Exemption criteria

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Jesal Makkar

Jesal Makkar (Querist)
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16 March 2015 ROC exemption criteria in CS??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 March 2015 Please refer rule 51 from The Company Secretaries Regulations, 1982

It reads:

A candidate may be exempted from undergoing practical training as specified in clause (a) of Regulation 50 and fifteen days in a specialized agency as specified in clause (b) of Regulation 50, if he possesses one year‘s experience as assistant secretary or any post higher thereto, in the secretarial department in a company or a body corporate having a paid-up Share capital and reserves of not less than rupees twenty-five lakhs or any Organisation having gross fixed assets of not less than rupees fifty lakhs including any public sector undertaking, autonomous body, financial institution of bank which in the opinion of the Council, provides scope for acquiring sufficient professional experience.

You can check out from link given below:

https://www.icsi.edu/Webmodules/Aboutus/CS%20Regulation%201982.pdf

I had also obtained exemption from 15 days training on the basis of this rule.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 March 2015 Also check out FAQ on Training from link given below but there is no mention of process of exemption from this 15 days training:

http://www.icsi.edu/WebModules/LinksOfWeeks/FAQ-Training.pdf

So, if you fulfill the criteria mentioned in Rule 51 then you can claim exemption.

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