JAYCEE HERALD FEBRUARY 2015
Index
a) Foreword b) President’s Message c) From the shelves of JCI Trichur Library -JCI Sen. Ranjith Kollannur e) My memories in JCI – Jc CA. Sanjo Nambadan f) CS Speaks –Jc CS. Ramachandran TM g) Kids’ Corner h) Puzzle Corner i) Creative Corner j) Achievements Corner k) JCI News l) Photo Gallery
FOREWORD
In my profession, I follow a saying which says ”we run after new business but always keep our existing customers satisfied”. We are very much pleased to receive such a good response from our team members but also we need our already contributed members to keep contributing. We thank and appreciate Ramachandran and Ranjith for their continuous contributions. We do expect more participation from next month onwards, also once the exams get over, please encourage your children to contribute more. The aim of this bulletin is to act as a tiny step in improving your inborn creative skills. We would like to include as many members’ contributions as possible. Thank you very much once again and happy reading.
JC Ajay Kumar Editor
PRESIDENT’S MESSAGE
We are proud to have our fourth issue of Jaycee Herald. We are really happy to unearth the hidden talents of our jaycee members. In this month’s bulletin, we have unearthed another great talent, please look into Mrs. Betty Ranjith’s artistic talents in Creative Corner. This is the aim of this bulletin, I request all the members to keep contributing and let us make this small bulletin a worth read. Through the month…. JCI Trichur had a busy February. LOTS was conducted in NESTT Muvattupuzha and six members from your chapter attended the seminar. The Pilot Faculty was the Acharya of Trainers, Shri. MAS Menon, who was ably assisted by Dr. Siju Thottappilly, JC. Jiji Joseph and Jc. Sampson Thomas, all veterans in the training field. It was a two day event which really motivated all the participants. JCI India celebrated Integrity Day on 2nd February and we celebrated the event in NSS School where the Oath of Integrity was taken by around 300 students of the School. Special mention should be made for JC. Ramachandran, who took great efforts to make the event a great success. Chapter Development and Management Training was conducted by ZVP Rejanish A, on February 12, at Hotel Palace
Tower. Majority of your CGB members participated in the training. We really appreciate the effort taken by the ZVP, in elaborating the roles assigned to each office bearer and the training took around 1.5 hours and was an enlightening one. Your Chapter Governing Board conducted their meeting in Hotel Palace Tower on February 12, and various matters were discussed in detail. The CGB was well attended and a very fruitful one. JCI international courses of Achieve, Admin & Impact was conducted by JCI Trichur on 15th February at Hotel Pooram International. 7 members from our chapter participated in the training session, the Pilot Faculty was JCI. Sen . Harish Kumar, who did a great job in explaining the details. Program Director for the training was JCI. Sen. Sudhir Achuthan, who put his signature on the training seminar. JCI. Sen. Ranjith Boban helped a great deal, in the registering and other formalities of this training course. As a part of International Women’s day celebration, Jaycerettes of our chapter conducted a workshop on self-defense techniques to the students of Vimala College, in association with the Women Development Cell of the college. JC. Kishore & JC. Taji Joseph who do workshops under the brand name “Shield” were the trainers and it was a brilliant training session. The college authorities appreciated the workshop a great deal and have requested to repeat the workshop in the near future. More than 12 Jaycerettes attended the workshop and it was really an eye-opener to the students and staff of the Vimala College. JC. Sanoj V.V and JC. Joseph Lal participated in JCI shuttle tournament conducted by JCI Irinjalakuda. They tried their level best but met with a much more talented opponent and had to turn back empty handed. It is the participation that
counts and not winning or losing, and I hope this will be an incentive to work harder and win laurels in the next time. JCI Trichur conducted 5 chain seminars at the request of college authorities of Vimala College. First Seminar was conducted by Jc. Smitha Harish, Zone Director, Jaycerette & Lady JC wing of Zone XX. Her seminar was on the topic “Leadership”. It was followed by our Zone Trainer JC. Sen. Sudhir Achuthan, who took classes on “Goal Setting & Auto Suggestions”. Jc. Ajith Kaimal took classes on “ Entrepreneurial Motivation” followed by Jc. Ramachandran’s Class on “ Legal challenges of lady entrepreneurs”. JC. Vinitha Sajith conducted a workshop on Jewellery making; she was ably assisted by Vidya Sanoj & Vinnie Fijo. The students and college authorities have appreciated our members’ efforts and have informed that they will require such workshops and seminars in the near future also. Dr. P.T. Jose & Dr. Libison who were members in JCI Trichur Alosyous got transferred to our chapter during the month and accordingly, now our official member strength has reached a landmark of 50 members. Our Chapter dues towards JCI India were paid in time and a copy of our APP, Budget and Annual accounts were submitted to the National Head Quarters in time. Let me conclude with a nice story.. A young woman went to her mother and told her about her life and how things were so hard for her. She did not know how she was going to make it and wanted to give up. She was tired of fighting and struggling. It seemed that, as one problem was solved, a new one arose. Her mother took her to the kitchen. She filled three pots with water and placed each on a high fire. Soon the pots came to a boil. In the first, she placed carrots, in the second she placed eggs, and in the last she placed ground coffee beans.
