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Monday, May 28, 2012

Learnlabz Company Secretary Class Schedule for December 2012 CS exams of ICSI for all subjects & all levels to enjoy passing, announces Free Trial sessions also

Learnlabz conducts ALL subjects for ALL levels of CS Foundation, Executive & Professional Programme classes to enjoy passing Company Secretary December 2012 exams to be held from December 26, 2012.  The students can try by attending first session of the classes free of cost and OTM books are also provided.  The details can also be downloaded from https://docs.google.com/open?id=0B-36NqCFw_7NZkF0dHpZOHNPZlk

Full details are enclosed in:

Saturday, May 19, 2012

Download CS Exam Hall Ticket Admit Card & revise for Company Secretary Foundation Executive & Professional Programme June 2012 exams with Updates Amendments to enjoy passing



Assured of your time value for Exams (read this as below), enjoy passing… Awaiting your happy moments @ exam halls.  Forget everything, its only you and your available memory is the best.  So, whether you know the answer or not, just keep concentrating for the full 3 hours of every exam to …..(read enjoy passing).  Direct link to download your Company Secretary Exam hall ticket/Admit Card using YOUR 17 DIGIT FULL Registration Number WITH MONTH YEAR:  http://icsi.indiaeducation.net/index.htm OR

To read the CS Amendments, visit

http://yehseeyes.blogspot.com/2012/05/download-onlythismuch-book-update.html 


To apply for Company Secretary Examination Online:

Friday, May 11, 2012

Download OnlyThisMuch book Update Amendments 2012 for Company Secretary June exams onwards covering Corporate laws, Securities laws, Due Diligence, Voluntary Corporate Governance Codes, Schedule VI XII, Takeover Code 2011, Legal Metrology Act, Foreign Contribution, FDI Policy & ICDR with ICSI Supplements to enjoy passing

OnlyThisMuch book series has released most crucial Updates/ Amendments 2012 for June exam onwards under all laws applicable for Company Secretary exams [CS Executive Programme & Professional Program].  The same can be read from: http://www.scribd.com/doc/93236216/Only-This-Much-Amendments-Laws-2012-Updates-for-Company-Secretary-Exams-on-Corporate-Economic-Securities-Secretarial-Practice-Drafting-Alliances#fullscreen

(Better when downloaded).  It covers the following laws:

Company Law/ Company Secretarial Practice/ Corporate Restructuring

1.       Amendments in MCA-21 & Filing aspects

2.       Amendments in Clauses of Memorandum Of Association

3.       Amendments in Unlisted Public Companies PREFERENTIAL ALLOTMENT Rules u/s. 81(1A)

4.       Amendments in General Meetings & Board Meetings related

5.       Amendments in Managerial Remuneration under Schedule XIII

6.       Amendments in Related Party Transactions under Sections 295, 297 & 314 of Companies Act, 1956

7.       Amendments in Merger of Government Companies u/s. 396

8.       DEFUNCT COMPANIES & FAST TRACK EXIT SCHEME

9.       Form & Contents of Annual Accounts under Revised Schedule VI

 

CRUCIAL DOWNLOADS FOR LAST MINUTE READING BEFORE CS EXAMS:

For Direct & Indirect Tax Laws Amendments, download & print the ICSI Supplement from this link [this is applicable for CS Executive & Professional Program exams

Click here for Financial Management Theory

Glance through MCA Guidelines on Governance

Securities Law/ Due Diligence

1.       Amendments in SEBI ICDR Regulations, 2009

2.       Amendments in Equity Listing Agreement

3.       Public Issue by SME’s & SME Equity Listing Agreement (most predicted question for this exam)

4.       Debt market issues & Securitised Debt Listing Agreement

5.       Revised Insider Trading Disclosures

6.       New Takeover Code, 2011

Corporate Governance/ Securities Law

1.       New Voluntary Governance Codes in India

(including MCA’s Corporate Governance & CSR Code, Secretarial Audit, ICSI’s recommendations)

2.       New Governance Codes abroad

(including UK Corporate Governance & Stewardship Codes)

3.       Other Amendments – Internal Control, Credo & Green Tribunal

 

Other Laws for CS Exams:

1.       Amendments in FEMA & CONSOLIDATED Foreign Direct Investment (FDI) POLICY, 2012  [for Drafting & Alliances in Professional Program, Economic Laws in Executive Program]

