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As enacted
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Part VII · Management and Administration Registered Office

135. Length of notice for calling meetings

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

(1)

Any provision of a company’s articles shall be void in so far as it provides for the calling of a meeting of the company (other than an adjourned meeting) by a shorter notice than—

(a)

in the case of the annual general meeting, fifteen working days’ notice in writing ; and

(b)

in the case of a meeting other than an annual general meeting or a meeting for the passing of a special resolution, ten working days’ notice in writing in the case of a company other than a private or an unlimited company and five working days’ notice in writing in the case of a private or an unlimited company.

(2)

Subject to the provisions of subsection (1), save in so far as the articles of a company make other provisions in that behalf, a meeting of the company (other than an adjourned meeting) may be called—

(a)

in the case of the annual general meeting, by fifteen working days’ notice in writing ; and

(b)

in the case of a meeting, other than an annual general meeting or a meeting for the passing of a special resolution, by ten days notice in writing in the case of a company other than a private or unlimited company and by five working days’ notice in writing in the case of a private or an unlimited company.

(3)

A meeting of the company shall, notwithstanding that it is called by shorter notice than that specified in the preceding subsection or in the company’s articles, as the case may be, be deemed to have been duly called, if it is so agreed—

(a)

in the case of the meeting called as the annual general meeting, by all the shareholders entitled to attend and vote at such meeting ; and

(b)

in the case of any other meeting, by the shareholders having a right to attend and vote at the meeting, being shareholders together holding shares which carry not less than ninety-five per centum of the voting rights, on each issue to be considered and voted on at that meeting.

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