The Bhubaneswar Chapter of the Institute of Company Secretaries of India (ICSI) organised a national seminar on ‘Secretarial Audit’ on Saturday.
Industries and School and Mass Education Minister Debi Prasad Mishra attended as chief guest of the seminar. He said, “We should have a robust accounting and secretarial procedure for better governance to compete with companies across the globe.”
The experts attending the seminar said a robust system and procedure is required to invite FDI and encourage joint venture projects. Company Secretaries have a greater role to play in this regard.
The experts informed that the Companies Act, 2013 has for the first time introduced Secretarial Audit for listed companies and selected public companies. The Secretarial Audit would be conducted by company secretaries in practice. It would be a great opportunity for the company secretary profession, they added.
Among others, ICSI vice president CS Mamta Binani, ICSI council member SK Agrawala and ICSI Bhubaneswar chapter chairman CS Debadatta Mohapatra participated in the discussion. Delegates from different States participated in the seminar.