ICSI – The Institute of company Secretaries of India – Press Meet News ,Images and Video

ICSI – The Institute of company Secretaries of India – Press Meet News ,Images and Video

Chennai, 20^th February 2021: The Institute of company Secretaries of India (ICSI) has its headquarters at New Delhi and four regional offices at New Delhi, Chennai, Kolkata and Mumbai. The Institute has 72 Chapters across India. ICSI has two overseas centres at Dubai, UAE and NewYork, USA. The Institute under “Sabka Saath Sabka Vikas” has also signed MoUs with various universities/colleges in tier 2 and tier 3 cities where chapter offices are not present for establishing ICSI Study Centres, to guide students.

Shri Nagendra D. Rao, President and Shri Devendra V. Deshpande, Vice President of the Institute of Company Secretaries of India (ICSI) while addressing a press conference today stated that “ICSI has taken various initiatives including extensive career orientation, professional development programs, brand building, ICSI Digital revolution, Recognitions, Expanding Boundaries, Initiatives for Members, Initiatives for Students, Academic Collaborations, Social Initiatives, Fee waivers, extensive research projects, re-organization and infrastructure development, study of future role of CS and globalization of profession”.

ICSI DIGITAL REVOLUTION

 E-Learning Revolution – The Institute completely transformed its remote learning landscape to real-time by rolling out various online short-term courses and free video lectures including e –Vidya Vahini, the online crash course, for its students, along with providing revision classes and conducting mock tests.

RECOGNITIONS

 Recognition under Petroleum and Natural Gas regulatory Board (Gas Exchange) Regulations,2020 Appointment of Company Secretary as Compliance Officer in every Gas Exchange or Clearing Corporation.

EXPANDING BOUNDARIES

 Inauguration of ICSI Overseas Centres in London, UK and Singapore – With the objective of promoting and developing the Company Secretary Profession across the globe, ICSI set up its ICSI Overseas Centres in London, UK on 24th August 2020 and Singapore on 19th December 2020. The Centres would augment professional opportunities for ICSI members and facilitate practical training for students, besides assisting ICSI in conducting its examinations in these countries.

INITIATIVES FOR MEMBERS

 Webinars- The Institute has been conducting a series of focused webinars during the last 6-7 months for its members to up skill their capabilities, enhance their knowledge base and unlock the professional opportunities during the Covid-19 Pandemic.

 ICSI RVO – Online Course on Valuation of Securities or Financial Assets – Considering the need for and growing demand of Registered Valuers, ICSI-RVO introduced 50 hours Online Education Course on ‘Valuation of Securities or financial Assets’ for not just members From the CS Fraternity but also for professionals from other Institutes.

 Corporate Secretary’s Tool Kit Training Programme -The ICSI Corporate Secretary’s Tool Kit Training Programme is organised by the Institute in association with Corporate Secretaries International Association (CSIA) and International Finance Corporation (IFC).  The programme is aimed at developing skill sets of the new age governance professionals and emphasises on their role in developing good corporate governance practices. It is practical guide for Company Secretaries.

ACADEMIC COLLABORATIONS

 International Commerce Olympiad – MoU with Science Olympiad Foundation – In an attempt to create awar eness about the profession of Company Secretaries among school Students, the Institute has signed a Memo randum of Understanding (MoU) with Science Olympiad Foundation for conducting International Commerce Olympiad recently.

 ICSI Academic Connect – The Institute introduced the ICSI Academic Connect to collaborate with various IIMs, Universities and Institutions of national repute to impart knowledge and acuminate skills of students, acade micians and professionals. Under the collaboration, the toppers of specific programmes of these Universitie s/Institutes will be awarded with ICSI Signature Award Gold Medal and a scholarship to pursue the Company Secretary Course.

 About ICSI 

The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parli ament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top-quality education to students of Company Secre taries Course and best quality set standards for CS members. The Institute has over 65,000 members and about 2.5 lakh students on its roll.

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1. ICSI DIGITAL REVOLUTION 

1. E-Learning Revolution

The Institute completely transformed its remote learning landscape to real-time by

rolling out various online short term courses and free video lectures including e –Vidya Vahini, the online crash course, for its students, along with providing revision classes and conducting mock tests.

All offline trainings like 15 days Academic Development Programme, 8 days Entrepreneurship Development Programme and 15 days Management Skills Orientation Programme have also been moved to the virtual platform.

2. Facilitating ICSI members through personalized Digilocker

Digitization necessitated the requirement of Electronic Documents. ICSI having joined the DigiLocker Platform of the Government of India in October 2019, is now allowing its members to download and save their Identity Cards, Associate and Fellow Certificates and Certificates of Practice from the Digilocker anytime, anywhere.

