ISSN 0972-2874

VOLUME NO. XXIII 6 JUNE 2006

EDITORIAL ADVISORY CENTRAL COUNCIL

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Edited, printed and published
(In alphabetical order) PREETI MALHOTRA (MS.) by N.K. Jain for the Institute of
V. K. AGARWAL MEMBERS Company Secretaries of India,
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action taken on the basis of the
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SECRETARY & CHIEF EXECUTIVE OFFICER this Bulletin.
N. K. JAIN
H I G H L I G H T S
l From the President 03
l Academic Guidance 05
l Legal World 13
l Students Services 15
CS-Exam (Dec. 05)All India/Regional Council Prize Awards 17
l Schedule of Academic Development Programmes 27
l Schedule of Training Orientation Programmes 27
l SMTP Organised by HQ/RCs/Chapters 27
l News and Announcements 29
l Students Quiz 32
l Competitions/Programmes for Students 36-38
l 34 Years of CS on CD-ROM 40

Student Company Secretary 1 June 2006

 TRAINING ORIENTATION PROGRAMME
As per Company Secretaries Regulations, 1982 (amended
from time-to-time) every student apart from passing the final
examination of the Institute is also required to possess the
practical experience and undergo practical training or be
exempted therefrom before becoming eligible to the Associate
Membership of the Institute. Students who do not possess
practical experience are required to undergo compulsorily 15
months Management/Apprenticeship training.
Most of the students commencing training are not aware of
the significance and methodology of training, business
environment, corporate culture, communication and
behavioural aspects. Keeping in view the above factors, the
Council of the Institute has decided that students requiring to
undergo training should compulsorily attend five days Training
Orientation Programme (TOP) before they are sponsored for
training. It has also been decided that henceforth students
will be sponsored for training in the companies or with company
secretaries in practice as per the following schedule.

Activities Session1 Session 2 Session 3 Session - 4

Registration of students January 1 to March 01 to June 01 to September 01 to
for 15 months Training January 10 March 10 June 10 September 10
Organisation of TOP January 15 to March 15 to June 15 to September 15 to
January 24 March 24 June 24 September 24
Campus Interview January 25 to March 25 to June 25 to September 25 to
January 31 March 31 June 30 September 30
Commencement of February 01 April 01 July 01 October 01
Training Onwards Onwards Onwards Onwards
Completion of April 30* June 30* September 30* December 31*
Training Next Year Next Year Next Year Next Year
* If the student avails extra leave, the training will be extended accordingly.
Training Orientation Programme is a part of the 10. Usefulness of reading newspapers
Management/Apprenticeship training and is based on Guru 11. Self-assessment
Shishya Parampara. Training Orientation Programme will not SWOT analysis
only expose the students to the business environment and Career prospects
corporate functioning but would also help them in acquiring
Personality
the desired skill and confidence.
12. Writing of curriculum vitae
The Regional Councils will organize the Training Orientation
Programme from 15th to 24th of the four fixed months i.e. 13. Interview Techniques
January, March, June & September. 14. Career Planning
For effective interaction and participation, not more than 15. Computer-Internet/E-mail
40 students would be enrolled in each TOP. A fee of Rs. 400/ 16. File management
- per participant will be charged. 17. Organisation structure, role and functioning of Competition
The following topics will be included in the programme : Commission of India, CLB/NCLT, ROC, Stock Exchange,
SEBI, RBI, DRT
1. Importance of Training
18. Usefulness of Professional Development Programmes.
2. Personality Development- Dress Code & How to carry
oneself 19. Code of Conduct
20. Future Prospects
3. Time Management
For helping the students to identify Companies or Company
4. Meaning of Professionals
Secretaries in practice for undergoing training, the Regional
5. Office Culture Councils would also arrange Campus Interviews, immediately
6. Communication Skill on conclusion of each TOP for on-the-spot selection of
Writing ability candidates. Such Campus Interviews will be organized during
Drafting of letters the four fixed months from March 25 to 31; June 25 to 30;
Speaking ability September 25 to 30 and January 25 to 31.
All students intending to commence Management/
7. Group discussion, Drafting of Minutes, Notices,
Apprenticeship training are advised to contact the respective
Resolutions etc.
Regional Councils for enrolling themselves for TOP. Only on
8. How to qualify professional examination successful completion of TOP, students would be sponsored
9. Managing under crisis for training by the Institute.

Student Company Secretary 2 June 2006

 FROM THE PRESIDENT

Happiness is not in the mere possession of money;

it lies in the joy of achievement, in the thrill of creative effort.
Franklin D. Roosevelt
Dear Students,
You will be in a relaxing mood since the hectic task of writing the examinations is over. Writing a professional
examination is quite strenuous as it involves a lot of hard work keeping in view the examination standards and the
expected level of performance from the students. I am confident that you must have fared well and now feeling
relaxed, happy and enjoying.
Happiness, contentment and joy, all this is the state of mind, we say. Happiness consists in freeing oneself from
craving. It is freedom from jealousy, comparisons, and I-do-not-have-what-he-or-she-has attitude. Yet it springs
you into positive action; emancipates you from desolate inaction. Also, when we give others something that they
feel will make them happy, and then happiness comes back to us in big waves. It is in our hands to attract and
repel anything in life we want. Some say happiness or unhappiness colors everything. When your mood is gloomy
and your thinking preoccupied, life as a whole seems depressing. Let your mood brighten and your thinking
broadens and becomes more playful and creative. Your relationships, your self-image, and your hopes for the
future also seem more promising.
There is a very little difference in people, but that little difference makes a big difference. The little difference is
attitude. The big difference is whether it is positive or negative. People who want to be happy make the decision
to have a positive attitude. People, who have a negative attitude, repel the very happiness they are trying to
achieve. What they attract is unhappiness and go around scratching their head trying to figure out who busted
their chops. They dont recognize it, but a negative attitude is what robbed them of their happiness. So we should
always try to adopt the positive approach, which repels our negative thinking. Initially we may not be comfortable
but we will note the difference over a period of time.
Whether in profession or in personal life, happiness is attracted by sharing happiness with others. People attract
unhappiness by spreading trouble, domineering and manipulative attitudes, and imposing selfish desires with no
concern of returning something of value to the other person. It is the, all about me attitude. A good persuader will
find a way to give the other person what they want and at the same time give them what is desirable. If you like
being complimented, then it is safe to believe others will like it also. If we adopt this attitude, we will be able to
maintain jovial atmosphere in our professional as well as personal lives.
Friends, I have been emphasizing that success of a professional depends more on his ability to communicate than
any other skill. Professionals have to communicate at various forums while discharging their professional
responsibilities and they should be capable of communicating their viewpoint clearly and effectively. This will
leave no room for any doubt or ambiguity. In this context, I am pleased to inform you that Ahmedabad Chapter of
the Institute is Organizing 5th All India National Elocution Competition on July 8, 2006 in Ahmedabad. Last date
for receiving nominations from Regional Offices is July 5, 2006. Topic for Semi Final Round is Role of Company
Secretary in the Digital World and for Final Round Company Secretary and Good Corporate Governance
Practices.
As you are aware, various competitions are being organized by the Institute for the benefit of the students at
National level. To equip the students to understand the technicalities of representing before the tribunals and

Student Company Secretary 3 June 2006

 quasi-judicial bodies, the NIRC of the Institute is organising 4th All India Moot Court Competition on July 21-23,
2006 at New Delhi. The announcements of these Competitions appear elsewhere in this bulletin. NIRC is also
organizing Regional Level Moot Court Competition for students on July 16, 2006 at New Delhi. I am sure many
of you will participate in these competitions and get an exposure about the legal and procedural technicalities
regarding appearance before judicial and quasi-judicial bodies.
As informed to you earlier, the Eastern India Regional Council of the Institute is organizing its 21st Regional
Conference of Student Company Secretaries on July 15, 2006 at Kolkata. The Bangalore Chapter of the
Institute is also organizing 7th National Students Conference on July 29 & 30, 2006 at Bangalore. The theme of
the Conference is Emerging Areas in the Profession An insight. Eminent Faculty from the professional
bodies and industry will address the delegates. I advise you to actively participate in these competitions and
benefit from the deliberations.
That apart, SIRC of the Institute is providing an opportunity to the students to test their knowledge on Company
Law. It is organizing 6th All India Company Law Quiz on August 12, 2006 at Chennai. I advise you all to actively
participate in this competition. The benefit will be immense.
As informed to you earlier, the Institute is organizing 34th National Convention on the theme Reshaping the
Profession Creating New Niches on September 7-9, 2006 at Kolkata. I advise you to ensure your participation
at the Convention as a delegate.
Friends, I am reminded of my teacher who used to say that I always want to see my students smiling. When you
smile, everybody smiles with you. When you cry, you have to cry alone. A smiling expression reflects your enthusiasm
and the nature of your personality. No body likes to see the frowning face. Psychologists say even when manipulated
into a smiling expression, people feel better. When they scowl, the whole world seems to scowl back. So put on a
happy face.

With best wishes,

Yours sincerely,

(H M Choraria)
choraria123@vsnl.net
Kolkata
June 14, 2006

Student Company Secretary 4 June 2006

 ACADEMIC GUIDANCE
ACADEMIC GUIDANCE
ECONOMIC, LABOUR AND INDUSTRIAL LAWS (ELIL)
HUMAN RESOURCE MANAGEMENT &
INDUSTRIAL RELATIONS (HRMIR)
CONTRACT LABOUR*
In India, contract labour generally refers to workers engaged by a
contractor for the user enterprises. It is a significant and growing form
of employment. These workers are millions in number and are engaged
mainly in agricultural operations, plantation, construction industry, ports
& docks, oil fields, factories, railways, shipping, airlines, road transport
etc.
The Contract Labour (Regulation and Abolition) Act, 1970 was
enacted to protect and safeguard the interests of these workers. It
applies to every establishment/ contractor in which 20 or more
workmen are employed. It also applies to establishments of the
Government and local authorities as well. The Central Government
has jurisdiction over establishments like Railways, Banks, mines etc.
and the State Governments have jurisdiction over units located in
that State. The Act does not apply to establishments in which work
only of an intermittent or casual nature is performed.
When a workman is deemed to be a contract labour? The Contract
Labour (Regulation and Abolition) Act while defining contract labour
under Section 2(1)(b) stipulates that a workmen shall be deemed to
be employed as contract labour in or in connection with the work of
an establishment when he is hired in or in connection with such work
by or through a contractor, with or without the knowledge of the principal
employer.
The expression contractor establishment and principal
employer have been defined under Section 2(1) (c) 2(1) (e) and 2(1)
(g)] of the Act respectively as under:
Contractor in relation to an establishment, means a person who
undertakes to produce a given result for the establishment, other than
a mere supply of goods or articles of manufacture to such
establishment, through contract labour or who supplies contract labour
for any work of the establishment and include a sub-contractor.
Establishment means
(i) any office or department of the Government or local authority, or
(ii) any place where any industry, trade, business, manufacture or
occupation is carried on.
Principal Employer means
(i) In relation to any office or department of the Government or a
local authority, the head of that office or department or such other
officer as the Government or the local authority, as the case
may, be may specify in this behalf.
(ii) In a factory, the owner or occupier of the factory and where a
person has been named as the manager of the factory under the
Factories Act, 1948, the person so named.
(iii) In a mine, the owner or agent of the mine and where a person
has been named as the manager of the mine, the person so
named.
(iv) in any other establishment, any person responsible for the
supervision and control of the establishment.
The Explanation appended to this section provides that for the
purpose of sub-clause (iii) of this clause, the expressions mine, owner
and agent shall have the meanings respectively assigned to them in
clause (j) clause (l) and clause (c) of sub-section (l) of Section 2 of
the Mines Act, 1952.
*Prepared by Archana Kaul, Assistant Director, the ICSI
Student Company Secretary
The Advisory Boards of the Central Government and the State
Governments comprising representatives of Government, employers
and workers advise the respective Governments on matters arising
out of the administration of the Act, as are referred to them, particularly
on the question of abolition of contract labour system in
establishments.
The Central Advisory Contract Labour Board a Tripartite Body,
was reconstituted on 24th June, 2002, and the non-official members
hold office for a term of three years. The Chairman of the Board Dr.
S. Balakrishnam Raju was appointed on 10th June, 2005 for a period
of three years. Five meetings of the Board were held during the period
under report and the 63rd meeting was held on 30-31 August, 2005
at Hyderabad (Andhra Pradesh).
Based on the recommendations of the Board, the Central
Government has prohibited employment of contract labour in the
establishments of Bandel and Sreerampur Railway Stations of Eastern
Railways, All India Institute of Medical Sciences, New Delhi and
Kolkata Port Trust, Kolkata in the jobs of parcel handling; operation
and day to day maintenance of lifts, generators, and water pumps;
and sleeper renewal of railway tracks, repairing, restoration and laying
and linking of tracks respectively.
Every establishment and contractor, to whom the Act, applies have
to register themselves/obtain a license for execution of the contract
work. The interests of contract workers are protected in terms of
wages, hours of work, welfare, health and social security. The
amenities to be provided to contract labour include canteen, rest
rooms, first aid facilities and other basic necessities at the work place
like drinking water etc. The liability to ensure payment of wages and
other benefits is primarily that of the contractor, and in case of default,
that of the principal employer.
Exemption from applicability of the provisions of the Act or the
rules made hereunder is granted to an establishment or contractor in
the case of an emergency. Bharat Coking Coal Ltd., Dhanbad have
been granted exemption from the applicability of the notification
prohibiting employment of contract labour in the jobs of raising or
raising-cum-selling of coal etc. for a period of five years subject to
the conditions that wages payable to contract labour shall be midway
between the wages prescribed by the Government under the Minimum
Wages Act, 1948 and wages payable to the lowest category of a
regular worker i.e.Category-1 of National Coal Wage Agreement
comprising of basic pay plus dearness allowance and benefits of
Provident Fund as well as medical facilities in the Colliery Dispensaries
of Coal Company. Similarly, Metro Railways, Kolkata have been
granted exemption from the applicability of notification prohibiting
employment of contract labour in the job of checking Assistant up to
05.02.2006, subject to the condition that the wages paid to the contract
workers are raised from Rs.129/-per day to Rs.140/-per day per 8
hour shift.
In the Central sphere, the Central Industrial Relations Machinery
(CIRM) headed by Chief Labour Commissioner (Central) and his
officers have been entrusted with the responsibility of enforcing the
provisions of the Act and the rules made thereunder.
A number of judicial pronouncements have enriched the contract
labour law in India. Two land mark judgments were delivered by the
Supreme Court on the Status of contract labour in the event of
prohibition of employment of contract labour. In the SAIL case (2001),
the Constitution Bench of the Supreme Court, overruled the Air India
judgement and held that the Industrial Adjudicator shall direct
absorption of contract workers in the establishment of the principal
employer, only if the contract is sham or bogus. In the case of genuine
contracts, the Principal employer is required to give preference to
contract workers for regular appointment, if he/she intends to get the
prohibited job done through regular workmen.
Earlier in Air India Statutory Corporation case, the Supreme Court
had held:
Though there exists no express provision in the Act for absorption
of employees in establishments where contract labour system is
5 June 2006
 ACADEMIC GUIDANCE
abolished by publication of notification under Section 10(1) of the Depository Participant. It also provides services related to transactions
Act, the principal employer is under obligation to absorb the contract in securities.
labour. The linkage between the contractor and employee stood 2. How is a depository similar to a bank?
snapped and direct relationship stood restored between the principal
employer and contract labour as its employees. It can be compared with a bank, which holds the funds for
depositors. A Bank - Depository Analogy is given in the following
The question as to whether the employees of the canteen are table:
employees of the State or whether their services should be directed
to be regularized or not, in view of several decisions of the Supreme BANK-DEPOSITORY - AN ANALOGY
Court would be dependent upon the issues as to whether the canteens BANK DEPOSITORY
are required to be made in terms of the provisions of a statute or
otherwise. [Saraspur Mills case, AIR 1973 SC 2297 ; Parimal Holds funds in an account Hold securities in an account
Chandraraha v. LIC, AIR 1995 SC 1666; Employees in relation to the Transfers funds between Transfers securities between
Management of RBI v. Workmen, AIR 1996 SC 1241; Indian accounts on the instruction accounts on the instruction
Petrochemicals Corporation v. Shramik Sena, AIR 1999 SC 2527; of the account holder of the account holder
Indian Overseas Bank v. I.O.B. Staff Canteen Workers Union, AIR Facilitates transfer without Facilitates transfer of ownership
2000 SC 1508 etc.] having to handle money without having to handle securities
The Madras High Court in M. Elangovan and Others v. Madras
Refineries Ltd., 2005 LLR 453 held that the workers as engaged through Facilitates safekeeping Facilitates safekeeping of
the contractor covered under the Contract Labour (Regulation and of money securities
Abolition) Act in a statutory canteen to be run under section 46 of the 3. How many Depositories are registered with SEBI?
factories Act, will nor acquire the status of the workers of the principal
At present two Depositories viz. National Securities Depository
employer unless the contract between the principal employer and the
Limited (NSDL) and Central Depository Services Limited (CDSL) are
immediate employer (contractor) is sham whereas such a plea was
registered with SEBI.
not taken in the original petition as filed and as such the learned Single
Judge has rightly rejected the demand of he canteen workers hence 4. Who is a Depository Participant?
the writ appeal as filed by the canteen workers will not be tenable. A Depository Participant (DP) is an agent of the depository through
The Division bench held that employees of the canteen under which it interfaces with the investor. A DP can offer depository services
section 46 of the Factories Act would be employees of the principal only after it gets proper registration from SEBI. Banking services
employer only for the purpose of the Factories Act and not for any can be availed through a branch whereas depository services can be
other purpose availed through a DP.
Again, the Supreme Court in Haldia Refinery Canteen Employees 5. What are the benefits of availing depository services?
Union v. M/s Indian Oil Corporation, 2005 LLR 529, where the The benefits are enumerated below:-
appellants engaged in the canteen work, claimed absorption as
workmen of the respondent corporation. Respondent treated the l A safe and convenient way to hold securities;
appellants as the employees of the contractor and denied the status l Immediate transfer of securities;
of workmen of the Corporation. In a writ petition, the Single Judge of l No stamp duty on transfer of securities;
the High Court directed the respondent to absorb the appellants in its
services and regularize their services. On appeal, the Division Bench l Elimination of risks associated with physical certificates such
reversed the decision of the Single Judge. Aggrieved by the judgement as bad delivery, fake securities, delays, thefts etc.;
of the Division Bench, an appeal was filed in the Supreme Court. The l Reduction in paperwork involved in transfer of securities;
issue before the Supreme Court was whether canteen employees
l Reduction in transaction cost;
have the right to be absorbed as workmen merely on the ground that
the respondent Corporation had control and supervision over the l No odd lot problem, even one share can be sold;
canteen. l Nomination facility;
The Supreme Court dismissing he appeal held that just because l Change in address recorded with DP gets registered with all
the management exercises control over the canteen in respect of certain companies in which investor holds securities electronically
matters like providing quality foodstuff, it does not mean that the eliminating the need to correspond with each of them separately;
employees working in the canteen are employees of the respondent.
Under the agreement with the contractor, the later having been given a l Transmission of securities is done by DP eliminating
free hand with regard to the management of the employees working in correspondence with companies;
the canteen, the appellants cannot be considered to have become the l Automatic credit into demat account of shares, arising out of
employees of the respondent Corporation. bonus/split/consolidation/merger etc.
l Holding investments in equity and debt instruments in a single
SECURITIES LAWS & REGULATION OF account.
FINANCIAL MARKETS (INTER, GROUP II) 6. How can services of a depository be availed?
FREQUENTL
FREQUENTLY Y ASKED QUESTIONS ON To avail the services of a depository an investor is required to
open an account with a depository participant of any depository.
DEPOSITORIES OPERA TIONS*
OPERATIONS* 7. How can one open an account?
1. What is a Depository? First an investor has to approach a DP and fill up an account
A depository is an organisation which holds securities of investors opening form. The account opening form must be supported by copies
in electronic form at the request of the investors through a registered of any one of the approved documents to serve as proof of identity
(POI) and proof of address (POA) as specified by SEBI. Besides,
* Compiled by Sonia Baijal, Assistant Director, the ICSI from SEBI website production of PAN card in original at the time of opening of account
www.sebi.gov.in has been made mandatory effective from April 01, 2006.

