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December-2016 L Ahalada Rao V The Council CONTENTS President �l Mamta Binani ISSN 0972-1983 ® Vice President �l Shyam Agrawal (Dr.) CHARTERED SECRETARY Members [ Registered under Trade Marks Act, 1999 ] (in alphabetical order) Vol. : XLVI n No. 12 n Pg 1-164 n December-2016 l Ahalada Rao V. l Amardeep Singh Bhatia l Ashish C. Doshi 1. From the President 18 l Ashish Garg l Atul H Mehta l Gopalakrishna Hegde 2. Articles 23 l Gopal Krishan Agarwal l Mahavir Lunawat l Makarand M. Lele 4. Legal World 75 l Rajesh Sharma l Rajiv Bajaj l Ramasubramaniam C. 5. From the Government 85 l Ranjeet Kumar Pandey l S. K. Agrawala l Satwinder Singh 6. News From the Institute 113 l Vijay Kumar Jhalani l Vineet K. Chaudhary 7. Miscellaneous 131 l Yamal Ashwinkumar Vyas Secretary QR Code/Weblink of Chartered Secretary Journal l Dinesh C. Arora https://www.icsi.edu/JournalsBulletins/CharteredSecretary.aspx Editorial Advisory Board Annual Subscription 12 Chairman Inland : Rs. 1000 (Rs. 500 for Students of the ICSI) l S K Agrawala Foreign : $100; £60 (surface mail) Single Copy : Rs. 100 Members ‘Chartered Secretary’ is normally published in the first week of every month. n Non- (in alphabetical order) receipt of any issue should be notified within that month. � n Articles on subjects of l Ashu Gupta (Ms.) n l Deepak Kukreja interest to company secretaries are welcome. Views expressed by contributors are n l D K Jain (Dr.) their own and the Institute does not accept any responsibility. The Institute is not in l D P Gupta any way responsible for the result of any action taken on the basis of the advertisements n n l Gourav Vallabh (Prof.) published in the journal. All rights reserved. No part of the journal may be l G R Bhatia reproduced or copied in any form by any means without the written permission of the l H M Choraria Institute. n The write ups of this issue are also available on the website of the Institute. l N K Jain l Puttaparthi Jagannatham Edited, Printed & Published by l Pradeep K Mittal Dr. S.K.Dixit for The Institute of Company Secretaries of India, l Prithvi Haldea ‘icsi House’, 22, Institutional Area, Lodi Road, New Delhi- 110 003. l R Radhakrishnan Phones : 41504444, 45341000, Grams : ’CoMPSEC’ l Sanjeev Kapoor Fax : 91-11-24626727 l Tridib Kumar Barat E-Mail : [email protected] Editor & Publisher Website : http://www.icsi.edu l S.K. Dixit (Dr.) Consulting Editor Mode of Citation: CSJ (2016)(12/--- (Page No.) l V. Gopalan Design & Printed at Legal Correspondent M. P. Printers B-220, Phase II, Noida-201305 l T. K. A. Padmanabhan Gautam Budh Nagar, U. P. - India www.mpprinters.co.in CHARTERED SECRETARY I DECEMBER 2016 3 ICSI IMAGES ICSI 01 02 03 04 05 06 07 08 09 1u Meeting of ICSI delegation with Hon’ble Minister of Finance and Corporate Affairs –Seen in the picture from Left: CS Vineet K Chaudhary, CS Mamta Binani and Arun Jaitley (Hon’ble Union Minister of Finance and Corporate Affairs). 2u Interaction with Hon’ble Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines – CS Mamta Binani and CS Vineet K Chaudhary among others seen interacting with Piyush Goyal (Hon’ble Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines). 