Dear Students, - ICSI...completion of our 50 years journey with the laurels of success and ... one hundred crore rupees the Act shall not apply. To declare a person an FEO, an application

‘The Foundation of Freedom is Unity’: Oliver Kemper

Dear Students,

In union there is a strength and with strength we stand resilient in presiding the globe with our competence and efficiency. Friends, our flag is not just a reflection of one of the many political points of view, rather our flag is a symbol of our national unity. Since ancient times prominent thought leaders emphasised on the power of unity and asserted time and again that the unity of self and of mankind is a key behind the success of any nation at holistic level.

Swami Vivekananda in his treatise quoted that ‘the whole universe is a tremendous case of unity in variety. There is only one mass of mind. Different states of that mind have different names. They are different little whirlpools in this ocean of mind. We are universal and individual at the same time. Thus the play is going on. In reality this unity is never broken. Matter, mind, and spirit are all one. Following the spirit of Unity in the development of mankind, Pandit Nehru, the First Prime Minister of India coined the phrase ‘Unity in Diversity’ for India. Friends the term ‘Unity in Diversity’ for India explains how in spite of different languages, religion and cultures, there is unity in India. The interdependence of communities on each other, forges a link of bond and unity, which need to be preserved for centuries to upkeep ‘Sashakt Bharat, Samridh Bharat’ (Empowered India, Prosperous India).

Besides all these thought leaders, Sardar Vallabhbhai Patel, the Iron Man of India has really unified the country. Considering the significance of unity in the inclusive growth of the nation and respecting the role of Sardar Vallabhbhai Patel in keeping India united, we all witness the Rashtriya Ekta Diwas (National Unity Day) on 31st October.

Friends, with the Government making all necessary reforms, the Nation has been escalated to the level where no one can undermine National Unity and our glowing progression as a upcoming leader of the world.

Moving aligned with the concept of Unity, we as a professional body are also taking necessary steps in rising our profession with unity and integrity. The completion of our 50 years journey with the laurels of success and accomplishment is none other than the result of our unity and harmony towards serving the nation with the premium practice of good governance.

With this, I am sure that legacy of the Institute would be honoured manifold with the pre-eminent set of harmony and unity among all stakeholders.

Let’s pledge to unite for ourselves and for the nation.

Best Wishes

CS Makarand Lele President, ICSI

e-bulletin 2 November 2018

Academic Guidance

Fugitive Economic Offenders Act, 2018 : A Snap-Shot*

Introduction

The Union Finance Minister Mr. Arun Jaitley, in his Budget speech for 2017, had announced that Central Government was considering the introduction of legislative changes to confiscate the assets of ‘big time offenders’, including economic offenders, who flee the country to escape the Indian legal system.1

After the recent financial frauds came to fore in India, it became apparent that the existing civil and criminal provisions are not entirely adequate to deal with the severity of the problem. The absence of offenders during investigations poses problems for the probing agencies apart from undermining the law of the country.

Consequent upon the PNB Scam in the early month of 2018, the process has been expedited to stop economic offenders who leave the country to avoid due process. Therefore, in order to provide for measures to deter fugitive economic offenders from evading the process of law in India by staying outside the jurisdiction of Indian courts, to preserve the sanctity of the rule of law in India and for matters connected therewith or incidental thereto, Lok Sabha has cleared Fugitive Economic Offenders Ordinance, 2018 during the monsoon session of Parliament. The bill, which was approved by the union cabinet in April this year, empowers authorities to attach and confiscate properties and assets of economic offenders like loan defaulters who flee the country.2

The Fugitive Economic Offenders Act 2018 assented by the President. The Provisions become effective from 21st day of April, 2018

The Fugitive Economic Offenders Bill, 2018 was passed by the Rajya Sabha on July 25, 2018. The Lok Sabha had cleared the measure on July 19, 2018.

The Fugitive Economic Offenders Act 2018 (No. 17 of 2018) of Parliament has received the assent of the President on the July 31, 2018, and has been notified in the official gazette.

It is an Act to provide for measures to deter fugitive economic offenders from evading the process of law in India by staying outside the jurisdiction of Indian courts, to preserve the sanctity of the rule of law in India and for matters connected therewith or incidental thereto.

Fugitive Economic Offenders Act, 2018 – Purpose and Objective

The Fugitive Economic Offenders Act 2018 empowers authorities to attach and confiscate properties as well as assets of economic offenders like loan defaulters who flee the country.

* Dr. Gargi Rajvanshi, Assistant Director, ICSI.

The views expressed are personal views of the author and do not necessarily reflect those of the Institute.

1Radhakrishanan Sruthi (2018), The Hindu Explains: The Fugitive Economic Offenders Bill, 2017, The Hindu

2 Express Web Desk (2018), What is Fugitive Economic Offenders Bill, 2018, The Indian Express


It re-establishes the rule of law where the accused will be forced to return to India and face trial for his offences.

This would help the financial institutions to recover a higher amount from such fugitive economic offenders.

The Benefit of the Act

The Act is expected to re-establish the rule of law as the accused will be forced to return to India and face trial for his offences. This would also help the banks and other financial institutions to achieve higher recovery from financial defaults committed by such fugitive economic offenders, improving the financial health of such institutions.

The Impact of the Act

It is expected that the creation of a special forum for a speedy confiscation of the proceeds of crime, in India or abroad, would force the fugitive to return to India to submit to the jurisdiction of courts in India to face the law in respect of scheduled offences.

Strategy for Implementation and Targets

The Act makes provisions for a 'Special Court' under the Prevention of Money-Laundering Act, 2002 to declare a defaulter as 'Fugitive Economic Offender' who can be identified as a person against whom an arrest warrant has been issued in respect of a scheduled offence and who has left India or if abroad, refuses to return to avoid criminal prosecution.

Further, in order to ensure that courts are not over-burdened with such cases, only those cases are included in the purview of this ordinance where the total value involved in such offences is 100 crore rupees or more.

Other Provisions of the Act

The Act allows for a person to be declared as a Fugitive Economic Offender (FEO) if: i. An arrest warrant has been issued against him for any specified offences where the value

involved is over Rs 100 crore, and ii. He has left the country and refuses to return to face prosecution.

The fugitive economic offender means any individual against whom a warrant for arrest in relation to a Scheduled Offence has been issued by any Court in India where such individual has left India so as to avoid criminal prosecution; or being abroad, refuses to return to India to face criminal prosecution. However if the total value involved in such offence or offences is less than one hundred crore rupees the Act shall not apply.

To declare a person an FEO, an application will be filed in a Special Court (designated under the Prevention of Money-Laundering Act, 2002) containing details of the properties to be confiscated, and any information about the person’s whereabouts. The Special Court will require the person to appear at a specified place at least six weeks from issue of notice. Proceedings will be terminated if the person appears.

The Director appointed under the Prevention of Money-laundering Act, 2002 (PMLA) or any other officer not below the rank of Deputy Director authorized by the Director has reason to believe (the reasons for such belief to be recorded in writing), on the basis of material in his possession, that any individual is a fugitive economic offender, he may file an application in the Court of Session designated as Special Court under PMLA that such individual may be declared as a fugitive economic offender.


The Director/any other officer have been vested with the same powers as are vested in a civil court under the Code of Civil Procedure, 1908 while trying a suit under the Act. The Act also provide for Power of survey, Search and seizure, Search of persons etc.

However, the burden of proof for establishing that an individual is a fugitive economic offender or that a property is the proceeds of crime shall be on the Director/authorized person

With the permission of the said Special Court, the property of such fugitive economic offender may be attached. Also, on declaring an individual a fugitive economic offender the Special Court may order that properties out of the proceeds of crime in India or abroad, whether or not such property is owned by the fugitive economic offender and any other property or benami property in India or abroad, owned by the fugitive economic offender, shall stand confiscated to the Central Government.

The Act allows authorities to provisionally attach properties of an accused, while the application is pending before the Special Court.

Under the Act, any court or tribunal may bar an FEO or an associated company from filing or defending civil claims before it.

Under the Act, an FEO’s property may be confiscated and vested in the central government. The Act allows the Special Court to exempt properties where certain persons may have an interest in such property (e.g., secured creditors).

The Act does not require the authorities to obtain a search warrant or ensure the presence of witnesses before a search.

The Act provides for confiscation of property upon a person being declared an FEO.

This Act will be an effective, expeditious and constitutional way to stop these offenders from running away and to deter them in committing the offences shattering the economy of the country.

References

PRS Legislative Research (2018), The Fugitive Economic Offenders Bill, 2018. Raghavan Sharad TCA (2018), Explaining the Fugitive Economic Offenders Ordinance, The

Hindu. Ashok K.M., (2018), Fugitive Economic Offenders Ordinance-2018 Promulgated; Salient

Features, The Live Law. The Fugitive Economic Offenders Ordinance, 2018, The Gazette of India.

***


PRACTICE MANUAL

To build competency in practical oriented subjects by providing the students with a pool of solved practical problems, Practice Manual for the following papers have been released by the Institute.

Cost and Management Accounting (Executive Programme) Company Accounts and Auditing Practices (Executive Programme) Financial Treasury and Forex Management (Professional Programme)

Soft copies of the Practice Manuals are available on ICSI website under the head Academic corner at the link : https://www.icsi.edu/AcademicCorner.aspx. The students, who wish to procure printed copies, may purchase from sale counters at ICSI Regional offices/ Chapter offices or order it online through e-cart on ICSI website.

For any feedback / queries, students may please write at [email protected].

https://www.icsi.edu/AcademicCorner.aspx


Hindi Books relevant for CS Course Curriculum

From Shree Mahavir Publications:

Vyavsayik Arthshasttra, Part – I, by M D Aggarwal

Vyavsayik Vatavaran Avem Udhiamitta by Gupta & Chaturvedi

Vyavasayik Prabandh, Neeti shastra Avem Sanchar, by Sharma & Chaturvedi,

Vyavasayik Arthashasttra Part – II, by S C Sharma,

Lekhankan Ke Mool tatv Avem Ankenshan, by P C Gupta & C L Chaturvedi

Aarthik Avem Samanaye Vidhi, by Jain & Gupta

Prabhandh Lekhanken by M D Aggarwal & N P Aggarwal

Lagat Lekhanken by S N Maheshwari & S N Mittal

Cost Accounting – Theory & Problems by Maheshwari SN & Mittal SN

Cost Accounting & Financial Management, by S N Maheshwari & S N Mittal

Audhyogik, Shram Avem Samanye Vidhi by Jain & Gupta

Pratibhouti Sanniyam Avem Anupalan, by Jain & Gupta

Adhunik Bhartiya Company Adhiniyam by M C Kuchhal

Adhunik Bhartiya Company Law by M C Kuchhal

From Taxmann Publications:

Vyaparik Evam Samanya Vidhi by Shubham Aggarwal

Bharat Law House:

Systematic Approach to Taxation Containing Income Tax & Indirect Taxes by Dr. Girish Ahuja & Dr. Ravi Gupta

Eastern Book Company:

Adminstrative Law (Prashasanik Vidhi) by C K Tekwani

Consumer Protection Law (Upbhokta Sanrakshan Vidhi) by S P Gupta

Company Law (Company Vidhi) by Avtar Singh

Constitution of India (Bharat Ka Samvidhan) by EBC

Art of Conveyancing and Pleading (Abhivachonon ke Prarooparn aur Abhihastaantarn - lekhan ki kala) by Murli Manohar

Systematic Approach to Income Tax, Service Tax & VAT (Hindi Edn.) by Dr. Girish Ahuja.








Webinar on “Amendments in Direct Taxation (Finance Act 2017)”

Dear Students,

With a view to facilitate the Students preparing for December, 2018 examination and to clarify their doubts relating to Direct Tax Laws, the Institute organised a webinar on Amendments in Direct Taxation (Finance Act, 2017) on August 2nd, 2018. The webinar was addressed by Dr. Girish Ahuja and received an overwhelming response.

Students, who could not participate in the webinar, can view the same at the following link:

https://dezd00medastx.cloudfront.net/belivevod/production/riyaz_2018-08-02-15.02.05.844-IST_0.mp4

Attention Students

The academic guidance for December, 2018 examinations of the Institute, pertaining to the subjects covered under Executive Programme (Old and New Syllabus) and Professional Programme has been uploaded on the website of the Institute in the Academic Corner section and can be accessed at the web link

https://www.icsi.edu/GuidanceforDecember2018Examination.aspx.

The students appearing in December, 2018 exams may refer the same in addition to the prescribed Study material of the subjects.

***



https://www.icsi.edu/GuidanceforDecember2018Examination.aspx


Legal World

CORPORATE LAWS

STANDARD CHARTERED BANK & ORS v. DIRECTORATE OF ENFORCEMENT & ORS [SC]

Civil Appeal No. 1748 of 1999 along with batch of other civil appeals, criminal & a criminal writ petition

N. Santosh Hegde, K. G. Balakrishnan, D. M.Dharmadhikari, Arun Kumar & B. N. Srikrishna, JJ. [Decided on 05/05/2005]

Equivalent citations: (2005) 4 SCC 530; (2005) 125 Comp Cas513; SCC (Crl) 961.

Foreign Exchange Regulation Act, 1973 - section 50 & 51 - mandatory punishment of imprisonment and fine- whether a company could be prosecuted- Held, yes.

Brief facts: The interesting question of law, settled in this case, was whether a company or a corporate body could be prosecuted for offences for which the sentence of imprisonment and fine is a mandatory punishment.

Prosecution was initiated against the appellant under Section 50 read with Section 51 of the Foreign Exchange Regulation Act, 1973 (for short, the FERA Act). The appellant, relying on Assistant Commissioner, Assessment-II Bangalore & Ors v. Velliappa Textiles Ltd & Anr. (2003) 11 SCC 405, contended that it was not liable to be prosecuted for the offence under Section 56 of the FERA Actas the minimum punishment prescribed is imprisonment for a term which shall not be less than six months and with fine. The bench doubted the correctness of the above decision and by reference, the matter has thus been placed before the constitution bench by the learned Chief Justice of India for decision.

Decision : Appeal dismissed by 3:2 majority.

Reason : In Velliappa Textiles' case (supra), by a majority decision it was held that the company cannot be prosecuted for offences which require imposition of a mandatory term of imprisonment coupled with fine. It was further held that where punishment provided is imprisonment and fine, the court cannot impose only a fine.

There is no dispute that a company is liable to be prosecuted and punished for criminal offences. Although there are earlier authorities to the effect that corporations cannot commit a crime, the generally accepted modern rule is that except for such crimes as a corporation is held incapable of committing by reason of the fact that they involve personal malicious intent, a corporation may be subject to indictment or other criminal process, although the criminal act is committed through its agents.

As in the case of torts, the general rule prevails that the corporation may be criminally liable for the acts of an officer or agent, assumed to be done by him when exercising authorized powers, and without proof that his act was expressly authorized or approved by the corporation. In the statutes defining crimes, the prohibition is frequently directed against any "person" who commits the prohibited act, and in many statutes the term "person" is defined. Even if the person is not specifically

https://indiankanoon.org/doc/1886158/



defined, it necessarily includes a corporation. It is usually construed to include a corporation so as to bring it within the prohibition of the statute and subject it to punishment. In most of the statutes, the word "person" is defined to include a corporation.

Therefore, as regards corporate criminal liability, there is no doubt that a corporation or company could be prosecuted for any offence punishable under law, whether it is coming under the strict liability or under absolute liability.

Inasmuch as all criminal and quasi-criminal offences are creatures of statute, the amenability of the corporation to prosecution necessarily depends upon the terminology employed in the statute. In the case of strict liability, the terminology employed by the legislature is such as to reveal an intent that guilt shall not be predicated upon the automatic breach of the statute but on the establishment of the ‘actus reus’, subject to the defence of due diligence. The law is primarily based on the terms of the statutes. In the case of absolute liability where the legislature by the clearest intendment establishes an offence where liability arises instantly upon the breach of the statutory prohibition, no particular state of mind is a prerequisite to guilt. Corporations and individual persons stand on the same footing in the face of such a statutory offence. It is a case of automatic primary responsibility. It is only in a case requiring mens rea, a question arises whether a corporation could be attributed with requisite mens rea to prove the guilt. But as we are not concerned with this question in these proceedings, we do not express any opinion on that issue.

Going by the provisions in Section 56 of the FERA Act, if the view expressed in Velliappa Textiles is accepted as correct law, the company could be prosecuted for an offence involving rupees one lakh or less and be punished as the option is given to the court to impose a sentence of imprisonment or fine, whereas in the case of an offence involving an amount or value exceeding rupees one lakh, the court is not given a discretion to impose imprisonment or fine and therefore, the company cannot be prosecuted as the custodial sentence cannot be imposed on it.

