1. Technology: Challenges and Opportunities for Company Secretary By: Pavan Kumar Vijay

2. You can't expect to meet the CHALLENGES of today with YESTERDAY'S TOOLS and expect to be in BUSINESS TOMORROW. 3. Mobile Telephony & Internet Online Banking E Commerce National E Governance Plan MCA21 Developmentinpast2decades 4. Internal Challenges 5. InternalChallenges More Focus on legal recognition Limited Professional Development Lack of Entrepreneurial Skills Lack of Self Confidence 6. Presentwayofworking Strategy Problem Solving Corporate Planning Procedure Works 7. Technological Challenges 8. TechnologicalChallenges E Commerce wiping out middleman Financial decisions & legal compliances are becoming automatic Financial and Secretarial software and websites make it easy that one professional can handle any number of companies Capital & Technology replacing Labor Consolidation of Market Players 9. Regulatory shift towards technology 10. Regulatoryshifttowardstechnology Towards Simplicity Self Governance E - Governance 11. Competitive Challenges 12. CompetitiveChallenges Global Competition CS, CA & CWA competing for same compliance services Private institutions getting recognition - CFA Private University becoming deemed university 13. What brings Challenges 14. Globalization 15. Globalization Free and fair trade and vanishing Economics Boundaries UN, WTO, WB, IMF, OECD, ADB and ICC are standardizing rules for international trade Single law for trade and commerce 16. Technological Advancement 17. TechnologicalAdvancement Social Media Software 18. TechnologicalmoveinCompaniesAct,2013 Words Count Electronic Form (e-form) 84 Electronic Mail 76 Director Identification Number 74 Information to be put on website(s) 51 Electronic Mode 40 Electronic Means 26 Video Conferencing 21 Audio Visual Means 20 Electronic Record 19 Electronic Registry 12 Voting by electronic means and electronic voting system 9 19. GovernmentInitiatives Government Initiatives Fully integrated National E Governance system by 2019 National Citizen ID by 2017 E - Stamping DIPP e-Biz by 31st December 2014 Extensive use of Cloud ERP software's by 2017 20. PrivateInitiatives 21. UseofTechnologytoequipyourself 22. How technology is creating knowledge and sharing knowledge 23. Howtechnologyiscreatingknowledgeandsharing knowledge New Law Act / Rules / Forms / Circulars / Notifications Query E Books / Groups / Updates Procedure Software FuturePresent Strategy and Planning 24. Will Technology take away our work? 25. TECHNOLOGY TRANSFORMATION will not take away our work rather it is going to MULTIPLY OUR WORK 26. Transformation is a part of life and has bought fabulous growth in the past.. 27. Transformation from Stock Market Out-Cry-System 28. Transformation from Physical Share Certificates to Demated shares 29. Turnover of BSE 0 5000 10000 15000 20000 25000 30000 1996 2000 2005 2006 2014 BSE_SENSEX 30. MCA21 : Paper based operations to paper less environment 31. Future ki Jhalak.. 32. INR 2000 Cr INR 42,000 Cr ECommerceMarketPlaceinIndia 33. USD 20 Billion ECommerceMarketPlaceinIndia 34. MCA21 : 2nd Phase 35. Use of Technology to Beat Technology 36. ChangeofworkScenarioByusingTechnology Procedure Works Strategy Problem Solving Corporate Planning 37. What you should do ? 38. Focus on areas where Computers cant enter Whatyoushoulddo 39. Venturing unexplored areas Whatyoushoulddo 40. Diversification into new segments Whatyoushoulddo 41. Whatyoushoulddo You can't do everything alone? But 42. Whatyoushoulddo Move to C Commerce Brand Knowledge Infrastructure Capital Synergy of 43. Quality of Service Corporate Laws Economic Laws Taxation Laws WTO & IPR International Trade Law IT & BPO Management Consulting Finance and Accounting Commerce Brand Synergy Infrastructure Synergy Capital Synergy Collaborative Commerce Single Window Interface Knowledge Synergy Global Presence Growing Revenues Growing Customers Growing Nations CS + CA + CWA + MBA + LLB 44. SuccessMantra Knowledge + = CCommerce IT Success + 45. SuccessMantra Whether Professionals can grasp such changes?? THE SURVIVAL MANTRA Learn, Unlearn & Relearn 46. The combination of HARD WORK and SMART WORK is EFFICIENT WORK 47. SuccessMantra Things will never be the same.. So change the future before future changes you