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Section 15 – The Company Secretaries Act, 1980

The Company Secretaries Act, 1980

 

 

15. FUNCTIONS OF THE COUNCIL

 

1(1) The duty of carrying out the provisions of this Act shall be vested in the Council.

 

(2) In particular, and without prejudice to the generality of the foregoing power, the duties of the Council shall include –

 

(a) The prescribing of the standards for, and conduct of examinations for enrolment of candidates in the Register and of the fees therefore;

 

(b) The registration and training of students;

 

(c) The prescribing of qualifications for entry in the Register;

 

(d) The recognition of foreign qualifications and training for purposes of enrolment;

 

(e) The granting or refusal of certificates of practice under this Act;

 

(f) The maintenance and publication of a Register of persons qualified to practice as Company Secretaries;

 

(g) The levy and collection of fees from members, examinees and other persons;

 

(h) The removal of names from the Register and restoration to the Register of names which have been removed;

 

(i) The regulation and maintenance of the status and the standards of professional qualifications of members of the Institute;

 

(j) The carrying out, by granting financial assistance to persons other than members of the Council or in any other manner, of research in such matters of interest to Company Secretaries as may be prescribed;

 

(k) The maintenance in the prescribed manner of libraries and the publication in the prescribed manner of books and periodicals relating to management of companies and such allied subjects as may be prescribed;

 

(l) The granting of such financial or other assistance to students of the Institute as may be prescribed;

 

(m) The exercise of such disciplinary powers as may be prescribed.

 

—————

1. Subs. by Act 8 of 2006, sec. 12, for section 15 (w.e.f. 17-11-2006). Section 15, before substitution, stood as under:

 

“15. Functions of the Council.—(1) The duty of carrying out the provisions of this Act shall be vested in the Council.

 

(2) In particular, and without prejudice to the generality of the foregoing power, the duties of the Council shall include—

 

(a) the prescribing of the standards for, and conduct of examinations for enrolment of candidates in the Register and of the fees therefor;

 

(b) the registration and training of students;

 

(c) the prescribing of qualifications for entry in the Register;

 

(d) the recognition of foreign qualifications and training for purposes of enrolment;

 

(e) the granting or refusal of certificates of practice under this Act;

 

(f) the maintenance and publication of a Register of persons qualified to practise as Company Secretaries;

 

(g) the levy and collection of fees from members, examinees and other persons;

 

(h) the removal of names from the Register and restoration to the Register of names which have been removed;

 

(i) the regulation and maintenance of the status and the standards of professional qualifications of members of the Institute;

 

(j) the carrying out, by granting financial assistance to persons other than members of the Council or in any other manner, of research in such matters of interest to Company Secretaries as may be prescribed;

 

(k) the maintenance in the prescribed manner of libraries and the publication in the prescribed manner of books and periodicals relating to management of companies and such allied subjects as may be prescribed;

 

(l) the granting of such financial or other assistance to students of the Institute as may be prescribed;

 

(m) the exercise of such disciplinary powers as may be prescribed.”

 

 

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The Company Secretaries Act, 1980

 

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