Embed Size (px)
Citation preview
IICA Annual Report 2013-2014
n
n
n
n
n
n
n
n
n
n
Overview
Vision and Mission
General Body of the Society
Board of Governors
Organogram
Schools/Centers
- Indian Corporate Law Service Academy
- School of Competition Law and Market Regulation
- School of Corporate Governance & Public Policy
- School of Finance
- Centre for Business Innovation & IT Services
- Center for Institutional Partnerships and Corporate Communication
- Centre for Responsible Corporate Governance
- National Foundation for Corporate Social Responsibility
Knowledge Resource Centre
Staffing
Finance and Accounts
Audited Accounts for the year 2012-13
Contents
OVERVIEW
The Indian Institute of Corporate Affairs Society was registered on 12th September 2008 with the primary objective of establishing,
managing, maintaining and running a world class institute, to be called the
Indian Institute of Corporate Affairs (IICA).
2
Mis
sio
n
To function as a holistic, capacity building institution and think tank for corporate regulation and reform, through synergized knowledge creation and management, global partnerships and real time solutions.
vision
1. Developing capacity for undertaking holistic study and harmonized treatment of various issues impacting corporate regulation, governance and functioning in the context of emerging international trends and opportunities.
2. Enabling understanding of the changing national and global business environment and catalyzing appropriate regulatory and service delivery responses.
3. Setting up a state-of the-art Knowledge Management System within IICA for continuous creation, collation and dissemination of knowledge to internal and external stakeholders on issues affecting the corporate sector.
4. Forging, fostering and catalysing partnerships between various stakeholders for generating outcomes that resolve emerging business concerns for efficient and legally compliant functioning.
5. Ensuring synergy of knowledge and thought and capacity building by setting up Schools in relevant academic disciplines and Centres for interaction and taking up projects etc. in appropriate formats, with outsourcing where necessary.
6. Evolving a human resource strategy to attract the best national/global talent, through a mix of core faculty, supported by distinguished visiting/adjunct/honorary faculty and contracted/outsourced expertise.
7. Encouraging thought sharing amongst eminent captains of industry, thought leaders etc. through partnerships and national & global networks.
3
General Body of the Society
Members
Minister In-Charge,Ministry of Corporate Affairs, Government of India
Secretary,Ministry of Corporate Affairs
Special Secretary/Additional Secretary,Ministry of Corporate Affairs
Financial Advisor,Ministry of Corporate Affairs
Joint Secretary,Ministry of Corporate Affairs
Joint Secretary,Ministry of Corporate Affairs
Joint Secretary,Ministry of Corporate Affairs
DG&CEO, IICA
Status
Ex-officio President of the Society
Ex-officio Member, Vice President of the Society
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member Secretary
Board of Governors
Shri. Naved Masood - ChairmanSecretary, Ministry of Corporate Affairs, Government of India, Shastri Bhawan, New Delhi - 110001Shri.
M. J. Joseph - MemberAdditional Secretary, Ministry of Corporate Affairs, Government of India, Shastri Bhawan, New Delhi - 110001
Prof. R Venkata Rao - MemberVice Chancellor & Prof. of Law, National Law School of India University, Bangalore -560242
Shri Praveen Vishakantaiah - MemberPresident, Intel India, No 23-56, P Devarabeesanahalli, Outer Ring Road, Varthur Hobli, Ballandur Post, Bangalore, Karnataka – 560037
Shri. Prithvi Haldea - MemberChairman & Managing Director, Prime Data Base Praxis Consulting & Information Services Pvt Ltd, C-101 Rishi Apartments Alaknanda, New Delhi - 110019
Prof Bidya S Sahay - MemberDirector, Indian Institute of Management, Govt. Engineering College Campus, Old Dhamtari Road, Sejbahar, Raipur - 492015
Board of Governors
Shri. Bharat WakhluResident Director, Tata Group, 10th floor, Jeevan Bharti, Tower No.1, Connaught Circus, New Delhi - 110001
Dr. Rana Kapoor - MemberManaging Director & CEO, Yes Bank Limited, Nehru Centre, 9th floor, Discovery of India, Dr. A. B Road, Worli, Mumbai -4000018
Dr. N Bhaskara Rao - MemberFounder Chairman, Centre for Media Studies (CMS), Research House, Saket Community Centre, New Delhi - 110017
Shri. Som Mittal - MemberEx-President NASSCOM, International Youth Centre, Teen Murti Marg, Chanakya Puri, New Delhi - 110021
Shri. Kunal Bahl - MemberChief Executive Officer, Snapdeal.com, Jasper Infotech Pvt. Ltd., 246, 1st Floor, Phase-III, Okhla Industrial Area, New Delhi - 110020
CA O. P. AgarwalPractising Chartered accountant, H-8, Chitra Marg, C-Scheme, Jaipur - 302001
- Member
Board of Governors
Shri Rajiv K LuthraFounder & Managing Partner Luthra & Luthra Law Offices, 103, Ashoka Estate, Barakhamba Road, New Delhi - 110001
Dr. Vidya Rajiv Yeravdekar - MemberPrincipal Director, Symbosis Centre for International Education, Symbosis International University, Senapati Bapat Road, Pune - 411004
Shri. Dhruv Sawhney - MemberChairman & Managing Director, Triveni Engineering & Industries Ltd., Express Trade Tower, Noida - 201301
Shri. Gautam Thapar - MemberFounder & Chairman, Avantha Group, Thapar House, 124 Janpath New Delhi -110001
Shri. Vivek Nair - MemberChairman & Managing Director, Hotel Leela Venture Limited, Sahar, Mumbai -400059
Dr. Bhaskar Chatterjee - MemberDirector General & CEO, Indian Institute of Corporate Affairs Paryavaran Bhavan, CGO Complex, New Delhi - 110003
- Member
Organogram
School of Corporate Governance & Public Policy
Centre for Institutional Partnerships & Corporate
CommunicationsChief Finance Officer
School of Competition Law & Market Regulation
Centre for Responsible Corporate Governance Chief Information Officer
School of Corporate LawCentre for Micro, Small and Medium Enterpries
Manager HR
School of Finance
National Foundation for Corporate Social
Responsibility Librarian
ICLS Academy Centre for Business Innovation & IT Services
Chief Administrative Officer
Director General & CEO
Board of Governors
General Body
8
Schools & Centres
9
orders/directions of the respective High Courts.
Following are the Training Programmes conducted by ICLS Academy during the year 2013-14:-
1. Induction Training Programmes for ICLS Probationers (PO's)
(i) 23 ICLS Pos (3rd Batch) (CSE-2011) have undergone 9 months training at ICLS Academy, IICA, which concluded on September 20, 2013. The topics covered during the training programme included Companies Act,2013, Companies Act,1956, FEMA, Takeover code, Compulsory Winding Up & Voluntary Winding Up , Analysis of Balance Sheet, Dissolution of Company, Accounts, Inspection of Books and Records IFRS, AS and Ind-AS, Forensic Accounting, Forensic Auditing etc.
(ii) 5 ICLS POs (4th Batch) (CSE-2012) attended the 1st phase of their Induction Training from December 2013 to April 2014. The
ICLS ACADEMY
The ICLS Academy has been entrusted with the responsibility of capacity building of the officers of the Ministry of Corporate Affairs and its field of f ices . The fo l lowing are the main functions/responsibilities of ICLS Academy:
(1) To impart Induction Training Programme for ICLS Probationary Officers (POs), who are recruited through Civil Services Examination conducted by UPSC.
(2) To impart mid-career training to the ICLS officers of the Ministry focusing mainly on corporate law, accounts, audit and other relevant laws.
(3) To impart mandatory training to Senior Technical Assistants (STAs), who are in the feeder cadre to ICLS, as per the amended Service Rules applicable to them.
(4) To impart training to the officers and officials posted in the offices of Official Liquidators across the country as per the
10
Schools & Centres
training included a field visit to Nestle India Ltd., and training sessions at the National Institute of Security Management (NISM) and at the National Institute of Financial Management (NIFM) The topics covered during the training programme were Companies Act, 2013 and Companies Act,1956, Dissolution of Company, Accounts, Inspection of Books and Records, FEMA, Takeover code, SEBI, Analysis of Balance Sheet, Mitigation of Risk of Fraud as per Companies Act, 2013, Compulsory Winding Up & Voluntary Winding Up etc.
2. Mid-Career Training Programmes for ICLS Officers
The Academy conducted five day Mid-Career Training Programme for ICLS Officers of Ministry of Corporate Affairs. The topics covered in these training programmes were Take over code, Insider Trading, Balance sheet as per Revised Schedule VI, Analysis of Balance Sheet, Corporate Social Responsibility (CSR), IFRS, AS and Ind-AS, Forensic Accounting, Forensic Technology etc.
The participants and dates of the training programmes are as follows:
I. Training of 15 ICLS Officers (JAG/JAG(NFSG) Level) conducted from May 20 to 24, 2013.
II. Training of 19 ICLS Officer (STS level) conducted from July 15, 2013 to August 19, 2013.
III. Training of 15 ICLS officers (JTS level) conducted from December 9 to 13, 2013
In addition to these programmes, another five days Mid-Career Training Programme was conducted for 11 ICLS Officer (STS level) from March 31, 2014 to April 4, 2014. The topics covered in this training programme were processing of different forms, Company Law, Accounting Standard, Corporate Governance etc.
The Academy also conducted a Short Capsule Course for 16 ICLS Officers (ICLS POs, 3rd Batch)
of Ministry of Corporate Affairs from October 24 to 28, 2013. The topics covered during this programme included Revival of Sick Industries, Corporate Res t ructur ing , Companies Management, Behaviour and Function, Secretarial Audit in view of Companies Act, 2013.
3. Mandatory Training Programmes for Senior Technical Assistants
The Academy conducted training programmes for Senior Technical Assistants of Ministry of Corporate Affairs. The topics covered in these training programmes were processing of different forms, Company Law, Accounts, Noting & Drafting etc.
The participants and dates of the training programmes are as follows:
I. Training of 20 Senior Technical Assistants conducted from April 22, 2013 to May 17, 2013.
II. Training of 17 Senior Technical Assistants conducted from September 23, 2013 to October 22, 2013.
III. Training of 12 Senior Technical Assistants conducted from February 3 to 28, 2014.
4. Training to Officers & Officials of Official Liquidator(OL), Delhi attached to the High Court, Delhi
Trainings of the first, second and third batch of officers and officials of OL, Delhi, were conducted from June 17, 2013 to July 12, 2013, from July 29, 2013 to August 27, 2013 and from December 16, 2013 to January 13, 2014, respectively.
The topics covered under the programmes were Winding up of Companies, Powers of Liquidator, Dissolution of Company, Analysis of Balance Sheet, Inspection of Books and Records, The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), Recovery of Debt Dues to Banks and Financial Institutions Act, 1993 (RDDBFI), etc.
11
guests representing the regulatory authorities, industry, and government. The training programme aimed at making the participants aware of the competition law principles so that they orient their practices, conduct, business strategies, and policies consistent with the provisions of competition law.
n regulatory framework on the anvil of Competition Law
November 16, 2013
The School organised a Roundtable on Petroleum and Natural Gas Regulatory Framework at New Delhi.
The conference was organised with the objective of sensitizing the senior officials of the Ministry and public sector enterprises on the potential impact of competition law on the petroleum and natural gas sector, the need for which was felt in interactions with various stakeholders.
