What are the functions of ICSI?

What are the functions of ICSI?

The ICSI is a premier national professional body established under an Act of Parliament, namely the Company Secretaries Act, 1980. Functions under the administrative control of Ministry of Corporate Affairs, Government of India. Has been set up to develop and regulate the profession of Company Secretaries.

What sort of training would be suitable for a company secretary?

Eligibility Criteria for Company Secretary (CS) After Graduation: Candidates interested in pursuing a Company Secretary course after graduation can enrol right away for the Executive Program and then continue to the Professional Program after completing a bachelor’s degree in any discipline other than fine arts.

How many practicing company secretaries are there in India?

We wish to submit that as on 1st July 2019, ICSI has 58,690 Company Secretaries on its register out of which only 10,644 are in practice. Accordingly, sufficient numbers of Company Secretaries are available to serve the Corporate India.

What is the vision of the Institute of Company Secretaries of India?

The ICSI works with a vision of becoming a global leader in promoting good corporate governance. The mission of the Institute of company secretaries of India is to develop qualified professionals with high calibre to ensure good corporate governance.

What is main work of CS in company?

A Company Secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented. Despite the name, the role is not clerical or secretarial.

What is the motto of ICSI?

To mark the beginning of golden jubilee celebrations of ICSI and on crossing 50,000th membership mark, The Institute of Company Secretaries of India (ICSI) formally adopts the “Satyam Vada, Dharmam Chara —Speak the Truth, abide by the law” as ‘ICSI Motto’ .

What skills are required for company secretary?

Skills such as communication, organization, legal and financial skills can help perform their role effectively….

  • Attention to detail.
  • Excellent organization skills.
  • Consultancy skills.
  • Note-taking and typing.
  • Knowledge of legalities.
  • Skills for financial analysis.
  • Critical thinking skills.
  • Customer servicing skills.

What is the essential quality of a company secretary?

A company secretary requires particular information on secretarial practice to deal with notice, agenda, declaration, minutes of a meeting. He must know about office association for communication. A company secretary must have adequate knowledge of the Companies Act, Industrial & Commercial law.

How much a practicing CS can earn?

Average Own Practice Practicing Company Secretary salary in India is ₹ 4.1 Lakhs per year for employees with less than 1 year of experience to 10 years. Practicing Company Secretary salary at Own Practice ranges between ₹ 3 Lakhs to ₹ 8 Lakhs per year.

Can a company secretary practice law?

While, both the professional are work on more or less same field, technically, you cannot practice CS and Law both at a same time. However, a CS can do work of Lawyer and Lawyer can do work of CS in general.

What are the core values of ICSI?

The ICSI identifies for itself and its members the following core values:

  • Integrity.
  • Ethics.
  • Reliability.
  • Ownership.
  • Being ‘stakeholder-centric’

What is motto of ICSI?

सत्यंवद। घर्मंचर। – Speak the Truth, Abide by the Law.