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

Section 77 - Act - OFFENCES AND PENALTIES - Insolvency and Bankruptcy Code, 2016 - Section 77 - 77. Where- (a) a corporate debtor provides information in the application under section 10 which is false in material particulars, knowing it to be false .....

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able with imprisonment for a term which 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 which may extend to one crore rupees, or with both. Explanation.-For the pur .....

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