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of <h1>ICSI Limits Annual Return Certifications to 30 Companies Per Member to Prevent Misconduct Under Company Secretaries Act 1980</h1> The Institute of Company Secretaries of India has issued a notification under the Company Secretaries Act, 1980, establishing a ceiling on the number of annual returns that a practicing member can certify. Effective from October 1, 1989, a member is deemed guilty of professional misconduct if they certify annual returns for more than thirty companies with listed shares in a calendar year. For firms, this limit applies to each partner authorized to sign under the Companies Act, 1956. This measure aims to ensure accountability and maintain professional standards in the certification process.
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