2.       FOREIGN CONTRIBUTION (REGULATION) ACT, 2010 & RULES 2011 [FCRA] replacing Old Act [for Economic Laws in Executive Program & has Compounding provisions as relevant for Drafting]

3.       Competition Act, 2002 & Mergers, Amalgamations, Acquisitions & Takeovers (MAAT) [for Drafting & Corporate Restructuring in Professional Program & Economics Laws in Executive Program]

4.       Legal Metrology Act, 2009 replacing Standard Weights & Measures Act [for Eocnomic Laws in Executive Program]

 www.learnlabz.com

 onlythismuch@lawlabz.com

Only This Much Amendments Laws 2012 Updates for Company Secretary Exams on Corporate, Economic, Securities,...

Enjoy passingSmile

Saturday, April 14, 2012

What to do after completion of CS Foundation Executive Programme of ICSI: attend Online or Physical E-SIP,E-EDP to make yourself eligible to appear for exams & training of Company Secretary Course

Have you completed CS Foundation Programme?

Then, register for the next level CS Executive Programme on/before end of February or August to appear for both modules in following December or June exams respectively.

Once you register for Executive Programme, you shall complete e-SIP (Electronic Students Induction Programme Online) or physically at ICSI within 6 months of the registration.  Keep ready with you:

  1. ICSI Regsitration Letter For Executive Program
  2. ICSI Identity Card
  3. Passport size Photograph

You may be barred from appearing for exams if you have not completed SIP.

Register for Online SIP now!!! 

(not applicable for candidates seeking exemption from 15 months CS Training)

 

Have you completed CS Executive Programme?

Then, register for the next level CS Professional Programme on/before end of February or August to appear for all Modules in following December or June exams respectively.

When you wish to start your CS Training, you shall first complete e-EDP (Electronic Executive Development Programme Online) or physically at ICSI.  Keep ready with you:

  1. ICSI Identity Card
  2. Passport size Photograph

Your training period of 15 months will not start (as per ICSI records) if you have not completed EDP.

Register for Online EDP now!!! 

(not applicable for candidates seeking exemption from 15 months CS Training)

 

The Institute of Company Secretaries of India (ICSI) in collaboration with Gurukul Online Learning Solutions (GOLS) have come up with an initiative in the online form of SIP/EDP. This is basically a web-based training (WBT) wherein physical presence of the participant at the venue is not necessary.

Have you completed CS Professional Programme?

You shall have to attend MSOP physically at ICSI. The e-MSOP (Electronic Management Skill Orientation Programme Online) is available only for candidate occupying very senior position and who has completed Company Secretaryship Final exams on or before 01st September, 2006.  More details in http://yehseeyes.blogspot.com/2010/10/attend-msop-smtp-online-get-your.html

You will be eligible to apply for Associate Member of Company Secretary (ACS) only on completion of this.

Register for Online MSOP now!!! 

(Applicable for all candidates whether seeking exemption from 15 months CS Training or not)

For more details on CS training programmes or Exemption from CS training, visit http://yehseeyes.blogspot.com/2010/02/newcstrainingsipedpmsoppdpparttimeicsic.html

For more details on getting Associate  Membership of ICSI, visit http://yehseeyes.blogspot.com/2009/01/checklistformsfeesguide-to-apply-for.html 

Enjoy Streaming…

Tuesday, March 27, 2012

Takeover Code 2011 Supplement Study Material for download as published by ICSI - Corporate Restructuring & Due Diligence portions (with Checklists) - Download & Print now for June 2012 exams onwards

ICSI has released Updates/Supplements for Corporate Restructuring & Insolvency (CRI) and Due Diligence & Corporate Compliance Management (DDCCM) paper of CS Professional Programme exams on the topic “New Takeover Code 2011” (with Checklist).  The Study Materials are well made and worth reading.

 

I would suggest every student to take PRINT & read it instead of the existing chapters in your Study Material.

Click the links below:

Download CRI Supplement on Takeover Code

Download DDCCM Supplement on Takeover Code

Tuesday, March 20, 2012

Indirect Tax Law Amendments Book for CA Final May 2012 exams & bookings open for November 2012 exam book

Now, you can enjoy reading Indirect Tax Amendments Book for CA Final May 2012 exams covering the following topics authored by CMA. Tharun Raj to enjoy passing, do give your comments on reading.  This can also be used as a reference to understand latest amendments by CS/CMA students & serves as a good reading for Professionals too. Click here to preview the Amendments Book.

