VOLUME NO.

XXIII 1 JANUARY 2006

EDITORIAL ADVISORY CENTRAL COUNCIL

Annual Subscription
BOARD MEMBERS
Rs. 50
CHAIRMAN PRESIDENT Single Copy
S. BALASUBRAMANIAN R. RAVI Rs. 5.00
MEMBERS VICE-PRESIDENT
Edited, printed and published
(In alphabetical order) H.M. CHORARIA by N.K. Jain for the Institute of
V. K. AGARWAL MEMBERS Company Secretaries of India,
GAURAV K. BANERJI (In alphabetical order) 'ICSI House', 22, Institutional
V. K. BHASIN BIPIN S ACHARYA Area, Lodi Road,
G. R. BHATIA NESAR AHMAD New Delhi - 110003
MAHESH ANANT ATHAVALE l Phones : 24617321-24,
RENU BUDHIRAJA (MS.)
24644431-32, 51504444
RAMESH CHANDER RITA DIXIT (MS.)
l Grams : Compsec
DELEP GOSWAMI DATLA HANUMANTA RAJU l Fax : 91-11-24626727
DR. SANJEEV KUMAR S.D. ISRANI (DR.) l E-mail : info@icsi.edu
PRADEEP K. MITTAL PREETI MALHOTRA (MS.) l Web : http://www.icsi.edu
U. C. NAHTA Y S MALIK l Printed at Daily Tej Pvt. Ltd.
T. V. NARAYANASWAMY PRADEEP K. MITTAL 8-B, Bhadurshah Z. Marg, New
PROF. R. S. NIGAM R. NARAYANAN Delhi. l Phones : 23317911,
R. K. PANDEY SAVITHRI PAREKH (MS.) 23731750, 23314410.
AMIT KUMAR SEN l The Institute is not in anyway
S. RAVI
responsible for the result of any
DR. V. K. SINGHANIA V. SREEDHARAN
action taken on the basis of the
R. VASUDEVAN P. P. ZIBIJOSE advertisements published in
EDITOR & PUBLISHER SECRETARY & CHIEF EXECUTIVE OFFICER this Bulletin.
N. K. JAIN 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 08
l Students Quiz [Prize Winners] 10
l Schedule of Training Orientation Programmes 12
l Students Services 13
l CS Examination-June, 2005 All India Prize Awards 17
l SMTP Organised by HQ/RCs/Chapters 30
l Schedule of Academic Development Programme 30
l News and Announcements 31

Student Company Secretary 1 January 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 January 2006

 FROM THE PRESIDENT
A pessimist sees the difficulty in every opportunity;
an optimist sees the opportunity in every difficulty.
Sir Winston Churchill
Dear Students,

At the out set, I would like to convey you all my best wishes for the Happy and Prosperous New Year 2006. May
the dawn of New Year prop up within you the unconquerable desire to excel in what ever pursuit you are
engaged in your life and fulfill all your wishes you have been longing for.
Friends, there goes a wise dictum that time and tide wait for none. Time is the most powerful factor in each and
every walk of life. Nobody can ever escape from its clutches. Time is not something man can tamper with, it just
keeps marching on regardless. How time fleets one does not realize. We cannot see or feel time. Therefore it
is best to make the best possible use of time for individual growth, development and prosperity. The applicability
of time is universal and as stated above no body can tamper with it. Moreover, it does not discriminate between
one individual and another. So I am not an exception. Friends, my tenure as President of the Institute will be
over on 19th January 2006 and this is my last communication through the Student Company Secretary to all of
you. During my tenure as President, it has been my endeavour to serve the profession and its students with
equal zeal and commitment and bring about all round improvement in the services being granted to the student community of this vibrant
course. I take this opportunity to recount some of the major achievements /developments that have taken place during the year.
ICSI National Award for Excellence in Corporate Governance
Corporate governance is not only the key to corporate excellence but it is basic to social and national excellence because compliance of law,
ethics and best management practices lead to upliftment of all segments of society. The conferment function for ICSI National Award for
Excellence in Corporate Governance for the year 2005 was held on January 13, 2006 at Convention Hall, Bombay Stock Exchange Ltd.,
Mumbai. Shri Prem Chand Gupta, Honble Union Minister of State for Company Affairs presented the ICSI National Award for Excellence in
Corporate Governance for the year 2005 to two Best Governed Companies viz. Dabur India Ltd. and Infosys Technologies Ltd. Shri P. D.
Narang, Group Director Corporate Affairs, Dabur India Ltd., and Shri Srinath Batni, Director and Group Co. Head World Wide Customer
Delivery, Infosys Technologies Ltd. received the Awards.
ICSI Life Time Achievement Award for translating excellence in corporate governance into reality was conferred on Shri Brijmohan Lall Munjal,
Chairman, Hero Group, in recognition to his remarkable contribution to the corporate sector. The Company Secretaries of the Award Winning
companies were also honoured for their invaluable inputs and contribution in the management strategy, compliance of law and adherence to
ethical standards thus strengthening the corporate governance practices in the companies.
The function was preceded by a Panel Discussion on Independence of Directors: by Statute or by Cultivation. The dignitaries on panel
included:Ms. Naina Lal Kidwai, Deputy CEO, HSBC India. Shri Rajnikant Patel, Managing Director & CEO, Bombay Stock Exchange Ltd., Shri
Deepak M. Satwalekar, MD & CEO, HDFC Standard Life Insurance Company Ltd. and Shri Shailesh Haribhakti, Managing Partner & CEO,
Haribhakti Group. A Souvenir & a Book on Corporate Governance were also released on the occasion.
The 33rd National Convention
The 33rd National Convention on the theme Transforming for Globalisation Breaking the Barriers was successfully organized by the Institute on
October 20-22, 2005 at Chennai Trade Centre, Chennai. The Convention was inaugurated by Ms. Komal Anand, Secretary, Ministry of Company
Affairs, Government of India. In her address, Ms. Komal Anand said that Indian professionals should not be averse to meeting challenges arising
from external competition. Indian professionals must organize themselves as large entities and develop capacity to compete with international
firms. Ms. Komal Anand pointed out that the Indian Government was working with the authorities of other countries for recognition of Indian
qualifications within a reasonable time frame. Other countries are also eyeing the vast Indian market, and Indian professionals should not be
averse to the challenge.
Foundation Day and Silver Jubilee Celebrations of the Institute
The Institute celebrated the Silver Jubilee of its Statutory Status and Foundation Day on October 4, 2005 at New Delhi. Dr. Tarun Das, Chief
Mentor, Confederation of Indian Industry delivered the Foundation Day Lecture on The Professionals Partners in National Development.
On this occasion, the Institute felicitated its Past Presidents for their illustrious services to the profession and Dr. Tarun Das presented
Mementoes to them. Speaking on the role of Company Secretary, Tarun Das explained that the Company Secretary being the conscience
keeper and protector of ethics and conduct of the company, can lead the company towards good corporate governance.
International Conference.
An International Conference on the theme India-Singapore : Foreign Strategic Alliances and Building Successful Partnerships was successfully
organised by the Institute jointly with the Singapore Association of the Institute of Chartered Secretaries and Administrators at Singapore. The
Comprehensive Economic Cooperation Agreement between India and Singapore being the hallmark of the deliberations was launched on the
very day at the Conference.
Meeting of the International Federation of Company Secretaries
The Institute of Corporate Secretaries of Pakistan hosted the second meeting of the International Federation of Company Secretaries at
Karachi. The Presidents and other office bearers of the Institute of Corporate Secretaries of Pakistan, the Institute of Chartered Secretaries and
Managers of Bangladesh, the Institute of Certified Public Secretaries of Kenya, besides a delegation of our Institute comprising myself,
Secretary & CEO and some Council Members attended the meeting. The members deliberated on various issues including inclusion of
separate head in the WTO Services Sectoral Classification for Corporate Governance and Secretarial Services; paperwise reciprocal exemption
in examinations; joint research programmes; exchange programmes for members and students; sharing of publications; holding of joint conferences
and seminars, etc. You will appreciate that future opportunities are being created for by internationalizing the profession.
National Seminar on New Company Law
The Institute successfully organised a National Seminar on New Company Law (Dr. J.J. Irani Expert Committee) at New Delhi. The seminar
was inaugurated by Shri Prem Chand Gupta, Honble Minister of State for Company Affairs (Independent Charge). Dr. J.J Irani, Chairperson,
Expert Committee and Shri Jitesh Khosla, Joint Secretary, Ministry of Company Affairs graced the inaugural session as Guests of Honour.
Members of Dr. J. J. Irani Committee enlightened the participants on insights into the recommendations of the Committee.
Seminar on Concept Paper on Limited Liability Partnership Law
The Institute organised a Seminar on Concept Paper on Limited Liability Partnership Law on December 17, 2005 at PHD House, New Delhi to
discuss threadbare various provisions of the proposed Concept Paper. The Seminar was inaugurated by Shri P C Gupta, Honble Minister of State

Student Company Secretary 3 January 2006

for Company Affairs. Smt. Komal Anand, Secretary, Ministry of Company Affairs was the Guest of Honour and Shri Jitesh Khosla delivered the
Keynote address. Nearly three hundred delegates attended the Seminar and they all appreciated and supported this endeavour of the Institute.
Recognition of Company Secretary Qualification
As you are aware, the Institute is relentlessly making efforts to seek new recognitions for the CS profession. The persistent efforts of the
Institute to impress upon various State Governments to recognise Company Secretaries in practice in the area of taxation have been fruitful
and the States of West Bengal, Bihar, Daman & Diu and Goa have authorised our practising members to appear before VAT authorities and
Tribunal/Appellate Board and Revisional Board as the case may be, under their respective Value Added Tax Act/Rules/Regulations. This has
placed company secretaries at an advantageous and responsible positions adding further weightage to their roles in the changing scenario.
The NALSAR University of Law, Hyderabad recognised the Associate Membership of the Institute as eligible for admission to its Ph.D.
programme, provided the research to be pursued interfaces with the discipline of Law. It may be noted that the applicants for Ph.D. programme
at NALSAR University of Law are required to undergo a research methodology course for a period of not less than six months as prescribed by
the Research Committee and secure a pass before the registration is confirmed.
Sri Venkateswara University, Tirupati, Andhra Pradesh has conveyed its approval for recognition of Company Secretaryship course as equivalent
to its M.B.A./M.Com. degree for pursuing PH.D programme subject to the following conditions: (i) Candidates should have passed any bachelors
degree of a recognized university for admission to Ph.D in management discipline; (ii) Candidates should have passed BA with Accountancy,
Statistics and Commerce/Economics/B.Com with Computer Applications of a recognized university for admission to Ph.D. in commerce discipline.
The Ministry of Company Affairs accorded its approval for registration of the Institute under Investor Education and Protection Fund (IEPF). In
this direction, the Institute has submitted a scheme for Investor Awareness Programmes to be organised all over the country covering atleast
five non-metro cities in each region.
Student Activities
The Institute through its Chapters and Regional Councils organizes various programmes for the students to enable them to hone their
communication skills. The Hyderabad Chapter of SIRC of the Institute organised the 5th All India Essay Writing Competition for the students on
the theme Role of Company Secretary under Corporate Governance Regime. SIRC of the Institute also organised 3rd All India Moot Court
Competition at Chennai. The NIRC of the Institute organised 5th All India Company Law Quiz at New Delhi. The EIRC of the Institute organized
4th All India Elocution Competition for the students on The (SEBI) Listing Agreement with Stock Exchanges at Kolkata.
National Conference of Student Company Secretaries
The National Conference of the Student Company Secretaries is an endeavour to assist the students to find what are the global challenges and the
ways and means to deal with them. There is enormous need for you to accept change as a way of life and work constantly to gain knowledge skills
to be competitive to face the challenges of change. Keeping in tune with the global challenges, Pune Chapter of WIRC of the ICSI organised 6th
National Conference of Student Company Secretaries on Student Competency For Global Challenges at Pune. Likewise the EIRC of the ICSI also
organised its 20th Regional Conference of Student Company Secretaries at Kolkata on Company Secretary- The Changing Dimensions.
LIVE Panel Discussions
With a view to enhancing the knowledge of the students and help them in appreciating and understanding the issues involved in the various
emerging topics the Institute organized various live panel discussions on GyanDarshan TV Channel and JAIN TV. One such live Panel
Discussion was on Service Tax and WTO. Expert faculty with extensive exposure on the subject interacted and attended to phone-in-queries
from the students during an hour-long interactive teleconference session.
A LIVE Phone-in Programme on Career as a Company Secretary was telecast on JAIN TV. During the half an hour LIVE Show, Secretary &
CEO of the Institute was interviewed on the CS Course & profession amid phone-in-queries by the prospective students. Another LIVE panel
discussion on Corporate Governance Role of Company Secretaries was also telecast. Shri R. Balakrishnan, Company Secretary and Legal
Services Manager, Foseco India Limited and Shri llam C. Kamboj, Company Secretary, Hero Honda Motors Ltd., participated in the deliberations.
Setting up of Satellite Chapters
One of the priorities on my agenda was to open new Chapters/Satellite Chapters and to provide better facilities to existing ones. I am pleased to
inform you that the Institute has opened a number of Satellite Chapters to reach the students and members in every nook and corner of the country
and to provide every possible assistance in the event of any difficulty being faced by them. Bhoomi Poojan Ceremony has also been performed for
building of Bhubaneswar Chapter. The Various new Satellite Chapters set up and inaugurated during my tenure were as under: The Srinagar
(J&K) Satellite Chapter of NIRC was inaugurated on October 1, 2005 at Srinagar. The new Satellite Chapter set up by the Institute at Alwar,
Rajasthan was inaugurated on August 28, 2005. The Sonepat Satellite Chapter was inaugurated by the Institute at Auditorium of Tika Ram Girls
College, Sonepat on 31st July 2005. The Kolhapur Satellite Chapter was set up on October 1, 2005 and the latest the Palakkad Satellite Chapter
was inaugurated on January10, 2006. The Bhoomi Poojan Ceremony of the Bhubaneswar Chapter was performed on March 13, 2005 by myself
along with Shri H M Choraria, Vice President of the Institute and the Nagpur Chapter has got its newly furnished office premises during the year.
New website
With a view to providing updated information to the students and members, the Institute adopted the latest Microsoft.Net technology to develop
its new website www.icsi.edu. This technology will enable the students to enroll online for the Foundation and Intermediate Courses. Moreover,
the Student Company Secretary and Foundation Course Bulletin are also available on the website. Relevant information like latest Notifications,
Reports, Previous Question Papers, FAQs, CS Update, Presentations, Judicial Pronouncements, Academic Guidance as well announcements
from the Institute etc. are also placed on the website.
Publications
Five new publications brought out by the Institute were released at the 33rd National Convention of Company Secretaries: (i) Secretarial
Standard on Registers and Records (SS-4) (ii) Chartered Secretary on CD ROM (third revised edition) (iii) Study material on CD ROM (iv)
Guidance Note on Corporate Governance Certificate (v) Listing Agreement A Compendium.
Friends, there is no short cut to success. Success always touches the feet of those who strive hard. Commitment, dedication and urge for hard
work are the fundamental principles which professionals in particular should imbibe to achieve good results and excel in professional life. Each
one of us cannot be great and do great things. But having commitment and dedication, we can even do small things greatly.
With best wishes, Yours sincerely,

