SCOPE and ICSI create awareness on recent changes under the companies act

NEW DELHI: Standing Conference of Public Enterprises (SCOPE) in association with The Institute of Company Secretaries of India (ICSI) organized an Interactive Program on “Recent Changes under the Companies Act 2013”. Mr. Ranjeet Pandey, President, ICSI, Mr. Atul Sobti, Director General, SCOPE and Mr. S. Sakthimani, Director (Finance), CCI addressed the inaugural session. The session was attended by a large number of  senior executives from over 50 public sector enterprises from across the country.

 

Mr. Ranjeet Pandey, President, ICSI  discussed the way process for good corporate governance in PSEs. He focused on the usage of artificial intelligence in the compliance management as well as compliance monitoring.

 

Mr. Atul Sobti, DG, SCOPE mentioned that the   new Companies Act makes the corporate model citizens of the country with equal importance to ‘good’ profit and governance. He outlined that amendments in the Companies Act  attempts to strike a balance between ease of doing business and corporate governance. Mr. S. Sakthimani, Director (Fin), CCI emphasized on rules and regulations relating to Companies Amendment Act,  2019 including  independent directors.