The Company Secretaries Act, 1980
Sch. II Part I Rule 5. THE SECOND SCHEDULE
PROFESSIONAL MISCONDUCT IN RELATION TO MEMBERS OF THE INSTITUTE IN PRACTICE REQUIRING ACTION BY A HIGH COURT
A Company Secretary in practice shall be deemed to be guilty of professional misconduct, if he –
(5) Deliberately aids in or abets the concealment in his report or statement of a material fact known to him although the disclosure of which is necessary to make such statement not misleading;
The Company Secretaries Act, 1980