Compounding of Offences under the Foreign Exchange Management Act (FEMA) of 1999

Compounding of Offences‘ means a compromise between the two parties, where the complainant agrees to drop charges against the accused. Section 320 of The Code of Criminal Procedure, 1973 (Cr P.C.) provides for compounding of certain offences which are punishable under the Indian Penal Code (IPC) of 1860. There are certain serious offences for which parties cannot compromise, these offences are called Non-Compoundable Offences. 

Compounding of Offences under the Foreign Exchange Management Act (FEMA) of 1999 - (mylawyersadvice.com)

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