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Under Section 139C(1) of CA, the following persons are disqualified from acting as secretary: · an undischarged bankrupt; or · a convict guilty of an offence relating to: (a) the promotion, formation or management of a corporation; (b) fraud or dishonesty; or (c) improper use of information, dealings in securities and maintenance of proper accounts. A person who continues acting as a secretary after disqualification is guilty of an offence. Under Section 139C(3) of CA, a director who knowingly permits such a person to do so is also guilty of an offence. |
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