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<strong>FARIDABAD</strong> CHAPTER<br />

<strong>YOUNG</strong> <strong>CHAMPS</strong> <strong>OF</strong> <strong>FARIDABAD</strong><br />

Faridabad Chapter Of NIRC Of ICSI<br />

THE INSTITUTE <strong>OF</strong> COMPANY SECRETARIES <strong>OF</strong> INDIA<br />

SHOP NO. 106, VARDHMAN MALL, SECTOR – 19, <strong>FARIDABAD</strong> – 121002<br />

Contact No.: 9136606601-5<br />

Website: www.icsi.edu/Faridabad<br />

Email Address: icsifbdchapter@gmail.com<br />

For Private Circulation Only<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

The Journey Towards Excellence Continues...


<strong>FARIDABAD</strong> CHAPTER<br />

Glimpses – March - 2012<br />

Felicitation of Toppers of Faridabad in Budget Seminar held on 18 March, 2012<br />

at DAV Institute of Management<br />

Result Celebtration Party<br />

held on Result Day<br />

(25.02.2012)<br />

at NIAM Institute of<br />

Applied Management.<br />

9 th Students Induction Program held<br />

from 12.03.2012 to 18.03.2012<br />

at DAV Institute of Management.<br />

2<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue


<strong>FARIDABAD</strong> CHAPTER<br />

From The Desk of Chairman<br />

CS Vinit Sikka<br />

Dear Friends & Students,<br />

Mobile No. 9871664440<br />

E-mail: sikkavinit@yahoo.co.in<br />

“There is no future in any job. The future lies in<br />

the man who holds the job”<br />

This indeed is more relevant in today’s environment<br />

full of temptations than ever before. Over the years<br />

the profile of our profession has witnessed expanding<br />

trend with each development in corporate and regulatory<br />

environment.<br />

A distinguishing characteristic of a profession is the<br />

ability to combine ethical standards with the performance<br />

of technical skills. The professionals being exclusive<br />

custodian of expertise need to posses high<br />

ethical and moral value, and to redeem their noble<br />

traditions. A dynamic movement is therefore desired<br />

to promote a value revolution with deeper conviction<br />

and creative consciousness, leading the members to<br />

be good professional citizens.<br />

To achieve this level of distinction the need for a proactive<br />

approach, vigil on changing paradigm and,<br />

above all, adherence to highest standards cannot be<br />

overstated. It becomes all the more important in the<br />

present environment where short cuts always look<br />

rewarding. It is, therefore imperative for all of us to<br />

keep updated ourselves and perform our duties / our<br />

functions that meet technical standards and expectations.<br />

Meeting with NIRC Chairman and Chairman of<br />

other Chapters of NIRC<br />

On 26 February, 2012, Myself and Ms. Rajni Aggarwal<br />

(Vice – Chairperson) had an opportunity to interact<br />

with Chairman of NIRC and Chairman of other Chapters<br />

under the jurisdiction of NIRC in a meeting organized<br />

at India International Center, New Delhi. 22<br />

Glimpses March, 2012<br />

From the Desk of Chapter Chairman<br />

From the Desk of Secretary & Chief Editor<br />

Congratulation to Mr. N. K. Goel<br />

Profile of Toppers of Faridabad<br />

3<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

Interview of Ms. Sweety All India 3 rd Rank in Professional Program<br />

Mentoring Mantra How to make life a real bliss<br />

Women touching The New Heights<br />

Announcements Upcoming Programs<br />

Article How to succeed in exams<br />

Appeal CSBF<br />

Content<br />

Admission to CS Foundation Program<br />

KYC Faridabad as industrial Hub<br />

Celebration Party A Report<br />

SIP - 9 A Report<br />

Budget Seminar A Report<br />

Bouquets & Brickbats CS Fraternity<br />

************************************************************<br />

Chief Editor<br />

CS N. K. Goel<br />

************************************************************<br />

For past editions of FbdCS e-newsletter:<br />

http://www.icsi.edu/faridabad<br />

For updation of contact details of yours and your CS friends,<br />

send e-mail at:<br />

icsifbdchapter@gmail.com | Faridabad@icsi.edu<br />

Disclaimer:<br />

************************************************************<br />

Views and other contents expressed or provided herein need to be con-<br />

strued as views of the individual. The readers are advised to take all<br />

the precautions while initiating any activity on the basis of thoughts<br />

expressed herein. Faridabad Chapter do not owe any responsibility.


