Advisory to CS regarding LLP

Company Secretaries are to note that if the word, "CS" or "Company Secretary" or „Company Secretaries‟ is used by a LLP as suffix, then a prior No Objection Certificate (NOC) is mandatorily required to be obtained from the ICSI by such proposed LLP. It is also observed that many Company Secretaries directly approach the Registrar of Companies (ROCs) and obtain approval for their LLP names from the ROCs without taking prior approval from ICSI claiming that their LLP name does not contain the word “Company Secretary/Company Secretaries” and hence prior approval is not required from ICSI. Later they inform the ICSI about the same. In such cases too, if the proposed LLP is to provide secretarial/attestation services, NOC from the ICSI needs to be taken from the ICSI first for their LLP name and then approach the ROCs for the name registration. 

All the LLPs which are covered as per the above will also need to update information, if not updated earlier, to the ICSI within 30 days of issue of this advisory such as name of the LLP, date of incorporation, approval of name details, professional address and contact details (email id, telephone number, fax number, mobile number etc.) of the LLP, details of the partners with membership number, LLP incorporation certificate received from RoC (Registrar of Companies), copy of Form 2 filed with ROC, copy of LLP deed executed & filed with ROC with Form 25. Further, in all such cases as mentioned above, the Company Secretaries are also required to intimate ICSI about any subsequent changes in the partnership pattern of the LLP within thirty days of any such change.

However, notwithstanding anything contained hereinabove, if a Company Secretary intends to form a LLP for a purpose, not at all related directly or indirectly, to the profession of Company Secretary, he/she is exempted from obtaining NOC from the Institute. 

Updates for Capital, Commodity and Money Market -ICSI

Institute of Company Secretaries of India (ICSI) has issued the Updates for Capital, Commodity and Money Market including the notifications and circulars issued during December 2015 - June, 2016 for Professional Programme (New Syllabus) for December 2016 Examination.

