The Company Secretaries Act 1980 Complete Guide Apk
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Author's Notes | The Company Secretaries Act 1980 Complete Guide |
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The Company Secretaries Act 1980 Complete GuideAn Act to make provision for the regulation and development of the profession of Company Secretaries.
Be it enacted by Parliament in the Thirty-First Year of the Republic of India as follows:—
This Act may be called The Company Secretaries Act, 1980.
It extends to the whole of India.
It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
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First reading - introduction stage: Any member, or member-in-charge of the bill seeks the leave of the house to introduce a bill. If the bill is an important one, the minister may make a brief speech, stating its main features.Second reading - discussion stage: This stage consists of consideration of the bill and its provisions.Third reading - voting stage: This stage is confined only to arguments either in support of the bill or for its rejection as a whole, without referring to its details. After the bill is passed, it is sent to the other house.Bill in the other house (Rajya Sabha): After a bill, other than a money bill, is transmitted to the other house, it goes through all the stages in that house as that in the first house. But if the bill passed by one house is amended by the other house, it goes back to the originating house.
It is important to understand the difference between a policy and a law.
A policy outlines what a government ministry hopes to achieve and the methods and principles it will use to achieve them. It states the goals of the ministry. A policy document is not a law but it will often identify new laws needed to achieve its goals.
Laws set out standards, procedures and principles that must be followed. If a law is not followed, those responsible for breaking them can be prosecuted in court.
So, policy sets out the goals and planned activities of a ministry and department but it may be necessary to pass a law to enable government to put in place the necessary institutional and legal frameworks to achieve their aims. Laws must be guided by current government policy.
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