State whether the following offences under the Companies Act, 2013 are compoundable. If yes, also mention compounding authority: Failure to keep proper financial statements.

CS Professional · Resolution of Corporate Disputes, Non-Compliances & Remedies · PYQS · December 2022
State whether the following offences under the Companies Act, 2013 are compoundable. If yes, also mention compounding authority: Failure to keep proper financial statements.

Answer & Explanation:

Answer Section no. Nature of offence Compoundable or Not Compounding Authority (ii) 129(7) Failure to keep proper financial statement Compoundable Regional Director

Topics: Company Law

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