Prakash Gupta v. Securities and Exchange Board of India

SC • 2021
Summary

The court held that in respect of offences which lie outside the Indian Penal Code, compounding may be permitted only if the statute which creates the offence contains an express provision for compounding before such an offence can be made compoundable.
The power of compounding must, in other words, be expressly conferred by the statute which creates the offence.


Citations

MANU/SC/0469/2021

Keywords

Compounding of Offences, Labour Law

Overruled

None

Notes

Prakash Gupta vs. Securities and Exchange Board of India (23.07.2021 - SC)

The court held that in respect of offences which lie outside the Indian Penal Code, compounding may be permitted only if the statute which creates the offence contains an express provision for compounding before such an offence can be made compoundable.

The power of compounding must, in other words, be expressly conferred by the statute which creates the offence.

Notes Raw Data


Prakash Gupta vs. Securities and Exchange Board of India (23.07.2021 - SC)
The court held that in respect of offences which lie outside the Indian Penal Code, compounding may be permitted only if the statute which creates the offence contains an express provision for compounding before such an offence can be made compoundable.
The power of compounding must, in other words, be expressly conferred by the statute which creates the offence.