Click for CS Result - December 2016

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI)

CS EXAMINATIONS DECEMBER 2016 SESSION RESULTS 

ANNOUNCED ON 25 FEBRUARY, 2017

Everything about GST

Goods & Service Tax (GST)

While coming to the end, the day 3rd August, 2016 became a historical day in the regime of Indian Indirect Tax Laws. The Rajya Sabha ( Upper House) of Indian Parliament finally approved the most awaited Constitutional Amendment "The Constitution (122 Amendment) (GST) Bill, 2014".

This approval shall make a drastic change in the Indirect Taxation Structure of India by removing various different Indirect Taxes (i.e. Exise Tax, Custom Tax, Service Tax, Central Sales Tax, VAT, etc.) and by harmonizing all in one and only Goods and Service Tax (GST).

What is GST?

"Goods and Services Tax would be comprehensive Indirect Tax on the manufacture, sales and consumption of goods and services throughout India, to replace taxes levied by Central Government and States Governments."

What is the objective behind GST?

The main objective behind passing and implementing the GST is to harmonize all the Indirect Taxes levied by the different Governments on various stages of a Product or Service. GST would be levied and collected at each stage of sale or purchase of the goods or service based on the input tax credit method.

The Input Tax Credit Method would allow the registered business entities / firms to claim the credit GST paid on input of goods or service.

As various documents have been issued on GST and various reports has been published, we are  providing you collective data related to GST at one place. In the below mentioned links you can find the same.

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Watch Rajya Sabha webcast by clicking the following Link.

Full Webcast 
on
"Voting and Passing of The Constitutional (122 Amendment( (GST) Bill, 2014"

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Read

Full Draft of Model GST Law

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Know more

GST - Concept & Status

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Explore

Terms of References - GST

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Understand

Reviewing mandate of DGST

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Watch webcast of Finance Minister's reply to the discussion on GST Bill

Finance Minister's reply to the discuss

Tax Updates for CS-June, 2016 Examinations

Tax Updates Applicable in Company Secretaries June, 2016 Examination

Institute of Company Secretaries of India (ICSI) has issued clarification about Tax changes applicability in Company Secretaries Examination to be held in June, 2016.

CS EXAMINATIONS DECEMBER 2015 SESSION RESULTS

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI)

CS EXAMINATIONS DECEMBER 2015 SESSION RESULTS 

ANNOUNCED ON 25 FEBRUARY, 2016

Study Material of Tax Laws for CS-Students

New Study Material of Tax Laws for  CS-Students

Institute of Company Secretaries of India (ICSI) has issued Study Material of Papers relating to Taxation for the students going to appear in June, 2015 Examinations. The Institute has on its website published pdf version of the full books of the Taxation papers for Students of Executive Programme and Students of Professional Programme.

Tax Updates for CS-June, 2015 Examinations

Tax Updates Applicable in Company Secretaries June, 2015 Examination

Institute of Company Secretaries of India (ICSI) has issued clarification about Tax changes applicability in Company Secretaries Examination to be held in June, 2015.

Applicability of Companies Act, 2013 in CS-June, 2015 Examinations

Companies Act, 2013 Applicability in 

CS-June, 2015 Examinations

Institute of Company Secretaries of India (ICSI) has issued clarification about applicability of the Companies Act, 2013 for Company Secretaries June, 2015 Examination.

Tax Amendments for CS-December 2014 Examination

Tax Updates Applicable in Company Secretaries December, 2014 Examination

Institute of Company Secretaries of India (ICSI) has issued clarification about Tax changes applicability in Company Secretaries Examination to be held in CS - Decembe, 2014.

New Study Material For CS-Students (Old Syllabus)

New Study Material For CS-Students (Old Syllabus)

[July 2014 Edition]

This New Study Material is available for the Students who are registered under Old Syllabus [i.e. 2007 Syllabus] of Company Secretaryship of ICSI.

