THE INSTITUTE OF
Company Secretaries of India
IN PURSUIT OF PROFESSIONAL EXCELLENCE
Statutory body under an Act of Parliament
(Under the jurisdiction of Ministry of Corporate Affairs)
ICSI/Trg(Exemption)/2 022
08/03/2022
On the spot training exemption Drive
Dear Student,
All students who have completed their final/professional examination of the ICSI, but could not undergo practical training due to their job constraints and were therefore unable to become the Member of the Institute, can apply for exemption from practical training on the basis of their work experience provided that the applicant is eligible for granting exemption from training as per the requirement of the Company Secretaries Regulations, 1982, as amended. For details student can visit Institute’s website at https://www.icsi.edu/student/practical-training/
| The Institute in its constant endeavour to provide best of services to its stakeholders, is organizing on spot training exemption drive on Monday 14 March, 2022, in order to ease the exemption process | |
| Student can visit ICSI Noida office Time: 9.30 am to 12:30 pm
Date : Monday, 14 March, 2022 Venue: ICSI, C-36, Sec 62, Noida |
Student can connect through the link
Time: 01.30 pm to 04:30 pm Date : Monday, 14 March, 2022 Venue: Virtual connect: Meeting number: 2511 694 1905 Password: 1234 |
The ICSI sincerely hopes that exemption provisions will indeed simplify the training & certification process and will help in reaching out to aspiring Company Secretaries to be the Member of the Institute. All such eligible candidates deserves to get training exemption can visit the ICSI office or connect through virtual mode on the above schedule to get benefit of the on spot exemption to get further enrollment in e-MSOP or CLDP to obtain their membership. Please refer the Annexure A for document detail.
For further clarification if any, you may contact Ms. Priyanka Singh, Assistant Director, Training & Placement, ICSI on 0120-4082154 or email your query at priyanka.singh@icsi.edu
(A.K Srivastava)
Joint Secretary (Training & Student Services) ICSI
| Eligibility Criteria | Document Requirement |
| a) Three year’s of experience as an Executive/Officer/any other post higher thereto in the Secretarial Department or Four years’ experience as assistant in Secretarial Department in any company having a paid-up share capital not less than rupees Fifty Lacs or gross fixed assets of not less than rupees Two crore or Turnover not less than Rupees Ten Crore including any state/central Governmenf public sector undertaking, autonomous or statutory body, financial institution or bank which in the opinion of the Council provides scope for acquiring sufficient professional experience.
b) Three years’ experience as Secretarial Officer or Executive or any post equivalent; or Four years’ experience as an Assistant or any other post equivalent or higher thereto under a Company Secretary in whole time practice having at least Five years of experience as member in practice |
i. Fee Rs. 20,000/- towards application fees submitted online through https://stimulate.icsi.eduii. Experience certificate having designation, duration of service, pay scale, detail of work profile to assess the experience. The experience certificate should be signed by either the HR head or by the Authorized signatory of the company/firm as the case may be. The name and designation of the Authorized signatory need to be mentioned in the experience certificate.iii. Copy of Annual report of the organization for any two financial year between the service period served in the organization or Audited Balance sheet of the organization for any two financial year between the service period served in the organization or Balance sheet of the organization for any two financial year of the service period served in the organization downloaded from MCA site duly certified by the ROC.(Balance sheet is not applicable in case of Practicing Company Secretary and PCS firm)(Should be submitted online through https://stimulate.icsi.edu in Original and duly self-attested) (Should be uploaded in Original and duly self-attested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5 MB) |
| c) Five years’ post qualification work experience of continuous practice on a whole-time basis as a Chartered Accountant or Cost Accountant having carried out statutory/cost/Internal audit or providing management consultancy services to a Company having paid-up share capital not less than rupees Fifty lakhs or any organisation having gross fixed assets of not less than rupees two crore or Turnover not less than Rupees Ten Crore including any public sector undertaking, autonomous or statutory body, financial institute or bank which in the opinion of the Council provides scope for acquiring sufficient professional experience; |
i. Online payment of Fees of Rs.20,000/-.
ii. A Copy of Certificate of Practice (having five years’ experience of continuous practice ) as Chartered Accountant / Cost Accountant / Practicing Lawyer) iii. Experience certificate / Affirmation letter (along with copy of annual report) issued from at least two client companies who have engaged the applicant as carried out statutory/ cost/Internal audit or providing management consultancy services to a Company having paid-up share capital not less than rupees Fifty lakhs or any organisation having gross fixed assets of not less than rupees two crore or Turnover not less than Rupees Ten Crore including any public sector undertaking, autonomous or statutory body, financial institute or bank. iv. Copy of audit report of the two years in support of audits conducted in such companies or organizations, duly signed by the applicant confirming that he/she has conducted audit of such companies or organizations. (Documents should be uploaded in Original and duly self-attested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5 MB) |
| d) Five years’ post qualification work experience of continuous practice as an Advocate in a High Court, represented one case before the high court and having rendered services as Counsel/ Advisor to a Company having paid-up share capital of not less than rupees Fifty lakhs or any organisation having gross fixed assets of not less than rupees two crore or Turnover not less than Rupees Ten Crore including any public sector undertaking, autonomous or statutory body, financial institute or bank which in the opinion of the Council provides scope for acquiring sufficient professional experience; | i. Online payment of Fees of Rs.20,000/-.
