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Contents

Part XXII · Miscellaneous Prohibition of Partnership with More Than Twenty Members

525. Costs in action by certain limited companies

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

Where a limited company is plaintiff in any action or other legal proceeding, any judge having jurisdiction in the matter may, where it appears by credible testimony that there is reason to believe that the company will be unable to pay the costs of the defendant if successful in his defence, require sufficient security to be given for those costs, and may stay all proceedings until the security is given.

Part XXIII

Repeals and Amendments

Schedules