https://www.icsi.edu/docs/Webmodules/CCMM_Updates_for_December_2016.pdf

CS Examination - Enrollment Status for December 2014

CLICK HERE FOR :ENROLLMENT STATUS - DEC. 2014

NOTE MUST-READ FOR STUDENTS WHO HAVE SOUGHT ENROLLMENT TO DECEMBER, 2014 SESSION OF EXAMINATIONS PLEASE CAREFULLY GO THROUGH THE PRELIMINARY EXAMINATION ENROLLMENT DETAILS FOR DECEMBER, 2014 SESSION OF CS EXAMINATIONS AS DISPLAYED ABOVE. EXAMINATION CENTRE / MEDIUM OF EXAMINATION/ MODULE FOR ANY DISCREPANCY IN EXAMINATION CENTRE, MEDIUM OR MODULE : PLEASE CONTACT AT enroll@icsi.edu OR AT PHONE: 0120- 4522085 / 86/87 CHANGES IN THE EXAMINATION ENROLLMENT STATUS CHANGES IN ENROLLMENT STATUS ARE NOT ORDINARILY ENTERTAINED. HOWEVER, IN UNAVOIDABLE CIRCUMSTANCES, STUDENTS MAY SEEK CHANGE IN THE EXAMINATION ENROLLMENT STATUS ALONG WITH THE REQUISITE FEE OF RS.250/- WHICH WILL BE ACCEPTED FROM 11THOCTOBER 2014 TO 7THDECEMBER 2014. AFTER THE SAID DATE, THE REQUESTS FOR CHANGE WILL BE REJECTED WITHOUT NOTICE. REQUESTS FOR CHANGE OF CENTRE AND TIME SLOTS FOR APPEARING IN THE COMPUTER BASED FOUNDATION PROGRAMME EXAMINATION WILL NOT BE ENTERTAINED. CHANGE OF EXAMINATION CENTRE WITHIN A PARTICULAR CITY IS NOT ALLOWED. IN CASE OF MULTIPLE EXAMINATION CENTRES WITHIN A CITY, THE ALLOTMENT OF EXAMINATION CENTRE IN A PARTICULAR PART OF THE CITY (SOUTH, NORTH, WEST, EAST, ETC.) WILL BE SUBJECT TO AVAILABILITY SPACE, INFRASTRUCTURE AND OTHER ADMINISTRATIVE FACTORS. THE FINAL ALLOTMENT CONSIDERING ALL FACTORS, WILL BE MADE AT THE SOLE DISCRETION OF THE INSTITUTE. REQUESTS FOR ANY CHANGE IN THIS REGARD WILL NOT BE ENTERTAINED. PHOTOGRAPH / SIGNATURE FOR ANY MISMATCH IN PHOTOGRAPH AND/OR SIGNATURE : PLEASE SEND SCANNED IMAGES OF PASSPORT SIZE PHOTOGRAPH AND SIGNATURE (IN JPG FORMAT) rajesh.sharma@icsi.edu MENTIONING YOUR REGISTRATION NUMBER. PAPER-WISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATION(S) [LL.B. & FINAL PASS OF ICAI(COST)] : STUDENTS WHO HAVE SOUGHT PAPER-WISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATIONS MAY PLEASE NOTE THAT ALL SUCH CASES ARE UNDER SCRUTINY. IT IS EXPECTED THAT THIS PROCESS WILL BE COMPLETED AND THE STATUS OF SUCH EXEMPTIONS WILL BE DISPLAYED AS PART OF THE ENROLLMENT STATUS BY 10TH OCTOBER, 2014. KINDLY BEAR WITH US FOR THE TIMEBEING. ON THE BASIS OF 60% MARKS CRITERIA : STUDENTS WHO ARE MEETING THE ELIGIBILITY CONDITIONS OF EXEMPTION ON THE BASIS OF 60% MARKS DURING JUNE, 2014 SESSION ARE BEING GRANTED EXEMPTION IN THE RESPECTIVE SUBJECTS. STUDENTS WHO ARE NOT INTERESTED IN AVAILING THE EXEMPTION MAY SEEK CANCELLATION OF THE SAME BY SENDING A FORMAL REQUEST BY E-MAIL. IF ANY STUDENT APPEARS IN THE EXAMINATIONS DISREGARDING THE EXEMPTION GRANTED AND AS SHOWN IN THE ADMIT CARD, THE APPEARANCE WILL BE TREATED AS VALID AND THE EXEMPTIONS WILL BE CANCELLED. REQUESTS FOR RESTORING SUCH EXEMPTIONS WILL NOT BE ENTERTAINED FOR THE CURRENT SESSION. FOR ANY QUERY PERTAINING TO PAPER-WISE EXEMPTION, STUDENTS MAY PLEASE CONTACT THE INSTITUTE AT E-MAIL ID : exemption@icsi.edu OR AT TELEPHONE NO. 0120-4522072 FOR EXEMPTION RELATED QUERIES. NEW INITIATIVE THE FIRST COMPUTER BASED FOUNDATION PROGRAMME EXAMINATIONS WAS HELD IN JUNE, 2014 SESSION ( PLEASE REFER TO DETAILED FAQ ON THE WEBSITE). THE FIRST OPEN BOOK EXAMINATIONS FOR THE ELECTIVE SUBJECTS UNDER MODULE-3 OF PROFESSIONAL PROGRAMME (NEW SYLLABUS) WAS HELD INJUNE, 2014 SESSION. THE INSTITUTE HAS DECIDED TO INTRODUCE OMR BASED EXAMINATION IN THE FOLLOWING THREE SUBJECTS OF THE CS EXECUTIVE PROGRAMME (NEW SYLLABUS) WHEREIN STUDENTS