Chennai
(R RAVI)
January 17, 2006
pres@icsi.edu

Student Company Secretary 4 January 2006

 ACADEMIC GUIDANCE
ACADEMIC GUIDANCE
MANAGEMENT INFORMA TION
INFORMATION
SYSTEM & CORPORA
CORPORATETE
COMMUNICA TION
COMMUNICATION
ELECTRONIC DATA INTERCHANGE1
DAT
INTRODUCTION
EDI is the computer-to-computer interchange of strictly formatted
messages that represent documents other than monetary instruments.
EDI implies a sequence of messages between two parties, either of
whom may serve as originator or recipient. The formatted data
representing the documents may be transmitted from originator to
recipient via telecommunications or physically transported on
electronic storage media.
In common usage, EDI is understood to mean specific interchange
methods agreed upon by national or international standards bodies
for the transfer of business transaction data, with one typical
application being the automated purchase of goods and services.
In EDI, the usual processing of received messages is by computer
only. Human intervention in the processing of a received message is
typically intended only for error conditions, for quality review, and for
special situations. For example, the transmission of binary or textual
data is not EDI as defined here unless the data are treated as one or
more data elements of an EDI message and are not normally intended
for human interpretation as part of on-line data processing. An example
of EDI is a set of interchanges between a buyer and a seller. Messages
from buyer to seller could include, for example, request for quotation
(RFQ), purchase order, receiving advice and payment advice;
messages from seller to buyer could include, similarly, bid in response
to RFQ, purchase order acknowledgment, shipping notice and invoice.
These messages may simply provide information, e.g., receiving
advice or shipping notice, or they may include data that may be
interpreted as a legally binding obligation, e.g., bid in response to
RFQ or purchase order. EDI is being used also for an increasingly
diverse set of concerns, for example, for interchanges between
healthcare providers and insurers, for travel and hotel bookings, for
education administration, and for government regulatory, statistical
and tax reporting.
HISTORY OF EDI
The early applications of what became known as EDI were
undertaken in the United States. The ideas origins have an
international flavour, however, being traceable back to the 1948 Berlin
Airlift, where the task of coordinating air-freighted consignments of
food and consumables (which arrived with differing manifests,
languages and numbers of copies) was addressed by devising a
standard manifest.
Electronic transmission commenced during the 1960s, initially in
the rail and road transport industries. The standardisation of
documents was a necessary concomitant to that change. In 1968 the
United States Transportation Data Coordinating Committee (TDCC)
was formed, to coordinate the development of translation rules among
four existing sets of industry-specific standards. A further significant
move towards standardisation came with the X12 standards of the
American National Standards Institute (ANSI), which gradually
extended and replaced those created by the TDCC.
At about the same time, the U.K. Department of Customs and
Excise, with the assistance of SITPRO (the British Simplification of
Trade Procedures Board), was developing its own standards for
documents used in international trade, called Tradacoms. These were
later extended by the United Nations Economic Commission for
1. Compiled by Aurobindo Saxena, Asst. Education Officer, the ICSI.
Student Company Secretary
Europe (UNECE) into what became known as the GTDI (General-
purpose Trade Data Interchange standards), and were gradually
accepted by some 2,000 British exporting organisations.
Problems created by the Trans-Atlantic use of two different (and
largely incompatible) sets of standardised documents have been
addressed by the formation of a United Nations Joint European and
North American working party (UN-JEDI), which began the
development of the Electronic Data Interchange for Administration,
Commerce and Transport (EDIFACT) document translation standards.
A full range of business documents is in the process of being
developed.
EDIs direct impact is to reduce the amount of data capture its
and transcription. This generally results in a decreased incidence of
errors, less time spent on exception-handling, and fewer data-caused
delays in the business process. Benefits can be attained in such
areas as inventory management, transport and distribution,
administration and cash management.
TRADITIONAL APPLICATIONS OF EDI
1. Purchase orders
2. Bills of lading
3. Invoices
4. Shipping orders and
5. Payments
However, the development of standards and the widespread use
of computers have encouraged the use of EDI in many new arenas
including:
1. Health care and Insurance
2. Management
3. Record-keeping
4. Financial services
5. Procurement
6. Transactions over the Internet
Organizations adopt EDI for the same reasons they have embraced
much of todays modern technology i.e. enhanced efficiency and
increased profits.
ESSENTIAL ELEMENTS
v the use of an electronic transmission medium (originally a value-
added network, but increasingly the open, public Internet) rather
than the despatch of physical storage media such as magnetic
tapes and disks;
v the use of structured, formatted messages based on agreed
standards (such that messages can be translated, interpreted
and checked for compliance with an explicit set of rules);
v relatively fast delivery of electronic documents from sender to
receiver (generally implying receipt within hours, or even min-
utes); and
v direct communication between applications (rather than merely
between computers).
EDI depends on a moderately sophisticated information technology
infrastructure. This must include data processing, data management
and networking capabilities, to enable the efficient capture of data
into electronic form, the processing and retention of data, controlled
access to it, and efficient and reliable data transmission between
remote sites.
BENEFITS
The use of EDI has brought substantial benefits and savings to
companies that have implemented it. One of the principal reasons
for using EDI is to eliminate the mountain of paper documents that is
produced, moved, handled, corrected, transcribed and copied in
5 January 2006
 ACADEMIC GUIDANCE
normal business. Well-designed and well-structured EDI overcomes
the disadvantages of paper documents as data carriers. The benefits
of EDI include:
Strategic benefits
v Faster trading cycle
v Ability to adopt new business processes such as Just-in-Time
manufacturing techniques.
v Ability to win new business or retain existing customers leading
to improvements in business efficiency.
v Ability to respond to highly competitive new market entrants.
Operational benefits
v Reduced costs - paper and postage bills cut - reduction in money
tied up in stock - manual processing costs (e.g. associated with
verification, keying and re-keying of documents and the cost of
manual filing systems).
v Improved cash flow
v Security and error reduction
v Acknowledged receipt
Opportunity benefits
v Enhanced image
v Competitive edge
v Improved corporate trading relationships
COSTS
1. Hardware: EDI involve either upgrading to a mainframe if it is
necessary to provide extra power for the translation task or us-
ing a generally dedicated microcomputer. No costs can be as-
sessed here for the mainframe requirements, but the vast ma-
jority of EDI users will need a PC.
2. Communication Hardware: The mainframe implementation
may need an upgrade in its communication hardware.
3. Software: EDI mainframe software is very costly and depends
on the customized features selected. Most of the companies go
for customized software and not off the shelf software.
4. Communication: With a third party EDI service provider, com-
munication is generally by means of a local call dial up on the
local PSTN or by leased line. These costs have come down
considerably, as more and more companies are entering in the
Industry the prices are expected to come crashing down making
it very cheap to communicate.
5. EDI Service: This is the greatest variable. Typically it includes
the service providers own network costs via a log on charge. It
may also include a mailbox registration cost, translation and or
processing costs and storage costs. It may also include charges
for media and for an enhanced help desk service.
6. Consultancy: The range typically varies with the size of the
project and the degree of complexity involved.
7. Education: Most of the companies offer training to one or two
persons. These persons in turn explain the working to all other
users in an organisation.
8. Miscellaneous: This will involve the direct costs of investigat-
ing EDI through books, magazines, seminars and so on.
STANDARDS
The EDI standards were designed from the beginning to be
independent of lower level technologies and can be transmitted using
Internet protocols as well as private networks. It is important to
differentiate between the EDI documents and the methods for
transmitting them. While comparing the bisynchronous 2400 bit/s
modems and value-added network to the Internet some people
predicted erroneously that EDI would be replaced. These older
transmission methods are being replaced by Internet Protocols such
as FTP, telnet and email, although standards for these media are still
emerging.
Student Company Secretary
In 2002, the IETF published RFC 3335, offering a standardized,
secure method of transferring EDI data via e-mail. As of 2005, an
IETF working group, EDIINT, is preparing similar documents for HTTP
and FTP transfers. The EDI documents themselves, as well as the
traditional EDI service providers (value-added networks), remain.
EDI documents contain the same data that would normally be
found in a paper document used for the same organisational function.
For example an EDI 940 ship-from-warehouse order is used by a
manufacturer to tell a warehouse to ship product to a retailer. It typically
has a ship to address, bill to address, a list of product numbers (usually
a UPC code) and quantities. It may have other information if the parties
agree to include it. However, EDI is not confined to just business
data related to trade but encompasses all fields such as medicine
(patient records and laboratory results etc.), transport (container and
modal information etc.), engineering and construction, etc.
There are three major sets of EDI standards. UN/EDIFACT is the
only international standard (in fact, a United Nations recommendation)
and is predominant in all areas outside of North America. ANSI ASC
X12 (X12) and the Uniform Communication Standard (UCS) are
popular in North America and are very similar to each other.
These standards prescribe the formats, character sets, and data
elements used in the exchange of documents and forms, such as
purchase orders (called ORDERS in UN/EDIFACT and an 850 in
X12) and invoices.
The standard says which pieces of information are mandatory for
a particular document, which pieces are optional and give the rules
for the structure of the document. The standards are like building
codes. Just as two kitchens can be built to code but look completely
different, two EDI documents can follow the same standard and
contain different sets of information. For example a food company
may indicate a particular product expiration date while a clothing
manufacturer would choose to send color and size information.
Organizations that send or receive documents from each other
are referred to as trading partners in EDI terminology. The trading
partners agree on the specific information to be transmitted and how
it should be used. This is done in human readable specifications
(also called specs or spec sheets). While the standards are analogous
to building codes the specifications are analogous to blue prints. Larger
companies have existing specification sheets and are usually unwilling
to negotiate. Often in a large company these sheets will be written to
be used by different branches or divisions and therefore will contain
information not needed for a particular exchange.
INTERPRETING DATA
Often missing from the specifications are real world descriptions
of how the data should be interpreted. This is particularly important
when specifying quantity. For example, suppose candy is packaged
in a large box that contains 5 display boxes and each display box
contains 24 boxes of candy packaged for the consumer. If an EDI
document says to ship 10 boxes of candy it may not be clear whether
to ship 10 consumer packaged boxes, 240 consumer packaged boxes
or 1200 consumer packaged boxes. It is not enough for two parties to
agree to use particular qualifiers indicating case, pack, box or each;
they must also agree on what that particular qualifier means.
EDI translation software provides the interface between the internal
system and the common standards. For an inbound document it
typically takes the variable length fields of the EDI document, translates
the individual pieces of data and then creates a file of fixed length
fields. For an outbound document the translation software queries
the internal system, as in the case of an SQL database, or it translates
a fixed width file exported by the internal software. Translation software
may also utilize other methods or file formats. The mechanism of
translation is not part of the standard.
6 January 2006
 ACADEMIC GUIDANCE
BARRIERS TO EDI - WITHIN COMPANY
ATTENTION STUDENTS
Factors Earlier Myths Existing Truths Applicability of Latest Finance Act and other changes for
System Extensive up front cost While up front costs are Company Secretary June 2006 Examination.
Cost is required to develop certainly not in
or buy the software and consequential, they are
DIRECT TAXES
systems required to not prohibitive. All the students may kindly note that for the June 2006
implement EDI. Examination session, in respect of Direct Taxes, the applicable
Security Marked lack of data EDI data are considered Assessment Year shall be 2006-07 (Previous year 2005-06).
security with EDI since more secure than the Thus, they will have to study Finance Act, 2005 for June
access is readily typical paper document 2006 examination. Further, as per the syllabus students are
available to all and data because EDI business required to update themselves about all the Circulars,
can potentially be read transactions can be Clarifications, Notifications issued by CBDT & Central
or changed during backed up regularly and Government, which come in to effect on or before 6 months
transmission. accessed randomly.
prior to the date of the respective Examination.
Standards The standard was in too Now X.12 standard is very Gift Tax Act has been excluded from the scope of
much flux and had not stable and information rich examination from June 1999 session onwards unless otherwise
gathered broad enough for companies planning on
informed.
industry backing to implementing EDI
warrant the INDIRECT TAXES
implementation effort. Students appearing in the Tax Laws (Indirect Tax portion
Float Float, the time period Experiencing the loss of to the extent of topics covered in the syllabus) and Direct and
between when a float does not necessarily Indirect Taxation-Law and Practice (Indirect tax portion) paper
cheque is written and mean experiencing a loss of the Intermediate and Final Courses respectively may please
funds are collected will in flow. take note of the following changes applicable for June, 2006
be eliminated if EDI, in Examination:
the form of electronic 1. All changes made by the Finance Act, 2005.
funds transfer is
implemented.
2. All Circulars, Clarifications/Notifications issued by CBE&C/
Central Government which became effective six months
Training No one in house knew Starting with product prior to the date of examination.
enough about EDI or education, almost all
data standards to translation software
oversee the vendors offer classes on ATTENTION STUDENTS!
implementation effort. their products features Students writing answers to response sheets for the Test Papers
and how to most effectively 1/2006 to 5/2006 may please note that in Part A of all test papers,
use them. they are required to write answer to Question No. 1, which is
Company Upper management Successful EDI compulsory and any one Question from the rest of the two Questions
Attitude believes that EDI is a implementation occurs i.e., either Question No. 2 or Question No. 3 respectively.
technology and thus there is not only
solely information awareness but top down
technologists will pressure to succeed with ATTENTION STUDENTS!
implement it and that it quantified expectations of
will impact only the results. TRAINING
system environment of It has been observed that the students opting for undergoing
the organisation. 15 months training with Company Secretaries in whole-time
Practice are submitting the Contract of Apprenticeship and other
TRAINING DIARY relevant documents and registration fees to the Institute after a
considerable period of time.
Every student sponsored for 15 months' training either in a
As per the Training Guidelines, the students should submit
company or under a company secretary in practice, is essentially
required to maintain a Training Diary brought out by the Institute.
the underlisted documents within 15 days from the
commencement of training to enable the institute to take their
The trainees are required to record all activities/jobs undertaken on training on record with effect from the date of execution of
daily basis in the Training Diary during the entire period of training.
Contract.
The Training Diary can be purchased from the Headquarters and
the Regional Offices located at EIRC, NIRC, SIRC, WIRC and also
(i) Contract of Apprenticeship in duplicate on a non-judicial
at the Chapter Offices at Ahmedabad, Bangalore, Chandigarh, stamp paper of requisite value as applicable to the particu-
Jaipur, Hyderabad and Pune. The cost of a Training Diary is Rs. lar State, where the contract is executed.
100/-. The Training Diary is being sent to students by Un-registered The Contract should be executed by both the parties
and Registered post only at the following rates. viz., the trainee and the Company Secretary in whole-
1. Unregistered Parcel = Rs. 40/- per diary time Practice.
(ii) Statement of Particulars to be submitted in duplicate for
2. Registered Parcel = Rs. 55/- per diary
registration as a trainee (Part A & B).
Students are advised to maintain the Diary as per the Training (iii) Rs. 50/- being the Registration Fee.
Guidelines and submit the same to the Training Department along
If the aforesaid documents/information is not received within
with the Training Completion Certificate.
the stipulated time, the training shall not be taken on record.

