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The_Insolvency_and_Bankruptcy_Code_2016

Section / Rule Number Content


42 Contravention of orders of Commission
42A Compensation in case of contravention of orders of Commission
43 Penalty for failure to comply with directions of Commission and Director General
43A Power to impose penalty for non-furnishing of information on combinations
44 Penalty for making false statement or omission to furnish material information
45 Penalty for offences in relation to furnishing of information
46 Power to impose lesser penalty
47 Crediting sums realised by way of penalties to Consolidated Fund of India
48 Contravention by companies
48A.Settlement.
48B.Commitment.
48C.Revocation of the settlement or commitment order and penalty.

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