Compounding of offence under Section 621A of the Companies Act, 1956 - companies under liquidation - clarification.

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.... Dated: 6.3.2002 To All Regional Directors All Registrar of Companies Subject:- Compounding of offence under Section 621A of the Companies Act, 1956 - companies under liquidation - clarification. Sir, A point has been raised in one of the inspection follow-up files as to whether the offences committed by Directors of a company can be compounded under Section 621A of the Companies Act, 1956, ....