Our members are in public listed and private limited companies, corporate secretarial firms, legal practices, international accounting firms, tertiary institution, civil service and government regulatory bodies.

One of the aims of the Association is to promote and advance efficient administration in the corporate world and industry through the development of the study and practice in chartered secretaryship and professional administration.

SAICSA MISSION:

To promote the highest standards in Chartered Secretaryship and to represent and support the Profession.

SAICSA OBJECTIVES ARE:

• To qualify people as Chartered Secretaries in accordance with a comprehensive and relevant scheme of examination, practical experience and continuing professional development;
• To set and promulgate the highest standards of propriety and best practice in the Profession;
• To raise the profile of the Profession through an increased awareness of the contributions made by Chartered Secretaries in all types of organisation;
• To provide high quality support in secretaryship to both organisations and individuals.

Source: http://www.saicsa.org.sg/english/aboutsaicsa/aboutsaicsa.asp

Recognition has been accorded to Chartered Secretaries in Singapore in:

Companies Act (Cap. 50) Section 171 (1) (1A) (1AA) (c):

171.

(1) Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore.

(1A) It shall be the duty of the directors of a company to take all reasonable steps to secure that each secretary of the company is a person who appears to them to have the requisite knowledge and experience to discharge the functions of secretary of the company.

(1AA) In addition, it shall be the duty of the directors of a public company to take all reasonable steps to secure that each secretary of the company is a person who

(c) is a qualified person under the Legal Profession Act (Cap. 161), a public accountant, a member of the Singapore Association of the Institute of Chartered Secretaries and Administrators, or a member of such other professional association as may be prescribed; ……”

Business Trust Act (Cap 31A) Section 7 (1) (b):

“7. (1) The trustee-manager of a registered business trust shall ensure that its secretary is a person who (b) is a qualified person under the Legal Profession Act (Cap. 161), a public accountant, a member of the Singapore Association of the Institute of Chartered Secretaries and Administrators or a member of such other professional association as may be prescribed; …”

Source: http://www.saicsa.org.sg/english/aboutsaicsa/saicsastat.asp

1. Law Degree (LLB/BL/BGL);
2. Other Law Degree (MBL/BAL);
3. Chartered Accountancy (CA);
4. Cost Accountancy (CWA);
5. Management Degree in Finance (MBA (Finance) / MFM);
6. Management Degree in HR (MBA (HR) / MHRM);
7. Specialized Certifications in Finance / Capital Market (NCFM/AMFI);
8. Global Qualifications (CIMA/ICSA);
9. Specialized Diplomas in Portfolio Management / Banking / Computer Applications / Insurance / IPR / Human Rights / Operations Research;
10. General / Specialized Post Graduation in Commerce (M.Com).

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ICSI has got Limca Book of Record Award under Education Category for introducting First/ only Company Secretary (CS) course.

The Institute of Company Secretaries of India (ICSI) with the headquarter in New Delhi and 36 chapters in various cities of India was constituted under the Company Secretary Act 1980 to develop and regulate the profession in the country.

http://www.limcabookofrecords.in/record_gallery.asp?sid=2231&catname=Education

As per the Companies Act 1956, if the company is having more than Rs. 5 crore of paid up share capital, it is mandotary to appoint a full time Company Secretary, and if company has a paid up capital of Rs. 10 lakhs and more but less than Rs. 5 crores, it has to file with Registrar of Companies a compliance certificate from a Practicing Company Secretary.

Retrieved from “http://en.wikipedia.org/wiki/Institute_of_Company_Secretaries_of_India”

Key Managerial Personnel (Clause 178) 

A Company Secretary is a KMP, as defined in clause 2(zza):

· Clause 2 (zza) -

“Key Managerial Personnel, in relation to a company, means—
(i) the Managing Director, the Chief Executive Officer or the Manager and where there is no Managing Director or Manager, a whole-time director or directors;
(ii) the Company Secretary; and
(iii) the Chief Financial Officer;”

As per clause 178 of the Companies Bill, 2009, every prescribed company shall have whole-time Key Managerial Personnel. As per clause 2(zza) of the Bill, 2009, Company Secretary along with MD/CEO and CFO is a Key Managerial Personnel. Therefore, as per clause 178 read with 2(zza) all the three Key Managerial Personnel i.e. MD/CEO, CS and CFO are required to be appointed in every company belonging to such class or description of companies as may be prescribed.

