"Entitlement to engage
apprentices for imparting training at a time by the Practising Company Secretaries.
""The
Council has decided that with effect from 1st September, 2008, for
the purpose of clause (c) of Regulation 48 of the Company Secretaries
Regulations, 1982, the number of trainees to be sponsored to the Company
Secretary in Practice (PCS) including a partner in a firm of Company
Secretaries, will be equal to the number of years of continuous practice of
the concerned member subject to a maximum of ten trainees. A PCS with two years of continuous
practice will be entitled to engage only one trainee. If the PCS surrenders his certificate
of practice and starts his practice after a gap, he will be entitled to have
the same number of trainees as he was entitled when
he surrendered his certificate of practice. This supercedes
the earlier decision taken by Training & Education Facilities Committee
of the Council in the matter."" |