Compounding of Offence under the Companies Act in India: A Comprehensive Guide

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Compounding of offence under the Companies Act in India is a legal process that enables companies to settle their cases outside of court by paying a prescribed penalty. In this video, we'll provide you with a comprehensive guide on compounding of offence under the Companies Act in India and how it works.

We'll cover:

The definition of compounding of offence and its relevance under the Companies Act
The types of offences that can be compounded and the conditions that must be met
The procedure for initiating and completing a compounding of offence application
The role of the Registrar of Companies and the National Company Law Tribunal in the compounding of offence process
The benefits and drawbacks of compounding of offence under the Companies Act
Real-world examples of compounding of offence under the Companies Act and how they were resolved
Whether you're a legal professional, a business owner, or an individual facing legal charges under the Companies Act, this video will provide you with the knowledge and insights you need to navigate the compounding of offence process effectively.

So join us as we explore the world of compounding of offence under the Companies Act in India and learn how it can help you resolve legal disputes in a timely and cost-effective manner. Don't forget to like and subscribe for more informative legal content.

Thank you for watching, and we hope this video has provided you with valuable insights into the world of compounding of offence under the Companies Act in India.

Sonika Bharati,
FCS LLB, Designated Partner,
AKG Advisory LLP,

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Ma'am Thank you for detailed explanation in short video.
I have a doubt about compounding of offence U/s 184(4) of The Companies Act, 2013 in relation to Non Disclosure of Interest by Director. Penalty is Rs. 100, 000/- how it can be compounded ? can you plz provide your insights
Thank you😇

KamalBachani