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

CS Farhan's name was removed from the Register of members by the Council because he had not paid a prescribed fee. He now applies to be entered again. Under the Act, what must he pay?

He must pay the arrears of annual fee and the entrance fee, together with the additional fee the Council determines by notification. Re-entry follows his application after removal for non-payment, and it is not automatic.

  1. AOnly the arrears of annual fee
  2. BOnly the entrance fee afresh
  3. CThe arrears of annual fee and entrance fee along with such additional fee as determined by the Council by notificationCorrect
  4. DNothing, as removal for non-payment is automatically reversed on application

Explanation

Section 20(3) provides that where a name was removed for non-payment under clause (c) of sub-section (1), on application it may be entered again on payment of arrears of annual fee and entrance fee along with an additional fee determined by the Council by notification. Options A and B give only part of this.

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