Ranchi

ICSI plans to branch out to eastern region

PNS

The Institute of Company Secretaries in India (ICSI) sees lots of scope in the eastern region, particularly in Ranchi. To expand its reach, the premier institute of the country organised a seminar on Monday in which host of budding students were informed about changing scope and composure of the course.

Addressing press persons, R Sridharan, president of the ICSI, said that talent pool of the region has not been utilised as much. “There is lot of scope in the Ranchi region and our Rancih chapter is working on it. As the role of Company Secretary has been widened since the new Companies Act-2013 has come into existence, we have improved the curriculum accordingly and made the students of region aware of it,” he said. Currently 4.5 lakh students are pursuing the course with ICSI.

Elaborating more, Sridharan said that the new act has more emphasis on compliance of the set rules and there are penal provisions for any kind of violations. “We have become auditors as well. Thus the aim of the institute is to make the students ready for the greater challenges and they would take benefit of the new act,” he added. There are 89 member from Ranchi and about 400 from the eastern region in the institute.

Supplementing the president, Mukesh Chaturvedi, secretary for eastern region informed that the institute is working on rigorous mechanism to upgrade the quality of the members and their skills on consistent basis. “We have for the first time introduced ‘open book examination’ as we believe in developing analytical skill rather than mugging up the Acts etc,” said he.

About 2000 students are enrolled in the course from Ranchi and the institute looking to expand the number. It has gone for campus based study and also planning for another such campus at Hyderabad in near future, informed Sutanu Sinha, chief executive and officiating secretary of the ICSI.