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

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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

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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.

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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.

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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)

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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. Library Committee CS KPC Rao CS Beena Nayar CS Kavitha Rani S CS.Puttaparthi Jagannatham CS.A Satyanarayana CS.Karthik Allenkela 6. Newsletter Committee CS Issac Raj P.G CS.Chandrashekar Patnayak CS.Mahadev Tirunagari CS Kavitha Rani S CS KPC Rao

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Sl. Name of the Name of the Chairperson Members of the Sub Committee No. Sub-Committee CS Satyanarayana Nekkanti CS B.Surendera CS Navjyoth Puttaparthi Practising Company 7. CS Issac Raj P.G CS U V Kini Secretaries Committee CS Ravi Kumar Mandavalli CS Kavitha Rani S CS KPC Rao CS Vikas Sirohia CS Manoj Koyalkar Professional Devel- 8. CS R Venkata Ramana CS Bhavani opment Committee CS Kavitha Rani S CS KPC Rao CS Sujath Bin Ali CS Radhakrishna S 9. Research Committee CS R Venkata Ramana CS Kavitha Rani S CS KPC Rao Information Technol- CS Kavitha Rani S 10. CS Rahul Jain ogy Committee CS KPC Rao Training & Placement CS Kavitha Rani S 11. CS Rahul Jain Committee CS KPC Rao CS Sujath Bin Ali CS Sridevi CS Venka Reddy Career Awareness 12. CS Mahadev Tirunagari CS Rajesh Jain Committee CS Nihita Naga Jayanthi CS Kavitha Rani CS KPC Rao CS Sujath Bin Ali CS Sridevi CS Venka Reddy Investor Clinic Com- 13. CS Mahadev Tirunagari CS Rajesh Jain mittee CS Nihita Naga Jayanthi CS Kavitha Rani S CS KPC Rao

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Sl. Name of the Name of the Chairperson Members of the Sub Committee No. Sub-Committee CS Sujath Bin Ali CS Vasudeva Rao Devaki Inter-Institutional 14 CS Ravi Kumar Mandavilli CS Tasneem Shareef Committee CS Kavitha Rani S CS KPC Rao

STATUTORY AUDITORS INTERNAL AUDITORS M/s. Manohar Chowdhry & Associates M/s. VSPN & Co. Chartered Accountants Chartered Accountants #204A, Concourse Complex, Opp. Lal Bunglow Flat No.4, Rukmini Apartments, 7-1-58, Green Lands Road, Ameerpet Yousufguda Check Post Hyderabad – 500 016 Hyderabad – 500 045

BANKERS State Bank of India ICICI Bank

CHAPTER OFFICE 6-3-609/5, Anandnagar Khairatabad Hyderabad – 500 004 Phones: 040-23399541 / 23396494 / 23325458 Mobile App: CS Connect; Email: [email protected] Website: www.icsi.edu/hyderabad

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DETAILS OF THE STAFF OF THE ICSI – HYDERABAD CHAPTER

Sl. Name of the Official Designation Details of Duties No. Coordinating all Chapter activities 1. Mr. V.S. Sarma Executive Officer as an Executive Officer (upto 24.5.2018) Works related to Professional Development Programmes, Pre- paring Seminar Brochures, website Office Incharge 2. Mr. V. Srinivas updation, IT related matters, send- (w.e.f. 25.5..2018) ing email to members and General Correspondence etc. Coordinating Accounts and Finance works. Works related to student Activities, Career Awareness Programmes, 3. Mr. V. P.C. Sharma Executive [Admin] Investor Awareness Programmes; Examinations and General Administrative works etc., Works related to Training Programmes, Placement Activities, Preparing Seminar Brochures, 4. Mr. V.S. Raju Sr. Executive Asst. Updating Members List and sending emails, updating Child Portal etc., Works related to Accounts and 5. Mr. M. B Praveen Kumar Jr. Executive Assistant finalization of Annual Accounts etc., Sale of Publications & Collection of Membership fee, CSBF, 6. Mr. D. Ramprasad Executive Assistant Mainte-nance of Library etc., (upto 24.5.2018) Assisting in all programs like oral 7. Mr. S. Sanjeeva Rayudu Jr. Executive Assistant coaching activities administration works etc.,

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Notice for 37th Annual General Meeting

To The Members The ICSI – Hyderabad Chapter

NOTICE is hereby given that the 37th Annual General Meeting of The ICSI – Hyderabad Chapter will be held on Thursday, the 21st June 2018 at 9:15 am at the Chapter premises situated at 6-3-609/5, Anand- nagar, Khairatabad, Hyderabad – 500 004 to transact the following business:

1. To receive, consider, approve and adopt the Income & Expenditure Statement for the year ended 31st March, 2018 and the Balance Sheet as on that date together with the Report of the Managing Committee and the Auditors’ Report thereon. 2. To consider any other item with the permission of the Chair.

Members are requested to make it convenient to attend the meeting.

For and behalf of the Managing Committee THE ICSI – Hyderabad Chapter

Place: Hyderabad CS K P C Rao Date: 29th May, 2018 Secretary & Treasurer

Note: Members are requested to send their queries, if any, to the Chapter or seek any clarifications or information, in writing or by e-mail on the matters pertaining to Annual Accounts latest by 19th June, 2018.

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REPORT OF THE MANAGING COMMITTEE FOR THE YEAR 2017-2018 The Managing Committee (2015-18) of The Institute of Company Secretaries of India – Hyderabad Chapter has pleasure in presenting the 37th Annual Report and the Audited Accounts of the Chapter for the financial year ended 31st March, 2018 together with Auditors’ Report thereon. During the year under review (the financial year 2017-2018), the Chapter generated a surplus of Rs.29,39,045/- the amount as against Rs. 32,52,101/- for the year 2016-17 after meeting the cost of maintenance of the Chapter, which, in our opinion, was possible only with the support from all concerned Members of the Hyderabad Chapter, APS and APS+ members, the Leadership, Team of the Chapter, Sponsors, the staff and all other patrons who have been associated with the Hyderabad Chapter. During the year the chapter has also additionally generated Rs.4,00,000/- surplus from CSBF cultural nite and donated the same to the CSBF. We take this opportunity to once again thank all the members for their continued and consistent support. The important achievements and activities of the Chapter are reported hereunder: IMPORTANT PROGRAMMES/ACTIVITIES DURING THE YEAR 2017-18; The ICSI Hyderabad Chapter has always been ahead in taking innovative initiatives to excel in providing its services to students, members and corporate and stands as a role model to inspire all other chapters in the country to think and do things differently. Our Chapter is the First Chapter in entire India to have a dedicated mobile app named ‘CS Connect’ which promises perpetual usage for the members, students and Institute.

The major initiatives taken by ICSI Hyderabad chapter during 2017-18 tenure:

For the Benefit of Students and Members v Launched ‘CS Connect’ mobile application which is functional in Android and IOS operating systems v Teachers Congruence jointly with Department of Management, Department of Commerce and Department of Law of Osmania University for the Faculties of Universities at Telangana State. v Interactive meeting on Striking off of Companies and Disqualification of Directors v Arrangement with Ni-msme for organizing continuous training programs and workshops on GST and IPR v GST Point v GST awareness campaigns v Conducted record number of around 90 programs for professional development, brand building etc. v Organized PCS Drive month - December 2017- January 2018

For the benefit of Members v Introduced new area of practice for PCS viz ‘Bank Concurrent Audit’ and launched video on creating awareness on concept of Bank Concurrent Audit, Road map for obtaining recognition with the complete curriculum for Training Programme on Concurrent Audit. v Introduced ‘Free Health Risk Assessment Program’ on every Friday and Saturday in association with Care Hospitals for a period of 6 months for the family members of students and members covering six free Medical diagnostic services worth around Rs. 4,000. More than 600 people have benefitted outof the same. v Held CSBF Benefit Show at Imax Theatre (showcasing ‘Bahubali’ Movie) and contributed Rs.30,000 for CSBF Including the amounts allocated by Chapter 13 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter v Organized CSBF Cultural Night and donated Rs.4,00,000 towards CSBF Corpus during CSBF Drive month. v Launched special video for propagation of CSBF registration. v In-house training programs at corporate hubs- facilitating Professional Development Program at corporate hub situated far away from the city limits. v Conducted training programs for preparation of Limited Insolvency Examination for eligible members v Conducted GST awareness program in the gracious presence of Hon’ble Union Minister Shri. Muqtar Abbas Naqvi v Hosted 11th Regional PCS Conference with a record of highest number of participation (311 participants) and huge surplus. v Made four representations with Telanagana Government for the recognition of Company Secretaries in Labour Law, Panchayat Raj and other areas v Published special edition of News Letter on the occasion of Foundation Day with the history of ICSI Hyderabad Chapter v Organized PCS Drive month - December 2017- January 2018 v Initiated discussions with Government of Telangana on a proposal to enter into MOU for organizing joint workshops, seminars, continuing education and training programs for professionals and corporate executives, to undertake research on emerging state laws, policies and schemes relating to commerce and Industry, promoting the start ups Business, Entrepreneurship, Governance, compliance management, improving standards, Growth & Sustainable development, Capacity Building programs in the state of Telangana. For Students v Conducted mock examinations for students before the examinations v Held full day special coaching classes after completion of Oral Coaching for all students by renowned faculties v Organized All India Quiz Competition for CS Students v Taken steps to constitute Student Facilities Committee at chapter v Special program on occasion of ‘Maha Shiva Ratri’ by organizing ‘Group Discussion’, ‘General Awareness’ and Mock NCLT Cases for students as Capacity Building Program v Conducted Academic Development and Professional Development Programs on IPR, Corporate Laws, Tax laws etc. v Conducted 110 career awareness programs Brand Building and Other Activities v Distribution of Saplings for promotion of plantation on World Environment DayAt Jawaharlal Nehru Institute of Banking and Finance (JNIBF)-IDBI Bank Campus Gachibowli, Andhra Bank Apex College, Gachibowli and on ‘Udai Diwas’ distributed fruits for patients at Hospitals and Old Age Homes v Supported GST Launching program on 1st July, 2017 with release of ballons and plantations of Chief at GST Bhawan v Organized various programs including Yoga Day, Women’s Day, World IPR Day, CS Day, PCS Day, Environment Day and Uday Diwas ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 14 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Intellectual Property Rights for Innovative Entrepreneurship On 26th April, 2017 chapter organized programme on Intellectual Property Rights for Innovative Entrepreneurship at NIMSME, Yusufguda in association with NIMSME where in Shri G Sampath Kumar, GM, SIDBI garced programme as Chief Guest and Shri. Oggu Prasad Rao, Assistant Controller of Patents ,Head -RMID Section (RO-PCT) , Indian Patent Office as Guest of Honour. Research Circle – Atelier Sessions Chapter organized series of Atelier sessions (Six) on various dates on various important practicing areas for Company Secretaries and also to provide insight into the research methodology for CS on various topics. One day seminar on Decipher the Obscure Areas of Insolvency & Bankruptcy Code, 2016 & NCLT On 20th May, 2017 Chapter organized One day seminar on Decipher the Obscure Areas of Insolvency & Bankruptcy Code, 2016 & NCLT at Hotel Manohar wherein Shri B. Vinod Kumar, Hon’ble MP as Chief Guest and Shri. Ravikumar Duraisamy, Hon’ble Member-Technical, NCLT as Special Guest other Speakers were CS U K Chaudhary, Senior Advocate, Supreme Court and Past President, the ICSI, CS A M Sridharan, Advocate, Chennai, Shri Y Suryanarayana, Advocate, Hyderabad & CS Henry Richard, Former Regional Director, MCA. Workshop on Corporate Resolution Process. On 2nd June, 2017 chapter organized Workshop on Corporate Resolution Process at Hotel NKM Grand, CS (Dr.) Navarang Saini, Whole Time Member, Registration and Monitoring Wing Insolvency and Bankruptcy Board of India(IBBI) graced the seminar as Special Guest. CS Ramakrishna Gupta R, (Vice-Chairman & Treasurer, ICSI –SIRC) Senior Partner, R & A Associates, Hyderabad & CA Devendra D Jain, Insolvency Professional were the speakers. PCS Day – Full day seminar on FOUR SQUARE AUDIT On 15th June 2017 Chapter organized Full day seminar on FOUR SQUARE AUDIT on the occasion of PCS day (PAN India programme) at Hotel Abode. Topic covered during the seminar 1) GST Audit & Practice 2) Introduciton of Concurrent Audit of Banks 3) Secretarial Audit and 4) Disclosures in financial Statements in light of Statutory Audit. Workshop on Goods & Service Tax – A New Era of One Nation One Tax On 8th July, 2017 chapter organized Workshop on Goods & Service Tax – A New Era of One Nation One Tax at Auditorium of Centre for Economic and Social Studies(CESS), Ameerpet. Dr. Manjula Hosmani IRS, Additional Commissioner, CGST graced the workshop as Chief Guest and CS P.K. Mittal, Advocate, PKMG Law Chambers, New Delhi & Gopi Donthireddy, Deputy Director, National Academy of Customs, Indirect Taxes and Narcotics (NACIN), MCRHRDI were the speakers. Joint programme with Department of Central Tax, Central Excise & Service Tax on GST Awareness On 9th July, 2017 ICSI Hyderabad chapter joined hands with Department of Central Tax, Central Excise & Service Tax in organizing GST Awareness Meeting at Ravidra Bharati, Hyderabad. Shri Mukhtar Abbas Naqvi,,Hon’ble Union Minister of State for Minority Affairs (I/c) & Parliamentary Affairs, Govt. Of India graced programme as Chief Guest. Teacher’s Congruence on Empowering Teachers To Prepare Professionals of Tomorrow On 22nd July, 2017 chapter organized Teacher’s Congruence on Empowering Teachers To Prepare Professionals of Tomorrow at PGRR Auditorium, Osmania University. Prof. S. Ramachandram ,Vice- Chancellor, Osmania University graced congruence as Chief Guest and CS M.K. Ramasubramanian, Tax Consultant, Hyderabad, CS D.V.M. Gopal, Company Secretary in Practice & CS R. Ramakrishna Gupta, 15 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Vice Chairman & Treasurer, The ICSI- SIRC were the speakers. Prof. Mohd. Akbar Ali Khan, Former Dean, Faculty of Commerce, Osmania University, presiding over the Valedictory Session as a President and Prof. K V S Sharma, Professor of Corporate Law, Former Registrar, NALSAR University graced session as Chief Guest. Brain Storming Sessions on ‘Insolvency & Bankruptcy Code, 2016’ for Insolvency Professional Agency (IPA) Examination From 01.08.2017 to 05.08.2017 and 08.01.2018 to 13.01.2018 The ICSI- Hyderabad Chapter has organised Brain Storming Sessions on ‘Insolvency & Bankruptcy Code, 2016’ for Insolvency Professional Agency (IPA) Examination. CS Ahalada Rao V, Council Member, ICSI shared his thoughts on the subject.CS V S Sridhar, Company Secretary in Practice, CS Raghu Babu Gunturu, Company Secretary in Practice, CS Rama Krishna Gupta R, Vice- Chairman & Treasurer, ICSI- SIRC, CS Siva Rama Prasad, Former AGM, SBI, Shri T V L Narasimha Rao, Advocate and CMA TSN Raja (IP) were the Speakers. 16th All India Elocution Competition on “Value Creation by Building Brand CS –Emerging Areas of Opportunities” on 04.08.2017 Chapter organized 16th All India Elocution Competition [Chapter Level] at Chapter premises. Shri A Srinivasa Rao, Faculty CS Namita, Faculty Member were the judges. Mr. KBBR Harish, bearing registration No. 350063230/02/2013 & Ms. H K Aishwarya Ungarala, bearing registration No. 340250231/02/2016 have won 16th All India Elocution Competition as Winner & Runner-up respectively for Chapter Level Half day Seminar on “Companies Amendment Bill, 2017 and Drafting of Pleadings, Appearance before NCLT & NCLAT-10.08.2017 @ Park Hotel on the eve of Foundation Day Commemorating the 43rd Foundation Day Celebrations Chapter organised Half day Seminar on “Companies Amendment Bill, 2017 and Drafting of Pleadings, Appearance before NCLT & NCLAT-10.08.2017 @ Park Hotel.. CS S. Chidambaram, Company Secretary in Practice was the 1st speaker and he addressed on “Companies Amendment Bill, 2017”. Shri R Raghunandan Rao Sr. Advocate was the 2nd speaker and he spoke on “Pleadings and Appearance before NCLT & NCLAT –Court Crafts “. 43rd Foundation Day Celebrations -10.08.2017 @ Park Hotel The Celebrations presided by CS R Venkata Ramana, Chairman ICSI Hyderabad chapter, CS Kavitha Rani S, Vice-Chairperson, CS Rahul Jain, Secretary, CS KPC Rao, Treasurer, CS Mahadev Tirunagari, Managing Committee member, CS Issac Raj P.G., Managing Committee member, CS Ravi Kumar Mandavilli, Managing Committee member, CS Ahalada Rao V, Council Member, CS Ramakrishna Gupta R, Vice Chairman & Treasurer, ICSI SIRC and Shri M Srinivas, IRS, [Co-opted Member, ICSI-Hyderabad Chapter], Commissioner, Goods & Service Tax (GST), Hyderabad The Programme was graced by Chief Guest Hon’ble Sri Justice A. Ramalingeswara Rao garu, High Court of Judicature at Hyderabad, for the State of Telangana and the State of Andhra Pradesh,Hyderabad and Special Guest Shri Shekhar Kammula, Indian Film Director, Screenwriter and Producer, Hyderabad. The Program was then followed with felicitation of Past Chairmen and Secretaries of ICSI Hyderabad Chapter and Past Presidents of the ICSI by presenting memories of their Chairmanshipby the Chief Guest for the services rendered to the Hyderabad Chapter and for the development of Profession. Discussion Meeting on Insolvency Professional -19.08.2017 @ Chapter Premises The ICSI-Hyderabad Chapter organised discussion Meeting of Insolvency Professionals on 19.08.2017 at Chapter Premises. CS Ahalada Rao V, Council Member, ICSI shared his thoughts on the subject. CS Mahadev Tirunagari, Managing Committee Member, Hyderabad Chapter and other Insolvency Professionals actively participated in the meeting.

