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Training requirements for Directors in India

As per Regulation 4(2)(f)(iii) of SEBI (LODR) Regulations, 2015 the Board shall encourage continuing directors training to ensure that the members of board of directors are kept up to date.

As per Regulation 27 (b) the listed entity shall familiarize the independent directors through various training programmes about the listed entity including the roles, rights, responsibilities of independent directors.

About Masterclass

Masterclass for Directors is a condensed weekend certification programme for Directors and Senior Executives equipping them with boardroom processes, skills, essentials of corporate governance, roles, rights and responsibilities of directors. IOD through Masterclass for Directors works towards raising the standards of India’s boardroom functioning.

Be part of an innovative and simplified learning experience that is setting the standard for directors and business leaders in the corporate world. The training programme is compiled to suite and help you become a confident and skilled director with the power to shape your future and drive society forward, no matter what your background or industry is. Emerge as a true leader with personalized learning —all focused around the Director Competency Framework

Over the years IOD has been supporting business leaders and conducted hundreds of batches of Masterclass for Directors nationwide, serving you, your board and your organization to grow. It is specifically designed around professional competencies and delivered by directors, for directors.

IOD's Masterclass for Directors offers a whole vista of opportunities, for preparing and updating of both Executive and the Non-Executive Independent Directors. The course is under continuous watch to keep it updated with the latest regulatory changes, global trends and practices. We want you to achieve tangible outcomes from your investment, enabling you to deliver increased value and respond effectively to a challenging business environment.

Institute of Directors offers a suite of governance training to equip you with the tools to perform in your role at each stage of your development as a director. Our attendees continue to tell us how much they value the mix of learning, interaction and hearing real-life experiences from practicing directors. IOD’s Boardroom training programmes are delivered in a variety of formats to best suit the Company’s & Individual’s needs.

Why Masterclass for Directors ?

The ever-changing quality of the marketplace today requires that boards are continually evolving and growing to meet the needs of their organization. This constant evolution calls the board to go above and beyond the duties and responsibilities they are used to.

Whether you’re a newly appointed director, aspiring to a position on the board, or looking to improve your performance with fresh insight, this training program will equip you with the crucial knowledge and skill-set to fulfil your role successfully.

  • a.

    Develop a practical understanding of best practices in the boardroom

  • b.

    Develop knowledge and skills before joining the board.

  • c.

    Recognize the director’s key legal responsibilities.

  • d.

    Enhance your value and reputation in the Board.

  • e.

    Strengthen your ability to secure directorship opportunities.

  • f.

    Improve your knowledge of the governance and ethical expectations of board members

  • g.

    Outline what risk is and how to implement risk management techniques

  • h.

    Apply decision making skills and implement strategies for your board

  • i.

    Identify the fiduciary and compliance responsibilities of directors

  • j.

    Efficiently assess risk, and effectively manage stakeholders while acting in your organization’s best interests.

Why Now?

Board Members are now expected to be up-to-date with all the regulations laid which needs to be followed both by company as well as Directors. The requirement of Independent Directors on the boards of Indian Companies has gone up multifold due to the Companies Act, 2013 & SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Also the appointment of women directors on the Board of specified Companies has increased the requirement of experienced and qualified women directors. Top 1000 listed companies are required to appoint women independent directors.

Types of Training

Open House

IOD offers training program in open format where participants from various sectors, geographies and rich experience participate in training programme conducted over a period of 3-4 days based on your mode of attending. Your fellow learners will all be leaders too, so you’ll grow your network alongside the business world’s top performers, you can expand your business knowledge, perfect your skills and develop the mind-set of a true leader. The programme can be joined in two different modes.

Offline Training: will be given over a course of 3 days

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Online Training: will be given over a course of 4 days (2 consecutive weekends)

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Masterclass

In-House

Under the in-house format the training program is designed and customized as per the needs of the company. The programme can be delivered in half or full day session, covering one or more topics in much greater detail. Mode of the programme can be Online & Offline.

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Masterclass

Customize programme for board directors, senior executives & KMPs & industries

IN HOUSE CALENDER

WHAT'S NEW

  • 1.MCA Report of Expert Committee
  • 2.Clarification on passing ordinary and special resolution
  • 3.Companies (Creation and Maintenance of databank of Independent Directors) Amendment Rules, 2021
  • 4.Companies (Meetings of Board and its Powers) Amendment Rules, 2021
  • 5.MCA amends Incorporation Rules to add registrations under Shop & Establishment Act & Professional Tax in Form AGILE – PRO-S
  • 6.MCA extends the gap between 2 board meetings by 60 days due to resurgence of Covid 19 pandemic
  • 7.Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc.
  • 8.Relaxation of time for filing forms related to creation or modification of charges on account of resurgence of Covid 19 pandemic
  • 9.Clarification on spending of CSR funds for setting up makeshift hospitals and temporary COVID care facilities
  • 10.The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021