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As enacted
Contents

Part VII · Management and Administration Registered Office

130. Share register to be evidence

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

(1)

The entry of the name of a person in the share register as holder of a share shall be prima facie evidence that title to the share is vested in that person.

(2)

Subject to the provisions of subsections (2) and (3) of section 86, a company may treat the registered holder of a share as the only person entitled to—

(a)

exercise the right to vote attaching to the share ;

(b)

receive notices ;

(c)

receive a distribution in respect of the share ; and

(d)

exercise any other rights and powers attaching to the share.

ANNUAL RETURN

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