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17th All India Company Law Quiz -22.08.2017@ Nimsme The ICSI- Hyderabad Chapter was hosting the 17th All India Company Law Quiz – National Level held on 22 August, 2017 at ni-msme, Yousufguda, Hyderabad. CS Datla Hanumanta Raju, Past President, The ICSI was the Chief Guest and he also presided over the entire session as Judge. CS R. Venkata Ramana, Chairman of the Chapter acted as a observer The Judges for the competition were CS Sudhir Kuamr Pola, Company Secretary and CS Suresh Bachalakura, Company Secretary. CS Rahul Jain, Secretary of the Chapter acted as convener for the Quiz Programme. Students of all four regional Council were participated in the National Level Competition. CS Datla Hanumanta Raju, declared the results and announced SIRC team (Mr. Austosh Panda, 140140966/07/2015 & Mr. Sooraj S Nair, 340171261/05/2015 ) as winning team. Inauguration of GST Point by ICSI President at Chapter Premises During the President presence at Hyderabad for inauguration of Centre of Excellence, Uppal by the hands of Shri Venkaiah Naidu, Hon’ble Vice President of India and Hon’ble Depty Chief Minister of Telangana state Shri Md. Mohamood Ali. CS (Dr.) Shyam Agrawal, the President, ICSI visited the Hyderabad Chapter and inaugurated the GST Point for the benefit of Members and interacted with the Students. Hyderabad chapter played significance role in coordination for organizing the entire programme. ICSI Golden Jubilee Year Celebrations The golden jubilee year celebration of Institute of Company Secretaries of India (ICSI) was celebrated by the Hyderabad Chapter with great enthusiasm on Wednesday, 4th day of October, 2017 at IICT Auditorium, Tarnaka. Shri Kadiyam Srihari, Hon’ble Deputy Chief Minister and Minister for Education, Telangana graced the occasion as Chief Guest. Shri N. Ramchander Rao, Hon’ble MLC, Graduates Constituency (Mahabubnagar-Ranga Reddy-Hyderabad), Shri M R Bhat, Regional Director(SER), Ministry of Corporate Affairs, Shri. Ravikumar Duraisamy, Hon’ble Member, NCLT, Hyderabad Bench were the special guest in the celebrations. All the participants were distributed, Past Chairmen were felicitated with memoirs/ angavathram and convocation and oath taking ceremony was well organised. The convocation certificates received from HQ distributed to all the members participated for the programme. From 6.00 PM onwards live webcast of address by Prime Minister, Shri. Narendra Modi was shown to the members assembled. Interactive Meeting with Regional Director and Registrar of Companies, MCA On 9th November, 2017 chapter organized Interactive meeting with Regional Director and Registrar of Companies, MCA at Vivekananda Auditorium, Ramakrishna Math IT & ITeS Legal & Compliance Conclave On 16th November, 2017 chapter organized IT & ITeS Legal & Compliance Conclave jointly with Software Technology Parks of India (STPI) at Ascendas IT Park, Madhapur, Hyderabad. Shri Etela Rajender, Finance Minister, Telangana State garced the Conclave as Chief Guest. Shri M Srinivas, IRS, GST Commissioner, Shri C V D Ramprasad, Director, STPI were Special Guests and Mr. Gopi Donthireddy, Dy. Director, NACEN, Mr. Shashank Raizada, Assistant Commissioner, EPFO, Ministry of Labour, GoI, CS Shujath Bin Ali, Sr.Director- Legal & Risk Management & CS, PAREXEL India, Mr. Sachin Dev, Director -Rsik Advisory Services, E Y, Mr. Abinav Srivastava, Director, Ernst & Young(EY), Ms. Nida Zia, Manager, Ernst & Young LLP, CS G Phani Kumar, Head Legal & CS, Agilent Technologies, CS Osman Akhtar, Director Legal, Compliance & CS, Real Page India, Mr. Abe Abraham, Principal Associate, Cyril Amarchand Mangaldas were Speakers. 05 days Residential Joint Certification Course on ICSI-Strategic Leadership program (SLP) from 05th to 09th December 2017. The Institute in collaboration with National Law University (NALSAR) , Hyderabad introduced the first ever 05 days residential joint certification course on ICSI-Strategic Leadership program (SLP) from 05th to 09th December 2017 under the banner and supervision of Hyderabad Chapter. 17 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Full Day Seminar on Structuring of SMEs/Start-ups & Strategies for Investments On 17th January, 2018 chapter organized Full Day Seminar on Structuring of SMEs/Start-ups & Strategies for Investments at ni-msme. Shri Shawket Hussain, Joint Director, Department of IT, Government of Telangana graced as Special Guest and Ms. C Rohini, Chief Administrative Officer, ni-msme, Ms. Nagavalli G. Partner, Cyril Amarchand Mangaldas, Bangalore, CA Nayan Saboo, Manager, Transaction Tax, Ernst & Young LLP, Hyderabad, Shri K. Chandra Sekhar Babu, Assistant Director, Commissionerate of Industries, Hyderabad, Shri Yerram Raju, Adviser, Telangana Industrial Health Clinic Ltd., Government of Telangana, CS P.S. Rao, Company Secretary in Practice, Hyderabad, Shri Kaushik Rajan, Partner, M/s. Tatva Legal, Hyderabad were speakers Analysis on Union Budget- 2018 Jointly with ICAI On 2nd February 2018, ICSI- Hyderabad Chapter has organized ‘Analysis on Union Budget- 2018’ jointly with Institute of Cost Accountants of India (ICAI)- Hyderabad Chapter at ICSI- Hyderabad Chapter premises. CA S. Suresh Babu and CMA B. Mallikarjuna Gupta were the speakers for the union Budget, 2018 and CS (Dr.) N. K. Kishore, Vice President, Meenakshi Group acted as a Moderator Annual Fellowship Meet 2018 On 3rd February, 2018 ICSI- Hyderabad Chapter has organized ‘Annual Fellowship Meet 2018’ at Hotel Amogham. CS Kavitha Rani Sakhamuri, Chairperson, 2018 introduced the Office Bearers of the Chapter elected for 2018 to the participants. CS R. Venkata Ramana, Immediate Past Chairman of the Chapter welcomed the members and apprised about the activities of the Chapter organized during his Chairmanship in 2017. CS V. Ahalada Rao, Vice-President, the ICSI, CS R. Ramakrishna Gupta, Chairman- SIRC and other office bearers of the Chapter also spoke on the occasion. CS Datla Hanumanta Raju, Past President, ICSI and some of the former Chairmen of the Hyderabad Chapter also spoke on the occasion and congratulated CS Kavitha Rani Sakhamuri, CS Rahul Jain, CS KPC Rao, the also CS V. Ahalada Rao & CS R. Ramakrishna Gupta for their election as Vice-President, the ICSI and Chairman- SIRC respectively. for their election as Chairperson, Vice Chairman and Secretary respectively for the year 2018 for the Hyderabad Chapter. Seminar on Court Etiquette & Preparation of Documents On 24th February, 2018 Chapter has organized Half day Seminar on ‘Court Etiquette & Preparation of Documents’ at Hotel Abode. CS Kavitha Rani Sakhamuri, Chairperson welcomed the gathering. Shri G. Srinivasa Rao, Advocate, High Court of AP & Telangana spoke on Court etiquettes & representations before NCLT & CS (Dr.) P. Bhaskara Mohan, Advocate, High Court of AP & Telangana in his address he emphasized on Back ground preparation of documents issue of notices filing the case – both sides respondent & petitioner. One day Seminar on “In bound and out bound investments under FEMA” - Opportunities for Company Secretaries On 3rd March, 2018 Chapter has organised one day Seminar on “In bound and out bound investments under FEMA” - Opportunities for Company Secretaries at NKM Grand. CS Kavitha Rani Sakhamuri, Chairperson of the Chapter and CS R. Ramakrishna Gupta, Chairman- ICSI- SIRC also spoke on the occasion. Speaker Smt. N. Sara Rajendra Kumar, General Manager , Foreign Exchange Department, RBI Hyderabad was the Chief Guest. CS A Sekar, Practising Company Secretary, Mumbai, Shri. Bubul Bordoloi- Manager, RBI, Hyderabad & Smt. Mangala Shenoy- Manager, RBI, Hyderabad were the speakers.

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 18 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Women’s Day Programme on “Unnati - Growth of Women in Profession” On 6th March, 2018 Chapter has organised Women’s Day Programme on “Unnati - Growth of Women in Profession” First time in the History of the Chapter all three instituting joined together and conducted jointly with ICAI & ICAI(CMA) at FTAPCCI. Smt. C. Suvarna, IFS, Address by Chief Guest Smt. C. Suvarna, IFS, Commissioner of Fisheries was the Chief Guest. Ms Mateen Ansari, Co-founder, DOBARA 2nd Innings , (Welbeing and Experiences Architects), Ms. Surya Meduri, Art of Living spoke on Women Health Care & Meditation. Dr. Purnima, Nagaraja , Psychiatrist, Dhrithi Psychiatric Care spoke on Work Life Balance and Planning. Ms. Uma Gurkha, President, Confederation of Women Entrepreneurs (COWE) spoke on Women Empowerment and Success in Entrepreneurship. CS Rashida Adenwala, Company Secretary in Practice in her address she emphasized on Improve Practice of ProfessionalsPanel Discussion on Financial Planning for Women. CA S Aparna, (Past Chairperson, ICAI-Hyderabad Branch), CA Raksha Gandi, Chartered Accountant, CA Santhisree, Chartered Accountant &Ms Rajeswari were the Panellists. Dr. Gayatridevi, Ayurvedic Consultant, Hyderabad was the special guest for valedictory session and address the participants. Co-option: The Managing Committee of the ICSI- Hyderabad Chapter has co-opted the following persons on the Committee: 1. Shri M P Shah ,Regional Director [SER], The Ministry of Corporate Affairs 2. Shri M Srinivas, Commissioner, Central Excise. Customs. Service Tax. Hyderabad. The Managing Committee also places on record its appreciation to the following major sponsors: v Aditya Civil Constructioons v Aurobindo Pharma Limited v B5 Corporation Private Limited v Choice Foundation v Continental Coffee v HIL Limited v Hetero Drugs Limited v I Quest Enterprises Pvt Ltd v Institute of Public Enterprises (IPE ) v Karur Vysya Bank v KLM Fashion Mall v Lastaki Advisors Pvt Ltd v Natco Pharma Limitd v Navayuga Engineering Company Ltd v NTrust Insurance Broking Services Private Limited

19 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter v P S Rao & Associtates v Quality Care India Ltd. v R & A Associates v Rainbow Childrens Hospital v Ravindranath Medical Foundation v Sembcorp Gayari Power Limited v Siddartha Innopack Industries Private Limited v SSP & Associates v Sri Chakra Cements v VST Industries Ltd. v Y Axis and all other sponsors, supporters including PCS Firms ACTIVITIES OF SUB COMMITTEES: Class Room Teaching & Students Facilities: Chapter organized various programmes such as Teachers Congruence, All India Company Law Quiz programmes, Personality Development programmes. Chapter also conducted 110 Career Awareness Programmes among Junior, Degree and Post Graduate Colleges in twin cities and other Cities in Telangana 9179 students were addressed. More than 180 students have undergone oral coaching at the classes conducted by the Chapter during the year under review. Professional Development: The Chapter organized 07 Study Circle Meetings; 25 Interactive Meetings; 09 Paid Seminars/Workshops including 04 Joint programmes and invited speakers from various fields viz., Corporate; Professionals; Industry, Academics and Regulators. Practicing Company Secretaries: The Chapter conducted 74 programmes / interactive meetings during the year for the benefit of practicing members on topics of professional interest and relevance. Training & Placement: Chapter conducted 03 ‘2 Days Induction’02‘3 Days e-Governance’, 02 ‘5 Days Skill Development’, 01 ‘5 day Entrepreneurship’, 02 Three Management Skills Orientation Program (MSOP). The Chapter regularly receives requests from various companies/placement agencies for providing placement opportunities for Company Secretaries and the Chapter has forwarded the same to the Companies/Agencies concerned. Details about placement opportunities/conduct of training programmes were uploaded on the ICSI Website from time to time. Chapter has also initiated a display of placement opportunities published in various newspapers on the Chapter’s Notice Board. Information relating to placement opportunities was also emailed to members from time to time. Information Technology: Computers in the Chapter office were inter-connected through LAN connection for administrative convenience. Data relating to various activities of the Chapter and details of the Managing Committee Members of the Chapter were uploaded on the web-page of the Hyderabad Chapter for dissemination of information amongst its Members, Students and the general public. All other activities of the Chapter have been fully computerized.

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 20 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Newsletter: The Chapter made its efforts to bring out the in-house monthly newsletter “Corporate Secretary”. During the past year it published innovative items, articles and other write ups. A Special edditoin of Newsletter was released on Foundation Day Celebratoins including the achievements of the Past Chairmen during their tenure since the establishment of the chapter alongwith articles, write ups and yearly corporate compliance calendar etc. Inter-institutional: The Hyderabad Chapter has organized several Joint programmes with ICAI, ICAI(CMA), Osmania University, Ni-msme, IPE,STPI, Department of Central Excise and Customs, MCA, NALSAR during the financial year. Public Relations: The Chapter has met some senior officials of various Institutions and also some Government officials as follows: v Hon’ble Union Minister Shri Y.S Chowdary, Minister of State for Ministry of Science & Technology & Earth Sciences v Hon’ble Union Minister Shri Muqtar Abbas Naqvi- v Hon’ble Deputy Chief Minister, Telangana State -Shri Kadiyam Srihari v Hon’ble Deputy Chief Minister, Telangana State - Shri Mohd Mehmood Ali v Hon’ble Finance Minister, Telangana State- Shri Etela Rajender v Hon’ble Minister for Panchayat Raj, Telangana State- Shri Jupally Krishna Rao v Hon’ble Member of Parliament- Shri Vinod Kumar v Hon’ble Member of Legislative Council, Telangana- Shri Ramachandra Rao v Hon’ble Member of Legislative Assembly, Telangana- Shri Prabhakar Reddy v Hon’ble Sri Justice A. Ramalingeswara Rao , High Court of Judicature at Hyderabad v Hon’ble Justice Sri TNC Rangarajan (Retd) v Shri. Ravikumar Duraisamy, Hon’ble Member-Technical, NCLT v Shri M R Bhat, Regional Director(SER), Ministry of Corporate Affairs, v Shri Ramesh Chandra Mishra, ROC (AP & Telangana), Ministry of Corporate Affairs v CS U K Chaudhary, Past President v CS Pavan Kumar Vijay, Past President v Shri V S Sundaresan, Chief General Manager, SEBI, v Shri Suprapath Lala , VP, NSE India v Shri N Krishnamurthy, Registrar of Companies, Ministry of Corporate Affairs v CS (Dr.) Navarang Saini, Whole Time Member, Registration and Monitoring Wing Insolvency and Bankruptcy Board of India (IBBI) v Ms. Manjula Hosmani IRS, Additional Commissioner, CGST

21 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter v Shri V.Srinivasulu, Deputy Inspector General (Registration & Stamps). v Dr. Sanjeev Chaturvedi, Director, NIMSME v Dr. N Krishna Mohan Banking Ombudsman for AP & Telangana Reserve Bank of India v Shri V.S. Sundaresan, Chief General Manager v Prof. S. Ramachandram ,Vice-Chancellor, Osmania University v Prof. Mohd. Akbar Ali Khan, Former Dean, Faculty of Commerce, Osmania University v Prof. K V S Sharma, Professor of Corporate Law, Former Registrar, NALSAR University v Shri Naresh Penumaka, IRS, Principal Commissioner - Hyderabad GST Commissionerate v Shri M Srinivas, IRS, GST Commissioner. v Smt. Bhavana Ravikumar , Deputy General Manager, SEBI v Shri Jayesh Ranjan, Principle Secretary to Government of Telangana v Shri M Sree krishna, Regional PF Commissioner -1 v Shri Dinesh K Chakravarthy, Additional Dirctor SFIO v Shri V P Srivastava, Copyright Information Officer and Deputy Registrar of Copy rights. v Shri Bankey Behari Agrwal, Principal Commissioner, Hyderabad Customs v Shri Somesh Kumar, Principal Secretary to Government, Revenue ( CT&EX) v Shri Yogesh Kumar Dubey, Dy Director, CCI v Shri Er L K Sangameshwar Rao, Officer on Special Duty to Vice-Chairman, Planning Board, Govt of Telangana v Shri Seema Rath, Dy Director, MCA v Shri Naresh Penumaka, Principal Commissioner, Hyderabad GST Commissionerate v Shri Arun Pandey, Additional Commissioner ESIC v Shri Ahmad Nadeem, Commissioner, Industries, Commerce & Export Promotion Govt of Telangana v Shri CVD Ramprasad, Director STPI v Dr N Sri Lakshmi, Registrar, NIMSME v Ms P V Sindhu, National Badminton player v Shri Pullela Gopichand, National famous Badminton Coach Internal Audit: As per the ICSI guidelines, the chapter engaged M/s.VSPN &Co., Chartered Accountants as internal auditors and the reports were forwarded along with the Quarterly Reports to the ICSI HQ. CSBF Initiatives: The ICSI- Hyderabad has pioneered the Concept of building CSBF for the benefit of Members & their families and became torch bearer for other Chapters in the Country. We have initiated many good

