Skip to content
srilawsby aturio
As enacted
Contents

Part XV · Receivers and Managers

440. Notice of appointment of receiver

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

(1)

A receiver shall forthwith after being appointed and in any event no later than ten working days after being appointed —

(a)

give written notice of his or her appointment to the grantor;

(b)

give public notice of his or her appointment, including —

(i)

the receiver’s full name;

(ii)

the date of the appointment;

(iii)

the receiver’s office address; and

(iv)

a brief description of the property in receivership ; and

(c)

send a copy of the public notice to the Registrar.

(2)

Where the appointment of the receiver is in addition to a receiver who already holds office or is in place of a person who has vacated office as receiver, as the case may be, every notice under this section shall state that fact.

(3)

Every receiver who acts in contravention of this section shall be guilty of an offence and be liable on conviction to a fine not exceeding fifty thousand rupees.

Read on from s 441

Part XVI

Registrar-General of Companies and Registration Appointment of Officers

Read on from Part XVI

Part XVII

Application of Act to Existing Companies

Read on from Part XVII

Part XVIII

Overseas Companies

Read on from Part XVIII

Part XIX

Advisory Commission

Read on from Part XIX

Part XX

Companies Disputes Board

Read on from Part XX

Part XXI

Offences Miscellaneous Offences

Read on from Part XXI

Part XXII

Miscellaneous Prohibition of Partnership with More Than Twenty Members

Read on from Part XXII

Part XXIII

Repeals and Amendments

Read on from Part XXIII

Schedules