Misconduct during corporate insolvency resolution triggers criminal penalties including imprisonment and fines for officers and insolvency professionals. Section 70 prescribes that after the insolvency commencement date officers who fail to disclose property or transaction details to the resolution professional, refuse to deliver corporate property, books or papers, conceal that a debt was falsely proved, prevent production of documents, or account for property by fictitious losses or expenses, are subject to criminal penalties including imprisonment and fines, subject to proof of no intent. The section separately penalises deliberate contraventions by insolvency professionals with imprisonment or fines under a distinct penalty regime.