Section 24. Penalty for falsely claiming to be a member, etc

CHAPTER VII PENALTIES 24. Penalty for falsely claiming to be a member, etc.— Subject to the provisions of section 7, any person who, — (a) not being a member of the Institute, — - (i) represents that he is a member of the Institute; or - (ii) uses the designation "Company Secretary"; or - (iii) uses the letters "A.C.S." or "F.C.S." after his name; or (b) being a member of the Institute, but not having a certificate of practice, represents that he is in practice or practises as a Company Secretary, shall be punishable on first conviction with fine which may extend to[1] [one lakh rupees], and on any subsequent conviction with imprisonment which may extend to six months, or with fine which may extend to[2] [five lakh rupees], or with both.