Section 334(2)

(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 104 conniv ance 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 be deemed to be guilty of that offence and shall be liable to be proceeded against punished accordingly. Explanation .-For the purposes of this section, -