Student Company Secretary 7 January 2006

 LEGAL WORLD
LEGAL WORLD
Compiled by T.K.A. Padmanabhan, FCS, Advocate, New Delhi.
CORPORATE LAWS
LW(S) 1.01.2006
RATNESH H. BAGGA v. CENTRAL CIRCUIT CINE ASSOCIATION
[(2005) 128 COMP CAS 370 (CLB)] S.Balasubramanian, Chairman.
[Decided on 10.9.2004]
Companies Act,1956 - Section 41 and 111 - Refusal to admit as
member - Whether petition lie before the Company Law Board -
Held, No.
Brief Facts: Respondent is a section 25 company. The petitioner
applied for membership of the respondent and his application was
rejected. The petitioner filed a petition under section 111 of the
Companies Act,1956 seeking rectification of the register of members
by putting his name in the register of members of the respondent
company.
Decision: Petition dismissed.
Reason: Sub-sections (1),(2) and 3 of section 111 apply only to
transfer or transmission of shares and has no application in the present
case. Sub-section (4) would apply only in a case of rectification of
something in the register which should not be there or something
omitted from the register which should rightly be there. The complaint
of the petitioner is that the association had rejected his application
for membership and thereby refused to put his name in the register
of members. The two conditions prescribed in section 41 of the Act
are cumulative in nature in the sense that there should not only be
an agreement in writing but the name also should be entered in the
register of members to become a member of a company. Merely
agreeing to become a member of a company and on that basis to
claim that the refusal of the company to enter his name in the register
would entitle a petitioner to file a petition under section 111 is not
sustainable. Whether the refusal by the association was malafide or
whether the articles giving power to the association to reject an
application of membership are valid etc. are beyond the scope of
section 111.
LW(S) 2.01.2006
RHEIN CHEMIE RHEINAU GmbH v.STANDARD OIL ADDITIVE P.
LTD [(2005) 128 COMP CAS 13 (KAR)] Ram Mohan Reddy,J.
[Decided on 15.6.2005]
Companies Act,1956 - Section 433(e) - Winding up of company -
Inability to pay debts - Petitioner filed evidence as to the factum
of supply of material to the respondent - No evidence filed as to
the receipt of material by the respondent - Whether the petition
based on the alleged debt is maintainable - Held, No.
Brief Facts: The petitioner, a German based company, sought the
winding up of the respondent company alleging non receipt of money
for the materials supplied. The Court, on examining the documents
filed as evidence and relied upon by the petitioner, concluded that
the factum of receipt of material, alleged to have been supplied by
the petitioner to the respondent, was not established by means of
substantial legal evidence.
Decision: Petition dismissed.
Reason: Exhibits A1 and A2 are the alleged invoices said to have
evidence of chemicals supplied by the petitioner but these documents
do not disclose any acknowledgement by the respondent company
for having received the materials. The alleged purchase orders of the
respondent company are not placed before the court. The petitioner
Student Company Secretary
having elaborately stated facts as regards the alleged transaction
between itself and the respondent, the alleged compromise,
discussion, the amounts due and payable by the respondent company
to the petitioner, are not supported by documents. The mere statement
in the statutory notice as regards the purchase order, invoice and
supply of material of a particular value, while calling upon the
respondent company to pay the amount, though denied by the
respondent in its reply, do not constitute prima facie evidence of a
commercial transaction. So also the production of a copy of the invoice,
without acknowledgement of the materials by the respondent does
not establish factum of supply. The documents relied on by the
petitioner in support of its case do not disclose a determined and
undisputed debt. If the respondent had in fact received the goods
supplied by the petitioner, there ought to have been no difficulty for
the petitioner to produce relevant material. In the absence of relevant
material constituting substantial legal evidence of a determined ,
ascertained, undisputed debt by the respondent company, it would
be too far fetched for this court, at this stage, to assume that the
respondent is due to the petitioner in the sum of money claimed. The
petition is not maintainable and is accordingly rejected.
LW(S) 3.01.2006
VINAYAK OIL & FATS P. LTD v. ANDRE (CAYMAN ISLANDS )
TRADING CO LTD [(2005) 64 SCL 277 (CAL)] Ashim Kumar
Banerjee, J. [Decided on 23.7.2004]
Companies Act, 1956 - Section 433 - Winding up of a company
by creditor - Creditor obtaining a foreign arbitration award against
the respondent - Whether winding up petition maintainable on
the basis of such award - Held, No.
Brief Facts: The petitioner creditor filed a winding up petition against
the respondent company based on a foreign arbitration award. The
issue before the court was whether a company could be wound up on
the basis of a foreign arbitration award.
Decision: Petition dismissed.
Reason: For enforceability and execution of a foreign award, one
need not multiply the proceedings. If awardee applies to Court for
enforcement of the award,the Court upon being satisfied about the
conditions stipulated under sections 47 and 48 would proceed to
execute the award. If under the present law, winding up proceeding is
allowed to be proceeded with on the basis of a foreign award,the
court would have to, in fact, examine the said award under sections
44 to 49 of the 1996 Act. In effect, it would have to transpose itself in
an arbitration court under Chapter II of the 1996 Act and proceed to
enforce the said award and then execute it.If winding up proceeding
is encouraged on the basis of a foreign award, it might lead to
protracting litigation. Moreover, it would be a dangerous proposition
to venture adjudication of the disputes under sections 47and 48 on a
prima facie view of the winding up court.
The recent law has been enacted to honour the international
convention and to minimize the hardship of the litigants as far as
practicable and not by protracting the litigation by using one mode or
the other. The present law is complete code by itself which has taken
care of the Arbitration Act, 1940 as well as the foreign Awards
(Recognition and Enforcement) Act,1961 as also the resolution that
came out in the convention. Considering that, it cannot convincingly
be said that a winding up petition can be held to be maintainable on
the basis of a foreign award.The winding up petition is, therefore,
dismissed. The petitioner is granted liberty to approach the Arbitration
court in accordance with the provisions of Chapter II of the Arbitration
and Conciliation Act,1996.
8 January 2006
 LEGAL WORLD
GENERAL LAWS
LW(S) 4.01.2006
S.B.P.& CO v. PATEL ENGINEERING LTD & ANR [JT 2005 (9) SC
219; (2005) 128 COMP CAS 465 (SC)] R.C.Lahoti CJI, B.N.Agarwal,
Arun Kumar, G.P.Mathur, A.K.Mathur, P.K.Balasubramanyan &
C.K.Thakker, JJ. [Decided on 26.10.2005]
Arbitration and Conciliation Act, 1996 - Section 11 (6) and (7) -
Appointment of arbitrator by Chief Justice - Whether power to
appoint arbitrator is judicial - Held, Yes. Whether Chief justice of
High Court delegate his power of appointment of arbitrator to
District Judges - Held, No. Further consequential issues have
also been settled.
Facts and issues: Facts are immaterial for this case. Important
question of law as to the power of the Chief justice to appoint arbitrator
under section 11(6) of the Act is settled in this case. The legal issue
dogging for quite some time was whether the power of the chief Justice
to appoint arbitrator was judicial or administrative. Though the
Supreme Court had held in the Konkan Railway case that the power
was only administrative and not judicial, again the issue was reopened,
revisited, reappraised and settled by a seven judge Constitution Bench
with 6-1 verdict while Justice C.K.Thakker dissented with the majority
view.
Decision and reason : We, therefore, sum up our conclusions as
follows:
The power exercised by the chief justice of the High Court or the
Chief Justice of India under section 11(6) of the Act is not an
administrative power. It is a judicial power.
The power under section 11(6) of the Act, in its entirety, could be
delegated, by the Chief Justice of the High court only to another
judge of that court and by the Chief Justice of India to another
judge of the Supreme Court.
In case of designation of a judge of the High Court or of the
Supreme Court, the power that is exercised by the designated
judge would be that of the Chief Justice as conferred by the
Statute.
The Chief Justice or the designated judge will have the right to
decide the preliminary aspects of the case as indicated in the
earlier part of this judgment. These will be, his own jurisdiction,
to entertain the request, the existence of a valid arbitration agree-
ment, the existence or otherwise of a live claim, the existence of
the condition for the exercise of his power and on the qualifica-
tions of the arbitrator or arbitrators. The Chief Justice or the
judge designated would be entitled to seek the opinion of an
institution in the matter of nominating an arbitrator qualified in
terms of section 11(8) of the Act if the need arises but the order
appointing the arbitrator could only be that of the Chief Justice
or the judge designate.
Designation of a District judge as the authority under section
11(6) of the Act by the Chief Justice of the High Court is not
warranted on the scheme of the Act.
Once the matter reaches the arbitral tribunal or the sole arbitrator,
the High Court would not interfere with orders passed by the
arbitrator or the arbitral tribunal during the course of the arbitration
proceedings and the parties could approach the court only in
terms of section 37 or section 34 of the Act.
Since the order passed by the Chief justice of High Court or by
Student Company Secretary
the designated judge of that court is a judicial order, an appeal
will lie against that order only under Article 136 of the constitution
of India to the Supreme Court.
There can be no appeal against the order of the Chief Justice of
India or a judge of the Supreme Court designated by him while
entertaining an application under section 11(6) of the Act.
In case where an arbitral tribunal has been constituted by the
parties without recourse to section 11(6) of the Act, the arbitral
tribunal will have jurisdiction to decide all matters as contemplated
by section 16 of the Act.
Since all were guided by the decision of this court in Konkan
Railway Corporation ltd v. Rani construction P Ltd (2000) 8 SCC
159 and orders under section 11(6) of the Act have been made
based on the position adopted in that decision, we clarify that
appointments of arbitrators or arbitral tribunals thus far made,
are to be treated as valid, all objections being left to be decided
under section 16 of the Act. As and from this date, the position
as adopted in this judgment will govern even pending application
under section 11(6) of the Act.
Where District Judges had been designated by the Chief justice
of the High Court under section 11(6) of the Act, the appointment
orders thus far made by them will be treated as valid; but
applications, if any, pending before them as on this date will
stand transferred, to be dealt with by the chief Justice of the
concerned High Court or a judge of that court designated by the
Chief justice.
The decision in Konkan Railway Corporation ltd v.Rani
construction P Ltd (2000) 8 SCC 159 is overruled.
LW(S) 5.01.2006
H.B.CHATURVEDI v. STATE & ANR. [125(2005) DLT 109] Manju
Goel,J. [Decided on 5.10.2005]
Negotiable Instruments Act,1881 - Section 138 & 141 -Dishonour
of cheque - Offence by company - Chairman of the accused
company also arraigned as one of the accused - No averments
in the complaint that Chairman was responsible for the acts of
the company - Whether Chairman of the company can be
prosecuted - Held, No.
Brief Facts: The petitioner was the Chairman of the accused company
Shamken Cotsyn Ltd. The petitioner was also made a party to the
complaint of committing the offence of dishonour of cheque. There
was no specific averments in the complaint that the petitioner was
responsible for the affairs of the accused company. The trial court
took cognizance of the offence and issued summons to the petitioner.
The petitioner challenged the summons before the Delhi High Court.
Decision: Petition allowed.
Reason: It is submitted on behalf of the petitioner that no case for
summoning the petitioner has been made out under section 141 of
the NIA as the section permits only those in charge and responsible
for the conduct of the business of the company to be prosecuted for
the offence of a company and not a person by virtue of holding the
office of the Chairman. The Companies Act does not make a Chairman
responsible for the conduct of the day to day business of the company.
Nor it can be inferred that a person has consented or connived in the
commission of the offence or is involved in the commission on account
of any commission or omission simply because of the fact that he is
the Chairman of the company. Therefore, the Metropolitan Magistrate
was not right in summoning the petitioner for the offence of the
company. The impugned order is accordingly quashed and the
petitioner is discharged.
9 January 2006
 QUIZ - PRIZE WINNERS
STUDENTS QUIZ
PRIZE QUERY
Sudhir, a resident of Mumbai, was appointed a director of
a London based company. The Articles of Association of the
London based company provided for holding of qualification
shares by the Directors. Can Sudhir purchase the qualification
shares.
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 February, 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, January
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.
QUIZ - PRIZE WINNERS
January 2005
QUERY
Director "M' of PR Limited filed a suit on behalf of PR Limited.
But PR Limited did not authorize "M" to file such a suit. Is
authorization for filing the suit in favour of "M" necessary?"
WINNERS
First Prize
T.S. Anandhi (Regn. No. SR0257791/02/2003) F-65, 3rd Floor, RBI
Officers' Quarters 6-3-787/1, Ameerpet, Hyderabad 500016.
Second Prize
Kulkarni Raghvendra Bhaskar (WG0232158/05/2001) C/o C.V.
Kulkarni & Co., Flat No. 2, B Wing, 3rd Floor 769/770 Sadashiv Peth
Pune 411030.
ANSWERS
First Prize
It would not be proper for the Director M of PR Limited to file a suit
on behalf of PR Limited without authorization to file such a suit. As
per section 291 of the Companies Act, 1956 the Board of directors
may exercise all powers of the company except those which are
specifically provided to be exercised or done by the company in a
general meeting. In Nibro Ltd. v. National Insurance Co Ltd. (1991)
70 Comp. Cas. 388 (Delhi) High Court upheld this contention. It is
the collective wisdom of the directors which has been conferred by
section 291. Individual directors do not have any general powers.
They shall have only such powers as are vested in them by the
Memorandum or Articles. Thus, unless a power to institute a suit is
specifically conferred on a particular director, he has no authority to
institute a suit on behalf of the company.
The same view was reiterated in Apple Valley Resort v. H.P. State
Electricity Board (2004) 118 Comp.cas. 328 (HP). Here the director
of the petitioner company filed a writ petition against the respondent.
The pleadings in the petition neither indicated that he was a director
of the company nor that he had been authorized and competent to
bring the writ petition. The respondent objected that when the petition
was presented by a person who had not been properly authorized by
the company whether such a petition was tenable.
Student Company Secretary
The Court upheld the objection. It stated that the individual directors
have only such powers as are given to them by the memorandum
and articles of association. As per section 291 of the Companies Act,
1956 except where express provision is made that the powers of a
company in respect of a particular matter are to be exercised by the
company in general meetings, in all other cases the board of directors
are entitled to exercise all its powers.
Even Order 29, Rule 1 of the Code of Civil Procedure, 1908 only
authorises the persons mentioned therein to sign and verify the
pleadings on behalf of a corporation/company. It does not authorize
such persons to institute an action on behalf of a corporation/company
suo moto.
The question of authority to institute an action on behalf of a
company have far reaching consequences and affects the policy and
finances of the company. Therefore, unless a power to institute an
action is specifically conferred on a particular director, he would have
no authority to bring an action on behalf of the company. This could
be conferred on a director or any other officer of the company only by
the board of directors by passing a resolution.
If there is no specific provision of the board of directors authorizing
the director to institute a suit for and on behalf of the company or any
power conferred on the director by the memorandum and articles of
association, the petition cannot be said to have been filed by a duly
authorized and competent person for and on behalf of the petitioner-
company. The petition was bad and hence liable to be dismissed.
Therefore, it can be concluded that it would not proper for the
director of PR Limited to file a suit on behalf of the company without
due authorisation from the company.
Second Prize
Yes, the company should authorize Director 'M' in order to file suit
on behalf of PR Ltd.
A Director is an agent as well as the representative of the
shareholders. He is in judiciary relationship with those who repose
utmost trust on him. But the Director cannot act in isolation. It is the
Board that authorizes one of them to act on behalf of them as well as
the company.
Even though the powers of management that are vested in the
Board under section 291 include power to initiate legal proceedings,
the Director is not allowed to file suit without authorization.
In the case of Cf. Nibro Ltd. v. National Insurance Co. Ltd. (1991)
70 Com Cases 388, 401 : AIR 1991 Del. 25, the Court laid down that
unless a power to institute a suit is specifically conferred on a particular
Director, he has no authority to institute a suit on behalf of the company.
Such a power can be conferred by the Board of Directors by passing
a resolution in that behalf. The Court said that it is true that ordinarily
a suit will not be struck down merely on a technical ground, but the
question of authority to institute a suit on behalf of a company is not
merely a technical matter. It is a matter with far reaching effect.
Again, Order 6, Rule 4 of the Civil Procedure Code, 1908 read
with Order 29, Rule 1 have this effect that the pleadings of a
corporation should be signed by an authorized Director, secretary or
other principle officer. Even, the court would not issue an interim order
at the suit of an unauthorized person as decided in Furruccio Sias v.
Jai Manga Ram Mukhi (1994) 1 Comp. LJ 345 : (1998) 93 Com Cas.
750 (Del).
It has also been held in Klen & Marshalls Mfrs. & Exporters Ltd.
v. State of J & K (2000) 100 Com Cases 180 (Kar) that filing of a writ
petition with no material to show that the person signing the petition
was authorized by the Board of Directors was held to be not competent.
The Director 'M' in the present case do not have the power to
engage the company in the serious task of litigation without specific
authorization either under the constitutional documents or by resolution
of the Board unless he is authorized. Any suit or proceeding on behalf
of a company not so authorized is liable to be dismissed as held in
10 January 2006
 QUIZ - PRIZE WINNERS
AI-Amin Seatrans Ltd. v. Owners of & Party interested in Vessel MV
"Loyal Bird", AIR 1995 Cal 169.
February 2005
QUERY
In a listed company a shareholder "Y" purchased some shares
in it which together with his holdings in the company prior to
the acquisition exceeded 5% of the company's equity capital. He
did not disclose this fact to the company and to the NSE where
the shares of the company are quoted. The company inadvertently
registered the shares. But subsequently it applied for rectification
of the Register of Members by deleting the name of "Y" as a
member in respect of the shares so subsequently purchased.
Will the company succeed in its endeavour?
WINNERS
First Prize
T.S. Anandhi (Regn. No. SR0257791/02/2003) F-65, 3rd Floor, RBI
Officers' Quarters 6-3-787/1, Ameerpet, Hyderabad 500 016
Second Prize
Uttam N. Gajjar (Regn.No. WR0287629) 52, Shangar Sheri, Saraspur
Ahmedabad 380018
ANSWERS
First Prize
Yes. The company will succeed in its endeavour. In an interesting
case before the CLB (Aska Investments (P) Ltd. v. Grob Tea Co. Ltd.
(2004) 60 CLA 194 (CLB)) certain persons filed a case against a
company alleging financial irregularities under section 397/398. The
company, however, stated that the petitioners had acquired more than
5% of the shares without the mandatory disclosures under the SEBI
regulations and the petitioners cannot become shareholders of the
company and the petition was hence not maintainable.
The CLB reasoned that the base for a petition under section 397/
398 was that the shares would have to be legally held. This fact is to
be looked in first before deciding other issues. In this case, acquisition
of shares is impugned by a separate petition filed by the company
under sub-section (3) of section 111A. It held that the register of
members was to be corrected in respect of shares beyond 5% which
were not legally acquired. The shares beyond 5% cannot be taken
into account to consider the maintainability of the petition in terms of
section 399.
The term 'acquirer' would include persons acting in concert both
in respect of acquisition of shares as well as acquisition of shares to
gain control of the company. In such cases SEBI regulations provide
for mandatory disclosure whenever the shares are acquired in excess
of 5% of shares of the company/voting power.
CLB under sub-section (3) of section 111A could direct rectification
of the register of members when acquisition of shares has violated
the provisions of the SEBI Act or the regulations made thereunder.
The CLB allowed the petition filed by the company.
Second Prize
According to regulation 6 of Chapter II of SEBI (Substantial
Acquisition and Takeover) Regulation, 1997, dated 04/11/1994, any
acquirer, who hold more than 5% or more shares in a company, at
any time, by any way, shall have to disclose the aggregate of his
shareholdings in that company to that company and to all the Stock
Exchanges, where the shares of the company are listed. So it is the
duty of the shrare holder to disclose the same. In the instant case Y
neither informed to company nor to the Stock Exchanges. So Y is in
fault.
In this case company inadvertently i.e by mistake, negligence
registered Y's transfer. Had it been the case if Y would have informed
Student Company Secretary
about his proposed holding then the company must have refused to
transfer the same. So it is not the fault of company.
On realisation of error the company genuinely applied for the
rectification of the Register of Member to delete the name of Y for
subsequent purchase.
As the provisions of the SEBI Act, has been violated due to fault
on the part of Y and not on the part of the company, so the Board
(NCLT) is sure to approve the rectification.
In support of my contentions, as per recent judgement of Board
dated 30-01-2004 in Aska Investments Pvt. Ltd. v. Grob Tea Co. Ltd.
(2004) 60 CLA 194 it was approved by the company to rectify the
register of member.
Therefore in conclusion it can be said that the company will
definitely succeed in its action.
March 2005
QUERY
There were disputes between two major groups of shareholders
in a company with regard to its affairs. One group applied to the
Company Law Board under sections 397 and 398 of the
Companies Act, 1956. On the basis of a family settlement both
the groups sought before the Company Law Board a reference
of the dispute for Arbitration. Neither the company nor the other
shareholders were parties to the settlement. Under the
circumstances is it permissible to refer the dispute to arbitration?
WINNERS
First Prize
T.S. Anandhi (Regn.No. SR0257791/02/2003) F-65, 3rd Floor, RBI
Officers' Quarters 6-3-787/1, Ameerpet, Hyderabad 500016
Second Prize
None eligible
ANSWERS
First Prize
No it is not permissible to refer the dispute to arbitration. There
are issues which can be resolved through arbitration when the
agreement provides for one and there are other issues which cannot
be resolved through arbitration. Where the law has given jurisdiction
to determine, certain matters specified to tribunals only, such matters
cannot be referred to arbitration. These include insolvency
proceedings, probate proceedings, suit under section 92 CPC,
proceedings for appointment of guardian, matrimonial causes (except
settlement of terms of separation or divorce), industrial disputes, title
to immovable property in a foreign country, claim for recovery of octroi
duty etc. Similarly, when under a particular law a remedy has been
provided such matter cannot be referred to arbitration.
In a similar case of Sudarshan Chopra & Ors v. CLB (2004) 60
CLA 214 there was dispute between two groups of shareholders
belonging to the same family of Hind Samachar Ltd. A family
settlement was reached which contained an arbitration clause. The
two groups had also entered into a shareholders agreement on the
basis of the family settlement. One group filed a petition under sections
397 and 398 before the CLB against the other. The other group wanted
to refer the matter to arbitration on the basis of the family settlement.
The CLB did not agree to it. A writ was filed in the High Court as the
appeal made by the group was dismissed. The Single Judge of the
High Court upheld the views of CLB. Again the group preferred a
Letters patent Appeal to the Division Bench of the High Court.
The Hon'ble High Court dismissed the appeal. The Court stated
that Section 16 of the Arbitration and Conciliation Act, 1996 had not
imposed a bar on Courts to determine as to whether an arbitration
agreement exists or not. The company and some of the shareholders
11 January 2006
 QUIZ - PRIZE WINNERS
were not party to the agreement. When the matter affects the interest
of all the members of a company and is to be referred to arbitration
then all the concerned parties must be present before the arbitrator.
In case the company and some shareholders were not party to the
arbitration agreement, as such the matter in dispute cannot be referred
to arbitration.
On the same analogy in the given case also the dispute cannot
be referred to arbitration.
April 2005
QUERY
In regard to a matter involving Industrial dispute there was
conflict in the provisions of the Industrial Disputes Act of the
Central Government and that of the State Government. The
conflict arose because of an amendment to the provision in the
State Act which amendment obtained the assent of the President
of India. Under the circumstances in relation to an Industrial
dispute arising in the State which provision would prevail?
WINNERS
First Prize
T.S. Anandhi (Regn. No. SR0257791/02/2003) F-65, 3rd Floor, RBI
Officers' Quarters 6-3-787/1, Ameerpet, Hyderabad 500016.
Second Prize
Anita M. Thussu (Regn.No. SRO281506) 210, Redwood, Raheja
Residency Koramangala, Bangalore 560034
ANSWERS
First Prize
The provisions of the State Act shall prevail under such
circumstances. When there is a conflict between two laws the rule of
'harmonious construction' 'occupied field' etc. should be applied to
decide which law should prevail. It means that the law should be
interpreted in such a way that a reasonable and enforceable
construction is obtained by reading both the laws carefully. Only when
this is not possible then other rules of construction should be applied.
Similarly, when two different laws deal about the same provision then
it is to be seen if there is anything mentioned in the Act as to whether
the same would prevail over the other laws enacted. Again as a general
rule the law enforced at a later date would prevail over the law enacted
earlier. This is subject to the condition that nothing in this regard is
mentioned in the earlier law about its superior prevailing authority.
In a similar case of Engineering Kamgar Union v. Electro Steel
Casting Ltd. (2004) 17 ILD 124 (SC) the respondent company
employed more than 100 workmen in its factory and issued a closure
notice of the factory resulting in retrenchment of workmen. The trade
union raised an industrial dispute starting that the procedure of the
Central Act (which was applicable to when workmen employed were
more than 100) has to be implemented for closing the factory. The
company stated that since less than 300 workmen were employed
no premission was required to close the factory under the provisions
of the State Act which was applicable. The matter came before the
Supreme Court as the High Court of the State upheld respondents
plea. Upholding the High Court judgement the apex Court held that
when the law made by Parliament and State Legislature occupy the
same field the subsequent Act which had received the assent of the
President would prevail. Both the laws would ordinarily be allowed
generally to have their play in their own respective fields. However, in
the event, there exists any conflicts, the Parliamentary Act or the State
Act shall prevail over the other depending upon the fact as to whether
the assent of the President has been obtained or not. In this case as
the President's assent was obtained the State Act would prevail.
Simiarly in the given case also the State Act which had received
the assent of the President will prevail over the Central Act.
Second Prize
The Constitution of India distributes the powers of the Indian
federation into three lists enunciated in the Seventh Schedule of the
Constitution. List-I is the Union List enumerating the powers of the
Central Government to legislate over the entries listed. List-II, State
List, enunciates the power of the States to legislate. And List-lll, the
Concurrent List, covers areas where power is shared between Centre
and State and either of them can legislate on the subjects listed under
it.
'Industrial disputes concerning Union employees' is covered by
Entry 61 of List 1 and therefore the Centre has exclusive powers to
legislate over this as per Art. 246(1). However, List-III, gives both the
State and Union the power to legislate over the entries stated therein
including Entry 22 'Trade Union, labour and industrial disputes'. In
such an event, if both the Union and the State legislate on industrial
dispute then the State legislation will prevail over the Union legislation
only if the State legislation which is repugnant to the provisions of law
enacted by the Union has received the assent of the President after
placing it for his consideration and apprising him of the repugnancy
[as per Art 254(2)].
In the instant case, the facts state that the repugnant amendment
made by the State had received the Presidential assent and therefore
applying Art 254(2), the State legislation will prevail over the Union
legislation. Hence, in conclusion it is submitted - since the Concurrent
List empowers the State to legislate over the subject 'industrial dispute'
(Entry 22) and since the repugnant provisions had received the assent
of the President, the State Legislation would prevail over the Union
legislation, since it falls under the sub-clause (2) of Article 254.

