The Institute of Company Secretaries of India (ICSI) on December 18, 2023 published the ICSI (Management and Development of Company Secretaries in Practice) Guidelines, 2023
These Guidelines shall come into force from December 15, 2023
The following has been stated namely: -
• These guidelines aim towards guiding and regulating the conduct of Company Secretaries in Practice with a view to enhance and ensure the highest quality and standards of service delivery
• These Guidelines shall apply to the following namely: -
a) Company Secretary in Practice.
b) Firms of Company Secretaries in Practice.
• The following objectives of the Guidelines have been stated as follows namely: -
(i) Guide the member in establishing a successful and thriving Practice with a special focus on developing skills and building expertise in rendering services to the stakeholders.
(ii) Devise a uniform structure for holding an Orientation Programme for members who are desirous of obtaining a Certificate of Practice
• It states that a member who is in employment evidencing a master-servant relationship with the employer or contract of service or is practicing as a chartered accountant or cost accountant or enrolled as an advocate with any Bar Council or is in some other gainful employment, is not entitled to obtain or hold Certificate of Practice
• These Guidelines consolidate all the relevant and updated Guidelines as applicable along with the processes involved therein in a coherent manner that ensures ease of reference and enhanced comprehension, the same are available at https://www.icsi.edu/media/webmodules/ICSI_Guidelines_15122023.pd
