Top Commerce Colleges across the country would tie up with the Institute of Company Secretaries of India (ICSI) to open up 100 study centres where students would be offered on various courses related to the field. The colleges would be providing faculty members form ICSI and the courses would run after the college hours get over. The courses would enable candidates to become qualified company secretaries once the complete their graduation from the colleges.
The proposed study centres would be opened by the end of this year, pointed out by Atul H Mehta, President of ICSI. The institute is also negotiating with leading software companies to develop an e-learning programme so that they could teach over 30 courses online and include videos, animation, text graphics and other entertaining mode of education along with formal studies. The profession of company secretary has seen a major boom after the new Companies Act 2013 and has opened up multiple opportunities for the candidates opting for the courses.
The number of company secretaries available presently in the country in way less than the projected demand in the private and public sector companies. There are almost nine lakh private companies and one lakh Public Sector Companies and thus has a huge scope for professionals in the field of company secretaries, the number of which is limited to 40000 only.
The National Company Law Tribunal which is on the line of Income Tax Tribunal would soon be the set up in the country. Under this tribunal there could be litigations filed up regarding any of the company disputes.