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AREAS OF PRACTICE EXISTING AND EMERGING

AREAS OF PRACTICE EXISTING AND EMERGING. CS. AHALADA RAO.V. COMPANY SECRETARY IN PRACTICE www.ahaladaraoassociates.com. AHALADA RAO V.&ASSOCIATES COMPANY SECRETARIES. profile.

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AREAS OF PRACTICE EXISTING AND EMERGING

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  1. AREAS OF PRACTICE EXISTING AND EMERGING CS. AHALADA RAO.V. COMPANY SECRETARY IN PRACTICE www.ahaladaraoassociates.com AHALADA RAO V.&ASSOCIATES COMPANY SECRETARIES

  2. profile Occupation : Company Secretary in Practice Director in B5 Consulting Pvt Ltd Academic Qualification : Bachelor of Science (B.Sc.) Master in Financial Management.(MFM)Professional Qualification: Bachelor of Law (LLB) Master of Law (LLM) Fellow Member of ICSI, India Associate Member of Chartered Institute for Securities and Investments ,U.K. Positions : - As Advocate (During the Year 1999 – 2001) - As Practicing Company Secretary (From the Year 2001 to till Date) - As Academician - As Faculty And Guest Professor: November 2002 on wards - As IPR Consultant - As Director In B5 Consulting (P) Ltd: from 2007 to till date. - As Chairman(2006),ICSI-Hyderabad Chapter. - As Secretary(2010-2011),AIFTP-South Zone. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  3. Profile Cont….. HONOURABLE POSITIONS PAST • Chairman for ICSI –Hyderabad chapter • Director in C.S. MUTUALLY AIDED CO- OPERATIVE SOCIETY LIMITED • Governing Council Member of AP Tax Bar Association(2004-07) • Member of Andhra Pradesh Chamber of commerce sub committees, Company law, IPR and Direct tax Committees for the year 2007  Present • Member in Capital Market and IPR Sub-Committee and direct taxes sub-committee of THE Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) • Member of Finance & Taxation Panel of the Confederation of Indian Industry - AP Branch for the year 2012-13. • Certified `SEBI Financials Resource Person’ • Councellor of Institute of Company Secretaries of India, New Delhi www.ahaladaraoassociates.com Contd. AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  4. Profile Cont….. ACHEIVEMENTS: • Elected as the Managing committee member for the term 2004-06 of ICSI -of Hyderabad Chapter with a highest majority. • Recipient of Best Participant Award in 17th Secretarial Modular Training Program (SMTP) organized by Hyderabad Chapter. • Actively Participated in majority of study Circle Meetings, Seminars and Conferences Conducted by Hyderabad Chapter of SIRC of ICSI, New Delhi and The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI). www.ahaladaraoassociates.com Contd. AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  5. PROFILE OF CS V. AHALADA RAO Contd. • FACULTY AND RESOURCE PERSON – EXPERIENCES • TEACHING • ADDRESSING THE UNIVERSITY STUDENTS • INVESTOR AWARENESS PROGRAMMES • LECTURES FOR FOREIGN DELEGATES • TRAINING • WORKSHOPS • TEACHING UNDERGRADUATE AND POST GRADUATE STUDENTS • SPEAKER AT SEMINARS • RESOURCE ARTICLES www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  6. As a scrutinizer • As Scrutinizer being appointed by Hon’ble Bench of the Company Law Board, Chennai to submit the scrutinizers report for the voting process at the Annual General Meeting held by • M/s Sanghi Industries Limited, Hyderabad. www.ahaladaraoassociates.com Sakshi tv : Mr. V.Ahalada Rao appointed as scrutinizer by the Company Law Board for SANGHI INDUSTRIES LIMITED Hyderabad. AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  7. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  8. Motivational Video-murthy.wmv www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  9. “The Dream is not what you see in sleep,Dream is which Does not let you sleep.” - Dr APJ Abdul Kalam www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  10. scope of presentation Areas of Practice and Road Map for Future www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  11. coverage • Points to be discussed • Prerequisites for a PCS • Existing practices • New areas for practice • ICSI regulations • Planning and structuring. • Tips www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  12. LADDER TO THE LEADER Experience Training Knowledge Information Education www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  13. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  14. Leadership In The Words Of: Indian Industrialist and The Co-Founder of Infosys -Mr. N.R. Narayana Murthy www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  15. THE 7’Cs OF PRACTICE • Connectivity. • Content. • Community. • Capacity. • Culture. • Cooperation. • Capital. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  16. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  17. Points to be discussed • Whether practice or Job • If Yes for practice ,when? immediately after membership? ,or after gaining some experience? • What are the prerequisites of a PCS? • Whether employment of PCS or partnership firm? • What are the existing areas of practice? • What would be the emerging areas? • Whether Generalist or Specialist? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  18. prerequisites • Base contacts • Infrastructure • Manpower • Personality • Networking • Relationship • Good library • Soft skills(public speaking, organizational setup ,etc.,) • Social Responsibility www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  19. BOSS? WHETHER PCS IS A BOSS? OR A SERVANT? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  20. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

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  22. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

