student company secretary aug 2010

EXECUTIVE PROGRAMME EXAMINATIONNo extension of registration will be allowed to any student if he/she

has not passed/completed the Executive Programme (Inter) examination during the validity of registration period. All such students will have to seek registration de novo only.PROFESSIONAL PROGRAMME EXAMINATION

1. Students whose registration expires between 28th/29th February and 31st August and between 31st August and 30th November will be allowed extension of time without payment of extension of registration fee for the limited purpose of appearing in the ensuing August or December examination, respectively, as the case may be.

2. Registration of a student may be extended beyond a period of fi ve years on year-to-year basis for appearing in the Professional Programme (Final) examination:

(i) if he/she has completed postal/oral coaching and has been issued with coaching completion certifi cate for all modules (groups) of the Professional Programme examination (Final) under new syllabus during the validity of the previous registration period or has passed at least one module (group) of the Professional Programme (Final) examination under the New Syllabus during the validity of the previous registration period as the case may be; and

(ii) makes an application for extension of registration period along with requisite fee within six months from the date of expiry of registration or within six weeks of the declaration of results of the last examination in which he/she appeared, whichever is later.

3. Extension of registration shall be granted for one year at a time on payment of extension of registration fee of Rs. 500 per annum, arrears of fee, if any, under the previous registration and service charges @ Rs. 150 per module (group) for which the student has not been issued with the coaching completion certifi cate for the Professional Programme (Final).

4. On the student’s application for extension of registration being accepted by the Institute, the extended period will be counted in continuation of his previous registration. He/she will also continue to bear the same registration number.

5. No candidate will be allowed more than two extensions including the extension, if any, already availed under old/new syllabus for completing Professional Programme (Final) examination under the new syllabus.

6. A student who completes the Professional Programme (Final) examination (of the Institute) during the extended period of registration will be required to comply with the practical experience and practical training requirements as stipulated under Company Secretaries Regulations, 1982 and guidelines framed there under in this regard.

7. Study material will not again be supplied on seeking extension of registration. However, it can be had on payment of Rs. 160 per subject.

8. A student, on being granted extension of registration, shall be eligible to get the ‘Student Company Secretary’ from the month next to the month in which his application for extension of registration is accepted by the Institute.

9. The Secretary - on being satisfi ed that application of any of the guidelines cause undue hardship to a candidate - may relax any of the said guidelines by recording reasons in writing.

Executive Programme (Intermediate) or balance of Rs. 7,500, if enrolled for Professional Programme (Final), as the case may be, after adjusting the amount paid on this account earlier. However, credit for having completed coaching in a particular module (Group) may be given if the coaching completion certifi cate has not been issued due to invalid registration or any other reason.

(b) Postal tuition fee of Rs 5,000 in the case of students who have passed the Executive Programme (Intermediate) examination but not enrolled for the Professional Programme (Final).

(c) Arrears of postal tuition fee, if due, under former registration where the students have been issued with coaching completion certifi cate(s) for both modules (Group) of Executive Programme (Intermediate) all modules (Group) of Professional Programme (Final) as the case may be.

2. On the student being registered do novo he will be given credit for the oral or postal tuition completed during the validity of his previous registration in the corresponding paper(s) of the new syllabus. Such a student shall not be supplied with the study material afresh. Study material can however be obtained on payment of Rs. 160 per subject. Student Company Secretary will be sent free of cost during the validity period of registration de novo from the month subsequent to the month in which the student was registered de novo.

(B) Guidelines for candidates seeking registration de novo after two years of the expiry of previous registration.

1. A person whose registration has been cancelled or has terminated on expiry of fi ve-year period and has not sought registration de novo within two years of the expiry of former registration may seek registration de novo within 5 years of the cancellation/termination of his former registration on payment of the following fees:

(i) Registration fee Rs. 1500 (ii) Exemption fee for (a) Foundation Programme Rs. 500 (b) Executive Programme (Inter) Rs. 500 Examination (if already passed) (iii) Paperwise exemption fee (a) Executive Programme (Inter) Rs. 100 per paper (b) Professional Programme (Final) Rs. 100 per paper (iv) Where a student has not completed coaching for both

modules (Groups) of Executive Programme (Inter) all modules of Professional Programme (Final), balance of Rs. 5,000 of the postal tuition fee, if enrolled for Executive Programme (Inter) or balance of Rs. 7,500 if enrolled for Professional Programme (Final), as the case may be. However, credit for having completed the coaching in a particular module may be given if the coaching completion certifi cate has not been issued due to invalid registration or any other reason.

(v) Rs. 7,500 in the case of students who have passed the Executive Programme (Inter) but not enrolled for the Professional Programme (Final).

(vi) Arrears of postal tuition fee, if due, under former registration where the students have been issued with coaching completion certifi cates for both modules (Group) of Executive Programme (Inter) all modules (Group) of Professional Programme (Final).

2. On the student being registered de novo, he will be given credit for the oral or postal tuition completed during the validity of his previous registration in the corresponding paper(s) at the new syllabus. Such a student shall not be supplied with the study material afresh. Study material can however be obtained on payment @ Rs. 160 per subject. Student Company Secretary will be sent free of cost during the validity period of registration de novo from the month subsequent to the month in which the student was registered de novo.

3. The registration de novo will be valid for a period of fi ve years from the month in which the student has been registered de novo.

(C) No candidate shall be registered as a student de novo if he applies after fi ve years of the expiry of the former registration. He may seek fresh registration as a student and no credit for the fees paid or examination passed under the former registration will be admissible on his registration as a fresh student under any circumstances.

GUIDELINES FOR SEEKING EXTENSION OF REGISTRATION

GUIDELINES FOR REGISTRATION DE NOVO(Registration de novo pursuant to regulation 22 read with sub-

regulation (2) of regulation 24.)(A) Guidelines for candidates seeking registration de novo within

two years of the expiry of previous registration.1. A person whose registration has been cancelled on expiry

of fi ve-years period or otherwise may within two years of cancellation of former registration seek registration de novo on payment of the following fees:

(i) Registration fee: Rs.1500 (w.e.f. 1.4.2008) (ii) (a) Where a student has not completed coaching for both

modules (Group) of Executive Programme (Intermediate) all modules (Group) of Professional Programme (Final), balance of Rs.5,000 of the postal tuition fee if enrolled for

Student Company SecretaryStudent Company Secretary August 2010August 20101

Student Company SecretaryStudent Company Secretary ISSN 0972-2874ISSN 0972-2874August 2010August 2010

Volume No. XXVIIVolume No. XXVII

8Editorial Advisory BoardChairmanS. BalasubramanianMembers(in alphabetical order)Archana Shukla (Dr.)B A Agrawal (Dr.)G P Agarwal G R BhatiaGirish Ahuja (Dr.)Manish KhannaNavrang Saini (Dr.)N V Narasimham (Prof.)Nesar AhmadPavan Kumar VijayPradeep Kumar MittalPreeti Malhotra (Ms.)R S Nigam (Prof.)Sanjeev Kumar (Dr.)Sumant BatraT V Narayanaswamy

Editor & Publisher : N.K. Jain

The CouncilPresidentVinayak S KhanvalkarVice-PresidentAnil MurarkaMembers (in alphabetical order)Ananthasubramanian S NAvinash K SrivastavaBiswa Behari ChatterjeeDatla Hanumanta RajuHarish Kumar VaidInder KumarKeyoor BakshiMilind B KasodekarNarasimhan BNesar AhmadPradeep Kumar MittalPreeti Malhotra (Ms)R SankaraiahS RamkrishnaSanjay GroverSridharan RSudhir Babu CY N Thakare

Secretary andChief Executive Offi cer : N.K. Jain

ANNUAL SUBSCRIPTION Rs. 50SINGLE COPY Rs. 5.00

Edited, printed and published by N.K. Jain for the Institute of Company Secretaries of India, ‘ICSI House’, 22, Institutional Area, Lodi Road, New Delhi-110003� Phone : 45341000� Grams: Compsec� Fax : 91-11-24626727� E-mail : [email protected]� Website : http//www.icsi.edu� Printed at Aravali Printers &

Publishers (P) Ltd., W-30,Okhla Industrial Area, Phase - II,New Delhi-110020

� Phone : 26388830-32, 26389736-38� Fax : 26388829� Email - [email protected]� The Institute is not in anyway

responsible for the result of any action taken on the basis of the advertisements published in this Bulletin.

� From the President 03� Academic Guidance 05� Legal World 11� Student Services 16� Schedule of SMTPs/MSOP/TOP/SIP/EDP 19, 20� December 2009 CS Exams.– Prize Awards 26� Introduction of New Awards for CS Examinations 43� Announcement of NIRC Classes 48

2

Student Services


PARTICULARSPARTICULARS FEES (RS.)FEES (RS.) REMARKSREMARKS

FOUNDATION PROGRAMMEFOUNDATION PROGRAMME

Admission Fee 1200

Postal Tutition Fee 2400 Total Fees 3600

EXECUTIVE PROGRAMMEEXECUTIVE PROGRAMME

Registration FeeFoundation Examination Exemption FeePostal Tuition Fee for Executive Programme

150050

5000

Total Fees 7000(For Commerce

graduates

Postal Tuition Fee for Foundation Programme(payable by Non-Commerce Graduates who are seekingexemption from passing the Foundation ProgrammeExamination under clause (iii) of Regulation 38)

750

Total Fees 7750(For others)

PROFESSIONALPROFESSIONAL PROGRAMME PROGRAMME

Postal Tutition Fee 7500

DEDE-NOVO-NOVO REGISTRATION REGISTRATION

Registration De-Novo Fee 1500

Exemption from Foundation Examination Fee 500

Exemption from Executive Programme Examination Fee 500

EXTENSION OF REGISTRATIONEXTENSION OF REGISTRATION

Extension of Registration Fee 500

Service Charge for Extension of Registration 150

EXAMINATION FEEEXAMINATION FEE

Foundation Programme 875

Executive Programme900

(Per Module)

Professional Programme750

(Per Module)

Late Fee for receipt of Examination Application 100

Change of ExaminationCenter/Module/Medium

100

OTHER FEESOTHER FEES

Paper-wise Exemption Fee 100

Issue of Duplicate Identity Card Fee 50

Issue of Duplicate Pass Certifi cate Fee 50

Verifi cation of Marks Fee100

(Per Subject)

ATTENTION STUDENTSATTENTION STUDENTS

SCHEDULE OF FEESSCHEDULE OF FEES

3

From the President


Dear Students,

Developing leadership skills are important as the leadership today is far more exciting. It is both an attitude and a skill to succeed at any level. The leadership

qualities that are required to make a good leader can vary in different companies, teams and situations. Business organisations aim to improve their performance by selecting and developing an individual’s potential. They identify the profi le of people who will enhance organisational performance, select individuals whose character, skills and potential closely match that profi le and develop those individuals so that their potential becomes a reality.

Leadership is just not a designation. It is a choice one makes and can be applied at any level. Experts say that the knowledge and awareness are the keys to leadership at any level. If you know your role with clarity, your place in the team's structure, and your own and the team’s objectives, then you almost always get things done right.

Everybody has potential to become a leader. Leadership is not a position to aspire for anymore, but an attitude to cultivate for life. It is the question of taking initiative and responsibility. Wherever you fi gure in the organisational hi erarchy, you have the oppor tunity to shine. So learn to lead yourself.

I would like to share with you some tips given by the leadership experts that will enable you to imple ment self-leadership. They say: (i) One should take hundred percent responsibility for his life and career and avoid blaming others for his/her lack of progress. Our circumstances can delay us, but not defeat us. The mo ment one becomes account able to himself, he is well on the way to self-leadership; (ii) Understand your strengths and core competence; (iii)Set mind blow ing goals that scare you. That is a sure sign that you have found something that will stretch you. Pursue it. stay with it and make it happen;(iv) Courage propels progress. Walk into your fears and overcome your insecurity. One small step forward instills faith in your abilities; (v) Take Ini tiative and make the fi rst move. When you have a great idea, act within 120 seconds; (vi) Help others reach their vi sion. Create space to give and ensure you enable your colleagues to succeed in their objectives. Get out of yourself; (vii) Ignore your critics; (viii) Respond ra tionally to mistakes. That makes all the difference. An emo tional response clouds your judgement and creates guilt. There is no embarrassment in falling down, only in not getting up and moving on; and (ix) Be yourself and be original. It is great to be inspired by others, but copying their success does not always work. Take a risk: it might pay off big.

Doing your job is important, and you doing it excellently makes a difference. It is your integrity and pleasure that drive you to do it well. It is that same integrity, commitment to excellence, and your focus on your duties keeping in

“The boss drives people; the leader coaches them. The boss depends on authority; the leader on goodwill. The boss inspires fear; the leader inspires enthusiasm. The boss says I; The leader says WE. The boss fi xes the blame for the breakdown; the leader fi xes the breakdown. The boss says, GO; the leader says Let's GO! "

– H. Gordon Selfridge

4

From the President


view vision of the organization that would distinguish you from other professionals. It is important not to overlook your quest to enhance your personal and professional development and growth. Through leadership, you have the potential for advancement and expansion. And, equally, through your leadership and guidance, you can improve on the people around you.

I am pleased to inform you that ICSI–Centre for Corporate Governance, Research & Training (CCGRT) is organizing its 4th Residential Management Skills Orientation Program from Thursday, September 16, 2010 to October 01, 2010. All the Professional Programme (Final) pass candidates having completed TOP and Management Training or been exempted from training are eligible to attend this programme. I advise you to attend the same and benefi t immensely.

As you are aware, the 38th National Convention of Company Secretaries is being held on the theme “India Inc. and Inclusive Growth”on September 2-3-4, 2010 at Kolkata. I advise you to ensure your participation at the Convention as a delegate which will be a great learning experience for you.

Dear students, I am conscious of the fact that you must be eagerly awaiting the results of the June 2010 examinations of the Institute that will be announced on 25th August 2010 throughout the country. I wish you all best of luck.

With best wishes,

August 16, 2010 Yours sincerely,

(CS VINAYAK S KHANVALKAR)

[email protected]

5

Academic Guidance


ACADEMIC GUIDANCEACADEMIC GUIDANCEFinancial, Treasury & Forex ManagementFinancial, Treasury & Forex Management

(Professional Programme)(Professional Programme)

FAQs on Options on USD-INR Spot RateFAQs on Options on USD-INR Spot Rate1

What are Currency Options?Currency Options are contracts that grant the buyer of the option

the right, but not the obligation, to buy or sell underlying currency at a specifi ed exchange rate during a specifi ed period of time. For this right, the buyer pays premium to the seller of the option.

What is the need for Exchange traded Currency Options?The need for Exchange traded currency options arises on account

of the following reasons:1. Options have the comparative advantage of maintaining a

certain degree of fl exibility in hedging, as, while protecting against a downside risk, they allow the investor from profi ting from favorable movements of the foreign exchange rates by simply not exercising the option.

2. The exchange platform brings in all attendant benefi ts of transparency, fi ner spreads, access, safety, central counterparty, etc.

What is the underlying for USD-INR options?Underlying is US Dollar – Indian Rupee (US$-INR) spot rate.

What is the type of options?USD-INR option contracts are Premium styled European Call and

Put Options.

What is the trading hour and size of USD-INR options contract?The trading hours are from 9 a.m. to 5.00 p.m. on all working days

from Monday to Friday and the contract Size is US$ 1,000.

What is the quotation of USD-INR options?The premium is quoted in rupee terms. However, the outstanding

position is in USD terms.

What is the contract cycle for USD-INR options?The contract cycle consists of three serial monthly contracts

followed by three quarterly contracts of the cycle March/June/September/December.

What is the settlement mechanism for USD-INR options?USD-INR options contracts are cash settled in Indian Rupee.

Which day is the expiry/last trading day?The expiry / last trading day for the options contract is two working

days prior to the last working day of the expiry month.

How settlement price is derived?The fi nal settlement price is the Reserve Bank of India USD-INR

Reference Rate on the date of expiry of the contracts.

Which day is the final settlement day?The options contract would expire on the last working day

(excluding Saturdays) of the contract month. The last working day would be taken to be the same as that for Interbank Settlements in Mumbai. The rules for Interbank Settlements, including those for ‘known holidays’ and ‘subsequently declared holiday’ would be those as laid down by FEDAI.

How would contracts be settled at expiry?On expiry date, all open long in-the-money contracts, on a particular

strike of a series, at the close of trading hours would be automatically exercised at the fi nal settlement price and assigned on a random basis to the open short positions of the same strike and series.

What is the Initial Margin levied in USD-INR Options?The Initial Margin is based on a worst scenario loss of a portfolio

of an individual client comprising his positions in options and futures contracts on the same underlying across different maturities and across various scenarios of price and volatility changes. In order to achieve this, the price range for generating the scenarios is 3.5 standard deviation and volatility range for generating the scenarios is 3%. The initial margin is deducted from the liquid net-worth of the clearing member on an online, real time basis.

The sigma is calculated using the methodology specifi ed for currency futures in SEBI circular no. SEBI/DNPD/Cir-38/2008 dated August 06, 2008 and is the standard deviation of daily returns of USD-INR futures price.

What is the Extreme Loss margin?Extreme loss margin of 1.5% of the notional value of the open

short option position is deducted from the liquid assets of the clearing member on an on line, real time basis. Notional Value is calculated on the basis of the latest available Reserve Bank Reference Rate for USD-INR.

What is Net Option Value?The Net Option Value is the current market value of the option

times the number of options (positive for long options and negative for short options) in the portfolio. The Net Option Value is added to the Liquid Net Worth of the clearing member. Thus, mark to market gains and losses is not settled in cash for options positions.

What is the Calendar Spread Margin levied on USD-INR Options?A long currency option position at one maturity and a short option

position at a different maturity in the same series, both having the same strike price is treated as a calendar spread. The margin for options calendar spread is same as specifi ed for USD-INR currency futures calendar spread. The calendar spread margin is calculated on the basis of delta of the portfolio in each month. A portfolio consisting of a near month option with a delta of 100 and a far month option with a delta of –100 would bear a spread charge equal to the spread charge for a portfolio which is long 100 near month currency futures and short 100 far month currency futures.

How premium paid by the buyer is settled?Premium is paid by the buyer in cash and paid out to the seller in

cash on T+1 day. Until the buyer pays in the premium, the premium due is deducted from the available Liquid Net Worth on a real time basis.

What is the Position Limit at Client level?The gross open positions of the client across all contracts (both

futures and options contracts) not to exceed 6% of the total open interest or USD 10 million whichever is higher. The Exchange disseminates alerts whenever the gross open position of the client exceeds 3% of the total open interest at the end of the previous day’s trade.

What is the Position Limit at Trading Member level?The gross open positions of the trading member across all

contracts (both futures and options contracts) not to exceed 15% of the total open interest or USD 50 million whichever is higher.

What is the Position Limit for Banks?The gross open positions of the bank across all contracts (both

futures and options contracts) not to exceed 15% of the total open interest or USD 100 million whichever is higher.

What is the Position Limit at Clearing Member level?No separate position limit is prescribed at the level of clearing

member. However, the clearing member ensures that his own trading position and the positions of each trading member clearing through him is within the limits specifi ed above. 1. Source : www.sebi.gov.in

6

Academic Guidance


General and Commercial LawsGeneral and Commercial Laws

International Commercial ArbitrationInternational Commercial Arbitration2

International contracts are those entered into between the parties belonging to different states which are sovereign entities. As such, each party is subject to the jurisdiction of the State and the Court of that state of which he is a national. There is no law governing such international contracts binding on both the parties except in so far as made by the parties for themselves by means of an agreement. The established method by which the parties agree to the resolution of differences between them arising out of such international contracts is arbitration. Such arbitration is fi rstly international and then it is commercial.

The international commercial arbitration takes place every day in different parts of the world and usually proceeds in accordance with the rules agreed to by the parties or laid down by the arbitral tribunal, without any obvious reference to any outside system of law. The existing system of International Commercial Arbitration involves international treaties, as well as national laws of different countries. The law which governs the arbitral proceedings may not be the law applicable to the substantive matters in issue. Moreover, the proper law of contract may not necessarily be a given national system of law, it may be international law, or a blend of national law and international law etc. However, the system of law which governs recognition and enforcement of arbitral award may also be different from that which governs arbitral proceedings themselves.Fundamentals of International Commercial Arbitration

International commercial arbitrations are those which satisfy two basic criteria, i.e., different nationality of parties and international character of the transaction. UNCITRAL Model Law on International Commercial Arbitration under Article 1(3) enumerates the basic ingredients of international commercial arbitrations, as follows :An arbitration is international, if:(a) the parties to an arbitration agreement have at the time of

conclusion of that agreement, their place of business in different states; or

(b) one of the following places is situated outside the state in which the parties have their place of business —(i) the place of arbitration if determined in or pursuant to, the

arbitration agreement;(ii) any place where a substantial part of the obligations of

commercial relationship is to be performed or the place with which the subject matter of the dispute is most closely connected; or

(c) the parties have expressly agreed that the subject matter of the arbitration agreement relates to more than one country.

The Model Law clarifi es that the term commercial in relation to international commercial arbitration covers matters arising from all relationships of a commercial nature, whether contractual or not. The commercial nature of relationship includes, but not limited to, any trade transaction for the supply or exchange of goods or services; distribution agreement; commercial representation or agency; factoring; leasing; construction of works; consulting; engineering; licensing; investment; fi nancing; banking; insurance; exploitation agreement or concession; joint venture and other forms of industrial or business cooperation; carriage of goods or passengers by air, sea, rail and road.International Commercial Arbitration under the Arbitration and Conciliation Act, 1996

International commercial arbitration under section 2(f) of the Arbitration and Conciliation Act, 1996 has been defi ned as “an arbitration relating to disputes arising out of legal relationships; whether contractual or not, considered as commercial under the law in force in India and where at least one of the parties is :

(i) an individual who is national of or habitually resident in any country other than India; or

(ii) a body corporate which is incorporated in any country other than India; or

(iii) a company or an association or a body of individuals whose central management and control is exercised in any country other than India; or the Government of a foreign country.

Salient Features of the Process of International Commercial Arbitration

There are following three salient features of the process of international commercial arbitration:

(i) There must be an agreement by the parties to refer dispute to arbitration;

(ii) The arbitral tribunal reaches a decision on the case, than suggesting a way in which a compromise might be reached;

(iii) The decision or award of the arbitral tribunal has important public legal consequences and may be recognised and enforced by legal proceedings in the National Courts of the place of enforcement.

In the area of international commercial arbitration, Bhatia International v. Bulk Trading S.A., (2003) 5 SCC (Jour) 22 is one of the important decisions of the Supreme Court. In this case, the parties to an international contract had resorted to arbitration in accordance with the rules of ICC, Paris to be conducted in Paris. As the foreign party wanted to ensure that in the event of a favourable award it would be able to recover its claim from the Indian party, it applied to an Indian court for interim measures securing the property of the Indian party. The Indian party objected to the application on the ground that the arbitration in question was being held in Paris, and under the New York Convention there is no provision for interim measure being granted by a court other than one in which the arbitration is being held.

The High Court rejected the contention. The Indian party then approached the Supreme Court, which upheld the High Court's judgment. In brief, the Supreme Court of India held that Part I of the Arbitration and Conciliation Act, 1996, which gives effect to the UNCITRAL Model Law and which confers power on the court to grant interim measures applied even to arbitration being held outside India.International Commercial Arbitration—Some Important Considerations

While negotiating and fi nalising the arbitration clause or an arbitration agreement with foreign party there are some important matters which, the Indian party should take into consideration. It is often said that the parties to a contract make their own law and it is of course subject to the rules of public policy and order public.

The parties are free to agree upon such terms as they may choose. Nevertheless, agreements that are intended to have a legal operation, create legal rights and duties which cannot exist in a vacuum but must have a place within a legal system which is available for dealing with questions such as the validity, application and interpretation of contracts and generally for supplementing their express provisions.

