‘karmanyeva-adhikaraste ma phalesu kadachana’,
Be active, never be inactive, and don’t react to the outcome of the work. Bhagwan Shri Krishna – The Bhagavad Gita
It has been more than three months since we have been facing the second wave of the pandemic, the scale and the deep impact of the second wave on economy, industry and livelihoods has been severe. The development of a vaccine was the silver lining in this problem and the vaccination of the entire world is the solution to this grave problem. The vaccination doesn’t absolve us from following Covid 19 instructions and protocols to stay safe, hence now it’s expected from us to maintain alertness by conducting ourselves in a manner befitting the needs of the present situation. With this humble submission I present to you, the June issue of ICSI EIRC Newsletter which I believe will help you in your pursuit of updating your knowledge resources and be your companion as you now step out to a new world after the easing of restrictions.
We started off this month with the observance of World Environment Day on June 05th, the day is commemorated to raise awareness about the environment and and to commit ourselves to protect the environment at all costs. At EIRC we asked all members, students, staff members to plant saplings at their homes or nearby parks and to click a photo doing the same and all photos were put up as a collage in the EIRC homepage. It was heartwarming to see all everyone joining in for the noble initiative.
At EIRC we are committed to grooming our students to be future ready professionals and we organised training programmes for the students like 04th and 05th Batch One Day Orientation Programme (ODOP) in virtual mode. The 04th Batch One Day Orientation Programme (ODOP) had an attendance of 382 participants which is a record in itself. We also have started our Class Room Teaching for CSEET July 2021 Exams and Executive Programme December 2021 exams. It also gives me great pleasure to state that the Bhubaneshwar Chapter of the EIRC of ICSI had signed a MOU with Odisha State Open University for Academic Collaboration, the MOU signing ceremony was attended by CS Nagendra D Rao, President, ICSI.
The ICSI is empathetic to the needs of the students and recognizing that, the ICSI had decided upon various relaxations, the postponement of June 2021 Examinations being one of them, with the situations easing and the number of cases reducing, it was deemed fit that the Examinations may be conducted in August 2021. I also feel glad to share that from this month onwards the ICSI has decided that Graduates/Post Graduates can directly seek admission onto CS Executive Programme without appearing for the CSEET.
As you may be aware pursuant to resignation of one of the member of the 13th Council of the Institute of Company Secretaries of India elected from the EIRC, one seat has became vacant. Accordingly, election process for filling such casual vacancy has been initiated and election is scheduled to be held on 24th September 2O21 at all places except Kolkata. The election at Kolkata is scheduled on two consecutive days, i.e., on 24th and 25th September 2021. The official Gazette Notification about filling of the casual vacancy is published in the Newsletter.
There were a lot of regulatory changes in the Company Law, Securities Laws during the month of May-June 2021 and I have tried to enlist some important changes which are as follows:
As you are all aware that the CS Benevolent Fund (CSBF) has been set up for members requiring financial support in times of distress. Now medical reimbursement limits under CSBF for those affected by Covid-19 have been enhanced w.e.f. 1st May, 2021. Members and / or their declared dependents who have tested COVID positive and have incurred expenses related to treatment for COVID in hospital (private/government/ military) or under home quarantine/isolation shall be eligible for reimbursement (the slabs and other details are available on www.icsi.edu)
Lastly, I would request all our professional friends to abide by the norms and restrictions as informed by the Government, please get vaccinated at the earliest without any further delay, make people aware about vaccines and stop mis-information on vaccines and curb vaccine hesitancy, maintain social distancing norms intact on your part and request others in your vicinity to do the same in bolstering our fight against this ominously omnivorous pandemic. Stay Safe and Take Care.
With warm Regards,
CS Sudhir Kumar Banthiya,
Chairman, EIRC of ICSI
E-Mail – email@example.com
Kolkata, 30th June 2021