Punishment for contravention of moratorium or the resolution plan [ Section 74 ]

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....tor or any of its officer violates the provisions of section 14, * Liability * Corporate Debtor or Any officer * Penalty * any such officer who knowingly or wilfully committed or authorised or permitted such contravention shall be punishable with * With Imprisonment for a term which shall not be less than three years, but may extend to five years or * With Fine which shall not be le....

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....f found Guilty ). Punishment for contravention of moratorium or the resolution plan by the Corporate Debtor [ Section 74(3) ] * Offence * Where the corporate debtor, any of its officers or creditors or any person on whom the approved resolution plan is binding under section 31, knowingly and wilfully contravenes any of the terms of such resolution plan or abets such contravention, * Liabil....