ARE REQUIRED TO ATTAIN WORKING KNOWLEDGE, FROM DECEMBER, 2014 SESSION EXAMINATIONS: (I)COST AND MANAGEMENT ACCOUNTING ( MODULE-I) (II) TAX LAWS AND PRACTICE (MODULE-I) III) INDUSTRIAL, LABOUR AND GENERAL LAWS (MODULE-II) SWITCHOVER TO EXECUTIVE PROGRAMME (NEW SYLLABUS) EXECUTIVE PROGRAMME (OLD SYLLABUS) STUDENTS WHO WANT TO SWITCHOVER TO NEW SYLLABUS MAY SUBMIT THEIR REQUEST THROUGH THE ONLINE FACILITY AVAILABLE AT WWW.ICSI.EDU BEFORE SUBMITTING THE EXAMINATION FORM. SWITCHOVER TO NEW SYLLABUS WILL BE IRREVOCABLE. SWITCHOVER TO PROFESSIONAL PROGRAMME (NEW SYLLABUS) PROFESSIONAL PROGRAMME (OLD SYLLABUS) STUDENTS WHO WANT TO SWITCHOVER TO NEW SYLLABUS MAY SUBMIT THEIR REQUEST THROUGH THE ONLINE FACILITY AVAILABLE AT WWW.ICSI.EDU BEFORE SUBMITTING THE EXAMINATION FORM. WHILE SWITCHING OVER TO PROFESSIONAL PROGRAMME (NEW SYLLABUS), STUDENTS ARE REQUIRED TO EXERCISE THEIR OPTION FOR ELECTIVE SUBJECT UNDER MODULE-3. THE SWITCHOVER AS WELL AS OPTION OF ELECTIVE SUBJECT UNDER MODULE-3 ONCE SUBMITTED WILL BE IRREVOCABLE. EXPIRY OF REGISTRATION STUDENTS WHOSE REGISTRATIONS ARE VALID UPTO AUGUST, 2014 ARE ELIGIBLE TO APPEAR IN DECEMBER, 2014 SESSION OF EXAMINATIONS. HOWEVER, STUDENTS WHOSE REGISTRATIONS HAVE EXPIRED PRIOR TO AUGUST, 2014 ARE REQUIRED TO SEEK REGISTRATION DENOVO/ EXTENSION AS PER THEIR ELIGIBILITY. REGISTRATION DENOVO/ EXTENSION MAY BE SOUGHT THROUGH THE ONLINE FACILITY AVAILABLE AT WWW.ICSI.EDU AFTER LOGGING INTO THE RESPECTIVE ACCOUNTS OF THE STUDENTS. FOR ANY QUERY REGARDING REGISTRATION DENOVO/ EXTENSION, STUDENTS MAY PLEASE CONTACT AT E-MAIL ID dd.garg@icsi.edu / vinny.mehta@icsi.edu OR at TEL.NO. 0120- 4522072/ 75. NON-SUBMISSION OF 10+2 / GRADUATION MARK SHEET / PASS CERTIFICATE FOUNDATION PROGRAMME/ EXECUTIVE PROGRAMME STUDENTS WHOSE REQUEST FOR EXAMINATION ENROLLMENT HAVE BEEN REJECTED DUE TO NON-REGULARISATION OF “PROVISIONAL REGISTRATION” MAY IMMEDIATELY SUBMIT THE 10+2/ GRADUATION PASS MARK SHEET / CERTIFICATE AT E-MAIL IDprovisional@icsi.edu OR AT TELEPHONE NO. 0120-4522065 FOR UPDATING THE STATUS FAILING WHICH THE EXAMINATION ENROLLMENT WILL EITHER BE REJECTED OR THE RESULTS WILL BE WITHHELD. EXAMINATION FEE THE DETAILS OF EXAMINATION RELATED FEE ARE AS UNDER : - PARTICULARS AMOUNT (Rs.) FOUNDATION PROGRAMME 1200/- EXECUTIVE PROGRAMME 1200/-(PER MODULE) PROFESSIONAL PROGRAMME 1200/-(PER MODULE) LATE FEE (FROM 26.09.2014 TO 10.10.2014) 250/- CHANGE OF EXAMINATION CENTRE /MEDIUM/ MODULE 250/- STUDENTS WISH TO APPEAR IN DUBAI (EXAMINATION CENTRE), ARE ADVISED TO REMIT US $100 OR Rs.6100 IN ADDITION TO ALL OTHER FEE MENTIONED ABOVE. NOTE: EXAMINATION FEE INCLUDING SURCHARGE FOR OVERSEAS CENTRE [ DUBAI ] WILL NOT BE REFUNDED UNDER ANY CIRCUMSTANCES. UPDATION OF E-MAIL ID / MOBILE NUMBER IN THE DATABASE AS THE COMMUNICATIONS ARE MAINLY SENT THROUGH E-MAIL/ OVER PHONE, STUDENTS ARE ADVISED TO ENSURE THE UPDATION OF THE E-MAIL ID AND MOBILE NUMBER IN THE DATABASE. STUDENTS ARE ALLOWED TO CHANGE THE E-MAIL ID AND MOBILE NUMBER ON THEIR OWN AFTER LOGGING INTO THE PORTAL. HOWEVER, IN CASE OF ANY DIFFICULTY, PLEASE SEND AN E-MAIL TO ankur.aggarwal@icsi.edu E-ADMIT CARD DESPATCH OF ADMIT CARDS (IN PHYSICAL FORM) BY POST HAS BEEN DISCONTINUED FROM DECEMBER, 2011 SESSION OF EXAMINATION. STUDENTS ARE REQUIRED TO DOWNLOAD THE SAME FROM INSTITUTE’S WEBSITE WWW.ICSI.EDU STUDENTS MAY DOWNLOAD THE ADMIT CARD FROM INSTITUTE’S WEBSITE WWW.ICSI.EDU AFTER 11TH December, 2014 (REQUESTS FOR ANY CHANGE IN THE ENROLLMENT STATUS WILL NOT BE ENTERTAINED AFTER GENERATION OF ROLL NUMBERS)

