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TRAINING GUIDE

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FOR THE FUTURE)
JUNE 2014

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© THE INSTITUTE OF COMPANY SECRETARIES OF INDIA


All rights reserved. No part of this publication may be translated or copied in any form or by any means
without the prior written permission of The Institute of Company Secretaries of India.

Published by:
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
ICSI House, 22, Institutional Area, Lodi Road, New Delhi - 110003
Phones: 4534 1000, 41504444, Fax: 24626727
Website: www.icsi.edu E-mail: info@icsi.edu

Lasertypesetting at DCS Dwarka


And Printed at,
Samrat Offset Works, 8-62/5, Naraina Industrial Area, Phase-II
New Delhi - 110028, Phone: 41418568/500/June 2014
FOREWORD

Training is a process of teaching specific skills through rigorous practice and instructions
grooming of the budding professionals.

The Institute in its strive to achieve this avowed objective has recently modified its training
structure that comprises two types of training namely, long term internship/attachment with a
Practising company Secretary/ a Company and short term training on Managerial/ Soft skills .
By the end we are expecting a well groomed Company Secretary as a product of the Institute.

In this direction, we have come out with this Training Guide to help all our aspiring trainees as
well as trainers. This Training Guide will provide all the required information and guidance at a
single point. I hope that this will provide the detailed information about all aspects including
procedural requirements pertaining to Training.

I would like to congratulate the Team ICSI, especially the Training Directorate for their efforts.

I also convey my heartiest wishes to all the trainees and trainers with a request to have full
benefit of this Training Guide.

R Sridharan
President
The Institute of Company Secretaries of India
FOREWORD

Training in context with the Company Secretaryship course is a process of acquiring knowledge,
skills competencies and gain practical experience and understand industry trends which are
significant for becoming a competent Company Secretary.

The Institute of Company Secretaries of India has devised a training curriculum for its students
in such a manner that the students will have a real life exposure of the corporate environment
and an opportunity to adapt and upgrade themselves as per the need of the corporate.

The students will have an option to opt for practical training for the period as per their choice
amongst- three years or two years or one year at different stages of the course curriculum. At
the end the students will have to attend a fifteen days Management Skills Orientation
Programme consists of soft skills and practical aspects of subject oriented topics.

This Training guide consists of all the procedural aspects of long term and short term training
under the earlier training structure and the modified training structure.

I hope that both students undergoing training and trainers who are imparting training will have a
thorough reading of all the requirements for training. This Training Guide will be very useful in
formulating an effective training programme.

New Delhi
Vikas Y Khare
Vice President
The Institute of Company Secretaries of India
vi

CONTENTS

S. No. Page No.

CHAPTER I

INTRODUCTION

1.1 The Institute 1


1.2 Stages to become Company Secretary 1
1.3 Role of a Company Secretary/Range of Functions 2
1.4 Career prospects for Company Secretaries 2
1.5 Company Secretary in Employment 3
1.6 Company Secretary in Practice 3
1.7 Further Academic Pursuits 3
1.8 The Company Secretaries Regulations, 1982 4
1.9 Examinations 4
1.10 Scope and Purpose of the Training Guide 5

CHAPTER II

TRAINING STRUCTURES
2.1 Earlier Training Structure 6
2.2 Modified Training Structure 9
2.3 Comparative Table showing Earlier Training Structure and 11
ModifiedTraining Structure at a glance
2.4 Procedure for switching over to modified training structure 12

CHAPTER III

INFORMATION AND PROCEDURES RELATED TO 15 MONTHS/3 YEARS/


2 YEARS/1 YEAR TRAINING
3.1 Organizations where 15 months/3 years/2 years/1 year training can be undergone 13
3.2 Procedure for registration of companies and other organisations for imparting
15 months/3 years/2 years/1 year training 13
3.3 Procedure for registration of Law Firm, Consultancy Firms Financial Institutions,
Limited Liability Partnerships for imparting 15 months/3 years/2 years/1 year training 14
3.4 Procedure for registration of a Company Secretary in Practice for imparting 15
months/3 years/2 years/1 year training 15
3.5 Procedure for searching 15 months/3 years/2 years/1 year training 15
3.6 Procedure for registration of 15 months/3 years/2 years/1 year Training
with the company/organisation (including law firm, consultancy
firms /other entities etc.) 15
3.7 Procedure for registration of 15 months/3 years/2 years/1 year training
with Company Secretary in Practice 16
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S. No. Page No.

3.8 Procedure for transfer of 15 months/3 years/2 years/1 year training in between
training period to any other company /organisation (including law firm,
consultancy firms etc.) or Company Secretary in Practice 16
3.9 Limit of number of trainees with a Company 17
3.10 Limit of number of trainees with Law Firm/ Consultancy Firm/Financial Institution 17
3.11 Limit of number of trainees with Company Secretary in Practice 17
3.12 Working Hours 17
3.13 Stipend 17
3.14 Leave 18
3.15 Quarterly Reports 19
3.16 Project Report 19
3.17 Training Completion Certificate 19

CHAPTER IV

INFORMATION AND PROCEDURES RELATED TO SIP/EDP/PDP/MSOP


4.1 Student Induction Programme (SIP) 20
4.2 Executive Development Programme (EDP) 20
4.3 Professional Development Programme (PDP) 20
4.4 Management Skills Orientation Programme (MSOP) 21
4.5 Computer Training 21

CHAPTER V

INFORMATION AND PROCEDURES RELATED TO 15 DAYS SPECIALIZED


TRAINING WITH REGARD TO EARLIER TRAINING STRUCTURE
5.1 Applicability 22
5.2 Specialised Agencies where 15 days training can be undergone 22
5.3 Procedure to undergo 15 days specialized training 22

CHAPTER VI

INFORMATION AND PROCEDURES RELATED TO EXEMPTION FROM


UNDERGOING 15 MONTHS/1 YEAR/15 DAYS TRAINING (SPECIALISED)
6.1 Information on Exemption from undergoing 15 months and 15 days
specialised training under the earlier training structure 23
6.2 Procedure for claiming exemption from undergoing 15 months training
and 15 days specialised training under the earlier training structure 24
6.3 Information on Exemption from undergoing 1 year training under the modified
training structure 25
6.4 Procedure for claiming exemption from undergoing 1 year training
under the modified training structure 26
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S. No. Page No.

CHAPTER VII

INFORMATION AND PROCEDURE RELATED TO BALANCE 3 MONTHS


PRACTICAL TRAINING (REGULATION 50) FOR THOSE WHO HAVE BEEN
GRANTED PARTIAL EXEMPTION FROM UNDERGOING 15 MONTHS TRAINING
UNDER THE EARLIER TRAINING STRUCTURE
7.1 Information on balance 3 months Practical Training (Regulation 50) 27
7.2 Where balance 3 months Practical Training (Regulation 50) can be undergone 27
7.3 Procedure for registration of Company for imparting 3 months
Practical Training (Regulation 50) 27
7.4 Procedure for undergoing 03 months Practical training with a Company 27
7.5 Procedure for undergoing 03 months Practical training with a
Company Secretary in Practice 28

CHAPTER VIII

DISCIPLINARY ACTION IN CONNECTION WITH TRAINING INCLUDING


MANAGEMENT SKILLS ORIENTATION PROGRAMME
8.1 Disciplinary action in connection with training including Management Skills Orientation
Programme 29

CHAPTER IX

APPLYING FOR MEMBERSHIP OF THE INSTITUTE


9.1 Procedure of applying membership of the Institute 31
APPENDICES
APPENDIX A Chapter VII of the Company Secretaries Regulations, 1982 33
APPENDIX B Gazette Notification on Modified Training Structure 37
APPENDIX C Format for opting/ switching over to the modified training structure
effective from 1st April, 2014 under Chapter VIA of the Company
Secretaries Regulations, 1982 41
APPENDIX D Application form for Practising Company Secretaries seeking
registration to impart training 43
APPENDIX E Application Form for Management/Apprenticeship/
Practical Training/Exemption from Undergoing Training 45
APPENDIX F Form of contract of apprenticeship training 48
APPENDIX G Quarterly Report 53
APPENDIX H Certificate of Discontinuance/Termination of Training 56
APPENDIX I Completion Certificate of 15/03 months/3 years/2 years/1 year Training 57
APPENDIX J Checklist of exemption related documents 58
APPENDIX K Project Report Topics 59
APPENDIX L Form A - Application for Admission as an Associate 64
APPENDIX M Frequently Asked Questions 70

Important Contact Details of RDs/ROCs 84


1

CHAPTER I
INTRODUCTION

1.1 The Institute


• The Institute of Company Secretaries of India constituted under an Act of Parliament i.e.
the Company Secretaries Act, 1980
• It is the only recognized professional body in India to regulate and develop the profession
of Company Secretaries in India and to award the certificate bestowing the designation of
Company Secretary to a candidate qualifying for membership of the Institute.
• The Institute has been converted into a statutory body w.e.f. 1.1.1981 under the Company
Secretaries Act, 1980.
• The Institute has presently on its rolls over 36,400 members including over 6,400
members holding certificate of practice. Besides, more than 4,50,000 students are
pursuing the Company Secretaryship Course.
• The Institute has its headquarters at New Delhi and four regional offices located at New
Delhi, Chennai, Kolkata and Mumbai. In addition, the Institute has 69 Chapters across
India and one overseas centre in Dubai.
• 123 Examination centres across the country and 01 overseas centre at Dubai.
• The affairs of the Institute are managed by a Council consisting of fifteen elected
members and five nominees of the Central Government. The President is the head of the
Council.

1.2 Stages to become Company Secretary

Foundation Programme (04 Papers)

Executive Programme (07 Papers)

Professional Programme (09 Papers)

Pre-Membership Training - 16 months including 15 days’


MSOP under the Earlier Training Structure OR

1/2/3 years + 15 Days’ MSOP under the


Modified Training Structure w.e.f. 01/04/2014

Associate Member

Continuing Professional Development


2

1.3 Role of a Company Secretary/Range of Functions

A Qualified company secretary can either be employed by a Company or can start his/her
own practice.

• Company Secretary is an important professional aiding the efficient management of the


corporate sector.

• Under the Companies Act, 2013, Company Secretary has been recognized as a Key
Managerial Personnel (KMP) along with the Chief Executive Officer/Managing
Director/Manager, whole-time director and Chief Financial Officer (section 203). Being
Key Managerial Personnel, Company Secretary is required to be mandatorily appointed in
every class or classes of companies as may be prescribed. Presently, the companies
having a paid -up share capital of Rs 5 crores are statutorily required to appoint a whole-
time Company Secretary. He has a primary duty to ensure all compliances with various
legislations.

• A member of the Institute of Company Secretaries of India(ICSI) may also practise


independently as a professional after obtaining a certificate of practice as provided in the
Company Secretaries Act,1980.

• The Companies Act 2013 has substantially strengthened the position, role and
responsibility of a Company Secretary both in employment and in practice. The duties of a
company secretary are now statutorily prescribed under the Companies Act, 2013. He is
now bracketed as key managerial personnel (KMP). He not only reports to the Board on
compliance with the laws applicable to the company but also ensures compliance with the
applicable secretarial standards. He assists and advises the Board in ensuring good
corporate governance and in complying with the corporate governance requirements and
best practices. He assists the Board in the conduct of the affairs of the company and
provides to the directors, such guidance as they may require, with regard to their duties
responsibilities and powers.

• The job of a Company Secretary now involves diverse responsibilities such as formulating
long-term and short-term corporate policies and programmes, accounting and finance
functions.

• Company secretaries are being seen as corporate development planners who explore the
expansion opportunities such as arranging various collaborations, amalgamations,
acquisitions, and setting up of subsidiaries and joint ventures within and outside India.

• The Company Secretaries have made forays into the capital market and financial services
industry. The Company Secretaries are also taking care of tax planning and tax
management for the company and advising the management on the tax concessions,
incentives and reliefs.

1.4 Career prospects for Company Secretaries

Detailed and thorough study of the legal, secretarial, accounting, managerial and administrative
functions of a company on the way to attain the Company Secretaryship qualification makes the
person competent for taking up a wide range of responsible positions in the secretarial, legal,
finance, accounts, personnel and administrative departments of companies or other
organisations in the private as well as public sector.
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1.5 Company Secretary in Employment


• Under the Companies Act, 2013, Company Secretaries have been recognized as Key
Managerial Personnel (KMP) and companies having a paid-up share capital of Rupees 5
crores or more, are statutorily required to appoint a whole-time Company Secretary.
• Membership of the Institute is the only prescribed qualification, which a person must
possess for appointment as a Company Secretary in such a company. Also, all
companies seeking listing on stock exchanges are required to have whole-time qualified
Company Secretary.
• Membership of the Institute has been recognized by the Ministry of Education,
Government of India, for appointment to superior posts and services under the Central
Government.
• It is also one of the essential qualifications for recruitment to Grades I to IV in the
Accounts Branch of the Central Company Law Service of the Central Government.
• Almost every kind of organization whose affairs are controlled by boards, councils and
other corporate structures be it a co-operative, trust, society, association, federation,
statutory authority, commission, board or the like, finds it useful to appoint a person who
holds the qualifications of Company Secretaryship in key administrative positions.
• Professional Institutes and educational bodies also consider utilization of the services of
Company Secretaries on full or part-time basis for academic or research assignments in
the fields of accountancy, law and management.
• Department of Personnel and Administrative Reforms of the Central Government
empanels Company Secretaries as professionals for assignment of Indian experts to the
developing countries of Asia, Africa and Latin America.

1.6 Company Secretary in Practice


• After obtaining a ‘Certificate of Practice’ from the Institute, members of the Institute can go
for independent practice.
• The Companies Act, 2013 has assigned substantial second order state functions to
Company Secretaries in practice. Listed companies and other companies as may be
prescribed by the rules there under are required to annex to the Board’s Report, a
Secretarial Audit Report from a Practising Company Secretary and any
qualification/observation in the said report needs to be explained in the Board’s Report.
• Similarly, listed companies and other companies having paid up share capital and
turnover as may be prescribed shall get Annual Returns certified by a Practising Company
Secretary may be appointed as an internal Auditor or a registered valuer or a company
liquidator.
• A CS is also authorised to represent before the National Company Law Tribunal,
Appellate Tribunal and various Tribunals and quasi-judicial bodies constituted under other
legislations. He is also eligible to become a Technical Member of the Tribunals.

1.7 Further Academic Pursuits

• The Company Secretaryship qualification has been recognised for admission to the Ph.D
course by 55 universities so far.

• The list of universities, which have recognised CS qualification as equivalent to post


4

graduate for the purposes of doing Ph.D. is available at institute’s website www.icsi.edu.

• The persons who pass the Professional Programme examination of the ICSI and wish to
pursue the Cost Accountancy Course, are entitled to certain paper wise exemptions in the
Institute of Cost Accountant of India [ICAI (Cost)] examinations.

1.8 The Company Secretaries Regulations, 1982

All the students registered with the Institute are governed by the Company Secretaries
Regulations, 1982 (as amended) made under the Company Secretaries Act, 1980 and shall pay
the fees as applicable from time to time.

1.9 Examinations

The Institute conducts its examination in three stages, namely — (1) Foundation Programme
Examination; (2) Executive Programme Examination; and (3) Professional Programme
Examination. Subjects of the examinations are set out below:

Foundation Programme Examination


I. Business Environment and Entrepreneurship
II. Business Management, Ethics and Communication
III. Business Economics
IV. Fundamentals of Accounting and Auditing

Executive Programme Examination

Module I
I. Company Law
II. Cost and Management Accounting
III. Economic and Commercial Laws
IV. Tax Laws and Practice
Module II

V. Company Accounts and Auditing Practices


VI. Capital Markets and Securities Laws
VII. Industrial, Labour and General Laws

Professional Programme Examination

Module I
I. Advanced Company Law and Practice
II. Secretarial Audit, Compliance Management and Due Diligence
III. Corporate Restructuring, Valuation and Insolvency
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Module II
IV. Information Technology and Systems Audit
V. Financial, Treasury and Forex Management
VI. Ethics, Governance and Sustainability

Module III
VII. Advanced Tax Laws and Practice
VIII. Drafting, Appearances and Pleadings
IX. Electives 1 out of below 5 subjects
1. Banking Law and Practice
2. Capital, Commodity and Money Market
3. Insurance Law and Practice
4. Intellectual Property Rights – Law and Practice
5. International Business – Laws and Practices

1.10 Scope and Purpose of the Training Guide

The Institute has devised this Training Guide to provide guidance to all concerned.

This Guide covers various aspects of training of the students registered for the Company
Secretaryship course.

Training Guide provides complete information on training, exemption therefrom and its
procedural requirements applicable both under earlier training structure and the modified
training structure (which was implemented w.e.f. 01.04.2014).

*******************
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CHAPTER II

TRAINING STRUCTURES

2.1 Earlier Training Structure

Earlier training structure is specified under Chapter VII of the Company Secretaries Regulations,
1982. The extract of Chapter VII is placed at ‘Appendix A’

Applicability:

It is applicable to students registered to Intermediate or Executive Programme on or before 31st


March 2014, if they do not opt to comply with the provisions of Chapter VIA i.e. modified training
structure.

Following trainings are applicable for the students under earlier training structure:
(i) Executive Development Programme (EDP )
(ii) Professional Development Programme (PDP)
(iii) Management Training / Apprenticeship Training (15 Months )
(iv) Practical training for 15 days at any specialized agency.
(v) Management Skills Orientation Programme (MSOP)

Student Induction programme (SIP)/ Computer Training:

SIP / Computer training are now discontinued in view of the amendment to the Regulations 40
of the Company Secretaries Regulations 1982 vide Notification dated 01st April, 2014 published
in the Gazette of India. Accordingly, SIP and Computer training are not applicable to any
student of the Company Secretaryship Course w.e.f 1st April 2014.

Management/Apprenticeship training:

Period of training is 15 months. Students are free to undergo training wholly or partly with a
Company Secretary in Practice or a Company or any other entity registered for imparting
training with the Institute.

