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Nisar Ahmad elected as president of Inst of Company Secretaries

Friday January 20, 2012 05:29:24 PM, Staff Reporter

Nisar Ahmad

Malegaon: Nesar Ahmad and S. N. Ananthasubramanian have been elected respectively as the President and Vice-President of the Institute of Company Secretaries of India (ICSI) with effect from 19th January 2012.

Nisar Ahmad was the Vice-President of the Institute for the year 2011. A Graduate in Commerce and a Fellow Member of the Institute of Company Secretaries of India, Nisar Ahmad is a practicing Company Secretary at New Delhi, Dr. Amita Ahuja and Senior Director ICSI said in a press statement.


Nisar Ahmad is the first Muslim to have reached to this coveted post.

He practices as a Company Secretary in the areas of Corporate and Securities Laws since 1993 with specialization in Company Secretarial and Representation services, Corporate Laws, Business Restructuring, Merger & Amalgamation, Oppression and Mismanagement, Merchant Banking and other Legal Matters. Earlier, he worked with Thapar Group of Companies in Delhi during 1989-92.

He has been member of the Central Council of the ICSI for the term 2004-2006 and 2007-10. Previously. He has been elected to the Central Council of the ICSI for the term 2011 – 2014 and Presently he is the Chairman of all the Standing Committees of the Council of the Institute.

He held various positions in ICSI (Northern Region) as Editor, Treasurer, Secretary, Vice-Chairman and was Chairman in 1998 (August-December) and also in the year 2000. He has been associated with Social Organizations (NGOs) and Welfare Society in Delhi including SMILE FOUNDATION. He has been member of the Expert Committee on Company Law and Competition Policy constituted by ASSOCHAM (since 2002 till 2008).

As a Central Council member, he has been Chairman as well as member of various committees and Secretarial Standard Board (SSB) of ICSI and has also appeared before Parliament Standing Committee (Law & Justice) on the National Tax Tribunal Bill, 2003 and Parliament Standing Committee (Finance) on Limited Liability Partnership (LLP).


In 2009, the Ministry of Corporate Affairs appointed Nisar Ahmad as one of the members to administer the Investor Education & Protection Fund (IEPF) for two years term.


Also, the Bombay Stock Exchange has appointed Nisar Ahmad as a Member of ‘Panel of Arbitrators’ of Delhi Region Arbitration Centre.

He has been a regular faculty in the seminars/workshops/training organized by ICSI, Ministry of Corporate Affairs, UGC, NGOs and various other Institutions and bodies.

S. N. Ananthasubramanian who has been elected as the Vice-President of the Institute of Company Secretaries of India (ICSI) is a Practising Company Secretary at Thane near Mumbai.

Ananthasubramanian is associated with most of the listed Public Sector Banks (PSBs) across the country and advises and gives opinions on various issues including, Banking Legislation, Board Constitution and Governance, Election of Shareholder Directors, Listing of Debt Securities, Return of Capital to Central Government, Mergers of Subsidiaries with Banks, Listing Compliances with the Stock Exchanges, Code of Conduct for Insider Trading, Code of Conduct for Directors & Senior Management in terms of Clause 49 of the Listing Agreement.

He is also associated with some of the leading listed corporates and other private and public companies of repute in matters of Consulting, Certification, Secretarial Audits, Securities Audits, Postal Ballots, Governance Issues, Due Diligence, etc.

He was a member of the Council of ICSI from 2007 to 2010 and was re-elected for a four year term from 2011 to 2014 and is a member of various Committees of the Council.

He was also a member of the Core Group constituted by the Council in 2008 for formulating the Vision 2020 Document and contributed significantly in the evolution and development of Vision and Mission Statements of ICSI adopted by the Council in 2011.

As a member of Syllabus Review Committee in 2007 he contributed towards the development of the syllabus on 'Business Ethics, Corporate Governance and Sustainability' in the Professional Program. He has been re-nominated as a member of the Syllabus Review Committee constituted in 2011.

He was the Chairman of the Task Force on Training which introduced the New Training Structure from 2009 which provides for Student Induction Programme (SIP), Executive Development Programme (EDP), and Management Skills Orientation Programme (MSOP). He has been re-nominated as the Chairman of the Core Group in 2011 for reviewing the existing Training Structure and recommend changes required.

He was also the Chairman of the Core Group of the Capital Markets Committee, constituted in 2011, for formulation of Compliance Certificate for companies seeking listing on the SME platform of BSE and NSE.




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