President of MSME Development Forum – West Bengal Chapter, Dr. (h.c.) CS Adv Mamta Binani completes a triumphant 25 years in her profession


Kolkata : President of MSME Development Forum – West Bengal Chapter, Dr. (h.c.) CS Adv Mamta Binani completes a triumphant 25 years in her profession. Let’s look at her unwavering contributions and her determined steps a little in detail.

In 1996, Mamta Binani was named the All-India Topper in the Institute of Company Secretaries of India’s Intermediate Examinations. She has served as the Chairperson of the Institute of Company Secretaries of India’s Eastern India Regional Council, receiving the D. L. Mazumdar Silver Medal and the Mauji Ram Memorial Award. She received the prestigious ‘Bharat Nirman Awards’ for ‘Excellence in Professional Services,’ making her the first Company Secretary to receive this honour.

She has received a number of awards namely, ‘Tejaswini Award’, ‘Hello Kolkata’, ‘KKMERS’, Best President Award, Lions Clubs International District 322B2. She was the first Indian to receive the ‘IWIRC Women of the Year in Restructuring (Asia) Award, 2021’. Ms. Binani has also been felicitated at the 15th Edition of Asian Business & Social Forum 2021, Awards & Business E-Summit, on 26th October 2021 at Emirates Ball Room, Marriott Marquis Hotel, Dubai.

Reputation transcends boundary :

Dr. (h.c.) CS Adv Mamta Binani is the National Past President of the Institute of Company Secretaries of India (ICSI) for the year 2016 and she relinquished the office of President on 19th January 2017. She is the second lady President of ICSI in the illustrious history of the Institute for the last 52 years. Ms. Binani has served as a jury member of the ICSI National Award for Excellence in Corporate Governance and CSR, 2016, the Golden Peacock Award of The Institute of Directors for the year 2016, ASSOCHAM Award for Commendable CSR Activity for the year 2016. She is the Vice President of the Kolkata National Company Law Tribunal Bar Association, the Chairperson of the Merchant Chamber of Commerce-Legal Affairs Council, and also an executive committee member of INSOL India. She is a Board Member of the International Women’s Insolvency & Restructuring Confederation (IWIRC) and is presently the Co-Chair of the India Network.

Ms. Binani is an Independent Director in some of the reputed Boards of the Country viz. Century Ply, Balrampur Chini Mills, Emami Limited, and others. Ms. Binani feels that the government is the engine and that as a member of that machinery, it is her responsibility to highlight the government’s efforts by bringing them to the masses and classes. She began her career by practicing as a Company Secretary for over 21 years and was a senior partner of Mamta Binani & Associates, having her offices in Pune, Kolkata, and Chennai. She is now practicing as an Advocate and is also a consultant on restructuring, corporate and legal matters.

Notable contributions :

Ms. Binani is a registered Insolvency Professional. She is the first insolvency professional in the country, to be registered with the Insolvency & Bankruptcy Board of India. She also serves as an Independent Director on a few of the prestigious Boards and has served as the promoter director of the ICSI Insolvency Professionals Agency (now known as ICSI: Institute of Insolvency Professionals).

Back in 2010, she has been the Chairperson of the Eastern India Regional Council of the Institute of Company Secretaries of India. She has been the first lady to have held the position, amongst all the 3 professional Institutes, namely The Institute of Chartered Accountants of India, The Institute of Cost Accountants of India and The Institute of Company Secretaries of India, in the Eastern Region.

Back in 2021, she was the first Indian to have been endowed with the prestigious award IWIRC: Women of the Year in Restructuring (Asia) Award, 2021′. IWIRC (International Women’s Insolvency & Restructuring Confederation) is an organisation that is spread in 49 countries and is the first international professional association dedicated to women in all disciplines of insolvency & restructuring. It has over 1700 members globally, men, women, and corporates, representing every discipline of restructuring: law, crisis management, financial advisory, banking, private equity, claims management, communications and much more.

She keeps herself abreast with the latest developments in the arena of laws and firmly believes that Government is the engine and as a part of the said machinery, it is her duty to accentuate the efforts of the Government by taking it to the masses and classes. She is very active in the Insolvency space and is a regular and prolific writer, speaker, and thought leader.