4. Entry of names
in the Register.-(1) Any of the following persons
shall be entitled to have his name entered in the Register,
namely:—
(a) any person who immediately before the commencement of
this Act was an Associate or a Fellow (including an Honorary
Fellow) of the dissolved company;
(b) any person who is a holder of the Diploma in Company
Secretaryship awarded by the Government of India;
(c) any person who has passed the examinations conducted
by the dissolved company and has completed training either
as specified by the dissolved company or as prescribed by
the Council, except any such person who is not a permanent
resident of India;
(d) any person who has passed such examination and completed
such training,
as may be prescribed for membership of the Institute;
(e) any person who has passed such other examination and
completed such other training without India as is recognised
by the Central Government or the Council as being equivalent
to the examination and training prescribed under this Act
for membership of the Institute :
Provided that in the case of any person belonging to any
of the classes mentioned in this sub-section who is not permanently
residing in India, the Central Government or the Council may
impose such further conditions as it may deem to be necessary
or expedient in the public interest.
(2) Every person belonging to the class mentioned in clause
(a) or clause (b) of sub-section (1) shall have his name entered
in the Register without the payment of any entrance fee.
*[(3) Every person belonging to any of the classes mentioned
in clauses (c), (d) and (e) of sub-section (1) shall have
his name entered in the Register on application being made
and granted in the prescribed manner and on payment of such
fees, as may be determined, by notification, by the Council,
which shall not exceed rupees three thousand:
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.]
(4) The Central Government may take such steps as may be
necessary for the purpose of having the names of all persons
belonging to the classes mentioned in clauses (a) and (b)
of sub-section (1) entered in the Register at the commencement
of this Act.
(5) Notwithstanding anything contained in this section, the
Council may confer on any person Honorary Fellow Membership,
if the Council is of the opinion that such --person has made
a significant contribution to the profession of Company Secretaries
and thereupon the Council shall enter the name of such person
in the Register but such person shall not have any voting
rights in any election or meetings of the Institute and shall
not also be required to pay any fee to the Institute.
*[Substituted by Company Secretaries (Amendment) Act, 2006
w.e.f 8-8-2006]
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