The ICSI full form is the Institute of Company Secretaries of India. It refers to a national professional body that develops and regulates the company secretary profession.
Company secretaries are responsible for ensuring compliance with laws and maintaining good corporate governance.
Key Points to Know About the ICSI
- The Ministry of Corporate Affairs of the Government of India is responsible for administering the roles and responsibilities of this professional body.
- The ICSI awards this specific certificate, designating a candidate as a company secretary, to those who qualify for the institute’s membership.
- With more than 75,000 members and 2 lakh candidates, this Indian body is the largest membership and student community of Company Secretaries (CS) worldwide.
Key Functions of the ICSI
Aiming to promote strong corporate governance, the ICSI performs several key functions. They include:
- Focusing on producing well-qualified company secretaries
- Conducting the company secretaryship exam, which is held twice a year in June and December
- Offering practical training to candidates and creating potential for practicing company secretaries
- Participating in the initiatives taken by the Indian government that can help boost the country’s social and economic growth.
The ICSI has only one mission: to produce capable and well-qualified candidates to develop good corporate governance. The ICSI headquarters is in New Delhi.
However, cities like Chennai, Kolkata, and Mumbai have their regional offices. Moreover, it has 6 overseas centers in Australia, the UAE, the UK, Canada, Singapore, and the USA.
