Annual Report 2017

Page 1

ANNUAL REPORT

2017

Institute of Chartered Secretaries of Bangladesh A Statutory Body Under an Act of Parliament


The Founding Members F-0001

F-0007

Muzaffar Ahmed FCMA, FCS President & CEO Credit Rating Information & Services Ltd.

Md. Saiduzzaman FCA, FCS Ex Director - Finance & Accounts Independent University, Bangladesh

F-0002

F-0008

Late M. S. Alam Mia FCS Founder Secretary, ICSB

Md. Yeamin Hossain FCIS, FCS Former Director GQ Ball Pen Ind. Ltd.

F-0003

F-0009

A K A Muqtadir FCS CEO & Chief Consultant Al-Muqtadir Associates Chartered Secretaries & Consultants

Itrat Husain FCMA, FCS Chief Executive Itrat Husain & Associates Chartered Secretaries in Practice

F-0004

F-0010

Mohammad Sanaullah FIPM, FCS Corporate Affairs Director & Company Secretary Singer Bangladesh Limited

Sultan-ul-Abedine Molla FCS Member Insurance Development and Regulatory Authority (IDRA)

F-0005

F-0011

Md. Zahangir Alam FCS Vice Chairman FAS Finance & Investment Ltd.

Muhammed Abul Hashem LLM, FCA, FCS Director-Finance TOMA GROUP

F-0006

F-0012

Md. Siddiqur Rahman FCS Chairman FAS Finance & Investment Ltd. Managing Director SIMTEX Industries Limited

Late Anwarul Afzal FCS Former Company Secretary Reneta Limited

F-0013 N. G. Chakraborty FCA, FCS Partner, Sadhan Das & Co. Chartered Accountants


ANNUAL REPORT

2017


Past Presidents

Muzaffar Ahmed FCMA, FCS

Mohammad Sanaullah FIPM, FCS

Institute of Chartered Secretaries of Bangladesh (ICSB)

A K A Muqtadir FCS

Mohammad Asad Ullah FCS

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Itrat Husain FCMA, FCS


Mohammad Abu Faruque Joint Secretary, GoB

Institute of Chartered Secretaries of Bangladesh (ICSB)

The Council 2016-2019

Kazi Md. Shamsul Alam

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www.icsb.edu.bd

Institute of Chartered Secretaries of Bangladesh (ICSB)

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CONTENTS NOTICE OF 8TH ANNUAL GENERAL MEETING

5

ABOUT THE INSTITUTE

6

REPORT OF THE COUNCIL

10

LIST OF THE SENIOR MEMBERS

33

COUNCIL MEETING ATTENDENCE (ANNEXTURE-I)

42

STANDING COMMITTEES MEETING ATTENDENCE (ANNEXTURE-II)

43

INDEPENDENT AUDITORS' REPORT

47

STATEMENT OF FINANCIAL POSITION

48

STATEMENT OF COMPREHENSIVE INCOME

49

STATEMENT OF CHANGE IN EQUITY

50

STATEMENT OF CASH FLOWS

51

NOTES TO THE FINANCIAL STATEMENTS

52

ANNEXURE-A

60

ANNEXURE-B

61

ANNEXURE-C

62

ANNEXURE-D

63

ANNEXURE-E

64

ANNEXURE-F

65

ANNEXURE-G

66

ANNEXURE-H

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Notice of the 8th Annual General Meeting Notice is hereby given that the 8th Annual General Meeting of the Institute of Chartered Secretaries of Bangladesh (ICSB) will be held on Saturday, August 18, 2018 at 4:00 pm at Dilkusha Hall, Hotel Purbani International Ltd. 1 Dilkusha C/A, Dhaka to transact the following businesses: AGENDA 1. To receive, consider and adopt the Report of the Council for the year ended December 31, 2017; 2. To receive, consider and adopt the Audited Financial Statements of the Institute for the year ended December 31, 2017 together with the Report of the Auditors thereon; 3. To appoint Auditors of the Institute for the year 2018 and to ďŹ x their remuneration;

Kazi Md. Shamsul Alam Secretary Date: July 25, 2018

Institute of Chartered Secretaries of Bangladesh (ICSB)

By order of the Council

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Institute of Chartered Secretaries of Bangladesh A Statutory Body Under an Act of Parliament

ABOUT THE INSTITUTE

Institute of Chartered Secretaries of Bangladesh (ICSB)

Institute of Chartered Secretaries of Bangladesh (ICSB) was established under an Act of Parliament i.e. Chartered Secretaries Act 2010 is the only recognized professional body in Bangladesh to develop, promote and regulate the profession of Chartered / Company Secretaries in Bangladesh.

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The Institute was initially established under a license from the Ministry of Commerce in 1997 as the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) and subsequently was converted to Institute of Chartered Secretaries of Bangladesh (ICSB). The affairs of the Institute of Chartered Secretaries of Bangladesh (ICSB) are managed by a Council consisting of thirteen elected members and five nominees of the Government. President is the head of the Institute. The major contribution of a Chartered Secretary is in the corporate sector. Chartered Secretary is a requisite qualification to become a Company Secretary. Company Secretary is an important professional, aiding the efficient management of the corporate sector. Company Secretary is a Statutory Officer under the Companies Act 1994. According to Bangladesh Securities and Exchange Commission (BSEC) all the listed companies should have a Company Secretary. Company Secretary is the compliance officer of the company, who has to interact, coordinate, integrate and cooperate with various other functional heads in a company.


Vision

Mission To remain the premier body of professional studies to cultivate the profession of Chartered Secretary so as to ensure sound Corporate Governance and build up capable management professionals by continuously working for proactive professional development.

Institute of Chartered Secretaries of Bangladesh (ICSB)

To be the institutional leader in the creation of skilled professionals for proper development of corporate management and good governance.

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Institute of Chartered Secretaries of Bangladesh (ICSB)

Objectives, Roles and Functions

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To develop, promote and regulate the profession of Chartered Secretary in Bangladesh and confer professional degree in Chartered Secretary.

To impart requisite training and education and then to offer membership of the Institute to the deserving candidates.

To enforce strict discipline for exercising control over the conduct of Members and Students and uphold ethics.

Values      

Professionalism Ethics Judgement Integrity Dynamism Flexibily


Management 

Governed and managed by its Council. All major decisions are generally taken by the Council.

The President is the head of the Institute.

    

Qualified Chartered Secretaries Providing wide range of support services Enforcing strict ethical codes of conduct Promoting best practices in all spheres of Corporate Governance Suggesting improvements on all management and regulatory issues.

Global Linkage 

Institute of Chartered Secretaries of Bangladesh (ICSB)

Unique Selling PROPOSITION (USP)

ICSB is a full Member of the Corporate Secretaries International Association (CSIA) - Global Voice of Governance, Headquartered in Hong Kong.

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Report of the Council Dear Members, On behalf of the Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) I welcome you all to the 8th Annual General Meeting (AGM) of the Institute. Pursuant to Regulation 8(2) of the Chartered Secretaries Regulations 2011, the 3rd Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) is pleased to present its 8th Annual Report together with the Audited Accounts and the Auditor’s Report thereon, for the year ended December 31, 2017. COUNCIL AND COMMITTEES

Mr. Md. Mosharraf Hossain was replaced by Mr. Md. Zakir Hossain, Registrar (Additional Secretary), Registrar of Joint Stock Companies & Firms, GoB. The Council also recall with gratitude Mr. Md. Mosharraf Hossain’s valuable input towards the development of the Institute. Key Achievements The key achievements of the year 2017 were: •

Initiative taken to arrange adequate funding from the Government for the development activities of the Institute.

Due to relentless efforts and persuasion by the Council during the year under review, the Government has increased its funding to a great extent. Budget allocation from the Ministry of Commerce increased from the FY 2016-2017 Tk 19.50 million to Tk. 20.87 million for the FY 2017-2018.

Successfully holding of ‘4th ICSB National Award for Corporate Governance Excellence 2016’ where Hon’ble Minister for Commerce Mr. Tofail Ahmed MP was present as the Chief Guest and 22 listed companies were awarded. It created tremendous awareness about the profession of Chartered Secretaries in the corporate world of Bangladesh.

Conducted two CPD programmes by the Professional Development Sub Committee for the development of the Members.

Conducted four Training Programmes and two Workshops by the Executive Committee.

Inducted thirty-one new Members as Associate Members and eighteen Associate Members were elevated as Fellow Members.

Comprehensive feedback and suggestions were given to the Ministry of Commerce (MoC) for inclusion in the New Companies Act 2017.

Conducted scheduled periodic examinations and coaching classes.

Celebrated 20th Anniversary of ICSB at BICC. Mr. Tofail Ahmed MP, Minister for Commerce, GoB graced the occasion as the Chief Guest and Mr. Shubhashish Bose, Secretary, MoC attended as Special Guest.

ACTIVITIES OF THE COUNCIL This Report is for the second year of the three years tenure of the third Council which took the responsibility of the Institute on October 5, 2016. In accordance with the Chartered Secretaries Act 2010, the tenure of the present Council will expire on October 4, 2019. Detailed activities of the Institute for the year 2017 is stated below: Council Meetings and Attendance During the year under review, five Council Meetings were held. The attendance report of the Council Meetings have been shown in Annexure 1.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Meeting of the Standing Committees and other Sub-Committees

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A good number of Meetings of the Standing Committees and other Sub-Committees were held during the year for discharging their activities. The number of Meetings held by the Standing Committees have been shown in Annexure I. Changes in the Council Mr. Md. Ekhlasur Rahman, Additional Secretary, Ministry of Finance, GoB and Mr. Md. Atiqur Rahman Khan, Registrar (Additional Secretary), Registrar of Joint Stock Companies & Firms, GoB, were replaced. The Council recalls with appreciation their contribution towards the development of the Institute. Mr. Mohammad Abu Faruque, Joint Secretary, Ministry of Finance, GoB and Mr. Md. Mosharraf Hossain, Registrar (Additional Secretary), Registrar of Joint Stock Companies & Firms, GoB, joined the Council during the year. Subsequently


Organized a Workshop on ‘Retail Investors Education and Protection’ to celebrate the World Investors Week (2-8 October). Prof. Dr. M. Khairul Hossain, Chairman, Bangladesh Securities & Exchange Commission (BSEC) graced the occasion as the Chief Guest.

Comprehensive feedback and suggestions were given to the Chairman, Bangladesh Securities and Exchange Commission (BSEC) for updating the Corporate Governance Guideline.

Celebrated the Recognition of 7th March Speech of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman in ‘the Memory of the World International Register’ as the ‘World’s Documentary Heritage’ declared by the UNSECO.

Undertook relief operations among around 100 affected families at village Khidrochapri, Bilmohisha and Jangalia Char areas of Sirajganj district which were severely affected by the recent devastating flood.

Promoted cultural interactions through organizing events like Celebrating International Mother Language Day, National Independence Day, National Victory Day, Annual Picnic, Iftar Party and Anniversary of Enactment of Chartered Secretaries Act 2010, etc.

Created awareness in the Leaders of the country about the profession of Company Secretary through Meeting with the Commerce Minister, Commerce Secretary, Chairman Parliamentary Standing Committee for Ministry of Finance, Chairman of National Board of Revenue (NBR), Chairman of Financial Reporting Council (FRC), Chairman of Bangladesh Securities and Exchange Commission (BSEC), Financial Management Specialist of World Bank, Managing Director & CEO of DBBL and other distinguished persons.

ENROLLMENT OF STUDENTS In the Winter Session (January-June) 2017 (39th Batch) as many as 139 students were enrolled and in the Summer Session (July-December) 2017 (40th Batch) it was 131. On the other hand during the year 2016 it was 120 for Winter Session and in the Summer Session it was 129. The number of students of the Institute in the year 2017 registered to a total of 270.

ORIENTATION PROGRAMME OF THE NEWLY ENROLLED STUDENTS OF CHARTERED SECRETARY COURSE

The Orientation Programme for the 39th and the 40th Batches of Chartered Secretary students of ICSB were arranged at the Campus of the Institute on February 11, 2017 and July 29, 2017. Mr. Mohammad Sanaullah FCS, President of the Institute formally inaugurated both the Programmes and welcomed and appreciated the new students. He then highlighted the CS Profession as a challenging and rewarding profession in the contemporary socio-economic condition of the country.

Mr. Safiar Rahman FCS, Chairman, Education Committee, delivered the address of welcome. Mr. Mohammad Bul Hassan FCS, Senior Vice President, Mr. Md. Selim Reza FCS, Vice President, Mr. A.K.M. Mushfiqur Rahman FCS, Council Member and Mr. Salim Ahmed FCS, Council Member of the Institute also spoke on the occasion while Mr. Nazmul Karim FCS, Treasurer of ICSB offered vote of thanks. COACHING CLASSES The ICSB coaching classes are an important part of the educational programme. In 2017 both the shifts were in operation like the previous year. The coaching classes were conducted in the Institute’s premises covering all five levels of the prescribed course.

Institute of Chartered Secretaries of Bangladesh (ICSB)

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A Foundation Level Course which was introduced in July, 2013 for the students of non-business background continued with more intensity and importance to offer introductory knowledge on Corporate Management. The faculty consists of the senior members of the Institute as well as professionals and members of the relevant disciplines and cadres.

Internal Audit and Control Environment

MANAGEMENT DEVELOPMENT PROGRAMME Under management development programme, the Institute conducted following training programs to develop the grass root of the corporate management during the year. Management of Provident Fund, Profit Participation Fund and Gratuity Fund

A 4 days long Training Programme on ‘Internal Audit and Control Environment’ was arranged at the training room of the Institute from September 17 to September 21, 2017. A good number of participants from different professional organizations participated in the training programme. Mohammad Sanaullah FCS, President of ICSB inaugurated the programme and said that the internal audit brings a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, control and governance process. Internal auditing is an independent objective assurance and consulting activity designed to add value and improve an organization’s operations. WORKSHOP AND SEMINAR

This Training Programme was arranged at the training room of the Institute from 4 to 8 May, 2017. A good number of participants from different professional organizations participated. Mr. Mohammad Sanaullah FCS, President of the Institute summed up the programme and distributed certificates among the participants.

Under management development programme the Institute conducted following workshop and Seminar to develop the professional skill of the Members of the Institute during the year. Workshop on Reforms of Companies Act-1994

Institute of Chartered Secretaries of Bangladesh (ICSB)

Standardization of Annual Report

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A 3 days long Training Programme was arranged at the training room of the Institute from May 20 to 22, 2017. A good number of participants from different professional organizations participated in the training programme. Mr. Mohammad Sanaullah FCS, President of the Institute summed up the programme and distributed certificates among the participants.

ICSB organized a workshop on Reforms of Companies Act-1994 on July 22, 2017 at Bangabandhu International Conference Center (BICC). Mr. Shubhashish Bose, Hon’ble Secretary, Ministry of Commerce, GoB chaired the session. Mr. Mohammad Sanaullah FCS, President of the Institute presented the keynote paper. The official discussants of the keynote paper were Mr. AKA Muqtadir FCS, Past President of ICSB, Mr. N.G. Chakraborty FCS, Past Vice President of ICSB, Mr. Mohammad Asad Ullah FCS, Immediate past President of ICSB, Mr. M. Naseemul Hye FCS, Past Sr. Vice President of ICSB and Mr. S. Abdur Rashid FCS, Past Council Member of ICSB.


1.

Formation of new company within shorter period/ twenty-four hours;

2.

Mandatory provision for appointing a Company Secretary in a Company having capital of more than Taka five crores;

3.

Provision should be made for Secretarial Audit to ensure compliance by the companies to the regulatory directives and governance issues;

4.

Government Companies should be treated as per like other companies and be subject to similar compliance standards;

5.

Regular filing should be made easy, efficient and cost effective. Non-filing of documents or incorrect disclosures should be dealt with seriously. Delays should be penalized through non-discretionary late fee related to the period of default. There should be a system of random scrutiny of filing of corporate body to be carried out by the registration authorities.

6.

A Company law Tribunal should be established consisting of 4 members for relieving High Court’s burden.

7.

Aligning Central Depository System and covering various reports and returns for Registrar of Joint Stock Companies and Firms.

8.

Reforms of Companies Act will be the most extensive reform to react to future development.

9.

The Companies Act should, as far as possible, allow the maximum flexibility to use future technology.

Workshop on ‘Retail Protection’

Investors

Education

and

ICSB in collaboration with Dhaka Stock Exchange Limited (DSE) organized this workshop on October 7, 2017 at TCB Auditorium, Karwan Bazar, Dhaka to commemorate the World Investors Week (2-8 October, 2017). Prof. Dr. M. Khairul Hossain, Chairman, Bangladesh Securities & Exchange Commission (BSEC) graced the occasion as the Chief Guest while Prof. Dr. Swapan Kumar Bala, Mr. Md. Amzad Hossain and Prof. Md. Helal Uddin Nizami, Commissioners of BSEC graced the occasion as the Special Guests. Mr. Mohammad Sanaullah FCS, President of the Institute chaired the session. The Keynote paper was presented by Mr. K. A. M. Majedur Rahman, Managing Director, Dhaka Stock Exchange Ltd. Appreciating the timely initiative of ICSB, the Chief Guest in his speech mentioned that Bangladesh as one of the members of International Organization of Securities Commissions (IOSCO) is celebrating the World Investors Week, 2017 for the first time. The main objective of this programme is to create awareness and enlighten our small investors about the risks and protection of the share markets before investing. Mr. Mohammad Sanaullah FCS, President of the Institute mentioned that this workshop would help to raise consciousness of the retail investors. The Keynote paper presenter Mr. K. A. M. Majedur Rahman put a precise global interexchange comparison vis-à-vis inter country comparison. The official discussants of the session were Mr. M. Naseemul Hye FCS, Past Sr. Vice President of ICSB and Mr. Hossain Sadat FCS, Past Council Member of ICSB. A large number of Professionals, Qualified Chartered Secretaries and Corporate Executives from leading corporate houses of Bangladesh also attended the programme. MEMBERS’ AFFAIRS Qualified Chartered Secretaries As of reporting date, there are 520 Chartered Secretaries who have qualified in the Final Examinations in the last 37 batches and out of them 458 have completed their internships, of which 438 have since been admitted as Associate Members. The cases of remaining 82 are at different stages of processing and are expected to be registered as Member very soon.

Institute of Chartered Secretaries of Bangladesh (ICSB)

The paper presenter recommended to incorporate the following points in the new Company Law:

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Meeting with the Secretaries (QCS)

Newly

Qualified

Chartered

Institute of Chartered Secretaries of Bangladesh (ICSB)

Mr. Mohammad Sanaullah FCS, President of the Institute along with Mr. Md. Azizur Rahman FCS, Council Member and Chairman, Seminar & Conference Sub Committee met with the newly Qualified Chartered Secretaries (QCS) of the Institute on July 16, 2017. The President of the Institute congratulated the QCS and advised them to be more sincere in every steps of life and stressed on the importance of ethical standard for a true professional. He also advised them to seek guidance from the Council and Senior Fellow Members. In addition he added that the career opportunity for them should be their inspiring force and in the approach of their professionalism CPD is must.

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Mr. Md. Azizur Rahman FCS in his speech congratulated the QCS and discussed the significance of Company Secretaries to establish Corporate Governance and Corporate Expectation from the New Generation of management personnel.

Last 5 years Members of the Institute of Chartered Secretaries of Bangladesh (ICSB) is as follows: Year

Associate Members

Fellow Members

Total Members

2013

169

132

301

2014

193

143

336

2015

184

157

341

2016

260

167

427

2017

275

184

459

ANNUAL GENERAL MEETING 7th Annual General Meeting of ICSB

The 7th Annual General Meeting of the Institute of Chartered Secretaries of Bangladesh was held on Saturday, August 19, 2017 at BIAM Auditorium, Dhaka. Mr. Mohammad Sanaullah FCS, President of the Institute chaired the meeting. Annual Report 2016 along with the Audited Accounts for the year ended December 31, 2016 was approved at the Annual General Meeting. Eighty Five Members including Immediate past President Mr. Mohammad Asad Ullah FCS, Past President Mr. Itrat Husain and Council Members attended the meeting, who actively participated in the discussion on various professional issues as well as on the accounts of the Institute and offered valuable suggestions.

Membership The Institute admitted 31 Associates and elevated 18 Fellow Members during the year under review, raising the total Membership to 459 as on December 31, 2017, consisting of 184 Fellows and 275 Associates. Most of the Members are in employed in corporate sector, especially multinational, national and listed companies of Bangladesh. During the year under review 45 students qualified as Chartered Secretaries and their applications for Membership are under process.

The President and the Treasurer replied to the queries raised by the Members. M/S ACNABIN Chartered Accountants was re-appointed as Auditor of the Institute for the year 2017. Mr. Mohammad Bul Hassan FCS, Senior Vice President and Mr. Md. Selim Reza FCS, Vice President were also present.


CPD PROGRAMME CPD Programme on ‘One Stop Service Act 2017 (proposed) initiated by Bangladesh Investment Development Authority (BIDA)’

ICSB organized a CPD programme on ‘One Stop Service Act 2017 (proposed) initiated by Bangladesh Investment Development Authority (BIDA)’ on Saturday, April 29, 2017 at Hotel Purbani International Ltd., Dhaka. Mr. Kazi M. Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) attended the Seminar as the Chief Guest while Mr. Ajit Kumar Paul FCA, Executive Member and Secretary of BIDA attended the Seminar as Special Guest.

Mr. Mohammad Sanaullah FCS, President of ICSB, was also present. In his speech, he emphasized the role of Company Secretaries in good governance in attracting foreign direct investment. They can play the pivotal role to grow the confidence of the investors. In most cases, Bangladesh is advancing forward and to institutionalize the process, he urged the Chartered Secretary Professionals to apply their knowledge and experience more efficiently. He requested the Chairman of BIDA to include the clause of mandatory appointment of Chartered Secretary in the firms with FDI so that they can ensure the compliance with the rules and regulations of Bangladesh. The keynote Paper was presented by Mr. Tauhidur Rahman Khan, Director, BIDA, who explained its salient features and implementation procedures. In his paper, Mr. Khan mentioned that the BIDA OSS initiative is to house 17 Ministries / Departments of the Government under an umbrella aiming to attract foreign investments in the country thus to boost up the economic development of the nation. Official Discussants of the session were Prof. Dr. Feroz Iqbal Faruque FCS, Past Sr. Vice President of ICSB and Mr. Md. Azizur Rahman FCS, Council Member of ICSB. They gave valuable inputs in their discussion. A lively question answer session was held at the latter part where BIDA Officials answered different questions of the participants. A large number of ICSB Members participated in the programme.