She let them sit and boil, without saying a word. In about twenty minutes, she turned off the burners. She fished the carrots out and placed them in a bowl. She pulled the eggs out and placed them in a bowl. Then she ladled the coffee out and placed it in a bowl. Turning to her daughter, she asked, "Tell me, what you see?" "Carrots, eggs, and coffee," the young woman replied. The mother brought her closer and asked her to feel the carrots. She did and noted that they were soft. She then asked her to take an egg and break it. After pulling off the shell, she observed the hard-boiled egg. Finally, she asked her to sip the coffee. The daughter smiled as she tasted its rich aroma. The daughter then asked, "What does it mean, mother?" Her mother explained that each of these objects had faced the same adversity - boiling water - but each reacted differently. The carrot went in strong, hard and unrelenting. However, after being subjected to the boiling water, it softened and became weak. The egg had been fragile. Its thin outer shell had protected its liquid interior. But, after sitting through the boiling water, its inside became hardened! The ground coffee beans were unique, however. After they were in the boiling water, they had changed the water. "Which are you?" the mother asked her daughter. "When adversity knocks on your door, how do you respond? Are you a carrot, an egg, or a coffee bean?" Think of this: Which am I? Am I the carrot that seems strong but, with pain and adversity, do I wilt and become soft and lose my strength? Am I the egg that starts with a malleable heart, but changes with the heat? Did I have a fluid spirit but, after a death, a breakup, or a financial hardship, does my shell look the same, but on the inside am I bitter and tough with a stiff spirit and a hardened heart? Or am I like the coffee bean? The bean actually changes the hot water, the very circumstance that brings the pain. When the water gets hot, it releases the fragrance and flavour.
If you are like the bean, when things are at their worst, get better and change the situation around you. When hours are the darkest and trials are their greatest, do elevate to another level? How do you handle adversity? you a carrot, an egg, or a coffee bean?
you the you Are
So be like a coffee bean, elevate yourself to another level to face adversities and come out victorious.
Thanking you, Yours truly Jc HGF CA Manoj Kumar.M President
From the shelves of JCI Trichur Library The Sceptical Patriot by Sidin Vadukut
Publisher – Rupa; Year of Publication – 2014; Pages – 208
Sidin Vadukut’s “The Sceptical Patriot” is the type of book that needs to be in Indian school libraries. In it, he explores the truthfulness of many of the facts that we “know” about India ranging from the invention of zero to plastic surgery. A civilization as ancient as the one in the subcontinent is bound to have many myths and legends, overgrown by hearsay and exaggeration. A course correction is, at times, needed. In a work vastly more different than his satirical Dork series, Vadukut has matured as an author to move towards an alternate plane. The Sceptical Patriot is not meant for avid historians, but for beginners who are fascinated by many things Indian. The research done is excellent and for most part he sticks to the points being discussed. While it is easy for many writers to focus too much on research and bring out a boring technical book, Vadukut has managed to add just the right bit of humor to keep the average reader interested. He adds a personal touch as well, bringing in anecdotes from his life. While the connect between the anecdotes and the content are at times disjointed, they do well in humanizing the content.
