Amendment status not verified — confirm the current text below against the official source.
(1) If a person committing an offence under any enactment is a company, the company as well as every person in charge of and responsible to the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly; Provided that noting contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Where an offence under any enactment has been committed by a company, any director, manager, secretary or order officer or the company, not being a person in charge of and responsible to the company for the conduct of its business at the time of the commission of the offence, shall , if it is his consent or convenience or that the commission of the offence is attributable to any neglect on his part, also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation: For the purpose of this section- (a) company means anybody corporate and includes firm or other association of person, and (b) director, in relation to a firm, means a partner in the firm.