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In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?
- a)Not liable under any circumstances.
- b)Liable only if the person knew about the offence.
- c)Liable only if the person actively participated in the offence.
- d)Liable regardless of knowledge, with a chance to avoid punishment.
Correct answer is option 'D'. Can you explain this answer?
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In the context of offences by companies, what is the liability of a pe...
If an offence under the Act is committed by a company, the person who was in charge of and responsible for the conduct of the company's business, along with the company, shall be deemed guilty of the offence. However, the person can avoid punishment by proving that the offence was committed without their knowledge or that they exercised all due diligence to prevent it. This is established in Sec.278B(1) and (2).
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In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer?
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In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer?.
In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer?.
Solutions for In the context of offences by companies, what is the liability of a person in charge of a company's conduct if an offence is committed by the company?a)Not liable under any circumstances.b)Liable only if the person knew about the offence.c)Liable only if the person actively participated in the offence.d)Liable regardless of knowledge, with a chance to avoid punishment.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com.
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