https://www.taxtmi.com/caselaws?id=233763 The Supreme Court upheld the Delhi High Court's decision, affirming that the Company Law Board (CLB) has the authority to compound offences under Section 211(7) of the Companies Act without requiring prior permission from the criminal court. The court clarified that the CLB's power to compound offences is independent of the criminal court's powers, and both entities have parallel authority in this regard. The appeal was dismissed without any order as to costs. en-us Fri, 10 May 2013 00:00:00 +0530 Fri, 05 Aug 2016 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233763 The Supreme Court upheld the Delhi High Court's decision, affirming that the Company Law Board (CLB) has the authority to compound offences under Section 211(7) of the Companies Act without requiring prior permission from the criminal court. The court clarified that the CLB's power to compound offences is independent of the criminal court's powers, and both entities have parallel authority in this regard. The appeal was dismissed without any order as to costs. Case-Laws Companies Law Fri, 10 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233763