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Harsh Reality of being a Company Secretary in 2024 | Podcast with top CS in India | Neha Patel

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CS Neha Patel

In this video, we've discussed different aspects of CS field in 2024 with Mrs. Meghal Shah and Mr. Kailash Purohit.

“Meghal Shah is the Company Secretary at IIFL Securities and a key managerial personnel. With a law degree and specialized certification in corporate restructuring, Meghal brings a wealth of knowledge and expertise to her role as the Company Secretary. Meghal's impressive career spans over 12 years, during which she has adeptly managed compliance matters for both listed and unlisted companies. Her responsibilities extend beyond compliance, as she also excels in handling CSR compliance issues and involved in policy formulation. Meghal's commitment to best Corporate Governance Practices is evident in her role as an advisor to top management and the Board. Furthermore, being a Member of the ESG team, she is a key driver and playing a pivotal role in shaping and implementing the Company's ESG initiatives. She is also certified for participation in full day workshop on BRSR by School of Business Environment of Indian Institute of Corporate Affairs (IICA). At 35, Meghal Shah exemplifies how dedication and expertise can lead to significant achievements in the corporate world, making her a key asset to IIFL Securities Limited. Her leadership skills is reflected through her Certification on Leadership and development from IIM, Mumbai. Further, her certification in Thomas International’s Trait Emotional Intelligence Questionnaire underscores her dedication to understanding and enhancing emotional intelligence, a crucial skill in her multifaceted role.”

Mr. Kailash Purohit is qualified Member of Institute of Company Secretaries of India. He has done Bachelor of Laws from K C Law College and Bcom from Mumbai University.



Mr. Purohit is Head Group Corporate Secretarial at Motilal Oswal Financial Services Limited, Parent Company since November’2017. Prior to joining Motilal Oswal, he was associated with well known organisations such as L&T Finance Holdings, Capital First Limited (now IDFC First Bank), Tilaknagar Industries Limited & Indian Hotels Company Limited (Taj Hotels). Mr. Purohit has overall 14 years of experiences in the field Secretarial & Compliance. Since start of the career, Mr. Purohit has been associated with Equity Listed entities alongwith other Regulatory License. His forte is into Listing Compliance, SEBI Regulations such as ICDR Regulations, Takeover Code, Insider Trading norms, NCD regulations, Buyback, etc. He has also monitored & implemented various complex group restructuring by way of scheme of amalgamations, merger, demerger, slump sale. He has managed various corporate actions like Buybacks, Dividends, Bonus Issue, Right issue, Preferential issue, etc. He also has extensive experience in managing RBI Compliances applicable to NBFC & HFC entities and FEMA Norms applicable to offshore entities. He has also been instrumental in presenting best ESG report as part of Annual Report. As part of daily routine, he actively advise senior management on best corporate governance practices and compliancerelated matters at Group level. Over the period, he has also developed broader understanding on Tax & Accounting implications on any corporate events.

Timestamps:

00:00 Introduction
02:57 Why you chose CS?
05:49 Can an average student clear CS?
06:47 Do multiple attempts matters in CS?
09:01 Can we do CS at the age of 35 or above?
09:45 Top career options for CS?
17:45 Importance of CS work?
18:26 How you became Head CS at such an young age?
25:33 Salary of Head CS
26:12 What you prefer in a candidate while interviewing?
33:51 How you manage your passion with work?
39:06 Skills required for CS?

posted by Regv5