Mr. Mohammad Asad Ullah FCS, Immediate past President, ICSB and Chairman, Professional Development Sub Committee chaired the programme and summed up the whole session. He congratulated the Prime Minister Sheikh Hasina who timely reviewed the scenario and decided to reform the BOI substantially and establish a high powered investment authority in the name and style: Bangladesh Investment Development Authority (BIDA) and to create momentum in the economy, she directed to merge the privatization board with BIDA. He further told that government should form a taskforce to cut cost of business to ease doing business and facilitate trade through addressing problems on business and to remove complexities in doing business. Concerned ministries, chambers and trade associations and business leaders should be the members of the Task Force under the leadership of BIDA, he added.

ICSB organized a CPD Programme on ‘National Budget 2017-18 and Finance Act, 2017’on August 5, 2017 at Hotel Purbani International, Dhaka. Mr. M A Mannan, MP, Hon’ble State Minister of Finance and Planning, GoB graced the occasion as the Chief Guest while Barrister Jahangir Hossain, Member (VAT Policy) and Mr. Parvez Iqbal, Member (TAX Policy), NBR graced the occasion as Special Guests. The Keynote Paper was presented by Mr. Sadhan Chandra Das FCA, FCS, Partner, Mr. Sadhan Das & Co. Chartered Accounts.

Institute of Chartered Secretaries of Bangladesh (ICSB)

CPD Programme on ‘National Budget 2017-18 and Finance Act, 2017’

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Institute of Chartered Secretaries of Bangladesh (ICSB)

Mr. Mohammad Asad Ullah FCS, Immediate past President and Council Member of ICSB and Chairman, Professional Development Sub-Committee said that he would sincerely expect that the Hon’ble State Minister of Finance and Planning and Members of NBR will take necessary positive steps to include our members and profession as ITP and Mushak Agent in the Income Tax Ordinance and VAT law by issuing necessary SRO(s). He also urged upon the NBR to reduce the highest ceiling of individual tax rate from 30% to 25% and exempt the surcharge on the individual assets. For achieving the target Tax and VAT fixed by the Govt. NRB should undertake all effective measures to extend its TAX and VAT net and bring minimum 10% of the total population under Tax and VAT net by 2041.

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Mr. Mohammad Sanaullah FCS, President of ICSB, in his speech mentioned that the Members of ICSB are professionally fit to practice as ITPs. The National Board of Revenue (NBR) should make necessary amendments to the Section 174(2) (e) of Income Tax Ordinance, 1984 and Rule 37 of Income Tax Rules, 1984. He also mentioned that the Members of ICSB are professionally fit to practice as Mushak (VAT) Agents and necessary amendments should also be made to the Value Added Tax and Supplementary Duty Rules, 2016 so that the Chartered Secretary professionals could make significant contribution to the national economy. The Chief Guest Mr. M A Mannan Appreciated the profession of Chartered Secretaries who are working to ensure good governance in corporate sector and assured that he would take all out measures to include the profession of Chartered Secretary as Income Tax Practitioner (ITP). A large number of Professionals, Qualified Chartered Secretaries and Corporate Executives from the leading corporate houses of Bangladesh also attended the programme.

ICSB Took Part in a Seminar on ‘FRC and Capital Market: Expectation and Challenges’

Arthosuchak, the online business news portal organized this seminar on December 8, 2017 at the National Theatre Plaza of Bangladesh Shilpakala Academy. Mr. C. Q. K Mustaq Ahmed, Chairman, Financial Reporting Council (FRC) attended the programme as the Chief Guest. Mr. Mohammad Sanaullah FCS, President, ICSB, Mr. Mohammad Hosain FCA, Vice President, ICAB and Mr. Mahbub H. Mazumdar FCMA, CEO, AFC Capital were present as discussants. Mr. Shafiqul Alam FCMA, FCA, ACS, Group CFO & Company Secretary, Super Star Group presented a key note paper on the theme of the seminar. Mr. Mohammad Sanaullah FCS, President of the Institute in his speech focused on the role of Chartered Secretary Profession in the development of corporate management. He also pointed out that FRC will ensure transparency and accountability in accounting and auditing of government and non-government organizations. The FRC will also oversee the activities of the accounting professionals in the country. ICSB Took Part in Bangladesh Capital Market Expo 2017

ICSB Participated in Bangladesh Capital Market Expo 2017 for the third time held on December 7 to 9, 2017 at Bangladesh Shilpakala Academy. The Expo was organized by the ‘Arthosuchak’, an online news portal on Business and Economics as an annual event. The Programme was inaugurated by the Hon’ble Commerce


Minister, Mr. Tofail Ahmed MP as the Chief Guest. Prof. Dr. Khairul Hossain, Chairman, Bangladesh Securities & Exchange Commission (BSEC), Justice Mr. Siddiqur Rahman Mia, Chairman, Dhaka Stock Exchange Ltd. and Dr. Abdul Majid, Chairman, Chattogram Stock Exchange Ltd. were also present on the occasion as Special Guests. In the Expo, ICSB had a stall with prospectuses, brochures, handbooks, journals, souvenirs and multi-media presentation to provide information to the visitors regarding the Corporate Governance, procedure of becoming a Chartered Secretary in Bangladesh, how to become a member of ICSB, admission process and other relevant information. A good number of visitors visited the stall with enthusiasm and collected information about ICSB. Mr. Mohammad Sanaullah FCS, President of the Institute, Md. Selim Reza FCS, Vice President and other Members also visited the Expo. FINANCE AND ACCOUNTS The main source of the funds of the Institute happens to be the subscription from the Members, Government Grants, admission and examination fees from students, training proceeds and advertisements in the Journal. After strong persuasion during the year under review the GoB has increased its funding to a good extent. The Budget allocation from the Ministry of Commerce (MoC),

GoB was raised from Tk 19.50 million to Tk 20.87 million for the year 2017-2018. During the year 2017, the overall ďŹ nancial position of the Institute was good except the term loan of total amount of Tk 80.0 million taken from Dutch Bangla Bank Limited to purchase the Aftab Nagar land. The total income of the said year amounted to Tk 57.65 million as against Tk 54.71 million earned during the preceding year. On the expenditure side, the current year’s outlays amounted to Tk 50.10 million as against Tk 48.99 million during the previous year. During the year 2017, there was an excess of income over expenditure to the tune of Tk 7.56 million compared to Tk 5.72 in the preceding year. AUDITOR The existing Auditors M/S ACANABIN, Chartered Accountants, DBBL Bhaban (Level 13), 12 Karwan Bazar C/A, Dhaka 1215, who were appointed as Auditors of the Institute in the 7th Annual General Meeting of the Company has carried out the audit for the year ended December 31, 2017. M/S ACNABIN, Chartered Accountants, the Auditors of the Institute retires at this meeting. The Council recommended to appoint A. Qasem & Co., Chartered Accountants (A Member Firm of Ernst & Young) as the Auditors of the Institute for the year 2018 at a fee of Tk1,00,000/- plus VAT.

Income and Expenditure at a Glance:

2017 20.87

2016 19.50

Total Increase 1.37

Total Income: (taka in million) 2017 57.65

2016 54.71

Total Increase 2.94

Total Expenditure: (taka in million) 2017 50.10

2016 48.99

Total Increase 1.11

Dutch Bangla Bank term loan (as on December 31, 2017): Term Loan (Tk) 80,000,000

Principal Paid (Tk) 13,189,187

Interest Paid (Tk) 23,226,192

Total Outstanding (Tk) 78,965,538

Institute of Chartered Secretaries of Bangladesh (ICSB)

Government Grants: (taka in million)

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4TH ICSB NATIONAL AWARD FOR CORPORATE GOVERNANCE EXCELLENCE 2016 4th ICSB National Award for Corporate Governance Excellence, 2016 was held on November 30, 2017 at BICC, Dhaka where 22 Companies were honored for complying with Corporate Governance based on Bangladesh Securities and Exchange Commission Guidelines along with transparency and accountability in the overall management of the respective industries during the year 2016. The objective of this award is to encourage and promote governing excellence in the corporate sector through competition, to motivate organizations and their leaders to make further improvements in governance excellence, to facilitate corporate houses to be competitive in the global arena and earn a sharp edge over others, to recognize corporate leadership quality for the year under review and to implement Corporate Governance norms in true letter and spirit.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Commerce Minister Mr. Tofail Ahmed MP graced the occasion as the Chief Guest and presented the awards and certificates to winning companies of 8 categories covering all listed companies. The award giving ceremony was also addressed by Mr. Shubhashish Bose, Hon’ble Secretary, MoC and Prof. Dr. M. Khairul Hossain, Hon’ble Chairman, BSEC as the special guests and Dr. A.B. Mirza Md. Azizul Islam, Former Finance Advisor to the Caretaker Government of Bangladesh as the Chairman of the Jury Board for 4th ICSB National Award for Corporate Governance Excellence 2016 while the President of the Institute, Mr. Mohammad Sanaullah FCS chaired the programme.

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MEETING WITH GOVERNMENT, REGULATORY BODIES AND OTHER ORGANIZATIONS Courtesy Call on Secretary, Ministry of Commerce, GoB

Mr. Mohammad Bul Hassan FCS, Senior Vice President, Mr. Md. Selim Reza FCS, Vice President, Mr. Itrat Husain FCS, Past President & Council Member and Salim Ahmed FCS, Council Member of the Institute were present during the Meeting. Meeting with the Chairman, Bangladesh Securities and Exchange Commission (BSEC) The newly elected Council Members of the Institute led by its President Mr. Mohammad Sanaullah FCS, met Prof. Dr. M. Khairul Hossain, Chairman and other high officials of Bangladesh Securities and Exchange Commission (BSEC) at his office in Securities Commission Bhaban on March 16, 2017. The president of ICSB congratulated Hon’ble Chairman of BSEC for shifting the office to its own premises. He also handed over four Secretarial Standards issued by ICSB on Board Meeting, General Meeting, Minutes and Dividend to the Chairman of BSEC and requested him to incorporate those Secretarial Standards in the Securities Law and Corporate Governance Guidelines.

Meeting with the Chairman, National Board of Revenue (NBR)

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS, called on Mr. Md. Nojibur Rahman, Chairman, NBR at the NBR Building at Segunbagicha, Dhaka on June 18, 2017. The President of ICSB briefed the Chairman on various activities of the Institute for the professional development of the Chartered Secretaries and particularly appraised on the inclusion of ICSB Members in the Income Tax Ordinance 1984, Value Added Tax and Supplementary Duty Act, 2012 as ITP and VAT Agent. The Chairman gave a patient hearing, noted the points and assured that he would consult the issue with the concerned Officials and other regulatory Authorities. The delegate also included Mohammad Bul Hassan FCS, Senior Vice President, Mr. Md. Selim Reza FCS, Vice President and Mr. Nazmul Karim FCS, Treasurer of the Institute.

Institute of Chartered Secretaries of Bangladesh (ICSB)

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS, called on Mr. Shubhashish Bose, the newly appointed Secretary, MoC at his office at Bangladesh Secretariat on March 14, 2017. President of the Institute congratulated him and briefed on recent activities of ICSB as a statutory body under the Ministry of Commerce and requested his guidance in the coming days. Hon’ble Secretary congratulated the newly elected Council of ICSB and expressed his hope that the dynamic leadership of the Council would take the Institute to a new height. He also appreciated the role of ICSB in promoting professionalism and development of the Company Secretary profession in Bangladesh and assured that MoC would extend all necessary cooperation and support in future.

Among others Mr. Md. Selim Reza FCS, Vice President, Mr. Nazmul Karim FCS, Treasurer, Mr. Md. Shahid Farooqui FCS, Council Member, Mr. Salim Ahmed FCS, Council Member, Mr. M. Naseemul Hye FCS, Immediate Past Senior Vice President and few other Senior Fellow Members of ICSB were also present during the meeting.

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Meeting with the Chairman, Parliamentary Standing Committee for Ministry of Finance

Mr. Mohammad Sanaullah FCS, President of the Institute called on Mr. Abul Kashem Md. Shirin, Managing Director & CEO of DBBL on June 15, 2017. He requested for reducing the ICSB Term Loan interest rate related to Aftab Nagar Land. The Managing Director and CEO of DBBL responded positively and reduced the interest rate at 9.50 % from 10.50%. Discussion with the Secretary, Ministry of Commerce

A delegation of ICSB led by its Vice President Mr. Md. Selim Reza FCS, met Dr. Md. Abdur Razzaque MP, Chairman, Parliamentary Standing Committee for Ministry of Finance at his office in Bangladesh Parliament on June 20, 2017.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Mr. Md. Selim Reza FCS, Vice President, ICSB briefed the Chairman about various activities of the Institute and the professional responsibilities of a Company Secretary in an organization. He particularly mentioned the necessity of inclusion of the Members of ICSB in the Income Tax Ordinance 1984 & Value Added Tax and Supplementary Duty Act, 2012 as ITP and VAT Agent. During the discussion the Vice President of the Institute explained with examples of our neighboring countries and tried to persuade the Chairman to take initiative for the amendment of the said Ordinance as well as the Act.

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A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS, attended a Meeting at the Conference Room of the Ministry of Commerce and presented proposals on the Draft Companies Act-2016 on August 18, 2017.

The Hon’ble Chairman of the concerned Parliamentary Standing Committee listened and endorsed the view for inclusion of ICSB Members as ITP & VAT Agent. He also told that his office would take necessary initiatives for the development of the Chartered Secretary profession to ensure good governance in Corporate Sector of Bangladesh.

Mr. Mohammad Asad Ullah FCS, Immediate past President, ICSB was present and participated in the discussion. Mr. Mohammad Asadullah FCS strongly expressed his opinion that inclusion of ICSB proposals would improve the Companies Act significantly and help establish good governance in the Corporate Sector. Hon’ble Secretary, MoC, Mr. Shubhashish Bose presided over the Meeting. Hon’ble Commerce Secretary assured ICSB delegation that ICSB’s proposals would be taken into consideration in finalizing the new Companies Act.

Meeting with the Managing Director and CEO of Dutch Bangla Bank Limited

Meeting with the Hon’ble Minister, Ministry of Commerce A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS, called on Mr. Tofail Ahmed MP, Hon’ble Commerce Minister, GoB on November, 2017. President of the Institute expressed his sincerest thanks and gratitude to the Hon’ble Minister for his gracious presence during the ‘20th Anniversary Celebration Programme of ICSB’ and specially briefed him about the upcoming ‘4th ICSB National Award for Corporate Governance Excellence -2016’ with humble invitation for kind consent to grace the occasion as the Chief Guest. Hon’ble Commerce Minister gave a patient hearing and gave consent to be the Chief Guest. He praised the


Meeting with the Financial Management Specialist of the World Bank

excellent arrangement of the 20th Anniversary Celebration Programme. He also appreciated the role of ICSB in promoting efficient corporate governance, code of conduct and international standard professional education. Mr. Shubhashish Bose, Hon’ble Commerce Secretary was also present during the Meeting. Mr. Md. Selim Reza FCS, Vice President, Mr. Nazmul Karim FCS, Treasurer, Mr. Itrat Hussain FCS, Past President and Council Member of the Institute were present during the meeting. Meeting with the Chairman of Financial Reporting Council

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS called on Ms. Suraiya Zannath, Lead Financial Management Specialist for the Governance Global Practice of the World Bank at her office on December 20, 2017. A lively discussion took place regarding the current activities of the Institute for establishing Governance Excellence in the local Corporate Sector. Ms. Zannath gave a patient hearing and assured whole hearted support from the World Bank for ICSB in future. The delegation also included Mr. Md. Selim Reza FCS, Vice President, Mr. Itrat Husain FCS, Past President and Council Member, Mr. Kazi Ashiqur Rahman FCS, and Mr. Kazi Shamsul Alam, Secretary, ICSB. INTERNATIONAL AFFILIATIONS

RELATIONS

AND

GLOBAL

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS called on Mr. C.Q.K Mustaq Ahmed, Chairman of Financial Reporting Council (FRC) on December 6, 2017 at his office. President of the Institute congratulated the Chairman on his assumption of the office of Chairman, FRC and hoped that FRC would ensure accountability and improve the performance of the professional accountants of Bangladesh. He also requested the Chairman to include ICSB in the list of their stakeholders. The delegate also included Mr. Mohammad Bul Hassan FCS, Senior Vice President, Mr. Itrat Husain FCS, Past President and Council Member and Mr. Kazi Shamsul Alam, Secretary, ICSB.

The Corporate Secretaries International Association (CSIA) is an international federation of professional bodies that promotes the best practices in Corporate Secretarial, corporate governance, and compliance services. It is the international federation of governance professional bodies for corporate secretaries and governance professionals and represents those who work as frontline practitioners of governance throughout the world. It is recognized by the Organization for

Institute of Chartered Secretaries of Bangladesh (ICSB)

Relationship with Corporate Secretaries International Association (CSIA)

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Economic Co-operation and Development (OECD) as the global voice of for this industry and its representatives sit on the OECD corporate governance roundtables. CSIA is a global organization whose mission is ‘to develop and grow the study and practice of Secretaryship, to improve professional standards, the quality of governance practice and organizational performance’. CSIA’s vision is to be ‘The Global Voice of Corporate Secretaries and Governance Professionals’. Its’ intent is to be heard and respected by the international business community as well as government agencies such as the WTO, UN, ILO, OECD and many others.

The Council always invites Members to contribute in any form, so that it could be enriched further. The Council also acknowledge with profound thanks and gratitude, the contributions received from various organizations in the form of advertisement without which it would have been difficult to continue publishing the Journal regularly. The Council deeply acknowledges the contribution of the Members of the Editorial Board, especially to Prof. Dr. Feroz I. Faruque FCS the editor and writers of the Journal for their relentless efforts. OTHER EVENTS AND ACTIVITIES ICSB Annual Picnic 2017

ICSB is the permanent member of CSIA. COMMUNICATION AND PUBLICATIONS The Journal

Institute of Chartered Secretaries of Bangladesh (ICSB)

‘The Chartered Secretary’ the Quarterly Journal of the Institute is regularly published by the Journal and Publication Sub-Committee as the source of information of ICSB. The journal covers the current and relevant issues appropriately for dissemination of knowledge to the Members and to the corporate readers. The Journal has since made its own space in the market which is a positive indication of professionalism of ICSB.

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The annual picnic was organized on February 3, 2017 at Rover Scout Training Center Bahadurpur, Gazipur, jointly by the Members’ Welfare and Recreation Sub Committee and Dhaka Regional Chapter Sub-Committees of ICSB. Around 700 people participated in this great annual congregation of ICSB. Participants were ICSB Members, their spouses, children and the employees of the Institute. It was a colorful occasion consisting of football match, cricket match, balloon blowing, biscuit race for the kids, pillow passing for the female members and raffle draw.


Commemoration of the International Language Day, 21st February

Mother

ICSB arranged a Certificate Awarding Ceremony on successfully completion of a Professional Training Programme on ‘Company Secretarial Practice’ for the Company Secretaries of different companies under the Power Division, Ministry of Power, Energy & Mineral Resources, GoB on May 6, 2017 at ICSB premises. Around 21 Company Secretaries of different Power Generation and Distribution Companies participated in this training programme which was started from April 10, 2017. Dr. Ahmed Kaikaus, Hon’ble Secretary of Power Division attended the programme as the Chief Guest and stated that this kind of Training enhances the capacities of the Company Secretaries to make a significant sign in their professional development. Mr. Mohammad Sanaullah FCS, President, ICSB mentioned in his speech that Company Secretary Profession is evolving rapidly around the world, new dimensions to meet the challenges of this competitive world.

A good number of ICSB Members, students and employees led by Mr. Mohammad Bul Hassan FCS, Senior Vice President and Mr. Syed Moniruzzaman FCS, Chairman, Dhaka Regional Chapter Sub Committee went to the Martyr Monument (Shaheed Minar) at Dhaka University campus with wreaths of flower, banner and festoon on February 21, 2017 early in the morning to commemorate the Language Martyrs who sacrificed their lives during the Bangla Language Movement on February 21, 1952 in the then East Pakistan. Certificate Awarding Ceremony at ICSB for the Company Secretaries of Power Division

ICSB undertook relief operations at village Khidrochapri, Bilmohisha and Jangalia Char areas of Sirajganj district which were severely affected by a devastating flood on September 23, 2017. They distributed corrugated tin, rice, and cash among 100 affected families as a part of the Post Flood Rehabilitation Programme of ICSB. Earlier to this a ‘Flood Relief Fund’ was formed where the Members of the Institute donated generously. Mr. Md. Selim Reza FCS, Vice President, Mr. Salim Ahmed FCS, Council Member and other members took part at the relief distribution activities.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Post Flood Relief Activities of ICSB

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20th Anniversary Celebration of ICSB

ICSB Celebrated its 20th Anniversary on July 22, 2017 at Bangabandhu International Conference Center (BICC), Dhaka. Mr. Tofail Ahmed MP, Minister for Commerce, GoB graced the occasion as the Chief Guest and Mr. Shubhashish Bose, Secretary, Ministry of Commerce, GoB attended as the Special Guest. The Minister congratulated the Members of the Institute for achieving this milestone. He reiterated that Bangladesh is advancing in the global corporate horizon at a great speed. The Founding Members were specially honored by Commerce Minister Mr. Tofail Ahmed. The qualified chartered secretaries of the 1st convocation were also duly honored. A beautiful documentary highlighting important historic events of last twenty years was shown to the audience. An enjoyable cultural programme was presented by prominent singers.

Institute of Chartered Secretaries of Bangladesh (ICSB)

ICSB Celebrated the Recognition of 7th March Speech of Bangabandhu Sheikh Mujibur Rahman

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ICSB celebrated the inclusion of the 7th March historical speech of Father of the Nation Bangabandhu Sheikh Mujibur Rahman in ‘the Memory of the World International Register’ as the ‘World’s Documentary Heritage’ declared by the UNSECO.

