The Council of the Institute of Company Secretaries of India (ICSI) has notified ICSI (Continuous Professional Education) Guidelines, 2019 [‘ICSI (CPE) Guidelines, 2019’] for every member of the ICSI.
Extension of CPE Timeline for the year 2020-21
Kindly note that ICSI on 27th March, 2021 has given notification stating EXTENSION OF TIME FOR OBTAINING THE MANDATORY CPE CREDITS UPTO 30 JUNE 2021.
It may be noted that, CS in Employment and Practice, both required to complete 20 CPE Hours.
Every CS Member (Employment & Practice both).
Due date to complete CPE hours of every year
31st March of Every Year
For Year 2020-21 due date is extended up to 30.06.2021
The Council of ICSI or President if authorized by the Council may increase the year by further 3 months up to 15 months for the purpose of relaxation of requirement of CPE Credits in any such year.
Modes of getting hours
a) Structured CPE Credits – if attend attend approved learning programmes
b) Unstructured CPE Credits - unstructured learning activities subject to a maximum of Twelve CPE Credits in each year
No. of Hours required every year
20 CPE Credits in a year through structured and unstructured learning program
Carry Forward of Extra CPE Hours allowed
No carry forward for excess Program Credit Hours from one year to another year will be allowed
CPE Hours Required for Members above the age of 60 years
Required to obtain 50% of the PCH required to be obtained by the members, if he is in the gainful employment or holding the certificate of practice.
This shall be applicable from the year succeeding the Financial Year in which the member attains the age of 60 years.
CPE Hours if article published in the “Chartered Secretary”
4 CPE Hours
CONSEQUENCE OF NON-COMPLIANCE
As per applicable provisions of the Company Secretaries Act, 1980, Company Secretaries Regulations, 1982 and the Code of Conduct, as amended from time to time.
11. The basis of calculation of CPE Credits will be as under:
12. Exemption from the requirements of CPE Credit
a) A member who attains the age of 60 years during a particular calendar year and who is neither in any gainful employment nor in practice.
b) A member, for the year during which he attains membership of the Institute.
c) Member of Parliament;
d) Member of legislative assembly or legislative council;
e) Member of Judiciary;
f) Members of any of the Central Civil Services;
g) Members of any of the State Civil Services;
h) Employees of regulatory bodies, government organizations (not being corporate entities), and statutory bodies;
i) Members of Armed Forces and Paramilitary forces;
j) A member or class of members to whom the Professional Development Committee of the Council grant full/partial exemption, on case to case basis, either by granting specific /general exemption, on account of facts and circumstances in the following situations:
Maternity / Paternity Leave;
Accident / Medical Emergencies;
Partial / Total Disablement;
Absence from the country;
Such other case(s), as may be deemed appropriate by Professional Development Committee of the Council.
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