cs foundation course · reiteration of the concept of gender equality and the furtherance of...

CS Foundation Course (e-bulletin for Foundation Programme Students)

March 2020

Inside this Issue

Academic

Guidance

Student Services

Examination

“At the end of the day, you can either focus on what’s tearing you apart or what’s

keeping you together.”

Dear Students,

The month of March is ordinarily marked by a variety of celebrations. Be it on account of the International Women’s Day or the Festival of Colours. While the first one is a day marked by the reiteration of the concept of gender equality and the furtherance of initiatives for the achievement of the same, the second marks the onset of the season of spring.

However, the month of March, 2020 has been one filled with trials and tribulations for not just the Indian populace but for the entire world. The recent outbreak and even further the fast paced spread of the Coronavirus Disease (COVID-19) has warranted the need for unprecedented measures at a global level. As far as the Indian scenario is concerned, the nation has gone into a situation of complete lockdown, which is a clear indication of the seriousness of the problem at hand.

As a proactive institution, the ICSI too has taken multiple facilitation measures for its stakeholders including its students. On one hand, where the face-to-face support services had been suspended long before the imposition of the lockdown and queries were being resolved through the Support portal; a temporary relaxation has been provided to our students in complying with the requirement of Pre-Examination Test and One Day Orientation Programme for enrolment to June, 2020 session on the other.

Times such as these, though are a rare occurrence; yet they are a reminder of the fact that before representing a certain nation, culture, religion, caste or creed, all of us represent a common group, i.e., the mankind. While the circumstances might have bound you all within the four walls of your homes, but to me these days have presented all of us with a unique and lucrative opportunity. We all have been bestowed with a vast expanse of the most expensive thing in this world, i.e., time. I would not just request but urge each one of you to utilize these given moments, to not only develop your core capabilities, your professional abilities, but hone yourself into becoming a better person.

It is in times like these that we get the opportunity to pursue our hobbies, our interests and our aspirations. And even more to try to prepare ourselves for the kind of future we seek.

With all these suggestions in line, and hoping that we all shall come out of this sooner than expected, I would close my words with the most important mantra:

Stay home, Stay Safe !!!

Wishing you all health and safety.

With Best Wishes

CS Ashish Garg President The Institute of Company Secretaries of India

Message from the President

e-bulletin - March 2020 1

Academic Guidance

E-BANKING IN INDIAN BANKING SECTOR*

Introduction

E-Banking has become an integral part of the global financial environment. Improvement in technologies and financial innovations has made E-banking an intense part of the banking sector. “As day by day increasing the technologies are also increasing”. Technology has become the fuel for rapid change.

In earlier times, the banking customers were required to visit in a bank in order to transact their accounts in the bank but now by the help of E-Banking the customers do not need to visit in a bank and with the help of internet, customers can easily transact their accounts from anywhere. E- Banking is playing a major role that it’s improving the service quality and strengthens the banking sector because of the electronic payment there is increase in customer satisfaction level, increased productivity, reduction in cost of banking operations, settlement faster and in large volumes. The world has become a global village and it has brought a revolution in the banking industry because of increasing in the development of information technology.

Benefits to customers by providing e- banking services

1. E- Banking has helped greatly for the payment of utility bill now customers do not need to stand in long queues outside banks for this purpose.

2. Banking services are available 24 hours a day, seven days a week. 3. Customers can easily access their accounts through internet by sitting at home or office. 4. Now a customer can buy online or shop worldwide without carrying paper money with him

due to the growth of credit cards usage owes to e-banking. 5. Customers can also do their bank balance enquiry through internet.

Top 5 trends for digital payments in 2020

Here are the five key technology trends that we expect to shape the digital payments landscape in 2020.

a) The Hyper-Connected World

As technologies like 5G roll out, lightning-fast connectivity will become more usual – though not omnipresent. Businesses outside the conventional retail system will be able to take advantage of this by selling services and products to customers, near instantly, from anywhere. From an India perspective, the framework for 5G is underway, and is expected to help businesses investing in AI, data and 5G to run simultaneous processes and transactions all at once. Furthermore, the internet of things (IoT) could become a dominate force in micro-payments by transforming connected devices into payment channels.

