CLB rightly allowed compounding on Co's failure to obtain opinion of Govt. for payment of remunerati

CL : Where respondent No. 1 company and respondent No. 2 were charged for failure to obtain opinion of Central Government before payment of remuneration to one of its directors and for failure to electronically upload attachments to profit and loss account along with directors' report before Register of Companies, CLB was justified in allowing application filed by respondents for compounding offences by levying compounding fee and fine imposed under section 629A of 1956 Act