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Section 27 – The Company Secretaries Act, 1980

The Company Secretaries Act, 1980

 

 

27. UNQUALIFIED PERSONS NOT TO SIGN DOCUMENTS

 

(1) No person other than a member of the Institute shall sign any document on behalf of a Company Secretary in practice or a firm of such Company Secretaries in his or its professional capacity.

 

1(2) Any person contravening the provisions of sub-section (1) shall, without prejudice, to any other proceedings which may be taken against him, be punishable on first conviction with fine which may extend to one thousand rupees, and on any subsequent conviction with imprisonment which may extend to six months, or with fine which may extend to five thousand rupees, or with both.

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1. Subs. by Act 8 of 2006, sec. 24, for sub-section (2) (w.e.f. 8-8-2006). Sub-section (2), before substitution, stood as under:

 

“(2) Any person contravening the provisions of sub-section (1) shall, without prejudice to any other proceedings which may be taken against him, be punishable on first conviction with fine which may extend to one thousand rupees, and on any subsequent conviction with imprisonment which may extend to six months, or with fine which may extend to five thousand rupees, or with both.”

 

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The Company Secretaries Act, 1980

 

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