Roundtable on Petroleum & Natural Gas
Schools & Centres
SCHOOL OF COMPETITION LAW & MARKET REGULATION
n Curricula Consultation Meeting For Long Term Courses on Competition Law and Market Regulation
May 10, 2013
Taking the partnership forward between IICA and the National Law school of India University (NLSIU), a Curricula consultation Meeting was organised at New Delhi. The meeting aimed to seek valuable inputs and feedback from various stakeholders to develop a curriculum which will address their knowledge and skill needs. Moreover, the meeting was organised to ensure that the course structure and content would be designed in a manner that is more meaningful in terms of employability and receptive to the concerns and requirements of the industry. Members and officials of the regulatory bodies, senior government officials, lawyers, private sector representatives, professionals, and experts from diverse backgrounds dealing with competition issues participated in the meeting.
n Two Day's Residential Training Course on Competition Law for Public Sector Oil Marketing Companies
August 2 & 3, 2013
The School organized a "Two Day residential training course on Competition Law for Public Sector Oil Marketing Companies" at Manesar, for fulfilling the imminent training needs of the officials and decision makers at the public sector oil marketing companies in order to understand and apply competition law compliance principles in their commercial transactions. Designed for senior and mid-level executives and officials working on compliance, regulatory, marketing and commercial aspects, the training witnessed the participation of distinguished
12
IICA faculty, staff members and participants of the roundtable conference on Petroleum and Natural Gas Regulatory Framework.
n and Competition in Telecom Sector
November 18 and 19, 2013
The National Institute of Communication Finance (NICF), an institute under the Ministry of Communication & IT, organised a two-day capacity building 'Residential Training Course on Regulation and Competition in Telecom Sector', 2013 in partnership with IICA.
The training course, organised with the objective of enabling the policy makers of telecom authority to understand and apply competition law in their decision making, was attended by 21 senior and mid level officials nominated by the DoT.
The training course shed light on the following topics - Regulatory Framework Governing Telecom Sector in India, Challenges and Opportunities in Indian Telecom Sector: The Way Forward, Competition Issues in the Telecom Sector, Green Telecom, Team building & Unity and Combinations in the Telecom Sector.
n Training workshop on 'Competition Law & High Tech Markets'
December 20, 2013
The School organised a one day workshop on Competition Law & High tech Markets at Manesar, to facilitate the understanding of the effect of regulation on competitive market structure and conduct among executives across
Residential Training Course on Regulation functional areas in the High-Tech Markets. In addition, it was felt that the lawyers and competition professionals entrusted with the duty to render legal advice to the corporates need to develop skills relating to economics of antitrust analysis.
The rationale for the workshop was that clarity and ability to deal with the evolving competition regulatory regime would help align business decisions and ensure conduct commensurate with the law. The specific objective of the workshop was to conduct specialised and parallel tracks for lawyers'/economists, and industry professionals.
The workshop was divided into four specialised sessions in parallel tracks, where the participants representing a diverse group of lawyers & economists with expertise in competition law and mid and senior level business executives operating at various levels of policy formulation, compliance and regulatory affairs got an opportunity to directly interact with the experts on diverse areas of competition law and market regulation. The participants representing law firms included partner and associates & senior associates from Amarchand & Mangaldas, Khaitan & Co, Vaish associates, AZB & Partners.
Economists, attorneys and legal counsels representing organisations such as ELP, EconOne, Genesis Analytics, E &Y, Microsoft, Intel, & Google also participated in the workshop.
Participants of the training course on Regulation and Competition in Telecom Sector' receiving mementos
13
Training Workshop in progress at IICA, Manesar
n
Conclave on Integrated Reporting
May 24, 2013
IICA and the Institute of Cost Accountants of India (ICAI) jointly conducted a Round Table Conclave on Integrated Reporting - Perspectives & Prospects at New Delhi, to discuss the Draft Consultation Paper issued by the International Council of Integrated Reporting.
A presentation summarizing the consultation paper was delivered by Prof. Asish K. Bhattacharyya, who was also the convener for the event. The presentation was followed by discussion on the key question - 'Whether India requires Integrated Reporting in the prescribed Framework?
n Two-Day Residential Programme on Risk
Management & Internal Audit
June 13-15, 2013
IICA in collaboration with ICWAI Management Accounting Research Foundation (ICWAI MARF), promoted by the Institute of Cost Accountants of India, organised a two-day residential programme on “Risk Management and Internal Audit” at Manesar, to provide an understanding of the enterprise r isk management system and the concept of risk-based internal audit.
IICA & ICAI Jointly Organise Round Table
SCHOOL OF CORPORATE GOVERNANCE & PUBLIC POLICY
n
and Reporting
May 22-24, 2013
The Global Conference on Sustainability and Reporting, held in Amsterdam brought together over 1800 delegates from 80 countries representing business, finance, accountancy, consultancy, civil society, government and academia. The Conference comprised of plenary sessions on key global and regional issues conducted by eminent speakers, interactive sessions with the audience, and presentations on sustainability and reporting situation in different countries and regions, covering regulatory developments and other current issues like integrated reporting.
The India delegation was led by the DG & CEO, IICA, Dr. Bhaskar Chatterjee, and the 45 member delegation comprised of senior officials from various Ministries, regulators and policy makers, South Asian Federation of Accountants (SAFA), Institute of Chartered Accountants; Institute of Cost and Works Accountants, high level representatives from businesses and business associations, civil society, academia, think tank bodies and media. The Indian Sessions were focused on sharing India's journey in sustainability reporting and national trends of reporting
The Global Conference on Sustainability
14
Schools & Centres
Conducted for professionals involved in the field of Internal Auditing and Risk Management, the workshop provided an overview of the corporate strategy in addition to key insights on Enterprise Risk Management - COSO Framework, Internal Control System, and Risk-Based Internal Audit.
Prof. Asish K. Bhattacharyya, Head, School of Corporate Governance and Public Policy was the Course Director for the workshop.
n
Corporate Governance
January 21, 2014
IICA and Thomson Reuters hosted a roundtable on the theme of “Corporate Governance Standards in India: Gaps & Global Best Practices”
Thomson Reuters Roundtable on
at New Delhi with a vision of elevating Indian corporate governance standards.
The roundtable, hosted on the occasion of a visit from the Honourable Lord Mayor of London - Ms. Fiona Woolf, was attended by government officials, legal professionals, officials from corporate sector and academia.
n
Workshop on 'Corporate Governance
Practices in India: Retrospect and Prospects'
February 14-15, 2014
The School organised a Two-Day Residential National Research Workshop on 'Corporate Governance Practices in India: Retrospect and Prospects' at Manesar Campus with the aim of identifying new areas of research in Corporate Governance and issues emerging in the current scenario, and analysing how the Companies Act, 2013 would change the landscape of corporate management and governance in our country.
The workshop brought together research scholars and faculty from across India and different institutions/ Universities of inter-disciplinary studies to deliberate on issues and themes related to Corporate Governance and Corporate Social Responsibility.
Two Day Residential National Research
15
Participants with the Honourable Lord Mayor of London at the Roundtable
The participants, guest speakers and IICA staff members at the National Research Workshop
n
Company Directors
February 21& 22, 2014
The School along with ICWAI Management Accounting Research Foundation (promoted by Institute of Cost Accountants of India) organised an 'Orientation Programme for Company Directors' at Goa, with the objective of providing a platform for discussion of important issues in the implementation of the Companies Act, 2013 and its underlying corporate governance issues.
The prominent companies that participated in the programme were Balmer Lawrie& Co. Limited, Telecommunications Consultants India Private Limited, ITD Cementation India Limited, Indian Immunologicals Limited, ONGC Limited, Airport Authority of India Limited and Container Corporation of India Ltd.
Two-day Orientation Programme for n
Directors of PSEs' with Institute of Directors
(IoD), UK
March 6 &7, 2014
A two-day reorientation programme specifically structured for Public Sector Enterprises targeted at directors and potential directors was organised at IICA campus, Manesar, in collaboration with MoU partner Institute of Directors, UK
The training course was attended by a total of eleven participants representing prominent companies from the public sector such as Bharat Electronics Ltd., NTPC Ltd., Indian Railway Finance Corporation Ltd., State Trading Corporation Ltd., India Tourism Development Corporat ion Ltd . , Nat ional Bui ld ings Construction Corporation Ltd. and Neyveli Lignite Corporation Ltd.
Two-day 'Reorientation Programme for
Prof. Asish K Bhattacharyya presenting memento to Mr. Paul Munden, Lead governance tutor at IOD, UK.
Orientation Programme in session, Goa
16
n Intensive Credit Management
February 17-March 1, 2014
The School of Finance conducted a two-week Corporate Finance Programme on Intensive Credit Management for Syndicate Bank Executives to provide participants an insight into lending to the corporate sector. The programme was organised at IICA Manesar.
The programme, which was attended by 30 executives from Syndicate Bank, was organised to help field functionaries in taking sound lending decisions. The programme envisaged a thorough concept building of every aspect of lending to mid & large corporates. It sought to simulate practical situations that replicate decision making events under different circumstances, through case studies.
Corporate Finance Programme on
Mr. Ravi Chatterjee, Chief Programme Executive, School of Finance, IICA, during the session at IICA, Manesar
IICA staff with participants of Corporate Finance Programme on Intensive Credit Management
SCHOOL OF FINANCE
n to MSME, Retail and Agriculture
February 3-8, 2014
The School conducted a week long 'Corporate Finance Programme on Lending to MSME, Retail and Agriculture', at IICA Manesar. The programme covered the issues & perspectives in lending to these sectors comprehensively, and discussed effective models being practiced by the banks to develop a healthy asset portfolio from these sectors.
30 officers (both junior and senior level) from Indian Bank participated in the programme.
Corporate Finance Programme on Lending
17
Schools & Centres
n 2013 held in Visakhapatnam
December 10, 2013
A conference on Companies Act, 2013 was held at Andhra University, Visakhapatnam. It was jointly organised by School of Corporate Law and Centre for Responsible Corporate Governance, Indian Institute of Corporate Affairs.
The conference was inaugurated by Dr. Bhaskar Chatterjee, DG & CEO, IICA. The key resource persons in the conference were Prof. P R R Nair, Head, CRCG, Sri E A S Sharma, former Secretary to Govt. of India, Sri. Prof. Lakshmi Nath, Vice Chancellor, National Law University, Patna, and Sri D V Subba Rao, former Chairman, Bar Council of India.
National Conference on Companies Act,
National Seminar on Corporate Justice: Legal Challenges” at the IICA Campus
SCHOOL OF CORPORATE LAW
n Justice: Legal Challenges'
November 27 and 28, 2013
The School organised a two-day “National Seminar on Corporate Just ice: Legal Challenges” at the IICA Campus, Manesar, with the objective of examining the conceptual basis of the doctrine of corporate justice and the legal issues revolving around it.
The participants were briefed on the concept of 'justice', 'body corporate' and 'injustice', and also on various contributions made by the corporates towards social development.
The seminar was divided into various technical sessions moderated by experts. Participants presented papers on topics such as Corporate Social Responsibility, Human Rights and Corporate Accountability, Alternate Dispute Resolution, Corporate Governance and Transparency.
Two-day National Seminar on 'Corporate
18
Schools & Centres
Administration, (TSEBA) represented the delegation.
The meeting discussed how IICA and Tallinn University can work in collaboration and that IICA faculty should be invited to Tallin University to train Public Sector Undertaking in cyber security. It was suggested that both the institutes should start Corporate Indo-European projects, which could be funded by the European Union.
n
October 30, 2013
The Centre for Business Innovation and IT Services organised an Innovators Roundtable at Scope Complex, Lodi Road, New Delhi with the objective of discussing Intellectual Property Rights as a component of Innovation and other guiding principles to foster the Innovation Ecosystem in India.
The roundtable included in depth discussion on IP Strategy for Business Success, 'Do's and Don'ts of IP, and IP Commercialization/Monetization.
