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Cs tainings-edp,pdp, 15 moths training and roc training

28 November 2013

I cleared all levels of CS and registered of 2007. i want to enquire of cs trainings- whether i hv to undergo nw all training for getting qualified as CS? Is it compulsory to undergo all trainings or any exemption criteria? Please Help.

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5 Replies

Dimple (.) (252 Points)
Replied 28 November 2013

Yes!! U have to undergo all the trainings to get the membership of the institute. No idea about exemptions.

1 Like

Ajay Mishra (Company Secretary) (74332 Points)
Replied 28 November 2013

Company Secretaries Regulation, 1982

Chapter VII

Practical Experience and Training Requirements

47. Practical Experience and Training

A candidate who has passed the Final examination of the Institute shall be required to possess the practical experience and undergo the practical training or be exempted therefrom as specified in this Chapter for becoming eligible to Associate Membership of the Institute.

48. Practical Experience or Training

Every candidate registered as a student on or after the commencement of the Company Secretaries (Amendment) Regulations, 2001 (including a student registered de novo) and passing the Final examination of the Institute and every candidate registered as a student before the commencement of the said regulations and who has not completed the training in accordance with the regulations in force within five years of date of' his regIstration shall be required either:

(a) to possess practical experience to the satisfaction of the Council in anyone of the following manners, namely:

(i) One . year experience as an Assistant/Deputy Company Secretary or any other post higher thereto in the Secretarial Department or three years' experience as a Secretarial Officer/Executive in Secretarial Department in any company or body corporate having a paid-up share capital and reserves of not less than rupees twenty-five lakhs or any organization having gross fixed assets of not less than rupees fifty lakhs including any public sector undertaking, autonomous, or statutory body, financial institution or bank which in the opinion of the Council

provides scope for acquiring sufficient professional experience; .

(ii) two years' experience as an executive or three years' experience as an assistant under a Company Secretary in whole-time practice or in a firm of such , Company Secretaries, which in the opinion ,of the Council provides scope for acquiring sufficient professional experience;

(iii) three years' experience of continuous practice on a whole-time basis as a Chartered Accountant or Cost Accountant having carried out statutory/cost/Internal audit or providing management consultancy services or three years' experience of continuous practice as an Advocate in a High Court having rendered services as Counsel/Advisor to a Company having paid-up share capital and services 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 or statutory body, financial institute or bank which in

the opinion of the Council provides scope for acquiring sufficient professional experience;

(iv) three years' experience as an executive or four years' experience as an assistant in the secretarial, administration, accounts, finance, personnel or legal department in any company or body corporate having a paid-up share capital and reserves of not less that rupees twenty-five lakhs or any organisation having' fixed assets of not less than rupees fifty lakhs. including Central/State Government, any Public Sector Undertaking, autonomous or statutory body, financial institution, banking or insurance company which in the opinion of the Council provides scope for acquiring sufficient professional experience;

(v) have acquired practical experience equivalent to those specified under clause (b) or clause (c) of this regulation in such profession Institutions in India ,or abroad as may be recognized by the Council in this behalf on reciprocal basis; .

(b) to undergo training in the manner and areas specified by the Council for a period of fifteen months in a company having a paid-up share capital of not less than rupees fifty lakhs or any other institution or organisation as may be approved by the Council from timeto time;

(c) to undergo training under a Company Secretary in whole-time practice or in a firm of such Company Secretaries as approved by the Council for a period of fifteen months on whole time basis working during normal working hours.

1 Like

Ajay Mishra (Company Secretary) (74332 Points)
Replied 28 November 2013

49. Training after Intermediate Examination

(1) A candidate who has passed the Intermediate Examination of the Institute may commence his training under clause (b) or clause (c) of Regulation 48, with the apl9roval of the Secretary if sufficient companies or Company Secretaries or· firms of Company Secretaries in practice willing to accept trainees are available for the purpose.

(2) A Company Secretary or a firm of Company Secretaries in practice under whom a candidate is required to undergo training under clause (c) of Regulation 48 shall be required to be approved by the Council and shall pay a monthly stipend as may be determined by the Council from time to time.

