Areas of Practice

AREAS OF PRACTICE
EXISTING AND EMERGING
CS. AHALADA RAO.V.

COMPANY SECRETARY IN
PRACTICE
www.ahaladaraoassociates.com
AHALADA RAO V.&ASSOCIATES

COMPANY SECRETARIES
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. 2
AHALADA RAO V. & ASSOCIATES

COMPANY SECRETARIES
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
3
AHALADA RAO V. & ASSOCIATES Contd

COMPANY SECRETARIES
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).
4
Contd
COMPANY SECRETARIES .
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
5
 RESOURCE ARTICLES
COMPANY SECRETARIES
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
Sakshi tv : Mr. V.Ahalada Rao
by
appointed as scrutinizer by the
 M/s Sanghi
Company Law Board for SANGHI
Industries Limited, INDUSTRIES LIMITED Hyderabad. 6
Hyderabad.
COMPANY SECRETARIES
7

COMPANY SECRETARIES
 Motivational Video-murthy.wmv
8

COMPANY SECRETARIES
“The Dream is not
what you see in sleep,
Dream is which Does
not let you sleep.”
- Dr APJ Abdul Kalam
9

COMPANY SECRETARIES
scope of presentation
Areas of Practice
and
Road Map for Future
10

COMPANY SECRETARIES
coverage
 Points to be discussed
 Prerequisites for a PCS
 Existing practices
 New areas for practice
 ICSI regulations
 Planning and structuring.
 Tips
11

COMPANY SECRETARIES
LADDER TO THE LEADER
Experience
Training
Knowledge
Information
Education
12
COMPANY SECRETARIES
13

COMPANY SECRETARIES
LEADERSHIP IN THE WORDS OF:
Indian Industrialist and
The Co-Founder of Infosys
-Mr. N.R. Narayana Murthy 14

COMPANY SECRETARIES
tHe 7’Cs of PrACtiCe
 Connectivity.
 Content.
 Community.
 Capacity.
 Culture.
 Cooperation.
 Capital.
15

COMPANY SECRETARIES
16

COMPANY SECRETARIES
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?
17

COMPANY SECRETARIES
prerequisites
 Base contacts
 Infrastructure
 Manpower
 Personality
 Networking
 Relationship
 Good library
 Soft skills(public speaking, organizational setup

,etc.,)
 Social Responsibility
18

COMPANY SECRETARIES
BOSS?
WHETHER PCS IS A BOSS?
OR
A SERVANT?
19

COMPANY SECRETARIES
20

COMPANY SECRETARIES
21

COMPANY SECRETARIES
22

COMPANY SECRETARIES
23

COMPANY SECRETARIES
Existing practices
• COMPANIES ACT
• FEMA
• INCOME TAX
• INDIRECT TAX
COMPLIANCE • IPRs
ASPECTS • ARBITRATION&CONCILIATION
• ECONOMIC & COMPETITION LAWS
• BUSINESS PROMOTION
• PROJECT DEVELOPMENT
MANAGEMENT • STRATEGIC DEVELOPMENT
ASPECTS
24

COMPANY SECRETARIES
Pcs-corporate laws
COMPANIES ACT
-Pre-certification of forms
-Conducting Board and General Meetings
-CLB matters
-Oppression and MisManagement
-Compounding petitions
-Charges
o FEMA
-Certifications
-Compliances 25

COMPANY SECRETARIES
Pcs-corporate laws CONTD..
 DIRECT TAX
-Filing Returns
 INDIRECT TAXATION
-Service Tax
-VAT
-Customs Act
-Excise Act
 POLLUTION LAWS
 -Feasibility reports
 -licenses and registrations 26

COMPANY SECRETARIES
Pcs-corporate laws CONTD..
 OTHER ECONOMIC LAWS

-Compliances
-Registrations
 LABOUR LAWS
-Compliances
-Registrations
 CONSUMER PROTECTION ACT
-Appearances before the tribunals
 IPR LAWS
-Registrations
- Appearances
27

COMPANY SECRETARIES
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, 28
commercial and overall administration, besides the standard legal and
secretarial functions.
COMPANY SECRETARIES
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.
29

COMPANY SECRETARIES
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
30

COMPANY SECRETARIES
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.
31

COMPANY SECRETARIES
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). 32

COMPANY SECRETARIES
PRECAUTIONS FOR
CERTIFICATIONS
 Back up Documents
 Compliance of Law
 Independent Search
 Rewards
33

COMPANY SECRETARIES
Emerging areas
 Human Resources
 Carbon Credits
 IFRS
 IPRs-
Investigation,maintenance,agreements
and audits
 Intangible Assets Valuation
o Labor Law Compliance
Certificate/Audits
 Due Diligence 34

