16th SIRC of Company Secretaries Inaugurated by Governor, Highlights Intellectual Engagement

Hyderabad, October 19, 2024: Shri Jishnu Dev Varma Hon’ble Governor of Telangana inaugurated two day 16th Southern India Regional Conference of Practicing Company Secretaries with the theme “Indulgence of Intelligence here in the city at the Centre For Economic and Social Studies(CESS) in Punjagutta on Friday.

200 plus company secretaries, students and others from across South India participated.

Addressing the gathering immediately after the inauguration, Shri Jishnu Dev Varma, Governor of Telangana said intelligence is the crucial driver of the progress. The theme is very apt and relevant, he said. Companies Secretaries are playing a vital role in promoting social responsibility, he said

Today Company Secretaries play a significant role in Insolvency, Mediation, Arbitration, Valuation, Forensic Audit and Risk Management and so many other emerging areas. The young professionals entering the profession must stay updated and ensure compliance, he said.

I am also happy to note that ICSI is developing many specialist Company Secretaries in some of the areas such as Maritime Law and Capital Markets, the governor said. These specializations are the need of the hour. Specialist company secretaries in these specializations such as Maritime Law and Capital Markets take the profession a long way. Because the world is becoming more super special. You must build robust relationships with your stakeholders, he said.

I also appreciate you for offering fee waivers to students of North Eastern States.

All students belonging to North Eastern States and the State of Jammu and Kashmir who have passed the 10+2 or equivalent or Bachelor’s Degree or equivalent irrespective of the percentage of marks are given Fee Waiver while registering for Foundation Programme or Executive Programme Stage respectively said CS B Narasimhan, National President of the ICSI while addressing a press conference followed by the inauguration function. He said India needs nearly 2 lakh Company Secretaries by 2047 when its GDP becomes 30 trillion.

He also informed that ICSI entered a MoU Gujarath Law University to produce Company Secretaries with an MBA in Maritime Law.

Company Secretary’s profession got huge recognition to be the Insolvency professionals, he added

Whenever you think of capital markets the only profession that comes to your mind is the profession of company secretaries, he added.

CS R Venkata Ramana, a member of ICSI informed that Hyderabad Chapter Building of Company Secretaries Bhoomi pooja will be commenced next month. They are planning to build a 10,000 sq foot building with an investment of Rs 10 crore.

The Governor presented the Late Madineedi Rama Krishna Subhadra Memorial Award to Krishna Agarwal who has passed all the papers of the Professional Program Examination of Company Secretaries at the first attempt. Krishna Agarwal was also given away the Late Ahalya Putty Memorial Award

Dhananjay Shukla, VP of ICSI and others graced the occasion.

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