Amendment status not verified — confirm the current text below against the official source.
(1) Where an offence under this Act his bee'n committed by a OF^,,,,, company, thecompany as well asevery personinchargeof,andresponsible companies. to, the company for the conduct of its business at the time of thecommission of the offence shall be deemed to k guilty of the offence and shall be liable to be proceeded against and punished accor&ngly : Provided that nothing conmned in this sub-section shall render any such person liable to any puriishment if he proves that the offence was committed without hs knowledge or that he exercised all due diligence to prevent the cornrnssion of such offence. (2) Notwithstanding anfigg contained in sub= tion (I], where an offence under this Act has been committed by a company and it is proved that the offence ,has been committed with the consefl or connivance of,or chat the commission of the offence is artributable to any neglect on thepart of, any Dirtcur, Manger, Secretary or other officer