Summary: The Institute of Company Secretaries of India (ICSI), through a representation dated 5 November 2026 addressed to Dr. Pallavi Jain Govil, Secretary, Ministry of Corporate Affairs (MCA), has requested the Central Government to expedite consultations with the Government of Sikkim regarding the feasibility of implementing the Companies Act, 2013 in the State. The representation, signed by ICSI President CS Pawan G. Chandak, highlights that the Sikkim Registration of Companies Act, 1961 continues to govern company registration and regulation in Sikkim through the State’s institutional framework, including its Registrar of Companies. While acknowledging Sikkim’s distinctive historical and constitutional circumstances, ICSI has emphasised the importance of progressively harmonising the State’s corporate regulatory framework with the national company law regime. The Institute has requested examination of the legal requirements, administrative modalities, appropriate regulatory mechanisms and transitional arrangements necessary for extending the Companies Act, 2013 to Sikkim. It has further highlighted the State’s economic potential in organic agriculture, tourism, green industries, manufacturing and services, observing that a transparent and predictable corporate regulatory framework could encourage entrepreneurship, private investment, professional development and employment generation. ICSI has offered professional and institutional assistance to the Ministry and requested priority consideration of the matter, subject to the requisite legal and constitutional considerations. The representation proposes examination and implementation measures; it does not itself change the existing legal position.
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
Reference No.: ICSI: G&CL: MCA: NOV:02/2026
Date: November 05, 2026
Dr. Pallavi Jain Govil
Secretary
Ministry of Corporate Affairs
Government of India
New Delhi
Respected Madam,
Subject: Representation for examining the feasibility of implementation of the Companies Act, 2013 in the State of Sikkim
Greetings from the Institute of Company Secretaries of India!
At the outset the ICSI sincerely appreciates the continued efforts of the Ministry of Corporate Affairs in engaging and coordinating with the Government of Sikkim towards the implementation of the Companies Act, 2013 in the State.
As understood, the Sikkim Registration of Companies Act, 1961 continues to govern the registration and regulation of companies in the State, with corporate regulatory and administrative functions being undertaken through the State’s own institutional framework, including the office of the Registrar of Companies, rather than through the regular regulatory framework administered by the Ministry of Corporate Affairs. While the distinctive historical and constitutional circumstances of Sikkim merit due consideration, the evolving business and economic environment underscores the need to progressively align the State’s corporate regulatory framework with the Companies Act, 2013 which provides for business ease, suitable corporate eco system.
Submission
In this regard, the ICSI respectfully submits that the Ministry may further expedite its consultations and discussions with the Government of Sikkim and take the matter forward towards the implementation of the Companies Act, 2013 in the State. The feasibility, legal requirements and administrative modalities for extending the applicability of the Act including the establishment of an appropriate regulatory mechanism and a suitable transitional framework, may kindly be examined on priority in consultation with the Government.
Justification
Sikkim holds considerable potential for sustainable economic development and private sector participation in sectors such as organic agriculture, tourism, green industries, manufacturing and services. A transparent, predictable and harmonised corporate regulatory environment would facilitate entrepreneurship, attract investments and enable businesses in the State to integrate more effectively with the national economy.
The ICSI firmly believes that the timely implementation of the Companies Act, 2013 in Sikkim would strengthen the corporate ecosystem of the State while creating an enabling environment for entrepreneurship, investment, professional development and employment generation. The Institute would be pleased to extend its professional and institutional support to the Ministry in taking this initiative forward.
In view of the above, the ICSI respectfully requests the Ministry to kindly expedite the ongoing consultation process with the Government of Sikkim and take appropriate steps towards the early implementation of the Companies Act, 2013 in the State, subject to the requisite legal and constitutional considerations.
We shall be grateful for your kind consideration and necessary intervention in this matter.
Thanking you,
Yours faithfully,
(CS Pawan G Chandak)
President
The Institute of Company Secretaries of India
