Case Law Details
Case Name : Shailendra Swarup Vs The Deputy Director (Supreme Court of India)
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Courts :
Supreme Court of India
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Shailendra Swarup Vs Deputy Director (Supreme Court of India)
Section 68 of FERA, 1973 deals with Offences by companies. Section 68(1) provides that every person who, at the time of the contravention was committed, was in charge of, and was responsible to, the company for the conduct of business of the company as well as the company, shall be deemed to be guilty of the contravention. Section 68(1) creates a legal fiction, i.e., “shall be deemed to be guilty”. The legal fiction triggers on fulfilment of conditions as co
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