§ 185 Insolvency and Bankruptcy Code Act, 2016

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Section 185. Punishment for contravention of provisions

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Act
Insolvency and Bankruptcy Code Act, 2016
Section number
185

Section reader

185. Punishment for contravention of provisions.-

If an insolvency professional deliberately contravenes the provisions of this Part, he shall be punishable with imprisonment for a term which may extend to six months, or with fine, which shall not be less than one lakh rupees, but may extend to five lakhs rupees, or with both.