The question whether a company could be prosecuted for an offence for which mandatory sentence of imprisonment is provided continued to agitate the minds of the courts and jurists and the law continued to be the old law despite the recommendations of the Law Commission and the difficulties were expressed by the superior courts in many decisions.

As the company cannot be sentenced to imprisonment, the court cannot impose that punishment, but when imprisonment and fine is the prescribed punishment the court can impose the punishment of fine which could be enforced against the company. Such a discretion is to be read into the Section so far as the juristic person is concerned. Of course, the court cannot exercise the same discretion as regards a natural person. Then the court would not be passing the sentence in accordance with law. As regards company, the court can always impose a sentence of fine and the sentence of imprisonment can be ignored as it is impossible to be carried out in respect of a company. This appears to be the intention of the legislature and we find no difficulty in construing the statute in such a way. We do not think that there is a blanket immunity for any company from any prosecution for serious offences merely because the prosecution would ultimately entail a sentence of mandatory imprisonment. The corporate bodies, such as a firm or company undertake series of activities that affect the life, liberty and property of the citizens. Large scale financial irregularities are done by various corporations. The corporate vehicle now occupies such a large portion of the industrial, commercial and sociological sectors that amenability of the corporation to a criminal law is essential to have a peaceful society with stable economy.

We hold that there is no immunity to the companies from prosecution merely because the prosecution is in respect of offences for which the punishment prescribed is mandatory


imprisonment. We overrule the views expressed by the majority in Velliappa Textiles on this point and answer the reference accordingly.

K. KISHAN v. VIJAY NIRMAN COMPANY PVT. LTD [SC]

Civil Appeals No. 21824 and 21825 of 2017

R.F. Nariman & Indu Malhotra, JJ. [Decided on 14/08/2018]

Insolvency and Bankruptcy Code, 2016 read with the Arbitration and Conciliation Act, 1996 – operational debt- arbitration award in favour of operational creditor – corporate debtor challenged the award- insolvency petition filed against corporate debtor based on the award as admitted debt- NCLT and NCLAT entertained the application - whether tenable- Held, No.

Brief facts : The present appeals raise an important question as to whether the Insolvency and Bankruptcy Code, 2016 (“the Code”) can be invoked in respect of an operational debt where an Arbitral Award has been passed against the operational debtor, which has not yet been finally adjudicated upon.

Vijay Nirman Company Pvt. Ltd. (the Respondent) entered into a sub-Contract Agreement with one M/s Ksheerabad Constructions Pvt. Ltd. (‘KCPL’) to undertake road construction work. During the course of the project, disputes and differences arose between the parties and the same were referred to an Arbitral Tribunal, which delivered its Award in favour of the respondent. KCPL challenged the award, in appeal, under section 34 of the Arbitration and Conciliation Act, 1996. Meanwhile, Respondent sent a demand notice under the I&B Code and also initiated insolvency proceedings against KCPL. In reply to the notice KCPL claimed that there is a dispute and the award has been challenged, adjudication of which is pending. NCLT as well as NCLAT admitted the insolvency petition stating that challenge of award could not be considered to be ‘existence of dispute’ under the I& B Code. This is under challenge in the present appeals.

Decision : Appeals allowed.

Reason : A reading of Section 9(5) (ii) (d) would show that an application under Section 8 must be rejected if notice of a dispute has been received by the operational creditor. In the present case, it is clear on facts that the entire basis for the notice under Section 8 of the Code is the fact that an Arbitral Award was passed on 21.07.2017 against the Appellant. As has been pointed out by us, this clearly appears from the gist of the case that was filed along with the insolvency petition. The fact that the reply of 16.02.2017 to the notice given under Section 8 was within 10 days, and raised the existence of a dispute, also cannot be doubted.

Our recent judgment in Mobilox Innovations (supra) throws considerable light on the issue at hand. Following this judgment, it becomes clear that operational creditors cannot use the Insolvency Code either prematurely or for extraneous considerations or as a substitute for debt enforcement procedures. The alarming result of an operational debt contained in an arbitral award for a small amount of say, two lakhs of rupees, cannot possibly jeopardize an otherwise solvent company worth several crores of rupees. Such a company would be well within its rights to state that it is challenging the Arbitral Award passed against it, and the mere factum of challenge would be sufficient to state that it disputes the Award. Such a case would clearly come within para 38 of Mobilox Innovations (supra), being a case of a pre-existing ongoing dispute between the parties. The Code cannot be used in terrorem to extract this sum of money of Rs. two lakhs even though it may not be finally payable as





adjudication proceedings in respect thereto are still pending. We repeat that the object of the Code, at least insofar as operational creditors are concerned, is to put the insolvency process against a corporate debtor only in clear cases where a real dispute between the parties as to the debt owed does not exist.

We repeat with emphasis that under our Code, insofar as an operational debt is concerned, all that has to be seen is whether the said debt can be said to be disputed, and we have no doubt in stating that the filing of a Section 34 petition against an Arbitral Award shows that a pre-existing dispute which culminates at the first stage of the proceedings in an Award, continues even after the Award, at least till the final adjudicatory process under Sections 34 & 37 has taken place.

We may hasten to add that there may be cases where a Section 34 petition challenging an Arbitral Award may clearly and unequivocally be barred by limitation, in that it can be demonstrated to the Court that the period of 90 days plus the discretionary period of 30 days has clearly expired, after which either no petition under Section 34 has been filed or a belated petition under Section 34 has been filed. It is only in such clear cases that the insolvency process may then be put into operation.

We may hasten to add that there may also be other cases where a Section 34 petition may have been instituted in the wrong court, as a result of which the petitioner may claim the application of Section 14 of the Limitation Act to get over the bar of limitation laid down in Section 34(3) of the Arbitration Act. In such cases also, it is obvious that the insolvency process cannot be put into operation without an adjudication on the applicability of Section 14 of the Limitation Act. For all these reasons, we are of the view that the judgment of the Appellate Tribunal needs to be set aside and is therefore reversed.

PAHUJ A TAKII SEED LTD. & ORS v. REGISTRAR OF COMPANIES, NCT OF DELHI & HARYANA [NCLAT]

Company Appeals (AT) Nos. 80-83, 92, 101, 113-118 of 2018

S. J. Mukhopadhyaya, A. I. S. Cheema & Balwinder Singh. [Decided on 27/09/2018]

Companies Act, 2013- sections 441 & 451 - compounding of offences - powers of Tribunal- Legal principles elucidated.

Brief facts: In these appeals as common question of law is involved, they were heard together and disposed of by this common judgment. The Appellants, Companies along with its Officers, filed applications under Section 441 of the Companies Act, 2013 for compounding of the offence(s) committed by them, on the ground that corrective measures have already been taken, which have been dismissed/disposed of by the National Company Law Tribunal (hereinafter referred to as “Tribunal”) by common order.

The questions require for determination in these appeals are:

i. Whether the Companies Act, 2013 bars filing of a joint application for compounding of offence by a defaulting company along with its officers in default?

ii. Whether the Companies Act, 2013 bars filing of a joint application for compounding of the same offence committed in different years?

iii. Whether an offence punishable under the relevant provisions of the Companies Act, 2013 with ‘imprisonment or fine’, if repeated within a period of three years results into a mandatory imprisonment for the defaulters and whether the same can be compounded or not?

iv. Whether an offence punishable under the relevant provisions of the Companies Act, 2013 with ‘only fine’, if repeated within a period of three years results into a mandatory imprisonment for the defaulters and whether the same cannot be compounded?



v. Whether the Tribunal has jurisdiction to compound offences where the fine prescribed for such offence does not exceed Rs. 5,00,000/-


Reason : On perusal of sub-section (1) to (4) of Section 441, it is clear that any offence punishable under the Companies Act, whether committed by a company or any officer thereof with fine only, may, either before or after the institution of any prosecution can be compounded by the Tribunal, and where the maximum amount of fine does not exceed five lakh rupees, can be compounded by the ‘Tribunal’ as also by ‘the Regional Director’ or ‘any officer authorised by the Central Government’.

The aforesaid provision makes it clear that Section 441 only puts a restriction on the power of the ‘Regional Director’ and ‘the authorised officers of the Central Government’ permitting them to compound the offences wherein the maximum amount of fine does not exceed five lakh rupees and is punishable with ‘fine only’. No such fetter has been put on powers of the Tribunal, which is the main forum for such compounding of offences, the other forum of ‘Regional Director’ and ‘Officer of the Central Government’ being alternative but restricted by extent of quantum of punishment. The Tribunal has the powers to compound all the offences irrespective of any pecuniary limit as evident from a bare perusal of Section 441.

The Tribunal erroneously read Section 441 to hold that where the penalty is less than five lakh rupees, it has no jurisdiction because of limitation on its pecuniary jurisdiction, which is non-existent. In absence of any pecuniary jurisdiction limitation under Section 441 (except for the ‘Regional Director’ and ‘the officer authorised by the

Central Government’), the Tribunal has no power to lay pecuniary jurisdiction limitation in respect of Tribunal itself.

In terms of the scheme envisaged under Section 441 of the Companies Act, 2013, there is no bar on preferring a single application for compounding the same offence committed during different financial years by the Company and its Officers, nor there do any bar on a joint application being preferred by a Company along with its Officers in default. It is trite that procedures are deemed to be permitted unless expressly prohibited. In this connection, we may refer the decision of the Hon’ble Supreme Court in Rajendra Prasad Gupta v. Prakash Chandra Mishra and Ors, AIR 2011 SC 1137.

Further, in absence of any specific bar of ‘joinder of parties’ or joinder of separate cause of actions in preferring a compounding application, we hold that joinder of parties for same offence is permitted. Since facts leading to any non-compliance under the Act on the part of a company and its officers in default will be same, any suggestion to the contrary will only lead to multiplication of proceedings and different findings, which is not desirable.

The provision for compounding offences vested with the Tribunal, the Regional Director and the Officer authorised by the Central Government was earlier vested under earlier Section 621A of the Companies Act, 1956. Explaining its position, the Central Government from its Ministry of Corporate Affairs by letter dated 28th April, 1993 informed that there is no bar under the Companies Act, 1956 for filing joint compounding applications under Section 621A. After enactment of Section 441 of the Companies Act, 2013, the Central Government from its Ministry of Corporate Affairs reiterated its position by letter dated 31st January, 2018 that there is no bar under the Companies Act, 2013 in filing joint compounding applications.


Section 451 of the Companies Act, 2013 relates to ‘punishment in case of repeated default’, is attracted both to ‘a company’ or ‘an officer’ of a Company who commits an offence punishable either with fine or with imprisonment. From bare perusal of Section 451, it is clear that where the same offence is committed for the second or subsequent occasions within a period of three years, then, (a) that company and (b) every officer thereof who is in default shall be punishable with twice the amount of fine for such offence in addition to any imprisonment provided for that offence.

It is a settled that the Company cannot be imprisoned but if such Company also commits an offence punishable with fine, in such case, if such offence is committed for the second or subsequent occasions within a period of three years, then, the company and every officer thereof who is in default shall be liable to pay twice the amount of fine. The sentence ‘in addition to any imprisonment’ will not be applicable to the Company even if provided for that offence.

On the other hand, if an officer of a company commits an offence punishable either with fine or with imprisonment and the same offence is committed for the second or subsequent occasions within a period of three years, then, that company and such officer thereof who is in default shall be punishable with twice the amount of fine for such offence. It is not necessary that additional imprisonment will be automatically attracted, in absence of any such additional punishment of imprisonment is prescribed under the substantive penal provision of the Act.

It cannot be stated that Section 451 is not attracted in case of violation of sub-section (1) of Section 88. If Section 451 is made applicable to sub-section (5) of Section 88, it is clear that the Company and every officer of the Company who is in default in case of repeated default for the second or subsequent occasions within a period of three years is punishable with twice the amount of fine for such offence as prescribed under sub-section (5) of Section 88. In absence of any provision of imprisonment prescribed under sub-section (5) of Section 88, it cannot be held that in terms of Section 451, the company and every officer thereof who is in default shall be punishable with twice the amount of fine for such offence in addition to imprisonment even if not prescribed under the provision and the Company cannot be imprisoned.

At this stage, it is also to be determined as to what should be the meaning of “same offence is committed for the second or subsequent occasions within a period of three years” or to say as to how the period of three years to be counted to determine that the same offence is committed for the second or subsequent occasions.

In order to interpret Section 451 and the words used in it “where the same offence is committed for the second or subsequent occasions within a period of three years” aid can be taken from Explanation of sub-section (2) of Section 441 where with regard to that Section, it is provided that “any second or subsequent offence committed after the expiry of a period of three years from the date on which the offence was previously “compounded”, shall be deemed to be a first offence”. (Emphasis supplied) It is apparent that unless previously the offence has been “compounded”, the rigour of higher punishment as contemplated under Section 451 would not get attracted.

From the aforesaid provision, it is clear that if a company contravenes any of the provision of Chapter VI, the company shall be punishable with fine which shall not be less than one lakh rupees and may extend to ten lakh rupees. With respect to every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to six months or with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees, or with both.

We have held that the Company cannot be imprisoned. The officer of the company who is in default shall be punishable with imprisonment or fine or with both as prescribed under Section 86. Whether such officer is to be imposed punishment of fine or imprisonment or both will dependent on the basis


of gravity of offence which can be decided only by the Court of Competent Jurisdiction (Special Court). Such power having been delegated to the Court of Competent Jurisdiction, it cannot be held that in view of Section 451 for committing the same offence for the second or subsequent occasions within a period of three years, the officer is liable to be imprisoned. If such interpretation is given, then it will amount to taking away the power of the Competent Court (Special Court) to decide whether in the fact and circumstances of the case and on the basis of gravity of offence, the officer will be liable for punished of imprisonment or fine or both.

Therefore, we hold that the Tribunal is wrong in holding that if Section 451 is read along with Section 441(6) for offence punishable with ‘fine or imprisonment’ or ‘only with fine’ or ‘fine and imprisonment’ on repeated defaults committed within three years, the Tribunal does not have jurisdiction to compound the offence.

A bare perusal of the provision makes it evident that Section 451 only provides that ‘fine’ in case of any repeated defaults shall be ‘twice the amount of fine’, in addition or in alternative to any imprisonment for such default if prescribed under the relevant provisions of Act, 2013. It does not make the imprisonment mandatory.

Secondly, use of word ‘any’ in Section 451 in the phrase ‘in addition to any imprisonment for that offence’ leaves discretion with the prosecuting authority/court to punish the defaulter with imprisonment. Had the intention of the legislature been to make the imprisonment mandatory, it would not have used the word ‘any’. If the interpretation adopted by the Tribunal is accepted then it will amount to substituting words in a penal provision, which is impermissible in the law.

For the reasons aforesaid, we hold that the Tribunal failed to appreciate Section 451 of the Companies Act, 2013. We further hold that Section 451 only provides with ‘fine’ in case of any repeated defaults shall be ‘twice the amount of fine’, in addition to any imprisonment for such default under the relevant provisions of the Act, if prescribed and it does not make the ‘imprisonment mandatory’.

In view of the aforesaid findings, we set aside the impugned order and remit the respective Company Petitions to the Tribunal for decision on its merit taking into consideration the offence committed by the Company and its Officers and the Report of the Registrar of Companies.

GENERAL LAWS

STATE OF MAHARASHTRA v. SAYYED HASSAN SAYYED SUBHAN [SC]

Criminal Appeal No.1195 of 2018 [Arising out of Special Leave Petition (Criminal) No. 4475 of 2016] with batch of appeals

S. A. Bobde & L. Nageshwar Rao, JJ. [Decided on 20/09/2018]

Food and Safety Standards Act, 2006 read with Indian Penal Code, 1860 - offences under food Act- whether prosecution under IPC could be initiated- Held, Yes.

Brief facts : First Information Reports (FIRs) were registered for transportation and sale of Gutka/Pan Masala for offences punishable under Sections 26 and 30 of the Food and Safety Standards Act, 2006 (hereinafter referred to as the ‘FSS Act’) and Sections 188, 272, 273 and 328 of the Indian Penal Code, 1860 (hereinafter referred to as the ‘IPC’). The Respondents in the above appeals filed Criminal Writ Petitions and Criminal Applications in the High Court of Bombay for quashing the FIRs. The High Court quashed the criminal proceedings, initiated under the IPC, against the Respondents





and declared that the Food Safety Officers can proceed against the Respondents under the provisions of Chapter X of the FSS Act. Aggrieved thereby, the State of Maharashtra is before us.


