PENALTY FOR USING NAME OF THE COUNCIL, OR AWARDING DEGREE OF COMPANY SECRETARY
(1) Save as otherwise provided in this Act, no person shall -
(a) Use a name or a common seal which is identical with the name or the common seal of the
Institute or so nearly resembles it as to deceive or as is likely to deceive the public;
(b) Award any degree, diploma or certificate or bestow any designation which indicates or
purports to indicate the position or attainment of any qualification or competence in
Company Secretary ship similar to that of a member of the Institute; or
(c) Seek to regulate in any manner whatsoever the profession of Company Secretaries.
(2) Any person contravening 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 fine which may extend to one thousand rupees, and on any subsequent conviction with
imprisonment which may extend to six months, or with fine which may extend to five
thousand rupees, or with both.
(3) Nothing contained in this section shall apply to any University or other institution
established by law or to any body affiliated to the Institute.
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