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What is the purpose of the Compounding of Certain Offences under Section 441 of the Companies Act, 2013?
  • a)
    To provide immunity to companies from prosecution
  • b)
    To reduce the severity of punishments for offences
  • c)
    To allow individuals to avoid fines by settling outside of court
  • d)
    To allow companies to avoid prosecution by paying a specified sum
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of the Compounding of Certain Offences under Secti...
Section 441 of the Companies Act, 2013 provides for the compounding of certain offences, allowing companies to avoid prosecution by paying a sum specified by the Tribunal or authorized officer. This helps in resolving cases efficiently and without lengthy court proceedings.
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What is the purpose of the Compounding of Certain Offences under Section 441 of the Companies Act, 2013?a)To provide immunity to companies from prosecutionb)To reduce the severity of punishments for offencesc)To allow individuals to avoid fines by settling outside of courtd)To allow companies to avoid prosecution by paying a specified sumCorrect answer is option 'D'. Can you explain this answer?
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What is the purpose of the Compounding of Certain Offences under Section 441 of the Companies Act, 2013?a)To provide immunity to companies from prosecutionb)To reduce the severity of punishments for offencesc)To allow individuals to avoid fines by settling outside of courtd)To allow companies to avoid prosecution by paying a specified sumCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of the Compounding of Certain Offences under Section 441 of the Companies Act, 2013?a)To provide immunity to companies from prosecutionb)To reduce the severity of punishments for offencesc)To allow individuals to avoid fines by settling outside of courtd)To allow companies to avoid prosecution by paying a specified sumCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the Compounding of Certain Offences under Section 441 of the Companies Act, 2013?a)To provide immunity to companies from prosecutionb)To reduce the severity of punishments for offencesc)To allow individuals to avoid fines by settling outside of courtd)To allow companies to avoid prosecution by paying a specified sumCorrect answer is option 'D'. Can you explain this answer?.
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