Reason : There is no bar to a trial or conviction of an offender under two different enactments, but the bar is only to the punishment of the offender twice for the offence. Where an act or an omission constitutes an offence under two enactments, the offender may be prosecuted and punished under either or both enactments but shall not be liable to be punished twice for the same offence [T.S. Baliah v. T. S. Rengachari – (1969) 3 SCR 65]. The same set of facts, in conceivable cases, can constitute offences under two different laws. An act or an omission can amount to and constitute an offence under the IPC and at the same time, an offence under any other law [State of Bihar v. Murad Ali Khan – (1988) 4 SCC 655.

In State of Rajasthan v. Hat Singh (2003) 2 SCC 152] this Court discussed the doctrine of double jeopardy and Section 26 of the General Clauses Act to observe that prosecution under two different Acts is permissible if the ingredients of the provisions are satisfied on the same facts. While considering a dispute about the prosecution of the Respondent therein for offences under the Mines and Minerals (Development and Regulation) Act 1957 and Indian Penal Code, this Court in State (NCT of Delhi) v. Sanjay (2014) 9 SCC 772 held that there is no bar in prosecuting persons under the Penal Code where the offences committed by persons are penal and cognizable offences. A perusal of the provisions of the FSS Act would make it clear that there is no bar for prosecution under the IPC merely because the provisions in the FSS Act prescribe penalties. We, therefore, set aside the finding of the High Court on the first point.

Regarding the second point as to whether offences under Section 188, 272, 273 and 328 have been made out against the Respondents, we have considered the submissions made by the learned Additional Solicitor General for the State of Maharashtra and the learned Senior Counsel appearing for the Respondents. Without going into details of the submissions made, we find that points that were not argued before the High Court were raised by both sides. We suggested to the parties that the matters have to be considered afresh by the High Court by permitting both sides to raise all contentions which were canvassed before us. There was no serious objection by both sides to the remand of the matters back to the High Court. The only request made by the learned Senior Counsel for the Respondents is that no coercive action should be taken against the Respondents during the pendency of Criminal Writ Petitions and the Criminal Applications before the High Court. We remand the matters to the High Court to consider the Criminal Writ Petitions and Criminal Applications afresh in respect of the second point framed.


Student-ICSI Academic CONNECT

Students may clarify their subject specific academic queries related to study material between 2.00 p.m. to 3.00 p.m. on all working days (Monday - Friday) at 0120-4082125

Students may also write their academic queries on [email protected]

Dear Students,

We are pleased to share that with a view to update the students on important developments on daily basis, the Institute has initiated ‘Info Capsules’ on the Institute’s website www.icsi.edu.

Students are requested to take advantage of this initiative.

Our best wishes for all your endeavors.

Team ICSI

mailto:[email protected]

http://www.icsi.edu/


Student Services A. COMMUNICATING WITH THE INSTITUTE The Institute has always been on the forefront on utilising the potential of modern day technology for serving lakhs of students on its rolls. Continuous efforts are being made by the Institute to add more and more processes in the online/ digital platform for achieving benefits of automation.

The Institute has devised the following mechanism to enable its students to get prompt response to their queries / grievances :

1. 24 Hours CS Helpline

The Institute has launched a 24 Hours CS Helpline to inform the students about the CS Course & Profession. The students can have pre-recorded replies on the CS Course round the clock through the Interactive Voice Response System (IVRS) by dialing 011-41504444. For detailed information, in this regard, please log on to the website of the Institute i.e. www.icsi.edu.

2. Updates /Notifications from the Institute are now available on Social Networking Sites

Students can now visit the webpage of the Institute on the following Social networking sites to get details regarding various notifications and updates of the Institute.

1. Facebook 2. Twitter 3 Instagram

4 LinkedIn

Click on appropriate links on home page of ICSI website to get access to these webpages.

https://twitter.com/icsi_cs

https://www.facebook.com/ICSI

https://www.instagram.com/cs_icsi/

ttps://www.linkedin.com/in/theicsi/


https://twitter.com/icsi_cs

https://www.facebook.com/ICSI

https://www.instagram.com/cs_icsi/


B. REGISTRATION

1. Renewal of Registration (Registration Denovo / Extension)

Registration of students registered upto and including November, 2013 stands terminated on expiry of five-year period on October, 2018.

Students are advised to apply for Registration De novo/ Extension of registration as per the guidelines. Students are advised to click on the following link

https://smash.icsi.in/Scripts/login.aspx

for seeking Registration Denovo or Extension subject to meeting the eligibility conditions. Students are required to seek Registration Denovo or Extension by 9th April and 10th October for appearing in June and December sessions of examinations. Detailed process for seeking Registration Denovo and Extension online is given below.

2. Online De novo & Extension Registration Process (for Executive Programme & Professional Programme Students)

Kindly visit the following link to check the process of Denovo and Extension

https://smash.icsi.in/Documents/User_Manual_forDenovoandExtension.pdf


https://smash.icsi.in/Documents/User_Manual_forDenovoandExtension.pdf


3. Re-Registration to Professional Programme

The Institute has introduced a Re-registration Scheme, whereby students who have passed Intermediate Course/ Executive Programme under any old syllabus but not eligible for seeking Registration Denovo may resume CS Course from Professional Programme Stage. It is an opportunity to come back to the profession for those students who had to discontinue the CS Course due to compelling reasons. Detailed FAQ, Prescribed Application Form, etc. may be seen at “for students” option at home page of Institute’s website www.icsi.edu.

Please check FAQ & Application Form for Re-Registration at http://www.icsi.edu/docs/Webmodules/REREGISTRATION.pdf

4. Registration to Professional Programme

Students who have passed/completed both modules of Executive examination are advised to seek registration to Professional Programme through online mode. The prescribed fee is Rs.12,000/. Eligibility of students registered to professional programme for appearing in the Examinations shall be as under: -

Students registered during Will be eligible for appearing in

1st June, 2018 to 31st August, 2018 All Modules in June, 2019 Session

1st September 2018 to 30th Any One Module in June 2019 Sesison November 2018 (New Syllabus)

Stage of the Examination

Date of Commencement of the New Syllabus

1st Examination under the

Last Examination under the old

Syllabus

All Examinations Under the New Syllabus

New Syllabus

Professional Programme

01.09.2018 Jun-19 Jun-20 Dec-20


http://www.icsi.edu/docs/Webmodules/REREGISTRATION.pdf


While registering for Professional Programme, students are required to submit their option for the Elective Subject (syllabus 2012) under Module 3 as per details given below:-

Electives subject 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

Professional Program (NEW SYLLABUS – 2017 – w.e.f. 1st September 2018 )

MODULE 1 (3 Papers)

1. GOVERNANCE, RISK MANAGEMENT, COMPLIANCES AND ETHICS

2. ADVANCED TAX LAWS

3. DRAFTING, PLEADINGS AND APPEARANCES

MODULE 2 (3 Papers)

4. SECRETARIAL AUDIT

5. CORPORATE RESTRUCTURING

6. RESOLUTION OF CORPORATE DISPUTES

MODULE 3 (3 Papers)

7. CORPORATE FUNDING & LISTINGS IN STOCK EXCHANGES

8. MULTIDISCIPLINARY CASE STUDIES

9. ELECTIVES 1 OUT OF BELOW 8 SUBJECTS (THE EXAMINATION FOR THIS PAPER WILL BE OPEN BOOK EXAMINATION)

9.1. BANKING LAW AND PRACTICE

9.2. INSURANCE LAW AND PRACTICE

9.3. INTELLECTUAL PROPERTY RIGHTS– LAWS AND PRACTICES

9.4. FORENSIC AUDIT

9.5. DIRECT TAX LAW & PRACTICE

9.6 LABOUR LAWS & PRACTICE

9.7 VALUATIONS & BUSINESS MODELLING

9.8 INSOLVENCY – LAW AND PRACTICE

Notwithstanding the original option of Elective Subject, students may change their option of Elective Subject at the time of seeking enrolment to the Examinations. There will be no fee for changing their option for elective subject, but the study material if needed will have to be purchased by them against requisite payment. Soft copies of the study materials are available on the website of the Institute.


Cut-Off Dates for the Year 2018-19

Note: It is clarified that on the scheduled cut-off date even if there is a holiday/Off-day, there shall be no change in the prescribed cut-off date

Particulars of Cut-off Dates Scheduled Cut-off Date

Acceptance of Applications for Admission to Executive/ Professional Programme (for appearing in Anyone module in Dec 2018 Examination)

31.05.2018

Declaration of Results of June 2018 Examination 25.08.2018

Acceptance of Applications for Admission to Executive/ Professional Programme ( for appearing in All modules in June 2019 Examination)

31.08.2018

Receipt of examination enrollment application for appearing in Dec, 2018 Examination

25.09.2018

Acceptance of Applications for Admission to Foundation Programme

(for appearing in June 2019 Examination) 30.09.2018

Receipt of Examination Enrollment application for appearing in Dec, 2018 Examination (with late fee)

10.10.2018

Applying for Paper-wise Exemption on the basis of Qualification for Dec 2018 Examination.

10.10.2018

Applying for Registration De Novo / Extension of registration

(for Dec 2018 Examination) 10.10.2018

Acceptance of Applications for Admission to Executive/ Professional Programme ( for appearing in Anyone module in June 2019 Examination)

30.11.2018

Declaration of Results of December 2018 Examination. 25.02.2019

Acceptance of Applications for Admission to Executive / Professional Programmes ( for appearing in All modules in Dec 2019 Examination)

28.02.2019

Receipt of Examination Enrollment application (for appearing in June, 2019 Examination)

25.03.2019

Acceptance of Applications for Admission to Foundation Programme (for appearing in Dec 2019 Examination)

31.03.2019

Receipt of Enrollment application for appearing in June,2019 Examination (with late fee)

09.04.2019

Applying for Paper-wise Exemption on the basis of qualification for June 2019 Examination.

09.04.2019

Applying for Registration De Novo / Extension of registration ( for June 2019 Examination)

09.04.2019


C. PROCEDURAL COMPLIANCE

1. Cancellation of Provisional Admission

Provisional admission of the students, who fail to submit/upload the requisite proof of having passed the graduation examinations within the stipulated time period of six months shall stand cancelled and no refund of fee will be made.

2. Change of Address/Resetting Password

Students are advised to update their addresses instantly through online services option at www.icsi.edu. Their Registration Number shall be their user Id itself. Students can also reset their password anytime (The new password will be displayed on the screen).


3. Updation of E-Mail Address/ Mobile Number

Students are advised to update their E-Mail Id and Mobile Numbers timely so that important communications are not missed as the same are sent through bulk mail/SMS nowadays. Students may update their E-mail Id/ Mobile Number instantly after logging into their account at www.icsi.eduat request option.

4. Student Identity Card

Identity Card can be downloaded after logging into the Student Portal at www.icsi.edu. After

downloading the Identity card, students are compulsorily required to get it attested by any of the following authorities with his/her seal carrying name, professional membership No., designation and complete official address:

1. Member of the Institute, with ACS/FCS No. 2. Gazetted Officer of the Central or State Government. 3. Manager of a Nationalised Bank. 4. Principal of a recognized School/College. 5. Officer of ICSI

Unattested Identity Cards are not valid and the students are advised to carry duly attested Identity Card for various services during their visits to the offices of the Institute, Examination Centres, etc.

5. Regularisation of Executive Programme Admission

Students provisionally admitted to the Executive Programme are advised to upload the scanned copies of their graduation Pass Certificates or marksheets for regularizing their admission at their online account at www.icsi.edu. They are required to login at their account to upload the desired marks sheets/certificates. Students, who have already uploaded / submitted their graduation pass certificate/Marksheet and have not received any confirmation with regard to approval of their admission, must contact the Institute





immediately either through online grievance Redressal module or ticketing Mechanism of the Institute quoting the following particulars through online grievance redressal module:

Name

Details of Fee paid

Admission No.

Email Address

Complete Postal Address with Pin code

ATTENTION STUDENTS!

DEDUCTION OF 30% OF THE TOTAL FEE REMITTED BY THE APPLICANT IN RESPECT OF REGISTRATIONS LYING PENDING FOR MORE THAN A YEAR

The Institute has decided to reject the applications of such students who do not submit the documents within one year after their registration in Foundation and Executive programme by deducting 30% of the fee remitted by them towards administrative charges after expiry of one year. Therefore it is advised that all such students may submit their documents in the stipulated time period failing which their registration applications would be rejected.


D. EXEMPTIONS AND SWITCHOVER

1. Clarification Regarding Paper wise Exemption

(a) Paperwise exemption is granted only on the basis of specific request received online through website www.icsi.edu from a registered student and complying all the requirements. There is one time payment of Rs. 1000/- (per subject).

(b) The paperwise exemption once granted holds good during the validity period of registration or passing/completing the examination, whichever is earlier.

(c) Paper-wise exemptions based on scoring 60% marks in the examinations are being granted to the students automatically and in case the students are not interested in availing the exemption they may seek cancellation of the same by sending a formal request through the Online facility available. For the purpose, please submit the Online Request by logging into your account at https://smash.icsi.in 15 days before commencement of examination.

If any student appears in the examinations disregarding the exemption granted on the basis of 60% marks and shown in the Admit Card, the appearance will be treated as valid and the exemption will be cancelled.

(d) It may be noted that candidates who apply for grant of paper wise exemption or seek cancellation of paper wise exemption already granted, must see and ensure that the exemption has been granted/cancelled accordingly. Candidates who would presume automatic grant or cancellation of paper wise exemption without obtaining written confirmation on time and absent themselves in any paper(s) of examination and/or appear in the exempted paper(s) would do so at their own risk and responsibility and the matter will be dealt with as per the above guidelines.

(e) Exemption once cancelled on request in writing shall not be granted again under any circumstances.

(f) Candidates who have passed either module of the Executive/Professional examination under the old syllabus shall be granted the paper wise exemption in the corresponding subject(s) on switchover to the new/latest syllabus.

https://smash.icsi.in/


(g) No exemption fee is payable for availing paper wise exemption on the basis of switchover or on the basis of securing 60% or more marks in previous sessions of examinations.

Attention Students !!!

There is no provision for submitting the exemption at the time of submitting the examination form.

If you have already been granted the exemption, it is reflected in your online account Examination, Enrollment Status and Admit Card issued for examination through online mode.

It may be noted that in some cases, the exemptions granted in accordance with the various provisions contained under the regulations are inter-related with other exemptions granted and cancellation (or appearance) in any one of the papers may result in cancellation of exemptions in all the inter- related papers. For example, if a candidate has been granted paper-wise exemptions in three papers on the basis of scoring 60, 62, 58 & 10 Marks respectively in the four papers contained under Module-I of Executive Programme in previous session and in case he/she appears or cancels the exemption in any one out of the three exempted papers, all the three exemptions shall be cancelled since the exemption criteria in this case is applicable only if all the three papers are taken together. Candidates are, therefore, advised to be extremely careful while seeking cancellation or while appearing in the exempted papers, as the final result will be computed considering the actual marks scored on reappearance and/ or the deemed absence in the papers as the case may be. In other words, candidates appearing in the exempted papers despite an endorsement to the effect in the Admit Card shall be doing so at their own risk and responsibility and the Institute may not be held responsible for any eventuality which may arise at a later date. In case of any doubt regarding the applicability of rules regarding the exemptions, it would be better if the candidates seek prior clarifications from the Institute by writing at [email protected] before appearing in the examination of exempted subjects or seeking cancellation of exemptions granted.


ATTENTION STUDENTS!

PAPERWISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATIONS (Syllabus 2017)

The Council of The Institute of Company Secretaries of India (ICSI), in its 252nd Meeting held on March 28th, 2018 and 253rd Meeting held on June 30th , 2018, has decided that the students enrolling to Company Secretary (CS) Course under New Syllabus, 2017 shall be eligible for paper-wise exemption (s) based on the higher qualifications acquired by them, as under:

Basis of Exemption Qualification

Exemption in paper(s) covered under Executive Programme

Exemption in paper(s) covered under Professional Programme

Passed LL.B. (Three Years Degree Course / or Five Years integrated Law Course) from a recognized University / Institute either constituted under an Act of Parliament or approved by AICTE/AIU and having secured 50% or more marks in the aggregate.

