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Limit of maximum number of trainees to be taken at a time by PCS for imparting training to CS Students

We wish to inform you that the Council of institute has approved that no. of trainees to be taken at a time by Practising Company Secretary (PCS) for imparting training to CS Students should not be more than the limit given in the under mentioned table :

 

Limit of no. of trainees to be allowed

It will be governed according to duration of years of practice as Company Secretary as per range given in under mentioned table :

 

Year of practice No of trainees
0 – up to 2 years 2 trainees
More than 2 years up to 5 years 5 trainees
More than 5 years up to 10 years 10 trainees
More than 10 years 20 trainees

If the PCS surrenders his certificate of practice and starts his practice after a gap, he/she will be entitled to have same number of trainees as he/she was entitled when he/she surrendered his/her certificate of practice.

 

On request of concerned PCS, Secretary/Chief Executive of Institute may sanction two additional trainees to a particular PCS on case to case basis.

 

You are requested to kindly take a note of it.

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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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