The Institute of Company Secretaries of India (ICSI) has announced a special measure to waive any shortfall in mandatory Continuing Professional Education (CPE) credits for the financial year 2020-2021. This decision was made as a concession due to the ongoing challenges posed by the COVID-19 pandemic. The waiver applies to both structured and unstructured CPE credits and is a one-off exception.
On account of the continuing pandemic situation, the Institute of Company Secretaries of India as a special case has decided to waive the shortfall from the requirement of securing mandatory CPE Credits (both structured unstructured) for the financial year 2020-2021. Read the official announcement below:
WAIVER OF SHORTFALL FROM SECURING MANDATORY CPE CREDITS FOR THE FINANCIAL YEAR 2020-21
Dear Professional Colleague,
The ICSI (Continuous Professional Education) Guidelines, 2019 were i
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FAQ :
ICSI has decided to waive the shortfall from the mandatory CPE credit requirement for the financial year 2020-2021.
The decision was made as a special case due to the continuing pandemic situation and the difficulties it posed in fulfilling the mandatory CPE credit requirements.
Yes, the waiver applies to all members of the Institute, except those specified in para 5.1 of the ICSI (Continuous Professional Education) Guidelines, 2019.
The waiver covers the shortfall in both structured and unstructured CPE credits for the financial year 2020-2021.
No, ICSI has stated that this relaxation is an exceptional measure and may not be considered a precedent for future years.