INDORE CHAPTER OF WIRC OF ICSI · 2017. 6. 1. · INDORE CHAPTER OF WIRC OF ICSI CATEGORY ‘A’...

INDORE CHAPTER OF WIRC OF ICSI

Address:-

B – 1/2/3, ASHRAY APPARTMENT,

2/1, MANORAMAGANJ

NEAR MAYANK HOSPITAL

INDORE -452001

MADHYA PRADESH

Telephone No:- (0731) – 2494552, 4248181

Fax No:- N.A.

Mobile No:- N.A.

E-mail Id [email protected]

Website www.icsi.edu/indore

Office Timings:- 10:00 AM to 05:45 PM

(Monday to Saturday)

Except 2nd & 04th Saturday & Govt. Holiday (CG)

Name and Designation of Office-in-

charge/Officials:- CS Pravin Gupta (Executive Officer)

E-mail Id: [email protected]

Please indicate whether the office is operating

from its own/rented premises 1 Hall (Owned)

4 Rooms (Rented)

Statutory Auditor

M/S INDER GUPTA & ASSOCIATES.

Chartered Accountants

Indore

Internal Auditor

M/S ASHOK KHASGIWALA & CO.

Chartered Accountants

Indore

Bankers

ICICI Bank

CANARA Bank

UCO Bank

IDBI Bank

mailto:[email protected]

http://www.icsi.edu/indore

INDORE CHAPTER

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting of Indore Chapter of WIRC of ICSI will be held on Friday 23rd June, 2017 at 04:00 PM at “ICSI Indore Chapter, B-1/2/3, Ashyray Apartments, 2/1, Manoramaganj, Indore to conduct the following business: -

1) To receive, consider and adopt the Audited Balance Sheet as at 31st March 2017, the Income & Expenditure account for the year ended on that date, Report of the Management Committee and Auditors’ thereon.

2) To Appoint M/s. Inder Gupta & Associates, Chartered Accountants, Indore as

Statutory Auditors for the year 2017-18 and fix their remuneration.

3) To transact such other business as may be brought before the meeting with the permission of the Chair.

By order of the Managing Committee. Place: - Indore Dated: - 31.05.2017 (CS Anurag Gangrade) Secretary

Note(s):

1. The members are requested to send their queries on financial accounts through email at [email protected] or by any

other mode, atleast three days in advance, so that answers may be made available at the meeting. 2. Members are requested to update the changes in their address(es), email IDs, contact details and other particulars

at ICSI Portal for enabling Indore Chapter to disseminate information about activities and programs. 3. In order to promote the Green Initiative, the ICSI vide its letter dated 21.10.2011 has directed all its Offices to send

the Annual Report to the members through electronic mode. Accordingly, Indore Chapter is sending Annual Report for the year 2016-17 through e-mail. Members may also view/download Annual Report from the child

portal of ICSI-Indore (www.icsi.edu/indore ). Copies of the Annual Report will be available at the venue of the

AGM i.e. B-1/2/3, Ashray Apartments, 2/1, Manoramaganj, Indore-452001 (M.P.) on 23.06.2017.

4. Members interested to receive the printed version of Annual Report should send their request at least 4 days prior to the date of the AGM. The printed version of the Annual Report shall be dispatched on receipt of such request.


http://www.icsi.edu/indore

Dear Member(s), We have immense pleasure in presenting to you the Annual Report for the financial year 2016-17 along with Audited Accounts and Report of Auditors thereon, on behalf of the Managing Committee of Indore Chapter of Western India Regional Council of the Institute of Company Secretaries of India. With the support, guidance and blessings of all of you, we made our best efforts for organizing various programs to extend benefit to the Members and Students at large which includes 15 Days Student Academic Development Program, Executive Development Programme (EDP), Professional Development Programme (PDP), 06 Management Skills Orientation Programme (MSOP), Study Circle Meetings, Half Day & Full Day Seminars, Investor Awareness Programme, Classroom Coaching Classes at Indore and many more which were not only attended by a huge gathering but also graced and addressed by various leaders, High Court Judges, eminent persons from the corporate world, academicians, senior civil servants and professionals among many others. The registration of students was recorded a tremendous growth during the year-2015-16 as 6700 students & 500 plus Members currently registered at Indore Chapter. It was made possible due to holding a good no. of Career Awareness Programme throughout the year and it covers various parts and with better student services and also cohesive and coordinated efforts to serve for excellence. Indore Chapter also successfully establish a Study Centre as well as exam center in Ujjain and also signed a MoU with Indian Institute of Management, Indore for ICSI Signature Award. Indore Chapter also adjudged as Best Chapter Award in A Grade Category of ICSI for the year 2015 in this year. FINANCIAL RESULTS: - We are hereby enclosing the Annual Audited Accounts for the year ended on 31st March, 2017 together with Auditors report and feel happy to inform that there is a surplus of Rs. 8,24,887.00/- during the year, in spite of ever high activities and also among them many activities were either organized at the subsidized charges or without charges from the members & students. We hereby recommend that these audited accounts and audit report may kindly be adopted. As a Chairperson of this vibrant Chapter, I got commendable experience in several areas and I am further motivated to face new challenges and explore new opportunities. Our Managing Committee is working with great passion and Team sprit to take the Chapter to the higher level in the years to come and to get amazing results. We are looking forward this year with lot of optimism for enduring better performance.

