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Section 185 - Insolvency and Bankruptcy Code Act, 2016

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.

Related Sections

Section 153: Approval of creditors for certain acts
Section 119: Discharge order
Section 2: Application
Section 128: Effect of bankruptcy order
Section 43: Preferential transactions and relevant time

Related Acts

The Bharatiya Nyaya Sanhita, 2023
Goods and Services Tax (Compensation to States) Amendment Act, 2018
Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017
Regional Centre for Biotechnology Act, 2016
National Medical Commission Act, 2019

* Only for reference.