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Section 69 : Offences by companies - The Real Estate (Regulation and Development) Act, 2016

What is Offences by companies under section 69 of The Real Estate (Regulation and Development Act, 2016). Offences by companies is defined under Section 69 of the Act. Provisions under Section 69 are:

Section 69 "Offences by companies" - The Real Estate (Regulation and Development Act, 2016)

 

(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, or was responsible to the company for the conduct of, the business of the company, as well as the company, 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 under this Act 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 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 purpose 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.

 

 

The Real Estate (Regulation and Development) Act, 2016

Section 61 : Penalty for contravention of other provisions of this Act

Section 62 : Penalty for non registration and contravention under sections 9 and 10

Section 63 : Penalty for failure to comply with orders of Authority by promoter

Section 64 : Penalty for failure to comply with orders of Appellate Tribunal by promoter

Section 65 : Penalty for failure to comply with orders of Authority by real estate agent

 

 

Section 66 : Penalty for failure to comply with orders of Appellate Tribunal by real estate agent

Section 67 : Penalty for failure to comply with orders of Authority by allottee

Section 68 : Penalty for failure to comply with orders of Appellate Tribunal by allottee

Section 69 : Offences by companies

Section 70 : Compounding of offences

 

 

Section 71 : Power to adjudicate

Section 72 : Factors to be taken into account by the adjudicating officer

CHAPTER IX
FINANCE, ACCOUNTS, AUDITS AND REPORTS

Section 73 : Grants and loans by Central Government

Section 74 : Grants and loans by State Government

Section 75 : Constitution of Fund

 

 

Section 76 : Crediting sums realised by way of penalties to Consolidated Fund of India or State account

Section 77 : Budget accounts and audit

Section 78 : Annual Report

CHAPTER X
MISCELLANEOUS

Section 79 : Bar of Jurisdiction

Section 80 : Cognizance of Offences

Section 81 : Delegation

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