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        FEMA

        Rule 10 - Consequences of Failure to Pay the Compounded sum

        Foreign Exchange (Compounding Proceedings) Rules 2000.

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        Failure to pay compounded sum results in loss of compounding and reversion to statutory contravention consequences. Failure to pay the compounded sum within the prescribed time causes the applicant to be deemed never to have applied for compounding, and the provisions of the Act governing the contravention apply to them.
                        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.
                        Provisions expressly mentioned in the judgment/order text.

                            Failure to pay compounded sum results in loss of compounding and reversion to statutory contravention consequences.

                            Failure to pay the compounded sum within the prescribed time causes the applicant to be deemed never to have applied for compounding, and the provisions of the Act governing the contravention apply to them.


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