Professional Documents
Culture Documents
Volume : XXV
Pages 1 - 40
March 2008
INSIDE
u From the President
u Academic Guidance
u Legal World
u Student Services
u News and Announcements
3
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2. On the student being registered de novo he will be given credit for
GUIDELINES FOR the oral or postal tuition completed during the validity of his previous
REGISTRATION DE NOVO registration in the corresponding paper{s) of the new syllabus. Such
a student shall not be supplied with the study material afresh. Study
Registration de novo pursuant to regulation 22 read with sub-regulation material can, however, be had on payment of Rs. 160 per subject.
(2) of regulation 24. Student Company Secretary' will be sent free of cost during the validity
(A) GuidelInes for candidates seeking registration de novo within period of registration de novo from the month subsequent to the month
two years of the expiry of previous registration. in which the student was registered de novo.
1. A person whose registration has been cancelled on expiry of 3. The registration de novo will be valid for a period of five years from
five- year period or otherwise may within two years of cancellation the month in which the student has been registered de novo.
of former registration seek registration de novo on payment of (C) No candidate shall be registered as a student de novo, if he
the following fees: applies after five years of the expiry of his former,
(I) Registration fee Rs. 1100 w.e.f. 1.4.2004. registration. He may seek fresh registration as a student
(II) (a) Where a student has not completed coaching for and no credit for the fees paid or examination passed under
both groups of Intermediate course/all groups of Final the former registration will be admissible on his registration
course, balance of Rs. 2750 which is revised to Rs. as a fresh student under any circumstances.
3800/- w.e.f. 01.04.2004 of the postal tuition fee if
enrolled for Intermediate or balance of Rs. 3200, GUIDELINES FOR SEEKING
which is revised to Rs. 4200/- w.e.f. 01.04.2004 if
enrolled for Final course, as the case may be, after EXTENSION OF REGISTRATION
adjusting the amount paid on this account earlier.
However, credit for having completed coaching in a INTERMEDIATE EXAMINATION
particular group may be given if the coaching No extension of registration will be allowed to any student if he has
completion certificate has not been issued due to not passed/completed the Intermediate examination during the validity
invalid registration or any other reason. of registration period. All such students will have to seek registration
(b) Postal tuition fee of Rs. 3200 which is revised to Rs. de novo only.
4200/- w.e.f. 01.04.2004 in the case of students who FINAL EXAMINATION
have passed the Intermediate examination but not 1. Students whose registration expires between 28th/29th February
enrolled for the Final course. and 31st May and between 31st August and 30th November will be
(c) Arrears of postal tution fee, if due, under former allowed extension of time without payment of extension of registra-
registration where the students have been issued tion fee, for the limited purpose of appearing in the ensuing June or
with coaching completion certificate(s) for both December examination respectively, as the case may be.
groups of Intermediate/all groups of Final course. 2. Registration of a student may be extended beyond a period of five years
2. On the student being registered de novo he will be given credit for on year-to-year basis for appearing in the Final examination : (i) if he has
the oral or postal tuition completed during the validity of his previous completed postal/oral coaching and has been issued with coaching
registration in the corresponding paper(s) of the new syllabus. Such completion certificate for all groups of the Final examination under the
a student shall not be supplied with the study material afresh. Study new syllabus during the validity of the previous registration period or has
material can, however, be had on payment of Rs. 160 per subject. passed at least one group of the Final examination under the new syllabus
Student Company Secretary will be sent free of cost during the validity during the validity of the previous registration period; and
period of registration de novo from the month subsequent to the month (ii) makes an application for extension of regisration period alongwith
in which the student was registered de novo. requisite fee within six months from the date of expiry of registration
(B) GuidelInes for candidates seeking registration de novo af- or within six weeks of the declaration of results of the last examination
ter two years of the expiry of previous registration. in which he appeared, whichever is later.
1. A person whose registration has been cancelled or has terminated 3. Extension of registration shall be granted for one year only at a
on expiry of five-year period and has not sought registration de novo time on payment of extension of registration fee of Rs. 300 per annum,
within two years of the expiry of former registration may seek arrears of fee, if any, under the previous registration and service
registration de novo within 5 years of the cancellation/termination of charges @ Rs. 150 per group for which the student has not been
his former registration on payment of the following fees: issued with the coaching completion certificate for the Final course.
Rs. 4. On the students application for extension of registration being
(i) Registration fee 1100 accepted by the Institute, the extended period will be counted in
(ii) Exemption fee for continuation of his previous registration. He will also continue to bear
(a) Foundation Examination 350 the same registration number.