Training Programmes: There are various in-house training programmes at different stages of
the course conducted by Regional Offices and Chapter of the Institute as under:
(a) Student Induction Programme (SIP) – Student Induction Programme is now discontinued
in view of the amendment to Regulations 40 of the Company Secretaries Regulations
1982 vide Notification dated 01st April, 2014 published in the Gazette of India.
Accordingly, it is not applicable to any student of the Company Secretaryship Course
w.e.f. 1st April 2014. It is now optional for the student to undergo SIP.
(b) Executive Development Programme (EDP) - Duration 8 days, after passing the
Executive Programme (Intermediate Exams) covering the following areas:-
1. Personality Development - and Life Skills – Advanced Concepts (Interpersonal Skills,
Decision Making Skills, Team Spirit, Negotiating Skills)
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2. Computer Literacy and Training (Advance)


3. General awareness of Indian/Global economy, business conditions, Regulatory
Insight, Capital Markets, and opportunities
4. Organisation Structure, Role of ROC/CLB/SEBI/SAT /Stock Exchanges/RBI/CCI/
TRAI/NCLT/NCLTA
5. Drafting of Minutes, Notices, Resolutions, Advance business tools such as internet
browsing, video conferencing etc.
6. Etiquettes, Inter personal skills, Communication skills, Office culture;
7. Significance of training and Code of conduct applicable during training period
EDP is required to be undergone by each student undergoing training under the earlier
training structure.
(c) Professional Development Programme (PDP)- Duration 25 hours after becoming eligible
to undergo 15 months training i.e. after passing Executive Programme examinations.
(d) Management Skills Orientation Programme (MSOP) –Duration 15 days after passing
Professional Programme (Final Exams) covering:-

CORE TOPICS:
1. Leadership skills, Innovation, latest trends in management thoughts.
2. Business strategy, Corporate restructuring through Mergers & Amalgamations, Take
Over, Valuation, Competition Law, Consumer Protection.
3. Cross border transactions, global business scenario.
4. Major tax laws, Double Taxation Treaty Agreements, Service Tax.
5. Corporate Governance, Business Ethics, Sustainability.
6. Meetings, Secretarial Standards, Important provisions of Company Law.
7. Capital Market related topics, Regulatory insight, Exchange related issues.
8. Projects covering diverse areas including corporate laws.
9. Intellectual Property Rights
10. Arbitration, Conciliation, Alternate Dispute Redressal Mechanism
11. Corporate Compliance Management
12. Areas of Practice –Existing & Emerging
13. Understanding Financial Statements
14. Art of Advocacy, Court craft, Pleadings
15. Board Room behaviour, Drafting of Chairmen’s Speech, Directors’ Report
16. Networking skills and business behaviour
17. About ICSI and Code of Conduct
18. Any other Topic of Topical interest.
8

As far as practicable, the mechanism for MSOP should be through Case Studies, Story Telling,
Group Discussions, Role Playing, simulation exercises and the like so as to provide a real-life
particle exposure.

ELECTIVES
1. Behavioral Sciences
2. Listing Compliances, Case Studies
3. Sick Companies and solvency laws
4. NGOs /Micro financing/Cooperative Societies
5. Part IX Companies
6. Practical aspects of Criminal law
7. Inspection and Investigation, Compounding of offences under various laws Companies
Act, FEMA, SEBI
8. VAT-Procedure & Practice
9. Laws relating to Intellectual Property Rights
10. Taxation – Corporate Taxation, Personal Tax Planning & Management, Filing of Returns
11. Private Equity, Venture Capital, Hedge Funds
12. International Trade & Policy
13. Banking & Insurance
14. Cyber laws
15. Stress management

e-EDP/e-MSOP

Centre for Corporate Governance Research and Training of the Institute (ICSI-CCGRT) in
collaboration with Gurukul Online Learning Solutions is also conducting Executive Development
Programme and Management Skills Orientation Programme in electronic form i.e. e-EDP and e-
MSOP. Students can contact, Gurukul Online Learning Solutions (GOLS) at email id
icsi@gols.in and on telephone number - 022-33097600 Extn. 119/125, Mob: 09324372326.

Eligibility Criteria of e-MSOP: The Candidates who have completed Company Secretaryship
Final/ Professional Programme examination two years prior to the making of the application for
undergoing e-MSOP shall be eligible to attend eMSOP.

Training with Specialised Agency: Duration of training with any one specialised agency is 15
days after passing Professional Programme (Final Exams) and completion of 15 months
training. Specialised agencies where 15 days specialized training can be undergone are as
follows:
(i) Registrar of Companies,
(ii) Stock Exchange,
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(iii) Financial or Banking Institutions,


(iv) Management Consultancy Firms,
(v) Office of Official Liquidator,
(vi) Ministry of Corporate Affairs,
(vii) Commodity Stock Exchange,
(viii) Company Law Board,
(ix) Broking firm or companies,
(x) Law firms,
(xi) Limited Liability Partnerships,
(xii) Universities (recognized by UGC),
(xiii) Merchant Bankers,
(xiv) Mutual Funds,
(xv) Insurance Companies,
(xvi) SMEs,
(xvii) Industry Associations/ Chambers of Commerce,
(xviii) All Ministries,
(xix) SEBI,
(xx) IRDA,
(xxi) TRAI,
(xxii) CCI,
(xxiii) Courts,
(xxiv) Tribunals and other quasi-judicial bodies.
(xxv) NBFC

2.2 Modified Training Structure

Applicability:

Modified training structure is specified under the provisions of Chapter VIA of the Company
Secretaries Regulations, 1982. Modified training structure is implemented with effect from 01st
April, 2014 vide Notification no. 710/1(M)/1 (1410GI/14) dated 01st April, 2014 published in the
Gazette of India, Part III, Section 4 (Extraordinary) placed at Appendix B. The modified Training
Structure is applicable to a student registered to the Executive Programme on or after 1st April
2014; and a student registered to the Executive Programme on or before 31st March,2014, if
(s)he opts for the modified training structure in lieu of the earlier structure.
10

Trainings applicable to the students undergoing training under modified training


structure:
(i) Management Training / Apprenticeship Training (1 year/2 years/3 years)
(ii) Management Skills Orientation Programme (MSOP) (For 15 days)

Duration of Training:
(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.

Students are free to undergo training wholly or partly with a Company Secretary in Practice or a
Company or any other entity registered for imparting training with the Institute.

Management Skills Orientation Programme (MSOP) – Duration is 15 days after passing


Professional Programme (Final Exams) covering mainly the following:-

CORE TOPICS:
1. Leadership skills, Innovation, latest trends in management thoughts.
2. Business strategy, Corporate restructuring through Mergers & Amalgamations, Take
Over, Valuation, Competition Law, Consumer Protection.
3. Cross border transactions, global business scenario.
4. Major tax laws, Double Taxation Treaty Agreements, Service Tax.
5. Corporate Governance, Business Ethics, Sustainability.
6. Meetings, Secretarial Standards, Important provisions of Company Law.
7. Capital Market related topics, Regulatory insight, Exchange related issues.
8. Projects covering diverse areas including corporate laws.
9. Intellectual Property Rights
10. Arbitration, Conciliation, Alternate Dispute Redressal Mechanism
11. Corporate Compliance Management
12. Areas of Practice –Existing & Emerging
13. Understanding Financial Statements
14. Art of Advocacy, Court craft, Pleadings
15. Board Room behaviour, Drafting of Chairmen’s Speech, Directors’ Report
16. Networking skills and business behaviour
17. About ICSI and Code of Conduct
18. Any other Topic of Topical interest.
11

As far as practicable, the mechanism for MSOP should be through Case Studies, Story Telling,
Group Discussions, Role Playing, simulation exercises and the like so as to provide a real-life
practical exposure.

ELECTIVES
1. Behavioural Sciences
2. Listing Compliances, Case Studies
3. Sick Companies and solvency laws
4. NGOs /Micro financing/Cooperative Societies
5. Part IX Companies
6. Practical aspects of Criminal law
7. Inspection and Investigation, Compounding of offences under various laws Companies
Act, FEMA, SEBI
8. VAT-Procedure & Practice
9. Laws relating to Intellectual Property Rights
10. Taxation – Corporate Taxation, Personal Tax Planning & Management, Filing of Returns
11. Private Equity, Venture Capital, Hedge Funds
12. International Trade & Policy
13. Banking & Insurance
14. Cyber laws
15. Stress management

2.3 Comparative Table showing Earlier Training Structure and Modified Training
Structure at a glance
Components of Training Duration of Earlier Training Modified Training
training Structure Structure
Computer Training Seventy hours Not Applicable Not Applicable
Student Induction Seven days Not Applicable Not Applicable
Programme(SIP) (after taking
registration in
Executive
Programme)
Executive Development Eight days Applicable Not Applicable
Programme(EDP) (After passing
Executive
Programme)
Long Terms Internship -- Fifteen months Three years on
with specified entities (After passing registration to Executive
Executive Programme;
12

Programme) or
Two years after passing
the Executive
Programme;
or
One year after passing
the Professional
Programme.
Professional Twenty-five Applicable Not Applicable
Development hours
Programme ( PDP)
Training with Fifteen days Applicable Not Applicable
specialised agency
Management Skills Fifteen days Applicable Applicable
Orientation Programme
( MSOP)

2.4 Procedure for switching over to modified training structure:


(i) Any student registered in Executive programme on or before 31st March, 2014, is
eligible for undergoing training as per earlier training structure. But if he/she wishes,
he/she has option to switch over to modified training structure also.
(ii) For opting for switchover to modified training structure, student is required to apply in the
specified format given at Appendix C.
(iii) No fee is payable for applying for switchover.
(iv) Along with this format, student must attach the copy of confirmation letter issued by the
company / or Practising Company Secretary/or other organization confirming to take
him/her as trainee.
(v) Firstly, the student is to decide whether he/she wishes to start Management Training/
apprenticeship training immediately after taking registration in CS Executive
Programme/or after passing CS Executive Programme/or after passing CS Professional
Programme.
(vi) After that he/she should contact the company / PCS where he/she wishes to undergo
training. He/she should appear in interview & pass the same. When concerned company
or PCS has given him/her letter of confirmation, then alongwith a copy of that
confirmation letter the student concerned is to apply to institute for issuing of
sponsorship letter. This letter is also required to be attached with the switch-over form.
(vii) Student opting for switchover from earlier training structure to modified training structure
will not get any credit or exemption for any period of training already undergone by them
under the earlier training structure, i.e. student will not get any exemption for that
duration under the modified training structure. In such cases the training under the
modified training structure will start afresh.
*******************
13

CHAPTER III

INFORMATION AND PROCEDURES RELATED TO


15 MONTHS/3 YEARS/2 YEARS/1 YEAR TRAINING
3.1 Organizations where 15 months/3 years/2 years/1 year training can be undergone:

Training either under earlier training structure or under modified training structure can be
undergone with the following organizations, which are registered with the Institute for
imparting 15 months Training:

(i) COMPANIES

Companies (whether public or private; listed or unlisted) having paid up share capital of
Rupees fifty lacs or more are eligible for registration with the Institute for imparting training
to CS students

(ii) MINISTRY OF CORPORATE AFFAIRS AND ITS OFFICES

(Registrar of Companies, Regional Director, Official Liquidator etc.);

(iii) BANKS

All banks recognised by RBI are considered equivalent to companies for the purpose of
imparting training without the limiting factor of paid up share capital;
(iv) LAW FIRMS, CONSULTANCY FIRMS, FINANCIAL INSTITUTIONS, LIMITED LIABILITY
PARTNERSHIPS

Law Firms, Consultancy Firms, Financial Institutions, Limited Liability Partnerships are
allowed to impart training to the students of the Institute.

(v) GOVERNMENT BODIES / DEPARTMENTS and PUBLIC SECTOR UNDERTAKINGS

Training can be undergone with Government bodies / departments, Public Sector


Undertakings, Statutory bodies and the same are to registered for imparting training;

(vi) COMPANY SECRETARIES IN PRACTICE

Training can be undergone with Company Secretary in whole-time practice or a firm of such
Company Secretaries, who are members of the Institute, registered for imparting training

The students are advised to ensure that the Company/Organization/PCS is Registered with
the Institute for imparting training before the commencement of the training.

3.2 Procedure for registration of companies and other organisations for imparting 15
months/3 years/2 years/1 year training

For registration of company and other organisation for imparting training the paid up share
capital of the company should not be less than Rs. 50 lacs It should have facilities to impart
training in various departments particularly Secretarial (Shares & Legal), Finance & Accounts
(including Costing, Management Accounting, Internal Audit & Taxation), Administration
14

(including Personnel, General Administration, Industrial & Public Relations, Marketing & Material
Management etc.).

Documents required for registration of companies and other organisation for imparting training:-
(i) A duly signed request letter from company on its letter head having details of paid up
share capital, number of trainees to be accommodated in a year, amount of stipend
payable to trainees.
(ii) A certified true copy of latest balance sheet of the company and other organisation (for
registration of Banks and Government bodies Balance Sheet is not required).
(iii) No fee is payable for registration of company / other entity for imparting training.

3.3 Procedure for registration of Law Firm, Consultancy Firms Financial Institutions,
Limited Liability Partnerships for imparting 15 months/3 years/2 years/1 year training

Guidelines and eligibility criteria for registration of Law Firms, Consultancy Firms, and Financial
Institutions for imparting training are available at training link on the website of the Institute
www.icsi.edu: -

Documents required for Registration:-


(i) For registration of law firm for imparting training-
• A duly signed request letter from authorised signatory on letter head of the law firm
having details of number of partners enrolled as an Advocate with their names, trainees
to be accommodated in a year, amount of stipend payable to trainees, brief profile of the
firm including work areas, infrastructure available for training etc.
• Law firms having partners are eligible to be registered to impart training to CS students.
Proprietorship law firm is not allowed to be registered with the institute for imparting
training to CS students.
(ii) For registration of Consultancy firm for imparting training-

A duly signed request letter from authorised signatory on letter head of the consultancy
firm having details of number of partners with their names, trainees to be accommodated
in a year, amount of stipend payable to trainees, brief profile of the firm including work
areas, infrastructure available for training etc.
(ii) For registration of Financial Institution for imparting training-
• A duly signed request letter from authorised signatory on letter head of financial
institution having details of fixed assets, standing
• Number of trainees to be accommodated in a year
• Amount of stipend payable to trainees
• Brief profile, infrastructure available for training etc. along with document of registration or
approval of the prescribed authority as may be required under the applicable laws
• Authenticate document indicating gross fixed assets minimum of Rupees Ten lacs only
(preferably balance sheet)
• Having standing of at least ten years of the concerned financial institution
15

(iv) For registration of Limited Liability Partnerships for imparting training-


• A duly signed request from authorised signatory on letter head of the LLP having
complete details of all the partners, copy of Certificate of Incorporation
• LLP agreement
• Number of trainees to be accommodated in a year
• Amount of stipend payable to trainees
• Brief profile of the LLP including work areas
• Infrastructure available for training etc.

3.4 Procedure for registration of a Company Secretary in Practice for imparting 15


months/3 years/2 years/1 year training

For getting registered with the Institute for imparting training to the students, a Company
Secretary in Practice is required to submit duly filled application form as prescribed by the
Institute. The application form is placed at Appendix D. After approval a registration number is
allotted to the Company Secretary in Practice.

3.5 Procedure for searching 15 months/3 years/2 years/1 year training


1. Students may directly apply for getting training with resumes to the Companies,
Company Secretaries in Practice and other organisations/entitites registered with the
Institute for imparting training. They may take personal interview of the candidate / or
may have interaction with the candidate and subsequently if selected, they will issue a
confirmation letter/letter of offer/appointment letter to the student.
2. List of companies /organisation (including law firm, consultancy firms etc.) and list of
Company Secretaries in Practice registered for imparting training are available at the
Institute website (www.icsi.edu), which can be searched by selecting the available
options.
3. Contact the nearest Regional/Chapter office of the Institute for getting information of
local vacancies and seeking assistance for training. Some Regional offices / Chapters
place the information on their notice board.
4. Companies, other organisations/entities and Practising Company Secretaries / firms of
Company Secretaries which are not registered with the Institute can also be registered
by submitting the necessary documents required for registration.
5. For seeking assistance in searching training from the Institute, students are required to
submit resume, copy of completion certificate of Executive Development Programme
(applicable in earlier training) to the Training Section for forwarding the details/resumes
to the Companies, Company Secretaries in Practice and other organisations / entities,
as per available vacancies for further short-listing and interview at their end.

3.6 Procedure for registration of 15 months/3 years/2 years/1 year Training with the
company/organisation (including law firm, consultancy firms etc.)
(i) After selection by the company/organisation (including law firm, consultancy firms etc.)
the student concerned would forward copy of appointment letter indicating the date of
commencement along with prescribed Training Form (Appendix E) and copy of
Completion Certificate of Executive Development Programme (in case of earlier training
16

structure only) to the Institute for registration of training.


(ii) The Institute forwards the training registration letter to the company/organisation
(including law firm, consultancy firms etc.) with a copy of the same to the concerned
student.
(iii) After receiving such training registration letter from the Institute, student may commence
training.
(iv) It is necessary to submit the appointment letter within 15 days of commencement of
training.

3.7 Procedure for registration of 15 months/3 years/2 years/1 year training with Company
Secretary in Practice
(i) Firstly, ensure whether the Company Secretary in Practice is registered with the Institute
for imparting training. (List of Company Secretary in Practice is registered with the
Institute for imparting training is available on training page at website www.icsi.edu);
(ii) Ensure whether the Company Secretary in Practice is eligible to take trainee with regard
to the entitlement of maximum number of trainees of the concerned Company Secretary
in Practice registered for imparting training with the Institute;
(iii) Candidate may apply in the prescribed training form (Appendix E)for the issuance of
sponsorship letter i.e. bio-data letter before commencement of training;
(iv) After selection, a contract for training in the prescribed format (Appendix F) (as per the
Apprenticeship Training Guidelines, 1982 as amended from time to time and available at
training page on the website www.icsi.edu) has to be executed between the Company
Secretary in Practice and the student concerned. The Trainer and the student have to
keep one copy of the contract;
(v) Within 15 days of execution of contract for apprenticeship, the Company Secretary in
Practice/ student has to submit a copy of contract, the particulars as prescribed in Part A
& B with regard to employer and trainee, copy of completion certificate of EDP (in case
of earlier training structure only) and Executive Programme pass mark-sheet with the
Institute for registration of training with the Institute;
(vi) the Institute after taking the training on record will issue 15 months / 1 year / 2 year / 3
year training registration letter to the Company Secretary in Practice with a copy to the
student.

3.8 Procedure for transfer of 15 months/3 years/2 years/1 year training in between
training period to any other company /organisation (including law firm, consultancy
firms, financial institutions etc.) or Company Secretary in Practice

For transfer of training in between the training period to some other company/organisation
(including law firm, consultancy firms etc.) or Company Secretary in Practice registered for
imparting training with the Institute, the student has to submit a Certificate of Discontinuation of
Training in the prescribed format (Appendix H) along with the “No Objection Certificate” from the
previous trainer and has to follow the same procedure for undergoing remaining period of
training as applicable in case of first trainer with regard to submission of sponsorship letter,
appointment letter, Contract for apprenticeship etc. with the Institute.
17

3.9 Limit of number of trainees with a Company

There is no limit for maximum number of trainees to be imparted training by a Company or other
organization. It is entirely at the discretion of the company/organization concerned.

3.10 Limit of number of trainees with Law Firm/ Consultancy Firm/Financial Institution

Consultancy Firms/Law firms shall be entitled to have maximum five trainees per partner of the
respective Consultancy firm/Law firm at a time. However, there is no restriction of maximum
number of trainees for Financial Institutions.

3.11 Limit of number of trainees with Company Secretary in Practice

Number of trainees to be sponsored by the Company Secretary in Practice (PCS) including a


partner in a firm of Company Secretaries, will be equal to the number of years of continuous
practice of the concerned member subject to a maximum of twenty trainees.

A PCS with two years of continuous practice will be entitled to engage only one trainee.

