https://www.taxtmi.com/acts?id=13086 Section 621A empowers the Central Government to compound offences under the Companies Act that are not punishable with imprisonment only or with imprisonment and fine, by accepting a prescribed sum not exceeding the maximum fine and accounting for additional fee under section 611. Applications are made to the Registrar who forwards them to the Central Government; compounding requires company notice to the Registrar, precludes prosecution if effected before institution, and mandates court notice and discharge if effected after institution. The Central Government may order filing of overdue documents and prescribe penalties for noncompliance; certain imprisonment offences remain non compoundable. en-us Fri, 20 May 2011 11:37:46 +0530 Fri, 20 May 2011 11:37:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13086 Section 621A empowers the Central Government to compound offences under the Companies Act that are not punishable with imprisonment only or with imprisonment and fine, by accepting a prescribed sum not exceeding the maximum fine and accounting for additional fee under section 611. Applications are made to the Registrar who forwards them to the Central Government; compounding requires company notice to the Registrar, precludes prosecution if effected before institution, and mandates court notice and discharge if effected after institution. The Central Government may order filing of overdue documents and prescribe penalties for noncompliance; certain imprisonment offences remain non compoundable. Act-Rules Companies Law Fri, 20 May 2011 11:37:46 +0530 https://www.taxtmi.com/acts?id=13086