Institute of Company Secretaries of India
From Wikipedia, the free encyclopedia
 |
This article may need to be wikified to meet Wikipedia's quality standards. Please help by adding relevant internal links, or by improving the article's layout. (January 2009) |
The 'Institute of Company Secretaries of India(ICSI) is the organisation for the regulation and continuing professional development of company secretaries in India. A Company Secretary is the backbone of a company overseeing the compliance status on a continuing manner.ICSI conducts examinations for acquiring membership in the institute.Membership is primarily Associate and then Fellow. As per the provsio to Section 383 A of the Companies Act, 1956, all the companies having a paid up capital of Rs. 500 M is mandataorily requried to appoint a Whole time Company Secretary. Those companies having a paid capital greater than Rs. 10 M and less than Rs. 500 M are requried to procure Compliance Certificate from a Practising Company Secretary which has to be annexed to the Directors' Report along with the Annual Accounts. Thus there are two areas in the career Viz. In whole time employment and whole time Practice.
[edit] External links
As per the Companies Act 1956, if the company is having more than 5 crore of share capital, it is mandotary to appoint a full time Company Secretary, and if company has 10 lakhs and more but less than 5 crores paid up capital, it has to get certificate from a Practicing Company Secretary.
