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 computer knowledge to pass the online test, M/s Sify Software has developed an online testing portal where students can appear for online test and will be able to download their certificates after 15 days of passing of online test. This will ensure that there is no delay in receiving the certificate after clearing the online test. Students can go to the online portal, register for the test and block a centre for appearing in the test. Payment for the online test can be done both in online or offline mode (through branches of SBI using Powerjyoti scheme). Students can register them for the said online test in http://icsi.sifyitest.com.

 The registration for online exemption test from compulsory computer training through the above mentioned online portal is going to start from 19th November, 2011 onwards. Initially M/s Sify Software Ltd. shall be conducting online tests during weekends on Saturdays and at a later period they will extend the benefit in other days also.

 With effect from 1st of February 2012 M/s Sify Software Ltd will be the sole testing authority for ICSI.

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 the formulation of detailed contents of the Foundation Programme. We are pleased to inform you that the Council of the Institute has approved the new syllabus for the Foundation Programme.” 

The new syllabus of Foundation Programme will be effective from 1st February, 2012. From December, 2013 session, all students will be automatically switched over to the new syllabus. Students of existing syllabus are NOT eligible for any paper-wise exemptions on switching over to the new syllabus and they will have to appear in all the papers under the new syllabus irrespective of their performance in previous sessions of examinations or any other qualifications.

There are four subjects under the new syllabus, which are Business Environment and Entrepreneurship; Business Management, Ethics and Communication; Economics and Statistics; and Fundamentals of Accounting and Auditing.

For more details please visit http://www.icsi.edu/WebModules/Student/NewSyallabus.htm

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 CS students can undergo 6 (six) months training with the Financial Institutions/Management Consultants /Law firms which are registered with the Institute for imparting 6 (six) months training, on the basis of sponsorship letter issued by the Institute.

General Guidelines and the eligibility criteria for the eligible firms are available in the ‘Training’ section on the ICSI website.

Source of Information: ICSI Website

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 thereto by whatever name called or any other higher grade thereto in the field of Finance, Secretarial, Human Resource, Marketing, General Administration, Teaching, Research etc. in any body corporate, government body, statutory or autonomous body, public undertaking, financial institution, banks, consultancy firms, Law firms or any other organization/institution which in the opinion of the Council provides scope for adequate exposure for exemption from Students Induction Programme (SIP), or

(ii) Candidates possessing professional qualification e.g CA, CWA, LL.B, BE/B.Tech/B.Arch, MBBS, Post Graduate Degree/Diploma in Businesses Administration/ Management, MCA or any other qualification as approved by the Council from time to time. “

Students seeking exemption may apply within six months from the date of registration in the Executive Programme.

The students who were enrolled on or after 1st September 2009 and yet not undergone the SIP may also apply for the exemption.

Source of Information: ICSI website

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 in the prescribed format. The format is available under the ‘Training’ section on the website of the Institute. The format will be effective from 1st December 2011.

 

Source: www.icsi.edu

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 Company Secretaries, based on the feedback received from various stakeholders the Syllabus Review Committee has completed the formulation of detailed contents of the Foundation Programme. I am pleased to inform you that the Council of your ICSI has approved the new syllabus for the Foundation Programme.

OMR based Examination for Foundation Programme

Keeping in view the tech-savvy new generation and with a view to leverage the information technology, the Council of the Institute has decided to conduct Optical Mark Recognition (OMR) based Examination (Objective Type Multiple Choice Questions) for the Foundation Programme under new Syllabus w.e.f. December, 2012 examination. The Council further decided that the students pursuing Foundation Programme under the existing syllabus would be given two attempts to complete the Foundation Programme. The students under existing syllabus may exercise their option to switch/ change over to new syllabus wherein no exemptions will be available against their performance in previous session(s) of examinations under existing syllabus. Further, the last examination for the Foundation Programme under the existing syllabus would be held in June, 2013 and from December, 2013 session onwards all students under the existing syllabus will automatically be switched over to OMR based examination without any exemption.

