What is the structure of the ICSP CS qualification?

The qualification is structured into 3 modules containing 13 papers in total: Module A (5 papers), Module B (4 papers), and Module C (4 papers). All papers must be passed to qualify for graduate membership.

How often are the ICSP CS examinations held?

Examinations are conducted twice a year, typically in the third week of January and July.

What is the passing score for each paper?

The passing threshold is generally set at 50% marks for each individual paper, subject to the final determination of the ICSP Council.

Is there any formal class attendance required?

No. The ICSP qualifying program is designed on a self-study basis. The institute provides the syllabus and recommended reading lists, and students prepare independently.

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2026 Statistics

Key Facts: ICSP CS Exam

13 papers

Total Subjects

ICSP Syllabus

3 hours

Exam Paper Duration

ICSP Exam Rules

Bi-annual

Exam Frequency

ICSP Council

5 years

Max Completion Time

ICSP Regulations

The ICSP Company Secretary Qualifying Examination, administered by the Institute of Corporate Secretaries of Pakistan, consists of 13 papers across Modules A, B, and C. The program is self-study based, with examinations conducted bi-annually in January and July. It is a benchmark credential for corporate governance, legal compliance, and secretarial auditing in Pakistan.

Sample ICSP CS Practice Questions

Try these sample questions to test your ICSP CS exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under the Companies Act, 2017 of Pakistan, what is the minimum number of directors required for a public listed company?

A.One

B.Three

C.Seven

D.Ten

Explanation: Section 154 of the Companies Act, 2017 prescribes the minimum number of directors for different types of companies. A single member company requires 1, a private company requires at least 2, a public unlisted company requires at least 3, and a public listed company requires at least 7 directors.

2Which regulatory body in Pakistan is responsible for the registration and regulation of corporate entities?

A.State Bank of Pakistan (SBP)

B.Securities and Exchange Commission of Pakistan (SECP)

C.Federal Board of Revenue (FBR)

D.Institute of Corporate Secretaries of Pakistan (ICSP)

Explanation: The Securities and Exchange Commission of Pakistan (SECP) is the financial regulatory agency in Pakistan. It was established in 1999 to regulate the corporate sector and capital market, including company registration, oversight, and policy enforcement.

3What is the minimum number of members required to form a private company (other than a Single Member Company) under the Companies Act, 2017?

A.One

B.Two

C.Three

D.Fifty

Explanation: According to the Companies Act, 2017, a private company (other than a Single Member Company) must have at least two members. It may have up to fifty members, excluding employees, as part of its restriction on public subscription.

4Which of the following documents defines the external relationship of a company and its constitutional objects?

A.Articles of Association

B.Memorandum of Association

C.Prospectus

D.Statement in Lieu of Prospectus

Explanation: The Memorandum of Association (MoA) is the principal document that outlines the constitution of a company and its scope of activities, including the object clause. It defines the boundary of the company's legal operations relative to the external world.

5Under the Companies Act, 2017, what is the maximum duration permitted between the date of incorporation of a company and its first Annual General Meeting (AGM)?

A.12 months

B.16 months

C.18 months

D.24 months

Explanation: Section 132 of the Companies Act, 2017 states that every company must hold its first Annual General Meeting (AGM) within sixteen months from the date of its incorporation. Subsequent AGMs must be held once in every calendar year within 120 days of the close of the financial year.

6What is the statutory notice period required for holding an Annual General Meeting (AGM) of a public company in Pakistan?

A.7 days

B.14 days

C.21 days

D.30 days

Explanation: Section 132 of the Companies Act, 2017 requires that the notice of an Annual General Meeting must be sent to all members, directors, and auditors at least twenty-one days before the date of the meeting. This ensures adequate time for members to review financial statements and resolutions.

7What type of resolution is required to change the name of a company in Pakistan?

A.Ordinary Resolution

B.Special Resolution

C.Board Resolution

D.Unanimous Resolution

Explanation: Under the Companies Act, 2017, a change in a company's name involves altering its Memorandum of Association, which requires a Special Resolution passed by at least three-fourths of the members entitled to vote. Additionally, approval from the SECP must be obtained.

8Who has the statutory authority to convene an Extraordinary General Meeting (EGM) of a company?

A.The directors only

B.The company secretary only

C.The directors, or members holding at least 10% voting power

D.The external auditor only

Explanation: According to Section 133 of the Companies Act, 2017, the directors may convene an EGM at any time. Furthermore, they must do so upon a requisition made by members holding not less than one-tenth (10%) of the voting power of the company.

9Under the Companies Act, 2017, within how many days of a general meeting must the minutes of the meeting be recorded and entered into the minutes book?

A.10 days

B.14 days

C.30 days

D.45 days

Explanation: Section 151 of the Companies Act, 2017 dictates that minutes of all proceedings of general meetings and directors' meetings must be recorded and entered into the designated minutes book within fourteen days of the meeting's conclusion.

10Which of the following registers is a Company Secretary legally required to maintain at the registered office under the Companies Act, 2017?

A.Register of Members

B.Register of Customer Feedbacks

C.Register of Competitor Prices

D.Register of Marketing Campaigns

Explanation: Under Section 119 of the Companies Act, 2017, every company must maintain a Register of Members at its registered office. This register contains details of members, shareholdings, dates of registration, and cessation of membership.

About the ICSP CS Practice Questions

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