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Compounding Offences Under Companies Act Shouldn't Allow Evasion of Accountability for Large-Scale Misconduct and Document Fabrication.

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Full Text of the Document

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....Compounding of offences arising out of various defaults and non- compliance of statutory requirements - Compounding of the offences under the Companies Act would hamper the Criminal Prosecutions and no accused should be allowed to get away with deliberate large scale bungling and fabrication of documents carried out with criminal intention.....