COMPANIES ACT 1963 - SECT 77 Penalty for concealment of certain matters in proceedings for reduction.

77.—If any officer of the company—

( a ) wilfully conceals the name of any creditor entitled to object to the reduction; or

( b ) wilfully misrepresents the nature or amount of the debt or claim of any creditor,

he shall be liable on summary conviction to a fine not exceeding £100.

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