False evidence: intentional false testimony or affidavits attracts imprisonment and fine under the Companies Bill.

Intentional provision of false evidence in company law proceedings-including false testimony on examinations on oath or solemn affirmation and false statements in affidavits, depositions or solemn affirmations in or about winding up or other matters under the Act-is a criminal offence under the Companies Bill, attracting a legislated custodial sentence within prescribed minimum and maximum limits and an accompanying monetary penalty.

---

---

---