On November 25, 2017, the Institute organized a colorful rally from the Institute premises to the Suhrawardy Uddyan where the original speech was delivered in 1971. President of the Institute Mr. Mohammad Sanaullah FCS inaugurated the rally. Mr. Mohammad Bul Hassan FCS, Senior Vice President explained that the Memory of the World International is a list of documents having global significance. The objective of creating it is to ensure preservation of, and access to, documentary heritage in various parts of the World. A good number of Fellow and Associate Members including Vice President Mr. Md. Selim Reza FCS and the Treasurer Md. Nazmul Karim FCS, Institute Officials and Students joined the rally. The rally was jointly organized by Members Welfare & Recreation Sub Committee and DRC Sub Committee. CELEBRATION OF THE 47TH INDEPENDENCE DAY AT ICSB PREMISES

The 47th Independence Day of the Bangladesh was celebrated at the Conference Hall of the Institute on March 26, 2017. An Art Competition for the children of the Members was also organized to commemorate the martyrs who sacrificed their lives during the War of Liberation in 1971. President of the Institute inaugurated the programme and recalled the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and his contribution for this nation. He also urged the new generation to know the real history of the Liberation war of Bangladesh.


Among others Mr. Mohammad Bul Hassan FCS, Senior Vice President, Mr. Md. Selim Reza FCS, Vice President, Mr. Nazmul Karim FCS, Treasurer, Mr. A.K.M. Mushfiqur Rahman FCS, Council Member, Mr. Salim Ahmed FCS, Council Member, Mr. Syed Moniruzzaman FCS, Chairman, Dhaka Regional Chapter Sub Committee, Prof. Dr. Feroz Iqbal Faruque FCS, Past Senior Vice President and Chairman, Journal & Publication Sub Committee were also present and spoke during the occasion. CELEBRATION OF THE 7TH ANNIVERSARY OF ENACTMANT OF CHARTERED SECRETARIES ACT-2010

Chartered Secretaries would have a greater role through skilled professionalism in their respective fields as well as development of the Institute in future. A large number of Members including the Councilors and Office Bearers attended the programme. In the welcome speech Mr. Salim Ahmed FCS, Council Member and Chairman, Members Welfare & Recreation Sub Committee thanked all for making the programme successful. Among others, Senior Vice-President Mr. Mohammad Bul Hassan FCS, also in his address shared his feeling on this great occasion of the congregation. The anniversary programme was marked with Cake cutting, reminiscence from Members, Doa Mahfil and Iftar.

ICSB Members celebrated 7th anniversary of Enactment of Chartered Secretaries Act 2010 on June 16, 2017 at the Alumni Association Auditorium, Senate Bhaban, Dhaka University. President of the Institute Mr. Mohammad Sanaullah FCS, chaired the programme and outlined the various activities taken by the Institute during the last 8 years and recalled the efforts and hardships that the Founding Members and thereafter the council went through to pursue with GoB in passing the enactment of the CS Act 2010 and establishing ICSB. He specially expressed gratitude to the Honorary Fellow Members including the then Honorable Commerce Minister Mr. Muhammad Faruk Khan MP in the enactment process of the law and gazette notification of the Chartered Secretaries Regulations 2011. The President concluded his speech expressing his hope that the new

Amid patriotic zeal and enthusiasm, the 47th anniversary of the great Victory Day was celebrated at the Institute on Saturday, December 16, 2017 with a renewed pledge to build ‘Golden Bangla’ imbued with the spirit of the War of Liberation. The celebration began with the recitation form the Holy Quran and then playing of the national anthem in the Institute premises. Mr. Rejaul Karim Chowdhury, one of the Founders of the Shadhin Bangla Betar Kendra graced the occasion as the Chief Guest and described how the Pakistan launched the illogical war and swooped on the helpless and innocent people of Bangladesh. President of the Institute Mr. Mohammad Sanaullah FCS inaugurated and chaired the programme. An art

Institute of Chartered Secretaries of Bangladesh (ICSB)

CELEBRATION OF VICTORY DAY

25


competition and poetry recitation on the War of Liberation were also organized where a good number of children of ICSB Members participated. Among others, Mr. Nazmul Karim FCS, Treasurer, Mr. Mohammad Asad Ullah FCS, Immediate Past President and Council Member, Mr. Md. Shahid Farooqui FCS, Council Member, Mr. A.K.M. Mushfiqur Rahman FCS, Council Member, Mr. Salim Ahmed FCS, Council Member and Mr. Syed Moniruzzaman FCS, Chairman, Dhaka Regional Chapter Sub Committee also spoke on the occasion.

The Annual Picnic-2018 of ICSB was held on Friday, January 19, 2018 at Sea Shell Resort & Picnic Spot, Purbachal. The Members’ Welfare & Recreation Sub Committee arranged the picnic. This year highest number (620 nos) of members along with their spouses and children participated in the Picnic. The Picnic was inaugurated by the President of the Institute by releasing Balloons and Festoons. Council Members, Fellow and Associate Members also participated in the Picnic. Orientation Programme for the students of 41st Chartered Secretary Batch

LAND AT AFTABNAGAR ICSB purchased 10 katha land from Mohammad Abul Hashem (5 Khata) and Hazera Begum (5 khata) plot no. B/16 and B/18, Eastern Housing, Aftab Nagar, Badda, Dhaka in 2014 at a cost of Tk 123,085,912 out of which Tk 80,000,000 was paid by obtaining loan from Dutch-Bangla Bank Limited and Tk 43,085,912 was paid from the own fund of the Institute. Hazera Begum lodged a case in the District Judge Court, Dhaka to cancel the deed of registration of 5 katha land. The case is now in advance stage of Further Preemptory Hearing (FPH) and we are expecting to win the case considering its merits. Hazer Begum also lodged several other cases in the Lower Courts. Verdicts in those cases were given in favor of ICSB. SUBSEQUENT EVENTS (JANUARY – JUNE, 2018)

Institute of Chartered Secretaries of Bangladesh (ICSB)

ICSB Annual Picnic 2018

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ICSB had organized an orientation programne for the students of 41st Batch of Chartered Secretary at ICSB Campus, Dhaka on Friday, February 16, 2018 at 4:00 pm. The programme began with the recitation from the Holy Quran. President of the Institute Mr. Mohammad Sanaullah FCS inaugurated the programme by greeting the newly enrolled students with his blessings and urged the students to strive for academic excellence, personal values and social concern. Mr. Safiar Rahman FCS, Chairman, Education Committee of the Institute discussed about the role of Chartered Secretaries in the corporate management and also corporate expectations from the new generation of management personnel. Finally, Mr. Nazmul Karim FCS, Treasurer of the Institute gave the vote of thanks on behalf of the Institute. A good number of students were present in the orientation programme. ICSB Observes Amar Ekushey International Mother Language Day

February

and


Meeting with the Hon'ble Finance Minister

The President of ICSB requested the Chairman, NBR to allow Chartered Secretary professionals to become Income Tax Practitioners and VAT Agent like Chartered Accountants and Cost & Management Accountants under the Income Tax Ordinance 1984. The Chairman, NBR took this request very positively and assured his cooperation for the development of the Profession of Chartered Secretary. CPD Programme on Bangladesh Standards Issued by ICSB

President of the Institute Mr. Mohammad Sanaullah FCS along with the office bearers Mr. Mohammad Bul Hassan FCS, Senior Vice President, Mr. Md. Selim Reza FCS, Vice President and Mr. Nazmul Karim FCS, Treasurer, ICSB met Mr. Abul Maal A. Muhith MP, Honorable Minister, Ministry of Finance, GoB at his office on February 25, 2018. The President of ICSB briefed the Finance Minister on various ongoing activities of the Institute and thanked him for his generous support and cooperation to the Institute. He requested the honorable Minister to include Chartered Secretary professionals as Income Tax Practitioner (ITP and VAT Agent) like Chartered Accountants and Cost & Management Accountants under the Income Tax Ordinance 1984. Honorable Minister took it very positively and assured that he would take necessary action in this regard. Meeting with the Chairman, National Board of Revenue ICSB delegation led by its President Mr. Mohammad Sanaullah FCS along with office bearers Mr. Md. Selim Reza FCS, Vice President and Mr. Nazmul Karim FCS, Treasurer of the Institute called on Mr. Md. Mosharaf Hossain Bhuiyan, ndc, Senior Secretary, Internal Resources Division (IRD) and Chairman, National Board of Revenue at his office on March 14, 2018. The President of ICSB briefed the Chairman on various ongoing activities of the Institute and thanked him for his generous support and cooperation to the Institute.

Secretarial

Institute of Chartered Secretaries of Bangladesh (ICSB) organized a Continuing Professional Development (CPD) programme on "Bangladesh Secretarial Standards Issued by ICSB” on Friday March 16, 2018 at Hotel Purbani International, Dhaka. Mr. Mohammad Asad Ullah FCS, Immediate past President and Chairman, Professional Development Sub Committee presided over the CPD Seminar and summed up the whole session. In his welcome address, he stressed the importance to enforce the Secretarial Standards (BSS-1, BSS-2, BSS-3 and BSS-4) for integration, harmonization and standardization of diverse secretarial practices prevailing in the country and requested the Chief Guest and Special Guest to incorporate the provisions in the new Companies Act and revised Corporate Governance Guidelines initiated by Ministry of Commerce and Bangladesh Securities and Exchange Commission (BSEC) respectively. He requested the BSEC to incorporate a mandatory clause

Institute of Chartered Secretaries of Bangladesh (ICSB)

Amar Ekushey February and International Mother Language Day was observed by ICSB Members with due solemnity and nationalist fervour at the Conference Hall of the Institute. On this occasion Members’ Welfare and Recreation Sub Committee of ICSB organized a programme on behalf of the Institute on Wednesday, February 21, 2018 which includes hand writing competition, art competition and poetry recitation. A good number of ICSB Members, their spouses and children participated in the programme with patriotic zeal and enthusiasm. The programme began with the recitation from the Holy Quran and singing of the national anthem.

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in the revised Corporate Governance Guidelines for appointment of Chartered Secretary in every listed company as Company Secretary who would contribute to economic development as well as to achieve SDGs of Bangladesh.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Mr. Mohammad Sanaullah FCS, President of ICSB, in his address pointed out that the Institute of Chartered Secretaries of Bangladesh is a regulatory body to promote, develop & regulate the Profession of Chartered Secretaries in the Country in Compliance with the requirement of the Chartered Secretaries Act. 2010. The Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) established a Secretarial Standard Board (SSB) to develop and release Secretarial Standards on Corporate Management in the year 2012. Subsequently, SSB released 4 (Four) Secretarial Standards (SS) on (I) Board Meeting (II) General Meeting (III) Minutes (IV) Payment of Dividend.

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The Institute has been making consistent efforts to sensitize the law makers about the significance of Secretarial Standards. The Council brought to the notice of the Honorable Secretary of the Ministry of Commerce the importance of incorporating Secretarial Standards in the new companies Act at the ICSB workshop on Reforms of Companies Act 1994 at the 20th anniversary and at the concerned Ministry while presenting proposals for new Companies Act. The President also appraised the Chairman, BSEC and other officials about the need to include Secretarial Standards in the Corporate Governance Guideline, which were duly incorporated in the proposed CG Guidelines. The President thanked BSEC for realizing the needs of the corporate sector. The formulation of Secretarial Standards by SSB of ICSB is a unique and pioneering step towards Standardization of diverse Secretarial Practices. Similar Standards are also in existence in the world. Indian Companies act 2013 under section 118 (10) mandated that every company to observe secretarial Standards formulated by the Institute of Company Secretaries of India (ICSI). Further section 205(1) of the Indian Companies Act 2013 lays down the functions of the company Secretary which inter-alia ensures that the company complies with the applicable SS in the Secretarial Audit Report. The adoption of the Secretarial Standards by the corporate sector will have substantial impact on the quality of company secretarial practices being followed by the companies, making them comparable with the best practices in the world. The President also requested the Chief Guest and the Special Guest to make Secretarial Standards mandatory like India and give opportunity to Chartered Secretaries to serve the corporate world with greater responsibility. The president appealed to the Hon’ble Chief Guest to include a mandatory provision in the new Companies Act

that every Company who’s paid up capital is Tk 10 crores and above should have a full time Company Secretary. Mr. Shubhashish Bose, Secretary, Ministry of Commerce, Government of the People’s Republic of Bangladesh attended the programme as the Chief Guest. He said that the present government has taken lot of initiatives to attract foreign direct investments (FDI) in Bangladesh and establish good corporate culture in the country. He also expressed his view that Professional Institute’s like ICSB should come forward and share their knowledge regarding the development process of the Country. He assured that the recommendations made by ICSB members in this programme for incorporation of the provisions of Secretarial Standards 1, 2, 3 and 4 in the Companies Act will be taken into consideration, so that the corporate sector of the country will be developed and the nation will be benefitted as a whole. Prof. Dr. Swapan Kumar Bala, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) attended the programme as the Special Guest. He said that Bangladesh is on the path of rapid development and already graduated from Least Developing Country status. ICSB is a professional Institute and can work with BSEC to establish good governance in the corporate sector of Bangladesh. He appreciated the role of Chartered Secretaries in a company for compliance with the rules and regulations imposed by regulatory authorities from time to time. BSEC will do everything for the development of ICSB profession. He also assured that necessary measures would be taken to incorporate the Secretarial Standards issued by ICSB in the final revised Corporate Governance Guidelines initiated by BSEC for the development of capital market of the country. Two Keynote Papers were presented in the CPD programme by Mr. Md. Azizur Rahman FCS, Council Member of ICSB on Secretarial Standards 1 and 2 and the other one was presented by Mr. M. Naseemul Hye FCS, former Senior Vice President of ICSB on Secretarial Standards 3 and 4. Official discussants of the session were Dr. Feroz Iqbal Faruqe FCS, former Senior Vice President of the Institute and Mr. Safiar Rahman FCS Council Member of the ICSB. They gave valuable inputs in their discussions. A lively question & answer session was held at the later part of the programme where the Commissioner, Bangladesh Securities and Exchange Commission (BSEC) and Paper Presenters answered different questions of the participants. The Programme was attended by a large number of Members of the Institute who were working in different listed companies of the country, Corporate Leaders and Government Officials.


Meeting with Secretaries

the

Newly

Qualified

Chartered

President of the Institute Mr. Mohammad Sanaullah FCS along with Vice President Mr. Md. Selim Reza FCS, Treasurer Mr. Nazmul Karim FCS and Council Member Mr. Salim Ahmed FCS of the Institute met the newly Qualified Chartered Secretaries (QCS) of the Institute on Saturday, March 24, 2018. The President of ICSB congratulated the QCS and briefly discussed the guidelines for Internship Program. Financial Assistance from ICSB Members Benevolent Fund

Visit to National Martyrs' Memorial in Savar

A team of ICSB members and officials lead by the Treasurer Mr. Nazmul Karim FCS paid tributes to the Liberation war martyrs on Monday, March 26, 2018, which marked the 48th independence day of Bangladesh. They reached Jatiyo Smriti Soudho (National Martyrs' Memorial) in Savar early in the morning to pay floral tributes in remembrance of the souls who sacrificed their lives to earn Bangladesh liberation from the then West Pakistan after a bloody war.

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS called on Dr. M. Khairul Hossain, Chairman, Bangladesh Securities and Exchange Commission (BSEC) on May 3, 2018. President of the Institute discussed the proposed Codes of Corporate Governance of Bangladesh. On March 24, 2018 on behalf of the Trustee board, President of the Institute Mr. Mohammad Sanauaalh FCS handed over financial assistance of Tk. 2,00,000 (Two Lacs) to the successors of Late Md. Rafiqul Islam FCS and Late Md. Safir Uddin ACS.

Mr. Md. Selim Reza FCS, Vice President, Mr. Md. Shahid Farooqui FCS, Council Member, Mr. Salim Ahmed FCS, Council Member, Mr. Kazi Shamsul Alam, Secretary, ICSB and Md. Shamibur Rahman ACS, Director (A&F) were present at the meeting.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Meeting with the Chairman, Bangladesh Securities and Exchange Commission

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Meeting with the Chairman, National Board of Revenue

A delegation of the Council Members of the Institute comprising of Mr. Mohammad Asad Ullah FCS, Immediate past President, ICSB, Mr. Md. Azizur Rahman FCS, Mr. A.K.M. Mushfiqur Rahman FCS, Mr. Gopal Chandra Debtath FCS and Mr. Md. Anwar Hossain Chowdhury FCS, called on Mr. Md. Mosharraf Hossain Bhuiyan, ndc, Chairman, National Board of Revenue (NBR) at his Office, Segunbagicha, Dhaka on Sunday, May 20, 2018.

Institute of Chartered Secretaries of Bangladesh (ICSB)

The ICSB delegate requested the Chairman, NBR to include the profession of Chartered Secretary as authorized representative (ITP) under the Income Tax Ordinance 1984 and as Mushuk Agent under the Value Added Tax and Supplementary Duty Act, 2012; so that they can appear before any income tax authority and the Appellate Tribunal for any proceeding all over the country. The Chairman assured them that all out measures would be taken by NBR to include the ICSB profession as authorized representative under the Income Tax Ordinance 1984 and Mushuk Agent under VAT Act, 2012. The ICSB delegate discussed with the Chairman on different aspects of the proposed national budget 2018-19 and also requested the Chairman to reduce the individual tax rate from existing highest 30% to 25% and expand the tax net to collect more revenue and also to reduce the corporate tax to a reasonable level in order to attract both local and foreign investments. This measure would also boost up the industrial development of the country as well as creating employment opportunities. The Chairman had patience hearing and assured the ICSB delegate that, NBR will also look into the matter and would consider their proposals. Meeting with the Secretary, Ministry of Commerce A delegation of ICSB led by its President Mohammad Sanaullah FCS, called on Mr. Shubhashish Bose, Hon’ble Secretary, and Ministry of Commerce at the Bangladesh

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Secretariat on June 11, 2018. Vice President Mr. Selim Reza FCS along with Mr. Kazi Shamsul Alam, Secretary, ICSB and Mr. Md. Shamibur Rahman ACS, Director (A & F) were also present at the meeting. President of the Institute requested the Hon’ble Commerce Secretary to incorporate ICSB’s recommendations in the proposed Companies Act to strengthen good governance in the corporate sector. Meeting with Secretary, Finance Division, Ministry of Finance

A delegation of ICSB led by its President Mr. Mohammad Sanaullah FCS, called on Mr. Mohammad Muslim Chowdhury, Secretary, Finance Division, Ministry of Finance at his office on June 24, 2018. The President of ICSB briefed the Hon’ble Secretary on recent activities of ICSB and plan for its future development. He sought cooperation and support of the Secretary in the activities of the Institute. Mr. Md. Selim Reza FCS, Vice President, Mr. Itrat Husain FCS, Past President and Council Member, Mr. A.K.M. Mushfiqur Rahman FCS, Council Member, Mr. Salim Ahmed FCS, Council Member, Kazi Shamsul Alam, Secretary and Mr. Md. Shamibur Rahman ACS, Director (A & F) were present during the Meeting.


Pohela Boishakh Celebration at ICSB

University. Mohammad Sanaullah FCS, President of the Institute, with a large number of Members including the Councilors and Office Bearers of the Institute attended the programme. Mr. Suhel Ahmed Choudhury, Ex Secretary, Ministry of Commerce graced the Mahfil as special guest.

Training Programme The Institute organized the following training courses as a part of the Management Development Program: Management of Company Meetings:

Doa and Iftar Mahfil

Members’ Welfare & Recreation Sub Committee of ICSB organized a Doa and Iftar Mahfil on June 8, 2018 at Alumni Association Auditorium, Senate Bhaban, Dhaka

A day long Professional Training Programme on “Management of Company Meetings” was held on May 12, 2018 at the Training Room of the Institute. Mr. Mohammad Sanaullah FCS, President of the Institute inaugurated the programme and delivered the welcome speech. He highlighted the effectiveness of the continuous training in his speech. Some important topics were covered in the training session such as Essentials of Company Meetings, Procedure for Conducting Board/ Committee Meetings, Procedure for Conducting General Meetings including Statutory, AGM & EGM, Minutes & Resolution and Reports & Return. A good number of participants attended the training program.

Institute of Chartered Secretaries of Bangladesh (ICSB)

ICSB celebrated the Bengali New Year 1425 “Pohela Boishakh” on April 14, 2018 with great enthusiasm in the presence of a large number of members along with their spouses and children. A cultural programme of Bengali tradition including poetry recitation, folk song and dress as you like the best (children) was also organized during the occasion. President of the Institute Mr. Mohammad Sanaullah FCS, Mr. Md. Selim Reza FCS, Vice President, Mr. Nazmul Karim FCS, Treasurer, Mr. Salim Ahmed FCS, Council Member, Mr. Syed Moniruzzaman FCS, Chairman, Dhaka Regional Chapter Sub Committee and Mr. Kazi Shamsul Alam, Secretary, ICSB were present. The programme ended with an enchanting cultural programme of authentic Bengali tradition. Customary Bengali foods were also served among the participants.

In the welcome speech Salim Ahmed FCS, Council Member and Chairman, Members’ Welfare & Recreation Sub Committee of the Institute appreciated the Members for their participation in the programme despite their busy schedule and thanked all concerned for making the programme successful. A renowned Islamic scholar discussed about the values of Ramadan in our life and conducted the Doa.

