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.

Notes on Part 17

C1: Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))
C2: Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2