NCLT Cannot Impose Compounding Fees Below Minimum Fine for Offenses Under Companies Act Sections 165(1) and 165(6).

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....Whether Tribunal (NCLT) can impose the compounding fees u/s 441(1) of the Act, less than minimum prescribed for the offence u/s 165 (1) read with Section 165(6)? - the Tribunal has no jurisdiction to reduce the fine less than the minimum fine prescribed for the offence - AT....