CS Professional · Compliance Management, Audit and Due Diligence · Legal Framework Governing Company Secretaries
Rohit Mehra, a member of the Institute, is engaged in a professional capacity by Lotus Textiles Ltd. A compliance manual for the company uses the phrase 'Company Secretary'. Under the Act's definitions, who is a 'Company Secretary'?
Under the Act, a Company Secretary means a person who is a member of the Institute. The definition does not require holding a certificate of practice, being a Fellow, or being appointed as key managerial personnel.
- AOnly a member of the Institute holding a certificate of practice
- BOnly a person appointed as key managerial personnel of a company
- CA person who is a member of the InstituteCorrect
- DOnly a Fellow Member of the Institute
Explanation
Section 2(1)(c) defines Company Secretary as a person who is a member of the Institute. It does not require a certificate of practice or Fellow status; Associates and Fellows both are members.
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