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The Company Secretaries Act, 1980

Central

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

Act number
56 of 1980
Ministry
Ministry of Corporate Affairs
Enacted
10 Dec 1980

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

59 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions and interpretation.
  3. Section 3Incorporation of the Institute.
  4. Section 4Entry of names in the Register of members.
  5. Section 5Associates and Fellows.
  6. Section 6Certificate of practice.
  7. Section 7Members to be known as Company Secretaries.
  8. Section 8Disabilities.
  9. Section 9Constitution of the Council of the Institute.
  10. Section 10Re-election or re-nomination to Council.
  11. Section 10ASettlement of disputes regarding election.
  12. Section 10BEstablishment of Tribunal.
  13. Section 11Nomination in default of election.
  14. Section 12President and Vice-President.
  15. Section 13Resignation of membership and casual vacancies.
  16. Section 14Duration and dissolution of the Council.
  17. Section 15Functions of Council.
  18. Section 15AFunctions of Institute.
  19. Section 15BImparting education by Universities and other bodies.
  20. Section 16Officers and employees, salary, allowances, etc.
  21. Section 17Committees of the Council.
  22. Section 18Finances of the Council.
  23. Section 19Register of members.
  24. Section 20Removal from the Register of members.
  25. Section 21Disciplinary Directorate.
  26. Section 21ABoard of Discipline.
  27. Section 21BDisciplinary Committee.
  28. Section 21CAuthority, Disciplinary Committee, Board of Discipline and Director (Discipline) to have powers of civil court.
  29. Section 21DTransitional provisions.
  30. Section 22Professional or other misconduct defined.
  31. Section 22AConstitution of Appellate Authority.
  32. Section 22BTerm of office of members of Authority.
  33. Section 22CProcedure, etc., of Authority.
  34. Section 22DOfficers and other staff of Authority.
  35. Section 22EAppeal to Authority.
  36. Section 23Constitution and functions of Regional Councils.
  37. Section 24Penalty for falsely claiming to be a member, etc.
  38. Section 25Penalty for using name of the Council, or awarding degree of Company Secretary.
  39. Section 26Companies not to engage in Company Secretaryship.
  40. Section 27Unqualified persons not to sign documents.
  41. Section 28Offences by companies.
  42. Section 29Sanction to prosecute.
  43. Section 29AEstablishment of Quality Review Board.
  44. Section 29BFunctions of Board.
  45. Section 29CProcedure of Board
  46. Section 29DTerms and conditions of service of Chairperson and members of Board and its expenditure
  47. Section 30Amendment of Act 8 of 2006
  48. Section 31Dissolution of the Institute of Company Secretaries of India registered under the Companies Act.—
  49. Section 32Transfer of assets and liabilities of the dissolved company to the Institute.
  50. Section 33Provisions respecting employees of the dissolved company
  51. Section 34Coordination Committee
  52. Section 35Directions of the Central Government
  53. Section 36Protection of action taken in good faith
  54. Section 36AMembers, etc., to be public servants.
  55. Section 37Maintenance of branch offices.
  56. Section 38Reciprocity
  57. Section 38APower of Central Government to make rules
  58. Section 39Power to make regulations.
  59. Section 40Rules, regulations and notifications to be laid before Parliament.