Institute of Company Secretaries of India (ICSI) has issued New Study Material for its students registered under old Syllabus of CS-Executive, and CS-Professional Programme.


The edition has been issued by ICSI for the Students who have received the books under old edition and pursuing Examination under Executive Programme and  Professional Programme.

The Institute provides the study material on all subjects for the better practice of the students for upcoming examinations.

CS-Institute issued the Supplement material also for the students who carry the study material of 2013 Edition and going to appear in December-2014 Examination. 

The Study Material has been issued on ICSI official website [www.icsi.edu] for the students of Foundation Programme, Executive Programme and Professional Programme. 

Study Material is available for the following students-

• Students of Executive Programme - Old Syllabus
• Students of Professional Programme - Old Syllabus

According to the Suggested Answer PDF File issued by ICSI, "The objective of the study material is to provide students with the learning material acording to the syllabus of

the subject of the Programme"

Students can download the all Study Material by clicking the name of the Subject....

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Study Material for CS-Executive Programme
[Old Syllabus]

MODULE I	MODULE II
General and Commercial Laws Company Accounts, Cost and Management Accounting Tax Law	Company Law Economic and Labour Laws Securities Laws and Compliances

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Study Material for CS-Professional Programme
[Old Syllabus]

MODULE I	MODULE II
Company Secretarial Practice Drafting,Appearances and Pleadings	Financial,Treasury and Forex Management Corporate Restructuring and Insolvency
MODULE III	MODULE IV
Strategic Management, Alliances and International Trade Advanced Tax Laws and Practice	Due Diligence and Corporate Compliance Management Governance,Business Ethics and Sustainability

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Supplement Material for CS-Students
[Old Syllabus]

Click here to Download....

1. Supplement for CS-Executive Programme [Old Syllabus]
2. Supplement for CS-Professional Programme [Old Syllabus]

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• New Study Material For CS New Syllabus [July 2014 Edition] 
• Tax Supplement for CS Executive Programme
• Various notes on Companies Act, 2013

New Study Material For CS New Syllabus [July 2014 Edition]

New Study Material For CS-Students (New Syllabus)

[July 2014 Edition]

Institute of Company Secretaries of India (ICSI) has issued New Study Material for its students of CS-Foundation, CS-Executive, and CS-Professional Programme. This edition has been issued by ICSI in July, 2014 for the Students who have received the books under old edition.

The Institute provides the study material on all subjects for the better practice of the students for upcoming examinations.

CS-Institute issued the Supplement material also for the students who carry the study material of 2013 Edition and going to appear in December-2014 Examination. 

The Study Material has been issued on ICSI official website [www.icsi.edu] for the students of Foundation Programme, Executive Programme and Professional Programme. 

Study Material is available for the following students-

• Students of Foundation Programme - New Syllabus
• Students of Executive Programme - New Syllabus
• Students of Professional Programme - New Syllabus

According to the Suggested Answer PDF File issued by ICSI, "The objective of the study material is to provide students with the learning material acording to the syllabus of

the subject of the Programme"

Students can download the all Study Material by clicking the name of the Subject....

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Study Material for CS-Foundation Programme

[New Syllabus]

SUBJECTS

Business Environment & Entrepreneurship  Business Management Ethics and Communication Business Economics Fundamental of Accounting and Auditing

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Study Material for CS-Executive Programme
[New Syllabus]

MODULE I	Module II
Company Law  Cost and Management Accounting Economic and Commercial Laws Tax Laws and Practice	Company Accounts and Auditing Practices Capital Market and Securities Laws Industrial,Labour and General Laws

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Study Material for CS-Professional Programme
[New Syllabus]

MODULE I	Module II
Advanced Company Law and Practice Secretarial Audit, Compliance Management and Due Diligence  Corporate Restructuring, Valuation and Insolvency	Information Technology and Systems Audit Financial, Treasury and Forex Management Ethics,Governance and Sustainability
MODULE III	ELECTIVE SUBJECTS
Advanced Tax Laws and Practice  Drafting,Appearances and Pleadings	Banking Law & Practice Capital Commodity and Money Market Insurance Law & Practice Intellectual Property Rights Law and Practice International Business Laws and Practices

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Supplement Material for CS-Students
[New Syllabus]

Click here to Download....

