Amendment status not verified — confirm the current text below against the official source.
(1)If a person commiting an offence under any enactment in 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 he liable to he proceeded against and punished accordingly Provided that nothing contained in this sub-section shall render any such person liable to any punishment, if he proved that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commi~ssion of such offence. (2)Where an offence under any enactment has been committed by a company, any Director, Manager Secretary or other officer of the company, not being a person in-charge or and responsible to the company for conduct of its business at the time of the commission of the offence, shall, if it is proved that the offence has been committed with 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 any body corporate and includes a firm or other association of persons and (b) “director” in relation to a firm, means a partner in the firm. Gender and number