<strong>FARIDABAD</strong> CHAPTER<br />

Chapters were represented by their Chairperson/Office<br />

Bearers. The Commitment & participation from the<br />

Chapters was very encouraging.<br />

In meeting specially for Faridabad Chapter two challenges<br />

were posed out namely Implementation of ERP<br />

System in our Chapter and Construction of Chapter<br />

Building as early as possible.<br />

You will be pleased to know that Mr. Shri Prakash, Assistant<br />

Director (Finance) H. Q. had visited the Chapter and<br />

imparted necessary training to our staff.<br />

Progress in Building Construction Project<br />

On 29th February, 2012 myself and Chapter Secretary<br />

Mr. N.K. Goel met architect Mr. Munish Gupta appointed<br />

for Chapter Building project and discussed the progress.<br />

He informed that the work is held up in want of approved<br />

Zoning Plan from HUDA, Faridabad. We took up the<br />

matter with concerned officials of HUDA Faridabad and<br />

we have been informed that the file is now with Administrator<br />

HUDA for clearance. Thereafter it will be sent to<br />

DTP Chandigarh for final clearance.<br />

We are constantly following up the matter and hoping<br />

that the Building Construction work shall start soon.<br />

CS Result announcement on 25 February, 2012<br />

I take this opportunity to convey my heartiest congratulation<br />

to the students who achieved success in the December,<br />

2011 CS Examination. My special appreciation goes<br />

to the girl students who have performed better in all<br />

three stages of the examination viz. Foundation, Executive<br />

and Professional.<br />

On 25 February, 2012 itself, the day when the result was<br />

declared, we organized a celebration party for successful<br />

students and honored the students of Faridabad Chapter.<br />

We are also publishing elsewhere in this newsletter<br />

the profile of Faridabad Toppers in appreciation of their<br />

hard work and in recognition of their achievement.<br />

I would like to advice the unsuccessful students not to<br />

give up hope or get disheartened or discouraged, It is a<br />

truth that our loss in faith weakens our inner person and<br />

it also weakens our energy to respond to a given situation.<br />

But hope gives strength to us. I would advise you all<br />

4<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

to revitalize your hope through self-introspection and by<br />

a rational analysis of your strengths, weakness’, opportunities<br />

and threats. Prepare well for the next examination.<br />

CSBF Membership<br />

The Company Secretaries Benevolent Fund is a collegial<br />

initiative to financially support our brethren in times of<br />

distress. In recent past, some of our members have died<br />

leaving behind the spouse and minor children. In some<br />

cases providing adequate financial assistance to the bereaved<br />

family become an impediment. I, therefore, appeal<br />

those of you who have not become the member of<br />

the Fund to join the Fund as the life members.<br />

New Financial Year 2012-13<br />

By the time this issue of the newsletter reaches you,<br />

most of you would be giving final touches to your plan<br />

and strategies for the year end closing and planning for<br />

the next financial year.<br />

Best Wishes for the new Financial Year 2012 -13.<br />

With Kind Regards,<br />

Vinit Sikka<br />

Chairman


<strong>FARIDABAD</strong> CHAPTER<br />

Aa jaIvaBaya`oa Qanap`aya catuQaa-ivaBajaod vauQa: .<br />

Qamaa-qaa-ya kamaaya Aap%p`Samanaaya ca ..<br />

A responsible person shall divide his earnings in<br />

four equal part.<br />

25% to be used for his own livelihood,<br />

25% to be spent for society (charity),<br />

25% to be used for creation of wealth (plough<br />

back) and the balance<br />

25% for meeting contingencies (savings).<br />

Dear Friends<br />

Budget 2012-13<br />

CS N. K. Goel<br />

Mobile No. :-9811322076<br />

E-mail- nkgoel@jbm.co.in<br />

When the first Finance Minister of India, Shri R.K. Shanmukha<br />

Chetty, presented the first budget of the country<br />

soon after independence, on 26th November, 1947, he<br />

was conscious of the responsibilities that face(d) the<br />

custodian of the finances of India at this (that) critical<br />

juncture. He, therefore, was fully conscious of the fact<br />

that any policy of stabilization must aim not merely at the<br />

increase of production of both consumer and producer<br />

goods but also at the pegging of money incomes at an<br />

agreed and accepted level so that the increased volume<br />

of trading resulting from the increase of production may<br />

neutralize the inflationary effects of the large volume of<br />

uncovered money income. For him, if a policy was to be<br />

carried out successfully, it would require as appreciation<br />

of the situation by labour and its wholehearted cooperation.<br />

Now when the present Finance Minister of India Shri<br />

Pranab Mukherjee presented the Budget 2012-2013,<br />

amidst uncertainties and rapid changes added with opportunities<br />

and challenges and economy back to its precrises<br />

growth trajectory. Though not much changes have<br />

From the desk of Secretary and Chief Editor<br />

5<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

been brought in by this budget but the emphasis on efforts<br />

for manufacturing sector and infrastructure development<br />

clearly indicates the intention of Government to<br />

create healthy growth environment in the Country. We<br />

must congratulate the Hon’ble Finance Minister for keeping<br />

a balanced approach.<br />

To have detailed understanding and deliberation to understand<br />

the intricacies and complexity involved in the<br />

Budget 2012-13. We have conducted a Budget Seminar<br />

on 18 th March, 2012 at DAV Institute of Management,<br />

Faridabad. Where in more than 50 members and Students<br />

were present.<br />

Examination Result<br />

Result of the Company Secretaries Examination held in<br />

December, 2011 have been declared. I would like to congratulate<br />

all students who have passed the CS examination<br />

including the Toppers of Faridabad Chapter of all<br />

streams namely, Foundation, Executive, and Professional<br />

Program. I wish all of them a very bright future. I<br />

would also like to communicate those who could not succeed<br />

that there is always a second time and preservation<br />

always pays. Perks up and try again- you will succeed<br />

eventually.<br />

The last decade witnessed a spurt in the number of female<br />

candidates enrolling for the CS course. The percentage<br />

of women qualifying Company Secretaries has<br />

also been steadily increasing over the years.I hope the<br />

success of female candidates in the CS examination<br />

would encourage more and more women to take up the<br />

CS course. I am sure that they will continue to do well in<br />

their onwards professional journey and achieve<br />

“empowerment” in its sense.<br />

You will feel happy to know that Ms. Sweety Chaudhary<br />

