Governor inaugurates ICSI-SIRC’s 46th Southern India Regional Conference of Company Secretaries

Hyderabad, August 13: Her Excellency Governor Dr Tamilisai Soundararajan inaugurated the two-day ICSI-SIRC’s 46th Southern India Regional Conference of Company Secretaries at Hotel Ramada in Begumpet on Saturday. It is being hosted by Hyderabad Chapter.

The theme of the conference is Governance Professional—“Walk The Talk… to be or not to be”. It is a two-day conference being attended by 350 delegates mainly comprised of the Company Secretary and students from southern states.

The Chief Guest Her Excellency Dr Tamilisai Soundararajan, Hon’ble Governor of Telangana and Hon’ble Lt. Governor of Puducherry while addressing the gathering said a good secretary makes or breaks your career. A lot of us feel blessed when we get a good understanding spouse or a good teacher in an educational institution. The boss and secretary relationship are in no way different. Many of us hear people say they must have done some Punya (good deeds) at previous birth, because of which got good secretary, she added. We spend more time with our secretary than our family members. Similarly, Company Secretaries who are Governance professionals are a blessing to any organisation for their success, she said.

She told many stories from her personal life about how one should get adjusted to situations rather than cursing people and things. All you need to do is start liking what is good in people rather than cribbing about what is not right.

She advised company professionals to keep challenging goals. Referring to what Prime Minister Modi said once when people criticised his lofty goal of achieving a 5 trillion dollar economy when we could achieve just 3 trillion dollars in the entire 70 years of Independence, PM Modi said, it is possible if you keep challenging targets.

Keynote speaker Sriman Satya Gaura Chandra Dasa Swami Ji President – Hare Krishna Movement, Hyderabad appreciated ICSI’s motto “Satyam Vadha, Dharmam Chara”, meaning “Speak the truth and act righteously (walk the path of dharma)” which is adoption from Upanishads, the philosophical-religious texts of Hinduism.

He spoke about the guru-Shishya relationship in the Gurukul school of education where humility was taught as the first lesson. Then Sishya who lived in the ashram used to observe the guru and learn from his deeds. He described ICSI’s motto as a wonderful one.

Speaking further he told me to speak the truth in such a way that it is obliged immediately. When you speak, the words shouldn’t create anxiety in others he said.

Referring to Bhagavadgita, Swamy said it is an Indian contribution to the world’s peace and prosperity.

He gave six parameters for good governance to Governing professionals which include

1. Anubhnadham—before starting any action see if it will lead to future bonding
2. Ksayam(destruction) —see if your action will lead to any destruction
3. Himsam, whether it creates any distress to others
4. Anapeksham, see if your action brings any disregard to statutes
5. Paurusam, don’t be headstrong that I can manage, sometimes it may not be possible to manage. So have some self-sanction on things
6. Mohat, don’t be under the illusion in wrong interpretations

Finally, he told them to practice aachar prachar meaning preach what you practice and not what you don’t practice

Devendra V. Deshpande National President of ICSI described it as the biggest gathering of company secretaries post the Covid.

The theme of ICSI for this year is Company Secretaries as the “Preferred Profession”.

Devendra V. Deshpande, speaking at the inaugural function announced that they were setting up an Arbitration Institute in ICSI Centre of Excellence, Hyderabad, and a Mediation Centre to help company secretaries learn and practice the nuances of the trade. The company is being registered under section 8. It will be launched very soon during the national convention to be held in Kolkata later this year.

Company Secretaries are the best Arbitrators. They are the experts who lead the Board and govern how it functions and formulates policies. They are the best governing professionals available he said.

We will be setting up 20 Arbitration Institutes across the country very soon. Speaking further at the two-day regional conference of the company’s secretaries, he shared a couple of the institute’s initiatives. We would be entering an MoU with the Ministry of Law & Justice, Govt of India to promote arbitration in India.

Good corporate governance is the forte of company secretaries. No one will take away that leaf from us he said. He also said that ICSI is working towards forming standards on good corporate governance.

The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament. It functions under the jurisdiction of the Ministry of Corporate Affairs, Government of India. The Institute, being a proactive body, focuses on the best and top-quality education for students of the Company Secretaries Course and the best quality set standards for CS members. The Institute has over 69,000 members and about three (3) lakh students on its roll. The Institute’s Motto is

सत्यंवद।घर्मंचर।– “Sathyam Vada. Dharmam Chara” meaning, Speak the Truth, Abide by the Law. The Institute’s Vision is “To be a global leader in promoting Good Corporate Governance” and the Mission is “To develop high calibre professionals facilitating good Corporate Governance”

The Institute offers its flagship programme called Company Secretaryship Course.

The ICSI-SIRC organizes a Regional Conference of Company Secretaries every year on current trends and policies of relevance to the corporate sector and the profession of Company Secretaries.

Sekhar Babu, Chairman of SIRC welcomed the gathering. He highlighted the importance of the profession in the corporate world.

Ahalada Rao, Central Council Member of ICSI also spoke on the occasion.

Several past and present office bearers of company secretary’s bodies have also graced the occasion.

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