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Offences & penalties MCQs with Answers

Practise Offences & penalties and check your answers.

Question 1

Under section 68, an officer of the corporate debtor who, within the twelve months before the insolvency commencement date, wilfully conceals property of the corporate debtor worth ten thousand rupees or more is punishable with:

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Question 2

After the 2026 amendment, what consequence does the Insolvency and Bankruptcy Code, 2016 provide for an officer of a corporate debtor who contravenes the moratorium under section 14?

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Question 3

Under the Insolvency and Bankruptcy Code, 2016, Kumar Supplies files a section 9 application against Bright Ltd, concealing the fact that Bright Ltd had notified it of a dispute about the debt. After the 2026 amendment, Kumar Supplies may face:

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Question 4

Under section 236, offences under the Code are tried by:

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Question 5

Nirmal Finance, a financial creditor, knowingly states a false default amount, a material particular, in its section 7 application against Prabhat Ltd. Under section 75 of the Insolvency and Bankruptcy Code, 2016, it is punishable with:

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