Certificate of practice
(1) No member of the Institute shall be entitled practise,
whether in India or elsewhere, unless he has obtained from the Council a certificate of practice.
1[(2) A member who desires to be entitled to practise shall make an application in such form and pay such annual fee, for his certificate as may be determined, by notification, by the Council, which shall not exceed rupees three thousand, and such fee shall be payable on or before the 1st day of April in each year :
Provided that the Council may with the prior approval of the Central Government, determine the fee exceeding rupees three thousand, which shall not in any case exceed rupees six thousand.;]
2[(3) The certificate of practice obtained under sub-section (1) may be cancelled by the Council under such circumstances as may be prescribed.]
Amendment
1 Substituted by The Company Secretaries (Amendment) Act, 2006 w.e.f. 8-8-2006.
2 Inserted, ibid
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