In a Press Release the Institute has made it clear that Graduates seeking admission till 31st August, 2012 will be eligible for Examination in June 2013. B.A / B.Sc / B.Com/ Graduates of any discipline (excluding Fine Arts) can pursue the CS EXECUTIVE PROGRAMME conducted by the Institute of Company Secretaries of India (ICSI). CS Helpline is available on Telephone No. 011 – 41504444, 45341076 & 45341077 (Delhi).

The Annual Membership fee and Certificate of Practice fee for the year 2012-13 became due for payment w.e.f. 1st April, 2012. The last date for payment of annual membership fee was 30th June, 2012 which has now been extended upto 31st August, 2012. Members who are yet to pay the fees are requested to pay the fee so as to reach the Institute latest by 31st August, 2012. The last date for payment of Certificate of practice fee is 30th September, 2012.

We are pleased to inform you that the Government of Delhi has notified Delhi Value Added Tax (Second Amendment) Act, 2012 vide Notification No. F.14 (6)/LA-2012/cons2law/61 dated 15th June 2012 amending Section 82(1)(b)to include the Practising Company Secretaries to appear before the Delhi VAT authorities. By this amendment, Company Secretaries may directly attend before any authority in connection with any proceedings under Delhi Value Added Tax Act.

Ministry of Corporate Affairs (MCA) has come out with an Exposure Draft on XBRL taxonomy for Commercial and Industrial (C&I) entities for filing their Balance Sheet and Profit and Loss Account for the financial year 2011-12 based on Revised Schedule VI.

The Institute is pleased to announce opening of five new Examination Centres at Alwar (Rajasthan) Gorakhpur (U.P.), Jallandhar (Punjab), Hooghly (West Bengal) and Howrah (West Bengal), for conduct of ‘Company Secretaries’ examinations, on an experimental basis beginning from December, 2012 examination onwards.

REVISION IN PAYMENT OF FEES – The Institute announces the revision in payment of following fees effective from June, 2012 session of examination : Fee for Verification of Marks under Regulation 46(2) of the Company Secretaries Regulations, 1982 -Rs.250 per paper

The Council in its 208th meeting held on 8th and 9th June, 2012 had decided that henceforth the Post Membership Qualification (PMQ) Examination in ‘Corporate Governance” will be held only once in a year in the month of June.

. An existing CS firm desirous to convert itself into LLP shall be required to follow the provisions of Chapter-X of the Limited Liability Partnership Act, 2008 read with Second Schedule to the said Act containing provisions of conversion from existing firms into Limited Liability Partnership (LLP) as well as provisions of the Company Secretaries Act, 1980.

Client Information as well as due diligence on clients has become a necessity for professionals in today’s complex business scenario. Such an exercise can be made possible in a structured way. Many professional bodies today advise their members to have KYC about their clients so that professionals can freely exercise and deliver their professional services in the best suited way.

The Company Secretaries (Amendment) Regulations, 2012 (Published in the Gazette of India Extraordinary, Part III, Section 4 Dated June 04, 12 vide Notification No. 710/1(M)/2 dated 04.06.12)