NEW TRAINING STRUCTURE
The new training structure as per Regulation 46BA and 46BB under The Company Secretaries (Amendment) Regulations, 2020 is effective from 03rd February 2021
Students shall be required to complete the following training requirements, as per the new training structure:
a) Executive Development Programme (EDP) of one month duration after passing of Executive Programme examination;
b) Practical Training for Twenty One months after completion of Executive Development Programme on whole time basis during normal working hours,-
i. in a company having a Company Secretary in whole time employment or any other company fulfilling such criteria as may be determined by the lnstitute; or
ii. under a Company Secretary in whole-time practice fulfilling such criteria as may be determined by the lnstitute; or
iii. in any other body corporate or institution or organisation or entity fulfilling such criteria as may be determined by the lnstitute;
c) After passing the Professional Programme Examination, a Corporate Leadership Devetopment Programme (CLDP) for not less than thirty days but not exceeding sixty days as mav be determined bv the lnstitute.
EXECUTIVE DEVELOPMENT PROGRAM (EDP)
What is the training duration of EDP under New Training structure as per Company Secretaries (Amendments) Regulations, 2020
The EDP is for a period of 30 days, out of which 15 days EDP needs to be completed in classroom mode in CCGRT/CoE/ROs/ Chapters (upto the level of Gold Chapter) and 15 days e-EDP through online mode at ICSI e-learning portal. The students can do both the classroom mode EDP as well as e-EDP simultaneously.
Can I undergo 15 days e-EDP along with 15 days classroom EDP
Yes, students may undergo e-EDP along with classroom EDP as e-EDP is available through LMS. The students may register for e- EDP through the https://stimulate.icsi.edu and can access the program on ICSI e Learning Portal.
I have already undergone 15 days Academic programme as per earlier/modified training structure. Should I again undergo the 30 days EDP
The students who have already completed their 15 days Academic Program under previous training structure or have been granted exemption there form and switching over to new training structure are exempted to undergo 15 days classroom EDP under new training structure. However, they are required to complete 15 days e-EDP program.
How do I claim the benefit of 15 days Classroom based EDP in lieu of 15 days Academic Program under modified training structure
To claim the benefit of 15 days Academic Program, a student has to upload the 15 days Academic Program certificate through stimulate portal through the tab of short term training upload the completion certificates
How to register and undergo e-EDP
The Institute has launched e-EDP through its e-learning platform which works on anytime, anywhere basis. The Instructions related to (e-learning) are available on the website of the Institute
How much is the fees for e-EDP
The fees for e-EDP is Rs. 2000/-
What is the duration of Practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
The duration of practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020 is twenty one (21) months.
After 3rd February, 2021, can I immediately start my practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
The students can start their practical training only after completing one month EDP.
How many leaves are allowed in 21 months training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
As per the Guideline, a total number of 52 leaves are allowed in 21 months training under New Training structure.
Do the Students who are already undergoing training in accordance with the provisions of the earlier/modified training structure are required to switchover to new training structure
A student who is undergoing training in accordance with the provisions of the earlier/modified training structure may continue and complete the training in accordance with the said structure, provided that such student at his discretion may switch over to the new training structure under the CS (Amendment) Regulations, 2020
I registered in CS Executive in 2014 but not yet started any training. Will the new training structure be applicable to me
Student who irrespective of the date of his registration to Executive Programme or Professional Programme, has not commenced his/her training within the period as prescribed in notification ICSI/Trg/2020 dated 03rd Aug, 2020 which was extended up to 02nd Feb 2021, shall compulsorily be switched over to New Training Structure under the CS (Amendment) Regulations, 2020 w.e.f. 03rd Feb 2021.
I am a CS executive pass student, completed 06 months of my training out of 15 months training and discontinued the same. Can I complete my balance training of 9 months in previous structure or do I need to register under New Training structure
On or after 3rd Feb 2021 you are required to continue your balance training under New Training structure as per Company Secretaries (Amendments) Regulations, 2020. But you have to complete one month EDP prior to starting the balance training.