NAME OF THE STUDENT
REGISTRATION NO.
MAILING ADDRESS
E-MAIL ID
MOBILE NUMBER
EXAMINATION CENTRE  WITH CODE
MODULE (FOR EXECUTIVE/ PROFESSIONAL PROGRAMME STAGES ONLY)
MEDIUM OF EXAMINATION
FEE DETAILS i.e. THE ACKNOWLEDGEMENT NUMBER AND DATE, AMOUNT, PLACE OF DEPOSIT IF THE FEE HAS BEEN REMITTED BY CHALLAN

SCANNED CERTIFIED COPY(IES) OF ANSWER BOOK(S) JUNE - 2014 CS EXAMINATIONS

ICSI informed that the scanned copy(ies) of the answer book(s) in pdf format are being
uploaded in phased manner on the Institute’s website:

http://162.144.40.193/account/login.aspx

Candidates whose application has been processed as per the prescribed Guidelines for providing the certified copies of answer books.

Secured user ID and password shall be provided through e-mail and SMS.

On receipt of their user ID and password, candidates can use the same to access the pdf file containing scanned certified copies of their answer books in order to view or take the print out for their reference.

In case candidates find any difficulty in accessing their pdf file to view/print their scanned certified copies of answer books, they are advised to send an e-mail at: exam@icsi.edu

RELEASE OF FINAL / PROFESSIONAL PASS CERTIFICATES TO CS STUDENTS

ICSI informed that the release of Pass Certificates of students who have passed the Final Course / Professional Programme Stage, but not successfully completed computer training, were kept in abeyance pending compliance with the guidelines. 

As per the modified training structure introduced w.e.f. 1st April, 2014, the requirement  of computer training has been done away with for all students of CS Course. Keeping in view the possibility that correspondence addresses of some of the students may have changed, the Institute has already sent communications through SMS to them for intimating their latest correspondence address so that the certificates could be despatched at the correct address. 

Students who have passed the Final Course/ Professional Programme upto June, 2013  Session but not received the Pass Certificate due to non-compliance with the computer training requirement, may send a formal request by 30th November, 2014 at E-mail Id siyaram@icsi.edu indicating their latest address for taking necessary action for despatch of the certificate. 

In case of no response by 30th November, 2014, the certificates would be despatched at the addresses as available in the records of the Institute.

NOTE : The issue of pass certificates of students who have passed the Professional  Programme Stage during June, 2014 Session is under process and the same will be despatched by end of November, 2014 and such students may  not send any request to the Institute.

Companies Act 2013 applicable for CS December 2014 exams (Old Syllabus)

ATTENTION STUDENTS OF EXECUTIVE AND PROFESSIONAL 

PROGRAMMES 

(Old Syllabus) 

Applicability of the Companies Act, 2013 for Executive Programme Examination, December 2014 and Professional Programme Examinations December 2014 and June 2015

It is informed that the provisions of the Companies Act, 2013 and the rules and regulations made thereunder shall be applicable for Examinations from December, 2014 onwards. This means that the question papers of the following subjects of Executive and Professional Programme (Old Syllabus) shall carry questions from the Companies Act, 2013 instead of the Companies Act, 1956:

Executive Programme

1. Company Accounts, Cost and Management Accounting (Module I , Paper 2)
2. Company Law (Module II, Paper 4)
3. Securities Laws and Compliances (Module II, Paper 6)

Professional Programme

1. Company Secretarial Practice (Module I, Paper 1)
2. Drafting, Appearances and Pleadings (Module I, Paper 2)
3. Corporate Restructuring and Insolvency (Module II, Paper 4)
4. Due Diligence and Corporate Compliance Management (Module IV , Paper 7)
5. Governance, Business Ethics and Sustainability (Module IV, Paper 8)

Other subjects of Executive and Professional Programme that has reference to Companies Act, 1956 should be read in line with Companies Act, 2013.

Please note that all the provisions of the Companies Act, 2013 may or may not have come into effect on the date of Examination.

Nevertheless, question papers will carry questions from the Companies Act, 2013 only and not the Companies Act, 1956.

Students can have access to Reading Material on the Companies Act, 2013 uploaded on ICSI Website under the Head ‘Academic Corner’ at the link.

