GOVERNING BOARD OF ICSI INSOLVENCY PROFESSIONAL AGENCY

The Governing Board of ICSI IPA, being in line with the mandate of Chapter 3rd of Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 is endowed with an optimal mix of Promoter Directions and Independent Directors. The Governing Board of ICSI IPA oversees the activities and the functioning of the Company and consists of a total of seven directors out of which four are Independent Directors. The Independent Directors of ICSI IPA are from diversified fields of law, capital market, education, corporate sector and management.

The composition of the Governing Board is as follows:

CHAIRMAN

chairman

1. MR. NALIN KOHLI - Independent Director (Advocate, Supreme Court of India)

Mr. Nalin Satyakam Kohli is an Advocate at the Supreme Court of India and also the Additional Advocate General for the State of Rajasthan. He is a political personality who has over two decades of professional experience in the Education Sector and the Media and Entertainment Industry. He is also a government nominee on the disciplinary committee of the ICSI. Key highlights of his experience include. National Spokesperson of the Bharatiya Janata Party (BJP), the ruling political party in India. Mr. Nalin is also the party incharge for the state of Meghalaya in the north east of India.

INDEPENDENT DIRECTORS

chairman

2. MR. ASHISH KUMAR CHAUHAN - Managing Director and CEO, BSE Ltd.

Mr. Ashish Chauhan currently works as the MD & CEO of BSE (Bombay Stock Exchange), the first stock exchange of Asia. He is one of the founders of India’s National Stock Exchange ("NSE") where he worked from 1992 to 2000. At NSE, he was instrumental in setting up the first screen based trading in India, equities market and first commercial satellite communications network for India. He is best known as the father of modern financial derivatives in India. He also created several path breaking frameworks including Nifty index, NSE certifications in financial markets, etc. From 2000 to 2009, he worked as the President and Chief Information Officer of Reliance group and also acted as the CEO of the cricket team Mumbai Indians in its formative years.

chairman

3. MRS. SUSHMA BERLIA - President, Apeejay Stya &Svrán Group; Chairman, Apeejay Education Society

Mrs. Sushma Paul Berlia is a leading Entrepreneur, Industrialist and Educationist who has devoted her life to nation building with global footprints. Spearheading the Apeejay Stya &Svrán Group - a leading industrial & business house with diversified interests in India and abroad, as its Co-Promoter & President, she has earned accolades for building a diverse range of companies with a focused culture of innovation and decision-making, with social responsibility and impact in mind. She is the Co-Founder & Chancellor of Apeejay Stya University, India’s first Industry-centric technology & Liberal Arts Based University and Chairman of the Apeejay Education Society, which runs 29 Schools and Higher education institutions across the country. Mrs. Berlia was the first woman to lead a multi-state apex chamber of commerce in India, serving as the President of the PHDCCI in 2005-06. She is also member of the Apex Chamber of Commerce like FICCI, CII, PHDCCI, and ASSOCHAM. She is also Member of the National Board of Ministry of Micro, Small & Medium Enterprise, Government of India.

chairman

4. MR. SIDHART BIRLA - Past President - FICCI and Chairman, Xpro India Limited

Mr. Sidharth K. Birla holds an MBA Degree from IMEDE (now IMD), Switzerland and a Science Degree (Honors in Physics) from Calcutta University. He is also an Alumnus of the Harvard Business School.

He is a Company Director and Entrepreneur with core business interests in manufacturing. He is Chairman of Xpro India Limited - a polymers processing company where he is also the founder, and of Digjam Limited, manufacturer of woollen worsted suiting fabrics. He has financial sector interests and links in private business, and an enduring connect with corporate laws having chaired FICCI’s Corporate Laws Committee for an extended period.

OTHER DIRECTORS

Other-diector

5. CS(Dr.) SHYAM AGRAWAL - President, ICSI

A man of stupendous vision, professional vigour and colossal discipline having an unyielding belief in prosperity of revered profession of Company Secretaries, CS (Dr.) Shyam Agrawal of the Institute of Company Secretaries of India (ICSI) has taken over as the zenithal torch-bearer of Corporate Governance profession in India for the year 2017 on joining the Institute as ‘the President' from 19th January 2017.

He is also a recipient of the Prestigious “Emerging Leader of the Year” Award in the year 2016. He holds positions of Director, Governance Research and Knowledge Foundation, ICSI and Director, ICSI Insolvency Professional Agency and vouches for taking the profession of Company Secretaries of India on a sky-scraping pedestal of Governance globally.

Other-diector

6. CS MAKARAND LELE - Vice President, ICSI

Fellow Company Secretary (FCS) and a member of Institute of Company Secretaries of India since 1992. He has completedhis Commerce graduation(B.Com) from Garware College of Commerce Pune and Law graduation (L.L.B) from ILS Law College Pune. He holds the Certificate of Practice of ICSI since 1993. He has co-founded MRM ASSOCIATES, a firm of Company Secretariesin Pune in the year 2001 and MRM Corporate Advisor Private Limited.

He is Central Council Member of ICSI for the term of 2015-2019 and is elected to the post of Vice- President for the year 2017. He was first Chairman of Auditing Standards Board formed by ICSI.

He has recently been empaneled as“Mediator & Conciliator” by the Government of India.

Other-diector

7. CS ASHISH GARG - Council Member, ICSI

CS Ashish Garg, is a Post Graduate in Economics (M.A.) and Commerce (M.Com.) and Graduate in Law (L.LB.) from the Vikram University, Ujjain and a Fellow Member of the Institute of the Company Secretaries of India (FCS). He has been elected to the Central Council of the ICSI for the term 2015-2018. He was the Chairman of Practicing Company Secretaries Committee of the ICSI for the year 2015 and 2016 and Core Group of GST of ICSI for the year 2016 and presently he is the Chairman of Centre of Corporate Governance, Research and Training (CGRT), known for its training and research in the Corporate Governance. He is also member the Cost Accounting Standards Board of the Institute of Cost Accountants of India for the year 2017 nominated from the ICSI.

He is Practicing Company Secretary at Indore, financial capital of Central India Region since more than last 16 years and having specialization in corporate laws, organizational restructuring and corporate legal counseling to companies and appearances before Company Law Board and Ministry Corporate Affairs. He has been the visiting faculty at various Management Institutes of Indore for MBA and other Professional courses and delivered lectures regularly as invited speaker in the conference of Company Secretaries and Chartered Accountants.

CEO

Other-diector

8. CS Alka Kapoor - Chief Executive Officer (Designate), ICSI IPA

Ms. Alka Kapoor is the Chief Executive Officer (Designate) of ICSI Insolvency Professional Agency. Prior to this, she was holding the senior position of Joint Secretary in ICSI. She is a Fellow Member of the Institute of Company Secretaries of India and a Post Graduate in English Literature.

She has over 25 years of experience in the areas of Corporate Laws and Corporate Governance. She has contributed immensly in the drafting of the New Company Law and has been advising MCA on various matters of policies and regulatory framework, she has contributed significantly in bringing out Secretarial Standards, institutions of ICSI Award for Excellence in Corporate Governance, PMQ Course on Corporate Governance and bringing out various publications of ICSI.

Ms. Alka kapoor has been a regular participant at the OECD Asian Roundtable on Corporate Governance and was a moderator at OECD Roundtable on "Reform Priorities in Asia: Taking Corporate Governance to a Higher Level" in 2011 at Bali, Indonesia. She was a lead discussant at the OECD Asian Roundtable on Corporate Governance held at Bangkok in 2015 and also represented ICSI at the OECD Conference on "Improving women's access to leadership: What works?" held at Paris in March, 2016.