Speakers at the seminar on how to fill the legal and regulatory knowledge gap in business and industry also called for striking a balance between the legal and business approaches of establishments.
It was also concurred at the seminar, organised by the Jindal Global Educational and Professional Academy here, that every strong business or commercial structure should be strengthened by a strong legal foundation to ensure that a business runs smoothly.
On the sidelines of the seminar, former Chairperson of the Competition Commission of India, Dhanendra Kumar, launched the Master of Business Laws Programme at the Jindal Global Law School (JGLS) to address the dynamics of the current corporate environment, where business intersects with law, policy and dispute resolution, a statement issued by the university said.
Michael J Barnes, Director of the programme, said that there was no quicker way to destroy the value of a firm or a brand in the corporate world than transgressing the law.
He said JGLS has opened "a new window of opportunity for adult learners in India".
Disclaimer: No Business Standard Journalist was involved in creation of this content