Innovators' Roundtable on IPR matters
Ms. Divya Rajput addressing the participants at Innovators Roundtable
CENTRE FOR BUSINESS INNOVATION AND IT
n
April 30, 2013
A meeting was organised at the IICA campus, Manesar, wherein incubatees were invited to discuss plans for creating strong IPR policies. The meetings shed light on best practices for Incubation and connecting the civil society and developing sustainable methods. Development of essential ingredients for investors and corporates such as code of conduct, IPR creation and commercialization, investors relations, and revenue streams were also discussed.
The major blueprint formulated at IICA included developing incubation guidel ines for companies by larger companies for technology or business innovation as part of their CSR spend. Also, IICA will incubate companies that will implement and execute sustainable projects to incorporate three d imens ions o f performance, i.e., social, environmental and financial and Entry-Exit Policy. IICA will set up an Innovation Fund to facilitate business and growth of start-ups. Towards graduation, the exit is proposed through Technology transfer/ IPR utilization or maturity to scale up and serve the community.
n IICA & Delegation from Tallinn University of Technology, Estonia, Exchange Views
June 21, 2013
IICA organised a meeting with delegation from Tallinn University of Technology, Estonia, at Manesar to explore the possible areas of collaboration between the two institutes. Prof. Peeter Muursepp, Vice Dean for International affairs, Tallinn School of Economics and Business
Developing Incubation DNA for IICA
19
Schools & Centres
n
January 15, 2014
The Centre for Business Innovation and IT Services launched the e-Learning platform, serviced by Adobe Connect, to provide more effective training solutions, at IICA, Manesar.
At the meeting it was explained how Adobe Connect can act as a powerful event management tool, which will help in organising webinars, preparing events in advance, and making meeting easily accessible.
Launch of IICA's e-Learning Platform n
January 19, 2014
Ms. Divya Rajput, the Head of Centre for Business Innovation and IT services, conducted a workshop at Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi on strategic innovation.
The workshop shed light on the strategic decision making process of entrepreneurs in the establishment of infrastructure, promotional methods, development of supply chains, expansion plans, hiring the right manpower and setting goals and priorities for adverse conditions.
Workshop on strategic innovation
Dr. Bhaskar Chatterjee, DG&CEO, IICA with the members of IICA staff
The outcome of the Workshop on strategic innovation
20
IICA staff members during the e-learning platform launch at IICA campus, Manesar
n University
January 31, 2014
Ms. Divya Rajput, the Head of Centre for Business Innovation & IT Services, IICA, delivered an address at the Annual Entrepreneurship meet at BVIMR University, New Delhi.
The meeting discussed the Government online portals where entrepreneurs may access accura te in format ion about va r ious compliances and regulations.
It also shed light on how to raise a growth fund, the need to develop a sound business plan, and how to review and assess impact of a start-up.
Annual Entrepreneurship meet at BVIMR n IICA Incubation Framework
March 24, 2014
The Centre for Business Innovation & IT Services organised a “Consultation for Developing IICA Incubation Framework” at Bhabha Chamber, Scope Complex, Lodhi Road, New Delhi, as a precursor to the setting up of an Incubation facility at the Indian Institute of Corporate Affairs (IICA), Manesar.
The objective of this consultation with experts and practitioners of incubation was to create a framework for the roll-out of a green incubator- first of its kind in the country, proposed by the IICA.
Consultation for the development of the
21
IICA staff and delegates at the Consultation For Developing IICA Incubation Framework at Scope Complex, New Delhi
Panel of speakers at the Annual Entrepreneurship meet at BVIMR University
agreed that the concerned legal agencies associated with the enforcement of competition law would interact closely as envisaged under the framework of the MoU.
n Conduct, Paris
June 26 & 27, 2013
Mr. Dhanendra Kumar, Principal Advisor and Ms. Chetna Kaura, Senior Programme Executive represented IICA at the Global Forum on Responsible Business Conduct organised by OECD at Paris. The forum brought together government, business, trade union, civil society and international organisation representatives to discuss on how one can contribute to sustainable development and social progress. Mr. Kumar spoke at the inaugural session about the Indian approach to responsible business conduct and was part of the session discussing trends in responsible business conduct from across the world.
n IICA at the European Commission
June 28, 2013
Mr. Dhanendra Kumar, Principal Advisor and Chief Mentor, School of Competition Law, IICA, visited the European Commission's offices in Brussels. Mr. Kumar met Mr. Joaquin Almunia, Vice President, European Commission and European Commissioner for Competition and discussed the evolution of Indian competition law and the influence of EC competition law on the Indian regime; the forthcoming European Commission project to build capacity of IICA; the social and economic implications of competition
Global Forum on Responsible Business
CENTRE FOR INSTITUTIONAL PARTNERSHIPS & CORPORATE COMMUNICATIONS
n Corporate Law & Corporate Governance Reforms Shared
May 13, 2013
IICA, the Australian High Commission and the Australia India Institute (AII) collaborated to organise a public lecture on “Australia and India: Common Goals in Corporate Law and Corporate Governance Reforms”, by The Hon. Dr. R.P. Austin at New Delhi. The lecture was attended by senior professionals related to Corporate Governance and Corporate Law in India. Dr. Austin gave a presentation sharing his perspective on the common goals that India and Australia share for corporate law and corporate governance reforms.
n Hon'ble Minister for Corporate Affairs visit to US
June 13-14, 2013
Mr. Sachin Pilot, Honourable Minister for Corporate Affairs, (MCA) Government of India, paid a visit to the United States of America along with Shri Mohan Joseph, Additional Secretary, MCA and Dr. Bhaskar Chatterjee, DG&CEO, IICA. The meeting set the tone for increased interaction and cooperation between the U.S. and India in the field of Competition Law and its i m p l e m e n t a t i o n . M s . E d i t h R a m i r e z , Chairperson, US Federal Trade Commission, and Mr. Pilot reviewed the MoU signed jointly by the Ministry of Corporate Affairs, Government of India and Competition Commission of India in September 2012, with the U.S. Department of Justice and Federal Trade Commission. It was
Australia & India: Common Goals in
22
Schools & Centres
law and the enhancement of consumer welfare through competition law. Mr. Guillaume Loriot, Deputy Head of Cabinet of Vice President, was also present at the meeting.
n Corporate Governance and CSR Held in Hague
July 11 & 12, 2013
The second meeting of the Indo-Dutch Joint working Group on Corporate Governance and Corporate Social Responsibility (JWG) was held in Hague. The meeting resulted in agreements on closer cooperation between the Indian and Dutch sides and agreed upon mutual exchange of knowledge and experience to continue outside and beyond the periodical JWG-meetings. Dr. Bhaskar Chatterjee, DG&CEO, IICA along with other eminent people such as Mr. M.J. Joseph, Additional Secretary, Ministry of Corporate Affairs; Ms. Shalini Thapa Budathoki, Executive Director, National Foundation on Corporate Governance, Mr. Pankaj Inderchand Jain, Institute of Chartered Accountants of India; Mr. Madhu Kannan, Head of Business Development, Tata Sons; Mr. Rakesh Singh, President, Indian Institute of Cost Accountants; Mr. Santanu Roy, General Manager, GAIL; Mr. Harish K Vaid, Vice President, The Institute of Company Secretaries of India; Mr. Satish Sharma, Second Secretary, Embassy of India; represented India at the meeting. The meeting shed light on various topics such as CSR in India and the Netherlands / Supply chain responsibility, Various perspectives on CSR, CSR Measurement Reporting and Accountability, Insolvency Practices, and Corporate Governance Standards and Oversight.
n IICA goes digital: Conducts Google+ Hangouts with NextGen
IICA along with NextGen, one of India's fastest growing clean-tech companies, harnessed the power of the Internet to facilitate a conducive environment for Corporates, Government bodies and NGOs to connect with each other and discuss their CSR initiatives. This has taken
Indo-Dutch Joint Working Group on
the form of a series of Google+ Hangouts with stakeholders from various sectors.
n strategy of IT-BPM companies in Light of Section - 135
January 31, 2014
The first Google+ hangout brought together several top notch corporates, executives, and Government representatives. The objective of the online session was to discuss the business strategies and the potential of CSR delivery in India by the IT-BPM sector.
The panellists included Dr. Bhaskar Chatterjee, DG&CEO, IICA; Mr. R. Chandrasekhar, President, NASSCOM; Mr. Ravi Venkatesan, Founder and Chairman, Social Venture Partners and former Chairman, Microsoft India; Mr. Krishna Kumar Natarajan, CEO and Managing Director, Mindtree Ltd; Mr. R Chandrasekaran, Executive Vice Chairman, Cognizant Technology Solutions India Pvt. and Mr. Mohit Thukral, Senior Vice President, Financial Services, Insurance and Health Care, Genpact.
n Roundtable on CSR for Cement Sector in light of Section-135, Companies Act, 2013
March 13, 2014
Session on integrating CSR into business
23
Mr. R. Chandrasekhar, President, NASSCOM, addressing panellists through Google+ Hangout
The second Google+ hangout session was a collaborative effort between the Indian Institute o f Corporate Af fa i r s ( I ICA) , Cement Manufacturers Association (CMA), and Institute for Industrial Productivity (IIP). The objective of this video conference was to exchange views on how best the Cement industry can further the CSR agenda in India through a collaborative approach for maximum impact.
The panellists for the session were Dr Bhaskar Chatterjee, DG&CEO, IICA, Mr L Rajasekar, Executive President, Ultratech Cement Ltd; Mr Mahendra Singhi, Group CEO & whole time Director, Dalmia Cement Ltd., Mr S K Wali, Whole time Director, JK Lakshmi Cement Ltd., Mr Ujjwal Batria, Managing Director, Lafarge India Pvt Ltd., Mr Jigar V Shah, Executive Director, IIP., Mr N A Viswanathan, Secretary General, Cement Manufacturers' Association (MCA).
n to discuss ways of 'Engaging Businesses for Improved Safety, Health Education & Employment for Girls and Women'
March 20, 2014
The UK's Department for International Development (DFID) along with NextGen and
DFID and UNFPA Hangout with India Inc
IICA organised the third Google+ Hangout Session on 'Engaging Businesses for Improved Safety; Health; Education and Employment for Girls and Women' with distinguished panellists: Mr. Mark Lowcock, Permanent Secretary, DFID, Dr. Bhaskar Chatterjee, Director General and CEO, ,IICA, Ms. Freiderika Meijer, United Nations Population Fund (UNFPA), Representative, India and Bhutan, Ms. Naina Lal Kidwai, Country Head, HSBC, Mr. Amitabh Choudhry, Managing Director & CEO, HDFC Standard Life, Mr. Rohit Adya, Director External Affairs, Vodafone India.
24
Mr N A Viswanathan, Secretary General, MCA, during Google+ Hangout
Dr. Bhaskar Chatterjee, DG&CEO, IIC (L) and Mr. Mark Lowcock, Permanent Secretary, DFID (R) during the Google+ Hangout session
Ms. Freiderika Meijer, United Nations Population Fund (UNFPA), Representative, India and Bhutan, during the online conference
InstitutionalPartnerships
25
Institute of Social Sciences (TISS), The Energy
and Research Institute (TERI) and YES Bank
Limited on October 24, 2013. The MoU
between IICA and IPE, IBS and TISS aims to
establish a partnership of training, cooperation
and collaboration in the areas of corporate
social responsibility, corporate governance,
corporate law, finance and any other area
mutually agreed upon. The partnership with
TERI, establishes a framework of collaboration
towards sustainable development for business
enterprises in the country.
n
IICA entered into partnership on October 23,
2013 with IIM Raipur with the objective of
strengthening the possibilities of research in
interdisciplinary areas and facilitating
exchange of information on teaching -
learning material. The partnership agreement
was signed by Director, IIM, Raipur and DG
&CEO, IICA. The various fields covered under
the MoU for collaborative research initiatives
IIM - Raipur
26
n
IICA entered into partnership with BSE Ltd. on
September 23, 2013 at Mumbai. Apart from
formulating the Index, both the institutes will
work in close collaboration for capacity
building on CSR, conduct education and
awareness programmes, and other activities to
facilitate more effective corporate participation
in CSR areas. The MoU was signed by
DG&CEO, IICA and MD&CEO, BSE Ltd. The
proposed IICA - BSE CSR Index shall assess
impact and performance of companies listed at
BSE in CSR activities. It would also look at the
performance of companies in their mandatory
CSR spend as per the Companies Act, 2013 as
one of the important and objective criteria.
n TISS, Yes Bank, IPE, ISB, TERI
IICA entered into partnership with five of the
country's leading research, academic and
business institutions - Indian School of Business
(ISB), Institute of Public Enterprise (IPE), Tata
BSE Ltd.
