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Hiring Now: Legal Intern (Graduates Only) | Volody (Mumbai Metropolitan Region)

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Hiring Now: Legal Intern (Graduates Only) | Volody (Mumbai Metropolitan Region)

If you’re a recent law graduate ready to explore opportunities in corporate law, contracts, and legal technology, here’s your chance to launch your career with one of India’s leading legal tech innovators — Volody. The company is inviting applications for the role of Legal Intern (Graduates Only) for its Mumbai Metropolitan Region office. This is an on-site internship designed to give fresh law graduates hands-on exposure to the world of Contract Lifecycle Management (CLM) and corporate legal operations.

About Volody

Founded in 2015 by Poonam Sharma and Dinesh Sharma, Volody is a Mumbai-based technology company specializing in Contract Lifecycle Management (CLM) software. The platform helps businesses streamline the entire contract process — from drafting, negotiation, approval, and execution to post-signature compliance — using intelligent automation.

Despite being an unfunded startup, Volody has successfully carved a niche in India’s legal tech ecosystem through innovation and consistent value delivery. Today, it is recognized as one of the most trusted names in AI-driven contract management, supporting legal, procurement, and compliance teams across industries.

The company’s mission is simple yet transformative — to digitize and automate legal processes, empowering businesses to manage risk efficiently while saving time and resources.

About the Internship

The Legal Intern (Graduates Only) role at Volody is ideal for recent law graduates who want to develop their expertise in non-litigation legal work, particularly in areas like contract drafting, corporate compliance, and legal documentation.

This on-site internship offers a unique opportunity to work closely with Volody’s legal and product teams and gain direct exposure to Contract Lifecycle Management tools, corporate legal operations, and legal automation systems that are shaping the future of the legal industry.

You’ll not only get to apply your legal knowledge in practical, business-oriented contexts but also learn how technology is transforming the way in-house legal departments function.

Position Overview

  • Position Title: Legal Intern (Graduates Only)
  • Location: Mumbai Metropolitan Region (On-site)
  • Type: Internship (Graduates Only – Not open to current students)
  • Mode: On-site (mandatory)
  • Vacancies: Not specified (multiple openings possible)

This internship is designed for law graduates who wish to build careers in corporate and compliance law while developing skills that align with the future of legal work.

Eligibility Criteria

To qualify for the Legal Intern (Graduates Only) role at Volody, applicants must meet the following requirements:

  • Law graduates only — applicants must have completed their LL.B. or BA LL.B. (current students are not eligible).
  • Strong interest or prior exposure to non-litigation areas such as contract drafting, compliance, or corporate law.
  • Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
  • High level of attention to detail, organizational ability, and proactive work ethics.
  • Basic understanding of or willingness to learn Contract Lifecycle Management (CLM) tools.
  • Must be available for on-site work in Mumbai; remote work options are not available for this position.

Applicants with previous experience or internship exposure in contract management or corporate legal research will be given preference.

Key Responsibilities

As a Legal Intern (Graduates Only) at Volody, you will:

  • Conduct legal research on corporate law, data protection, and compliance topics relevant to the company’s product and client base.
  • Draft, review, and analyze contracts and other legal documents under the supervision of senior legal professionals.
  • Assist the legal team in managing the contract lifecycle — including drafting templates, tracking changes, and ensuring proper documentation.
  • Support the team in regulatory and compliance activities, maintaining up-to-date records and legal databases.
  • Collaborate with internal departments (sales, operations, and technology) to ensure alignment with legal and policy frameworks.
  • Participate in discussions on legal automation tools and help identify process improvement opportunities within contract workflows.

This internship is perfect for graduates eager to explore the corporate and technology-driven side of law rather than traditional litigation practice.

Mode & Work Details

  • Work Mode: On-site only (no remote options)
  • Location: Mumbai Metropolitan Region
  • Work Environment: Dynamic, collaborative, and innovation-driven
  • Mentorship: Guidance from experienced legal professionals in corporate and tech law

Interns will work directly with Volody’s legal and compliance teams, gaining insight into how AI and automation are revolutionizing legal operations.

What You’ll Gain

By joining Volody as a Legal Intern (Graduates Only), you’ll benefit from:

  • Hands-on experience with cutting-edge legal technology platforms.
  • Exposure to corporate legal workflows, including compliance, contracts, and risk management.
  • A strong understanding of how digital transformation is shaping the legal landscape.
  • Mentorship and practical learning from legal experts in the CLM space.
  • Enhanced career prospects in corporate law and legal operations.

This internship bridges the gap between traditional legal education and modern legal industry requirements, giving you skills that are in high demand globally.

Why Join Volody?

Volody isn’t just another startup — it’s a company redefining how businesses handle legal processes. By joining Volody, you’ll be part of a passionate team building AI-powered solutions that make legal work faster, smarter, and more efficient.

Working here means being at the intersection of law and technology, where innovation drives everything. It’s the perfect environment for ambitious graduates who want to be part of the future of legal operations.

How to Apply

If you meet the eligibility criteria and are ready to begin your professional journey in corporate law and legal tech:

Email your CV to suzette@volody.com with the subject line:
“Application for Legal Intern (Graduates Only) – Volody”

Applications are reviewed on a rolling basis, so early applicants will be prioritized.

Conclusion

The Legal Intern (Graduates Only) position at Volody is a fantastic opportunity for law graduates to transition from academics to a fast-paced, innovation-driven corporate environment. If you’re eager to combine your legal knowledge with technology and gain valuable corporate law experience, this is the role for you.

