The Institute of Corporate Secretaries of Pakistan 

The Institute of Corporate Secretaries of Pakistan

 
 

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INTERNATIONAL EVENTS

 

 

INTERNATIONAL FEDERATION OF COMPANY SECRETARIES (IFCS)

 

 

We would like to inform our members the achievements made by the Council in international activities of the institute as under:

 

 

REGISTRATION OF IFCS LOGO
 


The logo of International Federation of Company Secretaries (IFCS) was finalized and adopted in the 3rd assembly meeting of the IFCS held at Dhaka, Bangladesh on July 05, 2006.

The meeting was directed the secretary, IFCS to get the Logo registered in India and arrange to get it registered by other IFCS Member institutes in other respective countries.

The member IFCS were inform that the institute of Company Secretaries of India (ICSI) had lodged the application for registration of IFCS logo with the Government of India for approval which is still in the process of registration by their Government.

Likewise, The Institute of Corporate Secretaries of Pakistan (ICSP) applied to the Government of Pakistan for registration of IFCS logo on February 14, 2008. By the grace of Almighty Allah, the ICSP feels great pleasure to inform that the institute has become successful in registration of IFCS logo in Pakistan. A provisional Certificate No. TM – 15558, dated 22.03.2008 has also been issued by The Intellectual Property Organization, Trade Marks Registration Government of Pakistan.


Best Corporate practices is emerging in the world as important aspect of Corporate Governance. To accomplish the best Corporate practice, corporate secretaries play an effective role.

The world being global village and borderless, the professionals of corporate sector looking for effective corporate practices.

The first thing on the agenda was granting reciprocal exemption to the qualified members of the institutes to have networking of corporate secretaries. For working on the agenda for the grant reciprocal exemptions in various papers amongst (IFCS) members; a Working Group was formed by the Governing Body of IFCS comprising of the following representatives of IFCS Members.
 

  1. Institute of Company Secretaries of India (ICSI)

  2. The Institute of Corporate Secretaries of Pakistan (ICSP)

  3. The Institute of Chartered Secretaries and Management of Bangladesh (ICSMB)

  4. The Institute of Certified Public Secretaries of Kenya (ICPSK)
     

First meeting of the Working Group of IFCS for reciprocal exemptions was held on 10th September 2006 at Kolkata. The following points were discussed for consideration:-

 

 

  1. To decide methodology for review of the nomenclature of papers and course contents for the examinations of the member Institutes and for mutual exemptions to be granted by each member Institute.
     

  2. To decide the grant of mutual exemption in papers by each member Institute subject to approval of its Council.
     

 

Second meeting of the Working Group of International Federation of Company Secretaries for reciprocal exemptions was held on 23rd September 2007 at Jaipur, India where in the President (Examinaiton & Education Committee) represented the Institute and mutual reciprocal exemptions in papers of two Member Institutes namely institute of Company Secretaries of India (ICSI) and The Institute of Corporate Secretaries of Pakistan (ICSP) were approved in the following way:-
 

 

Papers of ICS Pakistan to be pursued
by members of ICSI

Papers of ICSI to be pursued by
members of ICS Pakistan

  1. Company Law and Allied Rules
      (Module C)
  1. Economic, labour and Industrial Laws
      (Inter)
  2. Corporate Laws and Practice (Module C)   2. Securities Laws and Regulation of
       Financial Markets (Inter)
    3. Advanced Company Law and Practice
       (Final)
    4. Corporate Restructuring - Law abd

       Practice (Final)

    5. Banking and Insurance - Law and
       Practice (Final)
    6. WTO - Internationl Trade, Joint Ventures
      and Foreign Collaborations (Final)
Number of papaers of ICSP to be
exempted for members of ICSI - 11 (Eleven) 
Number of paper of ICSI to be exempted
for members of ICSP -16 (Sixteen)

 

 

 

The Institute of Corporate Secretaries of Pakistan (ICSP) has solicited from ICSI that a member of ICSP after qualifying 6 (six) papers of ICSI will be enrolled as member of institute of Company Secretaries of India.

We hope that reciprocal exemptions and approval of each others qualifications will be finalized in the next meeting of IFCS proposed to be held November 2008 with other member countries i.e. Bangladesh and Kenya.

The Council of IFCS is making efforts to bring other countries wherein Institution of Company Secretaries exists to be member of the Council.
 

 

 

 

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