he shall be liable to penalty which may extend to twenty-five lakh rupees.]] — THE INDUSTRIES (DEVELOPMENT AND REGULATION) ACT, 1951

6 [he shall be liable to penalty which may extend to twenty-five lakh rupees.]] (2) If the person contravening any of the said provisions is a company , every person who at the time the offence 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 provided in this Act, if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (3) Notwithstanding anything contained in sub-section (2), 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

Section 6