from your own Chapter has stood 3 rd on All India basis in<br />

the Professional examination held in December, 2011.<br />

We had an exclusive interview with her which is being<br />

published elsewhere in this newsletter.<br />

On Budget Seminar day i.e. on 18 th March, 2012, the<br />

Chapter felicitated the first three toppers of all streams of<br />

CS students namely Foundation, Executive and Profes-


<strong>FARIDABAD</strong> CHAPTER<br />

sional Program. The detailed profile of these students<br />

are being published elsewhere in this newsletter.<br />

Forthcoming Programs<br />

In line with our desire to improve the knowledge of its<br />

Members, the Chapter shall be organizing Study Circle<br />

Meetings in second week of April, 2012.<br />

For the benefits of the Students the following programs<br />

are being organized :<br />

SIP – 10<br />

PDP<br />

EDP<br />

The details of these program are being published elsewhere<br />

in the newsletter.<br />

Development on Chapter Building Construction work<br />

6<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

We are continuously following up with HUDA Faridabad<br />

Authorities to approve the Zoning Plan of the proposed<br />

Building of the Chapter. We are hopeful that we shall<br />

start the construction work on Chapter Building soon.<br />

In the last I, humbly appeal to all the Members and Students<br />

to interact with the Chapter more often and provide<br />

your valuable feedback for betterment of services. I assure<br />

you that we will do whatever best is possible in the<br />

circumstances.<br />

Wish you a happy new Financial Year 2012-13.<br />

With Best Regards,<br />

N.K. Goel<br />

Secretary & Chief Editor<br />

Congratulation to Mr. N. K. Goel<br />

Felicitation at Annual Function of NIRC of<br />

ICAI held at 19 th February, 2011 at Hotel Le<br />

-Meredian on his contribution as a member<br />

of the Research Group of the Council<br />

with the hands of Mr. Subodh Aggarwal<br />

Vice President of ICAI and Mr. Vinod Jain,<br />

Council Member of ICAI.<br />

Sh. N.K. Goel, CFO and Company Secretary<br />

of JBM Auto Limited and Secretary of<br />

Faridabad Chapter on being selected in<br />

August Category of Top 100 CFO’s of the<br />

country on 20th March 2012. Felicitation<br />

at Hotel Taj President, Mumbai with the<br />

hands of Sh. T.V. Mohandas Pai Ex CFO<br />

Infosys.


<strong>FARIDABAD</strong> CHAPTER<br />

PR<strong>OF</strong>ESSIONAL PROGRAM<br />

SWEETY CHAUDHARY<br />

She is the ALL INDIA 3RD RANK<br />

HOLDER. She has done B.Sc in Zoology<br />

from IGNOU with 76% marks and<br />

also completed her MBA (HR & Finance)<br />

from IGNOU with First Division.<br />

Simultaneously she has cleared her CS Executive<br />

with 62% Marks in December, 2010 and cleared her CS<br />

Professional with All India 3rd Rank in December, 2011.<br />

Currently she is working as a CS Trainee in JBM Auto<br />

Limited.<br />

PRIYANKA AGRAWAL<br />

She has cleared all the four groups of<br />

CS Professional Exam in December<br />

2011 with 53.13% and has cleared all<br />

the three stages of examination in first<br />

attempt throughout. She’s also an associate<br />

member of The Institute of Chartered Accountants<br />

of India and has completed her articleship from M/s<br />

Rakesh Raj and Associates, Faridabad. She has completed<br />

B.Com (Hons.) from Delhi University with First<br />

Division.<br />

EXECUTIVE PROGRAM<br />

DEEPTI TANEJA<br />

Profile of toppers of Faridabad<br />

7<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

She has cleared all Modules of Professional program in December, 2011 session in first attempt. By<br />

qualification she is a Chartered Accountant, Cost and Management Accountant (Inter), Company<br />

Secretary and M.com from Delhi University.<br />

ANSHU NAGPAL<br />

RISHAP AHUJA<br />

He has cleared All Modules of CS<br />

Professional Program in 1st attempt<br />

only and secured 50% marks. He<br />

He had also secured All India 18th<br />

Rank in CA (CPT) examination in<br />

the year 2006. He is also a qualified Chartered Accountant.<br />

He has done his graduation from Shaheed Bhagat<br />

Singh Collage. He is currently working in the assurance<br />

department(statutory audit) of PriceWaterhouse<br />

Coopers(PwC). He has passed his 12th class from<br />

Delhi Public School and secured 91% marks.<br />

SOMIL AGARWAL<br />

He has qualified all groups of CS final<br />

in December 2011. He is a<br />

Bachelor of Commerce from Delhi<br />

University and an Associate member<br />

of Institute of Chartered Accountants<br />

of India. Currently, he is practicing as Chartered Accountant<br />

as partner in M/s Rakesh Raj & Associates.<br />

He holds work experience in Direct Taxation Appellate<br />

& Advisory services along with International Taxation<br />

and Transfer Pricing matters.<br />

She has got 1 st rank in Faridabad and 11th All India Rank in Executive program examination held in<br />

December, 2011. She has also got 91% marks in 12 th class.


<strong>FARIDABAD</strong> CHAPTER<br />

DEEPAK SUNEJA<br />

He has stood 2nd in Faridabad Executive<br />

Examination of the Institute held in<br />

December, 2011. He is also a Chartered<br />

Accountant. He has completed<br />

his graduation from Shri Ram Collage<br />

of Commerce (SRCC), D.U. Presently he is working<br />

with Lakshmikumaran & Sridharan Associates.<br />

FOUNDATION PROGRAM<br />

BHAWANA NAHATA<br />

She has stood 1st in Faridabad<br />

and 12th all India Rank in<br />

Foundation Examination of the<br />

Institute held in December,<br />

2011. She has passed her 12th<br />

class from M.V.N School and scored 96.2% marks.<br />

Presently she is pursuing her graduation from Sri<br />

Ram Collage of Commerce (SRCC), Delhi. She has<br />

also scored All India 43rd Rank in CA IPCC EXAMI-<br />

NATION held in November 2011.<br />

AMAN GOEL<br />

He has stood 2nd in Faridabad<br />

Foundation Examination of the<br />

Institute held in December,<br />

2011. He has passed his 12th<br />

class from St. George’s Collage, Mussoori. He has<br />

scored 95.5% marks in class 12th and stood 1st in<br />

Mussoori Region in 2010.<br />

Presently he is doing B.Com(H) from Sri Ram Collage<br />

of Commerce (SRCC), Delhi. He has also<br />

passed 1st group of IPCC examination held in November,<br />

2011.<br />

8<br />

JASKEERAT SINGH<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

He has cleared all groups of CS<br />

Executive Program in first attempt.<br />

He is also a Chartered Accountant.<br />

Presently he is self employed.<br />

ILA SHUKLA<br />

She has stood 3rd in Faridabad<br />

Foundation Examination of the Institute<br />

held in December, 2011. He has<br />

passed her 12th class from DAV<br />

Public School in 2009. She has scored 94% marks in<br />

12th class. She has cleared CA – Inter (IPCC) with<br />

62% marks in 2011 and now in CA final. Presently she<br />

is doing B.Com from Delhi University (D.U.) and CA<br />

Articleship from M/S Rakesh Raj & Associate.


