Punishment for false information furnished in application
Section 75 of the Insolvency and Bankruptcy Code, 2016 deals with punishment for false information furnished in application. Where any person furnishes information in the application made under section 7, which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material, such person shall be punishable with fine which shall not be less than one lakh rupees, but may extend The Act was enacted on 28 May 2016.
Where any person furnishes information in the application made under section 7, which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material, such person shall be punishable with fine which shall not be less than one lakh rupees, but may extend to one crore rupees.
Section 75, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).
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Questions about Section 75
What does Section 75 of the Insolvency and Bankruptcy Code deal with?
Section 75 of the Insolvency and Bankruptcy Code is headed "Punishment for false information furnished in application". Where any person furnishes information in the application made under section 7, which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material, such person shall be punishable with fine which shall not be less than one lakh rupees, but may extend
How do I find court cases under Section 75 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 75, section 75 Insolvency and Bankruptcy Code, section 75 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 75 of the Insolvency and Bankruptcy Code, and has it changed?
Its own text turns on section 7 (Initiation of corporate insolvency resolution process by financial creditor), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 75 of the Insolvency and Bankruptcy Code enacted?
Section 75 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 75, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.
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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.