(Qualification Code : 47)

Module- 1 Paper-1: Jurisprudence, Interpretation & General Laws (Paper Code – 421)

No paper-wise exemption is available for this qualification in any paper covered under Professional Programme

Final Pass Students of the Institute of Cost Accountants of India

Qualification Code : 44

Module-1

Paper 4: Tax Laws (Paper Code: 424)

Module-2

Paper 5 : Corporate & Management Accounting (Paper Code:425)

Module-2

Paper 8 : Financial & Strategic Management (Paper Code:428)

Module 1

Paper 2: Advanced Tax Laws

(Paper Code : 432)

Module 3

Paper 7: Corporate Funding & Listing in the Stock Exchanges (Paper Code : 437)

Module 3

Elective Paper- 9.7: Valuation & Business Modelling (Paper Code : 447)


IMPORTANT INSTRUCTIONS FOR STUDENTS FOR CLAIMING PAPER-WISE EXEMPTION:

1. Students are required to apply for paper wise exemption in desired subject through ‘Online Smash Portal on website https://smash.icsi.in and for procedure please follow the link https://smash.icsi.in/Documents/Qualification_Based_Subject_ExemptionandCancellation_Student.pdf

2. Fee for paper wise exemption is Rs.1000/- (per subject) and is to be paid through ‘Online Smash Portal https://smash.icsi.in’ using Credit/Debit card or Net banking.

3. Students who have been granted exemption in Executive Programme Stage on the basis of having passed Final Course of The Institute of Cost Accountants of India are required to submit their request for exemptions afresh for papers covered under the Professional Programme Stage & the same are not granted automatically.

4. Students need to upload scanned attested copies of mark sheets of all parts/semesters of LLB degree or scanned attested copies of final pass certificate of the Institute of Cost Accountants of India.

5. Last date of applying for exemption is 9th April for June Session of Examinations and 10th October for December session of Examinations.”


https://smash.icsi.in/Documents/Qualification_Based_Subject_ExemptionandCancellation_Student.pdf

https://smash.icsi.in/Documents/Qualification_Based_Subject_ExemptionandCancellation_Student.pdf



2. The modified scheme of corresponding paper-wise exemptions applicable to 2007 Syllabus Students Switching over to 2012 Syllabus is as under :


3. Important Announcement on Switchover from Professional Programme 2012 Syllabus to 2017 Syllabus

The corresponding paper-wise exemptions applicable to 2012 Syllabus Students Switching over to 2017 Syllabus is as under :

PROFESSIONAL PROGRAMME (2012 SYLLABUS)

PROFESSIONAL PROGRAMME (2017 SYLLABUS)

331 Advanced Company Law And Practice 436 Resolution of Corporate Disputes, Non-Compliances & Remedies

332 Secretarial Audit, Compliance Management And Due Diligence

434 Secretarial Audit, Compliance Management and Due Diligence

333 Corporate Restructuring, Valuation And Insolvency

435 Corporate Restructuring, Insolvency, Liquidation & Winding-up

334 Information Technology And Systems Audit

No Exemption

335 Financial, Treasury And Forex Management 437 Corporate Funding & Listings in Stock Exchanges

336 Ethics, Governance And Sustainability 431 Governance, Risk Management, Compliances and Ethics

337 Advanced Tax Laws And Practice 432 Advanced Tax Laws

338 Drafting, Appearances And Pleadings 433 Drafting, Pleadings and Appearances

339 Elective Subject 439 Elective Subject

Switchover to New Syllabus :

Revision of syllabus is a constant exercise by the Institute to ensure up-gradation of knowledge amongst the student community. If the student wish to appear under new syllabus 2017, the student have the option to switchover to professional new syllabus 2017 as per ICSI Notification No. 01 of 2018.

The students are requested to kindly follow the process mentioned in the link for switch over to new syllabus . Further to state that revert switchover is not permissible.

https://www.icsi.edu/media/webmodules/switchover_process.pdf

Please Note :-

1. That, all switchover students are eligible to appear Online Pre-Examination Test which is compulsory under the new syllabus 2017 before enrolling for any examinations. Process For Remitting The Fee For Pre-Examination Test is available in the URL: https://www.icsi.edu/docs/webmodules/PreExamTestProcess.pdf

2. The First Examination to appear in Professional New Syllabus 2017 will be held in June 2019

3. Professional New syllabus Study material is not supplied free of cost to the switchover students. Therefore, the student need to obtain study material, at a requisite cost.

4. Revert Switchover is not Permissible.

5. FAQs on Switchover to New Syllabus (https://www.icsi.edu/media/webmodules/FAQ_ProfProg_switchoverscheme.pdf)

https://www.icsi.edu/docs/webmodules/PreExamTestProcess.pdf

https://www.icsi.edu/media/webmodules/FAQ_ProfProg_switchoverscheme.pdf


E. USER MANUALS

USER MANUAL FOR CANCELLATION OF EXEMPTION

Step – 1 After Login with your registration no. Click on Module--- Subject Exemption------- Exempted Subjects

Step – 2


Select the Check Box of the Subject the student want to cancel for the current syllabus and then click on Cancel Exemption :

1. Change of Correspondence/Permanent Address

Step 1: After Log in

Step 2: To change Correspondence address


Step 3:

Note: Same process will be for changing permanent address.


2. Change/Reset Password

Step 1: Log in with valid credentials on smash.icsi.in

Step 2: Click on Profile > Change Password

3. Submission of Queries / Grievances


ICSI GRIEVANCE SOLUTIONS CELL

The Institute in its endeavour to improve the service delivery mechanism to the Members, Students and other stakeholders has established a Grievance Solutions Cell. In case stakeholders feel that their queries not being properly attended, they may submit their grievance online through “Grievance Portal” by following the steps given in the user manual.






F. IMPORTANT ALERTS FOR STUDENTS

1. Opportunity for Higher Education with Scholarships from Government of India

The ICSI Student Education Fund Trust is providing financial assistance / scholarships on the basis of the marks scored by them in the qualifying examinations (10+2, Bachelor’ Degree, etc.). The scholarships are continued and ensure ‘zero cost’ education to meritorious students provided they are able to pass the different stages of examinations at the first attempt and first available opportunity. Besides the above, Government of India and most of the State Governments in India are providing substantial amount of Post-Matric Scholarships to the eligible students belonging to minority communities, having disabilityand variousother categories. For details of Scholarships available, students may please refer to the National Scholarship Portal at http://scholarships.gov.in/ Government of India has created the National Scholarship Portal as a Mission Mode Project under National e-Governance Plan (NeGP) to provide single-window services to the eligible students for availing scholarships against all the schemes of the Central and State Governments. The students of CS Course are eligible to apply for scholarships provided by Central / State Governments under different schemes. The Institute would like to emphasise that it is a golden opportunity to the students desirous of pursuing Company Secretaryship Course while availing scholarships from the Government. Eligible students shall be able to pursue the CS Course at subsidised/zero cost. The existing students of the Institute are advised to make use of such Scholarship Schemes apart from disseminating the details amongst their friends and relatives.

http://scholarships.gov.in/


The procedure for applying for Scholarships through the portal is furnished below :

1. Visit the National Scholarship Portal http://scholarships.gov.in/

2. Name of Institute : “THE INSTITUTE OF COMPANY SECRETARIES OF INDIA”

3. Institute, DISE / AISHE Code No: 9

4. The ICSI Current Course Level : CERTIFICATE

5. State : DELHI

6. District : NEW DELHI

7. Course/Class Name : COMPANY SECRETARY (CS)

8. Admission Type : CORRESPONDENCE

http://scholarships.gov.in/


2. Chartered Secretary Journal

The “Chartered Secretary” Journal is published by the ICSI, with a view to ensure continuous up-gradation of the knowledge of the Members. The Journal is equally important for the students of the Institute. Students who are interested to purchase the journal can subscribe for the same by remitting the nominal subscription fees of Rs. 500/-per annum. Students can either subscribe for the Journal at the time of registration in each stage of CS Course or separately through our Chartered Secretary


3. Details Regarding conduct of Class Room Teaching Centres at Regional Councils/Chapters. Number of Class Room Teaching Centres at Regional Councils/Chapters.

SL NO

REGION CHAPTER ADDRESS OF CLASS ROOM TEACHING CENTRE

STAGE MODULE NAME OF THE CO-

ORDINATOR

E-MAIL ID OF THE CO-

ORDINATOR

CONTACT No. OF THE

CO-ORDINATOR

1 EIRC BHUBANES

WAR

ICSI BUILDING PLOT NO 70, VIP COLONY IRC VILLAGE BHUBANESWAR - 751015

Foundation

Mr. P.C. Swain pratap.swain

@icsi.edu

9040679085 Executive

I

II

2 EIRC DHANBAD

B-14,OLD DOCTORS COLONY,JAGJIVAN NAGAR DHANBAD- 826003

Foundation Mr. Govind Kumar Tiwari

[email protected]

9631149991

Executive I & II

3 EIRC GUWAHATI

GUWAHATI CHPATER, HOUSE NO 7, RODALI PATH, HEAR JONALI BUIST STAND RG BARUAH ROAD GUWAHATI - 24

Executive I & II Mr.

Chiranjeeb Sarma roy

[email protected]

9435191229

4 EIRC KOLKATA ICSI-EIRO, 3A, AHIRIPUKUR 1ST LANE KOLKATA-700019

Foundation Ms. Rukmini Nag

[email protected]

033-22832973 Executive I & II

5 EIRC PATNA

B-27, 2nd Floor, LUV KUSH TOWER, EXHIBITION ROAD PATNA - 1

Foundation Mr. Ratnesh

Kumar [email protected]

u

9835042476/0612-2322405 Executive I & II

6 EIRC RANCHI

ICSI CHAPTER,2C, OM SHANTI APPARTMENT, O C C BANGLA SCHOOL LANE MAIN ROAD, RANCHI-834001

Foundation

Sumanta Dutta

[email protected]


7 NIRC ALWAR 42, RAGHU COMPLEX, SCHEME NO.-10, VIJAY MANDIR MARG, ALWAR

Foundation Mr. Anand

Kumar Arya [email protected]

u

9413740652 Executive I & II

Professional

8 NIRC AGRA

SILVER POINT 3/2 G, Second Floor Nehru Nagar,(Near Anjana Cinema, M.G. Road), AGRA - 282005

Foundation Mr Ravi Krishna

Srivastava [email protected]

0562-4031444 / 9839226671

9 NIRC ALLAHABA

D

30-A / 9 /2A COOPER ROAD NEAR HARI MAZID, INFRONT OF HP MEDIA, 2ND FLOOR, CIVIL LINES ALLAHABAD - 211001

Foundation

Mr. Amitabh Shukla

[email protected]


10 NIRC BAREILLY

ICSI CHAPTER BARIELLY, 182, NAI BASTI, NARKULGANJ (NEAR UTSAV BARAT GHAR), BARIELLY - 243122

Foundation Mr. Amit

Kumar & Mr. Sanjeev Kumar Sharma

[email protected]/

amit [email protected]

du

8755755741/ 9458821397 Executive

11 NIRC BHILWARA

ICSI HOUSE, SEC-8, INSTITUTIONAL AREA, RING ROAD, PATEL NAGAR, BHILWARA (RAJ.)-311001

Professional Mr.Rajeev Ranjan Jha

[email protected]

8003990862































12 NIRC DELHI

ICSI-NIRC BUILDING 4, PRASAD NAGAR INSTITUTIONAL AREA NEW DELHI- 110 005

Foundation

Mr Himanshu [email protected] 011 49343009 Executive I & II

13 NIRC FARIDABA

D Institutional Plot No.-1A, Sector-16A, (Near Sai Baba Temple), Faridabad-121002

Foundation Ms Suman Iyer

[email protected]

0129-4003761

Executive I & II

14 NIRC GHAZIABA

D

GHAZIABAD CHAPTER, 23-B,NEHRU NAGAR, NEHRU APARTMENT GHAZIABAD

Foundation Mr. Anil Kumar

Upadhyay

[email protected]

0120-4559681, 9716011634

Executive I & II

Professional

15 NIRC GURGAON

FIRST FLOOR, DEENBANDHU SIR CHOOTU RAM BHAWAN JHARSA ROAD BEHIND SHIV MANDIR SECTOR 32 GURGAON-122002

Foundation

Mr Amit Likhyani

[email protected]


16 NIRC JALANDHA

R

DAV COLLEGE, DAYANAND NAGAR, JALANDHAR- 144008

Foundation Mr. Vinay Kumar

[email protected]


17 NIRC JAMMU 213 A (1st Floor), Shastri Nagar , Jammu-180004

Foundation Mr. Uday Prakash

[email protected]

0191-2439242

Executive I & II

18 NIRC KANPUR 118/90, GUMTI PLAZA , KAUSHALPURI,KANPUR- 208012

Foundation Ms. Uma Devi gupta

[email protected]


19 NIRC LUCKNOW 1/157, VIVEK KHAND-I, GOMTI NAGAR LUCKNOW - 226010

Foundation Mr. Shiv Moorthi

Tiwari, Mr. Raju Kumar

[email protected],

[email protected]

9450465499 05224109382 Executive I & II

20 NIRC LUDHIANA

11B, 2nd FLOOR PHERUMAN COMPLEX, GURUDWARA, SAHEEDAN, OPP MANJU CINEMA, G.T. ROAD, LUDHIANA-141003

Foundation Mr. Sanjay Jakhmola

[email protected]

0161-2545456

21 NIRC NOIDA C-37, SECTOR - 62, NOIDA - 201309

Foundation Mr. S D Sharma

[email protected]

01204522058 Excutive I & II

22 NIRC MODINAGA

R

Opp. MM Printer, Near Modi Steels, Delhi-Meerut G.T. Road, Modinagar-201204

Foundation Mr. Muneesh

Bindal modinagar@ic

si.edu

01232-243048 Excutive I & II

23 NIRC VARANASI

F BLOCK IIND FLOOR GURU KRIPA COMPLEX OPP TAKSAL THEATRE NADESAR, VARANASI- 221002

Foundation

Mr. Ashish Tiwari

[email protected]


Professional

24 NIRC YAMUNA NAGAR

DAV College for Girls, Academic Block-4, Jagadhri Road, Yamuna Nagar-135001

Foundation Mr. Upendra

Kumar yamuna.nagar

@icsi.edu

9812573452

25 SIRC AMARAVAT

I

Ist FLOOR HINDU COLLEGE & HIGH SCHOOL CAMPUS BESIDE CANARA BANK, GUNTUR-522003

Executive I & II Mr. S.

Gaddam amaravati@ics

i.edu

0863-2233445































26 SIRC BANGALOR

E

No-5, 1st MAIN ROAD, KSSIDC INDUSTRIAL ESTATE, 6TH BLOCK, WEST OF CHORD ROAD, RAJAJI NAGAR BANGALORE-560010

Foundation

Mr. Maitreya bangalore@ics

i.edu

7760976362

Executive I&II

27 SIRC CALICUT

CALICUT CHAPTER OF SIRC OF ICSI, A-3,29/2084, 2ND FLOOR, RAHIYAN BUILDING, K.T. GOPALAN ROAD, KOTOOLI,CALICUT - 673016

Foundation Ms. Sheeba

[email protected]

0495-2374702

Executive I & II

Professional I, II & III

28 SIRC CHENNAI

"ICSI-SIRC HOUSE", 9, WHEAT CROFTS ROAD, NUNGAMBAKKAM, CHENNAI - 600 034

Foundation Mr. C.

Murugan chelliah.murug

[email protected]



29 SIRC COIMBATO

RE

No. 209, KSG COMPLEX, 2ND FLOOR, SASTRI ROAD, RAM NAGAR, COIMBATORE- 641 009.

Foundation Mr. Sreejith P,

Mr. S.Ashok

[email protected],

[email protected] &

[email protected]

0422 - 2237006 /



30 SIRC HYDERABA

D

H.NO:6-3-609/5,ANAND NAGAR COLONY,KHAIRATABAD,HYDERABAD-500004.

