https://www.taxtmi.com/caselaws?id=333416 The Tribunal held jurisdiction to compound offences under Section 621A of Companies Act, 1956 and Section 441 of Companies Act, 2013, even during ongoing prosecution. The Applicant Company violated Section 149 by delaying the appointment of a Woman Director but later complied. Financial difficulties and lack of activities justified the delay. The Tribunal allowed compounding of the offence post-prosecution, with specified fines, acknowledging the reasons for delay and subsequent compliance. The order directed payment of fines and notification to the Special Judge for Economic Offences. en-us Mon, 29 Aug 2016 00:00:00 +0530 Tue, 02 Apr 2019 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333416 The Tribunal held jurisdiction to compound offences under Section 621A of Companies Act, 1956 and Section 441 of Companies Act, 2013, even during ongoing prosecution. The Applicant Company violated Section 149 by delaying the appointment of a Woman Director but later complied. Financial difficulties and lack of activities justified the delay. The Tribunal allowed compounding of the offence post-prosecution, with specified fines, acknowledging the reasons for delay and subsequent compliance. The order directed payment of fines and notification to the Special Judge for Economic Offences. Case-Laws Companies Law Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333416