*Dr. Akinchan Buddhodev Sinha, Assistant Director, ICSI.

The views expressed are personal views of the author and do not necessarily reflect those of the Institute.

2 e-bulletin – March 2020

b) Indian Banking will Experience Significant Disruption with Consolidations

Two major factors – UPI and banking consolidation – have begun to remarkably impact the Indian banking this year and would continue well into the year 2020. From April 1st, we will witness the birth of massive banking entities, with mergers of three public sector banks – Union Bank of India, Andhra Bank, and Corporation Bank. Earlier this year, State Bank of India merged its five associate banks and Bharatiya Mahila Bank. Bank of Baroda later joined the fray by merging Dena Bank and Vijaya Bank with itself. With the advent of these mega banking entities, the rise in dominance of NBFCs among retail and small business credit, the explosion of digital payment methods led by UPI, and the pressure to continuously optimize operations, Indian banks would need to significantly invest in building digital capabilities to sustain and develop core differentiators.

To pave way for growth in 2020, Indian banks would need to optimize and upgrade their core technologies to embrace the concepts of open banking. Banks would continue to leverage open APIs to create horizontal stack with fintech partners for customer interface, product & services, and infrastructure to cater to the growing digital payments demand. BCG suggests that by FY22-25 UPI will account for 59% of the market share for payments in the country, up from 17% this year. The quantum of opportunity can be gauged by the fact that only 10% of the UPI transactions in FY19 were accounted for by banks. The rest were initiated by consumer-facing fintech apps.

c) The Digital Disruption of POS – The Impact of eCommerce

The state of merchant POS (Point of Sale) is an interesting story in India. Industry experts suggest that while there are about 80-odd million MSME merchants, merely about 5 million POS machines are in operation. Though the POS ecosystem in the country seems to have doubled over the last five years – to about 4 million in FY19, and the Reserve Bank of India expects the number to cross 5 million by the end of 2021, the dissemination of traditional POS remains weak in terms of availability and viability. Moreover, according to reports, the POS share may dip from 20% of the current payments market to about 14% in FY22-25. Banks are also witnessing a sharp decline in the usage of cards at conventional POS terminals and ATMs.

Interestingly, digital payments in India seem to grow at a CAGR of 12.7% as per KPMG and may jump to Rs. 4,055 trillion in FY24 with a five-year CAGR of 20% according to CRISIL Research. POS is undoubtedly experiencing disruption with digital payments. The year 2020 will see an explosion of the digital POS ecosystem in the country, especially among the MSME segment. Many industry experts from large private and public sector banks in the country believe in FY19, more than 70% of POS registrations came from online-only merchants. Digital POS (based on NFC, RFID and QR code) will continue to grow phenomenally. In fact, with e-Commerce, digital POS may also impact the Cash-on-Delivery model and replace it with digital transactions. What may be even more interesting is that while there seems to be a decline of debit card issuance and usage, the contactless method of digital POS may result in an increased acceptance of cards (credit, debit and PPI) across smaller centres in the country.

d) Regulators to go Digital

Indian banking and financial regulatory bodies and industry enablers are increasingly embracing a wide range of AI, data gathering and analytical tools to create transparency and safety frameworks. We can already see this happening with the Reserve Bank of India (RBI) having formed a new unit to strengthen its own frameworks in the face of emerging disruptive trends like cryptocurrency, blockchain and AI. This will assist businesses and banks to monitor overall systemic activity and predict potential challenges – and avert them before they become a threat.

e-bulletin - March 2020 3

e) Cybersecurity and RPA will concentrate Primarily on Fraud Prevention & Detection

As digital payments go mainstream, financial institutions are straining hard to continuously decrease their exposure to financial crimes and be compliant with evolving regulations. Customer data breaches, absence of professional cybersecurity talent, deployment of security automation and its integration with current systems will continue to plague banks and financial services firms. The increase of ‘digital’ in the financial sector will see more calls for robust cyber protection, which will be greatly influenced by cybersecurity innovations. Enhancing cybersecurity and fraud mitigation is poised to be one of the most crucial trends in 2020.

