CORPORATE LAW COMMITTEE EVENT REPORT AS A PART OF THE DECENNIAL CELEBRATION, 2017.

Size: px

Start display at page:

Download "CORPORATE LAW COMMITTEE EVENT REPORT AS A PART OF THE DECENNIAL CELEBRATION, 2017."

Brian Lewis
5 years ago
Views:

1 CORPORATE LAW COMMITTEE EVENT REPORT AS A PART OF THE DECENNIAL CELEBRATION, 2017.

2 TABLE OF CONTENTS INTRODUCTION... 3 REPORT ON THE SEMINAR... 3 EVENT DESCRIPTION... 5 DESCRIPTION OF THE SPEAKERS... 6 LIST OF PARTICIPANTS... 7 PROPOSED BUDGET PHOTOGRAPHS REPORT ON THE GUEST LECTURE EVENT DESCRIPTION DESCRIPTION OF THE SPEAKERS PROPOSED BUDGET PHOTOGRAPHS... 19

3 INTRODUCTION Corporate law Committee organised and hosted two events, A Seminar and a Guest Lecture as a part of the Decennial Celebration with the aim to impart knowledge in the field of Corporate Law and bridge the gap between theoretical and practical field in relation to the same. A detailed report of the same is given below. REPORT ON THE SEMINAR SEMINAR ON REGULATING PUBLIC LISTED COMPANIES-ISSUES AND CHALLENGES, 2017 The Corporate Law Committee, School of Law, Christ University, organised a seminar on the topic Regulating Public Listed Companies in India : Issues and Challenges as a part of its Decennial Celebration. This seminar was conducted on 11 th September 2017, between 12:30pm and 5:30pm at Room No. 911, Central Block, Christ University. This Seminar was organized with the objective to discuss and deliberate the legal regime and the complex legal issues in the regulation of Public Listed Companies in India, with the help of experts in the field of Corporate Law. The seminar received an overwhelming response and was attended by Students, Academicians, Advocates, Company Secretaries, Chartered Accountants, and several other interested persons from across the country. The seminar comprehensively covered the following Sub-Themes: 1) The role of Independent Directors in strengthening corporate governance; 2) Prohibition of Insider Trading: Issues and Challenges; 3) Challenges under SEBI Takeover Regulations, 2011; 4) Regulating Intermediaries: Role of SEBI. Experts in various fields of corporate law comprehensively dealt with each of these subthemes. Mr. Yashasvi Mohan Ram, a Partner at Platinum Partners, deliberated upon the subtheme The role of Independent Directors in strengthening corporate governance. This session involved discussions on the issues involved in achieving the real objective of appointing independent directors for corporate governance in the Companies Act, 2013.

4 Mr. Pramod S.M., a Senior Partner at BMP & Co., presided over the second and third sessions of the seminar, on the sub-themes Prohibition of Insider Trading: Issues and Challenges and Challenges under SEBI Takeover Regulations, In the second session, the need for a revamp in the law regulating insider trading, as well as the salient features of the SEBI (Prohibition of Insider Trading) Regulations, 2015 were discussed. The third session involved deliberation upon the Takeover Regulations, and their role in meeting corporate governance requirements during a takeover in order to ensure equality, fairness in opportunity and transparency. The last session of the seminar was conducted by Mr. CS Harish, a Manager at Bangalore Regional Office, Central Depositories India Ltd., who deliberated upon the sub-theme Regulating Intermediaries: Role of SEBI. Highlighting the importance of several intermediaries in the securities market, including merchant bankers, stock brokers, bankers and registrars to issues, debenture trustees, portfolio managers, share transfer agents, etc., the session focused upon the regulation of the same. Several issues such as the need for investor protection under the existing intermediary regime, lacunae in the law, and the need for unification and codification of intermediary regulations were addressed. The seminar was an enriching experience for all students and other participants. Participants were provided with folders, concept note and stationery. Lunch was provided to all external participants after the first session of the seminar and snacks were provided after the third session to all the participants. The seminar was formally concluded by a Vote of Thanks given by the Convenors of the Corporate Law Committee.