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 22 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter programmes in spreading the cause of CSBF in the past. During the year under review with the support of members, Hyderabad Chapter has initiated a “CSBF program with a difference. ICSI Hyderabad Chapter has organized CSBF Benefit Show at Imax Theatre (“Bahubali” Movie) and contributed around Rs.30,000 plus for CSBF along with amount allocated by chapter for same ICSI Hyderabad Chapter has organized CSBF Cultural Night and donated Rs.4,00,000 towards CSBF Corpus during CSBF Drive month and Launched special video for propagation of CSBF registration. Contribution to Chapter Building: An amount of Rs.10,00,000/- shown under the head of ‘Other Non Current Assets’ as against contribution to Chapter Building was being carried on from the year 1992 in the books of accounts maintained by the Chapter every year. It is to bring to the notice of the members that there is a communication from the Head Quarters that the said amount has to be maintained on permanent basis. List of VIPs / Guests who graced various Programmes /visited the Chapter: Apart from CS (Dr.) Shyam Agrawal-President, CS Makarand Lele - Vice President, other Council Members, CS Ganapathi, Chairman, SIRC the following are few amongst other dignitaries who have graced various programs of our Chapter/ Institute during this year: Hon’ble Union Minister Shri Y.S Chowdary, Minister of State for Ministry of Science & Technology & Earth Sciences, Hon’ble Union Minister Shri Muqtar Abbas Naqvi- Minister of State for Parliamentary Affairs, Hon’ble Deputy Chief Minister, Telangana State -Shri Kadiyam Srihari, Hon’ble Deputy Chief Minister, Telangana State - Shri Mohd Mehmood Ali, Hon’ble Finance Minister, Telangana State- Shri Etela Rajender, Hon’ble Member of Parliament- Shri Vinod Kumar,Hon’ble Member of Legislative Council, Telangana- Shri Ramachandra Rao,Hon’ble Member of Legislative Assembly, Telangana- Shri Prabhakar Reddy, Hon’ble Sri Justice A. Ramalingeswara Rao , High Court of Judicature at Hyderabad, Hon’ble Justice Sri TNC Rangarajan (Retd), Shri. Ravikumar Duraisamy, Hon’ble Member-Technical, NCLT, Shri M R Bhat, Regional Director(SER), Ministry of Corporate Affairs, Shri Ramesh Chandra Mishra, ROC (AP & Telangana), Ministry of Corporate Affairs, CS U K Chaudhary, Past President, CS Pavan Kumar Vijay, Past President, Shri V S Sundaresan, Chief General Manager, SEBI, Shri Suprapath Lala , VP, NSE India, Shri N Krishnamurthy, Registrar of Companies, Ministry of Corporate Affairs, CS (Dr.) Navarang Saini, Whole Time Member, Registration and Monitoring Wing Insolvency and Bankruptcy Board of India (IBBI), Ms. Manjula Hosmani IRS, Additional Commissioner, CGST, Prof. S. Ramachandram ,Vice-Chancellor, Osmania University, Prof. Mohd. Akbar Ali Khan, Former Dean, Faculty of Commerce, Osmania University, Prof. K V S Sharma, Professor of Corporate Law, Former Registrar, NALSAR University, Shri Naresh Penumaka, IRS, Principal Commissioner - Hyderabad GST Commissionerate, Shri M Srinivas, IRS, GST Commissioner, Smt. Bhavana Ravikumar , Deputy General Manager, SEBI, CS Henry Richard, Former Regional Director, MCA, Ms. Sangeetha Reddy, Managing Director, Apollo, Smt Nara Bhahmini, Executive Director, Heritage Foods and Shri Sandeep Bhatnagar, Chief Commissioner, Customs, Central Excise and Service Tax). :Dr. Manjula Hosmani IRS, Additional Commissioner, CS P.K. Mittal, Advocatal, PKMG Law Chambers, New Delhi & Gopi Donthireddy, Deputy Director, National Academy of Customs, Indirect Taxes and Narcotics (NACIN), MCRHRDI, Prof. S. Ramachandram ,Vice-Chancellor, Osmania University, Prof. Mohd. Akbar Ali Khan, Former Dean, Faculty of Commerce, Osmania University, Prof. K V S Sharma, Professor of Corporate Law, Former Registrar, NALSAR University, Smt. Bhavana Ravikumar, Deputy General Manager, SEBI, Hon’ble Sri Justice A. Ramalingeswara Rao , High Court of Judicature at Hyderabad , for the State of Telangana and the State of Andhra Pradesh, Hyderabad, Shri Shekar Kamula, Film Director, Shri Naresh Penumaka, IRS, Principal Commissioner - Hyderabad GST Commissionerate, Shri Shawket Hussain, Joint Director, Department of IT, Government of Telangana, Ms. C Rohini, Chief 23 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Administrative Officer, ni-msme, Smt. N. Sara Rajendra Kumar, General Manager, Foreign Exchange Department, RBI. Disclosures: The ICSI- Hyderabad Chapter paid the Faculty Honorarium to the following Managing Committee Members who have taken classes in Oral Coaching/Management Skills Orientation Programme/ Student Induction Programme and Academic Development programmes during the year.

Sl. Name of the Managing Committee Member O.C Class MSOP 15 Days ADP No. 1. CS Kavitha Rani S 1500 2. CS Rahul Jain 35235 3000 6000 3. CS Issac Raj P.G. 3000 3000 4. CS Ravi Kumar Mandavilli 2500 5. CS Ramakrishna Gupta R 1500 Details of Managing Committee Meetings: Details of Managing Committee Meetings and Attendance of Members at the Managing Committee Meetings conducted from 01.04.2017 to 31.03.2018 are as follows: The total 13 Managing Committee Meeting were conducted during the period.

Sl. No. of Meetings Name of the Managing Committee Member No. attended 1. CS Kavitha Rani Sakhamuri 12 2. CS Rahul Jain 12 3. CS K P C Rao 8 4. CS R Venkata Ramana 13 5. CS Mahadev Tirunagari 12 6. CS Issac Raj P.G. 13 7. CS Ravi Kumar Mandavilli 7 8. CS Ahalada Rao V 12 9. CS Rama Krishna Gupta R 8 10. CS P S Shastry 9

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 24 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

LIST OF PROGRAMMES ORGANISED BY THE ICSI - HYDERABAD CHAPTER FOR THE PERIOD FROM 01.04.2017 TO 31.03.2018

No. of Sl. Details of the Chief Members/ Date TOPIC .. Venue No. Guest/Speakers Students attended Study Circle meeting on Speaker: CS (Dr.) Kishore “Practical Aspects in Pre- 1 15.04.2017 Chapter Premises N. K. Vice-President, 91 paring the CMA Data for Meenakshi Group Working Capital” Speaker: Shri N Krish- Interactive meeting on namurthy Registrar of 2 20.04.2017 Striking off Companies Chapter Premises 169 Companies Ministry of under section 248 Corporate Affairs Chief Guest: Shri G Sam- path Kumar, GM, SIDBI, Guest of Honour: Shri. Oggu Prasad Rao, Assis- tant Controller of Patents ,Head -RMID Section (RO- Intellectual Property PCT) , Indian Patent Office 3 26.04.2017 Rights for Innovative ni-msme : Speakers: Shri. Ashok 93 Entrepreneurship Ram Kumar, Advocate, Shri Vijay Kumar, Advo- cate & Smt. V. Swapna, Associate faculty member Registered Patent Agent & Trademark Agent, IPFC, ni-msme Study Circle Meeting on Shri Vishal Kedia Prevention of Sexual Ha- Founder & Director 4 27.04.2017 Chapter Premises 14 rassment & information Complykaro Services Pvt Security Ltd CS (Dr.) Kishore N. K., Vice-President, Meenakshi Group, CS LVN Mu- Half-a-day Seminar on ralidhar Practical Aspects of Managing Partner, Lastaki 5 06.05.2017 NKM Grand 49 Private Equity Funding & Advisors Pvt. Ltd & CS Drafting of Agreement Noorul Hassan SK Advocate, Joint Partner, Lakshmikumaran & Sri- dharan, Attorneys.

25 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Research Circle – Atelier Sessions - Insight into 6 10.05.2017 Chapter Premises - 15 Mergers & Amalgama- tions - 1 Day Research Circle – Atelier Sessions - Insight into 7 17.05.2017 Chapter Premises - 6 Mergers & Amalgama- tions - 2 Day Chief Guest: Shri B. Vinod Kumar, Hon’ble MP, Shri. Ravikumar Duraisamy, Hon’ble One day seminar on Member-Technical, NCLT. Decipher the Obscure Speakers: Shri. Ravikumar 8 20.05.2017 Areas of Insolvency & Hotel Manohar Duraisamy, Member-Tech- 141 Bankruptcy Code, 2016 nical, NCLT, CS A M Sri- & NCLT dharan, Advocate, Chen- nai, Shri Y Suryanarayana Advocate, Hyderabad &CS Henry Richard Former Regional Director, MCA Research Circle – Atelier Sessions -Critical issues on Appointment and Re- 9 24.05.2017 Chapter Premises - 23 muneration of Manageri- al personal (Chapter XII Sec 196-205) - 3 Day 11th Residential Pro- 27.05.2017 Special Guest : Sister BK gramme to Spark the El- 10 to Pragati Resorts Rajani, Brahma Ku- 27 egant smile with Healthy 28.05.2017 maris-Shanti Sarovar Breathe Research Circle - Ate- lier Sessions - Special 11 31.05.2017 Chapter Premises - 15 courts (Chapter XXVIII Sec 435-446) Special Guest: CS (Dr.) Navarang Saini Whole Time Member, Registration and Monitor- ing Wing Insolvency and Bankruptcy Board of In- Workshop on Corporate 12 02.06.2017 NKM Grand dia(IBBI), CS Ramakrishna 65 Resolution Process. Gupta R (Vice-Chairman & Treasurer, ICSI –SIRC) Senior Partner, R & A Associates, Hyderabad & CA Devendra D Jain, Insolvency Professional

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 26 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Research Circle - Atelier Sessions - Chapter XXI - Companies Authorized 13 14.06.2017 Chapter Premises - 5 to Register Under this Act - Section 366 to Sec- tion 378 | Chief Guest: CS Ahalada Rao V, Council Member, Inauguration of Ex- ICSI Guest: Shri Pawan 14 14.06.2017 ecutive Development Chapter Premises Kumar Mittal, Company 29 Programme Secretary & DGM (Finance & Accounts), Rainbow Children’s Hospital Special Address by : CS Ahalada Rao V Council Member, the ICSI, On Occasion of PCS CS (Dr.) P. Siva Rama Day Chapter Organ- Prasad , AGM, State Bank ised One Day Seminar of India, CA Pranav Evani, 15 15.06.2017 on Emerging Areas Hotel Abode 87 ricewaterhouseCoopers, for Practising Compa- CS Kuldeep Bengani, ny Secretaries FOUR Company Secretary in SQUARE AUDIT Practice & CA Pavan Ku- mar C, Chartered Accoun- tant Discussion Meeting CS Sarada, Company on - Critical Analysis on Secretary & Compliance 16 18.06.2017 Chapter Premises 23 Mergers & Acquisition - Officer, Nueland Laborota- Case Studies ries Ltd Research Circle - Atelier 17 21.06.2017 Sessions - Chapter XVII Chapter Premises - 6 - Registered Valuers Annandnagar Trainer: Dr. B.V. Lakshma- 18 21.06.2017 International Day of Yoga 52 Community Hall na Rao Chief Guest: Sri S. Suresh Validictory session of Kumar, Superintendent, 19 22.06.2017 Executive Development Chapter Premises 29 Customs, Central Excise & Programme Service Tax Dept Speaker: CS Akshita Discussion Meeting on Surana, Company Secre- 20 25.06.2017 Practical Aspects of SME Chapter Premises tary& Compliance Officer 10 Listing - Sphere Global Services Ltd 36th Annual General 21 29.06.2017 Chapter Premises - 31 Meeting

27 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Chief Guest and other Participated in Inaugu- Guests: Ms. Sangeetha ration of GST regime Reddy, Managing Director, & Invites you all to Join Apollo, Smt Nara Bhah- Hands for this TRANS- mini, Executive Director, 22 01.07.2017 FORMATION Phase & GST Bhavan 300 Heritage Foods and Shri Commemorating this Sandeep Bhatnagar, Chief Historic Day by distribu- Commissioner, Customs, tion of saplings & release Central Excise and Service of balloons Tax). Planting of saplings at Andhra Bank Staff Apex College, Gachibouli Chairman and other Com- 23 01.07.2017 Gachibouli 20 & Jawaharlal Nehru mittee Members Institute of Banking & Finance – Gachibowli Discussion Meeting on “Evaluation of Board Speaker: CS Padma She- Performance and Re- 24 02.07.2017 Chapter Premises noy, Manager (SECL),Tata 7 view of Board effective- Projects Ltd ness” under Companies Act Study Circle Meeting on Speaker: CS Subhash “Real estate (Regulation Setia 25 06.07.2017 and development) act, Chapter Premises Chief Corporate Affairs & 26 2016 – opportunities for Group Company Secre- cs” tary, DLF Ltd. Chief Guest:Dr. Manjula Hosmani IRS, Additional Commissioner, CGST, Speakers: CS P.K. Mittal, Auditorium of Advocatal, PKMG Law Workshop on Goods & Centre for Eco- Chambers, New Delhi & 26 08.07.2017 Service Tax – A New Era 92 nomic and Social Gopi Donthireddy of One Nation One Tax Studies(CESS), Deputy Director National Academy of Cus- toms, Indirect Taxes and Narcotics (NACIN) MCRHRDI Shri Mukhtar Abbas Naqvi Joint programme with Hon’ble Union Min- Department of Central ister of State for Mi- 27 09.07.2017 Tax, Central Excise & Ravindra Bharathi 66 nority Affairs (I/c) Service Tax on GST & Parliamentary Affairs, Awareness Meeting Govt. Of India

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 28 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Chief Guest Prof. S. Ra- machandram ,Vice-Chan- cellor, Osmania Univer- sity . Speaker: CS M.K. Ramasubramanian Tax Consultant,Hyderabad, CS D.V.M. Gopal, Company Secretary in Practice & CS R. Ramakrishna Gupta Vice Teacher’s Congruence Chairman & Treasurer, The on Empowering Teach- PGRR CDE Audi- 28 22.07.2017 ICSI- SIRC. Prof Mohd 175 ers To Prepare Profes- torium Akbar Ali Khan, Former sionals Of Tomorrow Dean, Faculty of Com- merce, Osmania University, presiding over the Valedic- tory Session as a President and Prof. K V S Sharma, Professor of Corporate Law, Former Registrar, NALSAR University graced session as Chief Guest Speaker: CS G. Raghu Discussion Meeting Babu 29 22.07.2017 on Resolution Process Chapter Premises Founder Partner, R & A 17 Practical Aspects Associates Company Secretaries Speaker: Dr. R. Chandra Motivational talk for 30 25.07.2017 Sekhar, Dean- Consultant, 45 students Chaitanya Institutions Kargil Victory Day - Es- say Writing Competition 31 26.07.2017 on the theme Good Chapter Premises - 17 Governance Practices in Armed Forces 17th All India Company 32 26.07.2017 Law Quiz Competition at Chapter Premises 10 Chapter Level CS Ahalada Rao, Council Member, the ICSI, CS V S Sridhar, PCS, CS Raghu Brain Storming Sessions Babu, PCS, CS Siva on ‘Insolvency & Bank- 01.08.2017 Rama Prasad, Former ruptcy Code, 2016’ for 33 to Chapter Premises AGM, SBI, CS Ramakrish- 16 Insolvency Professional 05.08.2017 na Gupta R, Vice Chair- Agency (IPA) Examina- man & Treasurer, ICSI tion SIRC, CMA TSN Raja (IP) and Shri T V L Narasimha Rao, Advocate

29 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

CS Rajnish Garje, CFO, Inaugural session of 3 34 03.08.2017 Chapter Premises Sembcorpo Gayatri Power 35 days e-Governance Ltd 16th All India Elocution Shri A. Srinivasa Rao, Competition on “Value Faculty Member and CS 35 04.08.2017 Creation by Building Chapter Premises 20 V. Namitha, Company Sec- Brand CS –Emerging retary in Practice Areas of Opportunities” Chef Guest: Smt. Bhavana Valedictory session of 3 36 05.08.2017 Chapter Premises Ravikumar, Deputy Gener- 35 days e-Governance al Manager, SEBI Cricket Match with MCA Govt. PG College, 37 06.08.2017 - 120 & GST officials Domalguda A Talk on Management Speaker: Dr. S. Chan- 38 07.08.2017 Chapter Premises 13 Principles and Ethics drasekharan Discussion Round Table - Interoperability of Ep- 39 09.08.2017 ics, Vedas, Upanishads Chapter Premises - 11 Vis-a-vis modern Corpo- rate World Half day Seminar on Speakers: CS S. Chidam- “Companies Amendment baram, Company Secre- 40 10.08.2017 Bill, 2017 and Drafting of Chapter Premises tary in Practice & 90 Pleadings, Appearance Shri R Raghunandan Rao, before NCLT & NCLAT Sr. Advocate Chief Guest: Hon’ble Sri Justice A. Ramalingeswara Rao , High Court of Judi- cature at Hyderabad , for 43rd Foundation Day 41 10.08.2017 Chapter Premises the State of Telangana 136 Celebrations and the State of Andhra PradeshHyderabad & Special Guest: Shri Shekar Kamula, Film Director 42 13.08.2017 Cricket Match - Finals Osmania University - 30 71st Independence Day 43 15.08.2017 Chapter Premises - 58 Celebrations Discussiion Meeting of 44 19.08.2017 Chapter Premises - 24 Insolvency Professionals 45 20.08.2017 Blood Donation Camp Chapter Premises - 17

