IndigoLearn

Sec 70

Plse explain sec 70 (1)...who is the liable.? Who is the incharge of the company -is lqible... As well as that company.. also ? Plse tell who is the liable fr punishmebt sec 70 (1)


Nivetharaman Raman

Nivetharaman Raman

CA Foundation

9K+

20-Aug-20 15:25

20

Answers (1)

Person incharge of the company (say director) will be guilty of offence In case of multiple directors, the one involved in the money laundering activity is guilty


ruchi lahoti

ruchi lahoti

Moderator

20-Aug-20 21:16