IBC 235A — Punishment where no specific penalty or punishment is provided

Insolvency & Bankruptcy Code, 2016

Statutory text

[235A. Punishment where  no  specific  penalty  or  punishment  is  provided.—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.]

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