Student Company Secretary 6 June 2006

 ACADEMIC GUIDANCE
All applicants should carry original documents for verification by
an authorized official of the depository participant, under his signature.
Further, the investor has to sign an agreement with DP in a
depository prescribed standard format, which details rights and duties
of investor and DP. DP should provide the investor with a copy of the
agreement and schedule of charges for their future reference. The
DP will open the account in the system and give an account number,
which is also called BO ID (Beneficiary Owner Identification number).
The DP may revise the charges by giving 30 days notice in advance.
SEBI has rationalised the cost structure for dematerialisation by
removing account opening charges, transaction charges for credit of
securities, and custody charges vide circular dated January 28, 2005.
Further, SEBI has vide circular dated November 09, 2005 advised
that with effect from January 09, 2006, no charges shall be levied by
a depository on DP and consequently, by a DP on a Beneficiary Owner
(BO) when a BO transfers all the securities lying in his account to
another branch of the same DP or to another DP of the same
depository or another depository, provided the BO Account/s at
transferee DP and at transferor DP are one and the same, i.e. identical
in all respects. In case the BO Account at transferor DP is a joint
account, the BO Account at transferee DP should also be a joint
account in the same sequence of ownership.
8. What is dematerialisation?
Dematerialisation is the process by which physical certificates of
an investor are converted to an equivalent number of securities in
electronic form and credited into the investor's account with his/her
DP.
9. How can one convert physical holding into electronic
holding i.e how can one dematerialise securities?
In order to dematerialise physical securities one has to fill in a
DRF (Demat Request Form) which is available with the DP and submit
the same along with physical certificates one wishes to dematerialise.
Separate DRF has to be filled for each ISIN Number. The complete
process of dematerialisation is outlined below:
l Surrender certificates for dematerialisation to your depository
participant.
l Depository participant intimates Depository of the request through
the system.
l Depository participant submits the certificates to the registrar of
the Issuer Company.
Registrar confirms the dematerialisation request from depository.
l After dematerialising the certificates, Registrar updates accounts
and informs depository of the completion of dematerialisation.
l Depository updates its accounts and informs the depository
participant.
l Depository participant updates the demat account of the investor.
10. What is an ISIN?
ISIN (International Securities Identification Number) is a unique
identification number for a security.
11. Can odd lot shares be dematerialised?
Yes, odd lot share certificates can also be dematerialised.
12. Can electronic holdings be converted back into Physical
Certificates?
Yes. The process is called rematerialisation. If one wishes to get
back his securities in the physical form one has to fill in the RRF
(Remat Request Form) and request his DP for rematerialisation of
the balances in his securities account. The process of rematerialisation
is outlined below:
l One makes a request for rematerialisation.
l Depository participant intimates depository of the request through
the system.
Student Company Secretary
l Depository confirms rematerialisation request to the registrar.
l Registrar updates accounts and prints certificates.
l Depository updates accounts and downloads details to depository
participant.
l Registrar dispatches certificates to investor.
13 What is the procedure for selling dematerialised
securities?
The procedure for buying and selling dematerialised securities is
similar to the procedure for buying and selling physical securities.
The difference lies in the process of delivery (in case of sale) and
receipt (in case of purchase) of securities.
In case of purchase:-
l The broker will receive the securities in his account on the payout
day
l The broker will give instruction to its DP to debit his account and
credit investor's account
l Investor will give 'Receipt Instruction to DP for receiving credit
by filling appropriate form. However one can give standing
instruction for credit in to ones account that will obviate the need
of giving Receipt Instruction every time.
In case of sale:-
The investor will give delivery instruction to DP to debit his account
and credit the broker's account. Such instruction should reach the
DP's office at least 24 hours before the pay-in as other wise DP will
accept the instruction only at the investor's risk.
14 What is 'Standing Instruction' given in the account
opening form?
In a bank account, credit to the account is given only when a 'pay
in' slip is submitted together with cash/cheque. Similarly, in a
depository account 'Receipt in' form has to be submitted to receive
securities in the account. However, for the convenience of investors,
facility of 'standing instruction' is given. If you say 'Yes' for standing
instruction, you need not submit 'Receipt in' slip everytime you buy
securities. If you are particular that securities can be credited to your
account only with your consent, then do not say 'yes' [or tick ] to
standing instruction in the application form.
15 What is delivery instruction slip (DIS)? What precautions
do one need to observe with respect to Delivery
Instruction Slips?
To give the delivery one has to fill a form called Delivery Instruction
Slip (DIS). DIS may be compared to cheque book of a bank account.
The following precautions are to be taken in respect of DIS:-
l Ensure and insist with DP to issue DIS book.
l Ensure that DIS numbers are pre-printed and DP takes
acknowledgment for the DIS booklet issued to investor.
l Ensure that your account number [client id] is pre-stamped.
l If the account is a joint account, all the joint holders have to sign
the instruction slips. Instruction cannot be executed if all joint
holders have not signed.
l Avoid using loose slips
l Do not leave signed blank DIS with anyone viz., broker/sub-
broker.
l Keep the DIS book under lock and key when not in use.
l If only one entry is made in the DIS book, strike out remaining
space to prevent misuse by any one.
l Investor should personally fill in target account -id and all details
in the DIS.
16 Is it possible to give delivery instructions to the DP over
Internet and if yes, how?
Yes. Both NSDL and CDSL have launched this facility for delivering
7 June 2006
 ACADEMIC GUIDANCE
instructions to your DP over Internet, called SPEED-e and EASI
respectively. The facility can be used by all registered users after
paying the applicable charges.
17 How are cash corporate benefit such as dividend / interest
received?
The concerned company obtains the details of beneficiary holders
and their holdings as on the date of the book closure/record date
from Depositories. The payment to the investors will be made by the
company through the ECS (Electronic Clearing Service) facility,
wherever available. Thus the dividend/interest will be credited to your
bank account directly. Where ECS facility is not available dividend/
interest will be given by issuing warrants on which your bank account
details are printed. The bank account details will be those which you
would have mentioned in your account opening form or changed
thereafter.
18 How would one receive non-cash corporate benefit such
as bonus etc.?
The concerned company obtains the details of beneficiary holders
and their holdings as on the date of the book closure/record date
from depositories. The entitlement will be credited by the company
directly into the BO account.
19 Who can nominate?
Nomination can be made only by individuals holding beneficiary
accounts either singly or jointly. Non-individuals including society, trust,
body corporate, karta of Hindu Undivided Family, holder of power of
attorney cannot nominate.
20 Who can be a nominee?
Only an individual can be a nominee. A nominee shall not be a
society, trust, body corporate, partnership firm, Karta of Hindu
Undivided Family or a power of attorney holder.
21 What is transmission of demat securities?
Transmission is the process by which securities of a deceased
account holder are transferred to the account of his legal heirs /
nominee. Process of transmission in case of dematerialised holdings
is more convenient as the transmission formalities for all securities
held in a demat account can be completed by submitting documents
to the DP, whereas in case of physical securities the legal heirs/
nominee/surviving joint holder has to independently correspond with
each company in which securities are held.
COMPANY LA
COMPANY W*
LAW*
Jorhat Tea & Industries (P.) Ltd. and Others v. State of
Meghalaya and another (2006) 72 CLA 92 (Gau.)
FACTS : The company is a private limited company incorporated
under the Companies Act, 1956 having its registered office in the
State of Assam. The Registrar of Companies, Shillong issued a letter
to the company alleging that company accepted unsecured loan to
the tune of Rs. 22,58,159.12 but did not file return of deposits. So
company was asked to show cause as to why prosecution should not
be launched against the company and every officer of the company
under Section 58A of the Act read with Rule 11 of the Deposit Rules.
The ROC filed a complaint in the Court of CJM, Shillong alleging
violation of Rule 10 of Deposit Rules i.e non-filing of Return of deposits
with ROC. The case was made over to the learned Judicial Magistrate,
Shillong for disposal.
According to the Petitioner, the amount in question were not
deposits under Rule 2(b)(ix) and 2(b)(vi) of the Deposit Rules and
Section 58A and thus the company was not required to file any return
of deposits and consequently there was no violation of the provisions
of the Act and the Rules. The amounts received by the company
* Prepared by Shikha Talreja, AEO, The ICSI
Student Company Secretary
were not against any invitation which is an essential element to
violate the provision of Section 58A(2) and not being repayable on
demand or on notice or after a period as required by rule 3(1)(a) and
being free of charge not to offend rule 3(1)(c) of the Deposit Rules,
are not within the ambit of Section 58A of the Act. Further the amounts
being advances against sale/supply of the products (tea) of the
company are not deposits as defined by Rule 2 of the Deposit Rules.
In this petition the company seeks quashing of the criminal
proceedings.
ISSUE : The issue is whether the High Court, in exercise of inherent
power, can quash criminal proceeding, initiated by the Registrar of
Companies for failure to file return of deposits in terms of Section 10,
merely on the basis of assertion made by the petitioners.
DECISION : In the instant case it has been specifically contended
that there is violation of the provisions of Section 58A of the Act besides
the violation of Rule 10 of the Deposit Rules. As per Section 58A
apart from imposition of fine on the company, the officers/directors
are also liable by way of imprisonment which may extend to five years.
As to whether the alleged violation is within the ambit of Section 58A
of the Act will be a matter of evidence to be adduced during the trial
of criminal proceeding initiated pursuant to the complaint filed by ROC.
At this stage there is no basis to arrive at the conclusion that the
provisions of Section 58A are not attracted. This is a question of fact
which will have to be established on evidence during trial.
In the instant case, the whole basis of the claim of the petitioner
towards invoking the inherent power of this Court is that even if the
alleged violation of Rule10 of the Deposit Rules is established, the
offence and the complaint thereof being beyond the period of limitation
prescribed under the Code of Criminal Procedure, the complaint and
the initiation of proceeding thereof are not maintainable. This is the
argument advanced at the time of hearing of the case. However neither
in the petition nor in the reply of the show cause notice, the petitioners
have taken the plea that there is no violation of the provisions of
Section 58A of the Act.
It is another thing to plead that the amounts received by the
company were not against any invitation which is essential element
towards violation of the provisions of Section 58A, and thus there is
no question of offending Section 58A. While it is true that the violation
of the provision of Rule 10 of the Deposit Rules may lead to
punishment by way of imposition of fine on the company, but there
being express provision for providing punishment of imprisonment to
the officers/directors of the company which may extend to five years
the provisions of the Criminal Procedure Code will have to be
construed in that manner and not merely on the basis of the assertion
made by the petitioners that the offence alleged is only in respect of
violation of rule 10 of the Deposit Rules.
Accordingly no merit was found in the application and it was
dismissed.
Alim Ahuja and Another v. Registrar of Companies (In the
Rajasthan High Court- Jaipur Bench) [2006] 129 Comp Cas
104 (Raj)
FACTS : There were five directors in the Company. The company
made defaults in complying with the provisions of Sections 159, 160,
210, 220 of the Act. So Registrar of Companies of Rajasthan sent
notices to the Petitioners calling upon them to show cause as to why
action should not be taken for their prosecution for contravention of
Section 159/160/162/220 and as to why they should not be prosecuted
under Section 210(5) of the Act, for the default in complying with
Section 210(3) of the Act. On receipt of these notices, the petitioners
filed application to High Court for grant of relief under Section 633 of
the Act instead of showing cause to the ROC. The management of
company was taken over by Rajasthan Industrial Investment Corpn.
(RICO) for non-payment of dues.
8 June 2006
 ACADEMIC GUIDANCE
CONTENTION OF LEARNED COUNSEL FOR PETITIONERS
Main affairs of the company were being dealt with by other
directors.
Petitioners were not active directors of the company and are
being not connected with the management of the company.
RICO has taken all record, processed and unprocessed stock in
hand of company and handed over to some other party so
petitioners were not in position to submit and make compliance
with provisions of the Act.
Petitioners are just two out of five directors and being old persons
they may not be put to suffer this agony at the end of ROC.
REPLY TO PETITION BY RESPONDENT (ROC)
As per last Annual Report available with ROC, petitioners stand
at No.1 and 2 in list of directors of the company.
Petitioners have voluntarily accepted the directorship of the
company. They have not produced any document to show and
establish that they were not concerned with the day-to-day
management of the company and the business thereof. The fact
that they voluntarily accepted the directorship of the company,
at the same time they cannot be permitted to go scot-free as
regards their liabilities, responsibilites and duties as director under
the Act.
The plea that RICO has taken over management of the company,
it is suffice to say that leaving apart whether RICO could have
taken over the management of the company or not, the petitioners
have failed to produce any evidence in support of their this plea
and same cannot be accepted. They continued as directors of
the company as on day.
Even in that case the first step on the part of petitioners would
have been to resign from the office of director of the company.
They voluntarily continued as directors of the company.
The Board of Directors has never resolved to exempt them from
their responsibility and duty as directors to comply with the
provisions of the Act.
It is hardly of any substance that petitioners are senior citizens.
They had accepted the directorship voluntarily and presumed to
have known of their responsibility, obligation, liability and duty
under the Act.
DECISION : The Respondent (ROC) has given to Petitioners a show
cause notice. Rather than approaching this Court at this stage they
should have placed their cases for consideration before the respondent
but that has not been done. That apart the notices have been given
only for launching the prosecution against the petitioners and in their
prosecution they can take all these defences and where they are
able to prove the same the Court may not punish them for violation of
provisions of the Act.
Considering the matter from any angle and aspect, the present
case does not seem to be a fit case to grant any of the reliefs as
prayed by the petitioners in the petition.
In result petition fails and the same is dismissed.
Union of India v. CRB Resources (P.) Ltd. (2006) 67 SCL 289
(CLB-New Delhi)
FACTS : The Central Govt. has filed this petition under Section 397/
398 of the Companies Act, 1956 complaining of mismanagement in
the affairs of M/s CRB Resources Private Limited. The matter was
adjourned from time to time as it was reported that certain matters
connected with various other companies of Shri C.R.Bansali were
pending before Delhi High Court. Later on, it was found that the
respondent company was not before the High Court and as such the
petition was heard on merits.
The respondent company was a part of CRB group of companies
controlled and managed by Shri C R Bansali and his family members.
Student Company Secretary
The Reserve Bank of India had filed a petition before Delhi High Court
under Section 45MC of the RBI Act read with Section 433 of the
Companies Act against CRB Capital Markets Limited making various
allegations and seeking for its winding up. On the basis of said petition,
the High Court had appointed a provisional official liquidator to take
charge of the properties, assets and book of account of four of CRB
Group companies.
In the circumstances, the Central Govt. filed petition under Section
397/398 complaining of mismanagement in the affairs of M/s CRB
Resources Private Limited that despite huge investment, the
respondent-company had a meager profit; that even though it had
collected share application money, shares had not been allotted and
that the company had failed to deposit with Central Govt. amount of
tax deducted at source which was prejudicial to the public interest.
The Central Govt. had sought for declaration that the affairs of
company were not being carried out in the public interest and also
sought directions to prevent the conduct of affairs of the company in
a manner prejudicial to the public interest.
HELD : The entire foundation of the petition was based on actions
taken by statutory authorities against CRB Capital which were pending
in other fora. As far as the allegations in respect of the first respondent-
company were concerned, they were not substantive in nature
warranting any order in terms of Section 397/398 and as matter of
fact, even the Central Govt. had not sought for any substantive order
or direction other than an observation that the affairs of the company
were not being carried out in the public interest and as such were
prejudicial to the interest of the public and for a direction to the
company to prevent the conduct of the affairs of the company in a
manner prejudicial to the public interest and give other appropriate
directions.
The company was a closely held private limited company with an
issued and paid-up capital of Rs. 2.48 lakhs. Of the total unsecured
loan of about Rs. 75 lakhs as on 31-3-1997 about Rs. 59 lakhs were
from the shareholders. The fixed assets amounted to about Rs. 8
lakhs and there were no secured loans. This would indicate that no
public interest was involved at all. It was also found from the directors
report for the year 2002-03 that the company had not been carrying
on any business w.e.f 15-5-1997. Thus on an overall assessment of
the facts of the case, there was no scope to pass any order in terms
of Section 397/398 and accordingly the petition was dismissed.
State of Jammu and Kashmir v. UCO Bank (2006) 66 SCL
191(SC)
FACTS :
l A lease was granted to a company viz. Hindustan Forest
Co.(Second Respondent) for felling of trees in 1961. The said
lease was valid up to 1971. Under the agreement, the company
was liable to pay royalty to appellant on timber so felled.
l Financial affairs of the company deteriorated and it approached
Respondent Bank for financial assistance. The Bank granted
assistance. However the money was placed at the disposal of
the Conservator of Forest. This arrangement between bank and
the company continued for two years.
l The company passed resolution for voluntary winding up in 1972
and the High Court passed Winding Up Orders on 7.2.1975.
l In June 1975 the bank filed a suit paying for decree for payment
of money. However, leave under section 446 was granted to
bank on 1.8.1980.
ISSUE : Whether the suit is not maintainable as no leave has been
obtained under Section 446 of the Companies Act, 1956.
DECISION :
Single Judge Bench (Trial Court)
