Public Sector Undertaking (PSU)

 OVERVIEW 

A Public Sector Undertaking (PSU) is a type of commercial organization where the majority ownership of shares, usually at least 51%, is held by either the central government, a state government, or both jointly. These entities are significant in size and scope, often operating in sectors critical to national infrastructure, such as energy, telecommunications, and transportation.

PSUs play a crucial role in the economy by providing essential goods and services, generating employment opportunities on a large scale, and contributing to the government's revenue through dividends and taxes. Due to their public ownership structure, PSUs are subject to stringent regulatory oversight and accountability measures to ensure transparency and efficient operation.

Moreover, PSUs typically maintain substantial legal departments staffed with qualified professionals. These legal teams handle a wide range of responsibilities, including compliance with regulatory requirements, contractual agreements, dispute resolution, intellectual property protection, and legal representation in litigation matters. The presence of a strong legal framework within PSUs is essential for safeguarding their interests and maintaining legal compliance while supporting their strategic objectives in the marketplace.

COMPANY WHERE YOU GET JOB

Oil India Limited (OIL), Bharat Heavy Electricals Limited (BHEL), The Oil and Natural Gas Corporation (ONGC), National Thermal Power Corporation Limited (NTPC), Indian Oil Corporation Limited (IOCL), Power Grid Corporation of India Limited

Minimum Required: 

Eligibility Law graduate

Maximum Age Limit:

30 years

Job Location: 

Across India 

Total Vacancies:

11 (Tentative)

ELIGIBILITY CRITERIA 

Each PSU has unique eligibility requirements that candidates must meet for recruitment. Listed below are some common conditions for PSU recruitment via CLAT:

- Completion of B.A.LL.B/LLB, whether it's a 3-year or 5-year program

- Passing CLAT PG 

- Meeting age criteria specified by the PSU

SYLLABUS 

For the position of Legal Adviser in Public Sector Undertakings (PSUs), the syllabus typically focuses on legal knowledge and aptitude relevant to the job responsibilities. Here's a structured outline of what the syllabus generally includes:

1. Constitutional Law

- Constitution of India: Historical background, preamble, fundamental rights, directive principles of state policy, fundamental duties, and amendments.

- Indian Federalism: Distribution of legislative powers between the Union and the States, President, Governors, Council of Ministers, and Judiciary.

2. Administrative Law

- Principles of Natural Justice

- Administrative Tribunals

- Delegated Legislation

- Judicial Review of Administrative Action

3. Company Law

- Companies Act, 2013: Definitions, types of companies, memorandum, articles of association, shares, directors, meetings, winding-up, and corporate governance.

- Securities and Exchange Board of India (SEBI) regulations.

4. Contract Law

- Indian Contract Act, 1872: Formation of contract, performance, breach, remedies, and special contracts.

- Specific Relief Act, 1963: Specific performance, injunctions, and quasi-contracts.

5. Law of Torts

- Tortious liability, negligence, nuisance, defamation, and remedies.

- Consumer Protection Act, 2019.

6. Labour and Industrial Law

- Industrial Disputes Act, 1947: Disputes, strikes, and lockouts.

- Factories Act, 1948: Health, safety, welfare, and employment conditions.

7. Intellectual Property Rights (IPR)

- Patents Act, 1970

- Copyright Act, 1957

- Trademarks Act, 1999

8. Environmental Law

- Environment Protection Act, 1986

- Wildlife Protection Act, 1972

- Forest Conservation Act, 1980

9. Constitutional and Administrative Law

- Basic structure of the Constitution of India

- Powers and functions of various constitutional bodies

- Judicial review and its limitations

10. Legal Reasoning and Aptitude

- Legal reasoning skills

- Interpretation of statutes

- Case laws and precedents

Note:

- The syllabus for Legal Adviser positions in PSUs may vary slightly depending on the specific PSU and the nature of its operations.

- It is advisable to refer to the official notification or website of the PSU for the most accurate and detailed syllabus.

- Along with theoretical knowledge, candidates should also focus on practical aspects and recent developments in law, especially those relevant to corporate and commercial sectors.

Preparing comprehensively in these areas will help candidates effectively tackle the legal sections of PSU examinations for Legal Adviser positions.

Now start preparing for your CLAT PG and get this respected jobs.

"STAY MOTIVATED"