(b) Intermediate Examination 5. No student will be alIowed more than two extensions including the
(if already passed) 350 extension, if any, already availed under the old/new syllabus, for
(iii) Paperwise exemption fee completing the Final examination under the new syllabus.
(a) Intermdiate 100 per paper 6. A student who completes the Final examination (of the Institute)
(b) Final 100 per paper during he extended period of registration will be required to comply
(iv) Where a student has not completed coaching for both groups of with the practical experience and practical training requirements as
the Intermediate course/all groups of Final course, balance of Rs. 3800/- applicable to candidates who registered as students on or after
w.e.f. 01.04.2004 of the postal tuition fee, if enrolled for Intermediate or 30.1.1985.
balance of Rs. 4200/- w.e.f. 01.04.2004, if enrolled for Final course as 7. Study material will not be supplied on seeking extension of
the case may be. However, credit for having completed the coaching registration. However, it can be had on payment of Rs 160 per subject
in particular group may be given if the coaching completion certificate 8. A student, on being granted extension of registration, shall be eligible
has not been issued due to invalid registration or any other reason. to get the Student Company Secretary from the month next to the
(v) Rs. 4200 w.e.f. 01.04.2004 in the case of students who have passed month in which his application for extension of registration is accepted
the Intermediate but not enrolled for the Final course. by the Institute.
(vi) Arrears of postal tuition fee, if due, under former registration where 9. The Secretary may, on being satisified that application of any of
the students have been issued with coaching completion certificates the guidelines, would cause undue hardship to a candidate, may relax
for both groups of Intermediate/all groups of Final course. any of the said guidelines by recording reasons in writing.
Volume No. XXV
Student Company Secretary ISSN 0972-2874
March 2008
3
ANNUAL SUBSCRIPTION Rs. 50
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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 : 24617321-24,
24644431-32, 41504444
Grams : Compsec
Fax : 91-11-24626727
E-mail : info@icsi.edu
Website : http://www.icsi.edu
Printed at Daily Tej Pvt. Ltd.
8-B, Bahadurshah Zafar Marg,
New Delhi
Phone : 42225134, 42225111
The Institute is not in anyway
responsible for the result of
any action taken on the basis
of the advertisements
published in this Bulletin.
Dear students,
A dream is born out of your thoughts. Thoughts are born out of your capacity to imagine.
Imagination is what differentiates a human being from the animal world. Therefore, your
imagination leading to your thoughts and the thoughts leading to your dreams no longer make
the dreams to remain imaginary. Nay, i may say that dreams are part of the larger reality, the reality of the future while the
future itself gets birth out of the present. Time present and time future are the two sides of the same coin if you are
committed to your future right at the present moment. Time present and time past are both contained in time future.
Therefore, your realization of your own dreams depends upon your committed actions and self-belief at the most precious
present moment. Whether you do achieve what you want to achieve depends upon the intensity of your self-belief and of
your commitment to yourself. Your future is in your hands provided you are prepared to welcome even the disappointments
and the untowards within your stride as you tread along.
Many successful business people are hailed as visionary leaders. On careful inspection they are found to be individuals
who hold firmly to a simple set of commitments, usually grounded in beliefs such as the best product money can buy or
"the highest possible customer service. It is the strength of these commitments, religiously followed, that led to their
business success.
Commitment is the most important single factor in individuals success. Commitment means a willingness to look for a
better way and learn from the process. It focuses on eliminating complacency, confronting what is not working, and providing
incentives for improvement. Our level of commitment plays a key role in the process of creating a satisfying professional
career. When people are under committed to their careers, they tend to get lousy results. When their minds get clear about
what they want and commit themselves to creating it, however long it takes, they usually get there in some fashion.
Commitment ignites action. To commit is to pledge yourself to a certain purpose or line of conduct. It also means
practicing your beliefs consistently. There are, therefore, two fundamental conditions for commitment. The first is having a
sound set of beliefs. The second is faithful adherence to those beliefs with your behavior. Perhaps the best description of
commitment is persistence with a purpose.
In the global competitive environment, we can not compromise with professional excellence. It should be our endeavour
to strive for excellence. It is equally true that the pathway to excellence is not smooth. It is turbulent. You as aspiring
professionals must cope with the ebb and flow of development if you are to realise your potential. If you chase your goals
with real commitment and determination, you hold the power to mould and shape your professional life the way you like.
