'A Company Secretary should not render any fraudulent or misleading opinion'. Discuss.

CS Professional · Drafting, Pleadings and Appearances · PYQS · December 2021
'A Company Secretary should not render any fraudulent or misleading opinion'. Discuss.

Answer & Explanation:

A Company Secretary should not render opinion that the he knows would be misleading. In addition, he/she should not render an opinion based on factual assumptions if he/she knows that the assumptions are false or that reliance on those facts is unreasonable. In addition, he/she should not be asked to render opinions on matters that are outside his or her area of professional competence. Where an opinion is appropriate but beyond the competence of the opinion giver, then the opinion giver should associate competent counsel to render the opinion. In no event should a Company Secretary be asked for opinions that are beyond the professional competence.

Topics: Professional Ethics

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