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    <title>Punishment for false representations to creditors [ Section 73 ]</title>
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    <description>An officer of a corporate debtor who makes a false representation or commits fraud to obtain creditor consent regarding the debtor&#039;s affairs-whether before the insolvency commencement date for that purpose, or on or after that date during the corporate insolvency resolution or liquidation process-is criminally liable. The offence attracts imprisonment of not less than three years and up to five years, a fine of not less than one lakh and up to one crore rupees, or both.</description>
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