Commitment is an internal decision, not something that can be forced from outside. Commitment occurs when your
thoughts and emotions are pointing in the same direction. If you make a mental decision but do not feel right about it, you
are not committed. If you make an emotional decision that does not sit well with your intellect, you are not committed. Half-
brained decisions will usually fizzle within a matter of days. The only real commitments are those that engage both your
mind and emotions.
It is one of the important goals almost of every professional to enjoy a successful professional career. But very rarely do
people just fall into the career of their dreams. It takes a combination of proactive thought and action. While the steps to get
there may require a lot of effort, they are rarely unknowable or shrouded in mystery. It is usually just a matter of putting in
the time and persisting.
Day to day, commitment is demonstrated by a combination of two actions. The first action is called supporting. Supporting
means concentrating on what adds value, spotlighting whats working, and rewarding others who are focusing on what is
important and leading by example. The second action underlying commitment is called improving. Improving stretches our
Student Company Secretary 3 March 2008
From The President
commitment to an even higher level. It is the combination of both supporting and improving behaviors that makes up the
practice of commitment.
Today, company secretaries profession occupies a pivotal position in the corporate sector and the parameters for our
success are widening their contours. It is well said that success lies not in achievement but in the process that embeds
constant creative effort. Within ourselves we have to launch a continuous search for the deepest seat of personal inspiration
and sow it with the seed of creative passion. As is said, it is for one to cleave the center of a drop of water as from it issue
a hundred oceans. As you would appreciate I am talking of self-motivation. The motivation that we need to fund ourselves
enormously with, for it is us and only us that will spread the trust that Company Secretary can and will meet expectations
that will spread and multiply at will. This is the reason why the Institute is embarking on activities and programmes that are
futuristic as well as of current importance to fast realize the Vision of our profession.
My two day meeting with the Chairpersons of Regional Councils and Chapters was definitely a motivating interaction
building a sense of positive team spirit to enhance the level and quality of services to members and students. The Chairpersons
and executive heads of all Regional Councils and A-1 and A Grade Chapters were very positive in the meeting. Their
motivation level was astonishing. The group morale showed great team spirit. With this kind of enthusiasm and creativity, I
am sure the services to members and students and career awareness programs for prospective students and their parents
and teachers will witness a high quality and great effectiveness.
Friends, I would like to congratulate those of you who have been declared successful in the December 2007 examinations.
Those of you who have not been able to clear the examinations this time should not feel discouraged as failure ultimately is
an intrinsic part of professional environments. You have to deal with success and failure. The best thing is to try to learn from
each event and capitalize on it. Mistakes lead to future growth. It is useful admitting why things went wrong and thinking
about what I am going to do to stop it happening again. Be optimistic and think positive. This will help you capture your
positive spirit again. Positive thinking will enable you to look forward to challenges with anticipation, eagerly awaiting
whatever life throws at you, bursting to make the best out of yet another opportunity. Youll feel better within yourself and
confident to make changes, always looking on the bright side.
In this context, I am pleased to inform you that CCRT is organizing 21st Residential SMTP at ICSI- CCRT, Navi Mumbai
commencing from 29th March to 13th April 2008. The 21st Residential SMTP has been planned with special emphasis on
Management Subjects and time-tested and well-appreciated methodologies on imparting training including an input on
Yoga and Meditation in the morning hours. In addition to the subjects covered in any SMTP, there will be programmes in the
evening on topics of practical and general managerial relevance. I advise you to avail of this unique opportunity. Attending
Residential SMTP at CCRT will be an experience by itself for you as it provides all the facilities enabling students to interact
with the expert faculty, senior academics and corporate leaders.
On this note, I would like to conclude by stating that our commitments hold the power to mould and shape our world. Who
we choose to be in the expression of these will define our future and that of our children; shape our communities, our
cultures and our systems. Demonstrating commitment is hard work. Wavering commitment is usually seen as no commitment
at all. The only way to achieve a reputation for commitment is through determination and persistence. Genuine commitment
stands the test of time.
Yours sincerely,
That challenges before the Union Finance Minister constituted For development of world class skills and reaping the demographic
overwhelming pressures as he proceeded to frame the Union Budget dividend for the economy the Budget proposes to establish a non-
may be a starter for an article on any Union Budget. Union Budget, profit corporation with an initial equity of rupees 1000 crore.
2008 is no exception; in fact, it deserves more consideration as it The increase in health sector allocation by fifteen per cent to rupees
was presented on an unenviable background. World economy has 16534 crore, going by the statistic that the total expenditure is only
been showing signs of recession with global financial markets facing 1.39 per cent of the GDP, may not again be adequate. The Indian
unprecedented crisis through the sub-prime mortgages in the US. health standards are already very low.
