Section 70 of Insolvency and Bankruptcy Code 2016
Section 70 of Insolvency and Bankruptcy Code 2016 [ Note : Section 70 comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ]. Punishment for misconduct in courses of corporate insolvency resolution process. 70. (1) On or after the insolvency commencement date, where an officer of the corporate debtor— (a)… Read More »