Exemption from undergoing training can only be claimed on the basis working experience after passing the Final/Professional Programme Examination provided the applicant fulfills the requirement of the Company Secretaries Regulations, 1982, as amended.
1. The candidates who have completed the Final/ Professional Programme Examination and possess three years working experience as an executive or four years as an assistant in a company having the paid up share capital of Rs.25 lacs or more. To assess the eligibility for exemption from undergoing 12 months Management Training and partial exemption from undergoing Practical Training on case to case basis.
2. The candidates who have completed the Final / Professional Programme Examination and possess two years working experience as an executive or three years as an assistant with a Company Secretary in Practice. To assess the eligibility for exemption from undergoing 12 months Management Training.
From undergoing 12 months Management Training and partial exemption from undergoing Practical Training on case to case bases.
- In order to avail total exemption under Regulation 48 & 51 a candidate should posses one year experience as Assistant Secretary or any post higher thereto in the Secretarial Department in a company or body corporate having a paid up share capital and reserves of not less than Rs.25 lacs or any organization having gross fixed assets of not less than Rs.50 lacs including any public Sector Undertaking, Autonomous body, Financial Institution or Bank, which in the opinion of the Council, provides scope for acquiring sufficient professional experience. Please note that 15 days Management Skills Orientation Programme (previously SMTP) is compulsory.
For more details kindly refer Chapter VII of The Company Secretaries Regulations, 1982 which is available on website www.icsi.edu at members link/page.
Following are the documents required to be submitted in order to claim exemption from undergoing training: -
a. Application Form for Management /Apprenticeship/ Practical Training/ Exemption from undergoing Training. (ST-10) -(Refer attachment)
b. Experience Certificate (s) indicating exact designation, duration of service, salary drawn, job contents in brief duly signed by the appropriate authorized signatory of the employer organization.
c. Annual Report(s) in respect of the organization(s)
d. Organization Chart indicating the position in the organizational hierarchy duly certified by the authorized signatory of employer organization.
e. Salary slip for the beginning and last pay drawn from the organization(s)
f. Appointment letter from past/present employer.
Address:
APPLICATION FOR EXEMPTION FROM TRAINING
To,
The Joint Director (Training & Placement)
The Institute of Company Secretaries of India
C-37,
Sector 62,
NOIDA-201 301
CAclubindia
