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Date: 09-Mar-2023 Category: Extra Ordinary State: Union Government Country: India

Election Tribunal Rule, 2006

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The notification establishes a Tribunal to adjudicate disputes related to the December 2022 elections to the council of the Institute of Company Secretaries of India (ICSI).

Key Changes

  • The Central Government has constituted a Tribunal comprising of three members to resolve disputes related to the ICSI council elections held in December 2022.
  • The Tribunal consists of:
  • 1. Shri R.S. Verma (Presiding Officer): Additional Secretary, Ministry of Law and Justice.
  • 2. Shri Santanu Mitra (Member): Senior Economic Advisor, Ministry of Corporate Affairs.
  • 3. Shri Sidhil Sasi (Member): Deputy Director General, Ministry of Corporate Affairs.
  • The notification comes into effect on the date of its publication in the Official Gazette (March 9, 2023).

Impact Analysis

Impact on ICSI

  • Any disputes arising from the December 2022 ICSI council elections will now be adjudicated by this Tribunal.

Impact on ICSI Members/Candidates

  • Members/Candidates should prepare their cases with relevant evidence to present before the Tribunal.

Impact on Ministry of Corporate Affairs (MCA)

  • Two members of the Tribunal are from the Ministry of Corporate Affairs.

Suggested Action Items

  • The MCA should ensure that the Tribunal is adequately staffed and resourced to handle the election disputes efficiently.

Key Entities Referenced

Company Secretaries Act, 1980: The principal legislation governing Company Secretaries in India. Section 10B empowers the Central Government to establish a Tribunal for election dispute adjudication. Company Secretaries (Election Tribunal) Rules, 2006: Rules framed under the Company Secretaries Act, 1980, providing the framework for the constitution and functioning of the Election Tribunal. Institute of Company Secretaries of India (ICSI): A premier professional body constituted under an Act of Parliament to regulate and develop the profession of Company Secretaries in India. Ministry of Corporate Affairs (MCA): The ministry responsible for regulating corporate affairs in India. Tribunal: A body established by the Central Government to adjudicate disputes related to the December 2022 elections to the council of the Institute of Company Secretaries of India (ICSI).
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एलxx.x-GअID.-E1x0x0x 32023-244235 CG-DL-E-10032023-244235 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1074] नई ददल्ली, बृहस्ट्प जतवार, माचय 9, 2023/फाल्ग नु 18, 1944 No. 1074] NEW DELHI, THURSDAY, MARCH 9, 2023/PHALGUNA 18, 1944 कारपोरेट काय यमत्रं ालय अजधसचू ना नई ददल्ली, 9 माच,य 2023 का.आ. 1118(अ).— केंद्रीय सरकार, कंपनी सजचव (जनवायचन अजधकरण) जनयम, 2006 के जनयम 3 के साथ पठित कंपनी सजचव अजधजनयम, 1980 (1980 का 56) की धारा 10ख की उपधारा (1) के द्वारा प्रदत्त िजियों का प्रयागो करत े हुए, ददसंबर, 2022 म ें आयोजित भारतीय कंपनी सजचव संस्ट्थान पठरषद के जनवायचन के मामल े म ें जववादों पर अजधजनणयय देन े के जलए जनम्नजलजखत व्यजियों से जमलकर एक अजधकरण की स्ट्थापना करती ह,ै अथायत:् - 1. श्री आर.एस. वमाय, पीिासीन अजधकारी; अपर सजचव, जवजध और न्याय मंत्रालय, जवजध कायय जवभाग, िास्त्री भवन, नई ददल्ली-110001 2. श्री सान्तनू जमत्रा, सदस्ट्य; ज्येष्ठ आर्थथक सलाहकार, कारपोरेट कायय मंत्रालय, 8वां तल, लोक नायक भवन, खान माकेट, नई ददल्ली-110003 1564 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3. श्री जसजधल िजि, सदस्ट्य। उप महाजनदेिक, 4था तल, एचटी हाउस, केिी मागय, नई ददल्ली-110001 2. यह अजधसूचना रािपत्र म ेंइसके प्रकाजित होने की तारीख से प्रवृत्त होगी। [फा. सं. 3/9/2023-पी आई] इन्द्र दीप ससह धारीवाल, संयुि सजचव MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 9th March, 2023 S.O. 1118(E).—In exercise of the powers conferred by sub-section (1) of section 10B of the Company Secretaries Act, 1980 (56 of 1980) read with rule 3 of the Company Secretaries (Election Tribunal) Rules, 2006, the Central Government hereby establishes a Tribunal consisting of the following persons to adjudicate the disputes in matter of election to the council of the Institute of Company Secretaries of India held in December, 2022, namely: 1. Shri R S Verma Presiding Officer; Additional Secretary, Ministry of Law and Justice, Department of Legal Affairs, Shastri Bhawan, New Delhi-110001 2. Shri Santanu Mitra Member; Senior Economic Advisor, Ministry of Corporate Affairs 8th Floor, Lok Nayak Bhavan, Khan Market, New Delhi- 110003. 3. Shri Sidhil Sasi Member. Deputy Director General Ministry of Corporate Affairs 4th Floor, HT House, KG Marg, New Delhi- 110001. 2. This notification shall come into force on the date of its publication in the Official Gazette. [F. No. 3/9/2023-PI ] INDER DEEP SINGH DHARIWAL, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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