Companies Act (Cap. 386), article 311

311. If any contributory of any company being wound up destroys, mutilates, alters or fa lsifies any accounts, accounti ng records, documents, books or secu rities, or makes or is party t o the making of any false or fraudulent entry in any register, accoun ting record or document belonging to the company with intent to defraud or deceive any person, he shall be guilty of an offence and shall be liable on conviction to a fine ( multa ) of not more than two hundred and thirty-two thousand and nine hundred and thirty-sev en euro (€232,937), or to imprisonment for a term not exceeding fi ve years, or to both such fine ( multa) and imprisonment. Remedy against delinquent directors, liquidators, etc.