If the PCS surrenders his certificate of practice and starts his practice after a gap, he will be
entitled to have the same number of trainees as he was entitled when he surrendered his
certificate of practice.

3.12 Working Hours

The candidates undergoing training with Company Secretaries in Practice shall be required to
work during normal hours during the training period which shall not be less than 6 hours a day
for 5 days in a week.

Minimum working hours has not been specified in case of training with Companies and other
organisations (including Law Firm/ Consultancy Firm). However, the working hours as specified
for training with Company Secretaries in Practice may be followed in case of training with
Companies and other organisations (including Law Firm/ Consultancy Firm).

3.13 Stipend

The minimum amount of stipend payable to the students is as follows:


Students who are Executive Passed Professional Passed
undergoing training Students students
after taking
registration in
Executive
Programme
If undergoing training Minimum amount of Minimum amount of Minimum amount of
under PCS Rs 2000/- per month Rs 3000/- per month Rs 4000/- per month
If undergoing training Minimum amount of Minimum amount of Minimum amount of
at Company /other Rs 3000/- per month Rs 4000/- per month Rs 5000/- per month
entities
18

It is clarified that if any student is already undergoing training for 15 months / 3 years / 2 years /
1 year and during the period at any time he/she passes examination of Executive Programme /
or Professional Programme, then his/her stipend for remaining period of training shall also get
changed in accordance to the above table as applicable to higher stage.

3.14 Leave

Number of leaves to be availed by the students under the earlier training structure & modified
training structure is as given below: -
Earlier training Modified Training Structure
structure
15 months 3 years training 2 years training 1 year training
training
Students Not applicable 36 days casual Not applicable Not applicable
registered in leave
Executive + 72 days
Programme leaves for
study &
examinations
Students 15 days casual Not applicable 24 days casual Not applicable
passed leave leave
Executive + 30 days + 48 days
Programme leaves for leaves for
study & study &
examinations examinations
Students 15 days casual Not applicable Not applicable 12 days casual leave
passed leave
Professional
Programme

It is further clarified that: -


(i) One casual leave can be availed for each month of training undergone.
(ii) Any un-used casual leaves shall be lapsed at the end of training period.
(iii) Leaves applicable for study & examinations are to be granted for appearing in CS
examinations only.
(iv) If any student is doing some part of training at one company/organization/PCS and
remaining part of training at another company/organization/PCS, then leaves shall be
calculated on pro-rata basis.
(v) If at any stage any student has passed examinations of all modules of Professional
Programme, then he /she shall be no more eligible for leave allocated for study &
examinations. He /she shall only be eligible to avail the casuals leave on pro-rata basis
for his/her remaining period of training.
(vi) If any student takes leaves during training period more than his/her entitlements, his/her
training period shall get extended for the number of days he/she has exceeded the limit.
19

(vii) Sundays & holidays falling in between the period of leave availed for the purpose of
study & examinations shall be counted for the number of days leaves availed. Whereas
if availing casual leaves, Sundays & holidays falling in between shall not be counted.
(viii) A student while undergoing 15 months or 3 years or 2 years training and if he/she
passes Professional Programme examination in between then after passing the
Professional Programme examination, he/she shall be eligible to avail casual leave @ 1
day per month only for the remaining period of training.

3.15 Quarterly Reports

During training period, a trainee has to submit duly filled Quarterly Report in prescribed format
(Appendix G) on completion of every quarter.

Number of quarterly reports to be submitted with the Institute is as under: -


15 months training - 05 Quarterly Reports
3 years training - 12 Quarterly Reports
2 years training - 08 Quarterly Reports
1 year training - 04 Quarterly Reports

3.16 Project Report

During training period, a trainee has to prepare a Project Report on any one of the prescribed
Topics during the last quarter of training. The trainee is required to submit the Project Report to
his/her trainer and to submit a copy of the Project Report duly signed by the trainer with the
Institute on completion of training period. Topics for preparation of Project Report are given at
Appendix K.

3.17 Training Completion Certificate

On completion of training period, the trainee shall be required to submit a Training Completion
Certificate in the prescribed format (Appendix I) with the Institute.

Trainees are advised to take the Training Completion Certificate in duplicate and to keep one
copy of the same for future reference and records.

***************
20

CHAPTER IV
INFORMATION AND PROCEDURES RELATED TO
SIP/EDP/PDP/MSOP
4.1 Student Induction Programme (SIP)

Consequent upon amendment to the Company Secretaries Regulations, 1982 vide notification
dated 1st April, 2014, Student Induction Programme (SIP) is not compulsory for the students
undergoing training under the earlier training structure or under the modified training structure.

4.2 Executive Development Programme (EDP) (Applicable to the students undergoing


training under the earlier training structure)

• Executive Development Programme is an eight days programme conducted by all the


Regional Councils and Chapters on regular basis.

• Students eligible to undergo 15 months training are required to attend EDP.

• Student has to submit an application in the prescribed form along with a copy of Executive
Programme pass certificate with the concerned/nearest Regional Council/Chapter office of
the Institute along with the prescribed fee which is presently Rs.1000/- (Rupees One
thousand Only) for EDP.

• For e-EDP applications are required to be submitted with ICSI-CCGRT, Mumbai


(Belapur).

• On completion of EDP, the students shall be awarded a certificate of completion of EDP


by the concerned Regional or Chapter office.

• There is no provision for exemption from EDP. However, EDP is not applicable for the
students who have been granted exemption from undergoing management/apprenticeship
training.

4.3 Professional Development Programme (PDP)(Applicable to the students undergoing


training under the earlier training structure)

• Professional Development Programmes are conducted by all the Regional Councils and
Chapters for the benefit of members & students on regular basis.

• Students eligible to undergo 15 months trainings are required to attend 25 hours of


Professional Development Programme.

• A student can attend Professional Development Programme organized by the Regional


Councils/Chapters/Head Quarter from time to time.

• Student has to submit an application in the prescribed form along with a copy of Executive
Programme pass marks sheets with the concerned Regional Council/ Chapter along with
the prescribed fee.

• For PDP students are required to pay fee as may be fixed for the programme time to time.
However, the Regional Councils/ Chapters have been advised to charge a concessional
fee from the students attending Professional Development Programme.
21

• On completion of PDP, the students shall be awarded a certificate of completion of PDP


by the concerned Regional or Chapter office.

• There is no provision for exemption from PDP. However, PDP is not applicable for the
students who have been granted exemption from undergoing 15 months training.

4.4 Management Skills Orientation Programme (MSOP)(Applicable to the students


undergoing training under the earlier training structure and the modified training
structure)

• Management Skills Orientation Programme (MSOP) is a fifteen days programme


conducted by CCGRT, Regional Councils and designated Chapters (A grade) on regular
basis. ICSI-CCGRT is also conducting residential MSOP on regular basis.

• A candidate who has passed Professional Programme/ Final examinations of the Institute
after completion of all the training requirements or exempted thereof is eligible to attend
MSOP.

• MSOP is applicable under earlier training structure as well as under modified training
structure. MSOP is compulsory and there is no exemption from MSOP.

• ICSI-CCGRT is conducting e-MSOP also. The Candidates who have completed Company
Secretaryship Final/ Professional Programme examination two years prior to the date of
application for undergoing e-MSOP shall be eligible to attend e-MSOP.

• On completion of MSOP, the candidates shall be awarded a certificate of completion of


MSOP by the CCGRT or the concerned Regional or Chapter office.

4.5 Computer Training:

Consequent upon amendment to the Company Secretaries Regulations, 1982 vide notification
dated 1st April, 2014, Computer Training is not required to be undergone by the students
undergoing training under the earlier training structure or under the modified training structure.

************
22

CHAPTER V
INFORMATION AND PROCEDURES RELATED TO
15 DAYS SPECIALIZED TRAINING
5.1 Applicability:

• 15 days specialized training is applicable under the earlier training structure only.

• A candidate after passing Professional Programme/Final examination is required to


undergo training for 15 days (working days) with any one of the specialised agencies or
exempted thereof.

5.2 Specialised Agencies where 15 days training can be undergone:

Office of Registrar of Companies, Stock Exchange, Financial or Banking Institutions,


Management Consultancy Firms, Office of Official Liquidator, Ministry of Corporate Affairs,
Commodity Stock Exchange, Company Law Board, Broking firms or companies, Law firms,
LLPs, Universities (recognized by UGC), Merchant Bankers, Mutual Funds, Insurance
Companies, SMEs, Industry Associations/Chambers of Commerce, all Ministries, NBFC, SEBI,
IRDA, TRAI, CCI, Courts, Tribunals and other quasi-judicial bodies which are registered with the
Institute for imparting 15 days training.

5.3 Procedure to undergo 15 days specialized training


(i) Submit an application with the Institute for issuance of sponsorship letter for undergoing
15 days training specifically mentioning the name of the specialized agency along with a
copy of Final/Professional Programme pass marksheets and training completion
certificate.
(ii) The Institute will issue sponsorship letter to the concerned specialized agency for
arranging the 15 days training with a copy to the concerned student.
(iii) After completion of 15 days training, the concerned specialized agency will issue a 15
days training completion certificate which shall be submitted with the Institute for
records.

Note: For exemption from undergoing 15 days specialised agency, please refer Chapter VI of
this booklet.

************
23

CHAPTER VI
INFORMATION AND PROCEDURES RELATED TO EXEMPTION FROM
UNDERGOING 15 MONTHS/1 YEAR/15 DAYS TRAINING (SPECIALISED)
6.1 Information on Exemption from undergoing 15 months and 15 days specialised
training under the earlier training structure

Exemption from undergoing 15 months training and 15 days specialised training can only be
claimed on the basis of possessing work experience after passing the Final/Professional
Programme Examination provided the student fulfils the requirements of Chapter VII of the
Company Secretaries Regulations, 1982.
(a) Required work experience for claiming exemption from undergoing management training
of 12 months (regulation 48) is briefly given as under:-
(i) One year experience as an Assistant/Deputy Company Secretary or any other post
higher thereto in the Secretarial Department or three years experience as a
Secretarial Officer/Executive in Secretarial Department in any company or body
corporate having a paid-up share capital and reserves of not less than rupees
twenty-five lakhs or any organisation having gross fixed assets of not less than
rupees fifty lakhs including any public sector undertaking, autonomous or statutory
body, financial institution or bank which in the opinion of the Council provides scope
for acquiring sufficient professional experience;
(ii) two year’s experience as an executive or three years experience as an assistant
under a Company Secretary in whole time practice or in a firm of such Company
Secretaries, which in the opinion of the Council provides scope for acquiring
sufficient professional experience;
(iii) three years experience of continuous practice on a whole-time basis as a Chartered
Accountant or Cost Accountant having carried out statutory /cost /internal audit or
providing management consultancy services or three years experience of continuous
practice as an Advocate in a high Court having rendered services as
Counsel/Advisor to a Company having paid –up share capital and services of not
less than rupees twenty –five lakhs or any organisation having gross fixed assets of
not less than rupees fifty lakhs including any public sector undertaking, autonomous
or statutory body, financial institute or bank which in the opinion of the Council
provides scope for acquiring sufficient professional experience.
(iv) three years experience as an executive or four years experience as an assistant in
the secretarial, administration, accounts, finance, personnel or legal department in
any company or body corporate having a paid-up share capital and reserves of not
less than rupees twenty five lakhs or any organisation having fixed assets of not less
than rupees fifty lakhs including Central/State Government, any Public Sector
Undertaking, autonomous or statutory body, financial institution , banking or
insurance company which in the opinion of the Council provides scope for acquiring
sufficient professional experience.
Applications claiming exemption from undergoing training are examined and processed
on case to case basis and a candidate may be granted exemption from undergoing 12
24

months management training (Regulation 48) and required to undergo balance 3 months
practical training of one month each on Secretarial Department, Finance & Accounts
Department and Administration Department and 15 days training with any one
specialised agency (Regulation 50).
For information and procedure on balance 3 months practical training (Regulation 50),
please refer Chapter VII of this booklet
(b) A candidate possessing one year experience as an Assistant/Deputy Company
Secretary or any other post higher thereto in the Secretarial Department in a company or
body corporate having a paid up share capital and reserves of not less than Rs.25 lacs
or any organization having gross fixed assets of not less than Rs.50 lacs including any
Public Sector Undertaking, Autonomous body, Financial Institution or Bank, which in the
opinion of the Council, provides scope for acquiring sufficient professional experience
(Regulation 51) may be granted exemption from undergoing 3 months’ practical training
of one month each on Secretarial Department, Finance & Accounts Department and
Administration Department and from undergoing 15 days training with any one
specialised training also in addition to grant of exemption from undergoing 12 months
management training.
(c) A candidate who has acquired practical experience as specified in point (a) above
(Regulation 48) may be exempted, for a maximum period of one month in any one of the
three areas of Practical Training and for a maximum period of fifteen days in a
specialized agency (Regulation 50), provided the candidate gives documentary evidence
to show that he has acquired substantial portion of his practical experience in that area.
(d) Any person not falling in all or any respects with regard to practical experience and
practical training requirements as specified above (Regulations 48, 51 and 52) but
claims to have acquired practical experience and undergone practical training,
equivalent to those specified under these regulations may apply for full or partial
exemption from acquiring practical experience or undergoing practical training as the
case may be and the Council may determine each case for partial or total exemption
taking into account the evidence produced by such person or after interviewing him.
(Regulation 53)

6.2 Procedure for claiming exemption from undergoing 15 months training and 15 days
specialised training under the earlier training structure

A candidate who want to claim exemption from undergoing 15 months training and 15 days
specialised training under earlier training structure has to submit the following documents with
the Institute:
a. Application Form for Management /Apprenticeship/ Practical Training/ Exemption from
undergoing Training. (APPENDIX E)
b. Experience Certificate (s) indicating exact designation, duration of service, salary drawn,
job contents in brief duly signed by the appropriate authorized signatory of the employer
organization.
c. Certified copy of Balance Sheet(s) in respect of the organization(s)
d. Organization Chart indicating the position in the organizational hierarchy duly certified by
the authorized signatory of employer organization.
e. Salary slip for the beginning and last pay drawn from the organization(s)
f. Appointment letter from past/present employer.
25

6.3 Information on Exemption from undergoing 1 year training under the modified
training structure

Exemption from undergoing one year training under the modified training structure can only be
claimed on the basis of possessing work experience after passing the Final/Professional
Programme Examination provided the student fulfils the requirements of Chapter VIA of the
Company Secretaries Regulations, 1982.

(a) Required work experience for claiming exemption from undergoing one year practical
training (Regulation 46AB) is briefly given as under:-

(i) (a) One year experience as an Assistant Company Secretary or Deputy Company
Secretary or any other post equivalent or higher thereto in the Secretarial
Department; or (b) two years’ experience as a Secretarial Officer or Executive or
any other post equivalent or higher thereto; or (c) three years experience as an
Assistant or any other post equivalent or higher thereto in Secretarial Department in
any company or body corporate having a paid-up share capital of not less than fifty
lakh rupees or turnover of not less than ten crore rupees or in any public sector
undertaking, autonomous or statutory body, financial institution or bank which in the
opinion of the Council provides scope for acquiring sufficient professional
experience; or

(ii) (a) Two years’ experience as Secretarial Officer or Executive or any post equivalent;
or (b) three years’ experience as an Assistant or any other post equivalent or higher
thereto under a Company Secretary in whole time practice or in a firm of Company
Secretaries, which in the opinion of the Council provides scope for acquiring
sufficient professional experience; or

(iii) (a) Two years’ experience of continuous practice on a whole-time basis as a


Chartered Accountant or a Cost Accountant having carried out statutory or cost or
internal audit or providing management consultancy services; or (b) two years
experience of continuous practice as an Advocate in a high Court having rendered
services as Counsel or Advisor to a Company having paid–up share capital and
reserves of not less than fifty lakhs rupees or any organisation having gross fixed
assets of not less than one crore rupees, or in any public sector undertaking,
autonomous or statutory body, financial institute or bank which in the opinion of the
Council provides scope for acquiring sufficient professional experience; or

(b) Any person not falling in all or any respects with regard to practical experience and
practical training requirements as specified in point (a) above (Regulation 46AB) but
claims to have acquired practical experience and undergone practical training,
equivalent to those specified under these regulations may apply for full or partial
exemption from acquiring practical experience or undergoing practical training, as the
case may be, and the Council may determine each case for partial or total exemption
taking into account the evidence produced by such person or after interviewing him.
(Regulation 46AC)
26

6.4 Procedure for claiming exemption from undergoing 1 year training under the
Modified training structure

A candidate who wants to claim exemption from undergoing one year training under the
modified training structure has to submit the following documents with the Institute:
a. Application Form for Management /Apprenticeship/ Practical Training/Exemption from
undergoing Training. (APPENDIX E)
b. Experience Certificate (s) indicating exact designation, duration of service, salary drawn,
job contents in brief duly signed by the appropriate authorized signatory of the employer
organization.
c. Certified copy of Balance Sheet(s) in respect of the organization(s)
d. Organization Chart indicating the position in the organizational hierarchy duly certified by
the authorized signatory of employer organization.
e. Salary slip for the beginning and last pay drawn from the organization(s)
f. Appointment letter from past/present employer.

Please refer the Checklist of exemption related document is placed at APPENDIX J.

************
27

CHAPTER VII

INFORMATION AND PROCEDURE RELATED TO BALANCE 3 MONTHS


PRACTICAL TRAINING (REGULATION 50) FOR THOSE WHO HAVE
BEEN GRANTED PARTIAL EXEMPTION FROM UNDERGOING 15
MONTHS TRAINING UNDER THE EARLIER TRAINING STRUCTURE

7.1 Information on balance 3 months Practical Training (Regulation 50)

Candidates who have been granted exemption on the basis of working experience from
undergoing 12 months or more training under Chapter VII of the Company Secretaries
Regulations, 1982 are required to undergo balance training of 03 months or less period, as the
case may be, for one month each in Secretarial Department, Finance & Accounts Department
and Administration Department is termed as Practical Training (Regulation 50).

7.2 Where balance 3 months Practical Training (Regulation 50) can be undergone

Balance 3 months practical training can be undergone only with those Companies/Entities which
are registered with the Institute for imparting 03 months Practical training to the students.
Company Secretaries in Practice registered for imparting 15 months training are also eligible to
impart balance 3 months practical training.

7.3 Procedure for registration of Company for imparting 3 months Practical Training
(Regulation 50)

For imparting 3 months practical training, the paid up share capital of the company should not
be less than Rs.25 lacs. It should have facilities to impart 03 Months Practical Training in
various departments particularly Secretarial (Shares & Legal), Finance & Accounts (including
Costing, Management Accounting, Internal Audit & Taxation), Administration (including
Personnel, General Administration, Industrial & Public Relations, Marketing & Material
Management etc.).

Following documents are required for registration of companies for imparting 03 months
practical training:
(i) A duly signed request letter from company on its letter head having details of paid up
share capital, number of trainees to be accommodated in a year, amount of stipend
payable to trainees.
(ii) A certified true copy of latest balance sheet of the company and other organisation (for
registration of Banks and Government bodies for imparting training, Balance Sheet is not
required)
(iii) No fee is payable for registration of company for imparting training.

