Securities Market can be
compounded. The decision deals with the factors to be considered
while deciding compounding application in accordance with
guidelines ... proposal of accused for compounding the offence.
12. In the present case, the petitioners had preferred the
compounding application before SEBI authorities prior to
launching
Jurisprudential basis for ‘Compounding’
E.4 Compounding outside of CrPC
E.5 Regulatory role of SEBI
F Guidelines for Compounding under Section 24A
G Analysis ... passing consent orders/
compounding of offences?
A. … Any party who wishes to compound an offence shall file
an appropriate application before the court where complaint
compounding, but when the petitioner
approached respondent no.1 for compounding the very allegation,
the compounding application was returned. While one of the
allegations ... Compounding rules. The procedure for
compounding is set forth in Rule 8 of the Compounding Rules. It
confers power upon the Compounding Authority to call
compounding.
The following conditions should be satisfied
before considering a case for compounding:-
4.1 XXXXX
4.2 XXXXX
4.3 XXXXX
4.4.Cases not be compounded ... compounding the
offences before the Compounding Committee on 10.09.2019 for the
second time.
11. The Compounding Committee once again rejected the
application filed for compounding
behalf of the Respondent-compounding authority, the main
objection taken is that as per the respondents, the compounding
application filed by the Petitioner under ... filing
the compounding application. The prayers of the Petitioner
seeking direction regarding carrying out of adjudication and
considering the application for compounding are reasonable
hereinafter referred to as “the 2008
guidelines”). The application, along with application for compounding
SLP (C) NO. 20519 of 2024 Page ... respectively, and he had preferred compounding applications
for both the assessment years. While his compounding application for
the AY 2011-12 came to be allowed
compounding application by order dated 21 August 2019.
6) On 16 October 2023, Respondent No.1 filed second
application for compounding and by reply dated ... compound the offence due to non-payment of
interest @ 12% p.a. bound the learned Special Judge while
deciding the successive compounding application. Mr. Kapadia
fresh application for compounding
the offences before the Compounding Committee presided by the
three respondents herein on 09.09.2019.
8.The Compounding Committee consisting ... Section 275A , 275B , 276 cannot be
compounded as per the above guidelines. For compounding such
offences, the compounding fee has been prescribed in paragraph
April, 2017 with the Court holding that compounding
charges cannot be collected prior to the compounding application being
decided on merits. The question ... Compounding of the criminal offence;
(b) Undertaking to withdraw the appeal;
(c) Undertaking to pay the compounding charges determined;
50. Having filed the compounding application
undertaking to remove the non compoundable construction on
his own and the Compounding process stood completed thus
no new compounding can be made. The order ... undated application. The
translation of the application dated 01.08.2008 reads as follows:
"Deputy Secretary,
Hardwar Development Authority,
Hardwar,
Subject: - Application for compounding
