TMI BlogOffences by companies, etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly. (2) Nothing in sub-section (1) shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he had exercised all due diligence to prevent the commission of such offence. (3) Notwithstanding anything in sub-section (1), where an offe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... referred to in sub-section (3), shall be liable to be proceeded against and punished in accordance with the provisions of this Code. (5) In this section— (a) "company" means a body corporate, and includes — (i) an unincorporated body; (ii) a Hindu undivided family; (b) "director", in relation to — (i) an unincorporated body, means a participant in the body; (ii) a Hindu undivided family, means an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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