Amendment status not verified — confirm the current text below against the official source.
(1) Any enterprise that fails to comply with the conditions or undertaking in the self-certifi cation given to the Nodal Agency or other Department or authorities shall be punishable with fi ne which may extend to fi fteen thousand rupees for the fi rst offence and upto twenty-fi ve thousand rupees for the second or subsequent offences. The fi ne so imposed shall be in addition to any other recourse which may be available under the applicable law. (2) Where an offence under this Act is committed by an enterprise, the enterprise as well as every person in charge of, and responsible to, the enterprise for the conduct of its business at the time of commission of the offence, shall be deemed to be guilty of the offence and liable to be punished under this section. (3) Notwithstanding anything contained in sub-section (2), where an offence under this Act has been committed with the consent or connivance of, or that commission of the offence is attributable to any neglect on the part of proprietor, managing partner, any director, manager, secretary or any other offi cer or authorized signatory, such proprietor, managing partner, director, manager, secretary or any other offi cer or authorized signatory shall also be deemed to be guilty of that offence and shall be liable to be punished under this section. Explanation.— For the purpose of this section— (a) “enterprise” means any body corporate and includes a fi rm or other association of individuals; and (b) “director”, in relation to a fi rm, means a partner in the fi rm.