Institute of Company Secretaries of India

The Institute of Company Secretaries of India (ICSI) is a national professional body in India under the ownership of Ministry of Corporate Affairs, Government of India with the objective of promoting, regulating and developing the profession of company secretaries in India.^[1] It is headquartered in New Delhi, has four regional offices, at New Delhi, Chennai, Kolkata and Mumbai,^[2] and 73 chapters around the country.^[3]

The Institute of Company Secretaries of India

Abbreviation	ICSI
Formation	4 October 1968; 56 years ago (1968-10-04)
Type	National Professional Body
Legal status	Statutory body under an act of Parliament of India, i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980)[citation needed]
Headquarters	22, ICSI HOUSE, Lodhi Road, Institutional Area, Lodhi Colony, New Delhi 110003, India
Region	India
Membership	75,000
Official language	English, Hindi
President	CS Dhananjay Shukla
Parent organization	Ministry of Corporate Affairs, Government of India
Website	www.icsi.edu

A person can apply for membership by passing all three levels of examinations: CSEET (earlier Foundation), Executive and Professional prescribed by ICSI, and completing short-term and long-term practical training.^[4] The members of the ICSI are highly qualified professionals playing a key role in ensuring compliance with the laws and promoting sound corporate governance practices in Indian Corporates.

History

Role of Company Secretary

As per Section 2(51) of the Companies Act 2013, Company Secretaries are a company's Key Managerial Personnel (KMP).^[5] Other KMPs in a company include the Chief Executive Officer, the managing director, the Whole-time Director, the Chief Financial Officer, and such other officers designated by the Board as KMP but are not more than one level below the directors in whole-time employment.^[5] They often hold the position of a compliance officer and play a crucial role in ensuring the efficient administration of the company. Among others, they also ensure that the company complies with secretarial standards.^[6]