CS Professional · Compliance Management, Audit and Due Diligence · Legal Framework Governing Company Secretaries
Meera, an Associate member in practice, uses the designation 'Company Secretary'. Her letterhead also describes her as 'Corporate Law Consultant' in place of that designation. Her partnership firm, whose partners are all members in practice, is called 'Rao & Co., Company Secretaries'. Which view matches the Act?
A member using the designation Company Secretary must not use any other description in addition or in substitution. The proviso allows only recognised institute letters or qualifications, and permits a firm of members in practice to be known as Company Secretaries. So the firm name is fine but the substituted description is not.
- ABoth the firm name and the substitution are permitted since all partners are members
- BThe firm name is permitted, but she may not use another description in addition to or in substitution for the designation Company SecretaryCorrect
- CNeither is permitted since a firm cannot be known as Company Secretaries
- DOnly the substitution is permitted, but the firm name is not
Explanation
Section 7 says a member using the designation shall not use any other description, in addition or in substitution. The proviso allows adding letters showing membership of recognised institutes or other qualifications, and permits a firm whose partners are all members in practice to be known as Company Secretaries. The consultant description is neither.
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