ICSI

Introduction To Secretarial Compliance Report

Income Tax - SEBI vide its circular CIR/CFD/CMD1/27/2019 dated February 08, 2019 has specified Format for annual secretarial audit report and annual secretarial compliance report for equity listed entities and their material subsidiaries....

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Board Meeting under Companies Act, 2013 & ICSI Secretarial Standard

Income Tax - Board Meeting as per Companies Act, 2013 and Secretarial Standard issued by ICSI. The Board of Director of the Company is primarily an oversight Board. It oversees the management of the company to ensure that the interest of non-controlling shareholders is protected. 1. Frequency of Board Meeting: 1. First Board Meeting (BM) should be hel...

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CRUX ON SS-4 : Secretarial Standard on Report of Board of Directors

Income Tax - EFFECTIVE DATE  – Secretarial Standard 4 on Report of Board Of Directors shall come into effect from 1st October, 2018. This Standard is issued by the Council of the Institute of Company Secretaries of India and may be called the Secretarial Standard-4 (SS-4) on ‘Report of the Board of Directors’. The Secretarial Stand...

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All about Company Secretary (CS)

Income Tax - Company Secretary is a professional course conducted by Institute of Company Secretaries of India after passing course one can became professional deals in Corporate law. One can opt either to do job or its own practice or move abroad. A company secretary is a senior position in all listed Company and all other company having paid up [&...

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Scope for CS Under Intellectual Property Right (IPR) Law

Income Tax - INTRODUCTION Intellectual property (IP) pertains to any original creation of the human intellect such as artistic, literary, technical, or scientific creation. Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time. These legal rights...

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Result of CS Professional & Executive Programme Exam on 25.02.2019

Income Tax - The result of Company Secretaries Professional Programme and Executive Programme examinations held in December, 2018 is scheduled to be declared at 11.00 A.M. and 2.00 P.M. respectively on Monday, the 25th February, 2019 through the website of the Institute: www.icsi.edu...

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MCA extends last date of of filing initial return in MSME Form I: ICSI

Income Tax - THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament  21St February, 2019 Dear Professional Colleague Subject: Facilitation, Coordination and Knowledge Support by ICSI – Request for issuance of clarification for MSME Form I – Further update The Institute...

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MSME form filing Due date 21 February 2019 but form yet to release

Income Tax - ICSI submits representation to MCA as MCA yet to release form MSME-I while due date of furnishing the Form MSME-I is February 21, 2019. Kindly consider clarifying that MSME Form I will be deployed shortly and also that non-filing due to non-availability of this Form by February 21 would not result in non-compliance of the provisions of Co...

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ICSI President Welcomes Interim Budget 2019

Income Tax - ICSI applauds the Interim Budget 2019 presented by the Finance Minister Piyush Goyal focusing on state of economy, tax reforms and GST, unorganized sectors, assured income to farmers, developing infrastructure, real estate, rural health and sanitation and such many other areas....

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Guidance Note on Dividend by ICSI

Income Tax - GUIDANCE ON THE PROVISIONS OF SS-3 1. Ascertainment of amount available for payment/distribution as Dividend. 2. Declaration of Dividend 3. Entitlement to Dividend 4. Dividend in Abeyance 5. Payment of Dividend 6. Unpaid Dividend 7. Revocation of Dividend 8. Preservation of Dividend Cheques, Warrants and Dividend R...

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CS Guilty of Misconduct for suppressing Enrollment as Advocate

Shri Hitender Kumar Mehta Vs Shri Rajiv Bajaj (ICSI Discipilinar Committee) - Shri Hitender Kumar Mehta Vs Shri Rajiv Bajaj (ICSI Discipilinar Committee) The Disciplinary Committee, after considering all material on record, the provisions of the Company Secretaries Act, 1980, the Regulations and Rules made there under; the legal opinions sought in the matter, the prima-facie ...

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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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ICSI dismisses Misconduct allegations against Ex-President CS Makarand Lele 

Shri Vikas Yashwant Khare Vs Shri Makarand M Lele (Board of Discipline, ICSI) - Shri Vikas Yashwant Khare Vs Shri Makarand M Lele (Board of Discipline, ICSI) The Board of Discipline of the Institute of Company Secretaries of India ( ICSI ) has dismissed a complaint filed against the former President CS Makarand Lele alleging several misconduct charges. A complaint was lodged ag...

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Misconduct Allegations against CS not sustainable in absence of Evidence

Shri Nizar Mawani Vs Shri Ajay Moreshwar Antarkar (ICSI) - Shri Nizar Mawani Vs Shri Ajay Moreshwar Antarkar (ICSI Disciplinary Committee ) The Disciplinary Committee and after considering all the material on record and after considering all the facts and circumstance of the matter observed that the instant case has arisen out of an affidavit purportedly fi...

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Appellate Authority cannot review its own order under CS Act, 1980

Mr. Ashwani Khanna Vs. ICSI (Appellate Authority) - In view of our another Order dated 3rdFebruary, 2018 passed in an Appeal No. 10/ICSI/2015 namely Benny Methew vs. ICSI, we have already held that this Authority does not have the power to review its own Orders either expressly or by necessary implication....

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ICSI notifies elected Regional Council members of EIRC, SIRC, NIRC

Notification No. 4, 5 & 6 of 2018 - (31/12/2018) - Following members have been declared elected from EIRC, SIRC, NIRC (in the order elected) after the counting of votes held from 28th December, 2018 to 31st December, 2018...

