Part 17A company’s share capital
Chapter 10Reduction of share capital
Reduction of capital confirmed by the court
647Offences in connection with list of creditors
(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.