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Bar News Acts League

The Company Secretaries Act, 1980

Act ID: 1980

The Company Secretaries Act, 1980

"An Act to make provision for the regulation and development of the profession of Company Secretaries."

Table of Contents

59 Sections

Ch. 1

PRELIMINARY

S.1Short title, extent and commencement.S.2Definitions and interpretation.

Ch. 2

INSTITUTE OF COMPANY SECRETARIES OF INDIA

S.3Incorporation of the Institute.S.4Entry of names in the Register of members.S.5Associates and Fellows.S.6Certificate of practice.S.7Members to be known as Company Secretaries.S.8Disabilities.

Ch. 3

COUNCIL OF THE INSTITUTE

S.9Constitution of the Council of the Institute.S.10Re-election or re-nomination to Council.S.10ASettlement of disputes regarding election.S.10BEstablishment of Tribunal.S.11Nomination in default of election.S.12President and Vice-President.S.13Resignation of membership and casual vacancies.S.14Duration and dissolution of the Council.S.15Functions of Council.S.15AFunctions of Institute.S.15BImparting education by Universities and other bodies.S.16Officers and employees, salary, allowances, etc.S.17Committees of the Council.S.18Finances of the Council.

Ch. 4

REGISTER OF MEMBERS

S.19Register of members.S.20Removal from the Register of members.

Ch. 5

MISCONDUCT

S.21Disciplinary Directorate.S.21ABoard of Discipline.S.21BDisciplinary Committee.S.21CAuthority, Disciplinary Committee, Board of Discipline and Director (Discipline) to have powers of civil court.S.21DTransitional provisions.S.22Professional or other misconduct defined.S.22AConstitution of Appellate Authority.S.22BTerm of office of members of Authority.S.22CProcedure, etc., of Authority.S.22DOfficers and other staff of Authority.S.22EAppeal to Authority.

Ch. 6

REGIONAL COUNCILS

S.23Constitution and functions of Regional Councils.

Ch. 7

PENALTIES

S.24Penalty for falsely claiming to be a member, etc.S.25Penalty for using name of the Council, or awarding degree of Company Secretary.S.26Companies not to engage in Company Secretaryship.S.27Unqualified persons not to sign documents.S.28Offences by companies.S.29Sanction to prosecute.

Ch. 8

QUALITY REVIEW BOARD

S.29AEstablishment of Quality Review Board.S.29BFunctions of Board.S.29CProcedure of Board S.29DTerms and conditions of service of Chairperson and members of Board and its expenditure S.30Amendment of Act 8 of 2006

Ch. 9

DISSOLUTION OF THE INSTITUTE OF COMPANY SECRETARIES OF INDIA REGISTERED UNDER THE COMPANIES ACT

S.31Dissolution of the Institute of Company Secretaries of India registered under the Companies Act.?S.32Transfer of assets and liabilities of the dissolved company to the Institute.S.33Provisions respecting employees of the dissolved company

Ch. 10

MISCELLANEOUS

S.34Coordination Committee S.35Directions of the Central Government S.36Protection of action taken in good faith S.36AMembers, etc., to be public servants.S.37Maintenance of branch offices.S.38Reciprocity S.38APower of Central Government to make rules S.39Power to make regulations.S.40Rules, regulations and notifications to be laid before Parliament.