https://www.taxtmi.com/acts?id=38137 Section 32A provides that a corporate debtor's liability for offences committed before the insolvency process ends where an approved resolution plan effects change of management or control to a person who was not a promoter, related party, or the subject of an investigating authority's material-based suspicion and report; prosecutions during the process are discharged on approval subject to conditions. Designated partners and officers in default involved in the offence remain prosecutable. Property covered by such approved plans is protected from attachment or seizure in relation to pre-insolvency offences, while cooperation with investigators remains required. en-us Mon, 30 Dec 2019 13:19:54 +0530 Sat, 14 Mar 2020 11:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38137 Section 32A provides that a corporate debtor's liability for offences committed before the insolvency process ends where an approved resolution plan effects change of management or control to a person who was not a promoter, related party, or the subject of an investigating authority's material-based suspicion and report; prosecutions during the process are discharged on approval subject to conditions. Designated partners and officers in default involved in the offence remain prosecutable. Property covered by such approved plans is protected from attachment or seizure in relation to pre-insolvency offences, while cooperation with investigators remains required. Act-Rules F. Acts / Amendment Acts Mon, 30 Dec 2019 13:19:54 +0530 https://www.taxtmi.com/acts?id=38137