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    <title>Offences by Companies.</title>
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    <description>Liability attaches to a company and to every person in charge of its business for offences under the Act; officers who consented, connived or whose negligence attributable to the offence are also liable. Similar deeming liability applies to partners, karta or managing trustees for partnerships, LLPs, HUFs and trusts. A person is not liable if he proves lack of knowledge or that he exercised all due diligence to prevent the offence. The section explains that &quot;company&quot; includes firms and associations and &quot;director&quot; in a firm means a partner.</description>
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      <description>Liability attaches to a company and to every person in charge of its business for offences under the Act; officers who consented, connived or whose negligence attributable to the offence are also liable. Similar deeming liability applies to partners, karta or managing trustees for partnerships, LLPs, HUFs and trusts. A person is not liable if he proves lack of knowledge or that he exercised all due diligence to prevent the offence. The section explains that &quot;company&quot; includes firms and associations and &quot;director&quot; in a firm means a partner.</description>
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