https://www.taxtmi.com/caselaws?id=369852 The Tribunal held that joint applications for compounding offences by a defaulting company and its officers are permissible, even for the same offence committed in different years. It clarified that imprisonment is not mandatory for repeated offences within three years, with fines being doubled instead. The Tribunal also confirmed its jurisdiction to compound offences without a pecuniary limit. A Technical Member disagreed on the interpretation of enhanced punishment for repeated offences under Section 451. The impugned order was set aside, and the case was remitted for further consideration without costs. en-us Thu, 27 Sep 2018 00:00:00 +0530 Tue, 25 Dec 2018 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369852 The Tribunal held that joint applications for compounding offences by a defaulting company and its officers are permissible, even for the same offence committed in different years. It clarified that imprisonment is not mandatory for repeated offences within three years, with fines being doubled instead. The Tribunal also confirmed its jurisdiction to compound offences without a pecuniary limit. A Technical Member disagreed on the interpretation of enhanced punishment for repeated offences under Section 451. The impugned order was set aside, and the case was remitted for further consideration without costs. Case-Laws Companies Law Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369852