Kolkata, Sep 15 - Corporate Affairs Minister Salman Khurshid Tuesday urged the Information Technology (IT) sector to spell out its standpoint and suggestions on the Companies Bill which is slated to come up before a standing committee of parliament soon.

'We are in the process of moving before the standing committee of parliament the Companies Bill, 2009. I hope your sector will make a special committee and come before the standing committee with your case,' Khurshid said, addressing a NASSCOM seminar on 'Growth Strategies in a Reshaped Global Economy'.

Urging the industry to partner the government in development to ensure inclusive growth, he said: 'We trust you, but we will also verify you. You also trust us, but at the same time verify us.'

Later, Khurshid told mediapersons that the government has taken several initiatives towards corporate governance.