Sunday, March 13, 2011

SIP FORM FOR EXECUTIVE PROGRAMME STUDENTS



SIP Form

APPLICATION FORM



1. Name                                             :

2. Registration No.                            :

3. Date of registration                       :

4. Qualifications
(a)   Educational                             :
(b)  Professional                                       :

5. Correspondence address               :

6. Telephone Number (Residence)    :
                                        (Other)      :
                                      (Mobile)       :
                                         Email        :

7. Particulars of fees paid                  : Rs. 1000 /- DD in favour of     “WIRC of ICSI”




Place:
Signature
Date:



Tuesday, March 8, 2011

MOU BETWEEN ICSI AND NSE

Memorandum of Understanding between ICSI and United Stock Exchange of India Ltd. (USE)

The Institute entered into an MOU with United Stock Exchange of India Ltd. on March 07, 2011

United Stock Exchange of India Limited (USE) is India’s newest stock exchange and has been promoted by 21 Indian public sector banks, private banks and corporate houses. 

The areas of collaboration under MOU include:

1)           Holding and organizing seminars on financial markets and corporate governance to empower the users.

2)           Creating infrastructure of knowledge based technical studies on financial markets.

3)           Creating awareness about the complex financial instruments and using derivatives for effective hedging keeping accounting standards in perspective.

4)           Conduct various kinds of certification programmes and literature on financial markets and corporate governance.

5)           Hosting events such as simulation exercises (mock trading on exchanges), seminars, and training in financial markets to empower ICSI members and general investing public in rightfully analyzing the financial markets.      

6)           Conducting research and other related activities in financial markets and impact of corporate laws and Secretarial standards on financial markets.

7)           Imparting and conducting special training and education programmes in financial markets.

8)           Organizing short term courses on various asset classes, currency, interest rates, commodity, debt, mutual funds, and derivatives.

9)           Organizing panel discussions, webcasting and presentation of experts on various aspects of financial markets and using electronic media for imparting knowledge.

10)      Collaborating for joint certification of ICSI professionals on topics of professional interest.

11)      Membership of United Stock Exchange of India is available free of cost to all ICSI Members for the first three months from the signing of this MOU.


Monday, March 7, 2011

1st Chapter - Constitution of India (COMPLETE)



All my ideas is related to MODULE - and not from any other book
Today i am going to Complete full first Chapter of GCL - Constitution of India
The answers which one should do from 1st Chapter - is given below -

1) Structure

2) Peculiar Features of Indian Federalism

3) Definition of State - Article 12

4) FUNDAMENTAL RIGHTS - V. IMPORTANT -
      i) Right to Equality - Articles 14 to 16
     ii) Right to Freedom - Articles 19 to 22
    iii) Right against Exploitation - Articles 23 and 24
    iv) Right to Freedom of Religion - Articles 25 to 28
     v) Cultural and Educational Rights - Articles 29 and 30
     vi) Right to Constitutional Remedies - Articles 32

5) DOCTRINES -
      Doctrine of Severability
      Doctrine of Eclipse
      Waiver
     
6) Article 14 to 18 - RIGHT TO EQUALITY
        In this learn - Legislative Classification
                             Test of valid Classification
                             Scope of Article 14 - Only bold portion

7) Article 15  Prohibition of discrimination on grounds of religion etc. - FULL

8) Article 16 - EQUALITY OF OPPORTUNITY IN MATTERS OF PUBLIC EMPLOYMENT

9) Article 17 - ABOLITION OF UNTOUCHABILITY

10) Article 18 - ABOLITION OF TITLES

11) Article 19-22 - RIGHTS RELATING TO FREEDOM        
          Scope and Limitations on the Freedoms
          Freedom of assembly
          Freedom of association
          Freedom of movement
          Freedom of residence
          Freedom of trade and occupations

12) Articles 20-21-22 - Protection in respect of conviction of offence
         Protection against arrest and detention
         Preventive Detention
         Safeguards against Preventive detention

13) Right against exploitation - Article 23 and 24

14) Right to freedom of Religion - Article 25
        Freedom of conscience and free profession, practice and propagation of religion - Article 25

15) CULTURAL AND EDUCATIONAL RIGHTS (RIGHTS OF MINORITIES - V. IMP.

16) Articles 31A, 31B and 31C relating to Property

17) Right to Constitutional Remedies

18) Remedies for enforcement of Fundamental Rights

19) Supplementary provisions - Article 33-35

20) DIRECTIVES PRINCIPLES OF STATE POLICY

21) FUNDAMENTAL DUTIES

22) ORDINANCE MAKING POWERS

23) POWER OF PARLIAMENT TO MAKE LAWS ON STATE LIST - V. Imp.

