Punishment for providing false information in application made by corporate debtor . — Where — — THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 18-8-2021

Punishment for providing false information in application made by corporate debtor . — Where —

77. Punishment for providing false information in application made by corporate debtor . — Where — (a) a corporate debtor provides information in the application under section 10 which is false in material particulars, knowing it to be false and omits any material fact, knowing it to be material; or (b) any person who knowingly and wilfully authorised or permitted the furnishing of such information under sub -clause (a),

Section 77