The Insolvency and Bankruptcy Code, 2016
PART V Miscellaneous
Section 235A: Punishment where no specific penalty or punishment is provided.
1[235A. If any person contravenes any of the provisions of this Code or the rules or regulations made thereunder for which no penalty or punishment is provided in this Code, such person shall be punishable with fine which shall not be less than one lakh rupees but which may extend to two crore rupees.]
———————— Amendments:
1. Section 235A inserted by the Insolvency and Bankruptcy Code (Amendment) Act, 2018, effective from 23rd day of November, 2017.
Section 235A: Punishment where no specific penalty or punishment is provided
About the Author: PCS
Leave A Comment
You must be logged in to post a comment.