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Issue 03 July 27, 2020
President
Rtn. Vincent P. Raj
Secretary
Rtn. Gowri S. Oza
Charter No. 3323 R.I. Dist. 3190
100% Paul Harris Fellow Club & Foundation Giving Club
THEROTATOR
Rotary Opens Opportunities
NEWS FLASH
C o n g r a t u l a t i o n s t o _
Rtn Ravishankar Dakoju - on
being appointed as the
Goodwill Ambassador of AKS
Association, in India. As an
Ambassador, he is assigned to
play a lead role working along
with all DGs, meet, inspire &
enlarge this club on all India
level. I am sure that Ravi, with
h i s i n f e c t i o u s s m i l e &
unassuming persona, will do us
pride in his new titular role.
SPEAKER EVENT
Mr C.B. Bhave, IAS (Retd.),, Former Chairman of SEBI
“Corporate Governance is warranted whenever there is a
group activity – even in a game.”
On Monday, July 20, members of Rotary Club of Bangalore
were treated to a very learned and insightful talk on
“Corporate Governance” by Mr. C B Bhave, former Chairman
of SEBI.
Mr Bhave said that Corporate Governance was one of the
most debated subjects and has been the subject of many
committees appointed by the Government. Corporate
Governance was warranted whenever there was a group
activity – even in a game. Whenever different individuals
come together for a group activity/where team play is
involved, there needs to be certain basic rules which need to
be adhered by all. With the advent of different types of
Organizations like Proprietorship, Partnership, Ltd.
Companies, Trust, etc, the complexities increased. Also the
interests of various stakeholders like shareholders,
customers, suppliers, workers needed to be protected. Thus
the principles of Corporate Governance evolved over a period
of time.
Introducing the Chief Guest,Rtn. S Viswanathan said that
Mr.Bhave was an electrical engineer by training and joined
the IAS in 1975 and worked for over two decades in the
Government. He set up NSDL, the first depository in India, in
1996 and was instrumental in making the transactions in
stock exchanges a 100% paperless one. He later on joined
SEBI as its chairman in 2008 and continued up to 2011.
During his tenure in SEBI, he brought about various market
reforms which were highly beneficial to the investors.
Presently Mr. Bhave sits on the boards of a few companies as
an independent director.
In his talk, Mr. Bhave explained that the cornerstone of the
principle of Corporate Governance was that the individual
interest needs to be subordinated to the team interest. It is
difficult to codify everything by law and the behavior of
Deccan Herald dated 22nd July 2020
ROTARYEXTENDS A
HELPING HAND
The Rotary Club of Bangalore
recently installed Vincent
P Raj (second from right)
as its 86th president. The
club planted trees on KSRP
Grounds to mark the
occasion. It also donated
200 PPE kits to four primary
health centres in Anekal.
This picture was taken at
Haragadde primary health
centre in Jigani in Anekal
taluk.
2 Rotary Club of Bangalore
WHO DECLARES NIGERIA POLIO FREE
“It is a historic day for Nigeria, Africa and the Global Polio
Programme,” WHO said.
Meanwhile, Dr. Faisal Shuaib, Executive Director and CEO of
the National Primary Health Care Development Agency
(NPHCDA), in a tweet @drfaisalshuaib described the
documentation as historical.
“Amazing moment in history to have and our polio-
eradication documentation accepted by (ARCC); the Nigeria
team led by NPHCDA and partners demonstrated evidence of
our polio-free status.
“Nigeria achieving a Wild Polio Virus-free status today, is
significant on multiple fronts.
“I look back at the incredible leadership that has brought us
here.
“Apart from President Muhammadu Buhari, GCFR, the two
most important people who have made it possible due to
their financial and technological contributions have been
Mr. Aliko Dangote and Mr. Bill Gates.
“Thanks for this unquantifiable gift to Nigeria,” he said.
The World Health Organisation (WHO) has declared Nigeria
free of wild polio, following the completion of documentation
for the free status.
The UN health agency disclosed this on its regional office for
Africa in Brazzaville, Congo, Official twitter account
@WHOAFRO.