Although parties are free to agree upon such terms as they wish, the arbitration process is not regulated only by the wishes of the parties but by a governing law, which is generally referred to as lax arbitri, the law of the place of arbitration. In addition to the law of the place of arbitration, other laws must be taken into account such as those regulating matters relating to the capacity of the parties to arbitrate, the validity of the reference to arbitration, the extent of the jurisdiction of arbitral tribunal and the enforceability of arbitral award.

Infact, there involve different systems of law or legal rules which come into play in the process of international commercial arbitration and most importantly material similarity cannot be expected among these laws, be it capacity of arbitrators to arbitrate, time limit for commencing proceedings, matters relating to awards and other aspects of arbitral process. The systems or rules of law which play an important role in the process of international commercial arbitration are as under:

(i) The law governing the capacity of parties to enter into an agreement for arbitration.2. Prepared by Archana Kaul, Assistant Director, the ICSI.

7

Academic Guidance


(ii) The law governing the arbitration agreement and performance thereof.

(iii) The law governing the existence of arbitral tribunal and proceedings thereof.

(iv) The proper law of contract governing the substantive issues in dispute, i.e., law which determines rights and obligations of the parties.

(v) The law governing recognition and enforcement of arbitral award.

The Law Governing Capacity of Parties–The Law Governing Capacity of Parties–The parties to a contract must have legal capacity to enter into a contract, the lack of which renders the contract invalid. Under the provisions of Article V.1(a) of the New York Convention, 1958; Article 36(1 )(a) of the Model Law on International Commercial Arbitration and Section 48(1 )(a) of the Arbitration and Conciliation Act, 1996 the enforcement of an award may be refused if the parties to arbitration agreement are under some incapacity.

The rules governing the capacity of a person to enter into contract may vary from country to country. In this context, the test of capacity to enter into contract in relation to natural persons may depend on their nationality of the place of usual residence, whereas, in the case of corporations and other business entities, the capacity of such a legal person may be decided on the basis of place of incorporation or the place of business. Therefore, in the case of a natural person, the law governing the capacity of an individual to enter into an agreement usually depends on the law of the place where the arbitration agreement was entered into. Similarly, while ascertaining the law applicable to the capacity of a legal person such as corporations etc. to enter into an agreement reference must generally be had to the law which created that legal person, be it a corporate or State entity.

Law Governing the Arbitration Agreement–Law Governing the Arbitration Agreement–An agreement to arbitrate being the basis of the arbitration process, may be contained in an arbitration clause which forms part of the main contract between parties or the parties may enter into a separate independent arbitration agreement even when a dispute has arisen. The established position in this regard is that an arbitration clause in a main contract is treated as autonomous and independent of the main contract. Whereas, a separate arbitration agreement does not form part of the main contract and may be subject to a governing law different from that of the main contract.

Place of Arbitration–Place of Arbitration–The international commercial arbitration usually takes place in a country other than that to which the parties to dispute belong. It may happen that the-law which governs the arbitration may be different from the law which governs the substantive matters in dispute, i.e., the proper law. The parties in many cases do not specify the venue or place of arbitration and leave the matter to be decided by the arbitral tribunal or even the third party responsible for the appointment of sole/presiding arbitrator. In such situations, the selection of place of arbitration is dominated by the consideration that the arbitration should take place in a neutral country.

Parties to an international commercial arbitration are generally free to choose the place for conduct of arbitral proceedings. The place of arbitration chosen by or on behalf of the parties may expressly be provided in the arbitration agreement or the terms of reference or in some other way. However, the place of arbitration as designated by the parties does not imply that the arbitral tribunal must hold meetings or hearings at the designated place of arbitration. In the international commercial arbitrations, it is well established that the arbitral tribunal may meet or hear the parties at different places, if considered necessary, but the venue of arbitration remains the same as agreed upon between the parties.

In this context, Model Law under Article 20(2) allows arbitral tribunal to meet at any place it considers appropriate for consulting among its members or hearing witnesses unless the parties agree otherwise. However, in the absence of such express permission in the law and rules of procedure chosen by the parties, the arbitral tribunal is expected to remain within the jurisdiction of the place of arbitration, unless parties agreed otherwise.

Company LawCompany Law

Resignation of DirectorsResignation of Directors3

Definition of ResignationResignation can be defi ned as the spontaneous relinquishment of

one’s own right and it connotes the act of giving up or relinquishing the offi ce. In general juristic sense it means, in order to constitute a complete and operative resignation, there must be an intention to give up or relinquish the offi ce.

Palmer’s Company Precedents states that even in the absence of any express power to resign, it is submitted that, unless the articles are specially framed, a director may by notice to the company resign his directorship. A Director is merely an agent and may determine his agency.

Buckley on the Companies Act states that a director can, subject to the articles, resign his offi ce, and cannot withdraw his resignation without the company’s consent. A director can resign by word of mouth. Where director’s resignation is accepted by the board, he is not liable for a report made and the dividend recommended after that time, though his resignation was not disclosed to the company.

Provision in articles regarding resignationThere is no provision in the Companies Act, 1956 regarding

resignation of directors. Also, Table A of Schedule I to the Act does not contain any provisions in this regard. The Act, however, indirectly recognizes the right of resignation through the provisions in section 318. The section provides that no director is entitled to any payment except when he resigns his offi ce in certain situations provided in the section itself.

Further, the inclusion or non-inclusion in the articles of a provision for resignation would not prevent a director from resigning his offi ce. In the absence of any provision in the articles, resignation once made will take effect immediately when the intention to resign is made clear. In such a case the resignation tendered by a director unequivocally in writing will take effect from the time when such resignation is tendered.

Acceptance of director’s resignationDirector may at any time resign his offi ce. Where there is no

provision making acceptance of resignation necessary, a director vacates office on giving notice of his resignation. He cannot withdraw his resignation without the consent of the company. Resignation of a director takes effect from the date of the resignation letter. Where a resignation states that it is to take effect on acceptance, or the articles so require, acceptance is necessary to end the tenure of office. Where, however, resignation says that it is to take effect immediately, acceptance is not necessary unless the articles or any provision of law makes it necessary. Any form of resignation, whether oral or written, is sufficient, provided the intention to resign is clear. In the absence of any indication otherwise, a resignation takes effect immediately. Resignation will not however relieve him from any liability, which he may have incurred in office. But a director who has resigned would not be liable for anything that happens subsequently.

Recently, in the case of V.S. Gupta v. Punjab National Bank (2010) 154 Comp Cas 1 (DEL), it was held that director was not vicariously liable for dishonour of cheque as he had resigned his office before the issue of cheque.

In the case of Saumil Dilip Mitra v. State of Maharashtra (2002) 39 SCL 102 (Bom), the Bombay High Court has considered the subject of resignation of director and held as follows:1. A director of any company can tender his resignation unilaterally

and without fi ling of Form No. 32 and without sending a notice to the Registrar of Companies.

3. Prepared by Vivek Banerjee, Assistant Education Offi cer, The ICSI.

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Academic Guidance


2. Filing of Form No. 32 and the giving of intimation to the Registrar is the duty of the company secretary and not of the (resigning) director.

3. Further, a director (who intends to resign) can send in writing a letter informing either the chairman or the secretary, his intention to resign from the post of the director.

4. Thereafter the said letter has to be moved in the meeting of the directors.

5. At the meeting, the Board has to take a decision whether the Board is accepting his resignation or not.

6. An intimation should be sent to such director and after such resolution is passed, the company secretary is under obligation to comply with the legal formalities for giving a fi nishing touch to the resignation. It is for the company secretary to fi ll in the form as prescribed (prescribed form is e-form 32 which has to be fi led electronically through the MCA Portal) and give intimation to the Registrar of Companies as the law requires.

Procedure for Resignation of Directors1. The director may resign in the manner prescribed in the articles

of association of the company, if any provision is there in the articles. Although oral resignation is valid, it is preferable to tender the resignation in writing. This will save the director in case of any future dispute.

2. The letter by which a director resigns must clearly mention the date from which the resignation is to take effect, but the letter need not give reasons.

3. The letter should be addressed to the Board of Directors or the Chairman of the Board. In the latter case, it is advisable to request the Chairman to place the letter before the Board.

4. If the director has any service contract with the company (such as managing director or whole time director), the resignation must be in accordance with the terms and conditions, if any, stipulated in the contract.

5. On receipt of the resignation from a director, the company must fi le with the Registrar of Companies within 30 days from the date of receipt of the letter, or 30 days from the date specifi ed in the letter on which the resignation is to be effective, e-form 32 prescribed under the Companies (Central Government's) General Rules & Forms, 1956. [Section 303(2)]

6. After fi ling Form No. 32, a photocopy thereof with a covering letter should be sent to the resigned director for his records.

7. Intimation of the resignation should also be sent to the Stock Exchanges on which the company's securities are listed. [Clause 30 of theListing Agreement]

8. The fact of and the date on which the director ceased to be a director by virtue of the resignation, should be entered in the Register of Directors [section 303(1)]. Likewise, changes in any other registers, if necessary, should be made.

9. In the Board's report, a note on the fact of resignation of a director and appreciation by the Board of his services should be noted.

Provisions given in the Companies Bill, 2009Provisions regarding resignation of directors has been

included in clause 149 of the Companies Bill, 2009. According to the clause :(1) A director may resign from his offi ce by giving a notice in writing

to the company and the Board shall on receipt of such notice take note of the same and intimate the Registrar in such manner and in such form as may be prescribed and shall also place the fact of such resignation in the subsequent general meeting held by the company:

Provided that a director may also forward a copy of his resignation to the Registrar in the manner as may be prescribed.

(2) The resignation of a director shall take effect from the date on which the notice is received by the company or the date, if any, specifi ed by the director in the notice, whichever is later.

(3) Where as a result of any vacancy in the Board, the number of directors is reduced below the quorum fi xed for a meeting of the Board, the continuing director or director(s) shall be deemed to constitute the quorum.

(4) Where all the directors of a company resign from their offi ces, or vacate their offi ces under section 148 (presently clause 148 of Bill), the promoter or, in his absence, the Central Government shall appoint the required number of directors who shall hold offi ce till the directors are appointed by the company in general meeting.

So, the provisions of resignation of directors which were absent in the Companies Act, 1956 have been incorporated in the Companies Bill, 2009. This will remove the maze which surrounded the directors who wished to resign. When the new Act comes into force, the resigning directors as well as the concerned company will be required to follow the provisions of section 149 (presently clause 149 of the Bill).

Governance, Business Ethics and SustainabilityGovernance, Business Ethics and Sustainability(Professional Programme)Professional Programme)

Updates:Updates:

Uk Corporate Governance CodeUk Corporate Governance Code4

The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent oversight that can deliver the long-term success of the company.

It was in 1992 that “Cadbury Committee” was formed by Financial Reporting Council and London Stock Exchange to produce fi rst version of UK Corporate Governance Code to address the fi nancial aspects of Corporate Governance.

Revision and review of the Code was done on continuous basis by various committees to include in the Code latest developments and best governance practices. UK combined Code 2008, set out standards of good practice in relation to issues such as board composition and development, remuneration, accountability and audit and relations with shareholders.

Signifi cant decline in economic conditions led to revision of the Combined Code by Financial Reporting Council during 2009 by Sir David Walker. It was announced that the Code would be known as the UK Corporate Governance Code, in order to make the Code’s status as the UK’s recognised corporate governance standard known to foreign investors, and to foreign companies listed in the UK.

The new Code applies to accounting periods beginning on or after 29 June 2010 and, as a result of the new Listing Regime introduced in April 2010, applies to all companies with a Premium Listing of equity shares regardless of whether they are incorporated in the UK or elsewhere. All companies with a Premium Listing are required under the FSA Listing Rules to report in their annual report on how they have applied the Code.

The Code is a guide to a number of key components of effective board practice. It is based on the underlying principles of all good governance: accountability, transparency, probity and focus on the sustainable success of an entity over the longer term.

While considering the new UK Corporate Governance Code it is worthwhile to consider the new listing regime in UK. The new regime has segmented the listing of companies under two tiers i.e Standard and Premium. Under standard listing the companies shall comply with EU minimum standards and premium listings shall also be required to comply with super-equivalent rules. All types of security other than equity shares with full voting rights must be listed under the standard segment, within which there are fi ve categories: Shares, GDRs, Debt and debt-like securities, Securitised derivatives, and Ref:Ref: http://www.frc.org.uk/corporate/ukcgcode.cfm4. Prepared by Disha Kant, Management Trainee under the guidance of Banu

Dandona, Assistant Director, the ICSI.

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Academic Guidance


miscellaneous securities. Financial Services Authority (FSA), UK has sought to apply rules on a consistent basis between UK incorporated companies and overseas companies willing to list on UK Exchange. It requires companies with a standard listing of GDRs or shares (other than preference shares which are specialist securities) to include a corporate governance statement in the director’s report specifying the governance code that applies to them as well as details of internal fi nancial control and risk management arrangements. Shares which have full voting rights are regarded as eligible for premium listing by the FSA. It further requires overseas premium listed companies, which are new applicants, to provide in their constitutions for shareholders to have pre-emption rights on secondary share issues. The standard listing segment, which was previously only available to overseas companies, shall now be available to UK companies also. New Listing regime poses to strengthen the rules for overseas premium listed companies by requiring them to "comply or explain" against the Combined Code on corporate governance and to offer pre-emption rights to their shareholders.

Key regulatory requirements for premium and standard listings of the main types of security

Premium Listing

Standard Listing

Admission requirements –all types of listing

√ √Minimum market capitalization of £700,000 for equity (shares & DRs) and £200,000 for debt

√ √Production of a prospectus for approval by the UKLA

√ √Admission to trading on theMain Market

√ √A minimum of 25 per cent of shares must be in public hands

The ‘super-equivalent’requirements for apremium listing

√ 3 year trading record normally required

√ Clean annual report√ Clean working capital

statement√ 3 year revenue earning

record covering at least 75% of the business

The UK Corporate Governance Code is the re-fragmentation of the earlier UK combined Code on Corporate Governance with several structural changes including new provisions relating to board evaluation and annual elections. It is subject to the existing ‘comply or explain’ approach.

TaxationTaxation

Transfer Pricing–An overviewTransfer Pricing–An overview5

The multinational organizations have number of divisions or branches across the world. There can be transactions between divisions of the same enterprise. Such transactions are recognized as “transfer” as against the accounting concept of sale and purchase. The transfer of goods from one division to another division is done at “transfer price”. The multinational groups set up transfer prices in such a manner that their tax outfl ow is reduced. A look at world trade data reveals that the volume of intra-fi rm trade is more than one-third of the total international trade. Therefore the concept of transfer pricing has acquired considerable signifi cance.

Transfer Price- DefinitionThe price charged for an “associated transaction- the trade

between various divisions of the same multinational enterprise” is a Transfer price. It is the price set by related corporation for the sale or other transfer of goods, services or intangible property. Transfer pricing refers to the process of attaching value to transfer of goods, services and technology between related entities.How transfer price can affect taxes of the Multinational Enterprises

Suppose Branch1 of ABC ltd is situated in high tax country and the other Branch2 is in low tax jurisdiction. When Branch1 will transfer goods to Branch2 it will charge low transfer price, and thus reduce its tax liability by recognizing most of the profi t from production in low tax jurisdiction. The revenue of Branch1 will be low which will ultimately reduce the tax liability in high tax area. The cost of Branch2 will be low and profi t will be more. Thus the entire profi t of the company is transferred and taxed at low tax jurisdiction.

Similarly if goods are to be transferred from Branch2 to Branch1, high transfer prices should be charged to reduce the tax liability.

Transfer prices can be lower than market price to avoid the import duties charged in the process of transfer of goods among the countries. Low transfer prices will give rise to low import duties.Transfer Pricing Laws

Since the transfer prices are set up in such a manner that reduces the tax outfl ows of the multinational groups and thus eroding the tax base of the country, various countries have set up regulations regarding transfer pricing mechanisms. The Organization of economic Co-operation and Development (OECD) has also given a separate set of guidelines “Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations” for providing guidance to various countries regarding the matters of transfer pricing. To increase the likelihood of corporations paying their fair share in countries where they operate, tax authorities of many countries have adopted these guidelines.Transfer Pricing laws in India

The Finance Act 2001 introduced detailed Transfer Pricing regulations under section 92 to 92F. These regulations provide a code relating to computation of income from international transactions with regard to Arm’s Length Price.

The basic idea behind these regulations is to determine whether ‘International Transactions’ between ‘associated parties’ are conducted at ‘arm’s length price’ or not. As per section 92 of the Income Tax Act, any income arising from international transaction shall be computed with regard to arm’s length price. It can be noted that any expense or interest arising out of international transaction will also be calculated at arm’s length price. The ALP principle shall not apply only when the computation of such income has the effect of reducing the income chargeable to tax.

International Transaction: According to section 92B of the Income Tax Act, “international transaction” means a transaction between two or more “associated enterprises”, either or both of whom are non-residents, in the nature of purchase, sale or lease of tangible or intangible property, or provision of services, or lending or borrowing money, or any other transaction having a bearing on the profi ts, income, losses or assets of such enterprises.

Associated Parties: Section 92A of the Income Tax Act states that two parties are called ‘associated enterprise’ when an enterprise participates directly or indirectly in the management, control and capital of the other enterprise. Two parties are deemed to be associated enterprises if an enterprise is having 26% or more Equity holding or voting power, having loans or guarantees over a certain value, having power to appoint Board Members or Managers or when there is dependence for license, copyrights or raw materials for that matter.

Arm's Length Price (ALP): Arm’s length Price is the price that would be charged in uncontrollable market situation for transactions between the parties which are unrelated or not associated. The various methods prescribed by Indian regulations to fi nd out the arm’s length price are:

5. Prepared by Nishita Rungta, Management Trainee under the guidance of Aparna Chauhan, Assistant Education Offi cer, The ICSI.

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Academic Guidance


a) Comparable uncontrolled price method (CUP): In this method, price charged in an uncontrolled deal between comparable entities is recognized and evaluated with the controlled deal price to determine the Arm’s Length Price. The ALP under comparable uncontrolled method is basically the sale price as would exist between two unrelated corporations. If the price charged in the international transaction is lower/ higher than the ALP calculated, then suitable adjustment has to be made to the price charged in the international transaction. The method is particularly used where an independent enterprise sells the same goods as is sold by the associated enterprises.

b) Resale price method (RPM): The resale price method (also referred to as the resale minus method) begins with the sale price to an unrelated entity and subtracting an “appropriate gross profi t margin” from that price. The price so arrived at is the ALP of the transaction. The appropriate gross margin is the gross profi t margin of similar enterprises in comparable uncontrolled transactions which is determined considering factors like similar activities, employing similar assets to manufacture the product or conduct the service, and exposing the parties to similar business risks. The ALP calculated is compared with the price charged in international transaction and suitable adjustments are done. This method is used where the seller adds relatively little or no value to products acquired from Associated Enterprises.

c) Cost plus method (CPM): In this method, the total price is calculated by adding direct costs, indirect costs, operating expenses (selling, general, and organizational expenses) and the appropriate gross profi t margin. The price so determined is ALP. The price in international transaction is compared with this ALP and suitable adjustments are made. It is useful where semi-fi nished goods are sold between associates.

d) Profi t split method (PSM): The profi t split method divides the profi t from the transaction between the two parties on the basis of some reasonable factors like contribution made by both the parties to the transaction. In Profi t Split Method (PSM) the total profi ts connected to a controlled transaction is taken and not the total profi ts of the associated enterprises. The profi t to be split is usually the operating profi t i.e. profi t before deducting interest and taxes. The profi t is split among the associated parties on the basis of relative contribution which can be evaluated on the basis of assets employed, functions performed or to be performed and risk assumed by both the parties. The profi t so apportioned is taken to arrive at the ALP of the transaction i.e. this profi t is added to the cost of the transaction to determine ALP. Now this ALP is compared with the price in international transaction and then suitable adjustments are made. PSM is used when international transactions involves transfer of unique intangibles in multiple transactions that are so integrated that it becomes impossible to conduct a Transfer Price analysis on a transactional basis.

e) Transactional net margin method (TNM): In this method the net profi t margin of the assessee from a controlled deal is compared with the net profi t margins of uncontrolled deals under appropriate conditions and adjusted net profi t margin is derived. This adjusted net profi t margin is taken to arrive at ALP of the international transaction. TNM method is normally adopted in cases of transfer of semi-fi nished goods, distribution of fi nished products (where resale price method (RPM) cannot be adequately applied) and transactions involving the provision of services.

The most appropriate method considering the factors like the nature of transaction or class of transaction or class of associated persons shall be applied to determine ALP. The method of determining ALP will also depend upon the information available regarding the transaction. If more than one price is determined by the most appropriate method, the arm’s length price shall be taken to be the arithmetical mean of such prices. Also if the variation between the arm’s length price so determined and price at which the international transaction has

actually been undertaken does not exceed fi ve per cent of the latter, the price at which the international transaction has actually been undertaken shall be deemed to be the arm’s length price.

The computation of the arm’s length price in relation to the international transaction of the assessee can also be referred to the ‘Transfer pricing offi cer’ by the assessing offi cer with the approval of the Commissioner under section 92C of the Income Tax Act. The Finance Act 2009 has also authorized the board to make safe harbour rules. For this provision safe harbour means the circumstances under which the income tax authorities shall accept the transfer price as declared by the assessee.ILLUSTRATIONS ON CALCULATING ALP:1. ABC Plastics Ltd, an Indian Company is a 100% subsidiary of

Japanese Company. The parent company sells its product to the subsidiary company at Yen 500 per unit.

Calculate ALP when:(a) The same product is sold to unrelated parties at Yen 350

per unit.Solution: The Comparable Uncontrolled Price method will be

applicable. Here the Indian Company is purchasing the goods, which is expenditure. The ALP principle will be applicable. Therefore ALP will be Yen 350 per unit.

(b) The same product is sold at Yen 650 to the unrelated parties.

Solution: Here if we apply ALP principle, it will have the effect of reducing the income chargeable to tax as the expenditure shown by Indian Company will increase from 500 to 650 Yen. So, the ALP in this case will be Yen 500 only.

2. XYZ Chemicals Ltd is an Indian Company which is 100% subsidiary of French Company. XYZ sells its products to the Parent company at 1000 per unit. Calculate ALP when the same product is sold to unrelated parties in France at 1500 per unit.

Solution: In this case the income of Indian company shall be determined with reference to the ALP. The ALP will be

1500 per unit.

ATTENTION STUDENTS !Applicability of the latest Finance Act and other changes for Company Secretaries December, 2010 Examination.

DIRECT TAXESAll students may note that for the December 2010 Examination

Session in respect of Direct Taxes the applicable Assessment Year shall be 2010-11 (Previous Year 2009-10). Thus, they will have to study Finance Act, 2009 for December 2010 Examination. Further as per the Syllabus (of Executive Programme and Final or Professional Programme) students are required to update themselves about all the Circulars, Clarifi cations, Notifi cations,etc., issued by the CBDT & Central Government, which come into effect on or before six months prior to the date of the respective examinations.

Gift Tax Act has been excluded from the scope of the examination from June 1999 session onwards unless otherwise informed.

INDIRECT TAXESStudents appearing in the ‘Tax Laws’ (Indirect Tax Portion

to the extent of topics covered in the syllabus, of ‘Executive Programme’) and Direct and Indirect Taxation—Law and Practice (Final Course) or Advanced Tax Law and Practice (Professional Programme) respectively may take note of the following changes applicable for December 2010 Examination.

1 All changes made by the Finance Act, 2010.2. All Circulars, Clarifi cations/Notifi cations issued by

CBE&C/Central Government which became effective six months prior to the date of examination.

