Punishment for false representations to creditors [ Section 73 ]

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....o creditors [ Section 73 of the IBC, 2016 ] Offence * Where any officer of the corporate debtor- * (a) on or after the insolvency commencement date, makes a false representation or commits any fr....

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....fficer of the corporate debtor Penalty * He shall be punishable * With Imprisonment for a term which shall not be less than three years, but may extend to five years or * With Fine which shal....