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of <h1>Rule 9 prohibits compounding when violation amounts are unquantifiable or involve money-laundering terror financing threats</h1> Rule 9 of the Foreign Exchange (Compounding Proceedings) Rules, 2024 prohibits compounding of contraventions in specific circumstances. Compounding is not permitted when the violation amount cannot be quantified, when section 37A provisions apply, when enforcement authorities suspect serious contraventions involving money-laundering or terror financing that threaten national sovereignty, when adjudicating authorities have already imposed penalties under section 13, or when further investigation is required to determine the contravention amount. Such cases must be remitted to appropriate adjudicating authorities for formal adjudication proceedings.
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