COMPANY SECRETARIES
AUTHORITIES
• ROC
• RBI
• BSE
EXISTING • SEBI
• ITAT &CESTAT
• CONSUMER PROTECTION
COUNCIL
• CLB
• ENERGY CONSERVATION
APPELATE TRIBUNAL
• IRDA
EMERGING • TRAI
• NCLT
• Forward Market Commission 35

COMPANY SECRETARIES
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
36

COMPANY SECRETARIES
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.
37

COMPANY SECRETARIES
WHAT ELSE??????
38

COMPANY SECRETARIES
GUESS?????
39

COMPANY SECRETARIES
WATCH THIS
40

COMPANY SECRETARIES
 Rangam (2011) BRRip 720p x264 AAC-
Ameet6233 (3).wmv
41

COMPANY SECRETARIES
Hold offices of M.P. ,M.L.A. ,etc
42

COMPANY SECRETARIES
 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. 43

COMPANY SECRETARIES
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
44
COMPANY SECRETARIES
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.,
45

COMPANY SECRETARIES
DO YOU KNOW THE SECRET BEHIND IT?
46

COMPANY SECRETARIES
ANY GUESS???????
47

COMPANY SECRETARIES
That’s because the company
secretary is good at keeping
company’s secrets than being a
company secretary
48

COMPANY SECRETARIES
Commitment to
Continuous
learning
Mastery of Ability to create
Theoretical knowledge as
Knowledge well as possess it
Professional
Competencies
Capacity to Applying
solve theoretical
problems knowledge to
Enthusiasm and practice
Commitment to
customers
49

COMPANY SECRETARIES
CSP
csp ACTIVITIES
– Activities MODEL
Model
External Focus Internal Focus

-Clients -Partners & Staff
-Practice Development -Practice Management
50

COMPANY SECRETARIES
CODE OF CONDUCT
 Friendly environment
 Professional and ethical behavior
 Confidentiality
 Due respect to the fellow members
 Spirit of Law
Be more concerned with your character
than your reputation, because your
character is what you really are, while
your reputation is merely what others
think you are.
51

COMPANY SECRETARIES
HOW DO YOU ACHIEVE SUCCESS?
52

COMPANY SECRETARIES
Watch this
53

COMPANY SECRETARIES
 Powerful Inspirational true story...Don't give
up!.wmv
54

COMPANY SECRETARIES
TIPS FOR SUCCESS
 Relationship
 Timely delivery
You must do the things you
 Alertness
think you cannot do.
 Updates
-Roosevelt
 Understanding
 Extending helping hand
 Balance
 Know your client
55

COMPANY SECRETARIES
In a nut shell
PCS ROLES:
 As an Advisor
 As an Auditor
 As a Consultant
 As an Academician
 As a Director
 As an Entrepreneur
 As a People’s Representative
56

COMPANY SECRETARIES
He who asks a question is a fool for five
minutes .he who does not ask a
question is a fool forever.
-Chinese proverb
57

COMPANY SECRETARIES
58

COMPANY SECRETARIES
ALL THE BEST
&
THANK YOU
59

COMPANY SECRETARIES

Areas of Practice - Cs. Ahalada Rao.v - 10!09!2012

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EXISTING AND EMERGING

CS. AHALADA RAO.V.

AHALADA RAO V.&ASSOCIATES

Academic Qualification : Bachelor of Science (B.Sc.)

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES Contd

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

-Mr. N.R. Narayana Murthy 14

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

 Whether practice or Job

 Whether employment of PCS or partnership

AHALADA RAO V. & ASSOCIATES

 Soft skills(public speaking, organizational setup

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

 OTHER ECONOMIC LAWS

AHALADA RAO V. & ASSOCIATES

Company Secretaries need to be fully aware of the legal implications and

 As the national boundaries disappear when it comes to trade and

 In such corporate scenarios Company Secretaries need to balance the

AHALADA RAO V. & ASSOCIATES

Role of SEBI-Financial Resource Person

 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

AHALADA RAO V. & ASSOCIATES

 Vetting & Drafting of Agreements.

AHALADA RAO V. & ASSOCIATES

 Annual Certification of a Listed Company under

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

 Particulars of offices or firms(Reg165)

 CSP not to engage in any other business or

AHALADA RAO V. & ASSOCIATES

GENERAL PERMISSIONS BY THE

 Life Insurance Agent.

 Editorship of professional journals.

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES

AHALADA RAO V. & ASSOCIATES