CA NeWs Beta*: Invite to enroll in Independent Directors repository by Women Members Empowerment

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Wednesday, March 25, 2015

Invite to enroll in Independent Directors repository by Women Members Empowerment


As you may be aware, the ICAI, being the regulator of accounting and auditing profession in India since its inception in the year 1949, is always available to support and take forward all the endeavors of the government.
One of the important initiatives of the Government was the introduction of The  Companies  Act,  2013 which incorporated  several  important  provisions  that  modernize  India's  corporate world, necessitates and addresses
numerous issues those are relevant to corporate sector. Recognizing the role a woman professional can play; mandatory appointment of women directors in some classes of companies is a major milestone in enhancing corporate governance and values in corporate sector.

The Act has also provided for creation and maintenance of Independent Directors database. The Institute, recognizing its role and responsibilities to the stakeholder community at large has developed a portal namely "Independent Directors Repository” along with its two other sister Institutes. The portal helps in facilitating the individuals who are eligible and willing to act as Independent Directors. This will also facilitate Companies to select the persons who are eligible and willing to act as Independent Directors.
Through this portal, the Independent Directors and the companies would be sharing a common platform which would enable them to meet each other's requirements. Repository Portal would not only provide a platform to Individuals willing to act as Independent Directors to register themselves but also give access to the large database of professionals to the companies enabling them to select Independent Directors as per their requirement
On its part, the Women Members Empowerment Committee (WMEC) of ICAI also helps in empowering Women Members by providing guidance and support to them by its various endeveours e.g. by conducting more such kind of Programs, Seminars, Workshops, Residential Refresher course, Faculty Development program, etc. You are requested to visit womenportal.icai.org
You may visit the Independent Director portal at http://independentdirector.in and get yourself registered on the portal.

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