28. Offences committed by a partnership

Where an offence under this Act is committed by in the name and style of a partnership, its partners at the time of committing such offence shall be individually liable for the committing of such offence, notwithstanding each such partner not being responsible for committing the act which constitute the relevant offence:

Provided however, that no such partner shall be-

prosecuted if he satisfies the Investigation

deemed to be guilty for having committed an offence if he on a balance of probability proves before court, that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of the offence.