Prime Minister Narendra Modi inaugurated Golden Jubilee Year Celebrations of Institute of Company Secretaries of India (ICSI)

Prime Minister Narendra Modi has inaugurated the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI) in New Delhi on October 4, 2017. The event assumes significance as it comes close on the heels of the government action of de-registering over 2.1 lakh dormant, shell companies and disqualifying over one lakh directors as part of a clean up of the corporate system and tackling the menace of shell companies. Originally, the ICSI was set up as not-for-profit organisation on 4th October 1968. In 1980, the institute was converted into a statutory professional body under an Act of Parliament, ‘The Company Secretaries Act 1980’. The headquarters of ICSI is located in New Delhi.