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A Company Secretary in employment agrees to accept a commission from a vendor for recommending the vendor's services to the employer without obtaining the employer's knowledge or consent. Under Part II of the First Schedule to the Company Secretaries Act, 1980, which action would best prevent professional misconduct?
Accept the commission because it does not affect the employment contract.
Accept the commission if the recommended vendor offers the lowest quotation.
Accept the commission after informing the vendor that it is confidential.
Decline the commission unless the employer has given prior knowledge or consent.
Decline the commission unless the employer has given prior knowledge or consent.
Practice and solve "A Company Secretary in employment agrees to accept a commission from a vendor for recommending the v..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: Decline the commission unless the employer has given prior knowledge or consent.. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A Company Secretary in employment agrees to accept a commission from a vendor for recommending the v..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: Decline the commission unless the employer has given prior knowledge or consent.. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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