Since no leave had been obtained under Section 446, when suit
was instituted the suit would be deemed to have been instituted on
9 June 2006
 ACADEMIC GUIDANCE
1.8.1980 when such leave was applied for and granted and therefore
suit was bared by time. Suit was dismissed accordingly.
Appeal were preferred by bank before Division Bench
Division Bench : Leave under Section 446(1) could be obtained
subsequent to the filing of suit and irrespective of the date on which
such leave was granted. For the purpose of limitation, the date of
original filing of suit was relevant date. On merit, it was held that loan
was granted by respondent bank in terms of the arrangement.
Accordingly appeal preferred by bank was decreed against appellant
for the principal amount advanced by the bank together with the
interest and cost.
Appeal to Supreme Court
Decision of Supreme Court
l According to the apparent language of the Section 446(1), a suit
cannot be instituted once a winding up order is passed except
by leave of the Court. This sub-section has been construed by
this Court in the decision of Bansidhar Sankarlal v. Mohd. Ibram.
In that case leave had been obtained at the time of filing of the
suit and the question was whether leave had been obtained at
the time of filing of the suit and the question was whether fresh
leave ought to be obtained before proceeding under Section
446(1) and came to the conclusion that failure to obtain leave
prior to the institution of suit would not debar the Court from
granting such leave subsequently and that the only consequence
of this, would be that proceedings would be regarded as having
been instituted on the date on which leave was obtained from
the High Court.
l In view of said decision, the grounds on which the Division Bench
had sought to distinguish the aforesaid principles were not only
specious but also contrary to the provisions of Section 446(1)
and the decision of this Court in Bansidhar Sankarlals case.
l The Division Bench negatived the arguments of the appellant by
holding that the arrangement pleaded by the bank was not a fresh
agreement but a continuation of the original agreement between
the appellant and the company relating to the lease of forest land.
That was not the case with which the bank had come to the Court.
l It was held that it was a sale of goods, which had been effected
between the appellant and the company subject to certain
conditions of payment of royalty etc. On these grounds the
impugned judgement was to be set aside. The appeals were
accordingly to be allowed and the decree of the respondent bank
against the appellant was to be quashed.
THE COMPANIES (AMENDMENT) ACT, 2006
In the context of rapid developments witnessed in technology, the
Ministry of Company Affairs decided to enable the operations carried
out by the Ministry and its field offices to be performed more efficiently
and effectively through the use of contemporary information
technology and computers. The Ministry of Company Affairs on the
recommendations of Department of Information Technology is
implementing an e-Governance initiative through a project named as
MCA-21. This project will provide the public, corporate entities and
others an easy and secure online access to the corporate information,
including filing of documents and public access to the information
required to be in the public domain under the statute, at any time and
from anywhere.
The filing and registration of documents is a statutory requirement
under the Act. At present, the Act lays down the procedures for filing
of various documents in physical form and the processes associated
therewith. While, the broad enabling framework for such an initiative
is available under the Information Technology Act, 2000 read with
Companies Act, 1956, enabling provisions would still be required to
support certain online electronic processes which have since become
available due to technological advancement for various detailed
procedural requirements under the Companies Act, 1956.
Student Company Secretary
It is, therefore, proposed to insert new sections 610B, 610C, 610D
and 610E in the Companies Act, 1956 so as to make provision for
electronic filing system and for payment of fees through electronic
form under the said Act which are essential for the successful
implementation of the MCA-21 Project. After the proposed
amendments to the Companies Act, 1956 have been enacted, the
documents in electronic form duly authenticated with digital signatures
shall be accepted under the provisions of that Act. The proposed
electronic system also provides for multiple modes of payment of
statutory fees.
The provisions of the Companies Act, 1956 allow an individual to
be a director of up to fifteen companies and such companies can be
located in the jurisdiction in any of the Registrars of Companies. There
is a need for individual identity of person(s) intending to be directors
of companies to be established. This would also facilitate effective
legal action against the directors of such companies under the law,
keeping in view the possibility of fraud by companies and the
phenomenon of companies that raise funds from the public and vanish
thereafter. It is, therefore, proposed to insert new sections 266A, 266B,
266C, 266D, 266E, 266F and 266G in the Companies Act, 1956 so
as to, inter alia, provide for allotment of a unique Director Identification
Number to any individual, intending to be appointed as a director in a
company or to any existing director of a company, for the purpose of
his identification as such, through electronic or other form and to
provide for penalty for any violation in this regard.
In pursuance of the objects stated above, the Companies
(Amendment) Bill, 2006, was introduced in the Parliament, which has
now become an Act. The text of Companies (Amendment) Act, 2006
has been reproduced hereinbelow for the information of the Students:
THE COMPANIES (AMENDMENT) ACT, 2006*
An Act further to amend the Companies Act, 1956.
Be it enacted by Parliament in the Fifty-seventh Year of the
Republic of India as follows:
1. Short title and commencement
(1) This Act may be called the Companies (Amendment) Act,
2006.
(2) It shall come into force on such date as the Central
Government may, by notification, appoint and different dates
may be appointed for different provisions of this Act.
2. Amendment of section 253
In section 253 of the Companies Act, 1956 (1 of 1956) (hereinafter
referred to as the principal Act), the following proviso shall be
inserted, namely:
Provided that no company shall appoint or re-appoint any
individual as director of the company unless he has been allotted
a Director Identification Number under section 266B..
3. Insertion of new sections 266A, 266B, 266C, 266D, 266E,
266F and 266G
After section 266 of the principal Act, the following sections shall
be inserted, namely:
"Director Identification Number
266A. Application for allotment of Director Identification
Number
Every
(a) Individual, intending to be appointed as director of a
company; or
(b) Director of a company appointed before the commencement
of the Companies (Amendment) Act, 2006,
* No. 23 of 2006. Assented to by the President of India on 29.05 .2006. Published
in the Gazette of India, Extraordinary, Part II, Section I, Dated 30.05.2006
10 June 2006
 ACADEMIC GUIDANCE
shall make an application for allotment of Director Identification
Number to the Central Government in such form, and manner
(including electronic form) along with such fee, as may be prescribed:
Provided that every director, appointed before the commencement
of the Companies (Amendment) Act, 2006 shall make, within sixty
days of the commencement of the said Act, such application to the
Central Government:
Provided further that every applicant, who has made an application
under this section for allotment of a Director Identification Number,
may be appointed as a director in a company, or, hold office as director
in a company till such time such applicant has been allotted the
Director Identification Number.
266B. Allotment of Director Identification Number
The Central Government shall, within one month from the receipt
of the application under section 266A, allot a Director Identification
Number to an applicant, in such manner as may be prescribed.
266C. Prohibition to obtain more than one Director
Identification Number
No individual, who had already been allotted a Director
Identification Number under section 266B, shall apply, obtain or
possess another Director Identification Number.
266D.Obligation of Director to intimate Director Identification
Number to concerned company or companies
Every existing director shall, within one month of the receipt of
Director Identification Number from the Central Government, intimate
his Director Identification Number to the company or all companies
wherein he is a director.
266E. Obligation of company to inform Director Identification
Number to Registrar
(1) Every company shall, within one week of the receipt of
intimation under section 266D, furnish the Director
Identification Number of all its directors to the Registrar or
any other officer or authority as may be specified by the
Central Government.
(2) Every intimation under sub-section (1) shall be furnished in
such form and manner as may be prescribed.
266F. Obligation to indicate Director Identification Number
Every person or company, while furnishing any return, information
or particulars as are required to be furnished under this Act, shall
quote the Director Identification Number in such return, information
or particulars in case such return, information or particulars relate to
the director or contain any reference of the director.
266G. Penalty for contravention of provisions of section 266A
or section 266C or section 266D or section 266E
If any individual or director, referred to in section 266A or section
266C or section 266D or a company referred to in section 266E,
contravenes any of the provisions of those sections, every such
individual or director or the company, as the case may be, who or
which, is in default, shall be punishable with fine which may extend to
five thousand rupees and where the contravention is a continuing
one, with a further fine which may extend to five hundred rupees for
every day after the first during which the contravention continues.
Explanation : For the purposes of sections 266A, 266B, 266C, 266D,
266E and 266F, the Director Identification Number means an
identification number which the Central Government may allot to any
individual, intending to be appointed as director or to any existing
directors of a company, for the purpose of his identification as such.
4. Insertion of new sections 610B, 610C, 610D, and 610E
After section 610A of the principal Act, the following sections
shall be inserted, namely:
Student Company Secretary
"610B. Provisions relating to filing of applications, documents
inspection, etc., through electronic form
(1) Notwithstanding anything contained in this Act, and without
prejudice to the provisions contained in section 6 of the
Information Technology Act, 2000, (21 of 2000) the Central
Government may, by notification in the Official Gazette, make
rules so as to require from such date as may be specified in the
rules, that
(a) such applications, balance-sheet, prospectus, return,
declaration,memorandum of association, articles of
association, particulars of charges, or any other particulars
or document as may be required to be filed or delivered
under this Act or rules made thereunder, shall be filed,
through the electronic form and authenticated in such
manner as may be specified in the rules;
(b) such document, notice, any communication or intimation,
required to be served or delivered under this Act, shall be
served or delivered under this Act through the electronic
form and authenticated in such manner as may be specified
in the rules;
(c) such applications, balance-sheet, prospectus, return,
register, memorandum of association, articles of association,
particulars of charges, or any other document and return
filed under this Act or rules made thereunder shall be
maintained by the Registrar in the electronic form and
registered or authenticated, as the case may be, in such
manner as may be specified in the rules;
(d) such inspections of the memorandum of association, articles
of association, register, index, balance-sheet, return or any
other document maintained in the electronic form, which is
otherwise available for such inspection under this Act or
rules made there under, may be made by any person through
the electronic form as may be specified in the rules;
(e) such fees, charges or other sums payable under this Act or
rules made there under shall be paid through the electronic
form and in such manner as may be specified in the rules;
(f) the Registrar shall, register change of registered office,
alteration of memorandum of association or articles of
association, prospectus, issue certificate of incorporation
or certificate of commencement of business, register such
document, issue such certificate, record notice, receive such
communication as may be required to be registered or
issued or recorded or received, as the case may be, under
this Act or rules made there under or perform duties or
discharge functions or exercise powers under this Act or
rules made thereunder or do any act which is by this Act
directed to be performed or discharged or exercised or done
by the Registrar, by the electronic form, in such manner as
may be specified in the rules.
(2) The Central Government may, by notification in the Official
Gazette, frame a scheme to carry out the provisions specified
under sub-section (1) through the electronic form:
Provided that the Central Government may appoint different dates
in respect of different Registrar of Companies or Regional Directors
from which such scheme shall come into force.
610C. Power to modify Act in relation to electronic records
(including the manner and form in which electronic records
shall be filed)
(1) The Central Government may, by notification in the Official
Gazette, direct that any of the provisions of this Act, so far as it
is required for the purpose of electronic record specified under
section 610B in the electronic form,
(a) shall not apply, in relation to the matters specified under
clauses (a) to (f) of sub- section (1) of section 610B, as
may be specified in the notification; or
11 June 2006
 ACADEMIC GUIDANCE
(b) shall apply, in relation to the matters specified under clauses
(a) to (f) of sub section (1) of section 610B only with such
consequential exceptions, modifications or adoptions as
may be specified in the notification:
Provided that no such notification which relates to imposition of
fines or other pecuniary penalties or demand or payment of fees or
contravention of any of the provisions of this Act or offence shall be
issued under this sub-section.
(2) A copy of every notification proposed to be issued under sub-
section (1), shall be laid in draft before each House of Parliament,
while it is in session, for a total period of thirty days which may
be comprised in one session or in two or more successive
sessions, and if, before the expiry of the session immediately
following the session or the successive sessions aforesaid, both
Houses agree in disapproving the issue of the notification or
both Houses agree in making any modification in the notification,
the notification shall not be issued or, as the case may be, shall
be issued only in such modified form as may be agreed upon by
both the Houses.
610D. Providing of value added services through electronic
form
The Central Government may provide such value added services
through the electronic form and levy such fees as may be prescribed.
610E. Application of provision of Act 21 of 2000
All the provisions of the Information Technology Act, 2000 relating
to the electronic records (including the manner and format in which
the electronic records shall be filed), in so far as they are not
inconsistent with this Act, shall apply, or in relation, to the records in
electronic form under section 610B..
K N Chaturvedi
Secy. to the Govt. of India
Student Company Secretary
ATTENTION STUDENTS!
TRAINING
It has been observed that the students opting for
undergoing 15 months training with Company Secretaries
in whole-time Practice are submitting the Contract of
Apprenticeship and other relevant documents and
registration fees to the Institute after a considerable period
of time.
As per the Training Guidelines, the students should
submit the underlisted documents within 15 days from the
commencement of training to enable the institute to take
their training on record with effect from the date of execution
of Contract.
(i) Contract of Apprenticeship in duplicate on a non-judicial
stamp paper of requisite value as applicable to the
particular State, where the contract is executed.
The Contract should be executed by both the
parties viz., the trainee and the Company Secretary
in whole-time Practice.
(ii) Statement of Particulars to be submitted in duplicate
for registration as a trainee (Part A & B).
(iii) Rs. 50/- being the Registration Fee.
If the aforesaid documents/information is not received
within the stipulated time, the training shall not be taken on
record.
TRAINING DIARY
Every student sponsored for 15 months' training either in a
company or under a company secretary in practice, is
essentially required to maintain a Training Diary brought out
by the Institute.
The trainees are required to record all activities/jobs undertaken
on daily basis in the Training Diary during the entire period of
training. The Training Diary can be purchased from the
Headquarters and the Regional Offices located at EIRC, NIRC,
SIRC, WIRC and also at the Chapter Offices at Ahmedabad,
Bangalore, Chandigarh, Jaipur, Hyderabad and Pune. The cost
of a Training Diary is Rs. 100/-. The Training Diary is being sent
to students by Un-registered and Registered post only at the
following rates.
1. Unregistered Parcel = Rs. 40/- per diary
2. Registered Parcel = Rs. 55/- per diary
Students are advised to maintain the Diary as per the Training
Guidelines and submit the same to the Training Department
along with the Training Completion Certificate.
Attention Students!
REVISION OF EXAMINATION FEE FROM DECEMBER, 2006
The Examination Fee stands revised from December,
2006 session of examination as under :
1. Foundation Exam : Rs. 875 (Lumpsum)
2. Intermediate Exam : Rs. 900 (Per Group)
3. Final Exam : Rs. 750 (Per Group)
12 June 2006
 LEGAL WORLD
LEGAL WORLD
Compiled by T.K.A. Padmanabhan, FCS, Advocate, New Delhi.
CORPORATE LAWS
LW(S) 34.06.2006
PUNJAB STATE INDUSTRIAL DEVELOPMENT CORPORATION
LTD v. P.N.F.C.KARAMCHARI SANGH & ANR [JT 2006 (4) SC 337]
Arun Kumar & R.V.Raveendran, JJ. [Decided on 4.4.2006]
Companies Act, 1956 Sections 446 and 529A- PSIDC holding 46%
in PNFCPNFC became sick and wound up under the
recommendations of the BIFR- Company court directing PSIDC
to pay off the workmens dues of PNFC Whether tenable- Held,
No.
Brief Facts : Punjab National Fertilizer and Chemical Ltd (PNFC)
were promoted by the appellant corporation PSIDC where it held
46.13% of the share capital. PNFC became sick and wound up under
the recommendations of the BIFR. PNFC failed to pay salaries to its
workmen. The Chief Minister made a note that PSIDC should raise
resources to pay off the workmens dues. Relying on this the
respondent workmen moved an application before the winding up
court seeking issuance of direction to PSIDC for the payment of their
dues. Company court directed PSIDC to release funds to the OL for
paying workmens dues. Being unsuccessful before the Division
Bench, the appellant PSIDC challenged this order before the Supreme
Court.
Decision : Appeal allowed.
Reason : Under section 446 the powers of the Company Judge qua
a company under liquidation may be wide, but that does not empower
the Company Judge to pass an order making a distinct and separate
corporation, a third party, liable for the liabilities of the company in
liquidation. This aspect unfortunately has not been adverted to either
by the learned Company Judge or by the Division Bench of the High
Court.
Here the issue is when there are two independent legal entities
can an order be passed that one company will be liable for the dues
of the other to a third party. Can a Company Court pass such a direction
without consideration of the question of legal liability of the company
sought to be made liable?
As a result of the above discussion we hold the PSIDC could not
be made liable for the dues owed by the PNFC to its workers. The
appeal is accordingly allowed. The orders of the Company Court as
well as of the Division Bench of the High Court which are under
challenge in this appeal are set aside.
LW(S) 35.06.2006
CAPARO INDIA LTD (UK) & ORS v. CAPARO MARUTI LTD & ORS
[128 (2006) DLT 425] A.K.Sikri, J. [Decided on 5.12.2005]
Companies Act, 1956-Sections 10F, 397 and 398- Petition alleging
oppression and mismanagement- CLB found no merit- CLB
directed the purchase of minority shares by majority- Whether
the CLB is correct in arriving at such finding and giving such
direction- Held, Yes.