Source: ICSI

Companies Act 2013 applicable for CS December 2014 exams (New Syllabus)

ATTENTION STUDENTS OF FOUNDATION, EXECUTIVE AND 

PROFESSIONAL PROGRAMMES 

(New Syllabus) 

Applicability of the Companies Act, 2013 for Examinations from December 2014 onwards It is informed that the provisions of the Companies Act, 2013 and the rules and regulations made thereunder shall be applicable for Examinations from December, 2014 onwards. This means that the question papers of the 

following subjects of Foundation, Executive and Professional level shall carry questions from the Companies Act, 2013 instead of the Companies Act, 1956: 

Foundation Programme 

1. Business Environment and Entrepreneurship (Paper 1) 

Executive Programme 

1. Company Law (Module 1, Paper 1) 

2. Company Accounts and Auditing Practices (Module 2, Paper 5) 

3. Capital Markets and Securities Laws (Module 2, Paper 6) 

Professional Programme 

1. Advanced Company Law and Practice (Module 1, Paper 1) 

2. Secretarial Audit, Compliance Management and Due Diligence (Module 1, Paper 2) 

3. Corporate Restructuring, Valuation and Insolvency (Module 1, Paper 3) 

4. Ethics, Governance and Sustainability (Module 2,Paper 6) 

5. Drafting, Appearances and Pleadings (Module 3, Paper 8) 

6. Capital, Commodity and Money Market (Module 3, Paper 9.2,  Elective) 

Other subjects of Foundation, Executive, Professional, Elective papers that  has reference to Companies Act, 1956 should be read in line with Companies Act, 2013. 

Please note that all the provisions of the Companies Act, 2013 may or may  not have come into effect on the date of Examination. Nevertheless, question papers will carry question from the Companies Act 2013 only and not the Companies Act, 1956. 

Students can have access to Reading Material on the Companies Act, 2013 uploaded on ICSI Website under the Head ‘Academic Corner’ at the link

Source: ICSI

RESULT OF COMPANY SECRETARIES EXAMINATIONS DECEMBER, 2013

The result of Professional Programme, Executive Programme (Old Syllabus), Executive  Programme (New Syllabus) and OMR based Foundation Programme Examinations held in December, 2013 will be declared on Tuesday, the 25th February, 2014 as per the following

(i) Professional Programme 10.00 A. M.
(ii) Executive Programme (Old and New Syllabus) 12.30 P.M.
(iii) OMR based Foundation Programme 2.30 P.M.

 The result along with candidates’ individual subject-wise break-up of marks will be available on the Institute’s website: www.icsi.edu on declaration of the result.

The Result-cum-Marks Statement of Professional Programme Examination will be dispatched to the candidates immediately after declaration of the result. In case the physical copy of Result-cum-Marks Statement is not received by any candidate within 30 days of  declaration of result, he/she may contact the Institute at: exam@icsi.edu along with his/her particulars.

Formal e-Result-cum-Marks Statement of Executive Programme (Old Syllabus), Executive Programme (New Syllabus) and OMR based Foundation Programme Examinations will be uploaded on the website of the Institute: www.icsi.edu immediately on declaration of result, for downloading by candidates for their reference, use and records. No physical copy of Result–cum–Marks Statement will be issued for these two stages of examination.

