https://www.taxtmi.com/acts?id=605 Section 81 imposed corporate liability by deeming both the company and every person in charge and responsible for the company's business at the time of an offence to be guilty, subject to a due diligence defence where the person proves lack of knowledge and that all due diligence was exercised. It also made directors, managers, secretaries or other officers liable if the offence resulted from their consent, connivance or neglect, and defined "company" to include firms and "director" in relation to a firm to mean a partner. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 01 Dec 2014 16:39:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=605 Section 81 imposed corporate liability by deeming both the company and every person in charge and responsible for the company's business at the time of an offence to be guilty, subject to a due diligence defence where the person proves lack of knowledge and that all due diligence was exercised. It also made directors, managers, secretaries or other officers liable if the offence resulted from their consent, connivance or neglect, and defined "company" to include firms and "director" in relation to a firm to mean a partner. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=605