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LEGAL WORLDLEGAL WORLD

CORPORATE LAWSCORPORATE LAWSLW(S) 38.08.2010

SANJAY SURI v. STATE [2010] 157 COMP CAS 10 (DEL)V.K.Jain, J [Decided on 29-1-2010]Sections 209(6) and 217(1) of the Companies Act, 1956 read

with sections 468, 469(1) (b) and 482 of the Cr.P.C–Failure by company to give proper disclosure in balance sheet regarding collateral security and activities relating to export–Prosecution initiated by ROC–Trial Court took cognizance of the offence–summons issued against the directors–Whether criminal proceedings can be quashed–Held, No.

Brief facts:Brief facts: Based on the inspection carried out in the petitioner company for the period July 11, 2001 to September 30, 2004, the Registrar of Companies fi led criminal complaints on May 24, 2006, against the petitioner-company and petitioners No. 2 and 3 (its directors) on the grounds (i) that it had failed to attach with its own balance-sheet, the balance-sheet of the company in which it had acquired more than 90 per cent shareholding in contravention of section 212(1) of the Act ; (ii) that the company had not made proper disclosure in the balance-sheet regarding the collateral security attaching its bank account in accordance with the order of the court and the contingent liability; and (iii) that the board of directors of the company had failed to give information relating to "activities relating to exports, initiative taken to increase exports, development of new export market for products and service and export plans". The Registrar of Companies stated that the contravention came to his knowledge when the inspection report of the Deputy Registrar was received in his offi ce, i.e., on May 24, 2006. The petitioners sought the quashing of the criminal complaints on the grounds that (i) the complaint was barred by limitation, (ii) that the Registrar of Companies could not be said to be "person aggrieved by the offence" within the meaning of section 469(1)(b) of the Code of Criminal Procedure, 1973, (iii) that the offence could be said to have come to the knowledge of the Registrar on the date of fi ling the balance-sheet without scrutinising it, and (iv) that since the company had a managing director, other directors of the company were not liable to be prosecuted for the violations .

Decision: Decision: Petition dismissed.Reason: Reason: Section 469 of the Code of Criminal Procedure, 1973,

provides that where the commission of the offence was not known to the "person aggrieved by the offence" or to any police offi cer, the period of limitation in relation to an offence shall commence from the fi rst day on which such offence comes to the knowledge of the aggrieved person or to any police offi cer, which ever is earlier. The Registrar of Companies would be a "person aggrieved of an offence" under the Companies Act, 1956, as he has been assigned a statutory duty to ensure compliance with the provisions of the Act and also in view of the provisions contained in section 621(1) of the Act, whereunder he is one of the persons on whose complaint the court can take cognizance of such an offence.

Since the complaints were fi led within one year from the date the inspection report had been received in the offi ce of the Registrar of Companies and also of completion of inspection by the offi cer, the complaints were not barred by limitation. Without a detailed examination of the account books of the company the Registrar or his offi cial could not have known that there was an order of this court attaching its bank account and that the company had given collateral security pursuant to that order. Therefore, it could not be said that the offence committed could have come to the knowledge of the Registrar merely from scrutiny of the balance-sheet of the company.

That in exercise of its jurisdiction under section 482 of the Code, the court could not go into the question as to whether the petitioners were

actually responsible for compliance with the provisions of sections 212(1) and 211(7) of the 1956 Act or not. All the allegations made in the complaint had to be taken as correct on their face value and, hence, it had to be presumed that the petitioners were the persons responsible to ensure compliance of the relevant provisions of the Act and were the offi cers in default at the relevant point of time.

That in the absence of any provision in the 1956 Act, making the company liable for the offence alleged to have been committed, the prosecution and consequent summoning of the company in respect of the offences was not sustainable. Hence, the petition against the company was to be quashed and the prosecution against the petitioners maintained.

LW(S) 39.08.2010INCABLE NET (ANDHRA) LTD. v. AP AKSH BROADBAND LTD

[2010] 157 COMP CAS 30 (SC)]Altamas Kabir & Cyriac Joseph JJ [Decided on 7-5-2010]Companies Act, 1956–Sections 397, 398, 402and 403–The JV

company awarded the EPC contract to its major shareholder who failed to execute the project–Allegations that majority shareholder mismanaged operations of company under contract awarded to it by company–CLB and High court dismissed the petitions–Petitioner appealed to Supreme Court–Whether allegations constitute oppression and mismanagement–Held, No.

Brief facts: Brief facts: With the intention of providing broadband network connectivity to all Government offi ces across the State of Andhra Pradesh, the State Government with the help of Andhra Pradesh Technology Services identifi ed a consortium of companies, led by the fi fth respondent to form a joint venture company, the fi rst respondent, which was contemplated as a special purpose vehicle to undertake and complete the project. The fi rst petitioner was one of the companies forming the consortium. The fi fth respondent had majority control over the affairs of the fi rst respondent company. The fi rst respondent awarded a turnkey contract to the fi fth respondent, the engineering, procurement and construction (EPC) contract, for completion of the infrastructural facilities within a period of 65 weeks at a fi xed cost of Rs. 370 crores up to the stage of commission and implementation of the project. In a petition fi led under sections 397 and 398 of the Companies Act, 1956, the petitioners contended that despite the fact that over a crore of rupees had been contributed by the fi rst respondent to the fi fth respondent towards the execution of the EPC contract, it had not achieved connectivity in any of the 23 districts of the State, that the fi fth respondent had used its sister concern, prior to its merger, to dump useless and defective cables and to store them as part of the stores of the fi fth respondent and had siphoned out monies from the fi rst respondent, purportedly for execution of the EPC contract, but without any tangible benefi t to it, and that taking advantage of their stranglehold over the company and its offi cers, the respondents had by a series of acts mismanaged the affairs of the fi rst respondent-company and rendered the petitioners completely ineffective in spite of their investment, thereby attracting the provisions of sections 402 and 403 of the Act. The Company Law Board dismissed the petition whereupon the petitioner fi led an appeal before the High Court. The High Court dismissed the appeal as being misconceived upon the fi nding that the Company Law Board had considered all the materials, applied the law and recorded its fi ndings correctly and no question of law arose from the said order. The petitioners appealed to the Supreme Court contending that the fi fth respondent was the principal shareholder of the fi rst respondent company, holding and controlling more than 64 per cent of the equity of the fi rst respondent and, on the other hand, it was the EPC contractor responsible for delivering goods and services in accordance with the agreement executed between itself and the fi rst respondent-company and that in this context that it was necessary for the Company Law Board and the High Court to have inquired into the conduct of the fi fth respondent in the matter of execution of the turnkey project and that such omission

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had resulted in grave miscarriage of justice to the petitioner and that unless appropriate orders were passed on the petitioners' application under sections 397, 398, 402 and 403 of the Companies Act, 1956, the petitioner-company would completely lose its investment in the fi rst respondent-company and would also face continuous litigation and harassment at the hands of the respondents.

Decision: Decision: Petition dismissed.Reason: Reason: The allegation on the basis of which the reliefs had been

prayed for basically was that the EPC contractor, the fi fth respondent, which was also the majority shareholder in the fi rst respondent company, had mismanaged the funds and operations of the company and the work on the project was delayed on account of the various acts of omission and commission on its part. The EPC contract given to the fi fth respondent by the fi rst respondent was a commercial contract and stood outside the ambit of sections 397 and 398 of the Companies Act, 1956. Failure to act in terms of the contract could not be said to have amounted to either oppression or mismanagement by the fi rst respondent. At best it could be said that the fi rst respondent had been used as a tool or mechanism by the fi fth respondent to acquire benefi ts for itself, which in the instant case, did not appear to be so, having regard to the fact that one of the petitioners in the company petition was himself responsible for such payments being made. There was no hard and fast rule that in all cases the court or the Company Law Board is bound to allow oral evidence. The siphoning off of funds by the fi fth respondent-company from the fi rst respondent-company had not been properly established. On the other hand, the materials on record indicated that the second petitioner, who was a director of the fi rst petitioner-company, which was also a shareholder in the fi rst respondent-company, had functioned as a vice president of the fi rst respondent-company and had also chaired eight of its meetings including the meeting at which the decision was taken to award the EPC contract to the fi fth respondent-company. Further more, he had signed most of the cheques by which payments were made to the fi fth respondent-company for supply of materials under the EPC contract. It did not lie in the mouth of the petitioner now to contend that the funds of the fi rst respondent-company had been siphoned off by the fi fth respondent. The only conclusion that could be arrived at was that the fi fth respondent had committed a breach of contract in regard to supply of materials to the fi rst respondent-company in terms of the EPC contract. Such lapse would not constitute the ingredients of a complaint under sections 397, 398, 402 and 403 of the Companies Act, 1956. Until the conduct of the majority shareholders was found to be oppressive, under sections 397 and 398 of the Companies Act, 1956, the Company Law Board was not competent to invoke its jurisdiction under section 402 of the said Act to set right, or put an end to such oppression. The orders of the High Court or the Company Law Board did not call for interference, since no act of oppression or mismanagement within the meaning of sections 397, 398, 402 and 403 of the Companies Act, 1956, had been made out by the petitioners against the majority shareholders of the fi rst respondent-company which would justify the making of a winding up order on the ground that it would be just and equitable to do so and to pass appropriate orders to bring to an end the matters complained of.

LW(S) 40.08.2010DEEPAK LOHIA v. KAMRUP DEVELOPERS P. LTD [2010] 157

COMP CAS 82 (GAU)B.P. Katakey, J [Decided on 3-5-2010]Companies Act, 1956–Sections 402 and 634A–Enforcement

of order passed by CLB–Whether can be enforced as decree passed by civil court–Held, Yes.

Brief facts: Brief facts: In a petition fi led by the appellant under sections 397 and 398 of the Companies Act, 1956, the Company Law Board, in view of lack of confi dence between the parties directed the appellant to exit the company and to return the amount advanced by the appellant and his group to the company with interest at 20 % per

annum on or before August 8, 2002. In its order the Company Law Board had held that the parties were at liberty to approach it in case of any diffi culty in implementing the order. The appeal fi led by the respondents was dismissed. In an application before the Company Law Board, the appellant sought for an injunction restraining the fi rst respondent company from selling, dealing, etc., with its immovable property as the respondents had paid only Rs. 50,00,000 and had to pay Rs. 81,00,000 and a sum of Rs. 2,32,40,000 as interest. The respondents contested the claim of the appellants. The Company Law Board held that since the order of payment of interest was based purely on equitable grounds, such direction could not be treated as a decree and the amount paid by the fi rst respondent company could not be adjusted fi rst against interest due and payable and the remaining against the principal. Another application was fi led by the fi rst respondent company seeking a recording that all amount due and payable as ordered in the company petition had been paid. The respondents had contended that the principal amount had been paid in full and made a prayer for waiver from payment of interest. The Company Law Board restricted the payment of interest at 20% per annum to a specifi c date instead of waiver of interest as prayed for by the respondents. Appellants approached the High court under an appeal.

Decision: Decision: Partly allowed.Reason: Reason: The Company Law Board's order that the amount paid to

the appellant group by the respondents, in terms of its orders, should not to be adjusted towards interest fi rst, on the ground that the order passed in exercise of its jurisdiction under section 402 of the Act was not a money decree which was to be set aside.

The Company Law Board had granted liberty to the parties to approach it in case of any diffi culty in execution of the order. The Company Law Board had reserved its jurisdiction to pass further orders. The appellant had taken advantage of such liberty granted by seeking directions against the respondent. The contention of the appellants that the order of the Company Law Board had merged with the order of the High Court in appeal and the Board could not pass the order restricting the period for which interest was payable was not acceptable as the High Court had not interfered with the order passed by the Board. The High Court had affi rmed the directions contained in the orders of the Company Law Board and the Board could entertain the application pursuant to the liberty granted by it to the parties. This grant of liberty had not been challenged by the appellant. Therefore, the direction for payment of principal with interest was subject to further orders that may be passed by the Board. The directions of the Board restricting the payment of interest to a specifi c date were to be upheld.

The direction for payment of principal and interest, subject to the subsequent modifi cations that were made pursuant to the liberty granted was executable by the Board or by any other court under section 634A of the Act. The amount paid by the respondents pursuant to the order of the Board was to be fi rst appropriated against the interest payable up to the date as specifi ed by the Board in its subsequent order and the remaining was to be appropriated towards the principal.

LW(S) 41.08.2010OMAN INTERNATIONAL BANK S. A. O. G. v. AAIFR [2010] 157

COMP CAS 149(DEL)Sanjay Kishan Kaul & Valmiki J. Mehta JJ [Decided on 5-5-

2010]Sick Industrial Companies (Special Provisions) Act, 1985–

Sections 18, 19 and 22–Scheme for rehabilitation–Financial concession by secured creditors–Objection by minority creditor to scheme–Whether minority creditors can frustrate revival and rehabilitation of sick industrial company–Held, No.

Brief facts: Brief facts: The petitioner advanced credit facilities for working capital to respondent No. 2 against hypothecation of its stocks/

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receivables. As respondent No. 2 defaulted in making payment of the dues of the petitioner, in spite of a one-time settlement agreement, the petitioner issued winding up notices to it. However, before recovery proceedings could be initiated respondent No. 2 was declared as a sick industrial company. In a meeting of the secured creditors, a majority of the secured creditors approved the draft rehabilitation scheme proposed by the operating agency appointed by the Board for Industrial and Financial Reconstruction. The petitioner was not in favour of any settlement with the company and sought permission to proceed against the company after obtaining permission in terms of section 22(1) of the 1985 Act. The Board for Industrial and Financial Reconstruction overruled the objection of the petitioner and sanctioned the scheme. The petitioner fi led an appeal before the Appellate Authority for Industrial and Financial Reconstruction contending that under section 19(4) of the 1985 Act, the BIFR was not empowered to sanction the scheme when no consent was given by the petitioner. The Appellate Authority dismissed the appeal. In a writ petition, the petitioner contended that in terms of section 19(1) and (4), once consent was refused even by one of the secured creditors, the BIFR could only adopt any other measures under section 18 except the measure of forcing a secured creditor to bring about a reduction in his claims against the sick company.

Decision: Decision: Petition dismissed.Reason: Reason: The expression "one or more" in section 18 of the Sick

Industrial Companies (Special Provisions) Act, 1985, includes "all", i.e., all measures including fi nancial concessions. This expression "one or more" indicates that more than one eventuality can be adopted and acted upon by the Board for Industrial and Financial Reconstruction (BIFR) to rehabilitate and revive a sick industrial company and not only one eventuality of resorting to other sub-sections of section 18 except its sub-section (1)(e). Section 19(4) will have to be harmoniously construed with the expression "one or more" as found in section 18 so as to further the object of the Act. The expression "the Board may adopt such other measures" as found in section 19(4) cannot be restricted to only measures other than those prescribed under section 18(1)(a) and (e) of the Act. Section 18(3)(b) categorically states that the BIFR would make modifi cation to a scheme of revival and rehabilitation of a company in case of any objection from a creditor. Therefore, a conjoint reading of sections 18(3)(b), 19(1) and (4) shows that the other measures which are talked of in section 19(4) would be the modifi cation of a scheme in the light of the objections of a secured creditor. It cannot mean that the objections can prevent the drawing up and implementation of a sanctioned scheme by an obdurate minority secured creditor.

A minority creditor or any minority group could not frustrate the majority by objecting to the sanction of a rehabilitation and revival scheme of a sick industrial company so as to cause frustration in the object of revival of a sick company. When a minority secured creditor opposed a draft scheme, the BIFR could resort to various options under the 1985 Act including those mentioned in section 18 and was not limited to superseding a scheme of revival merely because of the objection of one minority secured creditor.

TAX LAWSTAX LAWSLW(S) 42.08.2010

SELVEL MEDIA SERVICES P. LTD. v. MUNICIPAL CORPORATION OF CITY OF AHMEDABAD [2010] 3 GSTR 134 (GUJ)]

D.A. Mehta & H.N. Devani, JJ [Decided on 19-3-2010]Section 65(105)(zzzm) of the Finance Act, 1994 read

with Sections 244, 245 and 386 of the Bombay Provincial Municipal Corporation Act, 1949–Service tax–Sale of space for advertisement–Municipal Corporation granting permission to advertising agent for putting up advertising boards on private properties and collecting fees therefore–Whether taxable service–Held, No.

Brief facts: Brief facts: The Ahmedabad Municipal Corporation was required to grant written permission for erecting, fi xing, exhibiting or retaining any sky-sign or advertisement of the kind prescribed by the Rules upon any land, building, wall, hoarding or structure, as a part of the statutory duties and functions imposed by virtue of the provisions of the Bombay Provincial Municipal Corporation Act, 1949. The petitioner carrying on business as an advertising agent was called upon by the Corporation to pay service tax on the fees charged by the Corporation as licence fees for 2006-07 under section 386 of the Act, for granting such written permission for the advertising boards put up on private properties. The petitioner had deposited various amounts from time to time towards such demand "under protest". The petitioner fi led a writ petition and challenged the action of the Corporation with a prayer to refund the amount so paid with interest.

Decision: Decision: Petition allowed.Reason: Reason: The fees which were charged and collected by the

Corporation for granting written permission under sections 244 and 245 of the Bombay Provincial Municipal Corporation Act, were fees for the written permission and not for a licence. A plain reading of sections 244 and 245 of the Act, made it clear that the provisions were for the purposes of regulating and controlling the erection, etc., of sky-signs and/or billboards, hoardings, etc., to ensure that the structure so erected did not pose as a public hazard either by virtue of projection/abutment on a public road/street, or by way of obstructing vision, or any such similar hazard to the public at large. Hence, granting of written permission, after ensuring that the structure so erected complied with the relevant bye-laws and/or the building regulations in force from time to time, was a part and parcel of the functions of a Municipal Corporation in the form of a duty to the public to ensure a better municipal government of the city and could not be termed to be a service rendered to the petitioner so as to be covered by the defi nition of "taxable service" envisaged by section 65(105)(zzzm) of the Finance Act, 1994. The property on which the structure was erected in the form of billboard or hoarding was admittedly owned by a private person, as distinguished from the Corporation, a public body, and the act of granting written permission could not be treated to be a sale of space for advertisement, i.e., providing space for display. It was only granting written permission after ensuring compliance with the requisite regulatory requirements for a fee. Therefore the act of the Corporation in granting written permission for a fee could not be termed to be a service provided by the Corporation to make the act a taxable service for the purposes of the 1994 Act.

LW(S) 43.08.2010KAMAL TRADERS v. COLLECTOR OF CUSTOMS [2010] 3

GSTR 237 (BOM)]V.C.Daga & K.K. Tated, JJ [Decided on 23-2-2010]Customs Act, 1962–Customs duty–Import–Defi nition of capital

goods–Import of compressors against licence–Compressors used as input in manufacture of air conditioners–Whether compressors purchased by importer are capital goods for actual users–Held, No.

Brief facts: Brief facts: The petitioner imported compressors meant for air conditioners under import licences as capital goods. Subsequently, it sold the goods on high seas to one F, who was an eligible actual user for manufacture of air conditioners against import licence. In a show-cause notice, the Assistant Collector, stated that the compressors were not capital goods since they were used as inputs by the importer for manufacturing air conditioners and they were not covered under the licence and therefore, the import of compressors was unauthorised in the absence of a valid licence. In reply, the petitioner stated that the compressors were capital goods and it was entitled to import the compressors against the licence held by it. The adjudicating authority held that the petitioner and F had intentionally imported and attempted to clear the compressors as capital goods and therefore,

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they were liable to penalty under section 112(a) of the Customs Act, 1962. Assessee approached the High Court.

Decision:Decision: Petition dismissed.Reason: Reason: The compressors were not used in the plant for

manufacturing goods or rendering services but as input in the manufacture of air conditioners. Therefore, the compressors were not capital goods and import of compressors was not legal and valid. The adjudication order addressed to both the petitioner and F was a joint and indivisible order based on inseparable and individual fi ndings and there was no material on record to show that the penalty imposed on F was set aside by the competent authority. Based on the presumption that the order of F was fi nal and conclusive, there could not be two inconsistent orders in one lis and the petition was to be dismissed.

LABOUR & INDUSTRIAL LAWSLABOUR & INDUSTRIAL LAWSLW(S) 44.08.2010

DHIR SINGH BELDAR v.THE PRESIDING OFFICER, LABOUR COURT, GURDASPUR, & ORS

IN RE: C.W.P. No. 14095 of 2009 (P&H)Augustine George Masih, J.[Decided on 26.04.2010]Workman–Unauthorised absence from duty–Dismissal from

services on the ground of abandonment of job–Whether correct–Held, Yes.

Brief facts:Brief facts: The appellant workman had started his work as a Beldar on work charged basis with the Ranjit Sagar Dam Project on 14.01.1987. He worked as such till 23.09.1993 when he fell sick and was diagnosed as patient of Pulmonary Tuberculosis. He started taking treatment from a competent doctor and was advised complete bed rest. The Workman informed the respondent Authorities regarding his illness and prayed for grant of leave for the said purpose. However, the services of the Workman were terminated, vide Order dated 30.12.1993 on the ground that the Workman had remained absent from duty with effect from 24.09.1993 and as such had abandoned his job. Through this writ petition, the petitioner/Workman has challenged the Award dated 03.06.2009 passed by the Labour Court, Gurdaspur, vide which the reference had been answered against the Workman, by holding that the order of termination of services was due to abandonment of job by the Workman himself, is justifi ed and in order, thus, the Workman is not entitled to any benefi t.

Decision:Decision: Petition dismissed.Reason:Reason: In the present case, the Management had led

overwhelming evidence to prove that the termination of services of the Workman was in accordance with the Certifi ed Standing Orders of the RSDC and, thus, stands fully justifi ed on the basis of the evidence. Even, if no departmental proceeding or chargesheet was served upon the Workman for his remaining absent from duty unauthorisedly, the Management had been able to prove that despite having been called upon to join duty through registered notices, the Workman had failed to resume duties or respond thereto. The order of termination of the Workman is dated 30.12.1993. Before the said termination, two registered notices dated 21.10.1993 and 06.11.1993 were sent to the Workman at his home address mentioned in his service book. The Workman submitted his fi rst representation, which is dated 11.03.1998, which is after a period of more than four years and six months.

This would in itself amount to abandonment of job by the Workman as despite directing him to resume duties, the Workman failed to respond or to give any justifi cation for his remaining unauthorisedly absent or not to reporting for duty till 11.03.1998. The abandonment of job on this ground also stood proved against the Workman and the order of termination passed by the Management stood justifi ed before the Labour Court on the basis of the pleadings and evidence led by the parties.

LW(S) 45.08.2010THE TRIBUNE TRUST v. THE PRESIDING OFFICER,

INDUSTRIAL TRIBUNAL-CUM-LABOUR COURT, CHANDIGARH & ANR

IN RE: CIVIL REVISION NO. 3815 OF 2009 (O&M) [P&H)Rajesh Bindal, J. [Decided on 10.05. 2010Section 18(1) of the Industrial Disputes Act, 1947 read with

sections 141 and 151 of the CPC–Industrial adjudication–Reference of dispute to Tribunal–During pendency of reference settlement arrived at–Management, through an application, sought an order of no dispute to which the Union opposed–Application of the management was rejected by the Tribunal–Whether the Tribunal was correct in dismissing the application–Held, Yes.

