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Chairman’s Voice

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Arise,awake and donot stop until the goal is reached.– Swami Vivekananda


My dear Professional Colleagues,

It is indeed my pleasure to interact you on the professional development in the Eastern Region of this premier Institute  with a promise to devote for the development of the profession 

Election process of the Chapters in Easter Region  have been completed in the month of October,2017 for selection of new Managing Committee for the year 2017-19 .I congratulate the New Managing Committee of all the Chapters of this region with an expectation for development of the profession as a whole in this region in a wholesome manner.

We have already started conducting extensive Career Counseling in both schools & colleges in Eastern region for improvement of the potential students in EIRC and Chapters by the untiring efforts of employees of EIRC and our Headquarter. I would request our CMA family to come forward and extend positive support so that combined effort of members and executives can achieve 100% perfection towards our target during this year.

We have observed the Rashtriya Ekta Diwas on the auspicious birthday of Sardar Ballavbhai Patel on 31st October, 2017. Collective pledge was taken by the members, employees and the students to maintain the integrity of the nation. On 22nd October, 2017, our Institute has organized one prestigious CFO & HR meet on the theme “Skill Development and employability-Agenda for Skill Development “ at Bhubaneshwar,Odisha . Around 70 high profile dignitaries like, CEOs, CFOs, HR Heads from different private and public sector organization have participated in that said occasions. Few academicians from Universities & Colleges, IIMS & XIMB also participated in the discussion. Shri Subrata Bagchi, Chairman Odissa Skill Development Authority inaugurated the function as Chief Guest . CMA Sanjay Gupta, President of our Institute,CMA Manas Kr.Thakur, IPP & CCM,CMA Niranjan Mishra,CCM, CMA S.P.Kar, Chairman BBSR Chapter also graced the occasion. Myself & CMA S.P.Padhi,Past Chairman ,EIRC were also present in that seminar .

We are glad to inform you that this year, 14 nos. Companies have participated in the campus interview in EIRC premises commencing from 9th October’17 to 11th October,2017 and  total 48 candidates are selected in different companies in June 2017 Campus from Eastern Region. Other few companies are still pending for the final selection. I am thankful to the Immediate Past President & Chairman, Placement Committee of the Institute for his extensive support   to make CMA Campus Placement drive for June 2017 batch a successful one.   I am delighted to share that the Institute has decided for round the year off-campus placement drive to support qualified and semi-qualified CMAs.

Ministry of Corporate Affairs  has notified the provisions governing valuation by registered valuers under section 247 of the Companies Act, 2013] and the Companies (Registered Valuers and Valuation) Rules, 2017 (the Rules), with effect from 18th October, 2017. A registered valuer would carry out valuation in respect of any property, stocks, shares, debentures, securities or goodwill or any other assets or net worth of a company or its liabilities, as per chapter XVII of the Companies Act. The mechanism to prescribe valuation standards and syllabus for conduct of valuation education courses as well as specify the requirements with regard to the contents of the valuation report have been laid out in the rules. Among other requirements, the registered valuers have to be members of the registered valuers organisations (RVOs), recognised by the authority.

Taxation Committee of our Institute has started publishing fortnightly Tax Bulletin from October this year which helps the practitioner very good guidelines with all details of latest amendments and important topic of professional interest. They have also started conducting webinars on taxation matter which give good response from the members. I would request our members to add valuable contribution to the Taxation Committee to improve the quality of the bulletin.

We have already taken initiative on membership drive throughout the region with the help of Chapters and the members in Industry. Members who have defaulted in paying its annual membership fees are requested to pay their fees either through Regional office/Chapter or online portal at the earliest.


Happy Guru Nanak Birthday  & Karthik Purnima to the members & their families

With warm regards.


CMA Pranab Kr.Chakrabarty

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