PROTEST AGAINST ICSI DESICION OF INCREASING MEMBERSHIP FEE
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The ICSI Council recently announced more than 100% fee hike in the Annual Membership fee and COP Fees. The Council of ICSI has, beyond the principal of governance, taken this arbitrary decision of increasing the Fees w.e.f. 1st April 2017. This increment is not only likely to increase the financial burden on the members but has also unveiled the ‘lack of transparency’ and apathy in a system where members are being neglected.
It is known to all that the Council of the ICSI has failed to create a better job market for its members. On one hand, where the members are struggling to find good jobs in the market and settle in the profession. However, on the other hand, the council of the ICSI is more occupied taking such arbitrary decisions against the spirit of ethics and governance.
The mission statement of ICSI reads as “To develop high calibre professionals facilitating good Corporate Governance”. By taking this arbitrary decision of increasing the membership fees, the Council of ICSI is not only putting financial pressure on the young members but also has presented an example of Poor Governance before the Public at large.
It is a matter of fact that the Council of ICSI has continued to fail in delivering good governance towards the betterment of the profession of Company Secretaries and as well as to its members, which is evident from a huge number of unemployment among the Company Secretaries as well as a deep sense of disappointment among the members.
Moreover, the Council of ICSI has not even though it considerable to establish a mechanism by which it can ascertain and access the details of the Members who are struggling for getting appropriate Jobs. On the Other hand, the arbitrary decision to increase membership by more than 100% without any compunction reflects the ignorant state of the ICSI council.
I, by way of this petition, urge all my CS friends to show your protest against this arbitrary decision of ICSI.
You should sign this petition because...
1. It's needed to ask the council of ICSI to take back the decision and continue with the previous fee structure with better policies and in an efficient way.
2. As Fee hike decision has been taken without even revealing the compelling factors behind it. Nor, the feedback from the CS fraternity has been taken before this decision. This decision of the Council of ICSI is unjust, arbitrary and self-willed in nature.
3. Decisions at ICSI are taken keeping in mind the principle of democracy in its administration and operations. It is not lawful to increase the Annual Membership Fees fee without the consent of the members.
4. Even in the past, we have seen that whenever the ICSI Council had failed to get proper rights for the Members and CS Students. At such time, CS Members and CS Students themselves took a step to restore their rights and established the examples of Members and Students Powers. (Members and Students protest against the Ministry of Corporate Affairs against increasing the capital limit is the witness of failure and inability of the Council of the ICSI.)
Sign this petition and raise your voice against the decision of ICSI council to increase Annual Membership Fees for Members.
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