5 EVENT DESCRIPTION DATE OF THE EVENT 11 th September, 2017 VENUE Central Block, Room no. 911 TIME 12:30-6:00 PM NO. OF RESOURCE PERSONS 3 NAMES OF RESOURCE PERSON 1. Mr. C. S. Harisha 2. Mr. Yashasvi Mohan Ram 3. Mr. Pramod S.M SUBJECT MATTER Regulating Public Listed Companies: Issues and Challenges NUMBER OF SESSIONS 4 DURATION OF EACH SESSION TOPICS FOR THE SESSIONS 1 hr 1. The Role of Independent directors in strengthening corporate governance. 2. Prohibition of Insider Trading: Issues and Challenges. 3. Challenges under SEBI takeover Regulations. 4. Regulating Intermediaries: Role of SEBI. NUMBER OF PARTICIPANTS 37- External participants ( 32 attended) 96- Internal Participants NATURE OF PARTICIPANTS REGISTRATION FEES INVITATION PROCESS THINGS AND FACILITIES PROVIDED TO THE PARTICIPANTS Students 500 per person, (no fees for SLCU Students) Registration through online portal Stationary, Certificate of participation, Lunch, snacks (No accommodation, No Travel)

6 THINGS AND FACILITIES PROVIDED TO THE GUESTS Honorarium, Stationery, Lunch, snacks, Travel DESCRIPTION OF THE SPEAKERS 1. Mr. Yashasvi Mohan Ram is a partner at Platinum Partners, Bangalore. He graduated from NLSIU Bangalore in 2001 and completed his MBA at Indian School of Business Hyderabad. Until 2008 he had been at Platinum partner s pre-cursor firm Daulet-Singh & Associates in Delhi. He then joined Platinum partners in 2010, after having worked at White and Case s Singapore office for a little more than a year. 2. Mr. Pramod S.M. is a Senior Partner at BMP & Co. and is a specialist in corporate law; mainly corporate compliance and risk management with 17 yrs of experience. Apart from being a bachelor in law he is also a fellow Company Secretary. 3. Mr. C.S. Harisha is the manager at Bangalore Regional Office Central Depositories India Ltd. He is also a law graduate and has worked in the field of capital markets for 18 years and has also served as the head of compliance and operations at Bangalore stock exchange for 9 yrs.

7 External Participants LIST OF PARTICIPANTS SR. NO. Name College Name Attendance 1. Pragya Sharma R.N.Patel Ipcowana School of law Present 2. Barkavi. P Sastra University, School of Law, Tamil Nadu Absent 3. Rohitaa Babu Sastra University, School of Law, Tamil Nadu Absent 4. Komal Sharma Sastra University, School of Law, Tamil Nadu Present 5. Sowmya A.E Sastra University, School of Law, Tamil Nadu Present 6. Pooja Pradeep Sastra University, School of Law, Tamil Nadu Present 7. Thrinayana Sastra University, School of Law, Tamil Nadu Present 8. Vishal Nag Alliance University, Bangalore Present 9. R. Priyanka Sastra Law School, Tanjavur Present 10. Santhosi.E.B. Sastra University, Tamil Nadu Present 11. Gaurav Tripathi UPES, Dehradun Present 12. Gopal Ram Designated Chief Consultant GR Resources, Absent Subhramanyam Bangalore 13. Dhanya Mukund Alliance University, Bangalore Present 14. Akansha Maliya Dr. Harisingh Gaur University, UP Present 15. Aditya Prakhar Dr. Harisingh Gaur University, UP Present Srivastiva 16. Rahmathullah.M School of Legal Studies Cusat Present 17. Aishwariya Ravi School of Legal Studies Cusat Present Kumar 18. Devika Praveen School of Legal Studies Cusat Present 19. Karun Sanjaya School of Legal Studies Cusat Present 20. Shilpa B.P Assistant Prof Jagad Guru Renukachar College of Absent Law 21. Arun Sosalye Principal, Dr Ram Namar Mohiya College Absent 22. Rohan Amol Vidwans VIT University Chennai Present 23. Sadeshwari VIT University, Chennai Present 24. Sowburnika.Y VIT University, Chennai Present

8 25. Gabriela Micheal VIT University, Chennai Present 26. Hamsimi.S VIT University, Chennai Present 27. Saranya Bai VIT University, Chennai Present 28. Kabilan Ilangovn VIT University, Chennai Present 29. Ritula Mizam VIT University, Chennai Present 30. Chandra Priya VIT University, Chennai Present 31. Arvind J VIT University, Chennai Present 32. Chavi Shukla SLS Pune Present 33. Gautam Krishna Bangalore Institute of Legal Studies Present 34. Shamli Patgiri Bangalore Institute of Legal Studies Present 35. Ashni Das Bangalore Institute of Legal Studies Present 36. Ipshita Mukhrjee Advocate Present 37. Sonia S. Chandran Alliance University Present Internal Participants Sr no. Name Registration Number and Class 1) Sai Muralidhar K BA LLB A 2) Aiswarya Hormis BA LLB B 3) Divyanshu Modi BA LLB A 4) Kushal Prasad BA LLB B 5) Elizabeth Vinod BBA LLB A 6) Nikunj Mehta BA LLB C 7) Amrita S Nair BA LLB C 8) Chandan BR Reddy BA LLB A 9) Twinkle BA LLB A 10) Saloni mittal BBA LLB B 11) Vartika rungta BBA LLB B 12) Anusha G Rao BBA LLB A 13) Aditya.G BA LLB A 14) Anurag A Rao BBA LLB A 15) Carol Elsa Zachariah BA LLB B

