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CS Professional Module 2

CS Professional Module 2 consists of 3 papers that are to be attempted either individually or together with Module 1 and Module 3 (also consisting of 3 papers) depending upon a student’s preference or preparation. CS Professional exams are held twice in a year, once in the month of June and once in the month of December. The Institute of Company Secretaries of India is the professional body that holds the examination.

 

Eligibility Criteria for CS Professional Module 2

A candidate wanting to register for CS Professional examination must meet the following eligibility criteria:

  • Candidate must be 17 years old or above
  • He/she must have passed class 12th in any discipline except fine arts from a recognized board or university
  • He/she must have cleared CS Executive examination (both modules) held by The Institute of Company Secretaries of India
  • Graduates and Post Graduates who have also cleared CS Executive (both modules) held by The Institute of Company Secretaries of India

 

When and how to apply?

A Candidate is required to register himself for the course of CS Professional on the official website of The Institute of Company Secretaries of India (ICSI). For registration he/she will have to fill out an application form, upload required documents and pay a registration fee.

 

To register for CS Professional Module 2

  • Visit the official website of ICSI https://www.icsi.edu/home/
  • Click on “Online Services”
  • Choose “Register for CS Course”

 

Registration Fee

  • Registration fee for CS Professional exam is Rs.12,000/- (Rupees Twelve Thousand Only) per appearance.
  • Examination fee for CS Professional module 1 is Rs.1,000

 

Important Dates for Registration

 Exam Term        Module  Date of Registration
June Term All Modules (I, II &III)    on or before 30th November of the previous year
June Term One Module on or before 31st January of that year 
December   Term All Module (I, II &III)    on or before 31st May of that year
December Term One Module on or before 31st July of that year

 

CS Professional Module 2 Subjects and Syllabus

CS Professional module 2 consists of 3 papers which are mentioned below along with topics to be covered and their weightage in the exam.

 

Paper 4: Secretarial Audit, Compliance Management and Due Diligence

  • Part A: Compliance Management 40%
  • Part B: Secretarial Audit and Due Diligence 60%

Paper 5: Corporate Restructuring, Insolvency, Liquidation & Winding-up 

  • Part A: Corporate Restructuring 50%
  • Part B: Insolvency and Liquadation 50%

Paper 6: Resolution of Corporate Disputes, Non-Compliances & Remedies (One Part)

  • Shareholders’ Democracy &Rights
  • Corporate Disputes 
  • Fraud under Companies Act and IPC
  • 4. Misrepresentation & Malpractices 
  • Regulatory Action 
  • Defaults, Adjudication, prosecutions and penalties under the Companies Act, Securities Laws, FEMA, COFEPOSA, Money
  • Laundering, Competition Act, Labour Laws & Tax Laws.
  • Fines, Penalties and Punishments under various laws.
  • Civil and Criminal Trial Procedure and Process.
  • Relief and Remedies

 

 

Exam Pattern

CS Professional Exam Pattern

Mode of exam     Offline center-based exam
No of modules 3 – module 1, 2 & 3
No of papers 9 (8 compulsory and 1 elective)
Duration of exam 3 hours
Total marks 100 marks in each paper
Type of question Discriptive
No of questions 50 questions in each
Marking scheme No negative marking
Language Hindi or English
Passing criteria 40% in all papers and 50% in total

 

Oral Coaching

Any student pursing certification in CS, preparing for its courses, is required to undergo complete coaching for the respective course. Oral coaching refers to going to the institute for classes and pursuing your course. For his/her oral coaching, a student can take admission in regional council or chapter or any other recognized oral coaching center.

For the professional program, 40 classes of 2 hours for each subject are compulsory.

 

15 Month of Management Training

After completing CS Executive exam, a candidate is required to undergo 15 months of management training under a company secretary or a company, before he/she can sit for CS Professional examination. This training includes 25 hours of Professional Development Programme (PDP).

 

Passing Criteria

After giving CS Professional exam, candidates can check results once ICSI has announced them on their official website. A candidate is required to obtain 40% marks in each paper and 50% marks in aggregate to successfully pass this level.

 

After CS Professional Module 2

A student who has successfully cleared all 3 papers of CS Professional Module 2 in adherence to the passing criteria mentioned above, can appear in Module 1 and Module 3 in the forthcoming attempt and if he has already cleared those as well, He is entitled to be addressed as a qualified company secretary.  

 

CS Professional Module 3