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List of candidates elected to 13th Council of ICSI

Notification No. 3 of 2018 - (27/12/2018) - List of candidates elected to 13th Council of ICSI for Eastern India Regional Constituency (EIRC), Northern India Regional Constituency (NIRC), Southern India Regional Constituency (SIRC) and Western India Regional Constituency (WIRC). THE INSTITUTE OF COMPANY SECRETARIES OF INDIA NOTIFICATION New D...

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Experience of CS management training & Mere uploading of ROC Returns cannot be considered as experience in management: IBBI

(applicant) and a professional member of the ICSI Institute of Insolvency Professionals (ICSI IIP) submitted an application under regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 (IP Regulations) seeking a certificate of registration as an Ins...

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ICSI withdraws existing SS-1 and SS-2 w.e.f. 30th September, 2017, Revised SS-1 & to be introduced w.e.f. 01.10.2017

F. No. ICSI/6/2017 - (16/08/2017) - F. No. ICSI/6/2017.—The Notification ICSI No.1 (SS) of 2015 dated 23rd April, 2015, published in the Gazette of India, Part III, Section 4, with regard to (i) SS-1: Secretarial Standard on Meetings of the Board of Directors and (ii) SS-2: Secretarial Standard on General Meetings, stands withdrawn*...

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ICSI revises membership fee w.e.f. 1st April, 2017-Notification + FAQs

ICSI/05/May/2017 - (05/05/2017) - 1. The Council of the ICSI in its 236th meeting held on 29- 30th March, 2016 had revised various membership fee w.e.f. 1st April, 2017 as under-...

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Recent Posts in "ICSI"

CS Guilty of Misconduct for suppressing Enrollment as Advocate

Shri Hitender Kumar Mehta Vs Shri Rajiv Bajaj (ICSI Discipilinar Committee)

Shri Hitender Kumar Mehta Vs Shri Rajiv Bajaj (ICSI Discipilinar Committee) The Disciplinary Committee, after considering all material on record, the provisions of the Company Secretaries Act, 1980, the Regulations and Rules made there under; the legal opinions sought in the matter, the prima-facie opinion, Further Investigation Reports o...

Read More
Posted Under: Income Tax |

Result of CS Professional & Executive Programme Exam on 25.02.2019

The result of Company Secretaries Professional Programme and Executive Programme examinations held in December, 2018 is scheduled to be declared at 11.00 A.M. and 2.00 P.M. respectively on Monday, the 25th February, 2019 through the website of the Institute: www.icsi.edu...

Read More
Posted Under: Income Tax |

MCA extends last date of of filing initial return in MSME Form I: ICSI

THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament  21St February, 2019 Dear Professional Colleague Subject: Facilitation, Coordination and Knowledge Support by ICSI – Request for issuance of clarification for MSME Form I – Further update The Institute...

Read More
Posted Under: Income Tax |

MSME form filing Due date 21 February 2019 but form yet to release

ICSI submits representation to MCA as MCA yet to release form MSME-I while due date of furnishing the Form MSME-I is February 21, 2019. Kindly consider clarifying that MSME Form I will be deployed shortly and also that non-filing due to non-availability of this Form by February 21 would not result in non-compliance of the provisions of Co...

Read More
Posted Under: Income Tax |

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....

Read More

Introduction To Secretarial Compliance Report

SEBI vide its circular CIR/CFD/CMD1/27/2019 dated February 08, 2019 has specified Format for annual secretarial audit report and annual secretarial compliance report for equity listed entities and their material subsidiaries....

Read More
Posted Under: Income Tax |

ICSI dismisses Misconduct allegations against Ex-President CS Makarand Lele 

Shri Vikas Yashwant Khare Vs Shri Makarand M Lele (Board of Discipline, ICSI)

Shri Vikas Yashwant Khare Vs Shri Makarand M Lele (Board of Discipline, ICSI) The Board of Discipline of the Institute of Company Secretaries of India ( ICSI ) has dismissed a complaint filed against the former President CS Makarand Lele alleging several misconduct charges. A complaint was lodged against CS Makarand Lele alleging that by ...

Read More
Posted Under: Income Tax |

ICSI President Welcomes Interim Budget 2019

ICSI applauds the Interim Budget 2019 presented by the Finance Minister Piyush Goyal focusing on state of economy, tax reforms and GST, unorganized sectors, assured income to farmers, developing infrastructure, real estate, rural health and sanitation and such many other areas....

Read More
Posted Under: Income Tax |

Board Meeting under Companies Act, 2013 & ICSI Secretarial Standard

Board Meeting as per Companies Act, 2013 and Secretarial Standard issued by ICSI. The Board of Director of the Company is primarily an oversight Board. It oversees the management of the company to ensure that the interest of non-controlling shareholders is protected. 1. Frequency of Board Meeting: 1. First Board Meeting (BM) should be hel...

Read More
Posted Under: Income Tax |

Guidance Note on Dividend by ICSI

GUIDANCE ON THE PROVISIONS OF SS-3 1. Ascertainment of amount available for payment/distribution as Dividend. 2. Declaration of Dividend 3. Entitlement to Dividend 4. Dividend in Abeyance 5. Payment of Dividend 6. Unpaid Dividend 7. Revocation of Dividend 8. Preservation of Dividend Cheques, Warrants and Dividend R...

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Posted Under: Income Tax |

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