Amendment status not verified — confirm the current text below against the official source.
(~)'Whkrc any a ~ c n & , .under thii Adb'h:lr , hcco c6mmittcd' bv a company companies. Every penon wl~o, at tho rime thc offence was commillcd, ivari"iii"dLIrgc of, and , .,-,, ,. , , ,. , :,;was rcsponslblc to, the .company,,for ;the ;;,cpnduct:-, pFj !lie liQuaess or the cornpa- ny as wrli as the company, sli+ll bc:. duemed to . .bq, &q!ky of thc offcncc and shall bc liablc to be proceedcd against and punisIied aaordingly : .. . : ., - !i 'l;:t,.l, : ,; , i s ' ! ) .-, ' , ~;,oviacd .that nothing ,contnipcd in; tI$s ' seclibn. sha~:.m,ndcr any suclt person liable to any punishment 'if hc proves tliat t k ~ uffe,?~, .;Y~S curnmlilcd willlout his knowcldgc or that hc exercised all due dellrgence to prevcnl thc comnlissiori of . . . . . such ag oqcnce., ,, ,,,.. , -,(!, ,:I , , ,,:,,::;, , (:(,, . c m ,I, , : ,, ! (2) Notwilhstanding anything contained in sub-section (I), Wherc an on'cuce ::.:I!,, . r,m~~~nder-thisrActjha~.bcen,commiited ,and it is :pioved that,,U.ief$lfencc has beeu , . ! ., 1 :, , .tI co&itted with .the consent or iconvinancc ofoi.is atliibutable to;:.any;~~glcct thc . , . , . , ; part .of any Director, Maaager, . Secretary or : other '08m of: .t,be. company, huch , . . , .,. : , I . .. Directgr; ~Ma'oager, Secreta~y ',or utber Qfficzr .shall ' also .be . dcemcd :,h bc guilt) . .. ,m.2i,::,; , * # of..,that offence, and Ishall .be liablc .tc bc proueedcdl ,;;ilg;li .st, gad punishcd .,. . . .; .. -:I:.; :, amrding1yl.i , :-, .! ,; , I 1 -.;., ,:. z ; i i ; ~ i ~ i ~ ( $ l 3 - # : I : . '1; ,i ,:YIfd,'; , i t ( '( ~~;?,;-?YJI[ Explanflfl~-For the puroosk!s '$:illis sectlo n,- .. . , , , ,,:, I ; . , , A . - (a): "C6rnpany" mdris any ,body. bipbiate .,an! ,":5nclii'dds:& r m or other : ; i 1 : : - : ~ . & ~ ~ ~ i ~ [ i d ~ J b f indivjsunls;-,'and - 1 , ' . - ,;i n ; 2 ~ k , ; , , * I F , , ;, j i , , . . , - , . !:;:,,, -!yjid ,:;i ,;[ii;,.,,,: ,IN,,:, :- I - 1 . . : ,,-. ,:. :... , , . j . ; , : ! , . ;i!, , . / I :;;:r~;i:-::) (b) "Director" in relation to a 6rm. means a partncr ini,l.l$ql,Lm