3u ICSI President’s Meeting with Hon’ble Union Minister of State for Finance and Corporate Affairs – CS Mamta Binani seen presenting a bouquet to Arjun Ram Meghwal (Hon’ble Union Minister of State for Finance and Corporate Affairs). 4u ICSI President’s Meeting with Member of Parliament – CS Mamta Binani seen with Meenakshi Lekhi (Member of Parliament). 5u Meeting with Justice, Supreme Court of India and Chairman, 21st Law Commission of India – Standing from Right CS Mamta Binani, Justice Balbir Singh Chauhan (Former Justice, Supreme Court of India and Chairman, 21st Law Commission of India) and Dr. S Sivakumar ( Member, Law Commission of India). 6u Startovation – Startup and innovation Summit, 2016 –Dr. Raj Singh (RoC, MCA) lighting the lamp to mark the inauguration of Startovation. Others standing from Left: Digbijoy Chakraborty (Global Director, Frost and Sullivan), CS G S Sarin, CS Mamta Binani and CS Vineet K Chaudhary. 7u CS Mamta Binani addressing. 8u A view of the invitees, dignitaries and delegates. 9u Sitting on the dais from Left: CS K V Singhal, CS Mamta Binani, CS Vineet K Chaudhary, CS G S Sarin, CS Nitin Kumar and CS Manish Aggarwal. 4 DECEMBER 2016 I CHARTERED SECRETARY CHARTERED SECRETARY I DECEMBER 2016 5 ICSI IMAGES ICSI 10 11 12 13 14 15 16 17 18 10 u ICSI Insolvency Professional Agency Certificate receiving ceremony – Standing among others from Left: CS Dinesh C Arora, CS (Dr.) Shyam Agrawal, Arun Jaitley (Hon’ble Union Minister of Finance and Corporate Affairs), CS Mamta Binani, CS Vineet K Chaudhary (Chairman, Corporate Laws and Governance Committee of ICSI) andTapan Ray (Secretary, MCA). 11 u Seen from Left: CS Vineet K Chaudhary (Chairman, Corporate Laws and Governance Committee of ICSI), CS (Dr.) M S Sahoo, AmardeepSingh Bhatia (JS, MCA) and CS Mamta Binani. 12 u NIRC - Two Days Regional Conference on PCS - Empower, Emerge & Excel (Host: Agra Chapter) Sitting from Left: CS Amit Gupta, CS Pradeep Debnath, CS Ranjeet Pandey, CS Manish Gupta, Vijay Jhalani (Government Nominee on the Central Council of ICSI), CS Atul Mehta, CS Ashish Garg, CS Akash Jain and CS Priyanka. 13 u SIRC – Mysore Chapter – Joint Awareness Programme on GST –Standing from Left: Ramannavar S.S. (Secretary-MCCI), CS Bhansali M.C., Ravi Kiran Edara (IRS, Joint Commissioner, Central Excise), A.S. Satish (President-MCCI), S. Raj Kumar (IRS, Chief Commissioner, Central Excise), Sudhakar S. Shetty (Vice President-FKCCI, Bangalore), Dr. N Muthukumar (Chairman-CII, Mysore), G.V. Krishna Rao (IRS, Commissioner, Central Excise), R. SundaraRaju (IRS, Joint Commissioner, Central Excise). 14 u SIRC - Salem Chapter – Full day seminar on GST – CS C Ramasubramaniam addressing. Others sitting on the dais from Left: CS Santhanam N, Chief Guest Arokia Raj (IRS, Jt. Commissioner Dept. of CE&ST, Salem), Guest of Honour Padmavathi (Dty. Commissioner, Deptt.of Commercial Tax, Coimbatore) and CS Solaiyappan. 15 u EIRC - 27th Regional Conference of Company Secretaries on Governance with Excellence – Release of Quarterly Newsletter of EIRC - Standing From Left: CS Ashok Purohit, CS Siddhartha Murarka, CS Sandip Kumar Kejriwal, Alok Samantrai (RD, MCA); ManoramaKumari (Member (Judicial), NCLT), CS Mamta Binani, Dr. Navrang Saini (DII, DGCoA, MCA), CS Santosh Kumar Agrawala, CS Rajesh Sharma (Central Council Member (Govt. Nominee), ICSI) and CS Gautam Dugar. 