We have seen some instances of intentionally false statutory forms being filed in the Companies Registration Office (CRO). In one instance, the falsely filed statutory form attempted to appoint an individual as director of a company.
Why is it false? Simply, the individual being appointed “director” has no relationship whatsoever with the company, and the form is filed without the consent or knowledge of the company.
One reason for trying to pass an individual off as a Director of a company could be to give tat “false director” a perceived legitimacy to support fraudulent activities such as financial fraud or even human trafficking.
We all think it cannot happen to us but, it does! KomSec maintains a watch list on all our clients so that we know immediately when a filing is made for a client company. That triggers an immediate check to ensure the filing is legitimate and, in those rare instances where it is not, enables us help our clients to be pro-active, notify the CRO and preserve the company’s filing integrity.