Respected seniors and dear professional colleagues,
Wishing you and your FAMILY a HAPPY New Year 2017
“Life is full of challenges, seen and unseen, so to look and feel great, you must hold your head up each day and project your inner confidence.” ― Cindy Ann Peterson
The Indian Institute of Insolvency Professionals of ICAI (IIPI) has been designated as first Insolvency Agency in India. IIIPI being a section 8 Company formed by ICAI will enroll and regulate insolvency professionals as its members in accordance with the Insolvency and Bankruptcy code, 2016 read with regulations. Please visit http://iiipicai.in/ to know the details in this regard. In a significant move in the direction of economic reforms, the Insolvency and Bankruptcy Code, 2016 has been passed by both the houses of the Parliament in May 2016 and has been notified too. This amendment has brought in new avenues of professional opportunities, since insolvency professionals will have to carry out a wide range of functions including those in finance and accountancy. Chartered Accountants are best suited who can carry out insolvency and bankruptcy processes as liquidator’s, trustees, etc. at various stages of the insolvency proceedings.
We celebrated the Chartered Accountants Association Foundation day on 15th December, 2016 in a unique way. We started with Talk on Mind and Sound based Wellness – Holistic approaches to wellness using body, mind and emotions by Ms. Ririi Trivedi & Mr. Gunjan Trivedi followed by health check-ups, homeopath by Dr Naitik Shah, eye check up by Dr. Tejal Dalal, dental check up by Dr. Sachin Dalal and blood tests by Green Cross Pathology and Molecular Lab, Dr. Dilip D. Shah. To commemorate the glorious 66 years, we released a Table-calendar covering host of past presidents of the Association.
As part of sports activity, we arranged a cricket match on 31st December, 2016 with Rajkot Branch of WIRC of ICAI. This was the first match ever between the two teams. It was a very good competitive match and I am happy to inform you that CA Association won the match. I compliment both teams for excellent sportsmanship on the field. The next match is to be played on 28/01/2017 with IT Bar Association. All are invited to join to cheer up the Association’s team.
We are in process of finalizing the Late C F Patel Memorial Seminar on 10th February, 2017 covering various subjects. We are also in process of finalizing a full day Banking Seminar on 17th February, 2017 on subjects relevant to current scenario. The detailed circulars will follow soon.
The present government is always ready to take bold and innovative steps. This year the Budget is being presented on 1st of February 2017 instead of end of February. We also have to gear up for the budget amendments as we are expecting many changes in the coming budget. As per our regular practice we have arranged budget meeting on 4-2-2017 – detailed circular will be mailed to you shortly. Likewise we have also planned to publish the budget booklet in English and in Gujarati. Place your order in advance.
“Leadership is never an avenue to be self-serving but, a platform to render great service to people.”
For us feedback is the most important guide to improve our performance. Please send your feedback regularly.
CA Raju C. Shah