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 replacing the Takeover Regulations namely SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. A copy of the new Takeover Regulations is uploaded on the Home page [Read More...]

The Institute of Company Secretaries of India is organizing a Campus Placement for the fresher members for job and for students for 15 Months Training on Saturday, the 1st October 2011 at ICSI-NOIDA, C-37, Sector 62, NOIDA. In order to provide the orientation to the members and students for facing the interviews, ICSI has been decided to organize a orientation [Read More...]

Clarification on applicability of Schedule VI of Companies Act, 1956 for December 2011 Examination The Ministry of Corporate Affairs (MCA) under notifications number S.O. 447(E) and 653(E) dated 28th February, 2011 and 30.03.2011 respectively notified that the annual accounts for the financial year ending 31st March 2012 shall be prepared in accordance with the revised Schedule VI. Hence, the new Schedule [Read More...]

Modes of Winding Up Winding up by the court Voluntary winding up Winding up subject to supervision of the court WINDING UP SUBJECT TO SUPERVISION OF COURT. Winding up subject to supervision of court, is different from “Winding up by court.” Here the court only supervises the winding up procedure. Resolution for winding up is passed by members in the [Read More...]

CSoC Mission: “To be an online guide to budding corporate professionals, to help them with knowledge resources and make them aware of latest profession related & corporate updates.” CSoC Vision: “To be a role-model among online knowledge portals, and create a brand of excellence in pure knowledge sharing with disciple and decorum, in tune with global standards”.

RSS Latest from CSoC Discussion Forum:

  • TRAINING GUIDANCE
    HELLO FRIENDS I AM A CS TRAINEE YOU CAN SHARE YOUR EXPERIENCE WITH ME.... AND ALSO YOU CAN ASK ME FOR YOUR TRAINING DOUBTS TAKE CARE […]
    CS PREETI CHAUHAN
  • CS EXECUTIVE PROGRAME RESPONSE SHEET
    Hi all, can any one please send me solved response sheet for CS Executive program. My Mail ID is Challashravan@yahoo.co.in […]
    Challa
  • cs executive notes
    plz send me cs executive notes to ma mail id nazima.perky@gmail.com […]
    nazima
  • urgent ( cs professional postel june 2012 papers )
    can any body please send me solved cs professional postel june 2012 papers ( test papers )... i have to send it before 28th feb... i have very less time ... please help me.. if any body has then send it me on my mail :- mayank8382@yahoo.com thanks in advance. […]
    mayank8382
  • Need CC Paper for CS Professional
    Hello, Pls send CC paper (Postal) for CS Professional if anybody have. my e-mail ID is - mnt_agarwal@yahoo.co.in […]
    mnt_agarwal
  • Training overseas
    Dear Friends, I wanted to know whether we can do our training or articleship abroad as I would be moving to Abudhabi next year after my executive exams. Can somebody please give me any suggestions as i want to do the training along with preparing for Finals. Thanks […]
    Rashmi Pisharody
  • cs scanner for executive
    can anyone tell me which scanner i prefer for preparation of executive programme? […]
    sandeepsrj
  • cs attempt for june 2012
    I want to give both the modules for june2012. How could I prepare for it? Can anyone tell me about How could I prepare for this? […]
    sandeepsrj

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

  • Companies Act – Section 560(6)
    R.G.SALES PVT LTD & ANR v. GIRDHARILAL PARASRAMPURIA & ANR [CAL] APO No.149 of 2011 with CP No.448 of 2010 Kalyan Jyoti Sengupta & Syamal Kanti Chakrabarti, J. [Decided on 15.06.2011] Companies Act – Section 560(6) – Company was struck of the register by ROC – An eviction suit was pending against the company – […]
  • 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 […]
© 2009 CS Students' Online Club. Promoted by: CIER. CSoC launched on 18th June, 2009
Knowledge Partner: SVJS Knowledge Lab. Pvt. Ltd.
Advisors: BMP Part & Fell. - Portal Managed by: miniMedia
CS Students Online Club & the Club Logo are the registered trademarks of the Club promoters.
Suffusion WordPress theme by Sayontan Sinha