The 312th Annual Meeting of the Institute of Company Secretaries of India (ICSI) held on October 8-9, 2024, saw several important decisions aimed at enhancing professional development and infrastructure. Key approvals included the establishment of a ‘Debating Society of ICSI’ to improve public speaking and critical thinking among students and members. The meeting also approved the adoption of the ‘Governance and Compliance Standard on Prevention, Prohibition, and Redressal of Sexual Harassment at Workplace.’ In terms of infrastructure, the council approved the supply of new IT infrastructure and the procurement of non-IT items for various ICSI Chapters. Amendments were made to the ICSI (Management and Development of Company Secretaries in Practice) Guidelines, including a cap on signing Annual Returns in Form MGT-7. Additionally, changes were made to the Chapter Management Guidelines, with some Chapters categorized as ‘Evolving Chapters’ and updates to the Classroom Teaching Guidelines to prevent conflicts of interest with private coaching centers. The meeting also saw the reallocation of districts within certain Chapters to improve operational efficiency.
******
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/ID/14/2024-25
Important Decisions taken in the 312th (Annual) Meeting of the Council held on 08th-09th October, 2024
1. Accorded approval for constitution of ‘Debating Society of ICSI’ for improving public speaking skills, fostering critical thinking Et promoting open dialogue prominently among the Students and Members of ICSI, implemented through CCGRTs, Regional Offices and Chapters.
2. Accorded approval for adoption and implementation of ICSI’s ‘Governance and Compliance Standard on Prevention, Prohibition and Redressal of Sexual Harassment at Workplace’, at the Headquarters, Regional Offices, CCGRTs and Chapters of the Institute.
3. Accorded approval for supply of new IT Infrastructure/ replacement of old IT Infrastructure, as the case may be, at one go for Chapters to meet their needs and enable them to work effectively.
4. Accorded approval for one-time procurement of various infrastructure related items (non-IT) to be provided to various Chapters to cater to their various current requirements.
5. Accorded approval for amendments in the ICSI (Management It Development of Company Secretaries in Practice) Guidelines, 2023, including fixing of ceiling on signing of Annual Return in Form MGT-7.
6. Accorded approval for amendments in the ICSI Chapter Management Guidelines, 2024 covering inter alia, the provisions relating to the categorization of Silver Grade Chapters to Evolving Chapters.
7. Accorded approval for amendments in the ICSI (Library and Reading Room) Guidelines – 2020 for setting up of Libraries and to improve the effectiveness of libraries across all offices of the Institute.
8. Accorded approval for amendments in the Classroom Teaching Guidelines, r.t. restrictions on the Members of the Central Council and Regional Councils to directly or indirectly associate with Private Coaching Centres running classes for the Company Secretary ship Course.
9. Approved the re-allocation of districts in certain Chapters of the Institute.
10. Accorded approval for categorization of certain Chapters as ‘Evolving Chapters’ under the ICSI Chapter Management Guidelines, 2024.
*******
