https://www.taxtmi.com/acts?id=17633 Offences focus on officers' mandatory duties to disclose and deliver all company assets and books during winding up, and prohibitions on concealing, removing, destroying or falsifying property or records, procuring credit by fraud or false pretence, and making material omissions; secondary liability attaches to persons who knowingly receive property disposed of in breach of these prohibitions, and a defence exists if the accused proves lack of intent to defraud or conceal the company's true state of affairs. en-us Sat, 02 Mar 2013 15:38:59 +0530 Sat, 13 Dec 2025 11:12:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17633 Offences focus on officers' mandatory duties to disclose and deliver all company assets and books during winding up, and prohibitions on concealing, removing, destroying or falsifying property or records, procuring credit by fraud or false pretence, and making material omissions; secondary liability attaches to persons who knowingly receive property disposed of in breach of these prohibitions, and a defence exists if the accused proves lack of intent to defraud or conceal the company's true state of affairs. Act-Rules Companies Law Sat, 02 Mar 2013 15:38:59 +0530 https://www.taxtmi.com/acts?id=17633