Tax Management India. Com TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Punishment for false information, concealment, etc., by bankrupt.

Section 186 - Act - OFFENCES AND PENALTIES - Insolvency and Bankruptcy Code, 2016 - Section 186 - 186. If the bankrupt- (a) knowingly makes a false representation or wilfully omits or conceals any material information while making an application for .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the purposes of clause (a), a false representation or omission includes non-disclosure of the details of disposal of any property, which but for the disposal, would be comprised in the estate of the bankrupt, other than dispositions made in the ordi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

control, he shall be punishable with imprisonment which may extend to one year, or with fine, which may extend to five lakh rupees, or with both; (c) has contravened the restrictions under section 140 or the provisions of section 141, he shall be pu .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ion or control, which he is required to deliver under section 156, he shall be punishable with imprisonment for a term which may extend to six months, or with fine, which may extend to five lakh rupees, or with both; (e) has failed to account, withou .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version