Chapter: 32 COMPANIES ORDINANCE
Section Num: 278A Version Date 30/06/1997
Corrupt inducement affecting appointment as liquidator
Any person who gives or agrees or offers to give to any member or creditor of a company any valuable consideration with a view to securing his own appointment or nomination, or to securing or preventing the appointment or nomination of some person other than himself, as the company's liquidator shall be liable to a fine.
(Added 6 of 1984 s. 195. Amended 7 of 1990 s. 2)
[cf. 1948 c. 38 s. 336 U.K.]