Oil prices touched a hefty US dollars 100 a barrel. Gold and bullion
prices showed a dramatic surge as the metal was used to hedge Capital and Commodity Markets
against the falling dollar. While the Government coffers are bulging In accordance with the recommendations of R H Patil Committee
with a growth in tax collections touching 70per cent gaining from the Government proposes to create an exchange-traded market for
high growth rates in the last three years, expenditure on subsidies corporate bonds. It will take measures to develop the bond, currency
bulged to overtake the entire defence budget. Demands for agriculture and derivatives markets that will include launching exchange-trading
loan waiver rose to an enormous rupees 90,000 crore. Domestic currency and interest rate futures and developing a transparent credit
industry suffered pressures from the rising rupee and high interest derivatives market.
rates in addition to the impending global economic slowdown. The
economy as a whole faced pressures of deceleration in growth rate It will not be out of context to note some historical aspects of interest
while over 220 million people are still below the poverty line with rate futures (IRFs) here. When it was decided to introduce IRFs on
elections round the corner. Inflation needed to be guarded against NSE, guidelines were issued by RBI to enable RBI regulated entities
with simultaneous thrust being given to push the rate of growth. While to participate. IRFs are one-to-three month contracts. The underlyings
domestic savings had gone up to a never-before 35 per cent rate, are futures contracts on notional 91-day Treasury Bills, futures
investment needed a push to corporate profitability. 6 th Pay contracts on notional 10 year coupon bearing bond and futures
Commission Report being due in March-April 2008, the salary hike contracts on 10 year notional 10 year zero-coupon bonds. The mode
was likely to consume around 1 per cent of the GDP accelerating of settlement was cash settlement with respect to the price of the
inflationary pressures unless backed by increase in agricultural and notional bonds prevailing on expiration date. A notional bond, as per
industrial production and investment. In that light or if one may say the Renters Financial Glossary is a standardized bond with hypothetical
on the background of the settings darkness, this articles examines terms (coupon and maturity), which represents the basis for a bonds
the policy and programs set out in the Union Budget, 2008. futures contract.
Agriculture While banks were allowed to use futures only to hedge their G-sec
investment in Held for Trading (HFT) and Available for Sale (AFS)
While the agricultural growth rate estimated at 2.7 per cent clocked categories. PDs were allowed to deal in interest rate derivatives (IRDs)
a closer-to-the-target growth rate of 3.8 per cent, contribution of for both hedging and trading. However, due to lack of liquidity of the
agriculture to the GDP had declined to 18.5 per cent and by the growth exchange traded futures market, SEBI in consultation with FIMMBA
rate measure agricultural sector was being considered a laggard. Gross simplified futures contracts on a 10-year notional bond, which is priced
capital formation in agriculture as a proportion of the GDP in the on the basis of yield to maturity (YTM) of a basket comprising of three
agriculture sector has improved from a low of 10.2 per cent in 2003-04 bonds with maturity ranging from 9 to 11 years.
to 12.5 per cent in 2006-07. It is necessary that in order to achieve the
The proposal to introduce IFRs is expected to help stabilization of
necessary investment in agriculture that this rate goes to 16 per cent
stock markets and strengthen the debt market.
in the Eleventh Plan if the target growth rate of 4 per cent is to be
achieved. The Government will enhance tradability of domestic convertible
bonds by putting in place a mechanism to separate the embedded
In order to give relief to farmers, in accordance with the
equity option from the convertible bond and to trade it separately.
recommendations of the Dr. R Radhakrishna Report on agricultural
indebtedness, the Finance Minister has proposed a scheme of debt The Government will also encourage the development of a market-
waiver and debt relief for small (holding upto one hectare) and marginal based system for classifying financial instruments based on their
farmers (one two hectare) which will cost rupees sixty thousand crore. complexity and implicit risks.
