Sri Lanka Consolidated Acts

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Companies (Special Provisions) Law (No. 19 of 1974) - Sect 25

Special provisions in respect of offences committed by bodies of persons

25. Where an offence under this Law is committed by a body of persons, then,-
(a) if the body of persons is a body corporate, every director and officer of that body corporate shall be deemed to be guilty of that offence;
(b) if the body of persons is a firm, every partner of the firm shall be deemed to be guilty of that offence; and
(c) if the body of persons is a body unincorporate, other than a firm, the president, manager, secretary and every officer of that body shall each be deemed to be guilty of that offence:
Provided, however, that no such person shall be deemed to be guilty of an offence under this Law if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of that offence.

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