Compounding powers delegated to regional offices for specified FEMA contraventions, with high value cases retained at central cell. Regional Offices of the Reserve Bank are empowered to compound six specific FEMA contraventions concerning share issuance and related foreign inward remittances, filing of form FC(GPR), delayed issue or refund of share monies, pricing guideline violations, issuance of ineligible instruments, and issuance without requisite approvals. All Regional Offices except Kochi and Panaji may compound these contraventions without monetary limit; Kochi and Panaji may compound such contraventions below a prescribed monetary threshold, with higher-value cases and all other contraventions referred to CEFA, Mumbai. Applications to compound must be submitted to the relevant Regional Office or to CEFA as applicable.