Seminar on “Ethics in Corporate Governance in India”

“There is need to strengthen the laws & legislation to prevent frauds & scams in India”: said Ex. CBI Director, Joginder Singh

“Teach Corporate Governance as a subject in Business Schools to prevent Frauds and Scams", said Dr. Anshu Kataria, prominent member of Chandigarh Management Association

“Billion Dollars lying in Swiss bank belong not only to corrupt politicians and bureaucrats, the major part of that money belongs to Indian corporate houses” said Joginder Singh, IPS, Ex. Director of CBI in a seminar organized by Aryans Business School (ABS) in association with Bank of India.

GM, Bank of India, R.C. Khurana and Col (Retd.) Karamjit Singh, President of CMA were the guest of honour in the seminar. The Topic of the seminar was “Ethics in Corporate Governance in India”. Dr. Anshu Kataria, Chairman, ABS and prominent member of Chandigarh Management Association presided over the function. Many CMA members attended this seminar.

Without mentioning the name of Reliance, Joginder Singh said that keeping aside the ethics in corporate governance the two brothers of top Indian corporate are fighting to become richer & richer. In such a process, top management of many companies do not even think about the interest of shareholders & stakeholders. “There is need to strengthen the laws & legislation to prevent frauds & scams in India, else, investors would loose trust and confidence in economy.” said Joginder Singh

In this context, Joginder appreciated WIPRO by quoting an example where one official of that company was removed on producing fake hotel bill of just Rs.600.

Dr. Anshu Kataria, Chairman, ABS, said that life of a man has become very fast and every one wants to become richer in shortest possible time. If the corporate governance is not taught as a subject in Management education, frauds & scams would become a routine in India.

Sh.R.C. Khurana (GM, Bank of India) said that the main objective of this seminar was to create awareness among the participants the values and ethical issues in context of Corporate Governance.

Some other eminent speakers who spoke in the seminar were Prof D.C.kataria; Dr. (Mrs.) Parveen Kataria; Prof K. K. Mangla; Dr.D.P.Singh; Dr.Manjit Kalra; and Dr. A.S. Balgir.