Brief facts:Brief facts: The Tribune Trust (hereinafter referred to as `the management') is before this court challenging the order dated 26.5.2009, passed by Industrial Tribunal and Labour Court, Chandigarh (for short, `the Tribunal') in Reference No. 46/2008, whereby the application fi led by the management under Section 141 CPC, read with Section 151 CPC, read with Order 14 Rule 2 CPC for framing of preliminary issue regarding maintainability of the reference, was dismissed. Briefl y, the pleaded facts are that the management is a Trust, which inter-alia is engaged in the business of publication, printing, distribution and sale of newspapers with its headquarters at Chandigarh. Respondent No. 2 is the registered trade Union (hereinafter referred to as `the Union') of the employees working with the petitioner. The dispute arose with the issuance of demand notice dated 22.11.2007 by the Union. On receipt of the demand notice, the management also issued a charter of demands on 8.12.2007. On failure during conciliation proceedings, the charter of demands raised by the Union was referred for adjudication to the Tribunal vide order dated 9.5.2008. After the dispute raised by the Union was referred for adjudication, the parties to the dispute, i.e., the management and the Union settled the same on 2.7.2008 under Section 18(1) of the Industrial Disputes Act, 1947 (for short, `the Act'). It was considering the charter of demands raised by both the parties. A joint application was fi led by both the parties to the Assistant Labour Commissioner for registration of the settlement, which was duly registered on 4.7.2008. Still the charter of demands of the management was referred to the Tribunal for adjudication vide order dated 22.8.2008. The settlement between the parties having been acted upon, the management moved application dated 2.2.2009 before the Tribunal seeking for passing of a no dispute award in its case in terms of the settlement. The Union having not acceded to the request of the management for getting their reference also disposed of as settled, application under Section 141 CPC, read with Section 151 CPC and Order 14 Rule 2 CPC, was fi led by the management, to which the Union fi led reply disputing the maintainability thereof on legal as well as factual grounds. The application having been rejected, the management is before this Court.

Decision: Decision: Petition dismissed.Reason:Reason: What can be summed up is that the Tribunal cannot be

termed as a civil court and further provisions of CPC do not strictly apply to industrial adjudication. It has been consistently opined by the Supreme Court in its judgments that Labour Tribunals should decide all the issues together. The attempt of the management to get preliminary issues framed and then litigate thereon further was deprecated as the same led to miseries of the workmen and jeopardised industrial peace. The High Courts were also restrained from interfering in the cases where the management sought to litigate on preliminary issues. It was further opined that in the light of haves and have nots, Article 226 and 136 of the Constitution of India should not be permitted to be used to break the resistance of the workman by delaying adjudication on merits.

The issue under consideration in the present petition is the validity of the order dated 26.5.2009, passed by the Tribunal rejecting the application fi led by the management under Section 141 read

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with Section 151 and Order 14 Rule 2 CPC praying that the issue regarding maintainability of the reference be framed and be treated as a preliminary issue. In view of the enunciation of law, as referred to above, and also the fair stand of learned counsel for the management that the Tribunals are not civil courts and the provisions of CPC do not stricto sensu apply, his submission was that even in the application fi led by the management, it was mentioned that the principles of CPC should be applied where application of such principle is in early disposal of the case. Even if the contention raised by learned counsel for the management that only the principles of CPC should be applied is considered, still, in my opinion, no illegality has been committed by the learned Tribunal in rejecting the application fi led by the management as after the amendment of CPC in the year 1976, the consistent view of the Supreme Court is that all the issues in a case should be tried by the court together except in the cases where the court fi nds that it has no jurisdiction or where the suit is barred by any law for the time being in force. In National Council for Cement and Building Materials v. State of Haryana & Ors (1996)3 SCC 206, Hon'ble the Supreme Court deprecated the managements for raising preliminary issues in labour disputes and then continuing to keep the proceedings pending even at preliminary stage without letting it attain fi nality. If the facts of the present case are considered, it is evident from the record that the management had been able to delay the process of adjudication on merits by raising the preliminary issue for more than one year, otherwise during this period entire controversy in the dispute could be settled. Now coming to the question as to whether the Tribunal had no jurisdiction to go into the questions referred to above, in my opinion, the answer would be in negative. The industrial dispute raised by the Union was referred for adjudication.

The case set up by the management is that after the reference of the dispute, when the management raised a demand notice, all the issues between the parties were sorted out and settled. The subsequent action by the management as well as the Union fortifi ed that settlement, whereas the stand of the union is that it was specifi cally mentioned in the demand notice as to who are the persons authorised to enter into any settlement and sign the same. A perusal of the settlement and the application fi led for its registration before the Assistant Labour Commissioner shows that the same was not signed by all the authorised persons jointly, but was signed only by three persons. It has been opined by the Supreme Court in Brooke Bond India Ltd v. The workmen, AIR 1981 SC 1960, that entering into settlement and signing the same are two different aspects. Even if in terms of Rule 58 of the Rules, it is considered that it is only the President and Secretary, who [Civil Revision No. 3815 of 2009 (2)] could sign the settlement, but as far as question regarding entering into settlement is concerned, that issue still remains alive and is required to be considered in the light of the facts mentioned in the demand notice issued by the Union, where the persons named were authorised to enter into settlement. This is an issue on which certain evidence is required to be led. On the face of it, it cannot be said that only because there is a settlement signed by the President and Secretary of the Union, reference on the demand notice of the Union does not survive. Even for consideration of the principles of estoppel sought to be invoked by the management, certain amount of evidence is required to be led as it is a mixed question of fact and law where a person claiming it has to establish as a fact by leading evidence as to in what manner he had changed his position and how is he prejudiced. The same is not an abstract proposition of law. Nothing has been pointed out by the management that reference can be said to be barred under any provision of law.

To be fair to the management, the issues raised by it in the arguments justifying that it has a good case on merits and the application fi led by it deserved to be allowed, the same merely deserves to be noticed and rejected. Merits of the controversy have not been gone into by the Tribunal in the impugned order and this court would not like to express any opinion thereon at the fi rst instance. The issues, as are sought to be raised by the management, can very well be considered by the Tribunal and there is no good reason to by-pass that forum.

ATTENTION STUDENTSATTENTION STUDENTSCS EXECUTIVE EXAMINATIONS AND COMPULSORYCS EXECUTIVE EXAMINATIONS AND COMPULSORY

COMPUTER TRAINING PROGRAM REG:COMPUTER TRAINING PROGRAM REG:

The Institute frequently receives communications from the students seeking guidance on various matters, particularly as to how to qualify the requirements of compulsory computer training program.

In terms of Company Secretaries Regulations, 1982 (as amended) all students are required to successfully undergo a compulsory Computer Training Program for becoming eligible to seek enrolment to appear in CS Executive Program examinations.

The Institute, in compliance of the above said requirements, has tied up with M/s APTECH Limited on providing Computer Training to the students of the Institute at subsidized rates; through which 70 hours of computer training shall be provided to the students/ members of the Institute in all Centers of APTECH all over the country. To undergo this course, a student/member has to approach any APTECH center recognized for ICSI-APTECH Course on all India bases. To take admission, the student/member has to deposit the requisite fees and fulfi ll the formalities as per the requirements of M/s APTECH.

The list of APTECH Centers including detailed course The list of APTECH Centers including detailed course contents, module details and topic-wise time duration etc. can contents, module details and topic-wise time duration etc. can be had through the options Students ICSI Aptech Course on the be had through the options Students ICSI Aptech Course on the Institute's website i.e. www.icsi.eduInstitute's website i.e. www.icsi.edu

Salient features of the course in brief:

Title of the Course : ‘Understanding Information Technology in Corporate Environment’

Duration of the Course : 70 Hours

Fee : Rs.3000/- per participant for General Category & Rs.2500/- Per participant for SC/ST Category. [All payment will be On-line or by Credit/Debit Card or by Demand Draft (Nationalized bank and large private banks only].

Service Tax and bank charges as per the GOI rules as Applicable from time to time shall be payable by The The student. Present rate of Service student. Present rate of Service Tax @10.3%.Tax @10.3%.

A student can be exempted from undergoing the course on the basis of his existing qualifi cation/degree in the computer fi eld subject to tha conditions that he/she enrolls him/herself for an online exemption test (to be conducted by APTECH) at any of the recognized Aptech Center for ICSI-Aptech Course on all India bases and successfully clears the test. TWO attempts will be allowed for the student to clear the online exemption test within a period of 30 (thirty) days against the fees of Rs.450/-. Service Tax and bank charges as per the GOI rules as applicable from time to time shall be payable by the student. Present rate of Service Tax @ 10.3 %. Student has to appear for the online exemption test from the respective Aptech Testing Center, which will be allocated to him/her. All payments will be made online or credit/debit card or by demand draft.

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STUDENT SERVICESSTUDENT SERVICES

REGISTRATION AND POSTAL TUITIONREGISTRATION AND POSTAL TUITION1. Cancellation of Registration

Registration of students registered upto and including SEPTEMBER, 2005 stands terminated on expiry of fi ve-year period on 31ST August 2010 leading to the following immediate consequences :a. Supply of ‘Student Company Secretary’ bulletin will be

discontinued from September, 2010 onwards.b. Response sheets will not be accepted even if submitted and

coaching completion certifi cates will not be issued (after the expiry of registration period)

They are advised to apply for registration de-novo/ extension of registration as per the guidelines published in this bulletin.

(Students whose registration is valid upto August, 2010 are, however, eligible to appear in December, 2010 examination without seeking extension of registration/ registration de-novo subject to fulfi lling other requirements laid down in the registrations.)2. Change of Address

Change of address, if any, should be intimated to the Institute by sending a separate letter in this regard. While intimating the change in their mailing address, the students are advised to invariably quote the PIN CODE number alongwith the student registration number, name and full postal address with city, state in capital letters.

PIN CODE is required to be mentioned for quick delivery of the mail. Students may therefore, check up the computerised mailing address as printed on the ‘Student Company Secretary’ bulletin. In case, it does not carry or carry the wrong PIN CODE number, the same may be intimated immediately quoting student registration number and full postal address with Postal Index Number so that it could be incorporated in the computerised mailing list.

3. E-Mail Address of the StudentsThose students who are having e-mail address may communicate

the same to the Student Services Section at [email protected], which will facilitate quick and economic communication from the Institute’s side. The e-mail address may be sent in the following format.

Name :Name :Registration No. :Registration No. :E-Mail Address :E-Mail Address :

4. Students Identity CardAll the students appearing in the examination must hold Identity

Card in the manner prescribed by the Institute, if not already obtained at the time of seeking registration. For obtaining the Identity Card, students are advised to obtain a proforma from the Headquarters/Regional Offi ces of the Institute and send it again to the Institute duly fi lled up and attested as per instructions given in the prospectus/registration letter.

Students who have so far not obtained Identity Cards are advised to write to the Institute immediately. The students should carry their Identity Cards without fail for appearing in the Institute’s examination. If the Identity Card already issued has been lost or mutilated, student should send a request for obtaining duplicate Identity Card together with the mutilated Identity Card/Identity Card proforma duly fi lled in and attested together with Rs. 50/- towards duplicate Identity Card fee.5. Compulsory Enrolment for Professional Programme

Students who have passed/completed both groups/ modules of Intermediate/ Executive examination are advised to seek compulsory enrolment for undergoing coaching for the Professional Programme on payment of Rs. 7500/- towards postal tuition fee as per criteria given below:

i) Students registered for the Professional Programme between 01st JUNE 2010 to 31st AUGUST 2010 are eligible to appear in all the modules of the Professional Programme Examination to be held in JUNE 2011 and those registered between 01st DECEMBER 2010 to 28th FEBRUARY 2011are eligible to appear in all the modules of the Professional Programme Examination to be held in DECEMBER 2011 subject to satisfactory completion of compulsory coaching.

ii) However, students registered for the Professional Programme between 01st MARCH 2011 to 31st MAY 2011 are eligible to appear in any two module (s) of the Professional Programme Examination to be held in DECEMBER 2011 and those registered between 01st SEPTEMBER 2010 to 30th NOVEMBER 2010 are eligible to appear in any two module (s) of the Professional Programme Examination to be held in JUNE 2011 subject to satisfactory completion of compulsory coaching.

6. Uniformity in SignaturesIt has been observed that some of the enrollment applications /

letters received from the students are either unsigned or bear different signatures from time to time.

All the students are, therefore, advised to maintain uniformity in their signatures on all the correspondence with the Institute including students identity card, enrollment application and attendance sheet provided in the examination hall at the time of writing examinations.7. Clarification Regarding Paperwise Exemption(a) The paperwise exemption is granted only on the basis of

specifi c request received in writing from a registered student along with the attested photocopies of marks sheets for all parts of the Degree/examination (on the basis of which the paperwise exemption is sought) and the exemption fee @ Rs. 100/- per paper. It is one time payment and not to be remitted for availing of paper wise exemption in every session of examination during the validity of registration period.

(b) The application for claiming paperwise exemption must reach the Institute on or before the last date for submission of enrolment application i.e. 25th March and 25th September for JUNE and DECEMBER examinations respectively and with a late fee of Rs. 100/-, the application can be accepted upto 9th JUNE and 10th October respectively.

(c) The paperwise exemption once granted holds good during the validity of registration period or passing/completing the examination, whichever is earlier.

(e) It may be noted that candidates who apply for grant of paper wise exemption or seek cancellation of paper wise exemption already granted, before the last date of submission of enrolment applications for a particular examination, must see and ensure that they receive written confi rmation from the Institute at least 15-20 days prior to the commencement of the examination. Candidates who would presume automatic grant or cancellation of paper wise exemption without obtaining written confi rmation on time and absent themselves in any paper(s) of examination and/or appear in the exempted paper(s) would do so at their own risk and responsibility and the matter will be dealt with as per the above guidelines.

(f) Exemption once cancelled on request in writing shall not be granted again under any circumstances.

(g) The candidates who have passed either group of the Final examination under the old syllabus may claim the paperwise exemption in the corresponding subject(s) of new syllabus indicating the basis of exemption as “APO” in the appropriate column of the enrolment application.

(h) In case the paperwise exemption has already been granted on the basis of qualifi cation or the candidates is eligible for grant of exemption on the basis of securing 60% or more marks, a photocopy of the letter/marks-sheet issued by the Institute

17

Student Services


should be enclosed with the enrolment application while claiming such exemption, failing which the same may not be granted for the ensuing examination.

(i) No exemption fee is payable for availing paperwise exemption on the basis of “APO” or on the basis of securing 60% or more marks in the Institute’s examination.

(j) Paperwise exemption fee is payable only when the exemption is to be availed on the basis of qualifi cation(s) specifi ed for the purpose.

8. Completion of Coaching and Filling up of Examination FormsAt times queries are received by the Institute from the students

with regard to fi lling up of examination forms for want of issue of coaching completion certifi cate. It is clarifi ed that students (i) who are undergoing oral coaching , and (ii) students who have submitted or re –submitted their response sheets and/or would be submitting or re-submitting the response sheets with in the stipulated period, are eligible to fi ll up the examination forms for the respective session of examination. Such students need not withhold the submission of their examination forms for want of coaching completion certifi cates. The students concerned are advised to make a note in the application form to the effect that they are undergoing oral coaching/have submitted response sheets and are awaiting coaching completion certifi cates. Since there cannot be any change with regard to the closing date for submission of examination forms, students need not wait for the issue of coaching completion certifi cates for fi lling up their examination forms. They are advised to mention against the appropriate column in the enrolment application form that coaching completion certifi cates are awaited.

Students who secure 35% or more marks in aggregate and 30% marks in individual paper in a group/ module (s) in June, 2010 examination, are advised to submit photocopy of the marks sheet for the issue of Coaching Completion Certifi cate, if eligible.

9. Submission of Response Sheets for December 2010 ExaminationThe last date for receipt of response sheets, including

resubmission, if any, from the students who wish to be enrolled for the DECEMBER, 2010 examination is 31.08.2010. Students are advised to send the response sheets to the Institute in a regular fl ow without waiting for the last date. The last date mentioned above is just an indicator for students who suitably plan their submission. This will not only give the Institute reasonable time to get the response sheets evaluated in time but also an opportunity to the Students to resubmit the response sheets in which they have failed to obtain a minimum of forty percent marks. Students are advised to get acknowledgement from the Institute for the response sheets sent by attaching a self addressed stamped post card. It may be noted that credit is given for the response sheets received in the Institute on or before the stipulated due date, as above. Name of student, registration number, subject, test paper number, number of sheets used and postal address with PIN code number should be written on the title sheets attached with each response sheets. The above information may also be indicated on the fi rst, middle and last page of each response sheet besides mentioning the Registration Number on each page on the right hand corner on top. It will facilitate early evaluation and return of the evaluated response sheets. It may be noted that no response sheet will be entertained by the Institute in the absence of above information. Accordingly, no credit will be given to students of such response sheets received by the Institute.

Students are also advised to write the subject/paper, number of sheets used and examination correctly on the title sheet before sending the response sheets to the Institute. Similarly, relevant title sheets may be appended with them. There are separate title sheets for Foundation, Executive and Professional Programme. Even when the response sheets are sent in a bunch, complete particulars are to be given on each title sheet and fi rst, middle and last pages of

each response sheet. No cognizance of the response sheets will be taken if the student fail to comply with the above instructions. It is emphasized that separate title sheets are to be attached with each response sheet.

Students are aware that the Institute has made arrangements for acceptance of response sheets for Foundation, Executive and Professional Programme in its Regional/ Chapter Offi ces in Ahmedabad, Bangalore , kolkata, Chennai, Delhi, Hyderabad , Jaipur , Kanpur, Mumbai, Madurai and Pune. Students located in and around these cities are advised to contact and submit their response sheets in the respective Regional/Chapter offi ces.

10. Student Induction Programme (SIP)Every candidate registered for the Executive Programme w.e.f.

01.09.2009 are required to undergo seven days Student Induction Programme (SIP) within 6 months of registration.

11. Compulsory Computer TrainingIn terms of Company Secretaries Regulation, 1982 (as amended)

all student are required to successfully undergo a compulsory Computer Training Programme for becoming eligible to seek enrolment to appear in CS Executive Programme examinations.

The Institute, in compliance of the above said requirements, has tied up with M/s APTECH Limited on providing Computer Training to the Students of the Institute at subsidized rates; through which 70 hours of computer training shall be provided to the students/members of the institute in all centre of APTECH all over the country. To undergo this course, a student/member has to approach any APTECH centre recognized for ICSI-APTECH course, a student/member has to deposit the requisite fees and fulfi ll the formalities as per the requirements of M/s APTECH.

The list of APTECH centers including detailed course contents, module details and topic-wise time duration etc. can be had through the option Students – ICSI APTECH Course on the Institutes website i.e. www.icsi.edu/www.icsi.in

12. Exemption from Computer TrainingA student shall be exempted from undergoing the course on the

basis of he/she fulfi ll the following criteria:He/She the requisite knowledge of the areas/topics covered in the

computer training andHe/She enroll himself/herself for an online exemption test (to be

conducted by APTECH) at any of the APTECH Center on all India basis and successfully clears the test.

13. In case of any specific problem/complaint regarding registration, post-registration, student services and postal/oral coaching, students may contact personally or write to SOHAN LAL, Director and for academic guidance and suggestions, if any, students may write to SUTANU SINHA, Director at the Institute’s address.

ATTENTION STUDENTS !

DISCONTINUATIONOF ISSUE OF PASS CERTIFICATES

TO FOUNDATION/EXECUTIVE PROGRAMME PASS STUDENTS

In accordance with the decision taken by the Council of the Institute recently, it is brought to the notice of the student community that henceforth (i.e. from June, 2010 Examination Session onwards), Pass Certifi cates will be issued only to such students who pass Final Course/Professional Programme. However, Mark Sheets will continue to be issued to students of all stages viz. Foundation, Executive and Professional Programmes as per existing practice.

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Student Services


1. DECLARATION OF JUNE, 2010 EXAMINATION RESULTSThe results of Foundation Programme, Executive Programme and

Professional Programme (New Syllabus) and Final (Old Syllabus) examinations held in June, 2010 are scheduled to be declared at 12.00 Noon on 25th August, 2010. As in the past, the results would be displayed in the following manners:

(i) All-India Results—Roll Numbers List of Successful Candidates will be displayed simultaneously on the Notice Boards at the Institute’s Headquarters and Regional Offi ces;

(ii) Centrewise Results—Roll Numbers List of Successful Candidates related to Examination Centre concerned would be sent to respective Chapter for display on the Notice Board of the Chapter; and

(iii) The results alongwith individual candidate’s subjectwise break-up of marks will also be available on Institute’s Website www.icsi.edu on 25th August, 2010 after 12.00 Noon onwards.

The result-cum-marks statements will be despatched to all candidates latest by 07th September, 2010. Meanwhile, if there has been any change in the mailing address of a candidate, he/she should immediately intimate the same enclosing a self-addressed envelope of 23 cms. x 11 cms. size for posting his/her result-cum-marks statement at the new/changed address. Further, any candidate who does not receive his/her result-cum-marks statement by 20th September, 2010, should immediately write to the Sr. Director (Exams.), The Institute of Company Secretaries of India, C-37, Institutional Area, Sector 62, NOIDA – 201 309 for issuing duplicate marks statement giving relevant particulars, i.e., his/her Name, Student Registration No., Stage of Examination and Module(s) in which he/she appeared, Roll Number, Examination Centre along with a self-addressed stamped envelope worth Rs.25/- for receiving duplicate result-cum-marks statement through Speed Post OR worth Rs.5/- through Ordinary Post.2. VERIFICATION OF MARKS

As published on Page 19 of August, 2010 issue of ‘Student Company Secretary’, a candidate can seek verifi cation of marks in any subject(s) of June, 2010 examination, in terms of regulation 46(2) of the Company Secretaries Regulations, 1982’, as in force, within one month from the date of declaration of results. The application for verifi cation of marks should be made on a plain paper by the candidate in his/her own handwriting together with a requisite fee @ Rs.100/- per subject within 30 days from the date of declaration of results, i.e., upto 27th September, 2010. (25th and 26th September, 2010 being holidays) Candidates are advised not to club any other remittance or query along with request for verifi cation of marks to facilitate an early reply.