Brief Facts : The Respondent company Caparo Maruti Ltd [CML] is
Joint Venture Company comprising Appellant Caparo Group (60%),
Jindal Group (20%) and Maruti Udyog Ltd (20%). J was the founder,
promoter and chairman of CML for number of years. Due to differences
between Caparo Group and Jindal Group, Jindal was removed from
the position of Chairman. Jindal Group filed petition under section
397 and 398 alleging oppression and mismanagement against Caparo
Group. The CLB gone through the allegations and returned a finding
that there was neither mismanagement nor oppression. However the
CLB gave a direction that in case Jindal Group is willing to part with
its shares then Caparo Group should purchase the same. Appellant
Student Company Secretary
filed appeal against this direction while Jindal Group filed appeal
against the finding that there was no mismanagement and oppression.
Both the appeals are disposed of by a single judgment.
Decision : Appeals dismissed.
Reason : Applying the tests enunciated in Bagree Cereals (P) Ltd v.
Hanuman Prasad Bagree (2001) 105 Comp Cas 465 (Cal) and Needle
Industries (India) Ltd v. Needle Industries Newey (India) Holdings
Ltd, AIR 1981 SC 1298 in the present case, I now proceed to examine
whether case of exercising equitable jurisdiction is made out or not.
As already noted above, over a period of time some differences arose
between the two groups and Mr.Jindal was removed as the Chairman/
Managing Director. The relationship has worsened over a period of
time. There are even criminal cases filed against each other. In these
circumstance a petition challenging the removal of Mr. Jindal and
alleging certain other acts of oppression and mismanagement was
filed before the CLB. No doubt the CLB did not find any substance in
these allegations and those findings are affirmed by me in the
discussion recorded above. In these circumstances and particularly
going by the relationship between the two parties, exercise of equitable
jurisdiction by the CLB appears to be justified. It is not possible for
the two groups to remain together because of worsening acrimony.
Subsequent events as highlighted by the Jindal Group also justify
this course of action. Therefore keeping in view the principles laid
down in Needle Industries (supra) and the manner in which they were
followed by this Court in Chander Krishan Gupta v. Pannalal Girdarilal
P Ltd 55 Comp Cas 702, I am of the view that direction of the CLB to
the effect that shares of Jindal Group be purchased by the Caparo
Group should not be interfered with. Once it is found that the CLB, in
the given circumstances, was within its power to exercise equitable
jurisdiction and it so exercised, it would not be proper to interfere with
the said equitable discretion in an appeal under section 10F of the
Act. Both the appeals accordingly fail and are hereby dismissed.
LW(S) 36.06.2006
SUPER FINE MEAT SUPPLIERS v. BHARAT HOTELS LTD [128
(2006) DLT 794(DB)] Vijender Jain & S.N.Aggarwal, JJ. [Decided
on 29.3.2006]
Companies Act, 1956-Sections 433(e) and 483- Supply of mutton
at enhanced rates after the expiry of contracted period- Non reply
to statutory demand Whether this makes the claim as admitted
debt or liability- Held, No.
Brief Facts : The appellant had contract with the respondent company
for the supply of meat. The appellant also deposited Rs.1.25 lakhs
with the respondent as security deposit. Even after the expiry of the
contract, the appellant continued to supply mutton to respondent for
two months and raised bills for the same at enhanced rates. The
respondent neither paid the bills raised post-contract period nor
refunded the security deposit. The respondent company not even
replied to the letters as well as the statutory demand notice issued by
the appellant. The appellant filed winding up petition against the
respondent company. During the pendency of the petition the
respondent paid the bills at the old rate. The appellant also filed a suit
of recovery for the balance payment in the civil court. The company
court dismissed the winding up petition on the ground that non-reply
to the statutory notice will not make the amount of the bills at enhanced
rate an admitted debt or liability and that the demand of the appellant
gives raise to disputed question. Aggrieved by the judgment the
appellant appealed to the Division Bench.
Decision : Appeal dismissed.
Reason : we are in complete agreement with the findings of the learned
Company Judge contained in the impugned order on the above aspect.
We are of the view that the amount claimed by the appellant in the
winding up petition by no means can be said to be an admitted liability
of the respondent company. Hence we do not find any infirmity or
illegality in the impugned order of the learned Company Judge calling
for interference by this Court in exercise of appellate jurisdiction.
13 June 2006
 LEGAL WORLD
LW(S) 37.06.2006
MADHU INTRA LTD & ORS v. REGISTRAR OF COMPANIES & ORS
[(2006) 130 COMP CAS 510 (CAL-DB)] Altamas Kabir & Alok
Kumar Basu, JJ. [Decided on 22.2.2004]
Companies Act 1956- Section 394- Amalgamation of companies-
Whether order sanctioning amalgamation is liable to stamp duty-
Held, No.
Brief Facts : In Gemini Silk Ltd v. Gemini Overseas Ltd the Single
Judge of the Calcutta High Court had held that the court order
sanctioning the scheme of amalgamation under section 394(1) was
liable to stamp duty. The appellants challenged the above judgment
before the Division Bench.
Decision : Appeal allowed.
Reason : Notwithstanding the definition of the expression instrument
in section 2(14) of the Indian Stamp Act, 1899 the unamended
provisions of the Act in relation to the definition of conveyance and
instrument do not apply to an order under section 394(1) of the
Companies Act, 1956 for the purpose of stamp duty. The transfer of
assets and liabilities from the transferor company to the transferee
company takes place by virtue of sub-section (2) of section 394 with
out any further act or deed.
The concept of transfer cannot be applied to the case of
amalgamation and /or compromise governed simply by section 394
of the Companies Act, 1956. The transfer of assets and liabilities of
the transferor company to the transferee company takes place on an
order made under section (1) of section 394 by operation of sub section
(2) thereof and is not liable to stamp duty.
GENERAL LAWS
LW(S) 38.06.2006
HARI SHANKAR SINGHANIA & ORS v. GAUR HARI SINGHANIA &
ORS [JT 2006 (4) SC 185] H.K.Seema & Dr.A.R.Lakshmanan, JJ.
[Decided on 4.4.2006]
Section 20 of the Arbitration Act, 1940 read with Article 137 of
the Limitation Act, 1963- Family settlement- Disputes arose in
1987 and parties were corresponding with each other till 1989-
Application filed in court for the appointment of arbitrator in 1992-
Whether time barred- Held, No.
Brief Facts : A partnership firm was formed by three brothers of
Singhania family. The family owned considerable amount of
immovable property, which was brought into the firms business. In
1987 the firm was dissolved by way of dissolution deed as a family
settlement. The dissolution deed provided for arbitration to resolve
disputes. Due to disputes between the parties division of firms assets
could not take place by the appointed date i.e.31.5.1987. The parties
exchanged various correspondences between them and the last of
such correspondence was made on 29.9.1989. One group applied
to the court on 8.5.1992 for the appointment of arbitrator. The other
group resisted the application as time barred. The trial court and the
High Court (in appeal) dismissed the application as time barred. The
appellants approached the Supreme Court.
Decision : Appeal allowed.
Reason : In the instant case, correspondence was not merely in the
nature of reminders but also instruments to resolve the matter and
amicably negotiate. Therefore, when the negotiations were taking
place between the parties by way of various letters written by both
parties the right to apply can be said to accrue when it becomes
necessary to apply, that is to say when a dispute in fact arose.
Furthermore, the respondent did not ever dispute the claim of the
appellants.
Therefore, we observe that the right to apply under Section 20 of
the Arbitration Act, 1940 accrued to the appellants only on the date
of the last correspondence between the parties and the period of
Student Company Secretary
limitation commence from the date of the last communication between
the parties. Therefore, the finding of the High Court that the application
under Section 20 of the Arbitration Act, 1940, is beyond the period of
limitation is erroneous.
In the present case from 1989 to 1995 the Memorandum of
Understanding has been substantially acted upon and hence the
parties must be held liable to the settlement which is in the interest of
the family and which avoids disputes between the members of the
family. Such settlements have to be viewed a little differently from
ordinary contracts and their internal mechanism for working out the
settlement should not be lightly disturbed.
Therefore, in our opinion, technical considerations should give
way to peace and harmony in enforcement of family arrangements or
settlements. Thus we conclude by observing that, the arbitration suit
filed by the appellants is well within time as the dispute is deemed to
have arisen only after the last communication between the parties
dated 29th September, 1989, whereby, there were efforts made to
amicably settle the dispute between the parties.
LW(S) 39.06.2006
SYNDICATE BANK v. CHANNAVEERAPPA BELERI & ORS [JT
2006 (4) SC 579] Arun Kumar & R.V.Raveendran, JJ. [Decided on
1.4.2006]
Contract of guarantee- Liability of guarantors- Borrower company
failed to repay the loan- Directors stood guarantee for the loan-
Bank enforces the liability- When does the period of limitation
start against the guarantors- Law explained.
Brief Facts : Appellant bank advanced loan facilities to a company
in which the respondents were directors. They stood guarantee for
the loans availed by the company. The company failed to repay the
loan and accounts transactions were stopped in 1986. On 12.10.87
the bank issued a demand notice on the company and its directors
and upon no response from them the bank filed a winding up
proceedings in the court on 11.10.1988. The High court ordered for
the winding up of the company. Then, on 17.3.1989 the bank filed a
recovery suit against the directors/guarantors which was dismissed
as time barred. The High Court also confirmed the order of the trial
court. Against the judgment of the High Court the appellant bank
appealed to the Supreme Court.
Decision : Appeal allowed.
Reason : A guarantors liability depends upon the terms of his
contract. A continuing guarantee is different from an ordinary
guarantee. There is also a difference between a guarantee which
stipulates that the guarantor is liable to pay only on a demand by the
creditor, and a guarantee which does not contain such a condition.
Further, depending on the terms of guarantee, the liability of a
guarantor may be limited to a particular sum, instead of the liability
being to the same extent as that of the principal debtor. The liability
to pay may arise, on the principal debtor and guarantor, at the same
time or at different points of time. A claim may be even time barred
against the principal debtor, but still enforceable against the guarantor.
The parties may agree that the liability shall arise at a later point of
time than that of the principal debtor. We have referred to these
aspects only to underline the fact that the extent of liability under a
guarantee as also the question as to when the liability of a guarantor
will arise, would depend purely on the terms of the contract.
But in the case on hand, the guarantee deeds specifically state
that the guarantors agree to pay and satisfy the bank on demand and
interest will be payable by the guarantors only from the date of
demand. In a case where the guarantee is payable on demand, the
limitation begins to run when the demand is made and the guarantor
commits breach by not complying with the demand.
In view of the above, we hold that the time began to run not when
the operations ceased in the accounts in mid 1986, but on the expiry
of 15 days from 12.10.1987 when the demand was made by the bank
and there was refusal to pay by the guarantors. The suit filed within
three years there from is, therefore, in time.
14 June 2006
 STUDENTS SERVICES
STUDENTS SERVICES
REGISTRATION AND POSTAL TUITION
1. CANCELLATION OF REGISTRATION
Registration of students registered upto and including July, 2001
stands terminated on expiry of five-year period on 30th June, 2006
leading to the following immediate consequences :
(a) Supply of Student Company Secretary bulletin will be
discontinued from July, 2006 onwards.
(b) Response sheets will not be accepted even if submitted and
coaching completion certificates will not be issued (after the
expiry of registration period)
(c) They are not eligible to appear in the examination to be held in
December, 2006.
They are advised to apply for registration de novo/extension of
registration as per the guidelines published in this bulletin.
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. STUDENTS IDENTITY CARD
All 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 Offices of the Institute and send it again to the Institute duly
filled 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 Institutes 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 filled in
and attested together with Rs. 50/- towards duplicate Identity Card
fee.
4. COMPULSORY ENROLMENT FOR FINAL
COURSE
Students who have passed/completed both groups of Intermediate
examination are advised to seek compulsory enrolment for undergoing
coaching for the Final course on payment of Rs.4200/- towards postal
tuition fee.
Please note that a student is admitted to the final examination
only after a minimum period of nine calendar months has elapsed
since his/her passing the Intermediate examination and subject to
completion of coaching and fulfillment of other requirements.
5. CLARIFICATION REGARDING PAPERWISE
EXEMPTION
(a) The paperwise exemption is granted only on the basis of specific
request received in writing from a registered student along with
Student Company Secretary
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 April 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.
(d) The paperwise exemption is cancelled only on receipt of a specific
request in writing from the student concerned on or before the
last date for submission of the enrolment application. If any
candidate appears in the exempted paper(s) of examination
without receiving the written confirmation from the Institute, but
by making personal representation, appeal, request, etc., at the
Examination Centre at the last moment, his/her appearance in
such paper(s) shall automatically be treated as cancelled.
(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 confirmation 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 confirmation
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
Intermediate/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 qualification 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 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 Institutes examination.
(j) Paperwise exemption fee is payable only when the exemption is
to be availed on the basis of qualification(s) specified for the
purpose.
6. IMPORTANT
While making any correspondence regarding examination, the
students are advised to quote the following particulars for taking
prompt action :
(i) Name in full (ii) Student Registration number (iii) Stage of
examination (Intermediate/Final) (iv) Group opted (v) Centre opted
(vi) Particulars of fee remitted, i.e. Demand Draft (printed) number,
date , amount, name of the bank and its branch (vii) Date and mode
of despatch of enrolment application and their complete address with
15 June 2006
 STUDENTS SERVICES
PIN code, telephone number, mobile number or e-mail address.
In case of any specific problem/complaint regarding registration,
UNIFORMITY IN SIGNATURES
post-registration, students services and postal/oral coaching, students It has been observed that some of the enrollment applications/
may contact personally or write to Sohan Lal, Joint Director and for letters received from the students are either unsigned or bear
academic guidance and suggestions, if any, students may write to V different signatures from time to time.
K Aggarwal, Principal Director, at the Institutes address. All the students are, therefore, advised to maintain uniformity
NOTIFICATION in their signatures on all the correspondence with the Institute
including students identity card, enrolment application and
attendance sheet provided in the examination hall at the time of
ICSI NO. 2 OF JUNE - 2006 writing the examination.
In pursuance of para 11 of the Merit Scholarship (Company
Secretaryship Course) Scheme 1983, the following students have
ATTENTION STUDENTS!
been awarded `Merit Scholarships for the Intermediate and Final
Courses on the basis of their meritorious performance in the Applicability of Latest Finance Act and other changes for
Foundation and Intermediate Examinations of `Company Company Secretary December 2006 Examination.
Secretaryship held in December, 2005: DIRECT TAXES
Sl.No. Name of the student Registration No. All the students may kindly note that for the December 2006
FOR INTERMEDIATE COURSE Examination session, in respect of Direct Taxes, the applicable
Assessment Year shall be 2006-07 (Previous year 2005-06).
1. AKSHITA AGRAWAL (MS.) WR0424953/02/2006
Thus, they are advised to study Finance Act, 2005 for
2. DIPAK DAGA ER0229781/02/2006 December 2006 examination. Further, as per the syllabus, students
3. AKKAL DUDHWEWALA ER0231363/02/2006 are required to update themselves about all the Circulars,
4. NIDHI LADIWAL (MS.) NR0479648/02/2006 Clarifications, Notifications issued by CBDT & Central Government,
which come in to effect on or before six months prior to the date of
5. SWETA BAJAJ (MS.) ER0230643/02/2006 the respective Examination.
6. MADHUMITHA M (MS.) SR0347254/02/2006 Gift Tax Act has been excluded from the scope of examination
7. MINI BAGARIA (MS.) ER0232875/02/2006 from June 1999 session onwards unless otherwise informed.
8. AKASH PHOPHALIA NR0476355/02/2006 INDIRECT TAXES
9 SUSHMA A S (MS.) SR0345901/02/2006 Students appearing in the Tax Laws (Indirect Tax portion to the
extent of topics covered in the syllabus) and Direct and Indirect
10. NAGARAJ B S SR0347642/02/2006 Taxation-Law and Practice (Indirect tax portion) paper of the
11. SRINATH NARASIMHAN WR0430513/04/2006 Intermediate and Final Courses respectively may please take note
12. ANKIT MATHRAN ER0231316/02/2006 of the following changes applicable for December 2006
Examination:
13. MOTHI V HAREESH SR0347987/02/2006
1. All changes made by the Finance Act, 2006.
14. MOHIT JAIN ER0230685/02/2006
2. All Circulars, Clarifications/Notifications issued by CBE&C/
15. SANDEEP AGARWAL ER0230786/02/2006 Central Government which became effective six months prior
FOR FINAL COURSE to the date of examination.
1. ROHIT BIYANI ER0214570/02/2005
2. ADITI AGARWAL (MS.) ER0214135/02/2005 EXAMINATION
3. SATISH JALAN ER0212951/02/2005 1. DECLARTION OF JUNE, 2006 EXAMINATION
4. RAVIRAGHAV NARENDRA WR0389854/02/2005 RESULTS
CHHAWCHHAR The results of Foundation, Intermediate and Final examinations
5. ADITYA JAIN ER0213053/02/2005 held in June, 2006 are scheduled to be declared on 25th August,
2006. As in the past, the results will be displayed on the Notice Boards
6. KARISHMA GUPTA (MS.) ER0214121/02/2005 at the Institutes headquarters, Offices of the Regional Councils and
7. SARIKA (MS.) NR0422859/08/2004 Chapters, and Examination Centres. The results along with break-up
8. RAHUL GOYAL ER0213972/02/2005 of subjectwise marks will be made available on Institutes Website
(www.icsi.edu) on 25th August, 2006 from 4.00 P.M. onwards for
9. MANISHA JAJODIA (MS.) ER0213664/02/2005 information of all concerned.
10. LOKESH CHANDAK ER0214008/02/2005 The result-cum-marks statements will be despatched to all
11. ABHAY BHANIRAMKA ER0215238/02/2005 candidates concerned by 04th September, 2006. Meanwhile, if there
has been any change in the mailing address of a candidate, he/she
12. MOHIT JAIN ER0213951/02/2005 should immediately intimate the same and also send a self-addressed
13. SUNIL MALL ER0215201/02/2005 envelope of 25 cms. X 11 cms. size for posting his/her result-cum-
14. RAMANUJAM S WR0386011/11/2004 marks statement at the changed address.
15. SHARAD MUNDRA ER0213988/02/2005 Any candidate not receiving his/her result-cum-marks-statement
by 12th September, 2006, should immediately write to the Sr. Director
File No.205:Exams:D/2005 BY ORDER OF THE COUNCIL (Exams.) for issuing duplicate marks statement giving relevant
Dated the 1st June, 2006 (N K JAIN) particulars, i.e. his/her name, student registration number, stage of
examination, roll number, and examination centre alongwith a self-
NEW DELHI - 110 003. SECRETARY & CEO addressed stamped envelope worth Rs.5/-.

