Operational creditor concealment offence under insolvency law was later omitted after prescribing imprisonment, fine, or both. Section 76 of the Insolvency and Bankruptcy Code originally dealt with punishment for wilful or knowing concealment by an operational creditor in a section 9 application of a notified dispute or full and final payment of unpaid operational debt. Liability also extended to any person who knowingly and wilfully authorised or permitted the concealment. The provision prescribed imprisonment, fine, or both, but was later omitted with effect from 26 May 2026.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Operational creditor concealment offence under insolvency law was later omitted after prescribing imprisonment, fine, or both.
Section 76 of the Insolvency and Bankruptcy Code originally dealt with punishment for wilful or knowing concealment by an operational creditor in a section 9 application of a notified dispute or full and final payment of unpaid operational debt. Liability also extended to any person who knowingly and wilfully authorised or permitted the concealment. The provision prescribed imprisonment, fine, or both, but was later omitted with effect from 26 May 2026.
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