Introduction to Institute of Company Secretaries of India
Constituted under an Act of Parliament, which is the company secretaries act, 1980, the Institute of Company Secretaries of India is a national professional body which regulates and develops the profession of company secretaries of the country.
The functions of the Institute of Company Secretaries of India are administered by the Ministry of Corporate Affairs of the government of India. The certificate of bestowing the designation of Company secretary is awarded by the ICSI to a candidate who qualifies for the membership of the institute.
The institute of company secretaries of India or ICSI is managed by a council of fifteen elected members and five nominees of the central government. The ICSI works with a vision of becoming a global leader in promoting good corporate governance.
The mission of the Institute of company secretaries of India is to develop qualified professionals with high calibre to ensure good corporate governance. With this mission, the ICSI has its headquarters at the New Delhi office. Apart from the head office, the institute of company secretaries of India or ICSI also has regional councils in the cities like Chennai, Kolkata, Mumbai and New Delhi. It also has a nationwide network with an overseas presence in the USA and Dubai.
Functions of the Institute of Company Secretaries of India (ICSI)
With the aim to develop good corporate governance, the institute of company secretaries of India or ICSI carries many important functions, which are as follows:
- The ICSI focuses on developing highly qualified company secretaries with high calibre to ensure good corporate governance.
- The company secretaryship exam is conducted twice a year in June and December by the ICSI at centres all over India and also in Dubai.
- It provides practical training for students and practising company secretaries.
- It also conducts post membership qualification courses for the members of the institute.
