Compounding of offences allows authorised regional officers to settle fine-only breaches, halting prosecution when compounded. The Regional Director or an authorised officer may compound offences punishable with fine only by collecting a sum up to the statutory maximum and not ... Summary
The Limited Liability Partnership (Amendment) Act, 2021
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Compounding of offences allows authorised regional officers to settle fine-only breaches, halting prosecution when compounded.
The Regional Director or an authorised officer may compound offences punishable with fine only by collecting a sum up to the statutory maximum and not below the statutory minimum. Applications for compounding are filed with the Registrar, who forwards them with comments to the competent officer. Compounding before prosecution bars prosecution; compounding after prosecution requires Registrar notice to the court and discharge of the offender. A three-year bar prevents compounding of repeat offences, and the officer may direct filing of returns or payment of fees; noncompliance permits doubling the maximum fine.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.