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how much punishment penalty corporate deboter has to pay for transfering of any property of the corporate debtor which has been obtained on credit?

April 10, 2020

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What is the punishment for any officer of thecQrporate debtor who has wilfully created any .secdIit-interest over, transferred or disposed of yoperty of the corporate debtor which hasbeen obtamed on credit and has not been paid for unless & uchcreation, transfer or disposal was in the ordnary course of the business of the corporate debtor?

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Did Officer of the corporate debtor got punishment at any time after the insolvency commencement date, not taken in pawn or pledge?

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