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About the Program

How to qualify 50% in Online Proficiency Self-assessment Test?

Are you up-to-date on the Corporate Law, Rules & Compliance issues faced by Directors in Boards Today?

Are you READY to serve on a Board of Directors?

Ministry of Corporate Affairs (MCA), with the objectives of strengthening the Institution of Independent Directors and also to enhance its effectiveness by way of creating a pool of skilled professionals to act as Agents of Change, has developed a databank of Independent Directors along with Indian Institute of Corporate Affairs (IICA) with effect from December 02, 2019 in accordance with the provisions of the Companies Act, 2013.

Accordingly, any person who is willing to be appointed or is already an Independent Director is required to pass an ‘Online Proficiency Self-Assessment Test’ conducted by IICA with at least 50% marks.

The IICA is conducting the online test from March 01, 2020.

Independent Director's Proficiency Test

A Condensed Refresher Programme for Independent Directors & aspiring Independent Directors

As per Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020, every Independent Director and Aspiring Independent Director who have served as Director for less than 3 years is required to pass an Online Proficiency Self-Assessment Test.

The IICA is conducting the online test from March 01, 2020.

  • MODULE 1 - Introduction to Independent Director's repository & Requirements of online proficiency self-assessment test.
  • MODULE 2 - Companies Act, 2013 & SEBI Regulations.
  • MODULE 3 - The Board’s legal Environment and Corporate Governance.
  • MODULE 4 - Roles & Responsibilities of Independent Directors for Improving Corporate Credibility & Governance Standards.
  • MODULE 5 - Financial Literacy for Directors.
  • MODULE 6 - Online Mock test for participants, followed by discussion on mock test paper.
  • MODULE 1 - Introduction to Independent Director's repository & Requirements of online proficiency self-assessment test.
  • MODULE 2 - Companies Act, 2013 & SEBI Regulations.
  • MODULE 3 - The Board’s legal Environment and Corporate Governance.
  • MODULE 4 - Roles & Responsibilities of Independent Directors for Improving Corporate Credibility and Governance Standards.
  • MODULE 5 - Financial Literacy for Directors.
  • MODULE 6 - Online Mock test for participants, followed by discussion on mock test paper.

Salient Features of the Programme:

  • 1. Provides in-depth knowledge to qualify the Self-Assessment Test conducted by IICA
  • 2. Synchronous and systematic learning by renowned speakers through wide array of exposures on the topics
  • 3. Learning beyond geographical barrier
  • 4. Anytime and anywhere learning through technology
  • 5. One year complimentary membership of Institute of Directors to non-members

Testimonials

As per Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020, every Independent Director and Aspiring Independent Director who have served as Director for less than 3 years is required to pass an Online Proficiency Self-Assessment Test.