MANAGEMENT REPORT

Friends, we feel proud to share with you that, this is all because of your support and co-operation that we are getting the excellent result in all activities. We have successfully conducted various Training programs for the students and seminars for members on regular basis. Apart from the Professional Development programs the committee has also conducted programmes like Free Health Camp, Blood Donation Camp, Women’s Day, Van Mahotsav, Yoga Day, Earth Day, CS Day /PCS Day and Independence Day/Republic Day. Also we are working hard to provide best facilities for Oral Tuition Classes and we need support from all our members in whatever manner they may contribute. The motive of running OTC at Indore Chapter is to provide best faculties and guidance of other subject experts to the students on minimum cost and give them assistance in establishing themselves as a skillful Company Secretary. At the outset, we wish to place on record our deep sense of gratitude and thanks to Central council members of ICSI, Regional Council Members of WIRC, all past committee members, past chairman(s) & Secretaries and senior members, members and students of the Indore Chapter for their distinguished contributions in the development of the profession and the activities of the chapter. Indore Chapter made its generous endeavors to conduct the activities with a sole motto “Benefit to the Stakeholders at large”. I thank you all for supporting and encouraging us by your active participation in the various activities of the Chapter directly and indirectly. I also thank all the members of sub- committees in extending their arms for the betterment of Chapter and its activities. I would also like to express my sincere gratitude towards the Managing Committee, whose support and guidance have been invaluable. We are grateful to various speakers and guests who have contributed a large and enlightened us with their expert’s knowledge and opinion from time to time for making the Chapter activities so live and interesting. We are also grateful to the Press and Media who have also been co – operative and publishing the news relations to our Chapter from time to time. We are also grateful to all the Members and Students for their active participation and timely suggestions for improving the active participation and timely suggestions for improving the activities of the Chapter and to office staff who assisted us in carrying out or day to day duties. Member/Students can register their queries or send suggestions at [email protected] .

By order of the Managing Committee

For, Indore Chapter of WIRC of ICSI

Place: - Indore (CS Dipika Kataria) CHAIRPERSON


INDORE CHAPTER OF WIRC OF ICSI

CATEGORY ‘A’ CHAPTER OF ICSI

Total No. of Members:- 602 Total No. of Students:- 6,228

ACTIVITIES DURING FINANCIAL YEAR 2016-17

SN Date Topics Venue Chief Guest/Speaker

1 01.04.2016-03.04.2016

05th PEGP Indore Chapter -

2 02.04.2016 Management Tips Through

Movie Show Indore Chapter

CA Naveen Khandelwal

CA Prateek Uppal

3 05.04.2016-21.04.2016

05th MSOP Indore Chapter Dr. Narendra Dhakad, Vice Chansellor, Devi Ahilya University

4 16.04.2016 Half Day Seminar on

Corporate Governance Hotel lemon Tree

Indore

Shri P Narhari, IAS

Dr. Ramesh Mangal, Director, VCC, Indore

5 23.04.2016 23rd EDP Indore Chapter -

6 10.05.2016-11.05.2016

07th Two Days Induction Indore Chapter -

7 12.05.2016-14.05.2016

06th PEGP Indore Chapter -

8 15.06.2016 PCS Day Indore Chapter -

9 07.06.2016-22.06.2016

06th MSOP Indore Chapter

10 19.06.2016 Elocution Competition Indore Chapter -

11 19.06.2016 Free Health Check-up Camp Indore Chapter -

12 21.06.2016 International Yoga Day Indore Chapter -

13 25.06.2016-26.06.2016

ICSI-WIRC Annual Regional Conference

Hotel Sayaji, Indore -

14 29.06.2016 AGM Indore Chapter -

15 03.07.2016 Van Mahotsav

Co. C K Naidu Udhyan Indore

-

16 05.07.2016

Student Month-16

Indore Chapter

Anurag Gangrade

updates on emerging aspects in corporate laws

Dipika Kataria

17 05.07.2016 Interactive Session With Shri J N Tikku, Roc-Mp

Indore Chapter Shri J N Tikku, RoC MP

18 11.07.2016

Moot Court-Indore Chapter Level

Indore Chapter CS Aadhar Sharma & CS Soumya Sharma

19 13.07.2016

Student Month-Company Law Quiz

Indore Chapter -

20 15.07.2016

24th Executive Development Program

Indore Chapter -

21 19.07.2016

Student Month-16 Samadhan Diwas

Indore Chapter CS Pravin Gupta

22 25.07.2016 CS Pathshala- Drafting of Directors Report & AGM Notice

Indore Chapter CS Rajesh Lohiya

23 26.07.2016

CS Pathshala- Annual return-MGT-7

Indore Chapter CS Ashish Garg

24 27.07.2016 CS Pathshala- MCA E-Filling (MGT-14, DIR 11&12)

Indore Chapter CS L N Joshi

25 28.07.2016

CS Pathshala- Drafting of Minutes

Indore Chapter CS Dr. D K Jain

26 29.07.2016

CS Pathshala- Incorporation of Company

Indore Chapter CS Amrish Chaursia

27 30.07.2016 CS Pathshala-Recent Amendment in Service Tax

Indore Chapter CA Navin Khandelwal

28 31.07.2016 Swatchchta Abhiyan Geetabhavan Shri Mahendra Hardiya, MLA

29 03.08.2016

03rd Five Days Skills Development Program

Indore Chapter -

30 12.08.2016

Session on Introduction of GST

Indore Chapter CA Shailendra Porwal

31 15.08.2016

Celebration of Independence Day

Indore Chapter -

32

21.08.2016 National Seminar on NCLT & NCLAT

Hotel Lemon Tree

Shri U K Chaudhary- Past president-ICSI

CS Pradeep K Mittal- Senior Advocate

CS Saurabh Kalia-Partner Sastra Legal

Shri Vijay Assudani-Senior Advocate MP High-Court and Shri Ashok Mehta-Past Chairman-WIRC of ICSI

