company secretaries

ICSI Auditing Standars For Professionals

CA, CS, CMA - ICSI has issued the first four Auditing Standards which are mandatorily applicable to the auditor on or after 1st April, 2020. The first three Standards will be applicable to all kinds of audit engagements and the fourth one will specifically be applicable for the Secretarial Audit under section 204 of the Companies Act, 2013....

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STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

CA, CS, CMA - STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […...

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Secretarial Audit: Recent Amendment

CA, CS, CMA - Section 204 of Companies Act, 2013 provides for Secretarial audit for bigger companies. It was hailed as an important step in improving corporate governance and ensure effectives compliances of the rules and regulations applicable on the company....

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New Regulations Including CSEET (CS Executive Entrance Test): FAQs

CA, CS, CMA - Q.1 Will the new admissions to Foundation Programme be discontinued after introduction of new regulations / CS Executive Entrance Test (CSEET)? Ans: Yes. New admissions to Foundation Programme will be discontinued after introduction of new regulations and the CSEET shall be introduced as a qualifying test for registration to Executive Pr...

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ICSI Allowed Multidisciplinary Firm opening by CS In Practice?

CA, CS, CMA - ICSI came with amendment Company Secretaries (Amendment) Regulations, 2020. Under this amendment it seems that, now a Practicing Member (COP Holder) of Institute of Company Secretaries of India (ICSI) can enter into partnership with Chartered Accountant, Cost and Works Accountants, Advocates etc....

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Guidance notes on ICSI auditing standards

CA, CS, CMA - GUIDANCE NOTES ON ICSI AUDITING STANDARDS ICSI Auditing Standards aims to support the Company Secretaries in developing auditing acumen, techniques and tools and inculcate best auditing practices while conducting the audit and promote standardisation and uniformity in the professional arena. The Institute of Company Secretaries of India h...

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Allow companies to consider Restricted Matters via video conferencing: ICSI

CA, CS, CMA - ICSI has made a request to MCA to allow participation of directors in a meeting through video conferencing or other audio visual means in which following Restricted matters can be discussed which are otherwise not allowed- a) the approval of the annual financial statements; (b) the approval of the Board’s report; (c) the approval of...

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ICSI representation on recent change in CS Appointment limit

CA, CS, CMA - This has reference to Ministry's Notification dated 3rd January, 2020 amending the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 thereby altering the limits for mandatory appointment of Whole-Time Company Secretaries from rupees 5 (five) crore to rupees 10 (ten) crore....

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ICSI Unique Document Identification Number (UDIN) Guidelines

CA, CS, CMA - ICSI Unique Document Identification Number (UDIN) Guidelines. (as approved by the Council in its 261st (Special) Meeting held on 27th June, 2019 at New Delhi and further amended by the Council in its 263rd Meeting held on 23rd September, 2019 at New Delhi) In exercise of the powers conferred by clause (1) of Part II […]...

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ICSI to Allot new unique code in case of change of state of practicing firms

CA, CS, CMA - Members of the Institute may note that as per the decision of the Council, a new Unique Code will be allotted to practising units in case there is a change in the place of the practice unit from one state to another....

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HC explains Liability of professionals acting as Non-executive directors

Rajendra Shah Vs State of Maharashtra & Anr. (Bombay High Court) - Practicing professionals are prohibited from acting as full time directors. They can only act as non-executive directors not performing administrative duties. Such persons cannot be prosecuted for offenses committed by the company. it will be a travesty of justice to prosecute all Directors if the o...

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Fees for certified copies sought under RTI cannot be charged under CS Act, 1980

ICSI Vs Paras Jain (Supreme Court of India) - Avenue for seeking certified copies as well as inspection is provided both in the Right to Information Act and in Company Secretaries Act, 1980. We are cognizant of the fact that guidelines of the appellant, framed by its statutory council, are to govern the modalities of its day-to­day concerns an...

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Working as Asst CS/ Management Trainee cannot be considered as equal to CS

Ritu Bhatia Vs Ministry Of Civil Supplies consumer Affairs & Public Distribution And Others (Supreme Court of India) - Working experience as an Assistant Company Secretary or a Management Trainee cannot be treated as equal to a Company Secretary so as to become eligible for the post of Company Secretary....

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CS held guilty of negligence in issue of Compliance Certificate

SFIO, MCA Vs. Mohammed Haroon Rasheed Aabid (Disciplinary Committee of ICSI) - Respondent has admitted to have not visited the office of the City group companies but has relied merely on the instructions of one Shri Kaiser Baig rather than verifying the records himself at the office of the company. ...

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Negligence in filing Form-32 by CS constitutes Misconduct: AA

Sital Prasad Swain Vs Disciplinary Committee (Authority For Advance Ruling) - Sital Prasad Swain Vs Disciplinary Committee (Appellate Authority) It is pained to note that none of the parties filed the original minute books or the resolution passed which are the subject matter relevant to the filing of two forms i.e. Form-32 filed for the appointment of Shri Bishender Singh as...

