Only a qualified Peer Reviewer can be empaneled by the Peer Review Board. Elucidate.

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2024
Only a qualified Peer Reviewer can be empaneled by the Peer Review Board. Elucidate.

Answer & Explanation:

Only a qualified Peer Reviewer can be empaneled by the Peer Review Board. The Peer Review Board has been empowered to maintain a panel of Reviewers. Para 10 of the peer review Guidelines provides for the qualifications of the reviewer which is as under: 1. The nature and complexity of Peer Review require the exercise of professional judgement. Accordingly, an individual to be empaneled as Peer Reviewer shall (Qualifications): - Be a member with at least 10 years of post-qualification experience as Company Secretary of which not less than 5 years should be as a company secretary in practice; Be currently holding Certificate of Practice as issued by the Institute. Have undergone the Training Programme for Peer Reviewers and qualified the Certification Programme for Peer Reviewers organized by the Institute. 2. Further to be empaneled as Peer Reviewer, a member shall not have (Disqualifications):- disciplinary action / proceedings pending against him during the past 3 years. been convicted by a Competent Court whether within or outside India, of an offence involving moral turpitude and punishable with imprisonment; been found guilty of professional or other misconduct by the Committee of Discipline / Disciplinary Committee, at any time, as the case may be. 3. The Board may examine the quality of the report and shall have powers to remove the Reviewer from the panel of Peer Reviewers, in case the quality of the review/report fails to match the desired standards. 4. Sitting members on the Council / Regional Council / Chapter Management Committee, and the members of the Peer Review Committee of the ICSI shall not act as Peer Reviewers till they demit their office. 5. The requirement of at least ten years' experience as a member does not necessarily entail his/her experience as a Practicing Company Secretary. Even a member who has earlier been in employment for a decade can seek empanelment as a Reviewer provided, he/she is holding a certificate of practice on the date of making the application for empanelment as reviewer.

Topics: Peer Review

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