Valid from 01/10/2009
647Offences in connection with list of creditorsU.K.
This section has no associated Explanatory Notes
(1)If an officer of the company—
(a)intentionally or recklessly—
(i)conceals the name of a creditor entitled to object to the reduction of capital, or
(ii)misrepresents the nature or amount of the debt or claim of a creditor, or
(b)is knowingly concerned in any such concealment or misrepresentation,
he commits an offence.
(2)A person guilty of an offence under this section is liable—
(a)on conviction on indictment, to a fine;
(b)on summary conviction, to a fine not exceeding the statutory maximum.