Session Justice I S Shrivastava-Retired Judge-MP High Court

33 22.08.2016

interactive session on insolvency & bankruptcy code

CA Rajkumar Adukia, Charted Accountant

34 23.08.2016

25th Executive Development Program

Devi Ahilya Arts Collge, Indore

-

35 27.08.2016 CS Pathshala-Xcel in Excel Indore Chapter Dr. Saurabh Pareekh

36 31.08.2016

CS Pathshala- First Step into the Corporate World

Devi Ahilya Arts Collge, Indore

CS Ashish Garg

37 09.09.2016 Guidance Program for Exam Indore Chapter CS Dr. D K Jain

38 10.09.2016 Half Day workshop on Annual Filling & XBRL

Indore Chapter CS Dr. D K Jain

CS Neelesh Gupta

39 15.09.2016 07th MSOP Indore Chapter -

40

21.09.2016 WTO Trade-Hope & Expectation

Indore Chapter

Dr. Prateek Sharma, Assitant Registar, Oriental University and Dr. Bharat Kulkarni, President Indo global SME Chamber, Indore , Shri Niraj Vijayvargiya, Vice President Indo Global SME Chamber

41 25.09.2016

Career Fair at Vaishnav College of Commerce

Indore -

42 28.09.2016 Drafting of CSR policy Indore Chapter CS Nilesh Gupta

43 01.10.2016 Overview of Security Market & Carrer Opportunities and National Symposium on GST

DAVV Auditorium, Khandwa Road, Indore

Mr. Sandip Ghose, Mr. Sahil Malik, Dr. Pawan G. Agrawal

44 01.10.2016 to 17.10.2016


45 04.10.2016 CS Day Indore Chapter

46 21.10.2016 to 22.10.2016

09th PIP Indore Chapter

47 24.10.2016 to 26.10.2016

08th PEGP Indore Chapter

48 04.11.2016 to 05.11.2016


49 07.11.2016 to 09.11.2016


50 15.11.2016 Awareness Programme on “Opportunity as an Investor & As a Professional”

Hotel Infinity, Indore Mr. Dal Chand Jat

51 12.11.2016 Panel Discussion "Impairment of Cash - (Legal & Tax Implications)"

Indore Chapter CA Shailendra Kumar Porwal

55 15.12.2016

Motivational Talk on "Story Telling & Soul on Fire "

Indore Chapter CA Pratik Uppal & Mr. Mridul Dadhich

56 03.01.2017

Movie Talk_Lesson from Manjhi

Indore Chapter CA Naveen Khandelwal

57 04.01.2017 A Talk on Compliance Management - Disclosure under Listing Agreement

Indore Chapter CS Manish Jain

58 05.01.2017 A Case Study on Show Cause Raised by Regulatory Authorities like SEBI, MCA

Indore Chapter CS B.M. Maheshwari

59 06.01.2017

A Talk on Revised Model (GST Law)

Indore Chapter CS Vineet Chopra

60 08.01.2017 to 13.01.2017

04th PSDP Indore Chapter

61 13.01.2017 Digitalization & Governance

Hotel Lemon Tree, Indore

ADGP Mr. Varun Kapoor, Mr. Vishal Kedia, Mr. Anand Munshi

62 23.01.2017 to 08.02.2017


63 26.01.2017 Republic Day Indore Chapter -

64 26.01.2017 Blood Donation Camp G.K. Hospital -

70

05.02.2017 Union Budget 2017 Hotel Mangal City,

Indore

CA (Dr.) Girish Ahuja, CA G. Ramaswamy, Dr. Kamlesh Bhandari, Shri Vijay Kumar Jhalani

71 16.02.2017 to 18.02.2017


72 17.02.2017 SCM on "FDI & Insolvency and Bankruptcy Code"

Indore Chapter CS Devesh Tukedar, CS Dr D K Jain

73 20.02.2017 to 24.02.2017

05th PSDP Indore Chapter

74 01.03.2017 to 05.03.2017

Classroom Teaching on “GST”

Indore Chapter

75 01.03.2017 1. Gst Concept, Features, Model Of Gst / Registration

CA Shailendra Porwal

76 02.03.2017 2. GST Definitions & Returns CA P.H. Motlani

77 03.03.2017

3. GST: Time, Value And Place Of Supply

CA G B Agrawal

78 04.03.2017

4. GST: Levy, Composition & Transitional Provisions

CA Sunil Jain

70 05.03.2017 5. GST: Miscellaneous CA.Kirti Joshi

71 08.03.17 to 25.03.2017


72 08.03.2017

Women’s Day & Session on Bullion Market

Hotel Crown Palace, Indore

CS Shilpa Dixit

73

11.03.2017 "Internal Aids to Construction of Statutes" & "Yearly Compliance"

Pritamlal Dua Sabhagrah, Indore

CS Ramaswamy Kalidas, CS (Dr.) D.K. Jain, CA Manish Dafaria, Mr. Akash Vijayvargiya

74 18.03.2017 “Corporate Governance Issues in Recent Scenario”


CS Gaurav N. Pingle

75 25.03.2017

LLP and Critical Issue & Recent Updates in Capital Market


CS Makarand Joshi, CS B. Narasimhan, Mr. Sandip Tahilramaney

76 30.03.2017 to 31.03.2017


RESERVES & SURPLUS Note - 1

(Amount in Rs. )

PARTICULARS As at 31st March 2017 As at 31st March 2016

(1) GENERAL RESERVE

As per last Balance Sheet 74,29,158 74,22,598

Add :

(i) Donations 8,200

(ii) Transfer from any Specific /Other Reserve 79,475 0

(iii) Additions during the year (mention specific source) 0

Less :

