companies under offence compounding application
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Whether the concept of Alternate Director also applicable in case of Foreign Director as he is already residing outside India ?
director alternate concept applicability
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In case of appointment of Alternate Director, whether the Master Data of the Company reflects the Original Director too ?
director alternate appointment
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In what circumstances, special notice is required for the appointment of person other than the retiring auditor ?
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What is the offer period of private placement offer cum application letter in case shares are issued on private placement basis ?
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Is it possible to file the Unaudited Financial Statements of a Company, if yes, whether there is any option to file the Audited Financial Statements after filing of Unaudited Financials ?
company statements financials unaudited filing
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If an individual does not hold majority stake in the member company of the reporting company, whether filing of BEN-2 is applicable or not?
company reporting respect applicability
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Are there any restrictions or limitations on the number of foreign directors in an Indian Company ?
directors foreign number limitations
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Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return?
return included liabilities assets 
As per the Companies Act, 2013, the power to compound offences is vested with the Regional Director (RD) or the National Company Law Tribunal (NCLT), depending on the nature and gravity of the offence committed by the company. The RD has the power to compound offences punishable with a fine of up to Rs. 25 lakhs, while offences punishable with a higher amount can only be compounded by the NCLT.
In cases where the maximum fine payable for an offence is less than Rs. 25 lakhs and the power of compounding is with the RD, the company may file an application for compounding of the offence with the RD. The application should be made in the prescribed format and should include all the relevant details of the offence committed by the company.
It is important to note that the compounding of an offence is a discretionary power, and the RD may accept or reject the application based on the facts and circumstances of the case.