7.4 Procedure for undergoing 03 months Practical training with a Company

Candidate has to follow the procedure as given below:


(i) A student has to submit an application with the Institute in prescribed training form
28

specifically mentioning the name of the company/entity registered with the Institute for
imparting 03 months Practical Training for issuance of sponsorship letter.
(ii) The Institute will issue sponsorship letter to the concerned company for arranging the
Practical training of the student with a copy to the student. Student can commence the
training only on the basis of sponsorship letter issued by the Institute.
(iii) The company will intimate the date of commencement of the training of the student to
the Institute for record.
(iv) The company will issue a training completion certificate on completion of the training for
record. (APPENDIX I)

7.5 Procedure for undergoing 03 months Practical training with a Company Secretary in
Practice

Procedure for undergoing 03 months Practical Training with a Company Secretary in


Practice is same as in the case of 15 months training as specified in chapter III with a
variation with regard to the period of training only.

************
29

CHAPTER VIII

DISCIPLINARY ACTION IN CONNECTION WITH TRAINING INCLUDING


MANAGEMENT SKILLS ORIENTATION PROGRAMME
8.1 Disciplinary action in connection with training including Management Skills
Orientation Programme

Regulation 55A and Regulation 46AF of the Company Secretaries Regulations, 1982 provides
provisions related to disciplinary action in connection with training including Management Skills
Orientation Programme.

Extract of Regulation 55A and Regulation 46AF are as under: -

“55A. Disciplinary action in connection with training including Management Skills


Orientation Programme

In the event of any misconduct by a candidate undergoing training including management


skills orientation programme, the Council or the Disciplinary Committee may suo-moto or on
receipt of a complaint, if it is satisfied that the misconduct is proved after such investigation
as it may deem necessary after giving him an opportunity of being heard, reprimand the
candidate or cancel or suspend his registration as a student or suspend or debar him from
appearing in any one or more examinations of the Institute or direct that any period of
training already undergone shall not be reckoned for the purposes of Regulation 48 or
Regulation 50 or declare that such a candidate is not fit and appropriate person to be
admitted to the Associate Membership of the Institute.

Explanation—For the purposes of this Regulation ―”misconduct” shall include ― “a


behaviour in a disorderly manner in relation to the Institute or in or near the place where
undergoing training, breach of any regulation, condition, guideline or direction laid down by
the Institute, malpractice with regard to training or resorting to or attempting to resort to
unfair means in connection with the undergoing of training or seeking exemption from
undergoing the training or for breach of any policies, rules and regulations for the
organisation in which he/she is undergoing training”.

“46AF. Disciplinary action in connection with training including Management Skills


Orientation Programme

In the event of any misconduct by a candidate undergoing training including management


skills orientation programme, the Council or the Disciplinary Committee may suo-moto or on
receipt of a complaint, if it is satisfied that the misconduct is proved after such investigation
as it may deem necessary after giving him an opportunity of being heard, reprimand the
candidate or cancel or suspend his registration as a student or suspend or debar him from
appearing in any one or more examinations of the Institute or direct that any period of
training already undergone shall not be reckoned for the purpose of regulation 46AB or
declare that such a candidate is not fit and appropriate person to be admitted to the
Associate Membership of the Institute.

Explanation: For the purposes of this regulation, the expression “misconduct” shall include
30

“a behaviour in a disorderly manner in relation to the Institute or in or near the place where
undergoing training, breach of any regulation, condition, guideline or direction laid down by
the Institute, malpractice with regard to training or resorting to or attempting to resort to
unfair means in connection with the undergoing of training or seeking exemption from
undergoing the training or for breach of any policies, rules and regulations for the
organisation in which he is undergoing training;”

************
31

CHAPTER IX

APPLYING FOR MEMBERSHIP OF THE INSTITUTE


9.1 Procedure of applying membership of the Institute

A person who has passed the Intermediate/Executive Programme examination and Final
Examination/ Professional Programme examination of the Institute and has undergone
prescribed training or exempted therefrom on the basis of experience is eligible to apply for
Associate membership of the Institute provided he has attained the age of 21 years on the date
of application as per the Matriculation/school leaving certificate. An application for Associate
membership of the Institute is to be made in the approved Form-A (Appendix I) along with the
following:
(i) Rs. 1500/-as Entrance fee and Rs. 1125/- as Annual Associate Membership Fee (Rs.
562.50 if admitted during October-March,);
(ii) Certificate of fitness from two members of the Institute having 3 years standing:
(iii) copy of all training related documents/ certificates such as EDP certificate, PDP
certificate, MSOP certificate, 15 days Specialised Training Completion Certificate and 15
months/3 years/2 years/1 year Training Completion Certificate, letter granting exemption
from training: if any.
(iv) photocopies of certificates of date of birth and degree Examination(s) attested by any
member of the Institute or any Officer of the Institute of the rank of Section Officer or
above and certificate of Indian Domicile in original along with Photostat copy thereof, if
applicable.

************
32

APPENDICES
33

APPENDIX A
Chapter VII of the Company Secretaries Regulations, 1982
Practical Experience and Training Requirements
47. Practical Experience and Training

A candidate who has passed the Final Examination or Professional Programme Examination of
the Institute shall be required to possess the practical experience and undergo the practical
training or be exempted therefrom as specified in this Chapter for becoming eligible to Associate
Membership of the Institute.

48. Practical Experience or Training

Every candidate registered as a student on or after the commencement of the Company


Secretaries (Amendment) Regulations, 2001 (including a student registered de novo) and
passing the Final Examination or Professional Programme Examination of the Institute and
every candidate registered as a student before the commencement of the said regulations and
who has not completed the training in accordance with the regulations in force within five years
of date of his registration shall be required either:
(a) to possess practical experience to the satisfaction of the Council in any one of the
following manners, namely:
(i) One year‘s experience as an Assistant/Deputy Company Secretary or any other post
higher thereto in *the Secretarial Department or three years‘ experience as a
Secretarial Officer/Executive in Secretarial Department in any company or body
corporate having a paid-up share capital and reserves of not less than rupees
twenty-five lakhs or any organization having gross fixed assets of not less than
rupees fifty lakhs including any public sector undertaking, autonomous or statutory
body, financial institution or bank which in the opinion of the Council provides scope
for acquiring sufficient professional experience;
(ii) two years‘ experience as an executive or three years‘ experience as an assistant
under a Company Secretary in whole-time practice or in a firm of such Company
Secretaries, which in the opinion of the Council provides scope for acquiring
sufficient professional experience;
(iii) three years‘ experience of continuous practice on a whole-time basis as a Chartered
Accountant or Cost Accountant having carried out statutory/cost/Internal audit or
providing management consultancy services or three years‘ experience of
continuous practice as an Advocate in a High Court having rendered services as
Counsel/Advisor to a Company having paid-up share capital and services of not less
than rupees twenty-five lakhs or any organisation having gross fixed assets of not
less than rupees fifty lakhs including any public sector undertaking, autonomous or
statutory body, financial institute or bank which in the opinion of the Council provides
scope for acquiring sufficient professional experience;
(iv) three years‘ experience as an executive or four years‘ experience as an assistant in
the secretarial, administration, accounts, finance, personnel or legal department in
any company or body corporate having a paid-up share capital and reserves of not
less that rupees twenty-five lakhs or any organisation having fixed assets of not less
34

than rupees fifty lakhs including Central/State Government, any Public Sector
Undertaking, autonomous or statutory body, financial institution, banking or
insurance company which in the opinion of the Council provides scope for acquiring
sufficient professional experience;
(v) have acquired practical experience equivalent to those specified under clause (b) or
clause (c) of this regulation in such professional Institutions in India or abroad as
may be recognized by the Council in this behalf on reciprocal basis;
OR
(b) to undergo training in the manner and areas specified by the Council for a period of
fifteen months in a company having a paid-up share capital of not less than rupees fifty
lakhs or any other institution or organisation as may be approved by the Council from
time to time;
OR
(c) to undergo training under a Company Secretary in whole-time practice or in a firm of
such Company Secretaries as approved by the Council for a period of fifteen months on
whole time basis working during normal working hours.
(d) a candidate registered for Executive Programme on or after the 1st September, 2009
and is required to undergo training under clause (b) or (c) of regulation 48, shall attend
and complete successfully Executive Development Programme for eight days and attend
Professional Development Programmes for twenty five hours or for such hours as may
be approved by the Council from time to time or exempted therefrom.

49. Training after Intermediate Examination or Executive Programme Examination

(1) A candidate who has passed the Intermediate Examination or Executive Programme
Examination of the Institute may commence his training under clause (b) or clause (c) of
Regulation 48, with the approval of the Secretary if sufficient companies or Company
Secretaries or firms of Company Secretaries in practice willing to accept trainees are available
for the purpose.

(2) A Company Secretary or a firm of Company Secretaries in practice under whom a candidate
is required to undergo training under clause (c) of Regulation 48 shall be required to be
approved by the Council and shall pay a monthly stipend as may be determined by the Council
from time to time.

50. Compulsory Practical Training

Every candidate passing the Final Examination or Professional Programme Examination of the
Institute in addition to acquiring practical experience or undergoing training as stipulated in
Regulation 48 shall be required to undergo compulsory practical training for a total period of four
months as specified below:
(a) to undergo three months‘ training in a public limited company or body corporate having a
paid-up share capital of not less than rupees twenty-five lakhs as approved by the
Council from time to time in the following manner:
(i) Secretarial Department (including Shares and Legal) – one month;
(ii) Finance and Accounts Department (including Costing, Management Accounting,
Internal Audit and Taxation) – one month;
35

(iii) Administration Department (including Personnel, General Administration, Industrial,


Public Relations, Marketing and Materials Management) – one month;
Provided that a candidate who has undergone training for a period of fifteen months as
specified in clauses (b) and (c) of Regulation 48 as may be exempted from the
requirement of clause (a) of this regulation;
Provided further that the Council may on an application made in this behalf by the
candidate exempt him from undergoing practical training if the Council is satisfied that
the candidate has already undergone the training prescribed by such professional
Institutions in India or abroad as may be recognized by the Council in this behalf on
reciprocal basis.
(b) to attend and complete successfully management skills orientation programme for fifteen
days in such manner and areas as determined by the Council and training in a
specialized agency such as the Office of the Registrar of Companies, stock exchange,
financial or banking institution or management consultancy firm for another fifteen days;
Provided that the Council may on an application made in this behalf by the candidate
exempt him from undergoing management skills orientation programme and training in a
specialized agency specified in clause (b) if the Council is satisfied that the candidate
has already undergone the training prescribed by such professional Institutions, in India
or abroad as may be recognized by the Council in this behalf on reciprocal basis.

51. Exemption from undergoing practical training except secretarial training programme

A candidate may be exempted from undergoing practical training as specified in clause (a) of
Regulation 50 and fifteen days in a specialized agency as specified in clause (b) of Regulation
50, if he possesses one year‘s experience as assistant secretary or any post higher thereto, in
the secretarial department in a company or a body corporate having a paid-up Share capital and
reserves of not less than rupees twenty-five lakhs or any Organisation having gross fixed assets
of not less than rupees fifty lakhs including any public sector undertaking, autonomous body,
financial institution of bank which in the opinion of the Council, provides scope for acquiring
sufficient professional experience.
52. Partial exemption from undergoing practical training
A candidate who has acquired practical experience as specified in clause (a) of Regulation 48
may be exempted, for a maximum period of one month in any one of the three areas of Practical
Training specified in clause (a) Regulation 50 and for a maximum period of fifteen days in a
specialized agency as specified in clause (b) of Regulation 50, provided he gives documentary
evidence to show that he has acquired substantial portion of his practical experience in that
area.
53. Exceptions
(1) (Since deleted)
(2) Any person not falling in all or any respects with regard to practical experience and practical
training requirements as specified in the Regulations 48, 51 and 52, but claims to have acquired
practical experience and undergone practical training, equivalent to those specified under these
regulations may apply for full or partial exemption from acquiring practical experience or
undergoing practical training as the case may be and the Council may determine each case for
partial or total exemption taking into account the evidence produced by such person or after
interviewing him.
36

54. Requirement of certificate of experience and practical training by members of the


Institute

Every applicant claiming to have acquired the necessary practical experience and undergone
the prescribed practical training, shall be required to obtain certificate from at least two
members having a standing of three years membership as approved by the Council, certifying
that in the opinion of the certifying members, the candidate is a fit and appropriate person to be
admitted to the Associate Membership of the Institute.

55. Proof of Practical experience and training

A candidate, who possesses the requisite practical experience and has undergone the requisite
practical training or has been exempted therefrom as provided in these regulations, shall be
required to produce necessary documentary proof to the satisfaction of the Council along with
his application in the appropriate form for Associate Membership.

55A. Disciplinary action in connection with training including Management Skills


Orientation Programme

In the event of any misconduct by a candidate undergoing training including management skills
orientation programme, the Council or the Disciplinary Committee may suo-moto or on receipt of
a complaint, if it is satisfied that the misconduct is proved after such investigation as it may
deem necessary after giving him an opportunity of being heard, or cancel or suspend his
registration as a student or suspend or debar him from appearing in any one or more
examinations of the Institute or direct that any period of training already undergone shall not be
reckoned for the purposes of Regulation 48 or Regulation 50 or declare that such a candidate is
not fit and appropriate person to be admitted to the Associate Membership of the Institute.

Explanation—For the purposes of this Regulation ―misconduct shall include ―a behaviour in a


disorderly manner in relation to the Institute or in or near the place where undergoing training,
breach of any regulation, condition, guideline or direction laid down by the Institute, malpractice
with regard to training or resorting to or attempting to resort to unfair means in connection with
the undergoing of training or seeking exemption from undergoing the training or for breach of
any policies, rules and regulations for the organisation in which he/she is undergoing training.

************
37

APPENDIX B

Ministry of Corporate Affairs

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA


(Constituted under the Company Secretaries Act, 1980)
NOTIFICATION
New Delhi, the 1st April, 2014

No. 710/1 (M)/1. – WHEREAS the draft regulations further to amend the Company Secretaries
Regulations, 1982 were published, as required by sub-section (3) of section 39 of the Company
Secretaries Act, 1980 (56 of 1980), at pages 1 to 8 in the Gazette of India Extraordinary, Part III,
Section 4 dated December, 31, 2012 under the notification of the Institute of Company
Secretaries of India number 710/1 (M)/1 dated December 31, 2012 for inviting objections and
suggestions from all persons likely to be affected thereby before the expiry of forty-five days of
the date on which the copies of the said notification as published in the Gazette of India were
made available to the public;

AND WHEREAS objections and suggestions were invited before the expiry of period of forty five
days from the date on which the copies of the said Gazette were made available to the public;

AND WHEREAS the said Gazette was made available to the public on the 8th January, 2013;

AND WHEREAS objections and suggestions received from the public have been considered by
the Council;

NOW, THEREFORE, in exercise of the powers conferred by sub-section (1) of the section 39 of
the Company Secretaries Act, 1980 (56 of 1980), the Council, with the approval of the Central
Government, hereby makes the following regulations further to amend the Company Secretaries
Regulations, 1982, namely: -
1 (1) These regulations may be called the Company Secretaries (Amendment)
Regulations, 2014.
(2) These regulations shall come into force on the date of their publication in the Gazette
of India.
2 In the Company Secretaries Regulations, 1982,-
(i) for regulation 40, the following regulation shall be substituted, namely: -
“40 Admission to Executive Programme Examination.-
No candidate shall be admitted to Executive Programme Examination unless he is a
registered student and applies with such examination fees as may be determined by the
Council from time to time, in accordance with the directions given by the Council.”
(ii) after Chapter VI, the following Chapter VIA shall be inserted, namely: -
“CHAPTER VI A
Practical Experience and Training requirements
46AA. Applicability of this Chapter.-
The provisions of this Chapter shall apply to: -
38

(a) a student registered to the Executive Programme on or after the date of publication
of this notification; and
(b) a student registered to the Executive Programme before the date of publication of
this notification, if he wishes to comply with the requirements of this Chapter instead
of those specified in Chapter VII.
46 AB Practical Experience and Training.-
1. A student who has passed the Final examination or Professional Programme
examination of the Institute shall become eligible to Associate Membership of the
Institute only after he has -
(a) 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;
on whole time basis during normal working hours-
(i) in a company having a paid up share capital of not less than fifty lakh rupees; or
(ii) in any other institution or organisation or class of institutions or organisations as
may be approved by the Council from time to time; or
(iii) under a Company Secretary in whole-time practice or in a firm of Company
Secretaries;
(b) completed Management Skills Orientation Programme, after passing the Final
examination or Professional Programme examination and undergoing practical
training as specified in clause (a) of sub-regulation (1) or exempted therefrom, either
in class room environment or online for a period of fifteen days in such manner and
of such contents as may be provided by the Council from time to time.
2. The practical training referred to in clause (a) of sub-regulation (1) may be dispensed for
a student, if to the satisfaction of the Council, he has fulfilled the following experience,
namely: -
(i) (a) One year experience as an Assistant Company Secretary or Deputy Company
Secretary or any other post equivalent or higher thereto in the Secretarial
Department; or (b) two years’ experience as a Secretarial Officer or Executive or
any other post equivalent or higher thereto; or (c) three years experience as an
Assistant or any other post equivalent or higher thereto in Secretarial Department in
any company or body corporate having a paid-up share capital of not less than fifty
lakh rupees or turnover of not less than ten crore rupees or in any public sector
undertaking, autonomous or statutory body, financial institution or bank which in the
opinion of the Council provides scope for acquiring sufficient professional
experience; or
(ii) (a) Two years’ experience as Secretarial Officer or Executive or any post equivalent;
or (b) three years’ experience as an Assistant or any other post equivalent or higher
thereto under a Company Secretary in whole time practice or in a firm of Company
Secretaries, which in the opinion of the Council provides scope for acquiring
sufficient professional experience; or
39

(iii) (a) Two years’ experience of continuous practice on a whole-time basis as a


Chartered Accountant or a Cost Accountant having carried out statutory or cost or
internal audit or providing management consultancy services; or (b) two years
experience of continuous practice as an Advocate in a high Court having rendered
services as Counsel or Advisor to a Company having paid–up share capital and
reserves of not less than fifty lakhs rupees or any organisation having gross fixed
assets of not less than one crore rupees, or in any public sector undertaking,
autonomous or statutory body, financial institute or bank which in the opinion of the
Council provides scope for acquiring sufficient professional experience; or
(iv) has acquired practical experience equivalent to those specified under sub-regulation
(1) of this regulation in such professional institutions or abroad as may be recognised
by the Council in this behalf on reciprocal basis.

46AC Exceptions

Any person not falling in all or any respects with regard to practical experience and practical
training requirements as specified in regulation 46AB but claims to have acquired practical
experience and undergone practical training, equivalent to those specified under these
regulations may apply for full or partial exemption from acquiring practical experience or
undergoing practical training, as the case may be, and the Council may determine each case for
partial or total exemption taking into account the evidence produced by such person or after
interviewing him.