If I clear my Professional Programme examination in February, 2021, can I be allowed to undergo the 12 months training as per modified training structure
No, you have to undergo 21 Months Practical training which is applicable from 3rd Feb, 2021
Which all entities are eligible to impart practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
Types of various entities eligible for imparting training is given at the link:
What is the time limit provided by the Institute for submitting training related documents under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
The time limit for submission of training contract/appointment letter is 100 days of commencement/joining of their training. Any Delay in training registration with the Institute, which is more than 100 days will be considered as Dummy Training and Training of such candidates will not be considered by the Institute.
What is the minimum amount of stipend payable to the students during training period under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
Monthly Stipend to be paid is given herein:
i)If undergoing training under PCS - Minimum amount of Rs 3000/- per month
ii) If undergoing training at Company /other entities Minimum amount of Rs 4000/- per month
What are the working hours while undergoing practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
The candidates undergoing Practical training shall be required to work during normal hours which shall not be less than 8 hours a day for 5 days or 40 hours in a week for a total period of practical training.
How many transfers are allowed during the period of 21 months long term practical training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
Maximum 02 (two) transfers shall be permitted during the entire duration of training under New Training structure as per Company Secretaries (Amendment) Regulations, 2020
What is the eligibility for a CS in practice/company to engage trainees
(a) The trainers – Corporates / Practising Company Secretary will be enrolled on the basis of eligibility criteria i.e. adequate infrastructure, clientele, work profile, turn-over, etc., to ensure the quality of the trainers.
(b) A company having a company secretary in whole time employment and minimum paid up capital of Rs 50 Lakhs or any other company having a paid up capital of in accordance with the provision made in Rule 8 (A) and amendments made by the MCA from time to time.
(c) A Company Secretary in whole time practice having at least one year of experience as member in employment or practice and having adequate infrastructure.
(d) LLP, General LLP, CS Non Attestation LLP having not less than half of its partners are members of ICSI and having net worth/capital contribution/turnover of not less than Rs 50 lakhs
(e) any other body corporate or institution or organization or entities fulfilling the criteria as may be determined by the Council;
What is the procedure of taking Transfer from One trainer to another trainer
A student has to give a notice of minimum 45 working days to his trainer in writing by giving the reason for the same. Resignation letter must be handed over personally against proper acknowledgement receipt. It can also be sent by speed post / Registered post.
When to submit the project report
A candidate will prepare a Project Report on the basis of his practical training under the guidance of his/her trainer and submit the Report to the Institute in stimulate portal. However, The trainees will be required to submit the project report at the time of Corporate Leadership Development Programme (CLDP). The project Report shall be assessed by a panel of experts at the time of CLDP. The assessment shall be made through a five point grading system.
What is the process of submitting quarterly report
The trainer through the Online Mode shall submit quarterly report to the Institute regarding the progress of the Trainee. The trainer has to submit the quarterly report within 30 days of ending of each quarter. However, the trainee will pursue the matter with the trainer to get it completed in time.
CORPORATE LEADERSHIP DEVELOPMENT PROGRAM (CLDP)
What is CLDP and its eligibility to register
CLDP is Corporate Leadership Development Programme. All students after passing Professional Program and completing their Practical training and one month EDP or exempted there from are required to undergo and complete 30 to 60 days Corporate Leadership Development Program (CLDP) as may be decided by the Institute before applying for ACS membership.
What is the procedure of qualifying the viva voce
The Project Report/ Research Report shall be prepared by the candidate under the guidance of his/her trainer and there shall be a viva voce on that project report during the CLDP by the experts.
The Project report and viva-voce shall be graded as following :-
A+ : Outstanding
A : Very Good
B+ : Good
C: Needs Improvement & Resubmission
EXEMPTION FROM PRACTICAL TRAINING:
When do I apply for training Exemption
Student after passing CS Professional Examination can apply for exemption from 21 month + 1 month EDP training under new guideline for claiming exemption as per the Company Secretaries (Amendments) Regulation, 2020 from 03rd Feb, 2021 through online portal https://stimulate.icsi.edu.
