Indian Corporate Law Service - ICLS

ED arrests Reliance Power CFO in money laundering case linked to Anil Ambani group. Investigators allege Pal facilitated the appointment of Biswal Tradelink Pvt Ltd — a firm with no credible background — to issue the fake guarantee. The ED claims this was part of a scheme to divert public funds from a listed company, where over 75% of shares are held by the public. http://ow.ly/XU2j106o7lQ

🎉 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞: 𝐈𝐂𝐋𝐒 𝐃𝐚𝐲 𝟐𝟎𝟐𝟓 🎉

The Indian Corporate Law Service Officers' Association marked a momentous ICLS Day 2025 on October 1st, bringing together ICLS officers from across the country to celebrate our shared legacy and the exceptional contributions of our colleagues. This historic date commemorates the coming into force of the 𝘾𝙚𝙣𝙩𝙧𝙖𝙡 𝘾𝙤𝙢𝙥𝙖𝙣𝙮 𝙇𝙖𝙬 𝙎𝙚𝙧𝙫𝙞𝙘𝙚 𝙍𝙪𝙡𝙚𝙨, 1965, which laid the foundation for what is today the 𝗜𝗻𝗱𝗶𝗮𝗻 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗟𝗮𝘄 𝗦𝗲𝗿𝘃𝗶𝗰𝗲.

The evening was a testament to the dedication, innovation, and multifaceted excellence that defines our cadre. We honored outstanding officers across three distinguished categories, recognizing those who continue to elevate the standards of corporate governance and public service in India.

The ICLS Officers' Association 𝗘𝘅𝗲𝗺𝗽𝗹𝗮𝗿𝘆 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗔𝘄𝗮𝗿𝗱 celebrated junior officers who have demonstrated exceptional commitment in their professional duties. This year's awardees are as follows:
1. V. Madhumita
2. Garima Nagpal
3. Manoj Sharma
4. B. Bhuvaneshwari
5. Nikita Yadav
6. Vadithya Shasikanth Naik

The 𝗗𝗶𝘀𝘁𝗶𝗻𝗴𝘂𝗶𝘀𝗵𝗲𝗱 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁 𝗔𝘄𝗮𝗿𝗱 recognized colleagues whose remarkable accomplishments have brought pride to our entire community. This year's awardees are as follows:
1. Pranay Chaturvedi
2. Dr. Avais Patwegar

The inaugural 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁'𝘀 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 honored those whose extraordinary professional achievements have enhanced the prestige of the entire ICLS cadre.

We are proud to celebrate Dr Amol Shinde (ICLS 2010), whose exemplary coordination of Maharashtra's 'Shaasan Aplya Daari' initiative earned the prestigious SKOCH Award and delivered over five crore benefits to citizens across the state. His work exemplifies the transformative impact that can be achieved through innovative, citizen-centric governance.

Shri Anil Yadav (ICLS 2011) demonstrated remarkable administrative acumen at the Central Registration Centre, reducing pendency from over 30,000 e-forms to record levels within just one and a half months. Under his leadership, May 2025 achieved the distinction of being the fastest month for incorporations in CRC history. His achievement stands as an inspiring example of what committed and capable officers can accomplish in public service.

The celebration reinforced our collective commitment to strengthening India's economic framework through robust corporate regulation, transparent governance, and unwavering dedication to public service. As we look ahead, we are inspired by the achievements of our colleagues and motivated to continue our mission of fostering a culture of compliance, integrity, and excellence in corporate India.

Here's to the ICLS family and to many more years of distinguished service to our nation.

Indian Corporate Law Service (@ICLSInd) on X

🎉 𝗢𝗨𝗧𝗦𝗧𝗔𝗡𝗗𝗜𝗡𝗚 𝗔𝗖𝗛𝗜𝗘𝗩𝗘𝗠𝗘𝗡𝗧 𝗔𝗟𝗘𝗥𝗧! 🎉
We are immensely proud to announce that Shri Pranay Chaturvedi, ICLS, has achieved a remarkable milestone by successfully clearing the FATF Assessors Training Program and TOPPING among 45 participants from across the globe! 🌟

Key Highlights:
✅ Cleared post-training assessment with flying colors
🥇 Secured top position among 45 international participants
🌍 Participants represented the FATF Global Network of over 200 countries and jurisdictions
⚡ Immediate eligibility declared for participating in Mutual Evaluations

𝗙𝗔𝗧𝗙 𝗣𝗮𝗻𝗲𝗹’𝘀 𝗥𝗶𝗻𝗴𝗶𝗻𝗴 𝗘𝗻𝗱𝗼𝗿𝘀𝗲𝗺𝗲𝗻𝘁: The prestigious FATF panel commended Shri Chaturvedi’s:
🎯 Excellent communication skills
📚 Deep understanding of the subject matter
🏆 Outstanding performance throughout the entire training and evaluation process

𝗔𝗯𝗼𝘂𝘁 𝗦𝗵𝗿𝗶 𝗣𝗿𝗮𝗻𝗮𝘆 𝗖𝗵𝗮𝘁𝘂𝗿𝘃𝗲𝗱𝗶, 𝗜𝗖𝗟𝗦:
Currently serving as Joint Director, Policy at the Ministry of Corporate Affairs, Shri Chaturvedi is a distinguished officer of the Indian Corporate Law Service. He previously served as the Head of ROC Delhi & Haryana, where he oversaw corporate compliance and served as an Adjudicating Officer for important corporate law enforcement matters. His career achievements demonstrate his expertise in regulatory frameworks, legal enforcement, and policy formulation.

𝗔𝗯𝗼𝘂𝘁 𝗙𝗔𝗧𝗙 𝗔𝘀𝘀𝗲𝘀𝘀𝗼𝗿𝘀 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴:
The FATF conducts training and support activities to strengthen countries’ understanding of the FATF Standards and how they help combat money laundering, terrorist financing and proliferation financing. This elite training program is designed for experienced national experts and prepares them to conduct mutual evaluations - a complete mutual evaluation takes up to 18 months and involves rigorous assessment of countries’ anti-money laundering and counter-terrorist financing systems.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝗰𝗲:
The strength and quality of assessors across the FATF Global Network is one of the keys to success of FATF and the FATF-style Regional Bodies as assessment bodies that conduct mutual evaluations of their members. The FATF leads global action to tackle money laundering, terrorist and proliferation financing, setting international standards that aim to prevent these illegal activities and the harm they cause to society.

This achievement not only brings honor to Shri Chaturvedi but also strengthens India’s position in the global fight against financial crimes. His expertise will now contribute to evaluating and enhancing anti-money laundering frameworks worldwide! 🇮🇳

Congratulations to Shri Pranay Chaturvedi on this exceptional achievement! 👏

cc: Ministry of Corporate Affairs FATF

Official statement from the Indian Corporate Law Service Officers' Association expressing solidarity with Foreign Secretary Shri Vikram Misri against recent personal attacks and vicious online trolling. The statement condemns unwarranted assaults on civil servants, emphasizes the importance of dignity in public service, and reaffirms commitment to professionalism and integrity.

Ministry of External Affairs, Government of India
Ministry of Corporate Affairs
PMO India
Nirmala Sitharaman