(i) Transfer to Contribution 2,15,950 1,640

(ii) Utilisation (mention specific purpose/nature) 0

Sub-Total (1) : 72,92,683 74,29,158 (2) OTHER THAN GENERAL RESERVES, IF ANY

(2A) BUILDING RESERVE

As per last Balance Sheet 0

Add : Interest 0

Add : Donations 0

Add : Transfer from Reserves 0

Add : Transfer from I&E Account 0

Less : Utilisation / transfer (mention specific purpose/nature) 0

Sub-Total (2A) : - 0

(2B) LIBRARY RESERVE


Add : Interest 0

Add : Donations 0



Sub-Total (2B) : - 0

(2C) INFRASTRUCTURE RESERVE


Add : Interest 0

Add : Donations 0


Add : Transfer from I&E Account 0


Sub-Total (2C) : - 0

(2D) OTHER RESERVE

As per last Balance Sheet 46,84,420 28,75,493

Add : Interest -

Add : Transfer from Reserves -

Add : Transfer from I&E Account -

Less : Utilisation / transfer (mention specific purpose/nature) -

Sub-Total (2D) : 46,84,420 28,75,493

TOTAL (2) : 46,84,420 28,75,493

(3) SURPLUS (Excess of Income over Expenditure transferred from I&E A/c) 8,24,887 18,08,927

(4) CONTRIBUTION TO /FROM TOWARDS LAND & BLDG / OTHER ASSETS 0

Add : Contribution (Liabilities) 1,61,700 0

Less : Contribution (Assets) 1,07,450

TOTAL (4) : 54,250 0

Total : (1)+(2) +(3)+(4) : 128,56,240 121,13,579

INDORE CHAPTER OF THE INSTITUTE OF COMPANY SECRETARIES OF INDIA

INDORE CHAPTER OF THE INSTITUTE OF COMPANY SECRETARIES OF INDIA Note - 2

EARMARKED FUND

(Amount in Rs. )

2016-17 2015-16 2016-17 2015-16 2016-17 2015-16

As per last Balance Sheet 83,23,000 83,23,000 0 83,23,000 83,23,000

Add: Contribution during the year - 0 0

Add: Transfer from Gen Reserve - 0 0

Add: Receipts during the year - 0 0

Add: Interest allocation - 0 0

Sub-Total : 83,23,000 83,23,000 - 0 83,23,000 83,23,000

Less: Transfer to GR on utilisation - 0 0

Less: Utilised during the year 0 0

Balance as at the close of the year 83,23,000 83,23,000 - 0 83,23,000 83,23,000

PARTICULARSINFRASTRUCTURE FUND

ENDOWMENT FOR PRIZE AWARD FUND

TOTAL AMOUNT


NOTE - 3

SUNDRY CREDITORS (Amount in Rs.)


Sundry Creditors

- For Goods & Services 0

- Others 0

CA Pratik Uppal 1,500

Total : 1,500 -

NOTE - 4

OTHER CURRENT LIABILITIES (Amount in Rs.)


Other Current Liabilities

(i) Fee received in advance from Members 0 0

(ii) Fee received in advance from Students 0 0

(iii) Security Deposits 1,00,000 1,79,475

(iv) Other Current Liabilities - -

- Property Tax - -

- TDS (Yearwise) - -

- Service Tax 1,93,008 7,250

- Professional Tax - -

- Sales Proceeds of HQ Publications - -

- Advance from HQ - -

- Advance from RO / Chap - -

Total : 2,93,008 1,86,725

NOTE - 5

SHORT TERM PROVISIONS (Amount in Rs.)


(i) Expense Payable

a) Audit Fee 6,000 6,000

b) office maintenance 1,000

c) Office rent 22,000

d) Photo Copy 6,427

e) Professional Tax 3,312 3,816

f) Programme Exp 12,880 25,920

g) Telephone Exp 821 2,979

h) Cleaning Houskeeping 1,400

i) News Paper 225

(ii) Provision for expenses -

a) Provision for accounting charges 6,000 5,000

b) Provision for Electricity Exp. 5,024

c) Provision for internal audit fee 8,625 2,500

39,263 80,666


FIXED ASSETS

( Amount in Rs.)

Gross Block Net Block

Cost Adjustment/ Total cost Total For the Adjustment/ Total as on as on

as on Transfer/Sale as on as on Year Transfer/ as on 31.3.2017 31.3.2016

1.4.2016 31.3.2017 1.4.2016 Sale 31.3.2017

(i) Tangible Assets

Furniture & Fixtures 10% 5,77,238 5,77,238 2,20,658.00 35,658 2,56,316 3,20,922 356580

Computer Peripherals 40% 3,43,592 55,250 3,98,842 1,77,861.00 80,556 2,58,417 1,40,425 165731

Cooling Equipment 15% 7,000 45,350 52,350 3,952.70 7,057 11,010 41,340 3,047

Electrical Equipment 15% - - - 0

Office Machines and - - - 0

Communication Equipment 15% - - - 0

Other Equipment 15% 33,965 48,944 82,909 17,154 12,470 29,624 53,285 16,811

Library Books 100% 59,113 1,680 60,793 59,113.00 1,680 60,793 - 0

Vehicles 20% - - - 0

Current Year Total (i) 10,20,908 1,51,224 - 11,72,132 4,78,738 1,37,421 - 6,16,159 5,55,973 5,42,170

Previous Year Total (i) 8,45,671 1,92,295 18,058 10,19,908 3,86,581 91,157 4,77,738 5,42,170 4,59,090

(ii) Intangible Assets

Software 1/3 35,275 39,800 75,075 23,515 25,027 48,542 26,533 11,760

Current Year Total (ii) 35,275 39,800 - 75,075 23,515 25,027 - 48,542 26,533 11,760