I am under old /modified training structure need to apply exemption from training after 2nd Feb, 2021, which guideline will be applicable to me
You can apply for exemption from 21 month + 1 month EDP training under new guideline for claiming exemption as per the Company Secretaries (Amendments) Regulation, 2020 from 3rd Feb, 2021 through online portal https://stimulate.icsi.edu.
I have already applied for exemption and partial exemption has been granted to me. How to apply for exemption from partial training. Is it coming under the Company Secretaries (Amendments) Regulation, 2020
You can apply for partial exemption as per old regulation through stimulate portal. There is no fee for balance training exemption.
I have already applied for exemption by paying Rs.10,000/- (Ten Thousand) online, the application is showing status as pending/ call for. Do I need to apply again
No, all applications showing status as pending / call for will be considered as per old regulation and guideline.
If my exemption application has been rejected under previous training structure, can I re-apply for exemption under previous training structure
No, You can apply for exemption as per the Company Secretaries (Amendments) Regulation, 2020 from 3rd Feb, 2021 through online portal https://stimulate.icsi.edu.
What all new eligibility criteria for claiming exemption from training under New Guideline
Please check the guideline for eligibility criteria and document requirement for claiming exemption from training available in our website
What documents are required to be submitted at the time of applying for exemption under new guideline
1. Apply through stimulate https://stimulate.icsi.edu
2. Fees of Rs.20,000/- online payment through stimulate
3. For detail of document and eligibility criteria for claiming exemption, please refer the new guidelines at https://www.icsi.edu/student/training/exemption-under-new-regulation-2020/
What should be the format and maximum size for uploading the document in stimulate portal
Document should be submitted online through https://stimulate.icsi.edu and it should be uploaded duly selfattested in PDF, JPEG, JPG, PNG format, Maximum size of the document can be 3.5 MB)
Is there any format for experience certificate
Please refer the guideline available on the website under Practical Training Exemption -detail of document and eligibility criteria for claiming exemption,
What is the Fee for the exemption application and its applicability? The fee is refundable or not
Rs 20,000/- fee is applicable under new training structure. (80% of fees will be refunded, if student is not found eligible for exemption from training) fees is not applicable if applied for exemption from 15 days specialized training or incase already been granted exemption from more than 12 month of training and applying for exemption from balance training.
What all documents are required to be submitted along with the application of exemption under new guideline
For detail please check the guideline as different documents are required as per the eligibility criteria. In general the following documents are required a. Fee Rs. 20,000/- towards application fees b. Experience certificate having designation, duration of service, pay scale, detail of work profile to assess the experience. The experience certificate should be signed by either the HR head or by the Authorized signatory of the company/firm as the case may be. The name and designation of the Authorized signatory need to be mentioned in the experience certificate. c. Copy of Annual report of the organization for any two financial year between the service period served in the 12 | P a g e organization or Audited Balance sheet of the organization for any two financial year between the service period served in the organization or Balance sheet of the organization for any two financial year of the service period served in the organization downloaded from MCA site duly certified by the ROC.
Is there any exemption from long term training on the basis of three years of CA Articleship
Is there any exemption from long term training on the basis of work experience in CA Firm or Law Firm
Is there any exemption from MSOP/ CLDP
No, MSOP or CLDP is a mandatory training. There is no exemption from the same.
How do we get the status of the application of exemption
You can check the status on the student stimulate portal under exemption grid.
How do we get the letter for exemption
After Approval, the exemption letter will be generated from stimulate portal. The candidate can download it from the portal.
Is there any exemption available from one month EDP separately under new training structure
The exemption is available from 21 month training and 1 month EDP. There is no separate exemption available for 1 month EDP. Further the student who have already completed 15 days Academic Programme can refer the circular number TRG-07/2020 on the website through the link https://www.icsi.edu/media/webmo dules/circular_7.pdf
I have claimed exemption under New Regulation, 2020. Can I do e- MSOP in place of CLDP
No, you need to do CLDP only as per the new Training structure.