17 Jun 2008 ... Shri Mahavir Lunawat, Chairman, Professional Development ... day seminar on "
Corporate Restructuring" on Monday, June 16, 2008, from ... A company
secretary leads secretarial compliance and governance activities of.
The Institute of Companies Secretaries organises FULL DAY SEMINAR ON CORPORATE RESTRUCTURING Shri Mahavir Lunawat, Chairman, Professional Development Committee of ICSI-WIRC, said that ICSI-WIRC is in the process of collecting views/comments/suggestions from the expert and experienced professional Members Mumbai, Maharashtra, June 17, 2008 /India PRwire/ -- The ICSI-WIRC is organised jointly with ICSI-CCRT a full day seminar on "Corporate Restructuring" on Monday, June 16, 2008, from 10.00 am to 6.00 pm at Bajaj Bhawan, Nariman Point, Mumbai - 21. Shri Mahavir Lunawat, Chairman, Professional Development Committee of ICSI-WIRC, said that ICSI-WIRC is in the process of collecting views/comments/suggestions from the expert and experienced professional Members on e-forms based on the problems and issues being faced by them on e-filing. "Key issues including administration, technical, content and information technology related ones would be deliberated amongst professionals and recommendations would be firmed up and submitted to the MCA. We are honoured that key Government officials and senior bureaucrats will be gracing the occasion and participating in the deliberations," said Shri Lunawat. Shri M S Sahoo, Former Director, Capital market Division, Ministry of Finance would be the chief guest. Shri Keyoor Bakshi, President ICSI would also address the gathering. Ms. Nivedita Rao, Partner, Amarchand Mangaldas, Shri Kartik Ganpathy, Head of M & A, Nishith Desai & Associates, Mumbai, Shri Nishchal Joshipura, Senior Member, Nishith Desai & Associates, and Shri Ramesh Laxman, Chartered Accountant, Ramesh Laxman & Co. would deliberate on various technical and process related aspects of corporate restructuring especially mergers, demergers and takeovers. Shri Mahavir Lunawat, Chairman, Professional Development Committee of ICSi-WIRC stated that, "…… lot of steps and complexities are involved in any form of corporate restructuring. In the gamut of entire activities, the role of a 'company secretary' is paramount. A company secretary leads secretarial compliance and governance activities of a corporate. He plays a vital role in any corporate restructuring exercise. Role of a company secretary can be categorized broadly in (1) Obtaining Approvals and Certificates (2) Compliance and due diligence (3) Preparation of Documents and agreements (4) Listing of Securities etc. Lot of certifications / approvals may be required from authorities / intermediaries / outside experts – the company secretary secures all such necessary approvals / certifications. The company secretary carries out due diligence and ensures statutory compliance with the applicable corporate laws…." Shri Lunawat emphasized the need for deliberation and brainstorming on various alternatives of corporate restructuring and how the professionals like company secretaries can perform a value-added role in such exercises. "Various documents / agreements form the nervous system of the entire corporate restructuring exercise. A lot depends upon the drafting and various clauses of these agreements / documents and much depends upon the wit and ability of the company secretary who with his sense of perfection alongwith art of drafting these documents / agreements make this tedious and tricky task a simple affair" – said Shri Umesh Ved, Chairman, ICSI-WIRC The seminar would be attended by corporate executives, compliance officers, practitioners etc. The Delegate Fee for the program for the program is Rs. 1500/ (Inclusive of Seminar Kit). The program is Free for Members of ICSI-WIRC Programme Membership Scheme. For enrollment contact ICSI-WIRC Office at 13 Jolly Maker Chambers No.2, First Floor, Nariman Point, Mumbai – 400021; Tel. No.:22021286 / 22047569 / 22047604; Email -
[email protected] /
[email protected].
Notes to Editor About the ICSI-WIRC
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The Institute of Company Secretaries of India (ICSI) is a statutory body constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 to develop and regulate the profession of Company Secretaries in India. The Institute has its headquarter at NEW DELHI and four Regional Offices at Kolkatta, Delhi, Mumbai and Chennai. Under the jurisdiction of these Regional Offices, 36 Chapters are located in various cities. The Western India Regional Council of the Institute (WIRC) conduct professional development programmes on regular basis, which are attended by professionals from Industrial Houses as well as from Practice. WIRC also carries out value-added research projects and supports the Indian regulators in the process of developing progressive legal framework in the country. Shri Umesh Ved, Chairman, ICSI-WIRC said that WIRC is taking a series of new initiatives and motto for team WIRC this year is to achieve 'Excellence Through Innovation'. For more information, please contact: Ms. Y Karkera Director (L) 022-28699207, 9892474887
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