46AD Requirement of certificate of experience and practical training by members of the


Institute.-

Every applicant claiming to have acquired the necessary practical experience and undergone
the required practical training, shall be required to obtain certificate from at least two members
having a standing of three years membership, as approved by the Council, certifying that in the
opinion of the certifying members, the candidate is a fit and appropriate person to be admitted to
the Associate Membership of the Institute.

46AE Proof of Practical experience and training

A candidate who possesses the requisite practical experience and has undergone the requisite
practical training or has been exempted therefrom as provided in these regulations, shall be
required to produce necessary documentary proof to the satisfaction of the Council along with
his application in the appropriate form for Associate Membership.

46AF Disciplinary action in connection with training including Management Skills


Orientation Programme

In the event of any misconduct by a candidate undergoing training including management skills
orientation programme, the Council or the Disciplinary Committee may suo-moto or on receipt of
a complaint, if it is satisfied that the misconduct is proved after such investigation as it may
deem necessary after giving him an opportunity of being heard, reprimand the candidate or
cancel or suspend his registration as a student or suspend or debar him from appearing in any
one or more examinations of the Institute or direct that any period of training already undergone
shall not be reckoned for the purpose of regulation 46AB or declare that such a candidate is not
fit and appropriate person to be admitted to the Associate Membership of the Institute.

Explanation: For the purposes of this regulation, the expression “misconduct” shall include “a
40

behaviour in a disorderly manner in relation to the Institute or in or near the place where
undergoing training, breach of any regulation, condition, guideline or direction laid down by the
Institute, malpractice with regard to training or resorting to or attempting to resort to unfair
means in connection with the undergoing of training or seeking exemption from undergoing the
training or for breach of any policies, rules and regulations for the organisation in which he is
undergoing training;”

(iii) after regulation 55A, the following regulation shall be inserted, namely: -

“55AB Applicability of Chapter VII

The provisions of this Chapter shall apply to students registered to Intermediate or Executive
Programme before the date of this notification, if they do not opt to comply with the provisions of
Chapter VIA.”

By Order of the Council

M. S. SAHOO, Secy.
(ADVP.III/4/Exty./121/13)

Note: The principal regulations were published in the Gazette of India vide notification ICSI
No.710/2 (1), dated the 16th September, 1982 and subsequently amended vide:

(i) Notification No. ICSI/710/2/M (1)dated the 30th March, 1984;


(ii) Notification No. ICSI/710/2/M (1), dated the 3rd May, 1984;
(iii) Notification No. ICSI/710/2/M (1), dated the 30th December, 1985;
(iv) Notification No. ICSI/710/2/M (1), dated the 9th September, 1986;
(v) Notification No. ICSI/710/2/M (1), dated the 23rd February, 1987;
(vi) Notification No. ICSI/710/2/M (1), dated the 9th March, 1987;
(vii) Notification No. ICSI/710/2/M (1), dated the 22nd August, 1988;
(viii) Notification No. ICSI/710/2/M (1), dated the 23rd August, 1988;
(ix) Notification No. ICSI/710/2/M (18), dated the 20th August, 1993 and 24th November,
1993;
(x) Notification No. 710/1/M/(17), dated the 21st February, 1995;
(xi) Notification No. ICSI/710/2/M (20), dated the 28th November, 1996;
(xii) Notification No. ICSI/710/2/M (26), dated the 10th August, 2001;
(xiii) Notification No.710/1/(M)/1, dated the 3rd May, 2006;
(xiv) Notification No.710/1/(M)/1,dated the 26th June, 2006;
(xv) Notification No. 710/1(M)/1, dated the 23rd July, 2010;
(xvi) Notification No. 710/1(M)/1, dated the 4th June, 2012.

************
41

APPENDIX C

FORMAT FOR OPTING/ SWITCHING OVER TO THE MODIFIED


TRAINING STRUCTUREEFFECTIVE FROM 1ST APRIL, 2014 UNDER
CHAPTER VIA OF THE COMPANY SECRETARIES REGULATIONS,
1982
(For students registered for Executive programme on/before 31.03.2014)

Student Registration Number


/De-novo Registration Number(if applicable )
Month & Year of Registration
Name (in BLOCK LETTERS)
Status of institute’s examination : Executive Program : registered / passed
Professional Program : registered / passed
If passed, please mention following details :
Executive Professional
Programme Programme
Module Session Module Session
of of
passing passing
exam exam
Module-I Module-I
Module-II Module-
II
Module-
III
Module-
IV
(Please attach attested photocopies of all
passed marksheets )
Period of Training proposed to be undergone
(One/Two/Three year(s) as applicable)
Correspondence Address …………………………………………………..
…………………………………………………..
……………………………………………………
District-
42

State-
PIN-
Telephone with STD Code Residence- Office-
Mobile phone Number
Email Id.
Claiming exemption from training under
modified structure- Yes/ No
(if yes, apply separately in the specified
form)

Important : 1. Student opting for switchover from earlier training structure to modified
training structure will not get any credit or exemption for any period of
training completed by them under the old scheme.
2. Along with this format, student must attach the copy of confirmation letter
issued by the company/or Practising Company Secretary/or other
organizations in support that concerned company/or PCS/or other
organization has confirmed to take him/her as trainee.

Declaration
I wish to opt/switch over to the modified training structure applicable w.e.f. 01.04.2014 as
prescribed under Chapter-VIA of the Company Secretaries Regulations, 1982. I am fully aware
that on opting/switching over to the modified training structure, I shall not be entitled to any
benefit of training undergone or training requirements completed by me under the old training
structure and I shall have to undergo and complete training requirements under the modified
training structure after completion of all necessary requirements.

Date: Signature of the candidate


Name ____________________
Regn. No. _________________

************
43

APPENDIX D

APPLICATION FORM FOR PRACTISING COMPANY SECRETARIES


SEEKING REGISTRATION TO IMPART TRAINING
The Secretary/Chief Executive
The Institute of Company Secretaries of India
'ICSI House' 22, Institutional Area
Lodi Road, New Delhi-110003

Dear Sir,

I/We request you to register me/us for imparting Training to the candidate sponsored by the
Institute, in accordance with the Company Secretaries Regulations, 1982 and the Guidelines for
Training by Practising Company Secretaries, 1985 as amended.

I/We hereby declare that l/we am/are in whole-time practice as a Company Secretary/firm of
Company Secretaries in practice subsequently l/we give below my/our necessary particulars for
your consideration:

Name (In Block Letters) ____________________________________________

Membership Number ____________________________________________

Certificate of Practice No. and Date of issue_________________________________

Date, month and year from which in whole-time practice_______________________

Office Address (in Block Letters) ________________________________

Appropriate office area (in measurement) ______________________________

If office is shared, please indicate details there of ____________________________

Telephone No. ____________________________________________

E-mail, if any _________________________________________

Address for correspondence (in Block Letters) _______________________________

Broadly areas of Practice/Operations ______________________________________

(i) No. of years in practice _________________________________

(ii) Working Hours _______________________________________

(iii) Average annual gross income from practice __________________________

No. of employees, other than the partner, if any, and their position
_____________________________________________________________________
44

No. of trainees to be engaged at a time_____________________________________

Amount of monthly stipend payable _____________________________________

Particulars of other business/occupation engaged, if any ___________________

(i) Nature of business/occupation _________________________________________

(ii) Working Hours ____________________________________________

I /we undertake to pay stipend as fixed by the Institute from time to time to a candidate while
engaging him as an apprentice,

Yours faithfully,

Signature

Date : _____________

************
45

APPENDIX E

Application Form for Management/Apprenticeship/Practical Training/


Exemption from Undergoing Training
(Strike out whichever is not applicable)
IN ORDER TO ENABLE US TO TAKE PROMPT ACTION AND AVOID REFERENCE BACK,
PLEASE ENSURE TO COMPLETE THE FORM IN ALL RESPECTS BY ENCLOSING
REQUISITE TESTIMONIALS/CERTIFICATES

SPECIMEN PROFORMA FOR TRAINING: Latest Passport size photo-


(Only Proforma to be submitted in duplicate) graph countersigned by the
candidate to be submitted
with the original copy only

Registration Number: __________________DENOVO Regn No._____________________

Name______________________________________Age______________________years
(In block letters)

Date of Birth_____________________ Date of Registration_________________________

Father’s Name_____________________________________________________________

_________________________________________________________________________

Details of passing the Intermediate/Executive/Final/Professional Programme examination of


Company Secretaryship (Please attach the copies of mark sheets of all the groups/modules of
Intermediate/Executive Programme/Final/Professional Programme Examination and Completion
Certificate of TOP/ADP/EDP/PDP
Sl. Group/ Examination/Modules Session Roll
No. Module Number
1. First Intermediate/ Executive Programme
Second Intermediate/Executive Programme
2. First Final/Professional Programme
Second Final/Professional Programme
Third Final/Professional Programme
Fourth Professional Programme

Qualifications:

(a) Educational: (c) Computer Knowledge:

(b) *Professional:
(*Please attach the attested/photostat copies of ACA/AICWA certificates, if not sent earlier. In case sent earlier,
please give the reference)
46

Address to which correspondence should be made:


____________________________ Mobile _____________
_____________________________ Telephone No. Residence __________
_____________________________ Office ______________
_____________________________ E-mail address________________________
__________________________________________________________________________

Name & address of the organisation/Company Secretary in Practice with Membership Number
(Registered with the Institute for training purpose) in order of preference where training is to be
arranged
(i)______________________________________________________________________
(ii)______________________________________________________________________
(iii)______________________________________________________________________
(iv)______________________________________________________________________
(v)______________________________________________________________________

Particulars of experience (Past&Present),if claiming exemption from training:

Name of the Placement in Exact Emoluments Period


Company & Organisational Designation Drawn
PUC if Hierarchy From To
applicable

Have you indicated the particulars of your experience both past and present in the Application
Form at the time of registration with the Institute. Give reasons, if these are different from the
one given at the time of registration.

Details of exemption from Practical Training, if any, sought on the basis of executive experience
gained in those fields (Please refer to Regulations 48, 51, 52 and 46AB of the Company
Secretaries Regulations, 1982, as amended).

(1) I am enclosing the following documents in support of my claim for exemption from training:
(i) Experience Certificate(s) indicating exact designation, duration of service, salary drawn,
job contents in brief duly signed by the Managing Director(s)/Chief Executive(s).
(ii) Annual Report(s) in respect of the organisation(s).
(iii) Organisation Chart(s) duly certified by the Chief Executive of the organisation(s).
(iv) Salary slip for the beginning and last pay drawn from the organisation(s).
(v) Appointment Letter from past/present employer.
(2) Whether undergone Management Training/Apprenticeship, if yes, give the name of
Company Practising Company Secretary and duration.
Name of Company/ Practising Company Secretary Duration

From To
47

(3)Whether undergone Management Skills Orientation Programme


________________________If yes, please attach an attested photostat copy. If not, the date by
which the candidate would like to commence training

Declaration

I_____________________________________do hereby declare that the particulars given


above are true to the best of my knowledge and belief.

I also agree that providing false particulars amounts to misconduct and if any misconduct is
observed on my part in terms of Regulation 55A or 46AF of the Company Secretaries
Regulations, 1982 (as amended from time-to-time), I shall abide by the decision of the Council
which may suspend or cancel my registration as a student or may suspend or debar me from
appearing in anyone or more examinations of the Institute or direct that any period of training
already undergone shall not be reckoned for the purpose of Regulation 48 or 50 or 48AB
declare that I am not fit and appropriate person to be admitted as an Associate Member of the
Institute.

Countersigned by Chief Executive of the Employer

Company/Head of the Orgnanisation with Seal/ Signature of the candidate

Company Secretary in Practice with seal Date:

Notes:
1. Training undergone by a student without prior sponsorship from the Institute shall not be
reckoned for the purpose of Regulation 48 or 50.
2. It is the endeavour of the Institute to process all applications for exemption from training
within a period of 30 days. However, in case you do not hear from the Institute within the
said period, kindly get in touch with the Directorate of Training, Membership Legal &
Placement.

************
48

APPENDIX F

FORM OF CONTRACT OF APPRENTICESHIP TRAINING


Contract of apprenticeship training made the _________day of_________ (month) two
thousand and ___________between __________________ of _______________________
(place) (hereafter called the employee of the first part) and the Company Secretary in
Practice/Partner/Employer of M/s_____________________________________________
Company Secretary in Practice employing the Employer of the first part (hereafter called the
second employer), and _____________________________________ of the second part
(hereafter called the apprenticeship trainee).Witness as follows that is to say:-
1. (a) In consideration of the covenants by the apprenticeship trainee hereafter contained,
the Employer agrees to take up the apprenticeship trainee as his apprenticeship
trainee for the term of 15 months/3 years/ 2 years/ 1 year from the_____________
day of _____________ two thousand and ___________________.
(b) The Second Employer of the first part agrees to permit the employer of the first part
to train the apprenticeship trainee in his office/firm (where applicable).
2. The apprenticeship trainee of his own free will binds himself as apprenticeship trainee to
the Employer to serve him for and during and upto the full end and term of 15 months/3
years/ 2 years/ 1 year.
3. The apprenticeship trainee covenants with the employer as follows:-
(a) That he will at all times during the said term diligently and faithfully serve the
employer as his apprenticeship trainee in the practice of profession of Company
Secretaries.
(b) That he will not at any time during the said term, destroy, cancel, obliterate, spoil,
embezzle, spend, make away with or take copies of books, papers, plans,
documents, moneys, stamps or chattels of the employer, his personal
representatives or assignees or of his partner(s) or of any of his clients of employer
or allow any of the said goods to be so treated by others, if he can by the exercise of
reasonable care prevent it.
(c) That he will at all time keep the secrets of the employer and his partner or partners
and of his and their clients and employers and will not divulge the names and affairs
of such clients and employees.
(d) That he will readily and cheerfully obey and execute the lawful and reasonable
commands of the Employer and will not depart or absent himself from the service of
employment of the employer at any time during the said term without his consent or
that of is partners first obtained but will at all times during the said term conduct
himself with all due diligence, honesty, and propriety.
(e) That he will at all times well and faithfully serve the employer, as an apprenticeship a
trainee ought to do in all things whatsoever.
(f) That he will make good and fully indemnify the employer for any loss or damage
suffered or sustained by him by his misbehaviour or improper conduct.
4. The employer covenants with the apprenticeship trainee as follows:-
(a) That he will by the best ways and means in his power and to the utmost of his skill
49

and knowledge instruct or cause to be instructed the apprenticeship trainee and


afford him such reasonable opportunities and work as may be required to enable him
to acquire the art, science and knowledge of Company Secretaryship.
(b) That his professional practice [or that of his employer(s) in his or their] main
occupation and is suitable for the purpose of enabling him to carry out the obligations
referred to in (a) above.
(c) That he will pay a stipend of Rs. _________ per month for the period of
apprenticeship within 10 days after every completed month of apprenticeship training
including for period leave of 45 days for Executive Programme passed trainees and
15 days for Professional Programme passed trainees during 15 months training
under earlier training structure and 108 days for 3 years (trainees registered for
Executive Programme or 72 days for 2 years (Executive Programme passed
trainees) and 12 days for 1 year training (Professional Programme passed trainees)
under modified training structure, as permissible by the Institute.
(d) That he will at the expiration of the said term use his best means and endeavours to
cause the apprenticeship trainee to be admitted as a member of the Institute,
provided always that the apprenticeship trainee shall have well and faithfully served
his intended apprenticeship training and shall have passed the required
examinations and in all respect properly qualified himself to be admitted as such.
(e) (i) That if the employer shall die during the said terms, his legal representative
shall grant to the apprenticeship trainee a certificate of service in the
appropriate form for the expired period of training.
(ii) That if the employer shall cease to practice as Company Secretary or shall in
any way become incapable of continuing the intended employment of the
apprenticeship trainee during the said term, he will make the necessary
arrangements as far as practicable, for the completion of the residue of the term
as apprenticeship trainee with some other member entitled to train the
apprenticeship trainee and issue the certificate of service in the appropriate
form for the expired period of apprenticeship training.
5. These conditions are subject to the Company Secretaries Act, 1980 and the regulations and
guidelines framed there under as may be in force from time to time.
In witness whereof the parties have hereinto set their hands and seals the day and year first
above
Written Signed, Sealed and Delivered by (First Employer)
In the presence of (Witness)
Signed, Sealed and Delivered by (Second Employer)
In the presence of (Witness)
Signed, Sealed and Delivered by (Apprenticeship Employee)
In the presence of (Witness)

************
50

STATEMENT OF PARTICULARS TO BE SUBMITTED (IN DUPLICATE)


FOR REGISTRATION AS A TRAINEE
(PART-‘A’)

Particulars of the Apprenticeship Trainee:

1 Name (in block letters) :

2 Student Registration No. :

3 Particulars regarding passing of the Intermediate/Executive Programme (where


applicable)/Final/Professional Programme Examination of the Institute:
Examination Group/Module(s) Roll No. Month Year
Intermediate/Executive First
Programme
Second
Final/Professional Programme First
Second
Third
Fourth

4. Particulars of previous training, if any:


(a) Name & Address of the employer Company Secretary in Practice :
(b) C.P. Registration Number:
(c) Date of commencement of training:
(d) Date of termination of training:
(e) Duration of leave taken, if any:

5. Date of commencement of training under the present employer Company Secretary in


Practice:

6. Date on which the Contract of Company secretaries Apprenticeship Training has been
executed:

7. Period for which the Contract of Apprenticeship Training entered into:

8. Whether the Contract has been executed:


(a) In the printed form without any modifications:
(b) In duplicate and one copy kept by either party:
51

9. (a) Whether the apprenticeship trainee is engaged in any other business or occupation:
(b) If so, whether permission of the Council has been obtained (Quote letter no. & date)
(c) If permission is not sought, please give full details of engagement and the date since
when so engaged.
10. (a) Whether the apprenticeship trainee has taken up any other course of study,
academic or occupation:
(b) If so, whether permission of the Council has been obtained and the trainee is agreed
to compensate the minimum working hours as prescribed by the Institute (Quote
letter No. & date):
(c) If permission is not sought, give Give full particulars of the course, timing of the
classes held, working hours of the employer, etc.

I declare that the particulars given above are true and correct to the best of my knowledge and
belief and I undertake to intimate to the Institute and the employer within sixty days, any change
that may occur in the information furnished above during the period of my training for the
purpose of Company Secretaries Regulations, 1982.

I undertake to abide by all the rules as may be in force from time-to-time during the period I am
undergoing training. I further agree not to pass on, sell or gift away my study paper or any other
material provided to me by the Institute.

Signature of the Apprentice Trainee

I declare that the particulars given above are true and correct to the best of my knowledge and
belief.

