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1st National Conference on Corporate Governance Trends in India
18 October 2004 : Jacaranda Hall, India Habitat Centre, New Delhi

Ministry of Corporate Affairs (MCA) and the Confederation of Indian Industry (CII) in partnership with the Institute of Company Secretaries of India (ICSI) and the Institute of Chartered Accountants of India (ICAI) has set up the National Foundation for Corporate Governance (NFCG).

Under the aegis of NFCG, CII along with MCA and World Bank had organised a daylong Conference, ‘1st National Conference on Corporate Governance Trends in India’ on 18 October 2004 at New Delhi. Mr Prem Chand Gupta, Hon’ble Minister, Ministry of Company Affairs, Government of India inaugurated the Conference. Ms. Komal Anand, Secretary, Ministry of Corporate Affairs, Government of India, delivered the Special Address, and Mr. Michael Carter, Country Director – India, the World Bank, spoke on the recent World Bank’s Corporate Governance country assessment of India. Later in the Conference, Dr. Sheela Bhide, Joint Secretary, Ministry of Corporate Affairs, Government of India, deliberated on the theme and chaired one of the sessions.

Apart from the Inaugural session, the Conference was divided into two other sessions. Session 1 deliberated upon ‘ World Bank report on the Observance of Standards and Codes: Key Findings on Corporate Governance’. Ms. Mierta Capaul and Ms. Varsha Marathe from World Bank, and Mr. Vipul Prakash from IFC made the presentations.

In Session 2 – ‘Corporate Governance Audit: Issues and Challenges’, presentations were made by Mr. Amar Gill of CLSA Ltd, Mr. J. Ravichandran of NSE, Mr. Anjan Ghosh of ICRA, and Ms. Roopa Kudva of CRISIL. Mr. Chanrdajit Banerjee, ED – NFCG and Sr. Director – CII, proposed a vote of thanks and summarised the proceedings.

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