TWO-DAY NATIONAL SEMINAR
on
CORPORATE GOVERNANCE: THE EMERGING DIMENSIONS
Organised by
Department of Financial Studies
University of Delhi , South Campus
Under the UGC - SAP
March 19-20, 2004

Venue:

Room No.115,
Arts Faculty Building
South Campus
New Delhi
Tel : 24108854, Telefax : 26886570

A little neglect may breed mischief- for the want of a nail, the shoe was lost; for the want of a shoe, the horse was lost and for the want of a horse, the rider was lost, and for the want of the rider, the battle was lost.

-Benjamin Franklin

Endeavours towards better corporate governance had progressed in the early 1990's (Cadbury Committee 1992, NACD US 1995) however, the first major stimulus for corporate governance reforms came as an aftermath to the South East and east Asian crises of 1997-98. The spate of corporate scandals that rocked the world in the early 2000's triggered another phase of reforms in this direction, this time more comprehensive and stringent.

In India , the initial drive for better corporate governance and disclosures was linked to the stock market scam of 1992 and the onset of international competition consequent to liberalisation of the economy. The first effort in this direction was the voluntary code issued by the Confederation of Indian Industry (CII) followed by the Kumara Mangalam Birla Committee to Naresh Chandra Committee (2002) and the present Companies (Amendment) Bill of 2003.

Taking cognizance of this pertinent issue, the Department of Financial Studies, University of Delhi , South Campus, is organizing a two-day National Seminar under the UGC-SAP on " Corporate Governance: The Emerging Dimensions " on March 19-20, 2004 to provide a holistic view, to the participants, of the various issues involved in Corporate Governance.

PROGRAMME
19 March 2004

Registration : 8.45 am to 9.30 am
Inauguration : 9.30 am to 11.00 am

Seminar Inauguration: Mr. K.C.Ganjwal, Member, Company Law Board
Key Note Address : Mr. Akhil Gupta, Joint Managing Director Bharati Tele-Ventures

Tea : 11.00 to 11.30 am

First Technical Session
11.30 am - 1.30 pm : Role of the Regulator in Strengthening Corporate Governance

Dr. Sheela Bhide : Joint Secretary, Department of Company Affairs, Govt. of India
Prof. S.K. Chaudhari : International Management Institute, New Delhi
Mr. G.R. Bhatia : Additional Director, Competition Commission

1.30 pm - 2.30 pm : Lunch

Second Technical Session :
2.30 - 4.30 pm : Effectiveness of Board and External Auditors

Mr. P.K. Kaul : Former Ambassador to U.S.A.
Presently Director, Credit Capital Investment Trust Ltd.
Prof. L.C. Gupta : Director, Society for Capital Market Research
& Development and Former member SEBI
Mr. P.N. Vijay : Managing Director, P.N. Vijay Financial Services
Mr. Anupam Dhawan : Partner, PriceWaterhouse

Tea : 4.30 pm

20 March 2004
First Technical Session
9.30 am - 11.00 am : Transparency and Disclosure
Mr. Avinash Chandra : Financial Disclosure, Technical Director, ICAI
Mr. B.Gopalakrishnan: Senior Vice President, Law, UTI Bank

Dr. Amitabh Gupta: Deptt. of Financial Studies, University of Delhi
Mr. Rajiv Arora, Head, Business Risk & Internal Audit, Aviva Life Insurance

Tea Break : 11.00 to 11.30 am

Second Technical Session
11.30 pm to 1.30 pm : Corporate Governance Rating

Mr. Raman Oberoi : Branch Head, CRISIL, New Delhi
Mr. Vivek Mathur, General Manager, ICRA

1.30 pm - 2.30 pm : Lunch

Third Technical Session
2.30 - 4.30 pm : Corporate Experience
Mr. Anil Chawla : CEO, Consumer Finance India & Rest of Asia , GE Caps
Mr. R Krishnamurthy : Director Finance, Power Finance Corporation
Mr. Dinesh Mittal : Director-Legal, Tax & Company Secretary, Whirlpool India
Mr. Sunil Goyal : Vice President, Strategic Planning & Corporate Development,
Bharati Tele-Ventures

Tea : 4.30 pm