Prime Minister Narendra Modi will inaugurate the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI) in New Delhi today.
Mr Modi said in a tweet, he is looking forward to addressing company secretaries from across India this evening. Minister of State for Corporate Affairs P. P. Chaudhary, Minister of Communication Manoj Sinha and top officials of the Corporate Affairs Ministry and Finance Ministry are expected to attend the
celebrations.
The event assumes significance as it comes close on the heels of the government action of de-registering over 2.1 lakh dormant, shell companies and disqualifying over one lakh directors as part of a clean up of the corporate system and tackling the menace of shell companies.
Originally set up as not-for-profit organisation on 4th October, 1968, the institute was in 1980 converted into a statutory professional body under an Act of Parliament, 'The Company Secretaries Act 1980'.