https://www.taxtmi.com/caselaws?id=98525 Penal liability under the Foreign Exchange Regulation Act, 1947 was held to be personal and could not be fastened on the legal representatives of a deceased sole proprietor in the absence of express statutory language. The court noted that vicarious liability in a penal statute cannot be extended beyond the terms and object of the enactment. A provision dealing with persons in charge of a company was inapplicable because the sons were neither responsible for, nor in control of, the sole proprietorship when the alleged contraventions occurred. Mere succession to the estate did not create liability for the deceased proprietor's alleged breaches, and the penalty order was unsustainable. en-us Mon, 25 Mar 1968 00:00:00 +0530 Fri, 20 Jan 2012 18:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98525 Penal liability under the Foreign Exchange Regulation Act, 1947 was held to be personal and could not be fastened on the legal representatives of a deceased sole proprietor in the absence of express statutory language. The court noted that vicarious liability in a penal statute cannot be extended beyond the terms and object of the enactment. A provision dealing with persons in charge of a company was inapplicable because the sons were neither responsible for, nor in control of, the sole proprietorship when the alleged contraventions occurred. Mere succession to the estate did not create liability for the deceased proprietor's alleged breaches, and the penalty order was unsustainable. Case-Laws Companies Law Mon, 25 Mar 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98525