Home › The Chartered Accountants Act, 1949 › Chapter VII – Penalties
Section 26: Unqualified persons not to sign documents
(1) No person other than a member of the Institute shall sign any document on behalf of a chartered accountant in practice or a firm of such chartered accountants in his or its professional capacity. (2) Any person who contravenes the provisions of sub-section (1) shall, without prejudice to any other proceedings, which may be taken against him, be punishable on first conviction with a fine not less than Rs. 1,00,000 but which may extend to Rs. 5,00,000, and in the event of a second or subsequent conviction with imprisonment for a term which may extend to one year or with fine not less Rs. 2,00,000 but which may extend to Rs. 10,00,000 or with both.
Source: official text of The Chartered Accountants Act, 1949 as published on India Code (PDF). All sections of the Chartered Accountants Act, 1949.