CS, the Custodians in Interests of Shareholders, Investors and People: President, Ram Nath Kovind

05-10-2019 22:36:57
By : Pravin Mishra


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.


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