The Institute of Company Secretaries of India (ICSI ) has recently signed an agreement with M/s Sify Software Limited. As per the revised arrangement the online test for compulsory computer training of the students, which is being presently conducted by M/s Aptech Ltd. will be henceforth conducted by M/s Sify Software Ltd. To facilitate the mandatory requirement for students having [Read More...]

As expected the ICSI has announced a new syllabus and OMR based exam pattern for its CS course. As per a web release ICSI has stated that “The Foundation Programme being the entry level to the Company Secretaryship Course and gateway to the profession of Company Secretaries, the Syllabus Review Committee based on the feedback received from various stakeholders has completed [Read More...]

GAIL INDIA LTD. & HINDUSTAN UNILIVER LIMITED GETS 11th ICSI National Award for Excellence in Corporate Governance 2011 (Presentation Ceremony held on 23rd Dec 2011 at Taj Krishna, Hyderabad.); SHRI AZIM PREMJI RECEIVES ICSI LIFE TIME ACHIEVEMENT AWARD.

11th ICSI National Award for Excellence in Corporate Governance 2011 Presentation Ceremony on 23rd Dec 2011 at Taj Krishna, Hyderabad.

The Foundation Day of the Institute of Company Secretaries of India (ICSI) was celebrated on 9th Dec 2011. Minister of Corporate Affairs, India and other experienced personalities from ICSI expressed their views on shaping the Corporate Environment of India. Mr. R P N Singh, Hon’ble Minister of State for Corporate Affairs, Government of India, while delivering the ICSI Foundation DAY [Read More...]

COMPANY SECRETARYSHIP STUDENTS GETS NEW AVENUES FOR THEIR TRAINING – 6 (SIX) MONTHS TRAINING WITH FINANCIAL INSTITUTIONS/MANAGEMENT CONSULTANTS /LAW FIRMS ALLOWED BY ICSI. The Council of the Institute of Company Secretaries of India has allowed Financial Institutions/Management Consultants /Law firms to impart part of training (6 Months) of the 15 Months training to the Executive/Professional pass CS students. Accordingly, the [Read More...]

Highlights of New Companies Bill, 2011, The New Companies Bill, 2011 is likely to be introduced in the Parliament in Winter Session. 1.       Mandatory rotation of Independent Directors in every 10 years 2.       Periodic rotation of Auditors after every 4 years 3.       Profit-making companies above a certain threshold will have to spend at least 2% of the average profits in the preceding three years [Read More...]

The Council of the Institute of Company Secretaries of India, the apex body for regulating the Company Secretary Profession in India has approved the eligibility criteria for grant of exemption from undergoing Student Induction Programme (SIP) .The following candidates are exempted from under going SIP: (i) Candidates having one year of working experience as assistant or any other post equivalent [Read More...]

The Training & Educational Facilities Committee of the Council has approved the new format of the quarterly report to be submitted by the students. Students undergoing 15 months training or part training with Companies, PCS, MCA,ROC,RD,OL ,Financial Institutions, Law firms, Consultancy firms, IICA or any other organization registered with institute for imparting training are required to submit the quarterly report [Read More...]

The ICSI has decided to introduce New Syllabus & OMR based (Objective Type Multiple Choice Questions) for the Foundation Programme under new Syllabus w.e.f. December, 2012 examination. Please read below – Source: ICSI President Message Nov 2011: New syllabus for Foundation Programme The Foundation Programme being the entry level to the Company Secretaryship Course and gateway to the profession of [Read More...]

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RSS Latest from CSoC Discussion Forum:

CSoC Definitions:

CSoC Definition of Corporate Governance:
“Corporate Governance is the culture of managing a corporate entity, whereby compliance with law, procedures, systems, code of ethics and best practices are ensured thus adding value to shareholders and contributing to the well being of all stakeholders.”


CSoC Definition of Compliance Management:
“Compliance Management is that part of management which specializes in compliance with laws, rules, regulations, code of conduct, management polices, systems and secretarial standards in order to achieve the organization objectives legally, ethically and transparently.”

RSS Case Laws

  • Arbitration Act, 1940 – Contract prohibited payment of interest
    UNION OF INDIA v. KRAFTERS ENGINEERING & LEASING (P) LTD [SC] Civil Appeal No. 2005 of 2007, P Sathasivam & A.K. Patnaik, JJ. [Decided on 12/07/2011] Arbitration Act, 1940 – Contract prohibited payment of interest – Arbitrator awarded interest – Whether tenable – Held, No Brief facts: On 16.05.1988, the respondent was awarded with a […]
  • Indian Stamp Act, 1899 (as applicable to Delhi) read with the Companies Act, 1956
    S. E. INVESTMENTS LTD. V. UNION OF INDIA & ORS [DEL] W.P.(C) 2393/2010 S. MURALIDHAR [Decided on 21.04.2011 Indian Stamp Act, 1899 (as applicable to Delhi) read with the Companies Act, 1956 – Increase in authorized share capital – Whether stamp duty is payable on the increased quantum – Held, No. Brief facts: The Petitioner, […]
  • Consumer Protection Act, 1986 read with Sale of Goods Act, 1930
    RAVINDER RAJ v. M/S. COMPETENT MOTORS CO. PVT. LTD. [SC] Special Leave Petition (Civil) No(S).10364/2006 Altamas Kabir, J. & C Joseph, J[Decided on 10/02/2011]   Consumer Protection Act, 1986 read with Sale of Goods Act, 1930 – Booking of car – Before delivery of the car the price of the car increased due to increase […]
  • Industrial Dispute Act – Sections 2(s), 25(N)
    Industrial Dispute Act – Sections 2(s), 25(N) – Illegal termination- Employer fails to lead evidence that the complainants are not workmen – Award favouring the workmen passed by the industrial adjudicator – Whether correct – Held, yes.  Brief facts: The petitioner employer by these writ petitions impugns separate but identical awards of the Industrial Adjud […]
  • Employees Provident Funds and Miscellaneous Provisions Act, 1952 – Section 7A
    SAYEDABAD TEA COMPANY LTD. & ANR v. UNION OF INDIA & ORS [CAL] Rvw No. 93 of  2007 with Can No. 9721 of 2010 Kalidas Mukherjee & Raghunath Bhattacharyya, JJ. [Decided on 17/ 05/2011] Employees Provident Funds and Miscellaneous Provisions Act, 1952 – Section 7A – Assessment as to contribution was determined – Company filed […]
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