FinalHowBecome CompanySecretary2023.pptx

junnarkar2012 27 views 41 slides Sep 28, 2024
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About This Presentation

education


Slide Content

About ICSI ICSI has its Headquarters at New Delhi and 4 Regional Councils at Chennai, Kolkata, Mumbai & New Delhi, 72 Chapters, 2 Centre for Corporate Governance Research & Training (CCGRT)spread all over India. The Institute has on its rolls over 70,000 qualified members both in Employment & in practice. About 2 lakh students are currently enrolled in the Company Secretaries Course. Conducts Examinations at around 245 Examination Centres across the country and one Overseas Centre at Dubai UGC recognize CS qualification equivalent to Post Graduate Degree.

The Company Secretary The Company Secretary (CS) is an important part of the management and administration of the Company. Being a legal representative of a company, CS carries out and manages various regulatory functions, such as company incorporation, preparation and audit of adequate business reports; filing annual returns; dealing with amended laws regularly, etc. CS is also active as a management consultant on the Company’s board of directors and guides them in corporate governance, strategic management; project planning; capital market and securities law. A Company secretary is a : Vital link between the company and its Board of Directors, shareholders, government and regulatory authorities. Ensures that Board procedures are both followed and regularly reviewed and provides guidance to Chairman and the Directors on their responsibilities under various laws . Commands high position in the value chain and acts as conscience seeker of the company.

Honorable Prime Minister’s words ‘I am honored to be with the experts who ensure every Company in the country follows the law of the land, maintain complete transparency. The onus is on you to see to it what should be the corporate culture of the country’. ‘ICSI plays an important role in institutionalizing the transparency and honesty in the country. Let us march ahead for building a New India with renewed vigor, zeal and confidence’. ‘The motto of ICSI is ‘Satyam Vada , Dharmam Chara ’ . It implies that one should speak the truth and follow rules and regulations. Your advice – right or wrong has an impact on the Corporate Governance of the country’. ‘The importance of a transparent and honest administrations is now understood in the country. The recommendations made by the ICSI played a positive role in formulating the Corporate Governance Framework’. Prime Minister Shri Narendra Modi at the Inauguration of ICSI Golden Jubilee Celebration on 4th October, 2017 at Vigyan Bhawan , New Delhi

Company sec retary the governance professional

The Scope of company secretary in India and abroad

Company secretary in employment key managerial personnel (kmp) The Companies Act, 2013 Act confers a special status to Company Secretary as the Key Managerial Personnel. Every listed company and every other public company having a paid-up share capital of ten crore rupees or more has to appoint a whole time Key Managerial Personnel (KMP). A company other than a company covered above which has a paid-up share capital of ten crore rupees or more shall have a whole-time company secretary.

Company secretary in practice The Companies Act, 2013, has increased the opportunities to Company Secretaries in practice by introducing Secretarial audit. As per section 204 of the Companies Act, 2013 ,the following companies are required to obtain Secretarial Audit Report’ from independent practicing company secretary; Every listed company. Every public company having a paid-up share capital of Fifty Crore rupees or more; or Every public company having a turnover of Two Hundred Fifty Crore rupees or more. Every company having outstanding loans or borrowings from banks or public financial institutions of one hundred crore rupees or more. Under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2014 (Listing Regulations), the Company Secretary has to be mandatorily appointed as Compliance Officer except for units of Mutual Funds listed on Stock Exchanges.

Companies Hire a Company Secretary for the following : Mobilising Resources from Capital Market through IPOs, FPO’s Mobilising Global Resources through FDI, ECB, ADR/GDRs Managing Corporate Restructuring Project Planning & Execution, Regulatory Interface Managing Joint Ventures and Foreign Collaborations within and beyond India Treasury & Financial Management including Loan Syndication, Taxation, Project Finance Ensuring Due Diligence and Compliances of all the laws applicable to company Initiating Best Practices in Corporate Governance ,Corporate disclosure and reporting Corporate Social Responsibility CS also plays role as an Integrated Corporate Managers and capable of undertaking wide gamut of work in all the functional areas in addition to their core area of Legal and Corporate Compliance Management. The Companies Act, 2013, in fact, recognizes Company Secretaries as advisors to the Board on the affairs of the Company and all matters to ensure good Corporate Governance.