Moreover, Robotic Process Automations will continue to impact migration activities, data security & governance, and compliance management, especially in the wake of the recent and ensuing Public Sector bank consolidations. The prime application of RPA in the coming year will be in the field of data governance and fraud detection & management. Banks and payment players would like to drive intelligent automation with RPAs by incorporating AI, ML, and adaptive analytics to enable risk managers to create real-time fraud detection systems that will be reacting and adapting to new fraud signals, driving fast decision-making and responses to emerging fraud threats. RPAs-led intelligent automation in the field of financial fraud will gain grounds in helping banks and digital payments firms to earn consumer trust.

Conclusion

With the ongoing digital drive in India, the number of users opting for online banking is expected to double to reach 150 million mark by 2020, from the current 45 million active urban online banking users in India, according to a report drafted by Facebook and The Boston Consulting Group (BCG). In a report, titled “ENCASHING ON DIGITAL: Financial Services in 2020”, the two firms have highlighted the rising influence of digital in financial services and the transformation required to make the most of this revolution. “India could not be more ready for a digital revolution in financial services – with government interventions on one hand and growing consumer awareness on the other. Wide scale adoption of digital has the potential of reducing cost of acquisition and cost of servicing to 1/10th. This can substantially improve customer level profitability and can add to retail profit pool by $3 – 3.5 billion by 2020,” said Amit Kumar, Partner and Managing Director, The Boston Consulting Group, India.

India is in the midst of a digital revolution, with Internet users going beyond just search and social networking and moving to more mature activities like online shopping and banking. Already 70 percent urban internet users are digitally influenced during financial product purchase, that is, they use at least one digital channel during the purchase journey of a financial product. In terms of digital adoption, financial services is already much bigger than other categories like consumer electronics or travel.

References:

1. https://www.financialexpress.com/industry/banking-finance/online-banking-users-in-india-to-reach-150-billion-by-2020-according-to-a-study/731048/

2. file:///C:/Users/ab%20sinha/Downloads/SSRN-id3308577.pdf

3. https://www.dqindia.com/top-5-trends-digital-payments-2020/

***

https://www.financialexpress.com/industry/banking-finance/online-banking-users-in-india-to-reach-150-billion-by-2020-according-to-a-study/731048/

https://www.financialexpress.com/industry/banking-finance/online-banking-users-in-india-to-reach-150-billion-by-2020-according-to-a-study/731048/

https://www.dqindia.com/top-5-trends-digital-payments-2020/


UPDATES /NOTIFICATIONS FROM THE INSTITUTE ARE NOW AVAILABLE ON SOCIAL NETWORKING SITES

Students can now visit the webpage of the Institute on the following Social networking sites to get details regarding various notifications and updates of the Institute.

1. Facebook

2. Twitter

3. Instagram

4. Linkedln

Click on appropriate links on home page of ICSI website to get access to these webpages.

https://twitter.com/icsi_cs

https://www.facebook.com/ICSI

https://www.instagram.com/cs_icsi/

https://www.linkedin.com/in/theicsi/

Student Services

IMPORTANT INFORMATION FOR THE STUDENTS OF THE

CS FOUNDATION PROGRAMME

SOCIAL MEDIA PLATFORM FOR COMMUNICATING WITH THE INSTITUTE

Cut-Off Dates for the year 2020

Please visit https://www.icsi.edu/media/webmodules/CUT_off.pdf

https://twitter.com/icsi_cs

https://www.facebook.com/ICSI

https://www.instagram.com/cs_icsi/

https://www.linkedin.com/in/theicsi/

https://www.icsi.edu/media/webmodules/CUT_off.pdf

e-bulletin – March 2020 5


REGISTRATION

1. VALIDITY OF CS FOUNDATION PROGRAMME ADMISSION

Foundation Programme Registration is normally valid for a period of three years from the date of registration or till student passes the CS Foundation Programme examination of the Institute whichever is earlier subject to the Regulation of the Institute, as in force from time to time. Further, New Admissions to the Foundation Programme of CS Course stands discontinued from 3rd February 2020.

(Note : Existing Foundation Programme Students shall be allowed to appear in the Foundation Programme Examinations till expiry of the validity of their registrations. Such students, after passing the Foundation Programme Examinations, may register for Executive Programme as per existing process.)

