ICSI -Membership Credit Hours
Sakshi Vaid
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Ramaswami Mohan
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CS A Rengarajan
ATTENTION MEMBERS !
Compulsory Attendance of Professional Development Programmes by the Members
The Council of the Institute at its 200th Meeting held on March 18, 2011 at New Delhi amended the Guidelines for Compulsory Attendance of Professional Development Programmes by the Members to provide as under:
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Next block of three years |
April 01, 2011 to March 31, 2014 |
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Min. number of Programme Credit Hours (PCH) to be acquired by Members in Practice |
15 PCH in each year or 50 PCH in a block of three years w.e.f April 01, 2011 |
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Min. number of PCH to be acquired by Members in Employment (i.e. members in whose name Form 32 has been filed to work as Company Secretary under the provisions of Sec. 383A of the Companies Act, 1956) |
10 PCH in each year or 35 PCH in a block of three years w.e.f April 01, 2011 |
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Min. number of PCH to be acquired by Members above the age of 60 years |
Presently the members of the age of 65 years are not required to obtain PCH. This age limit stands reduced to 60 years and the members above the age of 60 years shall be required to obtain 50% of the PCH required to be obtained by the members below 60 years w.e.f April 01, 2011. |
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Members failing to obtain the mandatory PCH upto March 31, 2011 |
Provided with a shortfall upto 10 PCH and required to compensate by obtaining atleast 5 additional PCH on pro rata basis in the first year of the next block of three years commencing from April 01, 2011. |
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Members who have not obtained any PCH during the block ending on March 31, 2011 |
Members seeking renewal of CoP to provide an explanation for non compliance with the Guidelines – to be decided on case to case basis. |
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Carry forward of the excess PCH if the member has already completed the mandatory PCH upto December 31, 2010 and continued to attend Professional Development Programmes during January – March, 2011 |
The Guidelines for Compulsory Attendance of Professional Development Programmes by the Members do not provide for carry forward of PCH from one block of three years to the other. If any member had obtained the mandatory PCH upto December 31, 2010 and continued to attend Professional Development Programmes during January – March, 2011, then in such case the PCH obtained by such member during January – March, 2011 would be treated as having been obtained in the first year of the next block commencing from April 01, 2011. |
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Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
Find eNewsletters of ICSI Mysore at: www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx
Company Secretary, Chennai
email csarengarajan@gmail.com
SHARING KNOWLEDGE SKY IS THE LIMIT
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shraddha shukla
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with regards
Shraddha Shukla
Practicing Company Secretary.
Corporate Law consultant.