3. UDIN

The ICSI UDIN or Unique Document Identification Number is a system generated alpha numeric number that provides ease of maintaining Register of Attestation/ Certification Services rendered by practicing members. UDIN ensures compliance of the Guidelines issued by the Institute with respect to ceilings on the number of certification / attestation services.

4. eCSin

ICSI launched Employment Specific Unique Identification Number of a Company Secretary (eCSin), which is a random alphanumeric number, generated at the time of appointment as well as at the time of demitting office. eCSin brings greater transparency, ensures better governance and facilitate verification of authenticity of employment of Company Secretaries

1. RECOGNITIONS 

1. Relaxation for entry into Actuarial Profession

ICSI members have been accorded relaxation in the condition of entry to Actuarial Profession from the Institute of Actuaries of India (IAI) – A Statutory body established under an Act of Parliament.

2. Recognition under Petroleum and Natural Gas regulatory Board(Gas Exchange) Regulations,2020

• Appointment of Company Secretary as Compliance Officer in every Gas Exchange or Clearing Corporation
• PCS to certify the shareholding pattern of a Gas Exchange
• PCS to certify the shareholding pattern of a Clearing Corporation

• EXPANDING BOUNDARIES 

1. Inauguration of ICSI Overseas Centres in London, UK and Singapore

With the objective of promoting and developing the Company Secretary Profession across the globe, ICSI set up its ICSI Overseas Centres in London, UK on 24th August 2020 and Singapore on 19th December 2020. The Ce ntres would augment professional opportunities for ICSI members and facilitate practical training for students, besides assisting ICSI in conducting its examinations in these countries.

1. INITIATIVES FOR MEMBERS
2. Webinars

The Institute has been conducting a series of focused webinars during the last 6-7 months for its members to up skill their capabilities, enhance their knowledge base and unlock the professional opportunities during the Co vid-19 Pandemic.

2. Online Crash Courses & Self-Assessment Modules

The Institute initiated a series of Online Self-Assessment Modules and Crash Courses and introduced the e-credit hour facility for members during the lockdown. Members could avail the benefit of the following courses and PCH hours from the comfort of their homes:

• Crash Course on Court Craft, Pleading and Appearances
• Crash Course on Business Responsibility Reporting
• Crash Course on Company Formation and Compliances
• Crash Course on Labour Laws
• Crash Course on Corporate Restructuring
• Crash Course on Offenses and penal provisions of Companies Act,2013 
• Crash Course on Corporate Meetings
• Certificate Course on Audit, Report and Meetings
• Crash Course on NCLT
• Crash Course IBC
• Crash Course on Compliances of Securities Laws
• Crash Course on Laws related to Arbitration
• Crash Course on Intellectual Property Rights
• Crash Course on IT Tools for Professionals 

3. Online Certificate Courses

The need for continued professional development for its members has also been attended to by the Institute by bringing out an array of Online Certificate Courses listed below:

• Certificate Course on IBC
• Certificate Course on IPR
• Certificate Course on Securities Law
• Certificate Course on Corporate Restructuring
• Certificate Course on Forensic Audit
• Certificate Course on GST
• Certificate Course on RERA
• Certificate Course on Cyber Security
• Certificate Course on MSME
• Certificate Course on Women Directors
• Certificate Course on Certified CSR Professionals
• Certificate Course on FEMA
• Certificate Course on Independent Director
• Certificate Course on Commercial Contracts Management
• Certificate Course on PoSH
• ICSI – Startup India Certificate Programme (Basic)

4. ICSI RVO – Online Course on Valuation of Securities or Financial Assets

Considering the need for and growing demand of Registered Valuers, ICSI-RVO introduced 50 hours Online Education Course on ‘Valuation of Securities or financial Assets’ for not just members From the CS Fraternity but also for professionals from other Institutes.

5. Corporate Secretary’s Tool Kit Training Programme

The ICSI Corporate Secretary’s Tool Kit Training Programme is organised by the Institute in association with Corporate Secretaries International Association (CSIA) and International Finance Corporation (IFC).  The pr ogramme is aimed at developing skill sets of the new age governance professionals and emphasises on their role in developing good corporate governance practices. It is practical guide for Company Secretaries. 

1. INITIATIVES FOR STUDENTS 

1. Company Secretary Executive Entrance Test (CSEET)

Keeping in view the diverse academic standards of students seeking admission in the Company Secretary Cou rse and to test their aptitude for the Company Secretary Profession, the ICSI recently introduced Company Secr etary Executive Entrance Test (CSEET) as the qualifying test for registration to Executive Programme. The ent rance test is a Computer Based Test (CBT) with an online Viva-Voce, designed to attract meritorious students into the CS course.

