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