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[Cites 0, Cited by 0] [Section 57] [Entire Act]

State of Maharashtra - Subsection

Section 57(2) in Maharashtra Jeevan Authority Act, 1976

(2)Notwithstanding anything contained in sub-section (1), where any, 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 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)'Director' in relation to a firm, means a partner in the firm.