Section 27
Unqualified persons not to sign documents.
The Company Secretaries Act, 1980
About this Act
An Act to make provision for the regulation and development of the profession of Company Secretaries.
(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 who contravenes 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 a fine not less than 2[one lakh rupees] but which may extend to 3[five lakh rupees], and in the event of a second or subsequent conviction with imprisonment for a term which may extend to one year or with a fine not less than 4[two lakh rupees] but which may extend to 5[ten lakh rupees] or with both.]
1[(2) Any person who contravenes 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 a fine not less than 2[one lakh rupees] but which may extend to 3[five lakh rupees], and in the event of a second or subsequent conviction with imprisonment for a term which may extend to one year or with a fine not less than 4[two lakh rupees] but which may extend to 5[ten lakh rupees] or with both.]
Notes
1. Subs. by Act 8 of 2006, s. 24, for sub-section (2) (w.e.f. 8-8-2006).
2. Subs by Act 12 of 2022, s. 99, for “five thousand rupees” (w.e.f. 10-5-2022).
3. Subs by , s. 99, ibid., for “one lakh rupees” (w.e.f. 10-5-2022).
4. Subs by , s. 99, ibid., for “ten thousand rupees” (w.e.f. 10-5-2022).
5. Subs by , s. 99, ibid., for “two lakh rupees” (w.e.f. 10-5-2022).
2. Subs by Act 12 of 2022, s. 99, for “five thousand rupees” (w.e.f. 10-5-2022).
3. Subs by , s. 99, ibid., for “one lakh rupees” (w.e.f. 10-5-2022).
4. Subs by , s. 99, ibid., for “ten thousand rupees” (w.e.f. 10-5-2022).
5. Subs by , s. 99, ibid., for “two lakh rupees” (w.e.f. 10-5-2022).