After completion of verifi cation process, candidates are informed of the outcome of the verifi cation of marks, normally within 3-4 weeks’ time. Status/Outcome of applications received/disposed/under-process for verifi cation of marks will also be available on Institute’s website: www.icsi.edu. However, if any candidate does not receive a communication from the Institute by 20th November, 2010, he/she should write to the Sr. Director (Exams.) giving relevant details – (i) his/her name; (ii) student registration number; (iii) stage of examination and roll number; (iv) name of the subject(s) in which verifi cation of marks was sought; (v) date of application and mode of its despatch; (vi) amount of verifi cation fee remitted and details about mode of remittance; and (vii) complete postal address along with PIN Code.3. DECEMBER, 2010 EXAMINATION

The next examinations of the Institute for Foundation Programme; Executive Programme; and Professional Programme (New Syllabus) and Final examination (Old Syllabus) are to be concurrently held from Sunday, the 26th December, 2010 to Monday, the 3rd January, 2011 at 69 examination centres, viz., 1. Agra, 2. Ahmedabad, 3. Ajmer,

EXAMINATION 4. Allahabad, 5. Ambala, 6. Aurangabad, 7. Bangalore, 8. Bareilly, 9. Bhilwara, 10. Bhopal, 11. Bhubaneswar, 12, Calicut, 13. Chandigarh, 14. Chennai (West), 15. Chennai (South), 16. Coimbatore, 17. Dehradun, 18. Delhi (East), 19. Delhi (North), 20. Delhi (South), 21. Delhi (West), 22. Ernakulam, 23. Faridabad, 24. Ghaziabad, 25. Gurgaon, 26. Guwahati, 27. Hubli-Dharwad 28. Hyderabad, 29. Indore, 30. Jaipur, 31. Jammu, 32. Jamshedpur, 33. Jodhpur, 34. Kanpur, 35. Kolhapur, 36. Kolkata (North), 37. Kolkata (South), 38. Lucknow, 39. Ludhiana, 40. Madurai, 41. Mangalore, 42. Meerut, 43. Mumbai (CG), 44. Mumbai (GTK), 45. Mumbai (JOG), 46. Mysore, 47. Nagpur, 48. Nasik, 49. Noida, 50. Panaji, 51. Patna, 52. Puducherry, 53. Pune, 54. Raipur, 55. Rajkot, 56. Ranchi, 57. Shimla, 58. Srinagar, 59. Surat, 60. Thane, 61. Thiruvananthapuram, 62. Tiruchirapalli, 63. Udaipur, 64. Vadodara, 65. Varanasi, 66. Vijayawada, 67. Visakhapatnam, 68. Yamuna Nagar (Haryana) and 69 Overseas Centre — Dubai as per the Time-Table and Programme published on the last inside cover page of this issue. The last date for receipt of examination enrolment applications (Examination Forms) for December, 2010 examinations in the Institute together with the requisite examination fee is 27th September, 2010 (25th and 26th September, 2010 being holidays) and with late fee of Rs.100/- upto 11th October, 2010 (10th October, 2010 being holiday).NOTE:NOTE:

1. The Institute reserves the right to withdraw any centre at any stage without assigning any reason.

2. Candidates should note that non-receipt/delayed receipt of result-cum-marks statement, response to result queries, requests for verifi cation of marks, etc., will not be accepted as valid and suffi cient reason for seeking any relaxation for not complying with the requirements of regulations and/or last dates for submission of enrolment applications for the next examinations. Therefore, the candidates in their own interest are timely advised to keep track of important announcements, last dates and observe the time schedule

4. USE OF CALCULATORS IN EXAMINATIONS4. USE OF CALCULATORS IN EXAMINATIONSCandidates are allowed to use their own battery operated noiseless

and cordless pocket calculators with not more than 6 functions, 12 digits and 2 memories. Exchange or lending/borrowing of calculators among students will not be allowed in the examination hall.5. HINDI AS AN OPTIONAL MEDIUM FOR WRITING THE 5. HINDI AS AN OPTIONAL MEDIUM FOR WRITING THE FOUNDATION PROGRAMME, EXECUTIVE PROGRAMME AND FOUNDATION PROGRAMME, EXECUTIVE PROGRAMME AND PROFESSIONAL PROGRAMME EXAMINATIONS UNDER NEW PROFESSIONAL PROGRAMME EXAMINATIONS UNDER NEW SYLLABUS AND FINAL COURSE EXAMINATION UNDER OLD SYLLABUS AND FINAL COURSE EXAMINATION UNDER OLD SYLLABUSSYLLABUS

Candidates are allowed to use Hindi as an optional medium for writing all papers of the Foundation Programme (except the ‘English & Business Communication’ paper), Executive Programme, Professional Programme (New Syllabus) and Final Course (Old Syllabus) examinations on the following conditions:

(i) option of Hindi Medium for writing the examination is to be exercised for all papers of an examination OR a particular module/group of examination, and not for any individual paper(s) in the enrolment application form each time for appearing in the examination;

(ii) option of medium for writing examination once exercised is irrevocable for that particular session of examination;

(iii) answer books of candidates who write part of papers/answers in one medium and the remaining part in other medium are liable to be cancelled without any notice;

(iv) candidates who have exercised option of Hindi Medium in their examination enrolment form for writing Foundation Programme and Module-I of Executive Programme Examinations will be provided Question Papers printed both in English and Hindi versions (except for ‘English & Business Communication’ paper of Foundation Programme, which will be printed/required to be answered in English only). The

19

Student Services


Question Papers for Module-II of Executive Programme, all papers of Professional Programme and Final Course examinations will be printed in English version only;

(v) if a candidate writes his/her answers in Hindi medium without exercising such an option in the enrolment application form, he/she may not be given credit for his/her answers;

(vi) candidates opting Hindi Medium for the examination must write HINDI MEDIUM in bold letters on the top of the cover page of Answer Book No.1, 1B, as the case may be; and

(vii) candidates opting Hindi Medium for examination may write answers to practical questions, headings, quotations, technical and legal terms, sections, rules, etc., in English, if they so desire.

6. HELP DESK FACILITY FOR STUDENTS’ GENERAL QUERIES6. HELP DESK FACILITY FOR STUDENTS’ GENERAL QUERIESCandidates should note that for queries/status relating to: (i)

Admission/Registration to CS Course; (ii) Registration/Examination Forms and Fees; (iii) Grant/Cancellation of Subject-wise exemption(s); (iv) Non-receipt of Study Material and Roll No. (Admit Card); (v) Change of Examination Centre/Medium/Module/Group of Examinations; (vi) Financial Assistance under ‘ICSI Student Education Fund Trust’; (vii) Coaching Completion Certifi cate/Response Sheets evaluation; (viii) Computer Training Certifi cate; and (ix) Non-receipt of Pass Certifi cates, etc., they should contact the concerned Helpdesk/Telephone No./Extn.No. as per details published else-where in this issue.

SECRETARIAL MODULAR TRAINING PROGRAMME (SMTP)/MANAGEMENT SKILLS ORIENTATION PROGRAMME (MSOP) ORGANISED BY H.Q./REGIONAL COUNCILS/CHAPTERS

ELIGIBILITY OF PARTICIPANTS: ICSI final passed candidates and have completed 15 months training or exempted therefrom. SMTP COURSE CONTENTS: Module I – MCA21, Module II – Practical & Procedural Aspects of Convening and Conducting Board Meetings & Annual General Meetings and Related Aspects, Module III – Managing Public Issues, Module IV – Loan Documentation, Joint Ventures & Foreign Collaborations, Raising Finance through EURO Issues & Export and Import Procedures and Documentation, Module V – Practical and Procedural Aspects relating to Appearance before CLB/Under SICA, Consumer Protection Act and Case Studies in RTP/UTP. In addition, the participants would be exposed to case studies and mock board/general meeting, etc.

ORGANISED BY DURATION OF THEPROGRAMME

VENUE OF THE PROGRAMME

CONTACT

SIRC of the ICSI 14.09.2010 to 30.09.2010

19.01.2011 to 05.02.2011

Offi ce Premises Joint Director, ICSI-SIRC HOUSENo. 9, Wheat Crofts Road, Nungambakkam, Chennai-600034Ph. 044-28279898 / 28222212, Telefax:28268685E.Mail: [email protected], [email protected]

ICSI-CCGRT of the ICSI

16.09.2010 to 01.10.2010(Residential)

12.11.2010 to 27.11.2010(Residential)

Offi ce Premises Dean, ICSI-CCGRTPlot No. 101, Sector-15, Institutional AreaCBD Belapur, Navi Mumbai-400614Phone : 022 – 41021504 / 27577814/15, Fax : 022 – 27574384 E-mail: [email protected]

Chandigarh Chapter of NIRC of the ICSI

12.09.2010to

26.09.2010

Offi ce Premises Chairman Chandigarh Chapter of ICSI, GGDSD College, Sector 32-C Chandigarh-160047 Ph.0172-2661840E.Mail: [email protected]

Ranchi Chapter of EIRC of the ICSI

09.09.2010to

25.09.2010

Ranchi Club, Main Road, Ranchi

ChairmanRanchi Chapter of the ICSI, 2C, Om Shanti ApartmentO.C.C. Bangla School Lane, Main Road, Ranchi-834001Ph. 0651-3254128E.Mail: [email protected]

NIRC of the ICSI 13.09.2010to

01.10.2010

04.10.2010to

21.10.2010

Offi ce PremisesThe Executive Offi cer, NIRC of the ICSIICSI-NIRC BuildingPlot No. 4, Prasad Nagar, Institutional AreaNew Delhi- 110005Tel. 25763090/ 25767190/ 25816593Fax: 25722662 (STD CODE:011)E-Mail: [email protected]/[email protected]

Bangalore Chapter of SIRC of the ICSI

13.09.2010to

29.09.2010

Chapter Premises Assistant Director & Programme Co-ordinatorBangalore Chapter of the ICSISheriff Chambers, 3rd Floor, Rear Block, 14, Cunningham RoadBangalore – 560 052Phone: 22286574 / 22287158 Tele Fax: 22261861 (STD Code: 080)E-Mail: [email protected]

Training Orientation Programme (TOP)NIRC of the ICSI 23.08.2010 to 27.08.2010

06.09.2010 to 10.09.2010

18.10.2010 to 22.10.2010

Offi ce Premises The Executive Offi cer, NIRC of the ICSIICSI-NIRC BuildingPlot No. 4, Prasad Nagar, Institutional Area, New Delhi- 110005Tel. 25763090/ 25767190/ 25816593Fax: 25722662 (STD CODE:011)E-Mail: [email protected]/[email protected]

20

Student Services


Student Induction Programme (SIP)NIRO of the ICSI 28.08.2010

to 04.09.2010

Offi ce Premises The Executive Offi cerNIRC of the ICSI, ICSI-NIRC BuildingPlot No. 4, Prasad Nagar, Institutional AreaNew Delhi- 110005Tel. 25763090/ 25767190/ 25816593Fax: 25722662 (STD CODE:011)E-Mail: [email protected]/[email protected]

Bangalore Chapter of SIRC of the ICSI

18.10.2010 to 26.10.2010

02.11.2010to

10.11.2010

Chapter Premises Assistant Director & Programme Co-ordinatorBangalore Chapter of the ICSI, Sheriff Chambers3rd Floor, Rear Block, 14, Cunningham RoadBangalore – 560 052Phone: 22286574 / 22287158Tele Fax: 22261861 (STD Code: 080)E-Mail: [email protected]

Executive Development Programme (EDP)Bangalore Chapter of SIRC of the ICSI

04.10.2010to

13.10. 2010

Chapter Premises Assistant Director & Programme Co-ordinatorBangalore Chapter of the ICSISheriff Chambers, 3rd Floor, Rear Block, 14Cunningham Road, Bangalore – 560 052Phone: 22286574 / 22287158Tele Fax: 22261861 (STD Code: 080)E-Mail: [email protected]

SIRC of the ICSI 06.09.2010to

15.09.2010

Offi ce Premises The Joint DirectorSIRC of the ICSINew No.9, Wheat Crofts RoadNungambakkamChennai – 600 034. Phone:044 – 28279898; 28268685.Email:[email protected]; [email protected]; [email protected]

ATTENTION STUDENTS !Grant of Total Exemption in Undergoing Compulsory Computer Training Program to Physically

Handicapped StudentsThe Institute has decided to grant total exemption in undergoing the compulsory Computer Training Program to the students belonging to the following based handicapped categories on scrutinizing and conducting assessment/evaluation of the documents submitted in this regard.1. Physically Handicapped Students : - permanent physical disability of more than 50% in one limb; or - permanent physical disability of more than 60% in two or more limbs.2. Visually Disabled Students : - 6/60 to 1/60 or fi eld of vision 110-2; - 3/60 to 1/60 or fi eld of vision 100; - FC at 1 foot to Nil or fi eld of vision 100; - Total absence of sight.The above said categories shall be regarded as permanent physical/visual disability in order to be eligible for concessions/ benefi ts in granting total exemption from undergoing the Compulsory Computer Training Program.For availing the aforesaid benefi t, such applicants/students will be required to submit a certifi cate issued by the Medical Superintendent of a State/Central Government Hospital to this effect.

For further details please visit Institute's website : www.icsi.edu

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Student Services


Guidelines for Switch over to new SyllabusGuidelines for Switch over to new Syllabus

The Council in exercise of the powers vested under clause (a) of Sub-section (2) of section 15 of the Company Secretaries Act, 1980 as amended by the Company Secretaries (Amendment) Act, 2006- has approved the New Syllabus and decided as under :-

The last Final Examination under the existing syllabus as specifi ed in Part III of Schedule CCB shall be held in December, 2010 and the syllabus specifi ed in the said Part III of Schedule CCB shall cease to operate after the said examination.Subjects under the New Syllabus are :-

CS PROFESSIONAL PROGRAMMEModule-I1. Company Secretarial Practice2. Drafting, Appearances and PleadingsModule-II3. Financial, Treasury and Forex Management4. Corporate Restructuring and InsolvencyModule-III5. Strategic Management, Alliances and International Trade6. Advanced Tax Laws and PracticeModule-IV7. Due Diligence and Corporate Compliance Management8. Governance, Business Ethics and Sustainability

Final Course CS Professional ProgrammeGroup-I Module-IAdvanced Company Law & Practice

Company Secretarial Practice

Secretarial Practice Relating to Economic Laws & Drafting & Conveyancing

Drafting, Appearances and Pleadings

Secretarial Management & Systems Audit

Due Diligence & Corporate Compliance Mgt. (Module-IV)

Group-II Module-IIFinancial, Treasury & Forex Management

Financial, Treasury & Forex Management

Corporate Restructuring Law and Practice

Corporate Restructuring & Insolvency

Banking & Insurance Law and Practice

Governance, Business Ethics & Sustanability (Module-IV)

Group-III Module-IIIWorld Trade Organisation, International Trade, Joint Ventures and Foreign Collaboration

Strategic Management, Alliances and International Trade

Direct and Indirect Taxation Law and Practice

Advanced Tax Laws and Practice

Human Resources Management and Industrial Relations

Governance, Business Ethics and Sustainability (Module-IV)

TABLE OF CORRESPONDING EXEMPTIONS (PAPERWISE)

Students switching over to the New Syllabus shall be eligible to seek exemption in the corresponding subject(s) of the New Syllabus on the basis of having passed/secured exemption in any individual subject/group under the Old Syllabus as per table of corresponding exemptions noted above.

Similarly, students who have partially completed coaching shall be exempted on their switchover from undergoing coaching in the corresponding subject(s) of the New Syllabus on the basis of their

ANNOUNCEMENTPAPER-WISE EXEMPTIONS ON RECIPROCAL BASIS

TO ICSI AND ICWAI STUDENTSThe Council of the Institute has given approval that the fi nal

passed students of ICWAI can avail exemptions in the following papers of Foundation Programme, Executive Programme and Professional Programme of the Company Secretaryship Course under the New Syllabus effective from 1st Novermber, 2007, 1st February, 2008 and 1st August, 2008 respectively.

Scheme of Exemptions

Exemption to CS passed candidates in papers of ICWAI.

Exemption to CWA passed candidates in Papers of ICSI.

Foundation Course(4 papers) - Complete exemption

Complete exemptionFoundation Programme (4 papers) -

Intermediate Course1. Financial Accounting

(Paper 5)2. Applied Direct Taxation

(Paper 7)

Executive Programme1. Company Accounts, Cost

& Management Accounting (Module I, Paper 2)

2. Tax Laws (Module I, Paper 3)

Final Course3. Financial Managemet &

International Finance (Paper 12)

4. Indirect & Direct Tax Managment (Paper 14)

Professional Programme3. Financial, Trasury and Forex

Management (Module II, Paper 3)

4. Advanced Tax laws & Practice (Module III, Paper 6)

Students enrolled to Company Secretary-ship Course and wish to seek above said paper-wise exemption(s) - on the strength of having passed the fi nal examination of ICWAI - may make their request in writing to Director (Students Services) at C-37, Sector-62, NOIDA-201 309 (U.P) together with the requisite exemption fee @Rs.100 per paper by way of Demand Draft drawn in favor of `The Institute of Company Secretaries of India` payable at New Delhi and the valid document in support of having passed the Final examination of the Institute of Cost & Works Accountants of India on or before the last date of submission of enrolment application for the CS Examination. The above exemption scheme is effective from December, 2008/ June, 2009 for Foundation/Executive Programme and CS Professional Programme examination(s) respectively.

having completed coaching in the individual subject(s)/ group(s) under the Old Syllabus as per the table of corresponding exemptions given in para-5 above. They shall, however, be required to undergo and complete coaching in the remaining subjects in order to become eligible to appear in a particular module under the New Syllabus. Due credit for the response sheets already submitted under the Old Syllabus for any subject shall be available where there is a corresponding subject under the New Syllabus. Such students are required to submit response sheets for the remaining subjects under the New Syllabus. Students having successfully completed the coaching for any particular group(s) under the Old Syllabus; shall be deemed to have completed the coaching for the respective module(s) under the New Syllabus.

While purchase of Study Materials under the New Syllabus is not compulsory on the part of the students who switechover to the New Syllabus - those students who require the same may obtain it by remitting Rs. 120/- per study material by hand and Rs. 160 per study material by post by way of Demand Draft drawn in favour of the institute of Company Secretaries of India, payable at New Delhi.

Please note that once a candidate has been switched over to the New Syllabus, he/she shall not be allowed to revert to the Old Syllabus under any circumstances.

Note : If interested to switch over to the New Syllabus for CS Professional Program, you are advised to opt for the same on declaration of the results for June 2010 of CS Examination vis-à-vis while seeking to appear in December 2010 session of CS Professional Program examination.

22

Student Services


Sl No.

Nature of Query Telephone Numbers

E-mail IDs

1 Registration Status of Foundation Program / Executive Program, Issue of study materials

(0120) 4522061 [email protected] (for Foundation Programme) [email protected] (for Executive Programme)

2 De-novo / Extension / Final Enrolment (0120) 4522072 [email protected]

3 Paperwise Exemption / Switchover to New Syllabus (0120) 4522084 [email protected]

4 Non-receipt of Registration Letter / Identity Cards / Student Company Secretary Bulletin / CS Foundation Course Bulletin /E-Mail Id Registration/Change of Address

(0120) 4522071 [email protected]

5 Coaching Completion Certifi cates / Suggested Answers and Response Sheet Status, Compulsory Computer Training


6 Public Private Partnership Scheme (0120) 4522076 [email protected]

7 Coaching / suggested answers / oral tuition / examiners (DPTS)


8 Issue of Admission Certifi cates for Examinations (0120) 4522085(0120) 4522087

[email protected]

9 Duplicate pass certifi cate of Intermediate / Executive Program


10 Duplicate pass certifi cate of Final / Professional (0120) 4522082 [email protected]

11 Duplicate pass certifi cate of Foundation (0120) 4522086 [email protected]

12 Transcript / Verifi cation of Qualifi cations (only for students)

(0120) 4522082 [email protected] ( For Intermediate/ Executive Programe) [email protected] (For Final / Professional Programme)

Telephone Numbers of Directorate of Student ServicesTelephone Numbers of Directorate of Student Services To facilitate the smooth communication of students with institute, contact details of various sections of Directorate of Student Services are

given below:

ATTENTION STUDENTS !!!Rationalization of the system for issue of Coaching Completion Certifi cate

under Postal Coaching SchemeIt has been decided to rationalize the criteria for issue of Coaching Completion Certifi cates vis-à-vis submission of Response Sheets with

immediate effect which is as follows : -

Stage No. of response sheets required to be submitted for each subject Existing Criteria Revised Criteria

Foundation Programme Only one Response Sheet for each subject No Change

Executive Programme Three Response Sheets for each subject Only one Response Sheet for each subject

Final Course/Professional Programme

Three Response Sheets for each subject Only one Response Sheet for each subject

Keeping in view the above decision, the students are advised to send atleast one Response Sheet for each subject to make him/ her eligible for issue of Coaching Completion Certifi cate. It is further to clarify that he/ she has to secure minimum 40% marks in each subject for issue of Coaching Completion Certifi cate. The students who have already sent atleast one Response Sheet in each subject will also be guided by the same criteria and the Coaching Completion Certifi cates will be issued whoever meets the said criteria. However, students will be at liberty to send maximum response sheets to the Institute and all such response sheets will be evaluated and returned to them for their reference/ guidance. For any further information / clarifi cation on the subject, please contact Shri Vinod Jetly, Assistant Director (Student Services) at E-Mail id [email protected] or at telephone nos. 0120-4522071.

In case of any diffi culty, students may contact Shri Sohan Lal, Director (Student Services) at 0120-4522014 or Write to The Director (Student Services), The Institute of Company Secretaries of India, C-37, Sector-62, Noida-201309

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Student Services


ATTENTION STUDENTSATTENTION STUDENTSCS EXECUTIVE EXAMINATIONS AND COMPULSORYCS EXECUTIVE EXAMINATIONS AND COMPULSORY

COMPUTER TRAINING PROGRAM REG:COMPUTER TRAINING PROGRAM REG:

The Institute frequently receives communications from the students seeking guidance on various matters, particularly as to how to qualify the requirements of compulsory computer training program.

In terms of Company Secretaries Regulations, 1982 (as amended) all students are required to successfully undergo a compulsory Computer Training Program for becoming eligible to seek enrolment to appear in CS Executive Program examinations.

The Institute, in compliance of the above said requirements, has tied up with M/s APTECH Limited on providing Computer Training to the students of the Institute at subsidized rates; through which 70 hours of computer training shall be provided to the students/ members of the Institute in all Centers of APTECH all over the country. To undergo this course, a student/member has to approach any APTECH center recognized for ICSI-APTECH Course on all India bases. To take admission, the student/member has to deposit the requisite fees and fulfi ll the formalities as per the requirements of M/s APTECH.

The list of APTECH Centers including detailed course The list of APTECH Centers including detailed course contents, module details and topic-wise time duration etc. can contents, module details and topic-wise time duration etc. can be had through the options Students ICSI Aptech Course on the be had through the options Students ICSI Aptech Course on the Institute's website i.e. www.icsi.eduInstitute's website i.e. www.icsi.edu

Salient features of the course in brief:

Title of the Course : ‘Understanding Information Technology in Corporate Environment’

Duration of the Course : 70 Hours

Fee : Rs.3000/- per participant for General Category & Rs.2500/- Per participant for SC/ST Category. [All payment will be On-line or by Credit/Debit Card or by Demand Draft (Nationalized bank and large private banks only].

Service Tax and bank charges as per the GOI rules as Applicable from time to time shall be payable by The The student. Present rate of Service student. Present rate of Service Tax @10.3%.Tax @10.3%.

A student can be exempted from undergoing the course on the basis of his existing qualifi cation/degree in the computer fi eld subject to tha conditions that he/she enrolls him/herself for an online exemption test (to be conducted by APTECH) at any of the recognized Aptech Center for ICSI-Aptech Course on all India bases and successfully clears the test. TWO attempts will be allowed for the student to clear the online exemption test within a period of 30 (thirty) days against the fees of Rs.450/-. Service Tax and bank charges as per the GOI rules as applicable from time to time shall be payable by the student. Present rate of Service Tax @ 10.3 %. Student has to appear for the online exemption test from the respective Aptech Testing Center, which will be allocated to him/her. All payments will be made online or credit/debit card or by demand draft.

ATTENTION STUDENTS!ATTENTION STUDENTS!

ICSI STUDENTS EDUCATION FUND TRUSTICSI STUDENTS EDUCATION FUND TRUST

With a view to encourage and motivate economically backward

and academically bright students to pursue the Company

Secretaryship Course, the Institute has created a Trust viz. ICSI

Students Education Fund Trust.

STAGE CATEGORIES OF STUDENTS / ELIGIBILITY

CRITERIA

For Students with

Family Income upto

Rs. 1,00,000 per annum

For Academically

Bright Students

without any limit on

their Family Income

Foundation

Programme

75% Marks In both

Matriculation & Senior

Secondary Stages

90% Marks in both


Secondary Stages

Executive

Programme

75% Marks in both


Secondary Stages and

60% Marks In Bachelor's

Degree Stage

90% Marks in both


Secondary Stages and

85% Marks in Bachelor's

Degree Stage

NATURE AND EXTENT OF FINANCIAL ASSISTANCENATURE AND EXTENT OF FINANCIAL ASSISTANCE

Eligible students shall be fully exempted from paying the Registration/Admission Fee, Postal Tuition Fee, Exemption Fee and other fees usually payable at the time of admission to Foundation/ Executive Programmes. Depending upon their performance in the CS Examinations, the students may also be exempted from payment of Examination Fee and also the fees payable at the time of admission to Executive Programme and Professional Programme (for students admitted to Foundation Programme) and Professional Programme (for students admitted to Executive Programme).

For detailed guidelines, application form, etc. please visit www.icsi.edu

Students desirous of availing tha fi nancial assistance may submit their application in the prescribed format along with all supporting documents to Director (Student Services), The Institute of Company Director (Student Services), The Institute of Company Secretaries of India, C-37, Sector - 62, Nolda - 201 309.Secretaries of India, C-37, Sector - 62, Nolda - 201 309.

In Accordance with the Guidelines for Apprenticeship Training by Company Secretaries, 1985, the Company Secretaries in Practice imparting training to the students are required to pay a minimum stipend of Rs.500/- per month. The Training & Educational Facilities Committee of the Council in its 94th Meeting held on 4th November, 2009, has increased the minimum stipend from Rs. 500/- (Rupees fi ve hundred only) to Rs. 2000/- (Rupees two thousand only) per month.