Student Company Secretary 16 June 2006

 STUDENTS SERVICES

COMPANY SECRETARIES EXAMINATION - DECEMBER, 2005

S. Name of the Criteria Name & Address Qualification Occupation Age Marks Photo-
No. Prize Award of the Winner (Yrs.) Obtained graph

1 2 3 4 5 6 7 8 9

ALL INDIA PRIZE AWARDS

1. PRESIDENTS Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 569/900
GOLD MEDAL passes in all papers of the P-54, VIP Road, Course of (63.22%)
Final examination, at first Kankurgachi ICSI
attempt, in one sitting, with- KOLKATA-700054
out claiming exemption in
any subject and obtaining
the highest percentage of (Roll No. 31681,
marks in the aggregate Regn.No. ER0186639)
taking into account the per-
formance of all successful
candidates provided that
the aggregate is not less
than 55%.
2. C.C. Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 569/900
SUTARIA'S passes in all papers of the P-54, VIP Road, Course of (63.22%)
CASH Final examination, at first Kankurgachi ICSI
AWARD attempt, in one sitting, with- KOLKATA-700054
out claiming exemption in
any subject and obtaining
the highest percentage of (Roll No. 31681,
marks in the aggregate Regn.No. ER0186639)
taking into account the per-
formance of all successful
candidates.
3. RAI Awarded to a candidate who Shailza Maheshwary (Ms.) Foundation 22 497/900
BAHADUR passes in all papers of the D/o Sh. RS Maheshwary Course of (55.22%)
SETH Final examination, at first 5, Shahadana Colony ICSI
GUJARMAL attempt, in one sitting with- Nr. Samta Yoga Ashram
MODI out claiming exemption in 1st Puliya,
MEMORIAL any subject and obtaining the BAREILLY-243003
AWARD second highest percentage
of marks in the aggregate (Roll No. 38205
taking into account the per- Regn. No. NR0329104)
formance of all successful
candidates.
4. SARASWATI Awarded to a lady candidate Nidhi Bajaj (Ms.) Foundation 22 569/900
DHANUKA who passes in all papers of P-54, VIP Road, Course of (63.22%)
MEMORIAL the Final examination, at Kankurgachi ICSI
AWARD first attempt, in one sitting, KOLKATA-700054
without claiming exemption
in any subject and obtaining (Roll No. 31681,
the highest percentage of Regn.No. ER0186639)
marks in the aggregate
taking into account the per-
formance of all successful
lady candidates.
5. MANTARAM Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 569/900
MEMORIAL passes in all papers of the P-54, VIP Road, Course of (63.22%)
ANNUAL Final examination, at first Kankurgachi ICSI
CASH attempt, in one sitting, without KOLKATA-700054
AWARD claiming exemption in any
subject and obtaining the (Roll No. 31681,
highest percentage of Regn.No. ER0186639)
marks in the aggregate

Student Company Secretary 17 June 2006

 STUDENTS SERVICES
taking into account the per-
formance of all successful
candidates in June, 2005
and December, 2005
Examinations.
6. PT. GOPAL Awarded to a lady candi- Shailza Maheshwary (Ms.) Foundation 22 497/900
CHANDRA date who passes in all D/o Sh. RS Maheshwary Course of (55.22%)
SHASTRI papers of the Final examina- 5, Shahadana Colony ICSI
MEMORIAL tion, at first attempt, in one Nr. Samta Yoga Ashram
AWARD sitting, without claiming exe- 1st Puliya,
mption in any subject and BAREILLY-243003
obtaining the second highest
percentage of marks in the (Roll No. 38205
aggregate taking into acc- Regn. No. NR0329104)
ount the performance of all
successful lady candidates.
7. JAYPEE Awarded to a candidate Nidhi Bajaj (Ms.) Foundation 22 185/300
GROUP who passes in all papers P-54, VIP Road, Course of (61.67%)
PRIZE of Group - I of the Final Kankurgachi ICSI
AWARD examination, at first attempt, KOLKATA-700054
in one sitting, without claiming
exemption in any subject (Roll No. 31681,
included in that Group and Regn.No. ER0186639)
obtaining the highest
percentage of marks in
the aggregate taking into
account the performance of all
such successful candidates.
8. JAYPEE Awarded to a candidate K Stany Saminath B.Com. 25 189/300
GROUP who passes in all papers Prasana (63.00%)
PRIZE of Group - II of the Final No. 93, St. Mary's Thope
AWARD examination, at first attempt, Tiruchirapalli
in one sitting, without claiming TAMILNADU-620002
exemption in any subject
included in that Group and (Roll No. 48284,
obtaining the highest Regn.No. SR0264511)
percentage of marks in
the aggregate taking into
account the performance
of all such successful candi-
dates.
9. JAYPEE Awarded to a candidate Nidhi Bajaj (Ms.) Foundation 22 201/300
GROUP who passes in all papers P-54, VIP Road Course of (67.00%)
PRIZE of Group - III of the Final Kankurgachi ICSI
AWARD examination, at first attempt, KOLKATA-700054
in one sitting, without claiming
exemption in any subject (Roll No. 31681,
included in that Group and Regn.No. ER0186639)
obtaining the highest per-
centage of marks in the
aggregate taking into account
the performance of all such
successful candidates.
10. D.L. Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 58/100
MAZUMDARS passes in all papers of the P-54, VIP Road Course of
SILVER Final examination, at first Kankurgachi ICSI
MEDAL attempt, in one sitting, KOLKATA-700054
without claiming exemption in
any subject and obtaining the (Roll No. 31681,
highest marks in Regn.No. ER0186639)
'Advanced Company Law
and Practice' paper taking
into account the performance
of all successful candidates.

Student Company Secretary 18 June 2006

 STUDENTS SERVICES
11. D.L. Awarded to a candidate who Co-Winners :
MAZUMDARS passes in all papers of the 1. Rasna Agarwal (Ms.) Foundation 20 63/100
SILVER Final examination, at first 78, Bhairav Dutta Lane Course
MEDAL attempt, in one sitting, Nandi Bagan, Salkia of ICSI
without claiming exemption HOWRAH-711106
in any subject and obtaining
the highest marks in (Roll No. 31656
Corporate Restructuring Regn No. ER0178401)
Law and Practice paper
taking into account the 2. Sonu Ajitsaria (Ms.) Foundation 21 63/100
performance of all 115, College Street Course
successful candidates. White Tower, (3rd Floor) of ICSI
KOLKATA-700012

(Roll No. 31695,

Regn No. ER0196981)
12. PAST Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 67/100
PRESIDENT passes in all papers of the P-54, VIP Road Course of
CHINUBHAI Final examination, at first Kankurgachi ICSI
R. SHAHS attempt, in one sitting, KOLKATA-700054
SILVER without claiming exemption
MEDAL in any subject and obtaining (Roll No. 31681,
the highest marks in Regn.No. ER0186639)
Secretarial Practice
relating to Economic Laws
and Drafting &
Conveyancing' paper taking
into account the
performance of all
successful candidates.
13. VIDYA NAND Awarded to a candidate who Sandeep Kumar Agarwal Foundation 23 71/100
MEHTA passes in all papers of the C/o Jindal Stores Course of
MEMORIAL Final examination, at first 67/39, Strand Bank Road ICSI
PRIZE attempt, in one sitting, Cross Road-11
AWARD without claiming exemption KOLKATA-700006
in any subject and obtaining
the highest marks in (Roll No. 31642,
Financial, Treasury & Regn No. ER0168578)
Forex Management paper
taking into account the
performance of all
successful candidates.
14. J.B. DANI Awarded to a candidate who Shailza Maheshwary (Ms.) Foundation 22 60/100
MEMORIAL passes in all papers of the D/o Sh. RS Maheshwary Course of
PRIZE Final examination, at first 5, Shahadana Colony ICSI
AWARD attempt, in one sitting, Nr. Samta Yoga Ashram
without claiming exemption 1st Puliya,
in any subject and obtaining BAREILLY-243003
the highest marks in
Human Resource (Roll No. 38205
Management & Industrial Regn. No. NR0329104)
Relations paper taking into
account the performance of
all successful candidates.
15. TAXMANNS Awarded to a candidate who Nidhi Bajaj (Ms.) Foundation 22 77/100
PRIZE passes in all papers of the P-54, VIP Road Course of
AWARD Final examination, at first Kankurgachi ICSI
attempt, in one sitting, KOLKATA-700054
without claiming exemption
in any subject and obtaining (Roll No. 31681,
the highest marks in Regn.No. ER0186639)
Direct and Indirect
Taxation Law and
Practice paper taking into
account the performance of
all successful candidates.

Student Company Secretary 19 June 2006

 STUDENTS SERVICES
16. GHANSHYAM Awarded to a candidate who Rahul Agarwal Foundation 22 73/100
DAS SARAF passes in all papers of the 42, Vivekananda Nagar Course
MEMORIAL Final examination, at first 1st Floor, Moore Avenue of ICSI
GOLD MEDAL attempt, in one sitting, P.O. Regent Park
without claiming exemption in KOLKATA-700040
any subject and obtaining the
highest marks in Banking (Roll No. 33686,
and Insurance Law and Regn No. ER0197760)
Practice paper taking into
account the performance of
all successful candidates.
17. SMT. G.P. Awarded to a candidate who Kalpit Ashok Khemka Foundation 21 64/100
PODDAR passes in all papers of the 701, Green Park Apts Course
MEMORIAL Final examination, at first City Light Road of ICSI
AWARD attempt, in one sitting, Parle Point
without claiming exemption in SURAT-395007
any subject and obtaining the
(Roll No. 55536,
highest marks in Regn No. WR0335021)
Secretarial Management
and Systems Audit paper
taking into account the
performance of all successful
candidates.
INTERMEDIATE EXAMINATION
18. PRESIDENT'S Awarded to a candidate who Rohit Biyani Foundation __ 20 501/800
SILVER passes in all papers of the 209, Bagmari Road Course (62.63%)
MEDAL Intermediate examination, CIT Scheme 7-M of ICSI
at first attempt, in one sitting, Kankurgachi
without claiming exemption KOLKATA-700054
in any subject and obtaining
the highest percentage of (Roll No. 9859
marks in the aggregate Regn. No. ER0214570)
taking into account the
performance of all
successful candidates
provided that the aggregate
is not less than 55%.
19 JAYPEE Awarded to a candidate who Rohit Biyani Foundation __ 20 501/800
GROUP passes in all papers of the 209, Bagmari Road Course (62.63%)
PRIZE Intermediate examination, CIT Scheme 7-M of ICSI
AWARD at first attempt, in one sitting, Kankurgachi
without claiming exemption KOLKATA-700054
in any subject and obtaining
the highest percentage of (Roll No. 9859
marks in the aggregate Regn. No. ER0214570)
taking into account the
performance of all
successful candidates.
20. KEDARNATH Awarded to a candidate who Aditi Agarwal (Ms.) Foundation __ 21 497/800
PRAHLADRAI passes in all papers of the 67, Bidhan Sarani (2nd Flr.) Course (62.13%)
DHANUKA Intermediate examination, KOLKATA-700006 of ICSI
MEMORIAL at first attempt, in one sitting,
AWARD without claiming exemption (Roll No. 9835
in any subject and obtaining Regn. No. ER0214135)
the second highest
percentage of marks in the
aggregate taking into
account the performance of
all successful candidates.
21. MAUJI RAM Awarded to a lady Aditi Agarwal (Ms.) Foundation __ 21 497/800
JAIN candidate who passes in all 67, Bidhan Sarani (2nd Flr.) Course (62.13%)
MEMORIAL papers of the Intermediate KOLKATA-700006 of ICSI
AWARD examination , at first
attempt, in one sitting, (Roll No. 9835
without claiming exemption Regn. No. ER0214135)

Student Company Secretary 20 June 2006

 STUDENTS SERVICES
in any subject and obtaining
the highest percentage of
marks in the aggregate
taking into account the
performance of all such
successful lady candidates.
22. SMT. Awarded to a lady Karishma Gupta (Ms.) Foundation 21 476/800
BONDADA candidate who passes in all FE-94, Sector-III Course (59.50%)
SAMANTHA- papers of the Intermediate Salt Lake City of ICSI
KAMANI examination , at first KOLKATA-700091
MEMORIAL attempt, in one sitting,
SILVER without claiming exemption (Roll No. 9834,
MEDAL in any subject and obtaining Regn No. ER0214121)
the second highest
percentage of marks in the
aggregate taking into
account the performance of
all such successful lady
candidates.
23. TAXMANN'S Awarded to a candidate who Prashant Shreeprakash B.Com 23 81/100
PRIZE passes in all papers of the Maheshwary
AWARD Intermediate examination, 303, Astha, Plot No. 89
at first attempt, in one sitting, RSC-37, Gorai-2
without claiming exemption Borivali (West)
in any subject and obtaining MUMBAI-400092
the highest marks in Tax
Laws paper taking into (Roll No. 27546,
account the performance of Regn No. WR0388831)
all successful candidates.
24. PREETI Awarded to a candidate who H V Madhusudan B.Com 22 77/100
PURASKAR passes in all papers of the No. 13/A, Madhu Vilas
Intermediate examination, Vinayaka Layout
at first attempt, in one sitting, Sultanpalyar
without claiming exemption T Nagar Post
in any subject and obtaining BANGALORE-560032
the highest marks in
Company Law paper (Roll No. 19919,
taking into account the Regn No. SR0308946)
performance of all
successful candidates.
25. PREETI Awarded to a candidate who Bhavik Atulkumar Choksi Foundation 20 80/100
PURASKAR passes in all papers of the B-21, Panchsheel Course
Intermediate examination, Bhardawadi Road of ICSI
at first attempt, in one sitting, Andheri (West)
without claiming exemption MUMBAI-400058
in any subject and obtaining
the highest marks in (Roll No. 27553,
Company Secretarial Regn No. WR0389572)
Practice paper taking into
account the performance of
all successful candidates.

FOUNDATION EXAMINATION
26. SULTAN Awarded to a candidate who Akshita Agrawal (Ms.) Sr. Sec. __ 19 366/500
CHAND passes in all papers of the Q No. 5A, Street 22 (73.20%)
TRUST Foundation examination, at Sector-4
PRIZE first attempt, in one sitting BHILAI-490001
AWARD without claiming exemption in
any subject and obtaining the (Roll No.7801
highest percentage of Regn. No. WU0143914)
marks in the aggregate
taking into account the
performance of all successful
candidates.

Student Company Secretary 21 June 2006

 STUDENTS SERVICES
27. SULTAN Awarded to a candidate who Dipak Daga Sr. Sec. 19 357/500
CHAND passes in all papers of C/o Sh. Madanlal Daga (71.40%)
TRUST Foundation examination, at 28/1, N G Mookherjee Lane
PRIZE first attempt, in one sitting, Sibpur Tram Depot
AWARD without claiming exemption in HOWRAH-711102
any subject and obtaining the
second highest percentage (Roll No. 1139,
of marks in the aggregate Regn No. EU0088277)
taking into account the
performance of all successful
candidates.
28. SULTAN Awarded to a candidate who Akkal Dudhwewala Sr. Sec. 18 352/500
CHAND passes in all papers of Aghor & Associates (70.40%)
TRUST Foundation examination, at 12, Mangoe Lane
PRIZE first attempt, in one sitting 1st Floor
AWARD without claiming exemption in KOLKATA-700001
any subject and obtaining the
third highest percentage of (Roll No. 1208,
marks in the aggregate Regn No. EU0089418)
taking into account the
performance of all successful
candidates.
29. DURGADEVI Awarded to a lady candidate Akshita Agrawal (Ms.) Sr. Sec. __ 19 366/500
SARAF who passes in all papers of Q NO. 5A, Street 22 (73.20%)
MEMORIAL Foundation examination at Sector-4
GOLD first attempt, in one sitting BHILAI-490001
MEDAL without claiming exemption in
any subject and obtaining the (Roll No.7801
highest percentage of Regn. No. WU0143914)
marks in the aggregate
taking into account the
performance of all successful
lady candidates.

REGIONAL COUNCIL PRIZE AWARDS

S. Name of the Criteria Name & Address Qualification Occupation Age Marks-
No. Prize Award of the Winner (Yrs.) Obtained
graph

EASTERN INDIA REGIONAL COUNCIL PRIZE AWARDS

1. EIRC Awarded to a candidate who passes Rohit Biyani Foundation 20 68/100
CASH in all papers of the Intermediate 209, Bagmari Road Course of
PRIZE examination, at first attempt, in one CIT Scheme 7-M ICSI
sitting, without claiming exemption Kankurgachi
in any subject and obtaining the KOLKATA-700054
highest marks in 'Company Sec-
retarial Practice' paper taking into (Roll No. 9859,
account the performance of all Regn. No. ER0214570)
such successful candidates from
examination centres situated within
the Eastern Region.
2. KEDARNATH Awarded to a candidate who passes Rohit Biyani Foundation 20 501/800
DHANUKA in all papers of the Intermediate 209, Bagmari Road Course of (62.63%)
MEMORIAL examination, at first attempt, in one CIT Scheme 7-M ICSI
CASH sitting, without claiming exemption Kankurgachi
PRIZE in any subject and obtaining the KOLKATA-700054
highest percentage of marks in the
aggregate taking into account the (Roll No. 9859,
performance of all such successful Regn. No. ER0214570)
candidates from examination centres
situated within the Eastern Region.