Place:

Countersigned by the Employer

Date:

************
52

(PART-‘B’)
Particulars of the Employer
Company Secretary in Practice
1. Name::_________________________________________________________
2. Membership No. ACS/FCS__________________ CP No. :_____________
3. Name of the firm of which the member is proprietor/partner: ____________
4. If working as a paid Assistant with a Company Secretary/firm of Company Secretaries, name
of his employer: _______________________________
5. Whether the member is engaged in any other business or occupation at present, if so, please
give details:_________________________________________
6. Names of other trainees, if any, already undergoing training with the member, and their
student registration number:___________________________
7. Name of additional apprenticeship trainees, if any, already undergoing training with the
member and their registration number: ___________________
I declare that the particulars given in Part ‘B’ above are true and correct to the best of my
knowledge and belief and I undertake to intimate the Institute within sixty days any change that
may occur in the information furnished in Part ‘B’ during the period of training of the
apprenticeship trainee.
I further declare that:
(i) I have fully satisfied myself that the apprenticeship trainee is eligible to receive training,
as such, under the Company Secretaries Regulations, 1982, having passed the
Intermediate/ Executive Programme or Final/Professional Programme examination
conducted by the Institute.
(ii) The Contract of Apprenticeship Training has been executed in duplicate.
(iii) I have fully; satisfied myself that the Contract has been executed correctly in all
respects.
(iv) One copy of the Contract of Apprenticeship Training has been retained by me and the
other has been given to the apprenticeship trainee.
(v) I shall be paying a stipend of Rs. ______________ per month to the trainee.
8.Address for communication
___________________________________________________________________________
Tel. No. (R) _____________________________ (O) _________________________________
Mobile No. _______________ Email Address_______________________________________

Place:
Date: Signature of the Employer
53

APPENDIX G
QUARTERLY REPORT
(As prescribed under the Training Guidelines )
(Part A)

To,
The Joint Director (Training & Placement)
The Institute of Company Secretaries of India
ICSI House, 22, Institutional Area, Lodi Road
New Delhi-110 003

Quarter Number of the Training

Period from ____________________________to________________________

Dear Sir,
Name of the student:
Registration Number:
Category of a Trainer: (Tick)

Companies Practising CS MCA ROC OL

Financial Law Firm Consultancy Firm


Institution

Other (Specify)

*Name of the Trainer:


Training commencement date:

Grading on Each point of Appraisal be awarded by the Trainer with the following:
E or V or G or S or N
E= Excellent (=&>90%), V=Very Good (=>70% to<90%).
G= Good (=>60% to < 70%), S= Satisfactory (=>50% to < 60%),
N= Needs Improvement (< 50%).

1. Attendance and Punctuality

Particulars No. of days No. of Weekly Total Late


worked in leaves Offs Days Marks
Quarter
Current Quarter
Carry forward from Previous
Quarter
54

Brought forward to next


Quarter
Quarter shall begin on the
date of commencement of
training
Grading on Attendance and
Punctuality

2. Assignments handled during the quarter:

Type of work handled (Insert Rows Details of Assignments handled/ assisted Grading
for information)
Company Law
SEBI
Listing Agreement
Service Tax
Central Excise
Project Finance
Other (specify)

3. Soft Skills acquired:

Particulars Particulars of Assignments Grade


Written Communication Skills
Verbal Communication Skills
Power Point Presentations
Computer Skills
Interpersonal Skills
Leadership Abilities

4. Topic Given for Project Report

Status of Not Started Started Completed and Grade (if


Project Report attached Completed)
(Tick)

Date
Place

Signature of the Trainer


Rubber stamp to be affixed
55

PART B
(To be filled by Trainee)

5. Details of Mandatory Trainings Completed

Details Organised by Period (from-to)


a. Student Induction Programme
b. Executive Development Programme
c. Academic Development Programme/
Professional Development Programme
PDP Hours Completed so far
PDP Hours yet to be Completed

6. Articles written (if any):


Details Title of the Article Grade

7. Seminars/ Programmes attended (if any):


Particulars

Exempted from undergoing Student Induction Program Yes No

8. Plan of Action for the next quarter:

1.
2.
3.

I state that the contents of this report are true.

Signature of the Trainee

Date:

NOTE: This Report shall be submitted on quarterly basis on or before 30 days from the end of the quarter. Late submission and
non submission of report will be viewed seriously.

************
56

APPENDIX H

CERTIFICATE OF DISCONTINUANCE/TERMINATION OF TRAINING

I__________________________________of__________________________do hereby certify


that Mr. / Ms. ___________________________________ served as a Company Secretaryship
trainee under me in accordance with the Company Secretaries Regulations, 1982, for a period
of ________ month/year and _______________ days from ________________________ to
____________________ on whole time basis and his progress was satisfactory and that to the
best of my knowledge, he bears a good moral character.

The training is terminated by mutual consent with effect from ___________________. I further
certify that during the above mentioned period the trainee was given leave for ___________
days.

The training was registered with the Institute of Company Secretaries of India vide Registration
No. __________________________ dated _______________________.

Place:
Date: Signature: _____________________________________
Name : ________________________________________
ACS/FCS No. ________ CP No./Designation __________

I _____________________ have agreed for termination of my training under Mr./Ms.


____________________________________ with effect from ________________________ at
my own free will and endorse the contents of his certificate :

Place : Signature of Trainee


Date : Regn. No. ___________________

************
57

APPENDIX I

COMPLETION CERTIFICATE OF 15/03 MONTHS/


3 YEARS/2 YEARS/1 YEAR TRAINING

I, ___________________________________ Company Secretary of


__________________________________________________________________________

do hereby certify that Mr./ Ms. Student Registration No. ________________________ has
completed the prescribed training as sponsored by the Institute of Company Secretaries of
India, vide their letter No. ___________________________ dated _______________________
under our organisation for a period of ___________ Months/Years from __________ to
________________ and his/her progress was satisfactory.

I, further certify that during the above mentioned period he/she was not given any leave/given
leave for _______ days.

Place:

Date: Company Secretary

************
58

APPENDIX J

CHECKLIST FOR TRAINING EXEMPTION DOCUMENTS

Students are requested to submit their application for Exemption from training requirements in
the prescribed form ST-10 along with the scanned copy of supporting documents as detailed
below: -
i. Application Form duly filled in and signed seeking Exemption from undergoing Training
(ST-10)
ii. Experience Certificate(s) indicating exact designation, duration of service, salary drawn, job
contents in brief including the work experience, if any, in the areas duly signed by the Chief
Executive of the past/ present employer organization: -
• Finance & Accounts Department (including Costing, Management Accounting, Internal
Audit and Taxation);
• Administration Department (including Personnel General Administration, Industrial, Public
Relations, Marketing and Materials Management); and
• Secretarial including Shares & Legal (co-ordination with Registrar of Companies, Ministry
of Corporate Affairs, Stock Exchanges, Financial Institutions if any).

iii. Certified extract of the Annual Report(s) indicating the paid up share capital/ Reserves or
fixed assets of the past/ present employer organisations;

iv. Organization Chart indicating the position in the organizational hierarchy duly certified by
the authorized signatory (with name and designation) of employer organization;

v. Salary slip for the First and last pay drawn from past/present employers organization(s);

vi. Letter of Appointment/Promotion from past/present employers organization(s);

vii. Copy of Final/Professional Programme passed mark sheet(s)/certificates;

In addition to the above stated documents, the following documents are required to be
submitted along with an application for claiming exemption from 15 days specialised training:-
(i) Training completion certificate for 15 months training confirming the duration and
numbers of leaves availed during training period and
(ii) Details of job profile if any, pertaining to co-ordination with Registrar of Companies,
Ministry of Corporate Affairs, Stock Exchanges, Financial Institutions application for
exemption from undergoing training for 15 days.

************
59

APPENDIX K

PROJECT REPORT TOPICS

I. Corporate Laws including Company Law, SCRA, Capital Market etc.


1. Promotion, Incorporation and Administration of a company.
2. Administrative machinery and Inspection, Inquiry and Investigation of companies.
3. Accounts and Audit
4. Compromises, arrangement and reconstruction
5. Borrowings- debentures and charges
6. Prevention of oppression and mismanagement
7. Borrowing, lending, investment & contracts
8. Company secretary- his role, duties and responsibilities
9. Filling and filing of forms under the Companies act, 1956
10. Practical &Procedural aspects of Convening and Conducting Board Meetings And
General meeting
11. Acceptance of deposits and payment of interest thereon
12. MAT- Mergers, Amalgamations & Takeover, its relevance in Corporate restructuring
13. Recent development/amendment in Companies Act,1956
14. Scope and area of practice for company secretaries as per the recent amendments in
Companies act
15. Winding up/Liquidation of Companies- case studies
16. Preparation/Drafting/Presentation of petitions before CLB
17. Postal Ballots
18. Corporate Governance
19. Compliance Certificate
20. Directors’ responsibility statement
21. Secretarial Standards for Board/Committee Meetings
22. Mergers, Demergers and Reverse mergers
23. Managerial remuneration
24. Disclosure of directors’ interest
25. Setting up of NCLT and NCLAT
26. Audit committee
27. Computerised minutes book
28. Transfer and Transmission of shares
29. Dividends and Reserves
60

30. Prospectus, Allotment and other matters relating to issue of shares and debentures
31. Legal and procedural aspects of Employees Stock Option Scheme (ESOS)
32. Listing of Securities & Bonds etc. and procedural formalities under various laws and
regulations
33. Merchant Banker in Public issues
34. Public Issues Management- problems and procedures
35. Mechanism and Procedure of settlement of transactions in a Stock Exchange
36. Disinvestment- Procedures, Methods & Problems
37. Depositories
38. Capital market
39. Buy-Back of Shares
40. SEBI Takeover Code
41. Investor Protection
42. Public issues via Book Building
43. SEBI Guidelines

II. Finance & Accounts


1. Investors profile- An analysis and strategies for modification
2. Capital structure & its viability
3. Use of Leverage (operational & financial)
4. Dividend policy ( Determinants vis-a-vis competitors)
5. Analysis of use of funds
6. Receivables policies
7. Liquidity management in a company
8. Investment policies in a company
9. Methods of controls and their efficiency in a company (study useful in a multi-division
company)
10. Project appraisal
11. NBFCs
12. Portfolio management
13. Loan Documentation – Problems & procedures.
14. Credit rating and evaluation procedure.
15. Financial services –an overview
16. External commercial Borrowing – procedures & issues.
17. New financial investment in nineties.
18. Various methods of project finance.
61

19. Derivatives and their role in the present World Economy


20. Insurance & risk management with respect to Indian corporate sector and an insight
thereof.
21. Financial services under WTO Regime.
22. Tax audit.
23. Capital Budgeting.
24. Raising finance through euro issues.
25. Recent developments in capital market.
26. Financial reporting by information technology companies.
27. Working capital management.
28. Mutual fund.
29. Emerging trends and opportunities in private sector insurance.
30. Forex management and Derivatives.
31. NASDAQ- A Global window
32. Venture capital.
33. Euro currency
34. Corporate reconstructing
35. Leasing and hire purchase and acquisition
36. Issue of commercial papers

III. Personnel management & HRD


1. Performance Evaluation
2. Performance appraisal system
3. Organization design, structure and the changing environment
4. Need and importance of human resources planning in organization
5. Career planning & career development in the organization
6. Need and importance of human resources development systems in organization
7. Employees’ welfare scheme in the industry
8. Industrial relation in present scenario
9. Role of motivation in increasing productivity
10. Administrative support systems in the organization
11. Formulation and implementation of personnel policy in the organization
12. Time and stress management
13. Manpower planning

IV. Economic, Commercial & Industrial law


1. SSI units and benefits available under various laws
62

2. Procedure under FEMA


3. EXIM policy vis-à-vis economic development of the country
4. Case studies related to consumer protection act
5. Case studies under restrictive/unfair trade practice
6. Procedures regarding setting up of industrial companies with relation to the provisions
under IDRA pollution laws & factories act etc.
7. Recent development in world economy and WTO matters
8. Procedural aspects and case studies related to intellectual property rights i.e.
trademarks, patents and copyrights
9. Appearance before Consumer Redressal forum
10. Anti dumping duties
11. Working of disputes settlement in WTO
12. WTO and promotion of world trade
13. Compliances relating to pollution laws
14. Industrial policy and procedures
15. Competition law
16. Industrial sickness
17. EOUs, EPZ, Industrial parks scheme, industrial model towns etc.
18. Special economic zones- SEEPZ, FALTA, NOIDA etc.
19. EHTP & STP
20. Agricultural export zones
21. Dishonour of charges
22. Joint venture and foreign collaboration

V. Direct and Indirect taxes


1. Procedures under custom act
2. CENVAT- detailed study, advantage over erstwhile MODVAT
3. Direct taxation- planning and management
4. MAT- minimum alternate tax- detailed study
5. Corporate dividend tax & its effect on profit of a company
6. Central Sales Tax- Case studies and procedures
7. Tax deduction at source
8. Settlement of cases under Income Tax Act
9. CEGAT
10. Tax audit
11. Double taxation avoidance agreement
63

12. Simplification in central excise law


13. Works contract under Central Sales tax
14. Service tax
15. Depreciation allowances and fixed capital investment

VI. Information technology & related matters


1. Automation vis-à-vis office procedure and practices
2. Communication system in the organization
3. Profession of Company Secretary & need for use of information technology therein
4. Use of electronic media/information technology in company board meetings and its
feasibility
5. Cyber laws
6. E-commerce
7. Communication convergence law
8. E-Company Secretaries
9. Management Information System
10. Real-time gross settlement systems (RTGS)

************
64

APPENDIX L

FORM ‘A’
APPLICATION FOR ADMISSION AS AN ASSOCIATE MEMBER
[See Reg. 5(1)]
To,
The Secretary to the Council of
The Institute of Company Secretaries of India
‘ICSI House’, 22, Institutional Area, Lodi Road,
New Delhi - 110 003

Sir,

I hereby apply for admission as Associate Member of the Institute of Company Secretaries of
India in accordance with the provisions contained in the Company Secretaries Act, 1980 and the
Regulations made there under and declare that I am not subject to any of the disabilities stated
in the Act or the regulations of the Institute. The required particulars are furnished below:
Name in Full
(In Block Letters) ___________________________________________
Surname Middle Name First Name
Father’s Name
Date of Birth*
__________________________________
Day Month Year
Nationality ____________________________

Citizenship ____________________________

Domicile ____________________________
(Permanent place of
residence)
If not an Indian citizen,
whether Certificate of Indian Yes No
Domicile has been
obtained**
Educational/Professional
Qualifications
Address (In Capital Letters) Designation _________________________________
Professional*** Name of Company/Organisation ________________
___________________________________________
Address ____________________________________
65

___________________________________________
City____________________________
State __________________________
Pin Code ____________________
Telephone No. ____________Fax No __________
E.mail ____________________________________
Cellular No. ____________________
Website : __________________
PAN Number : __________________
UID Number : ___________________
(ii) Residential ____________________________
____________________________
____________________________
____________________________
City_________________________
State ________________________
Pin Code _____________________
Telephone No. ________________
Fax No. ______________________
E-mail _______________________
(iii) Address for all
correspondence
Please tick desired address) Professional Residential
8 (a) Registration Number as Regn. No. ___________________
a student for Company Name of the body _____________
Secretaries Examinations
conducted by the Company Passed in (Month & Year) _______
Law Board/Dissolved Licentiate No. (if enrolled as Licentiate ICSI)
Company/Institute with _______________
month & year of passing the
Final examination
(b) Particulars of such other Name of Foreign Body _____________________
Company Secretaryship Student Registration No. ___________________
qualification acquired from
foreign body recognised by Date of Registration ______________
the Central Government/the Month, year & place from where appeared for the Final
Council as being equivalent Examination of that body
to the Institute’s ______________________________________
examination and training Membership number, date & place of admission
Membership No. ______________
Date ______________ Place ______________
66

9 Details of Practical experience acquired as provided under regulation 48 of Company


Secretaries Regulations, 1982
Name of the organisation, Period Nature of supervisory Experience
paid-up share with designation
capital/reserves, if any
From To

10 Details of practical training undergone under regulation 50 of the Company


Secretaries Regulations, 1982
Name of organisation Period of Training
From To

11 Details of training undergone with specialized agency under regulation 50(b) of the
Company Secretaries Regulations, 1982
Period of Training
Name of Organisation From To

12 Details of total or partial exemption from training granted under regulation 48, 51, 52
& 53
Details of Exemption
Period Regulation Nature of Training

13 Details of Management Skills Orientation Programme (MSOP) /(SMTP) attended :


(i) Organized by : ______________________
(ii) Period : From To
14 I hereby declare that I am/am not a permanent resident of India/resident outside India
under the Foreign Exchange Management Act, 1999.
15 I hereby undertake that if admitted as an associate member of the Institute, I shall be
bound by the Company Secretaries Act, 1980 and the regulations made there-under
as amended from time to time and shall abide by such bye-laws, rules, standing
orders, directions, conditions or guidelines as may be laid down by the Council and
made applicable to me from time to time.
16 I enclose
Two fitness certificates from two members having at least three years standing as
members of the Institute.
A demand draft/pay - in slip No. ______ dated ________ for Rs. ___________****
drawn in favour of the Institute of Company Secretaries of India drawn on __________
(Bank) payable at New Delhi
Specimen signature card with photograph.
67

Application form for enrolment as member of Company Secretaries Benevolent Fund


with a DD/Cheque for Rs. 7,500/- drawn in favour of ‘Company Secretaries
Benevolent Fund’ towards Life Membership fee.
Note: Please upload photo image and signature after getting ACS Membership
Number.

I solemnly declare that what I have stated above is true and correct to the best of my knowledge
and belief.

Yours faithfully,

Place

Date Signature

____________________________________________________________________________________
* Applicant is requested to send photocopies of certificates of his/her date of birth and degree Examination(s) attested by
any office bearer or member of the Council/Regional Council/Managing Committee of the Chapter of the Institute or any
Officer of the Institute of the rank of Desk officer or above.
** Applicant is requested to send certificate of Indian Domicile in original alongwith Photostat copy thereof, if applicable.
*** In case professional address is not provided, the residential address would be treated as communication address by
default and the same would be displayed on the website.
**** ` 1500/- Entrance Fee
` 1125/- Annual Associate Membership Fee (Rs. 562.50 if admitted during October-March)

************
68

CERTIFICATE OF FITNESS FOR ADMISSION TO ASSOCIATE MEMBERSHIP


(Pursuant to regulation 54)

Certified that Mr./Ms. _____________________________________________________

who is applying for being admitted as an Associate member of “The Institute of Company
Secretaries of India” and claims to have acquired necessary practical experience and
undergone the prescribed practical training, is in my opinion, a fit and appropriate person to be
admitted to the membership of the Institute.

Signature _____________________

Date : Name _____________________

Place : Membership No. ACS/FCS_______

____________________________________________________________________________________

CERTIFICATE OF FITNESS FOR ADMISSION TO ASSOCIATE MEMBERSHIP


(Pursuant to regulation 54)

Certified that Mr./Ms. _____________________________________________________

who is applying for being admitted as an Associate member of “The Institute of Company
Secretaries of India” and claims to have acquired necessary practical experience and
undergone the prescribed practical training, is in my opinion, a fit and appropriate person to be
admitted to the membership of the Institute.