31


Internal Audit & Control Environment:

• • • • • • •

Four days Professional Training Programme on “Internal Audit & Control Environment” was held from May 13 to 16, 2018 at the Training Room of the Institute. Mr. Mohammad Sanaullah FCS, President of the Institute inaugurated the programme and delivered the welcome speech. He highlighted the importance of the activities of the Internal Auditor in his speech. Some important topics were covered in the training session such as Introduction to Internal Audit and Control Environment and its Effectiveness, Risked Based Internal Audit, Audit Planning, Controlling and Documentation, Audit Evidence, Frauds and Errors, Internal Control & Verification, Management Audit, IT Based Audit and Audit Committee & It’s Function. A good number of participants attended the training program. YEARS AHEAD

Institute of Chartered Secretaries of Bangladesh (ICSB)

There are challenges ahead for retaining today’s position and holding better position in future. The Institute will have to be equipped adequately to face the challenges. The future leadership, for steering the wheel of the Institute, should be stronger and more effective, so that this respected profession can earn more repute in the corporate arena in Bangladesh. However, the unfinished missions lying ahead for the future Council will be long and more painstaking. Those are: • • • • • • • •

32

Organize 5th ICSB National Award for Corporate Governance Excellence 2017. Organize 7th Convocation and 7th Convention in 2018. Updating syllabus of the Institute. Establish new Campus Complex including office for the Institute at its own land & building. Take more initiative to incorporate the role of the profession in the new Companies Act. Initiating activities like seminar, workshops on current professional topics for professional development of the Members. Develop ICSB Secretariat with capable and competent staff to meet the Members’ needs and expectations. Initiate activities for automation and digitization of ICSB library.

• • •

Strengthening the international relations with similar institutes around the world. Arrange more more workshop and CPD programmes for updating Members’ professional knowledge. Develop Institute’s coaching classes and more research works for academic excellence. Developing Institute’s Software to bring all activities of ICSB under IT enabled service. Ensure regular publication of Institute’s Journal. More Secretarial Standards needs to be developed and implemented. Conducting Research on different issues related to the Chartered Secretary Profession Automated admission application, Form submission and all kind of payment to the Institute. Getting the flag of the Institute flying high in Bangladesh. Arrange training programmes regularly.

ACKNOWLEDGEMENTS The Council recognizes with deep appreciation the support and cooperation it received from various quarters to carry out its activities smoothly and effectively during the year 2017. The Council places on record its gratitude to different Ministries and Offices of the Government, particularly the Ministry of Commerce, Ministry of Finance (including NBR and ERD) and Ministry of Law, Justice & Parliamentary Affairs and BSEC, RJSC&F, DSE and other regulatory authorities of the Government for their guidance and support for the development of the Institute. We are also thankful to the distinguished personalities who have patronized us by providing advertisements for the Journal and Members’ Directory and specially sponsorship for holding ‘6th National Convention, 6th Convocation, 2016 and 4th ICSB National Award for Corporate Governance Excellence 2016’ held on November 30, 2017. The Council also acknowledges the sincere and dedicated services received from the Council Members and the Members of different Committees for the cause of the Institute. The Council places on record it’s thanks to the employees of the Institute for their continuous services. On behalf of the Council,

Mohammad Sanaullah FCS PRESIDENT Dated: Dhaka, July 25, 2018


Institute of Chartered Secretaries of Bangladesh (ICSB) List of the Senior Members whose Annual Membership Subscription have been waived off due to attaining 65 years of age as per resolution of 10th Council Meeting of ICSB held on December 5, 2011

As on January 31, 2018 Name of the Members

Membership No.

Amount (TK)

01

Mr. Muzaffar Ahmed FCS

F - 0001

7,000

02

Mr. A.K.A. Muqtadir FCS

F - 0003

7,000

03

Mr. Md. Saiduzzaman FCS

F - 0007

7,000

04

Mr. Md.Yeamin Hossain FCS

F - 0008

7,000

05

Mr. Itrat Husain FCS

F - 0009

7,000

06

Mr. N.G. Chakrabority FCS

F - 0013

7,000

07

Mr. Md. Mushtaque Ahmed FCS

F - 0014

7,000

08

Mr. Alhaj A.F.M. Shamsudduha FCS

F - 0015

7,000

09

Mr. Azadur Rahman Khan FCS

F - 0018

7,000

10

Mr. Akhter Matin Chaudhury FCS

F - 0020

7,000

11

Mr. Quazi Shafiqul Islam FCS

F - 0023

7,000

12

Mr. Firoz Iqbal Faruque FCS

F - 0030

7,000

13

Mr. M. Amirul Islam Mondal FCS

F - 0034

7,000

14

Mr. Md. Mizanur Rahman FCS

F - 0035

7,000

15

Mr. Mosleh Uddin Ahmad FCS

F - 0036

7,000

16

Mr. Safiar Rahman FCS

F - 0038

7,000

17

Mr. Mansur Alam FCS

F - 0040

7,000

18

Mr. Biplob Kumar Guha Neogi FCS

F - 0041

7,000

19

Mr. Sadhan Chandra Das FCS

F - 0043

7,000

20

Mr. Hiralal Barua FCS

F - 0048

7,000

21

Mr. Abul Khair Chowdhury FCS

F - 0065

7,000

22

Mr. M. Mujibur Rahman FCS

F - 0079

7,000

23

Mr. S. M. Obaidullah FCS

F - 0080

7,000

24

Mr. Ahmed Reza Chowdhury FCS

F - 0090

7,000

25

Mr. Syed Naymul Hassan FCS

F - 0100

7,000

26

Mr. Aviram Bhowmik FCS

F - 0126

7,000

Total Amount (TK) :

182,000

Institute of Chartered Secretaries of Bangladesh (ICSB)

Sl No.

33


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on July 31, 2018

Council Members - Tk.20,000/-

Institute of Chartered Secretaries of Bangladesh (ICSB)

Md. Mokammel Hoque FCS

F-0178

01

Mohammad Sanaullah FCS

F-0004

24

Sheikh Khaled Zahir FCS

F-0155

02

Salim Ahmed FCS

F-0119

25

J Q M Habibullah FCS

F-0129

03

Mohammad Nurul Alam FCS

F-0095

26

Sadhan Chandra Das FCS

F-0043

04

A T M Tahmiduzzaman FCS

F-0156

27

Mohammad Abdullah Al Mamun FCS

F-0136

05

Mohammad Asad Ullah FCS

F-0025

28

Jashim Uddin FCS

F-0123

06

Mohammad Bul Hassan FCS

F-0113

29

Oli Kamal FCS

F-0128

07

Itrat Husain FCS

F-0009

30

Md. Munirul Hoque FCS

F-0160

08

Md. Azizur Rahman FCS

F-0063

31

Mohammad Asadur Rahman FCS

F-0176

09

Md. Shahid Farooqui FCS

F-0037

32

Mohammad Ruhan Miah FCS

F-0165

10

Md. Selim Reza FCS

F-0067

33

Saiful Alam FCS

F-0158

11

Md. Monirul Alam FCS

F-0069

34

Mohamamd Monirul Islam FCS

F-0159

12

M Naseemul Hye FCS

F-0056

35

Santanu Saha FCS

F-0161

13

Hossain Sadat FCS

F-0105

36

Md. Abedur Rahman FCS

F-0164

14

Nanda Gopal Chakraborty FCS

F-0013

37

Md. Zasim Uddin FCS

F-0163

15

Nazmul Karim FCS

F-0085

38

Md. Mizanur Rahman FCS

F-0166

16

Gopal Chandra Debnath FCS

F-0114

39

Md. Mizanur Rahman FCS

F-0167

40

Mohammad Zubair Uddin Bhuiyan FCS

F-0162

Fellow Members - Tk. 10,000/-

34

23

41

Md. Sarwar Kamal FCS

F-0169

01

S. Abdur Rashid FCS

F-0104

42

Md. Arif Hossain FCS

F-0171

02

Md. Mizanur Rahman FCS

F-0035

43

A F M Nazrul Islam FCS

F-0172

03

Akhter Matin Chaudhury FCS

F-0020

44

Khalid Mohammad Sharif FCS

F-0173

04

Badal Chandra Rajbangshi FCS

F-0140

45

Md. Kawsar Alam FCS

F-0137

05

Md. Zahangir Alam Manik FCS

F-0148

46

M. Mujibur Rahman FCS

F-0079

06

Nur-e-Alam FCS

F-0116

47

Muhammad Rajibul Hasan FCS

F-0175

07

Shahjahan Kabir FCS

F-0170

48

Md. Aftab Uddin Khan FCS

F-0052

08

Mohammed Enamul Hye FCS

F-0058

49

Md. Humayun Kabir FCS

F-0177

09

Md. Mozharul Islam FCS

F-0124

50

Md. RaďŹ qul Islam FCS

F-0179

10

Kazi Ashiqur Rahman FCS

F-0070

51

Md. Mushtaque Ahmed FCS

F-0014

11

Md. Monowar Hossain FCS

F-0150

52

A. F. Nesaruddin FCS

F-0042

12

Syed Moniruzzaman FCS

F-0141

53

N. K. A. Mobin FCS

F-0032

13

Mohammad Akram Hossain FCS

F-0151

54

Md. Mohashin FCS

F-0033

14

khandaker Habibuzzaman FCS

F-0125

55

Mintu Kumar Das FCS

F-0153

15

Muhammed Abul Hashem FCS

F-0011

56

Dr. Saleh Ahmed Bhuiyan FCS

F-0045

16

Muzaffar Ahmed FCS

F-0001

57

Mohammad Shahajahan FCS

F-0149

17

A K M Haruner Rashid FCS

F-0102

58

Md. Abdul Haque Sarder FCS

F-0093

18

Mohammad Saiful Islam Chowdhury FCS

F-0174

59

S. M. Mahabub Islam FCS

F-0157

19

Abdullah Al Mahmud FCS

F-0111

60

Hossain Ahmed Bhuiyan FCS

F-0181

20

Prof. Dr. Feroz Iqbal Faruque FCS

F-0030

61

Md. Shahidul Islam FCS

F-0184

21

Mansur Alam FCS

F-0040

62

Md. Riazul Hoque Sikder FCS

F-0180

22

Lorens Shamol Mollick FCS

F-0168

63

Jayanta Kumar Podder FCS

F-0183


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB

64

Md. Mizanur Rahman FCS

F-0182

18

Gokul Chandra Biswas ACS

A-0128

65

Mohammed Ashfaqul Hoque FCS

F-0185

19

Rayhan Kamal ACS

A-0210

66

Md. Abu Sukkur FCS

F-0186

20

Md. Monir Hossain ACS

A-0179

67

Masudur Rahman Bhuiyan FCS

F-0187

21

Md. Saiful Islam ACS

A-0186

68

Swapan Kumar Chakraborty FCS

F-0193

22

Muhammad Abu Bakar Siddique ACS

A-0304

69

Md. Shahidul Islam FCS

F-0194

23

Md. Abu Sayeem ACS

A-0252

70

Darul Awam Tuhin FCS

F-0196

24

Md. Sayem ACS

A-0232

71

Tauhidul Islam ACS

F-0195

25

Md. Lokman Hossain ACS

A-0283

72

Md. Saiful Islam FCS

F-0189

26

Israt Jahan Rimi ACS

A-0217

73

Md. ShaďŹ qur Rahman FCS

F-0190

27

Syed Mohammad Nasim ACS

A-0273

74

Mohammad Iqbal Chowdhury FCS

F-0191

28

Arif Abdut Toweb ACS

A-0322

75

Uttam Kumar Saha FCS

F-0188

29

Mohammad Harun- Ar- Rashid ACS

A-0318

76

Mohammad Jafar Ali FCS

F-0197

30

Md. Muniruzzaman ACS

A-0319

77

Rajib Saha FCS

F-0198

31

Mohammad Shahidul Islam ACS

A-0320

78

Md. Kamrul Hasan FCS

F-0199

32

A. K. M. Rashidul Hasan ACS

A-0321

79

Jasmin Akter FCS

F-0200

33

Md. Atiqur Rahman ACS

A-0323

80

Md. Monirul Islam Khan FCS

F-0201

34

Mohammad Asaduzzaman ACS

A-0324

81

Muhammad Aminur Rahman FCS

F-0204

35

Prodip Lal Bhowmick ACS

A-0325

82

Masuda Sultana FCS

F-0207

36

Sunita Barua ACS

A-0326

83

Mohammad Mahtab Uddin FCS

F-0205

37

Mohammad Emarot Hossain ACS

A-0336

84

A S M Sayeem FCS

F-0206

38

Mahamudhul Hasan ACS

A-0327

85

Sayed Amimul Ihsan FCS

F-0208

39

Muhammad Shamsul Islam ACS

A-0328

40

Muhammad Anowarul Kibria ACS

A-0329

Associate Members - Tk.5,000/-

41

Shariar-Al-Mamun ACS

A-0335

1

Md. Zaker Rahmatullah ACS

A-0301

42

Khandakar Taslima Rahman ACS

A-0342

2

Khondakar Nasir Uddin Mahmud ACS

A-0296

43

Mohammed Abu Salam ACS

A-0333

3

Mohammad Amran Hossain Bhuiya ACS

A-0334

44

Babul Meah ACS

A-0338

4

Khandker Abu Jafar Sadique ACS

A-0341

45

Ummey Tahera Sultana ACS

A-0337

5

Mahbub Iqbal Morshed FCS

F-0192

46

Md. Mehadi Hasan Mazumder ACS

A-0343

6

Mohammad Ashraf Uddin Chowdhury ACS

A-0290

47

Md. Shamibur Rahman ACS

A-0344

7

Syed Shafayet Hossain ACS

A-0310

48

Dr. Md. Rashedul Azim ACS

A-0345

8

Shahadat Hossain Chowdhury FCS

F-0203

49

Malik Muntasir Reza ACS

A-0346

9

Md. Robiul Islam ACS

A-0315

50

Uttam Kumar Dey ACS

A-0347

10

Md. Salim Reza ACS

A-0313

51

Bimol Chandra Roy ACS

A-0348

11

Mohummod Tareq Hosen Mozumder ACS

A-0314

52

Nayamul Hoque ACS

A-0349

12

Md. Asraful Islam ACS

A-0309

53

Santush Chandra Sarker ACS

A-0350

13

Md. Shiful Islam ACS

A-0293

54

Md. Mijanur Rahman ACS

A-0351

14

Md. Sharif Hasan ACS

A-0312

55

Forhad Hossain Khandaker ACS

A-0352

15

Sorwar Alam ACS

A-0223

56

Md. Ismail Hossain ACS

A-0353

16

Muhammed Moshiur Rahman ACS

A-0258

57

F R M Rashedul Hasan ACS

A-0354

17

Md. Zillur Rahman FCS

F-0202

58

Quazi Shabnam ACS

A-0356

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

35


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

36

59

Asadullah Mahmud ACS

A-0355

100 Shyamal Chandra Nath ACS

A-0399

60

Md. Mamunur Rashid ACS

A-0357

101 Md. Alauddin ACS

A-0400

61

Mohammad Jaman Khan ACS

A-0358

102 Farzana Kashem ACS

A-0401

62

Mohammad Kamruzzaman ACS

A-0359

103 Mohammad Mahfuz Alam ACS

A-0402

63

Krishna Kumar Sarma ACS

A-0361

104 Md. Omar Faruque ACS

A-0403

64

Md. Jamilur Rahman ACS

A-0362

105 Abu Syed Md. Nahid ACS

A-0404

65

Md. Warisur Rahman ACS

A-0363

106 Faruk Mia ACS

A-0405

66

Mahmud Hossan Belali ACS

A-0364

107 Al Helal Md. Moudud Ahammed ACS

A-0406

67

Md. Abdul Aziz ACS

A-0365

108 Mohammad Samsul Haque ACS

A-0407

68

Tofael Ahmed Mazumder ACS

A-0366

109 Anupom Kumer Ghosh ACS

A-0408

69

Md. Obaidur Rahman ACS

A-0367

110 Mohammad Mosaddaque ACS

A-0409

70

Kazi Hasan Mahamud ACS

A-0368

111 Md. Ahmadul Haque ACS

A-0410

71

Md. Jaber Parvez ACS

A-0369

112 Md. Alam Sarder ACS

A-0411

72

Md. Nazrul Islam Chowdhury ACS

A-0370

113 Mithun Chandra Singha ACS

A-0412

73

Hasan Tarek ACS

A-0371

114 Ripon Chandra Mazumder ACS

A-0413

74

Nasir Uddin ACS

A-0372

115 Md. Moshihor Rahman ACS

A-0414

75

Md. Rakibul Hasan ACS

A-0373

116 Md. Israil Hossain ACS

A-0415

76

Imam Hossen ACS

A-0374

117 Mohammad Zahirul Islam ACS

A-0416

77

Abu Jafar Ali ACS

A-0375

118 Khalilur Rahman ACS

A-0417

78

Zannat Afza Usha ACS

A-0376

119 Bibhuti Bhusan Sarker ACS

A-0418

79

Mohammad Mostafa Hossain Suman ACS

A-0377

120 Md. ShaďŹ qul Alam ACS

A-0419

80

M. M. Sajedul Islam ACS

A-0378

121 Md. Salahuddin ACS

A-0420

81

Md. Hamidul Islam ACS

A-0379

122 Chandan Kumar Kundu ACS

A-0421

82

Md. Mamun Or Rosid ACS

A-0380

123 Tahmina Hossain ACS

A-0422

83

Md. Zillur Rahman ACS

A-0381

124 Amit Kumar Dey ACS

A-0423

84

Mahbub-ul-Anam Khan ACS

A-0382

125 Riajur Reza Mohammad Faisal ACS

A-0424

85

Aminul Islam ACS

A-0383

126 Md. Tahidul Amin Mojumder ACS

A-0425

86

Mohiuddin Siddique ACS

A-0384

127 Dhijen Barua ACS

A-0426

87

Mohammed Ashraful Anowar ACS

A-0385

128 S M Rubayet Hossain ACS

A-0427

88

Md. Mustafa Kamal ACS

A-0386

129 Sarwar Hossain Siddiqi ACS

A-0428

89

Mohammed Saifullah ACS

A-0360

130 Gias Uddin ACS

A-0429

90

Md. Asad Hossen ACS

A-0387

131 Abul Fazal Mohamed Rubayat ACS

A-0430

91

Md. Golam Rabbani Akondo Rocky ACS

A-0388

132 Md. Mohibul Alam ACS

A-0431

92

Md. Atiqul Islam ACS

A-0389

133 Md. Selim Parvez ACS

A-0394

93

Md. Enayet Rabbani Chowdhury ACS

A-0390

134 Md. Ramzan Hossain ACS

A-0432 A-0433

94

Mohammad Zafar Ullah ACS

A-0391

135 S. M. Nooruzzaman ACS

95

Hadisul Alam ACS

A-0392

136 Al - Mamun ACS

A-0434

96

Md. Jahangir Alam ACS

A-0395

137 Monirul Islam ACS

A-0435

97

Md. Delowar Hossain ACS

A-0396

138 Mohammad Mohibur Rahaman ACS

A-0436

98

Rashed Mahmud Bhuiyan ACS

A-0397

139 Farjana Haque ACS

A-0393

99

Md. Abu Musa ACS

A-0398

140 Sanjit Kumar Saha ACS

A-0438


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB

141 Rajib Kumar Ghosh ACS

A-0439

176 Mohammed Maruf Al Hasnat ACS

A-0470

142 Jahanara Eva ACS

A-0440

177 Md. Wahedul Islam ACS

A-0471

143 Mohammed Showket Iqbal ACS

A-0441

178 Md. Forhad Hossain Patwary ACS

A-0472

144 Raihan Abu Jafar ACS

A-0442

179 Mamunur Rashid ACS

A-0473

145 Md. Einul Haque ACS

A-0443

180 Muhammad Asraful Hossain Khan ACS

A-0475

146 Md. Shahedul Amin ACS

A-0444

181 Mohammad Shahalam ACS

A-0474

147 Arifur Rahman ACS

A-0445

182 Mohammad Shafiqul Islam Bhuiyan ACS

A-0476

148 Sk. Md. Sarfaraz Hossain ACS

A-0437

183 Sk. Towhedur Rahman ACS

A-0477

149 Md. Mokaddess Ali ACS

A-0446

184 Kazi Mohammad Tanvir ACS

A-0478

150 Mahbub Alam ACS

A-0049

185 Mir Shariful Bashar ACS

A-0479

151 A. B. M. Lutful Karim ACS

A-0447

186 Mohammad Golam Kibria ACS

A-0480

152 Md. Ayinuddin ACS

A-0448

187 Shahriar Molla ACS

A-0481

153 Md. Moin Uddin ACS

A-0450

188 Md. Mohsin Reza Khan ACS

A-0482

154 Mohammed Jasim Uddin ACS

A-0451

189 Md. Abdur Rahman ACS

A-0483

155 Rajan Kumer Saha ACS

A-0452

190 Mohammad Mahbubur Rahman ACS

A-0484

156 Md. Nuruddin Jongi ACS

A-0453

191 Sanjib Baran Roy ACS

A-0485

157 Md. Abdul Alim Khan ACS

A-0454

192 Md. Saiful Islam ACS

A-0486

158 Sharif Dilnewaz Hossain ACS

A-0455

193 Mohammad Zaman ACS

A-0487

159 Md. Jasim Uddin ACS

A-0456

194 Md. Alauddin Shibly ACS

A-0488

160 Shahedul Azam ACS

A-0457

195 S M Shariful Islam ACS

A-0489

161 Md. Enamul Haq ACS

A-0458

196 Md. Nurul Alam ACS

A-0490

162 Md. Shahidur Rahman ACS

A-0459

197 Md. Anwar Hossain ACS

A-0491

163 Md. Kawsar Habib ACS

A-0460

198 Md. Shahinur Kabir ACS

A-0492

164 Md. Hayder Harun-ur-Rashid Khan ACS

A-0461

199 Md. Raziur Rahman ACS

A-0493

165 Anindya Sarker ACS

A-0303

200 Md. Aminul Islam ACS

A-0494

166 Mohammad Sarwar Jahan Tarafder ACS

A-0209

201 Benoy Paul ACS

A-0495

167 Md. Rafiqul Islam Khan ACS

A-0287

202 Mohammad Salah Uddin ACS

A-0496

168 Munshi Abu Naim ACS

A-0462

203 Mohammad Ariful Islam ACS

A-0497

169 Md. Atikul Islam ACS

A-0463

204 Md. Kamrul Hasan Chowdhury ACS

A-0498

170 Md. Yeasin Ahmed ACS

A-0464

205 Md. Arif Uddin ACS

A-0499

171 Syed Mahmud Hasan ACS

A-0465

206 Md. Firog Ahmed ACS

A-0500

172 Md. Atiar Rahman ACS

A-0466

207 Sajal Kumar Bala ACS

A-0501

173 Md. Sahabuddin ACS

A-0467

208 Mohammad Salah Uddin ACS

A-0502

174 Mohammed Shakawat Hossain ACS

A-0468

209 Kazi Mazbah Uddin ACS

A-0503

175 Syed Abu Taher ACS

A-0469

210 Md. Shahzahan Kabir ACS

A-0504

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

37


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on July 31, 2018

Council Members

Institute of Chartered Secretaries of Bangladesh (ICSB)

