A “Compound” means settling a matter by a money payment. The money is paid in place of any other liability. When an individual or a company commits any offense, the RBI compounding application is applied to save him from the prosecution.s
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How To Raise Proposal For RBI Compounding Application?
Compounding an offense will avoid any lawsuits arising from the offense even in the future. We at Vakilsearch helps you in your compounding application in 3 simple steps –
We collect Memorandum, files of previous compounding, board resolution approval and FIRC report from you.
We write and submit the compounding application along with the required documents to the RBI office
We help you get the order in the least possible time and affordable cost
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