The 15th National conference of Practising Company Secretaries themed on ‘The facilitator for Corporate Growth’ was held recently in Mumbai. While addressing the conference, G Padmanabhan, executive director, Reserve Bank of India said: “The Institute of Company Secretaries of India(ICSI) is nurturing professionals that are actively engaged in issues to enhance governance in the corporate sector as well as in the securities markets, the two vital growth engines of the economy.”
Talking about growth and development of corporate sector, CS R Sridharan, president, ICSI said: “When we talk about getting better, we essentially talk about opportunities and attendant challenges being unfold in the present and the capacity to look beyond. When we look into future the present become guiding factor. The ‘present’ professional situation having been settled down, now is time to work towards the seizing opportunities without any anxieties in mind.”
Padmanabhan impressed by the New Companies Act 2013 and said that the new law introduces changes and updates to various aspects relating to companies and their operations, including accounting, auditing, corporate governance, etc. Practising company secretaries will soon move to the centre of the corporate world. Other members present at the conference included CS Vikas Y Khare, CS Anil Murarka, former president and council member, ICSI etc