law: Trade Monopolies and Restrictive Trade Practices Act, 1969 
  53. Offences by Companies
  (1) Where an offence under this
  
  Act has been committed by 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 offence 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 offence was committed without his knowledge or that he had
  
  exercised all due diligence to prevent the commission of such offence.
  (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 a
  
  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.