 

Costs: Rs.95/- PLUS Delivery Charges of Rs.55/- (for South India) or Rs. 80/- (for North India).  The Demand Draft (DD) to be taken in the name of "C. Sitaraman & Co" payable at Chennai and Send it to:-

                     C. Sitaraman & Co,
                     No. 37, Royapettah High Road,
                     Royapettah,
                     Chennai - 600 014.
                     Ph: 044-28117069 & 28111516.

Pointers:- Kindly mention in your letter as “Indirect Tax Amendments Book by Tharun Raj” & send your full detailed ADDRESS along with DD, where you need the delivery.

Click here to reserve your November 2012 Book

Book on Indirect Tax Law Amendments for CA Final May 2012 exams, order now to enjoy passing

Saturday, February 25, 2012

Revaluation of CS Results & what next after passing Company Secretary Exams 2012 & to appear for December, Register with ICSI before February 29th 2012




The results of the CS Foundation Programme, Intermediate/Executive Programme and Professional Programme examinations of the Company Secretaries held in December, 2011 are scheduled to be declared at 11.00 Noon on 25th February, 2012 and it released on time.
Result is available on the following servers.
  1. www.icsi.edu
  2. www.icsi.in
  3. http://icsi.examresults.net
CS Exam Result – December 2012 Session
Server1
Server2
Server3
Server4
Server5
Server6
CS DECEMBER 2011 RESULTS LINK 1
CS DECEMBER 2011 RESULTS LINK 2
CS DECEMBER 2011 RESULTS LINK 3

HEARTIEST WISHES FOR EVERY ONE WHO HAS WON & IN THE PROCESS OF WINNING COMPANY SECRETARY EXAMS

When candidates who cleared this level can go to the next level of CS Exams? Candidates registered upto and including the month of February in a year are eligible for appearing in both the groups of the Executive Programme or all 4 modules of Professional Programme examination held in December of next year. So, its mandatory for you to submit prescribed forms before February 29, 2012 to appear for all modules in December 2012.  You shall also complete Student Induction Programme (SIP), Executive Development Programme (EDP)  and Professional Development Programme (PDP).  Details in http://yehseeyes.blogspot.com/2010/02/newcstrainingsipedpmsoppdpparttimeicsic.html

Preserve your Mark sheets as NO more CS Pass Certificates for Foundation & Executive will be issued by ICSI on passing Company Secretary Exams but for Professional Program

Before visiting the nearest ICSI office, make sure you are ready with following things:

For Foundation passed:

  1. Get to know your subjects and classes schedules at http://csclasses.learnlabz.com
  2. Register for Computer Training with Sify or produce your Certificates to write Exemption exam:http://icsi.sifyitest.com/howtoapply.php
  3. Enroll for or get Exemption from Student Induction Programme (SIP), a 7 full day program with ICSI which shall be completed within 6 months.  Details in http://yehseeyes.blogspot.com/2010/02/newcstrainingsipedpmsoppdpparttimeicsic.html & https://docs.google.com/open?id=1XBh5rCmnC1ZP_Fjq-lU2dXop9VnyJh1aggwku6CX_WG3TfihHBw-VdU6dUS3
  4. Enjoy reading CS Executive Programme books Only This Much for Company, Economic, Labour & Securities Law from http://csbooks.learnlabz.com

For Executive passed:

  1. Click here to register online for CS Executive Program Application -http://www.icsi.in OR Click here to download & fill CS Professional Program Application -http://www.icsi.edu/webmodules/student/final.doc and arrange for fees as per Apply for Executive Development Program (EDP) and find details from nearest ICSI -http://www.icsi.edu/webmodules/student/TopForm.doc (its a mandatory pre-requisite to commence CS Training). EDP is a 8 full day program offered at ICSI and your training will commence only on completion of this program. Details in http://yehseeyes.blogspot.com/2010/02/newcstrainingsipedpmsoppdpparttimeicsic.html
  2. Then, start sending emails & applications of RESUME for CS Training to
  3. For 15-month CS Training related information, you can visit http://yehseeyes.blogspot.com/2008/05/icsi-15-months-managementapprentice.html
  4. Start looking out for Professional Development Programs (PDP) as its mandatory to attend for 25 hours or you have the option to register for National Convention of ICSI.
  5. Get to know your subjects and classes schedules at http://csclasses.learnlabz.com
  6. Enjoy reading CS Professional books for all law subjects @ http://csbooks.learnlabz.com

