law: Companies Act, 2013 
  336.
  
    Offences
  
  by officers of companies in liquidation.
  1.      If any person, who is
  
  or has been an officer of a company which, at the time of the commission of the
  
  alleged offence, is being wound up, whether by the Tribunal or voluntarily, or
  
  which is subsequently ordered to be wound up by the Tribunal or which
  
  subsequently passes a resolution for voluntary winding up,—
  a.     
  
    does
  
  not, to the best of his knowledge and belief, fully and truly disclose to the
  
  Company Liquidator all the property, movable and immovable, of the company, and
  
  how and to whom and for what consideration and when the company disposed of any
  
  part thereof, except such part as has been disposed of in the ordinary course
  
  of the business of the company;
  b.    
  
    does
  
  not deliver up to the Company Liquidator, or as he directs, all such part of
  
  the movable and immovable property of the company as is in his custody or under
  
  his control and which he is required by law to deliver up;
  c.     
  
    does
  
  not deliver up to the Company Liquidator, or as he directs, all such books and
  
  papers of the company as are in his custody or under his control and which he
  
  is required by law to deliver up;
  d.    
  
    within
  
  the twelve months immediately before the commencement of the winding up or at
  
  any time thereafter,—
                       
  
   i.        
  
    conceals
  
  any part of the property of the company to the value of one thousand rupees or
  
  more, or conceals any debt due to or from the company;
                      
  
   ii.        
  
    fraudulently
  
  removes any part of the property of the company to the value of one thousand
  
  rupees or more;
                     
  
   iii.        
  
    conceals,
  
  destroys, mutilates or falsifies, or is privy to the concealment, destruction,
  
  mutilation or falsification of, any book or paper affecting or relating to, the
  
  property or affairs of the company;
                     
  
   iv.        
  
    makes,
  
  or is privy to the making of, any false entry in any book or paper affecting or
  
  relating to, the property or affairs of the company;
                      
  
   v.        
  
    fraudulently
  
  parts with, alters or makes any omission in, or is privy to the fraudulent
  
  parting with, altering or making of any omission in, any book or paper
  
  affecting or relating to the property or affairs of the company;
                     
  
   vi.        
  
    by
  
  any false representation or other fraud, obtains on credit, for or on behalf of
  
  the company, any property which the company does not subsequently pay for;
                    
  
   vii.        
  
    under
  
  the false pretence that the company is carrying on its business, obtains on
  
  credit, for or on behalf of the company, any property which the company does
  
  not subsequently pay for; or
                   
  
   viii.        
  
    pawns,
  
  pledges or disposes of any property of the company which has been obtained on
  
  credit and has not been paid for, unless such pawning, pledging or disposing of
  
  the property is in the ordinary course of business of the company;
  a.     
  b.     
  c.     
  d.     
  e.      makes any material
  
  omission in any statement relating to the affairs of the company;
  f.      knowing or believing
  
  that a false debt has been proved by any person under the winding up, fails for
  
  a period of one month to inform the Company Liquidator thereof;
  g.     after the
  
  commencement of the winding up, prevents the production of any book or paper
  
  affecting or relating to the property or affairs of the company;
  h.      after the commencement
  
  of the winding up or at any meeting of the creditors of the company within the
  
  twelve months next before the commencement of the winding up, attempts to
  
  account for any part of the property of the company by fictitious losses or
  
  expenses; or
  i.       is guilty of any
  
  false representation or fraud for the purpose of obtaining the consent of the
  
  creditors of the company or any of them, to an agreement with reference to the
  
  affairs of the company or to the winding up, he shall be punishable with
  
  imprisonment for a term which shall not be less than three years but which may
  
  extend to five years and with fine which shall not be less than one lakh rupees
  
  but which may extend to three lakh rupees:
  Provided
  
  that it shall be a good defence if the accused proves that he had no intent to
  
  defraud or to conceal the true state of affairs of the company or to defeat the
  
  law.
  2.      Where any person
  
  pawns, pledges or disposes of any property in circumstances which amount to an
  
  offence under sub-clause (viii ) of clause (d ) of sub-section (1 ),
  
  every person who takes in pawn or pledge or otherwise receives the property,
  
  knowing it to be pawned, pledged, or disposed of in such circumstances as
  
  aforesaid, shall be punishable with imprisonment for a term which shall not be
  
  less than three years but which may extend to five years and with fine which
  
  shall not be less than three lakh rupees but which may extend to five lakh
  
  rupees.
  Explanation .—For the purposes of
  
  this section, the expression “officer” includes any person in accordance with
  
  whose directions or instructions the directors of the company have been
  
  accustomed to act.