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 30 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Judge: CS Datla Hanu- manta Raju, Past Pres- ident, The ICSI. Quiz Masters: CS Sudhir Kuamr Pola, Company Secretary, All India Company Law 46 22.08.2017 Chapter Premises Kalburgi Cement Private 40 Quiz- National Level Limited and CS Suresh Bachalakura, Company Secretary & Compliance Officer, MosChip Semicon- ductor Technology Limited Speakers: Shri R. Narasimha Half Day Seminar on Murthy,Senior Superindent Over View of GST Central Board of Excise and 47 02.09.2017 and Practical Aspects Chapter Premises Customs Dept of Revenue 116 Relating to Returns & Ministry of Finance, Govt of Registers India, CS P.K. Singh, Compa- ny secretary in Practice Inauguration of 18th Batch of Management 48 06.09.2017 Chapter Premises 25 Skills Orientation Pro- gramme Discussion Meeting on Guidance note 49 09.09.2017 Chapter Premises - 36 for Pre-Certification of e-forms President, The ICSI CS (Dr.) Shyam Agrawal, 50 16.09.2017 Chapter Premises 65 meeting with Students President, The ICSI Discussiion Meeting of 51 20.09.2017 Chapter Premises - 12 Insolvency Professionals Valedictory session of Chief Guest: Shri Naresh 18th Batch of Manage- Penumaka, IRS, Principal 52 22.09.2017 Chapter Premises 25 ment Skills Orientation Commissioner - Hyd GST Programme Commissionerate Chief Guest: Shri Kadiyam Srihari, Hon’ble Deputy Chief Minister and Minister for Education, Telangana, Shri N. Ramchander Rao, Hon’ble MLC, Graduates Golden Jubilee Year IICT Constituency (Mahabub- 53 04.10.2017 Auditorium, 96 Celebrations Tarnaka nagar-Ranga Reddy-Hy- derabad), Shri M R Bhat, Regional Director(SER), Ministry of Corporate Af- fairs, Shri. Ravikumar Du- raisamy, Hon’ble Member, NCLT, Hyderabad Bench 31 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

06.10.2017 7th Batch of 2 days 54 to Chapter Premises - 12 Induction 07.10.2017 Speakers: CS Shujath Bin Half Day Seminar on Ali, Senior Director – Legal ‘Annual Filing(Certifica- & Risk Management & Com- 55 14.10.2017 tion of e-forms & MGT-8) NKM Grand 81 pany Secretary, PAREXEL and ‘ Secretarial Stan- & CS DVM Gopal, Company dards’ Secretary in Practice Interactive Meeting on Companies (Registered 56 04.11.2017 Chapter Premises - 18 Valuers and Valuation) Rules, 2017 Shri M R Bhat, Regional Interactive Meeting on Vivekananda Director(SER), and Shri “Striking off of Compa- 58 09.11.2017 Auditorium, Ra- Ramesh Chandra Mishra, 261 nies and Disqualification makrishnamath ROC (AP & Telangana), of Directors” Ministry of Corporate Affairs. Half Day Seminar on Speakers: Shri Y. Sury- NCLT – Procedure for anarayana, Advocate & CS 58 11.11.2017 Revival of Companies Hotel Vaishnaoi 108 A. Nagaraj Kumar, Advo- and Compounding of cate Offences Chief Guest: Shri Etela Rajender, Finance Minister, Telangana State. Special Guest: Shri M Srinivas, IRS, GST Commissioner. Speak- ers: Mr. Gopi Donthireddy, Dy. Director, NACEN, Mr. Shashank Raizada , Assistant Commissioner, EPFO, Ministry of Labour, GoI, CS Shujath Bin Ali, Sr.Director- Legal & Risk Management & CS, PAREXEL IT & ITeS Legal & Com- Ascendas IT Park India, Mr. Sachin Dev, Director 59 16.11.2017 127 pliance Conclave Auditorium -Rsik Advisory Services, E Y, Mr. Abinav Srivastava, Director, Ernst & Young(EY), Ms. Nida Zia, Manager, Ernst & Young LLP, CS G Phani Kumar, Head Legal & CS ,Agilent Tec nologies, CS Osman Akhtar, Director Legal, Compliance & CS, Real Page India, Mr. Abe Abraham, Principal Associate, Cyril Amarchand Mangaldas, Shri C V D Ramprasad, Direc- tor, STPI

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 32 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Shri Abinav Srivastava Director, Ernst & Young In-house Capacity Build- GMR Airport 60 08.12.2017 (EY) & CS P.K. Singh, 60 ing Training Programme Office Company Secretary in Practice Discussion Meeting on Case Studies of IBC Corporate 61 30.12.2017 - 37 followed by Swachhata Bhavan, MCA Pakhwada Lakshmi Seva Samithi & 62 01.01.2018 Udai Diwas Durgabhai - 50 Desmukh Hospital Programme on “Finan- Speaker: Dr. P. Siva Ram ICAI Hyderabad 63 03.01.2018 cial Resolution & Deposit Prasad, Asst General Man- 64 Chapter Insurance Bill 2017 ager (Retd), SBI Speaker: CS Ramakrishna Study Circle Meeting on 64 06.01.2018 Chapter Premises Gupta R, Vice Chairman & 23 Auditing Standards Treasurer, ICSI SIRC Speakers: CS Ramakrish- Brain storming sessions na Gupta R, Vice Chair- on ‘Insolvency & Bank- 08.01.2018 man & Treasurer, ICSI ruptcy Code, 2016’ for SIRC, CS Raghu Babu, 65 to Chapter Premises 20 Insolvency Professional PCS, CS Siva Rama 13.01.2018 Agency (IPA) Examina- Prasad, Former AGM, SBI, tion Shri T V L Narasimha Rao, Advocate & CMA TSN Raja (IP) Special Guest Shri Shawket Hussain, Joint Director, De- partment of IT, Government of Telangana, Ms. C Rohini, Chief Administrative Officer, ni-msme, Ms. Nagavalli G. Partner, Cyril Amarchand Mangaldas, Bangalore, CA Nayan Saboo, Full Day Seminar on Manager, Transaction Tax, Ernst Structuring of SMEs/ & Young LLP, Hyderabad, Shri K. 66 17.01.2018 ni-msme 103 Start-ups & Strategies Chandra Sekhar Babu, Assis- for Investments tant Director, Commissionerate of Industries, Hyderabad, Shri Yerram Raju, Adviser, Telangana Industrial Health Clinic Ltd., Government of Telangana CS P.S. Rao, Company Secre- tary in Practice, Hyd Shri Kaushik Rajan, Partner, M/s. Tatva Legal, Hyderabad 33 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Speaker : CS P S Rao, Half day Seminar on Company Secretary in Highlights of Companies Practice Shri R. C Mishra, 67 24.01.2018 Amendment Act, 2017 NKM Grand 204 ROC by CS K P C Rao, & Condonation of Delay Secretary, ICSI Hyderabad Scheme, 2018(CODS) Chapter 83rd Class Room Teach- 68 24.01.2018 Chapter Premises 35 ing Inaugural session CS Ahalada Rao, Republic Day Celebra- Vice-President, 69 26.01.2018 Chapter Premises The ICSI 42 tions and other Committee Members Study Circle Meeting on 70 31.01.2018 Chapter Premises 92 SS-III CS Rashida Adenwala, PCS Moderator- CS (Dr.) N K Kishore, Vice Study Circle Meeting on 71 02.02.2018 Chapter Premises President, Meenakshi 103 Analysis of Budget Group Speakers: CA S Suresh Babu & CMA B Mallikarjuna Gupta Annual Fellowship Meet 72 03.02.2018 Hotel Amogham 115 - 2018 Study Circle Meeting CS G Murali Krishna, SBS on Ebiz Filing System- 73 17.02.2018 Chapter Premises Company LLP, Chartered 85 Changing Trends in Accountant FEMA Shri P Srinivasa Rao, Ad- Half Day Seminar on vocate, & CS(Dr.) P.Bhas- 74 24.02.2018 Court Etiquette & Prepa- Hotel Abode kara Mohan, Advocate, 63 ration of Documents High Court of AP & Telan- gana Success Meet -Decem- Chairperson and other 75 28.02.2018 Chapter Premises 30 ber 2017 Exam Committee Members Professional Induction 76 02.03.2018 Chapter Premises 25 Programme Special Guest: Smt. N. Sara Rajendra Kumar, Full day Seminar on General Manager, Foreign Inbound and Outbound Exchange Department, 77 03.03.2018 Investments Under NKM Grand RBI, Hyderabad. Speak- 161 FEMA- Opportunities for ers: CS A Sekhar, PCS, Company Secretaries Shri Bubul Bordoloi, Man- ager, RBI, Smt. Mangala Shenoy, Manager, RBI

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 34 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Chief Guest Smt. C. Suvarna, IFS, Address by Chief Guest Smt. C. Suvarna, IFS, Commissioner of Fisheries. Special Guest, CS Ahalada Rao V, Vice-President, the ICSI & Dr. Gayatridevi, Ayurvedic Consultant, Hyderabad. Speakers: Ms Mateen Ansari, Co-founder, DOBARA 2ndInnings, (Welbeing and Experiences Architects), Ms. Surya Meduri, Art International Women’s KLN Prasad Audi- 78 08.03.2018 of Living, Dr. Purnima 105 Day torium, FTAPCCI Nagaraja Psychiatrist, Dhrithi Psychiatric Care, Hyderabad, Ms. Uma Gurkha,President, Confederation of Women Entrepreneurs (COWE), CS Rashida Adenwala, Company Secretary in Practice, R & A Associates. Panellists: CA S Aparna,(Past Chairperson, ICAI-Hyderabad Branch), CA Raksha Gandi, Chartered Accountant, CA Santhisree, Chartered Accountant & Ms Rajeswari Studcy Circle Meeting Smt Sai Ranjana, Advo- 79 28.03.2018 Chapter Premises 38 on IPR cate Hon’ble Shri Rajeswara Rao Vittanala Member NCLT Corporate (Judicial), NCLT, Interactive Meeting with 80 28.03.2018 Office, MCA Bha- 35 Hon’ble NLCT Members Hyderabad & Hon’ble wan Shri Raveendra Babu BikkiMember (Judicial), NCLT, Hyderabad

35 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

LIST CAREER AWARENESS PROGRAMMES FROM 01.04.2017 TO 31.03.2018

No. of Sl. Name of the College/ Date City Speaker No. School Students Participated CS Lakshmi Narayana, 1 08.04.2017 Vivekananda Degree College Hyderabad Company Secretary in 85 Practice CS Lakshmi Narayana, Keyes Jr. College, Oop:Ap- 2 17.04.2017 Sec-abad Company Secretary in 70 poll Hospital Practice Andhra Youthi Mondal, De- CS Ahalada Rao V.. ICSI - 3 26.06.2017 Hyderabad 68 gree College Council Member CS Namita V.. Cpmpany 4 11.07.2017 St. Marry’s Degree College Sec-abad 90 Secretary in Practice CSCS S Balachandra St. Annan’s (W) Degree Col- 5 11.07.2017 Hyderabad S. Company Secretary in 350 lege, Mehdipatnam Practice CS Rajinesh C Papoet, Pragathi Mahavidyalaya 6 11.07.2017 Hyderabad Company Secretary in 85 Degree & PG College Practice CS Issac Raj P.G, Past Saraswathi Jr. College, 7 11.07.2017 Vikarabad Chairman & CS A. Karthik, 63 Vikarabad Member of the Institute CS Issac Raj P.G, Past Viswabharathi Jr. College, 8 12.07.2017 Vikarabad Chairman & CS A. Karthik, 125 Vikarabad Member of the Institute CS Issac Raj P.G, Past 9 12.07.2017 Siddhartha Jr. College Vikarabad Chairman & CS A. Karthik, 82 Member of the Institute CS Issac Raj P.G, Past 10 12.07.2017 Saraswati Jr College Vikarabad Chairman & CS A. Karthik, 63 Member of the Institute CS Issac Raj P.G, Past Viswabharathi Jr. College, 11 11.07.2017 Vikarabad Chairman & CS A. Karthik, 125 Vikarabad Member of the Institute CS Issac Raj P.G., Past Siddhartha Jr. College, Opp: 12 11.07.2017 Vikarabad Chairman and Kartik A. 182 Bustand, Vikarabad Company Secretary in Practice Hanuma- CS M.V.Ravi Kumar, Mem- S R Degree College, New 13 15.07.2017 konda, ber - ICSI HyderabadChap- 65 Bom.Students, Hanumakonda, Warangal. ter

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 36 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

New Science PG & Degree. V. S. Sarma, E O, ICSI 14 15.07.2017 Warangal 60 College, Hyderabad Chapter CS M.V.Ravi Kumar, MV. Bharathi Degree College, Member - ICSI Hyd.Chapter 15 15.07.2017 Warangal 120 Vasavi Colony, & V.S.Sarma, E O, ICSI Hyd. Chapter Masterji Degree & PG Col- V. S. Sarma, E O, ICSI 16 15.07.2017 Warangal 75 lege, Hanumakonda, Hyderabad Chapter Padmavathi Degree College, CS Ravi Kumar MV. Trea- 17 15.07.2017 Warangal 110 LB Nagar, surer, ICSI Hyd. Chapter R.G. Kedia Degree College, CS S Balachandra, Compa- 18 29.08.2017 Hyderabd 120 Chadarghot, ny Secretary in Practice DBPM Degree College for CS S Balachandra, Compa- 19 30.08.2017 Sec-abad 187 (W), Opp: Appolo Hospital, ny Secretary in Practice Ideal Degree College for CS Karthik A. Company 20 30.08.2017 Hyderabad 70 Women’s DSNR Secretary in Practice Vivakananda Govt. Deg. CS Karthik A. Company 21 08.09.2017 Hyderabad 66 College, Vidyanagar Secretary in Practice CS Rajinsh C Popet, Com- 22 09.09.2017 St.Marry’s Jr. College Hyderabad 126 pany Secretary in Practice CS Vikram Reddy P. Com- 23 08.09.2017 Jagruti Degree & PG College Hyderabad 122 pany Secretary in Practice CS Kavitha Rani S. Vice 24 08.09.2017 Keeyes Jr. College Hyderabad Chairperson, - ICSI Hyder- 185 abad. Chapter Hindu Jr. College, Jr. Girls CS Vikram Reddy P. Com- 25 08.09.2017 Hyderabad 80 College, Sanathnagar pany Secretary in Practice Priyadarshini College of CS Rajinsh C Popet, Com- 26 11.09.2017 Hyderabad 54 Business Management pany Secretary in Practice St. Marry’s Degree & PG Col- CS Rajinsh C Popet, Com- 27 11.09.2017 Hyderabad 135 lege, Ram Koti pany Secretary in Practice Bharat degree College for CS Navneeth Singh, Com- 28 11.092018 Hyderabad 70 Women pany Secretary in Practice Bharat degree College for CS Vikram Reddy P. Com- 29 11.09.2017 Hyderabad 100 Women pany Secretary in Practice AMS School of Informatics CS Atluri Ramesh, Company 30 12.09.2017 Hyderabad 100 for MBA Secretary in Practice CS Karthik A. Company 31 12.09.2017 Sindhu Girls Junior College Tandur 51 Secretary in Practice CS Karthik A. Company 32 12.09.2017 Bhashyam Junior College Tandur 54 Secretary in Practice CS Karthik A. Company 33 12.09.2017 Siddhartha Junior College Tandur 72 Secretary in Practice 37 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Sree Chaithanya Degree CS Issac Raj P.G. Past 34 07.11.2017 Karimnagar 80 College. - Ist Year B.C0m. Chairman, ICSI Hyd. Chapter. Sree Chaithanya Degree CS Issac Raj P.G. Past 35 07.11.2017 Karimnagar 60 College. - Ist Year B.Sc.. Chairman, ICSI Hyd. Chapter. V.S. Sarma, Executive Sree Chaithanya Degree 36 07.11.2017 Karimnagar Officer, ICSI Hyderabad 120 College - IIIrd Year B.Com., Chapter V.S. Sarma, Executive Offi- 37 07.11.2017 SRM Degree College Karimnagar 128 cer, ICSI Hyd. Chapter V.S. Sarma, Executive Offi- 38 07.11.2017 Arora Degree College Karimnagar 100 cer, ICSI Hyd. Chapter CS Issac Raj P.G. Past 39 07.11.2017 Vikas Degree College Karimnagar Chairman, ICSI Hyd. Chap- 154 ter. CS Issac Raj P.G. Past 40 07.11.2017 Arora Degree College Karimnagar Chairman, ICSI Hyd. Chap- 130 ter. V.S. Sarma E O, ICSI Hyd. Keshav Memorial Degree Chapter & CS Vikram Red- 41 22.11.2017 Hyderabad 65 College, Narayanaguda dy P. Company Secretary in Practice K.V.Ranga Reddy Law Col- CS Kavitha Rani S. Vice 42 05.12.2017 lege, Gaganmahal, (IInd Year Hyderabad Chairperson, - ICSI Hyder- 90 LLB) abad Chapter K.V.Ranga Reddy Law Col- V.S.Sarma E O, ICSI Hy- 43 05.12.2017 Hyderabad 80 lege, Gaganmahal, derabad Chapter Keshav Memorial Degree CS Vikram Reddy P. Com- 44 05.12.2017 Hyderabad 130 College, Narayanaguda, pany Secretary in Practice Govt. Degree College, CS Anil Kumar V. Company 45 06.12.2017 Hyderabad 45 Khairatabad Secretary in Practice CS Vikram Reddy Company BJR Degree College, Hi- 46 06.12.2017 Hyderabad Secretary in Practice & V S 60 mayathnagar, Sarma, E O Hyd. Chapter Mahboob Degree College, CS Kartik A. Company Sec- 47 06.12.2017 Sec-bad 130 Patni, retary in Practice MBA Business School, Ban- CS Anil Kumar V. Company 48 07.12.2017 Hyderabad 70 jara Hills, Hyderabad Secretary in Practice CS Venkata Ramana, St. Pious X Degree College, Chairman, ICSI-Hyd. Chap- 49 07.12.2017 Hyderabad 80 Nacharam, ter. & V.S.Sarma, E O, ICSI Hyd. Chapter. St.Joseph Degree & PG V.S. Sarma E O, ICSI Hy- 50 08.12.2017 Hyderabad 60 College, King Koti, derabad Chapter

