Companies Act 2013 Master Class Practical Insights on implementation of Companies Act 2013January – February 2015

Second edition

The recently enacted Companies Act, 2013 (the Act), along with changes in the listing agreement marked a historic moment and beginning of a new era, which aims to improve transparency and accountability in India’s corporate sector.

The Act outlines various requirements for governance, disclosures and enhanced roles, responsibilities and liabilities of the board, its committees and independent directors. Based on our experience of assisting several large Indian and multinational companies towards implementation of Companies Act 2013, we have faced several implementation challenges, which we believe are relevant for large number of companies in India.

Furthermore, limited guidance is available from the regulators towards the implementation aspects of Companies Act 2013.

To bridge the knowledge gap towards implementation, we have designed a four-day training program, which aims to provide deep insights into several aspects of implementation challenges under the Companies Act 2013.

It addresses certain important questions in particular areas such as;

• ►How to identify your related parties and all transactions that will come under ”related party transactions”?

• ►What approach is to be adopted for componentisation and how should you deal with transition impact around depreciation?

• ►What is internal financial control (IFC) and how should one go about assessment and implementation of IFC?

• ►What is Enterprise Risk Management (ERM) and what do you need to do to implement ERM?

Companies Act 2013Overview of topics coveredA Landmark Legislation

• ►Related party transactions

• ►Internal Financial Controls

• ►Enterprise risk management

• ►Compliance with laws and regulations

• ►Board Governance

• ►Corporate Social Responsibility

• ►Componentisation and other accounting concepts

• Mergers & Acquisitions

• ►Consolidated Financial Statements

• ►Vigil mechanism

• ►Loans and borrowings

• ►Filing requirements

• Other recent changes

Know your trainer

Jigar Parikh Partner in a member firm of Ernst & Young Global

Jignesh Thakkar Partner, Advisory Services, EY

Rahul Lovell Partner, Advisory Services, EY

Sandip Khetan Partner in a member firm of Ernst & Young Global

Sardul Seth Partner, Advisory Services, EY

Tejas Desai Tax Partner, EY

Vivek Aggarwal Partner in a member firm of Ernst & Young Global

Vishal Ruia Director Advisory Services, EY

Jagdeep Singh Senior professional in a member firm of Ernst & Young Global

Jalpa Sonchhatra Senior professional in a member firm of Ernst & Young Global

Kartar Sahi Senior professional in a member firm of Ernst & Young Global

Manan Lakhani Senior professional in a member firm of Ernst & Young Global

Rajiv Shah Senior professional in a member firm of Ernst & Young Global

Sumeet Malhotra Associate Director, Advisory Services, EY

Surinder Jain Senior professional in a member firm of Ernst & Young Global

Tarun Arora Senior professional in a member firm of Ernst & Young Global

Course fee

• ►The fee of *INR 26,000 (exclusive of VAT) per attendee includes the training material, lunch and refreshments.

• ►Confirmatory mail will be sent once you have registered. For registration, kindly connect with:

Date and time

Session I : 31 Jan 2015

Session II : 07 Feb 2015

Session III : 14 Feb 2015

Session IV : 21 Feb 2015

10:00 a.m. to 5:30 p.m.

*Early bird benefits Register before Friday, 26 December 2014 and avail 10% reduction on the course fee

Location

Delhi Holiday Inn Asset Area 12, Hospitality District, Aero City, Near Aero City Metro Station, New Delhi - 110 037

Mumbai EY premises, Nirlon Knowledge Park, Goregaon East, Mumbai - 400 063

Bengaluru: Afshan Shaik p +91 80 4027 5000

Chennai: Dilip Chari p +91 44 6654 8556

Delhi: Priti Bhutani p +91 11 4363 3103

Mumbai: Silloo Jangalwala p +91 22 6192 2968

Bengaluru UB City, ‘Canberra Block’, 6th Floor, #24,Vittal Mallya Road, Bengaluru - 560 001

Chennai My Fortune, Chennai Member ITC’s hotel group, 10, Cathedral Road, Chennai - 600 086

Highlights ofMumbai class

Highlights of

Master class- a glimpse!The four days Master Class training conducted in Delhi and Mumbai triumphed in providing deep insights of the New Act and its implementation challenges. The subject matter experts through their diverse experience and knowledge helped the participants from various industries to understand the level of change and complexities associated with implementing the amendments introduced. The sessions were highly interactive intertwined with practical examples. The enthusiastic audience was keen on understanding various issues around topics like related party especially the covered transactions, assessment and implementation aspects of internal financial control and enterprise risk management, approach to be followed for componentization, board governance, how to ensure compliance with laws, consolidation of financial statements and various other topics. A truly educational and informative program helped many a corporates to understand the present day needs of this important legislation. As the Indian corporate sector embarks on a new journey, the four-day master class helped in providing a holistic view of the critical nuances.

Delhi class

Bengaluru UB City, ‘Canberra Block’, 6th Floor, #24,Vittal Mallya Road, Bengaluru - 560 001

Chennai My Fortune, Chennai Member ITC’s hotel group, 10, Cathedral Road, Chennai - 600 086

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