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)
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
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