TMI BlogPunishment for misconduct in courses of corporate insolvency resolution process.X X X X Extracts X X X X X X X X Extracts X X X X ..... disclose to the resolution professional all the details of property of the corporate debtor, and details of transactions thereof, or any such other information as the resolution professional may require; or (b) does not deliver to the resolution professional all or part of the property of the corporate debtor in his control or custody and which he is required to deliver; or (c) does not del ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h shall not be less than three years, but which may extend to five years, or with fine, which shall not be less than one lakh rupees, but may extend to one crore rupees, or with both: Provided that nothing in this section shall render a person liable to any punishment under this section if he proves that he had no intent to do so in relation to the state of affairs of the corporate debtor. ( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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