Signature _____________________

Date : Name _____________________

Place : Membership No. ACS/FCS_______

************
69

SPECIMEN SIGNATURE CARD

Name……………………………………….

ACS/FCS NUMBER ……………………..

SPECIMEN SIGNATURE……………….
DULY SIGNED
PASSPORT SIZE
PHOTOGRAPH
1. ____________________________ OF THE
APPLICANT
2._____________________________

1. Booth No. ____________________ Sr. No. _______________________

2. Booth No. ____________________ Sr. No. _______________________

3. Booth No. ____________________ Sr. No. _______________________

4. Booth No. ____________________ Sr. No. _______________________

************
70

APPENDIX M
Frequently Asked Questions (FAQs) on Modified Training Structure
Sr. Question Reply
No.
1 Eligibility for (i) A student registered to the Executive Programme on or after 01.04.2014;
training under and
the modified (ii) If a student registered to the Executive Programme on or before 31st
training March 2014, but if he/ she opts for the modified training structure in lieu of the
structure earlier structure.

2 Duration of Three years on registration to Executive Programme; or


training under Two years after passing the Executive Programme; or
modified One year after passing the Professional Programme
training
structure
3 Components of Components of Duration of training Earlier Training Modified Training
earlier training Training Structure Structure
(Applicable to (Applicable to
structure and students registered students registered
the modified in CS Executive in CS Executive
training Programme on or Programme on or
before 31.03.14) after 01.04.14)
structure
Computer Training Seventy Hours Not Applicable Not Applicable
Student Induction Seven days Not Applicable Not Applicable
Programme (SIP) (to be undergone
after taking
registration in
Executive
Programme)
Executive Eight days Applicable Not Applicable
Development (to be undergone
Programme (EDP) after passing
examination of
Executive
Programme)
Long term internship Fifteen months Three years on
with specified (after passing registration to
entities Executive Executive
Programme) Programme
Or
Two years after
passing the
Executive
Programme
Or
One year after
passing the
Professional
Programme
Professional Twenty five hours Applicable Not Applicable
Development
Programme (PDP)
Training with Fifteen days Applicable Not Applicable
specialized agency (to be undergone
after passing
examination of
Professional
Programme)
Managerial Skills Applicable Applicable
Orientation
Programme (MSOP)
\
71

4 What are the (i) 15 months training with a PCS or a company/other entity registered for
trainings to be imparting training after passing Executive Programme
undergone by
the student who (ii) Executive Development Programme for Eight days to be undergone after
was registered passing examination of Executive Programme
on or before
31st March,
2014 and does (iii) Professional Development Programme for twenty five hours.
not opt for
Modified (iv) Training with specialized agency for Fifteen days
Training after passing examination of Professional Programme
Structure and is
governed by the
earlier training (v) Management Skills Orientation Programme for 15 days after passing the
Professional Programme and Completion of all other training requirement
structure .
except15 days training with specialized agency.

5. What are the (i) Practical training for a period of -


trainings to be
undergone by Three years on registration to Executive Programme
the student who
or
was registered
on or after 1st Two years after passing the Executive Programme
April, 2014 or or
registered One Year after passing the Professional Programme
before that and
opts for Modified On whole time basis during normal working hours under a Company
Training Secretary in practice or a firm of Company secretaries or in a company or
Structure and is other entity registered for imparting training
governed by the
modified training
structure. (ii) Management Skills Orientation Programme for 15 days after passing the
Professional Programme and completion of training for three years or two
years or one year as the case may be.
6 Entities eligible (i) In a company having a paid up share capital of not less than fifty lakh
for imparting rupees; or
training of 1
year/2 years /3 (ii) in any Law Firm, Consultancy Firms and Financial Institutions other
years to the institution or organisation or class of institutions or organisations as may be
students of the approved by the Council from time to time; or
Institute.
(iii) under a Company Secretary in whole-time practice or in a firm of
Company Secretaries.
7 Entitlement of The number of trainees to be sponsored for imparting training by the
PCS for Company Secretary in Practice (PCS) including a partner in a firm of
imparting Company Secretaries, will be equal to the number of years of continuous
training to the practice of the concerned member subject to a maximum of twenty trainees.
CS students
A PCS upto two years of continuous practice will be entitled to engage only
one trainee.

If the PCS surrenders his certificate of practice and starts his practice after a
gap, he will be entitled to have the same number of trainees as he was
entitled when he surrendered his certificate of practice.
72

8 Procedure for Students have an option to undergo training either under the earlier structure
switching over or the modified training structure. However, for switching over to the modified
from the earlier structure, the student will not get any benefit of the training undergone under
training the earlier training structure. The student has to opt for the new training
structure to the structure in the specified format available on the website of the Institute.
Modified training
structure.
9 Applicability of SIP and Computer Training are not applicable to the students undergoing
SIP/EDP/PDP training either under the earlier training structure or under the modified
and Computer training structure.
Training under EDP/PDP are applicable to the students undergoing training under the earlier
Modified training structure.
Training EDP/PDP are not required to be undergone under the Modified Training
Structure. structure.

10 Is 15 days
Training with
Specialized Not applicable under modified training structure
agencies
compulsory in
Modified
Training
Structure.
11 Fees payable
for Switching
over to Modified There is no fee for switchover to modified training structure
Training
Structure
12 Procedure for For registration of company and other organisation for imparting training the
registration of paid up share capital of the company should not be less than Rs. 50 lacs for
companies and imparting 1 year/2 years /3 years management training.
other For registration of companies and other organisation for imparting 1 year/2
organisations years/3 years management training, following documents are required :
under the (i) A duly signed request letter from company on its letter head having details
Modified of paid up share capital, number of trainees to be accommodated in a year,
Training amount of stipend payable to trainees.
structure
(ii) A certified true copy of latest balance sheet of the company and other
organisation (for registration of Banks and Government bodies for imparting
training, Balance Sheet is not required)
(iii) There is no fee for registration of company for imparting training.
13 Procedure for
registration of
Law Firm,
Consultancy
Firms and
Financial Guidelines and eligibility criteria for registration of Law Firms, Consultancy
Institutions for Firms, and Financial Institutions are available on the website of the Institute.
imparting
training to the
students of the
Institute
14 How much leave Students passed Executive Programme 15 days casual leave + 30 days
the student is (15 months training) leaves for study & examinations
73

undergoing Students passed Professional 15 days casual leave


training under Programme
the earlier (15 months training)
Training
Structure?
15 How much leave Students registered in Executive 36 days casual leave + 72 days
the student is Programme leaves for study & examinations
entitled who is (3 years training)
undergoing
Students passed Executive Programme 24 days casual leave + 48 days
training under
(2 years training) leaves for study & examinations
the Modified
Training Students passed Professional 12 days casual leave
Structure? Programme
(1 year training)

16 What is the Students who Executive Professional


amount of are undergoing Passed Passed students
minimum training after Students
stipend to be taking
paid to students registration in
during training? Executive
Programme
If undergoing Minimum Minimum Minimum amount
training under amount of Rs amount of Rs of Rs 4000/- per
PCS 2000/- per 3000/- per month
month month
If undergoing Minimum Minimum Minimum amount
training at amount of Rs amount of Rs of Rs 5000/- per
Company 3000/- per 4000/- per month
/other entities month month
74

FREQUENTLY ASKED QUESTIONS PERTAINING TO TRAINING:


1. With which organizations 15 months Training under the earlier Training Structure or
1/2/3 years under the modified training structure can be undergone?/
A.(i) COMPANIES

Companies (whether public or private; listed or unlisted) having paid up share capital of
Rupees fifty lacs or more (However, for imparting 3 months practical training (under the
earlier training structure) to the Final/ Professional Programme passed students who
have been granted exemption from 12 months, the paid up share capital of the company
should be Rupees twenty five lacs or more);
(ii) MINISTRY OF CORPORATE AFFAIRS AND ITS OFFICES, ROC, RD, OL etc.;
(iii) BANKS

All banks recognised by RBI are considered equivalent to companies for the purpose of
imparting training without the limiting factor of paid up share capital;
(iv) LAW FIRMS/ CONSULTANCY FIRMS/ FINANCIAL INSTITUTIONS

Guidelines and eligibility criteria for registration of Law Firms, Consultancy Firms, and
Financial Institutions for imparting training are available at training link on the website of
the Institute www.icsi.edu;
(v) GOVERNMENT BODIES & DEPARTMENTS, PSU ETC.

Training can be undergone with Government bodies & departments, Public Sector
Undertakings, Statutory bodies etc. which are registered for imparting training;

(b) COMPANY SECRETARIES IN PRACTICE

The students are allowed to undergo training for a period of 15 months under the earlier
Training Structure or 1/2/3 years under the modified training structure with Company Secretary
in whole-time practice or a firm of such Company Secretaries on whole time basis, registered for
imparting training.

2. What is the procedure for registration of companies and other organisations for
imparting 15 Months Management and 03 months Practical Training under the earlier
Training Structure or 1/2/3 years under the modified training structure?

Answer: For registration of company and other organisation for imparting training the Paid up
share capital of the company should not be less than Rs. 50 lacs for imparting 15 months
management training under the earlier Training Structure or 1/2/3 years under the modified
training structure. However for imparting Practical Training of 03 months as applicable in the
earlier training structure, the paid up share capital should not be less then 25 lacs.

Following documents are required for registration of companies and other organisation for
imparting training:
(i) A duly signed request letter from company on its letter head having details of paid up
share capital, number of trainees to be accommodated in a year, amount of stipend
payable to trainees.
75

(ii) A certified true copy of latest balance sheet of the company and other organsiation (for
registration of Banks and Government bodies for imparting training, Balance Sheet is not
required)
(iii) No fee has been prescribed for registration of company for imparting training.

3. What is the procedure for registration of Law Firms, Consultancy Firms and Financial
Institutions for imparting training with the Institute?
(i) For registration of law firm for imparting 15 months training under the earlier
Training Structure or 1/2/3 years under the modified training structure - we require
a duly signed request letter from on letter head of the law firm having details of number
of partners enrolled as an Advocate with their names, trainees to be accommodated in a
year, amount of stipend
Payable to trainees, brief profile of the firm including work areas, infrastructure available
for training etc.
(ii) For registration of Consultancy firm for imparting 15 months training under the
earlier Training Structure or 1/2/3 years under the modified training structure - we
require a duly signed request letter from on letter head of the consultancy firm having
details of number of partners with their names, trainees to be accommodated in a year,
amount of stipend payable to trainees, brief profile of the firm including work areas,
infrastructure available for training etc.
(iii) For registration of Financial Institution for imparting 15 months training under the
earlier Training Structure or 1/2/3 years under the modified training structure - we
require a duly signed request letter from on letter head of financial institution having
details of fixed assets, standing, number of trainees to be accommodated in a year,
amount of stipend payable to trainees, brief profile, infrastructure available for training
etc. along with document of registration or approval of the prescribed authority as may
be required under the applicable laws, authenticate document indicating gross fixed
assets minimum of Rupees Ten lacs only (preferably balance sheet) and having
standing of atleast ten years of the concerned financial institution.

4. What is the procedure for registration of a Company Secretary in Practice for imparting
training with the Institute?

Answer: For getting registered with the Institute for imparting training to the students, a
Company Secretary in Practice has to submit duly filled application form as prescribed by the
Institute. The application form is available on the website of the Institute at www.icsi.edu under
training link. After approval a registration number is allotted to the Company Secretary in
Practice.

QUERIES RELATED TO 15 MONTHS TRAINING under the earlier Training


Structure or 1/2/3 years under the modified training structure
5. Where do I get the list of companies/organisation (including law firm, consultancy
firms etc.) & PCS registered with the Institute for imparting 15 months training under the
earlier Training Structure or 1/2/3 years under the modified training structure ?

Answer: List of companies /organisation (including law firm, consultancy firms etc.) for imparting
training and list of Company Secretaries in Practice registered for imparting training with the
76

Institute is available on the website of the Institute. www.icsi.edu > ‘Training’ link. List can be
available by opting any one search option provided.

6. What is the procedure of searching training with the company/organisation (including


law firm, consultancy firms etc.) and with Company Secretaries in Practice?

Following procedure should be to be followed for searching Training with the company
/organisation (including law firm, consultancy firms etc.) and with Company Secretary in
Practice: -
(i) Students may directly contact the company /organisation (including law firm, consultancy
firms etc.) and Company Secretary in Practice registered with the Institute for getting
training and apply with their resumes.
(ii) List of companies /organisation (including law firm, consultancy firms etc.) and list of
Company Secretaries in Practice registered for imparting training with the Institute is
available on the website of the Institute. www.icsi.edu > ‘Training’ link. List can be
available by opting any one search option provided.
(iii) Students can also contact their nearest Regional/Chapter office of the Institute for
getting information of vacancies for training and seeking assistance for the same.
(iv) Students may also request for registration of the companies /organisation (including law
firms, consultancy firms etc.) and Company Secretaries in Practice, in case the same is
not registered with the Institute for imparting training. Procedure for registration as
already given has to be followed for the same.
(v) Students may also apply to the institute for seeking assistance in searching training by
submitting their resumes.
(vi) Institute would forward the details/resumes of the students to the companies, PCS and
other organisations as per vacancies and their requirements for further short listing and
interview at their end.

7. What is the procedure to be followed by the students for getting registration of 15


months Training under the earlier Training Structure or 1/2/3 years under the modified
training structure with the company/organisation (including law firm, consultancy firms
etc.)?

Answer: Procedure to be followed for registration of Training with the company /organisation
(including law firm, consultancy firms etc.) is given below:
(i) After selection the company/organisation (including law firm, consultancy firms etc.)
would forward appointment letter indicating the date of commencement along with
prescribed Training Form (available at training page on website www.icsi.edu) to the
Institute for registration of training.
(ii) The Institute would forward the final sponsorship letter to the company/organisation
(including law firm, consultancy firms etc.) with a copy of the same to the concerned
student also.

8. Is there any limit with regard to number of trainees which a company/organisation can
impart training?
77

Answer: There is no limit for maximum number of trainees by Companies and other
organisations.

9. Can a student take transfer of training in between the training period from one
company/organisation (including law firm, consultancy firms etc.) to another
company/organisation or a Company Secretary in Practice?

Answer: Yes, a student can take transfer of training in between the training Period subject to
submission of NOC from the previous trainer.

10. What is the procedure for transfer of training in between the training period to any
company /organisation (including law firm, consultancy firms etc.) or Company Secretary
in Practice registered for imparting training with the Institute?

Answer: In case of transfer of Training, during the training period to some other
company/organisation (including law firm, consultancy firms etc.) or Company Secretary in
Practice registered for imparting training with the Institute, the student has to submit with the
Institute a Certificate of Discontinuation of Training in the Prescribed Format along with the No
Objection Certificate from the previous trainer and has to follow the same procedure for
undergoing remaining period of training as applicable in case of first trainer with the regards to
sponsorship letter, appointment letter, contract etc.

QUERRIES RELATED TO 15 MONTHS TRAINING UNDER THE EARLIER TRAINING


STRUCTURE OR 1/2/3 YEARS UNDER THE MODIFIED TRAINING STRUCTURE
WITH COMPANY SECRETARY IN PRACTICE
11. Can 15 months training under the earlier Training Structure or 1/2/3 years under the
modified training structure be undergone with any Company Secretary in Practice?

Answer: No, the aforesaid training can be undergone only with those Company Secretaries in
Practice who are registered with the Institute for imparting training.

12. Is there any limit with regard to number of trainees which a Company Secretary in
Practice can impart training to?

Answer : Yes, there is a limit with regard to number of trainees. A Company Secretary in
Practice having up to two years of continuous practice can impart training to one trainee and
further number of trainees equal to the number of years of continuous practice is permissible
subject to a maximum limit of twenty trainees. However, in case a Company Secretary in
Practice who has surrendered his Certificate of Practice, then he will be given credit to the
number of trainees permissible at the time of surrender of Certificate of Practice.

13. What is the procedure for registration of 15 months training under the earlier Training
Structure or 1/2/3 years under the modified training structure with Company Secretary in
Practice?

Answer: Procedure to be followed for registration of Training with the Company Secretary in
Practice registered with the Institute for imparting training is given below:
(i) Ensure whether the Company Secretary in Practice is registered with the Institute for
imparting training. (List of Company Secretary in Practice is registered with the Institute
for imparting training is available on training page on website www.icsi.edu);
78

(ii) Ensure whether the Company Secretary in Practice is eligible to take trainee with regard
to the entitlement of maximum number of trainees of the concerned Company Secretary
in Practice registered for imparting training with the Institute.
(iii) Candidate may apply for the issuance of sponsorship letter i.e. bio-data letter before
commencement of training in the prescribed training form which is available on the
website of the Institute at training link;
(iv) After selection a contract for training in the prescribed format has to be executed
between the Company Secretary in Practice and the student concerned on non-judicial
stamp paper or through e-stamping /franking of requisite value as applicable in their
respective state, in duplicate. Both have to keep one copy of the contract;
(v) Within 15 days of execution of contract for apprenticeship, the Company Secretary in
Practice/ student has to submit a copy of contract, the particulars as prescribed in Part A
& B with regard to employer and trainee.
(vi) Thereafter the Institute after taking the training on record will issue registration letter for
15 months training under the earlier Training Structure or 1/2/3 years under the modified
training structure to the Company Secretary in Practice with a copy to the student.

14. What would be the date of commencement of 15 months training under the earlier
Training Structure or 1/2/3 years under the modified training structure with Company
Secretaries in Practice?

Answer: 15 months training under the earlier Training Structure or 1/2/3 years under the
modified training structure with Company Secretaries in Practice would be treated as valid only
from the actual date of execution of contract for training.

15. What are the working hours for candidates undergoing training with Company
Secretary in Practice?

Answer: The candidates undergoing apprenticeship training shall be required to work during
normal hours for a period of 15 months under the earlier Training Structure or 1/2/3 years under
the modified training structure which shall not be less than 6 hours a day for 5 days in a week
during the total period of Training.

16. Can a student take transfer of training in between the training period from one
Company Secretary in Practice to another Company Secretary in Practice or a
company/organisations (including law firms, consultancy firms etc.) registered with the
Institute for imparting training OR vice versa?

Answer: Yes, a student can take transfer of training in between the training period from previous
trainer Company Secretary in Practice.

17. How many Transfers can be taken during 15 months training under the earlier
Training Structure or 1/2/3 years under the modified training structure?

Answer: It is not prescribed in Training Guidelines; however students are advised not to take
frequent transfers during training period.

18. What is the procedure for transfer of training from one Company Secretary in Practice
in between the 15 months training under the earlier Training Structure or 1/2/3 years
under the modified training structure to any other Company Secretary in Practice or
79

Company /organisations (including law firms, consultancy firms etc.) registered for
imparting training with the Institute?

Answer: In case of transfer of training from one Company Secretary in Practice during the
training period to some other Company Secretary in Practice or Company/organizations
(including law firms, consultancy firms etc.) registered for imparting training with the Institute,
the student has to submit with the Institute, a Certificate of Discontinuance of training in
prescribed format from the previous trainer Company Secretary in Practice and has to follow the
same procedure for undergoing remaining period of training as applicable in case of first trainer
employer with regard to sponsorship letter, contract for training etc.

