corporate governance

In continuance of its commitment to good corporate governance, the Institute of Company Secretaries of India (ICSI) bestows the ICSI National Award for Excellence in Corporate Governance every year on the Best-Governed Companies in India. Full Article

The government is considering issuing new corporate governance guidelines by including good practices like tax compliance, to companies for voluntary adoption, Corporate Affairs Minister M Veerappa Moily said today. He said during Question Hour in Rajya Sabha that the Voluntary Guidelines for good corporate governance were old as they were issued in 2009 and did not include tax compliance. Full Article

The Companies (Amendment) Act, 2000 has inducted good corporate governance [CG] leading to more transparent, ethical and fair business practice to be adopted by corporates at large. The following are the provisions which have brought good CG: Section 217(2AA) dealing with Directors’ Responsibility Statement [DRS] to be included in the Directors’ Report Full Article

‘Integrity is the foundation on which all other avenues are built’ said Hon’ble Justice R C Lahoti, Former Chief Justice of India at Power Breakfast on “Corporate Governance and Integrity” which was the first event of the ‘First ICSI Corporate Governance Week’ jointly held by Institute of Company Secretaries of India (ICSI) and Transparency International India. Full Article

Corporate Affairs Minister M. Veerappa Moily took charge of his new portfolio here early Wednesday and said the passage of a new bill to replace the 55-year-old Companies Act and issues of corporate governance were his top priorities. Moily also brushed aside suggestions that he was unhappy with the way he was treated by Prime Minister Manmohan Singh and Congress president Sonia Gandhi and shifted out of the ministry of law and justice -- a portfolio he was rather confid.. Full Article

As a part of the Green Initiative in Corporate Governance taken by the Ministry of Corporate Affairs by allowing paperless compliances by the companies, the Council of the Institute has decided to send the Audited Accounts and Report of the Council for the Financial Year ending 31st March, 2011 to the members of the Institute pursuant to Sub-section (5B) of Section 18 of the Company Secretaries Act, 1980 through e-mails. The Audited Accounts and the Report will also be .. Full Article

The Indian economy has expanded at a rapid rate during the current decade and the corporate sector has been the biggest contributor in this growth story.  A significant feature of this growth is the increasing integration of the Indian corporate economy into the global business environment.  While the Ministry of Corporate Affairs is working towards [...] Full Article

The process of organizing the 11th ICSI National Award for Excellence in Corporate Governance 2011 which was instituted in the year 2001 by the Institute of Company Secretaries of India has commenced. The Award aims to identify corporates which best establish and follow good corporate governance norms in letter and spirit. The award is based on the outcome of concerted and comprehensive process which includes the evaluation of responses of the participating companies to .. Full Article