Previous Year Total (ii) 35,275 35,275 11,757 11,758 23,515 11,760 23,518

Current Year Total (i+ii) 10,56,183 1,91,024 - 12,47,207 5,02,253 1,62,448 - 6,64,701 5,82,506 5,53,930

Previous Year Total (i+ii) 8,80,946 1,92,295 18,058 10,55,183 3,53,098 1,02,915 - 4,56,013 5,99,170 5,27,848

FIXED ASSETS (Capital work in progress)

Cost Additions Adjustment/ Total cost

as on Transfer/ as on

1.4.2016 Sale 31.3.2017

(iii)

- - - -

- - - -

(iv)

- - - -

- - - -

Gross Block

Intangible Assets under development

Computer Software

Current Year Total (iv)

Previous Year Total (iv)

Items

Capital Work in Progress

Land under acquisition

Buildings under construction

Current Year Total (iii)

Previous Year Total (iii)

NOTE - 6

Items

Depreciation / Impairment

Additions

Rate of Depreci

ation


NON CURRENT INVESTMENTS (Amount in Rs.)

AS ON AS ON

01.04.2016 31.03.2017

I 0

0

0

0

0

0 - - -

II 0

0

0

0 - - -

III 0

0

0

0

0 - - -

IV OTHER NON-CURRENT INVESTMENTS

(A)

0 -

0 -

0 -

(B) 0

0

0

0

0

0

0 - - -

(C)

0 - - -

TOTAL IV : 0 0 0 0

TOTAL (I+II+III+IV) : 0 0 0 0

Fixed Deposits with institutions other than Banks

IDBI Bank

UCO Bank

OTHERS (Specify nature)

NOTE - 7

ADDITIONS DELETIONSPARTICULARS

SUB-TOTAL(I) :

INVESTMNET IN GOVT. SECURITIES

SUB-TOTAL(III) :

SUB-TOTAL (IV-A) :

SUB-TOTAL (IV-B) :

SUB-TOTAL (IV-C) :

INVESTMENT IN DEBENTURES / BONDS

INVESTMNET IN MUTUAL FUNDS

SUB-TOTAL(II) :

Fixed Deposits in Banks


CURRENT INVESTMENTS (Amount in Rs.)

AS ON AS ON

01.04.2016 31.03.2017

I -

-

-

-

- - - -

II -

-

-

- - - -

III -

-

-

-

- - -

IV

(A)

-

11,42,462 99,509 12,41,971

34,61,352 2,74,586 37,35,938

46,02,217 29,38,299 16,12,576 59,27,941

92,06,031 33,12,394 16,12,576 109,05,849

(B) -

-

-

-

-

-

- - - -

(C)

- - - -

TOTAL IV : 92,06,031 33,12,394 16,12,576 109,05,849

TOTAL (I+II+III+IV) : 92,06,031 33,12,394 16,12,576 109,05,849

Fixed Deposits with institutions other than Banks

SUB-TOTAL (IV-B) :

OTHERS (Specify nature)

SUB-TOTAL (IV-C) :

INVESTMENT IN DEBENTURES / BONDS

SUB-TOTAL(II) :

INVESTMNET IN MUTUAL FUNDS

SUB-TOTAL(III) :

OTHER NON-CURRENT INVESTMENTS

NOTE - 8

PARTICULARS ADDITIONS DELETIONS

SUB-TOTAL(I) :

INVESTMNET IN GOVT. SECURITIES


IDBI BANK

UCO BANK

CANARA BANK

SUB-TOTAL (IV-A) :


NOTE - 9

INVENTORIES (Amount in Rs.)

PARTICULARS

Publications (RO / Chapters own)

Consumables, Stores & Others (RO / Chap own) 0 0

Total : 0 0

NOTE - 10

SUNDRY DEBTORS (Amount in Rs.)

PARTICULARS

Sundry Debtors outstanding for more than six months

Secured, considered good 0 0

Unsecured, considered good 0 0

Doubtful 0 0

Less : Provision for Bad and Doubtful advance 0

SUB-TOTAL (a) 0

Others Sundry Debtors

Secured , considered good 1,05,338 6,911

Unsecured , considered good 4,500

Doubtful 1,09,838 6,911

Less : Provision for Bad and Doubtful advance

SUB-TOTAL (b) 1,09,838 6,911

Total : 1,09,838 6,911

NOTE - 11

CASH AND CASH EQUIVALENTS (Amount in Rs.)

PARTICULARS

Balances with Bank (Including linked term deposits) 6,26,058 15,22,077

Cheques / Drafts / Postal Orders / Stamps / 0

Franking Units in hand 0

Cash in hand 7,065.00 6,33,123 18,109 15,40,186

Total : 6,33,123 15,40,186

As at 31st March 2017 As at 31st March 2016




NOTE - 12

SHORT TERM LOANS AND ADVANCES (Amount in Rs.)

PARTICULARS

SHORT TERM LOANS AND ADVANCES

Secured, considered good 83,05,000 83,32,000

- 0 0

- 0 0

Unsecured, considered good 0 0

- 0 0

- 0 0

Doubtful 0 0

0 0

Less : Provision for Bad and Doubtful advance 0 0

Total : 8305000 8332000

NOTE - 13

OTHER CURRENT ASSETS (Amount in Rs.)

