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July 2014

Society News

By Raman Jokhakar, Mukesh Trivedi Hon. Jt. Secretaries
Reading Time 5 mins
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8th Residential Study Course on Service Tax & VAT


Mr. Naushad A. Panjwani (President) lighting the lamp

The Indirect tax and Allied Laws Committee of BCAS conducted its 8th Refresher Study Course on Service tax and VAT at Khanvel Resort, Silvassa from Friday, 13th June to Sunday, 15th June, 2014. Total 138 delegates attended, out of which 56 participants were from cities other than Mumbai viz., Pune, Nashik, Aurangabad, Jalgaon, Ahmedabad, Hyderabad, Telangana, Chennai, Delhi, Gurgaon, Agra, Jaipur, etc. It was inaugurated at the hands of the President Mr. Naushad A. Panjwani.

There were five papers – three discussion papers and two presentation papers as under:

Lecture Meeting – The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013 on 4th June, 2014

The meeting was held at the Lotus Hall of Society’s Office. The Speakers were Senior Associate/Team Leader Mr. Abhijeet Sonawane, Solicitor, Senior Associate/Team Leader Ms. Viloma Shah, and Associate Ms. Tanisha Doshi.

The speakers explained the new Act which was enacted w.e.f. 9th December 2013. With Power Point Presentation, they covered important definitions viz. Sexual Harassment, Aggrieved Woman, who are covered under this Act, Responsibilities of the Employers.The speakers laid emphasis on formation of Internal Committee, comprising of the Independent Woman, and three other members. They also explained the importance of laying down policy guidelines, conducting appropriate training sessions and educating the members.In the interactive session, they addressed many questions from the audience.

In the opening remark, the President explained the relevance of the topic referring to the guidelines laid down in the judgement in Vishakha’s case.

Participants appreciated the relevance of the topic and felt it important to spread the qualitative education and awareness on the subject in the business environment.

Power Summit – Networking within and across Professions on 6th & 7th June, 2014


L to R : Ms. Nandita P. Parekh, Mr. Uday V. Sathaye, Mr. Narendra P. Sarda, Mr. Naushad A. Panjwani (President)

A 2-day Summit was organised by the 4i Committee of BCAS. The objective of the Power Summit was to bring together leaders of accounting firms to discuss and debate the changing paradigm of the profession and to explore whether the time for cross functional professional firms/ companies has indeed arrived. The Summit was for professional firms that want to contemplate growth through mergers, consolidation and networking and through strategic thinking and pro-active initiatives. CFO Round Table on 6th June 2014 The CFO Round Table was a unique event organised by the Managing Committee of the Society. The programme was sponsored by BCA Journal & Godrej Properties. The objective of the programme was to look at how CFOs being in the hot seat can better prepare themselves for what the future holds, and how they prepare themselves with effective risk management strategies, proper corporate governance, as well as a crystal ball to predict how an ever-changing landscape will impact the industry. Some of the Comments received are shared below:


L to R : Mr. Gautam Doshi, Mr. Naushad A. Panjwani (President), Mr. Y. H. Malegam, Mr. Nitin Shingala

• The session was very informative and I would have liked if Mr. Doshi could have spoken longer. Unfortunately, I cannot attend a similar workshop in Lonavala due to some prior commitments. Kindly let me know whether the literature discussed in this event can be made available. Thank you, Best Regards – Arnab Chakraborti, Head – Operations, Kotak Commodity Services Ltd.

• Thanks. It was my pleasure and honour to be part of the forum – Manish Jani, Great Ship Global

• Thank you for inviting me for the CFO Round Table. I benefitted greatly by listening to Gautam Bhai. Regards Sanjay Khetan, Khetan & Co.

• It was my pleasure to participate in the summit & meet with you & your colleagues. I am happy I was able to contribute to the event & learned quite a few things from other distinguished speakers as well as from the interactions at the CFO forum. All the best for BCA’s future programmes. Warm regards, Uday Phadke, Principal Advisor (Finance), Mahindra & Mahindra Ltd.

• It was a good experience Mr. Panjwani and look forward to further interactions. Would be glad if the presentations can be made available. Thanks & Regards Smriti Vijay, AKER Solutions

• Very happy to be with all of you – Shailesh Haribhakti, Chairman, DH Consultants Pvt. Ltd.

• Thanks for the invite and it was really a great value add in listening to these eminent speakers – Sunil Burde, Pidilite Co.

• It was indeed a good opportunity for me to present in BCAJ, one of the premier association of our profession, for the discussion on Companies Act, 2013. Hope this continues in years to come. Regards Nambi Rajan, Thirumalia Chemicals.

BCAS Referencer 2014-15 Release Function, 7th June, 2014

Membership & Public Relations Committee organised the BCAS Referencer 2014-15 Release function. The Referencer was released at the hands of the Society’s President Mr. Naushad Panjwani. This year the Referencer is being released in two parts. The Supplement and CD will be released in August 2014 after the presentation of the Union Budget, 2014.

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