https://www.taxtmi.com/acts?id=9018 Section 26 deems a company and any person in charge of its business at the time of an offence to be guilty and liable to proceedings, subject to a defence proving lack of knowledge or exercise of all due diligence. It further deems directors, managers, secretaries or other officers guilty where an offence is committed with their consent, connivance or is attributable to their neglect. "Company" includes bodies corporate, firms, societies, trade unions and other associations, and "director" for such associations means a partner or member of the governing body. en-us Fri, 17 Oct 2008 16:06:24 +0530 Thu, 26 Jun 2025 16:28:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9018 Section 26 deems a company and any person in charge of its business at the time of an offence to be guilty and liable to proceedings, subject to a defence proving lack of knowledge or exercise of all due diligence. It further deems directors, managers, secretaries or other officers guilty where an offence is committed with their consent, connivance or is attributable to their neglect. "Company" includes bodies corporate, firms, societies, trade unions and other associations, and "director" for such associations means a partner or member of the governing body. Act-Rules FEMA Fri, 17 Oct 2008 16:06:24 +0530 https://www.taxtmi.com/acts?id=9018