Mera Samvidhaan All of Insolvency and Bankruptcy Code, 2016

Part III · Chapter VII · Offences and Penalties

185Punishment for contravention of provisions.

Section 185 · Part III · Chapter VII · page 126 of the Act

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.

Section 185 of The Insolvency and Bankruptcy Code, 2016 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.