Institutional Partnerships
27
include corporate law, corporate governance,
corporate communication, business innovation
and entrepreneurship, business environment,
public policy, inclusive and sustainable
development.
n
IICA and multinational
media and information
firm - Thomson Reuters
entered into partnership
on December 9, 2013 at
New Delhi. The Managing
director of Thomson
Reuters (TR) and
DG&CEO, IICA, signed the
partnership agreement.
With the signing of the
MoU -valid for a period of
Thomson Reuters
three years - both the parties agreed to
collaborate with each other in consultation
with the objective of improving corporate
governance practices and board governance
in India.
n
IICA collaborated with the Institute of Directors
(IoD), a UK - based organization that
represents and sets standards for company
directors, during the National Conference on
Corporate Governance organised by the
National Foundation for Corporate
Governance on December 12, 2013 at
Chennai. The partnership was signed by
DG&CEO, IICA and Director General, IoD.
According to the MoU, both the parties
undertake initiatives in the field of corporate
governance, with a primary focus on training
of directors. Both the organisations will also
support the strategic objectives of the Ministry
and the IICA to improve corporate governance
in India.
Institute of Directors, UK
Thomson Reuters and IICA staff members at New Delhi
(L-R) Dr. Bhaskar Chatterjee, DG&CEO, IICA, Shri Naved Masood, Secretary, MCA, Prof B.S. Sahay, Director, IIM Raipur & Shri MJ Joseph, Additional Secretary, Ministry Of Corporate Affairs, during the MoU signing ceremony
28
n
IICA and Federation of Indian Chambers of
Commerce and Industry (FICCI) entered into
partnership on January 13, 2014 to
collaborate and partner with each other in the
areas of Corporate Social Responsibility,
Competition Law, Corporate Laws, Corporate
Governance,
Inclusive Growth
and Sustainable
Development of
the industry and
the economy.
The partnership
agreement was
signed by DG &
CEO, IICA and
FICCI
Director General, IOD and DG&CEO, IICA, sign the MoU at Chennai.
DG&CEO, IICA and Secretary General, FICCI with IICA and FICCI staff members during the MoU signing ceremony.
Secretary General, FICCI. The partnership aims
at facilitating collaboration towards
advancement of knowledge on the basis of
reciprocity, best effort, mutual benefit, and
frequent interactions.
29
n
IICA entered into partnership with the Serious
Fraud Investigation Office (SFIO), a multi-
SFIO through frequent interactions and industry
exposure, while informing corporate entities
about the parameters of fraud and
investigation in business. The agreement was
signed by DG&CEO, IICA and Director, SFIO.
n
IICA entered into partnership with the M.P
Consultancy Organisation Limited (MPCON
Ltd.), a premier consulting organization, on
February 10, 2014 at Manesar. The agreement
was signed for the purpose of collaboration
that will encompass CSR activities, training and
joint workshops, seminars and conferences.
The agreement was signed by DG&CEO, IICA
and Managing Director, MPCON Ltd.
According to the partnership agreement
between the two parties, MPCON will be
responsible for the setting up and
maintenance of the IICA CSR portal that will be
MPCON
DG&CEO, IICA and Managing Director, MPCON Ltd, sign the MoU at Manesar.
DG&CEO, IICA and Director, SFIO, during the MoUsigning ceremony
disciplinary organisation that investigates
serious financial frauds, at Manesar on
February 10, 2014.
This partnership
takes on special
significance in view
of the clear
definition of fraud
provided in the
Companies' Act
2013. It is aimed at
capacity building
for SFIO officers
30
training, cooperation and collaboration in the
area of Corporate Social Responsibility,
Corporate Law, Corporate Governance and
any other area mutually decided by the two
institutions. The agreement was signed by DG
& CEO, IICA and Director & Vice Chancellor,
IIFT. The partnership aims at exploring and
discussing means of collaboration in the areas
of capacity building, research & publication,
faculty exchange etc.
hosted by the MCA. This is in keeping with the
Ministry's efforts to reach out to corporate
entities with information regarding Section
135 of the Companies' Act which deals with
CSR.
n
The Indian Institute of Foreign Trade (IIFT) and
IICA entered into a partnership at Manesar on
March 14, 2014, to establish a partnership in
IIFT
DG & CEO, IICA (Left) and Director & Vice Chancellor, IIFT (Right) sign the MoU at IICA campus, Manesar
IICA Initiatives
31
MSME Clusters (FMC), Confederation of Indian
Industry (CII), United Nations Industrial
Development Organisation (UNIDO), and TCI
Network organised an Internat iona l
Conference on Cluster Development at New
Delhi. The aim of the International Conference,
supported by the EU SWITCH Asia project
“Scaling Up Sustainable Development of MSME
Clusters in India” and funded by the European
Union, was to create a platform to discuss the
approaches taken and results achieved through
recent cluster development projects with a
particular focus on cluster based policy advisory.
32
EUROPEAN UNION (EU)
n
Asia Project “Scaling Up Sustainable
Development for MSME Clusters in India”
August 26, 2013
The First Advisory Group Meeting of the EU
SWITCH Asia Project was conducted at India
International Centre, New Delhi. The meeting
was chaired by Dr. Bhaskar Chatterjee, DG &
CEO, IICA. The overall objective of the EU
SWITCH Asia Project is to enhance the
competitiveness of less sustainable MSME
clusters while reducing their environmental and
social impacts. An advisory group was created
to bring on board experts from different
organisations who can meet once every six
months to review the achievements, process
and future plans of the project and to discuss
methods for up-scaling of lessons learnt.
n IICA collaborates in 'International
Conference on Cluster Development' for
MSMEs
February 20-22, 2014
IICA in collaboration with the Foundation for
First Advisory Group Meeting – EU SWITCH
IICA Initiatives
Inaugration of the International Conference on Cluster Development of MSMEs
33
DEUTSCHE GESELLSCHAFT FÜR INTERNATIONALE ZUSAMMENARBEIT (GIZ)
n
IICA GIZ BR Initiative
July 3, 2013
The third Expert Group (EG) meeting for the
bilateral project IICA GIZ Business Responsibility
Initiative was conducted at the IICA campus,
Manesar. The meeting was presided over by Dr.
Bhaskar Chatterjee, DG & CEO, IICA and
Chairman of the EG. At the meeting, the Project
Implementation Agreement between IICA and
GIZ was signed, marking a milestone for the
extended phase of the IICA - GIZ Business
Responsibility Initiative. Dr. Chatterjee and
Stefan Helming, Country Director, GIZ, signed
the agreement.
Implementation Agreement Signed For
n
Guidelines & National Voluntary Guidelines
August 6, 2013
IICA took part in an event on 'Responsible
Business Conduct, OECD Guidelines & National
Voluntary Guidelines' organised in Bangalore.
The seminar discussed the points of
convergence between India's National
Voluntary Guidelines and OECD guidelines,
both looking at fostering responsible behaviour
of businesses and encouraging them to be triple
bottom line compatible. A detailed presentation
was given on voluntary nature of both NVGs
and OECD guidelines, and it was explained how
these guidelines play an enabling role for
businesses and the stakeholder community in
their respective countries.
Fostering Responsible Business: OECD
Mr. Gerardo Patacconi, Chief-CBL Unit of UNIDO, Vienna, addressing the audience
n 2012 held at Hyderabad, Delhi & Mumbai
The National Conference on Companies Bill, 2012 was held in Hyderabad on July 26, 2013 in collaboration with the Institute of Public Enterprise (IPE).The conference was well attended by officials from various public sector organizations and corporates of Andhra Pradesh. Eminent speakers at the event included Chartered Accountants, Cost Accountants and Management Experts. Prof. R K Mishra, Director, IPE, was the Guest of Honour at the conference. Some of the topics covered during the technical session were - Role, Respons ib i l i t i e s & Accountab i l i t y o f Independent Directors & Board Procedures & Corporate Governance and Enhanced Disclosure Norms and Secretarial Standards, Cost Audit, Companies Bill, 2012, Shareholders Empowerment & minority rights & Class Action Suits. Prof. P.R.R. Nair, represented IICA at the Conference. The DG&CEO of IICA delivered the valedictory address.
The "National Conference on Companies Bill, 2012 - Understanding New Law in a Day" was held at New Delhi on August 14, 2013 in collaboration with the Corporate Knowledge Foundation (CKF). It was attended by 132 participants and Probationary Officers' of ICLS Academy. The conference shed light on various topics such as Auditors, Accounting & Audit Standards, Enhanced Disclosure Requirements, and Investor Protection & Shareholder's
National Conference on Companies Bill,
34
n 2012 held in Chandigarh & Pune
IICA organised the fourth and the fifth National Conference on Companies Bill, 2012 at Chandigarh and Pune on May 14, 2013 and June 8, 2013, respectively. The Chandigarh conference was held in collaboration with the Institute for Development and Communication (IDC). Various technical sessions held during the conference shed light on topics such as Companies Bill, 2012 and their implications, role, responsibility and accountability of independent Directors, rotation of auditors, restriction on advisory services by auditors, and Corporate Governance & Transparency. Prof. P R R Nair represented IICA at the Conference.
At Pune, the National Conference on Companies Bill, 2012 was jointly organised by the IICA and the Karve Institute of Social Service, in association with CSR Pune and Maratha Chamber of Commerce and Agriculture to acquaint corporate personnel and NGOs with the provisions of the new Companies Bill, 2012 (passed in Lok Sabha and awaiting ratification in Rajya Sabha) and its impact on the corporate world, with special reference to CSR. Mr. Allen C A Pereira, Director, National Institute of Bank Management, Pune, was the Chief Guest at the conference. Shri. Anant Sardeshmukh, Director General, MCCIA, Pune, was the Chairperson for the event, and the Guest Of Honour was Advocate Shriniwas Inamati , Vice Chairman, Karve institute of Social Service, Pune. Prof. P R R Nair, represented IICA at the Conference.
National Conference on Companies Bill,
CENTRE FOR RESPONSIBLE CORPORATE GOVERNANCE
Empowerment. Prof. P.R.R. Nair, represented IICA at the Conference.
In Mumbai, the conference on Companies Bill, 2012 was organised on August 21, 2013 in collaboration with Corporate Knowledge Foundat ion (CKF) . Eminent speakers enlightened the participants with their knowledge on Corporate Restructuring, Mergers & Acquisitions, Board Procedures, and Rotation of Auditors, Restriction on Advisory Services by Auditors, Class Action Suits & Special Courts, etc. Prof. P.R.R. Nair, represented IICA at the Conference.
n Management Course inaugurated at Delhi School of Economics
November 11, 2013
The Head, Centre for Responsible Corporate Governance, IICA, Prof. P R R Nair, was invited as the Chief Guest at the inaugural function of the New Commerce and Financial Management Course at Delhi School of Economics.
n National Conference on Companies Act, 2013 held in Chennai, Cochin and Visakhapatnam
The Centre for Responsible Corporate Governance, IICA, continued its initiative of National Conferences on the Companies' Act 2013 with events at Chennai, Cochin and Visakhapatnam on November 7, December 5, and December 10, 2013 respectively.
