Section 60(3) in Jammu and Kashmir Prohibition of Benami Property Transactions Act, 2018
(3)Notwithstanding anything contained in sub-section (1), where a contravention of any of the provisions of this Act or of any rule, direction or order made thereunder has been committed by a company and it is proved that the contravention has taken place 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, the director, manager, secretary or other officer shal1 also be deemed to be guilty of the contravention and shall be liable to be proceeded against and punished accordingly.Explanation. - For the purposes of this section,-(a)"company" means a body corporate, and includes-(i)a firm ; and(ii)an association of persons or a body of individuals whether incorporated or not ; and(b)"director", in relation to-(i)a firm, means a partner in the firm ;(ii)any association of persons or a body of individuals, means any member controlling the affairs thereof.