SCHEDULE OF TRAINING ORIENTATION PROGRAMMES (TOP)

Organised by Day & Date Venue of the Programme Contact Address
NIRC of 23.01.2006 NIRC Premises Executive Officer, ICSI-NIRC Bldg., Plot No. 4, Prasad Nagar Institutional
the ICSI to Area, Rajendra Place, New Delhi-110005 Tel. : 25763090/25767190
28.01.2006 Fax No. : 011-25722662 E-mail : niro@icsi.edu/icsi@eth.net
Kanpur Chapter 11.03.2006 Kanpur Chapter The Chairman, Kanpur Chapter of NIRC of the ICSI, 118/90, Gumti Plaza
of NIRC of to Premises Kaushalpuri, Gumti No. 5, Kanpur-208012 Tel.:0512-2296535
the ICSI 15.03.2006 Fax No. : 0512-2212767 E-mail : kcics@sancharnet.in &
kanpur@icsi.edu
SIRC of 14.03.2006 SIRC Premises Deputy Director, SIRC-ICSI House No. 9, Wheat Crofts Road, Nungambakkam,
the ICSI to Chennai-600034 Tel.:044-28279898/28268685 Fax No. : 044-28268685
18.03.2006 E-mail : icsisirc@md3.vsnl.net.in/siro@icsi.edu

