Fraudulent management of corporate debtor during pre-packaged insolvency resolution process
Section 67A of the Insolvency and Bankruptcy Code, 2016 deals with fraudulent management of corporate debtor during pre-packaged insolvency resolution process. packaged insolvency resolution process.--On and after the pre-packaged insolvency commencement date, where an officer of the corporate debtor manages its affairs with the intent to defraud creditors of the corporate debtor or for any fraudulent purpose, the Adjudicating Authority may, on an applicat The Act was enacted on 28 May 2016.
1[67A. Fraudulent management of corporate debtor during pre-packaged insolvency resolution process.--On and after the pre-packaged insolvency commencement date, where an officer of the corporate debtor manages its affairs with the intent to defraud creditors of the corporate debtor or for any fraudulent purpose, the Adjudicating Authority may, on an application by the resolution professional, pass an order imposing upon any such officer, a penalty which shall not be less than one lakh rupees, but may extend to one crore rupees.]
Section 67A, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 67A
What does Section 67A of the Insolvency and Bankruptcy Code deal with?
Section 67A of the Insolvency and Bankruptcy Code is headed "Fraudulent management of corporate debtor during pre-packaged insolvency resolution process". [67A. Fraudulent management of corporate debtor during pre-packaged insolvency resolution process.--On and after the pre-packaged insolvency commencement date, where an officer of the corporate debtor manages its affairs with the intent to defraud creditors of the corporate debtor or for any fraudul
How do I find court cases under Section 67A of the Insolvency and Bankruptcy Code?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 67A, section 67A Insolvency and Bankruptcy Code, section 67A of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 67A of the Insolvency and Bankruptcy Code, and has it changed?
2 other provisions in this corpus refer back to it.
When was Section 67A of the Insolvency and Bankruptcy Code enacted?
Section 67A of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 67A, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.
Other sections of this Act
- 240. Power to make regulations2349 words
- 5. Definitions2326 words
- 3. Definitions1381 words
- 29A. Person not eligible to be resolution applicant1152 words
- 239. Power to make rules963 words
- 196. Powers and functions of Board942 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.