The Society of Corporate Secretaries and Governance Professionals, Inc. (the “Society”), founded in 1946 as the American Society of Corporate Secretaries, has over 3,800 members representing approximately 2,600 companies. Its members deal with public disclosure under the securities laws and matters affecting corporate governance, including the structure and meetings of the board of directors and its committees, the proxy process and the annual meeting of shareholders and shareholder relations, particularly with large institutional owners.

The Society acts as a positive force for enlightened corporate governance and changed its name to the Society of Corporate Secretaries and Governance Professionals in January 2005 to demonstrate the importance it places on this key mission.

The Society comments regularly on proposed and existing rules and regulations of governmental agencies and other bodies, and occasionally on legislative matters in areas of particular interest to members. It also promotes and assists in the voluntary exchange of information and experience relating to the duties, problems, and practices of corporate secretaries and their companies through the Society’s committees, chapters, publications and research, and its seminars and conferences.

The Society functions in large part through the contributions in time and effort of its members, most often through participation in the activities of its 25 local chapters or its several national committees. The National Office staff provides research and administrative support, publishes Society reports, surveys and other documents developed by member committees, produces a newsletter and other publications, and is generally responsible for all financial, membership and other administrative matters attendant to the operation of a large professional organization.

Membership benefits, in addition to timely and informative publications, include:

Networking with colleagues, locally and at the national level
Educational seminars and conferences
Access to a reference library and research staff
Advocacy of members’ opinions before legislative and regulatory bodies
Opportunities to serve on national committees
Updates on technological developments and products, and automation assistance

For more details of the Society VISIT
http://www.governanceprofessionals.org

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

The objectives of training is to  apprise the students with the functioning of the Corporate Sector and to create a cadre of professional Company Secretaries having a sound theoretical base and practical exposure to serve trade and industry effectively, both as a part of the management team as well as independent practising professionals.

Training

Students who do not possess the specified practical experience are required to undergo on the job training for a period of fifteen months in recognised companies or under a Company Secretary in Practice duly approved for the purpose.   In addition the students are also required to undergo 3 Month practical training. The practical training is however exempted for students who have undergone 15 months training in a company or under a Company Secretary in Practice.During the training period efforts are made to develop managerial abilities with emphasis on legal/secretarial/finance areas and to build commercial orientation, problem solving approach and insight into the emerging business environment and to provide extensive practical exposure of various functions which a Company Secretary is required to perform.

Most importantly, stress is laid on building self confidence in the trainees to enable them to deal with routine as well as crisis situations without undue dependence on external help. 

A large number of companies and Company Secretaries in Practice located all over India have been empanelled for imparting training to the students of the Institute. ]]> http://www.cscareer.org/?feed=rss2&p=9 0 http://www.cscareer.org/?p=4 http://www.cscareer.org/?p=4#comments Sat, 05 Jun 2010 03:55:49 +0000 admin http://www.cscareer.org/?p=4

Career as a Company Secretary is not only prestigious and  financially rewarding  but also carries  with  it a high level of job satisfaction. 

Stages to become a Company Secretary

The student who would like to join the Course after 10+2 has to undergo three stages to pursue the Company Secretaries Course i.e. 

Foundation Programme, Executive Programme & Professional Programme. 

In addition, the student has to undergo Practical Training  for about 15 months which a student may opt to start after passing the Executive  Programme.   

The Student who would like to join the Course after passing the Graduation has to undergo two  stages of the Company Secretaryship i.e.                                                                                          

 Executive Programme & Professional Programme.

Besides, the student has to undergo Practical Training  for about 15 months. 

Foundation Programme which is of eight months duration can be pursued by 10+2  pass students of Arts, Science or Commerce stream. Executive Programme can be pursued by a Graduate of all streams except Fine Arts.  

Professional Programme can be pursued only after clearing the Executive Programme of CS Course.  Training: A Student has to undergo 15 months Management Training in Companies sponsored by the Institute after passing the Executive  or Professional Programme or under the guidance of a Company Secretary in Practice.  

After qualifying Professional Examination and on successful completion of training a candidate is admitted as an Associate Member of the ICSI and can use the letters ACS after his/her name i.e. Associate Company Secretary. Admission to the CS Course is open throughout the year.  Examinations are held twice a year in June &  December.