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Theme: Successive regulatory developments have revamped the business environment in India. Rapidly rising attention to the quality of governance in the country and the demand for accountability and responsibility in corporate behavior has rendered ‘governance of corporations’ a central item on the public policy agenda. In addition to the various successful initiatives of the Ministry of Corporate Affairs to uphold the integrity and productivity of the country’s economy, the Ministry has consistently promoted competition and also facilitated alternative business models such as Limited Liability Partnership. The objective of the National Conclave is to understand the role of the Ministry as that of policymaker, enforcer, and overseer in the realm of corporate governance and encourage partnership with the corporates, professionals and other stakeholders. The objective is to initiate constructive discussion among the many constituencies affected by the multiple roles that government plays in ‘corporate governance’. |
Welcome Address Mr Arun Maira Chairman, CII National Council on Corporate Governance and Regulatory Framework & Chairman, The Boston Consulting Group Speech Transcript |
Theme Address Mr. Anurag Goel Secretary, Ministry of Corporate Affairs Government of India Speech Transcript |
Keynote Address Mr. Sunil Bharti Mittal President, CII & Chairman and Group CEO, Bharti Enterprises Speech Transcript |
Inaugural Address by Chief Guest Mr Prem Chand Gupta Hon’ble Minister of Corporate Affairs, Government of India Speech Transcript |
Concluding Remarks Lt Gen S S Mehta Director General, Confederation of Indian Industry Speech Transcript |
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Theme: Proficient leadership by the corporate sector builds public confidence in the capital market and ensures its dynamic growth. Government action, in the form of reformed regulatory systems, improved auditing and strengthened law enforcement reinforces the trust. The Ministry of Corporate Affairs has the important responsibility of shaping an effective regulatory framework and responding to expectations of shareholders and other stakeholders without stifling the dynamism that underlies a growing economy. The discussions during the session shall focus on the Ministry’s recent innovations in regulatory design to address this challenge and offer an improved understanding of the impact of regulation and implementation of regulatory strategies. Underlying these discussions are fundamental policy issues about the role of government in corporate governance. |
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Session Chairman Mr Arun Maira Chairman, CII National Council on Corporate Governance and Regulatory Framework & Chairman, The Boston Consulting Group Speech Transcript |
Address Mr Jitesh Khosla Joint Secretary, Ministry of Corporate Affairs, Government of India Speech Transcript |
Address Mr. O. P. Vaish Senior Advocate, Vaish Associates Speech Transcript |
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Theme: Global business environment calls for new corporate governance practices, as there is a demand for greater accountability today. One of the biggest contributions that the Ministry of Corporate Affairs has made in field of corporate governance has been in ensuring that investors have 24X7 online access to timely, accurate, and relevant financial and other information concerning corporate performance, as well as to other relevant and material information that will allow them to make rational decisions. The availability of online information has in turn facilitated the capital market to efficiently perform its function of price discovery. Speakers during the session would discuss the role of technology as the key enabler of compliance. |
Session Chairman Mr Subhash Bijlani President, Magnus Consulting Speech Transcript |
Address by Mr Y S Malik Joint Secretary, Ministry of Corporate Affairs, Government of India Speech Transcript |
Address by Mr. Sandeep Kanwar Chief Financial Officer, HCL Infosystems Limited Speech Transcript |
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Theme: One of the major responsibilities of the board of directors is to ensure that shareholders and other stakeholders are provided with high-quality disclosures on the financial and operating results of the entity. The quality of financial disclosure depends significantly on the robustness of the financial reporting standards on the basis of which the financial information is prepared and reported. To ensure comparability of financial statements and to provide meaningful disclosures, the Ministry of Corporate Affairs has instituted the National Advisory Committee on Accounting Standards and based on its advice has prescribed 28 Accounting Standards till date for potent and transparent financial reporting by corporates. This session of the conclave would deliberate on recent trends in corporate disclosure practices and review the role and effectiveness of audit committees, internal controls and audit, risk management systems, audit processes. |
Keynote Address by Session Chairman Mr S Mahalingam Chief Financial Officer, Tata Consultancy Limited Speech Transcript |
Address by Mr T N Manoharan Partner, M/s Manohar Chowdhry & Associates Speech Transcript |
Address by Mr. Rajendra Prasad President & CFO, SRF Limited Speech Transcript |