PARTICULARS

OTHER CURRENT ASSETS

Accrued Interst on Current Investments 5,79,377 7,00,221

Accrued Interst on Non-Current Investments 0 0

Prepaid Expenses 0 0

Security Deposit 0 0

CENVAT Credit 0 0

Recoverable from Parties / Vendors (with break up) 0 0

Recoverable from Headquarter (with break up) 0 0

- General Observer fees of June & Dec-2016 Exam 30,788 0

- TDS (TDS Deduct on Sponsorship of Programme) 7,097 0

- Reimbursement (with break up) 1,59,377 0

Recoverable from RO / Chapters (with break up) 0 0

WIRC 15,091 1,14,369

BHOPAL 6,114 6,114

Total : 7,97,844 8,20,704



INDORE CHAPTER OF THE INSTITUTE OF COMPANY SECRETARIES OF INDIA Note -14

INCOME FROM ACTIVITIES (Amount in Rs.)

Income from Students

Oral Education Fee 9,03,490 9,03,490 11,03,855 11,03,855

Other Fees :

Library Annual Subscription 0

Library Fine 0

Sale of Publications (RC /Chap own) 0

Programmes / Seminars

From Members

Program/Seminar/SCM 12,29,216 10,74,691

Annual Membership Scheme 1,56,957 13,86,173 1,66,293 12,40,984

From Students

- Oral Education

- Students Training Programmes 28,72,080 19,69,400

- Others 28,72,080 5,300 19,74,700

Total : 51,61,743 43,19,539

PARTICULARSFor the year ended

31st March 2017 31st March 2016


Note -15

OTHER INCOME (Amount in Rs.)

Subscription to Newsletter

Incentive on Investments

Investor Awarness Programmes

Provision no longer required, written-back

Donations - General

Rent

Grants received from Headquarters 2,35,297 2,35,297 7,56,173 7,56,173

Grants received from Regional Office Unpaid Security Deposits / EMD / Retention Money/Stale Cheques

Miscellaneous 99,283 99,283 1,01,398 1,01,398

Total : 3,34,580 8,57,571




Note -16

EMPLOYEE BENEFIT EXPENSE (Amount in Rs.)

Salaries and Allowances

a) Salaries and Allowances 0 0

b) Accounting Charges 0 0

c) Overtime 6,825 34,650

d) Working on Holiday 41,600 59,250

e) Incentive on student registration 0 48,425 0 93,900

Staff Welfare

a) Staff Welfare 410 1151

b) 0 0

c) 0 410 0 1,151

TOTAL 48,835 95,051

Note -17

TRAVELLING AND CONVEYANCE EXPENSE (Amount in Rs.)

Travelling Expenses 7,155 22,556

Conveyance Expenses 10,380 17,535 2,770 25,326

TOTAL 17,535 25,326

Note -18

PROGRAMMES / SEMINAR EXPENSES (Amount in Rs.)

Programmes / Seminars of Members

a) Seminar 14,65,603 12,46,997

b) SCM 27,596 17,617

c) Other 53,835 15,47,034 2,93,337 15,57,951

Programmes / Seminars of Students

a) Students Training Programmes 18,79,519 18,79,519 6,99,660

b) Other Programmes 0 6,99,660

TOTAL 34,26,552 22,57,611







INDORE CHAPTER OF THE INSTITUTE OF COMPANY SECRETARIES OF INDIA Note - 19

OTHER EXPENSES (Amount in Rs.)

Stationery 1,25,036 1,01,749

Newsletter 0 1,14,614

Legal and Professional Services 3,290 26,758

Rent, Rates and Taxes 3,26,350 1,67,100

Electricity and Water 90,148 85,776

Communication Expense

- Telephone / Fax 36,473 51,492

- Courier / Postage 18,932 55,405 8,922 60,414

Insurance 0 0 0

Repairs and Maintenance

- Buildings 9,260 8,536

- Computer 38,646 21,895

- Other Assets 4,450 7,200

- Vehicles 52,356 37,631

Office Expenses 1,22,589 2,09,515

Newspapers and Periodicals 11,650 6,899

Meeting expenses 47,942 48,409

Computerisation (Data Processing) 0 0

Prior-period expenses 0 0

Packing and Despatch 0 0

Loss on Sale/ Disposal/Write-off of Assets 0 13,058

Loss/Write-off of Stocks 0 0

Bank Charges 2,096 1,453

Student Scholarship and Awards 0 0

Auditors Remuneration (including Service Tax)

- Audit Fees (Statutory Audit Fee) 6,000 6,000

- Other Services (Internal Audit Fee) 33,350 39,350 12,501 18,501

Investor Awarness Programmes 0 0

TDS / Income Tax Recoverable written off 0 0

Bad Debts 0 0

Provision for Bad/Doubtful Debts 0 0

TOTAL 8,76,212 8,91,877




SUB GROUPING SHEET2016-17 2015-16

(Amount in Rs.) (Amount in Rs.)Long Term Loan and Advances

1 Advance Rent to Renu Agrawal 28800 100002 Contribution Towards HQ Land/Building 150051 234208

Total 178851 244208

Interest on Investments1 IDBI 1106400014979 20834 286542 IDBI 1107000119580 20989 232443 IDBI 1107000119597 20987 232424 IDBI 1107000119610 4469 49495 IDBI 1107000119603 18930 209656 UCO Bank 5250310098516 54742 591897 UCO Bank 5250310098509 54718 591898 UCO Bank 5250310098530 54741 591909 UCO Bank 5250310111901 64755 68339

10 UCO Bank 5250310098523 54742 5918911 CANARA BANK 2074401004496-07 0 670612 CANARA BANK 2074401004496-08(08,17,24) 49531 5310313 CANARA BANK 2074401004496-09(09,18,25) 49531 5310314 CANARA BANK 2074401004496-14(14,22,29) 18761 1956615 CANARA BANK 2074401004496-15(15,23,30) 46471 4977916 CANARA BANK 2074401004496-10(10,19,26) 54722 5686317 CANARA BANK 2074401004496-11(11,20,27) 53852 5419118 CANARA BANK 2074401004496-12(12,21) 11839 4515719 CANARA BANK 2074301000555/7(7) 7746 3181120 CANARA BANK 2074401005674 (01,04) 19838 830021 CANARA BANK 2074401005674-03 931 022 CANARA BANK 2074401005674-02 41143 023 CANARA BANK 2074401005674-05 2035 024 CANARA BANK 2074401006119-01 52085 0

