Govt may increase threshold limit to 5 cr for CS

Knowledge resource 1569 views 6 replies

Yes, you heard it right.

Strange though it may sound in the midst of a global financial crisis, the government is working on a plan that would enable over half the corporate firms to do away with the statutory need for a full-time company secretary.

You can imagine frns wht would be the impact of this over Company secretaries !!

 

Replies (6)

I should join CS yaar...

hhhhhh

CS is going to rock... great careear ahead.

Ya believe me Mr DM, There are lot of scope into CS but due to improper managment and week control, students dont wants to join somehow !!!

As companies struggle to find such professionals, who are in acute short supply, the corporate affairs ministry seeks to address the problem by bringing in a legislative change, a move that has raised the hackles of apex body of company secretaries ICSI.

Currently there is a huge gap between the availability of company secretaries and firms’ demand for them. There are 19,582 qualified members of the Institute of Company Secretaries of India (ICSI), of which not even 50 per cent are in employment.

If I apply for CS Inter now when would I be able to sit for the CS Inter exam ???

Do I have to clear any postal papers ???

And, What's the Articleship Period in CS cource ????

1. You will be able to sit in June 09 exams.

2. You need to send 3 Test papers for each subject.

3. There is no artcleship period instead there is a industrial training post qualification


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