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 38 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

St.Joseph Degree & PG Col- CS Venkata Ramana, Chair- 51 08.12.2017 Hyderabad 130 lege, King Koti, B Com. man, ICSI-Hyd. Chapter. Mahboob Jr. College, Pat- CS Venkata Ramana R. 52 08.12.2017 Sec-bad 60 ni,(Ist Year) Chairman, ICSI Hyd. Chapter Mahboob Jr. College, Patni, V.S.Sarma, E O, ICSI Hy- 53 11.12.2017 Sec-bad 70 (IInd derabad Chapter. CS Issac Raj, P.G.Past Pendekanti Law College, 54 11.12.2017 Hyderabad Chairman Member - ICSI 120 Chikadpalli, Hyderabad Chapter Badruka Deg. College,K- CS Anil Kumar V. Company 55 11.12.2017 Hyderabad 45 achiguda Secretary Arora Degree College, CS Vikram Reddy P. Com- 56 12.12.2017 Hyderabad 120 Chikadpalli, pany Secretary in Practice Arora Degree College, CS Vikram Reddy P. Com- 57 14.12.2017 Hyderabad 100 Chikadpalli pany Secretary in Practice DVM Degree College, LB CS Anil Kumar V. Company 58 14.12.2017 Hyderabad 80 Nagar Secretary Keeyes Jr. College, CS Namitha V. Company 59 14.12.2017 Sec-bad 50 (1st Year, Sec-bad) Secretary in Practice Keeyes Jr. College, CS Namitha V. Company 60 14.12.2017 Sec-bad 55 (2nd Year, Sec-bad) Secretary in Practice Avanthi MBA College, Dsnr, CS Vikram Reddy P. Com- 61 14.12.2017 Hyderabad 45 Malakpet pany Secretary in Practice CS Kartik A. Company Sec- 62 15.12.2017 Chaitanya Jr. College, Tandur. Tandur 80 retary in Practice CS Issac Raj PG. SindhuDegree College, Opp: Past 63 15.12.2017 Tandur 120 Bustand, Tandur. Chairman Member - ICSI Hyderabad Chapter CS Issac Raj PG. Ambedkar Centenary Junior Past 64 15.12.2017 Tandur 80 College Chairman Member ICSI Hyderabad Chapter Govt. (W) Degree College, CS Namitha V. Company 65 16.12.2017 Hyderabad 50 (1st Year -, Begumpet Secretary in Practice Govt. (W) Degree College, CS Namitha V. Company 66 19.12.2017 Hyderabad 60 (3rd Year - B.Com., Begumpet Secretary in Practice Ideal Jr. College, Malakpet, CS Vikram Reddy P. Com- 67 19.12.2017 Near R.S.Brothers, (Ist Year Hyderabad 61 pany Secretary in Practice CEC), Hyd. Ideal Jr. College, Malakpet, CS Vikram Reddy P. Com- 68 19.12.2017 Near RS.Brothers, (IInd Year Hyderabad 40 pany Secretary in Practice CEC). Hyd. Ideal Degree College, CS Anil Kumar, Company 69 19.12.2017 Hyderabad 50 Dilshuknagar, (B.Com., Ist Year Secretary 39 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Ideal Degree College, CS Anil Kumar, Company 70 19.12.2017 Hyderabad 50 Dilshuknagar Secretary Pragathi Mahavidyalaya, Rajinish C Papet, Company 71 18.02.2017 Hyderabad 60 Hanuman Tekdi Secretary in practice Pragathi Mahavidyalaya, Rajinish C Papet, Company 72 20.12.2017 Hyderabad 70 Hanuman Tekdi Secretary in practice DBPM Degree College for CS S Balachandra S. Com- 73 20.12.2017 Hyderabad 50 (W), Opp: Appolo. pany Secretary in Practice St.Ann’s Degree College for CS S Balachandra S. Com- 74 22.12.2017 Hyderabad 70 (W), MP pany Secretary in Practice Andhra Mahila (W), Degree CS Anil Kumar V. Company 75 22.12.2017 Hyderabad 60 College, Barkatpura Secretary St. Ann’s (W), Degree Col- CS Namitha V. Company 76 22.12.2017 Hyderabad 70 lege, Malkajgiri Secretary in Practice St. Ann’s Girls Jr.College, CS Namitha V. Company 77 27.12.2017 Hyderabad 225 Malkajgiri Secretary in Practice Indian Institute of Manage- CS A.V.Rao, Company 78 27.12.2017 ment of Commerce, Lakdika- Hyderabad 50 Secretary in Practice pul Keshav Memorial Jr. College, CS Namitha, Company 79 28.12.2017 Hyderabad 50 Narayanaguda, Secretary in Practice Anibesent (W) Degree Col- CS Anil Kumar V. Company 80 28.12.2017 Hyderabad 66 lege, Secretary in Practice Avamti Deg & PG. College, CS Anil Kumar V. Company 81 30.12.2017 Hyderabad 45 Barkatpura, Hyd. Secretary in Practice Govt. Degree College (W), CS Venkata Ramana R. 82 30.12.2017 Hyderabad 40 Begumpet, Hyd Chairman ICSI Hyd. Chapter Arora Degree College, Chik- CS Anil Kumar O. Company 83 30.12.2017 Hyderabad 50 kadpalli, Secretary Hindu Deg. College, Sanath- CS Anil Kumar O. Company 84 30.12.2017 Hyderabad 50 nagar, Hyd. Secretary DVM Ambetkar Vocational CS Anil Kumar O. Company 85 30.12.2017 Hyderabad 60 Deg. College LB Nagar Secretary DVM Degree College, LB CS Anil Kumar O. Company 86 06.01.2018 Hyderabad 70 Nagar Secretary Hindu Degree College(W) CS Anil Kumar O. Company 87 06.01.2018 Hyderabad 50 Sanathnagar, Hyd. Secretary Hindu Degree College(W) CS Anil Kumar O. Company 88 08.01.2018 Hyderabad 70 Sanathnagar, Hyd Secretary Hindu Jr. College, Jr. Girls CS Anil Kumar O. Company 89 09.01.2018 Hyderabad 225 College, Sanathnagar, Hyd. Secretary

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 40 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

CS Venkata Ramana R. St. Pious X Degree College 90 09.01.2018 Hyderabad Chairman, ICSI Hyd. Chap- 50 for (W), Nacharam, Hyd ter Kranthi Jr. College,Wyra V. S. Sarma, E.O. ICSI 91 10.01.2018 Khammam 80 Rd,Khammam Hyderabad Chapter Geethanjali Degree College, V. Srinivas, Executive Ad- 92 10.01.2018 Khammam 90 Khammam min., ICSI Hyd. Chapter Kavitha Memorial Degree V. Srinivas, Executive 93 10.01.2018 College, NST Road, Neghu Khammam Admin., ICSI Hyderabad 80 Nagar, Khammam Chapter New Vision Jr. College, Wyra V. S. Sarma, E.O. ICSI 94 10.01.2018 Khammam 70 X Road, Khammam Hyderabad Chapter SR & BJR Govt. & Science V. S. Sarma, E.O. ICSI 95 11.01.2018 College, NAAC. Accredoted, Khammam 80 Hyderabad Chapter Khammam Govt. Jr. College, Enkoor, V. S. Sarma, E.O. ICSI 96 11.01.2018 Khammam 140 Khammam Hyderabad Chapter Orugallu Degree College, V.S. Sarma, E.O. ICSI 97 11.01.2018 Khammam 100 Enkoor, Khammam Hyderabad Chapter National Jr. College, Palon- V.S. Sarma, E. O. ICSI 98 11.01.2018 Khothagudem 150 cha, Kothagudem Hyderabad Chapter National Degree College, V.S. Sarma, E. O. ICSI 99 11.01.2018 Khothagudem 50 Paloncha, Kothagudem Hyderabad Chapter Ambetkar Centenary Col- Vikarabad CS Kartik A. Company Sec- 100 12.01.2018 60 lege, Vikarabad Dist retary in Practice Chaitanya Jr. College,Tan- Vikarabad CS Kartik A. Company Sec- 101 12.01.2018 100 dur, Vikarabad Dist retary in Practice Sindhu Degree College,Tan- Vikarabad CS Kartik A. Company Sec- 102 12.01.2018 125 dur, Vikarabad Dist retary in Practice Gouthami Degree College, Vikarabad CS Kartik A. Company Sec- 103 15.01.2018 80 Vidyanagar Dist retary in Practice Vikas Junioir College, Vi- Vikarabad CS Kartik A. Company Sec- 104 15.01.2018 90 karabad Dist retary in Practice Telangana State Model Vikarabad CS Kartik A. Company Sec- 105 15.01.2018 46 School & Jr.College, Yenepal Dist retary in Practice Methodist Degree College, 106 15.02.2018 Hyderabad CS Namita - Member 40 Abids, CS Kavita Rani S. - Chair- 107 16.02.2018 P.G. College, of Law O.U. Hyderabad 54 person, - ICSI Hyd. Chapter Sarada Vidyalaya Degree 108 17.02.2018 College for Women for Bom Hyderabad CS Anil Kumar - Member 40 - I st. Year

41 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Sarada Vidyalaya Degree 109 17.02.2018 College for Women, for Hyderabad CS Anil Kumar - Member 25 B.Com. IIIrd. Year CS Venkata Ramana R. 110 19.02.2018 B.J.R. Govt. Degree College Hyderabad 80 Member - ICSI Hyd. Chapter

Acknowledgements: The Managing Committee is glad to place on record its gratitude to the ICSI, New Delhi, President and Vice Presient and Council Members (Present & Past) of the ICSI, Secretary, the ICSI, and other Senior Officials of the Secretariat of the ICSI, the Dean and other officials of the ICSI–CCGRT, Navi Mumbai, Chairman, SIRC, Members of all Regional Councils and other Chapters, Chairmen and Members of the Regional Councils and Chapters. The Managing Committee places on record the services rendered by various members and invitees for their contribution to Chapter’s Newsletter ‘Corporate Secretary’ magazine by way of articles/features. The Managing Committee also conveys its sincere thanks to all the sub-committee Members, Faculty Members, Members and Students who were actively involved in the Chapter activities. The Managing Committee also expresses its sincere thanks to all VIPs and VVIPs, Government officials from MCA, Finance Ministry and other ministries of State and Central Government, representatives of the statutory bodies, judiciary authorities visited the chapter and chapter activities, supported to the chapter activities including the Private and Public Sector organizations, Govt. of Telangana The Managing Committee places on record its appreciation for the services being rendered by the members in conducting the Career Awareness Programmes in various places in Telangana The Managing Committee also expresses its thanks Print and electronic media for giving wide coverage about the Institute and profession and also the Sponsors & Advertisers for their support to The ICSI – Hyderabad Chapter... The Managing committee also conveys its thanks to the Statutory & Internal Auditors for extending their services to the Chapter. The Managing Committee also places on record its appreciation for the valuable services rendered by the Staff of the Hyderabad Chapter, Lastly the Managing Committee conveys its thanks to one and all who have helped the Chapter in its activities directly or indirectly.

Pace : Hyderabad, For and behalf of the Managing Commitee of Date : 29.05.2018 The ICSI- Hyderabad Chapter

CHAIRPERSON

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 42 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

INDEPENDENT AUDITOR’S REPORT

To The Members of The ICSI Hyderabad Chapter

Report on the Financial Statements We have audited the accompanying financial statements of INSTITUTE OF COMPANY SECRETARIES OF INDIA – HYDERABAD CHAPTER, which comprise the Balance Sheet as at March 31, 2018, and the Statement of Income and Expenditure Account for the year ended, and a summary of significant accounting policies and other explanatory information.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation of these financial statements that give a true and fair view of the financial position and financial performance of the Institute in accordance with accounting principles generally accepted in India. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatements in the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion and to the best of our information and according to the explanation given to us, the financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India:

43 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

(a) In the case of Balance Sheet, of the state of affairs of the Chapter as at March 31, 2018; (b) In the case of the Statement of Income and Expenditure, of the excess of Income over Expenditure of the chapter for the year ended on that date.

For MANOHAR CHOWDHRY AND ASSOCIATES Chartered Accountants Firm Regn No: 01997S

KSB Subramanyam Partner Membership No: 208981

Date: 27.04.2018 Place: Hyderabad

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 44 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

BALANCE SHEET AS AT 31st MARCH,2018 (Amount in Rs.) NOTE As at 31st March As at 31st March PARTICULARS NO. 2018 2017 I. SOURCES AND LIABILITIES (1) Reserves & Surplus (a) Reserve & Surplus 1 31,406,867 28,475,072 (b) Earmarked Funds 2 450,859 430,625 SUB-TOTAL (1) 31,857,726 28,905,697 (2) Non- Current Liabilities (a) Long Term Borrowings - - (b) Long Term Liabilities - - (c) Long Term Provisions - - SUB-TOTAL (2) - - (3) Current Liabilities (a) Short Term Borrowings - - (b) Sundry Creditors 3 31,615 16,615 (c) Other Current Liabilities 4 137,056 59,814 (d ) Short term Provisions 5 245,922 267,348 SUB-TOTAL (3) 414,592 343,777 TOTAL (1+2+3) 32,272,319 29,249,474 II. ASSETS (1) Non-current Assets (a) Fixed Assets 6 (i) Tangible Assets 438,561 434,464 (ii) Intangible Asssets 14,444 - (iii) Capital Work in Progress - - (iv) Intangible Assets under development 33,040 - SUB-TOTAL (a) 486,045 434,464 (b) Non-current Investments 7 12,777,349 18,852,808 (c ) Long Term Loan and Advances - - (d) Other Non-Current Assets - - SUB-TOTAL (1) 12,777,349 18,852,808 (2) Current Assets (a) Current Investments 8 16,381,964 7,977,303 (b) Inventories 9 78,864 63,637 (c ) Sundry Debtors 10 574,424 524,736

45 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

NOTE As at 31st March As at 31st March PARTICULARS NO. 2018 2017 (d) Cash and Cash Equivalents 11 682,517 669,153 (e) Short terms Loans and Advances 12 - - (f) Other current Assets 13 1,291,156 727,373 SUB-TOTAL (2) 19,008,926 9,962,202 TOTAL (1) + (2) 32,272,319 29,249,474 ACCOUNTING POLICIES AND OTHER NOTES TO THE 20 ACCOUNTS

Notes referred to above form an integral part of the Balance Sheet. As per our report of even date.

For Manohar Chowdhry & Associates For and on Behalf of Hyderabad Chapter of ICSI Chartered Accountants FRN : 01997S

K.S.B.Subramanyam V.S.Sarma CS. Kavitha Rani S CS. Rahul Jain Partner Executive Officer Chairperson Vice Chairman Membership No. 208981 CS. K.P.C.Rao Secretary & Treasurer Place : Hyderabad Date : 27-04-2018

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 46 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2018 (Amount in Rs.) PARTICULARS Note For the year ended No. 31st March 2018 31st March 2017 INCOME

Income from Activities 14 4,417,323 6,376,192 Interest on Investments 2,057,980 2,007,666

Other Income 15 173,993 353,083 TOTAL INCOME 6,649,296 8,736,941 EXPENDITURE

Employee Benefit Expense 16 128,443 146,959 Oral Eduction Expense 577,199 695,040

Travelling and Conveyance Expense 17 47,394 30,124 Programmes / Seminars Expense 18 2,048,030 3,263,654 Career Awareness and Promotion Expense - 70,578 Depreciation & Amortization 106,339 143,303

Other Expenses 19 802,845 1,135,181 TOTAL EXPENDITURE 3,710,251 5,484,840 Surplus before extraordinary & exceptional items 2,939,045 3,252,101 Add / Less : Extra Ordinary Items - - Add / Less : Exceptional Items - - Surplus on Disposal of Assets - - Loss on sale /Disposal /write-off of Assets - - Prior period expenses (net) - -

Surplus after extra ordinary & exceptional items 2,939,045 3,252,101 Appropriation to Funds / Reserves : (i) Building and Land Acquisition Reserve 1,000,000 1,000,000 (ii) - - (iii) - -

TOTAL APPROPRIATIONS 1,000,000 1,000,000 Balance transferred to General Reserve 1,939,045 2,252,101

TOTAL 2,939,045 3,252,101 ACCOUNTING POLICIES AND OTHER NOTES TO THE ACCOUNTS 20

Notes referred to above form an integral part of the Balance Sheet. As per our report of even date.

