Form 31 — Compounding — Quantified. Applied. Settled.
Applications to compound a default rather than contest it — assessing whether the offence is compoundable, quantifying exposure, drafting the application and appearing before the authority.
Book Free ConsultationCompounding settles a default by payment rather than prosecution. Not every offence is compoundable, and where it is, the amount is influenced by the period of default and whether the default was made good before or after the application.
At N D Savla & Associates, we establish whether the offence can be compounded, make the default good first where that helps, and prepare the application with the facts fully stated.
Applications fail on presentation more often than on merit. An application that understates the period of default, or that is filed while the default is still running, invites scrutiny that a candid application would not.
Our Compounding Services
Default Identification
Identification of the specific default, the provision breached and the officers in default.
Compoundability Assessment
Assessment of whether the offence is compoundable and before which authority.
Period Computation
Computation of the period of default, which drives the exposure.
Rectification First
Making the underlying default good before the application, where that is possible.
Exposure Quantification
An estimate of the likely compounding exposure for the company and officers.
Application Drafting
Drafting of the application with a full and candid statement of facts.
Representation
Appearance and representation before the compounding authority.
Order Compliance
Payment under the order and the consequential filings and record-keeping.
Our Compounding Process
Default Mapped
The provision breached, the period and the officers in default are established.
Route Confirmed
Compoundability and the correct authority are confirmed.
Default Cured
The underlying non-compliance is made good where it still can be.
Application Filed
The application is drafted, supported and filed.
Order & Payment
The matter is represented, the order obtained and payment made.
Why It Matters
Frequently Asked Questions
Facing a default you would rather settle?
Send us the provision and the period involved — we'll assess compoundability and quantify the exposure.
