Section 647 | Offences 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.