Section 24
Penalty for falsely claiming to be a member, etc.
The Company Secretaries Act, 1980
About this Act
An Act to make provision for the regulation and development of the profession of Company Secretaries.
Subject to the provisions of section 7, any person who,
(a) not being a member of the Institute,--
(i) represents that he is a member of the Institute; or
(ii) uses the designation Company Secretary; or
(iii) uses the letters A.C.S. or F.C.S. after his name; or
(b) being a member of the Institute, but not having a certificate of practice, represents that he is in practice or practises as a Company Secretary,
shall be punishable on first conviction with fine which may extend to 1[one lakh rupees], and on any subsequent conviction with imprisonment which may extend to six months, or with fine which may extend to 2[five lakh rupees], or with both.
(a) not being a member of the Institute,--
(i) represents that he is a member of the Institute; or
(ii) uses the designation Company Secretary; or
(iii) uses the letters A.C.S. or F.C.S. after his name; or
(b) being a member of the Institute, but not having a certificate of practice, represents that he is in practice or practises as a Company Secretary,
shall be punishable on first conviction with fine which may extend to 1[one lakh rupees], and on any subsequent conviction with imprisonment which may extend to six months, or with fine which may extend to 2[five lakh rupees], or with both.
Notes
1. Subs by Act 12 of 2022, s. 96, for “one thousand rupees” (w.e.f. 10-5-2022).
2. Subs by, s. 96, ibid., for “five thousand rupees” (w.e.f. 10-5-2022).
2. Subs by, s. 96, ibid., for “five thousand rupees” (w.e.f. 10-5-2022).