Education and Health In order to encourage corporate bond market, the budget proposes
to exempt from TDS corporate debt instruments issued in demat form
The Budget proposes to increase the allocation for the education
and listed on recognized stock exchanges.
sector by 20 per cent to rupees 34400 crore in 2008-09. The statistics
tells that the total expenditure on the education sector was only 2.84 The raising of the short-term capital gains tax rate from ten per
per cent of the GDP in 2006-07. The increase of 20 per cent may not cent to fifteen per cent will encourage investors including foreign
therefore, be adequate considering the need to take advantage of the investors to stay invested for a longer term.
demographic dividend in the longer term. It proposes to establish one The Budget proposes to introduce Commodities Transaction Tax
Central University in each of the uncovered States by establishing 16 on the similar lines as Securities Transaction Tax. The STT is payable
Central Universities in 2008-09 to begin with. in respect of the taxable securities transactions on the value of such
In accordance with the recommendations of the National Knowledge transaction either by the purchaser or the seller as provided in section
Commission the Government will inter-connect all knowledge 98 of Finance (No 2) Act, 2004. The securities transaction tax paid by
institutions through electronic and digital network. the assessee under Income Tax Act in respect of the taxable securities
1. Prepared by B.K. Kulkarni, Director (Academics), The ICSI. 2. Source: PIB Press Release dated 28.2.2008.
ATTENTION STUDENTS!
Applicability of Latest Finance Act and other changes for
Company Secretaries June 2008 Examination.
DIRECT TAXES
All students may note that for the June 2008 Examination session,
in respect of Direct Taxes, the applicable Assessment Year shall
be 2008-09 (Previous year 2007-08).
Thus, they will have to study Finance Act, 2007 for June 2008
examination. Further, as per the syllabus, students are required
to update themselves about all the Circulars, Clarifications,
Notifications issued by CBDT & Central Government, which come
in to effect on or before 6 months prior to the date of the respective
Examination.
Gift Tax Act has been excluded from the scope of examination
from December 1999 session onwards unless otherwise informed.
INDIRECT TAXES
Students appearing in the Tax Laws (Indirect Tax portion to the
extent of topics covered in the syllabus) and Direct and Indirect
Taxation-Law and Practice (Indirect tax portion) paper of the
Intermediate and Final Courses respectively may take note of the
following changes applicable for June 2008 Examination:
1. All changes made by the Finance Act, 2007.
2. All Circulars, Clarifications/Notifications issued by CBE&C/
Central Government which became effective six months prior
to the date of examination.
4. Elements of Business Laws and Management. 12. Securities Laws and Regula- Securities Laws and Compli-
tion of Financial Markets ances
CS EXECUTIVE PROGRAMME Final Course CS Professional Programme
Module-I Group-I Module-I
1. General and Commercial Laws 13. Advanced Company Law Company Secretarial Practice
2. Company Accounts, Cost and Management Accounting & Practice
3. Tax Laws 14. Secretarial Practice Relating Drafting, Appearances and
to Economic Laws & Drafting Pleadings
Module-II
& Conveyancing
4. Company Law
15. Secretarial Management & Due Diligence & Corporate
5. Economic and Labour Laws Systems Audit Compliance Mgt. (Module-IV)
6. Securities Laws and Compliances Group-II Module-II
CS PROFESSIONAL PROGRAMME 16. Financial, Treasury & Forex Financial, Treasury & Forex
Management Management
Module-I
17. Corporate Restructuring Corporate Restructuring &
1. Company Secretarial Practice
Law and Practice Insolvency
2. Drafting, Appearances and Pleadings
18. Banking & Insurance Law and Governance, Business Ethics &
Module-II Practice Sustanability (Module-IV)
3. Financial, Treasury and Forex Management Group-III Module-III
4. Corporate Restructuring and Insolvency 19 World Trade Organisation, Strategic Management, Alli-
Module-III International Trade, Joint Ventures ances and International Trade
and Foreign Collaboration
5. Strategic Management, Alliances and International Trade
20 Direct and Indirect Taxation Advanced Tax Laws and
6. Advanced Tax Laws and Practice Law and Practice Practice
Module-IV 21 Human Resources Manage- Governance, Business Ethics
7. Due Diligence and Corporate Compliance Management ment and Industrial Relations and Sustainability (Module-IV)
8. Governance, Business Ethics and Sustainability 7. Students switching over to the News Syllabus shall be eligible to
Student Company Secretary 25 March 2008
Guidelines for Switch Over to New Syllabus
seek exemption in the corresponding subject(s) of the New Sylla- LIST OF INSTITUTES EMPANELLED IN IMPARTING THE ORAL
bus on the basis of having passed/secured exemption in any in-
COACHING FACILITIES TO THE CS STUDENTS UNDER PUBLIC/
dividual subject/group under the Old Syllabus as per table of cor-
PRIVATE PARTNERSHIP SCHEME
responding exemptions noted above.