The first conference on the Companies Act, 2013 was organised in Chennai on November 7th, in collaboration with the Madras Chamber of Commerce and Industry, well attended by over 80 participants, including eminent dignitaries. The conference saw discussions on topics such as Overview of New Companies Act, 2013, Investor Protection and Shareholder Empowerment, and Auditors, Accounting & Auditing Standards, and Company Law/ Corporate Matters. Prof. P R R Nair, represented IICA at the Conference.
The second National Conference on the Companies Act, 2013, conducted on December
N e w C o m m e r c e a n d F i n a n c i a l
5, 2013 at Cochin was in collaboration with The Fertilizers and Chemicals Travancore Ltd., (FACT), a Govt. of India undertaking.
The conference was inaugurated by Sri Jaiveer Srivastava, Chairman & Managing Director, FACT. Dr. Bhaskar Chatterjee, DG & CEO, Indian Institute of Corporate Affairs (IICA) delivered the key note address at the seminar. It also included sessions on various subjects conducted by Dr. S. Kumar, Legal Advisor, IICA Ms. Gayatri Subramaniam, Sr. Consultant, IICA and Prof. P R R Nair.
The third conference on Companies Act, 2013 was held on December 10, 2013 at Andhra University, Visakhapatnam. It was jointly organised by School of Corporate Law and Centre for Responsible Corporate Governance, Indian Institute of Corporate Affairs.
The conference was inaugurated by Dr. Bhaskar Chatterjee, DG & CEO, IICA. The key resource persons in the conference were Dr. S Kumar, Legal Adviser, IICA, Prof. P R R Nair, Head, CRCG, Sri E A S Sharma, former Secretary to Govt. of India, Sri. Prof. Lakshmi Nath, Vice Chancellor, National Law University, Patna, and Sri D V Subba Rao, former Chairman, Bar Council of India.
n Chennai
The Centre for Responsible Corporate Governance conducted a series of seminars on the Companies Act, 2013 in Chennai. The first
Seminars on Companies Act, 2013 at
35
Lighting of lamp at Seminar on Companies Act 2013 on January 3, 2014
one focused on Governance through Corporate Social Responsibility, Independent Directors and Auditors.
The seminar was organised on January 3, 2014 in collaboration with Corporate Knowledge Foundation, New Delhi. Prof. P R R Nair, Head, Centre for Responsible Corporate Governance, IICA and Dr. S Kumar, Legal Adviser, IICA took sessions at the seminar.
The DG & CEO of IICA chaired the valedictory function and spoke at length on Corporate Social Responsibility.
Another seminar on Companies Act, 2013 was held on January 4, 2014 at Chennai in collaboration with Madras Chamber of Commerce and Industry.
n Seminar on Companies Act, 2013
The Centre for Responsible Corporate Governance, IICA, conducted a National Conference on “Companies Act, 2013 - New Rules for the Game” at Kolkata on January 14, 2014 in collaboration with ASSOCHAM. It was attended by over 75 participants.
Dr. Bhaskar Chatterjee, DG & CEO, IICA, inaugurated the conference and gave the key note address. Dr. Chatterjee also enlightened the participants by sharing his knowledge on Corporate Social Responsibility (CSR).
Prof P R R Nair, Head, CRCG, gave a brief overview of IICA and shared the details of such conferences that have been conducted so far. Eminent speakers took sessions at the seminar.
The Centre along with ASSOCHAM conducted another National Conference on Companies
IICA and ASSOCHAM conduct National
36
Panel of speakers at the conference
Head, Centre for Responsible Corporate Governance, IICA, addressing the participants at the seminar at Chennai.
Lamp lighting ceremony at the conference at Kolkata
Head, Centre for Responsible Corporate Governance, IICA, addressing the participants at the conference at Kolkata
Act, 2013 at Coimbatore on January 18, 2014 which was attended by 70 participants. The conference was inaugurated by Justice V Ramasubramaniam, Judge, Madras High Court. This was followed by a key note address given by Shri T S Krishnamurthy, former Chief Election Commissioner of India.
Other speakers present at the conference were Prof. P R R Nair, Head, Centre for Responsible Corporate Governance, Shri. K.K. Balu, Former Vice Chairman, Company Law Board, Dr. S Kumar, Legal Adviser, IICA and Mr. R Sannareddy, Co-Chairman, ASSOCHAM, Southern Regional Council.
n
February 10 - 13, 2014
The Centre conducted a three and a half day training programme for senior officers of Serious
Training programme for SFIO officers
Fraud Invest igat ion Off ice (SF IO) , a multidisciplinary organisation of Government that investigates serious financial frauds, at IICA campus in Manesar. The programme was inaugurated by the DG & CEO, IICA.
Some of the other eminent speakers included CA Rajiv Arya, Shri Kaushik Datta, Director, Thought Arbitrage Research Institute, Shri R.K. Srivastava, SSO-I (Computer Forensics) CBI - CFSL, Dr. B.N. Ramesh, IPS, Shri Pawan Vijay, former President, ICSI, Dr. S Kumar, Legal Advisor, IICA, Shri S K Sharma, Director of Prosecution, CBI and Dr. Jacob Mankidy, former Professor, NIBM, Pune.
The interactive sessions of the training programme shed light on various topics such as 'Conceptual Understanding of different laws applicable in India relating to cheating, fraud, forgery, misrepresentation, criminal breach of
37
'National Conference on Companies Act, 2013 conducted at Coimbatore
trust and manipulation and falsification of accounts, Overview of Companies Act, 2013, Violation under acts like Prevention of Money Laundering Act, 2002, (PMLA), Income Tax Act, 1961, Central Excise Act, 1994, Service Tax, Sales Tax Act, 1956, Indian Contract Act, 1872, etc.', 'Investigation Techniques/Process SFIO, Basic Concepts of Corporate Fraud - International and Indian Context, etc.
The training programme ended on February 13, 2014 with a valedictory note by Prof P R R Nair, Head-Centre for Responsible Corporate
38
Governance, IICA. Shri. Balwinder Singh, former Special Director CBI, was the Chief Guest for the valedictory function.
Prof. P R R Nair, Head, CRCG was the guest of honour at the annual convocation of the School of Law at Cochin University of Science and Technology, on 12th March 2014 and delivered a lecture on Companies Act, 2013 and relevance of Corporate Governance in the Indian context. The meeting was chaired by Sri Antony Dominic, Judge of Kerala High Court and was attended by the Vice Chancellor and faculty.
Eminent speakers of SFIO training programme with participants and IICA staff at Manesar.
benefits of partnership. It also aimed at forging meaningful partnerships between NGOs and corporations. The conference emphasized the fact that CSR activities of any organization should have a strong Indian orientation and the initiatives should address social, economic, and environmental issues prevailing in our country.
nProvisions
May 23, 2013
The U.S. India Business Council (USIBC) hosted a conference call on “The Companies Act, 2013 & Corporate Social Responsibility: An Examination
USIBC Conference Call examines CSR
39
nConference on CSR in India' at Mumbai
April 16 & 17, 2013
A two - day “Global Conference on Corporate Social Responsibility in India” was organized by Samabhavana Society in partnership with IICA at Mumbai. IBM was the presenting sponsor while HDFC Life Ltd. and TCCI were the Associate Sponsors of the conference.
The objective of the conference was to help various organisations to understand the requirements for integrated CSR with their core business operations, and to highlight the
IICA & Samabhavna organise 'Global
Panel of speakers of Global Conference on 'Corporate Social Responsibility in India'
NATIONAL FOUNDATION FORCORPORATE SOCIAL RESPONSIBILITY (NFCSR)
of the CSR Provisions in the Legislation and What They Mean for Companies”. Mr. Nikhil Pant, Chief Program Executive, NFCSR represented IICA at the conference. He discussed the objectives of the provisions, how they will be implemented. Over 150 people participated in the conference call.
nCommittee
May 24, 2013
An AMCHAM - CSR Committee Meeting was held at Gurgaon to discuss the vision, agenda and roadmap for the Committee. The meeting was attended by AMCHAM Committee Members, Mr. Deepak Jolly, Chairman, CSR Committee and Ms. Kini Ohri, Secretariat, AMCHAM Committee & Program Coordinator. Mr. Nikhil Pant from NFCSR, IICA, was invited as the guest speaker. It was suggested that the AMCHAM - CSR Committee should be used as a platform and a structured forum to share best practices which in-turn would create a knowledge hub leading to a cross fertilization of ideas, foster intra corporate collaborations, internally between AMCHAM members and externally including other corporates, to spearhead common social projects, and enable public private partnerships between the Government, NGOs, community members, and various stakeholders.
n Workshop on Accelerating Business Action on Climate Change, Sustainability, and CSR
June 4, 2013
WWF India and Carbon Disclosure Project (CDP) jointly organised a workshop on accelerating bus iness ac t ion on c l imate change, sustainability, and CSR at WWF, Delhi. . The objective of the workshop was to foster better understanding of companies on the vital issues such as climate change, sustainability, and CSR. Mr. Nikhil Pant, Chief Program Executive, NFCSR, IICA, delivered key note address demonstrating the government's commitment and strategy on corporate action for climate change and CSR. He also discussed the new CSR
Defining the Roadmap for AMCHAM - CSR
law under the Companies Act, 2013 and its implications for Indian companies. Other topics that were discussed during the workshop were - main facets of CDP India 2012, CDP questionnaire and scoring methodology, and services offered by SGS and Accenture to empower companies to measure, manage, and report their climate change data.
nDehradun
June 5, 2013
On the occasion of the World Environment Day, IICA and the PHD Chamber of Commerce and Industries (PHDCCI) organised a one - day conference titled "Environmentally Responsible Industry & Beyond: Clean Ganga & Green Uttarakhand" at Dehradun.
The conference highlighted the issue of industries rampantly discharging their wastes into rivers in Uttrakhand. It also discussed the future plan of action to control pollution in the River Ganga, which is increasing due to industrial waste, sewage, tourism etc. The event emphasized on the need to formulate separate policies for industries and to promote non - polluting and environment friendly activities.
Around 100 delegates from various industries, civil society organisations, and academia
PHDCCI & IICA organise conference at
40
Ms. Gayatri Subramaniam at conference on 'Environmentally Responsible Industry & Beyond: Clean Ganga & Green Uttarakhand' at Dehradun
attended the workshop. Ms. Gayatr i Subramaniam and Ms. Geetanjali Gaur represented IICA in the conference. Ms. Subramaniam gave a presentation on the role played by IICA in the area of sustainability and environment with special emphasis on the provisions of the same in the Companies' Act 2013.
non Companies Bill, 2012
July 16, 2013
A one day National Conference on Clause - 135 of Companies Bill, 2012 was organised at Chennai. IICA was the knowledge partner for the conference, which was supported by the British High Commission, Madras Chamber of C o m m e r c e a n d I n d u s t r y , N A S S C O M Foundation and driven by NextGen. The conference highlighted the catalytic role of the Bill in creating an enabling environment for well - structured, long-term CSR strategies and projects that can effectively solve the social, economic, and environmental issues in the country. Other aspects such as Philanthropy vs CSR vs Business, CSR in the Indian Scenario and the Regulatory Landscape, provision of the Bill on CSR Policy and spending by companies were also discussed.
n Pan India Workshops on Business Responsibility Reporting Framework
IICA organised three national capacity building workshops in the months of May, June and July 2013 at Mumbai, Delhi, and Bangalore to develop a clear understanding of the spirit and the intent of Business Responsibility Reporting (BRR) and to help companies to make effective and smart compliance on the issue., The workshops provided guidance on preparation of meaningful BRR reports and to begin the process of aligning the internal processes of the companies to the NVGs to derive long term sustainability benefits, the fundamental objective of the NVGs.