2. REGISTRATION FOR CS EXECUTIVE PROGRAMME In order to become eligible for registration as a student of Executive Programme, an applicant, who is an Indian National, shall apply in the appropriate form, along with the student registration fee, annual subscription, if applicable, education fee and such other fees, as may be determined by the Council and shall also produce proof to the satisfaction of the Council that he,-

(i) has passed Senior Secondary Examination (10+2 system) conducted by an examining

body constituted by law in India or an examination recognised by the Central Government or State Government or equivalent thereto for the purposes of admission to Bachelor’s degree course and has complied with such requirements as may be determined by the Council; and

(ii) has passed Company Secretary Executive Entrance Test (CSEET) conducted by the

Institute in such manner, mode and eligibility as may be determined by the Council or any other test or examination recognised or equivalent thereto or exempted therefrom by the Council:

Provided that from the date of the introduction of the Company Secretary Executive Entrance Test under these regulations, all the students of Foundation Programme having valid registrations immediately before the date of introduction of the Company Secretary Executive Entrance Test, may be given such relaxation for number of attempts in the Foundation Programme Examination or allowed to appear in the Company Secretary Executive Entrance Test as may be determined by the Council:

Provided further that the number of attempt or relaxation in the Foundation Programme Examination shall in no case be beyond the date of expiry of his registration.

CS Executive Entrance Test (CSEET) is being introduced which will be a mandatory qualifying test for all categories of students for registration to Executive Programme except a few exempted categories. Graduates / Post raduates, who were hitherto eligible to seek registration directly to Executive Programme, will also have to qualify the CSEET to become eligible for registration to Executive Programme.


The following categories of students shall be exempted from qualifying CSEET and can seek registration directly to Executive Programme :

a) CS Foundation Programme passed students Exemption Fee - Nil b) ICAI (The Institute of Chartered Accountants of India) Final Course passed students -

Exemption Fee : Rs.5000/- c) ICMAI (The Institute of Cost Accountants of India) Final Course passed students -

Exemption Fee: Rs. 5000/-.

More details are available at https://www.icsi.edu/cseet/

PROCEDURAL COMPLIANCE

1. CHANGE OF ADDRESS/CREATION OF PASSWORD

Students are advised to update their addresses instantly through online services option atwww.icsi.edu. Their Registration Number shall be their user Id. Students can also reset their password anytime. The process is given below.

Process 1:

Manual for Change of Mobile number, Email Id,Address and resetting password

Step 1: Log in with valid credentials at https://smash.icsi.in/scrips/login.aspx

Step 2: Change Mobile Number and Email address

http://www.icsi.edu/


Step 3:

Process 2: Process to change correspondence /permanent address

Step 1: After Log in


Step 2: To change Correspondence address

Step 3:

Note: Same process will be for changing permanent address.


Change/Reset Password Step 1: Log in with valid credentials on smash.icsi.in Step 2: Click on Profile > Change Password


2. STUDENT IDENTITY CARD

Identity Card can be downloaded after logging into the Student Portal at www.icsi.edu. After downloading the Identity card, students are compulsorily required to get it attested by any of the following authorities with his/her seal carrying name, professional membership No., designation and complete official address:

1. Member of the Institute, with ACS/FCS No.

2. Gazetted Officer of the Central or State Government.

3. Manager of a Nationalized Bank.

4. Principal of a recognized School/College.

5. Officer of ICSI.

Unattested Identity Cards are not valid and the students are advised to carry duly attested Identity Card for various services during their visits to the offices of the Institute, Examination Centres, etc.

3. REGULARISATION OF FOUNDATION PROGRAMME ADMISSION

Students provisionally admitted to the Foundation Programme are advised to upload the scanned copies of their Senior Secondary Marksheet/Pass Certificates for regularizing their admission at their online account at www.icsi.edu.Students, who have already uploaded/submitted their Senior Secondary Examination Marksheets/Pass Certificate and have not received any confirmation with regard to approval of their admission, must contact the Institute immediately either through online grievance Redressal module of the Institute quoting the following particulars:

Name

Details of Fee paid

Admission No.