For Manohar Chowdhry & Associates For and on Behalf of Hyderabad Chapter of ICSI Chartered Accountants FRN : 01997S

K.S.B.Subramanyam V.S.Sarma CS. Kavitha Rani S CS. Rahul Jain CS. K.P.C.Rao Partner Executive Officer Chairperson Vice Chairman Secretary & Treasurer Membership No. 208981

Place : Hyderabad Date : 27-04-2018

47 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 1 RESERVES & SURPLUS (Amount in Rs.) As at 31st March As at 31st March PARTICULARS 2018 2017 (1) GENERAL RESERVE As per last Balance Sheet 16,790,846 14,534,432 Add : (i) Donations - 4,313 (ii) Transfer from any Specific /Other Reserve - - (iii) Additions during the year (mention specific source) - - Less : (i) Transfer to Specific / Other Reserves 3,000 - (ii) Utilisation (Purchase of furniture) 7,250 -

SURPLUS (Excess of Income over 1,939,045 2,252,101 Expenditure transferred from I&E A/c) Total (1) : 18,719,641 16,790,846 (2) OTHER THAN GENERAL RESERVES, IF ANY (2A) BUILDING & LAND ACQUISITION RESERVE As per last Balance Sheet 12,027,572 11,027,572 Add : Interest - - Add : Donations - - Add : Transfer from Reserves 3,000 - Add : Transfer from I&E Account 1,000,000 1,000,000 Less : Utilisation / transfer (mention specific purpose/nature) - - Sub-Total (2A) : 13,030,572 12,027,572 (2B) LIBRARY RESERVE As per last Balance Sheet Add : Interest Add : Donations Add : Transfer from Reserves Less : Utilisation / transfer (mention specific purpose/nature) Sub-Total (2B) : - -

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 48 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

As at 31st March As at 31st March PARTICULARS 2018 2017 (2C) INFRASTRUCTURE RESERVE As per last Balance Sheet Add : Interest Add : Transfer from Reserves Add : Transfer from I&E Account Less : Utilisation / transfer (mention specific purpose/nature) Sub-Total (2C) : - - (2D) OTHER RESERVE As per last Balance Sheet - - Add : Interest - - Add : Transfer from Reserves - - Add : Transfer from I&E Account - - Less : Utilisation / transfer (mention specific purpose/nature) - - Sub-Total (2D) : - - TOTAL (2) : 13,030,572 12,027,572 (3) CONTRIBUTION TO /FROM TOWARDS LAND & BLDG / OTHER ASSETS Add : Contribution (Liabilities) 375,359 375,359 Less : Contribution (Assets) 718,705 718,705 TOTAL (3) : Total : (1)+(2) +(3) : 31,406,867 28,475,072

49 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 2 EARMARKED FUND (Amount in Rs.) ENDOWMENT FOR PRIZE INFRASTRUCTURE FUND TOTAL AMOUNT PARTICULARS AWARD FUND 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 As per last Balance Sheet - - 430,625 413,931 430,625 413,931 Add: Contribution during the year ------Add: Transfer from Gen Reserve ------Add: Receipts during the year ------Add: Interest allocation - - 20,234 25,694 20,234 25,694 Sub-Total : - - 450,859 439,625 450,859 439,625 Less: Transfer to GR on utilisation - - - - - Less: Utilised during the year - - - 9,000 - 9,000 Balance as at the close of the year - - 450,859 430,625 450,859 430,625

Note - 3 SUNDRY CREDITORS (Amount in Rs.) As at 31st March As at 31st March PARTICULARS 2018 2017 Sundry Creditors - For Goods & Services - - - Others - - - Inter Unit Balance (for details pl see below) 31,615 16,615 Total : 31,615 16,615

Inter Unit Balance (Amount in Rs.) As at 31st March As at 31st March PARTICULARS 2018 2017 Payable to HQ - Sales Proceeds of HQ Publications - - - Advance from HQ - - - Others, if any 31,615 16,615 31,615 16,615 Receivable from HQ(Disclosed under other current assets) - Reimbursement (Item-wise) - - - TDS (year-wise) - - - - Total : 31,615 16,615

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 50 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

OTHER CURRENT LIABILITIES Note - 4 (Amount in Rs.) As at 31st March As at 31st March PARTICULARS 2018 2017 Other Current Liabilities (i) Fee received in advance from Members 23,305 - (ii) Fee received in advance from Students - - (iii) Security Deposits 5,500 4,000 (iv) Other Current Liabilities - Property Tax - - - TDS (Yearwise) 40,169 36,614 - Service Tax - - - Goods & Services Tax 43,752 - - Professional Tax 400 - - CSBF Fortnite 23,930 19,200 Total : 137,056 59,814

Note - 5 SHORT TERM PROVISIONS (Amount in Rs.) As at 31st March As at 31st March PARTICULARS 2018 2017 (i) Expense Payable a) Electricity Charges Payable 21,215 20,267 b) Water Charges Payable 3,412 1,735 c) Security Charges Payable 9,357 14,832 d) Courier Charges Payable - 5,767 e) Telephone Charges Payable 4,017 8,227 f) Other Expenses Payable 6,251 - (ii) Provision for expenses a) Faculty Honororium Payable 155,070 178,770 b) Audit fee 46,600 37,750 Total : 245,922 267,348

51 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 6 FIXED ASSETS (Amount in Rs.) Gross Block Depreciation / Impairment Net Block Rate of Cost Adjustment/ Total cost Total Adjustment/ Total Items Depre- For the As on as on as on Additions Transfer/ as on as on Transfer/ as on ciation Year 31.3.2018 31.3.2017 1.4.2017 Sale 31.3.2018 1.4.2017 Sale 31.3.2018

(i) Tangible Assets Furniture & Fixtures 10% 409,810 53,530 - 463,340 351,530 7,612 - 359,142 104,198 58,280 Computer Peripherals 40% 590,157 51,350 - 641,507 488,845 47,371 - 536,217 105,290 101,312 Mobile Phone 40% 18,790 - - 18,790 515 7,310 - 7,825 10,965 18,275 Cooling Equipment 15% 122,980 - - 122,980 57,971 9,751 - 67,723 55,257 65,009 Electrical Equipment 15% 120,585 - - 120,585 31,638 13,342 - 44,980 75,605 88,947 Office Machines and Communication 15% 745,345 - - 745,345 642,705 15,396 - 658,101 87,244 102,640 Equipment Other Equipment 15% ------Library Books 100% 167,023 - - 167,023 167,023 - - 167,023 - - Vehicles 20% ------Current Year Total (i) 2,174,690 104,880 - 2,279,570 1,740,226 100,783 - 1,841,009 438,561 434,464 Previous Year Total (i) 2,119,781 62,565 7,656 2,174,690 1,603,592 143,303 6,669 1,740,226 434,464 516,189 (ii) Intangible Assets Tally ERP Software 1/3 - 20,000 - 20,000 - 5,556 - 5,556 14,444 - Current Year Total (ii) - 20,000 - 20,000 - 5,556 - 5,556 14,444 - Previous Year Total (ii) ------Current Year Total (i+ii) 2,174,690 124,880 - 2,299,570 1,740,226 106,339 - 1,846,565 453,005 434,464 Previous Year Total (i+ii) 2,119,781 62,565 7,656 2,174,690 1,603,592 143,303 6,669 1,740,226 434,464 516,189

FIXED ASSETS CAPITAL WORK IN PROGRESS Gross Block Items Cost as on Total cost as on Additions Adjustment/ Transfer/ Sale 1.4.2017 31.3.2018 (iii) Capital Work in Progress Land under acquisition - - - - Buildings under construction - - - - Current Year Total (iii) - - - - Previous Year Total (iii) - - - - (iv) Intangible Assets under development Computer Software - - - - Mobile App - 33,040 - 33,040 Current Year Total (iv) - 33,040 - 33,040 Previous Year Total (iv) - - - -

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NON CURRENT INVESTMENTS Note - 7 (Amount in Rs.)

AS ON AS ON PARTICULARS ADDITIONS DELETIONS 01.04.2017 31.03.2018 I INVESTMNET IN GOVT. SECURITIES

SUB-TOTAL(I) : - - - - II INVESTMENT IN DEBENTURES / BONDS

SUB-TOTAL(II) : - - - - III INVESTMNET IN MUTUAL FUNDS SUB-TOTAL(III) : - - - - IV OTHER NON-CURRENT INVESTMENTS (A) Fixed Deposits in Banks (i) SBH, Anandnagar 11,989,422 800,000 4,010,225 8,779,197 (ii) SBH, Gunfoundry 700,000 598,452 700,000 598,452 (iii)Andhra Bank 6,163,386 - 2,763,686 3,399,700 SUB-TOTAL (IV-A) : 18,852,808 1,398,452 7,473,911 12,777,349 (B) Fixed Deposits with institutions other than Banks

SUB-TOTAL (IV-B) : - - - - (C) OTHERS (Specify nature)

SUB-TOTAL (IV-C) : - - - - TOTAL IV : 18,852,808 1,398,452 7,473,911 12,777,349 TOTAL (I+II+III+IV) : 18,852,808 1,398,452 7,473,911 12,777,349

53 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

CURRENT INVESTMENTS Note - 8 (Amount in Rs.) AS ON AS ON PARTICULARS ADDITIONS DELETIONS 01.04.2017 31.03.2018 I INVESTMNET IN GOVT. SECURITIES

SUB-TOTAL(I) : - - - - II INVESTMENT IN DEBENTURES / BONDS

SUB-TOTAL(II) : - - - - III INVESTMNET IN MUTUAL FUNDS

SUB-TOTAL(III) : - - - - IV OTHER CURRENT INVESTMENTS (A) Fixed Deposits in Banks (i) SBH, Anandnagar 6,265,966 7,821,149 3,400,000 10,687,115 (ii) SBH, Gunfoundry 553,101 700,000 553,101 700,000 (iii)Andhra Bank 1,158,236 3,836,613 - 4,994,849 SUB-TOTAL (IV-A) : 7,977,303 12,357,762 3,953,101 16,381,964 (B) Fixed Deposits with institutions other than Banks

SUB-TOTAL (IV-B) : - - - - (C) OTHERS (Specify nature)

SUB-TOTAL (IV-C) : - - - - TOTAL IV : 7,977,303 12,357,762 3,953,101 16,381,964 TOTAL (I+II+III+IV) : 7,977,303 12,357,762 3,953,101 16,381,964

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Note - 9 INVENTORIES (Amount in Rs.) PARTICULARS As at 31st March 2018 As at 31st March 2017 Publications (RO / Chapters own) 22,800 7,100 Consumables, Stores & Others (RO / Chap own) 56,064 56,537 Total : 78,864 63,637

Note - 10 SUNDRY DEBTORS (Amount in Rs.) PARTICULARS As at 31st March 2018 As at 31st March 2017 Sundry Debtors outstanding for more than six months Secured, considered good Unsecured, considered good Doubtful Less : Provision for Bad and Doubtful advance SUB-TOTAL (a) Others Sundry Debtors Secured , considered good Unsecured , considered good 574,424 524,736 Doubtful Less : Provision for Bad and Doubtful advance SUB-TOTAL (b) Total : 574,424 524,736

Note - 11 CASH AND CASH EQUIVALENTS (Amount in Rs.) PARTICULARS As at 31st March 2018 As at 31st March 2017 Balances with Bank (Including linked term deposits) 673,209 662,369 Cheques / Drafts / Postal Orders / Stamps / Franking Units in hand Cash in hand 9,308 6,784 Total : 682,517 669,153

55 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 12 SHORT TERM LOANS AND ADVANCES (Amount in Rs.) PARTICULARS As at 31st March 2018 As at 31st March 2017 SHORT TERM LOANS AND ADVANCES Secured, considered good - - Unsecured, considered good - - Doubtful

Less : Provision for Bad and Doubtful advance

Total :

Note - 13 OTHER CURRENT ASSETS (Amount in Rs.) PARTICULARS As at 31st March 2018 As at 31st March 2017 OTHER CURRENT ASSETS Accrued Interst on Current Investments Accrued Interst on Non-Current Investments 144,518 186,047 Prepaid Expenses 6,050 5,750 Security Deposit 29,144 29,144 GST Input Tax Credit 64,792 92,743 Recoverable from Parties / Vendors (with break up) 16,127 - Recoverable from Headquarter (with break up) - TDS 265,949 9,534 - Reimbursement (with break up) 764,577 404,155 Recoverable from RO / Chapters (with break up) Total : 1,291,156 727,373

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 56 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 14 INCOME FROM ACTIVITIES (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Income from Students Oral Education Fee 1,048,800 1,304,250 Other Fees : Library Annual Subscription 1,500 750 Library Fine - 1,050,300 - 1,305,000

Sale of Publications (RC /Chap own) 27,559 29,936

Programmes / Seminars From Members - Interactive Sessions 1,805,964 3,111,048 - Others 702,400 2,508,364 From Students - Oral education - Students Training Programmes 831,100 1,837,800 - Others - 831,100 92,408 1,930,208

Total : 4,417,323 6,376,192

Note - 15 OTHER INCOME (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Subscription to Newsletter Incentive on Investments - Investor Awarness Programmes - 34,902 Provision no longer required, written-back - - Donations - General - - Rent - - Grants received from Headquarters 64,010 211,390 Grants received from Regional Office - - Unpaid Security Deposits / EMD / Retention Mon- ey/ Stale Cheques Interest on Fixed Deposit Interest on Saving Bank 31,229 63,551 Miscellaneous 78,754 43,240 Total : 173,993 353,083

57 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 16 EMPLOYEE BENEFIT EXPENSE (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Salaries and Allowances a) Overtime Allowance 55,533 86,100

Staff Welfare a) Staff welfare 41,500 29,599 b) Tea (canteen and others ) 31,410 72,910 31,260 60,859

TOTAL 128,443 146,959

Note - 17 TRAVELLING AND CONVEYANCE EXPENSE (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Travelling Expenses 2,824 2,884 Conveyance Expenses 44,570 27,240

TOTAL 47,394 30,124

Note - 18 PROGRAMMES / SEMINAR EXPENSES (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Programmes / Seminars of Members a) Interactive Sessions 1,317,003 1,828,920 b) Meetings with presidents 36,546 51,935 c) Other programmes 293,075 1,646,624 151,079 2,031,934 Programmes / Seminars of Students a) Students Training Programmes 384,932 1,058,122 b) Other Programmes 16,475 401,407 173,598 1,231,720

TOTAL 2,048,030 3,263,654

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 58 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Note - 19 OTHER EXPENSES (Amount in Rs.) For the year ended PARTICULARS 31st March 2018 31st March 2017 Stationery 88,887 125,046 Newsletter 16,020 36,412 Legal and Professional Services 13,500 - Rent, Rates and Taxes 288 363 Electricity and Water 142,468 214,753 Communication Expense - Telephone / Fax 69,049 121,673 - Courier / Postage 20,717 89,766 17,703 139,376 Insurance - - Repairs and Maintenance - Buildings 8,230 6,258 - Computer 22,472 - Other Assets 8,888 24,894 - Vehicles - Office Expenses 207,313 284,180 Newspapers and Periodicals 9,230 10,330 Meeting expenses 113,060 114,206 Computerisation (Data Processing) 22,500 6,038 Prior-period expenses - - Packing and Despatch - - Loss on Sale/ Disposal/Write-off of Assets - Loss/Write-off of Stocks - 749 Bank Charges 9,696 3,431 Student Scholarship and Awards - - Auditors Remuneration (including Taxes) - - Statutory Audit Fees 25,000 32,375 - Statutory Auditor Other Services - Internal Audit Fees 48,000 50,000 Investor Awarness Programmes - 34,902 TDS / Income Tax Recoverable written off 29,397 Bad Debts - - Provision for Bad/Doubtful Debts - -

TOTAL 802,845 1,135,181

59 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

GROUPING SHEET (Amount in Rs.) Particulars 2017-18 2016-17 Sundry Creditors (Partywise) 1 Inter Unit balance Receivable from HQ - - Payable to HQ 31,615 16,615 Total 31,615 16,615 Security Deposits (Partywise) 1 Sec.Deposit Telephones 18,540 18,540 2 Sec.Deposit Electricity 10,604 10,604 3 Total 29,144 29,144 Advance from Headquarter (Itemwise) 1 2 3 Advance from RO /Chapter (Nature of Advance) - - 1 2 3 Total - - Sundry Debtors (Partywise) 1 India island tourism 300,000 300,000 2 Advance for HQ Publications 9,755 3 Receivable from MCA towards IAP 62,359 199,736 4 Other program expenses receivable 25,000 25,000 5 SIRC-PCS Conference Receivable 160,051 Total 557,165 524,736 Balance with Bank (Bankwise) 1 State Bank Of Hyderabad 271,501 141,245 2 ICICI Bank 401,709 492,424 3 FD With Bank - SBI., Anandnagar 19,466,312 18,255,388 4 FD With Bank - SBI., Gunfoundry 1,298,452 1,253,101 5 FD With Bank - Andhra Bank 8,394,549 7,321,622 Total 29,832,522 27,463,780 Short Term Loans & Advances 1 2 3 Total - -