24) Interpretation of the Legislative Lists

25) FREEDOM OF TRADE, COMMERCE AND INTERCOURSE

26) THE JUDICIARY - ALL IMP.

27) WRIT JURISDICTION OF HIGH COURTS AND SUPREME COURT

28) TYPES OF WRITS - V. IMPORTANT
            HABEAS CORPUS - V.V.V. IMPORTANT
            MANDAMUS
            PROHIBITION
            CERTIORARI
           QUO WARRANTO
         
29) DELEGATED LEGISLATION

30) CLASSIFICATION OF SUBORDINATE LEGISLATION

AZAM SAYS - This chapter is very important that's why maximum point is to be covered, by looking at the examination's point of view - prepare the full chapter thoroughly
         

Saturday, March 5, 2011

Training Structure


Attention Students!


NEW TRAINING STRUCTURE

The Council of the Institute has approved new training structure for the students of the Company Secretaries course enrolled on or after 1st September, 2009.
                 
The New Training Structure includes conducting 7 days Student Induction Programme (SIP), 8 days Executive Development Programme (EDP), 25 hours’ compulsory attendance of Professional Development Programmes (PDP), Management Skills Orientation Programme and other requirements during training period while maintaining the existing duration of training, as under:

I.       Duration of training:

The existing period of training of 15 Months will be continued and students are free to undergo training wholly or partly with a Company Secretary in Practice or a Company registered for imparting training. 

Further, the existing 15 days training in a specialized agency such as the Office of the Registrar of Companies, stock exchange, financial or banking institution or management consultancy firm for another fifteen days, after passing Professional Programme (Final) exams is continued.

II.     Training Programmes:

The three programmes at different stages of the course would be conducted as under:

a).      Student Induction Programme (SIP) - Duration - 7 days, to be completed by the students within 6 months of registration to the Executive Programme (Intermediate Exams ) covering the following areas:-

1.        English Speaking Skills.
2.        Personality Development and Life Skills – Basic Concepts.
3.        Introduction to Course Contents, Electives and Opportunities both in practice and employment.
4.       Communication Skills, Writing ability-drafting etc.
5.        Usefulness of Reading Newspaper
6.        SWOT Analysis
7.        Computer Literacy (Basics)
8.       Know your Institute

b).      Executive Development Programme (EDP) - Duration 8 days, after passing the Executive Programme (Intermediate Exams) covering the following areas:-

1.      Personality Development - and Life Skills – Advanced Concepts (Interpersonal Skills, Decision Making Skills, Team Spirit, Negotiating Skills)
2.       Computer Literacy and Training (Advance)
3.       General awareness of Indian/Global economy, business conditions, Regulatory Insight, Capital Markets, and opportunities 
4.       Organisation Structure, Role of ROC/CLB/SEBI/SAT /Stock Exchanges/RBI/CCI/ TRAI/NCLT/NCLAT
5.       Drafting of Minutes, Notices, Resolutions, Advance business tools such as internet browsing, video conferencing etc.
6.       Etiquettes, Inter personal skills, Communication skills, Office culture;
7.       Significance of training and Code of conduct applicable during training period
8.       Interview Techniques & How to face interviews.

c).      Management Skills Orientation Programme (MSOP) – Duration 15 days after passing Professional Programme (Final Exams) covering:-

CORE TOPICS

1.     Leadership skills, Innovation, latest trends in management   thoughts.
2.     Business strategy, Corporate restructuring through Mergers & Amalgamations, Take Over, Valuation, Competition Law, Consumer Protection.     
3.      Cross border transactions, global business scenario.
4.      Major tax laws, Double Taxation Treaty Agreements, Service Tax. 
5.      Corporate Governance, Business Ethics, Sustainability.
6.      Meetings, Secretarial Standards, Important provisions of Co. Law.
7.      Capital Market related topics, Regulatory insight, Exchange related issues.
8.        Projects covering diverse areas including corporate laws.
9.        Intellectual Property Rights
10.      Arbitration, Conciliation, Alternate Dispute Redressal Mechanism
11.      Corporate Compliance Management
12.      Areas of Practice –Existing & Emerging
13.      Understanding  Financial Statements
14.      Art of Advocacy, Court craft, Pleadings
15.      Board Room behaviour, Drafting of Chairmen’s Speech, Directors’ Report
16.       Networking skills and business behaviour
17.       About ICSI and Code of Conduct
18.       Any other Topic of Topical interest.

As far as practicable, the mechanism for MSOP would be through Case Studies, Story Telling, Group Discussions, Role Playing, simulation exercises and the like so as to provide a real-life practical exposure.