8. Similarly, students who have partially completed coaching, shall S. Name & Address of Validity for CS Session
be exempted on their switechover from undergoing coaching in No. Empanelled Institutions of Examination
the corresponding subject(s) of the New Syllabus on the basis of
their having completed coaching in the individual subject(s) EASTERN INDIA REGIONAL COUNCIL
group(s) under the Old Syllabus as per the table of correspond- 1. Institute for Inspiration & Self December07 & June08
ing exemptions given in para-5 above. They shall be required to Development Sessions of CS
undergo and complete coaching in the remaining subjects in 1-B-200/1, Sector-III, Examinations.
order to become eligible to appear in a particular group under the Salt Lake City
New Syllabus. Credit for the response sheets already submitted Kolkata-700 016
under the Old Syllabus for any subject shall be available where
there is a corresponding subject under the New Syllabus. Such 2. M/s Jain Classes June'08 & December'08
students are required to submit response sheets for the remain- First Floor, Dey Complex Sessions of CS
ing subjects under the New Syllabus. Outer Circle Road, Bistupur Examinations
9. Consequent upon compulsory switchover to the New Syllabus, Jamshedpur-831001
study material shall not be supplied free of cost. However, mak- NORTHERN INDIA REGIONAL COUNCIL
ing the payment towards its cost @ Rs. 120/- per subject can
purchase study material under the New Syllabus. 3. M/s BRM Academy June'08 & December'08
10. Please note that once a candidate has been switched over to the Kumbha Circle, Azad Nagar, Sessions of CS
New Syllabus, he/she shall not be allowed to revert to the Old Bhilwara-311001 (Rajasthan) Examinations
Syllabus under any circumstances. WESTERN INDIA REGIONAL COUNCIL
Note : In case interested to switch over to the New Syllabus
for CS Foundation Programme, you are advised to opt for the 4. Career Classes December07 & June08
same on Declaration of the results for June' 08 of CS 303, Shalimar Corporate Center Sessions of CS
Examination vis-a-vis while seeking the enrolment to appear 8, South Tukoganj, Near Hotel Examinations.
in December '08 Session onwards of CS Foundation Balwas, Indore (M.P)
Programme Examination. 5. Institute of Management December07 & June08
Note : In case interested to switch over to the New Syllabus Training & Research Sessions of CS
for CS Executive Programme, you are advised to opt for the Artha Complex, 2nd Floor Examinations.
same on Declaration of the results for June '08 of CS Near IMA House and Tapdiya
Examination vis-a-vis while seeking the enrolment to appear Terrace, Off. Adalat Road
in December '08 Session onwards of CS Executive Programme Aurangabad-431 001 (M.S)
Examination.
6. M/s Career Consultant December'07 & June'08
And 3018, Trade House, Ring Road Sessions of CS
Similarly if interested to switch over to the New Syllabus for Surat-395002 Examination.
CS Professional Programme, you are advised to opt for the
same on Declaration of the results for December '08 of CS 7. Madhu Jas Promotions Pvt. Ltd. June '08 & December '08
Examination vis-a-vis while seeking the enrolment to appear 12/1, Dr. Sarju Prasad Marg Sessions of CS
in June '2009 Session onwards of Professional Programme Behind Kanchan Hotel Examination.
Examination. Near Gokuldas Hospital
Indore-452001
8. Tolani Commerce College June '08 & December '08
P.O. Box No. 27 Sessions of CS
CLARIFICATION REGARDING HINDI MEDIUM Adipur (Kachchh) 370205 Examinations
Queries are often being received by the Institute with regard to the SOUTHERN INDIA REGIONAL COUNCIL
option of medium for pursuing the Company Secretaryship Course.
9. Mohans Institute of Company December07 & June08
It is clarified that the students may opt for pursuing the course Secretaries, Sreyas Sessions of CS
in English/Hindi medium. However, the study material at present is Chettiparambil Lane Examinations.
available in English medium only. In any case, the students can Thekkumbhagam, Tripunithura
enjoy the facility of submitting their response sheets to the test Ernakulam (Distt.), Kerala-682301
papers under the Postal Tuition Scheme in English or Hindi medium. 10. St. John Foundation June '08 & December '08
Similarly, they can opt to write the Institutes main examination in Little Kingdom Montessori Sessions of CS
English or Hindi Medium. School Compund Examinations.
