Compounding is the settlement of an offense committed by the contravener by imposing a monetary penalty rather than going to litigation once the contravener admits to committing the offense.
source https://www.caclubindia.com/articles/compounding-of-contraventions-under-fema-1999-45701.asp
source https://www.caclubindia.com/articles/compounding-of-contraventions-under-fema-1999-45701.asp
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