Introduction to Institute

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Introduction to Institute
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Historical Background Company secretary
course

• As a Separate Section in ROC Office
• Qualification was known as GDCS earlier now
  known as ACS
• 4th October 1968 by Companies Act 1956 Institute
  was formed as a Private Limited company Section
  25 Company ( Non Profit)

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• On 1st January 1981
• The Institute became a statutory body by
  Companies Secretaries Act 1980
• The Institute works under the Ministry of
  Corporate Affairs , Government Of India

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• Company Secretaries Regulations 1969 included
  criteria for admission to ACS and FCS
• Compulsory appointment of qualified Company
  Secretary - by Companies ( Secretaries
  Qualification ) Rules 1975
• In 1971 four Regional Councils were formed

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Structure of Institute

• Head Office
• Regional Councils/Offices
• Chapters

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structure of Institute at Head Office

• President
• Vice President
• Council Members
• Secretary CEO
• Various Departments (Directorates)

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Important Committees at HO

• Executive
• Professional Development
• Training Education Facilities
• Practising Company Secretaries
• Examination
• Information Technology
• Research
• Disciplinary

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Various Departments at HO

• Studies Research
• Examination
• Student Services
• Training Membership
• Information Technology
• Public Relation
• Accounts Finance
• Administration HRD
• Centre for Corporate Governance Research
  Training (CCGRT) in 1999

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Regional Councils 4

• Northern- Delhi
• Eastern- Kolkata
• Southern - Chennai
• Western - Mumbai

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Structure of Regional councils / chapters

• Chairman
• Vice Chairman
• Secretary
• Treasurer
• Regional Council Members
• Officers Staff ( Regional Office/Chapter Office
  )

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Various Committees at Regional Council

• Executive
• Training Educational Facilities
• Professional Development
• Accounts Finance
• Practising companies Secretaries
• Placement
• Research Publication
• Public Relation , Library Building Renovation
• Information Technology

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Key functions of Company Secretary

• Expert in Company , Corporate Securities Laws
• Vital Link between Board of Directors,
  Shareholders, Government Regulation
  Authorities
• Compliance Officer

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training requirements for students

• SIP Student Induction Programme
• Computer Training
• EDP /PDP Executive/ Professional Development
  Programme
• MT/AT Management Training /

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• Apprenticeship Training
• SMTP / MSOP Secretarial Modular Training
  Programme / Management Skills Orientation
  Programme ROC/Stock exchange training
• Exemption from training On the basis of
  Experience as per chapter on training regulations
  .

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Employment prospects

• Companies having worth paid up capital of 5 crore
  should have Company Secretary ,compulsorily
• Central Company Law Services
• Other senior position in Government/Statutory
  bodies
• Companies listed on Stock Exchange are required
  to appoint a CS

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Self employment /Practise

• Independent practise as Company Secretary as
  whole time basis
• Company having paid up capital of Rs 10 lakh but
  less then 5 crore required to engage practising
  CS for issue of compliant certificate

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Academic pursuits

• Many universities / institutions recognize CS
  qualification for enrolling PhD / fellowship
  programmes in law management and commerce
  faculties .
• Appointment of Lecturers
• PMQ ( Post membership qualification ) course of
  the Institute

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Coaching requirements

• One response sheet to be submitted for each
  subject OR Coaching Classes.
• E- Learning
• Web Based Training.
• Video Based Training.
• Live Virtual Classroom.

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Cut off dates

• Filling of exam form / with late fees
• Submission of response sheets

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Student activities

• Oral coaching classes through
• Regional Offices
• Chapter Offices
• Public Private Partnership Models
• Postal coaching
• Submission of response sheet by students.
• Students Programs
• Attend programs Conference/Seminars/Lecture
  Meetings and Events organized by Regional
  /Chapter offices

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Relationship with other institutions

• With ICWAI Mutual exemptions
• Arrangement with IGNOU for B. Com /M. Com courses
  by Passing four Papers each.
• Institute of Banking Finance

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Secretarial standards

• For Various -
• Company Secretarial Functions
• Meetings
• Dividends
• Minutes Resolution
• Register And Records
• Shares Debentures
• for Effective Corporate Standardized Management
  Practices .

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Corporate governance

• Protecting shareholders Wealth
• Enhancing Wealth through proper utilization of
  assets
• Maintenance of wealth
• Safe guarding interest of shareholders and
  other stake holders

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Students publications

• Apart from study material
• Student Company Secretary Bulletin
• Guideline answers
• Suggested answers
• Chartered Secretary
• Regional Office/ Chapter Bulletins

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