Advertisement of Certified Filing Centers (CFCs)

The Ministry of Company Affairs (MCA) has provided an opportunity to the practising members of the three premier Institutes (ICSI, ICAI, ICWAI) to create and set up Certified Filing Centers (CFCs) for providing assistance to stakeholders to do the statutory filing in electronic mode with ROC Offices across the country. In this regard MCA has framed guidelines for opening and running of Certified filing centers. The text of these guidelines are placed at the website of the MCA www.mca.gov.in

It has come to the notice of the Institute that some of the Practising Company Secretaries who have set up CFCs had advertised about setting up of CFCs. 

The Practising Company Secretaries Committee of the Council in its 39th meeting held on October 28, 2006 considered the same and has clarified that such kinds of advertisements are not allowed since it amounts to professional misconduct within the meaning of the item (6) of part I of the First Schedule to the Company Secretaries Act, 1980. 

All members in practice, who have set up CFCs, are accordingly requested to take note of the same and ensure compliance of the Code of Conduct.