1. The Institute of Company Secretaries of India signed an MOU with CBEC for setting up of CFC by Practising Company Secretaries under the ACES project of CBEC.  The methodology for setting up of CFC is described briefly hereunder:

i)             A member qualified and eligible to set up and operate a CFC in accordance with the provisions contained in the MOU will have to make an online application to ICSI for registration as CFC. The application fees will be Rs.1150/- (Rs.1,000/- + Service Tax 15.00% ( non-refundable)).

ii)           The applicant will take a print out of the application wherein a temporary CFC number as issued by the Institute will be generated for control purposes. 

iii)          The applicant will paste a photograph in the appropriate column and attach one additional photograph with the application.  The application should be duly signed by the applicant. Unsigned application will not be processed.

iv)          A draft / local cheque of an amount of Rs.1,150/- in the name of “The Institute of Company Secretaries of India” payable at New Delhi , shall be enclosed with the application.

v)           The draft/local cheque and other relevant documents shall be posted at the following address with the envelop super subscribing “Application for CFC under ACES Project of CBEC”.

The Director (Information Technology)
          The Institute of Company Secretaries of India
          C-37, Sector – 62, Noida – 201 309 (U.P.)  

vi)          The status of the application will be projected online to the user through a query and he / she may use the temporary CFC number as assigned by the Institute for the same. 

vii)        All the applications as received will be verified on fortnightly basis and the approved applications will be forwarded to the designated officer of Central Board of Excise and Customs. 

viii)       The CBEC will thereafter issue a temporary User ID and Password, to the applicant which will be informed by email. The applicant will be required to login (register) with the use of temporary User Id & Password provided by CBEC and then only his name will appear in the list of registered CFCs. Thereafter, ICSI will issue CFC Certificate to the applicant.

ix)          The list of CFCs can be viewed by visiting ACES website ( ) under the CFC link of CBEC and ICSI website

x)           Applicants are requested to go through the MOU dated 25th June 2010 and Supplementary MOU dated 27th September 2010 before filing the application to ensure compliance with the provisions of scheme.

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