ii. Document for enrolment as an Advocate and in support of his continuous practice of five years’ as an Advocate in a High Court / Certificate issued by Bar Council of India. iii. Experience certificate / Affirmation letter issued from at least two client companies, the applicant has represented one case before the high court and having rendered services as Counsel/Advisor to a Company having paid-up share capital of not less than rupees Fifty lakhs or any organisation having gross fixed assets of not less than rupees two crore or Turnover not less than Rupees Ten Crore including any public sector undertaking, autonomous or statutory body, financial institute or bank iv. Copy of audit report of the two years of companies or organizations, (Documents should be uploaded in Original and duly self-attested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5 MB) |
| e) Four years’ post qualification (Management, MBA or any other equivalent qualification) experience as an executive or Five years’ post qualification experience as an executive or six years’ experience as an assistant in the administration, accounts, finance, personnel or legal department or in any other area in any company or body corporate having paid-up share capital not less that rupees fifty lakhs or any organization having fixed assets of not less than rupees two crore or Turnover not less than Rupees Ten Crore Central/State Government, any Public Sector Undertaking, autonomous or statutory body, financial institution, banking or insurance company which in the opinion of the Council provides scope for acquiring sufficient professional experience; | i. Fee Rs. 20,000/- towards application fees submitted online through https://stimulate.icsi.edu
ii. Copy of certificate Management, MBA or any other equivalent qualification/ CA membership certificate/Cost Accountant Membership/ any Post Graduation qualification/ Graduation with any other professional degree/certificate/ diploma or Post-Graduation degree/diploma in Management, law, commerce and economics iii. Experience certificate having designation, duration of service, pay scale, detail of work profile to assess the experience. The experience certificate should be signed by either the HR head or by the Authorized signatory of the company/firm as the case may be. The name and designation of the Authorized signatory need to be mentioned in the experience certificate. iv. Copy of Annual report of the organization for any two financial year between the service period served in the organization or Audited Balance sheet of the organization for any two financial year between the service period served in the organization or Balance sheet of the organization for any two financial year of the service period served in the organization downloaded from MCA site duly certified by the ROC. (Documents should be uploaded in Original and duly self-attested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5 MB) |
| f) Five year’s of experience as an Executive/Officer/any other post higher thereto in the Secretarial Department or Six years’ experience as assistant in Secretarial Department in any LLP having a total capital contribution not less than rupees Fifty Lacs or annual turnover of Rupees twenty five crore or more during the two financial year of the service period. | i. Fee Rs. 20,000/- towards application fees submitted online through https://stimulate.icsi.edu
ii. Experience certificate having designation, duration of service, pay scale, detail of work profile to assess the experience. The experience certificate should be signed by either the HR head or by the Authorized signatory of the company/firm as the case may be. The name and designation of the Authorized signatory need to be mentioned in the experience certificate. iii. Copy of Annual report of the organization for any two financial year between the service period served in the organization or Audited Balance sheet of the organization for any two financial year between the service period served in the organization or Balance sheet of the organization for any two financial year of the service period served in the organization downloaded from MCA site duly certified by the ROC. 3.5 MB) |
| g) Five year post qualification experience as a regular faculty/Teacher in any university or college affiliated to any university recognized by UGC/AICTE/ Affiliated with recognized University, having taught at least one subject in the discipline of Law, Management or Finance & Accountancy, Corporate Governance or any other criteria as recommended by the Council. | i. Fee Rs. 20,000/- towards application fees submitted online through https://stimulate.icsi.edu
ii. Copy of any proof that university or college affiliated to any university recognized by UGC/AICTE/Affiliated with recognized University iii. Copy of any Post Graduation |
1. Experience certificate having designation, duration of service, pay scale, detail of work profile to assess the experience (Mentioning that taught at least one subject in the discipline of Law, Management or Finance & Accountancy, Corporate Governance). The experience certificate should be signed by either the HR head or by the Authorized signatory of the company/firm as the case may be. The name and designation of the Authorized signatory need to be mentioned in the experience certificate.
(Documents should be uploaded in Original and duly self-attested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5MB)