Syed Moniruzzaman FCS

F-0141

01

Mohammad Sanaullah FCS

F-0004

24

S. M. Hedaitul Islam FCS

F-0143

02

Mohammad Nurul Alam FCS

F-0095

25

J.Q. M. Habibullah FCS

F-0129

03

Md. Azizur Rahman FCS

F-0063

26

Masih Malik Chowdhury FCS

F-0031

04

Mohammad Asad Ullah FCS

F-0025

27

Sheema Abed Rahman FCS

F-0064

05

A.T.M. Tahmiduzzaman ACS

F-0156

28

M. Shafiqul Alam FCS

F-0076

06

Mohammad Bul Hassan FCS

F-0113

29

Mansur Alam FCS

F-0040

07

Itrat Husain FCS

F-0009

30

Md. Rafiqul Islam FCS

F-0028

08

M. Naseemul Hye FCS

F-0056

31

Mohammad Shafquat Zubair FCS

F-0122

09

Md. Shahid Farooqui FCS

F-0037

32

Md. Nazrul Islam FCS

F-0154

10

Md. Selim Reza FCS

F-0067

33

Mokammel Hoque FCS

F-0178

11

Hossain Sadat FCS

F-0105

34

S.M. Mahabub Islam FCS

F-0157

12

Salim Ahmed FCS

F-0119

35

Mohammed Mashir Alam FCS

F-0077

13

Nanda Gopal Chakraborty FCS

F-0013

36

Sheikh Khaled Zahir FCS

F-0155

14

Md. Monirul Alam FCS

F-0069

37

Mohamamd Monirul Islam FCS

F-0159

15

Nazmul Karim FCS

F-0085

38

Santanu Saha FCS

F-0161

16

Gopal Chandra Debnath FCS

F-0114

39

Md. Mizanur Rahman FCS

F-0166

40

Mohammad Ruhan Miah FCS

F-0165

Fellow Members

38

23

41

Md. Abedur Rahman FCS

F-0164

01

Mintu Kumar Das FCS

F-0153

42

Md. Mizanur Rahman FCS

F-0167

02

Jashim Uddin FCS

F-0123

43

Md. Zasim Uddin FCS

F-0163

03

Md. Abdul Haque Sarder FCS

F-0093

44

Mohammad Zubair Uddin Bhuiyan FCS

F-0162

04

Mohammad Obaydur Rahman FCS

F-0109

45

Lorens Shamol Mollick FCS

F-0168

05

A.K.M. Haruner Rashid FCS

F-0102

46

Md. Sarwar Kamal FCS

F-0169

06

Saiful Alam FCS

F-0158

47

Shahjahan Kabir FCS

F-0170

07

Md. Siddiqur Rahman FCS

F-0006

48

Md. Arif Hossain FCS

F-0171

08

A.F.M. Nazrul Islam FCS

F-0172

49

Khalid Mohommad Sharif FCS

F-0173

09

Kazi Atiqur Rahman FCS

F-0108

50

Md. Saiful Islam Chowdhury FCS

F-0174

10

Muhammed Abul Hashem FCS

F-0011

51

Muhammad Rajibul Hasan FCS

F-0175

11

Shaikh Mohammadullah FCS

F-0049

52

Md. Humayun Kabir FCS

F-0177

12

A. K. M. Kamrul Islam FCS

F-0050

53

Mohammad Asadur Rahman FCS

F-0176

13

Nur-e-Alam FCS

F-0116

54

Md. Rafiqul Islam FCS

F-0179

14

A. K. M. Abu Ashraf FCS

F-0107

55

Dr. Saleh Ahmed Bhuiyan FCS

F-0045

15

Md. Munirul Hoque FCS

F-0160

56

Md. Riajul Hoque Sikder FCS

F-0180

16

Manzurul Ahsan FCS

F-0118

57

Md. Mizanur Rahman FCS

F-0182

17

Md. Zahangir Alam Manik FCS

F-0148

58

Swapan Kumar Chakraborty FCS

F-0193

18

Prof. Dr. Feroz Iqbal Faruque FCS

F-0030

59

Md. Shahidul Islam FCS

F-0184

19

S. Abdur Rashid FCS

F-0104

60

Mohammed Ashfaqul Hoque FCS

F-0185

20

Mohammad Ali Bostame FCS

F-0145

61

Hossain Ahmed Bhuiyan FCS

F-0181

21

Dipankar Chandra Ghosh FCS

F-0147

62

Jayanta Kumar Podder FCS

F-0183

22

Muhammad Shahidul Islam FCS

F-0142

63

Md. Abu Sukkur FCS

F-0186


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund

64

Masudur Rahman Bhuiyan FCS

F-0187

16

Mohammad Harun -Ar-Rashid ACS

A-0318

65

Mahbub Iqbal Morshed FCS

F-0192

17

Md. Muniruzzaman ACS

A-0319

66

Uttam Kumar Saha FCS

F-0188

18

Mohammad Shahidul Islam ACS

A-0320

67

Md. Saiful Islam FCS

F-0189

19

AKM Rashidul Hasan ACS

A-032 1

68

Md. Shafiqur Rahman FCS

F-0190

20

Arif Abdul Towab ACS

A-0322

69

Mohammad Iqbal Chowdhury FCS

F-0191

21

Md. Atiqur Rahman ACS

A-0323

70

Darul Awam Tuhin FCS

F-0196

22

Sunita Barua ACS

A-0326

71

Mohammad Jafar Ali FCS

F-0197

23

Mohammad Asaduzzaman ACS

A-0324

72

Tauhidul Islam FCS

F-0195

24

Prodip Lal Bhowmick ACS

A-0325

73

Md. Abdus Salam Khan FCS

F-0060

25

Mohammad Emarot Hossain ACS

A-0336

74

Muzaffar Ahmed FCS

F-0001

26

Mahamudhul Hasan ACS

A-0327

75

Swadesh Ranjan Saha FCS

F-0047

27

Muhammad Shamsul Islam ACS

A-0328

76

Md. Mushtaque Ahmed FCS

F-0014

28

Shahadat Hossain Chowdhury FCS

F-0203

77

Rajib Saha FCS

F-0198

29

Muhammad Anowarul Kibria ACS

A-0329

78

A F Nesar Uddin FCS

F-0042

30

Khandokar Taslima Rahman ACS

A-0342

79

Md. Kamrul Hasan FCS

F-0199

31

Shariar Al Mamun ACS

A-0335

80

Jasmin Akter FCS

F-0200

32

Md. Asraful Islam ACS

A-0309

81

Md. Monirul Islam Khan FCS

F-0201

33

Khandker Abu Jafar Sadique ACS

A-0341

82

Abdulla -Al -Mahmud FCS

F-0111

34

Babul Meah ACS

A-0338

83

Md. Mozharul Islam FCS

F-0124

35

Ummey Tahera Sultana ACS

A-0337

84

Mohammad Mahtab Uddin FCS

F-0205

36

Md. Mehadi Hasan Mazumder ACS

A-0343

85

A. S. M. Sayem FCS

F-0206

37

Md. Shamibur Rahman ACS

A-0344

86

Masuda Sultana FCS

F-0207

38

Dr. Md. Rashedul Azim ACS

A-0345

87

Sayed Amimul Ihsan FCS

F-0208

39

Malik Muntasir Reza ACS

A-0346

40

Uttam Kumar Dey ACS

A-0347

41

Bimol Chandra Roy ACS

A-0348

Associate Members 01

Muhammmad Aminur Rahman FCS

F-0204

42

Santanu Saha ACS

A-0014

02

Mohammad Ashrafuddin Chowdhury ACS

A-0290

43

Nayamul Hoque ACS

A-0349

03

Syed Mohammad Nasim ACS

A-0273

44

Santush Chandra Sarker ACS

A-0350

04

Md. Safir Uddin ACS

A-0009

45

Md. Mijanur Rahman ACS

A-0351

05

Mohammad Khasru Noman ACS

A-0261

46

Forhad Hossain Khandaker ACS

A-0352

06

Md. Shahidul Islam FCS

F-0194

47

Md. Ismail Hossain ACS

A-0353

07

Khondakar Nasir Uddin Mahmud ACS

A-0296

48

F R M Rashedul Hasan ACS

A-0354

08

Mokeshudey Alahi Mazumder ACS

A-0306

49

Quazi Sabnam ACS

A-0356

09

Mohummod Tareq Hosen Mozumder ACS

A-0314

50

Asadullah Mahmud ACS

A-0355

10

Sushanta Kumar Paul ACS

A-0170

51

Md. Mamunur Rashid ACS

A-0357

11

Md. Sharif Hasan ACS

A-0312

52

Mohammad Jaman Khan ACS

A-0358

12

Md. Zillur Rahman FCS

F-0202

53

Mohammad Kamruzzaman ACS

A-0359

13

Mohammad Firoz Khan ACS

A-0299

54

Krishna Kumar Sarma ACS

A-0361

14

Muhammad Abu Bakar Siddique ACS

A-0304

55

Md. Jamilur Rahman ACS

A-0362

15

Md. Jaker Rahmatullah ACS

A-0301

56

Md. Warisur Rahman ACS

A-0363

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

39


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

40

57

Mahmud Hossan Belali ACS

A-0364

98

Al Helal Md. Moudud Ahammed ACS

A-0406

58

Md. Abdul Aziz ACS

A-0365

99

Mohammad Samsul Haque ACS

A-0407

59

Tofael Ahmed Mazumder ACS

A-0366

100 Anupom Kumer Ghosh ACS

A-0408

60

Md. Obaidur Rahman ACS

A-0367

101 Mohammad Mosaddaque ACS

A-0409

61

Kazi Hasan Mahamud ACS

A-0368

102 Md. Ahmadul Haque ACS

A-0410

62

Md. Jaber Parvez ACS

A-0369

103 Md. Alam Sarder ACS

A-0411

63

Md. Nazrul Islam Chowdhury ACS

A-0370

104 Mithun Chandra Singha ACS

A-0412

64

Hasan Tarek ACS

A-0371

105 Ripon Chandra Mazumder ACS

A-0413

65

Nasir Uddin ACS

A-0372

106 Md. Moshihor Rahman ACS

A-0414

66

Md. Rakibul Hasan ACS

A-0373

107 Md. Israil Hossain ACS

A-0415

67

Imam Hossan ACS

A-0374

108 Md. Zahirul Islam ACS

A-0416

68

Abu Jafar Ali ACS

A-0375

109 Khalilur Rahman ACS

A-0417

69

Zannat Afza Usha ACS

A-0376

110 Bibuti Bhusan Sarker ACS

A-0418

70

Mohammad Mostafa Hossain Suman ACS

A-0377

111 Md. ShaďŹ qul Alam ACS

A-0419

71

M. M. Sajedul Islam ACS

A-0378

112 Md. Salahuddin ACS

A-0420

72

Md. Hamidul Islam ACS

A-0379

113 Chandan Kumar Kundu ACS

A-0421

73

Md. Mamun Or Rosid ACS

A-0380

114 Tahmina Hossain ACS

A-0422

74

Md. Zillur Rahman ACS

A-0381

115 Amit Kurmar Dey ACS

A-0423

75

Mahbub -ul- Anam Khan ACS

A-0382

116 Riajur Reza Mohammad Faisal ACS

A-0424

76

Aminul Islam ACS

A-0383

117 Md. Tahidul Amin Mojumder ACS

A-0425

77

Mohiuddin Siqqique ACS

A-0384

118 Dhijen Barua ACS

A-0426

78

Mohammed Ashraful Anowar ACS

A-0385

119 S M Rubay et Hossain ACS

A-0427

79

Md. Mustafa Kamal ACS

A-0386

120 Sarwar Hossain Siddiqi ACS

A-0428

80

Mohammed Saifullah ACS

A-0360

121 Gias Uddin ACS

A-0429

81

Md. Asad Hossen ACS

A-0387

122 Abul Fazal Mohamed Rubayat ACS

A-0430

82

Md. Golam Rabbani Akondo Rocky ACS

A-0388

123 Md. Mohibul Alam ACS

A-0431

83

Md. Atiqul Islam ACS

A-0389

124 Md. Selim Parvez ACS

A-0394

84

Md. Enayet Rabbani Chowdhury ACS

A-0390

125 Md. Ramzan Hossain ACS

A-0432

85

Mohammad Zafar Ullah ACS

A-0391

126 S. M. Nooruzzaman ACS

A-0433

86

Hadisul Alam ACS

A-0392

127 Al -Mamun ACS

A-0434

87

Md. Jahangir Alam ACS

A-0395

128 Monirul Islam ACS

A-0435

88

Md. Delowar Hossain ACS

A-0396

129 Mohammad Mohibur Rahaman ACS

A-0436

89

Rashed Mahmud Bhuiyan ACS

A-0397

130 Farjana Haque ACS

A-0393

90

Md. Abu Musa ACS

A-0398

131 Sanjit Kumar Saha ACS

A-0438

91

Shyamal Chandra Nath ACS

A-0399

132 Rajib Kumar Ghosh ACS

A-0439 A-0440

92

Md. Alauddin ACS

A-0400

133 Jahanara Eva ACS

93

Farzana Kashem ACS

A-0401

134 Mohammed Showket Iqbal ACS

A-0441

94

Mohammad Mahfuz Alam ACS

A-0402

135 Raihan Abu Jafar ACS

A-0442

95

Md. Omar Faruque ACS

A-0403

136 Md. Einul Haque ACS

A-0443

96

Abu Syed Md. Nahid ACS

A-0404

137 Md. Shahedul Amin ACS

A-0444

97

Faruk Mia ACS

A-0405

138 Arifur Rahman ACS

A-0445


Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund

139 Sk. Md. Sarfaraz Hossain ACS

A-0437

172 Mohammad Shafiqul Islam Bhuiyan ACS

A-0476

140 Md. Mokaddess Ali ACS

A-0446

173 Sk. Towhedur Rahman ACS

A-0477

141 Mahbub Alam ACS

A-0449

174 Kazi Mohammad Tanvir ACS

A-0478

142 A. B. M. Lutful Karim ACS

A-0447

175 Mir Shariful Bashar ACS

A-0479

143 Md Ayinuddin ACS

A-0448

176 Mohammad Golam Kibria ACS

A-0480

144 Md. Moin Uddin ACS

A-0450

177 Md. Nazmul Haque ACS

A-0308

145 Mohammad Jashim Uddin ACS

A-0451

178 Shahriar Molla ACS

A-0481

146 Rajan Kumar Saha ACS

A-0452

179 Md. Mohsin Reza Khan ACS

A-0482

147 Md. Nur Uddin Jongi ACS

A-0453

180 Md. Abdur Rahman ACS

A-0483

148 Md. Abdul Alim Khan ACS

A-0454

181 Mohammad Mahbubur Rahman ACS

A-0484

149 Sharif Dilnewez Hossain A CS

A-0455

182 Sanjib Baran Roy ACS

A-0485

150 Md. Jasim Uddin ACS

A-0456

183 Md. Saiful Islam ACS

A-0486

151 Shahedul Azam ACS

A-0457

184 Mohammad Zaman ACS

A-0487

152 Md. Enamul Haq ACS

A-0458

185 Md. Alauddin Shibly ACS

A-0488

153 Md. Shahidur Rahman ACS

A-0459

186 S M Shariful Islam ACS

A-0489

154 Md. Kawsar Habib ACS

A-0460

187 Mohammad Nurul Alam ACS

A-0490

155 Md. Hayder Harun-ur-Rashid Khan ACS

A-0461

188 Md. Anwar Hossain ACS

A-0491

156 Munshi Abu Naim ACS

A-0462

189 Md. Shahinur Kabir ACS

A-0492

157 Shyamal Shikder ACS

A-0307

190 Md. Raziur Rahman ACS

A-0493

158 Md. Abu Sayeem ACS

A-0252

191 Md. Aminul Islam ACS

A-0494

159 Md. Atikul Islam ACS

A-0463

192 Benoy Paul ACS

A-0495

160 Md. Yeasin Ahmed ACS

A-0464

193 Mohammad Salah Uddin ACS

A-0496

161 Syed Mahmud Hasan ACS

A-0465

194 Mohammad Ariful Islam ACS

A-0497

162 Md. Atiar Rahman ACS

A-0466

195 Md. Kamrul Hasan Chowdhury ACS

A-0498

163 Md. Sahabuddin ACS

A-0467

196 Mohammad Sarwar Jahan Tarafder ACS

A-0209

164 Mohammed Shakawat Hossain ACS

A-0468

197 Md. Arif Uddin ACS

A-0499

165 Syed Abu Taher ACS

A-0469

198 Md. Firog Ahmed ACS

A-0500

166 Mohammed Maruf Al Hasnat ACS

A-0470

199 Sajal Kumar Bala ACS

A-0501

167 Md. Wahedul Islam ACS

A-0471

200 Mohammad Salah Uddin ACS

A-0502

168 Md. Forhad Hossain Patwary ACS

A-0472

201 Kazi Mazbah Uddin ACS

A-0503

169 Mamunur Rashid ACS

A-0473

202 Md. Shahzahan Kabir ACS

A-0504

170 Muhammad Asraful Hossian Khan ACS

A-0475

203 Md. Rafiqul Islam Khan ACS

A-0287

171 Mohammad Shahalam ACS

A-0474

Institute of Chartered Secretaries of Bangladesh (ICSB)

as on July 31, 2018

41


ANNEXTURE - I

Institute of Chartered Secretaries of Bangladesh (ICSB) COUNCIL MEETING ATTENDENCE

3rd Council (January 1, 2017 to December 31, 2017)

Institute of Chartered Secretaries of Bangladesh (ICSB)

Sl. No.

42

Name of the Council Member

Total Number of Meetings

No. of Meetings Attended

1

Mohammad Sanaullah FCS

5

5

2

Mohammad Bul Hassan FCS

5

5

3

Md. Selim Reza FCS

5

5

4

Nazmul Karim FCS

5

5

5

Mohammad Asad Ullah FCS

5

4

6

Itrat Husain FCS

5

4

7

Md. Shahid Farooqui FCS

5

4

8

Safiar Rahman FCS

5

3

9

Md. Azizur Rahman FCS

5

2

10

A.K.M Mushfiqur Rahman FCS

5

4

11

Gopal Chandra Debnath FCS

5

5

12

Md. Anwar Hossain Chowdhury FCS

5

4

13

Salim Ahmed FCS

5

5

14

Munshi Shafiul Haque, Additional Secretary, MoC, GoB

5

3

15

Md. Ekhlasur Rahman, Additional Secretary, MoF, GoB

5

0 (out of 3)

16

Mohammad Abu Faruque, Joint Secretary, MoF, GoB

5

2 (out of 2)

17

Nasreen Begum, Additional Secretary, MLJ&PA, GoB

5

5

18

Prof. Md. Helal Uddin Nizami, Commissioner, BSEC

5

0

19

Md. Mosharraf Hossain, Registrar (Additional Secretary), RJSC&F, GoB

5

5


ANNEXTURE - II

Institute of Chartered Secretaries of Bangladesh (ICSB) STANDING COMMITTEES MEETING ATTENDENCE 3rd Council (January 1, 2017 to December 31, 2017)

Executive Committee Sl. No.

B.

Name of the Members Mohammad Sanaullah FCS

5

5

2

Mohammad Bul Hassan FCS

5

4

3

Md. Selim Reza FCS

5

5

4

Nazmul Karim FCS

5

5

5

Mohammad Asad Ullah FCS

5

3

6

Munshi Shafiul Haque, Additional Secretary, MoC, GoB

5

3

Membership & Registration Committee Name of the Members

Total Number of Meetings

Attended

1

Md. Shahid Farooqui FCS

4

4

2

Mohammad Asad Ullah FCS

4

2

3

Md. Azizur Rahman FCS

4

1

4

A.K.M Mushfiqur Rahman FCS

4

3

5

Gopal Chandra Debnath FCS

4

3

6

Nasreen Begum, Additional Secretary, MLJ&PA, GoB

4

3

Education Committee Sl. No.

D.

Attended

1

Sl. No.

C.

Total Number of Meetings

Name of the Members

Total Number of Meetings

Attended

1

Safiar Rahman FCS

5

4

2

Mohammad Sanaullah FCS

5

5

3

Mohammad Bul Hassan FCS

5

5

4

Md. Selim Reza FCS

5

4

5

Md. Azizur Rahman FCS

5

1

6

Prof. Md. Helal Uddin Nizami, Commissioner, BSEC

5

0

Examination Committee Sl. No.

Name of the Members

Total Number of Meetings

Attended

1

Md. Anwar Hossain Chowdhury FCS

8

8

2

Mohammad Bul Hassan FCS

8

7

3

Itrat Husain FCS

8

1

4

Safiar Rahman FCS

8

2 (out of 2)

5

Gopal Chandra Debnath FCS

8

5 (out of 6)

6

Salim Ahmed FCS

8

8

7

Md. Mosharraf Hossain, Registrar (Additional Secretary), RJSC&F, GoB

8

5

Institute of Chartered Secretaries of Bangladesh (ICSB)

A.

43


ANNEXTURE - II

Institute of Chartered Secretaries of Bangladesh (ICSB) STANDING COMMITTEES MEETING ATTENDENCE 3rd Council (January 1, 2017 to December 31, 2017)

A.

Research & Development Committee Sl. No.

B.

