Tag Archives: Punishment for wilful and material omissions from statements relating to affairs of corporate debtor

Section 72 of Insolvency and Bankruptcy Code 2016

By | December 1, 2016

Section 72 of Insolvency and Bankruptcy Code 2016 [ Note : Section 72  comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ]. Punishment for wilful and material omissions from statements relating to affairs of corporate debtor. 72. Where an officer of the corporate debtor makes any material and wilful… Read More »