76. Where-
(a) an operational creditor has wilfully or knowingly concealed in an
application under section 9 the fact that the corporate debtor had notified
him of a dispute in respect of the unpaid operational debt or the full and
final repayment of the unpaid operational debt; or
(b) any person who knowingly and wilfully authorised or permitted such
concealment under clause (a), such operational creditor or person, as the
case may be, shall be punishable with imprisonment for a term which shall
not be less than one year but may extend to five years or with fine which
shall not be less than one lakh rupees but may extend to one crore rupees,
or with both.