Jamshedpur, Feb. 18: Jamshedpur Management Association (JMA) organized an interactive session with Pravathessam Kanchinadham, company secretary, Tata Steel, on subject of Corporate Governance and Company Act 2013 at Jusco Conference Hall on February 17, 2016.
The objective of the session was to discuss the nuances of Companies Act, 2013 and the internal controls of the organization to ensure orderly and efficient conduct of business.
On this occasion, Kanchinadam talked about importance of good company governance in current context and key issues associated with deployment of good governance.
He said that Governance should not be technical but it runs on conscience. It is important to have honesty and transparency in approach and action of board members.
“Governance should not be for law or regulations but for business keeping in mind interest of its shareholders He also said “Governance Starts where law ends,” Kanchinadam said talking about key points of the Company’s Act, 2013 and its impact on corporate governance.
JMA Executive Committee members Ashish Mathur Jusco MD, Sanjay Sabherwal Metaldyne Industries Limited MD, Shubhenjit Choudhary Tata Pigments MD, Rupa Mahanty of R M Associates and Rabindra Kumar, Head (Procurement), Tata Steel, were present during the session.
Around 40 participants comprising representatives from Tata Steel, Tata Motors, Jusco, Tata Pigments, ISWP, Adityapur Industries and JMA members attended the program. The session was conducted by Rabindra Kumar, honorary secretary, JMA.
Parvatheesam Kanchinadam (PK) joined Tata Steel as company secretary in January 2015. He has over 16 years of experience in the field of company secretary, legal, corporate governance and risk management.
He has played key role in formulation and implementation of policies relating to governance and securities legislation’s in India. He had also evangelized corporate governance and best practices in compliances in various forums across India.
Before joining Tata Steel, Kanchinadam worked with Infosys for almost 12 years handling different portfolios like chief risk officer, compliance officer and company secretary. He was responsible for managing all the statutory affairs of Infosys. He also worked for Mphasis and Wipro before joining Infosys.