The ICSI elected the new president and vice president. The company secretaries CS. B. Narasimhan and CS Dhananjay Shukla work as president and vice president. A blog is here to provide the details of a new team of ICSI management. ICSI has released a questionnaire stating the changes in the new syllabus and seeking the student’s feedback. In the current book examination, the open book examination is with the following subjects: banking law and practice, multidisciplinary case studies, insurance law and practice, intellectual property rights laws and practices, insolvency law and practice, and labour laws and practice. ICSI want to know that the students want more for the open book examination. The blog talks about the questionnaire, the new president, the vice president and the management team of ICSI.
CS B. Narasimhan is the president of ICSI. He takes charge of his role from 19, January, 2024. He had completed ACS and PG in economics. He has vast experience in corporate law. He had worked in capital markets with a focus on corporate law and management. In 2023, he held the position of vice-president. He will hold the position of president in 2024. The members elected him for the second term. The tenure of his election is from 2023 to 2026. He chaired the committees of ICSI for seven years. He handled the committees for secretarial standards, disciplinary committees, and financial services. The members elected him in the following years: 2007, 2011 and 2019 to 2022. He has expert knowledge in public offerings, corporate and securities management, and corporate actions for listed companies. He has experience in stock exchanges, regulatory bodies and banks. He had served on a SEBI committee. CS B. Narasimhan has contributed his knowledge to ICSI journals, and he is a professional speaker at conferences and seminars.
CS Dhananjay Shukla is a law and commerce graduate. He is a fellow member of ICSI. He is working in Gurgaon. He has specialised knowledge of securities law, corporate law and taxation. He worked with the northern region of ICSI from 2011 to 2014. He was elected from 2015 to 18. He was working as the chairman of NIRC in 2017. In between 2019 to 2020 he worked on the secretarial standards board. He is elected to the managing committee in CSBF of ICSI. He has around twenty years of experience in the corporate world. He works in corporates as a company secretary and in 2009 he started his practice. He has contributed to the foreign-promoted start-ups operating in India.
The management team of ICSI
In 2024, the management team of ICSI has the following members: CS Jatin Singal, chairman, CS Preeti Grover, Vice-Chairperson, CS Himanshu Harbola secretary, and CS Awanish Srivastava, treasurer. CS Dhananjay Shukla, CS Manish Gupta, CS Manoj Kumar Purbey, CS NPS Chawla, and CS Suresh Pandey are the Ex-officio members.
The questionnaire for the new syllabus of ICSI:
The new CS executive syllabus has tax laws, jurisprudence, interpretation and general laws, company law, setting up of business entities and closure, corporate and management accounting, financial and strategic management, capital markets, securities laws, economic, business, and commercial laws. In the professional program, the subjects are governance, reporting and board dynamics, GST, secretarial audit, compliance management, drafting, pleadings and appearances, corporate restructuring and insolvency, dispute resolution(corporates and alternate disputes), and cyber laws and artificial intelligence and strategy and risk management. Group one elective papers are CSR, ESG and reporting, Insolvency law and practice, governance of non-corporate entities, applied tax laws, intellectual property rights, banking laws and practice, labour laws and practice, and insurance laws and practice. The questionnaire has a set of questions that help to understand the pulse of the students. The ICSI want to include the latest subjects after understanding the difficulty level from the student’s perspective. The following points elucidate the set of questions in the questionnaire.
- The first question is about the number of papers. The existing syllabus has eight subjects in the executive programme. The professional programme has nine subjects. The eighth and ninth subjects are open-book examinations.
- The second question is about multiple choice questions in the syllabus. In the existing syllabus, the MCQ questions are with three papers. The papers are tax laws, corporate and management accounting, and financial and strategic management. ICSI want to know the subject that requires the MCQ pattern of evaluation.
- The third question is about the practical knowledge of the students. The students gain specialised knowledge from short-term courses in ICSI. There are subjects in ACS that offer specialised knowledge. The subject with intensive knowledge is an interpretation of financial statements, general and economic laws, and tax laws. The specialised subjects prepare the students for high-level competition in the market. The current market demands the practical knowledge of company law, governance, securities law, business strategy, insolvency, and corporate restructuring.
- Question four is about the skill set of the students for the current job market. The current job market wants company secretaries with soft skills, advisory skills, people skills, advocacy or IT skills. Adding these skills prepares the professionals for the job market.
- The fifth question is about the subjects in electives and core areas.
- The sixth question is about the introduction of learning through simulations and moot courts in the new syllabus.
- The seventh question is about the project work. MBA is a professional course that has project work towards the end. The project work offers individual interest in the subject. If the students are interested in introducing project work, ICSI wants to know the apt subject for project work.
- The eighth question is about the open-book examination. The ICSI want to know the study material for the open-book examination. The students learning professional courses like ACS have advanced level thinking. The suggestions of the students bring change to the learning system and increase job opportunities.
ICSI December results are expected on February 25, 2024. The candidates can get the results online. The ICSI students can apply for verification of the answer sheet online. The certified copy of the answer sheets requires the payment and application. Rashi Amrut Prakash is the AIR one in the June professional-level ACS examination. The management team and syllabus prepare the students for the complex challenges in the legal system.