Immunity from prosecution enables compounding of filing delays under a company law settlement for Jammu and Kashmir companies. The notification establishes the Company Law Settlement (Jammu and Kashmir) Scheme, 2003 to grant immunity from prosecution and permit compounding of delays in filing certain statutory documents under the Companies Act, 1956 for companies in the State of Jammu and Kashmir, thereby enabling eligible companies to regularise non-compliance by settlement in lieu of prosecution.
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Provisions expressly mentioned in the judgment/order text.
Immunity from prosecution enables compounding of filing delays under a company law settlement for Jammu and Kashmir companies.
The notification establishes the Company Law Settlement (Jammu and Kashmir) Scheme, 2003 to grant immunity from prosecution and permit compounding of delays in filing certain statutory documents under the Companies Act, 1956 for companies in the State of Jammu and Kashmir, thereby enabling eligible companies to regularise non-compliance by settlement in lieu of prosecution.
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