Foundation Mr. V P C Sharma

[email protected]


31 SIRC KOCHI

KOCHI CHAPTER,ICSI HOUSE, NO 65/635, JUDGES AVENUE RBI QUARTERS ROAD, BEHIND INDIAN EXPRESS, KALOOR ERNAKULAM - 682017

Foundation

Mr Sree Kumar T S

[email protected]

0484-4050502/2402

950 Executive

32 SIRC MADURAI

CHAPTER OFFICE, C3, 3rd FLOOR, A.R. PLAZA, 16/17 NORTH VELIS STREET MADUARI - 625001

Foundation

Mr. T.Raja

[email protected] &

[email protected]



33 SIRC MANGALOR

E

ICSI MANGALORE CHAPTER GRACE TOWER BILDING IIND FLOOR BEJAI MANGALORE 575004

Foundation

Mr Shankar B sankara.badi@

icsi.edu

0824-2216482/9886


34 SIRC MYSORE

MYSORE CHAPTER OF ICSI ICSI House, #125, NHCSL LAYOUT OFF KRS ROAD, OPP. J K TYRES, METAGALLI MYSORE- 570016

Foundation

Mr. N.Dhanabal

[email protected]


35 SIRC PALAKKAD

Ist FLOOR ABOVE PNB ATM, SHREE KRISHNA BUILDING NURANI, PALAKKAD-678004

Foundation Ms. Roby

Joshep palakkad@icsi

.edu


36 SIRC SALEM

No-318, SRI MAHARAJ ILLAM, AZHAGU VINAYAGAR STREET NAGARAMALAL MAIN ROAD, FAIRLANDS POST ALAGAPURAM, SALEM - 636016

Executive I & II Mr. Sunder

Swamy S [email protected]

u

8754340840




















37 SIRC THRISSUR

ROOM NO. 17, THIRD FLOOR, DEVAMATHA TOWER, NEAR ST. THOMAS COLLEGE, THRISSUR

Foundation

Soumya S [email protected]

du


38 SIRC THIRUVANANTHAPUR

AM

TC-3/2342, PADMASREE BEHIND INDIAN BANK, POST OFFICE LANE,PATTOM, TRIVANDRUM -695004

Foundation

Mr. S V Vinod Kumar

[email protected]


39 SIRC VISAKHAPA

TNAM

D.NO. 49-26-6 , IST FLOOR OPP POLLOCKS SCHOOL NEAR JK TYRE SHOWROOM SANKARAMATAM ROAD MADHURANAGAR,VISAKHAPATNAM - 530016

Foundation

Mr. Sivaramakris

hna

[email protected]

du


40 WIRC AHMEDABA

D

ICSI AHMEDABAD CHPATER, S-2 B TOWER, MANEK LAL MILLS COMPLEX, CHINUBHAI TOWERS, ASHRAM ROAD, AHMEDABAD - 380009

Foundation

Mr. Rohit Khunt

[email protected]

8905036321/ 079-30025335 Executive

I & II

41 WIRC BHOPAL

BHOPAL CHAPTER OF WIRC OF ICSI, PLOT NO. 148, II FLOOR, ANCHOR MANSION, ZONE- 2, MP NAGAR, BHOPAL (M.P.) 462011

Foundation

Ms. Amita Malviya

[email protected]


42 WIRC GOA

CHAPTER OFFICE, 6TH FLOOR, INDRAPRASTH APARTMENTS OPP. GOVINDA BUILDING, MENEZES BRAGANZA ROAD, PANAJI GOA - 403001

Foundation

Mr. Vasant H Kerkar

[email protected] 8322435033 Executive I & II

43 WIRC INDORE

B-1/2/3, ASHRAY APARTMENT , 2/1, MANORAMAGANJ, INDORE-452001

Foundation Ms. Ankita

Baldwa [email protected]

u

0731-424818/24945

52 Executive I & II

44 WIRC KOLHAPUR

R.S.No.1108 C/34 C, Jaduban Plaza, Office Unit No.F 4 Panch Bunglow, Shahupuri, Kolhapur-416001

Foundation

Ms. Archana Kamlakar

[email protected]


Professional

45 WIRC MUMBAI

THE INSTITUTE OF COMPANY SECRETATIES OF INDIA, 13, 1ST FLOOR, JOLLY MAKER CHAMBER -II, NARIMAN POINT MUMBAI- 400021

Foundation & Executive

Mr. Bannashanka

r Dasari

[email protected]

u 9223542195

MKES INSTITUTE (NAGINDAS KHANDWALA COLLEGE) S.V. ROAD, MALAD - 400064

Foundation & Executive


















46 WIRC NAGPUR

NAGPUR CHAPTER OF ICSI,3RD FLOOR, AVINISHA TOWERS, MEHADIA SQ, DHANTOLI, NAGPUR - 440012

Foundation

Mr. Sudhakar Aisalwaru

[email protected]


47 WIRC NASHIK BYK COLLEGE NASHIK, COLLEGE ROAD NASHIK MAHARASHTRA-422005

Foundation Mr. Amit Kumar

[email protected]

8796090345

48 WIRC NAVI

MUMBAI

ICSI-CCGRT, OFFICER NO-204, 2ND FLOOR, PLOT NO- 101, SEC-15 INDUSTRIAL AREA CBD BELAPUR, NAVI MUMBAI-400614

Foundation

Ms. Lachhmi Bhatt

[email protected]


49 WIRC PUNE

CHAPTER PREMISES, 23 MUKUND NAGAR CORNER OF LANE NO.1, ABOVE DR JOSHI HOSPITAL,PUNE - 411037

Foundation

MR. P.S. Emmanuel

[email protected]


50 WIRC RAIPUR

H.NO C-67, SECOTR - 2 1ST FLOOR ABOVE LITTLE STAR PLAY SCHOOL, DEVENDRA

NEAR GUJRATI SCHOOL, RAIPUR -492001

Foundation

Mr. Prafulla Kumar Dash

[email protected]


Professional

51 WIRC SURAT

TRIUPATI PLAZA NEAR COLLECTOR OFFICE ATHWAGATE SURAT- 395001

Foundation Mr. Goutam Karmakar

[email protected]


52 WIRC THANE

ICSI THANE CHPATER, 201-202 SAI PLAZA COMPLEX GODBUNDER ROAD NEAR KAPURBAWADI JN, OPP TO ORION BUSINESS PARK, ABOVE VIJAY SALES THANE (W) 400607

Foundation

Mr. Soujit Das soujit.das@icsi

.edu


53 WIRC VADODARA

ICSI VADODARA CHPATER, OFFICE NO.1 (2ND FLOOR) STOP-N-SHOP PLAZA OFFTEL TOWER-II, R. C.DUTT ROAD VADODARA - 390007

Foundation

Mr. Amit Kumar Nagar

[email protected]


4. Updation of Data

The Institute in its continuous endeavour to update technology is revamping all online services. We are moving through a transition phase while implementing the flagship online platform SMASH (Student Member Application Software Hosting).

With this, the data of all students registered under old system has been migrated to new system and after this transition all students are compulsorily required to log in at the new SMASH(Student Member Application Software Hosting) system.

Further after the migration process, it has been observed that the address of some of the students are incorrect. It is therefore advised to update your address immediately.
















In case you don’t update your correct address, you may miss important communications, study material etc sent by the Institute by post.

Please follow the steps given below for updation of address:

1.) log into new system at https://smash.icsi.in/Scripts/login.aspx 2.) In case you have not logged in to SMASH before, reset your password at the

following link.https://smash.icsi.in/Scripts/GetPassword.aspx 3.) Go to your profile, click on change address

4.) Follow the process as per screen shot given below.


https://smash.icsi.in/Scripts/GetPassword.aspx


Further it is advised to ensure that your District, State, City mentioned in your address database are in order.

5. Advisory on Maintaining Correctness in Photograph and Signature


6. Discontinuation of Public Private Partnership Scheme for Class Room Teaching

The Public Private Partnership Scheme for conducting Class Room Teaching has been discontinued and presently no Centres are authorized to conduct the classes under the Scheme. Students registering at these centres will be doing so at their own risk and responsibility. Students are advised to approach the nearest Regional and Chapter Offices of the Institute for availing the Class Room Teaching facility.

7. Revised Procedure for Effecting Change of Name in the Institute's Records

In order to ensure uniformity in the procedure for effecting change of name on the basis ofspecific requests from students, it has been decided that henceforth request for change of name of students in theInstitute'srecords wouldbe acceptedonlyonreceipt/submissionof eitherofthefollowing documents : - (i) Gazette Notification (ii) Publication in Newspaperfor change of name alongwith anAffidavit (iii) Copy of Marriage Certificate (in case of Female candidates after marriage) (iv) Copy of PAN Card / Aadhaar Card / DIN supporting change of name. Students may send any such request at [email protected] alongwith the requisite supporting documents as mentioned above while quoting their Registration Numbers. It may be further noted that no request would be accepted without registration number.

8. ATTENTION STUDENTS !

Issue of Study Materials Compulsorily to All the Students Registering for the CS Course

It is informed that henceforth the study materials will be issued compulsorily to all students registering for different stages of CS Course.

It has been decided to discontinue the system of granting concession to the students of Executive/ Professional Programme Stages not opting for the study materials at the time of registration.


G. INFORMATION ON SPECIAL INITIATIVES

1. Study Centres

ICSI is setting up Study Centres in cities/ locations where the Regional/ Chapter Office of the Institute does not exist to facilitate the students.

The details of study centres are given below.

Study

Centre Code

Region Study

Centre

Name of the University/C

ollege Full Address

Contact Person with Designation

Mobile E-Mail Id Webs

ite

1 SCW001 WEST Jalgaon

G. H. Raisoni Institute of Business Management,

Gate No 57/1,Sirsoli Road,Mohadi, Jalgaon, Maharashtra 425001

Dr. Preeti Aggarwal, Director /Mr,. Raj Kumar A Kankaria-

09604010444/ 0257-

2264884 /9011768391

[email protected]

www.raisoni.net

2 SCW002 WEST Bilaspur Drona College of IT Applied Social Science,

In front of Kanan Zoo, Pendari, Sakri, Bilaspur-495001, Chhatishgarh

Mr.Akash Pandey, Chairman

07752-214336/

09425535514

[email protected]/ [email protected]

www.dronacollege.com

3 SCE003 EAST Shillong Shillong College,

Laitumkhrah, Shillong, Meghalaya 793003

Prof Shankar Sharma,

9436335399/ [email protected]

http://www.shillongcollege.ac.in/

4 SCW004 WEST Bhilai Sai College, Bhilai

Street 69, Sector 6, Bhilai, Chhattisgarh-490006 (Near Bhilai Nagar Railway Station

Sh Harmeet Singh Sachcdev

0788-2284584,9977001027,9826116968

[email protected]

www.saicollege.org

5 SCS005 SOUTH Hubli - Dharwad

DR. D.G Shetty Educational Society's RS Shetty College of Commerce,

"Jnana Degula", Near K.M.F. Lakammanhalli Industria Area, P.B.Road, Dharwad-580004, Karnataka

Dr. D.G.Shetty, Principal/

0836-2465327/ 2465105/

09343400038

[email protected]

www.dgses.org

6 SCN006 NORTH Moradabad

Teerthankar Mahaveer Institute of Management & Technology,

TMMIT, Opp. Parshavnath Plaza, D-203, TMU Campus, Delhi Road, Moradabad-244001, Uttar Pradesh

Prof. Vipin Jain, Principal/Director

09917200216/

09829574261

[email protected]

www.tmu.ac.in




http://www.raisoni.net/



mailto:[email protected]/





http://www.dronacollege.com/















http://www.saicollege.org/






http://www.dgses.org/





http://www.tmu.ac.in/




7 SCW007 WEST Solapur

Hirachand Nemchand College of Commerce,

S W H Marg, Ashowk Chowk New Pacha Peth, Walchand Collage Campus, S W H Marg, Solapur, Maharashtra 413006

Mrs. Sarika Mahindra Kar

02172656121/9370323585

[email protected]

www.hncc.org

8 SCS008 SOUTH Srikakulam

Sri sai Krishna Junior College,

Onway Traffic, Day & Night Junction, Plot No-12, Nehru Nagar, Near Shanti Nagar Colony, Srikakulam- 532001, Andhra Pradesh

Dr. N.Appanna, Principal & Coordinator

8942-2253042/

09440315789

[email protected]

9 SCS009 SOUTH Vizianagram

Sri Boddu Krishna Degree College,

Dr. No-4-7-7, Kothagraharam, Near ICICI Bank, Vizianagaram- 535001, Andhra Pradesh

Mr. B.M.M Krishna Rao

08922-226454/0944

0824742

[email protected]

10 SCW010 WEST Ujjain

Lokmanya Tilak Science & Commerce College,

Neelganga Road, Near Railway Station, Madhav Nagar, Ujjain-456010, Indore

Dr. Govind Gandhe

0734-2563833/094

25335568

[email protected]

11 SCE011 EAST Rourkela Municipal College,

Udit Nagar,Dist: Sundergarh, Rourkela - 769012, Odisha

Mr. G.B. Dalabehera, HOD

0661-2501838/

9437085393

[email protected];[email protected]

http://www.municipalcollegerkl.com/default.asp

12 SCE012 EAST Silliguri Silliguri College of Commerce,

P.O. : SILIGURI, DARJEELING- 734001, West Bengal

Dr A K Mukhopadhyay

0353-2432594/243

6817

[email protected]

www.siliguricollegeof commerce.org

13 SCS013 SOUTH Tirunelveli

J.P College of Arts & Science,

Agarakattu, Tenkasi, Tirunelveli,-627852, Tamilnadu

Dr Shankar

04633-268321,26712

3 /9443392417

[email protected]

http://www.jpartscollege.org/




http://www.hncc.org/









mailto:[email protected];[email protected]




















14 SCN014 NORTH Rohtak G B Degree College,

Gau karan Road, Near Gau Karan Tank, Rohtak, Haryana 124001

Dr. J N Sharma, Principal

01262-235831/0935

5676558

[email protected]

http://www.gbvps.org/degreecollege.php

15 SCN015 NORTH Mathura R C A Girls (PG) College,

Vrindavan Gate, Masani, Mathura, 12, Aakash Nagar, Vishwa Laxmi Nagar, Mathura, Uttar pradesh - 281003

Dr. Preeti Johari, Principal

0565-2505956/094

12777091

[email protected]

www.rcagirlscollege.org

16 SCS016 SOUTH Tirupati Seicom Degree & PG College,

9-66/14A, New Maruthi Nagar Extension, Tirupati-517501

Mr.T.Praneeth Swaroop, Director/ Mr Pranit Saurabh

9949032949, 7799045454/

(0877)-2241094

[email protected]

http://seicom.ac.in/

17 SCN017 NORTH Jhansi Sharada Devi Degree College

Ballampur Road, Near Blue Bells Public School, Rajgarh Hansari, (Bijoli) Jhansi- Uttar Pradesh- 284135

Mr Tejinder Singh

9453572506, 9554955981

tejinders & [email protected]

shardadevicollege.com

18 SCN018 NORTH Rampur St. Anthony’s School for Girls,

Rahe-Murtaza Civil Lines MSA road, F-10, Officer Bungalow, Raza, Rampur, Uttar Pradsh - 244901

Mr. Ali Siddiqui 0595-

2350320 / 9897499919

[email protected]

19 SCS019 SOUTH Erode Kongu arts and Science College

Nanjanapuram, Kathirampatti post Erode-638107

Dr. N Raman 0424-

2242888/9942452528


www.kasc.ac.in

20 SCE020 EAST Jorhat The Assam Kaziranga University

Koraikhowa, NH-37, Jorhat- 785006, Assam

Dr. Manish Srivastava

7576888760 [email protected]

21 SCN021 NORTH Muzaffarnagar

D A V (P.G.)College,

Arya Samaj Road, Muzaffarnagar-251001, Uttar Pradesh

Dr. P K Saxena, Principal

0131-2622667/941

2337330

[email protected]; [email protected]

www.davcollegmzn.org

22 SCS022 SOUTH Udupi Trisha College,

Tulasikatte Road, Santekatte, Kallianpura, Near T.M.A Pai High School, Udupi-5762114

Mr Satish Nagodde

09620929337/0820-

2580181

[email protected]

www.trishacollege.org






http://www.rcagirlscollege.org/




















http://www.kasc.ac.in/












http://www.davcollegmzn.org/







http://www.trishacollege.org/





23 SCS023 SOUTH Chennai

Shrirmathi Dev kunvar Nanalal Bhatt Vaishnav College for women,

Shanti Nagar, Chromepet, Chennai- 600044

Dr. V Varalakshmi Principal

09940337470/044-

22655450

[email protected]

www.sdnbvc.com

24 SCW024 WEST Jamnagar

Shri Gosar Hansraj Gosrani Commerce & Sri Dharamshi Devraj Nagda B.B.A College,

Shah Bhagwanji Kachra Education complex, Near Octroi Post- Indira Gandhi Marg, Jamnagar-361004

Mrs. Snehal Kotak Palan

9998001596/02882563885

[email protected]

http://www.ghgddn.oshwaleducationtrust.org/

25 SCS025 SOUTH Chennai-I

Dharmamurthi Rao Bahadur Calavala Cunan Chetty's Hindu College,

DRBCC Hindu college, Pattabiram, Chennai-72

Prof M Jawaharlal Nehru


www.drbcchinducollge.ac.in

26 SCE026 EAST Durgapur DSMS College of Tourism & Management,

Dr Zakir Hussain Avenue, Bidhannagar Durgapur-713206, West Bengal, India

Mrs. Siuli Mukherjee

0343-2533198/2532213/14/15,

09933311180

[email protected]

http://dsmsindia.org/group.aspx

27 SCN027 NORTH Gorakhpur

Marwar Business School

l Naseerabad, Near Jhankar Cinema, Gorakhpur- 273001

Dr. Santosh Kumar Tripathi

09415857694, 0551-

2290845

[email protected]

