Thursday, 15 November 2012

Study Circles in Eastern India - CPE Hours - Chartered Accountants


1. ACAE CHARTERED ACCOUNTANTS STUDY CIRCLE
6, No. Lyons Range, Unit No. 2, 3rd Floor, Kolkata - 700001
Name of The Convener
CA. MADHAV PRASAD SUREKA, (M) - 9830049468
Phone - 033 - 22107724

2. ACCOUNTANTS LIBRARY CHARTERED ACCOUNTANTS
STUDY CIRCLE
Aayakar Bhawan, P-7, Chowringhee Square, Kolkata - 700069
Name of The Convener
CA. ANINDRA NATH CHATTERJEE, (M) - 9830030849
Phone - 033-22136553

3. ASOCAS CHARTERED ACCOUNTANTS STUDY CIRCLE
C/O Mitra Roy & Dutta 25, Grant Street, Kolkata - 700013
Name of The Convener
CA. SK. KAMALUDDIN, (M) - 9831080934
Phone - 033-22165016, 033-22422319, (F) - 033-22176526

Name & Addresses Of Study Circles Of EIRC Of ICAI
4. B.B.D. BAG CHARTERED ACCOUNTANTS STUDY CIRCLE
9/12 lal Bazar Street, Merchantile Building, E-Block, 4th Flr, kolkata-700001
Name of The Convener
CA. PRAMOD KUMAR SANGHAI, (M) - 9830031711
Phone - 033-22486879, 033-32975823
Email : bbdbagcastudycircle@yahoo.com

7. CAMAC STREET CA STUDY CIRCLE
C/O S.R Batlibol & Co, 22 Camac Street, Block C, 3rd Flo, Kolkata - 700016
Name of The Convener
CA. RASHMI AGARWAL, (M) - 9831043895
Phone - 033 - 66153400 (F) - 033-22817750
Email : rashmi.agarwal@in.ey.com

8. CENTRAL KOLKATA CHARTERED ACCOUNTANTS
STUDY CIRCLE
33, Brabourne Road, 3rd Floor, kolkata - 700001
Name of The Convener
CA. DILIP KR. KARNANI, (M) - 9831061151
Phone - 033-22425812, 033-22486041, (F)-033-22426208, 033-
22425812
Email : cenkolstudy@gmail.com
karnanidk@yahoo.co.in

Name & Addresses Of Study Circles Of EIRC Of ICAI
5. BIDHAN NAGAR CHARTERED ACCOUNTANTS STUDY CIRCLE
FE-98, Sector - 3, Salt Lake City, Kolkata - 700106
Name of The Convener
CA. SWATANTRA KUMAR RUSTAGI, (M) - 9331035188
Phone - 033-23217074, 033-22460510
Email : tpkar@rediffmail.com

6. CA ISA CHARTERED ACCOUNTANTS STUDY CIRCLE
C/O Chunder Khator & associates, 10A British India Street, Kolkata - 700069
Name of The Convener
CA. PANKAJ KAKRANIA, (M) - 9831447714
Phone - 033-22101555, 033-30281555-59, 033-22716124
(F) - 033-22207617
Email : cka@vsnl.com

Name & Addresses Of Study Circles Of EIRC Of ICAI
10. EIGHT BY TWO C A STUDY CIRCLE
8/2 Kiran Sankar Roy Road, 2nd Floor, Room No 2 & 3, Kolkata - 700001
Name of The Convener
CA. ABHIJIT DUTT, (M) - 9433300400
Phone - 033-22481962, 033-22485052, (F) - 033-22103894
Email : cadutt@gmail.com

11. HOWRAH CHARTERED ACCOUNTANTS STUDY CIRCLE
1/1 Umacharan Bhattacharya lane,P.O. - Ramkrishnapur, Howrah - 711101
Name of The Convener
CA. SAMBHU NATH DAS, (M) - 8820201484
Phone - 033-26412493, 033-26400925
Email : sndas_asso@yahoo.co.in

