Tuff time for Company Secretary Course
Till 9th June 2014, everybody was worried about the existence of Company Secretary Profession after introduction of KMP appointment rules released by Ministry of Corporate Affairs (MCA). Through these rules MCA has restrict the employment opportunities for Company Secretaries, remove pre-certification from certain e-forms etc.
Amendment in KMP Rules by MCA
But now the things are fine for the CS profession. After regular follow ups by the students, professionals and ICSI, Ministry of Corporate Affairs was gracious enough to consider the request to amend the rule for the appointment of KMP. Ministry of Corporate Affairs has made it compulsory vide notification No. G.S.R. 390(E) dated 9th June 2014 for A company other than a company covered under rule 8 which has a paid up share capital of five Crore rupees or more shall have a whole-time company secretary.
To know more refer the link below:
Company Secretary Profession is still Worthy
So have faith in the profession and keep moving.
Cheers to CS profession and budding Company Secretaries !!!
Thanks
CS Ankur Garg