Companies Act 2014

716.

Offence for failure to make disclosure, or deliver certain things, to liquidator

716. (1) Subject to section 720(2)(a) , a relevant person who, when requested by the liquidator to make such disclosure to the liquidator, does not, to the best of the person’s knowledge and belief, fully and truly disclose to the liquidator—

(a) all the property, real and personal, of the company, and

(b) how and to whom and for what consideration and when the company disposed of any part of such property (except such part as has been disposed of in the ordinary way of the business of the company),

shall be guilty of a category 2 offence.

(2) Subject to section 720(2)(a) , a relevant person who—

(a) does not deliver up to the liquidator, or as the liquidator directs, all such part of the real and personal property of the company as is in the person’s custody or under the person’s control, and which the person is required by law to deliver up, or

(b) does not deliver up to the liquidator, or as the liquidator directs, all books and papers in the person’s custody or under the person’s control belonging to the company and which the person is required by law to deliver up,

shall be guilty of a category 2 offence.