CS Examination Enrollment Status - December 2013 Session

CLICK HERE FOR : ENROLLMENT STATUS - DEC 2013

NOTE MUST-READ FOR STUDENTS WHO HAVE SOUGHT ENROLLMENT TO DECEMBER, 2013 SESSION OF EXAMINATIONS PLEASE CAREFULLY GO THROUGH THE PRELIMINARY EXAMINATION ENROLLMENT DETAILS FOR DECEMBER, 2013 SESSION OF CS EXAMINATIONS AS DISPLAYED ABOVE. EXAMINATION CENTRE / MEDIUM OF EXAMINATION/ MODULE FOR ANY DISCREPANCY IN EXAMINATION CENTRE, MEDIUM OR MODULE : PLEASE CONTACT AT enroll@icsi.edu OR AT PHONE: 0120- 4522081 / 87  CHANGE IN THE EXAMINATION ENROLLMENT STATUS with the requisite AMOUNT OF Rs.250/- will be accepted from 11TH OCTOBER 2013 onwards. CHANGE OF EXAMINATION CENTRE WITHIN A PARTICULAR CITY IS NOT ALLOWED.   PHOTOGRAPH / SIGNATURE FOR ANY MISMATCH IN PHOTOGRAPH AND/OR SIGNATURE : PLEASE SEND SCANNED IMAGES OF PASSPORT SIZE PHOTOGRAPH AND SIGNATURE (IN JPG FORMAT) rajesh.sharma@icsi.edu MENTIONING YOUR REGISTRATION NUMBER. PAPER-WISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATION(S) : STUDENTS WHO HAVE SOUGHT PAPER-WISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATIONS MAY PLEASE NOTE THAT ALL SUCH CASES ARE UNDER SCRUTINY. IT IS EXPECTED THAT THIS PROCESS WILL BE COMPLETED AND THE STATUS OF SUCH EXEMPTIONS WILL BE DISPLAYED AS PART OF THE ENROLLMENT STATUS BY 10TH OCTOBER, 2013. KINDLY BEAR WITH US FOR THE TIMEBEING. ON THE BASIS OF 60% MARKS CRITERIA : STUDENTS WHO ARE MEETING THE ELIGIBILITY CONDITIONS OF EXEMPTION ON THE BASIS OF 60% MARKS DURING JUNE, 2013 SESSION ARE BEING GRANTED EXEMPTION IN THE RESPECTIVE SUBJECTS. STUDENTS WHO ARE NOT INTERESTED IN AVAILING THE EXEMPTION MAY SEEK CANCELLATION OF THE SAME BY SENDING A FORMAL REQUEST BY E-MAIL. STUDENTS MAY PLEASE CONTACT THE INSTITUTE AT E-MAIL ID : exemption@icsi.edu OR AT TELEPHONE NO. 0120-4522074 FOR EXEMPTION RELATED QUERIES. THE LAST EXAMINATION UNDER FOUNDATION PROGRAMME (OLD SYLLABUS) HAS BEEN HELD IN JUNE, 2013 SESSION. FROM DECEMBER, 2013 ALL STUDENTS WILL BE ENROLLED FOR FOUNDATION PROGRAMME (NEW SYLLABUS) OMR BASED EXAMINATION. NO SEPARATE REQUEST IS REQUIRED SWITCHING OVER TO NEW SYLLABUS AS ALL STUDENTS WILL BE AUTOMATICALLY SWITCHED OVER THE NEW SYLLABUS.   SWITCHOVER TO EXECUTIVE PROGRAMME (NEW SYLLABUS) EXECUTIVE PROGRAMME (OLD SYLLABUS) STUDENTS WHO WANT TO SWITCHOVER TO NEW SYLLABUS MAY SEND THEIR REQUEST TO exemption@icsi.eduOR SUBMIT THEIR REQUESTS THROUGH ONLINE MODE AFTER LOGGING INTO THE ONLINE SERVICES PORTAL  AT WWW.ICSI.EDU FOR SWITCHING OVER TO NEW SYLLABUS BY THE LAST DATE OF EXAMINATION ENROLLMENT. EXPIRY OF REGISTRATION STUDENTS WHOSE REQUEST FOR EXAMINATION ENROLLMENT HAVE BEEN REJECTED DUE TO EXPIRY OF REGISTRATION BUT APPLIED FOR RENEWAL OF REGISTRATION IN TIME MAY PLEASE CONTACT THE INSTITUTE AT E-MAIL ID extension@icsi.edu OR AT TEL.NO. 0120-4522072/75 FOR VERIFICATION OF RECORDS BY THE LAST DATE OF EXAMINATION ENROLLMENT. NON-SUBMISSION OF 10+2 / GRADUATION MARK SHEET / PASS CERTIFICATE FOUNDATION PROGRAMME/ EXECUTIVE PROGRAMME STUDENTS WHOSE REQUEST FOR EXAMINATION ENROLLMENT HAVE BEEN REJECTED DUE TO NON-REGULARISATION OF “PROVISIONAL REGISTRATION” MAY IMMEDIATELY SUBMIT THE 10+2/ GRADUATION PASS  MARK SHEET / CERTIFICATE AT E-MAIL ID prov.reg@icsi.edu FOR UPDATING THE STATUS. STUDENTS WHO FAIL TO SUBMIT THE CERTIFICATES WILL NOT BE ELIGIBLE FOR APPEARING IN THE EXAMINATIONS. REVISION IN EXAMINATION FEE W.E.F. 1ST FEBRUARY, 2013 THE EXAMINATION RELATED FEE HAVE BEEN REVISED W.E.F. 01.02.2013 AS PER DETAILS GIVEN BELOW : - PARTICULARS FIGURES IN RUPEES OLD FEE REVISED FEE FOUNDATION 875/- 1200/- EXECUTIVE 900/-(PER MODULE) 1200/-(PER MODULE) PROFESSIONAL 750/-(PER MODULE) 1200/-(PER MODULE) LATE FEE 100/- 250/- CHANGE OF EXAM CENTRE /MEDIUM/ MODULE 100/- 250/- COST OF EXAMINATION FORM 50/- 500/- STUDENTS WISH TO APPEAR IN DUBAI (EXAMINATION CENTRE), ARE ADVISED TO REMIT US $100 OR ITS Rs.6500 IN ADDITION TO ABOVE FEES. STUDENTS WHO HAVE REMITTED THE FEE AS PER OLD RATES ARE ADVISED TO REMIT THE DIFFERENTIAL AMOUNT AS PER DETAILS GIVEN ABOVE. SIMILARLY, STUDENTS WHO HAVE SUBMITTED THE OLD EXAMINATION APPLICATION FORMS ARE REQUIRED TO REMIT THE DIFFERENTIAL AMOUNT OF Rs.450. THE BALANCE AMOUNT MAY BE REMITTED BY WAY OF DEMAND DRAFT FAVOURING “THE INSTITUTE OF COMPANY SECRETARIES OF INDIA ” PAYABLE AT “NEW DELHI”. EXAMINATION APPLICATIONS WITH INSUFFICIENT FEE ARE LIABLE TO BE REJECTED. E-ADMIT CARD DESPATCH OF ADMIT CARDS (IN PHYSICAL FORM) BY POST HAS BEEN DISCONTINUED FROM JUNE, 2011 SESSION OF EXAMINATION. STUDENTS ARE REQUIRED TO DOWNLOAD THE SAME FROM INSTITUTE’S WEBSITE WWW.ICSI.EDU. STUDENTS MAY DOWNLOAD THE ADMIT CARD FROM INSTITUTE’S WEBSITE WWW.ICSI.EDU AFTER 6TH DECEMBER, 2013 (REQUESTS FOR ANY CHANGE IN THE ENROLLMENT STATUS WILL NOT BE ENTERTAINED AFTER GENERATION OF ROLL NUMBERS)