Total 778392 784730

Oral Eduction ExpenseHonorarium to OTC Faculty

Honorarium to Foundation 274752 207900Honorarium to Executive 472807 413980Honorarium to Profesional 0 40500

OTC Administrative Exp. 20945 34507OTC Bag Purchases 20475 61755

Total 788979 758642

Career Awareness and Promotion ExpenseBlood Donation Camp 4740 20105Capital Market Week 0 1385Career Awareness Programme 2725 0Career Awareness Corporate Advertisment 68242 0

Career Fair 53560 0

Total 129267 21490

Depreciation & AmortizationFurniture & Fixture

Board on Aluminium Plate 2535 1972

Chair 1043 1159

Furniture A/c 30120 31911Furniture New 1475 1427Podium 486 540

Computer PeripheralsBattery 2131 3552Computer 25639 9677Laptop HP 18720 11700Printer HP 1020 Plus 325 541Printer New HP 2503 4172Projector 13832 8553Scanner 518 864UPS for Library 2624 1640EPSON Printer 363 0Dell Laptop 1050 0Hard Drive 9200 0Presenter 3650 0

Other EquipmentCamera 454 534CC TV Camera 2486 2432Fire Extiguishers 4218 0EPBX Machine 163 0Mike 5150 0

Cooling EquipmentWater Purifire RO 457 538Air Conditioner 4125 0Fan 2350 0Cooler 125 0

Liabrary Book

Liabrary Book 1680 9945

SoftwareSoftware 11760 11758Tally 9.0 ERP 5733 0Windows 8.1 Pro 7533 0

Total 162448 102915

OTHER EXPENSESStationery

Photocopy & Spiral Binding 75599 49591Stationery & Printing 49437 52158

125036 101749

Newsletter (Directory)Directory New 0 114614

0 114614

Legal & Professinal Services1 Legal & Professinal Services 2700 50002 Media Conference 0 170223 Professional Tax Registration 590 4736

3290 26758

Rent, Rates & Taxes1 Office Rent 293550 1380002 Socity Maintenance 32800 29100

326350 167100

Electricity & Water1 Qtr-June 21165 154882 Qtr-September 18007 376083 Qtr-December 31663 187064 Qtr-March 19313 13974

90148 85776

Communication Expense Bulk Mail 97 12Bulk SMS 10585 9387Postage & Courier Exp. 8250 8922Telephone Etc. 36473 42093

55405 60414

Repairs and Maintenance Buildings 9260 8536 Computer 38646 21895 Other Assets 4450 7200

52356 37631

Office Expenses1 Exam Exp. 1825 12942 Festival Exp. 12860 113203 Fereight Exp. 4234 28504 Gifts Exp. 13301 86005 Housekeeping 20672 284126 Misc. Exp. 2059 166507 office Maintenance 16878 961138 Water RO Charges 32430 36009 Swach Bhart Cess 2985 0

10 Accounting Charges 6000 500011 Awards & Prize Money 8420 560412 Best Chapter Award Exp. 925 1307213 CSBF 0 17000

122589 209515

Newspapers and Periodicals 1 News Paper Exp. 3080 58702 Press Conference 8570 1029

11650 6899

Meeting expenses 1 Managing Comi. Meeting Exp. 3727 62062 Meeting Exp. 1035 202353 President meeting 3373 04 Building Committee Meeting 20758 2105 Refreshement 19049 21758

47942 48409

Loss on sale /disposal of assets1 Loss on Sale of Laptop Sony Vaio 0 75282 Loss on Sale of UPS 0 5530

0 13058


REFERENCE SHEET

Reference 2016-17 2015-16

to Notes (Amount in Rs.) (Amount in Rs.)

(1) Current Liabilities 3

Sundry Creditors (Partywise)