12. MADHYA KOLKATA CA STUDY CIRCLE
C/O N P S Business Centre, 7A, K.S.Roy Road, Kolkata - 700001
Name of The Convener
CA. SUNIRMAL CHATTERJEE, (M) - 9831001140
Phone - 033-32927825, 033-40061430, (F) - 033-22824889
Email : madhyakol_sc@rediffmail.com, dusac@vsnl.net

9. DTPA CHARTERED ACCOUNTANTS STUDY CIRCLE
3 Govt. Place(west), income Tax Building, Ground Floor,kolkata -700001
Name of The Convener
CA. AGHOR KUMAR DUDHWEWALA, (M) - 9831039440
Phone - 033-22420638, 033-32210638, (F) - 033-22430746
Email : dtpa@indiatimes.com, www.dtpa.org

Name & Addresses Of Study Circles Of EIRC Of ICAI
13. RANIGANJ C A STUDY CIRCLE
C/O CA. A P Bhadani,45 Shiv Mandir Road, Raniganj - 713347 Burdwan
Name of The Convener
CA. ARJUN PRASAD BHADANI, (M) - 9563536997, 9046794853
Phone - 0341-2448364
Email : bhadani52@yahoo.com

14. SALT LAKE CITY CA STUDY CIRCLE
302E, Kamalalaya Centre, 3rd Floor, 156A Lenin Sarani, Kolkata - 700013
Name of The Convener
CA. ASWINI KUMAR KUNDU
Phone - 033-22152565, 033-23371758, (F) - 033-23506991
Email : oisuad@vsnl.net

15. SALT LAKE SECTOR-V CA STUDY CIRCLE
25/2/245/1 Prince Golum MD. Shah Road, Flat No - 2C, Kolkata - 700095
Name of The Convener
PANKAJ KUMAR ROY, (M) - 9830020192
Phone - 033-23577600, 033-23577609, (F) - 033-23577496
Email : capankaj.roy@gmail.com

16. SOUTH CALCUTTA C A STUDY CIRCLE
112, Jodhpur Park, Kolkata - 700068
Name of The Convener
CA. DIPAK DATTA GUPTA, (M) - 9831178212
Phone - 033-24651765
Email : ddga@cal3.vsnl.net.in
Name & Addresses Of Study Circles Of EIRC Of ICAI

17. UTTARPARA CA STUDY CIRCLE
47 (Old) & 122 (New), Lawrence Street, Uttarpara, Hooghly - 712258
Name of The Convener
CA. DIPANKAR NANDI, (M) - 8017232286
Phone - 033-26636802
Email : krishanu_b@rediffmail.com

18. VIEWS EXCHANGE CA STUDY CIRCLE
P-41, Princep Street, 2nd Floor, Room No. 222, Kolkata - 700072
Name of The Convener
CA. SONTOSH CHORARIA,
Phone - (033) 22364645
Email : ca.schoraria@gmail.com
(M) : 9831207932

19. VIP ROAD CA STUDY CIRCLE
220 Bangur avenue, Block - A, Kolkata - 700055
Name of The Convener
CA. ANNEELL SARAOGI (M) : 9433013979
Email : info@vipca.net

20. VITTA SALAHKAR CA STUDY CIRCLE
22 Strand Road, 2nd Floor, Kolkata - 700001
Name of The Convener
CA. SASHI KANT KAMANI, (M) - 9830177674
Phone - 033-22203208, 033-22434364
Email : kamani_14@satyam.net.in
1. BALASORE CHARTERED ACCOUNTANTS CPE CHAPTER
DSPK & Associates, Station Square, OT Road, Balasore - 756001
Name of The Convener
CA. SUNIL MODI, (M) - 9437064621
Phone - 06782-265827
Email : modi_sunil@rediffmail.com

