Contravention by companies [Section 42]

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Full Text of the Document

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....e to be proceeded against and punished accordingly:- * if there is contravention of any provisions of the act or any rule by the direction or order made thereunder is a company. Exception :- If any such person liable to punishment if he proves that the contravention took place without his knowledge or that he exercised due diligence to prevent such contravention. Section 42(2) where a contrav....