A two chapter summation may sound too much, but it justifies the need for the book. It is often said history is written by the winners, but unless you kill off the losers like the way we killed off the Neanderthals, it is likely that their history will survive, creating a confusing version of the world. For example, have you ever thought why the only two people who would go for ritual circumcision in the modern world prior to Moses were the Egyptians and the Jews? For those really interested in history there are, for most part, material available for finding the truth. However, when history gets taught by the winners, it manages to imbibe itself into a society that may have otherwise rejected it. The Sceptical Patriot do not seek to rewrite history textbooks, but it keeps the student open to more ideas. And for that it needs to be in Indian school libraries. -
JCI Sen. Ranjith Kollannur
[For more information on JCI Trichur Library, log on to jcitrichur.org -> Individual Development -> Library]
My memories in JCI I joined in Jaycee movement in 2004 when Jossy B Chacko was the President. My journey for the last 10 years in this organization gave me a lot of excitement and enthusiasm which I would like to share with my junior team members. John Paul, our Past ZP invited me to this organization in early 2003. But I was reluctant to join since I thought club culture is not in tune with my attitude. John was my junior during my CA Studies and I had a very close relationship with him. His consistent follow up made me join JCI Trichur (formerly known as Trichur Jaycees). I joined in a General Body Meeting which was conducted in John Paul’s Residence. I was very much comfortable and all the members present over there gave me a cordial welcome. My starting was good and it continues the same way, even in my 11th year in JCI. JCI, previously known as Jaycees and Trichur Jaycees was reasonable known to the public mainly because of the welcome board fixed by Trichur Jaycees in the four entrances of Trichur Town. I was elected to CGB in 2005 and appointed as Programme Director of Kindafest. Still I remember the total budget for the programme was only Rs 7500. The programme was conducted in Model Girls School. Jc Rajesh George was the President in 2005. In 2006 I was elected as Secretary when Jc Jossy C M was the President. It was a heavy year for me. We used to meet in almost all the days for discussing Jaycee activities. We had conducted a lot of programmes during that year. In that year I was declared as the outstanding LOM Officer Winner of Zone XX. 2010 was a crucial year for JCI Trichur. I was elected the President of the LOM. However due to difference in opinion among the members, the chapter was on the verge of split. It
was a challenge for me. The past presidents along with the hardcore Jaycees on one side and new blood jaycees on the other side. Since I always believe in tradition I stood along with my experienced Jaycees. JCI Trichur continued its journey with veterans. But to my surprise all my past presidents worked like new jaycees and I added 23 new members in that year. I was also elected as Outstanding LOM President of that year. Our President Jc Manoj, IPP Jojo, and Secretary Jc Sajith are also joined during my tenure. I got very good support from Zone officials. In the same year I was also nominated as National Finance Committee member at National Level. After that I worked in Zone for three years as Zone Co coordinators in different portfolios. If I look back to my 10 year period in Jaycee I am very much proud of being a member of JCI Trichur. I learned the art of conducting programmes, the art of management of people and public speaking from JCI. Some of the memorable programmes during my Jaycees career are Sewing Machine distribution, Blood donation, Jayceeweek celebration, Clean city campaign, Onasadya with Medical college patients, Kindafest, Music Competition, Volley Ball Tournament, Food Fest, Uniform distribution, Jaycerette Conference, Regional Conference, Natcon I have attended all the Zone Conferences since 2004 and attended 3 Natcons. I have learned a lot from Jaycee. I bow my head to Jaycee for the wonderful opportunities given to me during last 10 years. Many of my Jaycee friends turned to my professional clients later on. The relationship I could make during this period is unforgettable. Thanks to Jaycees. I request all my Jaycee friends to do selfless service to the organization. The Organization will reward you in due course. Do not expect for each and every action. Organization will bring you tremendous opportunities.
I am proud to be a member of JCI I respect my Governing Board I salute all Jaycees. Wish all the best to JCI in this 100th Year and JCI Trichur in its 47th year.
Jc HGF CA Sanjo Nambadan President 2010-JCI Trichur National Finance Committee Member 2010 Outstanding LOM Officer 2006 Outstanding LOM President 2010
Stringent business norms spell bad companies –The Companies Act, 2013
news
for
small
T.M. Ramachandran BBS, LLB, ACS, MBA Company Secretary in Practice 1st FLOOR, SAJI NIVAS OPP. RDS LABORATORY Dr. AR MENON ROAD, NAICKANAL THRISSUR, KERALA 680 001 INDIA Mobile:- +91 98460 93998 E mail: iamramantm@gmail.com
The number of companies being registered under the new Companies Act could come down further as the government has made the norms more stringent for businesses to be classified as small companies. Under the new norms notified by the corporate affairs ministry, to classify as a small company, a company (other than a public company) should not have paid up capital exceeding Rs 50 lakh and turnover not more than Rs 2 crore. Under the earlier norms, a company meeting only one of these conditions would have qualified as a small company. "Under the new definition of small company, it would need to meet both the share capital and turnover criteria to be categorised as such. This is likely to take out several companies from the scope of the provisions of small companies under the Companies Act," said Sai Venkateshwaran partner, accounting advisory services at KPMG in India. There are number of exemptions including compliances and statutory requirements, which the government gives to small companies. In addition to filings, the number of board meeting was also another benefit available to small companies.
MCA vide notification dated 16th February 2015 in consultation with National Advisory Committee on Accounting Standards, has issued the Companies (Indian Accounting Standards) Rules, 2015. The gist of the rules is given below
The rule shall come into force on the 1st day of April, 2015
The accounting standards as specified in the Annexure to the rules to be called the Indian Accounting Standards (Ind AS)
On voluntary basis For financial statements for accounting periods beginning on or after April 1, 2015, with the comparatives for the periods ending 31st March, 2015 or thereafter, any company may comply with Ind AS.
On mandatory basis Following classes of companies are mandatorily required to comply with Ind AS.
