Four-Day Residential Training Programme on COMPANIES ACT 2013 : ISSUES AND CHALLENGES (With Companies (Amendment) Act 2015) June 23-26, 2015 Jointly Organised By SCHOOL OF CORPORATE LAW & CENTRE FOR RESPONSIBLE CORPORATE GOVERNANCE INDIAN INSTITUTE OF CORPORATE AFFAIRS (IICA) PLOT NO-P-5,6,7 & 8, SECTOR -5 IMT MANESAR, DIST GURGAON, HARYANA-122050 “Knowledge Partner” About IICA Indian Institute of Corporate Affairs (IICA) has been established by the Union Ministry of Corporate Affairs (MCA), Government of India, to act as a think-tank and centre of excellence to support the growth of the corporate sector in India through an integrated and multi-disciplinary approach. The state-of-the-art campus of IICA is located at Manesar, Haryana. IICA offers capacity building and advisory solutions to the Government, Statutory Authorities, Private Sector and other stakeholders through its various Schools, Centres and Foundations. It organises tailored programmes for ministries, departments, companies or other stakeholders that seek to provide training as per their requirement. Apart from specialized training, the Institute continues to play an important role in education and awareness through creation of focused and highly specialized contents/material for public dissemination as well as seminars and workshops on topics that are of current relevance. About the Programme Enforcement of the Companies Act, 2013 commenced in 2013 with an objective to reduce the administrative and regulatory burdens on companies; good governance, ensure the companies would move in a progressive manner; have a fair, modern and effective framework of company law which is crucial to economic development. It is a modern legislation, which has a strong and modern regulatory mechanism, which will have a substantial impact on the functioning of the directors and officers within the effective corporate governance system. The new Act also requires the board of directors of the company to discharge their corporate social responsibilities by way of statutory regulation as part of their duties. However, it was observed that there are some difficulties and large number of issues need to be addressed in Companies Act, 2013. In order to remove these difficulties the Companies (Amendment) Act, 2015 has been passed. This Act has made significant changes and removal of various practical difficulties in relation to insolvency, audit committee and RPTs in line with the principle of "ease of doing Business". These changes pose issues in relation to limit on disclosure of information to government by chartered accountants, provision in relation to meeting of the companies etc. Thus, the Government is very serious in considering the voice of the stakeholders and is ready to go for the change if the suggestions are logical. This training programme aims to discuss the major provisions of the Companies Act 2013 and rules thereunder. It also aims to critically analyze the provisions of Companies Act 2013 for the furtherance of corporate governance. Thematic area of the Training & Highlights º One Person Company/Liberal procedure for mergers and acquisitions; º Shareholder Empowerment/activism, Class action suits; º Directors appointment, removal, specific duties and liabilities; º Statutory regulatory mechanism for Corporate Social Responsibility; º New procedure for related party transactions; Corporate Governance practices º Insider Trading: Issues and Challenges º New trends in corporate finance; º Corporate Insolvency º Companies Act for Financial Institutions º E-Governance & Companies Act º Incorporation of statutory duties and responsibilities to independent directors; º Machinery to curb corporate frauds; SFIO º New compliances in the area of accounts and audit and new procedure relating to corporate insolvency º Accounting and Auditing StandardsUnderstanding of Financial Statements, Analysis of financial statements, funds flow & cash flow statements º Relevant Accounting Standards (AS) and Auditing and Assurance, Standards (AAS) & Understanding Auditors Reports º Financial Statement; Frauds DetectionEarnings Management and Case Studies Four-Day Residential Training Programme on COMPANIES ACT 2013 : ISSUES AND CHALLENGES (With Companies (Amendment) Act 2015) June 23-26, 2015 Target Audience Registration Fee IICA proposes to educate the stakeholders, specially professionals and senior level executives & officers (CEOs, Managing Directors, Independent Directors, the promoters, CS & other officers of legal department, CFO & Accounts and Audit officers) of the financial institutions and banks on various aspects of the new Company Law and to prepare the stakeholders to understand the practical implications of the Act through various teaching, case-study and interactive sessions. The four-day residential training programme, will be held from June 23-26, 2015. Number of Participants will be limited to 40. Professionals, interested in attending this training can register by paying the registration fees as mentioned below: Venue: Indian Institute of Corporate Affairs, Plot No.-P-6,7,8 Sector 5, IMT Manesar, Distt. Gurgaon Haryana-122 050 Important Dates Last Date for Registration: June 22, 2015 Dates of Training Programme: June 23-26, 2015 Training Programme Fee (INR): 20,000/(Inclusive of taxes) Registration Process/How to Apply: Registration: The participants can download the registration form from IICA website: www.iica.in DEMAND DRAFT: The training programme fee may be paid by sending a demand draft in favour of “Indian Institute of Corporate Affairs” payable at New Delhi. The filled in registration form must be enclosed with the demand draft and the same are to be sent to IICA. NEFT: Following are the details for NEFT transfer; please convey the transaction details on the registration form. S. No. PARTICULARS DETAILS 1 Name and address of the Beneficiary. Indian Institute of Corporate Affairs 2 Account Number of Beneficiary 604810210000007 3 Name of the Bank Bank of India 4 The 09 Digit MICR code of the Branch(As appearing on the MICR cheque) 110013052 5 IFSC Code of the Bank Branch BKID 0006048 6 Email ID of Beneficiary ajsharma.iica@gmail.com, sclcrcg@iica.in 7 Contact Number 0124-2290181 Important Instructions All participants will be offered local hospitality, which includes accommodation and food. All correspondence and queries about the programme may be sent to Prof. P.R.R. Nair, Head Centre for Responsible Corporate Governance, IICA & Dr. Vijay Kumar Singh, Head, School of Corporate Law, IICA. º Registration form may be sent to: Prof. P.R.R. Nair, Centre for Responsible Corporate Governance Indian Institute of Corporate Affairs (IICA) Plot No. 6,7,8, Sector 5, IMT Manesar, Gurgaon-122050 Haryana, Tel: 011 24366039, sclcrcg@iica.in, prr.nair@iica.in º º Indian Institute of Corporate Affairs Plot No. P-6, 7, 8 Sector 5, IMT Manesar, Distt. Gurgaon, Haryana-122050 Website: www.iica.in, Email: sclcrcg@iica.in Contact Person: For further details & registration please contact: Dr. Vijay Kumar Singh Associate Professor & Head School of Corporate Law, IICA vrsingh.vk@gmail.com, vijay.singh@iica.in 09891500707 (M) 0124 -2640099 (O) Prof. P.R.R. Nair Head Centre for Responsible Corporate Governance, IICA prrnair.46@gmail.com, sclcrcg@iica.in 9868270734 (M) 011 - 24366039 (O) Mr. Biranchi N.P. Panda Sr. Consultant - CRCG, IICA biranchi@iica.in, 09953079450 (M)