For Professional passed:

  1. Collect & preserve your Marksheets & Pass certificates as per http://yehseeyes.blogspot.com/2010/06/preserve-your-mark-sheets-as-no-more-cs.html
  2. Pending Training you are eligible for Licentiate Membership of ICSI -http://www.icsi.edu/webmodules/student/Licentiate.doc and you will get Chartered Secretary (Members magazine) free of cost.
  3. Complete your CS Training or Claim exemption from it following http://yehseeyes.blogspot.com/2008/05/icsi-15-months-managementapprentice.html
  4. Complete RoC Training or Stock Exchange training, if applicable. Send e-mail to training2@icsi.edu to get the sponsorship letter.
  5. Complete 25 hours PDP's, 15 full days MSOP’s, etc… in http://yehseeyes.blogspot.com/2010/02/newcstrainingsipedpmsoppdpparttimeicsic.html
  6. Then, apply for the esteemed membership of ICSI following, http://yehseeyes.blogspot.com/2009/01/checklistformsfeesguide-to-apply-for.html
Are you not satisfied with your CS results? then apply for Verification of marks (casually called revaluation or re-counting) within 30 days from today (ie) within 30 days from declaration of CS results by sending Rs. 250 DD per subject.  For more details, visit http://yehseeyes.blogspot.com/2009/02/revaluation-retotalling-cs-marks.html
Do you wish to get COPY of your answer sheets? then apply for Certified Copy of Answer Books for the exam WITHIN 45 days of declaration of CS results by sending Rs.500/- DD per subject. For the application form, visit https://docs.google.com/document/d/1ERyNgqdS6kCK-piru-Itupb0cW-93GFHpgyW0vzYMnk/edit
Enjoy passin... Of course, you can keep track of all updates, happenings and all about Company Secretaries by following http://yehseeyes.blogspot.com/ and Get See Yes -> Yes, ACS delivered by email

Tuesday, February 7, 2012

KnowLaw on International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges

Know Law

Labz India Notification 12 of 2012

A written-cum-video initiative to know your corporate legal position as on date

 

 

Legal Queries???

 

 

How to utilize & escalate your company’s resources? Are you confident that you have utilised the company's resource to the fullest potential!!!  What is your market capitalisation of the company? Do you want your declaration of financial results to be a national affair? Have you exploited all sources of funding for your business? Whether your company is enjoying a bigger brand value across the globe? Are you exploring the possibilities of various funding options internationally? How to raise money from abroad? Do you want to list your company in foreign stock exchanges like NASDAQ, London Stock Exchange, Australian Stock Exchange? Have you heard about depository receipts and how does it works? What are the instruments available ro raise money? Can foreigners invests in an Indian company through secondary market with less compliance requirement? Can an Indian company lists abroad without having any overseas branches of its office?

 

Solution…

International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges

Raising money from abroad is a good option provided you have a feasible and viable project in hand, since there more investors abroad when compared to India. This option can be utilized by a company interested in capturing resources of international market, provided it complies with the criterion of past track record & performances as prescribed.

International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges requires approval under Company laws, Securities laws, FEMA regulations, approvals of FIPB and approvals of stock exchange from abroad and India. This process involves preparation of offer documents, appointment of market intermediaries like merchant banker, satisfying criterion with depositories and custodian banks in India and abroad, collecting investments, issuing shares and listing in stock exchanges abroad.  Read More...

 

Requirement under Indian laws on International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges:

Indian laws treat the depository receipt as foreign direct investment.  The law permits denomination of securities in freely convertible foreign currency and can be floated abroad in countries like United States, European Union, Australia with less procedural requirement the respective countries regulators like Securities Exchange Commission.  The FEMA regulations read with Depository receipt mechanism provides for issue of securities abroad and conversion of the bonds/instruments in foreign currency into underlying equity shares with voting rights in India after a cooling period through various intermediaries like Overseas Custodian Bank, Domestic depository in India, etc… In certain cases, the Ministry of Finance and Department of Economic Affairs may be required in addition to the one-time and periodical reporting requirement under Reserve Bank of India (RBI) regulations.

