CS Atul H. Mehta, President, The Institute of Company Secretaries of India, speaking at the Press Conference stated that, “The Institute of Company Secretaries of India is a premier national professional body established by an Act of Parliament in 1980 is fully engaged in the propagation and promotion of Company Secretaries as Governance Professionals. With 39000 members and over 4,00,000 students, the Institute is in constant endeavor towards the transitioning of Company Secretaries as Governance Professionals.”
The President outlined the major initiatives of ICSI as under:
STUDENT SERVICES
NEW EXAMINATION CENTRES ANNOUNCED BY ICSI
The Institute is pleased to announce opening of new Examination Centres at following cities on an experimental basis w.e.f. June, 2015 examination onwards:
1. Ahmednagar (Gujrat )
2. Akola (Maharashtra)
3. Amravati (Maharashtra)
4. Beawer (Rajasthan)
5. Chittorgarh (Rajasthan)
6. Gandhinagar (Gujrat)
7. Jhansi (Uttar Pradesh)
8. Panipat (Haryana)
9. Rourkela (Odisha) 10. Ujjain (Madhya Pradesh) Accordingly, candidates can opt for new examination centre at the aforesaid city(ies) while enrolling for June, 2015 examination. Last date for Enrolment for June 2015 exams is 25th March 2015.
A Merit Scholarship Scheme through ICSI Students Education Fund Trust has been developed under which highly meritorious students will be granted monthly scholarships for three years subject to the passing the various stages of CS Course at the first available opportunity. The Corporate and the benign Individuals may contribute to this ICSI Students Education Fund and get the tax benefit under the Income Tax Act 1962. The contribution to the Fund is as per the CSR rules of the Companies Act 2013. So, all corporate shall use the same for their compliance on CSR.
Student Education Loan in collaboration with CANARA Bank .
Online facilities for syllabus switchover, claiming qualification-based paper-wise exemption, change of elective subject, etc have been made available on www.icsi.edu.
ICSI Call Centre has been established with centralized contact numbers 011-33132333 and 01166204999. The Call centre is operational from 7 AM to 11 PM on all days.
The Institute has completely switched over to Online Mode for Registration of Students w.e.f. 1st January, 2014.
The Institute has completely switched over to Online Mode for Examination Enrollment w.e.f. 1st October, 2013.
The Class Room Teaching Guidelines have been thoroughly reviewed and liberalized to enhance the quality of coaching.
A Re-Registration Policy has been introduced in terms of which students who have passed the Executive Programme Stage of CS Course/Intermediate stage under old course, under any past syllabus but not eligible for seeking Denovo, may register directly to Professional Programme and resume the course.
A Student Assistance Committee has been operationalized which will look into the problems faced by the students while availing the services from the Institute and recommend remedial measures to the TEFC and other Committees of the Council.
A Grievance Solutions Cell has been established to look into the grievances of the students through a Grievance Portal and also through a dedicated E-Mail Id grievance.solutions@icsi.edu.
The cut-off dates fixed for seeking registration de-novo/ extension and Paper-wise exemption based on higher qualifications have been revised and students can now submit their requests for the same upto 9th April/ 10thOctober for appearing in June & December Sessions of Examinations.
A simplified system with standardized fee for seeking Registration Denovo/ Extension has been implemented with effect from 1stDecember, 2013 with online facilities for submitting the application and fee for the same.
The syllabus of Foundation Programme, Executive Programme and Professional Programme have been revised.
In Professional Programme, a new concept of Elective Paper with specialization in different areas has been introduced. The Institute has also introduced Open Book Examination(OBE) system for the Elective Papers where student can select one subject out of five subjects and give an Open Book Examination for the same .
OMR based Examinations and Computer-based Examinations were conducted for Foundation Programme Stage. First Computer-Based Examination for Foundation Programme was conducted in June, 2014 Session.
OMR based Examinations for three papers under New Syllabus of Executive Programme was held in December, 2014 Session.
The Study Materials have been made optional and soft copies are freely available for download for students.
An online English Learning course has been launched . Students can register online for the same onwww.icsi.edu.
The Study Materials are available in PDF Format as well as E-Book form which can be downloaded by the students free of cost.
Important communications are being sent to the students through bulk E-Mail and SMSes.
50% Concession in Registration and Examination Fee has been introduced for War Widows and Wards of Martyrs of military and para-military forces.
‘ICSI MOBILE CS’ – Android enabled Mobile APP HAS BEEN Launched by the Institute for easy access of ICSI website facilities on Android based Mobiles .
