Amendment status not verified — confirm the current text below against the official source.
t1) Whenever an offence under this Act has been committed by a Company, every- person who at the time of the commission of the offence was in charge of, or was responsible to the_ Company for the conduct of the business of the Company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly. (2) Notwithstanding anything contained in sub- section ( l ), where an offence WJder this Act has been committed with the consent or connivance of, or is attributable to any neglect on the part of any Director, Manager, Secretary or other officer of the Company, such Director, Manager, Secretary or other officer shall also be deemed to · be guilty of that offence and shall be liable to be proceeded against and punished accordingly: Provided that nothing contained in this sub-section shall render any such person liable to any punishment under this Act if he proves that offence was committed without his knowledge or that he exercised all due diligence to prevertt the commission of such offence. Explanation: For the purpose of this Section- (a) "Company" means any body corporate and includes a firm or other association or individuals, and (b) "Director'', in relation to a finn, means a partner in the firm. (1) Any person aggrieved by a decision or action of the State Authority llllder this Act may, within · a period of thirty days from the date on which the action is taken or the decision is communicated to him/her and on payment of such fees as may be prescribed, prefer such an appeal to such appellate authority as may be specified by the State Government in this behalf: Provided that Appellate Authority may entertain an appeal after the expiry of the said period of thirty days, if it is satisfied that the applicant was prevented by sufficient cause from filing the appeal in time. (2) On receipt of on appeal under sub-section (1), the Appellate Authority shall, after giving the appellant an opportunity of being heard, dispose of the appeal as expeditiously as possible; preferably within 60 (sixty) days from the date of receipt of the appeal.