Dr. Bhaskar Chatterjee to Inaugurate the seminar and deliver keynote address
RAIPUR: Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, Govt. of India, New Delhi will be the Chief Guest and key note speaker at seminar on ‘Understanding New CSR Legislation’ to be held at Hotel Babylon Inn, Jail Road, Raipur, Rusen Kumar, Director, IndiaCSR informed. Seminar will be starting at 10:00 am on 9 August 2014.
In collaboration with Indian Institute of Corporate Affairs (IICA), Ministry of Corporate Affairs (MCA), Govt. of India, New Delhi; IndiaCSR, India’s largest CSR network is organizing the seminar with Dr. Bhaskar Chatterjee’ which includes a special orientation program designed for CEOs, MDs, Directors, Head CSR, Head HR/communications & corporate affairs and NGO Leaders. Complete information are available at www.seminar.indiacsr.in. The programme is very much relevant for the those companies PSUs and private companies who are coming within CSR ambit.
Rusen Kumar informed that the seminar becomes relevant to anyone interested in corporate social responsibility. Orientation programme is especially designed for MD, CEOs, COOs, CFOs, Directors, Executive Directors, Unit Heads, Head CSR, Head Sustainability, professionals from Corporate Governance, Finance, Corporate Communications, Community Relations, Public Relations, Investor Relations, Human Resources, Risk & Compliance. CSR Seminar is also relevant for representatives from social enterprises and NGOs/NPOs who wish to collaborate with business, Socially responsible investors, and Government representatives establishing frameworks for (sustainable) development and students and academicians interested in the field of CSR.
Dr. Bhaskar Chatterjee, DG & CEO, IICA, Ministry of Corporate Affairs; S.M. Raju (IAS), Principal Secretary (Rural Development), Govt. of Bihar; Dr. Rajiv Kumar Garg (IFS), Advisor (Environment & Forests), Coal India Limited; Prof. B.S. Sahay, Director, IIM Raipur; Dr. Raj Kumar Agrawal, Former Director, Bank of Maharashtra; Anand Madhab, CEO, Pehel, Jagran Group; Satish Jha, Chairman, EccoDiva; Miriam J. Carter, Director; Gayatri Subramaniam, Convener & Chief Programme Executive (CSR), IICA; Geetanjali Gaur, Programme Executive (CSR), IICA; OP Jindal Community College; Dr. Sanjay Singh, OPJIT, Raigarh and Rusen Kumar, Founder, IndiaCSR
The new rules, which will be applicable from the fiscal year 2014-15 onwards, also require companies to set-up a CSR committee consisting of their board members, including at least one independent director.
The Act encourages companies to spend at least 2% of their average net profit in the previous three years on CSR activities.
The Ministry of Corporate Affairs (MCA) has vide its notification dated 27 February 2014, and in exercise of powers conferred by section 1(3) of the Companies Act, 2013 (‘the Act’), notified 1 April 2014 as the date on which the provisions of section 135 and Schedule VII of the Act shall come into force. The MCA has also notified the Companies (Corporate Social Responsibility Policy) Rules, 2014 (‘the Rules’)
effective from 1 April 2014.
Rusen Kumar said, with the objectives of facilitating various organizations to understand the requirements for designing strategic CSR projects, design, implement, manage, document strategic CSR projects and interaction with Dr. Bhaskar Chatterjee; we are organizing ‘Day-long seminar on CSR Law’ on August 9, 2014 at Raipur, Chhattisgarh.