<strong>FARIDABAD</strong> CHAPTER<br />

9<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

Interview of Ms. Sweety Chaudhary All India 3 rd Rank in Professional Program<br />

Sweety Chaudhary<br />

Faridabad, AIR–3 rd, CS Professional,<br />

December 2011<br />

A set of questions were asked to Sweety Chaudhary,<br />

the third rank holder of CS Professional Examination –<br />

December 2011. The questions & their responses are<br />

appended below.<br />

Q. How do you feel being third rank holder in CS<br />

Professional Examination? How do you visualize<br />

your success?<br />

A. I was feeling very excited to see my result. I was<br />

quite sure about that I would be able to clear all papers<br />

in single attempt but was not expecting rank.<br />

Those days I was attending EDP (Executive Development<br />

Programme) & one of my EDP friends only<br />

told me that I have got the rank, Thereafter all my<br />

EDP Friends & faculty of that day stood up and<br />

clapped for me, and that was an overwhelming moment<br />

for me.<br />

When I saw my merit, it was like as if my dream has<br />

come true. I was on the top. Excitement of this<br />

achievement was mingled with a huge sense of relief.<br />

I visualize this success as a beginning. This success<br />

inspires me to do justice with this profession<br />

that has given me this recognition.<br />

Q. How did you prepare for the examination?<br />

A. I had prepared schedule for my study timings in the<br />

month of April 2011 incorporating & allocation<br />

therein, around 6-7 hours of dedicated effort towards<br />

study per day. I have never compromised<br />

with my schedule. By the end of September 2011 I<br />

had been through with all eight subjects once & then<br />

started with revision. I gave special attention to<br />

presentation of answers in both theory and practical<br />

papers.<br />

Q. Please tell us about the contribution of study<br />

materials, student’s bulletin, suggested answers<br />

& various test papers in your success.<br />

A. For most of the subjects, I referred study material<br />

provided by the institute & for rest other subjects;<br />

I referred the reference books along with study<br />

material. Student’s bulletin helped me a lot in updating<br />

my knowledge not just for passing the exams<br />

but to update w.r.t changing scenario.<br />

As far as referring suggested answers & various<br />

test papers are concerned I could devote just 10-<br />

12 days that too before the exams to analyze<br />

where exactly I do stand.<br />

Q. How have your family members have contributed<br />

to your success?<br />

A. I would only state that this dream would not have<br />

been truly possible without their support & the<br />

trust/confidence they have shown on me. Being a<br />

science graduate, I was terrified somewhere but<br />

my parents kept me motivated to develop “can do<br />

personality”<br />

Q. And finally what advice you would like to give<br />

to the other CS Students?<br />

A. Firstly would like to state that CS Course is neither<br />

too hard nor too easy. Few of the tips are:-<br />

Respect the time<br />

Be attentive if taking coaching classes &<br />

grasp laws properly<br />

Be dedicated & diligent towards study<br />

Be passionate towards learning<br />

I wish all CS Students very best of luck for their<br />

future.


<strong>FARIDABAD</strong> CHAPTER<br />

10<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

Mentoring Mantra How to make life a real bliss<br />

Khem Chand<br />

E-mail Id. : cskhem@gmail.com<br />

Mobile No. 9891643466<br />

How to Make Life a Real Bliss<br />

Life is a beautiful gift of nature and we all look forward to<br />

get the best out of life. Every step of life brings challenges<br />

with it and acceptance of these depends on our<br />

thought and our attitude towards the situation. We often<br />

get disturbed during adverse circumstances and even<br />

lose control over ourselves and take abrupt decisions.<br />

These decisions create problems and obstacles in the<br />

way of our endeavors.<br />

Effective ways to make life a real bliss<br />

Smile as it invites happiness and make your health<br />

bliss<br />

Take a healthy breakfast and affirm yourself that you<br />

are gaining energy and viability by the food intake<br />

Recall your positive traits before moving out from<br />

house. This would imbibe confidence in you enable<br />

you to perform better<br />

During working hours in office, get fully involved in<br />

your work and get the best result<br />

Create a healthy environment in the office by health<br />

mutual coordination and understanding attitude. It<br />

would further help in your work flow.<br />

During grim or adverse situations, take an overview<br />

of the entire scenario and then react accordingly.<br />

This helps to take the right decisions and so help to<br />

come out beautifully<br />

After reaching home, involve yourself with family and<br />

enjoy. Forget about the professional life so that your<br />

stress gets relieved<br />

Make friends and spend leisure and fruitful time with<br />

them<br />

Accept challenging situations in life with a bold and<br />

courageous approach. Your strong inner self helps<br />

you to face these situations boldly<br />

Wisely spend money so that you can save something<br />

for the rainy day<br />

Recall your possessions like physical health, mental<br />

health, sound education, moral support, financial independence<br />

to morally boost yourself<br />

Connect to nature to revitalize your entire self. This<br />

would elevate your mood and bring your mind to a<br />

blissful state.<br />

Remember: You need to inculcate a right outlook<br />

in life and enjoy the life.


