Dear frnds,
Wat is suo moto compounding of offence and wat is the procedure for that?
rgds,
Shridhi Jain
Shridhi Jain (Company Secretary) (1678 Points)
08 December 2010Dear frnds,
Wat is suo moto compounding of offence and wat is the procedure for that?
rgds,
Shridhi Jain
ankit jain
(CS trainee)
(152 Points)
Replied 08 December 2010
Suo moto compounding of offence means where a company comes to know about some default which is committed by the company and till date ROC did not recognise the default then the company by itself may apply for the suo moto compounding of that offence. Application has to be made to the ROC for compounding of such offence.