Companies Act 2014

642

Prohibition on rewards for appointment

642. Any person who gives or agrees or offers to give to any member or creditor of a company any valuable consideration with a view to—

(a) securing his or her own appointment or nomination as the company’s liquidator, or

(b) securing or preventing the appointment or nomination of some person other than himself or herself as the company’s liquidator,

shall be guilty of a category 2 offence.