In wake of Covid-19 pandemic, ICSI has conducted CSEET through Remote Proctored Mode, wherein the candidates can appear for the test through laptop/desktop from their home/other convenient place.

2. Implementation of New training Structure under CS (Amendment) Regulations, 2020

The Institute, implemented its New Training Structure on 3^rd February, 2021, as per Regulation 46BA and 46BB under The Company Secretaries (Amendment) Regulations, 2020. Highlights of the new training structure are :

• One month Executive Development Programme (EDP)

The Executive passed students are required to undergo One Month Executive Development Programme (EDP) that would equip them for the mandatory Practical Training in the industry / with Practicing Company Secretary.

• Practical Training

The students are required to undergo a 21 months practical training, with Industry/Practicing Company Secretary and other entities after completion of their one month EDP.

• Corporate Leadership Development Programme (CLDP)

After completion of the Professional Programme Examination and Practical Training, the students are required to undergo the Corporate Leadership Development Program (CLDP) for honing their Communication, Legal, Man agerial and IT acumen.

3. Quiz Competitions

• All India Online Current Affairs and GK Quiz
• All India Company Law Quiz

1. ACADEMIC COLLABORATIONS

1. International Commerce Olympiad – MoU with Science Olympiad Foundation

In an attempt to create awareness about the profession of Company Secretaries among school Students, the Institute has signed a Memorandum of Understanding (MoU) with Science Olympiad Foundation for conducting International Commerce Olympiad recently. 

2. ICSI Academic Connect

The Institute introduced the ICSI Academic Connect to collaborate with various IIMs, Universities and Institu tions of national repute to impart knowledge and acuminate skills of students, academicians and professionals. Under the collaboration, the toppers of specific programmes of these Universities/Institutes will be awarded with ICSI Signature Award Gold Medal and a scholarship to pursue the Company Secretary Course. The MoU would also facilitate a comprehensive partnership in the areas of joint academic research, joint workshops, profes sional development & faculty development programmes along with sharing of resources and partici pat ion in conferences, workshops and seminars.

Under the umbrella, the following initiatives were undertaken:

• ICSI Signature Award Scheme
• ICSI Empanelment of Faculties /Trainers
• ICSI Library Scheme for Universities and Institutions
• Participation in National/International Seminars and Workshops
• Faculty Development Programmes
• ICSI Counsellors
• ICSI Study Centre Scheme
• ICSI MoU with Universities for Research & Ph.D Programme  

• ICSI SOCIAL INITIATIVES 

1. Shaheed Ki Beti Certificate

Under this unique initiative, ICSI presents certificates to the dignitaries / guest / faculty members with a certif icate of an amount and an equivalent amount is donated to girl child of the martyrs to financially support the her higher education or for any other purpose.

2. Contribution to PM CARES FUND

ICSI contributed a sum of rupees Twenty Five Lakh to the PM CARES Fund in the first tranche followed by a second tranche of Five Crore Rupees. The contribution was acknowledged and appreciated by Hon’ble Prime Minister, Shri Narendra Modi.

3. Blood Bank Portal

Covid-19 pandemic called for a heightened effort to support the nation and fellow citizens. ICSI with its ded icated Blood Bank Portal provided easy access to those in need and for those who were willing to donate blood.

4. ICSI Students Education Fund Trust

The Institute has created ‘ICSI Students Education Fund Trust’ to encourage and motivate academically bright but economically backward students to pursue CS Course thus contributing to the objectives of nation building and social responsibility.

• PUBLICATIONS

1. To enhance the knowledge repository of the professionals, the Institute has unveiled number of publications: 

• Stress Management in Turbulent Times
• Referencer on Boards’ Report
• Guide to Board Evaluation
• Compilation of 25 Info Capsules (5 Series till date)
• Referencer on E-Form PAS-6
• The Impact Analysis of Turbulent Times on Company Secretaries
• FAQs on Virtual Meetings
• MCQs Valuation of Securities or Financial Assets
• Handbook on the Code of Wages, 2019
• Mastering Global Corporate Governance
• Ancient Scriptures – The New Age Guide to Governance Maxims
• Parliament Governance – An insight into best practices
• Code for Charity Governance in 12 regional languages
• Model Code for Meetings of Gram Panchayats in 12 regional languages
• Company Secretary in Practice – Ready Reckoner (Third Edition)

Preeti Kaushik Banerjee 

Director 

Corporate Communication & International Affairs  

Tel: 011-4534 1022 

Email:preeti.banerjee@icsi.edu

About ICSI 

 The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parlia ment, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Se cretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top-quality education to students of Company Secret aries Course and best quality set standards for CS members. The Institute has over 65,000 members and about 2.5 lakh students on its roll.