Student Company Secretary 12 January 2006

 STUDENTS SERVICES
STUDENTS SERVICES
REGISTRATION AND POSTAL TUITION
1. CANCELLATION OF REGISTRATION
Registration of students registered upto and including the month of
February, 2001 stands terminated on expiry of five-year period on 31st
January, 2006 leading to the following immediate consequences :
(a) Supply of Student Company Secretary bulletin will be
discontinued from February, 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 June, 2006
They are advised to apply for registration de novo/extension of
registration as per the guidelines published in the 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. COMPANY SECRETARIES EXAMINATION
JUNE, 2006.
I. EXAMINATION FEE:
Foundation : Rs.500 (Lumpsum)
Intermediate : Rs.400 (Per group)
Final : Rs.300 (Per group)
Student Company Secretary
Students seeking paperwise exemption for the first time (on
qualification basis) are required to remit the exemption fee @ Rs.100
per subject in addition to the examination fee on or before the last
date.
II. ELIGIBILITY FOR APPEARING IN THE
INTERMEDIATE EXAMINATION
In terms of regulation 33 of the Company Secretaries Regulations,
1982, students registered upto and including August, 2005 are eligible
to appear in both groups of the Intermediate examination to be held
in June, 2006 subject to completion of coaching and fulfilment of
other conditions laid down in the regulations. However, candidates
registered as students upto and including the month November, 2005
are eligible for appearing in any one group in June, 2006 session (i.e.
either in Group-I or Group-II) subject to fulfilment of other conditions
as laid down in the regulations.
III. ELIGIBILITY FOR APPEARING IN THE FINAL
EXAMINATION
In terms of regulation 43 of the Company Secretaries Regulations,
1982, students who have passed/completed both groups of the
Intermediate examination upto and including June, 2005 are eligible
to appear in all the three groups or in combination thereof in any two
groups of the Final examination to be held in June, 2006 under New
Syllabus, subject to completion of coaching and fulfilling other
conditions as laid down in the regulations.
IV. LAST DATE FOR RECEIPT OF ENROLMENT
APPLICATIONS
The last date for receipt of applications for enrolment to the June,
2006 examination, complete in all respects, together with the requisite
examination fee in the Institute, is 27th March, 2006 (25th & 26th March,
2006 being holidays). However, enrolment applications accompanied
with late fee of Rs. 100/-, if received, in the Institute after the closing
date, but on or before 10th April, 2006 (9th April, 2006 being a holiday)
will be entertained.
Students who could not be enrolled in the earlier examination owing
to late receipt of enrolment application, cancellation of registration
etc. and whose examination fee was kept at credit, are advised to
send fresh enrolment applications requesting therein for the
adjustment of amount at their credit together with the balance of
examination fee, if any. Formal application along with the original
letter issued by the institute showing credit amount, must reach the
Institute on or before the closing date as otherwise such students
shall not be enrolled for appearing in June, 2006 examination.
No other remittance/letter/query should be clubbed with the
enrolment application/examination fee.
6. 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
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
13 January 2006
 STUDENTS SERVICES
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.
7. COMPLETION OF COACHING AND FILLING UP
OF EXAMINATION FORMS
At times queries are received by the Institute from the students
with regard to filling up of examination forms for want of issue of
coaching completion certificate. It is clarified that students (i) who
are undergoing oral coaching, and (ii) students who have submitted
or re-submitted their response sheets and/or would be submitting or
re-submitting the response sheets within the stipulated period, are
eligible to fill up the examination forms for the respective session of
examination Such students need not withhold the submission of
their enrolment application for want of coaching completion
certificates. The students concerned are advised to make a note in
the application form to the effect that they are undergoing oral
coaching/have submitted response sheets and are awaiting coaching
completion certificates. Since there cannot be any change with regard
to the closing date for submission of examination forms, students
need not wait for the issue of coaching completion certificates for
filling up their examination forms. They are advised to mention against
the appropriate column in the enrolment application form that coaching
completion certificates are being awaited.
Students who were issued with limited permission letters, for
appearing in December, 2005 examination, are advised to submit
the deficient response sheets immediately as such students, if failed,
will not be allowed to appear in June, 2006 examination, unless
they are issued with the regular coaching completion certificate(s)
for the group(s) for which limited permission letter was issued.
Students who secure 35% or more marks in aggregate and 30%
marks in individual paper in a group in December, 2005 examination,
are advised to submit photocopy of the marks sheet for the issue of
Coaching Completion Certificate, if eligible.
Student Company Secretary
8. SUBMISSION OF RESPONSE SHEETS FOR
JUNE, 2006 EXAMINATION
The last date for receipt of response sheets, including
resubmission, if any, from the students who wish to be enrolled for
the June, 2006 examination is 28.02.2006. Students are advised to
send the response sheets to the Institute in a regular flow without
waiting for the last date. The last date mentioned above is just an
indicator for students who suitably plan their submission. This will
not only give the Institute reasonable time to get the response sheets
evaluated in time but also an opportunity to the students to resubmit
the response sheets in which they have failed to obtain a minimum of
forty per cent marks. Students are advised to get acknowledgement
from the Institute for the response sheets sent by attaching a self
addressed stamped post card. It may be noted that credit is given for
the response sheets received in the Institute on or before the stipulated
due date, as above. Name of student, registration number, subject,
test paper number, number of sheets used and postal address with
PIN code number should be written on the title sheets attached with
each response sheet. The above information may also be indicated
on the first , middle and last pages of each response sheet besides
mentioning the Registration Number on each page on the right hand
corner on top. It will facilitate early evaluation and return of the
evaluated response sheets. It may be noted that no response sheet
will be entertained by the Institute in the absence of above information.
Accordingly, no credit will be given to students of such response sheets
received by the Institute.
Students are also advised to write the subject/paper, number of
sheets used and examination correctly on the title sheet before
sending the response sheets to the Institute. Similarly, relevant title
sheets may be appended with them. There are separate title sheets
for Foundation, Intermediate and Final course. Even when the
response sheets are sent in a bunch, complete particulars are to be
given on each title sheet and first, middle and last pages of each
response sheet. No cognizance of the response sheets will be taken
if the student fail to comply with the above instructions. It is
emphasized that separate title sheets are to be attached with each
response sheet.
Students are aware that the Institute has made arrangements for
acceptance of response sheets for Foundation, Intermediate and Final
Course in its Regional/Chapter Offices in Ahmedabad, Bangalore,
Calcutta, Chennai, Delhi, Hyderabad, Jaipur, Kanpur, Mumbai,
Madurai and Pune. Students located in and around these cities are
advised to contact and submit their response sheets in the respective
Regional/Chapter offices.
9. 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
PIN code, telephone number, mobile number or e-mail address.
In case of any specific problem/complaint regarding registration,
post-registration, students services and postal/oral coaching, students
may contact personally or write to Sohan Lal, Joint Director and for
academic guidance and suggestions, if any, students may write to
V K Aggarwal, Principal Director, at the Institutes address.
E-MAIL ADDRESS OF THE STUDENTS
Those students who are having e-mail address may
communicate the same to the Students Services Section at
dss@icsi.edu which will facilitate quick and economic
communication from the Institutes side. The e-mail address may
be sent in the following format.
Name : _________________________________
Registration No. : _________________________________
E-mail Address : _________________________________
14 January 2006
 STUDENTS SERVICES
ATTENTION STUDENTS
INTENDING TO APPEAR IN COMP ANY
COMPANY
SECRETARIES EXAM. JUNE, 2006
SECRETARIES
1. (a) Last date for receipt of Examination 27.03.2006*
application in the Institute
(b) With a late fee of Rs. 100 10.04.2006
(09.04.2006 being a
holiday)
2. Examination fees
Foundation Rs.500 (Lumpsum)
Intermediate Rs.400 (Per group)
Final Rs.300 (Per group)
3. Last date for seeking paperwise 27.03.2006*
exemption
4. Last date for seeking extension of 27.03.2006*
registration/registration de-novo
*(25 & 26-03-2006 being holidays)
Notes :
I. The examination fee stands revised as above.
II. Examination fee is payable on groupwise and not on paperwise
basis for intermediate/Final examinations.
III. The students who have submitted/ would be submitting all the
response sheets within the stipulated time, may submit their
enrolment applications for appearing in the examination pend-
ing issue/receipt of the coaching completion certificates. But
coaching completion certificate would be issued only when they
have successfully completed the coaching for the group(s) con-
cerned.
IV. Please note that unsigned, incomplete and applications not filled
in their own handwriting by the students will not be accepted.
V. No change of group(s) will be allowed after submission of the
enrolment application.
VI. No request for change of medium for writing the examination
will be entertained after submission of the enrolment applica-
tion.
VII. No cutting and over writing is to be done in the examination
form.
VIII. No request for grant/cancellation of paperwise exemption shall
be entertained after the last date i.e. 25th March/25th September
for June/December examination respectively.
IX. No request / correspondence for withdrawal of application
from appearing in the examination or adjustment of amount
for the next examination shall be entertained after submis-
sion of the examination form under any circumstances.
Students are, therefore, once again advised to fill in the new and
revised enrolment applications/examination forms EXA carefully to
avoid last moment problem for themselves as well as for the Institute.
All the students appearing in the examination are required to
enclose the photocopies of the following documents with their
enrolment application forms :
1. Letter granting the paperwise exemption (wherever
paperwise exemption has been granted on the basis of
qualification)
2. Marks-sheet for availing paperwise exemption on the basis
of securing 60% or more marks in the earlier examination
of the Institute.
3. Original letter issued by the Institute showing the credit
balance, if any, for adjustment towards the examination fee.
4. Coaching Completion Certificate, if already issued from the
Institute.
Student Company Secretary
5. It is again emphasised that students who have already been
granted exemption in any paper included in the group for
which the enrolment has been sought, must indicate in the
appropriate column of the enrolment application and enclose
a photocopy of the letter issued by the Institute granting
such exemption. Similarly, in those cases where the student
has applied for exemption for the first time, the same must
also be indicated in the appropriate column of the enrolment
application form along with the attested photocopies of the
relevant marks sheets and the exemption fee.
6. In case, student is interested in cancellation of exemption
which has already been granted to him, a separate request
should be made for the same along with the enrolment
application. Please note that once paperwise exemption is
cancelled, it shall not be restored/reviewed under any
circumstances.
7. No exemption fee is payable for availing of paperwise
exemption on the basis of APO (already passed under old
syllabus) or securing 60% or more marks in the Institutes
examination.
X Mode of Payment : All fees and other dues payable to the Insti-
tute may be remitted only by crossed demand draft drawn in
favour of The Institute of Company Secretaries of India, pay-
able at New Delhi.
XI Students Identity Card : All the candidates appearing in the
Company Secretaries Examination are advised to timely com-
plete necessary formalities for obtaining their identity cards duly
countersigned by the issuing authority of the Institute as per in-
structions published in the prospectus Career in Company Sec-
retaryship A Handbook.
ISSUE OF ADMISSION CERTIFICATE WITH THE
SCANNED PHOTOGRAPH JUNE, 2006
SESSION OF EXAMINATION
The Institute would be issuing Admission Certificate carrying the
scanned photograph and signature of the examinees for appearing
in June, 2006 session of examination. The candidates interested to
appear in June, 2006 session of examination are necessarily required
to fill up the new and revised enrolment application form EXA which
has been specifically designed taking in to account the state of art
technology. The new examination forms would be available with the
Institute. The students concerned may obtain the requisite application
form by sending a crossed demand draft of Rs.30/-(including
postage). These forms can also be obtained from the Regional
Councils and Chapters on cash payment of Rs. 20/-. Students may
please note that the photo copies of the examination forms will not
be accepted by the Institute.
The following precautions are to be taken by the students while
filling up the new form:
t The instructions, guidelines and code list printed in the form
must be carefully gone through before filling up the form.
t The applications are to be filled up by the applicants them-
selves with the help of black ballpoint pen.
t There should not be any corrections/cuttings/over-writings in
the form.
t All information and particulars are to be given in the boxes/
space earmarked for the purpose.
t Handwriting must be legible and all entries are to be filled up
in capital letters.
t While every care would be taken by the Institute in process-
ing the examination forms through the scanning system and
the students would be advised if there is any short -comings
in the application forms, it is imperative that the students would
also make sure that they have filled up the examination form,
correctly.
15 January 2006
 STUDENTS SERVICES
NOTIFICATION
NOTIFICATION
SPECIAL REQUIRMENTS FOR
ICSI NO.6 OF DECEMBER, 2005
In pursuance of para 11 of the Merit Scholarship (Company
SCANNING SYSTEM
Secretaryship Course) Scheme 1983, the following students have Applicants must affix/paste their latest photograph in the
been awarded `Merit Scholarships for the Intermediate and Final application form
Courses on the basis of their meritorious performance in the
Applicants are also required to mention their particulars, viz.,
Foundation and Intermediate Examinations of `company
secretaryship held in June, 2005: name, student registration no., examination application no. ,
stage of examination, group and examination centre on the
Sl.No. Name of the Student Registration No. reverse of the Demand Draft to be sent along with the appli-
FOR INTERMEDIATE COURSE cation form towards examination fee.
1. NEHA HIRAN (MS.) NR0464705/08/2005 In cases involving adjustment of credit amount, the original
2. KIRTI SARUPARIA (MS.) NR0464263/08/2005 documents in support of the contention showing the exact
3. ASHWANI K SAI RAM (MS.) SR0337347/08/2005 credit amount is to be attached with the application.
4. ANIKET KULSHRESTHA NR0453598/08/2005 Please enclose only relevant documents for availing exemp-
5. NEHA GUPTA (MS.) ER0223157/08/2005 tion, etc.
6. RICHA SODHANI (MS.) WR0422333/11/2005
All enclosures should be stapled in one bunch and clipped
7. ARCHANA SRIDHAR (MS.) ER0223200/08/2005
with the application. Please mention registration no., name,
8. MEENAL TALESARA (MS.) NR0464486/08/2005
9. JATIN NR0455725/08/2005 centre, stage, group and application form no. on the first
10. VIGNESH KRISHNAN WR0406314/08/2005 page of the bunch.
11. NISHA RAMESH KHANDELWAL (MS.) WR0420143/08/2005 Students need not hesitate to seek any further information/
12. RAJAT KEDIA NR0455262/08/2005 clarification/assistance with regard to the above from either
13. GOVERDHAN CHANDAK ER0223907/08/2005 of the following:
14. APOORVA JAIN (MS.) NR0456955/08/2005
Sohan Lal, Joint Director (Students Services)
15. POONAM JAIN (MS.) ER0222602/08/2005
16. TANYA GAUR (MS.) NR0464136/08/2005 Tele : 24602622(D) / 51504444 (Extn. 511)
17. REEMA JITENDRA MEHTA (MS.) WR0411861/08/2005 E-Mail : slal@icsi.edu
FOR FINAL COURSE
1. RAKESH RATHI NR0413964/05/2004
2. N SESHADRI SR0311011/06/2004
3.
4.
ISHA GUPTA (MS.)
NAVEEN KUMAR
NR0308208/08/2001
SR0268672/06/2003 CLARIFICATION
5.
6.
BHARATI APPU SHETTY (MS.)
RAJESH K PAI
WR0363167/06/2004
SR0300372/06/2004 REGARDING HINDI MEDIUM
7. AMIT MEHTA NR0356659/10/2002 Queries are often being received by the Institute with regard to
8. KIRTI RAMESH BHANUSHALI (MS.)WR0353940/02/2004 the option of medium for pursuing the Company Secretaryship
9. PARUL MAHAVIR JAIN (MS.) WR0379181/08/2004 Course.
10. SHIVA SHANKARA T R SR0302931/07/2004
11. RICHA DHYAWALA (MS.) ER0206630/08/2004 It is clarified that the students may opt for pursuing the course
12. VIJETA SAINI (MS.) NR0427720/08/2004 in English/Hindi medium. However, the study material at present
File No.205:Exams:J/2005 BY ORDER OF THE COUNCIL is available in English medium only. In any case, the students can
rd
Dated the 23 December, 2005 (N K JAIN ) enjoy the facility of submitting their response sheets to the test
NEW DELHI - 110 003. (SECRETARY & CEO) papers under the Postal Tuition Scheme in English or Hindi medium.
Similarly, they can opt to write the Institutes main examination in
NOTIFICATION
NOTIFICATION English or Hindi Medium.
ICSI NO.7 OF DECEMBER, 2005 As regards writing of examination, the option is to be exercised
In accordance with the Merit-cum-Means Assistance (Company while filling up the examination form as and when the students
Secretaryship Course) Scheme, 1983, as in force, the following intend to appear in the examination. This option is to be exercised
students have been selected for award of Merit-cum-Means on group wise basis and not on individual basis. Answering to test
Assistance for Intermediate and Final Courses on the basis of papers and writing examination partly in English and partly in Hindi
results of Foundation and Intermediate Examination respectively, medium is not permissible.
held in June, 2005 and fulfilling the eligibility criteria :
Sl. No. Name of the Student Student Regn. No.
FOR INTERMEDIATE COURSE EXAMINATION
1. CHITRANSHI AGARWAL (MS.) NR0462212/08/2005
2. K V LAKSHMI (MS.) ER0225549/09/2005 1. DECLARATION OF DECEMBER, 2005
3. NEELU MEHTA (MS.) NR0456217/08/2005 EXAMINATION RESULTS
4. RITU GOYAL (MS.) NR0453408/08/2005 The results of the Foundation Course, Intermediate and Final
5. DEEPSHIKHA GUPTA (MS.) NR0457017/08/2005 examinations of the company secretaries held in December, 2005
6. SUMIT BADER NR0457151/08/2005 are scheduled to be declared at 4.00 P.M. on 25th February, 2006.
FOR FINAL COURSE As in the past, the results will be displayed simultaneously on the
No candidate Notice Boards at the Institutes Headquarters, Offices of the Regional
File No.207:Exams:J/2005 BY ORDER OF THE COUNCIL Councils and Chapters, and Examination Centres. The results will
Dated the 23rd December, 2005 (N K JAIN ) also be available on Institutes Website www.icsi.edu on 25 th
NEW DELHI - 110003. (SECRETARY & CEO) February, 2006 after 4.00 P.M.

Student Company Secretary 16 January 2006

 STUDENTS SERVICES

COMPANY SECRETARIES EXAMINATION - JUNE, 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

FINAL EXAMINATION
1. PRESIDENTS Awarded to a candidate who V. Neelima (Ms.) Foundation 22 514/900
GOLD MEDAL passes in all papers of the R-2, Income Tax Quarters Exam., ICSI Yrs. (57.11%)
Final examination, at first 88, Baraccah Road B.Com
attempt, in one sitting, with- Nammalwarpet
out claiming exemption in CHENNAI-600012
any subject and obtaining
the highest percentage of
marks in the aggregate (Roll No. 45574,
taking into account the per- Regn.No. SR0204094)
formance of all successful
candidates under old as
well as new syllabi, provided
that the aggregate is not
less than 55%.
2. C.C. Awarded to a candidate who V. Neelima (Ms.) Foundation 22 514/900
SUTARIA'S passes in all papers of the R-2, Income Tax Quarters Exam., ICSI Yrs. (57.11%)
CASH Final examination, at first 88, Baraccah Road B.Com
AWARD attempt, in one sitting, with- Nammalwarpet
out claiming exemption in CHENNAI-600012
any subject and obtaining
the highest percentage of
marks in the aggregate (Roll No. 45574,
taking into account the per- Regn.No. SR0204094)
formance of all successful
candidates under old as
well as new syllabi.
3. BEST Awarded to a candidate Nitin Jhunjhunwala Foundation 24 492/800
STUDENT who passes in all papers P-45-B, C I T Road Exam., ICSI Yrs. (61.50%)
OF THE YEAR of the Final examination, Scheme VII-M B.Com (H)
AWARD at first attempt, in one sitting, KOLKATA-700054
BY JAYPEE without claiming exemption
GROUP in any subject and
obtaining the highest
percentage of marks in (Roll No. 54758,
the aggregate taking into Regn.No. EG0141517)
account the performance
of all successful candidates
in December, 2004 and
June, 2005 examinations
under old as well as new
syllabi.
4. JAYPEE Awarded to a candidate Shikha Ramprakash Foundation 23 174/300
GROUP who passes in all papers Poddar (Ms.) Exam., ICSI Yrs. (58.00%)
PRIZE of Group - I of the Final A-203, Redrose, New Link
AWARD examination, at first attempt, Road, Andheri (W)
in one sitting, without claiming MUMBAI-400053
exemption in any subject
included in that Group and
obtaining the highest (Roll No. 52403
percentage of marks in Regn.No. WR0225507)
the aggregate taking into
account the performance
of all such successful candi-
dates under old as well as
new syllabi.

Student Company Secretary 17 January 2006

 STUDENTS SERVICES
5. JAYPEE Awarded to a candidate Vishwas Khanna Foundation 21 201/300
GROUP who passes in all papers 602, Kailash Tower Exam., ICSI Yrs. (67.00%)
PRIZE of Group - II of the Final Kaushambi B.Com (H)
AWARD examination, at first attempt, Ghaziabad-201010
in one sitting, without claiming (U.P.)
exemption in any subject
included in that Group and (Roll No. 36969,
obtaining the highest Regn.No. NR0363024)
percentage of marks in
the aggregate taking into
account the performance
of all such successful candi-
dates under old as well as
new syllabi.
6. JAYPEE Awarded to a candidate V. Neelima (Ms.) Foundation 22 170/300
GROUP who passes in all papers R-2, Income Tax Quarters Exam., ICSI Yrs. (56.67%)
PRIZE of Group - III of the Final 88 Barraccah Road B.Com
AWARD examination, at first attempt, Nammalwarpet
in one sitting, without claiming CHENNAI-600012
exemption in any subject
included in that Group and (Roll No. 45574,
obtaining the highest Regn.No. SR0204094)
percentage of marks in
the aggregate taking into
account the performance
of all such successful candi-
dates.
7. RAI Awarded to a candidate who Gautam Aggarwal Foundation 22 492/900
BAHADUR passes in all papers of the 46, Parbati Ghosh Lane Exam., ICSI Yrs. (54.67%)
SETH Final examination, at first Nr. Jatadhari Petrol Pump B.Com (H)
GUJARMAL attempt, in one sitting with- Girish Park
MODI out claiming exemption in Kolkata-700007
MEMORIAL any subject and obtaining
AWARD the second highest percent- (Roll No. 33520
age of marks in the aggregate Regn. No. ER0179083)
taking into account the per-
formance of all successful
candidates under old as
well as new syllabi.
8. SARASWATI Awarded to a lady candidate V. Neelima (Ms.) Foundation 22 514/900
DHANUKA who passes in all papers of R-2, Income Tax Quarters Exam., ICSI Yrs. (57.11%)
MEMORIAL the Final examination, at 88 Baraccah Road B.Com
AWARD first attempt, in one sitting, Nammalwarpet
without claiming exemption CHENNAI-600012
in any subject and obtaining
the highest percentage of (Roll No. 45574
marks in the aggregate Regn. No. SR0204094)
taking into account the per-
formance of all successful
lady candidates under old
as well as new syllabi.
9. PT. GOPAL Awarded to a lady candi- V. Radhika (Ms.) Foundation Hindustan 21 480/900
CHANDRA date who passes in all E-4, Shree Towers Exam., ICSI Coca Cola Yrs. (53.33%)
SHASTRI papers of the Final examina- 32-2-10-D/1, Madu B.Com Bevarages
MEMORIAL tion, at first attempt, in one Gardens, Mogalrajpuram Pvt. Ltd.,
AWARD sitting, without claiming exe- VIJAYAWADA-520010 Atmakuru Vill.
mption in any subject and Mangalgiri
obtaining the second highest (Roll No. 49260 Guntur-522503
percentage of marks in the Regn No. SR0261321) (A.P.)
aggregate taking into acc-
ount the performance of all
successful lady candidates un-
der old as well as new syllabi.

