https://www.taxtmi.com/caselaws?id=193670 The judgment concluded that the Company Law Board (CLB) can compound offences under Section 621A(1) of the Companies Act, 1956, without prior permission from the criminal court, even if prosecution is pending. The CLB's compounding jurisdiction is separate from the court's jurisdiction under Sub-section (7) of Section 621A. The case was remanded to the Northern Region Bench for further consideration of the compounding application. en-us Mon, 12 May 1997 00:00:00 +0530 Fri, 11 Aug 2017 16:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193670 The judgment concluded that the Company Law Board (CLB) can compound offences under Section 621A(1) of the Companies Act, 1956, without prior permission from the criminal court, even if prosecution is pending. The CLB's compounding jurisdiction is separate from the court's jurisdiction under Sub-section (7) of Section 621A. The case was remanded to the Northern Region Bench for further consideration of the compounding application. Case-Laws Companies Law Mon, 12 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193670