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Punishment for transactions defrauding creditors.

Section 69 - Act - OFFENCES AND PENALTIES - Insolvency and Bankruptcy Code, 2016 - Section 69 - 69. On or after the insolvency commencement date, if an officer of the corporate debtor or the corporate debtor- (a) has made or caused to be made any gif .....

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date of any unsatisfied judgment, decree or order for payment of money obtained against the corporate debtor, such officer of the corporate debtor or the corporate debtor, as the case may be, shall be punishable with imprisonment for a term which sha .....

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