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