 

Myth buster on International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges:

Huge formalities involved as to lock-in period of securities, the limits on number of issues per year, the end-use restrictions & lot of regulatory approvals required!!!  No, the issue process is a plain vanilla procedure with simple conditions on issue expenses and two-stage reporting requirements like a foreign direct investment into India.  The value of money that can be raised as a tap issue or as tranches has no limit as per Indian laws.  Further, the amount so raised may be used for whatsoever purposes unless it is an instrument like Foreign Currency Convertible Bonds (FCCB’s) where there is a restriction as applicable to External Commercial Borrowings (ECB).   Even further, the procedural clearance abroad for issues in alternate investment market of their country is relatively simple.

 

 

Caution point on International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges!!!

The compliance of requirements of Indian Company law as to issue of shares shall be duly complied with and necessary e-forms are filed with Registrar of Companies on time. The pricing shall be done based on the date of meeting as to the closing average high & low prices of shares in Indian Stock Exchanges.  Agreements with intermediaries shall be entered into.  Care should be taken while drafting the Offering Circular, the prospectus like offer document which should provide for all information that is required for an investor to take decision.  The prior approval of Reserve Bank of India may be required based on the sectoral cap under Foreign Direct Investment Regulations.  Also ensure the in-principle approval for listing is obtained from the stock exchanges for issue of securities in India.  Even the benefit of double taxation avoidance agreement can be enjoyed for depository receipts.  Ensure the RBI reporting shall be done promptly on 30 days of closure of issue and a quarterly reporting within 15 days.   

 

WATCH LAWLABZ VIDEO on  International Issue of securities through ADR/GDR/FCCB and listing in foreign stock exchanges in India!!! (Click Here):

 

At Lawlabz, we offer 360O Personalized VIRTUAL Corporate Solutions by offering COMPLETE online legal support for your organization since its set-up as your entrepreneurial venture, during its management as a corporate entity or a manufacturing industry and closure of unwanted company’s which are not having any significant business of its own.

Legally Yours,

Happy Consulting with www.lawlabz.com

For Private Circulation Only. The copyright of this notification is retained by Lawlabz. Notwithstanding anything contained herein, this notification does not amount to opinion or consultation of any nature. One Pager



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Saturday, February 4, 2012

Company Secretary Foundation Programme New Syllabus 2012 from December exams

CS Foundation Program New Syllabus from December 2012 exams. Get your B.com along with CS Foundation course (Click here for more details). All graduates & post graduates (excluding Fine arts) are exempted from CS Foundation programme & even scholarships are provided based on 10+2 marks (click here for more details). Students who have cleared Chartered Accountancy Final exams or Cost Accountancy Final exams (CA/CMA final exams) are exempted from CS Foundation Program. Though applications are open throughout the year, apply before end of September for following year's June exams & apply before end of March for following December examination.

The minimum qualification shall be 10+2 schooling. The exams will be based on objective type questions and OMR sheets using paper-pencil mode and will be held twice a year on June (2 & 3) and December (26 & 27) for 2 full days every year for 2 hours per exam during morning & afternoon.

Fees:
The Prospectus shall be Rs.200/- from Regional offices of ICSI or Rs.250/- by sending a post to ICSI House, 22, Institutional Area, Lodi Road, New Delhi-110003. The DD shall be made in the name of "The Institute of Company Secretaries of India" payable at New Delhi.

The registration fees for the entire course shall be Rs.3,600 and exam fees shall be Rs.875/- The helpline no. for ICSI is 011-41504444.

The subjects are:
1. Business Environment & Entrepreneurship (Paper1)
2. Business Management, Ethics & Communication (Paper 2)
3. Business Economics & Statistics (Paper 3)
4. Fundamentals of Accounting & Auditing (Paper 4)

The passing concept shall be 40% per subject with a total of 50% in all 4 subjects, in aggregate. Any score beyond 60% will enable paper-wise exemption for the further exams.

Enjoy applying,

Register online from http://icsi.in/ by clicking New Student Registration under Log-in.

The details contents of CS Foundation Syllabus can be downloaded from:


Company Secretary Foundation Course New Syllabus 2012

CS Updatin...

See Yes -> Yes, ACS

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