9 16) Kyle D souza BA LLB B 17) Arya Kuttan BBA LLB A 18) Aishani Rai BA LLB C 19) Deepa Padmar BA LLB C 20) Sanah Javed BA LLB C 21) Shefali G BA LLB C 22) Shrutika Lakhotia BA LLB C 23) Ajay Noronha BBA LLB A 24) Gowwtham Thelak V BBA LLB A 25) Bodhi Satwa Som ) Karan r Punjabi ) Abhirami B ) Somya Singh ) Mehul Seth ) Anushka Ambli ) Manish Reddy ) Pushkar Mankar ) Mahaveer Jain ) Rohan Jacob BBA LLB B 35) H S Suhas BA LLB B 36) Dewansh vashishth BA LLB A 37) Aditya Choudhari BBA LLB A 38) Amber kumrawat BBA LLB A 39) Shikhar Gupta BA LLB C 40) Dhanushwali R R BA LLB C 41) Abhinaya Sridharan BBA LLB B 42) Kruthika Venkatesh BBA LLB B 43) Aswin Seshadri BBA LLB A 44) Adith Victor BBA LLB A 45) Aman Varma BA LLB A 46) Shirisha B Reddy BA LLB C 47) Harsh BA LLB A

10 48) Aditye arora BBA LLB A 49) Karann Damani BBA LLB A 50) Kashika Gera BBA LLB A 51) Shreyasee Mukherjee BA LLB B 52) Shivam Bhargav BA LLB A 53) Eshita Pallavi BA LLB A 54) K.Mythiraye BBA LLB A 55) Vikram V BA LLB C 56) ANIRUDH A. KULKARNI BA LLB A 57) Kritanjali Sarda BA LLB C 58) Yeshwanth M C BBA LLB B 59) Prateek Virmani BBA LLB A 60) C.K.Anisha BBA LLB B 61) Sanketh HK BBA LLB A 62) Meghna Menda BA LLB A 63) Sanjana Reddy BA LLB B 64) Shubhika Saluja BBA LLB B 65) Vyshak Manikanta S BA LLB B 66) Bharat S ) Niranjan E.V ) Adithya V.J ) Ankita Horo ) Shyam Harindra ) Ritika S ) Aarthi S BA LLB A 73) Aakash Raman Sinha BBA LLB B 74) Akshay Agrawal BBA LLB B 75) Nirupama Valluru BBA LLB B 76) Eldho Jacob Philip BA LLB A 77) Abhinav Benjamin BA LLB A 78) Romario V BA LLB A 79) Arjun Nair BBA LLB B

11 80) Sajal Awasthi BA LLB C 81) Harsha Srinivas Kuna BBA LLB B 82) Kunal Jain BBA LLB B 83) Rohini Gupta BBA LLB B 84) Naman Arora BA LLB C 85) Arindam Baruah BA LLB A 86) Shivani Shetty BA LLB A 87) Ayusshi Agarwal BBA LLB B 88) Siddharth Nunes BBA LLB B 89) Mohit BM BA LLB C 90) Arlin Koshny BA LLB A 91) Mayuri Menon BA LLB A 92) Abhinandan jain BA LLB C 93) Mythili BBA LLB B 94) C.Ramya BBA LLB B 95) Krutika Khare BA LLB B 96) Debjyoti Saha BBA LLB B

12 1. TRAVEL EXPENSES PROPOSED BUDGET Details Break-up Total Taxi Fare For Four Speakers Pick-up & Drop Rs x /- Total Rs HONORARIUM Details Break-up Total Honorarium For Honorarium + 18% Rs x /- Four Speakers GST ( ) x 4 Total: Rs HOSPITALITY (FOR FOUR SPEAKERS) Particulars Break-up Amount Total Lunch For Four Speakers Rs. 100 x % GST (400+48) Tea and Snacks For Four Speakers Rs. 50 x % GST (200+24) Bouquet Rs. 150 x % GST (600+72) 448/- 224/- 672/- Total: Rs. 1344/-

13 4. FOR PARTICIPANTS Particulars Break-up Total Tea & Snacks For 150 Participants Rs. 30 x % GST ( ) 5040/- Folder Only 50 Participants Outside The College Rs. 55 x % GST ( ) 3080/- Certificates 200 Participants Rs. 10 x % GST ( ) 2240/- Lunch - Only 50 Participants Outside The College Rs. 100 x % GST ( ) 5600/- Total Rs /- 5. MISCELLANEOUS: Petrol, Phone Bill, Photo Copy, etc 500/- TOTAL EXPENDITURE FOR SEMINAR Rs ( ) = Rs 35964

