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Roundtable session (Review Meeting) of the Accredited Institutions

The review meeting of the Accredited Institutions of NFCG was held on March 26, 2007 at The Taj Mahal Palace & Tower, Mumbai.

The review meeting was attended by the following representatives of the accredited institution (including representatives of two adhoc Accredited institutions):-

The representatives of Indian Institute of Management, Ahmedabad and Indian Institute of Management, Lucknow, could not attend this meeting due to prior engagement.

The Core Group members i.e. Mr. Pawan Kr. Kumar, Mr. Vijay Kapur, Mr. Balwant Kulkurni and Mr. Chandrajit Banerjee, also attended the meeting.

The meeting was presided over by Mr. Chandrajit Banerjee and Mr. Pawan Kr. Kumar

Each of the Acceredited institutions made a brief power point presentation on the following issues:-
  • Initiative undertaken by Institutes in field of Corporate Governance in year 2006-07.
  • Work plan for 2007-08, in Research and the methodology to be used therein (in brief)
  • Work plan for 2007-08, in Seminar/conference/workshop
  • Work plan for 2007-08, in Orientation programme on Director/ teacher (faculty) training programme
  • Declamation Contest, if any
  • Intended Outcomes and deliverables in each of the above categories.
The presentation was followed by discussion session between the Core Group members and the representative of the Institutes.

Apart from extensive interaction and discussion between the Core Group members and the representatives of the accredited institutions on the work plan, the institutes have suggested following issues for the consideration of the Core Group: -
  • In the research works/ case study carried out by Institutes under the NFCG banner, it was suggested that in place of NFCG having sole Intellectual property rights (including copyright) on it, there should be joint Intellectual property rights on the research work /case study between NFCG and the relevant Institute.
  • The proposals approved by the BoT of NFCG, should be hosted in the website, from time to time.
  • NFCG to also consider granting financial grants in the area of Database development
  • As there is no proper Indian vehicle of publication on Corporate Governance, it was suggested to start with a Journal on Corporate Governance on quarterly basis.
  • The Accredited Institutes, in the next the Review Meetings, will give a comparison between promised outcomes/deliverables of the projects and actual outcomes and deliverables, in a measurable manner. This will enable the Core Group to evaluate the work of the Accredited Institutions during the period.
The Core Group agreed to look into the aforesaid issues and revert back.

The Accredited institutes appreciated the initiative taken by the NFCG is organising this review meeting and providing them with good opportunity to interact and network with the core group members and other Institutions, stated that they are committed to work with the NFCG in whatever way desired by the Foundation towards promoting the vision and mission of NFCG.

Prof. Balsubramanian proposed to the Core Group to host the next such meeting on Campus in Bangalore, whenever the NFCG decides to convene.

The Core Group members expressed thanks to the Accredited Institute for the presentation and the support extend by them to NFCG.

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