Email Address

Complete Postal Address with Pincode




4. CANCELLATION OF PROVISIONAL ADMISSION

Provisional admission of the students, who fail to submit/upload the requisite proof of having passed the Senior Secondary (10+2) examinations within the stipulated time period of six months, shall stand cancelled and no refund of fee will be made.

5. DEDUCTION OF 30% OF THE TOTAL FEE REMITTED BY THE APPLICANT IN RESPECT OF REGISTRATIONS LYING PENDING FOR MORE THAN A YEAR

The Institute has decided to reject the applications of such students who do not submit the documents within one year after their registration in Foundation and Executive programme by deducting 30% of the fee remitted by them towards administrative charges after expiry of one year. Therefore it is advised that all such students may complete all formalities to approve the registrationin the stipulated time period failing which their registration applications would be rejected.

IMPORTANT ALERTS FOR STUDENTS

1. CHARTERED SECRETARY JOURNAL

The “Chartered Secretary” Journal is published by the ICSI, with a view to ensure continuous up-gradation of the knowledge of the Members. The Journal is equally important for the students of the Institute. Students who are interested to purchase the journal can subscribe for the same by remitting the nominal subscription fees of Rs. 500/- per annum. Students can either subscribe for the Journal at the time of registration in each stage of CS Course or separately through our Chartered Secretary division.

2. Details Regarding conduct of Class Room Teaching Centres at Regional Councils/Chapters

Number of Class Room Teaching Centres at Regional Councils/Chapters

Pre-exam test is exempted for students who undergo Classes at Regional and Chapter offices (Subject to the condition)

Visit: https://www.icsi.edu/media/webmodules/websiteClassroom.pdf

Classroom Teaching Guidelines :

https://www.icsi.edu/media/webmodules/04032020_Class_Room_Teaching_Guidelines_including_CSEET.pdf

“Join CSEET classes at ICSI Regional/Chapter Offices”

Visit: https://www.icsi.edu/media/webmodules/Schedule_of_Classes_for_1st_CSEET_Test_to_be_held_in_the_month_of_May_2020.pdf

**For any clarification/Assistance/Guidance you may mail to [email protected]

https://www.icsi.edu/media/webmodules/websiteClassroom.pdf



https://www.icsi.edu/media/webmodules/Schedule_of_Classes_for_1st_CSEET_Test_to_be_held_in_the_month_of_May_2020.pdf

https://www.icsi.edu/media/webmodules/Schedule_of_Classes_for_1st_CSEET_Test_to_be_held_in_the_month_of_May_2020.pdf


3. Study Centres

The objective of the Study Centre Scheme is to break the distance barrier at the end of students for availing the services from the institute. Under the Scheme, Study Centers are opened in cities /areas, wherein the Institute's Offices are not in existence. Apart from providing basic services, the Study Centres also impart coaching to the students of various stages.

The details of study centres are available at the link https://www.icsi.edu/media/webmodules/Study_Centre.pdf

4. Important Information for the Students of the CS Foundation Programme Study Material

All registered students who have uploaded their documents successfully and their application has been approved by the Institute are supplied with the set of study material. Those who have not received Study material, are therefore, advised to send their request /query through Grievance Solutions Cell or they can also download the study material from the website of the Institute at academic corner option.Details of submitting request through grievance solutions cell is given under the head “ICSI Grievance Solutions Cell”

5. Self Study

The Institute provides a set of study materials to all the students of Foundation Program for self-study purpose. Students have the option to study the subjects of their own and appear in the next examination of the institute for which they are eligible or else they can get themselves enrolled at Class Room Teaching Centers of the Institute for coaching. Classes are conducted by most of the Regional/Chapter offices of the Institute located across the country.

6. Fee Schedule

For fees details, students are advised to click on the following link

https://www.icsi.edu/media/webmodules/student/InfoBrochure_CSFndExePrgm.pdf


Attention Students !

Guidelines for Concession in Fee for Registration to CS Course to the Widows and Wards of Martyrs, Permanent Disability cases, Serving / Retired Personnel of Indian Army, Indian Air Force, Indian Navy and all para military forces

The sacrifice of the personnel of Indian Armed forces and para military forces for maintaining the security and sovereignty of the country is commendable.

