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The maximum punishment for providing false information in the application made by a financial creditor to initiate a corporate insolvency resolution process

April 10, 2020

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The maximum punishment for the corporate debtor or any of its officers who violates the provisions during moratorium or wilfully committed or authorized or permitted such contravention

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When an operational creditor has wilfully or knowingly concealed in an application under Section 9 the fact that the corporate debtor had notified him of a dispute in respect of the unpaid operational debt or the full and final repayment of the unpaid operational debt, he shall be punishable with?

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