Punishment for certain offences

Whoever violates the provisions of this Chapter or any scheme, or any order, of the Tribunal or the Appellate Tribunal or makes a false statement or gives false evidence before the Tribunal or the Appellate Tribunal or attempts to tamper with the records of reference or appeal filed under this Act, he shall be punishable with imprisonment for a term which may extend to seven years and with fine which may extend to ten lakh rupees.

Notes, amendments & references (2)

Omitted vide The Insolvency and Bankruptcy Code, 2016. To view the notification, Click Here

Appellate Tribunal means the National Company Law Appellate Tribunal constituted under section 410