1. Supplement for CS-Foundation Programme [For students having 2012 edition of study material]
2. Supplement for CS-Executive Programme [For students having 2013 edition of study material]
3. Supplement for CS-Professional Programme [For students having 2013 edition of study material]

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Related Articles

• Tax Supplement for CS Executive Programme
• Various notes on Companies Act, 2013

Companies Act, 2013 Applicability in CS-December, 2014 Examinations

Companies Act, 2013 Applicability in 

CS-December, 2014 Examinations

Institute of Company Secretaries of India (ICSI) has issued clarification about applicability of the Companies Act, 2013 for Company Secretaries December, 2014 Examination.

The Institute, by issuing clarification on its website, clarified that Provisions of Companies Act, 2013 shall be applicable for December, 2014 Examinations. Also, it has been clarified that the questions papers shall carry the questions from Companies Act, 2013.

Further, the clarification specifies that Companies Act, 1956 shall not be applicable for the CS-December, 2014 examinations. The question papers shall not carry the questions from Companies Act, 1956.

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Applicable For

The clarification is applicable for the following students appearing in the following Papers:-

Students of Foundation Programme 

• Business Environment and Entrepreneurship (Paper-1)

Students of Executive Programme

• Company Law Paper (Module-1,  Paper-1)
• Company Accounts and Auditing Practices (Module-2, Paper-5) 
• Capital Markets and Securities Laws (Module 2, Paper 6) 

Students of Professional Programme 

• Advanced Company Law and Practice (Module 1, Paper 1) 
• Secretarial Audit, Compliance Management and Due Diligence (Module 1, Paper 2) 
• Corporate Restructuring, Valuation and Insolvency (Module 1, Paper 3) 
• Ethics, Governance and Sustainability (Module 2,Paper 6) 
• Drafting, Appearances and Pleadings (Module 3, Paper 8) 
• Capital, Commodity and Money Market (Module 3, Paper 9.2, Elective)

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What is applicable..??

According to the clarification, Following are applicable in the examinations:-

1. Provisions of the Companies Act, 2013
2. Rules made under Companies Act, 2013
3. Regulations made under Companies Act, 2013
4. Notifications issued by MCA

Companies Act, 2013 Click here....Download Various Notes on New Companies Act, 2013. Know more about its applicability in Exams. Click here....

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Study Material

Institute of Company Secretaries of India had provided the Study Material based on New Companies Act, 2013 on its official website website [www.icsi.edu] for the students gong to appear in Company Secretaries December, 2014 Examinations.

You can download the material by clicking the following links.....

Reading Material on Companies Act, 2013

[Issued by ICSI] 

1. Preliminary   
2. Incorporation of Company and Matters Incidental Thereto  
3. Prospectus and Allotment of Securities  
4. Share Capital and Debentures  
5. Acceptance of Deposits by Companies  
6. Registration of Charges  
7. Management and Administration  
8. Declaration and Payment of Dividend  
9. Accounts of Companies  
10. Audit and Auditors  
11. Appointment and Qualifications of Directors  
12. Meetings of Board and its Powers  
13. Appointment and Remuneration of Management Personnel  
14. Inspection, Inquiry and Investigation  
15. Compromises, Arrangements and Amalgamations 

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To view the official clarification issued by ICSI, click the following link...

Announcement for December, 2014 Examination-Company Law

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Companies Act, 2013 Click here....Download Various Notes on New Companies Act, 2013. Know more about its applicability in Exams. Click here....

