Introduction: The Institute of Company Secretaries of India (ICSI) has issued a crucial announcement regarding the extension of the Compulsory Switchover to the New Training Structure. In this article, we will delve into the details of this significant development and its implications.
Detailed Analysis:
1. Background: The initial announcement on March 23, 2023, granted a final opportunity for students under Earlier/Modified Training Structures to complete their remaining training parts. The compulsory switchover to the new training structure was initially set for July 1, 2023, with an extension until December 31, 2023, as per the announcement on July 3, 2023.
2. New Extension: The recent decision by ICSI extends the deadline for the compulsory switchover for an additional three months, until March 31, 2024. This provides a last and final opportunity for students under Earlier/Modified Training Structures to fulfill their remaining training requirements.
3. Clarifications: Students who have been unable to complete the short-term trainings under the earlier or modified training structures can now do so until March 31, 2024. The article emphasizes the importance of adhering to this extended deadline.
4. Effective Date: As of April 1, 2024, the Compulsory Switchover to the new training structure (2020) will be fully effective. This implies that students must ensure their compliance with the updated training structure to avoid any disruptions in their educational journey.
5. Contact Information: For further clarification or queries, students are encouraged to reach out to the Institute via email at [email protected]. This ensures that all concerns are addressed promptly and accurately.
Conclusion: In conclusion, the Institute of Company Secretaries of India’s decision to extend the Compulsory Switchover to the New Training Structure reflects a commitment to supporting students in their educational journey. The additional three-month extension until March 31, 2024, serves as a final opportunity for students to align with the new training requirements. It is crucial for all concerned parties to take note of this announcement and ensure compliance to avoid any disruptions in their professional development. For further details and clarifications, students can reach out to the provided contact email.
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Institute of Company Secretaries of India
Important Announcement
Subject: Further Extension of Compulsory Switchover to New Training Structure for a period of 3 months i.e. upto 31st March, 2024.
This has reference to the Institute’s announcement dated 23rd March, 2023 wherein, the final opportunity was given to the students under Earlier/ Modified Training Structures to complete their remaining parts of training and introduction of Compulsory Switchover to the New Training Structure w.e.f. 1st July, 2023 and further announcement dated 3rd July, 2023 for further extension given upto 31st December, 2023.
The Institute has decided to give last and final opportunity to the students under Earlier/ Modified Training Structures to complete their remaining parts of the training before 31st March, 2024. It is clarified that the students who are unable to complete the requirement of short term trainings under earlier/modified training structure so far, may complete their remaining trainings upto 31st March, 2024.
Hence, the Compulsory Switchover to the new training structure (2020) will be effective from 1st April, 2024.
For any further clarification, student may write to [email protected]
All concerned may take note of the same.
D V N S Sarma
Director (Training)