Student Company Secretary 22 June 2006

 STUDENTS SERVICES
NORTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. NIRC SILVER Awarded to a candidate who passes Shailza Maheshwary (Ms.) Foundation 22 497/900
SOUVENIR in all papers of the Final examin- D/o Sh. R.S. Maheshwary Course (55.22%)
AWARD ation, at first attempt, in one sitting, 5, Shahadana Colony of ICSI
(For Final without claiming exemption in any Nr. Samta Yoga Ashram
Examination) subject and obtaining the highest 1st Puliya
percentage of marks in the agg- BAREILLY-243003
regate taking into account the
performance of all such successful (Roll No. 38205,
candidates from examination centres Regn. No. NR0329104)
situated within the Northern Region.
2. NIRC PRIZE Awarded to a candidate who passes Sarika (Ms.) Foundation 20 472/800
AWARD FOR in all papers of the Intermediate CC-14A, Shalimar Bagh Course (59.00%)
BOTH examination, at first attempt, in one DELHI-110088 of ICSI
GROUPS sitting, without claiming exemption
(For in any subject and obtaining the (Roll No. 14619,
Intermediate highest percentage of marks in the Regn. No. NR0422859)
Examination) aggregate taking into account the
performance of all such successful
candidates from examination centres
situated within the Northern Region.
SOUTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. SIRC SILVER Awarded to a candidate who passes Ajith Kumar N Choradia M.Com. __ 25 491/900
MEDAL in all papers of the Final examin- 52/64, Guruvappa St. (54.56%)
ation, at first attempt, in one sitting, Chintadripet
without claiming exemption in any CHENNAI-600002
subject and obtaining the highest
percentage of marks in the agg- (Roll No. 45036,
regate taking into account the per- Regn. No. SR0202151)
formance of all such successful
candidates from examination centres
situated within the Southern Region.
2. SIRC PRIZE Awarded to a candidate who passes Ajith Kumar N Choradia M.Com. __ 25 53/100
AWARD in all papers of the Final examin- 52/64, Guruvappa St.
ation, at first attempt, in one sitting, Chintadripet
without claiming exemption in any subject CHENNAI-600002
and obtaining the highest marks in
'Corporate Restructuring Law and (Roll No. 45036,
Practice' paper taking into account Regn. No. SR0202151)
the performance of all such successful
candidates from examination centres
situated within the Southern Region.
3. SIRC-MRS. Awarded to a candidate who passes Ajith Kumar N Choradia M.Com. __ 25 41/100
PANKAJAM in all papers of the Final exami- 52/64, Guruvappa St.
RENGACHARI nation, at first attempt, in one sitting, Chintadripet
SIRC without claiming exemption in any CHENNAI-600002
PRIZE subject and obtaining the highest
AWARD marks in 'Advanced Company Law (Roll No. 45036,
and Practice' paper taking into account Regn. No. SR0202151)
the performance of all such successful
candidates from examination centres
situated within the Southern Region.
4. LATE G. Awarded to a candidate who passes Co-Winners
SUNDARA- in all papers of the Intermediate 1. Srilakshmi R (Ms.) Foundation 22 67/100
RAJAN examination, at first attempt, in one Saikripa, No. 6 Course of
ENDOWMENT sitting, without claiming exemption in Kannappa Mudali ICSI;
AWARD any subject and obtaining the highest Radha Nagar, B.Com
marks in 'Mangement Information Chengalpet
Systems and Corporate Communi- CHENNAI-600044
cation' paper taking into account the
performance of all successful (Roll No. 20658,
candidates from examination centres Regn No. SR0319648)
situated within the Southern Region.

Student Company Secretary 23 June 2006

 STUDENTS SERVICES
2. Asha M (Ms.) BBM 24 67/100
D/o Sh. M B Babu
Door No. 150, Praja Clinic
Singanayakanahalli
Post Velahanka
BANGALORE-560064

(Roll No. 19928,

Regn. No. SR0316701)

3. Krishna N B.Com 22 67/100

No. 18, Type -I
Income Tax Qtrs,
Jayamahal Extn.
BANGALORE-560046

(Roll No. 19931,

Regn No SR0317400)
5. SIRC- Awarded to a candidate who passes Ramakrishna Chowdar B.Com. 23 64/100
V. KUMAR in all papers of the Intermediate Mallemputi
MEMORIAL examination, at first attempt, in one S/o Sh. M Suryaprakash
PRIZE sitting, without claiming exemption Bondalawada Vill.
AWARD in any subject and obtaining the Narpala
highest marks in 'Tax Laws' paper ANANTAPUR-515001
taking into account the performance
of all such successful candidates (Roll No. 21989,
from examination centres situated Regn. No. SR0292690)
within the Southern Region.
HYDERABAD CHAPTER OF SIRC (ICSI) PRIZE AWARDS
1. LATE Awarded to a candidate who passes
MADINEEDI in all papers of the Final examinat-
RAMA ion, at first attempt, in one sitting,
KRISHNA without claiming exemption in any
SUBADRA subject and obtaining the highest
MEMORIAL percentage of marks in the -------------------- NONE-ELIGIBLE-------------------------
AWARD aggregate taking into account the
performance of all such successful
candidates under old as well as new
syllabi from Hyderabad Centre.
2. LATE SHRI M. Awarded to a candidate who passes Ramakrishna Chowdar B.Com. 23 428/800
GURU RAJ in all papers of the Intermediate Mallemputi (53.50%)
RAO examination, at first attempt, in one S/o Sh. M Suryaprakash
MEMORIAL sitting, without claiming exemption in Bondalawada Vill.
GOLD any subject and obtaining the highest Narpala, ANANTAPUR-515001
MEDAL percentage of marks in the aggre-
gate from amongst all such successful (Roll No. 21989,
candidates from Hyderabad Centre. Regn. No. SR0292690)
WESTERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. WIRC Awarded to a candidate who passes Kalpit Ashok Khemka Foundation 22 477/900
MEDAL in all papers of the Final examina- 701, Green Park Apts Course (53.00%)
tion, at first attempt, in one sitting, City Light Road of ICSI
without claiming exemption in any Parle Point
subject and obtaining the highest SURAT-395007
percentage of marks in the
aggregate taking into account the (Roll No. 55536,
performance of all such successful Regn No. WR0335021)
candidates from examination centres
situated within the Western Region.
2. WIRC Awarded to a candidate who passes Ravi ShyamSunder Dayma B.Com 23 472/900
CASH in all papers of the Final examination, B-305, R.K. 'A' (52.44%)
PRIZE at first attempt, in one sitting, without Appa Talav Road
claiming any exemption and Bhayander (East)
obtaining the second highest THANE-401105

Student Company Secretary 24 June 2006

 STUDENTS SERVICES
percentage of marks in the aggregate
taking into account the performance (Roll No. 53113,
of all such successful candidates Regn No. WR0317952)
from examination centres situated
within the Western Region.
3. PAST Awarded to a candidate who passes Kalpit Ashok Khemka Foundation 22 55/100
PRESIDENT in all papers of the Final examina- 701, Green Park Apts Course
CHINUBHAI tion, at first attempt, in one sitting, City Light Road of ICSI
R.SHAH without claiming exemption in any Parle Point
AWARD subject and obtaining the highest SURAT-395007
marks in 'Advanced Company Law
and Practice' paper taking into (Roll No. 55536,
account the performance of all such Regn No. WR0335021)
successful candidates from exa-
mination centres situated within the
Western Region.
4. SUKHLAL Awarded to a candidate who passes Kalpit Ashok Khemka Foundation 22 59/100
C. MODY in all papers of the Final examin- 701, Green Park Apts Course
MEMORIAL ation, at first attempt, in one sitting, City Light Road of ICSI
PRIZE without claiming exemption in any Parle Point
subject and obtaining the highest SURAT-395007
marks in 'Corporate Restructuring-
Law and Practice' paper taking (Roll No. 55536,
into account the performance of all Regn No. WR0335021)
such successful candidates from
examination centres situated within the
Western Region.
5. WIRC PAST Awarded to a candidate who passes Ravi ShyamSunder Dayma B.Com 23 53/100
CHAIRMAN in all papers of the Final examination, B-305, R.K. 'A'
V.K. MATHUR at first attempt, in one sitting, without Appa Talav Road
MEMORIAL claiming exemption in any subject and Bhayander (East)
AWARD obtaining the highest marks in THANE-401105
'Secretarial Practice Relating to
Economic Laws and Drafting and (Roll No. 53113,
Conveyancing' paper taking into Regn No. WR0317952)
account the performance of all
successful candidates from examination
centres situated within the Western
Region.
6. WIRC Awarded to a candidate who passes Raviraghav Narendra Foundation 23 481/800
MEDAL in all papers of the Intermediate Chhawchhari Course (60.13%)
examination, at first attempt, in one 804, Green Park of ICSI
sitting, without claiming exemption in City Light Road
any subject and obtaining the highest Pare Point
percentage of marks in the SURAT-395007
aggregate, taking into account the
performance of all successful (Roll No. 24572
candidates from exmination centres Regn. No. WR0389854)
situated within the Western Region.
7. WIRC Awarded to a candidate who passes Ramanujam S B.Com. 24 462/800
CASH in all papers of the Intermediate 18/22,-A, Manish Kaveri (57.75%)
PRIZE examination, at first attempt, in one Manish Nagar
sitting, without claiming exemption in Andheri (West)
any subject and obtaining the second MUMBAI-400053
highest percentage of marks in
the aggregate, taking into account (Roll No. 27538
the performance of all successful Regn. No. WR0386011)
candiates from examination centres
situated within the Western Region.
8. PAST Awarded to a candidate who passes Raviraghav Narendra Foundation 23 61/100
PRESIDENT in all papers of the Intermediate Chhawchhari Course
CHINUBHAI examination, at first attempt, in one 804, Green Park of ICSI

Student Company Secretary 25 June 2006

 STUDENTS SERVICES
R. SHAH sitting, without claiming exemption City Light Road
AWARD in any subject and obtaining the Pare Point
highest marks in 'Company Law' SURAT-395007
paper taking into account the
performance of all successful (Roll No. 24572
candidates from examination centres Regn. No. WR0389854)
situated within the Western Region.
9. SUGUNA Awarded to a lady candidate who Devanshi Madhu Foundation __ 21 445/800
MEMORIAL passes in all papers of the Inter- Ankleshwaria (Ms.) Course (55.63%)
PRIZE mediate examination, at first attempt, 7, Gokul Niwas of ICSI
in one sitting, without claiming 47, Bajaj Road
exemption in any subject and obtaining Vile Parle (West)
the highest percentage of marks in MUMBAI-400056
the aggregate taking into account
the performance of all successful (Roll No. 27571,
lady candidates from examination Regn. No. WR0391109)
centres situated within the Western
Region.

10. ELVINA PINTO Awarded to a candidate who passes Akshita Agarawal (Ms.) Sr. Sec. 19 366/500
MEMORIAL in all papers of the Foundation Q. No. 5-A, Street-22 (73.20%)
PRIZE examination, at first attempt, in one Sector-4
AWARD sitting, without claiming exemption BHILAI-490001
in any subject and obtaining the high-
est percentage of marks in the (Roll No. 7801
aggregate, taking into account Regn. No. WU0143914)
the performance of all successful
candidates from examination centres
situated within the Western Region.

AHMEDABAD CHAPTER OF WIRC (ICSI) PRIZE AWARDS

1. SHRISH Awarded to a candidate who passes
H. SHAH in all papers of the Final examin-
MEMORIAL ation, at first attempt, in one sitting,
PRIZE without claiming exemption in any
(For Final subject and obtaining the highest ------------- NONE ELIGIBLE------------------
Examination) percentage of marks in the
aggregate taking into account the
performance of all such successful
candidates from Ahmedabad Centre.
2. SHRISH Awarded to a candidate who passes Raviraghav Narendra Foundation 23 481/800
H. SHAH in all papers of Intermediate Chhawchhari Course (60.13%)
MEMORIAL examination, at first attempt, in one 804, Green Park of ICSI
PRIZE sitting, without claiming exemption City Light Road
(For in any subject and obtaining the Pare Point
Intermediate highest percentage of marks in SURAT-395007
Examination) the aggregate taking into account
the performance of all such successful (Roll No. 24572
candidates from Ahmedabad Regn. No. WR0389854)
Centre.

PUNE CHAPTER OF WIRC (ICSI) PRIZE AWARD

1. LATE SMT. Awarded to a candidate who passes
SHAKUNTALA in all papers of the Final examina-
BAI NILKANTH tion, at first attempt, in one sitting,
NAVARE without claiming exemption in any
PRIZE subject and obtaining the highest ------------- NONE ELIGIBLE------------------
AWARD percentage of marks in the
aggregate taking into account the
performance of all such successful
candidates from Pune Centre.

Student Company Secretary 26 June 2006

 SMTP ORGANISED BY H.Q./REGIONAL COUNCILS/CHAPTERS
ELIGIBILITY OF PARTICIPANTS : ICSI final passed candidates. SMTP COURSE CONTENTS: Module I-Filling and Filing of Forms under the
Companies Act, 1956. q Module II-Practical and Procedural Aspects of Convening and Conducting Board Meetings & Annual General Meetings
and Related Aspects. q Module III-Managing Public Issues. q Module IV-Loan Documentation, Joint Ventures & Foreign Collaborations, Raising
Finance through EURO Issues and Export & Import Procedures and Documentation. q 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 Dates & Duration Venue of Programme Contact Address
EIRC of 19.07.2006 EIRO Premises Executive Officer, EIRO of the ICSI, ICSI-EIRC Bldg., 3-A, Ahiripukur 1st
the ICSI to Lane, Near Beck Bagan Nursing Home, Kolkata-700019 Tel. : 22832973/
05.08.2006 22816541 Fax No. : 033-22816542 E-mail : eiro@icsi.edu
NIRC of 01.07.2006 NIRC Premises Executive Officer, NIRC of the ICSI, ICSI-NIRC Bldg., Plot No. 4, Prasad
the ICSI to Nagar Institutional Area, Rajendra Place, New Delhi-110005 Tel. : 25763090/
19.07.2006 25767190 Fax No. : 25722662 (Code No. 011) E-mail : niro@icsi.edu/
icsi@eth.net
SIRC of 26.07.2006 SIRO Premises Deputy Director, SIRC of the ICSI, SIRC-ICSI House, No. 9, Wheat Crofts
the ICSI to Road, Nungambakkam, Chennai-600034 Tel. :044-28279898/28268685
11.08.2006 Fax No. : 044-28268685 E-mail : icsisirc@md3.vsnl.net.in/siro@icsi.edu
WIRC of 24.06.2006 ICSI-CCRT, Plot No. 101 Joint Director, WIRO of the ICSI, 13, Jolly Maker Chambers No. 2, First Floor
the ICSI to Sector - 15, Institutional Nariman Point, Mumbai-400021 Tel. : 22047580/22021826/
09.07.2006 Area, CBD Belapur, 22844073/22047569 Fax No. : 022-22850109 E-mail : wircicsi@vsnl.com/
Navi Mumbai-400614 wiro@icsi.edu
CCRT of 24.06.2006 ICSI-CCRT Programme Co-ordinator, SMTP, CCRT of the ICSI, Plot No. 101, Sector-15
the ICSI to Plot No. 101, Sector 15 Institutional Area, CBD Belapur, Navi Mumbai-400614 Tel. : 27577814-16
09.07.2006 Institutional Area (STD Code : 022) Fax No. : 022-27574384 E-mail : ccrt@vsnl.com
(Residential CBD Belapur
SMTP) Navi Mumbai-400614
The schedule of other SMTPs proposed to be organised by NIRC, SIRC & Bangalore Chapter during 2006 is as under :
NIRC : (i) 01.08.2006 to 19.08.2006 (ii) 04.09.2006 to 20.09.2006
SIRC : 12.09.2006 to 28.09.2006 Bangalore Chapter : 11.09.2006 to 27.09.2006

SCHEDULE OF ACADEMIC DEVELOPMENT PROGRAMMES (ADP)

Every student of the Institute who has been sponsored for 15 months training either in a company or under a Company Secretary in Practice is
compulsorily required to attend and complete 25 Hours Academic Development Programmes (ADP). The duration of each ADP would be eight hours
and those who have attended three such programmes would be deemed to have attended 25 Hours ADP.
Fee Rs. 250/- per participant
The Schedule of ADPs proposed to be organized by EIRC & NIRC is as under :
Organised by Day & Date Venue of the Contact Address
Programme
EIRC of 26.08.2006 EIRO Premises Executive Officer, EIRO of the ICSI, ICSI-EIRC Bldg., 3-A, Ahiripukur 1st
the ICSI Lane, Near Beck Bagan Nursing Home, Kolkata-700019 Tel. : 22832973/
22816541 Fax No. : 033-22816542 E-mail : eiro@icsi.edu
NIRC of 15.07.2006 NIRC Premises Executive Officer, NIRC of the ICSI, ICSI-NIRC Bldg., Plot No. 4, Prasad
the ICSI Nagar Institutional Area, Rajendra Place, New Delhi-110005 Tel. : 25763090/
25767190 Fax No. : 25722662 (Code No. 011) E-mail : niro@icsi.edu
The schedule of other ADPs proposed to be organised during 2006 is as under:
EIRC : (i) 18.11.2006 NIRC : (i) 02.09.2006 (ii) 07.10.2006 SIRC : (i) 18.11.2006

SCHEDULE OF TRAINING ORIENTATION PROGRAMMES (TOP)

Organised by Day & Date Venue of the Programme Contact Address
EIRC of 04.07.2006 EIRO Premises Executive Officer, EIRO of the ICSI, ICSI-EIRC Bldg., 3-A, Ahiripukur 1st
the ICSI to Lane, Near Beck Bagan Nursing Home, Kolkata-700019 Tel. : 22832973/
08.07.2006 22816541 Fax No. : 033-22816542 E-mail : eiro@icsi.edu
NIRC of 19.06.2006 NIRO Premises Executive Officer, NIRC of the ICSI, ICSI-NIRC Bldg., Plot No. 4, Prasad
the ICSI to Nagar Institutional Area, Rajendra Place, New Delhi-110005 Tel. : 25763090/
23.06.2006 25767190 Fax No. : 25722662 (Code No. 011) E-mail : niro@icsi.edu/
icsi@eth.net
The schedule of other TOPs proposed to be organized during 2006, 07 is as under : EIRC : (i) 10.10.2006 to 14.10.2006 NIRC : (i) 26.09.2006
to 30.09.2006 SIRC : (i) 05.09.2006 to 09.09.2006 (ii) 08.01.2007 to 12.01.2007 Bangalore Chapter : 04.09.2006 to 08.09.2006