In a humble endeavor of the Institute in recognizing the contribution of the serving and retired personnel and as a goodwill gesture to the families of martyrs, the Institute has decided to grant the following concessions for registration to the CS Course :

1. 100% concession in full Fee payable at the time of Registration to various Stages of CS Course and Examination Fee to the wards and widows of martyrs of Indian Army, Indian Air Force, Indian Navy and all para military forces

2. 100% concession in full Fee payable at the time of Registration to various

Stages of CS Course and Examination Fee to the personnel of Indian Army, Indian Air Force, Indian Navy and all para military forces with permanent disability as a result of participating in act of war and other missions.

3. 50% concession in full Fee payable at the time of Registration to various

Stages of CS Course and Examination Fee to all In Service/ Retired personnel of Indian Army, Indian Air Force, Indian Navy and all para military forces.

All other fee payable by the aforesaid category of students shall be as per the rates applicable to the general category students.

These guidelines shall be applicable effective from 1st April, 2019.


***


Examination

1. COMPUTER BASED EXAMINATION (CBE), JUNE - 2020

The next Computer Based Examination for Foundation Programme scheduled in June, 2020 will be held on Saturday, the 6th June, 2020 and Sunday, the 7th June, 2020 as per the following Examination Time-Table:

Day and Date of Examination

Subjects

Batch

No.

Examination Timings

From To

Saturday, 6th June, 2020

Paper -1

Paper-2

Business Environment and Law

AND

Business Management, Ethics and Entrepreneurship

I 9.30 A.M. 11.00 A.M.

II 12.00 Noon 1.30 P.M.

III 2.30 P.M. 4.00 P.M.

IV 5.00 P.M. 6.30 P.M.

Sunday, 7th June,

2020

Paper-3

Paper-4

Business Economics

AND

Fundamentals of

Accounting and Auditing

I 9.30 A.M. 11.00 A.M.

II 12.00 Noon 1.30 P.M.

III 2.30 P.M. 4.00 P.M.

IV 5.00 P.M. 6.30 P.M.

*Allotment of time-slot to each student will be made by the Institute and no request for change of time-slot will be entertained.

2. EXAMINATION CENTRES FOR COMPUTER BASED EXAMINATION– JUNE, 2020

The Computer Based Examination for Foundation Programme scheduled in June, 2020 shall be conducted at 131 examination centres, viz., 1. Agra, 2. Ahmedabad, 3. Ahmednagar, 4. Ajmer, 5. Akola, 6. Aligarh, 7.Allahabad, 8. Alwar, 9. Ambala, 10. Amravati, 11. Amritsar, 12. Asansol, 13. Aurangabad, 14. Ballary, 15. Bangalore, 16.Bareilly, 17. Beawar, 18.Belgaum, 19. Bhayander, 20. Bhilai, 21. Bhilwara, 22. Bhopal, 23. Bhubaneswar, 24. Bikaner, 25. Bilaspur, 26. Calicut, 27. Chandigarh, 28. Chennai, 29. Chittorgarh, 30.Coimbatore, 31. Dehradun, 32. Delhi (East), 33. Delhi (North), 34. Delhi (South), 35. Delhi (West), 36. Dhanbad, 37.Durgapur, 38.Ernakulam, 39. Faridabad, 40.Gandhidham, 41.Gandhinagar, 42.Ghaziabad, 43.Gorakhpur, 44. Guntur-Amaravati, 45.Gurgaon, 46. Guwahati, 47. Gwalior, 48. Hisar, 49. Hooghly, 50. Howrah, 51. Hubli-Dharwad, 52. Hyderabad, 53. Imphal 54. Indore, 55. Jabalpur, 56. Jaipur, 57. Jalandhar, 58. Jalgaon,59. Jammu, 60.Jamnagar, 61. Jamshedpur, 62. Jhansi, 63. Jhunjhunu 64. Jodhpur, 65. Kanpur, 66. Kolhapur, 67. Kolkata (North), 68. Kolkata (South), 69. Kota, 70. Kottayam, 71. Latur, 72. Lucknow, 73. Ludhiana, 74. Madurai, 75. Mangalore, 76. Mathura, 77.Meerut, 78. Moradabad, 79. Mumbai (CG), 80. Mumbai (GTK), 81. Mumbai (JOG), 82. Muzaffarnagar, 83. Mysore, 84. Nagpur, 85. Nanded, 86. Nashik, 87. Navi Mumbai, 88. Noida, 89. Palakkad, 90. Pali, 91. Panaji, 92. Panipat, 93. Patiala, 94. Patna, 95. Pimpri-Chinchwad, 96. Port Blair, 97. Puducherry, 98. Pune, 99. Raipur, 100. Rajkot, 101. Ranchi, 102. Rewari, 103. Rohtak 104. Rourkela, 105. Sagar, 106. Salem, 107. Sambalpur, 108.Satara, 109. Shimla, 110. Sikar, 111. Siliguri, 112. Solapur, 113. Sonepat, 114. Srinagar, 115. Surat, 116.