50. Compulsory Practical Training

Every candidate passing the Final examination of the Institute in addition to acquiring practical experience or undergoing training as stipulated in Regulation 48 shall be required to undergo compulsory practical training for a total period of four months as specified below:

(a) to undergo three months' training in a public limited company or body corporate having a paid-up share capital of not less than rupees twerity-five ·'akhs as approved by the Council from time to time in the following manner:

(i) Secretarial Department (including· Shares and. Legal) - one month; .

(ii) Finance and Accounts Department (including Costing, Management Accounting, Internal Audit and Taxation) - one month;

(iii) Administration Department (including Personnel, General Administration, Industrial, Public Relations, Marketing and Materials Management) - one month;

Provided that a candidate who has undergone training for a period of fifteen months as specified in clauses (b) and

Provided further that the Council may on an. Application made in this' behalf by the candidate exempt him from' undergoing practical training' if the Council is satisfied that the candidate has already undergone the training prescribed by such professional Institutions in India or abroad as may be recognized by the Council in 'this behalf on reciprocal basis.

(b) to attend and complete successfully secretarial modular training programme for fifteen days in such manner and areas as determined by the Council and training in a specialized agency such as the Office of the Registrar of Companies, stock exchange, financial or banking institution or management consultancy firm for another fifteen days;

Provided that the Council may on an application made in this behalf by the .candidate exempt him from undergoing secretarial modular training programme and training in a specialized agency specified in clause (b) if the Council is satisfied that the candidate' has already undergone the training prescribed by such professional Institutions, in India or abroad as may be recognized by the Council in this behalf on reciprocal basis.]

2 Like

Ajay Mishra (Company Secretary) (74332 Points)
Replied 28 November 2013

51. Exemption from undergoing practical training except secretarial training programme

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 claus,e (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.

52. Partial· exemption from undergoing practical training

A candidate who has acquired practical experience as specified in [clause(a)]60 of Regulation 48 may be exempted, for a maximum period of one month in anyone of the three areas of Practical Training specified in clause (a) Regulation 50 and for a maximum period of fifteen days in a specialized agency as specified in clause (b) of Regulation 50, provided he gives documentary evidence to show that he has acquired substantial portion of his practical experience in that area.

Ajay Mishra (Company Secretary) (74332 Points)
Replied 28 November 2013

53. Exceptions

(1) (Since deleted)

(2) Any person not falling in all or any respects with regard to practical experience and practical training requirements as specified in the Regulations 48, 51 and 52, but claims to have acquired practical experience and undergone practical training, equivalent to those specified under these regulations may apply for full or partial exemption from acquiring practical experience or undergoing, practical training as the case may be and the Council may determine each case for partial or total exemption taking into account the evidence produced by such person or after interviewing him.

54. Requirement of certificate of experience and practical training by members of the Institute

Every applicant claiming to have acquired the necessary practical experience and undergone the prescribed practical training, shall be required to obtain certificate from at least two members having a standing of three years, membership as approved by the Council, certifying that in the opinion of the certifying members, the candidate is a fit and appropriate person to be admitted to the Associate Membership of the Institute.

55. Proof of Practical experience and training

A candidate who possesses the requisite practical experience and has undergone the requisite practical training or has been exempted there from as 'provided in these regulations, shall be required to produce necessary documentary proof to the satisfaction of the Council along with his application in the appropriate form for Associate Membership.

55A. Disciplinary action in connection with training including secretarial modular training programme

In the event of any misconduct by a candidate undergoing training including secretarial modular training programme, the Councilor the Disciplinary Committee may suo-moto or on receipt of a complaint, if it is satisfied that the misconduct is proved after such investigation as it may deem necessary after giving him. an opportunity of being heard, reprimand the candidate or cancel or suspend his registration as a student or suspend or debar him from appearing in any one or more examinations of the Institute or direct that any period of training already undergone shall not be reckoned for the purposes of Regulation 48 or Regulation 50 or declare that such a. candidate is not fit and appropriate person to be admitted to the Associate Membership of the Institute.

Explanation-For the purposes of this Regulation

"misconduct" shall include "a behavior in a disorderly manner in relation to the Institute or in or near the place where undergoing training, breach of any regulation, condition, guideline or direction laid down by the Institute, malpractice with regard to training or resorting to or attempting to resort to unfair means in connection with the undergoing of training or seeking exemption from undergoing the training or for breach of any policies, rules and regulations for the organization in which he/she is undergoing training".