Category Archives for "CS Professional"

NCLT and NCLAT – Applicability in CS December 2016 exams

Notifications/Amendments /Changes came into force six months prior to the exams will be applicable for that exam.

National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) were notified by the Ministry of Corporate Affairs vide notification dated 1st June, 2016. Further the NCLT Rules and NCLAT Rules, 2016 were notified by MCA on 21st July, 2016.
In this regard ICSI has issued an announcement Continue reading

Paper-wise exemptions on switch over – CS Professional

As you may aware that last examination under old syllabus (2007) was held in June 2016. From December 2016 onward, students under old syllabus will be required to appear under new syllabus (2012). All students (who are yet to clear all modules after declaration of results on 25.08.2016) under old syllabus will be compulsorily switch-over to new syllabus.

However, corresponding paper wise exemptions will be available to those papers on which a student has already cleared under old syllabus.

List of paper wise exemptions available on switch-over is as follows Continue reading


Applicability of GST in CS December 2016 Exams

‘Did GST is applicable for CS December 2016 exam’ is the query, which this article attempts to answer.

Tax Laws are included in the syllabus of ICSI for ‘Company Secretary’ course at two levels

  1. Tax Laws and Practice in Executive level in which Direct Tax constitutes 70 marks and Service and Sales Tax constitutes 30 marks. And
  2. Advanced Tax Laws and Practice in Professional level in which Direct Tax constitutes 30 marks and Indirect Taxes constitute 70 marks.

GST is particularly important for CS students as it replace a major area of Advanced Tax Laws and Practice of Professional level and small area in Tax Laws and Practice of Executive level.

In a nutshell it replaces the Indirect Tax Laws of both subjects.

When it comes to the topic, Continue reading

Optional Subject in Professional Programme of ICSI


First, I congratulate you in clearing executive level

When it comes to registration to professional programme, main hurdle you may face may be of selecting an optional subject which will aid you in your career growth as a CS/PCS (for some it may be about a scoring subject which may be used to clear third module). Whatever be the reason you will be required to select a subject.

Following are the optional subjects available in third module

1. Banking Law and Practice
2. Capital, Commodity and Money Market
3. Insurance Law and Practice
4. Intellectual Property Rights-Law and Practice
5. International Business -Laws and Practices.

Before getting into the main context, following are the main features of optional subject.

  • Institute of Company Secretaries of India takes the lead among the professional institutions in launching open book examination. Open book examination allow students to make use of hardcopy materials like Study Material, Scanners, Bare Acts, Class Notes etc…while answering the questions.
  • Any student can change their optional subject any time. (request for change in optional subject shall be given before submitting exam application form)
  • Appearing on open book examination with the intention of simply writing as stated in study material (ie reading from the study material and writing in answer book simultaneously) may not serve purpose. Most of your time will be consumed for reading and then writing the same on your answer paper. Instead you should study the optional subject in advance like other subjects in professional level.

A brief analysis of optional subjects are given below Continue reading