Surendranagar, 117.Thane, 118. Thiruvananthapuram, 119. Thrissur, 120. Tiruchirapalli, 121. Tirunelveli 122.Tumkur, 123. Udaipur, 124. Ujjain, 125. Vadodara, 126. Vapi, 127. Varanasi, 128. Vijayawada, 129. Visakhapatnam, 130. Yamuna Nagar and 131. Overseas Centre — Dubai.

NOTES:

1. Ballary (Karnataka) and Tirunelveli (Tamil Nadu) are on Experimental Basis. 2. The Institute reserves the right to withdraw any centre at any stage without assigning any

reason. 3. Please note that no request for change of examination venue will be entertained in respect

of a particular city, where multiple examination venues exist.

3. GRANT OF FACILITY OF WRITER’S HELP/EXTRA TIME TO PHYSICALLY DISABLED CANDIDATES IN CS EXAMINATIONS - JUNE, 2020

Any physically disabled/challenged candidate having a minimum of 40% physical disability or deformity of permanent nature and who wishes to seek writer’s help and/or extra time for the purpose of appearing in Company Secretaries Examination is requested to submit a separate application in the prescribed format as specified below in addition to submitting his/her online enrolment application for appearing in the examination together with the attested photocopies of following documents and with full size photograph showing the disability:

(i) Disability Certificate issued by the Medical Board/doctor of not below the rank of Civil Surgeon/Medical Superintendent of a Central or State Govt. Hospital /Medical College, certifying the nature (permanent or temporary) and percentage of disability 0and its duration affecting his/her ability and/or the normal physical functions; and

(ii) Letter of Permission issued to him/her by Sr. Secondary Board/University and/or any other professional/educational examining body, such as — UPSC, SSC, State Public Service Commission, The Institute of Chartered Accountants of India, The Institute of Cost Accountants of India, etc., granting him/her such assistance for appearing or writing the examinations.

Physically disabled candidates who had been granted facility of writer’s help/extra time in the previous CS examination(s) and wish to avail of such concession or assistance for writing the ensuing examination are required to apply again for each session of examination giving reference of communication allowing such facility granted in the past.

In such cases, candidates are not required to submit the attested copies of above stated documents and full size photographs.

It is clarified that in case of disablement of temporary nature and injuries like, fracture in the arm, forearm or dislocation of a shoulder, elbow, wrist or any other illness, etc., the candidates are not eligible to seek any concession or assistance of writer and/or extra time.

The duly filled in application on the prescribed form along with the supporting documents, if any, should be sent to the Institute at the address given below at least 45 days in advance from the date of commencement of examination:

The Joint Secretary Directorate of Examinations The Institute of Company Secretaries of India ‘ICSI HOUSE’, C-37, Sector 62, Institutional Area, NOIDA – 201 309 (U.P.)

Communication regarding grant of writer’s help and/or extra time for writing the examinations is normally sent to the respective candidates 8-10 days before the commencement of each examination after the issue of Admit Cards/Roll Number.

For quick disposal, the application for grant of writer’s help and/or extra time should not be clubbed with any other query or correspondence.


