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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.

(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 one lakh rupees but which may extend to 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 two lakh rupees but which may extend to ten lakh rupees or with both.

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).

Notes, amendments & references (1)

1. Subs. by Act 8 of 2006, s. 24, for sub-section (2) (w.e.f. 8-8-2006).