(1) If an officer of the company—
(a) intentionally or recklessly—
(i) conceals the name of a creditor entitled to object to the reduction of capital, or
(ii) misrepresents the nature or amount of the debt or claim of a creditor, or
(b) is knowingly concerned in any such concealment or misrepresentation,
he commits an offence.
(2) A person guilty of an offence under this section is liable—
(a) on conviction on indictment, to a fine;
(b) on summary conviction, to a fine not exceeding the statutory maximum.
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