Name of the Members Mohammad Asad Ullah FCS

1

1

2

Md. Selim Reza FCS

1

0

3

Nazmul Karim FCS

1

1

4

Safiar Rahman FCS

1

1

5

Md. Anwar Hossain Chowdhury FCS

1

1

6

Prof. Md. HelalUddin Nizami, Commissioner, BSEC

1

0

Disciplinary Committee Name of the Members

Institute of Chartered Secretaries of Bangladesh (ICSB)

44

Total Number of Meetings

Attended

1

A.K.M Mushfiqur Rahman FCS

0

0

2

Mohammad Sanaullah FCS

0

0

3

Nazmul Karim FCS

0

0

4

Md. Shahid Farooqui FCS

0

0

5

Salim Ahmed FCS

0

0

6

Nasreen Begum, Additional Secretary, MLJ&PA, GoB

0

0

Total Number of Meetings

Attended

Audit Committee

Sl. No.

D.

Attended

1

Sl. No.

C.

Total Number of Meetings

Name of the Members

1

Md. Azizur Rahman FCS

2

2

2

Itrat Husain FCS

2

1

3

Md. Shahid Farooqui FCS

2

0

4

A.K.M Mushfiqur Rahman FCS

2

2

5

Gopal Chandra Debnath FCS

2

2

6

Salim Ahmed FCS

2

2

Corporate Governance Committee Sl. No.

Name of the Members

Total Number of Meetings

Attended

1

Itrat Husain FCS

3

3

2

Mohammad Bul Hassan FCS

3

2

3

Md. Selim Reza FCS

3

3

4

Gopal Chandra Debnath FCS

3

3

5

Md. Anwar Hossain Chowdhury FCS

3

2

6

Md. Ekhlasur Rahman, Additional. Secretary. MoF

3

0 (out of 2)

7

Mohammad Abu Faruque, Joint Secretary, MoF, GoB

3

0 (out of 1)


With profound sorrow we report that we lost our following Members during 2017. We are deeply shocked at the sad demise of

Md. Safir Uddin ACS (A-0009) passed away on February 27, 2017 (Inna Lillahe Wa Inna Ilaihi Rajeun) at his residence. He was 71 years old.

Md. Rafiqul Islam FCS (F-0028) passed away on November 15, 2017 (Inna Lillahe Wa Inna Ilaihi Rajeun) at his residence. He was 74 years old. He was the Chairman, Election Commission of ICSB.

We have no words to console their nearest and dearest ones. We extend our deepest sympathy and sincerest condolences to the bereaved members of their families and pray to the Almighty Allah to grant them eternal peace and salvation of the departed soul and give the members of their families the strength to withstand this irreparable loss with courage and fortitude.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Muhammed Abul Khair FCS (F-0092) passed away on April 07, 2017 (Inna Lillahe Wa Inna Ilaihi Rajeun) at his residence. He was 64 years old.

45


Institute of Chartered Secretaries of Bangladesh (ICSB)

FINANCIAL STATEMENTS 2017

46


Telephone : (88 02) 8144347-52 (88 02) 8189428-29 Facsimile : (88 02) 8144353 Email : <acnbin@bangla.net> Web : www.acnabin.com

BDBL Bhaban (Level 13) 12 Kawran Bazar Commercial Area Dhaka-1215, Bangladesh

Independent Auditor's Report to the Members of

INSTITUTE OF CHARTERED SECRETARIES OF BANGLADESH (ICSB) Padma Life Tower (8th Floor), 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000

We have audited the accompanying financial statements of Institute of Chartered Secretaries of Bangladesh (ICSB), which comprise the statement of financial position as at 31 December 2017 and the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Bangladesh Financial Reporting Standards (BFRSs) and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the financial statements give a true and fair view of the financial position of Institute of Chartered Secretaries of Bangladesh (ICSB) as at 31 December 2017 and its financial performance and its cash flows for the year then ended in accordance with Bangladesh Financial Reporting Standards (BFRSs) and other applicable laws and regulations.

Dated, Dhaka 25 July 2018

Institute of Chartered Secretaries of Bangladesh (ICSB)

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Bangladesh Standards on Auditing (BSA). Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

ACNABIN Chartered Accountants

47


Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Financial Position as at 31 December 2017 Notes

Amount in BDT 31.12.2017 31.12.2016

Property & Assets Non-Current Assets Property, Plant & Equipment

04

Current Assets Cash and Cash Equivalents Accounts Receivables Advance, Deposits and Prepayments Short Term Investment (FDR)

05 06 07 08

128,335,662

128,374,544

32,668,989

32,318,428

2,734,552 1,482,903 2,273,195 26,178,339 161,004,651

3,441,626 4,603,354 2,289,745 21,983,704 160,692,973

71,506,492 71,212,028 19,500 274,964

63,997,650 63,655,929 19,500 322,221

76,519,412

82,463,568

4,448,800 72,070,612

3,281,280 79,182,288

12,978,747

14,231,754

7,320,596 558,596 2,000,000 3,099,555

6,202,110 1,111,150 2,000,000 4,918,494

161,004,651

160,692,973

Fund & Liabilities Fund and Surplus Reserve and Surplus Capital Fund Unrecognized Donation

09 10 11

Non-Current Liabilities Retirement BeneďŹ t Obligation Term Loan

12 13.1

Current Liabilities

Institute of Chartered Secretaries of Bangladesh (ICSB)

Term Loan-Current Payable Subscription Received in Advance Provision for Expenses Accounts Payable Total Fund & Liabilities

The annexed notes form an integral part of this Statement of Financial Position. For and on behalf of the Council

Kazi Md. Shamsul Alam Secretary

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

This is the Statement of Financial Position referred to in our separate report of same date.

Dated, Dhaka 25 July 2018

48

13.2 14 15 16

ACNABIN Chartered Accountants


Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Comprehensive Income for the year ended 31 December 2017 Amount in BDT

Notes

2017

2016

17 18 19 20 21 22 23 24 25 26

3,868,200 22,366,550 907,705 442,611 1,418,269 20,183,000 781,939 5,415,000 2,268,000 57,651,274

4,742,500 22,856,255 101,000 214,770 1,330,819 18,219,000 682,978 6,562,500 54,709,822

27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43

9,936,920 10,220,622 3,957,354 822,000 513,541 3,949,642 100,780 1,541,763 618,015 115,000 4,630,893 2,629,275 890,274 611,407 8,829,404 728,285 50,095,175 7,556,099 57,651,274

9,601,639 9,409,456 3,540,513 830,000 66,510 2,233,597 4,401,911 68,000 1,402,890 581,900 115,000 4,470,057 93,015 595,550 621,000 10,241,200 715,000 48,987,238 5,722,584 54,709,822

Operating Income Fees from members Fees from students Training and Workshop Publication Interest on short term investment (FDR) Government grant Other income National Award for Corporate Governance Excellence 20th Anniversary Celebration of ICSB National Convention and Convocation

Salary and allowances OfďŹ ce rent Education Meeting attendance fees Training and Workshop National Convention and Convocation National Award for Corporate Governance Excellence Legal and professional fees Examination Publication Audit fees General & administrative 20th Anniversary Celebration of ICSB Workshop & seminar International relations Write-off Interest-Term Loan (Annexure-D) Depreciation (Annexure-A) Excess of Income over Expenditure

The annexed notes form an integral part of this Statement of Comprehensive Income. For and on behalf of the Council

Kazi Md. Shamsul Alam Secretary

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

This is the Statement of Comprehensive Income referred to in our separate report of same date. Dated, Dhaka 25 July 2018

Institute of Chartered Secretaries of Bangladesh (ICSB)

Operating Expenditure

ACNABIN Chartered Accountants

49


Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Changes in Equity for the year ended 31 December 2017 Capital Fund

Reserve and Surplus

Total Equity

Opening balance as on 01.01.2017 Excess of income over expenditure for the year

19,500 -

63,655,929 7,556,099

63,675,429 7,556,099

Closing balance as on 31.12.2017

19,500

71,212,028

71,231,528

Opening balance as on 01.01.2016 Excess of income over expenditure for the year Closing balance as on 31.12.2016

19,500 19,500

57,933,345 5,722,584 63,655,929

57,952,845 5,722,584 63,675,429

For and on behalf of the Council

Kazi Md. Shamsul Alam Secretary

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

This is the Statement of Changes in Equity referred to in our separate report of same date.

Institute of Chartered Secretaries of Bangladesh (ICSB)

Dated, Dhaka 25 July 2018

50

ACNABIN Chartered Accountants


Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Cash Flows for the year ended 31 December 2017 Amount in BDT 2017

2016

A. Cash Flows from Operating Activities Cash received from members, students, government and other sources Cash paid to suppliers and employees Net Cash Flows from Operating Activities (A)

45,527,314 37,029,753 8,497,561

45,021,324 37,767,577 7,253,746

(689,403) (1,194,636) (1,884,039)

(350,470) (1,211,483) 1,497,000 (64,953)

(7,320,596) (7,320,596)

(6,287,661) 212,000 (6,075,661)

(707,074) 3,441,626 2,734,552

1,113,132 2,328,494 3,441,626

B. Cash Flows from Investing Activities Acquisition of property, plant & equipment FDR investment (Including reinvested interest) Encashment of FDR investment Net Cash used in Investment Activities (B) C. Cash Flows from Financing Activities Term loan Receipt of donation Net Cash Flows from Financing Activities (C) D Net Increase (Decrease) in Cash & Cash Equivalents (A+B+C) E Cash and cash equivalent at the beginning of the year F Cash and Cash Equivalents at the End of the year (D-E)

For and on behalf of the Council

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

This is the Statement of Cash Flows referred to in our separate report of same date.

Dated, Dhaka 25 July 2018

ACNABIN Chartered Accountants

Institute of Chartered Secretaries of Bangladesh (ICSB)

Kazi Md. Shamsul Alam Secretary

51


Institute of Chartered Secretaries of Bangladesh (ICSB)

Notes to the Financial Statements for the year ended 31 December 2017 1

About the Institute Institute of Chartered Secretaries of Bangladesh (ICSB), established under an Act of Parliament i.e. Chartered Secretaries Act, 2010, is the only recognized professional body in Bangladesh to develop, promote and regulate the profession of Chartered / Company Secretaries in Bangladesh. The Institute was initially established under a license from the Ministry of Commerce in 1997 as the Institute of Chartered Secretaries and Managers of Bangladesh (ICMAB) and subsequently converted to Institute of Chartered Secretaries of Bangladesh (ICSB). The Institute is a full member of Corporate Secretaries International Association (CSIA), Hong Kong with effect from 17 April 2012.

2

Nature of Activities The main activities of the Institute is to develop, promote and regulate the profession of Chartered Secretaries in Bangladesh and confer professional degree in Chartered Secretary, imparting requisite training and education and then to offer membership of the institute to the deserving candidates, and to enforce strict discipline for exercising control over the conduct of members and students to uphold and regulate the profession by professional ethics and discipline.

2.1

Management of the Institute The overall affairs of the Institute are run by a Council consisting of 18 (Eighteen) members out of which thirteen are elected and five are nominated by Government. The tenure of the Council is for three years and the President is the head of the Council.

2.2

Member of the Institute The Fellow and Associate Members of the Institute up to 31 December 2017 were 184 (One hundred and Eighty Four and 275 (Two hundred and Seventy Five) respectively totaling 459 (Four hundred and Fifty Nine) excluding 8 (Eight) Honorary Fellow Members.

2.3

Statement of Compliance

Institute of Chartered Secretaries of Bangladesh (ICSB)

The financial statements of the Institute are prepared in compliance witha) Bangladesh Financial Reporting Standards (BFRSs); b) Chartered Secretaries Act, 2010; c) Chartered Secretaries Regulations, 2011; and d) Other laws and rules applicable in Bangladesh. 3

Significant Accounting Policies and Bases of Financial Statements Preparation

3.1

Components of Financial Statements The Financial Statements referred to here are consisted of: a) Statement of Financial Position; b) Statement of Comprehensive Income; c) Statement of Changes in Equity; d) Statement of Cash Flows; and e) Notes to the Financial Statements.

3.2

Statement of Cash Flows Statement of Cash Flows is prepared in accordance with the Bangladesh Accounting Standard-7 "Statement of Cash Flows" applying indirect method.

3.3

Reporting Period These financial statements cover one calendar year from 1 January to 31 December 2017.

3.4

Property, Plant and Equipment (PPE) All property, plant and equipment are stated at cost less accumulated depreciation as per BAS-16 "Property, Plant and Equipment". The cost of acquisition of an asset comprises its purchase price and any directly attributable cost of bringing the asset to its working condition for its intended use inclusive of inward freight, duties and non-refundable taxes.

52


3.4.1 Depreciation Policy Depreciation has been charged on assets using reducing balance method according to respective percentage. Full year depreciation is charged on assets irrespective of the date of acquisition. On disposal of fixed assets, the cost and accumulated depreciation are eliminated from the PPE and gain or loss on such disposal is reflected in the income statement, which is determined with reference to the net book value of the assets and net sale proceeds. The rates of depreciation are as under: Rate Furniture & fixture 10% Library books 15% Computer and office equipment 15% 3.5

Provident Fund The provision of Contributory Provident Fund for the employees of the Institute was approved by the Council effective from July 2006 at the subscription rate of 10% of the basic salary. The Institute also contributes same amount to the Provident Fund.

3.6

Gratuity Fund The institute has a gratuity scheme (unfunded) which coveres all its permanent employees who meet eligibility requirements. The amount charged to income statement represents the Institutes annual obligation under the scheme.

3.7

Interest on Short Term Investment (FDR) Interest on short term investment (FDR) is recognized and recorded on accrual basis and the net interest income realized against each FDR on maturity date is automatically reinvested with that respective FDR. The accrual interest that is unrealized are recorded as interest receivable.

3.8

Advance, Deposits and Prepayments Advances are initially measured at cost. After initial recognition, advances are carried at cost less deductions, adjustments or charges to other account heads. Deposits are measured at payment value. Prepayments are initially measured at cost. After initial recognition, prepayments are carried at cost less charges to income statement.

3.9

Provisions All provisions are recognized on the financial statement date if, as a result of past events, the Institute has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation.

3.10

Cash and Cash Equivalents Cash and cash equivalents comprise cash in hand and cash at bank, which are held and available for use by the Institute without any restriction and are readily convertible to a known amount of cash and that are subject to an insignificant risk of change in value.

3.11

Income Recognition As per BAS-18 “Revenue” - Revenue is to be recognized when it is probable that the future economic benefits associated with the transaction will flow to the organization and the amount of revenue and related cost can be measured reliably. All the revenues of the Institute are recognized as per this standard except income arisen from 'fees from student' which is recognized on cash basis. ii) Other Income All other income is recognized when the Institute's right to receive such income has been reasonably determined and all conditions precedent are satisfied.

3.12

Government Grants Government Grant is recognized in accordance with BAS-20 "Accounting for government Grants and Disclosure of Government Assistance" which recognizes grant only when there is reasonable assurance that (a) the enterprise will comply with any conditions attached to the grant and (b) the grant will be received. The grant has been recognized as income over the period necessary to match them with the related costs, for which they are intended to compensate, on a systematic basis, and should not to be credited directly to equity.

3.13

Institute of Chartered Secretaries of Bangladesh (ICSB)

i) Operating Income

General a) All figures have been rounded off to the nearest Taka. b) Previous year's figures and head of accounts in the financial statements have been re-arranged and restated to confirm to current year's presentation wherever necessary.

53


Amount in BDT 31.12.2017 31.12.2016 4.0

Property, Plant & Equipment Total value of assets at cost (a) Opening balance at cost Add: Purchase during the year Less: Disposal during the year Less: Accumulated depreciation (b) Opening balance Depreciation charged during the year Written Down Value (WDV) (a-b)

133,224,137 132,534,734 689,403 -

132,534,734 132,184,264 350,470 -

4,888,475 4,160,190 728,285

4,160,190 3,445,190 715,000

128,335,662

128,374,544

17,978 2,716,574 2,734,552

9,076 3,432,550 3,441,626

388,030 2,160,372 30,381 137,791 2,716,574

796,155 2,485,884 30,651 119,861 3,432,550

93,000 73,444 323,363 75,000 918,096 1,482,903

39,000 20,000 317,584 50,000 4,166,770 10,000 4,603,354

40,000 2,144,295 500 13,200 55,200 20,000 2,273,195

40,000 2,144,295 500 13,200 55,200 36,550 2,289,745

21,983,703 3,000,000 1,194,636 26,178,339

22,269,221 1,211,483 (1,497,000) 21,983,703

N.B: Details are given in Annexure-A 5.0

Cash and Cash Equivalents Cash in hand Cash at banks

5.1

5.1

Cash at Banks (A/c No.) Eastern Bank Ltd.(57356) South East Bank Ltd.(087) Janata Bank Ltd.(528) Dutch-Bangla Bank Ltd. (2412) Dutch-Bangla Bank Ltd. (2546)

6.0

Accounts Receivables Membership subscription * Journal & Members Dirctory advertisements FDR interest * Annual practicing fee CGE Award & National Convention (Sponsorship & Advt.) Training on Customs & VAT

Institute of Chartered Secretaries of Bangladesh (ICSB)

* Details of Membership subscription are given in Annexure-B * Details of FDR interest receivable are given in Annexure-F 7.0

Advance, Deposits & Prepayments Software installation (Hisoft Ltd.) Security deposit for ofďŹ ce rent Security deposit for GPO Security deposit for telephone Elite Security Services Ltd Advance Payment for expneses (Picnic)

8.0

Short Term Investment (FDR) Opening balance Add: Investment made during the year Net interest reinvested during the year Less: Encashment during the year Details are given in Annexure-C

54


Amount in BDT 31.12.2017 31.12.2016 9.0

Reserve and Surplus Balance at the beginning of the year Add : Excess of income over expenditure for the year

10.0 Capital Fund Members' Name 1.Muzaffar Ahmed FCS 2.(Late) M. S. Alam Mia FCS 3.A. K. A. Muqtadir FCS 4.Mohammad Sanaullah FCS 5.Md. Zahangir Alam FCS 6.Md. Siddiqur Rahman FCS 7.Md. Saiduzzaman FCS 8.Md. Yeamin Hossain FCS 9.Itrat Husain FCS 10.Sultan-ul-Abedine Molla FCS 11.Muhammed Abul Hashem FCS 12.(Late) Md. Anwarul Afzal FCS 13. Nanda Gopal Chakraborty FCS

Membership No. F - 0001 F - 0002 F - 0003 F - 0004 F - 0005 F - 0006 F - 0007 F - 0008 F - 0009 F - 0010 F - 0011 F - 0012 F -0013

63,655,929 7,556,099 71,212,028

57,933,345 5,722,584 63,655,929

1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 19,500

1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 19,500

11.0 Unrecognized Donation Opening balance Add: Donation-OfďŹ ce Equipment Less: Donation realized against donated assets * * Details are given in Annexure-G 12.0 Retirement Benefit Obligation Gratuity fund 12.1

12.1

Gratuity Fund Opening balance Less: paid during the year Add: Provision made during the year

322,221 47,257 274,964

165,677 212,000 55,456 322,221

4,448,800 4,448,800

3,281,280 3,281,280

3,281,280 1,167,520 4,448,800

3,228,000 (485,200) 538,480 3,281,280

85,384,398

90,675,419

8,829,404 8,829,404 6,418,860 78,965,538

10,241,200 10,240,736 5,291,485 85,384,398

78,965,538 7,320,596 72,070,612

85,384,398 6,202,110 79,182,288

7,320,596 7,320,596

6,202,110 6,202,110

13.0 Term Loan DBBL term loan

13.1

Add: Interest charged during the year Less: Interest paid during the year Less: Installment (Principal) Details are given in Annexure-D 13.1

Term Loan-Non Current Liability Balance as at 01.01.2017 Less: Principal Payable at following year

13.2

Term Loan-Current Payable Principal Payable

13 13.2

Institute of Chartered Secretaries of Bangladesh (ICSB)

Contributions received from 13 Founding members @Tk. 1,500 per member have been capitalized.

*Details are given in Annexure-E

55


Amount in BDT

14.0

Subscription Received in Advance Member subscription Tuition fee Members Group Insurance Premium Members Benevolent Fund Training programme

15.0

Provision for Expenses Provision for Legal expense

16.0

Accounts Payable Coaching class allowances Tax deduction at source Audit fee Communication Utilities Journal publication Staff Salary & Wages OfďŹ ce Rent Coaching class lecturers fees Term Loan Interest payable Website Development Group Insurance Premium National convention Convocation Corporate Governance Excellence (CGE) Award Capital Market Expo

31.12.2017

31.12.2016

47,000 2,050 15,546 420,000 74,000 558,596

69,300 29,275 41,575 945,000 26,000 1,111,150

2,000,000 2,000,000

2,000,000 2,000,000

15,730 13,160 115,000 11,367 48,723 120,515 56,925 892,277 1,544,500 271,358 10,000 3,099,555

23,190 4,500 115,000 8,488 41,143 243,200 306,626 811,160 1,189,600 339,165 282,525 665,450 159,600 710,455 18,392 4,918,494

Amount in BDT 2017 17.0

2016

Fees from Members Members' admission Members' subscription Membership form sale Fine against subscription Annual practicing fee Development Charge Admission fees for Private Practice

Anx-H

602,000 2,530,000 7,200 49,000 175,000 505,000 3,868,200

1,000,000 2,390,500 9,500 100,000 175,000 1,017,500 50,0004,742,500

Institute of Chartered Secretaries of Bangladesh (ICSB)

Note : In 2016, 79 Associate Members and 10 Fellow Members were admited but in the year 2017, 34 Associate Members and 18 Fellow Members were admited and accordingly received Members' Admission fees and Development Charge.

