Conference

on

Ease of Doing Business: Distance to Destination

Friday, 5 August 2016

FICCI, Federation House, Tansen Marg, New Delhi

1030 – 1130 hrs
Inaugural Session / 1030 – 1037
1037 – 1050
1050-1100
1100 - 1125
1125 – 1130 / Welcome Address by Mr. Sidharth Birla, Past President, FICCI and Mentor, FICCI Corporate Laws Committee
Keynote Address by Ms. Vijaya Sampath, Chairperson, FICCI Corporate Laws Committee
Brief Presentation by Trilegal&Release of Knowledge Paper by the Chief Guest
Inaugural Address by Chief Guest, Mr. Ramesh Abhishek, Secretary, DIPP, Ministry of Commerce and Industry
Concluding Remarks by Mr Dinesh Chandra Arora, Secretary, Institute of Company Secretaries of India
Moderated byDr.A. Didar Singh, Secretary General, FICCI
1130 – 1145 hrs / Break
1145 – 1300 hrs
Session I / Facilitative Developments : Securities and Corporate Laws
In the last few months, the Government and SEBI have taken a number of steps to simplify procedures and transactions and clarify standards for corporate governance. Healthy standards of corporate and a clear guidance to deal with conflicts of interest speed up decision-making. The resulting efficiencies in capital markets and transparency are likely to usher in a healthy environment for investment and corporate growth. To make corporate law even more business and growth friendly, further amendments have been proposed to the Companies Act, 2013. Regulations for listed companies are also being geared towards greater disclosure and clarity in interpretation. The session will focus on the legal requirements and implications of the proposed amendments and the challenges which companies are still grappling with.
Session Chair : Mr.Amardeep Singh Bhatia, Joint Secretary, Ministry of Corporate Affairs
Moderator: Mr. Sidharth Birla, Past President, FICCI and Mentor, FICCI Corporate Laws Committee
Panellists:
-Ms. Vijaya Sampath, Chairperson, FICCI Corporate Laws Committee
-Mr. Harsh Pais, Partner, Trilegal
-Mr. Ilam Kamboj, Managing Partner, Kamboj Law Offices and Former Associate V.P.-Legal & Company Secretary, Hero MotoCorp Ltd
-Ms. ShrutiDvivediSodhi, Founder, Word and Law
1300 – 1345 hrs / Lunch
1345 – 1500 hrs Session II / Facilitative Developments : Insolvency Laws
The cumbersome insolvency resolution is one of the key reasons for India's low ranking in Doing Business. The Insolvency and Bankruptcy Code, 2016has been passed by the Parliament to provide a framework for time-bound resolution of insolvency, ensuring a better and faster debt recovery mechanism and protection of stakeholders’ interests. The Session will deliberate on the paradigm shift that the Code seeks to create and whether it would be able to holistically address the challenges being currently faced by lenders as well as borrowers.
Session Chair
Mr. Ajay Tyagi, Additional Secretary, Department of Economic Affairs, Ministry of Finance
Moderator:Mr. Birendra Kumar, Managing Director & CEO, IARC
Panellists:
-Mr. Rajendra Chitale, Managing Partner, Chitale& Associates
-Mr. M R Umarji, Member, Bankruptcy Law Reform Committee and Partner, Alliance Corporate Lawyers
-Mr. Sharad Bhatia, Managing Director, Multiples Alternate Asset Management Private Ltd
1500 – 1600 hrs Session III / Facilitative Developments : Prevention of Corruption
Corruption has a detrimental impact on the country’s economy and negatively impacts FDI inflows into the country. The Government has proposed amendments to the existing Prevention of Corruption Act, aimed to effectively check corruption and also align it with UN Convention Against Corruption.Closely linked with prevention of corruption is the proposed Public Procurement law, which seeks to bring about transparency in procurement by Central Government and its entities. Given the significant impact of corruption on business environment, the discussion would aim to bring out suggestions on how to strengthen these anti-corruption laws, ensure transparency, accountability and probity in systems and processes.
Session Chair: Ms. Sudha Pillai, Former Member - Secretary, Planning Commission Former Secretary, Ministry of Labour and Employment
Moderator:Mr. Anand Prasad, Senior Partner, Trilegal
Panellists:
-Ms. Revathy Ashok, Managing Trustee & CEO, B.PAC
-Mr. Alok Prasanna Kumar, Senior Resident Fellow,Vidhi Centre for Legal Policy
-Mr. Mohit Bahl, Partner & Head, Forensic Services, KPMG
Conference Ends with Tea