Tag Archives: Punishment for false representations to creditors under Insolvency and Bankruptcy Code 2016

Section 73 of Insolvency and Bankruptcy Code 2016

Section 73 of Insolvency and Bankruptcy Code 2016 [ Note : Section 73  comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ]. Punishment for false representations to creditors. 73. Where any officer of the corporate debtor— (a) on or after the insolvency commencement date, makes a false representation or… Read More »