Amendment status not verified — confirm the current text below against the official source.
Substituted by Act No. 31 of 1995. Central Act 2 of 1974. Power to arrest without warrant in certain cases Power of investigation. Central Act 2 of 1974. Jurisdiction to try offences. Offences by Companies. [Act No. 16 of 1968] 9 Provided that nothing 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 deligence to prevent the commission of such offence. (2) Notwithstanding anything in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or that the commission of the offence is attributable to any neglect on the part of any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer, shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation:- For the purposes of this section,- (a) “company” means any body corporate and includes a firm or other association of individuals; and (b) “director”, in relation to a firm, means a partner in the firm.