56

18.0

Fees from Students Admission Coaching/Tuition Fine Registration renewal Examination Admission form Examination form CertiďŹ cate /Transcript Session charge Development Charge Entry fees Exemption fees

18.1

Examination July to December 2016 (Received in January 2017) January to June July to December

18.1

1,060,620 9,270,600 140,700 37,440 7,435,650 469,575 86,800 23,000 1,829,165 1,903,000 80,000 30,000 22,366,550

658,905 10,581,100 180,750 53,040 7,327,260 319,100 83,600 24,000 1,743,300 1,801,500 81,000 2,700 22,856,255

186,750 3,955,650 3,293,250 7,435,650

34,750 3,639,850 3,652,660 7,327,260


20.0 Publication Journal advertisement Members' Directory advertisement Sale of journal 21.0 Interest on short term investment (FDR) Interest on FDR Less: Receivable for last year Add: Interest receivable on FDR during the period * * Details are given in Annexure-F 22.0 Government Grant January to March (1st Installment) April to June (2nd Installment) July to September (3rd Installment) October to December (4th Installment) 23.0 Other Income Bank interest Donation realised as income Annual Picnic Nomination form sales Donation for winter affected people 24.0 National Award for Corporate Governance Excellence Delegate Fees Sponsorship Advertisement 25.0 National Convention and Convocation Delegate fees Sponsorship Advertisement Convocation 26.0 20th Anniversary Celebration of ICSB Delegate fees Sponsorship Advertisement 27.0 Salary & Allowances Salaries Festival bonus Gratuity 28.0 Office Rent Padma Life Tower

2016

907,705 500,005 138,000 169,200 100,500 907,705

101,000 101,000 101,000

269,888 49,800 122,923 442,611

100,987 54,000 59,783 214,770

1,412,490 317,584 323,363 1,418,269

1,429,887 416,652 317,584 1,330,819

4,875,000 4,875,000 5,217,000 5,216,000 20,183,000

3,125,000 5,344,000 4,875,000 4,875,000 18,219,000

76,532 47,257 658,150 781,939

119,022 55,456 500,000 8,500 682,978

200,000 3,800,000 1,415,000 5,415,000

-

-

272,500 4,000,000 1,340,000 950,000 6,562,500

243,000 985,000 1,040,000 2,268,000

-

7,883,492 885,908 1,167,520 9,936,920

8,358,629 704,530 538,480 9,601,639

10,220,622 10,220,622

9,409,456 9,409,456

Institute of Chartered Secretaries of Bangladesh (ICSB)

19.0 Training and Workshop Training on : Company Secretarial Practice Internal Audit and Control Environment Mgt. of Provident Fund Standadization of Annual Reports Customs and VAT Management

Amount in BDT 2017

57


Amount in BDT 2017

2016

637,391 175,350 2,743,300 362,541 38,772 3,957,354

699,572 177,170 2,406,400 217,590 39,781 3,540,513

284,921 352,470 637,391

326,117 252,400 121,055 699,572

216,000 260,000 346,000 822,000

417,000 280,000 133,000 830,000

513,541 284,174 89,042 74,001 66,324 513,541

66,510 66,510 66,510

-

2,026,657 206,940 2,233,597

3,949,642 3,949,642

4,401,911 4,401,911

80,000 20,780 100,780

60,000 8,000 68,000

675,590 699,575 70,768 62,450 33,380 1,541,763

681,596 650,132 9,812 61,350 1,402,890

Journal publication expense Members' directory publication expense

477,215 140,800 618,015

483,900 98,000 581,900

Audit fees

115,000 115,000

115,000 115,000

29.0 Education Advertisement Coaching class allowance for Staff Coaching class lecturers fees Printing & stationery Educational promotion expenses 29.1 Advertisement July to December Session January to June Session Career Opportunity 30.0 Meeting Attendance Fees Council meeting Standing committee meeting Sub-committee meeting 31.0 Training and Workshop Training on : Company Secretarial Practice Internal Audit & Control Environment Mgt. of Provident Fund Standardization of Annual Reports Customs and VAT Management 32.0 National Convention and Convocation National convention Convocation

Institute of Chartered Secretaries of Bangladesh (ICSB)

33.0 National Award for Corporate Governance Excellence CGE Award 34.0 Legal and Professional Fees Legal fees Website development 35.0 Examination January to June July to December Admission test- January Admission test- June Admission test- December 36.0 Publication

37.0

58

29.1


38.0 General & Administrative Meeting expense Repairs & maintenance Conveyance Entertainment Utility expenses Newspaper bills OfďŹ ce expenses AGM expenses Communication expenses Anniversary celebration Bank charges Tax and excise duty on FDR interest Group Insurance Premium Recruitment expense Aftabnagar land maintenance cost 38.1 Cleaner Allowance Victory day celebration Capital Market Expo IT maintainance expenses Int'l Mother Language Day & Independence Day Celebration OfďŹ ce Crockeries Picnic expenses Blood donation program Election Expenses Members Night 38.1

Aftabnagar Land Maintenance Cost Incidental charge at district judge court and others Security Guard Allowance

39.0 20th Anniversary Celebration ICSB 20th Anniversary Celebration ICSB 40.0 Workshop & Seminar CPD programme expenses CPD Workshop 41.0 International relations CSIA Annual Membership Subscription fees 42.0 Write-Off Members' Subscription : AFM Asaduzzaman

Members' Subscription (a)

Accounts Receivable : British American Tobacco BD Ltd. Accounts Receivable(b) 43.0

Interest-Term Loan Interest during the year

F - 0039

2016

415,746 179,280 128,780 24,060 405,057 11,368 28,028 259,454 242,699 146,130 28,509 217,854 415,440 19,080 975,648 182,804 46,162 39,760 31,900 57,240 9,700 766,194 4,630,893

272,425 233,501 107,953 25,897 355,264 10,396 27,819 348,608 207,586 90,720 29,252 410,895 397,773 22,320 992,409 168,000 44,940 21,036 31,310 46,421 101,722 523,810 4,470,057

91,800 883,848 975,648

90,009 902,400 992,409

2,629,275 2,629,275

-

625,454 264,820 890,274

93,015 93,015

611,407 611,407

595,550 595,550

-

21,000 21,000

-

600,000 600,000 621,000

8,829,404 8,829,404

10,241,200 10,241,200

Institute of Chartered Secretaries of Bangladesh (ICSB)

Amount in BDT 2017

59


60

4,071,396

132,534,734

132,184,264

Total at 31 December 2017

Total at 31 December 2016

167,146

5,210,280

123,085,912

01.01.2017

Balance as at

Computer and ofďŹ ce equipment

Library books

Furniture & ďŹ xtures

Land

Category of Assets

350,470

689,403

660,803

-

28,600

-

-

-

-

-

-

-

Addition Disposal/Adj

During the year

COST Rate

132,534,734

133,224,137

4,732,199 15%

167,146 15%

5,238,880 10%

123,085,912

31.12.2017

Balance as at

During the year

DEPRECIATION

3,445,190

4,160,190

2,143,977

145,734

1,870,479

-

715,000

728,285

388,233

3,212

336,840

-

-

-

-

-

-

-

01.01.2017 Depreciation Adjustment

Balance as at

as at 31 December 2017

Schedule of Property, Plant & Equipment

Institute of Chartered Secretaries of Bangladesh (ICSB)

Institute of Chartered Secretaries of Bangladesh (ICSB)

4,160,191

4,888,475

2,532,210

148,946

2,207,319

-

31.12.2017

Balance as at

128,374,543

128,335,662

2,199,989

18,200

3,031,561

123,085,912

31.12.2017

Value as at

Written Down

Annexure-A


Annexure-B

Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Dues Annual Membership Subscription as at 31 December 2017 SL No.

Name of Member

01 Sultan-ul-Abedine Molla FCS 02 Azadur Rahman Khan FCS 03 Mashihur Rahman FCS 04 Joel Utpal Halder ACS 05 Md. Nazmul Ahsan ACS 06 Mohammad Belal Hossain ACS 07 Mohammad Hurmot Shah ACS 08 Amit Kumar Roy ACS 09 F. R. M. Rashedul Hasan ACS 10 Mohammad Kamruzzaman ACS 11 Nasir Uddin ACS 12 Md. Mustafa Kamal ACS 13 S. M. Nooruzzaman ACS 14 Md. Mohibur Rahaman ACS Total Receivable amount

Membership Current No. Year 2017 F - 0010 F - 0018 F - 0106 A - 0152 A - 0174 A - 0222 A - 0246 A - 0248 A - 0354 A - 0359 A - 0372 A - 0386 A - 0433 A - 0436

4,000 7,000 7,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 73,000

Previous Dues 2016

2015

31.12.2017

5,000 5,000 5,000 15,000

4,000 7,000 7,000 10,000 10,000 5,000 15,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 93,000

5,000

5,000

Institute of Chartered Secretaries of Bangladesh (ICSB)

Statement of Dues Annual Practicing fees as at 31 December 2017

01

Name of Member Mansur Alam FCS (F-0040)

Total Receivable amount

PPC No. 002

Current Year 2017

Previous Dues 2016

2015

25,000

25,000

25,000

25,000

25,000

25,000

31.12.2017 75,000 75,000

Institute of Chartered Secretaries of Bangladesh (ICSB)

Sl No.

61


62

Amount as at 31.12.2016

Amount as at 31.12.2017

0016-0330662852 30.03.2015 3 month 5.50%

24300000077 09.01.2015 3 month 5.50%

04 SEBL

TBL

24300000053 09.01.2015 3 month 5.50%

03 SEBL

05

24300006071 12.02.2015 3 month 5.50%

02 SEBL

a

23,000,000 21,500,000

3,000,000 21,983,703 22,269,220

-

5,000,000 5,397,189.00

5,000,000 5,503,338.00

5,000,000 5,570,299.00

d

131,478 20,283

317,522 47,861

323,765 48,751

311,778 49,266

327,947 51,693

c

3,000,000 1,412,490 217,854 - 1,429,887 218,404

3,000,000

b

1,194,636 1,211,483

111,195

269,661

275,014

262,512

276,254

e =c -d

g=(a+b+e-f)

Balance as on 31.12.2017

Annexure-C

26,178,339 21,983,703

- 3,111,195.00

- 5,666,850.00

- 5,778,352.00

- 5,832,811.00

- 5,789,131.00

1,497,000

f

Tax and Encashment Balance Investment Net Interest Gross as on During the excise during the Interest reinvested year duty year 01.01.2017

5,000,000 5,512,877.00

Opening/ Original Interest Renewal Duration FDR Rate date Amounts

24400001164 02.02.2015 6 month 6.00%

A/C #

01 SEBL

Name Sl.# of the Bank

as at 31 December 2017

Schedule of Short Term Investment (FDR)

Institute of Chartered Secretaries of Bangladesh (ICSB)

Institute of Chartered Secretaries of Bangladesh (ICSB)


Annexure-D

Institute of Chartered Secretaries of Bangladesh (ICSB)

Schedule of Term Loan (Dutch-Bangla Bank Limited) as at 31 December 2017

Particulars

Term Loan (TK)

Installment Due Date

Instalment Interest

Principal

Total Amount (TK)

Term Loan Received from DBBL 80,000,000 17th Instalment

19-Jan-17

808,771

475,683

1,284,454

18th Instalment

19-Feb-17

804,270

480,184

1,284,454

19th Instalment

19-Mar-17

722,329

562,124

1,284,453

20th Instalment

19-Apr-17

773,430

488,090

1,261,520

21st Instalment

19-May-17

758,254

503,266

1,261,520

22nd Instalment

19-Jun-17

720,733

540,787

1,261,520

23rd Instalment

19-Jul-17

708,602

538,335

1,246,937

24th Instalment

19-Aug-17

673,023

549,457

1,222,480

25th Instalment

19-Sep-17

664,637

552,755

1,217,392

26th Instalment

19-Oct-17

638,822

578,570

1,217,392

27th Instalment

19-Nov-17

655,383

562,009

1,217,392

28th Instalment

19-Dec-17

629,792

587,600

1,217,392

Total amount paid during the year

31-Dec-17

271,358 8,829,404

6,418,860

271,358 15,248,264

Institute of Chartered Secretaries of Bangladesh (ICSB)

Interest Accrued 19-Dec'17 to 31-Dec'17

63


Annexure-E

Institute of Chartered Secretaries of Bangladesh (ICSB)

Schedule of Term Loan for Current Payable (Dutch-Bangla Bank Limited) as at 31 December 2017

Particulars

Term Loan

Instalment

(TK)

Due Date

Total Amount (TK) Interest

Principal

Total Amount (TK)

Institute of Chartered Secretaries of Bangladesh (ICSB)

Term Loan Received form DBBL 80,000,000

64

1st Instalment

19-Jan-18

666,816

550,576

1,217,392

2nd Instalment

19-Feb-18

620,782

596,610

1,217,392

3rd Instalment

19-Mar-18

574,988

642,404

1,217,392

4th Instalment

19-Apr-18

631,339

586,053

1,217,392

5th Instalment

19-May-18

606,333

611,059

1,217,392

6th Instalment

19-Jun-18

621,545

595,847

1,217,392

7th Instalment

19-Jul-18

596,778

620,614

1,217,392

8th Instalment

19-Aug-18

611,594

605,798

1,217,392

9th Instalment

19-Sep-18

606,638

610,754

1,217,392

10th Instalment

19-Oct-18

601,642

615,750

1,217,392

11th Instalment

19-Nov-18

577,360

640,032

1,217,392

12th Instalment

19-Dec-18

572,293

645,099

1,217,392

Total amount payable upto 19 December 2018

7,288,108

7,320,596

14,608,704


65

SEBL

SEBL

SEBL

SEBL

TBL

01

02

03

04

05

30.09.2017

08.10.2017

08.10.2017

12.11.2017

02.08.2017

Renewal date

Institute of Chartered Secretaries of Bangladesh (ICSB)

0016-0330662852

24300000077

24300000053

24300006071

24400001164

Particulars of FDR

3 month

3 month

3 month

3 month

6 month

Tenure (Month)

3,111,195

5,666,850

5,778,352

5,832,811

5,789,131

Balance as per Bank Statement

5.50%

5.50%

5.50%

6.00%

5.75%

Int. rate

171,116

311,677

317,809

349,969

332,875

Yearly Interest (360 dayes)

as at 31 December 2017

-

28

Aug

-

30

Sep

22

22

30

Oct

Schedule of Short Term Investment (FDR)

30

26

18

30

Nov

Institute of Chartered Secretaries of Bangladesh (ICSB)

30

30

30

30

Dec

-

82

78

48

148

Total days

323,363

70,993

68,859

46,662

136,849

Proportionate Receivable Interest

Annexure-F


66 -

-

-

50,000 639,300

589,300

15%

10%

Rate (%)

317,078

288,601

28,477 47,257

45,105

2,152 -

-

-

During the year Balance as on 01.01.2017 Depreciation Adjustment

COST During the year

377,300

427,300

At 31 December 2016

50,000 212,000

212,000

-

-

639,300

589,300

50,000

Balance as on 31.12.2016

15%

10%

Rate (%)

During the year

DEPRECIATION

261,622

235,537

26,085

55,456

53,064

2,391

-

-

-

Balance as on Depreciation Adjustment 01.01.2016

as at 31 December 2016

Schedule of Donated Assets

Balance as on Disposal/ 01.01.2016 Addition Adj

Computer and office equipment

Furniture & fixtures

Category of Assets

-

Balance as on 31.12.2017

DEPRECIATION

Institute of Chartered Secretaries of Bangladesh (ICSB)

639,300

Total at 31 December 2017

50,000

589,300

Computer and office equipment

Furniture & fixtures

Category of Assets

During the year Balance as on Disposal/ 01.01.2017 Addition Adj

COST

as at 31 December 2017

Schedule of Donated Assets

Institute of Chartered Secretaries of Bangladesh (ICSB)

Institute of Chartered Secretaries of Bangladesh (ICSB)

19,371 274,965

255,594

317,078

288,601

28,477

322,221

300,699

21,523

Written Down Value Balance as on as on 31.12.2016 31.12.2016

364,335

333,706

30,629

Written Down Value Balance as on as on 31.12.2017 31.12.2017

Annexure-G


Annexure-H

Institute of Chartered Secretaries of Bangladesh (ICSB)

Contribution to the Development Fund by the Members of ICSB as at 31 December 2017 Amount in BDT

Membership No

2014

Mohammad Sanaullah FCS

F-0004

20,000

03

Salim Ahmed FCS Mohammad Nurul Alam FCS

F-0119 F-0095

10,000 20,000

04

A T M Tahmiduzzaman ACS

A-0205

Mohammad Asad Ullah FCS Mohammad Bul Hassan FCS

Sl. #

Name of the Member

2015

2016

2017

Payment Payment Mode Date

M/R No.

Council Members - Tk.20,000/01

13.08.2014 Cheque

16604

-

13.08.2014 Cash 17.08.2014 Cheque

16605 16606

20,000

-

18.08.2014 Cheque

16607

F-0025

20,000

-

26.08.2014 Cheque

16612

F-0113

20,000

-

20.10.2014 Cheque

16623

F-0009 F-0063 F-0037 F-0067 F-0069 F-0056 F-0105 F-0013 F-0085

20,000 -

-

15

Itrat Husain FCS Md. Azizur Rahman FCS Md. Shahid Farooqui FCS Md. Selim Reza FCS Md. Monirul Alam FCS M Naseemul Hye FCS Hossain Sadat FCS Nanda Gopal Chakraborty FCS Nazmul Karim FCS

20,000 20,000 20,000 20,000 20,000 20,000 20,000

16

Gopal Chandra Debnath FCS

F-0114 130,000

140,000

02

05 06 07 08 09 10 11 12 13 14

Sub-Total (Council Members)

Sl. #

Name of the Member

-

02.12.2014 26.02.2015 03.03.2015 04.04.2015 04.04.2015 04.04.2015 04.04.2015 04.04.2015 20,000 17.08.2017 -

Membership No

2014

Amount in BDT 2015 2016

Cheque SEB Cheque Cheque Cheque Cheque Cheque Cheque Cash

16632 SEB 16635 16639 16640 16642 16643 16644 21918

20,000 31.12.2017 Cheque

21168

40,000

2017

Payment Payment Mode Date

M/R No.

Fellow Members - Tk.10,000/S. Abdur Rashid FCS

F-0004

10,000

-

12.07.2014

02

Md. Mizanur Rahman FCS

F-0035

10,000

-

20.07.2014 Cheque

Cash

16601 16602

03

Akhter Matin Chaudhury FCS

F-0020

10,000

-

12.08.2014 Cheque

16463

04

Badal Chandra Rajbangshi FCS

F-0140

10,000

-

20.08.2014 Cheque

16608

05

S. M. Mahabub Islam FCS

F-0157

5,000

-

21.08.2014

Cash

SEB

06

Md. Zahangir Alam Manik FCS

F-0148

5,000

-

26.08.2014

Cash

16611

07

Nur-e-Alam FCS

F-0116

10,000

-

30.08.2014

Cash

16614

08

Shahjahan Kabir FCS

F-0170

5,000

-

04.09.2014 Cheque

16615

09

Mohammed Enamul Hye FCS

F-0058

10,000

-

16.09.2014 Cheque

16617

10

Md. Mozharul Islam FCS

F-0124

10,000

-

14.10.2014 Cheque

16618

11

Kazi Ashiqur Rahman FCS

F-0070

10,000

-

18.10.2014 Cheque

16621

12

Md. Monowar Hossain FCS

F-0150

10,000

-

19.10.2014 Cheque

17475

13

Syed Moniruzzaman FCS

F-0141

10,000

-

20.10.2014

Cash

16622

14

khandaker Habibuzzaman FCS

F-0125

10,000

-

26.10.2014

Cash

16625

15

Muhammed Abul Hashem FCS

F-0011

10,000

-

29.10.2014 Cheque

16626

16

F-0001

30,000

-

25.11.2014 Cheque

16629

17

Muzaffar Ahmed FCS A K M Haruner Rashid FCS

F-0102

10,000

-

26.11.2014 Cheque

16631

18

Mohammad Saiful Islam Chowdhury FCS

F-0174

-

5,000

05.03.2015 Cheque

16636

19

Abdulla Al Mahmud FCS

F-0111

-

10,000

04.04.2015 Cheque

20

Prof. Dr. Feroz Iqbal Faruque FCS

F-0030

-

10,000

04.04.2015

Institute of Chartered Secretaries of Bangladesh (ICSB)

01

16641 Adjusted

67


21

Mansur Alam FCS

F-0040

-

8,020

04.04.2015

Adjusted

22

Lorens Shamol Mollick FCS

F-0168

-

5,000

04.04.2015

Adjusted

23

J Q M Habibullah FCS

F-0129

-

10,000

Sadhan Chandra Das FCS

F-0043

-

10,000

18.06.2015

Adjusted

25

Mohammad Abdullah Al Mamun FCS

F-0136

-

10,000

18.06.2015

Adjusted

26

Jashim Uddin FCS

F-0123

-

10,000

18.06.2015

Adjusted

27

Oli Kamal FCS Md. Munirul Hoque FCS

F-0128 F-0160

-

10,000

18.06.2015

Adjusted

Mohammad Ruhan Miah FCS

F-0165

-

5,000

18.06.2015

Adjusted

29

-

5,000

18.06.2015

Adjusted

30

Sheikh Khaled Zahir FCS Saiful Alam FCS

F-0155 F-0158

-

10,000

14.06.2015 Cheque

17706

-

10,000

22.07.2015

Cash

17721

Mohamamd Monirul Islam FCS Md. Abedur Rahman FCS

F-0159 F-0164

-

10,000

26.07.2015

Cash

17723

Md. Zasim Uddin FCS Md. Mizanur Rahman FCS Md. Zubair Uddin Bhuiyan FCS Santanu Saha FCS Md. Mizanur Rahman FCS Md. Sarwar Kamal FCS Md. Arif Hossain FCS A F M Nazrul Islam FCS Khalid Mohammad Sharif FCS Md. Kawsar Alam FCS M. Mujibur Rahman FCS Muhammad Rajibul Hasan FCS Md. Aftab Uddin Khan FCS Md. Humayun Kabir FCS Md. Rafiqul Islam FCS

F-0163 F-0166 F-0162 F-0161 F-0167 F-0169 F-0171 F-0172 F-0173

-

5,000

04.07.2015

Cash

17718

F-0137 F-0079 F-0175 F-0052 F-0177 F-0179

-

5,000 5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49

Institute of Chartered Secretaries of Bangladesh (ICSB)

17716

24

28

68

18.06.2015 Cheque

10,000 10,000 10,000 10,000

11.07.2015 Cash 16646 14.07.2015 Cash 16647 10.08.2015 Cash 18007 23.08.2015 Cheque 17735 30.08.2015 Cash 18002 25.11.2015 Cheque 18013 06.12.2015 Cash 18019 08.12.2015 SEB 16.12.2015 SEB 26.12.2015 Adjusted 26.12.2015 Adjusted 13.01.2016 Cheque 18047 28.02.2016 Cash 18742 SEB 13.04.2016 SEB 20.04.2016