ELECTIVES

1.     Behavioral Sciences
2.     Listing Compliances, Case Studies
3.     Sick Companies and solvency laws
4.     NGOs /Micro financing/Cooperative Societies
5.     Part IX Companies
6.     Practical aspects of Criminal law
7.     Inspection and Investigation, Compounding of offences under various laws Companies Act, FEMA, SEBI
8.     VAT-Procedure & Practice
9.     Laws relating to Intellectual Property Rights
10. Taxation – Corporate Taxation, Personal Tax Planning & Management, Filing of Returns
11. Private Equity, Venture Capital, Hedge Funds
12. International Trade & Policy
13. Banking & Insurance
14. Cyber laws
15. Stress management


III.     Implementation Schedule:

Under the new training structure 7 days Student Induction Programme (SIP) & 8 days Executive Development Programme (EDP) would be implemented by Regional Councils & Chapters as under:

i)   Regional Councils                 1st September, 2009
ii)  A-1/ A grade Chapters          1st January, 2010
iii) B grade Chapters                  1st April, 2010

IV.     Fee structure:

a) Student Induction Programme (SIP)                         Rs. 1000/-
b) Executive Development Programme (EDP)                Rs. 1000/-

V.      Applicability:

The new revised training structure will be applicable to the students registered on or after 1st September, 2009.

VI      Attendance in 25 hours Professional Development Programme (PDP):

The students will be required to complete 25 hours of Professional Development Programme (PDP). The Regional Councils & Chapters would allow the students to attend such programmes at concessional rates.

Chapterwise sequence in which you should learn

GCL  - General Commercial Law is not so easy Subject to Learn, so what to do instead according to the number of times, Chapters are being asked - we can make arrangement to learn GCL -

Below given is the sequence in which you should learn and also the weightage of each chapter -
I)First Four Chapters are extremely important - you should learn that thoroughly
Chapter No.        Name of the Chapter                             Weightage (approximately)         
         1                Constiotution of India -                            25 Marks - Fundamental Rights (damn imp.)
         2                 Interpretation of Statutes                         10 Marks
         3                 An Overview of Law relating to
                               Specific Relief, Arbitration etc......        15-20 Marks (also imp. chapter)
         4                 Law Relating to Trf. of Property              15-20 Marks
                              (Trf. of Ppty. Act - TOPA)
        5                 Law Relating to Stamps

All the above five chapters carries maximum weightage - so you should learn it thoroughly - collectively all these chapters are coming approx. for 50 marks

II)  CODE OF CIVIL PROCEDURE           
      CODE OF CRIMINAL PROCEDURE
         Both can be collectively come for 15 Marks

III) Law Relating to Registration of Documents - 8-10 marks

IV) Information Technology Law (IT LAW) - 5 - 6 marks
       Law relating to Right to Information -

The abovementioned sequence are regarding Weightage, the importance of the Chapters - you can study according to the weightage and utilise your time so that maximum time is denoted to the useful chapters.

Certain advises -
1- Dont put stress upon yourself with regards to studies -
2- Study with fresh mind and with devoting full of your heart
3- Enjoy your studies - Its very important - the subject which you are studying you like it - else its just a pressure on your head and mind and on your mental balance also
4- Maintain your diet - Eat properly on time and take 8 hrs. sleep max. at night.

More will be coming - keep moving and keep going unless and untill you are above your expectations.

Some of the Imp. Case laws which you should learn Chapter ! - Constitution of India

Imprtant Case Laws to be remember -

1)Kesavananda Bharati V. State of Kerala AIR 1973 SC 1461
      It is regarding Constitution of India is basically federal but with certain unitary features

2) Zee Telefilms Ltd. v. Union of India (2005) 4 SCC 649 - this CASE LAW is regarding Definition of State

3) its regarding Protection of Life and Personal Liberty
       A. K. Gopalan V state of Madras
       Maneka Gandhi vs. Union of India, AIR 1978 SC 597 - PERSONAL LIBERTY 

GCL Revision

lease be a part of our gist of all subjects -
Lets start with GCL -
Try to recollect what you have studied

ANALYSIS OF SUBJECTS  -
DEFINITION FOR CONSTITUTION OF INDIA - 1ST CHAPTER

The Constitution of India came into force on January 26, 1950. It is a comprehensive document containing 395 Articles (divided into 22 Parts) and 12 Schedules.

The preamble declares India to be a Sovereign, Socialist, Secular, Democratic, Republic and secure to all its citizens Justice, Liberty, Equality and Fraternity.

The expression "DEMOCRATIC REPUBLIC" signifies that our government is of the people, by the people and for the people.

More to come please be a part of the Revision programme

This much is enough for Definition for CONSTITUTION OF INDIA.

