ANNUAL MEMBERSHIP SCHEME (AMS) 2021 of EIRC of ICSI   I Pay Online I    Registration Form |  



FROM THE DESK OF CHAIRMAN

                 

                                                     "Coming together is a beginning. Keeping together is progress. Working together is success."

                                                                                                                                                                 Henry Ford – Entrepreneur & Visionary

Dear Professional Colleagues,

At foremost I would like all of you to spare a moment to render tribute to the illustrious CS H M Choraria, Past President & Past Chairman who left us for his heavenly abode on 26th April 2021. He was one of the illustrious past Presidents of the Institute and had brought glory to our profession, through his dedicated work. He was a person of vision with commitment for professional excellence.

I would like to thank all for your unwavering support & feedback on the previous ICSI-EIRC newsletter and I am really glad to present this issue of newsletter which brings the latest news, relevant articles and highlights of the activities of ICSI-EIRC.  This month, the issue is based on the theme of Intellectual Property Rights – an area which we need to harness to improve the business culture in India. I hope that the readers find this issue enlightening.

The entire nation is under the grip of a pandemic COVID-19 and the second outbreak that we are facing now has been an unforeseen event in the history of mankind and certain parts of our nation is witnessing a curfew or lock down and barring essential services nothing is operational now. In this occasion I rise to express my heartfelt gratitude to the entire medical fraternity, caregivers, frontline workers who are undergoing great ordeal for the benefit of this nation, kudos to them for their unrelenting efforts due to which lives are being saved and patients are getting cured.

REGULATORY CHANGES

There was a lot of regulatory changes during the month of April 2021 and I have tried to enlist some important changes which is as follows:

  • ●  The Companies (Accounts) Second Amendment Rules, 2021
  • ●  The Companies (Audit and Auditors) Second Amendment Rules, 2021
  • ●  MCA clarification on spending of CSR funds for setting up temporary COVID Care facilities and makeshift hospitals.
  • ●  SEBI - Circular on Relaxation from compliance with certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 / other applicable circulars due to the CoVID-19 pandemic.
  • ●  Guidelines for votes cast by Mutual Funds
  • ●  SEBI (Portfolio Managers) (Amendment) Regulations, 2021
  • ●  SEBI (Underwriters) (Repeal) Regulations, 2021

PROGRAMME AND ACTIVITIES OF EIRC

The Eastern India Regional Council of the Institute of Company Secretaries of India (EIRC of ICSI) organised a workshop on CSR – Provisions and Disclosures under Companies Act, 2013 on 10th April 2021. The Ministry of Corporate Affairs (MCA) on 22nd January, 2021 notified the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, the said amendments have introduced significant changes in carrying out the CSR activities by India Inc., with a view to guide the members the workshop was conducted.

I take this column as an opportunity to convey my heartfelt thanks to the President and the Vice-President, ICSI for issuing FAQ on Corporate Social Responsibility. These FAQ will lend a helping hand to the members for better understanding of the changing concept of CSR and its practical implications.

With a view to cater the demand of students’ compulsory completion of One Day Orientation Programme (ODOP) before they appear Executive Programme, we have organised four ODOP in the month of April. We also concluded the Online Batch of MSOP (04th Online Batch of EIRC) on 04th April 2021 and 01st Classroom Batch of 15 days EDP under the new training structure on 06th April 2021. We get good response of participants for all the training programmes.

We also organised online Career Awareness Programmes during April for informing students about the Company Secretary Course and Profession for the students of DAV Model School, IIT Kharagpur, St Xavier’s School, Raghabpur and Garden High School, Kolkata.

Annual Membership Scheme (AMS) of EIRC

Annual Membership Scheme of EIRC is known for providing quality programs for Professional Development of Members. The Annual Membership Scheme serves as a catalyst and encourages EIRC to hold good number of programmes. This year we will try to hold excellent quality programmes for the overall development of our members. As you are aware that CPE hours both structured and unstructured are compulsory for all members, I take this opportunity to request all the members to enrol for the Annual Membership Scheme of EIRC so that by attending the programmes you can fulfil the criteria of completing CPE hours. The detailed scheme along with the brochure is published in the newsletter for your knowledge.

Company Secretaries Benevolent Fund (CSBF)

The CS Benevolent Fund which has been set up for members requiring financial support in times of distress. This fund is collective effort of help to those members. I appeal all of you to be part of this initiative and join the hand for helping our members.

You may be aware that the pandemic is still endangering the humanity. Vaccine has come out in our country. EIRC has taken a noble initiative to bring this vaccine to its members. EIRC has tied up with hospitals at Kolkata to provide vaccination to the members and their family.

I would like to extend my sincere gratitude to my entire EIRC Team for their continuous support. I believe that the EIRC of ICSI will definitely meet the expectation of their members and students.

At last, I would like to express my best wishes to all the students appearing for Company Secretary Executive Entrance Test (CSEET), May session scheduled to be held on 08th May, 2021 through remote proctored mode. The admission for July CSEET exams has started from 16th April to 15th June and please encourage your known students to register for CSEET. I sincerely solicit opinion and suggestions from all of you for further betterment the newsletter. I urge all to stay safe and follow Covid 19 protocols as directed by the Government. Together we will break the chain and overcome this pandemic.

Please feel free to share your views and suggestions for the betterment of the Newsletter to me. My coordinates are given below:

With Warm Regards,

 

CS Sudhir Kumar Banthiya

Chairman, EIRC of ICSI

E-Mail: sudhirbanthiya@rediffmail.com

Kolkata, The 30th April, 2021