NAME OF THE STUDENT
REGISTRATION NO.
MAILING ADDRESS
E-MAIL ID
MOBILE NUMBER
EXAMINATION CENTRE  WITH CODE
MODULE (FOR EXECUTIVE/ PROFESSIONAL PROGRAMME STAGES ONLY)
FEE DETAILS i.e. DD NUMBER & DATE, NAME OF THE ISSUING BANK/BRANCH, AMOUNT   OR THE ACKNOWLEDGEMENT NUMBER AND DATE, AMOUNT, PLACE OF DEPOSIT IF THE FEE HAS BEEN REMITTED IN CASH
MODE OF DESPATCH OF APPLICATION--- REGD./ SPEED POST /  COURIER  OR DATE OF SUBMISSION OF THE EXAMINATION FORM / FEE AT THE RESPECTIVE REGIONAL/ CHAPTER OFFICE

Formats for filing reports in terms of regulations 15(i) and 20(j) of SEBI (Buy Back of Securities) Regulations, 1998

SEBI (Buy Back of Securities) Regulations, 1998 (hereinafter referred to as “Buy Back Regulations”) were amended vide notification dated August 08, 2013 with an objective of aligning the regulatory requirements with the changing market realities and enhancing the efficiency in the Buy Back process. The amended regulation 15(i) of Buy Back Regulations requires companies to upload information regarding shares or other specified securities bought back on its website as may be specified by SEBI and submit the same to the respective Stock Exchanges.

Regulation 20(j) of Buy Back Regulations mandates Merchant Bankers to file a postoffer report with SEBI as may be specified by the Board.

The necessary formats to enable the listed companies and the merchant bankers to make disclosures and ensure compliance with the extant regulatory requirements, are specified in Annexure 1 and 2, respectively (which are available on SEBI website in this circular).

This Circular shall come into force with immediate effect.

Source: SEBI

Standard Operating Procedure (SOP) for Stock Exchanges for suspension and revocation of trading of Shares of Listed Entities for non-compliance of Certain Listing Conditions

Standard Operating Procedure (SOP) for Stock Exchanges for suspension and  revocation of trading of Shares of Listed  Entities for non-compliance of Certain Listing Conditions:

For non-compliance of listing conditions, exchanges have been suspending the trading of the shares of the listed companies, which affected the interest of non-promoters much more than the promoters as the exit route used to be closed for such investors after suspension of trading. Therefore, it is now decided that the exchange in case of non-compliant companies would resort to several other measures such as imposition of fines, freezing of shares of the promoter and promoter group, transferring the trading in the shares of the company to separate category, etc., before suspending the shares of the company.

Accordingly, to maintain consistency and uniformity of approach by the stock exchanges for taking action against the listed entities for non-compliance with certain important listing conditions, such as Clause 35, Clause 41, Clause 49 of the listing agreement, SEBI vide Circular dated September 30, 2013 has prescribed Standard Operating Procedure (SOP) for suspension and revocation of suspension of trading 

in the shares. The salient features of the circular are as follows:

Imposition of fines (on per day basis) on the company for non-compliance and delay in compliance with continuous Listing condition such as submission of shareholding pattern, financial results, corporate governance etc., 

In case of non-compliance for two consecutive quarters, moving the shares of non-compliant company to “Z” Category, where the trades would settled on Trade for Trade basis.

