Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TDS :: list of goods taxed at 4% :: articles on VAT and GST in India :: empanelment :: VAT Audit :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: VAT RATES :: ACCOUNTING STANDARDS :: cpt :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company
 
 
News Headlines »
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help
 Aadhaar mandatory for filing income tax return
 Will Aadhaar linkage solve India's income tax woes?
 GST roll out from July 1 will make goods cheaper: Jaitley
 Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
 7 best tax-saving solutions which can help you save money
  No proposal to replace Income Tax with Banking Cash Transaction Tax

Pre-certification: Co Secys peeved over Ministry move
August, 02nd 2006

Members of the Institute of Company Secretaries of India (ICSI) are feeling let down over the act on the part of the Company Affairs Ministry diluting their prerogative to pre-certify various documents submitted by companies to the Registrar of Companies. The Ministry, in February, had issued a notification empowering Chartered Accountants and ICWAI Cost Accountants, along with practising Company Secretaries, to pre-certify forms and submissions of companies.

The Clause 383C of the Companies (Amendment) Bill, 2003, (that was introduced, but not passed) ensures exclusive rights of pre-certification to Company Secretaries. However, the notification put forth by the Ministry has thwarted this privilege of Company Secretaries.

Members Resign

"This is an intrusion into the core area of company secretaries. We have submitted representations expressing our displeasure over the decision; but no action has been take as yet," said a source at the ICSI.

This issue has also led to the resignation of four ICSI members Mr Mahesh A. Athavale, Mr Nesar Ahmed, Mr S.D. Irani and Mr Bipin S. Acharya from the central council.

"Pre-certification has to be done by people who have expertise in company law. In fact our institute provides specialised education and training in company law and gives highest emphasis on providing in its curriculum over 27 per cent weightage to company law," said a member, adding, "this is much less in the case of CA or ICWA curriculum." The ICSI is a statutory body formed by an Act of Parliament and has around 4,000 practisingmembers.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions