EMERGING ROLE OF PROFESSIONALS IN THE ECONOMY AND SOCIETY

The role, responsibility and accountability of professionals towards the corporates and its stakeholders have increased manifold. The Companies Act, 2013 as passed by the Lok Sabha on December 18, 2012 and by the Rajya Sabha on August 8, 2013 received the assent of Honble President of India on 29^th August, 2013. The modern and contemporary company law transitions company secretaries to corporate governance professionals. It brackets them in the category of key managerial personnel.

The need of the hour for corporates and professionals, particularly Company Secretaries is to gear themselves for implementation of the changing legislations in letter and spirit and endeavour to transport India into the big league in corporate governance and democracy.

This technical session has been structured to deliberate upon the emerging role of professionals in the development of economies and society. This session is expected to cover: Emerging landscape of professions in India; Role in liberalized, Globalised and Dynamic Environment; Role of Professionals in the Economy, Society and Government; Role of Priests, Physicians, Scientists, Advocates, Social Workers and Company secretaries.