Indian Institute of Corporate Affairs

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Indian Institute of Corporate Affairs
Motto Partners in Knowledge,Governance and Transformation
Established 2008
Research type Research Institution
Director Dr. Bhaskar Chatterjee
Location Gurugram, Haryana, India
Website www.iica.in

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The Indian Institute of Corporate Affairs is a think tank, research and capacity building Institution handling various subjects and matters relevant to corporate regulation and governance established in 2008 at Gurgaon, Haryana, India. An autonomous institute, IICA works under the aegis of the Indian union Ministry of Corporate Affairs to deliver opportunities for research, education, 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.[2]

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.The Indian Institute of Corporate Affairs (IICA) was registered as a society on September 12, 2008 under the Societies Registration Act, 1860.

Organisation and Administration

The Institute is governed by a Board of Governors. The Institute has a post of Director general and CEO as the head of the Institute. Institute has various schools and centres.

Areas of Work

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.[3]

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.[4]

References

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  2. http://www.mca.gov.in/Ministry/pdf/IICA.pdf
  3. http://www.mca.gov.in/MinistryV2/iica.html
  4. http://www.business-standard.com/article/management/indian-institute-of-corporate-affairs-looks-to-build-csr-capabilities-114022000414_1.html