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37Th Annual Report 2017-18 37TH ANNUAL REPORT 2017-18 HYDERABAD CHAPTER Staturory body under an Act of parliament 6-3-609/5, Anandnagar Colony, Khairatabad, Hyderabad - 500 004, India Tel : 040-2339 9541, 2339 6494, 2332 5458 E-mail : [email protected] website : www.icsi.edu/hyderabad Joint seminar IT &ITeS Legal & Compliance Conclave with Software Technology Parks of India (STPI)- Presenting Shahid ki Beti Certificate to Shri Etela Rajender, Finance Minister, Telangana State, The Chief Guest in the presence of Shri C V D Ramprasad, Director, STPI One day seminar on Decipher the Obscure Areas of Insolvency & Bankruptcy Code, 2016 & NCLT On 20th May, 2017- Shri B. Vinod Kumar, Member of Parliament, Shri. Ravikumar Duraisamy, Hon’ble Member (Technical), NCLT, CS U K Chaudhary, Past President, The ICSI and other dignitaries on 22nd July, 2017 - Teachers’ Congruence on Empowering Teachers 2.6.2017 : Workshop on Corporate Resolution Process in association to prepare Professionals of tomorrow at PGRR Auditorium, Osmania with ICAI (CMA) - CS (Dr.) Navarang Saini Whole Time Member, University. Prof. S. Ramachandram, Vice- Chancellor, Osmania Registration and Monitoring Wing, Insolvency and Bankruptcy Board University graced as Chief Guest with other dignitaries of India (IBBI) graced as Special Guest. ANNUAL REPORT 2016-2017 Hyderabad Chapter ANNUAL REPORT 2017-2018 Hyderabad Chapter ANNUAL REPORT 1st April 2017 to 31st March 2018 6-3-609/5, Anandnagar Colony, Khairatabad, Hyderabad -500 004 Tel : 040-2339 9541, 2339 6494, 2332 5458 E-mail : [email protected] : CS Connect; Website: www.icsi.edu/hyderabad 1 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” 1 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 2 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter TABLE OF CONTENTS 1. Chairperson’s Message 5 2. Managing Committee 7 3. Details of Sub-Committees, Auditors and Bankers 8 4. Details of Team ICSI – Hyderabad Chapter 11 5. Notice of 37th Annual General Meeting 12 6. Report of the Managing Committee for the year 2017-18 13 7. List of Programmes organized by the ICSI-Hyderabad Chapter 25 8. List of Career Awareness Programmes organized for the year 2017-18 36 9. Independent Auditors’ Report 43 10. Balance Sheet as at 31st March, 2018 45 11. Income & Expenditure Account for the year ended 31st March, 2018 47 12. Reserves & Surplus 48-49 13. Notes 2-19 50-59 14. Grouping sheet for Balance sheet items as on 31.03.2018 60-71 15. Accounting Policies and Notes to accounts 72 3 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 4 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter Chairperson’s Message Dear Professional Members, No matter what the environment around you, it is always possible to maintain your brand of integrity -Abdul Kalam I am pleased to share my thoughts with each of you, in this, the Golden Jubilee year of the founding of our institute. What Abdul Kalam said about “Brand of Integrity” has piqued me and forced me to relook at what it means to each of us in the professional world. Using this plank, how can we build our CS members as bulwarks of integrity of the Corporate World? This is a key area I am focusing and on and trust that it will enable all of us to benefit from it in the coming years. The hope is that the businesses whom we support will cherish and benefit from this effort ensuring our success. As I move forward towards this focus area with dedication, I sincerely thank the Managing Committee and members for their unstinting support. I take immense pleasure in thanking each one of them for reposing their confidence in me. Towards making our Hyderabad chapter achieve significant milestones, several professional programs, and programs on personality development for both for members and students are being organized. The aspiration is to create value for all the stake holders, in as many ways as possible by ensuring that all of us are abreast with the latest and the best in our areas of expertise. For being successful in life, we need to put in lot of effort. Today’s corporate world is full of challenges for professionals and in particular for us the, company secretaries. Gone are the days of simply taking care of mere compliance’s. The role of company secretaries in now a critical part of strategic management with a 360 degree perspective of business and industry. More so with the advent of the information technology. Continuous learning and making due efforts to enhance knowledge is one of the key roles of the company secretaries as corporate