Contravention by Companies

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....sponsible to, the company for the conduct of the business of the company, as well as the company, shall be deemed to be guilty of the ^4[contravention] and shall be liable to be proceeded against and punished accordingly : Provided that nothing contained in this sub-section shall render any such person liable to any punishment provided in this Act, if he proves that the ^4[contravention] was co....

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....) "company" means any body corporate and includes a firm or other association of individuals; and (b) "director", in relation to a firm, means a partner in the firm.     ******************* NOTES:- 1. Substituted vide Section 202 of the  Finance Act, 2018 dated 29-03-2018 w.e.f. 08-03-2019 before it was read as, "Offences by companies....