28 SCE028 EAST Tinsukia Women's College,

Near Durgabari Hall, rangagora road, Tinsukia- Assam- 786125

Dr. Rajib Bordoloi, Principal

0374-2332680/9957179376/943

5201868

[email protected] / [email protected]

www.wimcol.org/

29 SCW029 WEST Ahmednagar

New Law College,

Laltaki Road, Ahmednagar-414001

Dr A S Raju, Principal

0241-2325019/096

23899154

[email protected]; [email protected]

www.newlawcollege.org

30 SCS030 SOUTH Puducherry

Bharathidasan Govt College for Women,

Ananda Inn, Thiruvalluvar Nagar, Puducherry, 605001

Dr. R Srinivasan

0413-2213504/097

87703173

[email protected]

http://bgcw.puducherry.gov.in/

31 SCE031 EAST Kharupetia

Kharupetia College,

Vill. Bologarah, P.O. Kharupetia, Dist. Darrang, Pin- 784115, Assam

Mr. Abdul Azia 9854165424/03713255583

[email protected]

http://www.kharupetiacollege.org/



http://www.sdnbvc.com/










http://www.drbcchinducollge.ac.in/














http://www.newlawcollege.org/










32 SCE032 EAST Gangtok Sikkim University,

6th Mile Samdur, P.O,Tadong,Gangtok-737102, Sikkim

Dr. S S Mahapatra

9831024283/9434864303

[email protected]

www.cus.ac.in

33 SCE033 EAST Dimapur Unity college,

Residency Colony, Near Nagaland University, Residential Campus,Dimapur

Dr. Sanjay Chhabra

03862-283589/0943

6004436

[email protected]

www.unitycollegedimapur.com

34 SCE034 EAST Itanagar Rajiv Gandhi University,

Rono Hills, Doimukh, Pin-791112, Arunachal Pradesh

Dr. Sanjeeb K Jena


http://www.rgu.ac.in/

35 SCE035 EAST Tiruchirapalli

National College,

Dindigul Main Road, Karumandapam, Tiruchirapalli-620001

Dr K Kumar 9443548859/

0431-2480263

[email protected]

36 SCS036 SOUTH Perumbavoor

Jai Bharth Arts & Science College,

Vengola PO, Arackapady, Perumbavoor, Pin-683556, Ernakulam District, Kerela

Dr. K.X Varhese 9446491047 [email protected]

www.jaibharathcollege.com

37 SCW037 WEST Akola

Shri Shivaji College of Arts, Commerce & Science,

Near Shivaji Park, Akola-444003

Dr. S G Bhadange

09960296138/0724241043

8

[email protected]

www.shivajiakola.ac.in

38 SCE038 EAST Agartala Bir Bikram Memorial College,

College Tila, Agartala-799004, Tripura

Dr. Pallab Kanti Ghosal


39 SCS039 SOUTH Vaniyambadi,Vellore District

Marudhar Kesari Jain College for women

Marudhar Nagar, Chinnakallupalli, Vaniyambadi-635751, Tamilnadu

Ms. M Ashtalakshmi

09789565577/04174-

224300/225300

[email protected]

www.mkic.in

40 SCS040 SOUTH Shivamogga

Edurite College of Management Studies

Savlanga Road, Ravindra Nagara, Shivamogga, Karnataka 577201

Dr. Shankar Narayan

08182-402541/0934

3310847

[email protected]

41 SCW041 WEST Satara Ismailsaheb Mulla Law College

Karmaveer Samadhi Parisar, Ravivar Peth, Powai Naka, Satara 415002

Dr Sujata Pawar

02162-234138/0942

2400917

[email protected]

www.imlc.ac.in






http://www.unitycollegedimapur.com/














http://www.jaibharathcollege.com/








http://www.shivajiakola.ac.in/










http://www.mkic.in/

http://www.mkic.in/

http://www.mkic.in/






http://www.imlc.ac.in/




42 SCW042 WEST Alibag

Janata Shikshan Mandal’s Sau. Janakibai Dhondo Kunte Commerce College (JSM College)

Behind State Bank of India At & Post - Alibag, Dist Raigad, Maharashtra - 4044011

Prof Datar Surendra Bhagwan

2141-222036,22836

1/ 09270600370

[email protected]

43 SCS043 SOUTH Kottayam Baselius College

Manorama Junction, Near Malayala Manorama, K K Rd, Kottayam Kerala- 686001

Prof Alexander V George/Dr J Nalini

0481 256 3918/944631

7201

[email protected]

www.baselius.ac.in

44 SCE044 EAST Aizwal Pachhunga University College

College Veng, Aizwal Mizoram- 796005

Dr. Vanlal Thlona


45 SCE045 EAST Imphal D M College of Commerce

DM College Campus, Imphal, Manipur 795001

Dr. Md Kheiruddin Shah/ Dr N Jayanti Devi

9774935464/09436089125/0708524753

3

[email protected]

46 SCN046 NORTH Roorkee Coer- SM

NH-58, Vardhaman puram, 7th KM, Roorkee, - 247667,Uttarakhand

Dr Veeralakshmi


coer.ac.in

47 SCN047 NORTH Chamoli

Himalayan Institute of Education & Technology (HIET)

Village & Post- Jilasu, Via- Langasu, Karnpriyag Dist. Chamoli- 246446, Uttarakhand

Dr.Surendra Prasad Dimri

09412082143/01363-

241596/7895098618

[email protected]

www.hiet-chamoli.com

48 SCE048 EAST Silchar Lalit Jain College

Meherpur, Silchar, Silchar - 788001

Sri Amar Nath Singh


49 SCW049 WEST Khed (Ratnagiri)

Dnyandeep College of Science & Commerce

At Post Morvande-Boraj, Tal. Khed Dist- Ratnagiri-415709, Maharashtra

Ms. Pradnya Prakash Kambli

08082656430/0771981000

0

[email protected]

50 SCW050 WEST Dadra & Nagar Haveli

KBS Commerce & NATARAJ Professional Sciences College

Shree Kaushik Haria Educational Foundation,Chanod Colony Naka, Silvassa Road, Dadra and Nagar Haveli 396195

Dr. Poonam B. Chauhan

0260 245 0577/997441

8486

[email protected]

51 SCS051 SOUTH Portblair

Jawaharlal Nehru Rajkeeya Mahavidhyalaya

J N R Mahavidhyalaya, Portblair- 744104

Dr. N Rajavel 09434281546

/ 03192-232082

[email protected]







http://www.baselius.ac.in/














http://www.hiet-chamoli.com/















52 SCW052 WEST Latur Jaikranti Arts & Commerce Senior College

Sitaram Nagar, Latur- 413512

Dr Sagar Pandhari

8999482960/02382-57410

[email protected]

53 SCW053 WEST Nanded

Paratibha Niketan Mahavidyalaya

Banda Ghat Road, Vazirabad, Nanded- 731601

Dr. G T Waghmare

02462-234700 /

9404076809/8668760194


www.pnmnanded.org

54 SCN054 NORTH Bijainagar

Shri Pragya Mahavidyalaya

Beawar road, Bijainagar, Ajmer, Rajasthan- 305601

Dr Sujeet Jain 9672297494/

01462-230101

[email protected]

www.spcollege.in

55 SCN055 NORTH Pathankot

RRMK Arya Mahila Maha Vidyalaya

Shahpur Chowk, near Kabir Chowk, Pathankot- 145001, Punjab

Ms Nisha 9646912093 [email protected]

56 SCS056 SOUTH Lakshadweep

College of Education

Calicut University Centre, Kavaratti, Lakshadweep

Mr.Mohammed Yaseen

04896262787/09400259431/944728025

2

[email protected]

57 SCS057 SOUTH Devokottai

Ananda College

Ananda Nagar, Devakottai Extension, Sivagangoi District - 630303

Fr John Vasanth 9443502544


58 SCW058 WEST Kutch Tolani Commerce College

Near Post office, Ward 2A, Gandhidham, Adipur-370205

Dr Manish Pandya

02836-260623/9426

999192

[email protected]

www.tcc.ac.in

59 SCS059 SOUTH Mala

Holy Grace Academy of Management Studies

Kuruvilassery P O Mala, Thrissur Dist - 680732

Dr. Joji Chandran

0480-2891900,

2897185,9447006541

[email protected]

www.holygracebschool.org

60 SCN060 NORTH Saharanpur

Disha Bharti College of Management & Education

Delhi road, Chidbana Lane Saharanpur- 247001 Uttar Pradesh- 247001

Mr Gaurav Agarwal

0899192200/08449181818

[email protected]

www.dishabharticollege.edu.in

61 SCS061 SOUTH Kanchipuram

SCSVMV University,

Enathur, Kanchipuram, Tamilnadu- 631561

Dr M S Ramaratnam

044-27264179,

9842754984

[email protected]

62 SCW062 WEST Lanja

Nanasaheb Vanjare New Education Society’s Arts, Commerce & Science College,

Lanja, Dist-Ratnagiri-416701

Dr Suvarna A Deuskar

02351-230558,99702

02150

[email protected]









http://www.pnmnanded.org/







http://www.spcollege.in/












http://www.tcc.ac.in/






http://www.holygracebschool.org/








http://www.dishabharticollege.edu.in/













63 SCW063 WEST Ratnagiri

Shriman Bhagojisheth Keer Law College

Late N V @ Aruappa, Joshi road, GJC College, Ratnagiri- 415612

Mr R S Malushte

02352-221545,22159

9, 9822580621


64 SCN064 NORTH Rudrapur Chanakya Law College

Vill Bhamrola, P O Bagwara Kichha Road, Opp Radha Swami Satsang Rudrapur (U S Nagar) Uttarakhand-263153

Mr Ravindra Bisht

05944246094/9012414743

[email protected]

www.chanakyalawcollege.in

65 SCN065 NORTH Laxmangarh

M D Goenka Girls College

NH-52 Laxmangarh Sikar, Rajasthan

Ms Meenakshi sharma

01573-22862/07976

937500

[email protected]

www.goenka.ac.in

66 SCN066 NORTH Jaipur Biyani Girls College

Sector-3, Vidhyadhar Nagar, Jaipur- 302023, Rajasthan

Cs Dr. Rajeev Biyani

0141-2336226/093

14927400

[email protected]

www.biyanicolleges.org

67 SCS067 SOUTH Ramanathapuram

Syed Ammal Arts & Science College

Dr E M Abdullah nagar, Kootampuli, Pullangudi, Tamil Nadu 623513

Dr S V S Amanulla Hameed

9940968680

[email protected]

syedammalartscollege.com/

68 SCS068 SOUTH Karaikudi Alagappa University

Alagappa University, Karaikudi- 630003

Prf. V Manickavasagam


www.alagappauniversity.ac.in

69 SCS069 SOUTH Hassan

Haranahalli Ramaswamy Institue of Higher Education

PB No-194, Salagame Road, Hasssan district, Karnataka-573201

Dr. Subramanya P R

08172-245551,09731

999440

[email protected]

70 SCE070 EAST Haldia Haldia Law College

ICARE Complex, P o Hatiberia, P S Haldia dist- Purba Medinpur-721657

Dr Pradeepta Kishore Sahoo

03224-255355/255356,863726409

3

[email protected]

71 SCW071 WEST Katni

Silicobyte Katni Degree College and Professional Studies

Jagmohan Das Ward, Katni- 483501, Madhy Pradesh

Shri Paras Jain 9753180809 [email protected]

72 SCW072 WEST Jabalpur

Nachiketa Institute of Management & Information Technology

Power Grid , Jabalpur-482002, Madhya Pradesh

Dr Ajay Upadhyay

761-4085058 [email protected]









http://www.chanakyalawcollege.in/







http://www.goenka.ac.in/






http://www.biyanicolleges.org/








mailto:dde@alagappauniversity%20.ac.in



http://www.alagappauniversity.ac.in/














73 SCW073 WEST Kothrud MIT WPU School of Management

Saraswati Vishwa A Wing, 5th Floor, SV No-123, MIT Campus Paud Road Kothrud-38

Dr R M Chitnis 020-

30273599,9850041773

[email protected]

74 SCN074 NORTH Sikar Bhartiya Siksha Sankul

Near Sahwadi Circle, Chandpura, Sikar, Rajasthan-332021

Mr M C Ranwa 01572-

274100,9414036921

[email protected]

www.bietsicom.ac.in

75 SCW075 WEST Ratlam

Swami Vivekanand Government Commerce College

Viriyakhedi, Ratlam, Madhya Pradesh-457001

Dr. Abhay Pathak

07412-263353,98273

01320

[email protected]

76 SCS076 SOUTH Chennai II

Alpha Arts & Science College

No.30 Thundalam, Porur, Behind Ramachandra Hospital,Chennai 600116

Dr. V Rathika 8122675323 [email protected]

77 SCW077 WEST Junagadh

Nobel Group of Institutions Management Department

Parth Vatika, Bhesan Road, via-Vadal, At: Bamangam, Junagadh-362310

Prof Jay Talati 0285-

2680244,09427184429

[email protected]

ngivbt.edu.in

78 SCS078 SOUTH Thanjavur

SASTRA Deemed To Be University

Trichy-Tanjore Road, Thirumalaisamudram, Thanjavur, Tamil Nadu 613401

Dr V Badrinath 04362-

304223/09443148947

[email protected]

www.sastra.edu

79 SCN079 NORTH Falna S P U College Bali Road, Falna - 306116, Rajasthan

Dr, Gautam Sharma

02938-236632/9414

814082

[email protected]

www.spucollegefalna.com

80 SCN080 NORTH Shri Ganga Nagar

Dr. Radha Krishanan Girls College

Gagan Path, Shri Ganganagar, Rajasthan- 335001

Shri K L Yadav 0154-

2461547

[email protected]

81 SCN081 NIRC Danta Maharshi Parshuram P G College

Rambagh, Reengus Road, Danta Sikar - 332702, Rajasthan

Dr Balmukund Dixit

09413344372 / 9460044372

[email protected]

82 SCN082 NIRC Jhunjhunu

Seth Gyaniram Bansidhar Podar College

Rambilas Podar Road, Nawalgarh, Jhunjhunu, Rajasthan- 333042

Shri Abhishek Pareek

01594222030 /

01594225892

[email protected]

www.podarcollege.com

** Not Functional - ICSI Silliguri Study Centre







http://www.bietsicom.ac.in/













http://www.sastra.edu/





http://www.spucollegefalna.com/













http://www.podarcollege.com/





2. Third (3rd) International Company Secretaries Olympiad for Academic

Session (2018-19)

CS Olympiad has been established with the objective of enabling the student community to discover their potential in areas pertaining to Company Secretaryship and governance and identifying their interest to choose their stream of education.

As you are aware, the Second (2nd) International CS Olympiad was conducted on 23rd and 30th Janunary,2018 in which more than 1300 schools and about 34,000 students from different parts of the country and aboard have participated .

Students of class 11th& 12th from various locations have scored International Rank as well as Zonal Ranks in the same.

This year also various chapters of the Institute have already organized the Zonal Winners award ceremonies at Schools level.

We are happy to inform you that after the Grand Success of First (Ist) and Second (2nd) International CS Olympiad, the 3rd International Company Secretaries Olympiad for Academic Year 2018-2019 will be held on 20th December, 2018 and 30th January, 2019 2018-2019 will be held on 20th December, 2018 and 30th January, 2019.

The details of CS Olympiad is also being publicised through dedicated portal www.csolympiad.info .

3.‘Shaheed Ki Beti’ Initiative

The Institute has launched a novel initiative to help the daughters of Martyrs who laid down their lives for protecting the sovereignty of the country. Under the ‘Shaheed Ki Beti’ initiative, the Institute has discontinued the practice of giving mementoes, etc. to the dignitaries/ speakers invited for various programmes of the Institute and the said amount will be transferred to the dedicated corpus and will be utilised for the education/ welfare of the daughters of martyrs. The first certificate under this initiative was presented to Shri Narendra Modi, Hon’ble Prime Minister of India who was the Chief Guest on the launch of ICSI Golden Jubilee Year on 4th October, 2017. Any national of India can also donate under this scheme. Kindly disseminate this information amongst your family and friends to support the Institute for this novel initiative.