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  24. Existing practices www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  25. Pcs-corporate laws COMPANIES ACT -Pre-certification of forms -Conducting Board and General Meetings -CLB matters -Oppression and MisManagement -Compounding petitions -Charges • FEMA -Certifications -Compliances www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  26. Pcs-corporate laws CONTD.. • DIRECT TAX -Filing Returns • INDIRECT TAXATION -Service Tax -VAT -Customs Act -Excise Act • POLLUTION LAWS • -Feasibility reports • -licenses and registrations www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  27. Pcs-corporate laws CONTD.. • OTHER ECONOMIC LAWS -Compliances -Registrations • LABOUR LAWS -Compliances -Registrations • CONSUMER PROTECTION ACT -Appearances before the tribunals • IPR LAWS -Registrations - Appearances www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  28. Role of CS under Competition Law • Competition law in India is an important aspect of the legal studies that the Professionals like Company Secretaries need to master.  • Company Secretaries need to be fully aware of the legal implications and need to be equipped to advice companies . • As the national boundaries disappear when it comes to trade and commerce, there is an increase in competition and more pressure on organizations to become leaner with stress on higher efficiency and achieving technological excellence. • In such corporate scenarios Company Secretaries need to balance the requirements of business by complying with the legalities. • Professionals like Company Secretaries are called upon to look into the finance and accounting, audit reports, budgeting, materials management, commercial and overall administration, besides the standard legal and secretarial functions. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  29. Role of CS under Competition Law cont… . • With the opening up of the economy and increasing competition, there are many activities such as joint collaboration, foreign collaboration, takeovers, acquisitions, mergers, information technology and associated cyber laws which are newer areas where legal and statutory provisions need to be looked into and companies are turning for advice and guidance from Company Secretaries in such aspects. Sustaining market confidence, settling of commercial disputes are new focus areas where company secretaries need to show their competence and build their expertise in. • In this regard the ICSI institute has considerable foresight in offering its expert services to the government bodies. They also guide practicing and working CS professionals in staying updated with the latest changes in the legal and statutory scene in the country; continuing education programmes are also formed to keep Company Secretaries updated in latest developments in laws, statutes, corporate governance and other focus areas. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  30. As a sebi financial education resource person Role of SEBI-Financial Resource Person • Investment Planning for Retirement • Investment Planning for Executives • Investment Planning for Home Makers • Financial Planning for Young Investors • Financial Education for Middle Income Group • Financial Education for School Children • Financial Literacy for Self Help Groups www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  31. Role of CS in the film industry • Vetting & Drafting of Agreements. • Incorporation of Body Corporates, Joint Ventures, Partnership Firms, etc. • Fund Raising procedures. • Loan Documentations. • Human Resources Management & Administration through Film Chamber Of Commerce, Movie Artists Association, etc • Laisoning Agent • Matters related to Taxation – Income Tax, Service Tax, etc. •  Intellectual Property Rights & Registration. •  Labour Law Compliances •  Issues relating to Factories Act, Industrial Disputes Act, Contract Labour Act, etc. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  32. Certification under various laws • Annual Certification of a Listed Company under Company Law. • Pre Certification of a company under Company Law. • Compliance Certificate of a company under Company Law. • Certificates for Banks • FC-GPR under FEMA provisions. • Rbi due diligence certificate • Clause 47 of listing agreement. • Reconciliation of Share Capital Audit under SEBI. • Certificate of extinguishment of Shares(Buy Back). www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  33. PRECAUTIONS FOR CERTIFICATIONS • Back up Documents • Compliance of Law • Independent Search • Rewards www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  34. Emerging areas • Human Resources • Carbon Credits • IFRS • IPRs-Investigation,maintenance,agreements and audits • Intangible Assets Valuation • Labor Law Compliance Certificate/Audits • Due Diligence www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  35. authorities www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  36. ICSI REGULATIONS • Issue of Certificate of Practice(Reg .10) • Renewal of Certificate of Practice(Reg.10) • Cancellation of Certificate of Practice(Reg.11) • Particulars of offices or firms(Reg165) • CSP not to engage in any other business or occupation(Reg.168) • Trade or firm name require council’s approval(Reg.169) • Approval for Constitution of the Firms(reg.170) • PCS Register www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  37. ICSI REGULATIONS…CONTD GENERAL PERMISSIONS BY THE COUNCIL • As a Director in a company. • Partner in an LLP. • As a professor. • Life Insurance Agent. • Editorship of professional journals. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  38. WHAT ELSE?????? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  39. GUESS????? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  40. WATCH THIS www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  41. Rangam (2011) BRRip 720p x264 AAC-Ameet6233 (3).wmv www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  42. Hold offices of M.P. ,M.L.A. ,etc www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  43. ICSI REGULATIONS…CONTD • Non-Executive director/promoter/subscriber to the MOA & AOA of a company engaged in the field of Secretarial services with/without substantial interest. • Non-Executive director/promoter/subscriber to the MOA & AOA of a company engaged in the field other than Secretarial services without substantial interest. www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  44. ICSI REGULATIONS…CONTD SPECIFIC PERMISSIONS BY THE COUNCIL • Editorship of non professional journals • Interests in family business provided he dos not hold substantial interest • Agriculture and allied activities www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  45. www.ahaladaraoassociates.com I am glad to report that your company had a successful year-there was no raid and inspection by CBI,ROC, IT, Excise, enforcement, etc., AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  46. DO YOU KNOW THE SECRET BEHIND IT? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  47. ANY GUESS??????? www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  48. www.ahaladaraoassociates.com That’s because the company secretary is good at keeping company’s secrets than being a company secretary AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  49. Commitment to Continuous learning Mastery of Ability to create T heoretical knowledge as K nowledge well as possess it Professional Competencies Capacity to Applying solve theoretical pr oblems knowledge to practice Enthusiasm and Commitment to customers www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

  50. CSP ACTIVITIES MODEL csp – Activities Model www.ahaladaraoassociates.com AHALADA RAO V. & ASSOCIATES COMPANY SECRETARIES

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