14 PHOTOGRAPHS

15 REPORT ON THE GUEST LECTURE The Corporate Law Committee, School of Law, Christ University, organised a guest lecture on the topic Corporate Insolvency Process under Insolvency and Bankruptcy Code, 2016 as a part of its Decennial Celebration. This guest lecture was conducted on 12 th September 2017, between 9:30 am and 12:30pm at Room No. 911, Central Block, Christ University. The Guest Lecture was organized with the objective to provide a platform for deliberations and discussions on the reforms brought out as well as the issues and concerns arising out of the Insolvency and Bankruptcy Code, 2016 with the help of experts in the field of corporate law. The lecture was attended by all students of the 4 th Year from School of Law, Christ University. Experts in the field comprehensively dealt with all aspects of insolvency and bankruptcy law in India. Mr. Vasanth Kumar, current Chairmen at the Bangalore Chapter of Institute of Companies Secretaries of India (ICSI) and a qualified Insolvency Professional deliberated upon the position of law regarding insolvency and bankruptcy prior to the introduction of the Code. The need for the Code as well as its salient features were also highlighted in this session. Mr. Hari Babu Thota,an Insolvency Professional, and Ex-Chairmen at the Bangalore Chapter of Institute of Companies Secretaries of India (ICSI) was the speaker for the second session of the guest lecture. In this session, all aspects of the Insolvency and Bankruptcy Code, 2016 were covered in detail and several important details of the code were also discussed. The final session of the guest lecture was covered by Mr. Dushyanta Kumar, an Insolvency Professional and currently the Company Liquidator of the United Breweries Ltd. & the Kingfisher Ltd. He deliberated upon important judicial decisions regarding insolvency and bankruptcy, as well as the road ahead for the implementation of the Code. The guest lecture was an stirring and enlightening experience for all student participants, and was concluded by a formal Vote of Thanks given by the Convenors of the Corporate Law Committee.

16 EVENT DESCRIPTION DATE OF THE EVENT 12 th September, 2017 VENUE TIME Central Block, Room no.911 9:30 AM- 1 PM NO. OF RESOURCE PERSONS 3 PROPOSED NAMES OF RESOURCE PERSONS TOPIC PARTICIPANTS REGISTRATION FEES INVITATION PROCESS Mr. Vasantha Kumar, Mr. Dushyanta Kumar, Mr. Hari babu Thota, Mr. V.N Dubey. Insolvency and Bankruptcy code Compulsory for All 4 th Year Students of School of Law, Christ University Nil Registration through online portal DESCRIPTION OF THE SPEAKERS 1. Mr. Vasantha Kumar: Mr. Vasanth Kumar is currently the Chairmen at the Bangalore Chapter of Institute of Companies Secretaries of India (ICSI). He has also been appointed as an Insolvency Professional under the Insolvency & Bankruptcy Code, Mr. Hari babu Thota: He is currently an Insolvency Professional, and has also been the Chairmen at the Bangalore Chapter of Institute of Companies Secretaries of India (ICSI). 3. Mr. Dushyanta Kumar- Mr. Dushyanta Kumar is currently the Company Liquidator of the United Breweries Ltd. & the Kingfisher Ltd., he has also been appointed as the Insolvency Professional.

17 PROPOSED BUDGET 1. TRAVEL EXPENSES Details Break-up Total Taxi Fare For Three Speakers Pick-up & Drop Rs x /- Total Rs HONORARIUM Details Break-up Total Honorarium For Honorarium + 18% Rs x /- Three Speakers GST ( ) x 3 Total: Rs HOSPITALITY (FOR THREE SPEAKERS) Particulars Break-up Amount Total Lunch For Three Speakers Rs. 100 x % GST ( ) 336/- Tea and Snacks For Three Speakers Rs. 50 x % GST ( ) 168/- Bouquet For Three Speakers Rs. 150 x % GST ( ) 504/-

18 Total: Rs. 1008/- 3. MISCELLANEOUS: Petrol, Phone Bill, Photo Copy, etc 500/- TOTAL EXPENDITURE FOR GUEST LECTURE Rs ( ) = Rs 15128

19 PHOTOGRAPHS

Report of the National Conference on Responsible Tourism held at KITTS, Thiruvananthapuram

Report of the National Conference on Responsible Tourism held at KITTS, Thiruvananthapuram The Kerala Institute of Tourism and Travel Studies (KITTS), the Human Resource division of Department of Tourism,