Singapore legislation

Clause 262

of Insolvency, Restructuring and Dissolution Bill

Clause 262

False and misleading statement

Any person who, for any purpose under Parts 4 to 11 —

(a)

lodges or files with or submits to the Registrar of Companies any document; or

(b)

authorises another person to lodge or file with or submit to the Registrar of Companies any document,knowing that document to be false or misleading in a material respect, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Clause 262 — Insolvency, Restructuring and Dissolution Bill