Offences by companies
Section 16 of the Coinage Act, 2011 deals with offences by companies. Where an offence under this Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of its business, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and p The Act came into force on 28 Mar 2012.
(1) Where an offence under this Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of its business, 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 person liable to any punishment, if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence.
(2) Notwithstanding, anything contained in sub-section (1), where any 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 is attributable to, any neglect on the part of any director, manager, secretary or other officer, such director, manager, secretary or other officer of the company shall 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, society or other association of individuals; and
(b) "director", in relation to--
(i) a firm, means a partner or proprietor of the firm;
(ii) a society or other association of individuals, means the person who is entrusted, under the rules of the society or other association, with the management of the affairs of the society or other association of the individuals, as the case may be.
Section 16, The Coinage Act, 2011 (Act 11 of 2011).
Questions about Section 16
What does Section 16 of the Coinage Act deal with?
Section 16 of the Coinage Act is headed "Offences by companies". Where an offence under this Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of its business, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and p
How do I find court cases under Section 16 of the Coinage 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: Coinage Act 2011 16, section 16 Coinage Act 2011, section 16 of the Coinage Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 16 of the Coinage Act come into force?
Section 16 of the Coinage Act, cited as Coinage Act 2011 16, came into force on 28 Mar 2012, having been enacted on 01 Sep 2011. It is in force as at the date shown on this page.
Other sections of this Act
- 12. Prohibition of making or melting or destruction of coins358 words
- 2. Definitions291 words
- 27. Repeal and savings276 words
- 9. Power to certain persons to cut, diminished or defaced coins196 words
- 6. Coin when a legal tender185 words
- 7. Decimal system of coinage153 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.