02 April 2023

Empanelment of Concurrent Auditors

Empanelment of Concurrent Auditors / Revenue Auditors for Bank of Maharashtra.

BANK OF MAHARASHTRA invites applications from practicing firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empaneled as Concurrent Auditors/Revenue Auditors of the Bank for specified branches for FY 2023-24.


Link is as Under:


https://bankofmaharashtra.in/coca/caconfirmpage.aspx


22 September 2022

By Election ICAI

Postal ballot
158 received
32 rejected
126 being considered
12 rejected further
114 valid being considered.

ICAi By Election

158 postal ballots opened.
180 ballot boxes also opened.

22 December 2021

Statistics: Viewers of this blog were

Sanjay Nikam, Ankit Agarwal and Ketan Saiya crosses quota at elimination of Jayesh Kala.

Ishwar Jivani crosses quota at final elimination of Abhishek. 

Here is the final position:


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ICAI has notified results of Central Council

Here is the official link 

ICAI Notification

RCM: Results of Regional council is known now and names of 21 winner is final.

With elimination of Kamlesh, the regional council is final now. Jayesh Kala is being eliminated but it is just academic exercise as Abhishek sitting at no. 22 will not get anything which can jump him above Ankit Rathi. Jayesh will make Mumbai candidates strong. Only ranking will change, Few will achieve quota and distribution will happen, but the final 21 remain the same as are those sitting at the top 21 rank at this moment. 
So congratulations to all 21 elected RCMs 

RCM: Status after elimination of Kamlesh Saboo

Status after elimination of Kamlesh Saboo
Murtuza Kachwala hit the quota.

21 December 2021

RCM: Status after elimination of Vijendra Jain, Kamlesh Saboo will be eliminated tomorrow

RCM: Status after elimination of Shardul Shah. Vijendra Jain is being eliminated.

CCM: Piyush Elimination Complete.

Piyush elimination count :
  • Durgesh Kabra - 467
  • Dhiraj - 514
  • Vishal - 141
  • Mr. Adukia - 467
  • All achieved quota
  • Vishal elected at 11
We will stop providing any further update on Central Council.

Thank you all.

RCM: Status after elimination of Pradeep Kabra

Here is the status after Pradeep.

RCM: Status after elimination of Rajesh Agarwal Pune

Status after elimination of Rajesh Agarwal Pune. Pradeep Kabra elimination is in progress.

CCM: What next on CCM counting process today?

What next on CCM counting process today?
Is this result final?
There are similar questions people still admin. Let me charity on this.

  1. All 11 candidates elected are final and no changes.
  2. Only academic process left for Central Council results, Piyush Chhajed will be eliminated, all excess of Aniket and Purushottam will be distributed. 
  3. The outcome of this will change the sequence in which candidates are declared elected.
  4. The elimination of Piyush may change the ranking or order, but not the results.
  5. Those in top 11 will be declared elected even if they don't reach quota under election rules.
  6. This doesn't make difference to anyone. Once elected everyone is equal CCM.

RCM-Can Shilpa Shingare still survive?

On the chart at this moment, it falsely appears Shilpa will be next to be eliminated after Rekha, because Rajesh will move up after elimination of Rekha Dhamanakar. But that's untrue. Shilpa needs only 50 to 80 votes from Rekha to jump the ladder up and sit above Pradeep Kabra and Vijendra Jain, and that she will surely get. So next elimination by all probability will be of Pradeep Kabra from Surat and the Surat will rest it's case for the third seat, which was never expected after Ishwar and Abhishek.

RCM: Would Pune get 3rd seat?

Regional Results: Would Pune get 3rd seat? 
Rekha's elimination will decide this. Rekha will give lots of votes to fellow Pune contestant Rajesh Agarwal and Rajesh seen at the moment at 28th will jump up. How much and would he be able to survive the onslaught of later Mumbai elimination is the key to see whether Pune gets its 3rd seat after Yashwant and Ruta.

20 December 2021

Aniket and Purushottam cross the quota on elimination of Hardik.

Finally the magic no. for both Ahmedabad candidates after elimination of Hardik Shah from Surat. Both crossed quota. Aniket got 448 votes, Purushottam got 264 votes and Vishal Doshi got 235 votes.

Breaking: Rajkumar Adukia and Vishal Doshi won the crucial battle. Piyush Chhajed lost

Rajkumar Adukia and Vishal Doshi won the crucial battle. Piyush Chhajed lost in the roller coaster ride of this election process.