<strong>FARIDABAD</strong> CHAPTER<br />

Women touching The New Heights<br />

Sweety Chaudhary<br />

E-mail Id. :-csasweety02@gmail.com<br />

Mobile :-7838775161<br />

WOMEN TOUCHING THE HEIGHTS <strong>OF</strong> SUC-<br />

CESS…..<br />

Women have to face a lot of unavoidable and irresistible<br />

constraints at workplace. Some of their choices have<br />

not come without disappointment. She is a Woman! Distinctions<br />

are always made between male candidates<br />

and female candidates at workplace. The first thing one<br />

notices about a woman employee is that ’she is a<br />

woman. It takes a long time for them to succeed and<br />

get promoted. Women are generally paid low in comparison<br />

to male colleagues, in spite of possessing same<br />

skills and qualification. Another problem is that women<br />

face greater difficulties when trying to balance work and<br />

family.<br />

However, the trend is changing in recent years. The Indian<br />

women are no longer treated as show pieces to be<br />

kept at home. They are also enjoying the impact of<br />

globalization and making an influence not only on domestic<br />

but also on international sphere. Women are doing<br />

a wonderful job striking a balance between their<br />

house and career.<br />

I append below the success story of some of the<br />

successful “Business Women” of India:-<br />

Indra Krishnamurthy Nooyi,<br />

Chairman and Chief Executive<br />

Officer of PepsiCo<br />

Ms. Indra Krishnamurthy Nooyi was<br />

born on 28 October 1955 in Madras,<br />

now Chennai. She has done her<br />

graduation from Madras Christian<br />

College (MCC) in Chemistry, Physics and Maths. On<br />

completion of her graduation she went to Indian Insti-<br />

11<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

tute of Management in Calcutta for doing Masters in<br />

Finance and Marketing. Soon after completion of her<br />

MBA, she joined ABB and then Johnson and Johnson<br />

(J&J) in Mumbai.<br />

She completed her Master’s in Public and Private<br />

Management form Yale Management School in US.<br />

According to Forbes, she is consistently ranked<br />

among World's 100 Most Powerful Women.<br />

Nooyi joined PepsiCo in 1994 and was named president<br />

and CFO in 2001. Nooyi has directed the company's<br />

global strategy for more than a decade and led<br />

PepsiCo's restructuring, including the 1997 divestiture<br />

of its restaurants into Tricon, now known as Yum!<br />

Brands. Nooyi also took the lead in the acquisition of<br />

Tropicana in 1998 and merger with Quaker Oats<br />

Company, which also brought Gatorade to PepsiCo.<br />

In 2007 she became the fifth CEO in PepsiCo's 44year<br />

history.<br />

Chanda D. Kochhar; Managing<br />

Director and Chief Executive Officer<br />

of ICICI Bank Limited.<br />

Ms. Chanda Kochhar was born on<br />

17 th November 1961 in Jodhpur, Rajasthan.<br />

She moved to Mumbai later<br />

on and joined Jai Hind College and obtained Bachelor<br />

of Arts degree. Then she pursued her Cost Accountancy<br />

course at ICWAI and acquired Masters’ Degree<br />

in Management Studies at Jamnalal Bajaj Institute of<br />

Management Studies, Mumbai. She got the Wockhardt<br />

Gold Medal for Excellence in Management<br />

Studies and J. N. Bose Gold Medal for highest marks<br />

in Cost Accountancy.<br />

Ms. Kochhar began her career with ICICI as a Management<br />

Trainee in 1984 and has thereon successfully<br />

risen through the ranks by handling multidimensional<br />

assignments and heading all the major functions<br />

in the Bank at various points in time. She has<br />

been Head of International Banking arm of ICICI Bank<br />

Ltd. since October 2006. Ms. Kochhar is the Managing<br />

Director and Chief Executive officer of ICICI Bank.<br />

This is the second largest bank in India and largest


<strong>FARIDABAD</strong> CHAPTER<br />

private bank of the country. She is the head of the<br />

Corporate Centre of ICICI Bank.<br />

Dr. Kiran Mazumdar-Shaw, Chairman<br />

& Managing Director of Biocon<br />

Ltd.,<br />

Dr. Kiran Mazumdar- Shaw became<br />

India’s richest woman in<br />

2004, was educated at the Bishop<br />

Cotton Girls School and Mount Carmel College in<br />

Bangalore. She founded Biocon India with a capital<br />

of Rs.10, 000 in her garage in 1978 – the initial operation<br />

was to extract an enzyme from papaya. Her<br />

application for loans were turned down by banks<br />

then – on three counts:-<br />

biotechnology was then a new word,<br />

the company lacked assets,<br />

women entrepreneurs were still a uncommonness.<br />

Today, her company is the biggest biopharmaceutical<br />

firm in the country.<br />

STUDY CIRCLE MEETING:<br />

Naina Lal Kidwai, Head<br />

- Operations, HSBC<br />

Ms. Naina Lal Kidwai, was the<br />

first Indian woman to graduate<br />

from Harvard Business School.<br />

Fortune magazine listed Ms. Kid-<br />

12<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

wai among the worlds top 50 Corporate Women from<br />

2000 to 2003. According to the Economic times, she is<br />

the first woman to head the operations of a foreign bank<br />

in India. ( HSBC).<br />

Ranjana Kumar; Vigilance Commissioner<br />

in Central Vigilance Commission<br />

Ms. Ranjana Kumar is currently the<br />

Vigilance Commissioner in Central Vigilance<br />

Commission, after her retirement<br />

as the Chairperson of NABARD- National Bank for Agricultural<br />

and Rural Development, is a prominent Indian<br />

Banker. When the Government of India appointed her as<br />

the Chairperson and Managing Director of The Indian<br />

Bank, she became the first woman to become head of a<br />

public sector bank in India. At that time of her appointment,<br />

the Indian Bank was saddled with huge losses and<br />

during her tenure, she ensured the turn around of The<br />

Indian Bank.<br />

CONCLUSION:-<br />

Women like these are an inspiration for all other<br />

women who strive to achieve great heights in their<br />

lives. Taking them as our role models each one of us<br />

can be there where they are right now. All we need<br />

have is faith in ourselves, confidence and above all a<br />

fixed aim that we need work towards.<br />

Announcements Upcoming Programs<br />

Chapter proposes to organize Study Circle Meeting in<br />

Second week of April, 2012. Details of SCM will be announced<br />

well in advance. All the Members and Students<br />

are requested to kindly attend the same.<br />

PR<strong>OF</strong>ESSIONAL DEVELOPMENT PROGRAM<br />

Chapter is organizing PDP on 15 April, 2012 at NIAM Institute<br />

of Applied Management, Sector – 37, Faridabad.<br />

Students are requested to enroll for PDP in advance.<br />

Seats will be available on first come first Serve basis.<br />

SIP – 10<br />

Next SIP is scheduled to be organized at DAV Institute<br />

of Management, NIT – 3, Faridabad from 09th April,<br />

2012 to 15th April, 2012. The students may register for<br />

the same at: icsifbdchapter@gmail.com. Seat would be<br />

allotted on first cum first serve basis.<br />

EDP<br />

Chapter proposes to organize Executive Development<br />

Program in April, 2012. Date, Venue and Time will be<br />

announced soon.