A large number of corporates attended the workshops and were represented by professionals such as Compliance Officers,
IICA collaborates in National Conference
Company Secretaries, CSR Managers, HR professionals, and Chartered Accountants.
nImpact of Section 135
August 7, 2013
Federation of Indian Chamber of Commerce and Industry (FICCI) in partnership with IICA organised a seminar on “Corporate Social Responsibility – Companies Act, 2013 and Impact of Section 135” at Mumbai.
The seminar was organised with the objective to bring more awareness among industry stakeholders about various changes being brought through Companies Act, 2013 with respect to how companies spend on CSR
Seminar on CSR: Companies Bill, 2012 &
41
Speakers of seminar on Corporate Social Responsibility at Mumbai
activities and what kind of activities qualify for compliance. The seminar was attended by over 90 industry representatives.
Dr. Bhaskar Chatterjee, DG and CEO IICA; Mrs. Rajashree Birla, Chairperson, FICCI committee on CSR and Director, Aditya Birla Group; J S Saharia, Additional Chief Secretary, Education and Sports, Government of Maharashtra; Rashesh Shah, Chairman, FICCI - Maharashtra State Council and Kumar Iyer, British Deputy High Commissioner, Western Region and Director General, UKTI were some of the eminent speakers present at the inaugural session of the seminar.
nMeeting at IICA
August 13, 2013
Steering Committee of National Foundation for Corporate Social Responsibility (NFCSR) conducted its first meeting at the IICA campus, Manesar. The foundation has been established under IICA by the Ministry of Corporate Affairs to help create a national platform for the corporate sector to work in partnership with the Government, Non-Governmental, Civil Society Organizations, local community organizations to work together to collaborate in the field of CSR. NFCSR will undertake strategic communication on large scale to raise awareness on Corporate Social Responsibility by providing research, training, practice, capacity building, standard setting, advocacy, rating, monitoring, recognition and related support in the field.
n IICA organises NGO Meet at Manesar
August 21, 2013
IICA organised a meeting of NGOs at its campus at Manesar to brief the NGOs about the role they can play in achieving the CSR objectives.
Around 15 NGOs participated in the meeting.
n IDFC Foundation's second Annual Conference
September 5, 2013
IDFC Foundation, established by IDFC Limited, India's leading infrastructure financing intermediary, organised its flagship annual conference to commemorate its second anniversary at New Delhi. The theme of the conference was “CSR (Corporate Social Responsibility) or SRC (Socially Responsible Corporates) - the route to nation building”. The conference saw discussions over corporate affairs, and how CSR should be looked at as something beyond mere compliance with the new Companies Act, 2013. Representatives from corporate India, academic institutions, non-government organizations and various Government Departments took part in the conference.
Steering Committee of NFCSR Holds First nthe IICA, connects corporate CSR with deserving NGOs
October 4, 2013
I ICA along with Vibha, a non-prof i t organization, conducted a "CSR Meet" to connect Corporates with deserving NGOs across India. The conference brought all its partner projects associated with Vibha on one platform with a mission to “Connect, Share and Leverage”. The DG & CEO, IICA, was the Chief Guest and the key note speaker at the event, organised at the United Theological College, Bangalore. Dr. Chatterjee, in his address, gave a presentation on the CSR provisions of the New Companies Act, 2013.
The conference served as a platform for corporate CSR to partner with the grassroots NGOs and Social Entrepreneurs. This system is intended to empower corporates in identifying the right project match on the basis of beneficiary profile, social issue and geography.
n PHDCCI conducts New Companies Act, 2013 Seminar in Dehradun
October 26, 2013
The PHD Chamber of Commerce and Industry organised a one day seminar on New Companies Act, 2013 in Dehradun in partnership with IICA. The Guest of Honor was Dr. Bhaskar Chatterjee, DG & CEO, IICA. The other panellists included Dr. S. Chandrasekaran, Management Committee Member of the PHD Chamber, Shri. Anil Jaggi, Consultant CSR and Member PHD Chamber, Shri.H.P. Vyas Practicing Company Secretary and Shri. Rajeev Jha, Company Secretary with SIDCUL. The objective of the seminar was to sensitize the business fraternity about the implications of the new approach to Corporate Governance through the New Companies Act, 2013 in line with global best practices.
n National CSR Summit- 2013
IICA along with Shikhar Organistaion, a developmental organization facilitating community development initiatives since 2001,
Vibha organisation in association with
42
organised a National CSR Summit with the objective of delivering a better understanding of future requirements related to CSR as per the new Companies Act, 2013.
The Summit, conducted i n t h e m o n t h s o f S e p t e m b e r a n d October 2013, was organised at New Delhi.
The Guests of Honour o f t h e S u m m i t o r g a n i s e d o n September 23, 2013 were Mr . Sandeep K u m a r J a j o d i a , Managing Director, Monnet Ispat Energy Limited, and Mr. S.Y. Saddiqui, COO, Maruti Suzuki India Ltd.
The event was divided into three broad sessions, which shed light on various topics such as: 'Companies Act, 2013 Clause 135 Opportunities and Challenges', 'CSR and Social Change: A new Paradigm', and 'Public Private Partnership approaches in CSR: Myth or Reality?'
Another National CSR Summit was organised on October 18, 2013. The total number of participants at the event was 200 out of which 82 were from corporates, 15 from different NGOs and 103 were MBA students, Lecturers, and educationists.
nby Global Compact India
November 15, 2013
Global Compact Network India organised India Sustainability Dialogue: The Ecological Challenge at New Delhi, to discuss sustainability related issues, focussing specifically on the Economic , Environmental and Socia l dimensions. Shri A. B. Chakraborty, Chief Sustainability Officer, IICA, spoke at the
India Sustainability dialogue organised
inaugural session highlighting the perspective of the Government with regard to sustainability and the ecological challenges.
n ‘at New Delhi
December 19, 2013
The Centre for Ethical Life & Leadership (CELL), a not-for-profit organization led by Dr. S Y Quraishi, former Chief Election Commissioner of India, organised a half-day Conclave titled 'UN - Corporate MDG Conclave' in association with the Indian Institute of Corporate Affairs (IICA) and the UNDP at New Delhi. The core idea of this conclave was 'aligning Business Action to Achieve the MDGs.'
The conference was organised with the objective of formulating a strategic approach towards CSR by reviewing where we stand on various development indices and find the gaps most in need of intervention.
The event was attended by over 100 participants from the corporate sector, academia, NGOs and Government sector.
UN - Corporate MDG Conclave' organised
43
Panel of speakers at UN Corporate MDG Conclave
nValue Proposition for Promoting Social Entrepreneurship
January 22, 2014
The NFCSR conducted the second in the IICA Round Table Series 2014: CSR as a Value P r o p o s i t i o n f o r P r o m o t i n g S o c i a l Entrepreneurship, in partnership with Narsee Monjee Institute of Management Studies.
The Roundtable started with a welcome address delivered by Prof. Debashis Sanyal, Dean, School of Business Management, Shri Vile Parle Kelavani Mandal Narsee Monjee Institute of Management Studies (SVKM's NMIMS).
Dr. Sanyal laid emphasis on the importance of inclusivity if India wants to contribute to creating global value. The issue of reducing inequalities needs to be addressed by business as it will otherwise lead to greater inequalities and the gap between the have and have-nots will continue to increase.
He also gave an insight into the University's strong commitment to influence the quality of
IICA Roundtable Series 2014: CSR as a
management teaching in the business and the non-profit sector.
nprofessionals on CSR at IIM - Kolkata
January 29, 2014
A session on the CSR p r o v i s i o n s o f t h e Companies Act, 2013 and the proposed BSE - I ICA CSR Index was conducted by Ms. Chetna Kaura, Chief Programme Executive, NFCSR, IICA, at the Indian Institute of Management, Kolkata.
The session was conducted as a part of the advocacy and dissemination efforts of the IICA in the domain of CSR. IIM Calcutta undertakes a one year Post Graduate Programme for Executives (PGPEX), which gives mid-career professionals the ideal platform to augment their existing skill sets as they endeavour to armour themselves for senior and top management roles in the industry.
Informing career
44
Lamp lighting ceremony at the 'IICA Round Table Series 2014: CSR as a Value Proposition for Promoting Social Entrepreneurship'
Ms. Chetna Kaura, Chief Programme Executive, NFCSR, IICA at IIM Kolkata
nNFCSR
February 11, 2014
The second National CSR Summit - 2014 “CSR and Sustainability: A Value Proposition for Business” was organised in association with The United Nations Global Compact Network India, at Mumbai. IICA was the Summit Partner.
The summit was divided into three technical sess ions that shed l ight on var ious opportunities, challenges and issues involved in leveraging Corporate Social Responsibility for carrying forward the benefits of growth to the masses. The summit also deliberated upon the changing dynamics of CSR.
Mr. Nikhil Pant, Chief Programme Executive, National Foundation for Corporate Social Responsibility, represented the Indian Institute of Corporate Affairs at the Summit.
Second National CSR Summit by the nCSR'
February 24, 2014
IICA in collaboration with Partners in Change, NGOBOX and Fiinovation organised a pioneering conference 'Better Education through CSR' at New Delhi, with the objective of learning from leaders about the different models of CSR partnerships in the education sector and providing networking opportunities to scale up innovations in the field of Corporate Social Responsibility.
The conference brought various actors together under one roof to deliberate on fostering partnerships that will take the idea of better education forward.
The forum deliberated on the issues of availability and access to quality education facilitated through multiple partners of CSR like corporations, government and civil society as well as on further scope for innovations.
n Joint Summit to explore CSR concepts
February 26, 2014
Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) and NGO VANARAI conducted a conference on 'Corporate Social Responsibility (CSR) in India - A Road Ahead' at Pune, with the aim of forging meaningful long-term partnerships between various NGOs and corporate organisations across the country.
Mr. Nikhil Pant, CPE, National Foundation for
Conference on 'Better Education through
45
Panel of speakers at the second National CSR Summit-2014 at Mumbai
Ms. Chetna Kaura, Chief Programme Executive, NFCSR, addressing the audience at the conference
Mementos distributed to speakers during the CSR conference at Pune
Corporate Social Responsibility, represented IICA at the conference.
The meet explored various topics on the latest CSR recommendation of the Companies Act, 2013. It demystified CSR concepts to enable various organisations to take a re-look at their CSR strategies to ensure their activities are meaningful after the advent of the Companies Act, 2013.
n
March 4, 2014
Mr. Nikhil Pant, NFCSR, represented IICA at the Global Finance Strategies Roundtable held at New Delhi.
The roundtable which brought together government, donors, public-private partnership principals, international NGOs and national NGOs under one roof, was organised to examine the shift in funding for international health and development, the impact on local and international partners and possible solutions and responses to these trends.
n National Media Workshop - Why do women need property Rights?
March 5, 2014
Non-profit organisations, Landesa and Oxfam, organized a National Media Workshop on “Why do women need property rights?” at New Delhi.
Participants at the workshop from IICA were Prof. P R R Nair and Ms. Shashikala, along with others.
Global Finance Strategies Roundtable
The workshop shed light on how women's property rights are limited globally by social norms, customs and at times legislation, lowering their economic status and hampering other opportunities. The workshop was organised with the objective of discussing how ownership of land and property empowers women and provides income and security and also to create awareness among women regarding their right to property.
