Question
Consider the following about corporate liability under Section 16: 1. Person directly in charge of company business deemed guilty along with company 2. Due diligence defence available to person in charge 3. Directors guilty if offence with their consent, connivance or neglect 4. "Company" excludes firms and associations of individuals Which statement is incorrect?
More Other Laws and Acts Questions
- A Supreme Court Judge cannot be removed from his office without
- Who has the power to appoint the Governor of a State?
- Right to lodge caveat has been provided in which Section of the Code of Civil Procedure, 1908.
- The word Adjudication means_____________
- Precept is defined under which section of CPC?
- Section 144(3) allows the Magistrate to consider the grounds of refusal of a wife to live with her husband, including—
- Under the Prohibition of Money Laundering Act (PMLA), what does "attachment" mean?
- What does the term "National Bank" refer to as defined under the RBI Act?
- Which international conference is referenced in the preamble of the Environment (Protection) Act, 1986 as the basis for its enactment?
- A person can act as proxy on behalf of members not exceeding fifty and holding in the aggregate ___________________ of the company carrying voting rights
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)