667 Offence in case of failure to cancel shares or re-register
667 Offence in case of failure to cancel shares or re-register
Companies Act 2006 | Legislation

(1)     This section applies where a company, when required to do by section 662—

(a)     fails to cancel any shares, or

(b)     fails to make an application for re-registration as a private company,

within the time specified in subsection (3) of that section.

(2)     An offence is committed by—

(a)     the company, and

(b)     every officer of the company who is in default.

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