‘n
March 5, 2014
The Swedish Chamber of Commerce India (SCCI) along with Sandvik Asia conducted a half day workshop that focused on the requirements specified in the new CSR Rules, the global progress in CSR and sustainability and the Indian Corporate's perspective of CSR.
The workshop was ideally timed in view of the Companies Act, 2013. Considered a first of its kind, the new legislation requires a certain class of companies in India to spend 2 percent of their three year average annual net profit towards CSR activit ies. The workshop was an opportunity for community based organisations and Corporations to collaborate with each other and discuss their CSR initiatives.
The workshop was chaired by the DG & CEO of IICA and graced by the presence of Mr. Pooran Pandey, Executive Director UN Global Compact Network India and Dr. Anand Vasudevan, Head, Sustainability and Strategy at Accenture. Ms. Chetna Kaura, Chief Programme Executive, NFCSR, IICA, also attended the workshop.
IICA and Samabhavana Society collaborate in capacity building of NGOs and Social Enterprises
Samabhavana Society, a non-profit community based organisation, conducted a series of training workshops for NGOs and Social Enterprises, with the support of Indian Institute of Corporate Affairs across India.
The 3Cs (Capacity, Capability and Connects) Training Workshop was organised in four geographical zones (Mumbai, Bangalore, Kolkata and Delhi).
The Way Forward with CSR Rules'
46
Participants during the conference on 'Corporate Social Responsibility (CSR) in India: A Road Ahead'
Participants with IICA staff during selection of Master trainers for ICP in CSR
The workshop was organized on February 17 & 18 at Mumbai, February 21 & 22 at Bangalore, March 13 & 14 at New Delhi and March 20 & 21 at Kolkata.
The series of workshops were organised to bridge the gap between the partnerships essential between NGOs and Corporates engaged in CSR, so as to help them identify their core strengths to create shared value for sustainability, thereby creating an enabling environment for strategic CSR and social innovation.
n
NFCSR aims to build an enabling environment for the corporate sector to work in partnership with the Government, Non-Government and Civil Society Organizations, as well as local community organizations for effective contribution towards sustainable growth and development.
Towards this objective, the Foundation has created an IICA Certificate Programme (ICP) in CSR. It is a 9 months training programme
ICP - CSR Course developed by IICA
formulated for developing trained and certified CSR Professionals in the country to meet the burgeoning requirement for such professionals in the light of new implications emerging out of Section 135 of the Companies Act, 2013.
The Foundation signed agreements on October 3 and 9, 2013 at IICA, New Delhi with 14 Organisations as partners in the development of a pilot batch of at least 200 CSR Professionals in 2014. Dr Bhaskar Chatterjee, DG & CEO, IICA & the NFCSR team were present at the signing of Agreement. The final selection of Master Trainers for ICP in CSR from these organisations was conducted on October 25, 26 and 28, 2013 at IICA, Manesar, through a four-round process of Essay Writing; Mock Lecture; Online Chat and Interview. 47 trainers appeared for the selections of which 40 were finally selected.
n
In a bid to create awareness and implement the CSR provisions of the Companies Act, 2013 and the Rules framed there under and to hold a large n u m b e r o f M a n a g e m e n t / E x e c u t i v e Development Programs for orientation of Corporate executives both at mid and senior
CSR Gateway and Training
47
the Partner Organisations on December 26, 2013 at Hotel Janpath, New Delhi to discuss the Terms & Conditions (T&C) of the Agreement to be signed with each Partner by IICA.
n
IICA signed an MoU with the Bombay Stock Exchange (BSE) on September 23, 2013. An important deliverable stated therein is the development of a CSR Index.
With this objective, an Advisory Committee (AC) to develop the CSR Index was set up in October 2013 comprising of senior officials from the IICA and the BSE. The members of the committee from IICA were Mr. Atul Dev Sarmah, Head, Centre for IP&CC, Ms. Chetna Kaura, CPE, NFCSR, Mr. Nikhil Pant, CPE, NFCSR. The first meeting of the AC was held at IICA, Manesar on November 1, 2013. It deliberated on the process and parameters to be adopted for the development and launch of the CSR Index post the first reporting in March 2015. A Joint letter was sent to approximately 1400 BSE listed companies that qualify under the Act, in December 2013, apprising them of the CSR Index, its concept, the roll-out dynamics and welcoming them to partner in the development process through consultations etc. A number of companies have so far responded positively.
Development of a CSR Index
48
levels etc., IICA had invited an Expression of Interest (EOI) in June 2013. Various organisations were invited for Development of training modules and certified training sessions for the Corporate Sector on Corporate Social Responsibility(CSR), and assisting in strategy formulation for the formation of a Global Gateway for CSR.
Twenty four organisations appeared for a presentation before an IICA Selection Committee on October 7, 8 & 18, 2013 at the IICA Campus, Manesar. The following 10 organizations were selected after due scrutiny and assessment: KPMG, Partners In Change, TERI, Samhita, E&Y, Price Waterhouse Cooper Pvt. Ltd., SOSVA(Society for Service to Voluntary Agencies ) Training and Promotion Institute, D e l o i t t e , C e n t r e f o r E n v i r o n m e n t Education(CEE), and NextGen Pvt. Ltd. All selected organisations submitted an Action Plan based on their capabilities and the perceived CSR roll-out need in the country by November 20, 2013.
A meeting, headed by the DG & CEO, IICA, was conducted on December 3, 2013 at FAZAL Chamber, SCOPE Complex, New Delhi, for allocation of thematic CSR Services to the 10 selected CSR Gateway & Training partners. Another round of consultation was held with
Session in progress: CSR Gateway and Training
49
Chamber, SCOPE Complex, Lodhi Road, New Delhi. The meeting was chaired by the DG & CEO, IICA. A total of five members were present apart from the NFSCR staff who attended the meeting.
n
A Gap – Analysis process was initiated by the I ICA to capture requirements in the development sector where the CSR capital that will soon be available from Financial Year 2014-15 must be directed for creating a catalytic impact. Exhaustive literature would be developed as part of action research out of such deliberation as an ongoing process in order to inform CSR Policy formulation in companies as also use as teaching-learning material in IICA CSR trainings.
The first roundtable 'CSR as a Value Proposition for Education in India' was conducted on December 18, 2013, at New Delhi. It was conducted in partnership with Teach for India and Central Square Foundation, two leading organisations working on child development and education. The event was attended by a total number of 110 participants out of which 38 were from corporates, 46 from NGOs, 10 from PSUs and 14 were others.
n National Seminar on Sustainability
January 18, 2014
IICA Round Table Series
MEETINGS, PRESENTATIONS AND ENGAGEMENTS OF THE NFCSR
A session on CSR Rules Awareness was organized in partnership with KPMG, on October 17, 2013 at Mumbai. The event, which was addressed by the DG&CEO, IICA, was attended by over 30 representatives from corporate CSRs.
On November 14, 2013, a luncheon meeting with Ms. Nancy Powell, US Ambassador to India, was organized to explore CSR prospects for US interests in India. DG & CEO, IICA and Mr. Nikhil Pant, Chief Programme Executive, National Foundation for CSR (NFCSR) IICA were invited.
A presentation to the Planning Commission was made by the DG & CEO, IICA on Section 135, Companies Act, 2013 on November 27, 2013.
IICA was invited by American Express Leadership Academy to be part of a panel to guide and mentor budding NGO leaders, on December 4, 2013. Mr. Nikhil Pant, Chief Programme Executive, National Foundation for CSR (NFCSR) IICA, conducted a session on the Companies Act, 2013 and how the civil society leaders could leverage this as an opportunity to align themselves with the national development sector agenda.
n N F C S R Advisory Group c o n d u c t s f i r s t meeting
The Advisory Group of the National F o u n d a t i o n f o r Corporate Social R e s p o n s i b i l i t y ( N F C S R ) , I I C A , conducted its first m e e t i n g o n December 19, 2013 a t t h e F a z a l
Panel of speakers at National Seminar on Sustainability
50
Shri A. B. Chakraborty, Chief Sustainability Officer, represented IICA at a one day National Seminar on 'Sustainability – Corporate Evolution through Consciousness'. The seminar was organized by Sri Aurobindo Foundation for Integral Management at New Delhi. The programme discussed 'The guiding values for Corporate Governance – an Integral Approach'.
Representing IICA at the event, Shri A. B. Chakraborty, Chief Sustainability Officer, conducted a session on 'Corporation, Community and Sustainability – an Integral Approach.’
nSustainability
February 26, 2014
IICA took part in “Responsible Growth; a
CII Seminar on Inclusive Development &
Business Imperative” - a one day conference on Inclusive Development and Sustainability, organised by the Confederation of Indian Industry (CII) at Mumbai.
The programme focused on policy solutions for forging the growth agenda and use of natural resources in an efficient and evolved way.
The event also shed light on other issues such as competitive solutions to keep environmental impact to the minimum, adequate control on consumption of energy and other natural resources, focus on faster cultivation of inclusiveness of human and social elements to bring about radical changes in the eco system and making a business case for sustainability.
Shri A. B. Chakraborty, Chief Sustainability Officer, IICA, delivered a lecture on “Emerging Social Implications on Responsible Growth”.
Shri A. B. Chakraborty addressing the audience at Conference on inclusive development and sustainability
51
nGreentech Environment & CSR Conference
January 29, 2014
IICA supported the non-profit organisation Greentech Foundation in organising a two day National meet on Environment & CSR at Chandigarh.
The event brought together approximately 360 E n v i r o n m e n t a n d C o r p o r a t e S o c i a l Responsibility (CSR) professionals and experts who exchanged views and knowledge on "Aligning Sustainabil ity and CSR with Organizational Goals".
IICA partners in the 14th Annual
Participants at the National conference on Environment & CSR at Hotel JW Marriott, Chandigarh.
Dr. Bhaskar Chatterjee, DG&CEO, IICA, who inaugurated the event and graced the meet as the Chief Guest enlightened the audience on Corporate Social Responsibly. Shri A. B. Chakraborty, Chief Sustainability Officer, also represented IICA at the meet, and spoke at length on the topic “Imperatives of Environment Sustainability for Corporates as per the Companies Act, 2013”.
The two day national meet was held in the backdrop of the New Companies Act, 2013 with a substantial CSR component coming into force from April 1, 2014.
programmes of the schools and centres. It has a
collection of approximately 2500 volumes of
books and other publ icat ions. These
publications include training materials &
modules, annual reports, regulatory acts,
informative articles and technical write-ups,
among others. The KRC is designed to subscribe
to and subsequently provide access to online full
text journals. Classified under the DDC 23
method, the resources of the IICA KRC are
acquired on demand and on expert approval,
thereby ensuring both the quality of publication
and its relevance to the subject. The resources
are available in digital format listing to ensure
ease of manageability and classification. In
addition to the qualified professionals who deal
52
ccess to information both specific
and general, across disciplines and Ageographical borders plays a very
critical role in supporting the academic
programmes of any educational institute,
leading to the role of libraries as Knowledge
Resource centres. A library identifies, evaluates,
procures, processes knowledge resources and
then makes these learning/knowledge
resources available to the faculty and students
for their teaching, learning and research
assignments.
The Knowledge Resource Centre (KRC) of the
Indian Institute of Corporate Affairs at IMT,
Manesar has been primarily designed to meet
the requirements of the academic and training
KNOWLEDGE RESOURCE CENTRE
June 24, 2013
IICA and Mohan Law House jointly organized a
lecture on Cyber Safety by Shri Alok Mittal, IPS,
Commissioner of Police, Gurgaon, at the
Manesar Campus. Mr. Rakshit Tandon, Director
A&R Info Security Solutions Pvt. Ltd. discussed
the major points highlighted by Shri Mittal. The
lecture shed light on issues such as cyber crime
and ccyber safety, IT Act (2000), traditional ways
of crime and the new-age tactics in cyber crimes,
E-frauds, and use of Anti Spyware.
n
GOSK Visits IICA
July 24, 2013
Hon'ble High Commissioner of Mauritius, Dr.