4. Extension of Fees Waiver Scheme for Students of State of Jammu & Kashmir and North-Eastern States up to 31st December 2018

As you are aware that the Institute had launched a Fee Waiver Scheme for students of Jammu & Kashmir and North Eastern States of India to provide an opportunity to the youth of these States to come to the mainstream. The fee waiver scheme includes waiving the Fee for all students registering for the Foundation and Executive Programme Stages from North Eastern States (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, Sikkim) and State of Jammu and Kashmir. All students belonging to North Eastern States and State of Jammu and Kashmir who have passed the 10+2 or equivalent or Bachelor’s Degree or equivalent irrespective of the percentage of marks are eligible for Fee Waiver while registering for Foundation Programme and Executive Programme Stage respectively.

It is overwhelming to note that students are joining the course in large numbers after launch of this Scheme and keeping in view the same, the Institute has further extended the Scheme till 31st December 2018.

Kindly disseminate the information regarding the same amongst your knowns.


H. FEE FOR SERVICES

1. Schedule of Fees Schedule of Fees

A.) The details of fee applicable for availing various services are as under:-

FEE SCHEDULE

PARTICULARS FEES (Rs.) REMARKS

FOUNDATION PROGRAMME

Admission Fee

Education Fee

E-learning Fee

1,500

3,000

600

Total Fees Rs.5,100

EXECUTIVE PROGRAMME

(For Commerce Graduates)

Foundation Examination Exemption Fee

Registration Fee

Education Fee for Executive Programme

Pre-Examination Test Fee

500

2,000

6,500

1,000

Total Fees Rs.10,000

(For Non-Commerce Graduates)


Registration Fee



500

2,000

7,500

1,000



For CPT pass of the ICAI & Foundation Pass of the ICAI-CMA


Registration Fee



4,000

2,000

6,500

1,000


CS Foundation Pass Student


8,500

1,000

Total Fees Rs.9,500

PROFESSIONAL PROGRAMME

Education Fee 12,000 Pre-Examination

Test Fee 1000


DE-NOVO REGISTRATION

Registration De-Novo Fee

Students may apply for Registration de-novo within two years of the expiry of former registration

2,000

If students fail to apply for Registration de-novo within two years of expiry Registration, they may still seek Registration de-novo within a maximum period of five years from the expiry of former registration.

3,000

EXTENSION OF REGISTRATION

Extension of Registration Fee 1,000

PRE-EXAM TEST FEES

Pre-Exam test Fees (Applicable to Executive Programme New Syllabus Students) or Students switched over to New Syllabus

1,000 Rs 1,000


EXAMINATION FEE

Foundation Programme (Lumpsum) 1,200

Executive Programme 1,200 (Per Module)

Professional Programme 1,200 (Per Module)

Late Fee for submission of Examination Form 250

Change of Examination Center/Module/Medium

250

Surcharge for appearing in Examinations from Overseas Centre (Dubai) (over and above normal Examination Fee)US$ 100 (or equivalent amount in Indian Rupees)

OTHER FEES

Paper-wise Exemption 1,000

Duplicate Pass Certificate 200

Inclusive of GST@18%

Duplicate Result-cum-Marks Statement 100 (Per Mark-sheet)

Verification of Marks 250 (Per Paper)

Transcripts 295 (Per Transcript)

Inclusive of GST@18%

Verification of Marks Fee 250 (Per Paper)

Certified Copy of Answer Book 500 (Per Paper)


CONCESSION IN FEE

1. Students under SC / ST Category Students belonging to SC/ST Category are required to pay only 50% of the

Registration Fee and Examination Fee as applicable to the students under General Category.

2. Students under Physically Handicapped Category Students belonging to Physically Handicapped Category as defined under Persons

with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act as amended from time to time are required to pay Registration Fee and Examination Fee at concessional rates only as per details given below :

(a) For Registration to various Stages of CS Course

(b) Examination Fee

Stage Concession in Fee available to Physically Handicapped Students

Foundation Programme

25% of the fee applicable to general category students.

Executive Programme

25% of the fee applicable to general category students per module.

Stage Concession in Fee available to Physically Handicapped Students

Foundation Programme

Only Registration Fee will be charged (At present, Registration Fee is Rs. 1,500/-)

Executive Programme

Only Registration Fee will be charged (At present, Registration Fee is Rs. 2,000/-)


Only Registration Fee will be charged (At present, Registration Fee is NIL)

Registration Denovo& Extension of Registration

25% of the fee applicable to general category students.



25% of the fee applicable to general category students per module.

3. Military Forces

The widows and wards of Martyrs of the Military and Para-Military Forces are eligible for concession in fee on furnishing the requisite certificate / identity card issued by the concerned Government Departments as per details given below:-

Particulars Concession to be granted to the Widows and wards of the martyrs

All fee payable at the time of Registration to Foundation Programme, Executive Programme & Professional Programme Stages

50% of the fee applicable to general category students

Examination Fee 50% of the fee applicable to general category students

All Other Fee As applicable to the general category students


March 201

IMPORTANT ALERTS FOR STUDENTS





2018





















REQUEST FOR CHANGE IN EXAMINATION CENTRE / MEDIUM/ MODULE FOR DECEMBER, 2018 SESSION

STUDENTS MAY PLEASE NOTE THAT CHANGES IN THE ENROLLMENT STATUS ARE NOT ORDINARILY ALLOWED. HOWEVER, IN UNAVOIDABLE CIRCUMSTANCES, THEY MAY SEEK CHANGE OF EXAMINATION CENTRE, COMBINATION MODULE(S), MEDIUM OF EXAMINATION AND CANCELLATION OF PAPER-WISE EXEMPTIONS GRANTED DURING THE PERIODS MENTIONED BELOW:

Stage Start Date for submission of Online

Requests for change of Examination Centre,

Medium & Combination of Modules

Last Date for submission of Online Change

Requests

Last date for submission of cancellation of

online exemption request

Foundation, Executive & Professional

Programme Examinations

11th October, 2018 5th December, 2018 upto 16:00 Hours

5th December, 2018 upto 16:00

Hours

Fee applicable for each change

Rs. 250/=

(In case of submission of request for Change of Examination Centre from any of the Centers located in India to Dubai, Surcharge of US$ 100 or its equivalent amount in Indian rupee will be applicable in addition to the prescribed fee of Rs.250/-).

REQUESTS FOR CHANGES, IF ANY, RECEIVED AFTER THE LAST DATES MENTIONED ABOVE WILL BE REJECTED WITHOUT FURTHER NOTICE.

Pls go through the below mentioned link for the user manual. This link will guide the enrolled students who want to make changes in the enrolment. Changes can be made in appearing enrolment module, centre and medium (English or Hindi) for a particular session..

https://www.icsi.edu/Webmodules/User_Manual_Student_Enrolment_Services.pdf

FOR ANY QUERY STUDENTS MAY CONTACT THE INSTITUTE THROUGH FOLLOWING MODE:-

Grievance Portal at http://support.icsi.edu

https://www.icsi.edu/Webmodules/User_Manual_Student_Enrolment_Services.pdf

http://support.icsi.edu/


FAQs ON PRE-EXAMINATION TEST Q.1 Students of which stage of CS Course are required to complete the Pre-Examination

Test? A.1 The Pre-Examination Test is applicable for students of New Syllabus (2017) of

Executive Programme and Professional Programme Stage. Initially, the Pre-Exam Test will be introduced for Executive Programme (2017) New Syllabus Students which will be a pre-requisite for students seeking enrolment to December, 2018 Session of Examinations.

Q.2 Please let me know the pattern and other related details of Pre-Examination Test? A.2 The pattern of Pre-Examination Test will be as follows :

a) Online Computer Based b) The student can take the test from his home, cyber café or any other location. c) Multiple Choice Question (MCQ) type with negative marking of 25% of the allotted

marks; d) Result of the test would be available immediately on completion of the test; e) Result of the test would be linked with the enrolment process for examination; f) The questions will be categorized as per three difficulty levels i.e. Easy, Medium

and Tough and shall have a ratio of 30:40:30 in the overall marking scheme. Q.3 What will be the qualifying marks for each subject? A.3 The subject-wise qualifying marks will be minimum 40% marks. Q.4 I am planning to appear in Module-1 of Executive Programme during December,

2018 Session? Am I required to complete the Pre-Exam Test of Module-2 also before enrolment to December, 2018 Session?

A.4 No. You are required to complete the Pre-Exam Test of subjects covered under Module-1 only. Students are required to successfully complete the Pre-Exam Test of all subjects forming part of specific Modules in which they are planning to appear in the main Examinations. They may complete the Pre-Exam Test of remaining modules separately before seeking enrolment to examinations of such Module(s).

Q.5 Can I complete the Pre-Examination Test after enrolling and appearing in the main examinations?

A.5 No. Students are required to complete the Pre-Examination Test before enrolling for the main examinations.

Q.6 If I successfully complete the Pre-Examination Test before seeking enrolment to December, 2018 Examinations, will it be valid for future sessions if I fail in the main examinations?

A.6 The Pre-Examination Test will be valid for future sessions of examinations for the respective subjects and students will NOT have to clear the Pre-Examination Test each time they are seeking enrolment to main examinations.

Q.7 Am I required to remit any fee for appearing in the Pre-Examination Test? A.7 Yes. Students seeking enrolment to Pre-Examination Test are required to remit a

fee of Rs.1000/-. However, students who have already remitted the Pre-Examination Test Fee while seeking registration to CS Executive / Professional Programme Stages are not required to remit the fee again.

Q.8 What will be the syllabus for Pre-Examination Test? A.8 The questions will be according to the 2017 New Syllabus of CS Course.


Q.9 I was an Old Syllabus Student and I have switched over to New Syllabus (2017) of Executive Programme. Shall I be required to pass the Pre-Examination Test before appearing in the main Examinations?

A.9 Yes. Students who have switched over from Old Syllabus to New Syllabus (2017) of Executive and Professional Programme Stages shall be required to pass the Pre-Examination Test before seeking enrolment to Examinations.

Q.10 I have been granted exemption in some of the subjects on the basis of higher qualification/ switchover/ 60% marks criteria, etc. Am I required to pass the Pre-Examination Test of these subjects before appearing in main examinations?

A.10 No. Students are not required to pass the Pre-Examination Test of subjects in which they have already been granted exemption under different criteria for grant of exemption.

Q.11 What will be the duration of Pre-Examination Test, Total Number of Questions and the Total Marks?

A.11 Duration of Pre-Examination Test : 60 Minutes; Total Number of Questions : 50; Total Marks : 100.

Q.12 In case, I fail in the Pre-Examination Test, shall I be given another opportunity to appear in the Pre-Examination Test?

A.12 Students may appear in Pre-Examination Test any number of times, but they shall be able to appear in the Pre-Examination Test only ONCE in a day.

Q.13 What will be the process of making payment of fee for Pre-Examination Test? A.13 PROCESS FOR REMITTING THE FEE FOR PRE-EXAMINATION TEST

1. Login Page: Student can login in to the application by entering Registration Number and DOB. http://www.icsi.in/PreExamFees/Login.aspx

It will not allow student to enter into application if he has already made payment and his transaction is Successful or after Successful reconciliation. Both Registration Number and DOB are mandatory.

http://www.icsi.in/PreExamFees/Login.aspx


2. Student Profile Page: This page populates student details along with Pre- Exam Test Fee.

3. Payment Instruction Page: This page displays Transaction ID, Receipt ID and Instructions. Student can “Proceed to Payment” by giving his consent on the same by checking the check box.

4. Payment Gateway


5. Receipt Generation

Q.14 What will be the steps for appearing in the Pre-examination Test? A.14 Steps to attempt Online Pre-Examination Test:

1. Login using your credentials:

Link - https://elearning.icsi.in

(Please note, your Login credentials (Login Id and password) would be intimated to you once you pay the requisite fee)

https://elearning.icsi.in/


2. Click on My Course:

3. After Clicking on My Courses, all the courses in which you are enrolled will appear on the screen. You can select Online Pre Examination Test Executive Module -1 from the list of courses. Click on Online Pre Examination test Module – 1. Click on Launch Button in Green Color.


4. Upon Launching, Pre Examination Guidelines page will open, please read guidelines carefully.

5. After reading Guidelines, Please click on Assessment Tab given just below paper name


6. After Clicking on Assessment, Please click on launch assessment button:

7. After clicking on launch assessment, instruction page will open. Please read these instructions carefully. After reading instruction, please tick the checkbox displaying (I have read and understood the instructions and agree to adhere to them). Please click on “I am ready to begin button”.

8. Assessment will start just after you click on this button. Given below is assessment screen:


Q.15 I have enrolled myself for Class Room Teaching conducted by the Regional /

Chapter Office of the Institute in my city. Shall I be exempted from appearing in Pre-Examination Test if I pass the Tests conducted by the said Regional/ Chapter Office after completion of the Class Room Teaching Session?

A.15 Yes. Students who have cleared the Offline Test in specific subjects after undergoing Class Room Teaching session in the Regional and Chapter Offices shall be exempted from the specific subjects of Online Pre-Examination Test.

Q.16 Please let me know if the marks scored in the Pre-Examination Test will be considered for computing the result of main CS Examinations?

A.16 No. The Pre-Examination Test will be a qualifying test to assess the level of preparation of the students before appearing in the main examinations. The marks scored in the Pre-Examination Test will NOT be used for computing the results of the main CS examinations.

Announcement for Students of Professional Program New Syllabus 2017 Study material is under final stages of preparation for the students of Professional Programme who have registered w.e.f 1st September 2018 or opted to switchover to new syllabus, 2017. Soft copy of the Study Material will be uploaded at the Academic Corner of the website of the Institute www.icsi.edu by the end of November, 2018 and thereafter printed copies of the study material will be available by end of December, 2018 or January, 2019. Team ICSI



Institutes/Colleges/Universities visiting ICSI

Rajdhani College students of

Delhi University visited ICSI Noida Office as part of their Industrial Visit. Around hundreds students and nine faculty members visited the Institute. The event was highly appreciated by the College. Such kind of events not only uplift the brand value of the Institute but also help in enhancing the visibility of the Institute. ICSI is receptive to all such initiatives in near future also.

Companies Act Challenge

The Institute of Company Secretaries of India organised an Online Test challenge on Companies Act 2013 on successful completion of 5 years of Companies Act 2013, on 2th Oct 2018 for the students across India and abroad. Students in great numbers participated in the Competition and won attractive prizes in form of cash and publications of the Institute. This initiative of the Institute got accolades from all segments of the society.



ATTENTION STUDENTS!!

ALL STUDENTS ENROLLED FOR FOUNDATION (COMPUTER BASED), EXECUTIVE & PROFESSIONAL PROGRAMME EXAMINATIONS DECEMBER, 2018 SESSION

The Preliminary enrolment status for December, 2018 Session in respect of Students who have successfully enrolled for the examinations has already been made available at the following link:

https://smash.icsi.in/Scripts/Enrollment/Admin/PreliminaryEnrStatus.aspx

Please check and verify the following details pertaining to your examination enrolment for December, 2018 Session

1. Examination Centre (Change within a particular city not allowed. For example, Delhi-South to Delhi-North, etc.)

2. Medium (There is no need to change the Medium for Computer-based Foundation Programme Examination as the question papers will be in bi-lingual format)

3. Module (Students are not allowed to increase/decrease the total number of modules originally enrolled)

4. Paper-wise Exemptions (granted to you on the basis of a) qualification b) switchover & c) 60% marks criteria).

You may verify the preliminary enrolment details by entering your Registration Number and Date of Birth at the aforesaid link.

If you would like to change the Centre, Medium, Module, etc., you are required to submit formal online requests after logging into your SMASH online account at while remitting the requisite fee of Rs. 250/- Per Change.

In case you need any further information / clarification, please submit your query at http://support.icsi.edu.

The last date for submitting online requests for change in enrolment status as well as cancellation of exemption (if the student wish to appear in the particular exempted paper) is 5th December, 2018 (16:00 Hours) only, beyond which the requests received would be summarily rejected.

While on the subject, please note that time slots for appearing in the computer based Foundation Programme examination will not be entertained.

With Best wishes

Team ICSI

***

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Examination

1. DISPATCH OF MARKS-SHEETS JUNE, 2018 EXAMINATION

The Result-cum-Marks Statements to all the Professional Programme students of CS Examination held in June, 2018 have been dispatched via Speed Post after declaration of result on 25th August, 2018. Students who have not received the same may contact the Dte. of Examination through e-mail at : [email protected] stating their Name, Roll No., Registration No., complete postal address and mobile number latest by 25th November, 2018. Students may note that fee for duplicate Result-cum-Marks Statement shall be charged on applications received after 25th November, 2018.