Apply today to join Volody and take the first step toward a career in legal tech and corporate law.

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Law Drishti »Company Law » Evolution of Company Law in India: A Complete Historical Overview

Evolution of Company Law in India: A Complete Historical Overview

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The Evolution of Company Law in India

Company law is one of the most crucial foundations of the corporate and economic structure of a country. In India, company law has developed over more than a century, adapting to changes in business practices, legal standards, and economic policies. This article presents a complete and in-depth historical explanation of how company law evolved in India, starting from colonial regulations to the enactment of the Companies Act, 2013.

1. Early Company Legislation in India

The roots of company law in India can be traced back to British rule. Indian laws followed English legal models very closely in the beginning.

1850: First Law for Registration

The first ever legislation relating to company registration in India was passed in 1850. It was modelled on the English Companies Act of 1844. However, this law did not grant the benefit of limited liability. The focus was only on providing a legal mechanism for companies to register as joint-stock enterprises.

1857: Introduction of Limited Liability

Limited liability was introduced through an amendment in 1857. This change allowed company members to limit their personal risk to the value of their shares. However, banking companies were kept outside this provision — their members continued to have unlimited liability.

1858: Extension to Banking Companies

In 1858, limited liability was extended to include banking companies as well. This marked a significant development in Indian corporate legislation.

1866: A Consolidated Legal Framework

A more consolidated Companies Act was passed in 1866. It aimed to regulate the formation, governance, and winding-up of trading companies. This law was heavily influenced by the English Companies Act of 1862.

1882: Law Recast

In 1882, the law was rewritten again to bring it in line with the then-current English legislation. This remained the central company law in India until 1913.

2. The Companies Act of 1913

A major leap in Indian company law came with the enactment of the Companies Act of 1913. This Act was based on the British Companies Consolidation Act of 1908. It applied to all incorporated companies operating in India and laid down comprehensive provisions for company formation, governance, and dissolution.

Several amendments were made to this Act in the following years — including 1914, 1915, 1920, 1926, 1930, and 1932 — culminating in a major revision in 1936 that aligned Indian company law with the English Act of 1929.

3. Post-Independence Reforms and the Companies Act, 1956

After India gained independence in 1947, the government began a detailed review of the existing company law. In 1950, a special committee was set up under the chairmanship of Shri H.C. Bhabha. After consulting stakeholders across the country and analyzing the structure of corporate law, the committee submitted its report in 1952.

The result was the Companies Act, 1956 — a thorough and well-structured law that regulated all aspects of company operation in India. It was based partly on the English Companies Act of 1948 but was tailored to suit Indian business and legal conditions.

The Act governed:

  • Incorporation of companies
  • Capital structure
  • Directors and board governance
  • Auditing and accounting
  • Company meetings and procedures
  • Investigation, penalties, and winding-up

It remained the cornerstone of Indian corporate law for nearly 60 years and was subject to numerous amendments over time.

4. Growth of Corporate Governance: Reforms After 1991

India’s economic liberalization in 1991 changed the way businesses operated. With increased foreign investment, privatization, and competition, the need for stronger and more flexible company law became urgent.

Attempts to Replace the 1956 Act

Several drafts were introduced in Parliament:

  • The Companies Bill, 1993, which was eventually withdrawn.
  • The Companies (Amendment) Act, 1996, aligned Indian company law with new financial instruments like depository systems.

In 1996, a working group was appointed to draft an entirely new law. However, even while the new law was in progress, some pressing reforms were introduced through amendments and ordinances between 1998 and 2002.

5. Key Developments Between 2000 and 2006

The early 2000s saw important changes in corporate regulation:

  • The Companies (Amendment) Act, 2000 introduced better corporate governance practices.
  • A new provision in 2001 allowed the board of directors to approve buybacks of up to 10% of paid-up capital and reserves.
  • In 2002, a new category called Producer Companies was introduced.
  • The Second Amendment Act of 2002 created the National Company Law Tribunal (NCLT) and Appellate Tribunal, paving the way for faster dispute resolution and liquidation processes.

These changes focused on efficiency, investor protection, and better regulatory mechanisms.

6. Introduction of E-Governance and Identification Systems

In 2006, company law was updated to include:

  • Director Identification Numbers (DIN) for better monitoring and tracking of individuals involved in multiple companies.
  • Mandatory electronic filing of documents and returns through the Ministry of Corporate Affairs portal.

7. Enactment of the Companies Act, 2013

After years of consultation and drafting, a completely new and modern Companies Act was passed in 2013. It replaced the Act of 1956 and introduced many structural changes.

Key Features of the 2013 Act:

  • One Person Company (OPC): A single individual could now register a company with limited liability.
  • Corporate Social Responsibility (CSR): Certain companies were required to spend a minimum percentage of their profits on CSR initiatives.
  • Class Action Suits: Investors and depositors were given the right to sue companies for wrongful acts.
  • Independent Directors: Clear rules were laid down for board independence in listed companies.
  • Stronger Provisions Against Fraud and Insider Trading

The 2013 law was written in a more concise and modern structure, with a greater focus on disclosure, compliance, and accountability.

8. Companies (Amendment) Act, 2015: Simplifying Corporate Structure

The 2015 amendment was aimed at reducing regulatory burden and making business easier to conduct.

Major changes included:

  • Elimination of the minimum paid-up capital requirement for starting a company.
  • Making common seal optional.
  • Relaxation of rules around related party transactions and shareholder approvals.
  • Simplified dividend rules and streamlined processes for board meetings and filings.
  • Enhanced powers for courts to grant relief in fraud-related cases.

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