ATTENTION STUDENTS !

24

Student Services


LIST OF INSTITUTES EMPANELLED IN IMPARTING THE ORAL COACHING FACILITIES TO THE CS STUDENTS UNDER PUBLIC/PRIVATE PARTNERSHIP SCHEME

S.

No.

Name & Address of Empanelled Institutions

Validity for CS Sessions of Exam.

EASTERN INDIA REGIONAL COUNCIL

1. M/s Happy Coaching Institute Fatak, P.O. Budharaja Sambalpur-768 004, Orissa

December`10 & June`11 Sessions of CS Examinations.

2. M/s JAIN Tutorials, Ganges Garden, BL: A-1 3rd Floor 106, K.C.S Road, Shibpur- Howrah-711 102 Telephone No. 033-2638 5571Mobile No. 0-98312 55762

June`09 & December`09 Sessions of CS Examinations.

3. The Director, M/s Institute for Inspiration & Self Development1-B/200/1, Sector-III, Salt Lake City, Kolkata-700 106

June`10 and December`10 Sessions of CS Examinations.

4. The Director, M/s Ambedkar Institute of Higher Education Boring Road (Dadji Lane)Patna-800 001 (Bihar)

June`10 & December`10 Sessions of CS Examinations.

5. The Principal, M/s Haldia Law College, HIT Campus, Haldia Purba Medinipur 721 657 (W.B)

December`09 and June`10 Sessions of CS Examinations.

6. The Principal, M/s Saptarshi College, Gandhi Nagar, First Line (Extension), Backside of Sai Complex, Berhampur (Ganjam), Odisha-760 001


7. PriprietorM/S Solution Education Centre116, Gandhi Path, North S K PuriPatna-800013

December'10 and June'11 Sessions of CS Examinations.

8. ProprietorM/S WISDOM Institute of Professional Learning, 3/100C, C R Colony, On Raja S C Mallick RoadKolkata-700032


NORTHERN INDIA REGIONAL COUNCIL1. M/S G.G.D.S.D. Colllege

Distt. Kangra, Rajpur (Palampur), Himachal Pradesh


2. M/s Springdale College of Management Studies, Madhotanda Road, Pilibhit-262 001 (U.P)


3. M/s Delhi Institute of Professional Studies, 54, First Floor, Sukhdev Nagar, Civil Hospital Roadm Panipat-132 103 (Haryana)


4. M/s Sainath Commerce Classes, C-20, Talwandi, Kota-324 005


5. M/s Lucknow Commerce Academy, S-72/17, Old `C` Block Chauraha, Rajajipuram (Near Lekhraj), Lucknow-226 017


6. The Director, M/s 1360, Staffi ng & Training Solutions Private Limited, 46, First Floor, Karanpur, Dehradun (U.P)


7. M/s. Institute of Systematic Studies in Commerce, Behind Maharaja Hotel, Station Road Moradabad- 244001 (UP)

June’ 10 and December’ 10 Sessions of CS Examinations.

8. M/s Dronachariya Distance Education and Learning CentreBhagu Road, Gali No.20Bathinda – 151 001 (Pb)


9. Sai Institute Mallu Sarai, SambhalNear Chamunda Mandir, Moradabad

December`10 and June'11 Sessions of CS Examinations.

10. The Director,M/S G. S. Institute of Professional Studies, Ahilya Bai Holkar Circle,Dampier Nagar, Mathura (U.P.)

December`10 and June'11 Sessions of CS Examinations.

11. The DirectorCommerce County – Institute for Commerce Studies, 137, Red Square Market, Near Palki HotelHissar (Haryana)

December’10 and June’ 11 Sessions of CS Examinations.

WESTERN INDIA REGIONAL COUNCIL1. M/s Career Classes, 303, Shalimar

Corporate Center, 8, South Tukoganj, Near Hotel Balwas, Indore (M.P)


2. M/s Institute of Management Training & Research, Artha Complex, 2nd Floor, Near IMA House and Tapdiya Terrace, Off. Adalat RoadAurangabad-431 001 (M.S)


3. M/s Career Consultant3018, Trade House, Ring Road, Surat-395 002


4. M/s Madhu Jas Promotions Pvt. Ltd.,[Nahata Professional Academy]C-10, Poddar Plaza Patthar Godam Road, Behind Jabalpur Motors, New Siyaganj, Indore-452 001


5. M/s Tolani Commerce CollegeP.O. Box No.27, Adipur (Kachchh)- 370 205


6. M/s Muley ClassesShop No.14, Ashoka GardensB-Wing, M.P. Road, Panvel-410 206


7. M/s AEC India Commerce (Lawork) 208-209, Gopal Madhav Extension Place, Above Shan Shoukat Shinde Ki Chhawani, Gwalior-474 001 (M.P)


8. The Principal,M/s D.M.`s College of Arts, Science & CommerceAssagao, Bardez GOA-403 507


9. M/s Navkar Institution7, Pallavi Row House, Opp. Memnagar Fire Station Navrangpura Ahmedabad-380 009


10. M/s Bhide Classes[Division of Bhide Education Pvt. Ltd.], 305, Shuamkamal, A Building, Vile Parle (East) Mumbai-400 057 [Branch: Dadar (West)]


11. M/s Bhide Classes[Division of Bhide Education Pvt. Ltd.], 305, Shuamkamal, A Building Vile Parle (East)Mumbai-400 057, [ Branch: Charni Road]


12. M/s Bhide Classes[Division of Bhide Education Pvt. Ltd.], 305, Shuamkamal, A Building Vile Parle (East), Mumbai-400 057[Branch: Vile Parle (East)]


13. M/s Bhide Classes[Division of Bhide Education Pvt. Ltd.], 305, Shuamkamal, A Building Vile Parle (East), Mumbai-400 057[Branch: Borivali]


14. M/s Bhide Classes[Division of Bhide Education Pvt. Ltd.]305, Shuamkamal, A BuildingVile Parle (East) Mumbai-400 057, [Branch: Andheri]


25

Student Services


15. The Director, M/s Geetanjali Education Systems Private Limited Geetanjali College of Computer Science & Commerce, Indian Red Cross Building Suchak Road, Opp. Shastri Medan, Rajkot-360 001


16. The DirectorM/s Sukh Sagor Institute205, Sukh Sagar, Hughes Road, Chowpatty, Mumbai-400 007 (M.S)


17. The Principal, M/s Dhananjayrao Gadgil College of CommerceDistt. Satara, Maharasthra-415 001


18. The Managing DirectorM/s IDEAL Classes Private Limited, 44/375, Unnat Nagar-II Opp. Patkar College, S.V. Rpad, Goregaon (West)Mumbai-400 062[Branch: Borivali (West)


19. The Managing DirectorM/s IDEAL Classes Private Limited, 44/375, Unnat Nagar-II, Opp. Patkar College, S.V. Rpad, Goregaon (West) Mumbai-400 062[Branch: Vile Parle (East)

June`10 and December`10 Sessions of CS Examinations

20. The Managing DirectorM/s IDEAL Classes Private Limited, 44/375, Unnat Nagar-II, Opp. Patkar College, S.V. Road, Goregaon (West) Mumbai-400 062[Branch: Bhayander]

June`10 and December`10 Sessions of CS Examinations

21. M/s Professional Career & Computers 106, Zonal Market, Sector-10 Bhilai (Durg)-490 006 (C.G)


22. M/s MATS College, MATS Tower, PandriRaipur-492 002 (C.G)


23. The Director, M/s Toppers Classes, Opp. MCMIT College, Near Blue Diamond Hotel, T.P. NagarKorba-495 677 (C.G.)


24. The Director, M/s. Lex4biz5, RajnigandhaTithal RoadValsad-396001 (GJ)

June’10 and December’10 Sessions of CS Examinations.

25. The DirectorM/S Professional Excellence Academy 86, Zone-II, Third Floor, M.P. Nagar, Bhopal-462011 (M.P.)


26. M/S Shri Gosar Hansraj GosraniCommerce & Shri Dharamshi DevrajNagda BBA College, Shah Bhagwanji, Kachra Education Complex Near Octroi Post, Indira Gandhi Marg, Jamnagar-351004 (Gujarat)


27. The DirectorProfessional Academy of CompetitiveExecellence (PACE), B-402, 403Silver Mall, RNT Marg,Indore-452001 (MP)


SOUTHERN INDIA REGIONAL COUNCIL1. M/s Mohans Institute

Sreyas, Chettiparambil LaneThekkumbhagam,Tripunithura Ernakulam (Distt.), Kerala-682 301


2. M/s St. John FoundationLittle Kingdom Montessori School Compound, 338/3, West of Medical College, Nagercoil, Kanyakumari Dt. Asaripallam-629 201


3. M/s Dr. G.G. Shetty Educational Society ®, Jnana Degula, Near K.M.F., Dharwad-580 004

June` 10 and December`10 Sessions of CS Examination.

4. M/s Bright Academy of Excellence, Baba Foundation, Plot No.46, Door No.102, Flat No.6, 1st Floor, South West Boag Road, T. NagarChennai-600 017


5. M/s Prize AcademyNo.2, Teachers Colony(Off V.M. Street), RoyapettahChennai-600 014


6. M/s Sree Saraswathi Thyagaraja College, Palani Road, Thippampatti, Coimbatore Distt., Pollachi-642 107


7. M/s Nallamuthu Gounder Mahalingam College, 91, Palghat RoadCoimbatore Distt.Pollachi-642 001


8. The PrincipalM/s Alpha Educational Trust41/13-A, Poonthamalli Street(Old Bus Stand Backside)Villupuram-605 602 (T.N)


9. The Principal, M/s National College Dindigul Road, KarumandapamTiruchirapalli-620 001 (T.N)


10. The Administrative Offi cer,M/s National Management College2/16 Thudupathi, PerunduraiErode (Dist) – 638 057

December’10 and June’ 11 Sessions of CS Examinations.

11. M/s Sharda P.G. CollegeHaricharan Complex,Besides APSRTC Bus StandIst Floor, Shop No.9, 10, 11Nizamabad-503 001 (A.P)


12. The PrincipalM/s P.S.G.R. Krishnammal College For men Peelamedu Coimbatore-641 004


13. The Chairman, M/s Dr. G.R. Damodaran College of ScienceCivil Aerodrome PostAvanashi RoadCoimbatore-641 014


14. The PrincipalM/s PSG College of Arts & Science, Avinashi Road, Civil Aerodrome PostCoimbatore-641 014


15. Secretary, M/s Park`s CollegeChinnakkarai, Tirupur-641 605


16. The President, M/s MPE Society`s Career Development Centre, Prabhatnagar, Honnavara-581 334


17. The PrincipalM/s Cherraan`s Arts Science College Cherraan NagarThittuparaiKangayam TalukTirupur District 638 701


18. The Director, M/s Blue Dot AcademyNo.4, Balaji Avenue, 1st StreetT. Nagar, Chennai-600 017


19. Managing TrusteeM/S Centre for Human Resources Development, ThekkelMannarakkayam PO.Ponkunnam (Via) Kanjirapally Kottayam Dist.Kerala-686506


20. The PresidentM/S Sengunthar Prudential Academy,Erode Sengunthar Engineering College (Campus) ThudupathiERODE-638057


26

December 2009 CS Exams - Prize Awards


ALL INDIA PRIZE AWARDS

COMPANY SECRETARIES EXAMINATIONS – DECEMBER, 2009

Sl.No.

Name of the Prize Award

Criteria Name And Address of the Winner

Qualifi cation Occu-pation

Age(Yrs.)

Marks Obtained

Photograph

FINAL/PROFESSIONAL PROGRAMME EXAMINATIONFINAL/PROFESSIONAL PROGRAMME EXAMINATION1. PRESIDENT’S

GOLD MEDALAwarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi provided that the aggregate is not less than 55%.

Mr. Puneet GuptaD-32, Pamposh EnclaveGreater Kailash-I NEW DELHI – 110 048.

(Roll No.69537 Regn. No.220569755)

B. Com (H)C S

Executive Prog.

—25 546/800

(68.25%)

2. C.C. SUTARIA’S CASH AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi..


(Roll No.69537 Regn. No.220569755)

B. Com (H)C S

Executive Prog.

—25 546/800

(68.25%)

3. J.B. DANI MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks in the aggregate, taking into account the performance of all successful candidates under old as well as new syllabi.

Ms. Neha GuptaB-502/5, Main MarketKamla NagarAGRA – 282 005.

(Roll No.65991 Regn. No.220562162)

C S Executive

Prog.—

21 515/800(64.38%)

4. RAI BAHADUR SETH GUJARMAL MODI MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi.


(Roll No.65991 Regn. No.220562162)

C S Executive

Prog.—

21 515/800 (64.38%)

5. JAYPEE GROUPPRIZEAWARD

Awarded to a candidate who passes in all papers of Group – I/Module-I of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject included in that Group/Module and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Anand Girish PopatFANTACIAC-16, UtopiaOpp. Raheja GardensS No.68, WanawadiPUNE – 411 040.

(Roll No.82762 Regn. No.420458130)

BBA, LL.B.C S

Executive Prog.

—25 147/200

(73.50%)

27




Awarded to a candidatewho passes in all papers of Group – II/Module-II of the Final/Professional Programme examination,at fi rst attempt, in one sitting, without claiming exemptionin any subject includedin that Group/Moduleand obtaining the highest marks taking intoaccount the performance of all successfulcandidates under oldas well as new syllabi.

Ms. Ankita BohraC/o Shri Mahaveer Chand Bohra264-B, Laxmi Nagr BJSJODHPUR – 342 001.

(Roll No.72073Regn. No.220478009)

C S Executive

Prog.

— 23 146/200(73.00%)


Awarded to a candidate who passes in all papers of Group – III/Module-III of the Final/Professional Programme examination, at fi rst attempt, in one sitting, withoutclaiming exemption in any subject included in that Group/Module and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi.

Ms. Neelam Narayandas ValaniKawarram ColonyOpp. B K No.1101Behind Sai Baba SchoolO T SectionULHASNAGAR – 421 003.

(Roll No.15361Regn. No.WR0453476)

B. Com — 26 208/300(69.33%)

8. R & A EXCELLENCE AWARD

Awarded to a candidate who passes in all papers of Module-IV of the ProfessionalProgramme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject included in that Module and obtaining the highest marks taking into account the performance of allsuccessful candidatesunder new syllabi.


(Roll No.69537 Regn. No.220569755)

B. Com (H)C S

Executive Prog.

— 25 152/200(76.00%)

9. CS RENU GUPTA MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful ladycandidates under oldas well as new syllabi.


(Roll No.65991 Regn. No.220562162)

C S Executive

Prog.

— 21 515/800(64.38%)

10. SARASWATI DHANUKA MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination,at fi rst attempt, in onesitting, without claiming exemption in any subject and obtaining the highest marks taking into accountthe performance of all successful lady candidates under old as wellas new syllabi.


(Roll No.65991 Regn. No.220562162)

C S Executive

Prog.

— 21 515/800(64.38%)

28



11. SMT. ARUNA MEHTA MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi


(Roll No.65991 Regn. No.220562162)

C S Executive

Prog.

— 21 515/800(64.38%)

12. PT. GOPAL CHANDRA SHASTRI MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi.

Ms. Sherill Pal# 7 Faith, 1st MainMuneshwara Temple StreetHebbal KempapuraBANGALORE – 560 024.

(Roll No.84767 Regn. No.320425271)

C S Executive

Prog.

— 22 511/800(63.88%)

13. MANTARAM MEMORIAL ANNUAL CASH AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi in June, and December, 2009 examinations.


(Roll No.69537 Regn. No.220569755)

B. Com (H)C S

Executive Prog.

—25 546/800

(68.25%)

14. KAPOOR CHAND MOTI CHAND MOHTA MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination,, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi in June and December, 2009 examinations.

Ms. Garima Agarwal‘RAGHUKUL’465, Pal Link RoadJODHPUR – 342 003.

(Roll No.60348 Regn. No.220558235)

B. Com (H)C S Inter —

22 519/800(64.88%)

Yes

15. D.L. MAZUMDAR’S SILVER MEDAL

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Advanced Company Law and Practice’ paper under old syllabus OR in ‘Company Secretarial Practice’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Rajeev Kumar NayakC/o Ranjeet AnandC-1642, Sushant LokPhase – 1GURGAON – 122 002.

(Roll No.68401 Regn. No.220527792)

C S Executive

Prog.—

22 80/100

29



16. D.L. MAZUMDAR’S SILVER MEDAL

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination,at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Corporate Restructuring – Law and Practice’ paper under old syllabus OR in ‘Corporate Restructuring & Insolvency’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Keshav Mundhra19, Jadulal Mullick RoadMalaparaKOLKATA – 700 006.

(Roll No.64486 Regn. No.120275161)

C S Executive

Prog.

— 22 75/100

17. PAST PRESIDENT CHINUBHAI R. SHAH’S SILVER MEDAL

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Secretarial Practice relating to Economic Laws and Drafting & Conveyancing’ paper under old syllabus OR in ‘Drafting, Appearances and Pleadings’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi.

Co-winners

1. Mr. Nukul Sarawogi 30/A/107 Dr. P T Laha Street Rishra HOOGHLY – 712 248.

(Roll No.64334Regn. No.120268162)

2. Mr. Bharatheeswar R No.2, Manohar Nagar Extn. Pallikaranai CHENNAI – 600 100.

(Roll No.76635Regn. No.320408020)

B. Com (H)C S

Executive Prog.

B. ComC S

Executive Prog.

—

—

24

23

75/100

75/100

18. VIDYA NAND MEHTA MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Financial, Treasury & Forex Management’ paper under old syllabus OR in ‘Financial, Treasury & Forex Management’ paper under new syllabus, whichever is higher, taking into accountthe performance of all successful candidatesunder old as well as new syllabi.

Ms. Ankita BohraC/o Shri Mahaveer Chand Bohra264-B, Laxmi Nagr BJSJODHPUR – 342 001.

(Roll No.72073Regn. No.220478009)

C S Executive

Prog.—

23 85/100

30



19. TAXMANN’S PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Direct and Indirect Taxation – Law and Practice’ paper under old syllabus OR in ‘Advanced Tax Laws and Practice’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Amit Kumar Bajranglal Agrawal3011, Jash Textile MarketRing RoadSURAT – 395 002GUJARAT.

(Roll No.85777 Regn. No.420463994)

C S Executive

Prog.—

24 74/100

20. GHANSHYAM DAS SARAF MEMORIAL GOLD MEDAL

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Banking and Insurance – Law and Practice’ paper under old syllabus OR in ‘Governance, Business Ethics & Sustainability’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Ritu Parna KalitaC/o Amar Jyoti KalitaAsstt. ManagerIDBI Bank Ltd.,Guwahati Main BranchIDBI Building, G S RoadGUWAHATI – 781 005.

(Roll No.63601 Regn. No.120235950)

B. Sc. (H)LL. B.C S

Executive Prog.

—30 75/100

21. SMT. G.P. PODDAR MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Secretarial, Management and System Audit’ paper under old syllabus OR in ‘Due Diligence & Corporate Compliance Management’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi.

Co-winners1. Mr. Puneet Gupta D-32, Pamposh

Enclave Greater Kailash - I NEW DELHI – 110 048. (Roll No.69537Regn. No.220569755)

2. Mr. Sabyasachi Roy 22/1/5,

Laxminarayantala Road Harsh Complex Block-B, Flat-301 HOWRAH – 711 103. (Roll No.64268Regn. No.120256681)

3. Mr. Harsh Joshi CF-332, Salt Lake Sector – 1 KOLKATA – 700064 (Roll No.64560Regn. No.120277647)

4. Mr. Giriraj Ajmera S/o Shri Satyanarayan

Ajmera 5-M, 15- Ramesh

Chanda Vyas Nagar BHILWARA – 311 001. (Roll No.67327Regn. No.220557562)

B Com (H)C S

Executive Prog.

B. Sc.C S

Executive Prog.

C S Executive

Prog.

B. ComC S

Executive Prog.

—

—

—

—

25

26

22

24

80/100

80/100

80/100

80/100

31



INTERMEDIATE/EXECUTIVEINTERMEDIATE/EXECUTIVE PROGRAMME EXAMINATION PROGRAMME EXAMINATION22. PRESIDENT’S

SILVER MEDALAwarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates, under old as well as new syllabi provided that the aggregate is not lessthan 55%.

Mr. Rishu GoyalC/o M/s. Rishu General Store46, Puja MarketHISAR – 125 001.

(Roll No.41196 Regn. No.220674439)

B. Com — 24 433/600(72.17%)

23. JAYPEE GROUP PRIZE AWARD

Awarded to a candidate who passes in all papersof the Intermediate/Executive Programme examination,at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks takinginto account theperformance of all successful candidates under old as well as new syllabi.


(Roll No.41196 Regn. No.220674439)

B. Com — 24 433/600(72.17%)

24. KEDARNATH PRAHLADRAI DHANUKA MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi.

Ms. Akshita GuptaPlot No.A-404R B Industries RoadNo.9-F, V K –I AreaJAIPUR – 302 013.

(Roll No.42681 Regn. No.220689185)

Foundation Course of

ICSI

— 20 432/600(72.00%)

25. MAUJI RAM JAIN MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all such successful lady candidates under old as well as new syllabi.


(Roll No.42681 Regn. No.220689185)


ICSI

— 20 432/600(72.00%)

26. SMT. BONDADA SAMANTHA KAMANI MEMORIAL SILVER MEDAL

Awarded to a lady candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all such successful lady candidates under old as well as new syllabi.

Ms. Anita ChatraniD/o Shri Ashok Chatrani10/118, Chopasani Housing BoardJODHPUR – 342 008.

(Roll No.43780 Regn. No.220684856)

B. Com (H) — 21 425/600(70.83%)

32



27. LATE SHRI JAGDISH CHANDRA MALHOTRA MEMORIAL ANNUAL AWARD

Awarded to a lady candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the results of June and December, 2009 examinations under old as well as new syllabi.


(Roll No.42681 Regn. No.220689185)


ICSI

— 20 432/600(72.00%)

28. TAXMANN’S PRIZE AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Tax Laws’ paper under old syllabus OR in ‘Tax Laws’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Sunny GoyalD-106, Vivek ViharPhase – INEW DELHI – 110 095.

(Roll No.37324 Regn. No.220682300)

B. Com—

24 86/100

29. PREETI PURASKAR

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Company Law’ paper under old syllabus OR in ‘Company Law’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi.

Mr. Aviral Goyal60, Old Grain MarketSri GanganagarRAJASTHAN – 335 001.

(Roll No.38627 Regn. No.220685480)


ICSI—

20 83/100

FOUNDATIONOUNDATION PROGRAMME EXAMINATION PROGRAMME EXAMINATION30. SULTAN

CHAND TRUST PRIZE AWARD

Awarded to a candidate who passes in all papers of Foundation Programme examination, at fi rst attempt, in one sitting without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates.

Ms. Divya Parameswar Iyer501, 5th FloorLaxmi Villa, Kas RoadMatunga (East)MUMBAI – 400 019.

(Roll No.28357 Admn. No.410230133)

Sr. Sec. — 21 330/400(82.50%)

31. SULTAN CHAND TRUST PRIZE AWARD

Awarded to a candidate who passes in all papers of Foundation Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates.

Mr. Rahul BaidBasant Credit Corporation11-B, Sreenath Chakraborty LaneOpp. Bara Nagar MunicipalityKOLKATA – 700 035.

(Roll No.16698 Admn. No.110169585)

Sr. Sec. — 20 312/400(78.00%)

33



32. SULTAN CHAND TRUST PRIZE AWARD

Awarded to a candidate who passes in all papers of Foundation Programme examination, at fi rst attempt, in one sitting without claiming exemption in any subject and obtaining the third highest marks taking into account the performance of all successful candidates.

