Dear Members and Students,
Content in this Page
ICSI Extension in the period of compulsory switchover from old to new Training Structure
ICSI The Company Secretaries (Amendment) Regulations, 2020 (hereinafter referred to as the ‘Amendment Regulations’) were implemented w.e.f. 3rd February, 2020 Wcfe Notification of the Ministry of Corporate Affairs dated 3rd February, 2020.
As per the provisions of the Amendment Regulations, students who had enrolled prior to the enforcement of these Regulations were given an option to commence their Practical training within a period of six months from the date of commencement of the Amendment Regulations.
However, keeping in view the ongoing situation of COVJD-19 and lock down in the country, the difficulties facing students in search of practical training before 3rd August, 2020 are well understood.
Additional 6 Months Time to Switchover
In view of the requests received from students to extend the period of commencing their practical training, the council in its meeting held on 29.06.2020 recommended that a proposal be placed before the Ministry of Corporate Affairs for granting an additional time period of six months to students to begin their training under previous training structure.
New Due Date to Switchover is 2nd Feb 2021
On behalf of all the students I extend my deep gratitude towards the Ministry of Corporate Affairs for kindly acceding to our request and extending the period of compulsory switchover of training as prescribed under the Amendment Regulations for another period of six months (i.e., upto 2nd February, 2021).
15 Days Online Mode EDP
Also, since students cannot start their practical training of 21 months without completion of 1 months Executive Development Programme (EDP), in view of the ongoing situations they shall be allowed to complete 1 5 days EDP in online mode and the remaining 15 days of EDP in classroom mode within 6 months of starting their long term training.
I hope that the same shall prove to be helpful for our future Governance Professionals. Wishing you all the best in your future endeavours for as we at ICSl have always said, “Together we can. Together we will. ”
For more CA / CMA / CS updates – Follow us on Telegram – https://t.me/finupdates