|Webinar on Board Effectiveness - Role of Secretarial Department|
Board of Directors is the highest decision-making authority in a company; for all practical purposes, Board can do whatever a company can do. A company with an effective Board will be a successful company.
The Companies Act 2013 and SEBI LODR have rightfully focused on board composition, board diversity and even prescribed annual board evaluation to ensure that Board of a company is effective. SEBI LODR has gone one step forward in prescribing role, responsibility of Board and matters that require Board attention.
However, Board as a body meets only periodically to transact the agenda that is brought before it. There is a continuous dilemma on the extent to which Board should get into day to day affairs of a company. The regulatory expectation, statutory accountability for company’s state of affairs is on the Board but Board has to give adequate freedom and space to the Executive to function professionally and effectively. The space provided by Board to the executive results in information asymmetry between the Board and the Executive which may threaten effectiveness of the Board. Increasingly, Shareholders, observers, researchers and regulators hold Board responsible for anything that goes wrong in the corporates. Therefore, Boards have grown very conscious about their role and effectiveness.
The Secretarial Department plays a pivotal role in organising Board meetings as frequently as warranted, developing the agenda of business items to be transacted at the Board meeting, monitor action taken on decisions taken at the earlier board meetings, etc. Secretarial department, thus has to work effectively which in turn contributes to the effectiveness of the Board itself.
In this background, the School for Corporate Governance of NISM is organising a Webinar on the subject of Board Effectiveness and Role of Secretarial Department onSeptember 17, 2020 during 11.00 am to 1.00 pm. This webinar will help participants to revisit and understand how secretarial department can contribute to effective boards.
The speakers for the programme are eminent Board of Directors and Senior Company Secretaries with decades of experience in top companies of our country. The webinar will provide a platform for Directors and Company Secretaries to understand the 360-degree perspective of the role and responsibility of the Secretarial Department.
Webinar Date & Time: September 17, 2020 at 11:00 am to 1:00 pm
How to register for this webinar?
Step 1: Please click this registration link or open this link in any browser http://slims.nism.ac.in/eduwiz/forms/register.html
Step 2: Please click on New registration (Once the registration is complete, you will receive User ID and Password in your registered Email ID)
Step 3: In programme name, please select ‘Webinar on Board Effectiveness - Role of Secretarial Department’ and fill other necessary details.
Step 4: Please complete the registration and fee payment.
Note: Once you have registered, you will receive the link to join the webinar in your registered email id on September 17, 2020 at 9:00 AM.
Mr. M Krishnamoorthy, Member of Faculty, NISM
Email: [email protected]
Please contact Ms. Jinal Rohit ([email protected]) for further information.