Student Company Secretary 27 June 2006

LIST OF PRACTISING MEMBERS REGISTERED FOR THE 10. HARSH KUMAR GOYAL PCSA-1357
4th Floor, Nobile Enclave
PURPOSE OF IMPARTING APPRENTICESHIP TRAINING
Bhai Wala Complex
DURING THE MONTH OF APRIL, 2006 Opp. Park Plaza, Ferozepur Road
1. NAVNEET KUMAR PCSA-1348 LUDHIANA-141001
158, Pocket A, New MIG
Mayur Vihar Phase-III LIST OF THE COMPANIES REGISTERED FOR IMPARTING
DELHI-110096 TRAINING DURING THE MONTH OF APRIL, 2006
2. NEERAJ AGGARWAL PCSA-1349 Sl. Region Training Stipend
B-190, Surajmal Vihar No. Period (Rs.)
DELHI-110092 Northern Region
3. RAJEEV KUMAR PCSA-1350 Ebony retail Holdings Ltd. 15 Months Suitable
C-133, Nirman Nagar F-2/1, Khanpur Extension Management
Ajmer Road New Delhi-110062 Training
JAIPUR (RAJASTHAN) Olam Exports (India) Limited 15 Months 3000
4. IRA BAXI (Ms.) PCSA-1351 1st Floor, A-24,Hauz Khas Main Management
19E/3, Chopasni Housing New Delhi-110016 Training
Board, JODHPUR (RAJASTHAN) Western Region
5. PRAVEEN KUMAR BHARTI PCSA-1352 Air India Limited 03 Months 2500
138A, Pocket-F Air India Building Practical
Mayur Vihar Phase-II Nariman Point, Mumbai-400021 Training
DELHI-110091
Eastern Region
6. RAJESH KUMAR SINHA PCSA-1353
Bunglow No. 20 Chembiotek Research 15 and 03 Suitable
West Patel Nagar, NEW DELHI-110008 International Pvt. Ltd. Months
9B, Wood Street, 3rd Floor Practical
7. SWEETY KAPOOR (Ms.) PCSA-1354 Kolkata-700016 Training
Anand Villa, 55, M.I.D. Road
P.O. Parnashree Behala Brahmaputra Iron & Steel 15 and 03 3000
KOLKATA-700060 Co. Pvt. Ltd. Months
Sikaria Complex, 4th Floor Practical
8. RITESH RAGHUNATH MAHAJAN PCSA-1355
S.J. Road, Athgaon Training
7, Vertex Arcade
Guwahati-781001
1281, Sadashiv Peth, PUNE-411030
9. SHILPI THAPAR (Ms.) PCSA-1356 Southern Region
B-4, Arun Complex MEMG International India Pvt. Ltd. 15 and 03 Suitable
Nr. C.U. Shah Science College Manipal Towers Months
Income Tax, Ashram Road 14, Airport Road Practical
AHMEDABAD-380013 Bangalore-560008 Training

STATUS OF TRAINING
(Period from 01-05-2006 to 31-05-2006)
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 been actually as on
Type 30.04.06 month (upto 31.05.06) 31.05.06 30.04.06 the month taken for training 31.05.06
(upto 31.05.06)
15 Months in NIL 29 29 NIL 16 10 26 NIl
Companies
15 Months with NIL 9 9 NIL NIL 41 34 7
CS in Practice
3 Months in NIL 35 30 5
Company/
15 Days in
Optional Area
2. Exemption
1. Number of applications pending as on 30.04.2006 : NIL
2. Number of applications received for exemption : 26
3. Number of exemptions granted : 26
4. Number of pending applications as on 31.05.2006 : NIL

Student Company Secretary 28 June 2006

 NEWS AND
NEWS AND ANNOUNCEMENTS
INSTITUTE NEWS
CS PROGRAMME ON ALL INDIA RADIO
(CAREER DIGEST)
On 19.4.2006 a 20 minutes interview with H.M. Choraria,
President, the ICSI on Career as a Company Secretary was
broadcast on the English Channel of Yuvavani (Delhi D) at 8.40
PM during Career Digest on All India Radio.
PROGRAMME ON CS TELECAST ON CNBC
(AAWAZ)
On 22.4.2006 an eleven minutes programme on Career as a
Company Secretary was telecast on CNBC (Aawaz) during the
career show Hum Honge Kamyab. The programme was aired at
4.30 P.M and 11.30 P.M. and repeated on 23.4.2006 at 5.00 P.M.
The show was also aired on three other occasions during the last
week of April 2006.
The show highlighted the CS course & profession, career
opportunities, examination, cut off dates, ICSI initiatives etc. vide
interviews with the President, Vice President and the Secretary &
CEO, the ICSI and would be screened for Career Counselling
purposes across India.
LIVE PANEL DISCUSSION ON GD II
On 25.4.2006 an hour long Live Panel discussion on Competition
Law was telecast on Gyan Darshan II between 2-30 and 3.30 P.M.
G.R. Bhatia, Additional Director General, Competition Commission
of India, B.K. Kulkarni, Director (Academics) of ICSI addressed
the queries of students and members during the interactive
teleconferencing session. The programmes were coordinated by
Director (Public Relations & Corporate Communication) of the
Institute.
EASTERN INDIA REGIONAL COUNCIL
ORAL COACHING CLASSES
W.e.f. 1.8.2006 the August 2006 batch of Oral Coaching
Classes conducted by the Regional Council for Intermediate
Groups I & II will commence as per the timings given hereunder:
Morning Session : Inter Group I : 7.30 A.M. to 9.30 A.M.
Inter Group II : 7.30 A.M. to 9.30 A.M.
Evening Session : Inter Group I : 6.00 P.M. to 8.00 P.M.
Inter Group II : 6.00 P.M. to 8.00 P.M.
Students may choose to enroll in either of the Groups in Morning
Session or in Evening Session, as per their convenience.
Fees : Rs.2, 500/ per student per Group. Free Library Facilities
for one year for a token Security Deposit of Rs.500 (refundable).
Venue: Eastern India Regional Office of the Institute of Company
Secretaries of India, 3A, Ahiripukur Ist Lane, Kolkata 700 019.
Limited Seats : Enrolment/selection by interview/ screening
process are going on. For further details contact the Executive
Officer, EIRC of the ICSI at the above address. Phone: 22816542;
Mobile: 9231977255.
BHUBANESWAR CHAPTER
ICSI LIVE TELE CONFERENCE
Bhubaneswar to watch the nation wide Live Panel Discussion on
Corporate Restructuring on 28.3.2006, Competition Law on 25.4.2006
and on Banking on 30.5.2006 telecast on Gyan Darshan II. The
Chapter official accompanied the students and members to the local
IGNOU Centre to watch the teleconference. Students and members
also raised queries to the panelist/expert faculty on the topics by
using the toll free telephone from IGNOU study Centre.
Student Company Secretary
ANNOUNCEMENTS
PARTICIPATION IN CAREER FAIR
From 28.4.2006 to 4.5.2006 the Chapter participated in 7 days
Capital Education Fair 2006 organised at Rastrabhasa Prachar Sabha
Ground, Bhubaneswar. The Chapter opened its information center
about the profession of company secretaries by displaying its banners,
posters & pamphlets. A register was also maintained to keep a record
of the visitors who visited the ICSI stall during the seven days fair.
On the concluding day of the fair on 4.5.2006 Nagendra Pradhan,
Honble Minister, Higher Education, Govt. of Orissa, Surama Padhi,
Honble Minister, Co-operation, Government of Orissa visited the ICSI
stall. Surama Padhi, while visiting the ICSI stall enquired about the
response of the students of Orissa in CS Course. She enquired
about the number of students visited the ICSI center during the seven
days fair, the location and address of the office of the ICSI at
Bhubaneswar. Honble Minister went through some of the brochures
of the ICSI and also thanked the ICSI for opening a stall there, which
she said would definitely help the students of Orissa opting for a high
profile career. During the interaction, the Honble Minister was informed
that the Bhubaneswar Chapter has recently inaugurated its own office
premises, wherein all possible infrastructure has been created for
the benefit of the students of Orissa pursuing the CS course.
While speaking on the concluding day of the fair, Nagendra
Pradhan, Honble Minister Higher Education, Govt. of Orissa thanked
all the participants including the ICSI for opening information center
at the fair. He requested all the Institutes, those who have participated
to come forward and provide better career opportunities to the students
of Orissa. During the seven days fair, faculty members from P.G.
Department of Commerce, Utkal University, Bhubaneswar, some
members of the Chapter including S.S.Sonthalia, Vice Chairman,
S.K.Ray, Secretary of the Chapter visited the fair. S.S. Sonthalia and
S.K. Ray explained the students about the future career prospectus
of CS course. During the fair students, parents and the public visiting
the ICSI stall were informed about the CS course, role and functions
of a company secretary, Institutes offices, the course curriculum and
the fee structure. Information about the classroom coaching, library
cum reading room facilities and other programmes conducted by the
ICSI from time to time and about the examination center at
Bhubaneswar was also provided. They have also been informed about
the newly constructed office premises of the Bhubaneswar Chapter.
All the visitors to the ICSI stall were provided with various informative
brochures of the ICSI. The entire 7 days fair was managed and
coordinated by U.C. Mishra, Chapter Official.
ORAL COACHING CLASSES FOR DECEMBER 2006
EXAMINATIONS
The Chapter is organizing Foundation and Intermediate (both
groups) oral coaching classes for appearing in December 2006
examination. The classes are being held from 7 to 10 A.M.and
from 6 to 9 P.M. For the first time, the Bhubaneswar Chapter
has proposed to conduct oral coaching classes for the Final
Students in new office premises of the Chapter at Plot No. 70,
VIP Colony, IRC Village, Bhubaneswar 751015. Tel.No. 0674-
2552282.
The Chapter is also organizing various students programmes/
study circle meetings at its premises. The Chapter is also arranging
management training for its students in the companies/corporations
at Bhubaneswar itself depending upon available vacancies in the
respective organizations. For details students are requested to contact
the Chapter office on the above address or send mail at :
bhubaneswar@icsi.edu or icsibbsr@icsi.edu
NORTHERN INDIA REGIONAL COUNCIL
INAUGURATION OF 102ND SMTP
On 30.5.2006 the 102nd SMTP conducted by the Regional Council
at New Delhi was inaugurated. B. Swarup, Member, National Advisory
Committee, MCA and former Member, CBDT was the Chief Guest.
S. Kumar, Senior Director(Training, Membership and Legal)
29 June 2006
 NEWS AND ANNOUNCEMENTS
complimented the participants on their successful completion of final
examination. He also alerted them that the real life challenges start
now. He asked the participants to update their knowledge as new
laws are coming up. He urged the participants to take the opportunity
of this last leg of training to develop soft skills. He also impressed
upon the participants that the days of compliance are over and days
of excellence are in.
Nesar Ahmad,Central Council Member, the ICSI in his address
pointed out that there is shift in the focus from company law to other
areas. The syllabus review committee is looking into the global
developments. He advised the participants to embrace the fast
changing technology as MCA-21 has become a reality.
G.P.Madaan expressed his happiness that this SMTP has
participants from all over India. He categorically called the SMTP as
Tilak ceremony and appealed to them to take all challenges as brave
soldiers. He gave four mantras of success as sincerity and
seriousness, devotion & dedication belongingness and updation.
B. Swarup, offered his greetings and compliments to the participants.
He claimed that China has become the factory of the world and India
is becoming the office of the world. On reforms in company law, he
appreciated the single window system of legal settlement. As a member
of Irani Committee he felt happy over the new code which is coming
up. He hailed DEMAT system and MCA-21 as very useful to the Indian
economy. He said that the profession of CS is reaching adulthood and
much is in the offing for CS professionals.
TENTH ACADEMIC DEVELOPMENT PROGRAMME
(ADP)
On 20.5.2006, the 10th Academic Development Programme for
students was organized at ICSI-NIRC Building, New Delhi which was
attended by 52 students.
Rajat Tooley, IT Consultant, IBM took session on e-Commerce-
Service Orientation in Architecture, infrastructure consolidation.
Abhitosh Tripathi, IT Consultant, CMC took session on IT initiatives
in VAT- issues in e-Governance, Case studies on VAT, Vishwanathan,
COO, NIIT-Smartserve took session on Emerging Trends in BPO &
KPO. Vivek Agarwal, Company Secretary & Head Legal CMC
Limited took session on Legal Aspects of BPO / KPO, Manoj K. Sinha,
IT Consultant, CMC Limited took session on IT perspective in MIS
and Corporate Governance and Rajeev Ranjan, IT Manager, CMC
limited took session on Digital Signature and DIN.
G.P.Madaan, Immediate Past Chairman, NIRC, Satwinder Singh,
Regional Council Member, NIRC and Vivek Agarwal provided their
best wishes to the participants at the valedictory session and also
distributed programme completion certificates to all eligible students.
TALK FOR STUDENTS ON HOW TO PREPARE FOR
EXAMINATIONS
On 22.5.2006 at a programme organised by the Regional Council
on the above topic J.K. Bareja, Chairman, Career Awareness
Committee, NIRC was the speaker.Bareja gave valuable tips to the
students regarding material to be studied and the dos and donts in
the examination hall. Bareja also replied the queries raised by the
students. The programme was attended by more than 150 students.
INAUGURATION OF ORAL COACHING CLASSES
On 3.5.2006 the oral coaching classes conducted by the Regional
Council for December 2006 examination were inaugurated at Prasad
Nagar, New Delhi. The morning session was addressed by Atul Mittal,
Chairman, Oral Coaching Committee and the day session was
conducted by S.Koley, Regional Council Member, NIRC. Around 300
students attended both the sessions. K.K. Narula, AO(N) and S.P.
Rao. OT Coordinator explained the modalities of coaching.
CHANDIGARH CHAPTER
TWENTY-SECOND SECRETARIAL MODULAR
TRAINING PROGRAMME
On 21.5.2006 the Chapter organized the valedictory function of
the 22nd Secretarial Modular Training Programme at Chandigarh. Punit
Student Company Secretary
K. Abrol, Chairman NIRC was the Chief Guest. Dr. N.K. Sahni, Co-
ordinator of the SMTP said that during the 15 days training programme
a lot of practical things have been told to the participants which would
enhance their knowledge and help them in developing their future
career. Atul V. Sood, Chapter Chairman apprised the participants
about the need and scope of SMTP and advised them to interact with
experienced Faculty and Sr. Members of the profession even after
completion of their training.
Punit K. Abrol said that SMTP was a wonderful occasion to the
participants to interact with experienced faculties and get benefits
from the rich experience of senior members of the profession. He
made them aware about the various roles, duties, functions and
responsibilities of company secretaries. He conveyed his best wishes
to the participants and distributed the training completion certificates
to all eligible candidates. He wished the participants for their bright
and promising career. The valedictory function was attended by a
large number of faculty members. Mitil Kumar Birla was adjudged as
the best participant of the SMTP.
JAIPUR CHAPTER
PARTICIPATION IN INTERNATIONAL EDUCATION
AND CAREER FAIR
From 13.5.2006 to 21.5.2006 the Chapter participated in a 9 Day
International Education and Career Fair organised by Rajasthan
Patrika a leading daily newspaper of Rajasthan and Gyan Vihar at
SMS Stadium, Jaipur. Ghanshyam Tiwari, Honble Minister of
Education and Rajendra Singh Rathod, Honble Minister for PWD,
Government of Rajasthan inaugurated the Career Fair.
A large number of students and their parents visited the ICSI stall
put up by the Chapter. The visitors at the ICSI stall enquired about
the CS Course and the prospects of the profession. The visitors were
informed of the syllabus and admission procedure, the oral coaching
facilities being provided by the Chapter, the prospects of the
profession, etc. The Managing Committee of the Chapter expressed
its gratitude to the organisers for allowing the Chapter to put up its
stall in the International Education and Career Fair. In all the days
during the career fair the staff of the Chapter along with G.C. Sharma,
Executive Officer were present at the ICSI stall.
SOUTHERN INDIA REGIONAL COUNCIL
ORAL COACHING CLASSES FOR FOUNDATION/
FINAL LEVELS OF CS COURSE FOR DECEMBER
2006 EXAMINATIONS
SIRC of the ICSI proposes to conduct Oral Coaching Classes
for Foundation and Final (Gr.I & Gr.III) of the CS course as per
details given below :
Stage Date of Timings Fees Last Date for
Commen- receipt of
cement application
Foundation 10.7.2006 9.00 A.M. to Rs.3000/- 03.7.2006
(Morning) 11.00 A.M
Foundation 10.7.2006 4.00 P.M. to Rs.3000/- 03.7.2006
(Evening) 6.00 P.M
Final Group I 03.7.2006 6.00 P.M. to Rs.3,200/- 27.6.2006
(Evening) 8.00 P.M
Final Group III 03.7.2006 6.00 P.M. to Rs.3,200/- 27.6.2006
(Evening) 8.00 P.M per group
For further details contact :
SIRO of the ICSI, NewNo.9, Wheat Crofts
Road,Nungambakkam, Chennai 600 034 .
Phone : (044) 28279898; 28268685.
E-Mail : siro@icsi.edu; icsisirc@md3.vsnl.net.in
30 June 2006
 NEWS AND ANNOUNCEMENTS
COIMBATORE CHAPTER
INTERACTIVE SESSION WITH SCHOOL TEACHERS
On 23.4.2006 the Chapter organized an Interactive session with
School Teachers on the topic Recent Developments in Business at
Coimbatore. R. Venkateswaran Chairman of the Chapter in his
welcome address detailed on the company secretaryship course
and the career opportunities available. K. Ravi, Chief Financial Officer
and Company Secretary, Roots Industries Limited, Coimbatore
delivered a speech on the topic Impact of Direct Taxes in Economic
Liberalisation. L. Sayee Mohan, Senior Manager, Deloitte Haskins
& Sells, Coimbatore delivered a speech on Recent Trends in Indirect
Taxation. M. Easwaran, Practising Member talked on the subject
SEBI and Capital Market. The speakers clarified doubts raised by
the participants. K. Muthusamy, Vice Chairman of the Chapter, G.
Vasudevan, Practising Member and G. Balasubramaniam, Company
Secretary, Roots Multiclean Limited, Coimbatore talked about the
professional role of a company secretary in the corporate environment
and the expanding opportunities in growing economy. Around 25
teachers from various schools participated in the programme.
EDUCATION FAIR
From 26.4.2006 to 28.4.2006 the Chapter participated in the
Education Fair organized by Dinamalar a leading Tamil Daily. Around
100 Educational Institutions participated in the Fair. Nearly 5000
students and academics visited the Fair. An audio-visual presentation
about the Institute and the career prospects was displayed. The
Chairman, Management Committee Members and our Members
actively involved in the Fair by their presence in the Institutes stall.
Members explained about the course and the career prospects for
company secretaries to parents, students and faculties who visited
the ICSI stall. Course information brochures for the Foundation and
Intermediate Courses were distributed at the Fair.
HYDERABAD CHAPTER
WORKSHOP ON EFFECTIVE PUBLIC SPEAKING
SKILLS
On 21.5.2006 the Chapter organized a Students Workshop on
Effective Public Speaking Skills. V. Ahalada Rao, Chapter Chairman
welcomed the speaker and explained the importance of the public
speaking skills. S. Bala Chandra, Company Secretary, Surana Group
conducted a workshop on Effective Public Speaking using various
methods of communication enabling all the students to participate
and benefit from the same. The trainer made use of slides show, live
show, interactive sessions, question and answer sessions etc. making
the workshop fruitful to all the participants. There were 50 participants
in the work shop.
CAREER AWARENESS PROGRAMME
On 29.5.2006 the Chapter organized a Career Awareness
Programme in Association with Youth Quest Christian Ministries,
Hyderabad. S. Bala Chandra, Company Secretary, Surana Group
addressed the students about the company secretaryship course and
the opportunities available to the profession. He also explained them
how the professional courses are different from traditional courses
and also guided them how to come out successfully in the professional
examinations. S. Balachandra was assisted by V.S. Raju, In Charge
Oral Coaching of the Chapter for conduct of the programme.
FIFTH ACADEMIC DEVELOPMENT PROGRAMME ON
SHARE DEPARTMENT & DEPOSITORY AND PUBLIC
ISSUE & LISTING
On 9.4.2006 the Chapter organised its 5th Academic Development
Programme on Share Department & Depository and Public Issue &
Listing at its premises. C. Sudhir Babu, Executive Director & Company
Secretary and S.S. Marthi, Company Secretary in Practice were the
speakers. Both the speakers made power point presentation. C. Sudhir
Student Company Secretary
Babu in his address explained Eligibility Norms, Entry Norms,
Exemptions, Free Pricing, Book Building, Price Band, Decides the
Price Band, Firm Allotment, Issue Process, Green-Shoe Option,
Syndicate Member and also explained BSE Listing, NSE listing.
S.S. Marthi explained various aspects of Transfer, Transmission
and Dematerialization of Shares, Public Limited Company, Private
Limited Company and also emphasised the need for dematerialising
the share certificates.
INAUGURATION OF 58TH BATCH ORAL COACHING
On 24.4.2006 the Chapter commenced its 58th Batch of Oral
Coaching Classes for Intermediate & Foundation levels at its premises.
Datla Hanumanta Raju, Council Member, the ICSI inaugurated the
Oral Coaching Classes. K.K. Rao, Chairman, Oral Coaching &
Students Facilities Committee while welcoming the students
congratulated the students for choosing the company secretary course
and explained the modalities of the oral coaching, eligibility criteria &
library facilities etc. He impressed upon the need for reading of
newspapers by students. V. Ahalada Rao, Chapter Chairman
explained the importance of hard work, self motivation, dream to
achieve and also job opportunities in employment and in practice.
Datla Hanumanta Raju, Council Member, the ICSI in his address
explained the priority, planning & action.
THIRUVANANTHAPURAM CHAPTER
STUDY CIRCLE MEETING ON EXAMINATION
TECHNIQUES
On 01.03.2006 the Chapter organised a study circle meeting on
How to Approach CS Examinations at Chapter seminar hall. Baiju
Ramachandran, Secretary of the Chapter in his welcome address
explained the importance and objectives of the meeting. Guest
speaker P C Devis, DGM of KLD Board spoke on techniques and
strategies to be adopted to approach CS examinations. About 50
students of foundation, intermediate and final levels took part in the
meeting and were highly motivated.
CAREER AWARENESS PROGRAMMES
On 29.04.2006 the Chapter conducted a Career Awareness
Programme on Company Secretaryship course during the contact
class of M.Com course of Kariavattom Study Centre, Institute of
Distance Education, Kerala University, Thiruvananthapuram. IDE
Course Co-ordinator Dr.R Gangadharan Nair and Secretary of
Thiruvananthapuram Chapter Baiju Ramachandran spoke about the
Institute and its Chapter on the occasion. Around 50 students attended
the programme.
Again on 30.03.2006, the career awareness programme was held
at University Institute of Technology, Kowdiar, Thiruvananthapuram.
Course Co-ordinator Udayarajan and Chapter Secretary Baiju
Ramachandran addressed the participants. They explained the role
and importance of company Secretaryship course in the changing
economic scenario. They also highlighted the opportunities available
for those who completed the company Secretaryship course.
VALEDICTORY FUNCTION OF ORAL COACHING
CLASSES
On 01.04.2006 the Chapter organised a meeting of students and
faculties of oral coaching at Chapter seminar hall on the occasion of
valedictory function of oral coaching classes. Baiju Ramachandran,
Secretary presided over the meeting. The Secretary addressed the
participants on the role of company secretary and importance of the
profession. Sashikumar and R.Sudhakaran, faculty members of the
Chapter explained the opportunities available for those who complete
the company Secretaryship course. They advised the students to work
hard and also to improve communication skills. The students
representatives spoke about the importance of sharing knowledge
and maintaining friendly relation among the members and students.
31 June 2006
 NEWS AND
INAUGURATION OF 35 TH BATCH OF ORAL
COACHING CLASSES
On 12.04.06 the 35th batch of oral coaching classes for intermediate
course was inaugurated by G.Raman Pillai, SIRC Member. Raman
Pillai in his welcome address explained the potential areas for the
company secretaries in employment as well as in practice. Bijoy P
Pulipra, Company Secretary of KIMS in his address explained the
modalities of oral coaching classes. He advised the students to attend
the classes regularly and to utilise the library facilities of the Chapter.
WESTERN INDIA REGIONAL COUNCIL
AURANGABAD SATELLITE CHAPTER
CAREER COUNSELLING PROGRAMME
On 3.4.2006 a fifteen minutes programme based on the Interview
of M.N. Bhalekar on Company Secretaryship course was telecast at
5.30 P.M. on All India Radio, Aurangabad in local Marathi language.
INDORE CHAPTER
NINTH TRAINING ORIENTATION PROGRAMME
From 7.4.2006 to 11.4.2006 the Chapter successfully organized
its 9th Training Orientation programme (TOP) at its premises. Thirteen
students from various cities participated in the programme. Sunil
Jain, PCS & Faculty at Indore was the Chief Guest at the inaugural
session. The Chief Guest along with the Chapter Chairman Kaushal
K. Agrawal and Chapter Secretary Rajeev Bais inaugurated the
programme. Sunil Jain while addressing the participants gave
information about the career opportunities. Chapter Chairman &
Secretary gave information about the topics of Training Orientation
Programme & faculties.
During the 5 days programme, various faculties from different
professions delivered lectures on the topics prescribed by the Institute
as under:
The topic File Management was dealt with by R.C. Bagdi, PCS at
Indore & faculty; Drafting of Minutes, Notices and Resolution was
discussed by Sumit Behl, Company Secretary of Arihant Capital
markets Ltd. Indore (M.P); Manju Mundra, PCS & Chairperson of
Professional Development Committee of the Indore Chapter dealt
with Usefulness of Reading Newspaper; Vijayesh Atre, Past Secretary
& Chairman of the Indore Chapter dealt with the topics Organization
Structure, Role and Function of Competition Commission of India
NCLT/NCLAT/ROC; The topic Group Discussion and Time
Management was dealt with by Pankaj Kothari, C.A., Mgmt, Educator
& trainer; The topic Meaning of Professionals was discussed by
Mukesh Garg, Company Secretary of Steel Tubes of India Ltd; Rakesh
Garg, Past Chairman of the Chapter dealt with Organization Structure,
Role and Functioning of Stock Exchange/SEBI, RBI, DRT; Future
Prospects by M.K. Apte, Former Secretary & Vice Chairman of the
Chapter; the topic How to qualify Professional Examination was dealt
with by Rajendra Kewliya, Past Secretary & present Vice Chairman
& Treasurer of the Chapter; Usefulness of Professional Development
Programme was the topic discussed by K.G. Mujawdiya, PCS & Past
Chapter of the Chapter; Writing of Curriculum Vitae & Interview
Techniques was dealt with by Amiya Pahare, Professor at Holkar
College, Indore; Personality Development, Dress Code & How to Carry
Oneself was discussed by Chahaya Gupta, PCS at Indore & currently
a member of PCS Committee of the Chapter; Computer-Internet/E-
Mail was deliberated by Sudhendhu Kopergaonkar, Director of
Avancer Solutions Pvt.Ltd., Indore; Significance of Training was dealt
by Kaushal K. Agrawal, PCS, Past Secretary & Treasurer of the
Chapter & currently the Chairman of the Chapter; the topic Self
Assessment was discussed by Kailash Sharma, Founder Director &
Trainer of Study Center at Indore; Office Culture was dealt with by
Aseem Trivedi, Practising CA at Indore & Faculty; Managing Under
Crisis and Communication Skills were the topics discussed by Abhay
Student Company Secretary
ANNOUNCEMENTS
Doud Khane, Regular Faculty at Prestige Institute of Management,
Indore; Code of Conduct was discussed by Ajit Jain, PCS & Past
Chairman of the Chapter.
At the valedictory session of the programme held on 11.4.2006
Chief guests Manju Mundra & Ajit Jain gave the Training Completion
Certificates to the participants. Chapter Chairman Kaushal K. Agrawal
& Vice Chairman and Treasurer of the Chapter Rajendra Kewliya
along with both the Chief Guests explained the scope and prospects
of the profession of Company secretaries. They also motivated the
participants for their career. Chapter Chairman also shared other
information regarding Chapter activities.
THANE CHAPTER
ORAL COACHING CLASSES FOR INTERMEDIATE
(GROUP II) STUDENTS
W.e.f. 3.7.2006 the Chapter proposes to commence the
next batch of Oral Coaching Classes for Intermediate (Group
II) students. For further details contact the Chapter Office at
206, Swastik Plaza, 2nd Pohkran Road (Subash Nagar) Prior
to Voltas Ltd., Thane (W) 400601. Phone : 25444479.
E-mail : rrajguroo@yahoo.co.in
ATTENTION STUDENTS!
Students writing answers to response sheets for the Test Papers
1/2006 to 5/2006 of the paper Direct and Indirect Taxation Law
and Practice of Final course may please note that in Part A of all
test papers, they are required to write answer to Question No. 1,
which is compulsory and any one Question from the rest of the two
Questions i.e., either Question No. 2 or Question No. 3 respectively.
STUDENTS QUIZ
PRIZE QUERY
A company was under liquidation and the Official
Liquidator took charge of the properties of the company.
Before the winding up order was passed a suit for recovery
of a secured loan extended by a financial institution which
was pending in a civil court, was transferred to the Debt
Recovery Tribunal (DRT). The DRT made an order for the
sale of the property. The Official liquidator did not appear
before the DRT when the order as above was made. Some
of the directors of the company approached the High Court
for issue of directions to the Official Liquidator to
participate in the sale proceedings in the interest of the
company, secured creditors and workmen. In such an action
of the directors of the company tenable in law?
CONDITIONS
1. Answer should not exceed one page typed in double space.
The answer sheet should contain the name, registration
number and address of the student.
2. Last date for receipt of answer is 16th July, 2006.
3. Two prizes (a first and a second) in kind will be awarded to
the best answers and the names of the contributors will be
published in the Bulletin.
4. The envelope should be superscribed Students Query, June
2006 and addressed by name to N.K. Jain, Secretary &
Chief Executive Officer, The Institute of Company
Secretaries of India, ICSI House, 22, Institutional Area, Lodi
Road, New Delhi-110003.
32 June 2006
Student Company Secretary 33 June 2006
 ONLINE REGISTRATION FOR FOUNDATION/REGULAR COURSE

