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Section77A
The Insolvency and Bankruptcy Code, 2016

Punishment for offences related to pre-packaged insolvency resolution process

In force Act 31 of 2016 As on 24 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Cited by 1 provision

Section 77A of the Insolvency and Bankruptcy Code, 2016 deals with punishment for offences related to pre-packaged insolvency resolution process. Where-- (a) a corporate debtor provides any information in the application under section 54C which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material; The Act was enacted on 28 May 2016.

1[77A. Punishment for offences related to prepackaged insolvency resolution process.--(1) Where--

(a) a corporate debtor provides any information in the application under section 54C which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material; or

(b) a corporate debtor provides any information in the list of claims or the preliminary information memorandum submitted under sub-section (1) of section 54G which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material; or

(c) any person who knowingly and wilfully authorised or permitted the furnishing of such information under sub-clauses (a) and (b),

such corporate debtor or person, as the case may be, shall be punishable with imprisonment for a term which shall not be less than three years, but which may extend to five years or with fine which shall not be less than one lakh rupees, but which may extend to one crore rupees, or with both.

(2) If a director or partner of the corporate debtor, as the case may be, deliberately contravenes the provisions of Chapter III-A, such person shall be punishable with imprisonment for not less than three years, but which may extend to five years, or with fine which shall not be less than one lakh rupees, but which may extend to one crore rupees, or with both.

Explanation.--For the purposes of this section and sections 75, 76 and 77, an application shall be deemed to be false in material particulars in case the facts mentioned or omitted in the application, if true, or not omitted from the application, as the case may be, would have been sufficient to determine the existence of a default under this Code.]

Section 77A, 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.

This section refers to

  1. s. 54C Application to initiate pre-packaged insolvency resolution process
  2. s. 54G List of claims and preliminary information memorandum
  3. s. 75 Punishment for false information furnished in application
  4. s. 76 Punishment for non-disclosure of dispute or payment of debt by operational creditor
  5. s. 77 Punishment for providing false information in application made by corporate debtor

Referred to by 1

  1. s. 54G List of claims and preliminary information memorandum

Questions about Section 77A

What does Section 77A of the Insolvency and Bankruptcy Code deal with?

Section 77A of the Insolvency and Bankruptcy Code is headed "Punishment for offences related to pre-packaged insolvency resolution process". [77A. Punishment for offences related to prepackaged insolvency resolution process.--(1) Where-- (a) a corporate debtor provides any information in the application under section 54C which is false in material particulars, knowing it to be false or omits any material fact, knowing it to be material;

How do I find court cases under Section 77A 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 77A, section 77A Insolvency and Bankruptcy Code, section 77A 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 77A of the Insolvency and Bankruptcy Code, and has it changed?

Its own text turns on section 54C (Application to initiate pre-packaged insolvency resolution process), section 54G (List of claims and preliminary information memorandum), section 75 (Punishment for false information furnished in application), section 76 (Punishment for non-disclosure of dispute or payment of debt by operational creditor), and on 1 further provision, so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 77A of the Insolvency and Bankruptcy Code enacted?

Section 77A of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 77A, 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

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 24 Oct 2026. This page is not a substitute for legal advice.