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In exercise of the powers conferred by clause (1) of Part II of the Second Schedule to the Company Secretaries Act, 1980 as amended by the Company Secretaries (Amendment) Act, 2006. The council member in its 261st meeting held on 27th June, 2019 issued Employee Company Secretary Identification Number.

All about ECSIN

Applicability:

I. It is applicable on Company Secretaries in Employment.
II. Any Person getting employment w.e.f. 01st October, 2019 needs to obtain eCSIN.
III. Any person already appointed in companies till 30th September, 2019 need to obtain eCSIN till 31st December, 2019

OBJECTS:

I. To monitor the appointment and cessation of Company Secretaries in Employment.
II. To bring more transparency by creating a platform to identify the Company Secretaries employed in a particular company;
III. It shall provide an opportunity to the members to update their professional address simultaneously in the Institute’s Register of Members maintained in terms of Regulation 3 of The Company Secretaries Regulations, 1982.

Applicability:

• eCSIN shall be generated by the Company Secretary at the time of employment as a Company Secretary,
• eCSIN shall be generated by the Company Secretary at the time of demitting office in any manner (resignation / removal / retirement / disqualification).
• eCSIN is to be generated at the time of filing of form DIR-12 in terms of Section 203 of the Companies Act, 2013 and the Rules framed thereunder.
• The same is mandatorily required to be quoted on the consent letter and resignation letter / cessation letter to be attached with the form DIR-12.

Quick bite:

 

A. Whether it is mandatory to mention eCSIN on Consent Letter, Resignation Letter or Cessation Letter.
Yes, it is mandatory to mention the same on all these documents.

B. Whether DIR-12 can be file with consent letter not mentioning eCSIN?
NO, DIR-12 required to file with letter containing eCSIN.

eCSIN Generation

 

(i) The member of the Institute shall visit the designated website, create a login id and password by entering the Membership Number, Phone No., Email id, AADHAR, Income Tax PAN, and such other particulars as may be mandated.
(ii) The login id would be verified through an electronic application.
(iii) The eCSIN shall be a system generated random alphanumeric number.
(iv) No document is required to be uploaded.
(v) eCSIN shall be shared only on registered Email id of the Members or through electronic mode.
(vi) Member Name, ICSI Membership No., CIN & Name of the Company, Income Tax PAN No. of member, Date of Appointment / cessation, Date of Board Resolution, (as the case may be) shall be disclosed at the time of generation of eCSIN.
(vii) No fee for registration/generation of eCSIN.
In case of violation Member is liable for action as professionals misconduct under Company Secretaries Act, 1980 r/w first and second schedule to the CS Act, 1980.


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Category Corporate Law, Other Articles by - CS Divesh Goyal 



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