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As enacted
Contents

Part VI · Registration of Charges Registration of Charges with Registrar

110. Company’s register of charges

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Every limited company shall—

(a)

keep at its registered office or at such other place as may be notified to the Registrar under section 116, a register of charges ; and

(b)

enter in that register all charges specifically affecting property of the company and all floating charges on the undertaking or any property of the company, specifying in each case —

(i)

a short description of the property charged ;

(ii)

the amount of the charge ;

(iii)

except in the case of securities to bearer, the names of the persons entitled to the charge.

(2)

Any officer of the company who knowingly and willfully authorises or permits the omission of any entry required to be made under the provisions of this section, shall be guilty of an offence and be liable on conviction to a fine not exceeding two hundred thousand rupees.

REVIEW OF REGISTER OF CHARGES

Part VII

Management and Administration Registered Office

Part VIII

Amalgamations

Part IX

Compromises with Creditors

Part X

Approval of Arrangements, Amalgamations, and Compromises by Court

Part XI

Provisions Relating to Offshore Companies

Part XII

Winding Up

Part XIII

Administrators Appointment of Administrator

Part XIV

Floating Charges

Part XV

Receivers and Managers

Part XVI

Registrar-General of Companies and Registration Appointment of Officers

Part XVII

Application of Act to Existing Companies

Part XVIII

Overseas Companies

Part XIX

Advisory Commission

Part XX

Companies Disputes Board

Part XXI

Offences Miscellaneous Offences

Part XXII

Miscellaneous Prohibition of Partnership with More Than Twenty Members

Part XXIII

Repeals and Amendments

Schedules