Arye Kumar Jaessur, GOSK, paid a visit to the
IICA campus at Manesar along with Mr. Joyker
Nayeck, Deputy High Commissioner, Dr.
Pradipsing Dinassingh, Counsellor, Trade and
Economic Affairs.
The DG & CEO, IICA, welcomed the dignitaries
and showed them IICA's sprawling campus.
n Lecture on Social Issues and CSR
by Dr. S.Y. Qurashi
July 29, 2013
Dr. S.Y. Quraishi, former Chief Election
Commissioner of India, delivered a lecture on
Social Issues and CSR at IICA Campus, Manesar.
Dr. Quraishi discussed the current social issues
in India such as poverty, unemployment, lack of
education, hunger, sanitation, and women's
health etc. The Director General and CEO of IICA
concluded the lecture with a vote of thanks and
appreciated the organisers for taking such
initiatives.
Hon'ble High Commissioner of Mauritius
53
with the functioning of the library, aided by
support staff and IT consultants, in accordance
with the practice, of an operational manual
containing all rules, regulations and procedures,
a draft “Library Manual” and Strategic plan has
been prepared for the smooth functioning of
the KRC. The manual identifies all crucial
functional modules and delineates a clear policy
on the modality of the activities of the library
such as collection, development, provision of
information services, management of other
academic support facilities etc.
The activities of the KRC in the financial year
2013-14 are as follows:
n
the Author' programme
April 29, 2013
IICA and Penguin Books India jointly organized
a programme titled "Meet the Author" at the
Manesar Campus for a dialogue with Mr. Pavan
Sukhdev, Founder CEO of GIST Advisory and
author of "Corporation 2020" (Penguin Books)
with Dr. Bhaskar Chatterjee, Director General
and CEO, IICA as the Chief Guest and Prof. Asish
Bhattacharya, Head, School of Corporate
Governance and Public Policy, IICA. Mr. Sukhdev
gave a presentation to depict how business
community can benefit from the new form of
business. Defining Green Economy as an
economy that delivered human well-being and
increased social equality, Mr. Sukhdev stressed
upon narrowing the gap between the rich and
the poor, by enriching the poor.
n Lecture on Cyber Safety by Shri. Alok
Mittal, IPS, Commissioner of Police,
Gurgaon
IICA & Penguin Books organize 'Meet
Dr. Bhaskar Chatterjee DG&CEO
HR Department Mr. R. Sitaraman Manager & Chief Administrative Officer
ICLS Academy Mr. S K Agarwal Director(till Oct. 31st 2013)Mr. N K Bhola( from Nov. 1st 2013)Mr. J.K. Jolly Joint Director
School of Competition Law Shri. Dhanendra Kumar Principal Advisor& Market Regulation Dr. Navneet Sharma Associate Professor & Head
School of Corporate Dr. Asish K. Bhattacharyya HeadGovernance & Public Policy Dr. Garima Dadhich Assistant Professor
School of Corporate Law Prof. Rajendra Prasad Head
School of Finance Mr. Ravi Chatterjee Sr. Programme Executive
Centre for Institutional Mr. Atul Dev Sarmah HeadPartnerships & Corporate Communications
Centre for Responsible Prof. P.R.R. Nair HeadCorporate Governance
Centre for Business Ms. Divya Rajput HeadInnovation & IT Services
National Foundation for Ms. Gayatri Subramaniam Chief Programme Executive Corporate Social Responsibility Ms. Chetna Kaura Chief Programme Executive (NFCSR) Mr. Nikhil Pant Chief Programme Executive Mr. Mukesh Kumar Chief Programme Executive
Shri. A. B. Chakraborty Chief Sustainability Officer
Knowledge Resource Centre Ms. Lata Suresh Librarian
Administration Department Mr. A.K Ralhan Admin. Officer Mr. B.K. Malhotra Admin. Officer
Finance Department Mr. Lalit Kumar Finance OfficerMr. S.L. Taneja Finance Officer
Staffing
54
IICA
Audited Accounts2013-2014
56
57
58
INDIAN INSTITUTE OF CORPORATE AFFAIRSBALANCE SHEET AS AT 31ST MARCH, 2014
For Indian Institute of Corporate Affairs
Chief Administrative Officer Director General & CEO
As per our separate report of even dateFOR K G SOMANI & COCHARTERED ACCOUNTANTSFRN NO. 06591N
(CA Bhuvnesh Maheshwari)PartnerM No. 088155Place: New DelhiDate: 26.09.2014
CORPUS/CAPITAL FUND
Reserve and SurplusCurrent Liabilities and Provisions
TOTAL
ASSETS
Fixed AssetsCurrent Assets, Loan and Advances etc.
TOTAL
SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS
Schedule
12
34
10
As At31st March
2014
5,79,19,7804,15,26,008
9,94,45,788
2,94,88,0396,99,57,749
9,94,45,788
As At 31st March
2013
4,10,82,7832,67,46,565
6,78,29,348
1,53,29,8245,24,99,524
6,78,29,348
INCOMEGrant and FundingInterest Earned(Net)Other Income
TOTAL (A)
EXPENDITUREEducational Training ProgrammesEstablishment ExpensesOperational and Administrative Expenses
TOTAL (B)
SURPLUS/DEFICIT BEFORE DEPRECIATION (A-B)
Depreciation
SURPLUS/DEFICIT AFTER DEPRECIATION
Prior Period Expenses
BALANCE CARRIED TO GENERAL FUND
SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS
For Indian Institute of Corporate Affairs
Chief Administrative Officer Director General & CEO
As per our separate report of even dateFOR K G SOMANI & COCHARTERED ACCOUNTANTSFRN NO. 06591N
(CA Bhuvnesh Maheshwari)PartnerM No. 088155Place: New DelhiDate: 26.09.2014
59
INDIAN INSTITUTE OF CORPORATE AFFAIRSINCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST MARCH, 2014
Schedule
5
6
789
10
Year ended 31st March,
2014
18,67,70,00010,54,41724,74,335
19,02,98,752
1,96,01,5805,10,72,0809,51,56,808
16,58,30,468
2,44,68,284
68,03,426
1,76,64,858
8,27,861
1,68,36,997
Year ended 31st March,
2014
8,10,16,20043,22,894
1,12,117
8,54,51,211
1,56,87,6613,05,05,59447,4,41,827
9,36,35,082
(81,83,871)
34,49,746
(1,16,33,617)
29,32,377
(1,45,65,994)
60
INDIAN INSTITUTE OF CORPORATE AFFAIRSSCHEDULES FORMING PART OF BALANCE SHEET
AS AT 31ST MARCH, 2014
As At31st March
2014(Rs.)
2,57,52,9591,68,36,997
(1,41,58,215)
2,84,31,741
1,53,29,8241,41,58,215
2,94,88,039
5,79,19,780
SCHEDULE (1) RESERVES AND SURPLUS
General /Corpus Fund:Opening BalanceSurplus/(Deficit) during the yearTransfer to Capital Reserve
TOTAL (A)
Capital ReserveOpening BalanceTransfer from General Fund
TOTAL (B)
GRAND TOTAL (A+B)
As At31st March
2014(Rs.)
3,11,17877,47,570
1,39,80,3101,94,86,950
4,15,26,008
SCHEDULE (2) CURRENT LIABILITIES AND PROVISIONS
Current Liabilities:Statutory LiabilitiesBook OverdraftIICA-GIZ BR Initiative Phase IIOther Current Liabilities
GRAND TOTAL (A+B)
As At31st March
2013(Rs.)
5,56,48,777(1,45,65,994)(1,53,29,824)
2,57,52,959
-1,53,29,824
1,53,29,824
4,10,82,783
As At31st March
2013(Rs.)
83,9,06531,25,176
1,07,76,6091,20,05,715
2,67,46,565
61
62
INDIAN INSTITUTE OF CORPORATE AFFAIRSSCHEDULES FORMING PART OF BALANCE SHEET
AS AT 31ST MARCH, 2014
As At31st March
2014(Rs.)
5,22,46,795
9,36,758
16,26,835
-
10,12,815
12,06,128
5,48,315
1,55,300
1,08,89,726
13,35,077
6,99,57,749
SCHEDULE (4) CURRENT ASSETS, LOANS AND ADVANCES
Bank Balances:
Bank of India -Term Deposit (A/c No.604810210000007) 3,80,00,000
Bank of India -Term Deposit (A/c No.604810210000009) 1,42,10,000
Punjab National Bank - C A ( A/c No- 0128002100300784) 25,077
Punjab National Bank - S B ( A/c No- 0128000100602116) 11,718
Sundry Debtors
TDS Recoverable
Interest Accrued but not Due
Loans & Advances:
Imprest Staff
Advances Other
Prepaid Expenses
Security Deposit
Cenvat Credit (Service Tax)
Advance to Suppliers
TOTAL
As At31st March
2014(Rs.)
18,23,00,00044,70,000
18,67,70,000
SCHEDULE (5)- GRANT AND FUNDING
Grant in Aids-MCACourse Fee -Workshop/Seminars
TOTAL
As At31st March
2013(Rs.)
3,62,90,861
7,78,255
10,64,710
6,53,135
5,59,709
17,68a,515
6,73,919
87,300
53,09,181
53,13,939
5,24,99,524
As At31st March
2013(Rs.)
8,00,00,00010,16,200
81,016,200
63
INDIAN INSTITUTE OF CORPORATE AFFAIRSSCHEDULES FORMING PART OF BALANCE SHEET
AS AT 31ST MARCH, 2014
As At31st March
2014(Rs.)
5,00,000
14,28,983
4,51,607
93,745
24,74,335
SCHEDULE (6)- OTHER INCOME
Advertisement in IICA Newsletter by IOC
Recoveries from Course Participants Hostel Charges
Recovery from Occupants of Residential Accommodation
Misc Receipts
TOTAL
As At31st March
2014(Rs.)
-
38,53,655
2,21,400
-
6,15,649
8,46,549
11,91,582
53,46,042
-
39,86,703
35,40,000
19,601,580
SCHEDULE (7)- EXPENDITURE OF EDUCATIONAL TRAINING PROGRAMME
Event Management Charges
Faculty Charges
Conveyance-Faculty
Study & Research Expenses
Hire Charges
Other Expenses
Printing & Stationery
Refreshment Expenses (Net)
Rent
Travelling Expenses
Contribution to GIZ Initiative
TOTAL
As At31st March
2013(Rs.)
-
-
-
1,12,117
1,12,117
As At31st March
2013(Rs.)
15,118
33,47,400
2,41,800
41,50,498
9,00,106
2,44,329
5,40,073
33,95,242
29,214
28,23,881
-
15,687,661
64
INDIAN INSTITUTE OF CORPORATE AFFAIRSSCHEDULES FORMING PART OF BALANCE SHEET
AS AT 31ST MARCH, 2014
As At31st March
2014(Rs.)
34,068,699
17,003,381
51,072,080
SCHEDULE (8)- ESTABLISHMENT EXPENSES
Retainership and Other Expenses
Salary
TOTAL
As At31st March
2013(Rs.)
20,986,243
519,351
30,505,594
65
66
INDIAN INSTITUTE OF CORPORATE AFFAIRSP 6-7-8, Sector 5, IMT Manesar, Distt Gurgaon, Haryana 122050.
Tel: 0124 362282. Website: www.iica.in
