CS Company secretary
A company secretary is a senior position in a private sector company or public sector organization
The role of the company secretary is now considered a senior position equal to a managerial position or above Company secretary are the company’s named representative on legal documents and it is there responsibility to ensure that the company and its directors operate within the law
Company secretary in all sectors have high level responsibilities including shareholders and trustee meetings, management of employee benefits, reports and circulars, risk management.
Company secretary are employed as chairs, chief executives and non-executive directors, as well as executives and company secretary.
Company secretary are the sixth highest paid employees in UK (survey in March 2010)
In India every listed company and other class of companies (i.e., non listed public companies with share capital of 50 million and private companies with share capital of 50 million) are required to have a qualified company secretary under section 203 of the Companies Act, 2013
The Institute of Company Secretaries of India (ICSI) is a statutory professional body in India with the objective of promoting, regulating and developing the profession of company secretaries in India. It is headquartered in New Delhi, has four regional offices at New Delhi, Chennai, Kolkata and Mumbai and has 69 chapters around the country.
Stages to become a Company Secretaries
The students who would like to join the course after 10 +2 or equivalent has to undergo three stages to pursue the Company Secretaries Course i.e.
The students who would like to join the course after passing the graduation has to undergo two stages of the Company Secretaryship i.e.
Examination are held twice in a year in June and December
Cut off dates for admission to CS course
For Foundation Programme – 31st March for appearing in December Examination in the same year and 30th September for appearing for june Examination next year
For Executive Programme – 28th February for appearing in both modules in December Exams in the same year, 31st May for appearing in single module in December Examination in the same year, 31st August for appearing in both module in June Exam in the next year and 30th November for appearing in single module in June Examination in the next year’
Subjects for CS course.
Foundation Paper (4 papers) – Business Environment and Law
Business Management, Ethics and Entrepreneurship
Fundamentals of Accounting and Auditing
Executive Programme ( 8 papers )
Module 1 ( 4 papers ) – Jurisprudence, Interpretation and General laws
Setting up of Business Entities and Closure
Module 2 ( 4 papers) – Corporate and Management Accounting
Securities Laws and Capital Markets
Economic, Business and Commercial Laws
Financial and Strategic Management
Module 1 – Governance, Risk Management, Compliances and Ethics
Advanced Tax Laws
Drafting, Pleadings and Appearances
Module 2 – Secretarial Audit
Resolution of Corporate Disputes
Module 3 – Corporate Funding and Listings in Stock Exchanges
Multidisciplinary Case Studies
Paper 9 Electives 1 out of below 8 subjects ( the examination for this paper will be open book examination)
1) Banking law and practice
2) Insurance law and practice
3) Intellectual property rights – laws and practices
4) Forensic audit
5) Direct tax law and practice
6) Labour laws and practice
7) Valuations and business modeling
8) Insolvency – law and practice
A candidate is declared to have passed the Foundation / Executive / Professional examination, if he/she secures at one sitting a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.
Modified training program
The modified training structure shall be applicable to:-
(i) a student registered to the Executive Programme on or after 1st April 2014; and
(ii) a student registered to the Executive Programme on or before 31st March 2014, if (s)he opts for the modified training structure in lieu of the earlier structure.
The brief details of the earlier training structure and the modified training structure is as under:
Components of Training Earlier Training Structure Modified Training Structure
Computer Training Seventy hours Not Applicable
Student Induction Programme Seven days Not Applicable
Executive Development Programme Eight days Not Applicable
Long Terms Internship with specified entities Fifteen months (After passing Executive Programme) Three years on registration to Executive Programme; or
Two years after passing the Executive Programme; or
One year after passing the Professional Programme.
Professional Development Programme Twenty-five hours Not Applicable
Training with specialised agency Fifteen days Not Applicable
Management Skills Orientation Programme Fifteen days Fifteen days
CS Company secretary