Offences by societies

(1) liable to any punishment, if he proves that offence was committed without his knowledge or that he had exercised 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 society and it is proved that the offence has been committed with the consent or connivance of, or that the commission of offence is attributable to any neglect on the part of any officer of the Society, such officer of the Society shall be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly.