Company Secretaries Act, 1980
35. Directions of the Central Government
(1) The Central Government may, from time to
time, issue such directions to the Council as in the opinion of the Central
Government are conducive to the fulfillment of the objects of this Act and in
the discharge of its functions, the Council shall be bound to carry out any
such directions.
(2) Directions issued under sub-section (1)
may include directions to the Council to make any regulations or to amend or
revoke any regulations already made.
(3) If, in the opinion of the Central Government, the Council has persistently
committed default in giving effect to the directions issued under this section,
the Central Government may, after giving an opportunity to the Council to state
its case, by order, dissolve the Council, whereafter
a new Council shall be constituted in accordance with the provisions of this
Act with effect from such date as may be specified by the Central Government.
(4) Where the Central Government passes an
order under sub-section (3) dissolving the Council, it may, pending the
constitution of a new Council in accordance with the provisions of this Act,
authorize any person or body of persons to take over the management of the
affairs of the Institute and to exercise such functions as may be specified in
this behalf by the Central Government.