advisor/strategists. Various new opportunities in different fields are opening up for company secretaries in practice as well as in service. It has become mandatory for us to acquaint ourselves with the challenges thrust on our profession as a result of globalization of corporate activities. For the overall development of the members and the students, conducted 34 programs in these 5 months programs and we are conducting various programs in company law, Foreign Exchange management, Agreements and Joint Ventures, Insolvency and Bankruptcy code and also on other areas like Leadership Abilities, Communication Skills and Technological Skills. The advantage for the students is, they can become brand ambassadors in future. 5 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter The Professional Development programs are in areas like “In bound and out bound investments under FEMA”, “Court Etiquette & Preparation of Documents” etc. The chapter has even scaled up to conduct Joint program with all the three professional bodies CS, CA and CMA – ‘UNNATI the Women professionals”, which is a first of its kind in the History of the Hyderabad Chapter. Once the Companies Amendment Act, 2017, has hit the corporate world, chapter has immediately organized a 16 hour long program. Similarly, a marathon program for Insolvency Professional Examination is also planned in the near future. Apart from this, the chapter is gearing up to conduct knowledge orientation programs in different organizations to cater to their needs every now and then in the form of corporate orientation programs. Life’s not about the people who are visible in the front, on the stage! It’s about all those who remain behind the curtains, without whom thingsjust don’t happen! I sincerely thank my colleagues of the Managing Committee CS Venkata Ramana Rajavolu, CS Mahadev Thirunagari,CS Issac Raj P.G., CS Ravi Mandavali, , CS Rahul Jain & CS KPC Rao. My Special thanks to Our Vice President CS Ahalada Rao V and Southern Regional Council Chairman CS Rama Krishna Gupta and CS PS Sastry, Member SIRC and Shri M R Bhatt,(RD-SER) the then ex-officio member and Shri(RD_SER), and Shri Srinivas, GST Commissioner, Medchal. I also thank our beloved CS Makarand lele, President and all the council members, CS Dinesh Kumar Arora, Secretary of ICSI, Ms. Sara and Team of ICSI for their unstinted support to the Hyderabad Chapter. I express my heartfelt thanks to the Staff of ICSI Hyderabad Chapter for their sincere efforts to make the ICSI flag fly high. I also express my sincere thanks to all the members who support and involve directly or indirectly as members of sub-committees, sponsors, volunteers, participants for the chapter activities. I expect more involvement of members in the chapter activities. Thanking you Yours truly CS Kavitha Rani Sakhamuri Chairperson, ICSI Hyderabad Chapter. I alone cannot change the world, but I can cast a stone across the waters to create many ripples. ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 6 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter MANAGING COMMITTEE CS Kavitha Rani Sakhamuri Chairperson CS Rahul Jain Vice-Chairman CS K. P. C. Rao Secretary &Treasurer CS R Venkata Ramana Immediate Past Chairman CS Mahadev Tirunagari Member CS Issac Raj P.G. Member CS Ravi Kumar Mandavilli Member CS Ahalada Rao V Vice President, The ICSI & Ex-officio Member CS R Ramakrishna Gupta Chairman, ICSI-SIRC & Ex-Officio Member CS P.S. Shastry Member, ICSI-SIRC & Ex-Officio Member Shri M P Shah Regional Director (SER), MCA & Co-opted Member Shri M Srinivas Commissioner, GST, Medchal Commissionerate, Hyd Shri V Srinivas Office in-charge Shri V S Sarma Executive Officer (Till 21st May, 2018) 7 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter Details of Sub-Committees of the ICSI–Hyderabad Chapter for the year 2018 Sl. Name of the Name of the Chairperson Members of the Sub Committee No. Sub-Committee CS Kavitha Rani S CS Rahul Jain CS KPC Rao CS R Venkata Ramana 1. Building Committee CS Ahalada Rao V CS Mahadev Tirunagari CS Issac Raj P.G CS Ravi Kumar Mandavilli CS Ramakrishna Gupta CS P S Shastry CS Rahul Jain CS KPC Rao Finance & Accounts 2. CS Kavitha Rani S CS Ahalada Rao Committee CS Ramakrishn Gupta CS P S Shastry CS Ravi Kumar Uppala Public Relations 3. CS Kavitha Rani S Committee CS Shanker V CS KPC Rao CS Apser Hussain P Class Room CS Siva Satyanarayana Reddy M 4. Teaching & Student CS KPC Rao CS Venkata M Facilities Committee Gopal Divvela CS Kavitha Rani S CS Chakravarthy J Kalyana CS S Mahipal Reddy 5.
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