The Company Secretaries Benevolent Fund (CSBF), established by the Institute of Company Secretaries of India (ICSI) organised ‘CSBF Cultural Evening’ in the Capital recently. Many dignitaries facilitated the event including Justice Jayant Nath, Delhi High Court; Justice Dilip Raosaheb Deshmukh, chairman of Company law Board; C S Verma, chairman, Steel Authority of India limited (SAIl) and PK Malhotra, secretary, department of legal Affairs, Ministry of law and Justice.
While addressing the gathering, Justice Jayant Nath, Delhi High Court emphasised that the Company Secretaries should be the agents of change that is required in the corporate governance scenario globally. Whereas Justice Dilip Raosaheb Deshmukh, chairman, Company law Board said that Company Secretaries having a special status in society, must vigorously engage themselves in human endeavours.
The Padma Shri Shekhar Sen performed a mono act of Swami Vivekananda to give an insight in the life journey of Swami Vivekananda. PK Malhotra, secretary, Department of legal Affairs, Ministry of law and Justice said that it should be the paramount aim of any organisation to win the confidence, respect and affection of its members by assuring them that the organisation is concerned about the well-being of its members and their families.
He complimented the CSBF and said that about four four decades of its successful functioning, it’s an indication of devotion with which the funds is operating. CS Verma, chairman, SAIl emphasised that our society needs more of such initiatives taken by ICSI, to form a fund which can help members and their relatives at hours of distress. This kind of self help initiatives benefit a larger section of society and strengthen the very root of our country.
CS Atul Mehta, president, ICSI and chairman, managing committee, CSBF said that the collective welfare becomes more important in times of distress and need. And that CSBF is one such collective effort towards extending much needed financial support to our brethren in times of distress.