Monday, December 12, 2016

The Institute of Company Secretaries of India Inaugurates
the THIRD CS Acceleration Centre in Bengaluru.

Ms.Mamta Binani,President of ICSI inaugurates the Centre.

CS Acceleration Centre is purely a Training & Academic Initiative
of ICSI to groom the young professionals joining the CS profession.
It will be a non commercial activity & is intended to provide a service
to the members of the institute as part of their professional development.
This initiative is under the " "Start Up India","Stand Up India"campaign
of the Government of India.

Speaking to the media,Ms.Mamta Binani,President of ICSI, said,"ICSI is
a premier national professional body,which is on a constant endeavour to
enable the company secretaries to transit as Governance Professionals.The 
vision of ICSI is to be a leader in promoting good Corporate Governance".
To the question by the Editor of Indian News Service regarding the latest
Insovency & Bankruptcy Code 2016,she said this will have major churning 
effect on our economy.The implementation of  the Bankruptcy Code,may 
unlock about Rs.25,000 crores in next 5 years.

India is a capital starved country,therefore it is essential that the Law will
ensure quicker resolution of  the bad loan problems of the banking industry.
Today, the bankruptcy proceedings are too complicated.This Law will simplify
the procedure.


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