Other opportunity for company secretaries

International M o u s MOU with ICSA, London MOU with CISI, London    MOU with Malaysian Institute of Chartered Secretaries and Administrators (MAISCSA) UK NARIC Other Opportunities for a CS abroad Contract Drafting Content Writing Freelance

CS Course- Stages

Cs executive entrance exam (CSEET)

Cseet Registration and exam month

CS Executive Fees and eligibility criteria Eligibility CS Executive Entrance Test (CSEET)* Passed & class 12 th passed CS Foundation Programme Passed Students All Graduates (with minimum 50% marks), Postgraduates ICAI (The Institute of Chartered Accountants of India) Final Course Passed Students ICMAI (The Institute of Cost Accountants of India) Final Course Passed Students. Fees ₹ 8500/- CSEET Qualified students/ CS foundation Pass ₹ 13500/- for ICAI/ ICMAI final course passed student / Graduates/ Post Graduates (₹ 1000/- for Pre -examination Test fee & ₹ 600/- for one day orientation) ₹1000/- for advance fee of Class room teaching (optional)

CS Executive Syllabus

CS Executive Registration and exam month

One day oriental programme The Institute has introduced one day mandatory orientation programme for executive and foundation students’ w.e.f . 1 st June, 2019. The students getting registered in CS Course on or after 1 st June, 2019 are required to undergo One Day Orientation Programme before their enrolment in the Examination. The objective of the Orientation Programme is to apprise the newly admitted students to know about their Institute, role & responsibility of a Company Secretary, scheme of studies, course curriculum, duration of the programme, examination pattern, modalities of practical training, skills and aptitude required to be a CS, how to be a successful professional etc

CS Professional Fees and eligibility criteria Eligibility CS Executive Programme Pass Students Fees ₹ 12000/- (₹ 1000/- for Pre -examination Test fee)

CS Professional Syllabus

CS Professional Programme and exam month

Registration Process

Registration Process

Calendar of cut off dates Particulars of Cut-off Dates Scheduled Cut-off Date Acceptance of Applications for Admission to Executive/ Professional Programme (for appearing in Any one module in the same year) 31 st January Declaration of Results of December Examination (Executive & Professional Programme) 25 th February Last Date for submission of Enrolment/Examination Application- Without Late Fee (June Session) 25 th March Last Date for submission of Enrolment/Examination Application- With Late Fee (June Session) 09 th April Applying for Paper-wise Exemption on the basis of qualification for June Examination. 09 th April Applying for Registration De Novo (for June Examination) 09 th April Last Date of Change of Centre/Medium/Module (June Session) 01 st May Last Date for Cancellation of Exemption (June Session) 01 st May Last Date for Re-submitting the Call-For Documents for Granting Exemption on the Basis of Higher Qualification (June Session) 01 st May Acceptance of Applications of CSEET Registration for same year Examination(May session) 16 th December to 15 th April Acceptance of Applications for Admission to Executive/ Professional Programme ( for appearing in All modules in December Examination in the same year) 31 st May Acceptance of Applications of CSEET Registration for same year Examination(July Session) 16 th April to 15 th June

Calendar of cut off dates Acceptance of Applications for Admission to Executive/ Professional Programme (for appearing in Any one module in December Examination in the same year) 31 st July Declaration of Results of June Examination(Executive & Professional Programme) 25 th August Last Date for submission of Enrolment/Examination Application- Without Late Fee (December Session) 25 th September Last Date for submission of Enrolment/Examination Application- With Late Fee (December Session) 10 th October Applying for Paper-wise Exemption on the basis of qualification for December Examination in the same year. 10 th October Applying for Registration De Novo (for December Examination) 10 th October Acceptance of Applications of CSEET Registration for November Examination in the same year. (November Session) 16 th June to 15 th October Last Date of Change of Centre/Medium/Module (December Session) 20 th November Last Date for Cancellation of Exemption (December Session) 20 th November Last Date for Re-submitting the Call-For Documents for Granting Exemption on the Basis of Higher Qualification (December Session) 20 th November Acceptance of Applications for Admission to Executive/Professional Programme (for appearing in All modules in June Examination in next year ) 30 th November Acceptance of Applications of CSEET Registration for January Examination in next year. 16 th October to 15 th December

Concession in fee & Financial Assistance Scheme and other major initiatives 25

Concession in CSEET Registration Fee applicable to various categories of students are as under: Category Concession SC/ST 50% Physically Handicapped 50% ICSI Staff and Wards / Spouse of ICSI Staff 75% ICLS Officers/ Officers & Staff of MCA and affiliated offices (NCLT, SFIO and CCI) 100% Students from North Eastern States, Andaman & Nicobar Islands, Lakshadweep & Himachal Pradesh 50% Students from the Union Territories of Jammu & Kashmir and Ladakh 100% Concession in Fee for Registration to Executive Programme/Professional Programme Category Concession SC/ST 50% Physically Handicapped [as defined under Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act] Only Registration Fee is to be paid.   (at present “Registration Fee” for Executive Programme is Rs.2000/- & “Registration Fee” for Professional Programme is Nil) ICLS Officers and Officials Ministry of Corporate Affairs 100% Students from the Union Territories of Jammu & Kashmir and Ladakh 100% at the time of registration to Executive Programme stage Students from North Eastern States, Andaman & Nicobar Islands, Lakshadweep & Himachal Pradesh 50% at the time of registration to Executive Programme stage Note: - Fee Concession also available for Indian Armed Forces , Paramilitary Forces, Agniveers & Family of Martyrs, Fee Waiver under SEFT Scheme for Meritorious and Economically weaker Students . Concession in fee & Financial Assistance Scheme and other major initiatives