CCM: Status after elimination of Hardik

Breaking: Vishal moves down to 11, Purushottam moves up to 6

Changes after Vishnu's elimination.
  • Vishal moves down to 11 Purushottam moves up to 6
  • Piyush Chhajed moves down to 10
  • Dheeraj moves up and above Durgesh at 8
  • Durgesh Kabra moves up to 9

Status after elimination of Vishnu

Here is the status.

Recount has been asked by Piyush

A recount has been asked for Mangesh's surplus which has completely turned the game by Piyush Chhajed.
Below is status after excess distribution of all who crossed quota and got elected.

Breaking:Durgesh moves ahead of Dhiraj after all sub parcels of Shrinivas distributed

Durgesh moves ahead of Dhiraj after all sub parcels of Shrinivas distributed.

Why sitting Central Council members are struggling and losing. Only 1 out of 5 CCM elected so far is sitting member being re-elected.

This is really interesting to note that only 1 out of 5 members elected so far is a sitting member getting re elected to the council. If you look at the first preference votes, in top 5, there was not a single sitting CC member. There are 2 sitting CC member already eliminated and 2 are still struggling to be in comfortable position. 

What it indicates. May be COVID impacted their performance and visibility or may be people have much more expectation than in past from them, as all the new comer and mufasil man doing far better and people see great potencial in them to deliver on their issues at the ground level.

Now distribution of excess from there candidates who just crossed quota will further prolong process

As 3 candidates got elected by elimination and stands above quota of 4131 and the surplus numbers needs to be distributed to tally our Balance Sheet. Remember we are CAs and keep all records perfectly howsoever complex it may be.
Now distribution of excess from there candidates who just crossed quota will further prolong process and wait for few desperate and borderline candidates will increase. The increase in adrenaline and anxiety has one more day before culmination.

Breaking: Chandrashekhar Chitale from Pune crosses quota and elected..

The sub parcels of votes from elimination of Shrinivas Joshi has enabled three quota crossings and election. Chandrashekhar Chitale from Pune has been re elected with flying colours as expected and crossed quota after Shrinivas elimination. Umesh Sharma and Mangesh already crossed quota from seconds from Shrinivas. 

Chitale got 495 from 5 sub parcels and reached to 4220. Please not there are many more sub parcels to be distributed.

Breaking: Umesh and Mangesh Kinare crossed quota and elected by elimination of Shrinivas Joshi

Here is the status of candidates after elimination of Shrinivas Joshi.

Elimination of Shrinivas Joshi started

Now the elimination of second sitting member started after Anil Bhandari's elimination. That's a great upset in the current council. If they would have been re elected, they could be possibility Presidential candidates being senior and third termer.

Status after elimination of Anil Bhandari all sub parcels.

Status after elimination of Anil Bhandari Main parcel

 

Rank

Name

 EL of Anil

 After Anil

1

Savla Priti Paras

             -  

       4,131

2

Patodia Sunil

             -  

       4,131

3

Sharma Umesh

          145

       4,075

4

Kinare Mangesh

            52

       3,919

5

Khandelwal Purushottamlal

            87

       3,772

6

Talati Aniket

            89

       3,739

7

Chitale Chandrashekhar

            78

       3,704

8

Doshi Vishal

            66

       3,056

9

Chhajed Piyush

          153

       2,811

10

Khandelwal Dheeraj

          144

       2,718

11

Kabra Durgesh

          186

       2,675

12

Adukia Rajkumar

          155

       2,521

13

Shah Hardik

            32

       2,503

14

Agarwal Vishnu

          131

       2,358

15

Joshi Shriniwas

            66

       2,255

 

Status after All parcels inclduing sub parcels of Drushti

 

Rank

Name

 EL of Drushti

 After Drushti

1

Savla Priti Paras

             -  

       4,131

2

Patodia Sunil

             -  

       4,131

3

Sharma Umesh

            47

       3,930

4

Kinare Mangesh

            62

       3,867

5

Khandelwal Purushottamlal

            19

       3,685

6

Talati Aniket

            69

       3,650

7

Chitale Chandrashekhar

            76

       3,626

8

Doshi Vishal

          151

       2,990

9

Chhajed Piyush

          120

       2,658

10

Khandelwal Dheeraj

          128

       2,574

11

Kabra Durgesh

          156

       2,489

12

Shah Hardik

            45

       2,471

13

Adukia Rajkumar

          169

       2,366

14

Agarwal Vishnu

            63

       2,227

15

Joshi Shriniwas

          140

       2,189

16

Bhandari Anil

          117

       1,944

 

Empanelment of Concurrent Auditors

Empanelment of Concurrent Auditors / Revenue Auditors for Bank of Maharashtra. BANK OF MAHARASHTRA invites applications from practicing firm...