MODIFIED TRAINING STRUCTURE FOR STUDENTS
The Institute of Company Secretaries of India (ICSI) has introduced a New Modified Training Structure for the Students of Company Secretaryship Course w. e. from 1st April 2014.
Under the modified Training Structure a student who has passed the Final examination or Professional Programme examination of the Institute shall be eligible for Associate Membership of the Institute only after he/she has undergone the practical training for a period of-
i. three years on registration for Executive Programme; or
ii. two years after passing the Executive Programme examination; or
iii. one year after passing the Professional Programme examination;
The practical training may be exempted for a student who possesses prescribed work experience to the satisfaction of the Council.
MEMBERS
Institute has 39000 Members across the country and abroad. As a major outcome of Institute’s efforts, the Practising Members have also received recognition under Maharashtra VAT Act for appearing before Tribunals.
The Institute aims to constantly develop competence of its members and the profession by providing specific trainings at various platforms, bringing out effective guidelines on various professional development activities and harnessing many National and International tie-ups, added, President, ICSI.
PRACTISING COMPANY SECRETARIES :
PCS Induction programmes are being organised throughout the country and are getting overwhelming response from the members .
The Institute will be coming out with PIP Videos for the members located at remote places and who are unable attend the programmes physically.
PEER REVIEW BOARD:
Empanelment of more Peer Reviewers.
Senior Practitioners from each region are being requested to empanel themselves as Peer Reviewers.
TRAINING PROGRAMMES FOR PEER REVIEWERS.
Training Programmes for Peer Reviewers are being held throughout the country after mapping the number of PCS in each region with the number of Peer Reviewers available from that region.
1000 Practice Units have been identified using random sampling software for being peer reviewed during the current year.
WORKSHOPS ON CAPACITY BUILDING.
Launched PMQ Course in five specialized subjects, namely, Banking Law and Practice; Insurance Law and Practice; Capital, Commodity and Money Market; Intellectual Property Rights – Law and Practice; and International Business – Law and Practice.
Launched PMQ course in Competition Law
Restructured PMQ Course in Corporate Governance.
Course on Valuation launched .
Database of IDs launched.
The workshops on Capacity building of professionals under the new Company Law are being organised by the Institute across the country.
The Corporate Laws Committee has identified topics for conducting Capacity Building Workshops on various aspects of the New Company Law. These topics are Secretarial Audit, NCLT, Restructuring and Insolvency, Valuation, Annual Return and e-forms.
Creation of dedicated email ids pcs@icsi.edu; companiesact2013@icsi.edu and efiling@icsi.edu for receiving queries relating to PCS, various provisions under Companies Act, 2013 and issues relating to filing of e-forms.
MASTER CLASSES ON COMPANIES ACT, 2013.
Master classes on Companies Act 2013 will be organised for the members across India.
INVETSOR EDUCATION & PROTECTION FUND (IEPF)
The Institute is organizing Investor Awareness Programmes through Regional Councils, Chapters and Resource Persons in coordination with Regional Directors/Registrar of Companies , MCA.
COMPANY SECRETARY INDUCTION PROGRAMME
After taking membership of the Institute , the institute organizes an Induction programme for its New Members.
PLACEMENT PORTAL
The Portal provides “24X7” free of cost online platform for placement service to the corporates and members.
TIE-UPS AND MOUS
CERTIFIED BANKING PROFESSIONAL COURSE
COMPLIANCE, GOVERNANCE AND RISK MANAGEMENT COURSE
MOU WITH NATIONAL INSTITUTE OF SECURITIES MARKETS (NISM)
ICSI PROGRAMS
SERIES OF ICSI SEMINARS ON INDIAN FINANCIAL CODE
ICSI provided Thought Leadership on INDIAN FINANCIAL CODE, and the Report of FSLRC (Financial Sector Legislative Reforms Commission). ICSI has conducted 6 Seminars on Indian Financial Code till date.
CAPACITY BUILDING SEMINARS ON COMPANIES ACT 2013
For capacity building of the Members Seminars/ Workshops on Companies Act 2013 will be conducted across India.
FULL - TIME INTEGRATED COMPANY SECRETARYSHIP COURSE.
The new session for the Full Time Integrated Company Secretaryship course will be announced soon ,The Full Time Integrated Company Secretaryship was launched in June 2014 last year. Details are available on ICSI website:www.icsi.edu.
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