also briefly introduced courses like Company Secretary, Chartered Accountant, and CMA (Cost and Management Accountancy), highlighting the benefits of clearing these courses for a better and more stable career.
The resource person answered queries presented by students during the interactive session. The duration of the program was 2 hours. Fifty students and four faculty members attended the seminar. Ms. Ashina Z. was the faculty coordinator, and Ms. Fathima P. S was the student coordinator. Their efforts ensured the smooth organization and execution of the programme, creating a conducive learning environment for all participants.