Section 24A in The Securities And Exchange Board Of India (Amendment) Act, 2002
24A. Composition of certain offences.- Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974 ), any offence punishable under this Act, not being an offence punishable with imprisonment only, or with imprisonment and also wi h fine, may either before or after the institution of any proceeding, be compounded by a Securities Appellate Tribunal or a court before which such proceedings are pending.