QUERRIES RELATED TO EXEMPTION FROM UNDERGOING TRAINING


19. Who are eligible to claim exemption from undergoing Training under the earlier
training structure / Modified Training Structure?

Answer: Exemption can only be claimed on the basis of working experience after passing
the Final/Professional Programme Examination under the earlier Training structure on the basis
of work experience as given below:
(i) Three years working experience as an executive or four years as an assistant in a
company having a paid up share capital of Rs.25 lacs or more to assess the eligibility for
exemption from undergoing 12 months Management Training and partial exemption from
undergoing Practical Training on case to case basis.
(ii) two years working experience as an executive or three years as an assistant with a
Company Secretary in Practice to assess the eligibility for exemption from undergoing
12 months Management Training and partial exemption from undergoing Practical
Training on case to case bases.
(iii) In order to avail total exemption under Regulation 48 & 51 a candidate should posses
one year experience as an Assistant/Deputy Company Secretary or any other post
higher thereto in the Secretarial Department in a company or body corporate having a
paid up share capital and reserves of not less than Rs.25 lacs or any organization
having gross fixed assets of not less than Rs.50 lacs including any Public Sector
Undertaking, Autonomous body, Financial Institution or Bank, which in the opinion of the
Council, provides scope for acquiring sufficient professional experience. Please note that
15 days Management Skills Orientation Program (previously SMTP) is compulsory.

Exemption can only be claimed on the basis of working experience after passing the
Final/Professional Programme Examination under the Modified Training Structure on the
basis of work experience as given below:-
(i) One year experience as an Assistant Company Secretary or Deputy Company Secretary
or any other post equivalent or higher thereto in the Secretarial Department; or (b) two
years experience as a secretarial officer or executive or any other post equivalent or
higher thereto; or (c) three years experience as an Assistant or any other post equivalent
or higher thereto; in Secretarial Department in any company or body corporate having a
paid up share capital of not less than Fifty lakhs rupees or turnover of not less than Ten
crore rupees or in any public sector undertaking, autonomous or statutory body, financial
institution or bank which in the opinion of the Council provides scope for acquiring
sufficient professional experience; or
80

(ii) (a)Two years’ experience as Secretarial Officer or Executive or any post equivalent; or
(b) Three years’ experience as an Assistant or any other post equivalent or higher
thereto under a Company Secretary in whole time practice or in a firm of Company
Secretaries, which in the opinion of the Council provides the scope for acquiring
sufficient professional experience; or
(iii) (a) Two years’ experience of continuous practice on a whole time basis as a Chartered
Accountant or a Cost Accountant having carried out statutory or cost or internal audit or
providing management consultancy services; or (b) Two years experience of continuous
practice as an Advocate in a high court having rendered services as Counsel or Advisor
to a Company having paid up shared capital and reserves of not less than 5fifty lakhs
rupees or any organization having gross fixed assets of not less than one crore rupees,
or in a public sector undertaking, autonomous or statutory body, financial institute or
bank which in the opinion of the Council provides scope for acquiring sufficient
professional experience; or
(iv) Has acquired practical experience equivalent to those specified under sub regulation (1)
of this regulation in such professional institutions or abroad as may be recognized by the
Council in this behalf on reciprocal basis.
(v) Any person not falling in above mentioned criteria but claims to have acquired practical
experience and undergone practical training, equivalent to those specified under these
regulation.

20. What are the documents required to be submitted in order to claim exemption from
undergoing training 15 months training under the earlier Training Structure or 1/2/3 years
under the modified training structure?

Answer: Following are the documents required to be submitted in order to claim exemption from
undergoing training: -
(a) Application Form for Management /Apprenticeship/ Practical Training/ Exemption from
undergoing Training. (ST-10)
(b) Experience Certificate (s) indicating exact designation, duration of service, salary drawn,
job contents in brief duly signed by the appropriate authorized signatory of the employer
organization.
(c) Certified copy of Balance Sheet(s) in respect of the organization(s)
(d) Organization Chart indicating the position in the organizational hierarchy duly certified by
the authorized signatory of employer organization.
(e) Salary slip for the beginning and last pay drawn from the organization(s)
(f) Appointment letter from past/present employer.

QUERIES RELATED TO 03 MONTHS PRATICAL TRAINING (applicable in the


earlier Training Structure)
21. How is 03 months Practical training different from 15 monthsManagement Training?

Answer: Students who got exemption on the basis of working experience from
undergoing 12 months or more training under various provisions of the Company Secretaries
Regulations, 1982 (as amended from time to time) are required to undergo balance training of
03 months or less period in Administration/Secretarial/Finance & Accounts department for one
81

month each is termed as Practical Training. While the students who neither claim nor been
granted exemption from undergoing training are required to undergo 15 months Management
Training.

22. Whether the 03 months Practical training can be undergone with any
Company/Organization.

Answer: 03 months Practical training can be undergone only with those Company/ Organization
which are registered with the Institute for imparting 03 months Practical training to the students.

23. What is the procedure for undergoing 03 months Practical training with a Company or
other organisation?

Answer: Candidate has to follow the procedure as given below:


(i) A student has to submit an application with the Institute in prescribed training form
specifically mentioning the name of the company or organization registered with the
Institute for imparting 03 months Practical Training for issuance of sponsorship letter
(ii) The Institute will issue sponsorship letter to the concerned company or organization for
arranging the Practical training of the student with a copy to the student. Student can
commence the training only on the basis of sponsorship letter issued by the Institute.
(iii) The company or organization will intimate the date of commencement of the training of
the student to the Institute for record.
(iv) The company or organization will issue a training completion certificate on completion of
the training for record.

24. Whether the Practical training can be undergone with any Company Secretary in
Practice.

Answer: 03 months Practical training can be undergone with a Company Secretary in Practice
who is registered with the Institute for imparting training to the students.

25. What is the procedure for undergoing 03 months Practical training with a Company
Secretary in Practice?

Answer: Procedure for undergoing 03 months Practical Training with a Company Secretary in
Practice is same as in the case of 15 month training with a variation with regard to the period of
training.

QUERIES RELATED TO 15 DAYS TRAINING WITH SPECIALIZED AGENCY


(applicable in the earlier Training Structure)
26. Whether 15 days training to be undergone with any one specialized agency is
compulsory?

Answer: Yes, the 15 days training with any one specialized agency is compulsory.

27. Which are the agencies where 15 days specialised training under regulation 50(b) can
be undergone?

Answer: 15 (working) days specialised training can be undergone with ROC, Stock Exchange,
Financial or Banking Institutions, Management Consultancy Firms, Office of Official Liquidator,
Ministry of Corporate Affairs, Commodity Stock Exchange, Company Law Board, broking firm or
82

companies, Law firms, Universities (recognized by UGC), Merchant Bankers, Mutual Funds,
Insurance Companies, SMEs, Industry Associations/ Chambers of Commerce, all Ministries,
SEBI, IRDA, TRAI, CCI, Courts, Tribunals and other quasi-judicial bodies.

All these agencies have to be first registered with the Institute for imparting 15 days specialised
training.

For registration, a duly signed request letter on letter head of the specialised agency along with
supporting documents (such as balance sheet, certificate of registration from the competent
authority, profile etc.) wherever applicable is required.

28. At what stage a student can undergo 15 days training with the specialized agency?

Answer: A Final /Professional Programme passed student after completing 15 months training
(or exempted therefrom) can undergo 15 days training with any one of the prescribed
specialized agency.

29. What is the procedure for undergoing 15 days training with any of the specialized
agencies?

Answer: Student has to follow the procedure as below: -


(i) Submit an application with the Institute for issuance of sponsorship letter for undergoing
15 days training specifically mentioning the name of the specialized agency along with a
copy of Final/Professional Programme pass marksheets.
(ii) The Institute will issue sponsorship letter to the concerned specialized agency for
arranging the 15 days training with a copy to the student.
(iii) After completion of 15 days training the concerned specialized agency will issue a 15
days training completion certificate which shall be submitted with the Institute for
records.

QUERIES RELATED TO SIP/ EDP/ PDP (applicable in the earlier Training


Structure)
30. What are the various training programme which a student is required to attend &
complete in addition to MSOP?

Answer:
(a) For students registered for Executive Programme course before 1st September,2009,
following training programme are applicable :
i. 5 days Training Orientation Programme (TOP)
ii. 25 hours Academic Development Programme (ADP)
iii. 15 days Secretarial Modular Training Programme (SMTP)
(b) For students registered for Executive Programme course on or after 01st September,
2009, the following Training Programmes:
(i) 7 days Student Induction Programme (SIP)
(ii) 8 days Executive Development Programme (EDP)
83

(iii) 25 hours Professional Development Programme (PDP)

31. Whether there is any facility to attend the SIP and EDP online.

Answer: Yes, Online SIP & EDP is called e-SIP & e-EDP. It is conducted by Gurukul Online
Solutions, Mumbai. A weblink is available at institute’s website www.icsi.edu where students
can get detailed information about the same.

32. What is MSOP?

Answer: 15 days Management Skills Orientation Programme (MSOP) is conducted by CCGRT,


Regional Councils and designated Chapters on regular basis.

33. At which places MSOP are conducted?

Answer: MSOP are conducted at all the Four Regional offices and Chapters upto A Grade.

34. Whether there is a facility of residential MSOP? If yes, then where?

Answer: Yes. Residential MSOP is conducted by CCGRT, Mumbai (Belapur) on regular basis.

35. Is there any provision for getting exemption from undergoing MSOPs?

Answer: Presently, there is no provision for claiming exemption from undergoing MSOPs.

QUERIES RELATED OTHER REQUIRMENTS TO BE COMPLETED WHILE


UNDERGOING TRAINING
36. During Training Period, what are the other documents/requirements which trainees
need to submit /comply?

Answer: During training period, a trainee has to submit the following documents/ comply with
the following requirements:-
i. To submit Quarterly Report in prescribed format on completion of every quarter.
ii. To prepare a Project Report on any one of the prescribed Topics in last quarter and
submit it along with Training Completion Certificate on completion of training.

************
84

IMPORTANT CONTACT DETAILS OF


MINISTRY OF CORPORATE AFFAIRS
MINISTRY OF CORPORATE AFFAIRS
‘A’ WING,
SHASTRI BHAWAN,
RAJENDRA PRASAD ROAD
NEW DELHI-110 001
PHONE: 011-23384158/ 23384660/ 23384659
hq.delhi@mca.gov.in / oandm.dca@sb.nic.in

REGIONAL DIRECTORS (RDS)

EASTERN REGION

SH. N. K. BHOLA
NIZAM PALACE
II MSO BUILDING
3RD FLOOR, 234/4 A.J.C.BOSE ROAD
KOLKATA-700020
PHONE: 033-22870383
FAX: 033-22870958
rd.east@mca.gov.in

SOUTHERN REGION

Sh. B. K. BANSAL
5TH FLOOR
SHASTRI BHAWAN
26 HADDOWS ROAD
CHENNAI- 600006
PHONE: 044-28271737
FAX: 044-28280436
rd.south@mca.gov.in

NORTHERN REGION

Sh. A. K. Chaturvedi
A-14, SECTOR-I,
PDIL BHAVAN
NOIDA (UP)
PHONE: 0120-2445342
FAX: 0120-2445341
rd.north@mca.gov.in
85

WESTERN REGION

Sh. K.L. KAMBOJ


EVEREST 5TH FLOOR
100 MARINE DRIVE
MUMBAI - 400002
PHONE: 022-22817259, 22811493
FAX: 022-22812389
rd.west@mca.gov.in

NORTH WESTERN REGION

Sh. S.K.AGARWAL
ROC BHAVAN,
OPPRUPALPARK SOCIETY,
BEHIND ANKUR BUS STOP
NARANPURA
AHMEDABAD-380013
PHONE: 079-27437597
FAX: 079-27438371
Rd.northwest@mca.gov.in

SOUTH EAST REGION

Sh. B. N. Harish
2ND FLOOR, CPWD BLDG.
KENDRIYA SADAN, SULTAN BAZAR, KOTI,
HYDERABAD - 500195

NORTH EASTERN REGION

Sh. N. K. Bhola
MORELLO BUILDING,
GROUND FLOOR
SHILLONG - 793001
PHONE: 0364-2222519
86

REGISTRAR OF COMPANIES (ROC)

ANDHRA PRADESH & TELANGANA


Sh. N. Krishnamoorty (ROC Hyderabad)
2nd Floor, CPWD Bldg.
Kendriya Sadan, Sultan Bazar, Koti,
Hyderabad - 500195
Phone: 040-4657937,4652807
Fax: 040-4652807
roc.hyderabad@mca.gov.in

ASSAM , MEGHALAYA, MANIPURA, TRIPURA, MIZORAM, NAGALAND & ARUNACHAL


PRADESH
Sh. Gulab Chand Yadav (ROC Shillong)
Morello Building ,
Ground Floor
Shillong - 793001
Phone: 0364-2222519
roc.shilong@mca.gov.in

BIHAR & JHARKHAND


Sh. U.S Patole (ROC Patna)
Maurya Lok Complex, Block A
Western Wing, 4th Floor,
Dak Banglow Road
Patna - 800001
Phone: 0612-222172
Fax: 0612-222172
roc.patna@mca.gov.in
Sh. Swadhin Barua (ROC Ranchi)
House No-239 , Road No-4
Magistrate Colony, Doranda
Ranchi: 834002, Jharkhand
Phone: 0651-2482811/2480801

CHATTISGARH
Sh. R.K. Tiwari (ROC cum OL for Bilaspur)
Ist Floor,
Ashok Pingley Bhawan,
Municipal Corporation,
Nehru Chowk, Bilaspur- 495001
Chattisgarh
Phone: (07752)-250092(D),250094
Fax: (07752)- 250093
roc.bilaspur@mca.gov.in
87

DELHI & HARYANA

Sh. M. M. Juneja (ROC Delhi)


(A) 4th Floor, IFCI Tower,
61, Nehru Place,
New Delhi - 110019
Phone: 011-26235707, 26235708, 26235709
Fax: 011-26235702
roc.delhi@mca.gov.in

For Physical Verification Of Documents :


(B) Plot No. 6,7 & 8,Basement,
IICA Campus, Sector-5, IMT-Manesar,
Gurgaon, Haryana

GOA , DAMAN & DIU

Sh. P. Sridhar (ROC Goa)


Company Law Bhawan
EDC Comlex, Plot No. 21
Patto, Panaji, Goa-403 001
Phone/Fax(Off) 0832-2438617 / 2438618
roc.goa@mca.gov.in

GUJARAT

Sh. S. N. Misra (ROC Ahmedabad)


ROC Bhavan , Opp Rupal Park Society,
Behind Ankur Bus Stop,
Naranpura, Ahmedabad-380013
Phone: 079-27437597,
Fax 079-27438371
roc.ahmedabad@mca.gov.in

JAMMU AND KASHMIR

Sh. M.K. Bagri (AOL (acting ROC cum OL) J&K)


Hall No.405-408,
South Block, Bahu Plaza,
Rail Head Complex,
Jammu - 180012
Phone: 0191-2470306
Fax: 0191-2470306
roc.jammu@mca.gov.in
88

KARNATAKA

Sh. M. R. Bhat (ROC Banglore)


'E' Wing, 2nd Floor
Kendriya Sadana
Kormangala, Banglore-560034
Phone: 080-25633105 (Direct),
080-25537449/25633104
Fax: 080-25538531
roc.bangalore@mca.gov.in

KERALA

Sh. K.G. Joseph Jackson (ROC Ernakulum)


Company Law Bhawan, BMC Road
Thrikkakara
Kochi - 682021
Phone: 0484-2423749/2421489
Fax: 0484-2422327
roc.ernakulum@mca.gov.in

MADHYA PRADESH

Sh. J.N. Tikku (ROC Gwalior )


3rd Floor, 'A' Block, Sanjay Complex
Jayendra Ganj, Gwalior
Phone: 0751-2321907
Fax: 0751-2331853
roc.gwalior@mca.gov.in

MAHARASHTRA

A) Mumbai
Dr. T. Pandian (ROC Mumbai)
100, Everest,
Marine Drive
Mumbai- 400002.
Phone: 022-22812627/22020295/22846954
Fax: 022-22811977
roc.mumbai@mca.gov.in
89

B) Pune
Sh. Vijay Kumar Khubchandani (ROC Pune)
Registrar Of Companies
PMT Building ,
Pune Stock Exchange,
3rd Floor, Deccan Gymkhana,
Pune-411004
Phone: 020-25521376
Fax: 020-25530042
roc.pune@mca.gov.in

ORISSA
Sh. B. Mishra (ROC Cuttack)
Corporate Bhawan, 3rd Floor,
Plot No. 9 (P), Sector : 1,
CDA, Cuttack : 753014
Phone: 0671-2365361, 2366958, 266952,
Fax: 0671-2305361
roc.cuttack@mca.gov.in

PUDUCHERRY
No. 35 First Floor
Elango Nagar
Puducherry - 605011
Phone: 0413-2240129
roc.pondicherry@mca.gov.in

PUNJAB, CHANDIGARH & HIMACHAL PRADESH

Dr. Raj Singh (ROC Chandigarh and Shimla)


Corporate bhawan, Plot No.4 B,
Sector 27 B, Madhya Marg,
Chandigarh - 160019
Phone: 0172-2639415,2639416
Fax: 0172-2639416
roc.chandigarh@mca.gov.in

RAJASTHAN
Sh. R. K. Meena (ROC Jaipur)
Corporate Bhawan
G/6-7, Second Floor, Residency Area
Civil Lines, Jaipur-302001
Phone: 0141-2222465, 2222466
Fax: 0141-2222464
roc.jaipur@mca.gov.in
90

TAMIL NADU

Dr. M. Manuneethi Cholan


(A) Chennai
Block No.6,B Wing 2nd Floor
Shastri Bhawan 26,
Haddows Road,
Chennai - 600034
Phone: 044-28270071
Fax: 044-28234298
roc.chennai@mca.gov.in

(B) Coimbatore
Registrar Of Companies
Stock Exchange Building, II-Floor,
683, Trichy Road, Singanallur,
Coimbatore - 641 005
Tamilnadu
Phone: (0422) - 2318170 (D), 2318089, 2319640
Fax: (0422) - 2318089
roc.coimbatore@mca.gov.in

UTTAR PRADESH & UTTARAKHAND

Sh. S. P. Kumar (ROC Kanpur & Nainital)


10/499 B, Allenganj,
Khalasi line
Kanpur-208002
Phone: 0512-2550688
Fax: 0512-2540423
roc.kanpur@mca.gov.in

WEST BENGAL

Sh. D. Bandopadhyay (ROC Kolkata)


Nizam Palace
2nd MSO Building
2nd Floor, 234/4, A.J.C.B. Road
Kolkata - 700020
Phone: 033-2287 7390
Fax 033-22903795
roc.kolkata@mca.gov.in

**************
91

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92

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