Offences by companies

Q: When did Section 41 of the Actuaries Act come into force?

Section 41 of the Actuaries Act, cited as Actuaries Act 2006 41, came into force on 10 Nov 2006, having been enacted on 27 Aug 2006. It is in force as at the date shown on this page.

In force From 10 Nov 2006 Act 35 of 2006 As on 19 Oct 2026

Act 35 of 2006 Ministry Finance Enacted 27 Aug 2006 In force 10 Nov 2006

Section 41 of the Actuaries Act, 2006 deals with offences by companies. If the person committing an offence under this Act is a company, the company as well as every person in charge of, and responsible to, the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence and shall be liable to be procee The Act came into force on 10 Nov 2006.

(1) If the person committing an offence under this Act is a company, the company as well as every person in charge of, and responsible to, the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly:
Provided that nothing contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he had exercised all due diligence to prevent the commission of such offence.
(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 connivance of, or that the commission of the offence 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 also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly.
Explanation.--For the purposes of this section--
(a) "company" means any body corporate and includes a firm or other association of individuals; and
(b) "director", in relation to a firm, means a partner in the firm.
Section 41, The Actuaries Act, 2006 (Act 35 of 2006).

Questions about Section 41

What does Section 41 of the Actuaries Act deal with?

Section 41 of the Actuaries Act is headed "Offences by companies". If the person committing an offence under this Act is a company, the company as well as every person in charge of, and responsible to, the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence and shall be liable to be procee

How do I find court cases under Section 41 of the Actuaries Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Actuaries Act 2006 41, section 41 Actuaries Act 2006, section 41 of the Actuaries Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When did Section 41 of the Actuaries Act come into force?

Section 41 of the Actuaries Act, cited as Actuaries Act 2006 41, came into force on 10 Nov 2006, having been enacted on 27 Aug 2006. It is in force as at the date shown on this page.

Other sections of this Act

2. Definitions500 words
12. Composition of Council of Institute453 words
22. Finances of Council384 words
6. Entry of names in register381 words
19. Functions of Council380 words
56. Power to make regulations372 words

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 19 Oct 2026. This page is not a substitute for legal advice.