The prescribed applications form for availing the facility of writer’s help and/or grant of extra time can be downloaded from the website of the Institute: www.icsi.edu at the URL given below:

https://www.icsi.edu/webmodules/Scribe_form.pdf

4. ANNOUNCEMENT REGARDING ‘MERIT SCHOLARSHIP’ AND ‘MERIT-CUM-MEANS ASSISTANCE’ IN RESPECT OF CS EXAMINATIONS- DECEMBER, 2019

ATTENTION STUDENTS APPEARED IN CS EXAMINATIONS

DECEMBER, 2019

The Institute awards “Merit Scholarships” and “Merit-cum-Means Assistance” to students for pursuing Executive Programme and Professional Programme on the basis of their meritorious performance in the examinations and on merit-cum-need basis on their passing Foundation Programme and Executive Programme examinations respectively, as per the criteria stipulated under the “Merit Scholarship (Company Secretaryship Course) Scheme, 1983” and “Merit-cum-Means Assistance (Company Secretaryship Course Scheme), 1983”.

MERIT SCHOLARSHIP

In pursuance of para 7 of the “Merit Scholarship (Company Secretaryship Course) Scheme, 1983, 25 numbers of scholarships are awarded each for Executive Programme and Professional Programme Course per session only to registered students, purely in order of merit, from amongst the candidates who appeared and passed in all the subjects of their respective examination, at first attempt, in one sitting, without claiming exemption in any subject, on all-India basis and subject to fulfilling other terms and conditions as stipulated in the said scheme.

Accordingly, students who pass the Foundation Programme/Executive Programme Examination in December, 2019 and fulfill the conditions prescribed under the guidelines are eligible for award of Scholarship.

MERIT-CUM-MEANS ASSISTANCE

In pursuance of para 8 of the “Merit-cum-Means Assistance (Company Secretaryship Course) Scheme, 1983”, 25 numbers of financial assistance are awarded each for Executive Programme and Professional Programme Course per session only to registered students. According to the scheme, a candidate has to apply in the prescribed form which can be downloaded from Institute’s website: www.icsi.edu OR obtained from the Institute free of cost by sending a self addressed stamped envelope, and submit his/her application within the specified date as notified from time to time. Any candidate applying for financial assistance should have passed the Foundation Programme/Both the Modules of Executive Programme Examination, at first attempt, in one sitting, without claiming exemption in any subject. If the candidate is employed or having an independent source of income, in that case his/her income should not be more than Rs.2,40,000 per annum and if he/she is dependent on his/her parents/guardian/spouse, then the combined income from all sources should not be more than Rs. 3,60,000 per annum and also subject to fulfilling other terms and conditions as stipulated in the said scheme.

A separate notification inviting applications for award of “Merit-cum-Means Assistance” is being published elsewhere in this issue.



5. NOTIFICATION FOR INVITING APPLICATIONS FOR ‘MERIT-CUM-MEANS ASSISTANCE’ IN RESPECT OF CS EXAMINATIONS - DECEMBER, 2019


6. NEW EXAMINATION CENTRES

ATTENTION STUDENTS!

NEW EXAMINATION CENTRES FOR COMPANY SECRETARIES EXAMINATION

The Institute is pleased to announce opening of new Examination Centres at the following cities for Company Secretaries examination w.e.f. June, 2020 session:

*Already an examination centre for Foundation Programme Examination

Accordingly, candidates can opt for new examination centre in addition to the existing examination centres while enrolling for Company Secretaries June, 2020 Examination.

JOINT SECRETARY DIRECTORATE OF EXAMINATIONS

***

S.No. City & State Examination Centre Code

1. Ballary (Karnataka) 325

2. Mathura* (Uttar Pradesh) 248

3. Tirunelveli (Tamil Nadu) 326


© The Institute of Company Secretaries of India.

All rights reserved. No part of this Bulletin may be translated or copied in any form or by any means without the prior written permission of The Institute of Company Secretaries of India.

Disclaimer :

Although due care and diligence have been taken in preparation and uploading this e-bulletin, the Institute shall not be responsible for any loss or damage, resulting from any action taken on the basis of the contents of this e-bulletin. Any one wishing to act on the basis of the material contained herein should do so after cross checking with the original source.

Editorial Team

Alka Kapoor, Joint Secretary (SG)

Lakshmi Arun, Joint Director

Akansha Gupta, Executive (Academics)

Directorate of Academics

For views/suggestions/feedback please write to : [email protected]

mailto:[email protected]

cs foundation course · reiteration of the concept of gender equality and the furtherance of...

Documents