2 Replies
CA Revati Galgali
(B.com ACA DipIFR(ACCA) CS(Exe))
(1049 Points)
Replied 07 April 2012
Settling or compromising the offence, generally by paying a sum of money. After compounding, the offence cannot be acted against.
CA Revati Galgali
(B.com ACA DipIFR(ACCA) CS(Exe))
(1049 Points)
Replied 07 April 2012
compounding can be done only in respect of compoundable offences, i.e. the type of offences for which compounding can be done is generally specified
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