<strong>FARIDABAD</strong> CHAPTER<br />

Article How to succeed in exams<br />

CS Riya Modi<br />

E-Mail :- riyamodi.cs@gmail.com<br />

Mobile No. :-9210301096<br />

Always remember success is not all about getting<br />

Rank and all that, success depends upon our expectations<br />

with what we have done.<br />

Success in CS Exam = Hard Work + Systematic<br />

Study + Strategy + Luck Factor<br />

1. What Is Hard Work?<br />

Put More Time on Study;<br />

Referring out of study material;<br />

Referring to latest amendments;<br />

Mastering Section numbers & case laws;<br />

Preparing notes.<br />

2. What Is Systematic Study?<br />

Arranging the syllabus;<br />

The Principle of Management By Exception<br />

(MBE);<br />

“The true order of learning is first, what is necessary,<br />

second, what is useful, and third, what is ornamental”<br />

3. What Is Strategy?<br />

Referring to recent questions;<br />

Concentrate on small mark questions,<br />

rather than putting more time on large questions;<br />

Have your own way of study;<br />

Using Guideline Answers;<br />

Referring Notes;<br />

Maintaining Psychological balance.<br />

4. What Is Luck Factor (LF)?<br />

Luck is nothing but, the result of Hard Work &<br />

Strategy “TIMING & APPROACH”<br />

5. Success Factors<br />

Physical & Psychological:<br />

Physical:<br />

13<br />

Physical In Exam Season,<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

Take soft foods, fruits etc…avoid Non Veg., drinks &<br />

smoking.<br />

Have a stock of minimum basic medicines;<br />

Use fresh clothes,<br />

the color of which is suiting you ( your lucky color )<br />

Have some vitamins.<br />

Psychological – Mind Set (The ‘M’ Factor)<br />

Don’t Compare with Peers, it will reduce your confi-<br />

dence level;<br />

Have a frequent break between your studies;<br />

Try to watch TV, listen to your favorite music;<br />

Read Good Books in night,<br />

Try to practice yoga,<br />

Meditation; Practice simple physical exercises;<br />

In recent days of exam DON’T refer to latest ques-<br />

tion papers;<br />

DON’T try to handle un-touched areas in the recent<br />

days of exam;<br />

Previous Day Mind Balance<br />

DON’T try to go through, the previous day’s ques-<br />

tion paper;<br />

DON’T call friends;<br />

DON’T even think about Previous Day Exam,<br />

YOU CANNOT CHANGE ANY THING ON THE PREVI-<br />

OUS EXAM..BUT YOU CAN CHANGE THE NEXT<br />

DAY’S EXAM, BY IMPROVING THE PREPARATION.<br />

The GOD Factor<br />

Understand One thing, GOD, is not an ATM Center; Believe<br />

in GOD, it will increase your Confidence level &<br />

decrease your pressure; Identify a Temple, which will<br />

please you more & try to visit, frequently, & try to share<br />

every thing with HIM.


