https://www.taxtmi.com/article/detailed?id=9935 The Code criminalises concealment, falsification, false representations, material omissions, and contraventions of moratorium or approved resolution plans by officers of the corporate debtor, prescribing specified terms of imprisonment and fines. Creditors and corporate applicants who knowingly furnish false information or authorise moratorium breaches face penal consequences. Insolvency professionals incur criminal liability for deliberate contraventions and regulatory disciplinary monetary penalties, with a graduated penalty framework specified by the Board for enumerated non compliances. en-us Wed, 04 Aug 2021 09:50:29 +0530 Wed, 04 Aug 2021 09:50:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9935 The Code criminalises concealment, falsification, false representations, material omissions, and contraventions of moratorium or approved resolution plans by officers of the corporate debtor, prescribing specified terms of imprisonment and fines. Creditors and corporate applicants who knowingly furnish false information or authorise moratorium breaches face penal consequences. Insolvency professionals incur criminal liability for deliberate contraventions and regulatory disciplinary monetary penalties, with a graduated penalty framework specified by the Board for enumerated non compliances. Articles Corporate Laws / IBC / SEBI Wed, 04 Aug 2021 09:50:29 +0530 https://www.taxtmi.com/article/detailed?id=9935