Section 5A: Compounding of offence

Q: What does Section 5A of The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 (TNPID) deal with?

Section 5A TNPID pertains to "Compounding of offence". It is part of the The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997, a legislation enacted by the Parliament of India. Section 5A of The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 (TNPID) governs compounding of offence. As verified on 19 May 2026.

Q: Is Section 5A TNPID still in force?

Yes, Section 5A of the The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 is currently in force across the Republic of India.

Q: What is धारा 5A TNPID?

धारा 5A TNPID is the Devanagari Hindi reference for Section 5A of the The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997. Section 5A of The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 (TNPID) governs compounding of offence. As verified on 19 May 2026.

Q: What is Dhara 5A TNPID?

Dhara 5A TNPID is the Roman Hindi reference for Section 5A of the The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997. "Dhara" means "Section" in Hindi. Section 5A of The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 (TNPID) governs compounding of offence. As verified on 19 May 2026.

Q: How to cite Section 5A of The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997?

Cite as: "Section 5A, The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997 (TNPID)" in legal briefs. For academic writing, use the BlueBook format: The Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997, § 5A (India).

Law on Tips Editorial Board

Compounding of offence.

(1)

An offence punishable under section 5 may, before the institution of the prosecution, be compounded by the Competent authority or after the institution of the prosecution, be compounded by the Competent authority with the permission of the Special Court, on payment of the entire amount due to the depositors with or without interest.

(2)

Where an offence has been compounded under sub-section (1), no proceeding or further proceeding, as the case may be, shall be taken or continued against the offender, in respect of the offence so compounded and the offender, if in custody shall be discharged forthwith.

CHAPTER -IV