Article 101 - False representations to creditors

(1) When a Company is being wound up, whether by the QFC Court or voluntarily, Article 105 shall apply to any person, being a past or present officer of the Company, who makes any false representation or commits any other fraud for the purpose of obtaining the consent of the Company's creditors or any of them to an agreement with reference to the Company's affairs or to the winding up.
(2) A person of the kind specified in Article 101(1) is deemed to have made such false representation if, prior to the winding up, he has made any false representation, or committed any other fraud, for that purpose.