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 60 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 Recoverable from Headquarter 1 Amount Receivable from ICSI-New Delhi 1,013,911 398,787 2 Amount Receivable from ICSI- Commission from sale of publications - 6,368 3 4 1,013,911 405,155 Total 2017-18 2016-17 Recoverable from RO / Chap 1 2 3 4 Total - - Sale of Publications (Itemwise) 1 Insolvency and Bankruptcy Code, 2016 14,080 - 2 3 4 5 Total 14,080 - Receipt for Members Programmes 1 10Th Residential Programme 119,750 2 Annual Participation Scheme Fee 511,655 807,700 3 Focussed Group Discussion On Competition Commission 9,558 4 Half Day Seminar On Modern Co Sec In Tech World 19,500 5 Half Day Seminar On Mom&A On Nclt Mech 19.01.17 82,300 6 Half Day Seminar On Gstn 25.01.17 46,100 7 Half Day Seminar On Opp.Chlngs For Cs & Drafts 39,100 8 Icsi It - Legal National Conclave - 08.03.2016 74,223 9 Joint Seminar On Budget Analysis On 02.03.2016 1,750 10 Joint Seminar Bussiness Collaboration @ Acsi 36,400 11 Joint Seminar On Comm Edu With Ou On 27&28 Feb 21,000 12 National Program On Women Entrepreneurship 336,115 13 National Seminar On Nclt On 10.09.2016 190,350 14 Research Embarking Upon Voyage Of Research 1 57,500 15 Research Embarking Upon Voyage Of Research 2 - 16 S.C Meeting On 18.02.2017 9,100 17 S.C Meeting On 23.02.2017 5,100

61 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 18 Seminar On Draft Co Amendment Rules 2016 2,287 19 Seminar On Harnessing Skills & Harvest Results 88,250 20 Seminar On Insolvency & Bankruptcy Co Bill 48,500 21 Seminar On Nclt I - 09.04.2016 34,200 22 Seminar On Nclt Ii - 16.04.2016 41,400 23 Seminar On Nclt Iii - 23.04.2016 20,000 24 Seminar On Sebi Listing Regulations 2015 On 29.12.2016 250,000 25 Seminar On Transcending Horiz - Capital Market 154,500 26 Work Shop On Csr @ Nimsme On 30.03.2017 153,800 27 Work Shop On Gst By Iacc On 14.10.2016 8,000 28 Seminar On Insolvency & Bankruptcy Code With Hq 23.03.2017 200,265 29 Workshop On Indian Securities Market @ Nalsar 126,100 30 Annual Fellowship Meet 43,489 128,200 31 11Th Residential Prog. @ Pragati Resort On 27 & 28 .05.17 206,188 33 Brain Stroming Sessions On Ibc From 08Th To 12Th Jan’18 42,372 34 Cricket Match For Students & Members 25,000 35 Disscussion Meeting On Critical 18 & 25.06.2017 5,748 36 Fullday Seminar On Emrgng Areas For Pcs On 15.06.17 79,278 37 Full Day Seminar On Fema On 03.03.2018 120,795 38 Halfday Seminar On Pvt Eqty Fndng 06.05.17 24,087 39 H/D Seminar On Af & Ss On 14.10.2017 36,366 40 H/D Seminar On Co. Bill On 10.08.2017 79,434 41 H/D Seminar On (Cods) @ Nkm Grand 24.01.2018 111,356 42 H/D Seminar On Court Etiquettee On 24.02.2018 35,562 43 H/D Seminar On Gst On 02.09.17 11,977 44 H/D Seminar On Nclt On 11.11.2017 45,373 45 Research Meeting On 10,17,24,31 May & 21 Jun 12,704 46 S.C.Meeting On Sexual Hrassment 27.04.2017 2,139 47 Seminar On Ibc On 20.05.2017 125,148 48 Seminar On It Ites Conclave @ Vbit On 16.11.17 55,212 49 Seminar On Structuring Of Smes On 17.01.2018 60,303 50 Training Prog. On Ibc From 01St To 5Th Aug’17 31,780 51 Workshop On Corp. Res. Process On 02.06.2017 31,087 52 Workshop On Gst @ Cess On 08.07.2017 65,498 53 Workshop On Ipr On 26.04.2017 43,413 Total 1,805,964 3,111,048

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 62 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 Receipt for Students Programmes 1 18Th Msop 187,500 2 19Th Msop 150,000 3 21 Edp 14.06.2017 To 22.06.2017 49,300 4 2Nd Entrepreneurship Development Programme 40,000 5 4Th Psdp 16.08.2017 To 20.08.2017 64,000 6 5Th Pegp 03.08.2017 To 05.08.2017 55,300 7 6Th Egp 26Th To 28Th Mar’18 99,000 8 6Th Two Days Induction Prog 10Th & 11Th July’17 31,500 9 7Th Two Days Induction Prog 6Th & 7Th Oct’17 18,000 10 8Th Two Days Induction Prog 2Nd & 3Rd Mar’18 39,000 11 Adavnce For 3Rd Edap Training Progr. 24,000 12 Advance Fee Received -20Th Msop 7,500 13 Advance For 5Th Psdp Traing Prog. 60,000 14 Advance For 7Th Egp Training Prog. 3,000 15 Advance For 9Th Two Day Induction Prog. 3,000 16 80Th Batch Foun Pro. 44,000 17 81St Foundation O.C 80,000 18 82Nd Batch Executive Pro. Both 114,000 19 82Nd Batch Executive Pro.Mod-I 125,000 20 82Nd Batch Executive Pro.Mod-Ii 145,000 21 83Rd Batch Executive Pro.Mod-Both 199,500 22 83Rd Batch Executive Pro.Mod-I 180,000 23 83Rd Batch Executive Pro.Mod-Ii 115,000 24 Spl Lecture / Refresher Class 46,300 25 14Th Msop 7,500 26 15Th Msop 525,000 27 16Th Msop 307,500 28 17Th Msop 166,500 29 18Th Msop 7,500 30 19 Edp 11,500 31 20 Edp 75,400 32 3Rd Two Days Induction Prog 22,500 33 4Th Two Days Induction Prog 52,500 34 5Th Two Days Induction Prog 29,500 35 3Rd Pegp 127,000 36 4Th Pegp 70,000 37 5Th Pegp 45,000

63 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 38 1St Psdp 2,500 39 2Nd Psdp 165,500 40 3Rd Psdp 64,000 41 1St Entrepreneurship Development Programme 158,400 42 Student Program On Companies Act On 22.04.2016 3,900 43 Student Seminar On Gst On 31.08.2016 11,000 44 Career Awareness Programmes 77,508 45 78Th Foundation O.C 88,000 46 79Th Foundation O.C 68,000 47 80Th Batch Executive Program Both Modules 242,750 48 80Th Batch Executive Program Module - I 330,000 49 80Th Batch Executive Program Module - Ii 100,000 50 81St Batch Executive Program Both Modules 228,000 51 81St Batch Executive Program Module - I 212,500 52 81St Batch Executive Program Module - Ii 35,000 Total 1,879,900 3,234,458 Receipt for Investor Awareness Programme 1 2 3 Total - - Provision no longer required written back 1 2 3 Total - - Details of Prior period Income: 1 2 3 4 Total - - Grants received from Headquarters 1 Development Grant 64,010 80,390 2 Grant for Rent 60,000 3 Grant for Electricity /Water 36,000 4 Grant for Telephone - 5 Grant for Society Maintenance -

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 64 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 6 Grant for Library Books - 7 Grant for best Region / Chapter Awards - 8 Grant for Sale of Publications 26,479 - 9 Travelling Grant - Total 90,489 176,390 Grants received from RO 1 Activity Grant 2 3 4 Total - - Miscellaneous Income 1 Interest on savings bank account-ICICI 31,229 63,551 2 Miscellaneous receipts 78,754 43,240 3 Profit on sale of asset 61 4 Receipts for Visit to SEBI - 5 6 Total 109,983 106,852 Expenses on Students Specific Programmes 1 18Th Msop 137,532 2 19Th Msop 90,441 3 21 Edp 14.06.2017 To 22.06.2017 37,335 4 2Nd Entrepreneurship Development Programme 16,195 6 4Th Psdp 16.08.2017 To 20.08.2017 24,493 7 5Th Pegp 03.08.2017 To 05.08.2017 24,062 8 6Th Egp 20,069 9 6Th Two Days Induction Prog 10Th & 11Th July’17 11,380 10 7Th Induction Programme 9,333 11 8Th Two Days Induction Prog 14,092 12 80Th Batch Faculty Honorarium For Foun.Prog 61,600 13 81St Batch Faculty Honorarium For Foun.Prog 87,900 14 82Nd Batch Faculty Honorarium For Ex.Prog 218,250 15 83Rd Batch Faculty Honorarium For Ex.Prog 173,850 16 Mock Test For June 2017 Exams 1,125 17 O.C.Expenses (Misc.) 3,529 18 Oral Coaching Faculty Meeting 615 19 Spl Lecture / Refresher Class 30,330

65 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 20 All India Company Law Quiz 5,810 21 Elocution Competition 5,546 22 Other Programmes & Competitions 1,049 23 S.C.Meeting On 15.04.17 270 24 Success \Meet 2,990 25 Students Month July 2017 810 26 14Th Msop 900 27 15Th Msop 340,465 28 16Th Msop 197,666 29 17Th Msop 98,017 30 18Th Msop - 31 19 Edp 66,890 32 20 Edp 77,184 33 3Rd Two Days Induction Prog 22,855 34 4Th Two Days Induction Prog 13,158 35 5Th Two Days Induction Prog 12,033 36 3Rd Pegp 39,760 37 4Th Pegp 24,596 38 5Th Pegp - 39 1St Psdp 1,000 40 2Nd Psdp 49,040 41 3Rd Psdp 24,820 42 1St Entrepreneurship Development Programme 89,738 43 78Th Foundation O.C - 44 79Th Foundation O.C - 45 80Th Batch Executive Program Both Modules - 46 80Th Batch Executive Program Module - I 5,000 47 80Th Batch Executive Program Module - Ii - 48 81St Batch Executive Program Both Modules - 49 81St Batch Executive Program Module - I - 50 81St Batch Executive Program Module - Ii - 51 77Th Batch Faculty Honorarium For Foundation Program 27,200 52 78Th Batch Faculty Honorarium For Foundation Program 62,060 53 79Th Batch Faculty Honorarium For Executive Program 45,900 54 79Th Batch Faculty Honorarium For Foundation Program 112,000 55 80Th Batch Faculty Honorarium For Executive Program 216,930 56 81St Batch Faculty Honorarium For Executive Program 223,200 57 O.C Expenses Miscalleneous 2,750

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 66 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 58 Cricket Tournament On 07.08.2016 For Foundation 13,448 59 Elocution Competetion 6,797 60 Gender Diversity In Brd Rm With President Isci 1,630 61 Indoor Games To Students & Members 1,230 62 Pcs Day On 15.06.2016 8,691 63 Quiz Programmes & Others 14,673 64 Student Skill Quest On 24.02.2017 7,030 65 Success Meet 697 66 Youth Skill Day On 15.07.2016 105,763 67 Van Mahotsav On 01.07.2016 2,360 68 President Meet With Students 12.07.2016 12,104 69 Student Program On Companies Act On 05.07.2016 11,550 70 5K Walk On Gst 21.08.2016 -21,781 71 Career Awareness Programmes -6,930 72 Student Program On Companies Act On 22.04.2016 3,900 73 Student Seminar On Gst On 31.08.2016 11,000 74 76Th Batch Foundation Programme - 75 77Th Batch Executive Pro.Mod-I - Total 978,606 1,925,324 Expenses on Members Specific Programmes 1 Interactive Meeting With Nclt 4,225 2 Van Mahotsav 360 3 11Th Residential Prog. @ Pragati Resort On 27 & 28 .05.17 261,616 4 5K Run 2017 1,006 5 Andaman Residential Prog. 2016 5,000 6 Annual Fellowship Meet 94,862 7 Blood Donation Programme 3,377 8 Brain Stroming Sessions On Ibc From 08Th To 12Th Jan’18 11,545 9 Budget Analysis Meeting With Cma On 02.02.18 6,252 10 Cricket Match For Students & Members 52,221 11 Disscussion Meeting On Critical 18.06.2017 4,090 12 Disscussion Meetings 9,444 13 Foundation Day Celebrations - 10Th August 111,515 14 Fullday Seminar On Emrgng Areas For Pcs On 15.06.17 50,672 15 Full Day Seminar On Fema On 03.03.2018 74,191 16 Gst Awareness Programme 09.07.17 59,322 17 Gst Launch Celebrations 01.07.2017 5,307 18 Halfday Seminar On Pvt Eqty Fndng 06.05.17 18,977

67 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 19 H/D Seminar On Af & Ss On 14.10.2017 30,010 20 H/D Seminar On Co. Bill On 10.08.2017 103,700 21 H/D Seminar On (Cods) @ Nkm Grand 24.01.2018 62,050 22 H/D Seminar On Court Etiquettee On 24.02.2018 40,494 23 H/D Seminar On Gst On 02.09.17 6,191 24 H/D Seminar On Nclt On 11.11.2017 25,746 25 Health Camp On 07.04.2017 7,460 26 Inauguration Of Cs Chamber @ Nclt 01 & 30 12.17 9,751 27 Independence Day Celebrations 5,739 28 Indoor Games For Students & Members 21,041 29 In-House Capacity Building Trng Prog. Gmr Airport 502 30 Interactive Meeting On 02.06.2017 @ Nkm Grand 9,344 31 Interactive Meeting With Roc On 21.04.17 3,270 32 Interactive Meet On 04.11.17 950 33 Interactive Meet With Roc @ Ramkrishna Matt On 09.11.17 31,092 34 International Yoga Day 10,000 35 Jt Seminar Fin. Res. & Dep. Ins. Bill With Icwa On 03.01.18 3,225 36 Republic Day Celebrations 4,878 37 Research Meeting On 10.05.17 3,770 38 S.C.Meeting On 06.01.2018 1,843 39 S.C.Meeting On 17.02.2018 2,140 40 S.C.Meeting On 31.01.2018 1,351 41 S.C.Meeting On Sexual Hrassment 27.04.2017 400 42 Seminar On Ibc On 20.05.2017 111,869 43 Seminar On It Ites Conclave @ Vbit On 16.11.17 107,108 44 Seminar On Structuring Of Smes On 17.01.2018 29,761 45 Study Circle Meetings 2,704 46 Training Prog. On Ibc From 01St To 5Th Aug’17 14,673 47 Udai Divas 2018 5,982 48 Womens Prog. Jointly With Icai & Icwa On 08.03.18 30,225 49 Workshop On Corp. Res. Process On 02.06.2017 30,535 50 Work Shop On Csr @ Nimsme On 30.03.2017 36,140 51 Workshop On Gst @ Cess On 08.07.2017 49,757 52 Workshop On Ipr On 26.04.2017 24,847 53 S.C.Meeting On 06.07.17 970 54 S.C.Meeting On 28.03.18 786 55 Budget Analysis Meeting With Cma On 02.02.2017 6,925 56 Interactive Meeting With Roc 03.12.2016 2,510

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 68 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 57 Meeting On Income Declaration Scheme @ It Office 1,896 58 Issues On Mca Portal On 24.05.2016 288 59 Joint Seminar Budget Analysis On 02.03.2016 -1,543 60 National Seminar On Corporate Laws & Challenges To New -39,840 61 Annual Fellowship Meet 192,470 62 10Th Residential Programme 148,117 63 Annual Participation Scheme Fee - 64 Focussed Group Discussion On Competition Commission 7,958 65 Half Day Seminar On Modern Co Sec In Tech World 9,112 66 Half Day Seminar On Mom&A On Nclt Mech 19.01.17 53,810 67 Half Day Seminar On Gstn 25.01.17 44,202 68 Half Day Seminar On Opp.Chlngs For Cs & Drafts 39,806 69 Icsi It - Legal National Conclave - 08.03.2016 - 70 Joint Seminar On Budget Analysis On 02.03.2016 - 71 Joint Seminar Bussiness Collaboration @ Acsi 36,400 72 Joint Seminar On Comm Edu With Ou On 27&28 Feb 15,747 73 National Program On Women Entrepreneurship 330,379 74 National Seminar On Nclt On 10.09.2016 184,061 75 Research Embarking Upon Voyage Of Research 1 58,604 76 Research Embarking Upon Voyage Of Research 2 29,292 77 S.C Meeting On 18.02.2017 3,549 78 S.C Meeting On 23.02.2017 2,604 79 Seminar On Draft Co Amendment Rules 2016 - 80 Seminar On Harnessing Skills & Harvest Results 68,278 81 Seminar On Insolvency & Bankruptcy Co Bill 42,082 82 Seminar On NCLT I - 09.04.2016 49,556 83 Seminar On NCLT II - 16.04.2016 32,998 84 Seminar On NCLT III - 23.04.2016 21,331 85 Seminar On SEBI Listing Regulations 2015 On 29.12.2016 - 86 Seminar On Transcending Horiz - Capital Market 155,370 87 Work Shop On CSR @ NIMSME On 30.03.2017 86,863 88 Work Shop On GST By Iacc On 14.10.2016 8,140 89 Seminar On Insolvency & Bankruptcy Code With HQ 23.03.2017 118,350 90 Andaman Residential Programme In December 17,001 91 Joint Seminar On Business Collaboration @ ACSI 36,400 92 Workshop On Indian Securities Market @ NALSAR 102,604 93 President Dinner With Members 12.07.2016 47,793 94 President Meet With Members 12.07.2016 21,040

