Housing Development Finance Corporation of Sri Lanka Act 1997 · As enacted · Part VI · General
35. Annual General Mecting
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
An Annual General Meeting of the shareholders of the Corporation shalt be held within nine months after the close of each financial year of the Corporation, at which the
Annual Report and Accounts presented by the Board shall be considered and decisions as to the declaration of dividends taken. The manner of summoning the Annual General Meeting and the procedure for transaction of business at such meeting shall be as prescribed. At every Annual General Mecting, directors shall be clectcd to the Board in accordance with the share holdings in the Corporation on the day preceding the date of such meeting.