Student Company Secretary 18 January 2006

 STUDENTS SERVICES
10. PT. NEHRU Awarded to a candidate Priti Ranasaria (Ms.) Foundation 24 67/100
BIRTH who passes in all papers 10, Underhill Lane Exam., ICSI Yrs.
CENTENARY of the Final examination, Civil Lines B.Com (H)
ANNUAL at first attempt, in one sitting, Delhi-110054
PRIZE without claiming exemption
AWARD in any subject and
obtaining the highest Roll No. 36394,
marks EITHER in 'Corporate Regn.No. NR0313015)
Law and Practice-II' paper
under the old syllabus OR
in 'Corporate Restructuring
Law and Practice' paper
under the new syllabus,
whichever is higher, taking
into account the performance
of all successful candidates
in December, 2004 and
June, 2005 examinations
under old as well as new
syllabi.
11. D.L. Awarded to a candidate who Co-Winners : 21 53/100
MAZUMDARS passes in all papers of the 1. Jignesh Ashok Parikh Foundation P Maheshwari Yrs.
SILVER Final examination, at first 13, Chandralok Exam., ICSI & Associates
MEDAL attempt, in one sitting, Jaywant Sawant Road B.Com C-002, G-Floor
without claiming exemption in Dahisar (West) Vishal
any subject and obtaining the MUMBAI-400068 Apts. Sir M.V
highest marks EITHER in Road
Corporate Laws and (Roll No.52808 Andheri (E)
Practice I paper under the Regn. No.WR0337660) Mumbai-400069
old syllabus OR in
Advanced Company Law 2. Narendra J Jain B.Com. __ 24 53/100
and Practice paper under C/o Shri J.P. Jain Yrs.
the new syllabus, whichever 28, Mahaveer Colony
is higher, taking into account GADAG-582101
the performance of all (Karnataka)
successful candidates under
old as well as new syllabi. (Roll No. 45155
Regn. No. SR0257434)
12. D.L. Awarded to a candidate who Jinesh Javerchand Jain Foundation __ 21 62/100
MAZUMDARS passes in all papers of the 04, Chandraniwas Exam., ICSI Yrs.
SILVER Final examination, at first Besant Street, Khotwadi B.Com
MEDAL attempt, in one sitting, Santacruz (West)
without claiming exemption in MUMBAI-400054
any subject and obtaining the
highest marks EITHER in (Roll No. 52809
Corporate Laws and Regn. No. WR0340963)
Practice II paper under the
old syllabus OR in Corporate
Restructuring Law and
Practice paper under the
new syllabus, whichever is
higher, taking into account
the performance of all
successful candidates under
old as well as new syllabi.
13. PAST Awarded to a candidate who V. Radhika (Ms.) Foundation Hindustan 21 63/100
PRESIDENT passes in all papers of the E-4, Shree Towers Exam., ICSI Coca Cola Yrs.
CHINUBHAI Final examination, at first 32-2-10-D/1, Madu B.Com Bevarages
R. SHAHS attempt, in one sitting, Gardens, Mogalrajpuram Pvt. Ltd.,
SILVER without claiming exemption in VIJAYAWADA-520010 Atmakuru Vill.
MEDAL any subject and obtaining the Mangalgiri
highest marks EITHER in (Roll No. 49260 Guntur-522503
Corporate Laws and Regn No. SR0261321) (A.P.)
Practice III paper under
the old syllabus OR in
Secretarial Practice

Student Company Secretary 19 January 2006

 STUDENTS SERVICES
relating to Economic Laws
and Drafting &
Conveyancing paper under
the new syllabus, whichever
is higher, taking into account
the performance of all
successful candidates under
old as well as new syllabi.
14. VIDYA NAND Awarded to a candidate who Gautam Aggarwal Foundation __ 22 61/100
MEHTA passes in all papers of the 46, Parbati Ghosh Lane Exam., ICSI Yrs.
MEMORIAL Final examination, at first Nr. Jatadhari Petrol Pump B.Com (H)
PRIZE attempt, in one sitting, Girish Park
AWARD without claiming exemption in KOLKATA-700007
any subject and obtaining the
highest marks EITHER in (Roll No. 33520
Financial Management Regn. No. ER0179083)
paper under the old syllabus
OR in Financial, Treasury
& Forex Management
paper under the new
syllabus, whichever is higher,
taking into account the
performance of all successful
candidates under old as well
as new syllabi.
15. J.B. DANI Awarded to a candidate who Vineet Maheswary Foundation Trimurti Textile 21 55/100
MEMORIAL passes in all papers of the Trimurti Textile Industries Exam., ICSI Industries Yrs.
PRIZE Final examination, at first 1st Floor B.Com (H) 1st Floor
AWARD attempt, in one sitting, 66, Pathuria Ghat Street 66, Pathuria
without claiming exemption in KOLKATA-700006 Ghat Street
any subject and obtaining the KOLKATA-
highest percentage of marks (Roll No. 33522 700006
EITHER in Management Regn. No. ER0179403)
Control and Information
paper under the old syllabus
OR in Human Resources
Management & Industrial
Relations under the new
syllabus, whichever is higher,
taking into account the
performance of all successful
candidates under old as well
as new syllabi.
Awarded to a candidate who Narendra J Jain B.Com __ 24 60/100
16. TAXMANNS passes in all papers of the C/o Shri J P Jain Yrs.
PRIZE Final examination, at first 28, Mahaveer Colony
AWARD attempt, in one sitting, GADAG-582101
without claiming exemption in (Karnataka)
any subject and obtaining the
highest marks EITHER in (Roll No. 45155
Corporate Tax Regn. No. SR0257434)
Management Direct
Taxes paper under the old
syllabus OR in Direct and
Indirect Taxation Law
and Practice paper under
the new syllabus, whichever
is higher, taking into account
the performance of all
successful candidates under
old as well as new syllabi.
Awarded to a candidate who Abhinav Padam Jain Foundation __ 23 74/100
17. GHANSHYAM passes in all papers of the C-3, 76 Satsang Complex Exam., ICSI Yrs.
DAS SARAF Final examination, at first Upper Govind Nagar
MEMORIAL attempt, in one sitting, Malad (East)
GOLD MEDAL without claiming exemption in MUMBAI-400097

Student Company Secretary 20 January 2006

 STUDENTS SERVICES
any subject and obtaining the
highest marks EITHER in (Roll No. 52800
Corporate Tax Regn. No. WR0299827)
Management Indirect
Taxes paper under the old
syllabus OR in Banking and
Insurance Law and
Practice paper under the new
syllabus, whichever is higher,
taking into account the
performance of all successful
candidates under old as well
as new syllabi.
Awarded to a candidate who Co-winners :
18. SMT. G.P. passes in all papers of the 1. Vineet Maheswary Foundation Trimurti Textile 21 63/100
PODDAR Final examination , at first Trimurti Textile Industries Exam., ICSI Industries Yrs.
MEMORIAL attempt, in one sitting, without 1st Floor B.Com (H) 1st Floor
AWARD claiming exemption in any 66, Pathuria Ghat Street 66, Pathuria
subject and obtaining the KOLKATA-700006 Ghat Street
highest marks in KOLKATA-
Secretarial and (Roll No. 33522 700006
Management Audit paper Regn. No. ER0179403)
under the old syllabus OR in
Secretarial, Management 2. Gunjan Chamaria (Ms.) Foundation __ 23 63/100
and Systems Audit paper 6A, Mohan Lal Street Exam., ICSI Yrs.
under the new syllabus, Shyam Bazar B.Com. (H)
whichever is higher, taking into KOLKATA-700004
account the performance of all
successful candidates under (Roll No. 33496
old as well as new syllabi. Regn No. ER0159951)

INTERMEDIATE EXAMINATION
19. PRESIDENT'S Awarded to a candidate who Rakesh Rathi B.Com __ 21 492/800
SILVER passes in all papers of the C/o Shri Moti Lal Rathi Yrs. (61.50%)
MEDAL Intermediate examination, at Sukhi Jeewan Complex
first attempt, in one sitting, Jacob Road
without claiming exemption in JAIPUR-302006
any subject and obtaining the
highest percentage of marks (Roll No. 16214
in the aggregate taking into Regn. No. NR0413964)
account the performance of all
successful candidates provided
that the aggregate is not less
than 55%.
20 JAYPEE Awarded to a candidate who Rakesh Rathi B.Com __ 21 492/800
passes in all papers of the C/o Shri Moti Lal Rathi Yrs. (61.50%)
GROUP
Intermediate examination, Sukhi Jeewan Complex
PRIZE
at first attempt, in one sitting, Jacob Road
AWARD
without claiming exemption in JAIPUR-302006
any subject and obtaining the
highest percentage of (Roll No. 16214
marks in the aggregate Regn. No. NR0413964)
taking into account the
performance of all successful
candidates.
Awarded to a candidate who N. Seshadri B.Com __ 21 486/800
21. KEDARNATH passes in all papers of the C 5, Aishwarya Apartments Yrs. (60.75%)
PRAHLADRAI 146, Luz Church Road
Intermediate examination,
DHANUKA Mylapore
at first attempt, in one sitting,
MEMORIAL CHENNAI-600004
without claiming exemption in
AWARD
any subject and obtaining the
second highest percentage (Roll No. 25665
of marks in the aggregate Regn. No. SR0311011)
taking into account the
performance of all such
successful candidates.

Student Company Secretary 21 January 2006

 STUDENTS SERVICES
22. MAUJI RAM Awarded to a lady candidate Isha Gupta (Ms.) Foundation __ 23 474/800
JAIN who passes in all papers of Flat No. 404, Kailash Vihar Exam., ICSI Yrs. (59.25%)
MEMORIAL the Intermediate 15/21 Civil Lines B.Com.
AWARD examination, at first attempt, KANPUR-208001
in one sitting, without claiming
exemption in any subject and (Roll No. 17123
obtaining the highest Regn. No. NR0308208)
percentage of marks in the
aggregate taking into
account the performance of
all such successful lady
candidates.
23. SMT. Awarded to a lady candidate Bharati Appu Shetty (Ms.) B. Com __ 22 461/800
BONDADA who passes in all papers of Bldg. No. 85 Yrs. (57.63%)
SAMANTHA- the Intermediate Room No. 2977
KAMANI examination, at first attempt, Nehru Nagar, Kurla
MEMORIAL in one sitting, without claiming MUMBAI-400024
SILVER exemption in any subject and
MEDAL obtaining the second (Roll No. 28379
highest percentage of Regn. No. WR0363167)
marks in the aggregate
taking into account the
performance of all such
successful lady candidates.
24. TAXMANN'S Awarded to a candidate who N. Seshadri B.Com __ 21 71/100
PRIZE passes in all papers of the C 5, Aishwarya Apartments Yrs.
AWARD Intermediate examination, 146, Luz Church Road
at first attempt, in one sitting, Mylapore
without claiming exemption in CHENNAI-600004
any subject and obtaining the
highest marks in Tax Laws (Roll No. 25665
paper taking into account the Regn. No. SR0311011)
performance of all such
successful candidates.
25. PREETI Awarded to a candidate who Isha Gupta (Ms.) Foundation __ 23 72/100
PURASKAR passes in all papers of the Flat No. 404, Kailash Vihar Exam., ICSI Yrs.
Intermediate examination, 15/21 Civil Lines B.Com.
at first attempt, in one sitting, KANPUR-208001
without claiming exemption in
any subject and obtaining the (Roll No. 17123
highest marks in Company Regn. No. NR0308208)
Law paper taking into
account the performance of all
such successful candidates.
26. PREETI Awarded to a candidate who Hardik Harshadkumar B.Com __ 21 78/100
PURASKAR passes in all papers of the Sanghvi Yrs.
Intermediate examination, 'Navkar' 15, Parshwanath
at first attempt, in one sitting, Nagar Society
without claiming exemption in Nr. Police Chowki
any subject and obtaining the Naranpura Char Rasta
highest marks in Company AHMEDABAD-380013
Secretarial Practice paper (Roll No. 26283
taking into account the Regn. No. WR0365804)
performance of all such
successful candidates.
FOUNDATION EXAMINATION
27. SULTAN Awarded to a candidate who Neha Hiran (Ms.) Sr. Sec. __ 19 366/500
CHAND passes in all papers of the 58, Anand Nagar Yrs. (73.20%)
TRUST Foundation examination, at University Road
PRIZE first attempt, in one sitting Nr. Ayad Bridge
AWARD without claiming exemption in UDAIPUR-313001
any subject and obtaining the
highest percentage of (Roll No. 4653
marks in the aggregate Admn. No. NU0217698)
taking into account the
performance of all such
successful candidates.

Student Company Secretary 22 January 2006

 STUDENTS SERVICES
28. SULTAN Awarded to a candidate who Kirti Saruparia (Ms.) Sr. Sec. __ 19 356/500
CHAND passes in all papers of the 16/5, Saruparia Bhawan Yrs. (71.20%)
TRUST Foundation examination, at Opp. General Hospital
PRIZE first attempt, in one sitting, Chetak Road
AWARD without claiming exemption in UDAIPUR-313001
any subject and obtaining the
second highest percentage (Roll No. 4672
of marks in the aggregate Admn. No. NU0225432)
taking into account the
performance of all such
successful candidates.
29. SULTAN Awarded to a candidate who Ashwani K Sairam (Ms.) Sr. Sec. __ 19 351/500
CHAND passes in all papers of 3/3, Brindavan Apts. Yrs. (70.20%)
TRUST Foundation examination, at 2nd Main Road
PRIZE first attempt, in one sitting, Kasturba Nagar, Adyar
AWARD without claiming exemption in CHENNAI-600020
any subject and obtaining the
third highest percentage of (Roll No. 6474
marks in the aggregate Admn. No. SU0072701)
taking into account the
performance of all such
successful candidates.
30. DURGADEVI Awarded to a lady candidate Neha Hiran (Ms.) Sr. Sec. __ 19 366/500
SARAF who passes in all papers of 58, Anand Nagar Yrs. (73.20%)
MEMORIAL Foundation examination at University Road
GOLD first attempt, in one sitting Nr. Ayad Bridge
MEDAL without claiming exemption in UDAIPUR-313001
any subject and obtaining the
highest percentage of (Roll No. 4653
marks in the aggregate Admn. No. NU0217698)
taking into account the
performance of all such
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 Vandana Lakhotia (Ms.) Foundation 22 60/100
CASH in all papers of the Intermediate 16, Tarachand Dutta Exam., ICSI Yrs.
PRIZE examination, at first attempt, in one Street, KOLKATA-700073
sitting, without claiming exemption
in any subject and obtaining the
highest marks in 'Company Sec-
retarial Practice' paper taking into (Roll No. 10583,
account the performance of all Regn. No. ER0190705)
such successful candidates from
examination centres situated within
the Eastern Region.
2. KEDARNATH Awarded to a candidate who passes Richa Dhyawala (Ms.) B.Com 23 442/800
DHANUKA in all papers of the Intermediate Room No. 105, 1st Floor Yrs. (55.25%)
MEMORIAL examination, at first attempt, in one 85, Metcalf Street
CASH sitting, without claiming exemption KOLKATA-700013
PRIZE in any subject and obtaining the
highest percentage of marks in the
aggregate taking into account the (Roll No. 10745
performance of all such successful Regn. No. ER0206630)
candidates from examination centres
situated within the Eastern Region.

Student Company Secretary 23 January 2006

 STUDENTS SERVICES
NORTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. NIRC SILVER Awarded to a candidate who passes Co-winners Foundation 24 450/900
SOUVENIR in all papers of the Final examin- 1. Prafull Mitra Exam., ICSI Yrs. (50.00%)
AWARD ation, at first attempt, in one sitting, H.No. A-4/234
(For Final without claiming exemption in any Paschim Vihar
Examination) subject and obtaining the highest DELHI-110063
percentage of marks in the agg-
regate taking into account the (Roll No. 38476
performance of all such successful Regn. No. NR0267298)
candidates under old as well as
new syllabi from examination centres 2. Shruti Ajmera (Ms.) Foundation __ 23 450/900
situated within the Northern Region. 1-M-1, Gayatri Nagar Exam., ICSI Yrs. (50.00%)
Sector-5, Hiran Magri
UDAIPUR-313002
(Roll No. 42554
Regn No. NR0365517)
2. NIRC PRIZE Awarded to a candidate who passes Rakesh Rathi B.Com 21 492/800
AWARD FOR in all papers of the Intermediate C/o Shri Moti Lal Rathi Yrs. (61.50%)
BOTH examination, at first attempt, in one Sukhi Jeewan Complex
GROUPS sitting, without claiming exemption Jacob Road
(For in any subject and obtaining the JAIPUR-302006
Intermediate highest percentage of marks in the
Examination) aggregate taking into account the
performance of all such successful (Roll No. 16214
candidates from examination centres Regn. No. NR0413964)
situated within the Northern Region.
SOUTHERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. SIRC SILVER Awarded to a candidate who passes V. Neelima (Ms.) Foundation __ 22 514/900
MEDAL in all papers of the Final examin- R-2, Income Tax Quarters Exam., ICSI Yrs. (57.11%)
ation, at first attempt, in one sitting, 88 Baraccah Road B.Com
without claiming exemption in any Nammalwarpet
subject and obtaining the highest CHENNAI-600012
percentage of marks in the agg-
regate taking into account the per- (Roll No. 45574
formance of all such successful Regn. No. SR0204094)
candidates under old as well as
new syllabi from examination centres
situated within the Southern Region.
2. SIRC PRIZE Awarded to a candidate who passes V. Neelima (Ms.) Foundation __ 22 59/100
AWARD in all papers of the Final examin- R-2, Income Tax Quarters Exam.,ICSI Yrs.
ation, at first attempt, in one sitting, 88 Baraccah Road B.Com
without claiming exemption in any Nammalwarpet
subject and obtaining the highest CHENNAI-600012
marks EITHER in 'Corporate Laws
and Practice-II' paper under the old (Roll No. 45574
syllabus OR in 'Corporate restruct- Regn. No. SR0204094)
uring Law and Practice' paper
under the new syllabus, whichever
is higher, taking into account the
performance of all such successful
candidates under old as well as new
syllabi from examination centres
situated within the Southern Region.
3. SIRC-Mrs. Awarded to a candidate who passes Narendra J Jain B.Com. 24 53/100
PANKAJAM in all papers of the Final exami- C/o. Shri J P Jain Yrs.
RENGACHARI nation, at first attempt, in one sitting, 28, Mahaveer Colony
SIRC without claiming exemption in any GADAG-582101
PRIZE subject and obtaining the highest (KARNATAKA)
AWARD marks EITHER in Corporate Laws
and Practice-I' paper under the old (Roll No. 45155
syllabus OR in 'Advanced Company Regn. No. SR0257434)
Law and Practice' paper under
the new syllabus, whichever is higher,
taking into account the performance

