Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 16 – The Company Secretaries Act, 1980

The Company Secretaries Act, 1980

 

 

16. STAFF, REMUNERATION AND ALLOWANCES

 

1(1) For the efficient performance of its duties and functions, the Council shall appoint a Secretary who shall be a member of the Institute and may –

 

(a) Appoint such other persons on the staff of the Institute as it deems necessary;

 

(b) Prescribe the terms and conditions of service and the scales of pay of the Secretary and other employees of the Institute, including persons who have become employees of the Institute under section 33;

 

(c) Fix the allowances of the President, Vice-President and other members of the Council and its Committees.

 

(2) The Secretary of the Institute shall be entitled to participate in the meetings of the Council and the Committees thereof but shall not be entitled to vote thereat.

 

—————

1. Subs. by Act 8 of 2006, sec. 14, for section 16 (w.e.f. 17-11-2006). Section 16, before substitution, stood as under:

 

“16. Staff, remuneration and allowances.—(1) For the efficient performance of its duties and functions, the Council shall appoint a Secretary who shall be a member of the Institute and may—

 

(a) appoint such other persons on the staff of the Institute as it deems necessary;

 

(b) prescribe the terms and conditions of service and the scales of pay of the Secretary and other employees of the Institute, including persons who have become employees of the Institute under section 33;

 

(c) fix the allowances of the President, Vice-President and other members of the Council and its Committees.

 

(2) The Secretary of the Institute shall be entitled to participate in the meetings of the Council and the Committees thereof but shall not be entitled to vote thereat.”

 

Previous | Next

 

The Company Secretaries Act, 1980

 

Indian Laws – Bare Acts

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation