SAY WHAT 7.6.4 False Information Pursuant to Section 1309 of the Act, it is an offence for an officer or employee to make available or give information to a director, auditor, member, debenture holder, or trustee for debenture holders of the company that is to the knowledge of the officer or employee: (a) False or misleading in a particular manner; or (b) Has omitted from it a matter the omission of which renders the information misleading in a material If a breach is proven, Part 9.4 of the Act provides for criminal penalties only. Therefore, any breaches of Section 1309 of the Act will not result in any recovery by a Liquidator. My preliminary investigations do not reveal any evidence of any
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held