Co-winners

1. Ms. Ekta Agarwal Belur Govt. Hsg. Quarters Block No.S-5-11 Sapuipara P O HOWRAH – 711 227.

(Roll No.16989 Admn. No.110174998)

2. Mr. Karan Nahar 184, Charu Chandra Palace East 2nd Floor Lake Gardens KOLKATA – 700 033.

(Roll No.18436 Admn. No.110177791)

Sr. Sec.

Sr. Sec.

—

—

19

19

311/400(77.75%)

311/400(77.75%)

33. DURGADEVI SARAF MEMORIAL GOLD MEDAL

Awarded to a lady candidate who passes in all papers of Foundation Programme examination, at fi rst attempt, in one sitting without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates.


(Roll No.28357Admn. No.410230133)

Sr. Sec.—

21 330/400(82.50%)

ATTENTION STUDENTS APPEARED IN JUNE, 2010 EXAMINATIONSThe Institute awards “Merit Scholarships” and “Merit-cum-Means Assistance” to students for pursuing Executive Programme and Professional Programme on the basis of their meritorious performance in the examinations and on merit-cum-need basis on their passing Foundation Programme; and Executive Programme examinations respectively, as per the criteria stipulated under the “Merit Scholarship (Company Secretaryship Course) Scheme, 1983” and “Merit-cum-Means Assistance (Company Secretaryship Course) Scheme, 1983”.

MERIT SCHOLARSHIPIn pursuance of para 7 of the “Merit Scholarships (Company Secretaryship Course) Scheme, 1983, 25 numbers of scholarships are awarded each for Executive Programme and Professional Programme/Final examinations per session only to registered students, purely in order of merit, from amongst the candidates who appeared and passed in all the subjects of their respective examination, at fi rst attempt, in one sitting, without claiming exemption in any subject, on all-India basis and subject to fulfi lling other terms and conditions as stipulated in the said scheme.Accordingly, students who pass the Foundation Programme examination in June, 2010 should get themselves registered with the Institute for the Executive Programme within 3 months from the date of declaration of results to become eligible for award of Scholarship.

MERIT-CUM-MEANS ASSISTANCEIn pursuance of para 8 of the “Merit-cum-Means Assistance (Company Secretaryship Course) Scheme, 1983”, 25 numbers of fi nancial assistance are awarded each for Executive Programme and Professional Programme examinations per session only to registered students. According to the scheme, a candidate has to apply in the prescribed form which can be downloaded from Institute’s website: www.icsi.edu OR obtained from the Institute free of cost by sending a self addressed stamped envelope, and submit his/her application within a specifi ed date as notifi ed from time to time. Any candidate applying for fi nancial assistance should have passed the Foundation Programme/Both the Modules of Executive Programme, at fi rst attempt, in one sitting, without claiming exemption in any subject. If the candidate is employed or having an independent source of income, in that case his/her income should not be more than Rs.1,50,000/- per annum and if he/she is dependent on his/her parents/guardian/spouse, then the combined income from all sources should not be more than Rs.2,50,000/- per annum and also subject to fulfi lling other terms and conditions as stipulated in the said scheme.Students who pass the Foundation Programme examination in June, 2010 must get themselves registered with the Institute for the Executive Programme within 3 months from the date of declaration of results to become eligible for award of this fi nancial assistance.A separate notifi cation inviting applications for award of “Merit-cum-Means Assistance” will be published in the March/April and September/October issue of “C.S. Foundation Course Bulletin” and “Student Company Secretary” Bulletin.

34



Sl. No.


Criteria Name and Address of the Winner


Age (Yrs.)

Marks Obtained

1. KEDARNATH PRAHLADRAI DHANUKA MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Eastern Region

Mr. Himadri DasF-8, SantisaraniKamdhari GariaKOLKATA – 700 084.

(Roll No.65065 Regn. No.120270399)

B. Sc. (H)C S Executive Prog.

—25 500/800

(62.50%)

2. NIRMAL CHANDRA CHATTERJEE MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Secretarial Practice relating to Economic Laws and Drafting & Conveyancing’ paper under old syllabus OR in ‘Drafting, Appearances and Pleadings’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi. from examination centres within the Eastern Region.

Mr. Nukul Sarawogi30-A-107, Dr. P T Laha StreetRishra HOOGHLY – 712 248.

(Roll No.64334 Regn. No.120268162)

B. Com (H)C S Executive Prog.

—24 75/100

3. BHAGABATI CHATTERJEE MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi. from examination centres within the Eastern Region.

Co-winners

1. Ms. Priyanka Gupta C/o Shanti Stores 45/3, Diamond Harbour Road KOLKATA – 700 027. (Roll No.65044 Regn. No.120263689)2. Ms. Priyanka Agarwal 28, Sarat Bose Road Third Floor KOLKATA – 700 020. (Roll No.65106 Regn. No.120277290)

B. ComCS Executive Prog.

CS Executive Prog.

—

—

25

21

489/800(61.13%)

489/800(61.13%)

4. EIRC CASH PRIZE

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Company Secretarial Practice’ under old syllabus OR in ‘Company Law’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Eastern Region.

Mr. Piyush Kumar GoelSwagat Apartments78/1/A, Girish Ghosh Road4th Floor, BelurHOWRAH – 711 202.

(Roll No.31923 Regn. No.120309953)

Foundation Course of ICSI

—20 81/100

5. KEDARNATH DHANUKA MEMORIAL CASH PRIZE

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Eastern Region.

Ms. Suravi Lodha63, Nalini Ranjan AvenueNew Alipore, Block-GFlat -4A, Daffodil IsleKOLKATA – 700 053.

(Roll No.33580 Regn. No.120309826)


—21 423/600

(70.50%)

REGIONAL COUNCIL PRIZE AWARDSEASTERN INDIA REGIONAL COUNCIL PRIZE AWARDS

35



NORTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS

SOUTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS

Sl. No.




Age (Yrs.)

Marks Obtained

1. NIRC SILVER SOUVENIR AWARD

(For Final/Professional Programme Examination)

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Northern Region.


(Roll No.69537 Regn. No.220569755)

B. Com (H)C S Executive Prog.

—25 546/800

(68.25%)

2. NIRC PRIZE AWARD FOR BOTH GROUPS

(For Intermediate/Executive Programme Examination)

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Northern Region.


(Roll No.41196 Regn. No.220674439)

B. ComC S Executive Prog.

— 24433/600(72.17%)

Sl. No.




Age (Yrs.)

Marks Obtained

1. SIRC SILVER MEDAL

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Mr. Arjun R RaoNo. 102, Old No.5227th Street ExtensionGandhipuramCOIMBATORE – 641 012.

(Roll No.76961 Regn. No.320369509)


— 25 510/800(63.75%)

2. SIRUBALAKKADU SAMBAMOORTHY SRINIVASAN MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Mr. Arjun R RaoNo. 102, Old No.5227th Street ExtensionGandhipuramCOIMBATORE – 641 012.

(Roll No.76961 Regn. No.320369509)


— 25 510/800(63.75%)

3. SRI CHAKRA’S CASH AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Ms. Rekha Bai5, Reddiar Garden StreetNandavana MetturKamaraj Nagar, AvadiCHENNAI – 600 071.

(Roll No.76172 Regn. No.320336430)


— 30 498/800(62.25%)

36



4. SIRC PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Corporate Restructuring – Law and Practice’ paper under old syllabus OR in ‘Corporate Restructuring & Insolvency’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates from examination centres within the Southern Region.

Co-winners

1. Mr. Bala Murugan EOld No.11, New No.21Narayana Naicken StreetPudupetCHENNAI – 600 002.(Roll No.76204Regn. No.320399150)

2. Ms. Gayathri S29/1, Subhiksha FlatThiruvenkatapuram, 1st St.Choolaimedu P OCHENNAI – 600 094.(Roll No.76219Regn. No.320409231)

3. Ms. Manju NarayananNo.26, Usha Nagar2nd Street, UllagaranCHENNAI – 600 091.(Roll No.76629Regn. No.320405361)

4. Mr. Niranjan J16/61, M K Auto Nagar2nd StreetEdayarpalaamCOIMBATORE – 641 025.(Roll No.76981Regn. No.320417286)

5. Ms. K SamathaH.No.1-8-712/1,Flat-403Alekhya ResidencyNear Veg Market, NallakuntaHYDERABAD – 500 044.

(Roll No.77880Regn. No.320353761)

6. Ms. Radhika PaiFlat No.2, Jupiter Apts.Near Kadri-ManjunatheshwaraKankanady PostMANGALORE – 575 002.

(Roll No.78466Regn. No.320323634)

7. Mr. Adithya ShenoySoujanyaNear Shreya PrintersHayagreeva Nagar,IndraliUDUPI – 576 102.(Roll No.78469Regn. No.320395409)

B. ComC S Executive Peog.


C S Executive Prog.

C S Executive Prog.

M.A.C SExecutive Prog.

B.A.L.C S Executive Prog.


—

—

—

—

—

—

—

24

24

22

22

30

26

24

66/100

66/100

66/100

66/100

66/100

66/100

66/100

37



5. SIRC - MRS. PANKAJAM RENGACHARI PRIZE AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Advanced Company Law and Practice’ paper under old syllabus OR in ‘Company Secretarial Practice’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi. from examination centres within the Southern Region.

Ms. Sneha JainNo.49, Chick Bazar RoadTasker TownBANGALORE – 560 051.

(Roll No.75529 Regn. No.320404481)


— 24 77/100

6. SIRUBALAKKADU SAMBAMOORTHY SRINIVASAN MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Mr. Hariharan L“Anjali”Mannoormadam FortMavelikaraAlappuzhaKERALA – 690 101.

(Roll No.49982 Regn. No.320439833)

B. Com — 23 423/600(70.50%)

7. SRI CHAKRA’S CASH AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Co-winners

1. Mr. Ananth Narayana Rao53 Old No.19,I-Main RoadMaruthi Extn.SriramapuramBANGALORE – 560 021.

(Roll No.47047Regn. No.320452942)

2. Mr. Sreyas GowthamSF-1, Raksha Paradise32, Industrial Town4th Stage, RajajinagarBANGALORE – 560 010.

(Roll No.47264Regn. No.320484011)

B. Com


—

—

23

21

397/600(66.17%)

397/600(66.17%)

8. LATE G. SUNDARA RAJAN ENDOWMENT AWARD

Awarded to a candidate who passed in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Management Information Systems and Corporate Communication’ paper under old syllabus OR in ‘Securities Laws and Compliances’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Mr. Ramakrishnan G S“Sabri”59-A, Second StreetHarpagam AvenueR A PuramCHENNAI – 600 028.

(Roll No.48917 Regn. No.320450322)

B Com — 23 77/100

38



9. SIRC - V. KUMAR MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Tax Laws’ paper under old syllabus OR in ‘Tax Laws’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi. from examination centres within the Southern Region.

Ms. Deepti B KNo.73, Shreyas 2nd Cross, 4th MainChennammanakere AchkatBanashankari, 3rd StageBANGALORE – 560 085.

(Roll No.47234 Regn. No.320482982)

B. Com — 23 76/100

10. LATE SHRI K HARIHARAN ENDOWMENT AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Company Law’ paper under old syllabus OR in ‘Company Law’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Southern Region.

Mr. Murali B20/7, Chinna Mettu Palayam1st Street Co-op Shanmugam ParkKaladipetThiruvotriyurCHENNAI – 600 019.

(Roll No.48024 Regn. No.320439487)

B. Com — 22 71/100

BANGALORE CHAPTER OF SIRC (ICSI) PRIZE AWARDSSl. No.




Age (Yrs.)

Marks Obtained

1. GOWRI GANAPATI JOSHI VAJAGADDE MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Bangalore centre.

Ms. Sreelekha SD/o Shri S Krishnaiah Chetty#706, Srinilayam1st Laink Road9th Cross, SIT ExtensionTUMKUR – 572 103.

(Roll No.75533 Regn. No.320404714)

C S Executive Prog.

— 23 487/800(60.88%)

2. HUKLAMAKKI MANJUNATHA HEGDE MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Bangalore centre.

C0-winners

1. Mr. Ananth Narayana Rao53 Old No.19, I-Main RoadMaruthi Extn.SriramapuramBANGALORE – 560 021.

(Roll No.47047Regn. No.320452942)

2. Mr. Sreyas GowthamSF-1, Raksha Paradise32, Industrial Town4th Stage, RajajinagarBANGALORE – 560 010.

(Roll No.47264Regn. No.320484011)

B. Com


—

—

23

21

397/600(66.17%)

397/600(66.17%)

39



3. LATE SMT. M K VEDAVALLI MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Securities Laws and Regulation of Financial Markets’ paper under old syllabus OR in ‘Securities Laws and Compliances’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi from Bangalore centre.

Ms. Akanksha Surana595-A, 8th Main, 2nd Cross3rd Block, 3rd StageBasaweshwara NagarBANGALORE – 560 079.

(Roll No.47244 Regn. No.320483230)


— 21 71/100

4. LATE SHRI G V SETTY AND LATE SMT. KUSUMAMBA MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Foundation Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates from Bangalore centre.

Ms. Salaiha KhanNo.464/9/1, 7th CrossMathikere MainYeshwantpurBANGALORE – 560 022.

(Roll No.25423 Regn. No.310161251)

Sr. Sec. — 19 275/400(68.75%)

HYDERABAD CHAPTER OF SIRC (ICSI) PRIZE AWARDSSl. No.




Age (Yrs.)

Marks Obtained

1. LATE MADINEEDI RAMAKRISHNASUBHADRA MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Hyderabad Centre.

Ms. Bhaskarabotla AswaniD/o Shri B L N Rajendra SekharJeelugumilliWest Godavari – 534456Andhra Pradesh.

(Roll No.77924 Regn. No.320410948)


—23 458/800

(57.25%)

2. DR. VASUDEORAO JATKAR MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all such successful candidates under old as well as new syllabi in June and December, 2009 examinations from Hyderabad Centre.

Mr. Abhinav Kumar K PH.No.4-8-786Gowliguda Naik BuildingsRam MandirHYDERABAD – 500 012.

(Roll No.65695 Regn. No.320397811)

B. ComC S Inter —

23 527/800(65.88%)

3. LATE SHRI M. GURU RAJ RAO MEMORIAL GOLD MEDAL

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks from amongst all such successful candidates under old as well as new syllabi from Hyderabad Centre.

Mr. Palugulla Sasidhara ReddyS/o Shri P V Ramana ReddyUppalapadu – Vill.C S Puram, MandalKANIUIRI – 523 112Andhra Pradesh

(Roll No.51356 Regn. No.320475480)

B. Com—

22 380/600(63.33%)

40



4. LATE MADINEEDI RAMAKRISHNASUBHADRA MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Foundation Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks from amongst all such successful candidates from Hyderabad Centre.

Ms. Radhika Annamraju8-3-1109/A, Kesava NagarSrinagar Colony RoadHYDERABAD – 500 073.

(Roll No.26382 Regn. No.310157244)

Sr. Sec.—

17 298/400(74.50%)

WESTERN INDIA REGIONAL COUNCIL PRIZE AWARDSSl. No.




Age (Yrs.)

Marks Obtained

1. WIRC MEDAL Awarded to a candidate who passes in all papers of Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all such successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Sherill Pal# 7, Faqith, 1st MainMuneshwara Temple StreetBebbal KempapuraBANGALORE – 560 024.

(Roll No.84767 Regn. No.320425271)

C S Executive Prog.

—22 511/800

(63.88%)

2. WIRC CASH PRIZE

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Sandhya AroraG-2/208, Gulmohar ColonyBHOPAL – 462 039Madhya Pradesh

(Roll No.81080 Regn. No.420497293)

C S Inter—

23 504/800(63.00%)

3. LATE SHRI S. NARAYANAN MEMORIAL PRIZE AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Sherill Pal# 7, Faqith, 1st MainMuneshwara Temple StreetBebbal KempapuraBANGALORE – 560 024.

(Roll No.84767 Regn. No.320425271)

C S Executive Prog.

—22 511/800

(63.88%)

4. SHRI KANHAIYALAL N. DUSANEWALA VAKIL (NANDURBAR) MEMORIAL AWARD

Awarded to a lady candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Sandhya AroraG-2/208, Gulmohar ColonyBHOPAL – 462 039Madhya Pradesh

(Roll No.81080 Regn. No.420497293)

C S Inter—

23 504/800(63.00%)

41



5. PAST PRESIDENT CHINUBHAI R. SHAH AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Advanced Company Law and Practice’ paper under old syllabus OR in ‘Company Secretarial Practice’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Krupa Mahadev Kamat301, AshwiniShankheshwar Karupa ComplexNear Chikanghar Bus StopBirla College RoadKALYAN (WEST) – 421 304Maharashtra.

(Roll No.86266 Regn. No.420509691)

B. ComC S Inter —

24 74/100

6. SUKHLAL C. MODY MEMORIAL PRIZE

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Corporate Restructuring – Law and Practice’ paper under old syllabus OR in ‘Corporate Restructuring & Insolvency’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Shivali Adarsh ValechaA-21, Juhu Sun-N-Sea Apts.33-B, Juhu RoadSantacruz (West)MUMBAI – 400 049.

(Roll No.82281 Regn. No.420390356)

C S Inter—

24 70/100

7. WIRC PAST CHAIRMAN V.K. MATHUR MEMORIAL AWARD

Awarded to a candidate who passes in all papers of the Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Secretarial Practice relating to Economic Laws and Drafting & Conveyancing’ paper under old syllabus OR in ‘Drafting, Appearances and Pleadings’ paper under new syllabus, whichever is higher, taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Vijetha Regina Edward D’SouzaA-18, 504 – Happy ValleyNear Tiokuji Ni WadiChitalsar ManpadaThane (West) – 400 610Maharashtra.

(Roll No.86234 Regn. No.420500827)

B. ComC S Inter —

24 73/100

8. WIRC MEDAL Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Hemali Deepak Thakkar748/3, Ramdevi Mansion10th Road, Khar (West)MUMBAI – 400 052.

(Roll No.56415 Regn. No.420560870)


—21 422/600

(70.33%)

9. WIRC CASH PRIZE

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the second highest marks taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Mr. Vinay Umershi Vinchhi17, Meena ApartmentTilak Nagar, Kalyan RoadDombivli (East)MUMBAI – 421 201.

(Roll No.62487 Regn. No.420590508)

B. Com—

24 418/600(69.67%)

42



10. PAST PRESIDENT CHINUBHAI R. SHAH AWARD

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks EITHER in ‘Company Law’ paper under old syllabus OR in ‘Company Law’ paper under new syllabus, whichever is higher taking into account the performance of all successful candidates under old as well as new syllabi from examination centres within the Western Region.

Mr. Ashutosh Avinash MuglikarF-12, A/3, Dhanalaxmi ParkBhusari Colony, Paud RoadKothrudPUNE – 411 038.

(Roll No.60747 Regn. No.420615577)


— 21 81/100

11. SUGUNA MEMORIAL PRIZE

Awarded to a lady candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful lady candidates under old as well as new syllabi from examination centres within the Western Region.

Ms. Hemali Deepak Thakkar748/3, Ramdevi Mansion10th Road, Khar (West)MUMBAI – 400 052.

(Roll No.56415 Regn. No.420560870)


— 21 422/600(70.33%)

12. ELVINA PINTO MEMORIAL PRIZE AWARD

Awarded to a candidate who passes in all papers of the Foundation Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates from examination centres within the Western Region.


(Roll No.28357 Regn. No.410230133)

Sr. Sec. — 21 330/400(82.50%)

AHMEDABAD CHAPTER OF WIRC (ICSI) PRIZE AWARDSSl. No.




Age (Yrs.)

Marks Obtained

1. SHRISH H. SHAH MEMORIAL PRIZE

(For Final/Professional Programme examination)

Awarded to a candidate who passes in all papers of Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Ahmedabad Centre.

Mr. Manish Prakash WadhwaniA-76, Nayan NagarNear Krishna Nagar Jain TempleSahijpur Bogha NarodaAHMEDABAD – 382 345.

(Roll No.80417 Regn. No.420481811)

B. ComC S Inter

— 24 479/800(59.88%)

2. SHRISH H. SHAH MEMORIAL PRIZE

(For Intermediate/Executive Programme examination)

Awarded to a candidate who passes in all papers of the Intermediate/Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Ahmedabad Centre.

Mr. Vijay Kumar58, Buddhisagar SocietyB/H Chadkheda Railway Stn.ChandkhedaAHMEDABAD – 382 470.

(Roll No.53601 Regn. No.420598076)

B. Com — 24 404/600(67.33%)

43



PUNE CHAPTER OF WIRC (ICSI) PRIZE AWARDSl. No.




Age (Yrs.)

Marks Obtained

1. SMT. SHAKUNTALABAIN. NAVARE ANDSHRI BHAGWAN D. BHAVE MEMORIAL AWARD

Awarded to a candidate who passes in all papers of Final/Professional Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any subject and obtaining the highest marks taking into account the performance of all successful candidates under old as well as new syllabi from Pune Centre.

Ms. Sherill Pal# 7 Faith, 1st MainMuneshwara Temple StreetHebbal KempapuraBANGALORE – 560 024.

(Roll No.84767 Regn. No.320425271)

C S Executive Prog.

— 22 511/800(63.88%)

INTRODUCTION OF NEW AWARDS FOR COMPANY SECRETARIES EXAMINATIONSThe Institute is pleased to announce institution of two Awards as under :

1. ALL-INDIA PRIZE AWARD

Nomenclature of Award : CS S. Ramakrishnan Memorial AwardName of Donors : (i) CS K.S. Ramesh, Hyderabad (ii) CS A.G. Ravindranath Reddy, Hyderabad (iii) CS J Krishna

Murthy, Hyderabad (iv) CS T. Subba Rao, Hyderabad (v) CS P. Bhaskar Narayana, Hyderabad (vi) CS P.V. Ramana Sarma, Hyderabad (vii) CS P.S. Shastri, Hyderabad (viii) CS C. Sudhir Babu, Hyderabad (ix) CS Nikhil C.Popat, Hyderabad (x) CS P.S Rao, Hyderabad (xi) CS Dr. P.V.S. Jagan Mohan Rao, Hyderabad (xii) CS A.V. Syamala, Hyderabad (xiii) CS V.S Rao, Hyderabad (xiv) CS Datla Hanumanta Raju, Hyderabad (xv) CS Kumar Raghavan, Hyderabad (xvi) CS Lalit Mohan Chandna, Hyderabad (xvii) CS K.V. Ranga Rao, Hyderabad (xviii) CS G. Ramakrishna Rao, Hyderabad (xix) CS S.V. Surya Narayana, Hyderabad (xx) CS S.S. Marthi, Hyderabad

Type of Award : ALL-INDIA PRIZE AWARDEndowment Amount : Rs.60,000/-Value of Award : Cash award of Rs.1,501/- per session of exam.Date of Commencement of Award

: Effective from June, 2010 Examination

Criteria of Award : To be awarded to a candidate who passes in all papers of the Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any paper and obtaining the highest marks in ‘Economic and Labour Laws’ paper, taking into account the performance of all successful candidates on all-India basis.

2 HYDERABAD CHAPTER PRIZE AWARD

Nomenclature of Award : CS S. Ramakrishnan Memorial Award Name of Donors : CS K.S. Ramesh, Hyderabad (ii) CS A.G. Ravindranath Reddy, Hyderabad (iii) CS J Krishna

Murthy, Hyderabad (iv) CS T. Subba Rao, Hydrabad (v) CS P. Bhaskar Narayana, Hyderabad (vi) CS P.V. Ramana Sarma, Hydrabad (vii) CS P.S. Shastri, Hyderabad (viii) CS C. Sudhir Babu, Hyderabad (ix) CS Nikhil C.Popat, Hyderabad (x) CS P.S Rao, Hyderabad (xi) CS Dr. P.V.S. Jagan Mohan Rao, Hyderabad (xii) CS A.V. Syamala, Hyderabad (xiii) CS V.S Rao, Hyderabad (xiv) CS Datla Hanumanta Raju, Hyderabad (xv) CS Kumar Raghavan, Hyderabad (xvi) CS Lalit Mohan Chandna, Hyderabad (xvii) CS K.V. Ranga Rao, Hyderabad (xviii) CS G. Ramakrishna Rao, Hyderabad (xix) CS S.V. Surya Narayana, Hyderabad (x) CS S.S. Marthi, Hyderabad

Type of Award : HYDERABAD CHAPTER PRIZE AWARDEndowment Amount : Rs.40,000/-Value of Award : Cash award of Rs.1,001/- per session of exam.Date of Commencement of Award

: Effective from June, 2010 Examination

Criteria of Award : To be awarded to a candidate who passes in all papers of the Executive Programme examination, at fi rst attempt, in one sitting, without claiming exemption in any paper and obtaining the highest marks in ‘Economic and Labour Laws’ paper, taking into account the performance of all successful candidates from Hyderabad Centre.

