Essential Commodities Act, 1955
Section - 10 - Offences by companies
Offences by companies
10. (1) If the person contravening an order made under section 3 is a company, every person who, at the time the contravention was committed, was in charge of, and was responsible 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 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 if he proves that the contravention took place without his knowledge or that he exercised all due diligence to prevent such contravention.
(2) Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to any neglect on the part of, any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly.
Explanation : For the purposes of this section,-
| (a) | - | "company" means any body corporate, and includes a firm or other association of individuals; and |
| (b) | - | Google Play store
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGERAnupam Parashar & Co. Ghaziabad CA Final View Details
ARTICLESHIP
18 September 2026
Industrial TraineeTwenty Point Nine Five Ventures Private Limited Noida CA Inter View Details
ARTICLESHIP
07 September 2026
Article/ Paid AssistantMurali and Sumeet Chartered Accountant Bengaluru CA Foundation View Details
08 September 2026
Semi-Qualified AssitantSubrahmanyam & Sivudu CA Firm Hyderabad CA Inter View Details
CCI
Pro
|
CAclubindia
