Section 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 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).