Compounding cap: authority may limit compounding penalty per regulation for certain FEMA contraventions subject to exceptional circumstances. The compounding authority may, based on the nature of the contravention, exceptional circumstances, and wider public interest, cap the maximum compounding amount at INR 2,00,000 for each regulation or rule applied in a compounding application in respect of contraventions under row 5 of the computation matrix, subject to the authority's satisfaction of the facts and public interest considerations.
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.
Compounding cap: authority may limit compounding penalty per regulation for certain FEMA contraventions subject to exceptional circumstances.
The compounding authority may, based on the nature of the contravention, exceptional circumstances, and wider public interest, cap the maximum compounding amount at INR 2,00,000 for each regulation or rule applied in a compounding application in respect of contraventions under row 5 of the computation matrix, subject to the authority's satisfaction of the facts and public interest considerations.
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