69 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 95 President Meet With Press 03.08.2016 -8,847 96 President Meet With Press 12.07.2016 -8,051 97 Foundation Day Celebrations - 10Th August 102,609 98 Foundation Month Inaguration 03.08.2016 7,580 99 Independence Day Celebrations 21,476 100 International Yoga Day 21.06.2015 & 2016 12,195 101 President Visit 16,568 102 Republic Day Celebrations 5,763 103 Secretary & Council Members Visit 9,222 104 Students Program On Sebi Financial Educational 2,836 105 Swatch Bharath Mission 1,340 106 ICGD Pan India Program Expenses 83,895 107 ICSI Primier Bk On Co Act Research 10 To 11 Sept 2016 4,657 108 Research Meet On Reports Of The Law Committee -112,287 109 Womans Program On Woman’S Day @ IPE 08.03.17 462 110 Disciplinary Committee On 07.10.2016 -6,137 111 Woman’s Day Safety & Security Woman In Cyber 900 Total 1,604,286 2,068,334 Legal & Professinal Services 1 Legal and professional expenses 13,500 - 2 3 Total 13,500 - Rent, Rates & Taxes 1 Rates and taxes 288 363 2 3 4 Total 288 363 Electricity & Water 1 Qtr 46,095 61,583 2 Qtr 51,183 62,089 3 Qtr 46,901 36,309 4 Qtr 58,289 54,772 Total 202,468 214,753 Office Expenses 1 Office expenses - Crockery 510 7,314 2 Audit expenses 18,101 11,263

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 70 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Particulars 2017-18 2016-17 3 Best Chapter award - 29,930 4 Rounded off 3 5 General office expenses 391,484 - 6 Books and periodicals Total 410,095 48,510 Details of Prior period Expenses: 1 2 3 4 Loss on sale /disposal of assets 1 Electrical equipments 246 2 Computer peripherals 1 3 Furniture and fixtures 502 4 Total - 749 Auditors Fee 1 Internal Audit Fee 48,000 32,375 2 Statutory Audit Fee 25,000 50,000 3 Statutory Auditor Other Services Total 73,000 82,375 Investor Awareness Programmes 1 RD (E/N/W/S) 2 MCA 62,359 199,736 3 Headquarters Total 62,359 199,736

71 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA

NOTE - 20 ACCOUNTING POLICIES AND NOTES TO ACCOUNTS

(A) ACCOUNTING POLICIES 1. Basis of Preparation of Financial Statements The Financial Statements are drawn up on historical cost basis and have been prepared in accordance with applicable Accounting Standards issued by the Institute of Chartered Accountants of India and are on accrual basis unless otherwise stated. The Financial statements, Accounting Policies and Notes to Accounts are prepared in the format as provided by the ICSI HQ irrespective of the applicability of the same to the Hyderabad Chapter of ICSI. 2. Uses of Estimates The preparation of Financial Statements requires some estimates which affect the reported amounts of assets and liabilities on the date of Financial Statements and the reported amount of revenues and expenses during the year. Difference between the actual result and estimates are recognized in the period in which results are known/ materialized 3. Revenue Recognition a. The Entrance Fee is collected at the time of admission of a person as a Member and is directly credited to “Capital Reserve”. – Not Applicable to ICSI, Hyderabad Chapter. b. Fees received from Members are accounted for on cash basis. However, fees received in advance are carried over as a liability - Not Applicable to ICSI, Hyderabad Chapter. c. Fee from students is recognized on cash basis - Not Applicable to ICSI, Hyderabad Chapter. d. Examination fee is recognized on the basis of conduct of examination - Not Applicable to ICSI, Hyderabad Chapter. e. Revenue from sale of publications is recognized at the time of preparing the sale bill, ie. when the property in goods as well as the significant risks and rewards of the property get transferred to buyer. f. Income from Investments i) Dividend on investments is recognized on receipt basis - Not Applicable to ICSI, Hyderabad Chapter. ii) Income on interest-bearing securities and fixed deposits is recognized on a time proportion basis taking into account the amount outstanding and the rates applicable. g. Receipt of money for specific sponsored Programmes is recognised on a systematic basis in the Income & Expenditure Account over the periods necessary to match them with the related costs which they are intended to compensate. Unspent balance of such receipts, if any, is carried to next year. 4. Investments a. Long term Investments are carried at cost and diminution in value, other than temporary, is provided for. b. Current investments are carried at lower of cost or fair value.

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 72 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

5. Fixed Assets / Depreciation and Amortization a. Fixed Assets excluding Land are stated at historical cost less depreciation. b. Freehold land is stated at cost. Leasehold land is stated at the amount of premium paid for acquiring the lease rights. The premium paid on leasehold land is amortized over the period of lease - Not Applicable to ICSI, Hyderabad Chapter. c. Depreciation is provided on the Written Down Value method at the following rates as approved by the Council, based on the useful life of the respective assets :

Item % Buildings 5 Furniture and Fixtures 10 Lifts/AirConditioners/Other Equipments 15 Vehicles 20 Computers / Mobile Phones 40 Library Books 100 d. Depreciation on additions to Fixed assets is provided on monthly pro-rata basis. No depreciation is charged in the year of sale. e. Fixed Assets costing Rs.5,000 or less are fully depreciated. f. Library books are depreciated at the rate of 100% in the year of purchase. g. Intangible Assets (Software) are amortized equally over a period of three years. 6. Impairment of Assets The carrying amounts of assets are reviewed at each Balance Sheet date if there is an indication of impairment based on internal / external factors. The impairment loss is recognized wherever the carrying amount of an asset exceeds its recoverable amount. The recoverable amount is higher of asset’s net selling price or value in use. In assessing the value in use, the estimated future cash flows are discounted to their present value at the weighted cost of capital. 7. Inventories Inventories of Consumables, Publications, Study Materials, etc. are valued at lower of cost or net realizable value. The cost is determined on FIFO basis. 8. Provisions A provision is recognized when an enterprise has a present obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions are not discounted to its present value and are determined based on best estimate required to settle the obligations at the Balance Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. 9. Contribution to Approved Funds Allocation /Contributions to ICSI Students Education Fund Trust, ICSI National Award for Corporate Governance, ICSI Employees Medical Hospitalization Trust, Company Secretaries Benevolent Fund, ICSI Employees Benevolent Fund, Performance-related Incentive Fund and Infrastructure Fund, Professional

73 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Development Fund are made based on the amount as approved by the Council from time to time. 10. Allocations / Transfer to Reserves and Surplus and Earmarked Funds a. Corpus donation / donation for Building & Other Specific Fund received during the year is directly taken to such Reserve. b. Income from investment of earmarked funds is allocated to the respective earmarked funds on actual basis and the amount utilized there from is debited to such funds. 11. Old outstanding amounts under the heads of ‘Earnest Money Deposits, Retention Money, Security Deposits and Stale Cheques’ Earnest Money Deposits, Retention Money, Security Deposits and Stale Cheques remaining unpaid for more than three years after the due date for payment, wherever applicable, is treated as income. (B) NOTES TO ACCOUNTS 1. Contingent Liability - Nil 2. Prior Period Income / Expenditure - Nil 3. Capital Commitments - Nil 4. Other Commitments – A building namely “Centre of Excellence” is built at Uppal, Hyderabad and payments are made/ expenses are incurred by the Chapter on behalf of Head Office and later on these payments/ expenses are reimbursed by the Head Office. An amount of Rs 2,29,196/- is receivable from Head Office as on 31-03-2018 towards various expenses. 5. Donation in kind– Nil 6. The existing “Building Reserve Fund” has been renamed as “Building and Land Acquisition Reserve”. During the year an amount of Rs.10,00,000/- has been appropriated from the Surplus arisen out of Income & Expenditure account to the “Building and land Acquisition Reserve”. 7. Related Party Transactions a. Names of related parties and description of relationship

Nature of Relationship Name of the Related Party Chairperson CS Kavitha Rani Sakhamuri Vice Chairperson CS Rahul Jain Secretary& Treasurer CS K. P. C. Rao Managing Committee Member CS R Venkata Ramana

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 74 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

Managing Committee Member CS MahadevTirunagari Managing Committee Member CS Issac Raj P. G. Managing Committee Member CS Venkata Ravi Kumar Mandavilli Ex Officio Managing Committee Member CS Ahalada Rao V Ex Officio Managing Committee Member CS R. Ramakrishna Gupta Ex Officio Managing Committee Member CS P. S. Shastry B.Summary of transactions with aforesaid parties

Name of the Related Party Nature of transaction Amount in Rs CS Issac Raj P G Honorarium Paid for student programs 6,000 CS R Ramakrishna Gupta Honorarium Paid for student programs 1,500 CS Rahul Jain Honorarium Paid for student programs 9,000 CS Ravi Kumar Mandavili Honorarium Paid forstudent programs 2,500 CS Rahul Jain Honorarium Paid for classroom teaching 35,235 CS Kavitha Rani Sakhamuri Honorarium Paid for student programs 1500 8. Stock of Head Office The method of accounting for Stock of Publications received from ICSI, New Delhi has been changed to Consignment stock method from 1990-91. Therefore, the closing stock of publications as well as study material held on account of ICSI, New Delhi, as on 31.03.2018 have not been shown in financial statements. The Details of publications received from HO, sold/issued by chapter during the year 2017-18 and lying in stock as on 31.03.2018 are as under.

Particulars of Publications / Study Materials 2017-18 2016-17 A. Opening Stock 1,83,360 2,76,386 B. Add: Stock received during the year 3,98,158 5,75,330 Stock Adjustment

75 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

C. Less: Stock sold during the year 3,97,086 5,10,284 Stock issued 24,900 13,464 Weeding out /Excluding during the year Transfer from old stock to new stock 63,576 1,44,608

- -

Closing Stock (A+B-C) 95,956 1,83,360 The above stocks are shown at sale value of the publications. The above stock is subject to reconciliation & confirmation by Head Office. 9. Details of Depreciation Depreciation on Fixed Assets for the year 2017-18 comprises of two components, namely (1) Depreciation at normal rates stated in Para 5(c) of Part A above, (2) Items costing Rs.5,000 or less bought during the year and depreciated at 100%. (3) Items with Written Down Value less than Rs.250 as on 01st April, 2017 was fully depreciated in the current year. Accordingly the details of computation of depreciation on fixed assets for the year 2017-18 are as under:

Fixed Assets cost- Depreciation ing Rs.5,000 or less Asset Rate at normal bought during the Total rates year and fully depreci- ated during the year Rs. Rs. Rs. 1.Furniture and Fixtures 10% 7,612 - 7612 2.Library Books 100% - - - 3.Office &communication 15% Equipment 15,396 - 15,396 4.Computer Networks 40% 47,371 - 47,371 5.AC Installation & Coolers 15% 9,751 - 9,751 6.Electrical Equipment 15% 13,342 13,342 7.Mobile Phones 40% 7,310 - 7,310 8.Tally Software 40% 5,556 5,556 TOTAL (Rs) 1,06,338 - 1,06,338 10. An amount of Rs 3,00,000/- is pending receivable from India Island Tourism out of the advance paid to them for Andaman Residential Program during the FY 2016-17. Since the cheques given by the party got dishonored and the party is not responding, legal case was filed against the vendor with the Honorable Additional Chief Metropolitan Magistrate, Nampally dated 01st September, 2017 vide CC No.3084/2017. Later the case was transferred to Erramanzil Court vide CC No.201/2018.

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 76 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

11. Amount of Rs.10,30,526 /- receivable from Head Office as on 31st March, 2018 is subject to confirmation from Head Office. 12. Fixed Deposits of Rs.1,63,81,964/- having maturity period of less than one year from 31st March, 2018 are classified under Current Investments and remaining fixed deposits of Rs.1,27,77,349/- are classified under Non Current Investment. 13. Amounts are collected from members towards APS. These amounts are transferred to respective programmes as and when the respective member attends the programme. 14. TDS of Rs.2,56,415 has been deducted on interest received on FD’s with SBI which includes the Rs.1,04,576 towards TDS on previous years interest on FD No.62104054174, which was deducted by bank during FY 2017-18. 15. Surplus amount of Rs.7,02,400 from and out of SIRC PCS Regional Conference, which was conducted by the ICSI Hyderabad Chapter has been considered as income of the chapter has per the SIRC Council meeting decision. 16. Previous year figures were regrouped and represented to suit to the new format of financial statements. Figures have been rounded off to the nearest Rupee.

As per our report of even date For and behalf of the ManagingCommitee of The ICSI- Hyderabad Chapter

For Manohar Chowdhry & Associates V.S Sarma CS S. Kavitha Rani CS Rahul Jain Chartered Accountants Executive officer Chairperson Vice-Chairman Firm Registration No.001997S

K.S.B Subramanyam CS K.P.C. Rao Partner Secretary & Treasurer M.No. 208981

Place : Hyderabad Date : 27.04.2018

77 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” 78 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” ANNUAL REPORT 2017-2018 Hyderabad Chapter

NOTES

79 ICSI MOTTO: “ – Speak the Truth, Abide by the Law” ANNUAL REPORT 2017-2018 Hyderabad Chapter

NOTES

ICSI VISION: “To be a global leader in promoting Good Corporate Governance” 80 ICSI MISSION: “To develop high calibre professionals facilitating good Corporate Governance” Inauguration of GST Point for the benefit of Members by 20.04.2017: Interactive meeting on Striking off Companies under CS (Dr.) Shyam Agrawal, President, The ICSI. CS V Ahalada Rao V, section 248 - Shri N Krishnamurthy, Registrar of Companies, Ministry Council Members & CS Ashish Garg, Council Members, CS R of Corporate Affairs, CS R Venkata Ramana, Chairman, CS P S Venkata Ramana, Chairman and others were graced the occasion. Shastry, Member, SIRC and CS Rahul Jain, Secretary.

Commencement of “Free Health Risk Assessment Program” on 27-28.05.2017: 11th Residential Programme to Spark the Elegant every Friday and Saturday in association with Care Hospitals for a smile with Healthy Breathe at Pragati Resorts. Special Guest: Sister period of six months for the family members of Members and BK Rajani, Brahma Kumaris-Shanti Sarovar and CS Ahalada Rao V, Students Council Member and CS R VenkataRamana, Chairman of the Chapter

15.08.2017 - 71st Independence Day Celebrations at 02.10.2017 Swachh Bharat Drive at Chapter Premises on Chapter Premises. the occasion of Mahatma Gandhi & Lal Bahadur Shastri Jayanthi, Committee Members, Members & Students Participated. 03.02.2018 Group Photo on the occasion of Annual Fellowship Meet 2018 at Hotel Amogham: Vice-President, The ICSI , Chairperson, Hyderabad Chapter Committee Members, Past President, The ICSI and Past Chairmen of the ICSI Hyderabad chapter graced the occasion.

On the occasion of Inauguration of the ICSI - Centre of Excellence at Uppal by the gracious hands of Hon’ble Shri Venkaiah Naidu, Vice President of India in the presence of Hon’ble Dy CM, Telangana, President, The ICSI and other dignitaries. Hyderabad Chapter and its committee members supported and coordinated for the same.

09.11.2017: Interactive Meeting on “Striking off of Companies and 28.02.2018: Success Meet –December 2017 CS Examination. Disqualification of Directors”; CS Datla Hanumantha Raju, Past Chairperson, Vice Chairman, Secretary & Treasurer and Students President, the ICSI Presenting a Shahid Ki Beti Certificate to were participated in the occasion. CS M R Bhat, Regional Director (SER), MCA. Shri S C Mishra, ROC, Hyderabad and Committee Members of the Chapter 43rd Foundation Day Celebrations Chief Guest : The Hon’ble Sri Justice A. Ramalingeswara Rao, High Court of Judicature at Hyderabad, Special Guest: Shri Sekhar Kammula, Film Director along with Past Presidents, The ICSI, Past Chairmen of the Regional Council & Chapter with Committee Members

Group photo during CSBF Benefit Show (Bhaubali-Telugu movie) at Imax Theatre organized by ICSI Hyderabad Chapter on 1st May, 2017 with Specimen Cheque for CSBF Contribution

th 06.03.2018 -“Unnati - Growth of Women in Profession” - A Women’s 26.01.2018 69 Republic Day Celebrations: CS Ahalada Rao, Vice day program organized jointly with ICAI & ICAI (CMA) for the first President, the ICSI, CS Kavitha Rani S, Chairperson & other Members time in the history. - Smt. C. Suvarna, IFS, Commissioner of Fisheries, CS V Ahalada Rao, Vice President, the ICSI, CS (Dr) PVS Jaganmohan Rao, Past President, ICSI, CA M Devaraja Reddy, Past President ICAI and other Dignitaries 16-17 Dec 2017 - Shri Y.S Chowdary, Hon’ble Union Minister of State for Ministry of Science & Technology & Earth Sciences launching the ‘CS Connect’ mobile application at 11th Regional PCS Conference.

Shri Kadiyam Srihari, Hon’ble Deputy Chief Minister and Minister for Education, Telangana, Shri N. Ramchander Rao, Hon’ble MLC, Shri M R Bhat, Regional Director (SER), MCA, Shri. Ravikumar Duraisamy, Hon’ble Member, NCLT, & other Dignitaries graced ICSI Golden Jubilee year Celebrations on 4.10.2017 at IICT Auditorium.

Shri Muqtar Abbas Naqvi, Hon’ble Union Minister of State for Parliamentary Affairs (I/c), Govt. of India Inaugurated the Joint Programme with Department of Central Tax, Central Excise & Service Tax on GST Awareness on 9.7.2017 at Ravindra Bharathi