338/3, West of Medical College
As regards writing of examination, the option is to be exercised Nagercoil, Kanyakumari Distt.
while filling up the examination form as and when the students intend Asaripallam-629201
to appear in the examination. This option is to be exercised on group
11. Dr. G.G. Shetty Educational June'08 & December'08
wise basis and not on individual paperwise basis. Answering to test Society, Raghu Nivas, Near Sessions of CS
papers and writing examination partly in English and partly in Hindi Durga Devi Temple, Fort, Examinations
medium is not permissible. Dharwad-580008
The schedule of other SMTPs proposed to be conducted by NIRC, SIRC and ICSI-CCRT during 2008 is as under:
NIRC : (i) 21.05.2008 to 07.06.2008 (ii) 10.06.2008 to 27.06.2008 (iii) 04.08.2008 to 22.08.2008 (iv) 01.09.2008 to 18.09.2008 (v) 19.09.2008
to 07.10.2008 (vi) 03.11.2008 to 21.11.2008 (vii) 01.12.2008 to 19.12.2008. SIRC : (i) 30.06.2008 to 16.07.2008 (ii) 15.09.2008 to 01.10.2008.
ICSI-CCRT : (i) 18.04.2008 to 03.05.2008 (Residential SMTP) (ii) 20.09.08 to 06.10.2008 (Residential SMTP) (iii) 17.05.2008 to 06.07.2008
(Special Residential SMTP, 15 week - ends)
Bangalore 08.09.2008 Office Executive Officer & Programme Co-ordinator, Bangalore Chapter of ICSI,
Chapter of to Premises Sheriff Chambers, 3rd Floor, Rear Block 14, Cunningham Road,
SIRC of the 12.09.2008 Bangalore-560052 Tel. 080-22286574/22287158, Fax: 22261861, E.Mail:
ICSI bangalore@icsi.edu
NIRC of 24.03.2008 The Executive Officer, NIRC of the ICSI, ICSI-NIRC Building, Plot No. 4,
the ICSI to Office Premises Prasad Nagar, Institutional Area, New Delhi-110005 Tel. : 25763090/
28.03.2008 25767190, 25816593 Fax : 25722662 (STD CODE : 011)
E-mail : niro@icsi.edu/icsi@eth.net
SIRC of 16.06.2008 Deputy Director, SIRO of the ICSI, ICSI-SIRC Building, New No. 9,
the ICSI to Office Premises Wheat Crofts Road, Nungambakkam, Chennai-600034 Tel. : 044- 28279898/
20.06.2008 28222212 E-mail : siro@icsi.edu/ icsisiro@md3.vsnl.net.in.
Ahmedabad 25.03.2008 The Executive Officer, Ahmedabad Chapter of ICSI, ICSI-Maneklal Mills Complex,
Chapter of WIRC to Office Premises S-2, B Tower, Chinubhai Towers, Ashram Road, Ahmedabad-380009. Tel:
of the ICSI 29.03.2008 079-26589343/30918705, Fax : 26587965 E.mail: icsiabad@icenet.net.
The schedule of other TOPs proposed to be organised by NIRC and SIRC is as under : NIRC : (i) 12.05.2008 to 16.05.2008 (ii) 01.07.2008 to
05.07.2008 (iii) 15.07.2008 to 19.07.2008 (iv) 26.08.2008 to 30.08.2008 (v) 13.10.2008 to 17.10.2008 (vi) 20.10.2008 to 24.10.2008 (vii) 25.11.2008
to 29.11.2008 SIRC : (i) 13.10.2008 to 17.10.2008.
This landmark decision will undoubtedly have a far reaching impact on the entire Oral Coaching System under
the Company Secretaryship Course and it provides a golden opportunity to reputed Coaching Centres in the private
sector to get associated with one of the premier professional institutes in India constituted under Company Secretaries
Act, 1980, functioning under the administrative jurisdiction of Ministry of Corporate Affairs, Government of India.