45

Student Services


LIST OF THE COMPANIES REGISTERED FOR IMPARTING LIST OF THE COMPANIES REGISTERED FOR IMPARTING TRAINING DURING THE MONTH OF JUNE - 2010TRAINING DURING THE MONTH OF JUNE - 2010

REGIONREGION TRAINING TRAINING TYPETYPE

STIPEND STIPEND (Rs).(Rs).

NORTHERNNORTHERN

Bhilwara Energy Limited Bhilwara Tower, A-12, Sector-1Noida-201301

03 Months Practical Training

Suitable

RayBan Sun Optics India Ltd. 7th Floor, DLF Building No. 9Tower-B, Phase-III,DLF Cyber City, Gurgaon-122002

15 Months Training

Suitable

Megha Technical & Engineers Pvt. Ltd. 281, Deepali, Pitam PuraDelhi-110034

15 Months Training

Suitable

STP Limited3rd Floor , Farm Bhawan14-15, Nehru PlaceNew Delhi-110019

15 Months Training

Suitable

Jaiprakash Power Ventures Limited Sector-128, Noida-201304

03 Months PracticalTraining

Suitable

Cement Manufacturing Company Ltd., 281, Deepali, PitampuraNew Delhi-110034

15 Months Training

3500

Bharti Reallty Holdings Limited Airtel Centre Tower-A, First Floor, Plot No. 16, Udyog Vihar-Phase-IVGurgaon-122015

15 Months Training

Suitable

Phoenix Contact India Pvt. Ltd. A-58/2, Okhla Industrial AreaPhase-2, New Delhi-110020

15 Months Training

Suitable

Carzonrent (India) Private Limited E-4, Jhandewalan Extension, Rani Jhansi RoadNew Delhi – 110055

15 Months Training

Suitable

One 97 Communications Limited B-121, Sector 5, Noida-201301

15 Months Training

Suitable

Compare Infobase Limited C-62, Janak Cinema ComplexJanakpuri, New Delhi-110058

15 Months Training

Suitable

WESTERNWESTERN

South West Port Limited Jindal Mansion 5A, Dr. Deshmukh MargMumbai-400026

15 and 03 Months Practical Training

4000

Samruddhi Industries Limited J-84, MIDC KupwadSangli-416436 Maharashtra

15 Months Training

Suitable

Makers Development Services Pvt. Ltd. Maker Tower ‘F’, 1st Floor85, Cuffe Parade, Mumbai - 400005


Suitable

Avesthagen Limited Discoverer, 9th Floor International Tech ParkWhitefi eld RoadBangalore-560066


Suitable

Bajaj Corp Limited 221, Solitaire Corporate Park 151, M. Vasanji RoadOpp. Apple Heritage Chakla, Andheri(E), Mumbai-400093


Suitable

Neesa Infrastructure Limited Cambay Sapphire132, Ft. Ring RoadAdjacent to Jivraj Park OverbrideVejalpur Crossing RoadAhmedabad-380050

15 Months Training

Suitable

Vodafone India Services Pvt. Ltd. Vodafone House, Corporate Road Prahlladnagar, Off S.G.HighwayAhmedabad-380051


3500-5000

Supreme Infrastructure India Limited, Supreme City, Hiranandani ComplexNear Chitrath Studio, PowaiMumbai-400076

15 Months Training

Suitable

Mahalaxmi Rubtech Limited 507, ChanakyaNr. Dinesh Hall, Ashram RoadAhmedabad-380002

15 Months Training

Suitable

BF Investment Limited 'Industry House', S. No.49, Opp. Kalyani Steels Ltd.,Mundhwa, Pune-411036


Suitable

Tips Industries Limited 601, Durga Chambers6th Floor, Linking RoadKhar (West), Mumbai-400052

15 Months Training

Suitable

Pipavav Shipyard Limited Pipavav Port, Post UcchaiyaVia-Rajula, Distt. AmreliPin-400023

15 Months Training

Suitable

Morgan Stanley India Financial Services Pvt.Ltd.3rd F, Piramal TowerPeninsula Park, G.K.MargLower Parel, Mumbai-400013

15 Months Training

Suitable

SOUTHERNSOUTHERN

Automotive Axles Limited Hootagali Industrial AreaOff. Hansur Road, Mysore-571186


Suitable

Laser Soft Infosystems Limited 100-A, Radha Avenue Sri Lakshmi NagarValasaravakkam, Chennai-600087


Suitable

Jumbo Bag Ltd. # 46, Halls Road KalpaukChennai – 600010


Suitable

IBS Software Services Pvt. Ltd. 5th Floor / NILA,Technopark CampusTrivandrum-695581, Kerala

15 Months Training

Suitable

EASTERNEASTERN

Emery Distributors Pvt. Ltd. 29A, Weston Street 2nd Floor, Room No. B 9Kolkata-700012


Suitable

46

Student Services


LIST OF PRACTISING MEMBERS REGISTERED FOR THE LIST OF PRACTISING MEMBERS REGISTERED FOR THE PURPOSE OF IMPARTING TRAINING DURINGPURPOSE OF IMPARTING TRAINING DURING

THE MONTH OF JUNE, 2010THE MONTH OF JUNE, 2010

BABITA AGARWALCompany Secretary In Practice D-93, Rosewood City, Sohna RoadSector 49-50, Gurgaon -122 018

PCSA – 2220

KUNJ BIHARICompany Secretary In Practice, Ist Floor, 970 Sector –21-D, Faridabad – 121 001

PCSA – 2221

SRIKANT RAGHAVENDRA GUDICompany Secretary In Practice 93, Hemanth Nagar Keshwapur, HubliKarnataka -580 023

PCSA – 2222

MANSI CHHABRCompany Secretary In Practice 2/11-B (Basement), Jangpura –ANew Delhi –110 014

PCSA – 2223

BABITA SINGH RAWATCompany Secretary In Practice 539 K/ 273, Shekhpur Kashaila Ravinrapalli, Indira Nagar,Lucknow – 226 016

PCSA – 2224

ANIL GAJANAN JANICompany Secretary In Practice 5/8, SEJ Plaza, 2nd Floor Marve RoadNext to Nutan High School, Malad (W)Mumbai -400 064

PCSA – 2225

MANJU BALACompany Secretary In Practice C-37, Rishi Nagar, Chawla ColonyBallabgarh, Faridabad

PCSA – 2226

CHINA VENKA KOTTACompany Secretary In Practice 402, Kamala Towers, St. No. 14,Himayath Nagar, Hyderabad – 500 029

PCSA – 2227

DHARMENDRA KUMAR DUBEYCompany Secretary In Practice Flat No. C-1, Building No. C-5/9Vashisht Park, New Delhi -110 046

PCSA – 2228

ASHISH SHARMACompany Secretary In PracticeNear Team Murti MandirShivaji Nagar Pilkhuwa,Ghazibad- 245 304

PCSA – 2229

RAVINDER KUMARCompany Secretary In Practice 612, Dalima Vihar,Rajpura (Punjab)- 140 401

PCSA – 2230

LALIT CHAWLACompany Secretary In Practice Apra North Ex Plaza, Plot No –2 G-9,Ground Floor, Netaji Shubash PlaceNew Delhi

PCSA – 2231

ABHISHEK MITTALCompany Secretary In Practice F-26, Iind Floor, West Patel NagarNew Delhi–110 008

PCSA – 2232

MUKUND MADHUSUDAN KALUSKARCompany Secretary In Practice Flat No 15, 3rd Floor, Tapovan Co. Op. Housing Society, Mogal Lane, Mahim (West)Mumbai – 400 016

PCSA – 2233

NEETU AGARWALCompany Secretary In Practice Chamber –5, Bhadra AssociatesIst Floor, Jai Laxmi ComplexFafadth, Raipur–492 001

PCSA – 2234

GOPAL DHANAJICompany Secretary In Practice Door No. 4-3-294, 2nd Floor, Old BhoigudaRashtra Path Road, Secunderabad–500 003

PCSA – 2235

ANITA AGARWALCompany Secretary In Practice 7-Jha-13, Ojha Bahwan, Raja Park Pulia No.-1Jawahar Nagar, Jaipur – 302 004

PCSA – 2236

TEJPAL V. SHETHCompany Secretary In PracticeC/404, Iscon Park, Opp. Om Tower SatelliteAhmedabad – 380 015

PCSA – 2237

PRAVEEN KUMAR KANUNGOCompany Secretary In Practice Chamber –5, Bhadra Associates Ist FloorJai Laxmi Complex, Fafadih, Raipur – 492 001

PCSA – 2238

HARSHIT SHAHCompany Secretary In Practice 107, Gokul Shopping CentreS.V. Road, Opp. Pantaloons ShowroomBoricli (West), Mumbai -400 092

PCSA – 2239

DATTATRAYA ANANT HEGDECompany SecretaRy In Practice No. – 1414, 23rd Cross, 3rd Block EastJayanagar, Bangalore- 560 011

PCSA – 2240

SANTOSH KUMARCompany Secretary In Practice H.No. -3, Laxman Puri, Chirya TolaLinepar, Moradabad -244 001

PCSA – 2241

V. LATHACompany Secretary In Practice 308, Royal Gold, 4A, YN Road, Indore -452 003

PCSA – 2242

JYOTI UPMANYU SHARMACompany Secretary In Practice C-17, 1st Floor, Paramount Tower,Community Centre, Janak Puri – 110 058

PCSA – 2243

PAWAN KUMAR DASCompany Secretary In Practice 37a, Bentick Street, 4th Floor, Room No. 404Kolkata -700 069

PCSA – 2244

G. RAMACHANDRANCompany Secretary In Practice No. 2, Ramanuja Nagar, Uppilipalayam PostCoimbatore -641 015

PCSA – 2245

V. VASUDEVCompany Secretary In Practice 1/1B, 2nd Floor Jungpura–BNew Delhi -110014

PCSA – 2246

47

Student Services


N O T I F I C A T I O NNo.ICSI/CS/04/2010

In pursuance of para 11 of the "Merit Scholarship (Company Secretaryship Course) Scheme 1983", the following students have been awarded `Merit Scholarships' for the Executive Programme and Professional Programme examinations on the basis of their meritorious performance in the Foundation Programme and Intermediate/Executive Programme Examinations of ‘company secretaryship' held in December, 2009:

Sl.No. Name of the Student Student Regn. No.FOR EXECUTIVE PROGRAMME1. DIVYA PARAMESWAR IYER 420728133/02/20102. RAHUL BAID 120395743/02/20103. EKTA AGARWAL 120385051/02/20104. KARAN NAHAR 120385836/02/20105. PRASHANTA KHAITAN 120377024/02/20106. SAURABH DHARIWAL 220840589/02/20107. KHYATI ASHOK KUMAR SHAH 420720001/02/20108. ANKIT JAJODIA 120375243/02/20109. JUHI AGARWAL 120378440/02/201010. YAGYESH LADIA 120379719/02/201011. ANCHAL AGARWAL 120392121/02/201012. SIDDHARTHA AGARWAL 120377374/02/201013. PRATIK GOYAL 120376250/02/201014. AKSHAY LOSALKA 120395073/02/201015. MAYANK SARAF 120390081/02/201016. PRITI JAIN 120378536/02/201017. RAHUL GUPTA 120383789/02/201018. NIDHI LAHOTI 120386349/02/201019. HARSHIKA KHANDELWAL 220828431/02/201020. AKSHAY GOLECHHA 320570485/02/201021. ANKITA SINHA 120368862/02/201022. AVISH MAHAJAN 220847247/02/201023. RADHIKA ANNAMRAJU 320566751/02/201024. RIKIN KETAN SHAH 420728149/02/201025. CHINTAN THACKER 120378621/02/201026. ROHIT CHORARIA 120390483/02/201027. RITIKA SHARMA 220834621/02/201028. POONAM PAREKH 420730556/02/2010FOR PROFESSIONAL COURSE1. RISHU GOYAL 220674439/02/20092. AKSHITA GUPTA 220689185/02/20093. ANITA CHATRANI 220684856/02/20094. SURAVI LODHA 120309826/02/20095. HARIHARAN L 320439833/08/20086. HEMALI DEEPAK THAKKAR 420560870/08/20087. VINAY UMERSHI VINCHHI 420590508/11/20088. PIYUSH KUMAR GOEL 120309953/02/20099. ANKITA MADANLAL JAIN 420602053/02/2009

10. KAVISH JALAN 120319982/02/200911. AVIRAL GOYAL 220685480/02/200912. LAXMIKANT KABRA 120309981/02/200913. SUDESHNA BASU 120273533/02/200814. RISHI KHATOD 220625731/08/200815. SAURABH VITHAL BHAT 420563589/08/200816. SHRUTI SHAILESH SHAH 420579556/08/200817. PAYAL GOLCHHA 420575357/08/200818. ADITI JAIN 120320155/02/200919. RAM KUMAR PUGALIYA 220660115/12/200820. VAIRAGYA JHAWAR 120309391/02/200921. RAHUL SARAF 120309401/02/200922. MANJUL PRAKASH 220643263/09/200823. VIJAY KUMAR 420598076/02/200924. SHIVAM DHANUKA 120309974/02/200925. GAURAV AGRAWAL 220673517/02/200926. DIVYA JAIN 220645293/08/2008

File No. 205 : Exams : D/2009dated the 15th June 2010New Delhi-110003

BY ORDER OF THE COUNCIL( N K JAIN )

SECRETARY & CEO

48

Student Services


N O T I F I C A T I O NNo.ICSI/CS/05/2010

In accordance with the “Merit-cum-Means Assistance (Company Secretaryship Course) Scheme, 1983”, as in force, the following students have been selected for award of “Merit-cum-Means Assistance” for Executive Programme and Professional Programme Courses on the basis of results of Foundation Programme and Intermediate/Executive Programme Examinations, December, 2009 and fulfi lling the eligibility criteria:

Sl. No.

Name of the Student Student Regn. No.

FOR EXECUTIVE PROGRAMME1. SUNIL KHAMESARA 220837164/02/20102. ABHINAY SOMANI 320566112/02/20103. Ms. RASHMI B V 320571668/02/20104. Ms. EKTA AGARWAL 120395106/02/20105. Ms. PAYAL MANGLA 220822545/02/20106. Ms. PRAGATI SHARMA 220851249/02/20107. SMIT SONI 420739589/02/20108. RUPESH KANODIA 120387819/02/20109. HARSH RANJAN 120368916/02/2010

10. MANISH DEV 120395642/02/201011. Ms. RUPAL SARRAF 220841267/02/201012. Ms. MAMTA SURKALI 220840829/02/201013. DHARMESH JAIN 220840796/02/201014. Ms. KOMAL 220853592/02/201015. Ms. P SIVASAKTHI 320561724/02/201016. ANUJ JAIN 220829287/02/201017. SHASHANK AGRAWAL 420735736/02/201018. Ms. PREETI GOEL 220822571/02/201019. TONJAM RAJNIKANTA SINGH 320571158/02/201020. AKASH SINHA 120370829/02/201021. Ms. GAYATREE NANDA 120397773/02/201022. SONU 120398914/04/201023. Ms. POOJA DIXIT 120380092/02/201024. ANUJ KUMAR 220846861/02/201025. DEVESH MUTREJA 220839521/02/2010

FOR PROFESSIONAL COURSE1. GOPAL KRISHNA LODHA 120315231/02/20092. Ms. ANU SHREE 120288051/08/20083. Ms. NEHA DHEMAN 220633006/08/20084. RAKESH YADAV 120290735/08/20085. LALIT GOYAL 220687298/02/20096. Ms. V REVATHY 120286648/07/20087. SHRINIVAS VISHWANATH

GONDKAR420571774/08/2008

8. DEEPAK TIBREWAL 320484601/02/20099. SUMIT KUMAR 120293097/08/2008

10. RAJKUMAR ASHOKCHAND KANKARIYA

420470173/02/2007

11. BAHUBALI MAHAVIR DESHMANE 420612317/02/200912. YOGESH RAMESHCHANDRA

KANKANI420530846/02/2008

13. VINAY KUMAR S R 320475560/02/200914. AMIT KUMAR 120293140/08/2008

15. ASISH JAISWAL 120289149/08/200816. SANJAY SINGAL 220672919/02/200917. Ms. AARTI GOKULDAS MUNDADA 420572548/08/200818. NIRAJKUMAR VINODKUMAR JAIN 420604941/02/200919. Ms. FARHA KHATOON 120310742/02/200920. Ms. ANUSHA G.A. 320480209/02/200921. NAGARAJ SHETTY 320482190/02/200922. Ms. VAISHNAVI P M 320484556/02/200923. SACHIN KUMAR AGARWAL 220668071/02/2009

File No. 207 : Exams : D/2009dated the 16th July 2010New Delhi-110003

BY ORDER OF THE COUNCIL( N K JAIN )

SECRETARY & CEO

NORTHERN INDIA REGIONAL COUNCIL REGULAR CLASSES THROUGH INTERACTIVE LEARNING

FOR JUNE, 2011, EXAMINATIONSDATE OF COMMENCEMENT OF CLASSES: 19th October, 2010VENUE: NIRC-ICSI, 4, PRASAD NAGAR INSTITUTIONAL AREA,

NEW DELHI-110005 STAGE TIMINGS NO. OF

LECTURESFEE (RS.)

DAYS

PROFESSIONAL PROGRAM Module I 7.30AM -9.30AM 60 3,500/- Alternate DaysModule II 7.30 AM -9.30 AM 60 3,500/- Alternate DaysModule III 5.30 PM -7.30PM 60 3,500/- Alternate DaysModule IV 5.30 PM -7.30PM 60 3,500/- Alternate DaysEXECUTIVE PROGRAMMODULE I 7.30 AM -9.30 AM

10.00 AM -12.00 Noon12.30 PM - 2.30 PM3.00 PM – 5.00 PM 5.00 PM – 7.00 PM

100 4,500/- Daily one lecture

MODULE II 7.30 AM -9.30 AM10.00 AM -12.00 Noon12.30 PM - 2.30 PM3.00 PM – 5.00 PM5.00 PM – 7.00 PM


FOUNDATION PROGRAM7.30 AM - 9.30 AM10.00 AM - 12.00 Noon12.30 PM - 2.30 PM3.00 PM – 5.00 PM5.00 PM – 7.00 PM


NOTE: � Each Lecture is of two hours duration. � Admission on fi rst come fi rst served basis. � Commencement of classes is subject to availability of suffi cient number of students in each batch. � The students undergoing Oral Coaching and passing the required eligibility tests need not to submit the response sheets under postal tuition scheme.

Interested students may deposit the fee at NIRC of ICSI, 4, Prasad Nagar Institutional Area, New Delhi-110005 by way of Demand Draft in favour of the NIRC of ICSI payable at New Delhi.

For further details contact: NIRC of the ICSI.Tel.: 011-49343005, 25763090, 25767190, Tele fax: 011-25722662, Email: [email protected]; [email protected].

(ADMISSION OPEN)

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4.3

0 P

M1.

30 P

M T

O 4

.30

PM

FOU

ND

ATI

ON

FO

UN

DA

TIO

N

PRO

GR

AM

ME

PRO

GR

AM

ME

(NEW

SY

LLA

BU

S)

(NEW

SY

LLA

BU

S)

PRO

FES

SIO

NA

L PR

OG

RA

MM

EPR

OFE

SS

ION

AL

PRO

GR

AM

ME

(NEW

SY

LLA

BU

S)

(NEW

SY

LLA

BU

S)

FIN

AL

FIN

AL

(OLD

SY

LLA

BU

S)

(OLD

SY

LLA

BU

S)

EXEC

UTI

VE

EXEC

UTI

VE

PRO

GR

AM

ME

PRO

GR

AM

ME

(NEW

SY

LLA

BU

S)

(NEW

SY

LLA

BU

S)

26.1

2.20

10S

unda

yE

nglis

h an

d B

usin

ess

Com

mun

icat

ion

Com

pany

Sec

reta

rial P

ract

ice

(MO

DU

LE-I)

Adv

ance

d C

ompa

nyLa

w a

nd P

ract

ice

(GR

OU

P-I)

Gen

eral

and

Com

mer

cial

Law

s(M

OD

ULE

-I)

27.1

2.20

10M

onda

yE

cono

mic

s an

dS

tatis

tics

Dra

fting

, App

eara

nces

and

P

lead

ings

(MO

DU

LE-I)

Sec

reta

rial P

ract

ice

rela

ting

to

Eco

nom

ic L

aws

and

Dra

fting

&

Con

veya

ncin

g(G

RO

UP

-I)

Com

pany

Acc

ount

s,C

ost &

Man

agem

ent

Acc

ount

ing

(MO

DU

LE-I)

28.1

2.20

10Tu

esda

yFi

nanc

ial A

ccou

ntin

gFi

nanc

ial,

Trea

sury

and

Fore

x M

anag

emen

t(M

OD

ULE

-II)

Sec

reta

rial M

anag

emen

tan

d S

yste

ms

Aud

it(G

RO

UP

-I)

Tax

Law

s(M

OD

ULE

-I)

29.1

2.20

10W

edne

sday

Ele

men

ts o

f Bus

ines

s La

ws

and

Man

agem

ent

Cor

pora

te R

estru

ctin

gan

d In

solv

ency

(MO

DU

LE-II

)

Fina

ncia

l, Tr

easu

ryan

d Fo

rex

Man

agem

ent

(GR

OU

P-II

)

Com

pany

Law

(MO

DU

LE-II

)

30.1

2.20

10Th

ursd

ay

Stra

tegi

c M

anag

emen

t, A

llian

ces

and

Inte

rnat

iona

l Tra

de(M

OD

ULE

-III)

Cor

pora

te R

estru

ctin

g –

Law

and

Pra

ctic

e(G

RO

UP

-II)

Eco

nom

ic a

ndLa

bour

Law

s(M

OD

ULE

-II)

31.1

2.20

10Fr

iday

Adv

ance

d Ta

x La

ws

and

Pra

ctic

e(M

OD

ULE

-III)

Ban

king

and

Insu

ranc

e —

Law

and

Pra

ctic

e(G

RO

UP

-II)

Sec

uriti

es L

aws

and

Com

plia

nces

(MO

DU

LE-II

)

01.0

1.20

11S

atur

day

Due

Dili

genc

e an

d C

orpo

rate

C

ompl

ianc

e M

anag

emen

t(M

OD

ULE

-IV)

Wor

ld T

rade

Org

anis

atio

n —

Inte

rnat

iona

l Tra

de, J

oint

Ven

ture

s an

d Fo

reig

n C

olla

bora

tions

(GR

OU

P-II

I)

02.0

1.20

11S

unda

y

Gov

erna

nce,

Bus

ines

s E

thic

san

d S

usta

inab

ility

(MO

DU

LE-IV

)

Dire

ct a

nd In

dire

ct T

axat

ion

–La

w a

nd P

ract

ice

(GR

OU

P-II

I)

03.0

1.20

11M

onda

y

Hum

an R

esou

rces

Man

agem

ent

and

Indu

stria

l Rel

atio

ns(G

RO

UP

-III)

student company secretary aug 2010

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