Section 273 — Companies Act 1993: Certain conduct prohibited

273 Certain conduct prohibited (1) If a company is in liquidation, or an application has been made to the Court for an order that a company be put into liquidation, as the case may be, no person may— (a) Leave New Zealand with the intention of— (i) Avoiding payment of money due to the company; or (ii) Avoiding examination in relation to the affairs of the company; or (iii) Avoiding compliance with an order of the Court or some other obligation under this Part of this Act in relation to the affairs of the company; or (b) Conceal or remove property of the company with the intention of preventing or delaying the liquidator taking custody or control of it; or (c) Destroy, conceal, or remove records or other documents of the company. (2) A person who contravenes subsection (1) of this section commits an offence and is liable on conviction to the penalty set out in section 373(3) of this Act.