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2019 (4) TMI 821 - Tri - Companies LawCompounding of Offences - non-filing of the cost audit report - section 233B of the Companies Act, 1956 - offence related to the year 2013-14 - section 233B(11) of the Companies Act, 1956 - Held that:- Since the offence is said to have been committed under the erst-while provisions of the Companies Act, 1956 whereunder it has been held by the hon'ble Supreme Court that this Tribunal has the power to compound such like offences attendant with such like punishment as in the present one and even if prosecution is pending before the criminal court and also taking into consideration the change in law on and from February 9, 2018 to section 441(1) as brought forth by the Companies (Amendment) Act, 2017 (1 of 2018) this Tribunal has the power to compound the offence as brought forth in this application. In relation to the provision above it is seen that the defaulter has made good the default. The offence shall stand compounded - petition disposed off.
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