The Institute invites applications from interested institutions for conducting Oral Coaching Classes for CS
Students under the aforesaid Scheme. The Regional Councils/ Chapters/ Satellite Chapters of the Institute scattered
all over India have been authorized to scrutinize and forward the applications to Headquarters after preliminary
assessment of infrastructure, etc. in the respective areas along with their recommendations. For format of application,
comprehensive guidelines and modus operandi of the Scheme, please visit the Institutes website www.icsi.edu
OR send an application directly to:-
STATUS OF TRAINING
(Period from 01-02-2008 to 29-02-2008)
15 Months Training with Company/Company Secretary in Practice and 03 Months & 15 days Practical Training
STAGE-I STAGE-II
Biodata of the students sent to the companies/company Students sponsored for training
secretaries in practice for consideration
APPLICATIONS CASES
Pending Received Forwarded for Pending Pending Received No. of students Pending
Training as on during the consideration as on as on during who have actually as on
Type 31.01.08 month (upto 29.02.08) 29.02.08 31.01.08 the month taken for training 29.02.08
(upto 29.02.08)
15 Months in 22 53 42 33 19 101 91 29
Companies
3 Months in 15 56 65 06
Company/
15 Days in
Optional Area
2. Exemption
1. Number of applications pending as on 31.01.2008 : 10
2. Number of applications received for exemption : 64
3. Number of exemptions granted/correspondence attended : 54
4. Number of pending applications as on 29.02.2008 : 20
As per Company Secretaries Regulations, 1982 (amended the significance and methodology of training, business
from time-to-time) every student apart from passing the final environment, corporate culture, communication and
examination of the Institute is also required to possess the behavioural aspects. Keeping in view the above factors, the
practical experience and undergo practical training or be Council of the Institute has decided that students requiring to
exempted therefrom before becoming eligible to the Associate undergo training should compulsorily attend five days Training
Membership of the Institute. Students who do not possess Orientation Programme (TOP) before they are sponsored for
practical experience are required to undergo compulsorily 15 training. It has also been decided that henceforth students
months Management/Apprenticeship training. will be sponsored for training in the companies or with company
Most of the students commencing training are not aware of secretaries in practice as per the following schedule.
The schedule of other ADPs proposed to be organised by SIRC and NIRC during 2008 is as under : SIRC : (i) 19.07.2008 (ii) 01.11.2008
NIRC: (i) 19.04.2008 (ii) 19.05.2008 (iii) 30.06.2008 (iv) 14.07.2008 (v) 02.08.2008 (vi) 13.09.2008 (vii) 01.11.2008 (viii) 24.11.2008
(ix) 29.12.2008
Attention Students!
SUBSCRIPTION TO CHARTERED
CHARTERED
SECRETAR
SECRETAR
ARYY
Students may perhaps be aware that the Institute has been bringing out a monthly journal Chartered Secretary
for corporate professionals for the last over thirty-six years. The journal is rated to be one of the best professional
journals consistently maintaining high standards in providing Government notifications, legal decisions and analytical
and informative articles. The journal is not only important for corporate professionals, members of the Institute and
lawyers but is equally important for students for keeping them well informed about the latest changes and
developments.This in turn will not only help the students to write their examinations well but will also help them to
step into the professional world with confidence. The Legal World section provides all the latest and important
cases, the From the Government column provides changes/ amendments in various statutes/Laws/Rules etc. and
the Articles section provides informative and analytical articles on contemporary topics.
The concessional annual subscription of the journal is Rs. 300/- for the Registered Students of the Institute.
It is in the interest of the students to subscribe to the Journal. Students interested in receiving the monthly journal
Chartered Secretary may send a Demand Draft favouring the Institute of Company Secretaries of India for an
amount of Rupees 300/- and forward the same to :
Further, the contact numbers and E-Mail ids of the contact persons for various queries and services are furnished below. Students may
please note that, it is in their own interest to address the query to the right person for prompt response.
In case of any difficulty, Shri Sohan Lal, Joint Director(Student Services) may be contacted at Tel. No. 4239999.
02.06.2008 Advanced Company English and Business General and Commercial Laws
Monday Law and Practice Communication
GROUP-I
Tuesday Economic Laws and Drafting Business Environment Company Accounts and Cost &
& Conveyancing Management Accounting
GROUP-I
04.06.2008 Secretarial, Management Financial Accounting Tax Laws
Wednesday and Systems Audit
GROUP-II
07.06.2008 Banking and Insurance Company Secretarial Practice
Saturdary Law & Practice
GROUP-III
10.06.2008 Human Resources Management
Tuesday and Industrial Relations
Regn. No. 42947/84 Delhi Postal Regn. No. DL(S)01/3167/2006-07-08
Posting Date : 20/21-03-2008 Licence No. U (C) 130/2006-08
Licensed to post without prepayment at N.D.P.S.O.
FOR PROMPT REPLY
Students are requested to quote
their Registration Number in all
correspondence for prompt reply.
TM
Shortly introducing Video Based Training (VBT) and Live Virtual
TM
Classroom (LVC) for CS Foundation Programme. This will be followed by
similar eLearning facility for Executive and Professional Programmes.
MODE OF PAYMENT
All fees and other dues payable to
the Institute may be remitted only by
crossed demand draft drawn in
A joint initiative of ICSI and GurukulOnline Learning Solutions favour of The Institute of Company
Secretaries of India, payable at New
Delhi.
If undelivered, please return to:
THE INSTITUTE OF COMPANY
SECRETARIES OF INDIA
ICSI House, 22, Institutional Area,
Lodi Road, New Delhi-110003.