Hello All
I am 53 now and took Voluntary retirement from a Pvt Company. Back of my mind I had an idea of doing CS all along my career which never materialised. But I still have that burning desire within me to do the profession. But before that I want to know, if I could succeed in my efforts, say in another 5 years or so, what is the scope available for me (example, ,practising, consulting etc.) however small to cherish my dream for the rest of my life.
To determine the scope of pursuing a Company Secretary (CS) qualification at age 53, it is helpful to look at the professional reality of the role.
Professional Practice: As a qualified Company Secretary, you can obtain a Certificate of Practice (COP) from the Institute of Company Secretaries of India (ICSI). This allows you to set up your own firm and offer services such as:
Secretarial Audits: Mandatory for many companies, providing a consistent source of work.
Corporate Law Advisory: Helping SMEs with compliance, incorporation, and restructuring.
Drafting & Documentation: Assisting in the preparation of legal agreements, board minutes, and regulatory filings.
Representation: Representing clients before various tribunals (like the NCLT) or regulatory bodies.
Consulting Role: Your previous experience in a private company is a major asset. Combining that industry knowledge with the technical legal expertise of a CS makes you a valuable consultant for corporate governance, risk management, and compliance training.
Flexibility: Starting a practice allows you to control your workload. You can choose to work with a few select clients, which can be less demanding than a full-time corporate role while still keeping you professionally active and intellectually challenged.
Entry Barriers: The CS course is rigorous. Passing the examinations requires significant time, dedication, and study, which are the main hurdles regardless of age. If you are prepared for the academic commitment, there are no age-related barriers to registering or completing the course.
While the traditional corporate career path (employment) might be challenging due to age-related hiring biases, there is definitely scope in independent practice and specialized consulting. By leveraging your past industry experience alongside the CS qualification, you can build a sustainable and fulfilling practice that caters to compliance needs for small and medium-sized enterprises.
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