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Compounding of Offences – 10 Questions Quiz !

Compounding of Offences

The Companies Act 2013 provides for stricter enforcement of penalties in time bound manner by establishing necessary mechanism for enforcement of penalties such as establishment of special court, appointment of adjudicating officers, imposition of penalties for various offences including fraud depends on the gravity of an offence, hefty penalties, wider definition of officer in default etc., Further the act bifurcates offences into compoundable and non-compoundable offences. Further based on the quantity of penalty the compoundable
offences are compounded either by the Tribunal or the regional Director as the case may be.

Here is an interesting quiz on compounding of offences under the Companies Act.

Take This Challenge !

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