Student Company Secretary 24 January 2006

 STUDENTS SERVICES
of all such successful candidates
under old as well as new syllabi from
examination centres situated within
the Southern Region.
4. LATE G. Awarded to a candidate who passes R. Umesh B.Com 22 68/100
SUNDARA- in all papers of the Intermediate No. 153, 10th Main Yrs.
RAJAN examination, at first attempt, in one 7th Sector, H S R Layout
ENDOWMENT sitting, without claiming exemption in BANGALORE-560034
AWARD any subject and obtaining the highest
marks in 'Mangement Information
Systems and Corporate Communi- (Roll No. 20895
cation' paper taking into account the Regn. No. SR0308591)
performance of all successful
candidates from examination centres
situated within the Southern Region.
5. SIRC- Awarded to a candidate who passes N. Seshadri B.Com. 21 71/100
V. KUMAR in all papers of the Intermediate C 5, Aishwarya Apartments Yrs.
MEMORIAL examination, at first attempt, in one 146, Luz Church Road
PRIZE sitting, without claiming exemption Mylapore
AWARD in any subject and obtaining the CHENNAI-600004
highest marks in 'Tax Laws' paper
taking into account the performance (Roll No. 25665
of all such successful candidates Regn. No. SR0311011)
from examination centres situated
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 Srivani Chada (Ms.) B.Com. 21 411/800
GURU RAJ in all papers of the Intermediate D/o. Shri Chada Vijaykumar Yrs. (51.38%)
RAO examination, at first attempt, in one H.No. 8-4-320, Ganesh
MEMORIAL sitting, without claiming exemption in Nagar, Karimnagar-505001.
GOLD any subject and obtaining the highest (A.P.)
MEDAL percentage of marks in the aggre-
gate from amongst all such successful (Roll No. 23117
candidates from Hyderabad Centre. Regn. No. SR0301757)
WESTERN INDIA REGIONAL COUNCIL PRIZE AWARDS
1. WIRC Awarded to a candidate who passes Jinesh Javerchand Jain Foundation 21 474/900
MEDAL in all papers of the Final examina- 04, Chandraniwas, Besant Exam., ICSI Yrs. (52.67%)
tion, at first attempt, in one sitting, Street, Khotwadi B.Com.
without claiming exemption in any Santacruz (West)
subject and obtaining the highest MUMBAI-400054
percentage of marks in the
aggregate taking into account the (Roll No. 52809
performance of all such successful Regn. No. WR0340963)
candidates under old as well as new
syllabi from examination centres
situated within the Western Region.
2. WIRC Awarded to a candidate who passes Kamlesh Natwarlal Joshi Foundation 20 468/900
CASH in all papers of the Final examination, Vithal Nagar, Patel Exam., ICSI Yrs. (52.00%)
PRIZE at first attempt, in one sitting, without Chawl-5, Room No. 17

Student Company Secretary 25 January 2006

 STUDENTS SERVICES
claiming exemption in any subject M G Road, Borivli (East)
and obtaining the second highest MUMBAI-400066
percentage of marks in the aggre-
gate taking into account the performance (Roll No. 52803
of all such successful candidates under Regn. No. WR0313323)
old as well as new syllabi from examin-
ation centres situated within the
Western Region.
3. PAST Awarded to a candidate who passes Jignesh Ashok Parikh Foundation P Maheshwari 21 53/100
PRESIDENT in all papers of the Final examina- B-13, Chandralok Exam.,ICSI & Associates Yrs.
CHINUBHAI tion, at first attempt, in one sitting, Jaywant Sawant Road B.Com. C-002, Ground
R.SHAH without claiming exemption in any Dahisar (West) Flr. Vishal
AWARD subject and obtaining the highest MUMBAI-400068 Apts., Sir, M.V.
marks EITHER in 'Corporate Laws Road
and Practice-I' paper under the old (Roll No. 52808 Andheri (E)
syllabus OR in 'Advanced Company Regn. No. WR0337660) Mumbai-
Law and Practice' paper under the 400069
new syllabus, whichever is higher,
taking into account the performance
of all such successful candidates
under old as well as new syllabi
from examination centres situated
within the Western Region.
4. SUKHLAL Awarded to a candidate who passes Jinesh Javerchand Jain Foundation 21 62/100
C. MODY in all papers of the Final examin- 04, Chandraniwas Exam., ICSI Yrs.
MEMORIAL ation, at first attempt, in one sitting, Besant Street B. Com
PRIZE without claiming exemption in any Khotwadi,
subject and obtaining the highest Santacruz (West)
marks EITHER in 'Corporate Mumbai-400054
Laws and Practice-II' paper under
the old syllabus OR in 'Corporate (Roll No. 52809
Restructuring-Law and Practice' Regn. No. WR0340963)
paper under the new syllabus, which-
ever is higher, taking into account the
performance of all such successful
candidates under old as well as new
syllabi, from examination centres
situated within the Western Region.
5. WIRC PAST Awarded to a candidate who passes Vaibhav Subhas Sakhala B.Com (H) 23 59/100
CHAIRMAN in all papers of the Final examination, 801, Samarth Ashish Yrs.
V.K. MATHUR at first attempt, in one sitting, without Off New Link Road
MEMORIAL claiming exemption in any subject and Oshiwara, Andheri (West)
AWARD obtaining the highest marks EITHER MUMBAI-400053
in 'Corporate Laws and
Practice-III' paper under the old (Roll No. 52806
syllabus OR in 'Secretarial Practice Regn. No. WR0321061)
Relating to Economic Laws and
Drafting and Conveyancing' paper
under the new syllabus, whichever is
higher, taking into account the
performance of all such successful candi-
dates under old as well as new
syllabi from examination centres
situated within the Western Region.
6. WIRC Awarded to a candidate who passes Bharati Appu Shetty (Ms.) B.Com 22 461/800
MEDAL in all papers of the Intermediate Bldg. No. 85, Yrs. (57.63%)
examination, at first attempt, in one Room No. 2977
sitting, without claiming exemption in Nehru Nagar, Kurla
any subject and obtaining the highest MUMBAI-400024

Student Company Secretary 26 January 2006

 STUDENTS SERVICES
percentage of marks in the
aggregate, taking into account the
performance of all such successful candi- (Roll No. 28379
dates from exmination centres Regn. No. WR0363167)
situated within the Western Region.
7. WIRC Awarded to a candidate who passes Kirti Ramesh B.Com. Executive 25 448/800
CASH in all papers of the Intermediate Bhanushali (Ms.) Assistant Yrs. (56.00%)
PRIZE examination, at first attempt, in one 13, Krishna, Vrindavan M/s Purdma
sitting, without claiming exemption in Bldg. D' Souza Pvt. Ltd.
any subject and obtaining the second Wadi Wagle Easte Unit No. 101
highest percentage of marks in THANE-400604 Anand Complex
the aggregate, taking into account Mumbai-400011
the performance of all such success- (Roll No. 32454
ful candiates from examination centres Regn. No. WR0353940)
situated within the Western Region.
8. PAST Awarded to a candidate who passes Kaustubh Uday Samant B.Com. 22 59/100
PRESIDENT in all papers of the Intermediate 104, C Wing, B Type Yrs.
CHINUBHAI examination, at first attempt, in one Malhar Sakul
R. SHAH sitting, without claiming exemption Kabal Singh School Road
AWARD in any subject and obtaining the Kalyan (West)
highest marks in 'Company Law' MUMBAI-421301
paper taking into account the
performance of all such successful (Roll No. 32471
candidates from examination centres Regn. No. WR0371554)
situated within the Western Region.
9. SUGUNA Awarded to a lady candidate who Bharati Appu Shetty (Ms.) B.Com __ 22 461/800
MEMORIAL passes in all papers of the Inter- Bldg. No. 85 Yrs. (57.63%)
PRIZE mediate examination, at first attempt, Room No. 2977
in one sitting, without claiming Nehru Nagar, Kurla
exemption in any subject and obtaining MUMBAI-400024
the highest percentage of marks in
the aggregate taking into account
the performance of all successful (Roll No. 28379
lady candidates from examination Regn. No. WR0363167)
centres situated within the Western
Region.
10. ELVINA PINTO Awarded to a candidate who passes Prem Anthony Sequeira Sr. Sec. 19 349/500
MEMORIAL in all papers of the Foundation A/1, Adarsh Kanti Nagar Yrs. (69.80%)
PRIZE examination, at first attempt, in one J B Nagar, Andheri (East)
AWARD sitting, without claiming exemption MUMBAI-400059
in any subject and obtaining the high-
est percentage of marks in the
aggregate, taking into account the (Roll No. 7745
performance of all such successful Admn. No. WU0127921)
candidates from examination centres
situated within 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

Student Company Secretary 27 January 2006

 STUDENTS SERVICES
performance of all such successful
candidates under old as well as
new syllabi from Ahmedabad
Centre.
2. SHRISH Awarded to a candidate who passes Hardik Harshad Kumar B.Com 21 423/800
H. SHAH in all papers of Intermediate Sanghvi Yrs. (52.88%)
MEMORIAL examination, at first attempt, in one 'NAVKAR' 15, Parshwanath
PRIZE sitting, without claiming exemption Nagar Society
(For in any subject and obtaining the Nr. Police Chowki
Intermediate highest percentage of marks in Naranpura Char Rasta
Examination) the aggregate taking into account AHMEDABAD-380013
the performance of all such successful
candidates from Ahmedabad (Roll No. 26283
Centre. Regn. No. WR0365804)

PUNE CHAPTER OF WIRC (ICSI) PRIZE AWARD

1. LATE SMT. Awarded to a candidate who passes Anand Ganeshlal Baheti Foundation __ 24 450/900
SHAKUNTALA in all papers of the Final examina- Flat No. 4, 2nd Floor Exam., ICSI (50.00%)
BAI NILKANTH tion, at first attempt, in one sitting, 617, Saraswati Vinayak
NAVARE without claiming exemption in any Appt., Narayan Peth
PRIZE subject and obtaining the highest PUNE-411016
AWARD percentage of marks in the
aggregate taking into account the
performance of all such successful (Roll No. 53951
candidates under old as well as new Regn. No. WR0346454)
syllabi from Pune Centre.

A fir
firmm of Charter ed Accountants fr
Chartered om Mumbai
from
is recruiting semi-qualified students
to attend to Company Law matters of Clients i.e. maintenance of Minutes Books,
Statutory Registers, providing resolutions, filing of returns, documents and forms
with the Registrar of Companies, obtaining search of documents filed with Registrar
of Companies, preparation of documents for registration of charges,
Incorporation/Winding up of Companies, Mergers and Amalgamation etc.

Applicant should be pursuing the studies for Company Secretary. Applicant must be
fluent in English. Proficiency at MS Word and Excel is desirable. Compensation
commensurate with experience.
Apply to :
Box No. 120
C/o Student Company Secretary
The Institute of Company Secretaries of India
22, Institutional Area
Lodi Road
New Delhi-110003

Student Company Secretary 28 January 2006

LIST OF THE COMPANIES REGISTERED FOR IMPARTING 9. Transasia Bio-Medical Limited 15 Months Suitable
TRAINING DURING THE MONTH OF NOVEMBER - 2006 Transasia House, 8, Chandivali Training
Bhavan, Block No. III, Jain Road
Sl. Region Training Stipend Bhopal-462011
No. Period (Rs.) Eastern Region
Northern Region 10. Bhoruka Investment Limited 15 Months Suitable
1. Bharat Nidhi Limited 15 Months 2500- P-4, New C.I.T. Road Training
"Times House" Training 4000 Kolkata-700073
7, Bahadur Shah Zafar Marg 11. Nicco Uco Alliance Credit Ltd. 15 Months Suitable
New Delhi-110002 NICCO House, 2, Hare Street Training
2. Jai Baba Finance Co. (P) Limited 03 Months Suitable Kolkata-700001
Ras Bahar Colony, Shivpuri Road Practical Southern Region
Jhansi-284003 U.P. Training 12. Kerala Ayurveda Pharmacy Ltd. 15 Months Suitable
3. Bougainvillea Multiplex & 15 Months Suitable Athani-683585 Training
Centre Pvt. Limited Training Aluva, Kerala
Plot I-2, Sector 25A, Noida-201301 LIST OF PRACTISING MEMBERS REGISTERED FOR THE
4. Chartered Capital and 15 Months 4000- PURPOSE OF IMPARTING APPRENTICESHIP TRAINING
Investment Limited Training 5500 DURING THE MONTH OF NOVEMBER, 2005
13, Community Centre, East of
Kailash, New Delhi-110065 1. K.J. GIJI JOSEPH PCSA-1313
5. Housing & Urban Development 15 Months Suitable 87/46/2, 1st Floor, 13th Cross,
Corporation Limited Training 8th Main, Wilson Garden
B-1, NE Block, PICUP Building BANGALORE-560030
Vibhuti Khand, Gomti Nagar 2. MANISH SHARMA PCSA-1314
Lucknow-226010 1048, Shakti Sadan Baba Harish
Western Region Chandra Marg, Chandpole Bazar,
6. Media Content and Communications 15 Months Suitable JAIPUR-302001
Services (India) Pvt. Ltd. Training 3. GORIGE THIRUPALU PCSA-1315
Star News Centre, Off. Dr. E. Moses 9/21, 1st Cross, Krishna Murthy
Road, Mahalaxmi, Mumbai-400011 Layout, Tavarekere Main Road
7. Informedia India Limited 15 Months Suitable DRC Post, BANGALORE-560029
'A' Wing, Ruby House, J.K. Sawant Training 4. CHANDRAMAULI KUMAR MISHRA PCSA-1316
Marg, Dadar (West) C-10, Prashant Vihar
Mumbai-400028 DELHI-110085
8. Fomento Resorts and Hotels Ltd. 15 Months Suitable 5. VIMAL MAKKER PCSA-1317
Cidade de Goa, Vainguinim Beach Training 523A, Sector-14
Goa-403004 GURGAON-122001

Attention Students!

SUBSCRIPTION TO CHAR TERED

CHARTERED
SECRETAR
SECRETAR
ARYY
Students may perhaps be aware that the Institute has been bringing out a monthly journal Chartered Secretary for
corporate professionals for the last over thirty-five years. The journal is rated to be one of the best professional journals
consistently maintaining high standards in providing Government notifications, legal decisions and analytical and informative
articles. The journal is not only important for corporate professionals, members of the Institute and lawyers but is equally
important for students for keeping them well informed about the latest changes and developments.This in turn will not only
help the students to write their examinations well but will also help them to step into the professional world with confidence.
The Legal World section provides all the latest and important cases, the From the Government column provides
changes/ amendments in various statutes/Laws/Rules etc. and the Articles section provides informative and analytical
articles on contemporary topics.
The annual subscription of the journal is Rs. 500/-for members whereas the same is supplied at a concessional
annual subscription of Rs. 300/- to the Registered Students of the Institute. It is in the interest of the students to
subscribe to the Journal. Students interested in receiving the monthly journal Chartered Secretary may send a Demand
Draft favouring the Institute of Company Secretaries of India for an amount of Rupees 300/- and forward the same to :
Joint Director (Publications)
The Institute of Company Secretaries of India
22, Institutional Area, Lodi Road, New Delhi-110003.