“Today, Nigeria’s complete documentation with Wild Polio
Virus free status was accepted by the Africa Regional
Certification Commission for polio eradication (ARCC).
people in organizations need to be defined by themselves. An
appropriate test is to ascertain whether the act is fair to other
concerned parties. It is quite possible that an act is not illegal
under the laws of the land but may not be considered a fair
practice under the principles of Corporate Governance.
Mr Bhave thereafter gave several instances of breach of the
principles of Corporate Governance, both in India and the
western countries. He stated that all the people in an
organization had a role to play in ensuring Corporate
Governance in their organizations. Quite often regulators do
not take action in time with the result that a fraud/scam which
could have been detected/nipped in the bud is detected much
later after huge losses are borne by different stakeholders.
The floor was then thrown open for a Q&A session with Rtn
Viswanathan moderating the discussions. Mr Bhave answered
several questions on the duties/obligations of the
independent directors, their role in effective governance,
comparison of the provisions of SEBI Vs SEC, root cause of
various scams that happened in India, the role of SEBI,
protection afforded to whistleblowers, etc. The participation
of the Rotarians was overwhelming and the event was a huge
success.
President Vincent thanked Mr. Bhave for a highly enlightening
and informative speech which benefitted Rotarians
immensely. He also thanked the Rotarians for their active
participation and ensuring that the session was a highly
interactive one.
Rtn. Viswanathan Swaminathan
Rotary Club of Bangalore 3
It was a pleasure to have amongst us our Besuge Partner. Rtn Dr. Muralidhar President Rotary KGF. Besuge is a District initiative whereby a City club is paired with a Rural club for better understanding and synergistic values.
We intend to do some joint projects with the club.
Project plans of RCKGF for the year 2020-21 are..... 100 Cataract surgeries for the poor, Project Kamdhenu for 100 beneficiaries, Kalpataru, a District event. Happy School and Menstrual Health and Hygiene for women.
We look forward to a great friendship and fellowship
Would That I Could
If I could stay I would...
Whistling soft tunes to blackbirds
Whispering wishes into the night
Not a care in the world
Not a worry in sight
If I could stay I would...
Making friends with hermit crabs
Marvelling at patterns in the sand
Every day a new adventure
Every night a pen in hand
ROTARY COVID CARE CENTRE
The Signing of MOU of Rotary Covid Care Centre at Basaveshwara Bus stand Peenya by DG Nagendra Prasad, CEO of
Prakriya & KSRTC officials today 23/07/2020 and Nayonika today for setting up a 300 bed Covid Centre to help the community.
Rtn Dr. Muralidhar, President Rotary KGF.
JOIN US ON 27TH JULY, 7:15 PM, ON ZOOMTO HAVE ALL THESE QUESTIONS & MANY MORE ANSWERED
first
second
third
fourth
Is it the TRUTH ? that Dr. Mustali is FUNNY
Is it FAIR to all concerned ? that’s Phiroze & Vedam are LOVED by all
Will it build GOOD WILL & BETTER FRIENDSHIPS ?between Nagachandra & the WORLD
Will it be BENEFICIAL to all concerned ? ”with Virina & Raj Cherla Imparting GYAN
THE FOUR-WAY JEST“of the things we think, say or do
A PIECE FROM LAKSHMI RAMMOHAN TRAVEL DIARY TO THE ANDAMANS.
If I could stay I would...
Watching the sun set every day
Waiting for the sun to rise
The time in between a dream
The waking but a small price
If I could stay I would...
Wondering about the life around us
Wonderstruck at its intricacy
This world of relentless tides
This world of endless intimacy
If I could stay....
Lakshmi Rammohan
BESUGE PARTNER
Edited and Published by Joint Secretary Rtn. Kalyani Talukder, Compiled by Rtn. M.C. Dinesh,
for Rotary Club of Bangalore, Rotary House of Friendship, 20, Lavelle Road, Bengaluru - 560 001.
Phone : 2212 0317 e-mail : rotarycb1934@gmail.com website : www.rotaryclubofbangalore.org
Printed by VIMALAA IMPRESSIONSRajajinagar, Bengaluru - 560 010
Phone : 080 2315 5212dineshmcimpression@gmail.com| |
President Rtn. Vincnet P. Raj called the 3rd
meeting of the Rotary Club of Bangalore to
order.
