If you are a creditor of an insolvent company or a bankruptcy, Oliver Elliot can help you address your concerns arising from the insolvency and section 209 of the insolvency act 1986 can help.
Section 209 of the Insolvency Act 1986 is the section that creates the offence in respect of falsification of the company’s books and records.
Section 209 of the Insolvency Act 1986 is the section that addresses misconduct by a Director or Officer in the course of winding up.
(1)When a company is being wound up, an officer or contributory of the company commits an offence if he destroys, multilates, alters or falsifies any books, papers or securities, or makes or is privy to the making of any false or fraudulent entry in any register, book of account or document belonging to the company with intent to defraud or deceive any person.
(2)A person guilty of an offence under this section is liable to imprisonment or a fine, or both.
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