https://www.taxtmi.com/acts?id=32922 Section 24 deems a company and every person in charge of its business at the time of a contravention to be guilty and liable to proceedings, subject to proof that the contravention occurred without their knowledge or that they exercised all due diligence to prevent it. It also deems directors, managers, secretaries or other officers guilty where the contravention occurred with their consent or connivance or is attributable to their gross negligence. "Company" and an expanded definition of "director" are specified, and the section is additional to section 22A. en-us Fri, 23 Nov 2018 11:52:48 +0530 Tue, 12 Mar 2019 11:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32922 Section 24 deems a company and every person in charge of its business at the time of a contravention to be guilty and liable to proceedings, subject to proof that the contravention occurred without their knowledge or that they exercised all due diligence to prevent it. It also deems directors, managers, secretaries or other officers guilty where the contravention occurred with their consent or connivance or is attributable to their gross negligence. "Company" and an expanded definition of "director" are specified, and the section is additional to section 22A. Act-Rules SEBI Fri, 23 Nov 2018 11:52:48 +0530 https://www.taxtmi.com/acts?id=32922