President requested members to stand for 20
second silent invocation.
He welcomed PRID M.K. Panduranga Setty,
PDGs, Past Presidents, Rotarians, Anns, Inner
Wheel members, Rotaractors and invitees.
Special welcome was given to Guest Speaker
Mr. C.B. Bhave; President also welcomed
President Rtn. Dr.M. Muralidhar of K.G.F.,
RCB's 'Besuge' partner in R.I. Dist. 3190.
President informed everybody that the
pandemic situation was worsening and
requested that the practice of wearing masks,
keeping social distancing and cleaning hands
with sanitiser should be observed strictly. He
urged everybody to stay safe and stay fit. He
also requested all Directors to do the projects
according to the situation.
President congratulated Rtn. Prabhu
Subramanian for volunteering to serve as a
Covid warrior with the Police Department, in
response to the request made to RCB by the
Commissioner of Police.
R tn . Susheema V idya ra tna ra j was
congratulated for her association with the
Divershefy Club, an International organisation
with a mission to get more women into
Boardroom and C-suites.
President Elect Rtn. R. Girish informed that
Secretary Gowri and himself attended the
rd thProceedings of the 3 meeting of the 86 year of Rotary Club of Bangalore, held on Monday,
20th July 2020. It was a virtual meet.
virtual meet of Rotary Club of Madras, parent
Club of RCB, holding its anniversary
celebrations.
President handed over “Scroll of Appreciation'
certificates to Rtn. M.C. Dinesh for his
Community Service projects, Rtn. Faizal
Jaliwala for his donation of PPE kits to Covid
19 warriors, and Rtn. K.N. Tilak Kumar for
public image in publishing Installation reports
of Rotary Club of Bangalore and Inner Wheel
Club of Bangalore in Deccan Herald.
Rtn Kalpana Uday Kumar greeted the members
celebrating their Birthday and Wedding
anniversary this week. Rtn. Gowtham
Kalathur made a special audio and video
presentation for greeting the members.
Secretary Rtn. Gowri S. Oza, announced
weekly and Committee meetings for this week .
She also requested members to participate in
the District program of Putta Gombe Saval –
Dance competition event.
Secretary introduced the new member Mr.
N.M. Sandeep Srinivasamurthy and he was
formally inducted by PP Rtn. Vivek Prabhu on
behalf of Rotary International President,
R.I.Dist. 3190 and RCB Members. President
read the oath and welcomed him to the RCB
fold.
President introduced President Rtn.
Dr.Muralidhar of Rotary K.G.F. and said Rotary
K.G.F. is our Besuge partner club for this year
and we are doing joint project under Asha
Kiran project.
Rtn. Pres. Dr.Muralidhar, briefed the audience
about his clubs projects and programs and
invited RCB members to their club and join for
joint projects.
Rtn. S. Viswanathan, Director, Vocational
Service Committee introduced the Guest
speaker Mr. C.B. Bhave .
Mr.C.B. Bhave, IAS, Retd., former Chairman of
SEBI addressed the members on Good
Corporate Governances. He also answered
questions raised by Rtns. Kashinath M.Pai,
S.Visanathan, Jayanth Rudra, Lomesh Kiran,
Nidumurai, and Dilip Mehta.
President thanked the speaker Mr.C.B.Bhave
and adjourned the meeting.
Rtn. Ujwala Mandgi : 28th July
Rtn. A.S.Prabhakar : 30th July
Rtn. S.Vishwanath : 30th July
Rtn. Guthi Jambunath : 31st July
Rtn. Elizabeth Cherian Paramesh : 1st Aug
Rtn. Arjun Scindia : 2nd Aug
Ann. Latha RajpaL : 28th July
Mr. Shashidhar : 30th July
Ann. Mangala Padmanabha : 30th July
Ann. Vandana Sham : 31st July
MEMBERS
SPOUSES
BIRTHDAY GREETINGS
ATTENDANCE : 20.07.2020
Total Membership : 266
Members present : 104
Members exempted : 046
B/F : Rs. 4001
CONTRIBUTION TO COMMUNITY CHEST
Rtn. N Gowrishankar : Rs.10000
TOTAL : Rs.14001
Monday, 27th July, Fellowship EveningWhat Next
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