2. DIBRUGARH CA CPE CHAPTER
C/O M P Bagaria & Co. Shani Bari Road, Dibrugarh - 786001
Name of The Convener
CA. NAVIN JAIN, (M) - 9435030076
Phone - 0373-2324101
Email : canavinjain@gmail.com

3. JORHAT CHARTERED ACCOUNTANTS CPE CHAPTER
Rahman Road, Hehind Truck Stand, Jorhat - 785001, Assam
Name of The Convener
CA. SANJAY PODDAR, (M) - 9435050803
Phone - 0376-2304217, 03774-283010
Email : sanjaypoddar1@gmail.com

4. THE SOUTH ORISSA C A CPE CHAPTER
C/O Tej Raj & Pal, Big Bazar, Berhampur - 760002, Orissa
Name of The Convener
CA. B GANGARAJU, (M) - 9437064691
Phone - 0680-2251769, (F) - 0680-2251769
Email : tejrajpal@yahoo.co.in

5. TINSUKIA CA CPE CHAPTER
C/O Rasiwasia & Associates CA, R 5, Babulal Bazar,
Tinsukia - 786125, Assam
Name of The Convener
CA. PAWAN KUMAR AGARWAL, (M) - 9435036849
Phone - 0374-2337242
Email : pkagarwal_ca@rediffmail.com

Name & Addresses Of Chapters Of EIRC Of ICAI
1. AGARTALA CPE STUDY GROUP
C/o CA Ratan Kumar Das, 2 Ramnagar Road No - 1, agartala - 799002,Tripura
Name of The Convener
CA. RATAN KUMAR DAS, (M) - 9436122511
Phone - 0381-2222729, 0381-2309618, (F) - 0381-2327701
Email : ca_rkd@rediffmail.com
3. KANTA BANJI CPE STUDY GROUP
2. BARGARH CPE STUDY GROUP
C/O P.K.A & Associates, Near Govt. Hospital Trihari Sadan, Road No - 3
Kantabanji - 767039, Dist - Bolangir, Orissa
Name of The Convener
CA. PAWAN AGRAWAL, (M) - 9437034360
Phone - 06657-220343,06657-221266, (F) - 06657-221695
Email : pka_associates@yahoo.co.in
C/O CA. Nabin Kumar Lath, infront of UCO Bank, Main Road, Bargarh - 768029
Name of The Convener
CA. NABIN KUMAR LATH, (M) - 09437056738
Phone - 06646-230638,230624, (F) -
Email : lathnabin@rediffmail.com

4. MIDNAPORE CPE STUDY GROUP
C/O M/S K.C Chakraborty & Associates, Keranitola ‘BUBKA’ Dist - Midnapur
Name of The Convener
CA. KARTICK CH. CHAKRABORTY, (M) - 9434009567
Phone - 03222-263025, 03222-297166
Email : kgp_vas001@sancharnet.in

Name & Addresses Of Study Groups Of EIRC Of ICAI
Name & Addresses Of Study Groups Of EIRC Of ICAI

6. PORT BLAIR CPE STUDY GROUP
C/O Shri k. Chandra Babu, No 22, Andhra Association Complex,
Gurudwara Lane, port Blair - 744101
Name of The Convener
CA. AMIT KUMAR DATTA, (M) - 9392462666
Phone - 03192-233071
Email : rpblair@sancharnet.in

7. SHILLONG CPE STUDY GROUP
LDB Building, G S Road, Shillong - 793001
Name of The Convener
CA. KIRON JOSHI, (M) - 9436119625
Phone - 0364-2223727,0364-2221490, (F) 0364-2224647
Email : kiron53@hotmail.com

8. SILCHAR CPE STUDY GROUP
C/O Arindam Bhattacharjee, Arindam & Associates, Alochaya Complex
Rangirkhari, Silchar - 788005, Assam
Name of The Convener
CA. ARINDAM BHATTACHARJEE, (M) - 9435071340
Phone - 0384-2221734
Email : arindam159@rediffmail.com