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Company Secretaries (Amendment) Regulations, 2020

Notification No. No. 710/1 (M)/1 - (03/02/2020) - 1. (1) These Regulations may be called the Company Secretaries (Amendment) Regulations, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

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Amended requirement of Appointing CS & Secretarial Audit Report

MCA Notification dated January 3, 2020 w.r.t. amendment in requirement of Appointment of CS & Secretarial Audit Report - (06/01/2020) - Ministry of Corporate Affairs (MCA) had vide notification dated January 03, 2020 notified Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 and amended the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Following are the glimpse of ...

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Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020

Notification No. G.S.R. 13(E) [F. No. 01/05/2013-CL-V-Pt-I] - (03/01/2020) - Brief provision of applicability of Secretarial Audit Report with amendment in rules vide Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 The applicability of the Secretarial Audit is on the bigger Companies as per the Section 204(1) of the Companies Act, 201...

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Draft Company Secretaries (Amendment) Regulations, 2019

Notification No. 710/1(M)/1 - (06/08/2019) - The following draft of certain regulations, further to amend the Company Secretaries Regulations, 1982 which the Council of the Institute of Company Secretaries of India proposes to make, in exercise of the powers conferred by sub-section (1) of section 39 of the Company Secretaries Act, 1980 (56 of...

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80 Vacancy with MCA for CA, CS and CMA

No3A-45011/15/2018-Admn.1 - (11/07/2018) - Ministry proposes to engage a total number of 80 Young Professionals (41 Chartered Accountants/Cost Accountants and 39 Company Secretaries) at different places as indicated at enclosed Annexure....

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Recent Posts in "company secretaries"

Guidance notes on ICSI auditing standards

GUIDANCE NOTES ON ICSI AUDITING STANDARDS ICSI Auditing Standards aims to support the Company Secretaries in developing auditing acumen, techniques and tools and inculcate best auditing practices while conducting the audit and promote standardisation and uniformity in the professional arena. The Institute of Company Secretaries of India h...

Read More
Posted Under: Company Law |

ICSI Auditing Standars For Professionals

ICSI has issued the first four Auditing Standards which are mandatorily applicable to the auditor on or after 1st April, 2020. The first three Standards will be applicable to all kinds of audit engagements and the fourth one will specifically be applicable for the Secretarial Audit under section 204 of the Companies Act, 2013....

Read More
Posted Under: Company Law |

Allow companies to consider Restricted Matters via video conferencing: ICSI

ICSI has made a request to MCA to allow participation of directors in a meeting through video conferencing or other audio visual means in which following Restricted matters can be discussed which are otherwise not allowed- a) the approval of the annual financial statements; (b) the approval of the Board’s report; (c) the approval of...

Read More
Posted Under: Company Law |

STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […...

Read More
Posted Under: Company Law |

Secretarial Audit: Recent Amendment

Section 204 of Companies Act, 2013 provides for Secretarial audit for bigger companies. It was hailed as an important step in improving corporate governance and ensure effectives compliances of the rules and regulations applicable on the company....

Read More
Posted Under: Company Law |

New Regulations Including CSEET (CS Executive Entrance Test): FAQs

Q.1 Will the new admissions to Foundation Programme be discontinued after introduction of new regulations / CS Executive Entrance Test (CSEET)? Ans: Yes. New admissions to Foundation Programme will be discontinued after introduction of new regulations and the CSEET shall be introduced as a qualifying test for registration to Executive Pr...

Read More
Posted Under: Company Law |

ICSI Allowed Multidisciplinary Firm opening by CS In Practice?

ICSI came with amendment Company Secretaries (Amendment) Regulations, 2020. Under this amendment it seems that, now a Practicing Member (COP Holder) of Institute of Company Secretaries of India (ICSI) can enter into partnership with Chartered Accountant, Cost and Works Accountants, Advocates etc....

Read More
Posted Under: Company Law |

Company Secretaries (Amendment) Regulations, 2020

Notification No. No. 710/1 (M)/1 (03/02/2020)

1. (1) These Regulations may be called the Company Secretaries (Amendment) Regulations, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

Read More

ICSI Guidelines on Advertisement by Company Secretary- Analysis

Institute of Company Secretaries of India has revised Guidelines for Advertisement by Company Secretary. These guidelines includes details of permitted and restricted advertisements. Guidelines for Websites of Professionals. *Most Imp: The Company Secretary or a firm of Company Secretaries shall not list his/her service(s) on any aggregat...

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Posted Under: Company Law |

Role of Company Secretary in Hotel Industry

Often the role of a Company Secretary is substituted with compliances and hence this write up is a small effort to compile the compliances which a hotel industry is bound to adhere with respect to a role of a cs. Having worked with this sector as a whole time company secretary, I have tried to […]...

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Posted Under: Company Law |

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