Student Company Secretary 34 June 2006

Student Company Secretary 35 June 2006
 BANGALORE CHAPTER
"Sheriff Chambers", 3rd Floor, Rear Block, 14, Cunningham Road, Bangalore-560052

7th ALL INDIA STUDENTS' CONFERENCE

Theme : Emerging Areas in the Profession-An Insight Faculty : Eminent Faculty from the Profession and
Industry would address the delegates
Days & Dates : Saturday & Sunday the 29th & 30th July, 2006
Fees : Rs. 100/- per delegate (for local students)
Time : 9.00 AM to 6.00 PM
Rs. 200/- per delegate (inclusive of
Venue : Institution of Agricultural Technologies lodging for one day for outstation
No. 15, Queens Road, Bangalore-560052 students on first-come-first served basis)

For Enrolment and further information, please contact :

Ms. Sangeetha Flora
Executive Officer
The ICSI-Bangalore Chapter
"Sheriff Chambers", 3rd Floor, Rear Block, 14, Cunningham Road, Bangalore-560052
Tel. No (s). : 22286574 & 22287158 Telefax : 22261861 E-mail : bangalore@icsi.edu

5TH ALL INDIA NATIONAL ELOCUTION COMPETITION

ORGANISED BY
AHMEDABAD CHAPTER OF WESTERN INDIA REGIONAL COUNCIL OF

VENUE : S-2, B TOWER, CHINUBHAI TOWERS, OPP. HANDLOOM HOUSE, ASHRAM ROAD, AHMEDABAD-380 009
DAY & DATE : SATURDAY, 8TH JULY, 2006 TIME : 10:30 AM
Eligibility: Bonafide registered students of the ICSI shall be eligible to participate in the competition. Students who have passed their Final
CS Examinations but undergoing training shall not be eligible to participate in the competition. Each Chapter can send maximum 2(Two)
participants to its Regional Office for the semi-final round on the basis of the preliminary round held at the Chapter. Each Regional Office
after conducting the Semi-final round may send maximum 2 (Two) participants for the final competition to be held at Ahmedabad.
Last Date for receiving nominations from Regional Offices is 5th July, 2006. Regional Offices should conduct the Semi-final rounds
not later than 30th June, 2006. Final rounds will be held on Saturday, the 8th July, 2006 at 10:30 AM
For Details please contact:
Shri Vidyut Vasavada
Executive Officer
The ICSI Ahmedabad Chapter
Ph : 079-26589343, 079-32918705, +91-9879765656 (M)
Fax : 26587965 E-mail: ahmedabad@icsi.edu
TOPIC FOR SEMI FINAL ROUND
ROLE OF COMPANY SECRETARY IN THE DIGITAL WORLD
TOPIC FOR FINAL ROUND
COMPANY SECRETARY AND GOOD CORPORATE GOVERNANCE PRACTICES

Student Company Secretary 36 June 2006

 4th All India Moot Court Competition - 2006
Northern India Regional Council ( NIRC ) of The Institute of Company Secretaries of India ( ICSI )
jointly with Surana & Surana International Attorneys , Chennai is organizing the 4th All India Moot
Court Competition - 2006.
It will be a three tier program:
Chapter Level
Regional Level
National Level
All the Chapters/Satellite Chapters in the first instance would organize Moot Court Competition for the
students at their level. One winning team from each Chapter level event (consisting of not more than
four students) would be participating in the Regional Level Competition to be held at their respective
Region. One winning team (consisting of not more than four students) from each Region would be
participating in the National level event to be held at New Delhi on 21st , 22nd and 23rd July, 2006.
The winner of the Moot Court Competition will be presented award in the 34th National
Convention of Company Secretaries scheduled to be held on 7th, 8th & 9th September, 2006 at
Kolkata.
The expert team of Surana & Surana , International Attorneys will be visiting all the four Regional
Offices to conduct the Regional level Competition as per schedule mentioned below:
Round Dates Venue & Registration to be sent to
Orientation Preliminary Semi-Final
Rounds and Final Rounds
(Saturday) (Sunday) (Monday)
ICSI EIRC Building, 3-A Ahiripukur I lane
East 24 June 2006 25 June 2006 26 June 2006 Kolkata 700 019
Ph: 033 - 2281 6541/2283 2973
ICSI - WIRC, 13 Jolly Maker Chambers No
West 1 July 2006 2 July 2006 3 July 2006 II (1st floor) Nariman Point, Mumbai 400 021
Ph: 022 2202 1826/2284 4073
ICSI SIRC House, Old No 4 New No. 9
South 8 July 2006 9 July 2006 10 July 2006 Wheat Crofts Road Nungambakkam,
Chennai 600 034
Ph: 044 - 2822 2212/2827 9898
North 15 July 2006 16 July 2006 17 July 2006 ICSI-NIRC Building, Plot No 4, Prasad
Nagar Institutional Area, Rajendra Place,
NATIONALS 21 July 2006 22 July 2006 23 July 2006 New Delhi 110 005
(Friday) (Saturday) (Sunday) Ph: 011 2576 3090/2576 7190

For complete details please contact

The Executive Officer
NIRC of The ICSI
4, Prasad Nagar Institutional Area, New Delhi-5.
Tel: 25763090,25767190, Email: eoniro@icsi.edu; niro@icsi.edu

Student Company Secretary 37 June 2006

 6TH ALL INDIA COMPANY LAW QUIZ

SOUTHERN INDIA REGIONAL COUNCIL

is organizing an
All India Company Law Quiz for Students
on
Saturday, the 12th August, 2006
at
ICSI-SIRC House, 9, Wheat Crofts Road, Nungambakkam, Chennai - 600004.
It will be a three tier programme :
l Chapter Level l Regional Level l National Level
All the Chapters/Satellite Chapters in the first instance would organize Company Law Quiz Programme for the students at their level. The
winners from each Chapter level event consisting of not more than two students would be participating in the Regional Level Programme
to be held at their respective Region. One team consisting of two winning contestants from each Region would be participating in the
National Level event to be held at Chennai on 12th August 2006.
A rolling shield would be presented to the winner team of the national level event at the National Convention. The winner team, who would
be invited to attend the 34th National Convention of the Institute scheduled to be held at Kolkata from 7-9, September 2006 without
payment of Delegate Fee, but have to make their own travel and stay arrangements. A Certificate of Participation will be issued to all the
participants of the National Level Event by SIRC.
For further details, interested students may contact their concerned Chapter/Regional Council
(Regional Level Programme of SIRC to select the best two students to represent SIRC at National Level event
will be held on 11th August 2006 at ICSI-SIRC House, 9, Wheat Crofts Road, Nungambakkam, Chennai-600004.

EASTERN INDIA REGIONAL COUNCIL

Organizes its

21ST REGIONAL CONFERENCE OF STUDENT

COMPANY SECRETARIES
15th July, 2006 (Saturday)
from 09.00 AM to 6.00 PM
at
The Senator Hotel, 15, Camac Street, Kolkata - 700017
Participation Fee : Rs. 300/- per student
For enrolment contact :
Executive Officer - EIRO of the ICSI
3A, Ahiripukur Ist Lane, Kolkata - 700019
Tele : 033-22832973, 22816541/42
E-mail ; eiro@icsi.edu

Student Company Secretary 38 June 2006

 ADVERTISEMENT TARIFF

Student Company Secretary 39 June 2006

Student Company Secretary 40 June 2006