CONCESSION IN EXAMINATION FEE FOR STUDENTS OF EXECUTIVE PROGRAMME / PROFESSIONAL PROGRAMME Category Concession SC/ST 50% Physically Handicapped [as defined under Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act] 75% ICLS Officers and Officials Ministry of Corporate Affairs 100% (only for the first attempt) Concession in fee & Financial Assistance Scheme and other major initiatives

ICSI Class Room Teaching

Other major initiatives for students by ICSI Financial Assistance Scheme

Flow Chart applicable to a CS Trainee

Status of Applicability of Various Trainings to the students Types of Training Earlier Training Structure (Applicable to students registered in CS Executive Programme on or before 31.03.2014 Modified Training Structure (Applicable to students registered in CS Executive Programme on or After 01.04.2014 Under New Regulation ( w.e.f . 03.02.2020) Executive Development Programme (EDP) Applicable (08 days) Not Applicable Applicable (one month i.e 15 days class room mode and 15 days e-EDP, after passing the Executive Programme Examination) 15 days Academic Programme Not Applicable Applicable (students passing Executive Programme Examination on or after 25.08.2015) 15 days= 2days Induction+ 3 days e-governance+5 days skill development +5 days Entrepreneurship) Not Applicable Long term Practical Training Fifteen (15) months (after passing Executive Programme) Three years on registration to Executive Programme; Or Two years after passing the Executive Programme; Or One year after passing the Professional Programme Twenty one (21) months (only after completion of one month EDP and passing of Executive Programme)

HOW TO BECOME A MEMBER OF THE INSTITUTE Eligibility: TCC clearance from Directorate of Training How to Apply for Membership: To become a member of the Institute, the student has to apply online along with Training Completion Certificate. The procedure of making an application is given below: https://www.icsi.in/student/ Portals/0/ OnlineServices /WelcomePage.htm or Go to www.icsi.in/student/Home.aspx or http://www.icsi.edu/ Click on login Button and enter your Username & password After login Click on My Account and then click on the Request for ACS Membership. Now download FORM A, fill it and upload along with all other requisite documents (TCC is mandatory)and click on PROCEED FOR PAYMENT button. Now you will be directed to Payment gateway. After making payment, application will be successfully submitted for approval.

HOW TO BECOME A MEMBER OF THE INSTITUTE Requisite documents to be submitted/uploaded along with ACS Application Passport Size colored photograph : One photo is to be affixed on Form A and One self attested photo to be affixed on specimen signature card provided along with Form-A, Certificate of fitness : To be taken by two members of ICSI, having minimum 03 years of membership (on prescribed form provided along with the Form-A) Proof of Date of Birth: Self Attested (with Name and date) photocopy of Admit Card of Class Xth or certificate or marks sheet of class Xth or School Leaving Certificate (in which your date of Birth and full name is mentioned) OR Self Attested (with Name and date) photocopy of passport (Should be self attested with date, by the applicant)

Placement and Procedure

Click On The Link And Open Placement Portal Link : https://apps.icsi.edu/placementapp/ Student Registration on ICSI Placement Portal

Student Registration at the ICSI Placement Portal under the Training Section, please follow the link as given below: *Link for Student: https://apps.icsi.edu/PlacementApp/student (Open that Link) *Enter on Register Here

*Click on Register here, the screen will appear- Student Registration. Fill the details Like student Registration Number and Date of Birth and click on Verify Account . * By clicking on Verify Account, you agree to receive SMS notifications for OTP  in your mobile number (one time password) please  fill in the 4 digit OTP and your Company will be successfully Registered in the ICSI Placement Portal.

After enter 4 digit OTP and submit Tab. This page is open and fill all details as per requirement and confirm Complete Registration

Some of the highly paid Company Secretaries

Placement and pay packages In recent campus interviews, the meritorious students, having become fresh Company Secretaries, were picked up by regulators and reputed companies at very attractive starting salaries. • In the large corporate and multi-national companies, they are attracting huge pay packages ranging between Rs . 25 lacs and Rs . 1 crore per annum. • Salary packages, of course, depend upon the capabilities and capacities of a person and vary from sector to sector.

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