Sensitive contraventions: suspected money laundering, terror financing or threats to sovereignty are non-compoundable by RBI. Sensitive contraventions are cases suspected of involving money laundering, terror financing or conduct affecting the sovereignty and integrity of the nation; such matters are excluded from the standard compounding mechanism and shall not be compounded by the authority empowered to compound under the foreign exchange regime.
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.
Sensitive contraventions: suspected money laundering, terror financing or threats to sovereignty are non-compoundable by RBI.
Sensitive contraventions are cases suspected of involving money laundering, terror financing or conduct affecting the sovereignty and integrity of the nation; such matters are excluded from the standard compounding mechanism and shall not be compounded by the authority empowered to compound under the foreign exchange regime.
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