CS, the Custodians in Interests of Shareholders, Investors and People: President, Ram Nath Kovind
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The
President of India, Ram Nath Kovind, apart from other dignitaries made their
auspicious presence during the 51st Foundation Day celebration of the Institute
of Company Secretaries of India (ICSI). The program was organized at Vigyan
Bhawan in New Delhi on Saturday.
The
Institute of Company Secretaries of India (ICSI) is a premier professional
institution that has been set up under the Company Secretaries Act, 1980, for
the regulation and development of the profession of Company Secretaries in
India. It functions under the jurisdiction of Ministry of Corporate Affairs,
Government of India.
While,
addressing the audience, President, Kovind congratulated the ICSI and the CS
fraternities for their contribution, hard work and success over the past five
decades.
Meanwhile,
quoting the father of nation, President of India said the Company Secretaries
are the custodians of the interest of Shareholders, Investors and People at
large.
“Company
Secretaries are the sentinels who ensure compliance of company laws and
regulations ensuring that business and enterprise align their practices to
larger socio-economic goals of the country by fostering responsible business
and balanced economic objective. Transparency, accountability, integrity and
fairness are the four pillars of Corporate Governance”, he added.
“The
motto of the Institute Satyam vada, dharmam chara speaks volumes of the values
ingrained in the Institute and the conduct of each and every member of the
Institute”, said Anurag Singh Thakur, the Minister of State Finance and
Corporate Affairs.
Appreciating
the Institute for its constant participation in the rule making and policy
making initiatives of the Ministry, Thakur said that the Ministry was pursuing
the task of corporate governance with full fervor.
Besides,
Arjun Ram Meghwal, Union Minister of State for Parliamentary Affairs and Heavy
Industries & Public Enterprises, Injeti Srinivas, Secretary, the Ministry
of Corporate Affairs also graced the occasion.
