The Institute of Company Secretaries (ICSI), Goa chapter, during a national seminar on August 11, pushed for a model code of conduct during gram panchayat meetings. A standard set of principles for convening and conducting the meeting was prescribed by ICSI at the seminar.
Makarand Lele, president, ICSI, urged company secretaries to strengthen national governance by promoting the code during practice. He said that, implementing the code during gram panchayat meetings would aid in better conducting of the proceedings and decision making.
He also advised all company directors to comply with DIR-3 KYC. “The deadline is August 31st and falling to comply with the deadline will result in a fine of Rs 5000 and can even disqualify the director,” he said.
“Pramod Sawant, speaker, Goa legislative assembly, was the chief guest for the seminar. Expressing his support to the code, Sawant said that, the government is willing to organize training program for all gram panchayats in the state.
Speaking on the occasion, Amit Kumar Jain, chairman, ICSI, highlighted the institute’s education series towards creating GST professionals and the placement portal that generates employment opportunities for ICSI members and students.
Briefing the press on the highlights of the seminar, Shweta Kharangate, chairperson, Goa chapter, said that, the institute has taken various initiatives toward nation building. “Members play an important role in promoting government initiatives towards ethical society and corporate social responsibility,” said Kharangate.
ICSI has 70 chapters all over India and the Goa chapter is unique because of its all-women committee members.