ICSI, the Institute of Company Secretaries of India, celebrates a momentous achievement as the practice side of the profession completes 35 years of recognition. This press release highlights ICSI’s dedication to developing future-ready global professionals and its commitment to establishing good corporate governance worldwide. Discover the institute’s efforts in pursuing international accreditation and shaping the professionals of tomorrow.
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Recognition and Responsibilities of Practising Company Secretaries
In the year 1988, Practising Company Secretaries (PCS) were authorized to certify Annual Returns under the Companies Act 1956. Since then, Company Secretaries in Practice have shouldered significant responsibilities and received multiple recognitions under various acts. ICSI’s relentless efforts have played a vital role in gaining recognition for the profession both nationally and internationally.
ICSI’s Mission: Developing Skilled Professionals and Promoting Corporate Governance
As a statutory body responsible for regulating and developing the profession of Company Secretary (CS) in India, ICSI aligns its aspirations with its mission and vision. The institute focuses on nurturing skilled professionals who can guide businesses towards sustainability while ensuring compliance. Additionally, ICSI actively promotes good corporate governance globally.
ICSI’s Global Journey and Secretarial Standards
ICSI embarked on its global journey by collaborating with international governance bodies to strengthen governance frameworks worldwide. It has distinguished itself as the only Governance Institute to develop Secretarial Standards, which the Malaysian Association of Company Secretaries (MACS) adopted as benchmarks. Leveraging its inclusive role in global governance, ICSI aims to secure professional accreditation in countries where India is poised to sign bilateral agreements.
Upholding Values and Creating Global Professionals
At 55 years old, ICSI stands tall, instilling its members with the values encapsulated in its motto, “Satyam Vada Dharmam Chara” (Speak the truth and abide by the law). By adhering to these principles, ICSI strives to create global professionals who possess integrity, ethics, and a commitment to excellence.
Conclusion: The Institute of Company Secretaries of India (ICSI) celebrates 35 years of recognition for the practice side of the profession. With a focus on developing future-ready global professionals and promoting good corporate governance, ICSI has made remarkable strides. By pursuing international accreditation and upholding values, ICSI aims to shape professionals who contribute to a sustainable and compliant business environment. For further information, please refer to the contact details provided in this press release.
About ICSI: The Institute of Company Secretaries of India (ICSI) is a premier professional body established under the Company Secretaries Act, 1980. It operates under the jurisdiction of the Ministry of Corporate Affairs, Government of India. ICSI actively contributes to the education of Company Secretaries and sets high-quality standards for its members. With approximately 72,000 members and 2 lakh students, ICSI plays a proactive role in shaping the profession.
