Amendment status not verified — confirm the current text below against the official source.
fl) If the person committing an offence under this Act is a company, ev ry person who, at the time the offence vas- committed, was in-charge of, and was responsible to, the company for the con duct of its business as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished ac cordingly. Provided that nothing contained in this sub section shall render any such person liable to any punishment provided in this Act, if he proves that the offence was committed without his kn< wFdge or that he exercised all due diligence to prevent its commission. f2) Notwithstanding anything contained in sub section N), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the con sent or connivance oi, or is attributable to any neglect on the part of any director, manager, sec retary or other officer of the company, such direc tor, manager, secretary or other officers shall be liable to be proceeded against and punished ac cordingly. Explanation For the purpose ol the section (a) “ Company ” means a body corporate and in cludes a firm or other association ol individuals; and •' I 950 THE ASSAM G A ZE TTE , E X T R A -O R D IN A R Y , N O V .14,1987 (b) ‘'director” in relation to a firm means a partner in the firm. th^lS^not No order made in exercise of any power t» be gues- conferred by or under this Act shall be called in m the question in any court except as provided in this Act. Validation of acts and proceedings.