In case non-compliance continues, freezing the shares of the promoter and promoter group. This would be carried out before suspension of the trading of shares of the Company.

In order to provide exit window for the non-promoters, after 15 days of suspension, trading in the shares of non-compliant entity will be available on the "Trade to Trade" basis, on the first trading day of every week for 6 months.

Source: SEBI

New Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations)

CIRCULAR

                                                                      

The formats for the reports/disclosures to be filed under the Regulations have been prescribed by SEBI vide circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23 dated September 23, 2011 and SEBI/CFD/DCR/SAST/ 2/2011/10/20 dated October 20, 2011.

In order to ensure that adequate disclosures are made to help investors in taking an informed decision, it has been decided to modify the formats for disclosures under regulation 29 (1), 29 (2) and 31 of the Regulations.

The formats for disclosures under regulation 29 (1), 29 (2), 31(1)/(2) of the Regulations are placed as Annexure-1, Annexure-2 and Annexure-3 respectively.

A copy of this circular and the above stated formats are available on SEBI website at www.sebi.gov.in under the categories “Legal Framework” and “Takeovers”.

This Circular shall come into force with immediate effect.

Annexure 1-3

SEBI - Standardisation and Simplification of Procedures for Transmission of Securities

SEBI has reviewed the process being followed by the Share Transfer Agents (STAs) and the Depositories / Issuer companies (in-house STAs) for effecting transmission of securities held in physical as well as dematerialized mode.

With a view to make the transmission process more efficient and investor friendly, it has been decided in consultation with Registrars Association of India (RAIN) and the depositories, that STAs/ issuer companies and the depositories shall adhere to the following guidelines, as applicable to them:

I. In case of transmission of securities in dematerialized mode: 

Where the securities are held in a single name without a nominee, the existing threshold limit of Rs. 1,00,000 (Rupees One lakh only) per beneficiary owner account has now been revised to Rs. 5,00,000 (Rupees Five lakh only), for the purpose of following simplified documentation, as already prescribed by the depositories vide bye-laws / operating instructions.

II. In case of transmission of securities held in physical mode:

Where the securities are held in single name with a nominee, STAs/issuer companies shall follow the standardized documentary requirement as given in Annexure A.

Where the securities are held in single name without a nominee, the STAs/issuer companies shall follow, in the normal course, the simplified documentation as given in Annexure A, for athreshold limit of ` 2,00,000 (Rupees Two lakh only) per issuer company. However, the Issuer companies, at their discretion, may enhance the value of such securities.

III. The timeline for processing the transmission requests for securities held in dematerialized mode and physical mode shall be 7 days and 21 days respectively, after receipt of the prescribed documents.

3. To improve the awareness of nomination facility, all Registrars to an Issue and Share Transfer Agents shall publicize nomination as an additional right available to investors, while sending communications to the investors.

4. All the stock exchanges are directed to make necessary amendments, wherever applicable, to the listing agreements for listing of various securities.

5. The depositories are directed to make necessary amendments, wherever applicable, to the relevant byelaws/ rules and regulations/circulars in this regard.

6. The circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets and shall be complied with at the earliest and not later than 45 days from the date of issue of the circular.

7. This circular is available on SEBI website (www.sebi.gov.in) under the categories “Legal Framework”and “Circulars”.

Annexure A

Documentary requirement for securities held in physical mode

1. For securities held in single name with a nominee:

i. Duly signed transmission request form by the nominee.

ii. Original or Copy of death certificate duly attested by a Notary Public or by a Gazetted Officer.

iii. Self attested copy of PAN card of the nominee. (Copy of PAN card may be substituted with ID proof in case of residents of Sikkim after collecting address proof)

2. For securities held in single name without a nominee, following additional documents may be sought:

a) Affidavit made on appropriate non judicial stamp paper – to the effect of identification and claim of legal ownership to the securities

b) For value of securities upto ` 2,00,000 (Rupees Two lakh only) per issuer company as on date of application, one or more of the following documents:

i. No objection certificate [NOC] from all legal heir(s) who do not object to such transmission (or) copy of Family Settlement Deed duly notarized or attested by a Gazetted Officer and executed by all the legal heirs of the deceased holder.

ii. Indemnity made on appropriate non judicial stamp paper – indemnifying the STA/Issuer Company.

c) For value of securities more than ` 2,00,000 (Rupees Two lakh only) per issuer company as on date of application:

i. Succession certificate (or) Probate of will (or) Letter of Administration (or) Court decree.