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27. Unqualified persons not to sign documents (1) No person other than a member of the Institute shall sign any document on behalf of a Company Secretary in practice or a firm of such Company Secretaries in his or its professional capacity. 1[(2) Any person who contravenes the provisions of sub-section (1) shall, without prejudice to any other proceedings which may be taken against him, be punishable on first conviction with a fine not less than 2[one lakh rupees] but which may extend to 3[five lakh rupees], and in the event of a second or subsequent conviction with imprisonment for a term which may extend to one year or with a fine not less than 4[two lakh rupees] but which may extend to 5[ten lakh rupees] or with both.] Note:- 1. Subs. by Act 8 of 2006, s. 24, for sub-section (2) (w.e.f. 8-8-2006). 2. Subs by Act 12 of 2022, s. 99, for “five thousand rupees” (w.e.f. 10-5-2022). 3. Subs by , s. 99, ibid., for “one lakh rupees” (w.e.f. 10-5-2022). 4. Subs by , s. 99, ibid., for “ten thousand rupees” (w.e.f. 10-5-2022). 5. Subs by , s. 99, ibid., for “two lakh rupees” (w.e.f. 10-5-2022).
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