CA Pratik Uppal 1500 0

1500 0

(2) Other Current Liabilities 4

Library Deposit 79475

EMD Payable 100000 100000

Service Tax Payable to WIRC 193008 7250

293008 186725

(3) Non-Current Assets 6

Fixed Assets

(i) Tangible Assets

Furniture & Fixture

Board on Aluminium Plate 22813 25347

Chair 9386 10429

Furniture A/c 271076 301196

Furniture New 13273 14748

Podium 4374 4860

320922 356580

Computer Peripherals

Battery 3197 5328

Computer 38459 64099

Laptop HP 28080 46800

Printer HP 1020 Plus 487 811

Printer New HP 3755 6258

Projector 20747 34579

Scanner 778 1296

UPS for Library 3936 6560

Dell Laptop 30450 0

EPSON 10537 0

140425 165731

Other Equipment

Camera 2574 3028

CC TV Camera 36273 13783

EPBX Machine 6337 0

Mike 8100 0

53285 16812

Cooling Equipment

Water Purifire RO 2590 3047

Air Conditioner 28875 0

Cooler 9875 0

41340 3047

SUB-TOTAL (Tangible Assets) (a) 555973 542170

(ii) Intangible Asssets

Soffware 15066 11760

Tally 9.0 ERP 11467 0

26533 11760

TOTAL (Tangible Assets)+(intangible Assets) 582506 553930

(5) Current Investments 8


IDBI Bank1107000119580 279897 258977

IDBI Bank1106400014979 369685 336191.88

IDBI Bank1107000119610 59559 55105

IDBI Bank1107000119603 252286 233418

IDBI Bank1107000119597 279688 258770.35

UCO Bank 5250310098516 724397 671126.83

UCO Bank 5250310098509 723556 671126.83

UCO Bank 5250310098530 724398 671128.83

UCO Bank 5250310098523 724399 670286.33

UCO Bank 52503100111901 839188 777682.5

Canara Bank 2074401004496-07 702862 641117

Canara Bank 2074401004496-08 636106 582523

Canara Bank 2074401004496-14 636106 582523

Canara Bank 2074401004496-15 252786 225092

Canara Bank 2074401004496-10 633385 550371

Canara Bank 2074401004496-11 699934 638504

Canara Bank 2074401004496-12 0 532087

Canara Bank 2074301000555/7 0 600000

Canara Bank 2074401005674/1 267617 250000

Canara Bank 2074401005674-02 600000 0

Canara Bank 2074401005674-05 650000 0

Canara Bank 2074401006119-01 850000 0

Total Current Investments 10905849 9206031

(6) Sundry Debtors 10

Shreya Gupta (OTC Executive Pro. Dec, 2014 Batch 4500 4500

Input Credit for Service Tax 88865 2411

Purvisha Jain 16473 0

109838 6911

(7) Cash and Cash Equivalents 11

Canara Bank (2074132000004) 324518 857447

ICICI Bank (004101034838) 268323 145781

ICICI Bank (091601002035) 33218 518850

Cash in Hand 7065 18109

633123 1540186

(8) Short Term Loans & Advances 12

Advance for Building 8025000 8025000

Advance for OTC Class 0 28000

Chapter Contribution Toward Building 278000 278000

Radioum Technocrat 1000 1000

Advance for Programme 1000 0

8305000 8332000

(9) Other current Assets 13

Accrued Interest on Current Investments

Accrued Interest on IDBI Bank1106400014979 11047 25789





Accrued Interest on Canara Bank FD All 41083 334686

Accrued Interest on UCO Bank 5250310098516 102639 53270





Recoverable from WIRC

WIRC (President Meeting) 0 12599

WIRC (Annual PCS Conference 14 & 15 June, 2015) 0 86679

WIRC (Full Day Seminar held on 28/02/2016) 15091 15091

Recoverable from HQ

Observer fees receivable from HQ 30788 0

Recoverable from HQ for CAP 69300

Recoverable from HQ for Legal Exp. 32500

Recoverable from HQ for other Exp. 57577

TDS (TDS Deduct on Sponsorship of Programme) 7097

Recoverable from Bhopal Chapter

Bhopal Chapter 6114 6114

Total 797844 820704

-10 Income 14

Income from Activities

Oral Education Fee

OTC Foundation Programme 412700 303500

OTC Executive Programme 490790 767205

OTC Professioanl Programme 0 31000

OTC Test Series 0 2150

903490 1103855

Annual Membership Scheme

Annual Membership Scheme 156957 166293

156957 166293

Program/Seminar/SCM

Full Day Seminar 107392 230611

Half Day Seminar 462723 74967

Other Seminar/Workshop/Program 201567 726026

In House Discussion 30007 17933

Union Budget 14305 13450

Womens Day Program 20608 11704

Annual Regional Conference 392613 0

1229216 1074691

Total of Income from Activities 1386173 1240984

Receipt for Students Programmes

Executive Development Program 314000 63000

2 Days Induction 248500 268000

3 Days e-Governance 459500 547000

5 Days Skill Development 312500 219000

Management Skill Orientation Programme 1486500 833200

PDP/Seminar/Workshop 51080 39200

2872080 1969400

Others

CSBF 0 5000

Picnic 20/04/2014 0 300

0 5300

Total of Income from Activites 5161743 4319539

-11 Other Income 15

Grants received from Headquarters

Development Grant 61850 72280

Grant for Rent 84960 98800

Grant for Electricity /Water 43453 48834

Grant for Telephone 35034 35800

Grant for Society Maintenance 0 13200

Grant for HQ for Exp. 0 479108

Grant for Salary 0 8151

Grant for Best Chapter Award 10000 0

235297 756173

Miscellaneous Income

Bank Interest Rec. 45607 8187

Direcrory 1300 0

Duplicate Certificate fees 400 500

Grant W/off 0 1640

Misc. Income 40050 1200

Commission on Sale of Publication 4926 9487

Career Awareness Corporate Advertisment 0 53090

Interest on Saving Bank Account 0 27294

Other award Income 7000 0

Total 99283 101398

-12 Employee Benefit Expense 16

Overtime 6825 34650

Working on Holiday 41600 59250

Staffwelfare 410 1151

Total 48835 95051

-14 Programmes / Seminars of Members 18

a) Seminar

Full Day Seminar 93000 243965

Half Day Seminar 468202 86330

Other Seminar/Workshop/Program 187449 872166

Union Budget 40492 15000

Womens Day Program 17809 29536

Annual Regional Conference 658651 0

1465603 1246997

b) SCM

In House Discussion 27596 17617

27596 17617

c) other

Other Program Exp. 53835 293337

1547034 1557951

b) Students Training Programmes

Executive Development Program 231688 40018

Student Induction Program 1800 1500

2 Days Induction 89851 90626

3 Days e-Governance 176700 112062

5 Days Skill Development 143897 97968

Management Skill Orientation Programme 1202386 345013

PDP/Seminar/Workshop 33198 12473

1879519 699660

Total of Programme/ Seminar Expenses 3426552 2257611

INDORE CHAPTER OF WIRC OF ICSI · 2017. 6. 1. · INDORE CHAPTER OF WIRC OF ICSI CATEGORY ‘A’...

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