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As enacted
Contents

Part VII · Management and Administration Registered Office

165. Auditor’s attendance at shareholders’ meeting

Official English translation. The Sinhala text prevails.

(1)

The board of a company shall ensure that an auditor of the company—

(a)

is permitted to attend every meeting of shareholders of the company;

(b)

receives the notices and communications that a shareholder is entitled to receive relating to a meeting of shareholders; and

(c)

may be heard at a meeting of shareholders which he attends on any part of the business of the meeting which concerns him as auditor.

(2)

Where the board of a company fails to comply with subsection (1), every director of the company who is in default shall be guilty of an offence and be liable on conviction to a fine not exceeding one hundred thousand rupees.

ANNUAL REPORT TO SHARE HOLDERS

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