Student Company Secretary 29 January 2006

 STATUS OF TRAINING
(Period from 01-12-2005 to 31-12-2005)
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 30.11.05 month (upto 31.12.05) 31.12.05 30.11.05 the month taken for training 31.12.05
(upto 31.12.05)
15 Months in 5 15 15 NIL 5 19 25 NIL
Companies
15 Months with NIL 4 4 NIL NIL 7 7 NIL
CS in Practice

3 Months in NIL NIL 30 30 NIL

Company/
15 Days in
Optional Area
2. Exemption
1. Number of applications pending as on 30.11.2005 : NIL
2. Number of applications received for exemption : 34
3. Number of exemptions granted : 34
4. Number of pending applications as on 31.12.2005 : NIL

SECRETARIAL MODULAR TRAINING PROGRAMME ORGANISED BY H.Q./REGIONAL

COUNCILS/CHAPTERS
ELIGIBILITY OF PARTICIPANTS : ICSI Final passed candidates. SMTP COURSE CONTENTS: Module I-Filling & Filing of Forms under the
Companies Act, 1956. q Module II-Practical & 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 & Export and 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

WIRC of 10.03.2006 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 Area, Nariman Point Mumbai-400021 Tel. No. : 22047580/22021826/
26.03.2006 CBD Belapur, Navi 22844073/22047569 Fax No. : 022-22850109 E-mail : wircicsi@vsnl.com
Mumbai-400614 wiro@icsi.edu
CCRT of 18.03.2006 ICSI-CCRT Plot No. 101, Programme Co-ordinator, SMTP CCRT of the ICSI Plot No. 101, Sector-15
the ICSI to Sector 15 Institutional Area, Institutional Area, CBD Belapur, Navi Mumbai-400614 Tel. : 27577814-16
02.04.2006 CBD Belapur, Navi Std Code : (022) Fax No. : 022-27574384 E-mail : ccrt@vsnl.com
(Residential SMTP) Mumbai-400614

SCHEDULE OF ACADEMIC DEVELOPMENT PROGRAMME (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
per ADP.
The Schedule of ADP proposed to be organized by Regional Council is as under :
Organised by Day & Date Venue of the Contact Address
Programme
SIRC of 18.02.2006 SIRC Deputy Director, SIRC-ICSI House, No. 9, Wheat Crofts Road, Nungambakkam,
the ICSI Premises Chennai-600035 Tel. :044-28279898/28268685 Fax No. : 044-28268685
E-mail : icsisirc@md3.vsnl.net.in/siro@icsi.edu

Student Company Secretary 30 January 2006

 NEWS AND ANNOUNCEMENTS
NEWS AND ANNOUNCEMENTS
NORTHERN INDIA REGIONAL COUNCIL
VALEDICTORY FUNCTION OF 98TH SMTP
On 29.10.2005 the valedictory function of 98th SMTP conducted
by the Regional Council was held at ICSI-NIRC Building, New Delhi.
Sanjeet Samal, Joint Development Commissioner-Handloom, Ministry
of Textile was the Chief Guest on the occasion. Yogesh Gupta in his
welcome address complimented the participants on their successful
completion of the course. He advised them to update themselves by
reading journals, magazines, etc. The updation should be an ongoing
process and it will be useful at a later date. He also advised them to
be in touch with one another to derive synergy benefits.
S. Kumar also endorsed the view of updation. He emphasized
that professional ethics is an important area to be taken care of.
Healthy growth of the profession enhances the image of the Institute.
He urged the participants to attend various programmes organized
by the Institute.
Sanjeet Samal, expressed his happiness over the invitation as a
Chief Guest. He said that C.S. is a coveted profession. As the service
sector is growing, opportunities for the C.S. professionals are
increasing day by day. Legal domain is expanding. Now the role of
the C.S. is no longer confined to Board Room. Now, the profession
has assumed innumerable dimensions. New sectors are emerging,
IPR, anti dumping are the growing fields where legal formalities have
a big role. International trade law is another emerging area. In 3-4
years time, professionals may be called upon to render services
globally. All these, needless to say, necessitate updation. Sanjeet
Samal also distributed SMTP completion certificates to the
participants.
INAUGURAL FUNCTION OF 99TH SMTP
On 22.11.2005 the 99th SMTP conducted by the Regional Council
was inaugurated at the ICSI-NIRC Building, New Delhi. Deepak
Kukreja in his opening remarks advised the participants to stretch
beyond the core area of corporate law and also urged them to update
themselves. G.P. Madaan in his welcome address complimented
the participants on their successful completion of C.S. While
highlighting the importance of this compulsory training for 15 days,
Madaan claimed that it is an excellent time to become a member of
the profession. The economy is booming, sensex is sensationally
high, inflation well under control all these factors augur well for the
profession. The new company law with heavy penalties create
additional demand for the professional services. The CS has become
indispensable today. Madaan suggested the need for updation and
upgradation to the participants. S. Kumar briefed the chief guest
about the process of training imparted to the students of CS. He
stated that the object of training is to develop confidence and to provide
a platform to remove hesitations. The C.S. professionals should
invariably develop the art of advocacy. By establishing relationship
and interaction with seniors it is possible to grow faster. Nesar Ahmad
extended his warm welcome to the participants to the ICSI Parivar.
He elaborated on the trend of the economy and suggested certain
measures to take advantage of it. The Institute has done its job by
issuing a certificate. The real career starts from now on. There is a
paradigm shift in the role of a CS. The CS is no longer a compliance
officer. He has more in the offing. New challenges & new opportunities
in the new scenario will expose the CS to a variety of situations. We
should wake up to the call to grab new opportunities.
Chief Guest V.S. Wahi, Member, CLB congratulated the
participants and alerted them to the global changes, corporate matters
were being dealt with by CAs. Now the CS professionals gained
prominence and they are emerging as very successful professionals.
The chief guest was full of praise for the Institute and he rated the
Chartered Secretary as one of the best journals in India.
Student Company Secretary
CAREER AWARENESS PROGRAMMES
On 25.11.2005 a Career Awareness Programmme was held at
S.P. Mukherjee Womens College. New Delhi and on 12.12.2005 at
Shyam Lal Evening College, Shahdra, New Delhi. The programme
was addressed among others by J.K. Bareja, FCS, Geetanjali S.
Kumar, ACS and A.K. Srivastava, EO, NIRC. During the Career
Awareness Programmes the speakers present provided information
about the growth & development of the Company Secretaryship
Course, employment and practising opportunities available to the
members of the Institute, registration procedures, teaching and training
schedules etc. The on the spot queries raised on the occasion were
also replied. Institutes brochures on company secretaryship course
were distributed at the end of the programmes.
AGRA CHAPTER
CAREER AWARENESS PROGRAMME
On 1.12.2005 the Chapter conducted a Career Awareness
Programme at Bal Bharti Vidhya Pith (Inter College-English Medium)
at Vibhav Nagar, Agra. Nearly 50 students attended the Career
Awareness Programme.
KANPUR CHAPTER
CAREER AWARENESS PROGRAMME
On 14.12.2005 the Chapter organized a Career Awareness
Programme on the profession of company secretaries at A.N.D.
Degree College, Harsh Nagar, Kanpur. Vinod Mehrotra, Chairman
and Kunwar Lal Kushwaha, Chapter Official along with other staff of
the Chapter visited the college.
Vinod Mehrotra, briefed the students about the scope of the
profession. He informed them about the position, functions and
responsibilities of a company secretary in employment and in practice.
He also discussed various opportunities available to the company
secretary in employment as well as in practice.
The students showed a lot of interest and raised various queries.
The students were advised to contract Kunwar Lal Kushwaha at the
Chapter for any further queries. Pamphlets were distributed among
the students. There were about 200 students present at the Career
Awareness Programme.
MODINAGAR CHAPTER
CAREER COUNSELLING PROGRAMME
On 16.12.2005 the Chapter organized a Career Counselling
Programme in Rukmani Modi Mahila Inter College, Modinagar.
Approximately 120 students of Commerce Stream participated in the
programme. Surendra Sharma, Gaurava, P.K.Agarwal, Managing
Committee Members and A.S. Chauhan, Executive Officer, Modinagar
Chapter briefed the students about the Institute, Course contents,
fee structure and avenues available to the profession. Queries raised
by the students and faculties were replied suitably. Informative leaflets
were also distributed amongst the participants.
SOUTHERN INDIA REGIONAL COUNCIL
BANGALORE CHAPTER
LIVE PHONE-IN PROGRAMME ON CAREER AS
COMPANY SECRETARY
On 29.10.2005 the Chapter participated in a Live Phone-in
programme on Kannada Channel Chandana in Hello Geleya on
Career as Company Secretary. Gopalakrishna Hegde, Chapter
Secretary explained the role of a Company Secretary and the
importance of the profession of Company Secretaries in the changing
economic scenario. He also highlighted the opportunities available to
anyone who has completed the Company Secretaryship course. He
further enumerated the emerging areas of practice and the changing
role of a Company Secretary. He also focused on what would be the
31 January 2006
 NEWS AND ANNOUNCEMENTS
mindset and preparation required from students who want to pursue
the Company Secretaryship Course. He then explained about the WESTERN INDIA REGIONAL COUNCIL
Institute and its Regional Councils and Chapters/Satellite Chapters
and also the Vision & Mission of the Institute. KOLHAPUR SATELLITE CHAPTER
He also dealt with in detail the course offered by the Institute and INAUGURATION OF THE SATELLITE CHAPTER
the eligibility criteria of the course, examination, requirements of On 19.11.2005 the inaugural function of Kolhapur Satellite Chapter
training etc. He also highlighted the importance of making the right of Western India Regional Council of the Institute was held at Kolhapur.
career choice when in college itself so as to be successful in life. He The Satellite Chapter was inaugurated by Vikas Khare, Secretary,
clarified various doubts and issues raised through phone calls by WIRC in the presence of Vinayak Khanvalkar, Council Member, WIRC
prospective students during the programme and thanked the TV and Antony Paul, Joint Director WIRC. Dr. Krantikumar Patil, Principal,
Channel for providing the opportunity to the institute. Kamala College, Kolhapur was the guest of honour. After lighting the
MEETING WITH THE TRAINEES traditional lamp by the dignitaries, Khare declared the opening of
On 19.11.2005 the Chapter organized a meeting with Management/ Kolhapur Satellite Chapter.
Apprenticeship trainees at its premises. J. Sundharesan, Chapter In his inaugural address Khare hoped that the Satellite Chapter
Chairman welcomed the trainees and briefly explained the objective would become one of the model Chapters of the Institute. He stressed
of the meeting. He also explained the importance of training and the that the office bearers of the Satellite Chapter must function within
importance of maintaining the training diary and also in submitting the frame work of the guidelines/rules framed by the Institute.
the quarterly reports with the Institute in the prescribed format. He Antony Paul, read out the message of S.N.Anathasubramanian,
also highlighted the benefits of attending the programmes conducted Chairman, WIRC sent by him on the occasion of the inauguration of
by the Institute/Chapter. The trainees present shared their experience the Satellite Chapter. Members and students of the Institute were
and sought advice on how to make their training more effective.
present in large number.
Sangeetha Flora, Executive Officer informed the trainees on the
After conclusion of the function a lecture meeting was arranged
importance of attending both Training Orientation Programme and
for the benefit of the students. Vikas Khare addressed on the concept
Professional Academic Programme as was required by the Institute.
of manufacture under Central Excise Act. The talk received good
Six trainees were present at the meeting.
response from the students.
CAREER COUNSELLING PROGRAMME Vinayak Khanvalkar, Regional Council Member, WIRC in his
On 23.11.2005 the Chapter organised a Career Counselling address on the concept of producer company discussed the important
Programme at Government Degree College, Jamanamudugu, Kadpa provisions of the newly introduced concept. Students took keen
Dist, Andhra Pradesh. Over 150 students pursuing B.Com course interest in the topic.
attended the programme. G. Thirupal, PCS, Bangalore in his address
explained in detail the course offered by the Institute, the eligibility
criteria of the course, examination, requirements of training etc. He
also highlighted the importance of making the right career choice
when in college itself so as to be successful in life. He spoke about
the role of a Company Secretary and importance of the profession of
Company Secretary in the changing economic scenario. He also
highlighted the opportunities available to anyone who has completed
a Company Secretaryship course. He further enumerated the
emerging areas of practice and the changing role of a Company
Secretary. He also focused on what would be the mindset and
preparation required from a student who wanted to pursue the
Company Secretaryship Course. He also clarified the doubts and
issues raised by the participants and thanked the management for
providing this opportunity to the Institute. Brochures explaining the
Company Secretaryship Course were also distributed to the students.
MADURAI CHAPTER
INAUGURATION OF ORAL COACHING CLASSES
On 23.12.2005 new batch of Intermediate (Group I) oral coaching
classes was inaugurated at the Chapter premises. Dr. R.M.Nagammai,
Head, Department of Commerce, Lady Doak College, Madurai
inaugurated the oral coaching classes. M. Govindarajan, Chapter
Secretary introduced the chief guest to the students. In his address
the Secretary advised the students to study the lessons regularly so
that they could pass the examination in one attempt. In her speech
the Chief guest congratulated the students, who are in employment
and who are studying in colleges for selecting this professional course
for their bright future. She stressed that company Secretaryship is
best suitable to lady students. She appreciated the Chapter for creating
more awareness of this course in Madurai as well as other areas by
conducting many Career Counselling programmes. She advised the
students that the subjects in the course will not only be helpful to
them to become a company secretary but would also be much helpful
in their career as a company secretary either in whole time
employment or in practice. The students should strive hard so that
they could pass at the earliest and to become a company secretary
which has much potential in the Indian Business Sector as well as in
the international scenario.

Student Company Secretary 32 January 2006

 Mind Power Ad

Student Company Secretary 33 January 2006

 ONLINE REGISTRATION FOR FOUNDATION/REGULAR COURSE

Student Company Secretary 34 January 2006

Student Company Secretary 35 January 2006
Student Company Secretary 36 January 2006
 COMPULSORY SWITCHOVER TO NEW SYLLABUS - FINAL COURSE
1. All students will be required to appear in the Final Examination under the New Syllabus beginning from December, 2005 session of
Examination.
2. Their Student Registration Code Nos. have also been changed from CG/EG/NG/SGIWG to CR/ER/NR/SR/WR and the identity cards
already issued to them will hold good under the new syllabus as well.
3. With a view to mitigate the hardship to the students who have already passed any one Group of the Final Examination under the Old
Syllabus that they will have to appear in more number of papers on switch over to the New Syllabus, the Council reconsidered and
decided that a candidate at the Final Level shall be exempted on the basis of having passed/secured exemption in papers under the
syllabus specified in Part - III of Schedule CCA on switch over to the new syllabus specified in Part - III of Schedule CCB and the
following scheme of exemption shall be applicable to him:
Papers passed/exempted under the syllabus specified Exemption from papers under the syllabus specified
in Part - III of Schedule CCA in Part-III of Schedule CCB
1 Financial Management Financial, Treasury& Forex Management
2 Management Control and Information Human Resource Management and Industrial Relations
3 Corporate Tax Management - Direct Taxes Direct & Indirect Taxation - Law & Practice
4 Corporate Tax Management - Indirect Taxes Banking & Insurance-Law & Practice
5 Corporate Laws & Practice - I Advanced Company Law & Practice
6 Corporate Laws & Practice - II Corporate Restructuring -Law & Practice
7 Corporate Laws & Practice - III Secretarial Practice relating to Economic Laws and
Drafting and Conveyancing
8 Secretarial and Management Audit Secretarial, Management & System Audit
4. As per the revised scheme of exemptions approved as above, a student who has passed Group I or Group - II of the Final Examination
under the Old Syllabus comprising of four papers will be exempted from the four papers under the New Syllabus and shall be required
to appear in the remaining papers as per the following details:
TABLE OF CORRESPONDING EXEMPTIONS (FINAL)
Particulars of the Group Passed under Papers in which the student shall be Remaining Papers in which student will
Old Syllabus entitled for the Exemption under the be required to appear under the New
New Syllabus (as per revised scheme) Syllabus (as per revised scheme)
Group-I Group-II Group-I
1. Financial Management 1. Financial Treasury & Forex Management 1. Advanced Company Law & Practice
2. Management Control & Information 2. Banking & Insurance Law and Practice 2. Secretarial Practice relating to
3. Corporate Tax Management Group-III Economic Laws and Drafting &
Direct Taxes 1. Direct & Indirect Taxation Conveyancing
4. Corporate Tax Management Law & Practice 3. Secretarial Management & Systems
Indirect Taxes 2. Human Resource Management Audit
and Industrial Relations Group-II
1. Corporate Restructuring
Law & Practice
Group-III
1. WTO-International Trade, Joint Ventures
& Foreign Collaborations
Group-II Group-I Group-II
1. Corporate Laws & Practice-I 1. Advanced Company Law & Practice 1. Financial, Treasury and Forex
2. Corporate Laws & Practice-II 2. Secretarial Practice relating to Economic Management
3. Corporate Laws & Practice-III Laws and Drafting & Conveyancing 2. Banking & InsuranceLaw & Practice
4. Secretarial & Management Audit 3. Secretarial Management & Systems Audit
Group-II Group-III
1. Corporate Restructuring 1. WTO-International Trade, Joint
Law & Practice Ventures & Foreign Collaborations
2. Direct and Indirect Taxation
Law & Practice
3. Human Resource Management
and Industrial Relations
5. Students who have completed coaching for the Final Course under the Old Syllabus will be exempted from undergoing coaching under
the New Syllabus. However, students who have completed coaching in a single group/subject(s) will also be eligible for the corresponding
exemption as per table under para (3) above.
6. All the students of Final Old Syllabus (Under the Compulsory Switchover Category) will be enrolled for June 2006 session of Examination
as per the above guidelines. The paper wise exemption(s) will be printed & mentioned on the Admit Card as well as in the Attendance
Sheet. In case of any discrepancy, the same may be brought to the notice of the Institute immediately or may contact Sohan Lal, Joint
Director or T.P. Balasubramanian, Desk Officer on Tele No. 41504444 Extn. 511/515.

Student Company Secretary 37 January 2006

 Revised Advertisement Tariff

Student Company Secretary 38 January 2006

Student Company Secretary 39 January 2006
Student Company Secretary 40 January 2006