16-21 u Address by CS Anil Murarka, CS Sanjay Kumar Gupta, Nitin Ambure (Vice President, NSDL), CA Sushil Goyal, CS Manoj Banthia and Dr. Navrang Saini (DII, DGCoA, MCA). 4 DECEMBER 2016 I CHARTERED SECRETARY CHARTERED SECRETARY I DECEMBER 2016 5 ICSI IMAGES ICSI 19 20 21 22 ICSI President’s Visit to Thiruvananthapuram 23 24 25 26 27 28 22 u ICSI Convocation at Eastern Region – Standing from Left: CS Sandip Kumar Kejriwal, CS Mamta Binani, Chief Guest Gyanesh Chaudhary (MD & CEO, Vikram Solar Pvt. Ltd.) and CS Santosh Kumar Agrawala. 23 u Meeting of ICSI delegation with Hon’ble Chief Minister of Kerala – Standing from Left: CS jayashree, CS Sivakumar P, CS Suresh, CS Mamta Binani, CS C Ramasubramaniam, PinarayiVijayan (Hon’ble Chief Minister of Kerala), CS Arun K Kamalolbhavan and CS Jeevan Varghese. 24 u Meeting of ICSI delegation with Hon’ble Minister of Industries, Govt. of Kerala – Standing from Left: CS Suresh, CS jayashree, CS Rakesh Ranjan, A C Moideen (Hon’bleMinister of Industries, Govt. of Kerala), CS C Ramasubramaniam, CS Mamta Binani, CS Sivakumar P, CS Jeevan Varghese and CS Arun K Kamalolbhavan. 25 u Meeting of ICSI delegation with Hon’ble Speaker of Kerala Legislative Assembly – Standing from Left: CS Jayashree, CS Arun K KAmalolbhavan, CS Ahalada Rao V, CS Jeevan Varghese, CS C Ramasubramaniam, CS Suresh and P Sreeramakrishnan (Hon’ble Speaker, Kerala Legislative Assembly). 26 u Meeting of ICSI delegation with Additional Chief Secretary of Kerala – Standing from Left: CS Jayashree, CS Suresh, CS C Ramasubramaniam, CS Sivakumar P, CS Mamta Binani and Tom Jose (IAS, Additional Chief Secretary, Deptt. of Labour, Govt. of Kerala.) 27 u Meeting of ICSI delegation with Law Secretary, Govt. of Kerala – Standing from Left: CS Jeevan Varghese, CS Suresh, CS C Ramasubramaniam, CS Sivakumar P, CS Mamta Binani and B G Harindranath (Law Secretary, Govt. of Kerala.) 28 u Meeting of ICSI delegation with Hon’ble Labour Minister, Govt. of Kerala –T P Ramakrishnan (Hon’ble Labour Minister, Govt. of Kerala) seen interacting with CS Mamta Binani, CS C Ramasubramaniam, CS Sivakumar P and CS Jayashree. 6 DECEMBER 2016 I CHARTERED SECRETARY CHARTERED SECRETARY I DECEMBER 2016 7 44th National Convention of Company Secretaries (November 17 - 19, 2016) held at Gandhinagar, Gujarat ICSI IMAGES ICSI 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 29u Curtain raiser to 44th National Convention of Company Secretaries on Powering Governance – Empowering Stakeholders: CS the Governance Professional – Sitting on the dais from Left: CS Tushar Shah, CS Ashish Garg, CS (Dr.) Shyam Agrawal, CS Mamta Binani, CS Ashish Doshi, Yamal Vyas and CS Dinesh C Arora. 30u Inaugural Session – Sitting on the dais from Left: CS Tushar Shah, CS Prakash P Pandya, Bimal Choudhary ( MD, Anmol Buiscuits Ltd.), CS (Dr.) Shyam Agrawal, Vijaybhai R Rupani(Hon’ble Chief Minister, Govt. of Gujarat), CS Mamta Binani, CS (Dr.) M S Sahoo (Chairman, The Insolvency and Bankruptcy Board of India), M M Paranjape (MD & CEO, Multi Commodity Exchange of India Ltd.), CS Ashish C Doshi, CS Ashish Garg and CS Dinesh C Arora.
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