Companies Act 2014 section 650

Duty of liquidators to include certain information in returns, etc.

Section 650 requires liquidators to include specific information in their periodic returns about directors, officers, or members who have been made personally liable for company debts or who are subject to disqualification or restriction orders.

• The term "periodic return" covers periodic accounts, periodic abstracts, and periodic statements.
• Liquidators must report whether any past or present director, officer, or member has been declared personally liable for all or part of the company's debts.
• Liquidators must also report whether any such person is subject to a disqualification order or a declaration of restriction.
• Failure to include this information in a periodic return is a category 3 offence.