2. OUTCOME OF APPLICATIONS FOR VERIFICATION OF MARKS/ INSPECTION OR SUPPLY OF CERTIFIED COPY(IES) OF ANSWER BOOK(S)

The response time to candidates’ requests for verification of marks/ inspection or supply of certified copy(ies) of answer book(s) is normally 6-8 weeks from the date of receipt of their applications in the Directorate of Examinations of the Institute. On receipt of the applications in the Directorate of Examinations, the status/outcome of verification of marks/ inspection or supply of certified copy(ies) of answer book(s) will be shown on the Institute’s website: www.icsi.edu and the candidate concerned can enquire about the status/outcome of his/her application by entering his/her Roll No. or Student Registration Number. In case of no change in his/her marks or result position, the candidate can also download a copy of the reply letter instantly from the link given to this effect and no other communication will be sent in this regard. However, in case of any change/revision in marks in any subject(s) and/or result of a particular Module/Stage of Examination, separate communication to that effect will be sent to the candidate concerned through Speed Post.

However, if a candidate does not receive any information from the website/communication within sixty days from the date of dispatch of application he/she may send an e-mail at: [email protected] or write to the Joint Secretary (Exams.) giving relevant details along with the scanned/photo copy of application and demand draft/receipt of application fee.



3. ANNOUNCEMENT REGARDING ‘MERIT SCHOLARSHIP’ AND ‘MERIT-CUM-MEANS ASSISTANCE’ IN RESPECT OF CS EXAMINATIONS- JUNE, 2018

ATTENTION STUDENTS APPEARED IN CS EXAMINATIONS

JUNE, 2018

The Institute awards “Merit Scholarships” and “Merit-cum-Means Assistance” to students for pursuing Executive Programme and Professional Programme on the basis of their meritorious performance in the examinations and on merit-cum-need basis on their passing Foundation Programme and Executive Programme examinations respectively, as per the criteria stipulated under the “Merit Scholarship (Company Secretaryship Course) Scheme, 1983” and “Merit-cum-Means Assistance (Company Secretaryship Course Scheme), 1983”. MERIT SCHOLARSHIP

In pursuance of para 7 of the “Merit Scholarships (Company Secretaryship Course) Scheme, 1983, 25 numbers of scholarships are awarded each for Executive Programme and Professional Programme Course per session only to registered students, purely in order of merit, from amongst the candidates who appeared and passed in all the subjects of their respective examination, at first attempt, in one sitting, without claiming exemption in any subject, on all-India basis and subject to fulfilling other terms and conditions as stipulated in the said scheme.

Accordingly, students who pass the Foundation Programme/Executive Programme Examination in June, 2018 and fulfill the conditions prescribed under the guidelines are eligible for award of Scholarship.

MERIT-CUM-MEANS ASSISTANCE

In pursuance of para 8 of the “Merit-cum-Means Assistance (Company Secretaryship Course) Scheme, 1983”, 25 numbers of financial assistance are awarded each for Executive Programme and Professional Programme Course per session only to registered students. According to the scheme, a candidate has to apply in the prescribed form which can be downloaded from Institute’s website: www.icsi.edu OR obtained from the Institute free of cost by sending a self-addressed stamped envelope, and submit his/her application within the specified date as notified from time to time. Any candidate applying for financial assistance should have passed the Foundation Programme/Both the Modules of Executive Programme Examination, at first attempt, in one sitting, without claiming exemption in any subject. If the candidate is employed or having an independent source of income, in that case his/her income should not be more than Rs.2,40,000 per annum and if he/she is dependent on his/her parents/guardian/spouse, then the combined income from all sources should not be more than Rs. 3,60,000 per annum and also subject to fulfilling other terms and conditions as stipulated in the said scheme.

A separate notification inviting applications for award of “Merit-cum-Means Assistance” is being published elsewhere in this issue.



4. NOTIFICATION FOR INVITING APPLICATIONS FOR ‘MERIT-CUM-MEANS ASSISTANCE’ IN RESPECT OF CS EXAMINATIONS - JUNE, 2018


5. GRANT OF FACILITY OF WRITER’S HELP/EXTRA TIME TO PHYSICALLY DISABLED CANDIDATES IN CS EXAMINATIONS - DECEMBER, 2018

Any physically disabled/challenged candidate having a minimum of 40% physical disability or deformity of permanent nature and who wishes to seek writer’s help and/or extra time for the purpose of appearing in Company Secretaries Examination is requested to submit a separate application in the prescribed format as specified below in addition to submitting his/her online enrolment application for appearing in the examination together with the attested photocopies of following documents and with full size photograph showing the disability:

(i) Disability Certificate issued by the Medical Board/doctor of not below the rank of Civil Surgeon/Medical Superintendent of a Central or State Govt. Hospital/Medical College, certifying the nature (permanent or temporary) and percentage of disability and its duration affecting his/her ability and/or the normal physical functions; and

(ii) Letter of Permission issued to him / her by Sr. Secondary Board / University and/or any other professional/educational examining body, such as — UPSC, SSC, State Public Service Commission, The Institute of Chartered Accountants of India, The Institute of Cost Accountants of India, etc., granting him/her such assistance for appearing or writing the examinations.

Physically disabled candidates who had been granted facility of writer’s help/extra time in the previous CS examination(s) and wish to avail of such concession or assistance for writing the ensuing examination are required to apply again for each session of examination giving reference of communication allowing such facility granted in the past. In such cases, candidates are not required to submit the attested copies of above stated documents and full size photographs.

It is clarified that in case of disablement of temporary nature and injuries like, fracture in the arm, forearm or dislocation of a shoulder, elbow, wrist or any other illness, etc., the candidates are not eligible to seek any concession or assistance of writer and/or extra time.

The duly filled in application on the prescribed form along with the supporting documents, if any, should be sent to the Institute at the address given below at least 45 days in advance from the date of commencement of examination:

The Joint Secretary Directorate of Examinations The Institute of Company Secretaries of India ‘ICSI HOUSE’, C-37, Sector 62, Institutional Area, NOIDA – 201 309 (U.P.)

Communication regarding grant of writer’s help and/or extra time for writing the examinations is normally sent to the respective candidates 8-10 days before the commencement of each examination after the issue of Admit Cards/Roll Number.

For quick disposal, the application for grant of writer’s help and/or extra time should not be clubbed with any other query or correspondence.

The prescribed applications form for availing the facility of writer’s help and/or grant of extra time can be downloaded from the website of the Institute : www.icsi.edu at the URL given below:

https://www.icsi.edu/webmodules/Scribe_form.pdf


https://www.icsi.edu/webmodules/Scribe_form.pdf


6. CONDUCT OF DECEMBER, 2018 EXAMINATIONS

The next examination for Executive Programme and Professional Programme scheduled in December, 2018 will be held from 20th December, 2018 to 30th December, 2018 as per the Examination Time-Table (published elsewhere in this bulletin) at 127 examination centres, viz., 1. Agra, 2. Ahmedabad, 3. Ahmednagar, 4. Ajmer, 5. Akola, 6. Aligarh, 7. Allahabad, 8. Alwar, 9. Amravati, 10. Ambala, 11. Aurangabad, 12. Bangalore, 13. Bareilly, 14. Beawar, 15. Belgaum, 16. Bhayander, 17. Bhilai, 18. Bhilwara, 19. Bhopal, 20. Bhubaneswar, 21. Bikaner, 22. Bilaspur, 23. Calicut, 24. Chandigarh, 25. Chennai, 26. Chittorgarh, 27. Coimbatore, 28. Dehradun, 29. Delhi (East), 30. Delhi (North), 31. Delhi (South), 32. Delhi (West), 33. Dhanbad, 34. Ernakulam, 35. Faridabad, 36. Gandhinagar, 37. Ghaziabad, 38. Gorakhpur, 39. Guntur-Amaravati, 40. Gurgaon, 41. Guwahati, 42. Gwalior, 43. Hisar, 44. Hooghly, 45. Howrah, 46. Hubli-Dharwad, 47. Hyderabad, 48. Indore, 49. Jabalpur, 50. Jalgaon, 51. Jamnagar, 52. Jaipur, 53. Jalandhar, 54. Jammu, 55. Jamshedpur, 56. Jhansi, 57. Jhunjhunu 58. Jodhpur, 59. Kanpur, 60. Kolhapur, 61. Kolkata (North), 62. Kolkata (South), 63. Kota, 64. Kottayam, 65. Lucknow, 66. Ludhiana, 67. Madurai, 68. Mangalore, 69. Meerut, 70. Moradabad, 71. Mumbai Borivili, 72. Mumbai Central, 73. Mumbai Chembur, 74. Mumbai Fort, 75. Mumbai Ghatkopar, 76. Mumbai Kandivli, 77. Mumbai Malad, 78. Mumbai Mulund, 79. Mumbai Vile Parle East, 80. Mumbai Vile Parle West, 81. Muzaffarnagar, 82. Mysore, 83. Nagpur, 84. Nashik, 85. Navi Mumbai, 86. Noida, 87. Palakkad, 88. Pali, 89. Panaji, 90. Panipat, 91. Patna, 92. Pimpri-Chinchwad, 93. Puducherry, 94. Pune Karve Road, 95. Pune Kondhwa, 96. Pune Kothrud, 97. Pune Narhe, 98. Pune Parvati, 99. Raipur, 100. Rajkot, 101. Ranchi, 102. Rourkela, 103. Sagar, 104. Salem, 105. Sambalpur, 106. Satara, 107. Shimla, 108. Sikar, 109. Siliguri, 110. Solapur 111.Sonepat, 112. Srinagar, 113. Surat, 114. Thane Dombivli West 115. Thane Ulhas Nagar, 116. Thane West, 117. Thiruvananthapuram, 118.Thrissur, 119. Tiruchirapalli, 120. Udaipur, 121. Ujjain, 122. Vadodara, 123. Varanasi, 124. Vijayawada, 125. Visakhapatnam, 126. Yamuna Nagar and 127. Overseas Centre — Dubai.


7. TIME-TABLE FOR DECEMBER, 2018 EXAMINATIONS


8. WARNING AGAINST UNFAIR MEANS – JUNE, 2018 EXAMINATION

LIST - II

While considering matters concerning conduct of Institute’s June, 2018 Examinations, the Examination Committee of the Council of the Institute found the following examinee guilty of adopting of unfair means :

Sl No.

Roll Number Student Registration Number

Stage of Examination

1 392161 440454208/06/2016 Executive Programme

Accordingly, the Committee – (a) cancelled the results of the candidate in respect of the appearance in June, 2018 examination; and (b) debarred the candidate from appearing in the next two sessions of examination. i.e. December, 2018 and June, 2019.

The Committee further observed that such an unbecoming behaviour was not befitting the aspirants intending to join the profession of ‘Company Secretaryship’ and, therefore, any such attempt to indulge in unfair practice by the examinees shall be viewed seriously.

Sd/- (Ashok Kumar Dixit)

Officiating Secretary, the ICSI

***


Attention Students !!

CORPORATE COMPLIANCE EXECUTIVE CERTIFICATE FOR STUDENTS

The Institute launched the ‘Corporate Compliance Executive Certificate’ in terms of Chapter IVA (Regulation 28A & 28B) of the Company Secretaries Regulations, 1982 on 4th October, 2013.

ELIGIBILITY FOR AWARD OF CORPORATE COMPLIANCE EXECUTIVE CERTIFICATE

A person who –

— is currently registered as a student of the Company Secretaryship course of the Institute;

— has completed at least one group of the Intermediate/Executive Programme Examination of the Company Secretaryship Course, and

— has completed a training of Six months under Regulation 28A of the Company Secretaries Regulations, 1982, which may include skill oriented practical/class room training for two weeks.

PROCEDURE

An eligible student may apply for award of Corporate Compliance Executive Certificate by submitting an application in specified format (available on the website of the Institute www.icsi.edu), after making payment of a fee of Rs. 2000 (two thousand only), either in cash (at counters of the Institute across the county) or by way of Demand Draft in favour of ‘The Institute of Company Secretaries of India’ payable at New Delhi.

STATUS OF HOLDER OF CORPORATE COMPLIANCE EXECUTIVE CERTIFICATE

— The student who is awarded Corporate Compliance Executive Certificate of the Institute shall be entitled to use the descriptive letters “Corporate Compliance Executive”.

— The grant of Certificate of Corporate Compliance Executive Certificate shall not confer on the Corporate Compliance Executive the rights of a member, nor entitle him to claim membership of the Institute.

VALIDITY OF CERTIFICATE

— The Corporate Compliance Executive certificate is valid for a period of three years (financial years) and is renewable on completion of four Programme Credit Hours (PCH) and payment of requisite fee as the Council may determine from time to time.

OTHER DETAILS

— The student shall have to complete the course of Corporate Compliance Executive Certificate including the training requirements within the registration period.

— The student having awarded the Corporate Compliance Executive Certificate may continue to pursue the regular Company Secretaryship course if he so desires.

— Except to the extent provided in this Chapter IVA (Regulations 28A & 28B) of the Company Secretaries Regulations, 1982 or as decided by the Council from time to time, regulations in Chapter IV and VI relating to ‘Registered Students’ and ‘Examinations’ shall mutatis-mutandis apply to the ‘Corporate Compliance Executive Certificate Course’.

— A student after having awarded the Corporate Compliance Executive Certificate shall secure four Programme Credit Hours (PCH) for renewal of Corporate Compliance Executive Certificate.

— There shall be no exemption from training.

Brochure and application form are available at CCEC section on website of the Institute www.icsi.edu. For queries please write at [email protected] or contact on phone number 0120-4082135.


Attention Students !!

LICENTIATE - ICSI

Regulation 29 & 30 under Chapter-V of the Company Secretaries Regulations, 1982 provides for Licentiate ICSI.

ELIGIBILITY FOR AWARD OF LICENTIATE ICSI

A person who –

- has completed the Final examination or Professional Programme examination conducted by the Institute may, within six months from the date of declaration of results in which he has passed the Final examination or Professional Programme examination can apply for enrollment as a licentiate

- the Council, however, may condone the delay in applying for licentiateship by any person for reasons to be recoded in writing.

PROCEDURE

An eligible student may apply for enrollment as Licentiate ICSI by submitting an application in prescribed form ST-8 alongwith annual subscription of Rs. 1000/- in cash (at counters of the Institute across the country) or by way of Demand Draft in favour of ‘The Institute of Company Secretaries of India’ payable at New Delhi along with copies of date of birth, professional programme pass certificate and graduation certificate/foundation pass certificate duly attested by any member of the Council/Regional Council/Satellite Chapter of the Institute or any Officer of the Institute.

STATUS OF LICENTIATES

- The person enrolled as a Licentiate of the Institute shall be entitled to use the descriptive letters “Licentiate ICSI” to indicate that he has qualified in the Final examination or Professional Programme examination of the Institute.

- The grant of licentiateship shall not confer on such licentiate any rights of a member nor entitle him to claim any form of membership of the Institute or its Regional Council or Chapter, as the case may be.

- The licentiate may be permitted to borrow books from the library of the Institute, Regional Council or Chapter or participate in the activities of the Institute, its Regional Council or Chapter as the case may be, subject to such conditions as may be imposed by the Council, Regional Council or Chapter, as the case may be.

VALIDITY OF CERTIFICATE

- A licentiate shall not ordinarily be eligible to renew his enrolment for more than five years after passing the Final Examination or Professional Programme examination.

OTHER DETAILS

- The Licentiate will be provided Chartered Secretary Journal of the Institute free of cost.

- The student enrolled as a Licentiate ICSI may apply for ACS Membership on attaining the eligibility for ACS by surrendering his Licentiateship.

- A Licentiate may apply in the prescribed form for exemption from training requirements (except MSOP) along with the requisite documents of work experience. eMSOP can be undergone through online mode by the eligible candidates for acquiring ACS Membership.

- The annual licentiate subscription becomes due and payable on the first date of April every year and non-payment of annual subscription on or before the thirtieth of June of a year shall disentitle the person to use the descriptive letters “Licentiate ICSI” from 1st July of that year, until his annual subscription for the year is received by the Institute.

- The name of the person so disentitled shall be published in the Journal.

For queries, please write at [email protected] or contact on phone number 0120-4082136.


News from Region

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MOCK TEST




EIRC



***


© The Institute of Company Secretaries of India.

All rights reserved. No part of this Bulletin 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.

Disclaimer :

Although due care and diligence have been taken in preparation and uploading this E-bulletin, the Institute shall not be responsible for any loss or damage, resulting from any action taken on the basis of the contents of this e-bulletin. Any one wishing to act on the basis of the material contained herein should do so after cross checking with the original source.

Editorial Team Sonia Baijal, Director

Alka Arora, Joint Director

Akansha Gupta, Executive (Academics)

Directorate of Professional Development, Perspective Planning and Studies

For views/suggestions/feedback please write to : [email protected]