Writ - Meaning & Types

Writs - Meaning & Types

The Indian Constitution empowers the Supreme Court & High Court to issue writs. the power to issue writs is primarily a provision made to make available the Right to Constitutional Remedies to every citizen.

Supreme Court of India is empowered to issue writs for enforcement of any of the fundamental rights conferred by Part III of Indian Constitution under Article 32.

The Right to Constitutional Remedies, is a guarantor of all other fundamental rights available to the people of India.

The Constitution also provides for the Parliament to confer on the Supreme Court power to issue writs, for purposes other than those mentioned above.

Similarly, High Courts in India are also empowered to issue writs for the enforcement of any of the rights conferred by Part III and for any other purpose under Article 226. Thus, Article 32 empowers the Supreme Court while Article 226 empowers the High Courts to issue writs against any authority of the State in order to enforce the Fundamental rights.

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Types of Writs

There are five types of Writs:-

1. Habeas Corpus
2. Mandamus
3. Prohibition
4. Certiorari
5. Quo warranto

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1. Habeas Corpus

Literal Meaning - "Habeas Corpus" literally means "you may have the body." It is a Latin term.

Purpose

The writ of "Habeas Corpus"  is issued to produce a person who has been detained, whether in prison or in private custody, before a court and to release him if such detention is found illegal.

The writ of habeas corpus is issued to a detaining authority, ordering the detainer to produce the detained person in the issuing court, along with the cause of his or her detention. If the detention is found to be illegal, the court issues an order to set the person free.

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2. Mandamus

Literal Meaning - Mandamus is a Latin word, which means "We Command".

Purpose

Mandamus is a writ by which an order from the Supreme Court or High Court to a lower court or tribunal or public authority to perform a public or statutory duty.

In other words, This writ of command is issued by the Supreme Court or High court when any government, court, corporation or any public authority has to do a public duty but fails to do so.

Thus, The writ of mandamus is issued to a subordinate court, an officer of government, or a corporation or other institution commanding the performance of certain acts or duties.

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3. Certiorari

Literal Meaning - Certiorari literally means "to be certified'.

Purpose

The writ of certiorari can be issued by the Supreme Court or any High Court for quashing or denying the order already passed by an inferior court, tribunal or quasi judicial authority.

Simply, If any court, tribunal or officer have passed an order acting without jurisdiction or in excess of the Jurisdiction vested by law in them, the writ of certiorari can be issued by the Supreme Court or any High Court for quashing such order.

Certain conditions for the issue of writ of Certiorari:-

• The court, tribunal or officer must have passed an order acting without jurisdiction or in excess of the Jurisdiction vested by law.
• The order could also be against the principles of natural justice or the order could contain an error of judgment in appreciating the facts of the case.

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4. Prohibition

Literal Meaning - The Writ of prohibition means "to forbid' or "to stop"

Purpose

This writ is issued when a lower court or a body to stop doing something that they may not do and when a lower court tries to transgress the limits or powers vested in it.

The writ of prohibition is issued by any High Court or the Supreme Court to any inferior court, or quasi judicial body prohibiting the latter from continuing the proceedings in a particular case, where it has no jurisdiction to try. After the issue of this writ, proceedings in the lower court etc. come to a stop.

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5. Quo-Warranto

Literal Meaning - The word Quo-Warranto literally means "what is your authority"?

Purpose

It is a writ issued with a view to restrain a person from holding a public office to which he is not entitled. The writ requires the concerned person to explain to the Court by what authority he holds the office. If a person has usurped a public office, the Court may direct him not to carry out any activities in the office or may announce the office to be vacant.

Thus High Court may issue a writ of quo-warranto if a person holds an office beyond his retirement age.

Certain conditions for the issue of writ of Quo-Warranto:-

• The office must be public and it must be created by a statue or by the constitution itself.
• The office must be a substantive one and not merely the function or employment of a servant at the will and during the pleasure of another.
• There must have been a contravention of the constitution or a statute or statutory instrument, in appointing such person to that office.

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