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    <title>POWER OF REGIONAL DIRECTOR TO COMPOUND OFFENCES UNDER COMPANIES ACT, 2013</title>
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    <description>The Companies Act, 2013 permits compounding of specified offences by the Regional Director where the offence is punishable with fine only and the maximum prescribed fine does not exceed the statutory monetary ceiling for Regional Director compounding. A comprehensive list of corporate, filing, securities, auditor, director and liquidation related contraventions is set out with their respective penal ranges and, where applicable, distinct fines for companies and officers in default, noting instances that exceed the Regional Director&#039;s compounding limit.</description>
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    <pubDate>Mon, 26 Nov 2018 07:51:55 +0530</pubDate>
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      <description>The Companies Act, 2013 permits compounding of specified offences by the Regional Director where the offence is punishable with fine only and the maximum prescribed fine does not exceed the statutory monetary ceiling for Regional Director compounding. A comprehensive list of corporate, filing, securities, auditor, director and liquidation related contraventions is set out with their respective penal ranges and, where applicable, distinct fines for companies and officers in default, noting instances that exceed the Regional Director&#039;s compounding limit.</description>
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