Md. Mushtaque Ahmed FCS

F-0014

10,000

17.05.2016 Cheque

18803

50

A. F. Nesaruddin FCS

F-0042

10,000

18.05.2016 Cheque

18804

51

N. K. A. Mobin FCS

F-0032

10,000

25.05.2016 Cheque

18810

52

Md. Mohashin FCS

F-0033

7,500

28.05.2016

18811

53

Mintu Kumar Das FCS

F-0153

10,000

30.05.2016 Cheque

54

Dr. Saleh Ahmed Bhuiyan FCS

F-0045

10,000

30.06.2016 Cheque

18843

55

Mohammed Ashfaqul Hoque FCS

F-0185

10,000 06.02.2017 Cheque

20754

56

Tauhidul Islam FCS

F-0195

5,000 25.02.2017 Cheque

20764

10,000 30.03.2017 Cheque

20775

57

Md. Abu Sukkur FCS

F-0186

58

Masudur Rahman Bhuiyan FCS

F-0187

5,000 29.05.2017

59

Mohammad Shahajahan FCS

F-0149

10,000 17.06.2017

60

Md. Abdul Haque Sarder FCS

F-0093

10,000 17.06.2017

61

Md. Saiful Islam FCS

F-0189

Cash

Cash

18814

20790

Adjusted

5,000 01.07.2017 Cheque

21902

62

Md. Shafiqur Rahman FCS

F-0190

5,000 09.07.2017 Cheque

21907

63

Mohammad Iqbal Chowdhury FCS

F-0191

10,000 17.07.2017 Cheque

21910

64

Uttam Kumar Saha FCS

F-0188

5,000 17.07.2017

65

Swapan Kumar Chakraborty FCS

F-0193

5,000 09.08.2017

Cash

21915

66

Md. Shahidul Islam FCS

F-0194

5,000 12.08.2017

Cash

21916

67

Mohammad Jafar Ali FCS

F-0197

5,000 11.09.2017

Cash

21920

68

Rajib Saha FCS

F-0198

5,000 04.11.2017

Cash

21927

69

Md. Kamrul Hasan FCS

F-0199

5,000 16.11.2017

Cash

21932

70

Jasmin Akter FCS Sub-Total (Fellow Members)

F-0200

5,000 18.12.2017 233,020 97,500 105,000

Cash

21155

175,000

Adjusted


A-0301

5,000

-

09.08.2014 Cheque

16603

02

Khondakar Nasir Uddin Mahmud ACS

A-0296

5,000

-

30.08.2014

Cash

16613

03

Mohammad Amran Hossain Bhuiya ACS

A-0334

5,000

-

15.10.2014

Cash

16619

04

Khandker Abu Jafar Sadique ACS

A-0341

10,000

-

18.10.2014

Cash

16620

05

Mohammad Akram Hossain FCS

F-0151

5,000

-

20.10.2014

Cash

SEB

06

Mahbub Iqbal Morshed FCS

F-0192

5,000

-

21.10.2014

Cash

07

Hossain Ahmed Bhuiyan FCS

F-0181

5,000

-

23.10.2014 Cheque

SEB 16624

08

Mohammad Ashraf Uddin Chowdhury ACS

A-0290

5,000

-

23.10.2014

SEB

SEB

09

Syed Shafayet Hossain ACS

A-0310

5,000

-

22.11.2014

Cash

17372

10

Shahadat Hossain Chowdhury FCS

F-0203

5,000

-

23.11.2014

SEB

SEB

11

Md. Robiul Islam ACS

A-0315

5,000

-

25.11.2014

Cash

16627 16628

12

Md. Salim Reza ACS

A-0313

5,000

-

25.11.2014

Cash

13 14 15 16 17 18 19 20 21 22 23 24

Mohummod Tareq Hosen Mozumder ACS Md. Asraful Islam ACS Md. Shiful Islam ACS Md. Mokammel Hoque FCS Md. Sharif Hasan ACS Mohammad Asadur Rahman FCS Sorwar Alam ACS Muhammed Moshiur Rahman ACS Md. Zillur Rahman FCS Md. Shahidul Islam FCS Gokul Chandra Biswas ACS

A-0314 A-0309 A-0293 F-0178 A-0312 F-0176 A-0223 A-0258 F-0202 F-0184 A-0128

5,000 -

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000

Cash Cash Cash Cash

5,000

25.11.2014 24.01.2015 31.03.2015 17.04.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015 07.07.2015 28.11.2015 16.05.2016

16630 17278 16638 16645 Adjusted Adjusted Adjusted Adjusted Cash 17719 Cash 18014 SEB

25

Rayhan Kamal ACS

A-0210

5,000

18.05.2016

Cash

18805

Md. Monir Hossain ACS

A-0179

5,000

18.05.2016

Cash

18506

Md. Saiful Islam ACS

A-0186

5,000

22.05.2016 Cheque

18507

Muhammad Abu Bakar Siddique ACS

A-0304

5,000

22.05.2016

Cash

18808

Md. Riazul Hoque Sikder FCS

F-0180

5,000

24.05.2016

Cash

18809

Md. Abu Sayeem ACS

A-0252

5,000

01.06.2016

Cash

18815

Darul Awam Tuhin FCS

F-0196

5,000

30.08.2016

Md. Sayem ACS

A-0232

5,000

17.10.2016

Cash

18847

Jayanta Kumer Podder FCS

F-0183

5,000

20.11.2016

Cash

19241

Md. Lokman Hossain ACS

A-0283

5,000

27.11.2016

Cash

19250

Md. Mizanur Rahman FCS

F-0182

5,000

04.12.2016

Cash

19330

Israt Jahan Rimi ACS Syed Mohammad Nasim ACS

A-0217 A-0273

26 27 28 29 30 31 32 33 34 35 36

Sub-Total (Associate Members)

5,000 19.04.2017 5,000 17.07.2017 65,000

50,000 60,000

SEB

SEB

10,000

Sl. # New Associate Members-Tk.10,000/01

Arif Abdut Towab ACS

A-0322

10,000

-

02 03

Mohammed Harun-Ar- Rashid ACS Md. Muniruzzaman ACS

A-0318 A-0319

10,000 10,000

-

04 05 06

Mohammad Shahidul Islam ACS A. K. M. Rashidul Hasan ACS Md. Atiqur Rahman ACS

A-0320 A-0321 A-0323

10,000 10,000 10,000

-

07 08 09 10 11 12 13 14

Mohammad Asaduzzaman ACS Prodip Lal Bhowmick ACS Sunita Barua ACS Mohammad Emarot Hossain ACS Mahamudhul Hasan ACS Muhammad Shamsul Islam ACS Muhammad Anowarul Kibria ACS Shariar-Al-Mamun ACS

A-0324 A-0325 A-0326 A-0336 A-0327 A-0328 A-0329 A-0335

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

-

09.09.2014 & 15.11.2014

Cash 16616 & 17484 11.11.2014 Cheque 17479 21.08.2014 & 13.11.2014 Cash 16610 & 17481 13.11.2014 Cash 17482 15.11.2014 Cheque 17483 20.08.2014 & 16.11.2014 Cash 16609 & 17485 16.11.2014 16.11.2014 16.11.2014 16.11.2014 20.11.2014 23.11.2014 24.11.2014 27.11.2014

Cheque Cheque Cash Cheque Cash Cash Cheque Cheque

17486 17488 17490 17489 17492 17493 17495 16853

Institute of Chartered Secretaries of Bangladesh (ICSB)

Sl. # Associate Members -Tk.5,000/-01 Md. Zaker Rahmatullah ACS

69


Institute of Chartered Secretaries of Bangladesh (ICSB)

15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

Khandakar Taslima Rahman ACS Mohammed Abu Salam ACS Babul Meah ACS Ummey Tahera Sultana ACS Md. Mehadi Hasan Mazumder ACS Md. Shamibur Rahman ACS Dr. Md. Rashedul Azim ACS Malik Muntasir Reza ACS Uttam Kumar Dey ACS Bimal Chandra Roy ACS Nayamul Hoque ACS Santush Chandra Sarker ACS Md. Mijanur Rahman ACS Forhad Hossain Khandaker ACS Md. Ismail Hossain ACS F R M Rashedul Hasan ACS Quazi Sabnam ACS Asadullah Mahmud ACS Md. Mamunur Rashid ACS Mohammad Jaman Khan ACS Mohammad Kamruzzaman ACS Krishna Kumar Sarma ACS

A-0342 A-0333 A-0338 A-0337 A-0343 A-0344 A-0345 A-0346 A-0347 A-0348 A-0349 A-0350 A-0351 A-0352 A-0353 A-0354 A-0356 A-0355 A-0357 A-0358 A-0359 A-0361

37

Md. Jamilur Rahman ACS

38

Md. Warisur Rahman ACS

39

SEB Cheque Cash Cheque Cheque Cheque Cash Cheque Cash Cash Cash Cheque Cheque Cheque Cheque Cheque

10,000

24.11.2014 31.03.2015 02.05.2015 05.05.2015 22.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 24.08.2015 24.08.2015 24.08.2015 06.09.2015 07.09.2015 02.12.2015 03.02.2015 05.12.2015 24.01.2016

Cash Cash Cash Cash Cash

SEB 16637 16473 16474 17728 17746 17730 17731 17732 17733 17738 17739 17740 17742 17743 17745 SEB 18006 18016 18017 18018 18559

A-0362

10,000

24.01.2016

Cash

18560

A-0363

10,000

25.01.2016 Cheque

Mahmud Hossan Belali ACS

A-0364

10,000

25.01.2016

Cash

18573

40

Md. Abdul Aziz ACS

A-0365

10,000

25.01.2016

Cash

18574

41

Tofael Ahmed Mazumder ACS

A-0366

10,000

26.01.2016

Cash

18580

42

Md. Obaidur Rahman ACS

A-0367

10,000

26.01.2016

Cash

18584

43

Kazi Hasan Mahamud ACS

A-0368

10,000

26.01.2016

Cash

18586

44

Md. Jaber Parvez ACS

A-0369

10,000

26.01.2016

Cash

18588

45

Md. Nazrul Islam Chowdhury ACS

A-0370

10,000

26.01.2015 Cheque

46

Hasan Tarek ACS

A-0371

10,000

26.01.2016

Cash

18591

47

Nasir Uddin ACS

A-0372

10,000

26.01.2016

Cash

18593

48

Md. Rakibul Hasan ACS

A-0373

10,000

27.01.2016 Cheque

49

Imam Hossan ACS

A-0374

10,000

27.01.2016

Cash

18612

50

Abu Jafar Ali ACS

A-0375

10,000

27.01.2016

Cash

18613

51

Zannat Afza Usha ACS

A-0376

10,000

28.01.2016

Cash

52

Mohammad Mostafa Hossain Suman ACS

A-0377

10,000

28.01.2016 Cheque

18643

53

M. M. Sajedul Islam ACS

A-0378

10,000

28.01.2016 Cheque

18646

54

Md. Hamidul Islam ACS

A-0379

10,000

30.01.2016

18679

55

Md. Mamun Or Rosid ACS

A-0380

10,000

02.02.2016 Cheque

18726

56

Md. Zillur Rahman ACS

A-0381

10,000

02.02.2016 Cheque

18727

57

Mahbub-ul-Anam Khan ACS

A-0382

10,000

03.02.2016

Cash

18728

58

Aminul Islam ACS

A-0383

10,000

03.02.2016

Cash

18729

59

Mohiuddin Siddique ACS

A-0384

10,000

06.02.2016 Cheque

18730

60

Mohammed Ashraful Anowar ACS

A-0385

10,000

06.02.2016

18731

61

Md. Mustafa Kamal ACS

A-0386

10,000

08.02.2016 Cheque

18732

62

Mohammed Saifullah ACS

A-0360

10,000

08.02.2016 Cheque

18734

63

Md. Asad Hossen ACS

A-0387

10,000

08.02.2016

64

Md. Golam Rabbani Akondo Rocky ACS

A-0388

10,000

65

Md. Atiqul Islam ACS Md. Enayet Rabbani Chowdhury ACS

A-0389 A-0390

10,000

Mohammad Zafar Ullah ACS

A-0391

09.02.2016 Cheque 13.04.2016 Cash 16.10.2016 Cash

Hadisul Alam ACS

A-0392

Md. Jahangir Alam ACS

A-0395

66 67 68 69

70

10,000 -

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

10,000 10,000 10,000 10,000

10.11.2016 10.11.2016

10.11.2016

Cash

Cash

Cash

Cash Cash Cash

18572

18590

18599

18641

18735 18736 18747 18846 18848 18849 19202


71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99

Md. Delowar Hossain ACS

A-0396

Rashed Mahmud Bhuiyan ACS

A-0397

Md. Abu Musa ACS

A-0398

Shyamal Chandra Nath ACS

A-0399

Md. Alauddin ACS

A-0400

Farzana Kashem ACS

A-0401

Mohammad Mahfuz Alam ACS

A-0402

Md. Omar Faruque ACS

A-0403

Abu Syed Md. Nahid ACS

A-0404

Faruk Mia ACS Al Helal Md. Moudud Ahammed ACS

A-0406

Mohammad Samsul Haque ACS

A-0407

Anupom Kumer Ghosh ACS

A-0408

Mohammad Mosaddaque ACS

A-0409

Md. Ahmadul Haque ACS

A-0410

Md. Alam Sarder ACS

A-0411

Mithun Chandra Singha ACS

A-0412

Ripon Chandra Mazumder ACS

A-0413

Md. Moshihor Rahman ACS

A-0414

Md. Israil Hossain ACS

A-0415

Mohammad Zahirul Islam ACS

A-0416

Khalilur Rahman ACS

A-0417

Bibhuti Bhusan Sarker ACS

A-0418

Md. ShaďŹ qul Alam ACS

A-0419

Md. Salahuddin ACS

A-0420

Chandan Kumar Kundu ACS

A-0421

Tahmina Hossain ACS

A-0422

Amit Kumar Dey ACS

A-0423

Riajur Reza Mohammad Faisal ACS Md. Tahidul Amin Mojumder ACS

A-0424

100 Dhijen Barua ACS 101 S M Rubayet Hossain ACS 102 Sarwar Hossain Siddiqi ACS

103 Gias Uddin ACS 104 Abul Fazal Mohamed Rubayat ACS

105 Md. Mohibul Alam ACS 106 Md. Selim Parvez ACS 107 Md. Ramzan Hossain ACS

108 S M Nooruzzaman ACS 109 Al-Mamun ACS

110 Monirul Islam ACS 111 Mohammad Mohibur Rahaman ACS

112 Farjana Haque ACS 113 Sanjit Kumar Saha ACS

114 Rajib Kumar Ghosh ACS 115 Jahanara Eva ACS

116 Mohammed Showket Iqbal ACS 117 Raihan Abu Jafar ACS

118 Md. Einul Haque ACS 119 Md. Shahedul Amin ACS

120 Arifur Rahman ACS

A-0405

A-0425 A-0426 A-0427 A-0428 A-0429 A-0430 A-0431 A-0394 A-0432 A-0433 A-0434 A-0435 A-0436 A-0393 A-0438 A-0439 A-0440 A-0441 A-0442 A-0443 A-0444 A-0445

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

10.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016

Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash

12.11.2016 Cheque 13.11.2016 Cash 13.11.2016 13.11.2016

Cash Cash

13.11.2016 Cheque 13.11.2016 Cash 13.11.2016 13.11.2016 13.11.2016

Cash Cash Cash

13.11.2016 Cheque 13.11.2016 Cheque 14.11.2016 14.11.2016 14.11.2016 14.11.2016

Cash

15.11.2016 16.11.2016 19.11.2016 26.11.2016 27.11.2016 27.11.2016

Cash Cash Cash Cash Cash Cash Cash

Cash Cash

SEB

12.12.2016 Cash 12.12.2016 Cheque 12.12.2016 Cash

15.12.2016

19208 19209 19210 19211 19212 19213 19214 19215 19216 19217 19218 19219 19220 19221 19222 19223 19224 19225 19226 19227 19228

19231

11.12.2016 Cheque 11.12.2016 Cash

11.12.2016

19207

Cash Cash

01.12.2016 Cheque 05.12.2016 Cheque

11.12.2016

19206

19229

29.11.2016 Cash 30.11.2016 Cheque 01.12.2016 Cash

06.12.2016

19204

Cash

14.11.2016 Cheque 15.11.2016 Cheque

15.11.2016

19203

Cash

19230 19232 19233 19234 19235 19236 19238 19247 19301 19302 19305 19308 19312 19313 19338 19348 19360 19361 19362 19364

Institute of Chartered Secretaries of Bangladesh (ICSB)

70

19365 19366 19370

71


Institute of Chartered Secretaries of Bangladesh (ICSB)

72

121 Sk. Md. Sarfaraz Hossain ACS

A0437

122 Md. Mokaddess Ali ACS

A-0446

10,000 23.01.2017 Cheque

18.12.2017

19992

123 Mahbub Alam ACS

A-0449

10,000 04.03.2017 Cheque

20767

124 A. B. M. Lutful Karim ACS

A-0447

10,000 22.03.2017

10,000

SEB

SEB

125 Md. Ayinuddin ACS

A-0448

10,000 10.04.2017

126 Md. Moin Uddin ACS

A-0450

10,000 22.05.2017 Cheque

Cash

20778 20784

127 Mohammed Jasim Uddin ACS

A-0451

10,000 22.05.2017

Cash

20785

128 Rajan Kumer Saha ACS

A-0452

10,000 27.05.2017

Cash

20787

129 Md. Nuruddin Jongi ACS

A-0453

10,000 27.05.2017

Cash

20788

130 Md. Abdul Alim Khan ACS

A-0454

10,000 29.05.2017

Cash

20789

131 Sharif Dilnewaz Hossain ACS

A-0455

10,000 30.05.2017 Cheque

20791

132 Md. Jasim Uddin ACS

A-0456

10,000 30.05.2017 Cheque

20792

133 Shahedul Azam ACS

A-0457

10,000 30.05.2017

134 Md. Enamul Haq ACS

A-0458

10,000 30.05.2017 Cheque

Cash Cash

20794 20795

135 Md. Shahidur Rahman ACS

A-0459

10,000 30.05.2017

136 Md. Kawsar Habib ACS

A-0460

10,000 31.05.2017 Cheque

20798

137 Md. Hayder Harun-ur-Rashid Khan ACS

A-0461

10,000 01.06.2017

20799

138 Munshi Abu Naim ACS

A-0462

10,000 05.08.2017 Cheque

139 Md. Atikul Islam ACS

A-0463

10,000 06.12.2017 Cheque

21939

140 Md. Yeasin Ahmed ACS

A-0464

10,000 10.12.2017

Cash

21940

141 Syed Mahmud Hasan ACS

A-0465

10,000 10.12.2017

Cash

20992

142 Md. Atiar Rahman ACS

A-0466

10,000 11.12.2017 Cheque

21941

143 Md. Sahabuddin ACS

A-0467

10,000 11.12.2017

21942

Cash

Cash

20796

21913

144 Mohammed Shakawat Hossain ACS

A-0468

10,000 12.12.2017

Cash

21943

145 Syed Abu Taher ACS

A-0469

10,000 12.12.2017

Cash

21944

146 Mohammed Maruf Al Hasnat ACS

A-0470

10,000 12.12.2017 Cheque

21945

147 Md. Wahedul Islam ACS

A-0471

10,000 12.12.2017

Cash

21946

Cash

21947

148 Md. Forhad Hossain Patwary ACS

A-0472

10,000 12.12.2017

149 Mamunur Rashid ACS

A-0473

10,000 12.12.2017 Cheque

21948

150 Muhammad Asraful Hossain Khan ACS

A-0475

10,000 14.12.2017 Cheque

21949

151 Mohammad Shahalam ACS

A-0474

10,000 14.12.2017

Cash

21151

152 Mohammad ShaďŹ qul Islam Bhuiyan ACS

A-0476

10,000 14.12.2017

Cash

21152

153 Sk. Towhedur Rahman ACS

A-0477

10,000 14.12.2017

154 Kazi Mohammad Tanvir ACS

A-0478

10,000 17.12.2017

Cash

21153

SEB

155 Mir Shariful Bashar ACS

A-0479

10,000 18.12.2017

Cash

21154

156 Mohammad Golam Kibria ACS

A-0480

10,000 27.12.2017

Cash

21157

Sub-Total (Induction as Associate Members) GRAND TOTAL In words (Tk.): Five lac five thousand only

150,000 520,000

200,000 860,000 350,000 623,020 1,017,500 505,000


The Honorary Fellow Members H-0001

H-0002

H-0004

H-0005

Muhammad Faruk Khan MP

Dr. Hossain Zillur Rahman

Former Minister, Ministry of Commerce & Ministry of Civil Aviation and Tourisom Government of Bangladesh

Former Adviser, Ministry of Commerce Caretaker Government of Bangladesh Executive Chairman Power and Participation Research Centre (PPRC)

Barrister Shafique Ahmed

Md. Ghulam Hussain

Former Minister for Law, Justice and Parliamentary Affairs Government of Bangladesh and now Adviser to the Prime Minister on Law Justice and Parliamentary Affairs Government of Bangladesh

Former Chairman National Board of Revenue (NBR) Government of Bangladesh

Barrister Moudud Ahmed

Suhel Ahmed Choudhury

Former Minister for Law Justice and Parliamentary Affairs Government of Bangladesh

Former Secretary Ministry of Commerce Government of Bangladesh

Dr. A. B. Mirza Md. Azizul Islam Former Adviser Ministry of Finance Planning, Post & Telecommunications Caretaker Government of Bangladesh

Feroz Ahmed Former Secretary Ministry of Commerce Government of Bangladesh

H-0006

H-0007

H-0008

H-0009


www.icsb.edu.bd

Chartered Secretary is Everywhere

Institute of Chartered Secretaries of Bangladesh Padma Life Tower (7th & 8th Floor) 115 Kazi Nazrul Islam Avenue Bangla Motor, Dhaka-1000 Bangladesh Phone E-mail

: 880 2 831 5338, 933 9957 933 6901, 935 6972, 4934 9578 : icsb@icsb.edu.bd


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