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CS Professional · Compliance Management, Audit and Due Diligence · Legal Framework Governing Company Secretaries

CS Ananya Rao, a member in practice, wishes to continue her certificate of practice for the coming year. Under the Act, by what date is the annual fee for the certificate payable?

The annual fee for the certificate of practice is payable on or before the 1st day of April in each year, as section 6(2) provides. The form and the amount of the fee are determined by the Council by notification.

  1. AOn or before the 1st day of April in each yearCorrect
  2. BOn or before the 30th day of June in each year
  3. COn or before the 31st day of March in each year
  4. DOn or before the 1st day of October in each year

Explanation

Section 6(2) says the member applies in the determined form and pays the annual fee determined by the Council, payable on or before the 1st day of April in each year. The other dates do not appear in the Act.

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