To strengthen outreach beyond digital platforms, MY Bharat and the Corporate Affairs Ministry have also organized physical internship and awareness camps in cities like Chennai, Pune, and Dantewada. These regional camps enabled candidates to interact directly with employers, understand available professional roles, and receive hands-on assistance with their application formalities, drawing strong participation from hundreds of aspiring professionals.

This collaborative initiative aims to significantly strengthen India’s youth employability ecosystem by creating structured, accessible pathways to corporate internships. By combining digital mobilization with targeted grassroots outreach, the program successfully bridges the gap between youth talent and industry requirements, driving forward the national vision of Viksit Bharat@2047 by equipping young citizens with future-ready skills and invaluable corporate exposure.

Delivering the convocation address, Justice Ashok Bhushan, Chairperson of the National Company Law Appellate Tribunal (NCLAT), said the Insolvency and Bankruptcy Code has evolved significantly over the past decade, with major legal and operational issues now settled through landmark judicial pronouncements. He described the period from 2016 to 2021 as the “era of establishment” and the current phase as the “era of refinement,” noting that the Insolvency and Bankruptcy Code Amendment Act, 2026, reflects the legislation’s continued evolution. Justice Anupinder Singh Grewal, President of the National Company Law Tribunal (NCLT), in his keynote address, emphasized the need for stronger judicial and institutional coordination to ensure timely insolvency resolutions and advocated the adoption of the UNCITRAL Model Law on Cross-Border Insolvency to enhance India’s attractiveness as a global restructuring destination.

Addressing the conference, Ministry of Corporate Affairs Secretary Deepti Gaur Mukerjee described the Insolvency and Bankruptcy Code as a transformative reform that has reshaped India’s financial and corporate ecosystem. She highlighted that nearly ₹4 lakh crore has been recovered through resolution processes, with creditors realizing around 170 percent of liquidation value, while more than 32,000 cases were settled before formal admission, preserving credit worth nearly ₹14 lakh crore. Referring to the recently enacted Insolvency and Bankruptcy Code Amendment Act, 2026, she said the reform would further strengthen the insolvency framework and support the national vision of building a developed India under Viksit Bharat.

To counter this imbalance, the next evolution of corporate giving must move away from fragmented philanthropy and shift toward strategic investments in underserved geographies. True impact is diluted when multiple organizations repeatedly fund the same communities, drawing a parallel to multiple people feeding a single individual while others elsewhere go hungry. By redirecting capital, corporate expertise, and long-term commitment to the country’s most vulnerable and isolated pockets, businesses can address deep-seated developmental gaps. This pivot ensures that corporate capital functions equitably, actively seeking out communities that have historically been left behind by mainstream development frameworks.

With institutional scale and substantial capital now secured, the future of corporate social responsibility lies in piloting scalable, evidence-based models that governments can later institutionalize. Instead of repeating isolated interventions, companies possess the unique capability to test innovative frameworks and build robust ecosystems in challenging environments. Real social transformation is ultimately achieved not by measuring the sheer volume of capital deployed, but by expanding the boundaries of development to include those who are still waiting to be seen.

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The programme aims to sensitise officer trainees to critical areas such as corporate finance, competition regulation and insolvency law, while aligning the curriculum with their professional roles and responsibilities. Participants will gain insights into the management of company affairs, powers and investigative functions of the Competition Commission of India, regulatory governance, anti-competitive practices, debt and default, data-driven decision-making, drafting and legislative intent, and the Corporate Insolvency Resolution Process. The training also covers the roles of the National Company Law Tribunal and the National Company Law Appellate Tribunal, providing practical exposure to contemporary corporate and insolvency frameworks.

In the northern region, the existing Regional Directorate at Delhi has been bifurcated into RD (NR-I) at New Delhi, covering NCT of Delhi and Uttar Pradesh, and RD (NR-II) at Chandigarh, covering Haryana, Himachal Pradesh, Punjab, Uttarakhand, and the UTs of Chandigarh, Ladakh and Jammu & Kashmir. Correspondingly, RoC Delhi has been split into three offices—two for different districts of NCT of Delhi and one new RoC at Chandigarh for Haryana. Additionally, a new RoC at Noida has been created by carving out 17 western districts of Uttar Pradesh from RoC Kanpur.

Similarly, the Western Region has been reorganized with RD (WR-I) at Mumbai for Mumbai districts, Goa and Daman & Diu, and RD (WR-II) at Navi Mumbai for the rest of Maharashtra. RoC Mumbai has been split into Mumbai-I and Mumbai-II, and a new RoC at Nagpur will cater to Vidarbha and parts of Marathwada. Further, a new South-Western Regional Directorate has been established at Bengaluru for Karnataka, Kerala and Lakshadweep, while RoC Kolkata has been divided into two offices to separately handle Kolkata district with Sikkim and the rest of West Bengal.

Key Changes in CSR Compliance:

Stricter Eligibility Norms

Only organizations registered under Section 12A, 80G, or 10(23C) of the Income Tax Act are now eligible to register for CSR funding. This move is expected to ensure financial credibility and regulatory oversight of implementing agencies.

Mandatory Track Record

NGOs and other entities not set up directly by a company must now demonstrate at least three years of experience in similar developmental work to qualify for CSR partnerships.

Digital Verification for All email addresses submitted must be OTP verified, and the form must be digitally signed by an authorized representative of the organization.

Complete Board Disclosure Required

Entities must now provide comprehensive details of their Board of Directors, trustees, or senior executives—specifically PAN numbers, designations, and verified email IDs.

Professional Certification Now Mandatory

The revised CSR-1 form must be digitally certified by a Chartered Accountant (CA), Company Secretary (CS), or Cost and Management Accountant (CMA). Importantly, the certifying professionals will now be legally accountable for any false or misleading information submitted.

These reforms reflect the government’s intent to ensure that CSR funds are utilized effectively, and only by organizations that meet rigorous financial, ethical, and operational standards. Companies are advised to thoroughly vet their CSR partners and ensure full compliance with the updated guidelines.

The new form requires comprehensive entity details, PAN-based verification, OTP-verified email IDs, and digital signatures from authorized personnel. It also mandates professional certification by a practicing CA, CS, or CMA, and proof of registration under Section 12A and approval under Section 80G of the Income Tax Act, 1961. While entities previously registered under the old CSR-1 format are not required to re-register, all new applicants must now comply with the updated online format. This initiative is expected to enhance corporate due diligence, improve the credibility of implementing agencies, and foster a more transparent and efficient CSR ecosystem in India.

The delegation, led by Lt. Gen. Surinder Nath, PVSM, AVSM (Retd.), President of IOD, included prominent members such as Mr. Desh Deepak Verma, IAS (Retd.), Principal Advisor; Mr. Sailesh, IAS (Retd.), Senior Strategic Advisor; Dr. Sameer Sharma, IAS (Retd.), Honorary Chairman, IOD Hyderabad Region; Mr. Pradeep Chaturvedi, Vice President; and Mr. Manoj K. Raut, CEO & Secretary-General of IOD. The discussion was constructive and focused on strengthening India’s corporate governance framework in line with global best practices.