https://www.taxtmi.com/acts?id=15773 Offences by officers in liquidation target failure to disclose and deliver company property, books and papers to the Company Liquidator, and wrongful acts such as concealment, fraudulent removal, falsification or destruction of records, false entries, procuring credit by false representation or pretence, and pawning or disposing of company property obtained on credit outside the ordinary course of business. The provision covers conduct within the year before winding up and thereafter, imposes penalties on recipients of improperly pawned property, and preserves a defence of lack of intent to defraud or conceal. en-us Fri, 23 Dec 2011 15:32:09 +0530 Fri, 23 Dec 2011 15:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15773 Offences by officers in liquidation target failure to disclose and deliver company property, books and papers to the Company Liquidator, and wrongful acts such as concealment, fraudulent removal, falsification or destruction of records, false entries, procuring credit by false representation or pretence, and pawning or disposing of company property obtained on credit outside the ordinary course of business. The provision covers conduct within the year before winding up and thereafter, imposes penalties on recipients of improperly pawned property, and preserves a defence of lack of intent to defraud or conceal. Act-Rules Bills Fri, 23 Dec 2011 15:32:09 +0530 https://www.taxtmi.com/acts?id=15773