Regards,
Admin - WIRC

Wednesday, March 2, 2011

C.S. EXAMINATION, 2ND TO 9TH JUNE, 2011 - Change in timing

Candidates appearing in cs examinations scheduled from 2nd to  9th june, 2011 may note the change in timings for morning session of examinations, which will be held from 9.00 a.m. to 12.00 noon (instead of 9.30 a.m. to 12.30 p.m.) and after-noon session of examinations, as before, will be held from 1.30 p.m. to 4.30 p.m., as per examination time-table & programme hosted on institute’s website: http://www.icsi.edu/ and published in students’ bulletins.

CS DECEMBER 2010 TOPPERS

HEARTIEST CONGRATULATIONS TO ALL

CS DECEMBER 2010 TOPPERS

HEARTIEST CONGRATULATIONS TO ALL



Tuesday, March 1, 2011

De novo Registration (De Novo (Latin word) from the Beginning

Registration Validity Period, Revalidation

The validity period of registration can be assumed to have expired on account of a number of reasons:
  1. The maximum number of attempts allowed getting exhausted and the student being required to re-register for continuing the course.
  2. The registration itself getting expired where there is a validity period specifically mentioned for registration.
  3. The validity period of the CC (Coaching completion certificate) getting expired and the student being required to re-register to revalidate the CC.

Maximum Number of Attempts

There is no specific mention regarding the maximum number of attempts

Expiry of Registration

The registration for the Executive Programme is valid for a period of 5 years from the month in which his/her application, complete in all respects, is accepted for registration.
The candidate has to get his/her registration renewed by a process called Registration Denovo within 2 years of such expiry by paying the prescribed fee in general or beyond 2 years and within 5 years of expiry by paying additional fee. The candidate after registering denovo would be in the same position as if his/her registration has not been cancelled.

Expiry of CC

There is no specific mention regarding the expiry of the CC

Failing to get through within the Validity Period

A student whose registration has expired might have completed the coaching process and also might have cleared one module and/or might have got exemptions in one or more papers of one/both modules.
Since registration denovo would place the student in a position as if his/her registration has not been cancelled, it amounts to the student retaining all the exemptions obtained till then.
Any module that the student has cleared would be treated as such and any exemptions gained would stay

Renewing/Revalidating/Denovo Registration

The students registration for the Executive Programme is valid for a period of five years. On the expiry of the five year period, it automatically gets cancelled. Renewing the registration where it has expired is done through a process called "de novo registration".
de novo [Latin] » From the beginning

Within two years after expiry of registration

Time Limit

A student whose registration is canceled on the expiry of the 5 year period has to apply for denovo registration within a period of 2 years from such cancellation.

Fees

The fee at present is Rs. 1,500.
Any arrears of the postal tuition fee during the original registration period should also be paid along with this.

After two years but within five years after expiry of registration

Time Limit

A student whose registration is canceled on the expiry of the 5 year period can also apply for de-novo registration after 2 years but before 5 year from such cancellation of registration.

Fees

The fee at present includes:
  1. Registration fee — Rs. 1100
  2. Exemption fee for
    1. Foundation Programme Level — Rs. 500
    2. Executive Programme Level — Rs. 500 This fee is to be paid if the student has cleared this level by the time of denovo registration.
  3. Paper Wise Exemption fee — Rs. 100 per paper This fee is to be paid if the student has cleared some of the papers within this level by the time of denovo registration.
    The amount of fee payable is dependent on the number of papers already cleared.
Any arrears of the postal tuition fee during the original registration period should also be paid along with this.

Exemptions earned in earlier examinations

The paperwise exemption fee is for those papers in which the student has already passed or has claimed exemption on account of getting high marks in earlier examinations or has claimed exemption on account of having other academic qualifications and which the student wishes to carry through the renewed registration period also.

After five years after expiry of registration

A student whose registration is canceled on the expiry of the 5 year period cannot make an application for denovo registration after the expiry of 5 years from such cancellation.
The student has to apply for registration afresh. The benefit of any coaching he has undergone and the subjects he has already passed would be foregone and for all practical purposes he is a student afresh.

Application for Denovo/Re-Registration

The student has to apply in the prescribed form available with the institutes office.
It can be downloaded in PDF Format or Word Document Format from the institutes web site.

Study Material

A student registering denovo shall not be supplied with the study material afresh. Study Material can, however, be had on payment of Rs.160/- per subject. "Student Company Secretary" will be sent free of cost during the validity period of de novo registration, from the month subsequent to the month in which the student was registered de novo.

Validity Period of Denovo Registration

The Registration De-Novo will be valid for a period of five years from the month in which the student has been registered De-Novo.