5. NAGAON CPE STUDY GROUP
C/O M/S K. Chhajer & Co, P.O. Haibargaon, Nagaon - 782002,
Assam
Name of The Convener
CA. KARNIDAN CHHAJER, (M) -9435161446
Phone - 03672-222446, 03672-220619
Email : nagaon_cpe@rediffmail.com,nagaoncpe@rediffmail.com
Name & Addresses Of Study Circles Of Members in
Industry Of EIRC Of ICAI
1. NTEC CPE STUDY CIRCLE FOR MEMBERS IN INDUSTRY OF ICAI
C/O Lab Vantage Solutions Pvt.Ltd, Bengal Intelligent park,
Building C,
2nd floor, Sector V, Salt Lake Electronics Complex,
Kolkata - 700091
Name of The Convener
CA. SUBHASH C CHANANI, (M) - 9830644804
Phone - 033-3982 4200
Email : subhashe@labvantage.com

2. RISHA CPE STUDY CIRCLE FOR MEMBERS IN INDUSTRY OF ICAI
C/O Jayashree Taxtiles (Unit of Adityabirla Novo
Ltd.),Prabasnagar,
Rishra, Dist - Hooghly, Kolkata, West Bengal - 712249
Name of The Convener
CA. SHIV SHANKAR GUPTA, (M) - 9830217413
Email : shivsh@adityabirla.com
Name & Addresses Of Study Groups Of EIRC Of ICAI

9. SHIBSAGAR CPE STUDY GROUP
C/O CA Biswanath Gupta, Ashok More & Associates, Shankar Mandir
Road, Shibsagar - 785640, Assam
Name of The Convener
CA. BISWANATH GUPTA, (M) -9435057405
Phone - 03772-220325
Email : bugchart@yahoo.co.in

Wednesday, 7 November 2012



ANTI-TAKEOVER STRATEGIES

  • CROWN JEWELS:  Section 23 of SEBI takeover regulations indicate that the company calls its precious assets as crown jewels to depict the greed of the acquirer under the takeover bid. These precious assets attract the raider to bid for the company’s control. The company sells these assets at its own initiative leaving the rest of the company intact (Instead of selling the assets, the company may also leases them or mortgage them so that the attraction of free assets to the predator is suppressed.


  • GOLDEN PARACHUTES: (or first Class passenger strategy). This envisages a termination package for senior executive and is used as a protection tool against the takeover.


  • GREEN MAIL: A large block of shares is held by an unfriendly company, which forces the target company to repurchase the stock at a substantial premium to prevent the takeover. (This could prove to be an expensive deal to the raider)


  • PACMAN STRATEGY: The target company attempts to take over the hostile raider. This happens when the target company is larger than the predator.


  • POISON PILL: An anti takeover defence, which creates securities, that provides their holders with special rights. The exercise of these rights would make it more difficult and/ or costly for an acquirer to take over the target against the will of its Board of Directors.


  • STAGGERED BOARD: An ant takeover measure which divides a firm’s Board of Directors into several classes only one which is up for election in any given year, thus delaying the effective transfer of control to a new owner in a takeover. Also called classified board.


  • STANDSTILL AGREEMENT: A voluntary contract by a large group of shareholders not to make further investments in the target company for a specified period of times.


  • WHITE KNIGHTS: White knight enters the fray when the target company is raided by a hostile suitor. The clause 25 of SEBI takeover regulations gives the provision to the white knight to offer a higher price than the predator to avert the takeover bid. (with the higher bid offered by the white knight, the predator might not remain interested in acquisition and hence the target company is protected from  the raid.): A third party friendly to management who helps a company avoid  an unwanted takeover without taking over the company on its own.


  • POISON PUT: A covenant allowing the bond holder to demand repayment in the event of hostile takeover.