INCORPORATION OF THE INSTITUTE
(1) All persons whose names are entered in the Register of the dissolved company
immediately before the commencement of this Act and all persons who may hereafter have
their names entered in the Register to be maintained under this Act, so long as they
continue to have their names borne on the Register to be maintained under this Act, are
hereby constituted a body corporate by the name of the Institute of Company Secretaries of
India and all such persons shall be
known as members of the Institute.
(2) The Institute shall have perpetual succession and a common seal and shall have power
to acquire, hold and dispose of property, movable or immovable and shall by its name sue
or be sued.
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