https://www.taxtmi.com/manuals?id=3137 Section 68 penalises officers of a corporate debtor who, within the twelve months before the insolvency commencement date or thereafter, wilfully conceal, remove, destroy, falsify or alter property, debts, books or papers relating to the corporate debtor, or create, transfer or dispose of assets obtained on credit except in the ordinary course of business; liability extends to knowingly receiving such property. Officers are criminally liable with imprisonment and fines, subject to a defence of no intent to defraud or conceal. en-us Fri, 01 Sep 2023 16:52:00 +0530 Fri, 08 Dec 2023 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3137 Section 68 penalises officers of a corporate debtor who, within the twelve months before the insolvency commencement date or thereafter, wilfully conceal, remove, destroy, falsify or alter property, debts, books or papers relating to the corporate debtor, or create, transfer or dispose of assets obtained on credit except in the ordinary course of business; liability extends to knowingly receiving such property. Officers are criminally liable with imprisonment and fines, subject to a defence of no intent to defraud or conceal. Manuals IBC Fri, 01 Sep 2023 16:52:00 +0530 https://www.taxtmi.com/manuals?id=3137