Article 147 - Duty to co-operate with officeholder
(1) Each of the persons mentioned in Article 147(2) shall:
(A) give to the officeholder such information concerning the
Company and its promotion, formation, business, dealings, affairs or property as the officeholder may reasonably require;
(B) produce to the officeholder any books, papers or records in his possession relating to the
Company or to any such dealings; and
(C) attend on the officeholder at such times as the latter may reasonably require.
(2) The persons referred to in Article 147(1) are:
(A) those who are or have at any time been officers of the
(B) those who have taken part in the formation of the
Company at any time within one year before the effective date;
(C) those who are in the employment of the
Company, or have been in its employment (including employment under a contract for services) within that year, and are in the officeholder's opinion capable of giving information which he requires;
(D) those who are, or have within that year been, officers of, or in the employment (including employment under a contract for services) of, another body corporate which is, or within that year was, an officer of the
Company in question; and
(E) in the case of a
Company being wound up by the QFC Court, any person who has acted as provisional Liquidator or Liquidator of the Company.
(3) Where a person to whom this Article applies fails to comply with its provisions, that person commits a contravention and shall be liable to a financial penalty.