Penalty for falsification of books

If any director, officer, or contributory of any company being wound-up destroys, mutilates, alters or falsifies any books, papers, or securities, or makes or is privy to the making of any false or fraudulent entry in any register, book of account, or document belonging to the company with intent to defraud or deceive any person, he shall be guilty of a misdemeanour within the meaning of the Criminal Code and be liable to imprisonment for any term not exceeding two years. CAP. 101.