https://www.taxtmi.com/acts?id=39805 Providing information in the pre packaged insolvency application under section 54C, or in the list of claims or preliminary information memorandum under section 54G, that is false in material particulars or omitting material facts, or knowingly authorising such conduct, is punishable; deliberate contravention by a director or partner of Chapter III A also attracts penal liability. An application is materially false if the true or non omitted facts would have determined the existence of a default under the Code. en-us Mon, 05 Apr 2021 11:48:14 +0530 Mon, 05 Apr 2021 11:48:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39805 Providing information in the pre packaged insolvency application under section 54C, or in the list of claims or preliminary information memorandum under section 54G, that is false in material particulars or omitting material facts, or knowingly authorising such conduct, is punishable; deliberate contravention by a director or partner of Chapter III A also attracts penal liability. An application is materially false if the true or non omitted facts would have determined the existence of a default under the Code. Act-Rules F. Acts / Amendment Acts Mon, 05 Apr 2021 11:48:14 +0530 https://www.taxtmi.com/acts?id=39805