<strong>FARIDABAD</strong> CHAPTER<br />

Appeal CSBF<br />

In recent past, some of our members have died leaving behind<br />

the spouse and minor children. In some cases providing<br />

financial assistance to the bereaved family becomes an impediment.<br />

Although the management committee of CSBF<br />

wanted to help the bereaved family members but it was constrained<br />

to do so in view of financial position of the fund. At<br />

present around 8000 members are the members of the CSBF.<br />

The fund can provide the much needed financial assistance in<br />

such cases if the corpus of the fund increases substantially<br />

which is possible if more number of members are enrolled to<br />

the fund.<br />

The members in all earnestness are therefore sincerely requested<br />

to become the members of the CSBF by paying one<br />

time Life membership fee of Rs. 5000/- (being increased to<br />

Rs. 7500/- w.e.f. 1 st April 2012.)<br />

The payments made to the fund are exempted under Section<br />

80G of the Income Tax Act, 1961.<br />

The members have to just fill up Form-A (available on the<br />

website of the Institute, i.e. www.icsi.edu ) and send the same<br />

along with a cheque for Rs. 5,000 favoring “Company Secretaries<br />

Benevolent Fund” payable at New Delhi to NIRC Office.<br />

Following benefits are presently provided by the CSBF<br />

ADMISSION TO CS FOUNDATION PROGRAMME FOR<br />

10+2 PASS STUDENTS<br />

Admission to Company Secretaries (CS) Foundation Programme<br />

is on. 10+2 pass/ appearing students seeking<br />

admission till 31 st March, 2012 will be eligible for Examination<br />

in December, 2012. Students of any stream-<br />

Arts / Science / Commerce ( excluding Fine Arts ) can<br />

pursue the CS FOUNDATION PROGRAMME conducted<br />

by the Institute of Company Secretaries of India (ICSI).<br />

CS Helpline is available on Telephone No. 011 –<br />

41504444, 45341076 & 45341077 (Delhi).<br />

Prospectus and Application Form for CS Foundation Programme<br />

is available on cash payment of Rs.200/- from<br />

(Noida Office) C-37, Sector-62, Noida & Headquarters:<br />

ICSI House, 22 Institutional Area, Lodi Road, New<br />

Delhi or from ICSI-NIRC Building, Plot No. 4, Prasad Nagar<br />

Institutional Area, Rajendra Place, New Delhi.<br />

14<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

1. Financial assistance in the event of death of a member<br />

of CSBF<br />

Upto the age of 60 years<br />

Group Life Insurance Policy for a um of Rs. 2,00,000;<br />

Upto Rs. 1,00,000 in deserving cases on receipt of<br />

request subject to the Guidelines approved by the<br />

Managing Committee from time to time. (being increased<br />

to Rs. 5 Lakhs w.e.f. 1 st April 2012.)<br />

Above the age of 60 years<br />

Upto Rs. 1,00,000 in deserving cases on receipt of<br />

request subject to the Guidelines approved by the<br />

Managing Committee from time to time.<br />

2. Othe benefits ( in deserving cases on receipt of request<br />

subject to the Guidelines approved by the Managing<br />

Committee from time to time).<br />

Reimbursement of Medical Expenses<br />

Upto Rs. 40,000<br />

Financial Assistance for Children’s Education (one<br />

time)<br />

Upto Rs. 10,000 per child (Maximum for two children)<br />

in case of the member leaving behind minor children.<br />

Admission to CS Foundation Program<br />

The Prospectus can also be had by Registered Post by<br />

sending a Demand Draft / Postal Order for Rs. 250/-<br />

favouring “The Institute of Company Secretaries of India”<br />

payable at “New Delhi” through any of the 73 Offices of<br />

the ICSI spread all over India. For further details stu-<br />

dents may log on to: www.icsi.edu<br />

The Institute of Company Secretaries of India is a<br />

premier National professional Bod established under<br />

an Act of Parliament (The Company Secretaries<br />

Act, 1980) and imparts compulsory Postal Tuition (by<br />

correspondence) alongwith provision for optional<br />

oral coaching classes. Admission to the CS course<br />

is open throughout the year. After qualifying the<br />

CS Foundation Programme, students are required to<br />

clear the Executive and Professional Programme<br />

and undergo Practical & Modular Training to become<br />

qualified Company Secretaries.


<strong>FARIDABAD</strong> CHAPTER<br />

Faridabad an “Industrial Hub”<br />

Faridabad is a major<br />

industrial city<br />

and population center<br />

in Haryana state,<br />

northern India.<br />

Faridabad is one of<br />

the most developed<br />

cities in the NCR of<br />

Delh. Faridabad in the recent past has seen a lot of<br />

growth and development in its infrastructure. Both<br />

commercial and residential scenario in Faridabad has<br />

developed at a furious rate and is still on the rising.<br />

Famous industrial products of the Faridabad City<br />

are:.<br />

Heena Production in agricultural sector<br />

Tractors<br />

Motorcycles<br />

Switch gears<br />

Refrigerators<br />

Compressors<br />

Cranes<br />

Earth moving machinery<br />

Shoes<br />

Tyres etc<br />

KYC Faridabad as industrial Hub<br />

CS N. K. Goel<br />

Mobile No. :-9811322076<br />

E-mail- nkgoel@jbm.co.in<br />

Initially there were<br />

about 4-5 industries<br />

and over a<br />

period of time, this area has grown phenomenally beyond<br />

the expectations of original planners. There are<br />

15<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

now about 15,000 small, medium and large industries in<br />

this complex providing direct and indirect employment to<br />

nearly half a million people and ranks 9th largest industrial<br />

estate in Asia.<br />

The combined turnover is estimated to be about Rs. 1500<br />

billion. Many international / multinational companies like<br />

Whirlpool, Goodyear, Larsen & Toubro, Asia Brown Boveri,<br />

GKN Invel, Woodward Governer, Castrol besides Escorts,<br />

Eicher, Cutler Hammer, Hyderabad Asbestos, Nuchem,<br />

JBM Auto are operating in this belt.<br />

A variety of engineering products from Forgings to Tractors,<br />

Clutch Assembly to Leaf Springs are being manufactured<br />

by the industries in this belt. The total land occupied by the<br />

industries is about 6948 hectares<br />

Industrial Associations of Faridabad City are:-<br />

Faridabad Industries Association<br />

Faridabad Small Industries Association<br />

Laghu Udhyog Bharti<br />

Faridabad Manufactures Association<br />

Faridabad Chamber of Commerce & Industries<br />

Industries Association forms a larger organization to represent<br />

the small, medium and large scale industries in this<br />

area. Over the efflux of time, the Faridabad Industries Association<br />

has become one of the most outspoken and effective<br />

Associations in the Northern Region. Its views are listened<br />

with respect by one and all authorities and it is entirely<br />

because of the continous support which it gets from its<br />

members.<br />

Haryana Government has decided to go ahead with the setting<br />

up of new Industrial Model Township (IMT) at Faridabad.<br />

Based on the global model for an industrial hub, this<br />

township will integrate industrial, commercial, residential<br />

and institutional sites for operational convenience and promoting<br />

walk-to-work-culture.<br />

The industrial township at Faridabad will be developed in<br />

Sectors 66, 67, 68 and 69 of the Final Development Plan of<br />

Faridabad. Land admeasuring 1832 acres has been notified<br />

for acquisition under Section 4 of Land Acquisition Act.<br />

We see a bright future for Faridabad City and is likely<br />

to come up as a prominent industrial hub.


<strong>FARIDABAD</strong> CHAPTER<br />

On 25.02.2012 Faridabad Chapter organized a cele-<br />

bration party with the students who have appeared in<br />

December, 2011 session examination of the ICSI and<br />

got declared passed. The Chapter further felicitated<br />

meritorious students of Foundation, Executive and<br />

Professional Level. The Chapter Chairman CS Vineet<br />

Sikka, Vice Chairperson CS Rajni Aggarwal and Sec-<br />

retary CS Naresh Kumar Goel congratulate all the stu-<br />

dents present on the occasion. The Party was organ-<br />

ized at NIAM (National Institute of Applied Manage-<br />

ment) situated at 20/1, Old Sher Shah Suri Marg, Opp.<br />

Sector – 37, Faridabad from 6:00 PM to 8:00 PM.<br />

All the successful students received “Medals as well<br />

as Certificate of Merit” from Management Committee<br />

Members. The same was followed by dinner. All the<br />

students as well as Team Faridabad enjoyed the event<br />

REPORT <strong>OF</strong> 9 th STUDENT IN-<br />

DUCTION PROGRAM (SIP)<br />

Celebration Party A Report<br />

16<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

(Mr. Aman Goel receiving Medal and Certificate of Merit being stood 2 nd in<br />

