Offence committed by the Companies [ Section 39 ]

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Full Text of the Document

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....for the conduct of the business of the company, * as well as the company, * shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly. [ Section 39(1) ] * Exception :- However, such person shall not liable to any punishment he prove that the offence was committed if he proves that * the offence was committed without this knowledge or....