Punishment for wilful and material omissions from statements relating to affairs of corporate debtor [ Section 72 ]

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..... ns - Insolvency and Bankruptcy - Manuals - Punishment for wilful and material omissions from statements relating to affairs of corporate debtor [ Section 72 of the IBC, 2016 ] Offence .....

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..... With Fine which shall not be less than ₹ 1 lakh , but may extend to ₹ 1 crore rupees, or With Both ( Imprisonment Minimum Three year and Fine ₹ 1,00,000/- fin .....

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