VADODARA: The scope for company secretaries (CS) has increased tremendously since the formation of National Company Law Tribunal (NCLT) in June last year.

“There are 60,000 cases filed in a year with NCLT while 3.5 lakh cases are pending with the tribunal. In all major cases, the role of CS has become important as they are the ones who have to issue legal notices to recover funds, look into operation mismanagement, file petition in court and act as liquidator as well,” Prakash Pandya, chairman of Western India Regional Council (WIRC) of The Institute of Company Secretaries of India (ICSI), said here on Sunday.

Pandya was in the city to take part in a seminar on the theme of ‘Dimensional role of CS in economic reforms under GST, SEBI and Company Laws’ organized by Vadodara chapter of WIRC of ICSI.

He said the institute has more than 3.5 lakh students enrolled in the CS programme across the country while around 300 students become CS every year.

“As an institute, which has nearly 50,000 CS registered as members, our challenge is to provide them better skills as the role of CS is changing,” he said.

ICSI, which has already formulated secretarial standards for conducting board meeting and general meetings, is now setting new secretarial standards for declaration of dividends.

“Companies follow diverse secretarial practices and therefore there is a need to integrate, harmonize and standardize such practices so as to promote uniformity and consistency,” he said, adding that the secretarial standards for declaration of dividends are meant to avoid the prevalent practice of insider trading among others.


Source link

Tags:

You may also like...

0 thoughts on “‘After NCLT’s constitution, scope of CS has increased manifold’ | Vadodara News”

Leave a Reply

Facebook Page Reviews

Baroda Rocks
5.0
powered by Facebook
Bhurabhai Prajapati
Bhurabhai Prajapati
2019-10-02T16:00:49+0000
Heena Tewar
Heena Tewar
2019-10-01T18:15:46+0000
Baroda's latest updates..
Kaushik Rathava
Kaushik Rathava
2019-09-05T16:41:13+0000
Bapa moriya # ajwa road #
Shree Mukesh Shree Mukesh
Shree Mukesh Shree Mukesh
2019-08-09T06:05:30+0000
🕉💫भारत के सुप्रसिद्ध { 📿ज्योतिष 📿 } पंडित m.K Sastri ji💫what's app chat on mo.+91-9024591722📞📿🕉 माँ काली की शक्ति और साधना से हर समस्या का समाधान घर बैठे मात्र 72 घण्टे में करवाये वो भी गारन्टी से तो इंतजार किस बात का फोन घुमाइए ओर अपनी हर समस्या का तुरंत समाधान पाइये । हमारी सेवाये 👉 💗प्रेमी प्रेमिका की हर समस्या का समाधान, प्रेम विवाह,💗👪 पति पत्नी में अनबन ,कारोबार ,👔 नोकरी की समस्या ,कर्जा मुक्ति , 🛬विदेश जाने में रुकावट आना , घर मे किया कराया का समाधान , 🕎जादू टोना का इलाज ,वशीकरण ,ब्लैक मैजिक , 🎲लॉटरी नंबर, सौतन दुश्मन छुटकारा , 👪संतान प्राप्ति , 💊बीमारी में दवा न लगना , समस्या कोइ भी हो मात्र 72 घण्टो में समाधान संपर्क whatsapp on mo. +91, 9024591722👌 All problem solution in 72 hour { Love problem solution } { love marriage problem solution} { Vashikaran manta } { Husband wife problem solution} { Business and job problem solution } { Inter cast marriage problem solution } { visa and p.r. problem solution} Etc. Whatsapp available on mo.+91,9024591722read more
Anurag Joshi
Anurag Joshi
2019-08-05T14:08:27+0000
[7/25, 11:50 AM] Anurag Joshi: STARTING ADVANCE YOGA CLASSES 1SEP-19.SPECIAL BATCH-FOR- DIABETES 6.TO 7 PM CARDIO-7TO 8PM. ARTHRITIS -8 TO 9AM Fitness-9 to 10 AM .book your seat Limited seats.1 batch only 10 person. Address-T-15.DEV COMPLEX.ABOVE-ALKA RESTAURANT.NEAR NATU BHAI CIRCLE. GOTRI ROAD............. [7/28, 6:16 PM] Anurag Joshi: Book your seat early 15 August . 50%Monsoon Discount.1000/-per month.5 days. week classes. Otherwise after 15 sep. 2000/-per month Contact-8460679658read more
Shreeji Advertisement
Shreeji Advertisement
2019-05-05T13:01:48+0000
https://www.facebook.com/Shreeji-publicity-386643018849168
Dhiren Mehta
Dhiren Mehta
2019-02-15T06:37:02+0000
Jay shree kastbhajan Dev salangpur vala
Nikhil Shah
Nikhil Shah
2019-02-01T14:08:18+0000
www.parthinfotech.co.in hi
Parth Desai
Parth Desai
2018-09-23T05:54:38+0000
amazing page one must follow it in order to get latest news and admire beautiful photography!!!
Sandip Rajguru
Sandip Rajguru
2018-09-22T16:15:27+0000
vadodara's most reliable information ..
Priyadutt Raj
Priyadutt Raj
2018-02-25T17:03:48+0000
Jigar Tewar
Jigar Tewar
2018-01-20T18:04:39+0000
Sanjay Singh Chauhan
Sanjay Singh Chauhan
2018-01-15T09:53:09+0000
Bhavesh Chauhan
Bhavesh Chauhan
2018-01-14T13:29:18+0000