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examples of compoundable and non compoundable oddwnces??

PRAVESH JAIN (EMPLOYEE) (144 Points)

06 October 2017

please give 2-3 examples of both as given in companies act????

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PRAVESH JAIN (EMPLOYEE) (144 Points)
Replied 06 October 2017

it's *offences by mistake written as oddwnces in title

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Rais khatri (article student) (47 Points)
Replied 06 October 2017

section 447 - penalty for fraud is non compoundable as is says imprisonment and fine both

punishment for violation of section 128 is compoundable as it has "or" in between.

basic funda is where penalty prescribes "Imprisonment and fine" or only "Imprisonment" it is called non compoundable as imprisonment can not be avoided by paying monetary compensation.

all other cases apart from mentioned above would be compounding one.

i hope this will help you. Thanks.

Rais khatri (article student) (47 Points)
Replied 06 October 2017

section 447 - penalty for fraud is non compoundable as is says imprisonment and fine both

punishment for violation of section 128 is compoundable as it has "or" in between.

basic funda is where penalty prescribes "Imprisonment and fine" or only "Imprisonment" it is called non compoundable as imprisonment can not be avoided by paying monetary compensation.

all other cases apart from mentioned above would be compounding one.

i hope this will help you. Thanks.

Rais khatri (article student) (47 Points)
Replied 06 October 2017

section 447 - penalty for fraud is non compoundable as is says imprisonment and fine both

punishment for violation of section 128 is compoundable as it has "or" in between.

basic funda is where penalty prescribes "Imprisonment and fine" or only "Imprisonment" it is called non compoundable as imprisonment can not be avoided by paying monetary compensation.

all other cases apart from mentioned above would be compounding one.

i hope this will help you. Thanks.

PRAVESH JAIN (EMPLOYEE) (144 Points)
Replied 07 October 2017

@ rais khatri ji tysm....very nicely explained....thanks

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