(a) whether there is any mandatory provision in the Companies Bill to have company
secretaries in listed/unlisted/medium and small scale enterprises;
(b) if so, the details thereof;
(c) whether the Union Government has made any evaluation on the expected demand for
company secretaries in the country; and
(d) if so, the details of physical number of company secretaries available in the
country and the expected demand in future?
THE MINISTER OF STATE (SHRI SACHIN PILOT) (INDEPENDENT CHARGE) IN THE MINISTRY OF CORPORATE
AFFAIRS
(a) and (b): The Companies Bill, 2012, as passed by Lok Sabha, inter-alia, incorporates
provisions (Clause 203) regarding appointment of ‘Key Managerial Personnel’ (KMP) which
provides that every Company, belonging to such class or classes of company as may be
prescribed, shall have a Company Secretary as whole-time key managerial personnel.
(c) and (d): As per information provided by the Institute of Company Secretaries of India
(ICSI), there are 28,719 members on the roll of Institute of Company Secretaries of India (ICSI). Further, 48,697 persons are pursuing the professional programme as on 31.03.2013.
This number is likely to meet the current and emerging demands.