494. Obligation to state name and particulars of company

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

Every registered overseas company shall—

(a)

in every prospectus inviting subscriptions for its shares or debentures in Sri Lanka, state the country in which the company is incorporated;

(b)

ensure that at every place where it carries on business in Sri Lanka, the name of the company and the country in which the company is incorporated are clearly displayed;

(c)

ensure that its name and the name of the country in which it is incorporated, are clearly stated in—

(i)

all business letters of the company;

(ii)

all notices and other official publications of the company;

(iii)

all bills of exchange, promissory notes, endorsements, cheques and orders for money or goods signed on behalf of the company;

(iv)

all invoices, receipts and letters of credit of the company; and

(v)

all other documents issued or signed by the company which evidence or create a legal obligation of the company; and

(d)

where the liability of the members of the company is limited, cause notice of that fact to be clearly stated in every such prospectus and in all letters and other documents referred to in paragraph (c), and to be clearly displayed at every place where it carries on its business.

Read on from s 495

Part XIX

Advisory Commission

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Part XX

Companies Disputes Board

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Part XXI

Offences Miscellaneous Offences

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Part XXII

Miscellaneous Prohibition of Partnership with More Than Twenty Members

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Part XXIII

Repeals and Amendments

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