After 2017, the syllabus changed for the company secretaryship course included in the 2022 examination. From June 2022, the students read the 2017 syllabus. The date for the registration for the 2022 syllabus is June 16, 2023, for the executive level, February 1, 2023, for the executive level, and August 1, 2023, for the professional level. The consecutive examination for the students are as follows: November, December and June. The students from the old syllabus get an exemption from the new syllabus. The thread of old and new syllabuses continues with room for the old syllabus. The blog engages the readers with details of mark distribution, exemption, and objective of the syllabus for CSEET, executive level and professional level.
The objective of the new syllabus:
• To promote business communication
• To enhance logical reasoning, legal aptitude, and quantitative aptitude.
• To educate about the Indian economic system
• The course helps to promote the working knowledge of general laws and jurisprudence.
• To equip the students for the business environment with a conceptual understanding of corporate law.
• To understand the process of setting up a business and following labour laws.
• The course content aids to understand the practical application of company accounts, financial statements and financial management.
• To understand capital markets and security laws.
• To understand the commercial and economic laws.
• To understand the application of direct and indirect tax laws.
• To initiate higher-order thinking in the areas of ESG practices.
• To educate expert knowledge about the documents, drafts, appearances and pleadings.
• To gain expert knowledge about compliance management.
Executive level:
Paper one Jurisprudence, interpretation, and general laws, Paper two company law and practice, paper three setting up of business, industrial and labour laws, paper seven tax laws and practice and paper four corporate accounting and financial management. These papers are exempted from the group. The group two exemptions are as follows: paper four corporate accounting and financial management, paper five capital market and securities laws, paper six economic, commercial and intellectual property laws, and paper four corporate accounting and financial management. The last date for appearing in the old syllabus is June 2024.
Professional level:
The exemptions for the professional level program are as follows: Environmental, social and governance – principles and practice, paper two drafting, pleadings, and appearances, paper three compliance management, audit and due diligence, paper six corporate restructuring, valuation and insolvency, strategic management and corporate finance. The elective papers for the new syllabus students from the 2017 batch are banking and insurance – laws and practice, intellectual property rights –law & practice, internal audit and forensic audit, labour laws and practice, insolvency and bankruptcy law and practice. The last date for appearing in the old syllabus is December 2024.
The elective papers:
The new syllabus offers the following elective papers to the students. The elective papers in the new syllabus are as follows: CSR and social governance, Internal and forensic audit, Intellectual property rights –law and practice, artificial intelligence, data analytics and cyber security laws and practice, strategic management and corporate finance, corporate restructuring, valuation and insolvency, arbitration mediation and conciliation, labour laws and practice, banking and insurance laws and practice, Insolvency and bankruptcy law and practice,
Mark distribution:
For the descriptive type of questions, there is no negative marking. For the objective type of answers, one mark for the right answer. 0.25 marks get reduced for the wrong answer. The descriptive papers in module one are as follows: jurisprudence, interpretation and general laws setting up of business entities and closure and company law. In module one, the objective type of paper is tax laws. Module two has the following subjective papers: securities laws and capital markets, economic, business and commercial laws. The objective type paper in module two is corporate and management accounting and financial and strategic management.
At the professional level, the mark distribution is as per the topics. The mark distribution for governance, risk management, compliances and ethics go as governance for 50 marks, risk management for 20 marks, compliance for 20 marks, and ethics and sustainability for ten marks. The mark distribution for secretarial audit, compliance management and due diligence is 40 for compliance management and 60 for secretarial audit and due diligence. The mark distribution for secretarial audit, compliance management and due diligence is 40 marks for compliance management and 60 marks for secretarial audit and due diligence. The mark distribution for corporate funding and listings in stock exchanges is corporate funding with 60 marks and listing with 40 marks. The mark distribution for advanced tax laws goes as 60 marks for goods and service tax, 10 marks for customs law, and 30 marks for direct tax and international taxation. The mark distribution for corporate restructuring, insolvency, liquidation and winding up go as 50 marks for corporate restructuring and insolvency, and liquidation. Students get 100 marks for multidisciplinary case studies. In drafting, pleadings and appearances, students get 100 marks. The mark for resolution of corporate disputes, non-compliances and remedies goes as 100. The elective papers for the professional level examination are banking, insurance, intellectual property, labour laws and practice, and Insolvency.
What are the new subjects added to the company secretaryship course?
At the professional level, information technology and systems audit, financial, treasury and forex management, ethics, governance and sustainability, and corporate funding and listings in stock exchanges are the new subjects. As digital media and technical knowledge help the company secretaries to decide about the apt technology for the process, it is added. Professional ethics is a subject that includes changes as per the changing regulations and course structure. It educates about professional morale. Company secretaries handle financial matters with financial institutions. This subject provides case studies to educate students about financial management. Company secretaries also handle the issues related to listing and finding. To handle practical problems, knowledge of budgeting, financial planning, portfolio management, securities analysis and treasury management is required.
Bottom Line:
The new syllabus touches on the subjects with a detailed analysis. This course structure prepares the students for the dynamic roles of a company secretary.