Indian Institute of Corporate Affairs
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 Republic of India |
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Plot No. 6,7,8, Sector 5, IMT, Manesar District - Gurugram PIN - 122052 28°36′50″N 77°12′32″E / 28.61389°N 77.20889°E |
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www |
The Indian Institute of Corporate Affairs (IICA) is a capacity building organization and agency under the aegis and jurisdiction of the Ministry of Corporate Affairs of the Government of India, handling and dealing with various subjects, matters and affairs in the arena and spectrum of corporate affairs regulation, governance and policy. It was established in 2008 at Manesar, Gurugram, Haryana, India. IICA works and operates to deliver as well as create avenues and opportunities for research, education, training and advocacy. Conceptually unique,It is the first institution in India to be formally set up as a ‘think-tank’ for a major Ministry of Government of India.[1]
History and Establishment
The Ministry of Corporate Affairs in India had established the Indian Institute of Corporate Affairs (IICA) as a unique world-class institution to function as a think tank, action research, service delivery and capacity building support to the Ministry, corporate sector, professionals and related stakeholders.
Organisation and Administration
The Institute is headed by the Director General and CEO . It has various Schools, Centres, Departments, Academies and Foundations under its ambit looking after different specialized disciplines and areas within the entire gamut of Corporate Affairs horizon.
Areas of Work
IICA is providing support to the Ministry in review/revision of existing corporate laws, rule and regulations, as well as in framing of new ones, as per requirements of a dynamic economic environment. In addition,it is providing training to Indian Company Law Service(ICLS) and other officials working for the Ministry, and supporting organizational reform initiatives. IICA is also helping in continuous improvement of service delivery in diverse areas like MCA21, corporate governance, corporate social responsibility, investor education and protection, etc. The institute is promoting and encouraging innovation and entrepreneurship, particularly in small and medium enterprise. It is providing quality action research, consultancy and information services/support to all its stakeholders including the Government, companies, professionals, Directors of companies, investors etc. IICA is helping develop and maintain a knowledge Management system, covering all aspects, issues, experiences relating to Indian and global corporate functioning/affairs, linked to internal and external information with speed and in formats designed for ease of access, navigation and utilization. The Institute will provide comprehensive coverage of all disciplines/subjects involved in, or impacting on, corporate functioning. The mandates for IICA mentioned above are not exhaustive.
The Indian Corporate Law Service(ICLS) Academy,one of the Wings of IICA, has been mandated for conducting the Induction & Advanced Training for probationary Officers (POs) belonging to the Indian Corporate Law Service recruited through the Common Exam of Civil Services Examination conducted by UPSC.[2]
Other Key activities carried out by IICA include capacity-building and training programmes, policy advisory functions, public outreach and stakeholder consultations through seminars, conferences and forums.
It also handles matters related to Corporate Social Responsibility as enshrined in the Companies Act 2013. IICA has also been mandated to handle the functioning of National Foundation for Corporate Social Responsibility, a program started by the Government of India in consultation with various stakeholders.[3]
See also
- Ministry of Corporate Affairs
- Serious Fraud Investigation Office
- Competition Commission of India
- National Company Law Tribunal
- National Company Law Appelate Tribunal
- Registrar of Companies
- Official Liquidator
- Central Registration Centre
Notes and references
External links
Template:India-gov