Companies Act · 2021 Revised Edition · Part · Share Capital and Debentures Prospectus
63. Penalty on concealmer~t of name of creditor
Official textFrom Attorney General's Chambers, unchanged
If any director, manager, secretary or other officer of the company -
director
"director" includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors of a Companies corporation are accustomed to act and an alternate or substitute director;
wilfully conceals the name of any creditor entitled to object to the reduction;
wilfully misrepresents the nature or amount of the debt or claim of any creditor; or
aids, abets or is privy to any such concealment or misrepresentation as aforesaid, he is guilty of an offence and liable on conviction to a fine and imprisonment for one year.
SUBSTANTIAL SHAREHOLDINGS
[s 33/2016]
Terms defined in s 2
director
Defined · s 2"director" includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors of a Companies corporation are accustomed to act and an alternate or substitute director;
manager
Defined · s 2"manager", in relation to a company, means the principal executive officer of the company for the time being by whatever name called and whether or not he is a director…
officer
Defined · s 2"officer", in relation to a corporation, includes - (a) any director or secretary of the corporation or a person employed in an executive capacity by the corporation; @) a receiver and manager of any part of the undertaking of the corporation appointed under a power contained in any instrument; and (c) any liquidator of a company appointed in a voluntary winding up, but does not include - (i) any receiver who is not also a manager; (ii) any receiver and manager appointed by the Court; (iii) any liquidator appointed by the Court or by the creditors; and (iv) an Executive Manager appointed by the Minister under section 230(1) of the Insolvency Order, 2016 (S 112016);
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Management and Administration Registered Office and Name
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Restrictions on Sale of Shares and Offers of Shares for Sale
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Prohibition of Partnerships with More Than Twenty Members
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