Company Secretaries Act, 1980
23. Constitution and Functions of Regional Councils
For the purpose of advising and assisting it
on matters concerning its functions, the Council may constitute such Regional Councils
as and when it deems fit for one or more of the regional constituencies that
may be notified by the Central Government under clause (a) of sub-section (2)
of section 9.
(2) The Regional Councils shall be constituted
in such manner and exercise such functions as may be prescribed.
(3) Notwithstanding anything contained in this
section, each Regional Council of the dissolved company shall, on the
commencement of this Act, become the Regional Council of the Institute for the
area for which it was functioning as a Regional Council immediately before such
commencement and shall function as such -
( i )
for a period of two years from such commencement, or
(ii) till a Regional
Council is constituted for such area in accordance with the provisions of this
section,
whichever is earlier.