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Question
Study the following case/situation and express your opinion.
Mr. Z is a member of Institute of Company Secretaries of India:
(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?
(b) Can Mr. Z work as a secretarial Auditor?
(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?
Solution
(a) Mr. Z can be appointed as pro-tem Secretary of LMN Ltd. as he is a member of the Institute of Company Secretaries of India (ICSI).
(b) Mr. Z can work as a secretarial auditor as he is a member of ICSI, holding a certificate of practice.
(c) Mr. Z is not allowed to work as whole time Secretary in Companies ABC Ltd. and CFO Ltd. This is because the whole time secretary cannot hold office in more than one company.
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