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(From Business Line)
Byline: notification dated April 13, 1993, the Government prescribed that
IN THE past one-year or so, there have been certain developments affecting the profession of company secretaries, which have not augured well for the members and the profession. These developments have put the profession back by a couple of years. Even the Institute of Company Secretaries of India (ICSI) is not in a position to convince the regulators from making these changes. Before getting into the details of these changes it would be desirable to briefly recapitulate the law relating to company secretaries.
The UK company law (1985 Act, Section 283) provides that every company must have a company secretary and the sole director of a company cannot also be the company secretary. The name …