Faridabad in Foundation Program)<br />

SIP - 9 A Report<br />

<strong>FARIDABAD</strong> CHAPTER <strong>OF</strong> NIRC<br />

<strong>OF</strong> THE ICSI organized 9 th Student<br />

Induction Program (SIP) from<br />

12 th March, 2012 to 18 th March,<br />

2012 for students. During the 7<br />

days’ program students attended<br />

sessions on various topics related<br />

with Know your Institute & Introduction<br />

to SIP, Managerial Excellence,<br />

Computer Literacy in Corporate<br />

Scenario, Speaking before<br />

Dummies, Motivation, Leadership,<br />

Personality Development, Importance<br />

of Soft Skills For Professionals,<br />

Usefulness of Newspaper,<br />

Team Building, Communication<br />

Skills, etc. The feedback from<br />

the students was excellent towards<br />

the lecturers during the program.<br />

The valedictory session<br />

was held on 18 th March, 2012 and certificates to the successful participants were distributed and followed by lunch.


<strong>FARIDABAD</strong> CHAPTER<br />

Report on Budget Seminar<br />

on “Budget 2012-13”<br />

On 18.03.2012 Faridabad Chapter of<br />

Northern India Regional Council of Institute<br />

of Company Secretaries of India organized<br />

Felicitation Ceremony for its Toppers<br />

and Budget Seminar at DAV Institute<br />

of Management, NH-3 Faridabad.<br />

At the beginning of the program, Toppers<br />

of Faridabad were felicitated in Seminar<br />

for their outstanding academic performance<br />

in the CS Examination held in December,<br />

2011. All the toppers were felicitated<br />

with Flowers, Medals and Certificate<br />

of Excellence.<br />

Budget Seminar A Report<br />

17<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

(Faridabad Toppers of December, 2011 Examination, namely L to R Rishap Ahuja, Ila Shukla,<br />

Bhawna Nahata, Priyanka Agrawal, Jaskreet Singh, Somil Agarwal, Sweety Chaudhary, and<br />

Aman Goel with Ms. Juhi Kohli, Mr. P.C. Jain, Mr. Vinit Sikka, and Mr. N.K. Goel)<br />

(Speaker (Mr. Rajesh Chibber) is being welcomed with flower bouquet – L to R CS Juhi Kohli and CS P.C. Jain)<br />

Mr. N.K. Goel, Secretary of the Chapter introduced<br />

the Topic and Speaker of second session<br />

on “Direct Taxation” Mr. Anil Sharma. He<br />

delivered his presentation on Direct Tax provisions<br />

in the budget. He appreciated Hon’ble<br />

Finance Minister for maintaining the balance.In<br />

his opinion, Hon’ble Finance Minister has<br />

adopted a very balanced approach because on<br />

one hand he has increased the Slab rates and<br />

on the other hand he has increased the other<br />

taxes in the budget.<br />

Chapter Chairman Mr. Vinit Sikka introduced<br />

the speaker Mr. Rajesh Chibber.<br />

He gave excellent deliberation on<br />

“Indirect Taxes and Service Tax” The<br />

delegates found the presentation very<br />

useful and informative. Mr. Chibber<br />

focused on the very important aspects<br />

of the Indirect taxes and Service tax<br />

provision in the Budget 2012-13<br />

(Speaker (Mr. Anil Sharma) is being welcomed with flower bouquet – L to R CS Atul Arora and CS N.K. Goel)<br />

At the end while summarizing the deliberation Mr N. K. Goel Secretary of the chapter focused on the intention and commitments<br />

of the Government to boost infrastructure development in the country.<br />

Mr. P. C. Jain Senior Member of Management Committee of the Faridabad Chapter proposed the Vote of Thanks to the<br />

Speakers. More than 50 delegates were present in the meeting.


<strong>FARIDABAD</strong> CHAPTER<br />

Bouquets & Brickbats CS Fraternity<br />

Congo Team Faridabad!!!!!!!!! Excellent effort!!!!!!!!! Keep it up!!!!!!!<br />

18<br />

FbdCS e-Newsletter<br />

March - 2012<br />

14th Issue<br />

Rajiv Bajaj<br />

Chairman NIRC<br />

I appreciate the efforts of the management committee. The compilation and presentation of<br />

Newsletter is excellent.<br />

My best wishes to the new office bearers and I am confident that the same spirit will continue<br />

this your as well and under the new leadership, the Chapter will touch new height.<br />

All the best. Keep it up<br />

CS. Ranjeet Pandey<br />

Immediate Past Chairman NIRC<br />

My complements to both of you and whole team Faridabad<br />

Chapter of NIRC of ICSI for continuously maintaining the quality<br />

of e-newsletter and contents thereof.<br />

Good show, Keep it up!!!<br />

CS. Vineet Kumar Chaudhary<br />

Regional Council member & Chairman CSBF Committee of<br />

NIRC of ICSI<br />

I congratulate you and the entire team for the professional initiative<br />

being taken up from time to time by the Faridabad Branch<br />

for the members and the students. This is very heartening to see<br />

the high strides the chapter has gained in the recent times.<br />

E-Newsletter is very qualitative and informational. Congratulations!!<br />

Ashwani Nayyar<br />

Company Secretary<br />

I congratulate the ICSI Faridabad Chapter team for their outstanding initiatives. I am very<br />

happy with the e- newsletter. The contents were very good & informative. The articles under<br />

Women leadership in Corporate are very well written. I wish to see such good articles on<br />

professional front in upcoming e -newsletters. My good wishes to the whole team of ICSI<br />

Faridabad chapter.<br />

Riya Modi<br />

Company Secretary

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