Offences by
officers of
companies in
liquidation.

HQ2

SECRETARIAL PRACTICE
Offences antecedent to ov in course of Winding Up.
271.—(x) If any person, being a past or present director, manager
or other officer of a company which at the time of the commission
of the alleged offence is being wound up, whether by or under the
supervision of the court or voluntarily, or is subsequently ordered to
be wound up by the court or subsequently passes a resolution for
voluntary winding up—

(a) does not to the best of his knowledge and belief fully and
truly discover to the liquidator all the property, real and
personal, of the company, and how and to whom and for
what consideration and when the company disposed of any
part thereof, except such part as has been disposed of in the
ordinary way of the business of the company; or
does not deliver up to the liquidator, or as he directs, all
such part of the real and personal property of the company
as is in his custody or under his control, and which he
is required by law to deliver up; or
does not deliver up to the liquidator, or as he directs, all
books and papers in his custody or under his control belong-
ing to the company and which he is required bv law to
deliver up; or
within twelve months next before the commencement of the
winding up or at any time thereafter conceals any part of
the property of the company to the value of ten pounds or
upwards, or conceals anv debt due to or from the company;
or
within twelve months next before the commencement of
the winding up or at any time thereafter fraudulently
removes any part of the property of the company to the
value of ten pounds or upwards; or
makes any material omission in any statement relating to
the affairs of the company; or
knowing or believing that a false debt has been proved
by any person under the winding up, fails for the period of
a month to inform the liquidator thereof: or
after the commencement of the winding up prevents the
production of any book or paper affecting or relating to the
property or affairs of the company; or
within twelve months next before the commencement of
the winding up or at any time thereafter, conceals, destroys,
mutilates, or falsifies, or is privy to the concealment, destruc-
tion, mutilation, or falsification of, any book or paper
affecting or relating to the propertv or affairs of the com-
pany; or.
within twelve months next before the commencement of the
winding up or at any time thereafter makes or is privy to
the making of any false entry in any book or paper affecting
or relating to the property or affairs of the company: or