-
S.No Companies 1
2
3
4
Eligibility
W.e.f
Companies whose equity Having net and/or debt securities are worth of Rs. 500 listed or are in the process Crore or more of listing on any stock exchange in India or outside India
For the accounting periods beginning on or after April 1, 2016, with Companies other than Having net comparatives those specified above worth of Rs. 500 for the Crore or more periods ending 31st Holding, subsidiary, joint N.A. March, 2016, venture or associate or thereafter companies of companies covered under (1) and (2) Companies whose equity and/or debt securities are listed or are in the process of being listed on any
Having worth of than Rs Crore
net For the less accounting 500 periods beginning on
stock exchange in India or outside India 5
Companies other than Having net those covered in (1)-(4) worth of Rs 250 i.e. an unlisted companies crore or more but less than Rs 500 Crore.
6
Holding, subsidiary, joint N.A. venture or associate companies of companies covered under (4) and (5)
or after April 1, 2017, with comparatives for the periods ending 31st March, 2017, or thereafter
The requirement to mandatory comply with Ind AS shall not be complied by o
o
Companies whose securities are listed or are in the process of being listed on SME exchange as referred to in Chapter XB or on the Institutional Trading Platform without initial public offering in accordance with the provisions of Chapter XC of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. Insurance companies, banking companies and nonbanking finance companies.
The Accounting standards as specified in Annexure to the Companies (Accounting Standards) Rules, 2006 shall be the Accounting Standards applicable to the companies other than the classes of companies which are voluntarily or mandatorily complying with Ind AS
A company which follows the Indian Accounting Standards (Ind AS) shall follow such standards only.
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Strawberry Cheese Cake – Thara Jojo
Clay Modelling – Pranav Manoj
CREATIONS by Jc. Betty Ranjith
PUZZLE CORNER Be the first one to guess these Crazy Friends ‌. The Answer was given by Gayathri Manoj. It is the caricature of our dear Jojo & Sudhir.
1) Jc. CA.Sanjo Nambadan our Past President, has been elected as the Treasurer of the Trichur Branch of SIRC of ICAI. We wish him all success in the new position. -----------------------------------------------------------------------------------------------------------------------------
2) JC. Dr. K.J. Varghese, our Past President was selected for Paper Presentation in the International conference held in Nepal. We wish him all success in his future endeavors. 3) Samhitha Shajan, daughter of JC. CA. Shajan & CA. Silpa Shajan, acted in a tele film as a child artist.
NOTE FROM THE EDITORIAL BOARD:We request all JC MEMBERS, JCRTS AND JJs ARE REQUESTED TO SEND US THEIR ENTRIES, IF ANY, TO BE INCLUDED IN THE ACHIEVEMENTS CORNER. SEND IN YOUR MATTER,NOT EXCEEDING 5 LINES, TO OUR EMAIL ID jayceeherald.tcr@gmail.com
WHY DO WE NEED SPORTS AND GAMES? Sports and games play a very significant role in human life since childhood to adulthood. They not only rejuvenate our faded nerves but also contribute to our physical well-being. They are absolutely necessary in life. Even the busiest periods of our life require some healthy enjoyment. Games provide a sort of mental recreation and furnish us with very fresh energy. Majority of sports events and games play a vital role in one’s capacity building, not only on physical aspect but mental stability and fitness also. They give us healthy exercise and keep us fit and fine. Games and sports help us to develop team spirit and sportsmanship. It is rightly said that the battle of waterloo was won on the play ground of Eton. Sports teaches us many important virtues like team spirit, friendship, fighting spirit & capacity building which truly helps a person to face many similar issues in
our life. It directly relates to our health and if we are not healthy fit and fine, then even millions of rupees do not come to rescue our life. It is rightly said. “If money is lost nothing is lost. If health is lost something is lost but if character is lost everything is lost.” But it is very true that sports and games are the best source to develop individual character, social character and national character too. I hope you will understand the value of sports and Games. I wish you a long & healthy life.
Commit – Connect - Care THANKS & REGARDS, JC HGF Hitesh Patel NOM Co-Ordinator (Youth & Sports-2015)
BIRTHDAYS AND ANNIVERSARIES IN THE MONTH OF MARCH NAME
Date of Birth
FIJO GEORGE
MARCH, 01
TONY EMMATTY
MARCH, 06
BOBBY ABRAHAM
MARCH, 11
JOSHY THOTTAN
MARCH, 17
MANOJ KUMAR
MARCH, 21
We Know the above names are not complete, Please provide your family members date of birth and anniversary date to jayceeherald.tcr@gmail.com, so that a complete list can be provided.
Get ready with your ideas for the March Edition of Jaycee Herald. We would also like to receive your suggestions and comments for the improvement of our E-magazine. Send in your feedback to jayceeherald.tcr@gmail.com
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