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srilawsby aturio
As enacted
Contents

Part VI

128. Voidable preferences, voidable encumbrances, and alienations of property with intent to hinder, delay or defeat a creditor

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

(1)

A transaction by a debtor may be set aside by the court as a voidable preference in accordance with sections 412, 415, 416 and 417.

(2)

A transaction by a debtor may be set aside by the court as a voidable encumbrance in accordance with sections 413,

415, 416 and 417.

(3)

A transaction by a debtor may be set aside by the court as an alienation of property with intent to hinder, delay or defeat a creditor in accordance with sections 414, 415, 416

and 417.

Read on from s 129

Part VII

Personal Insolvency Register

Read on from Part VII

Part VIII

Read on from Part VIII

Part IX

Read on from Part IX

Part X

Compromises

Read on from Part X

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Read on from Part XI

Part XII

Read on from Part XII

Part XIII

Read on from Part XIII

Part XIV

Cross - Border Insolvency

Read on from Part XIV

Part XV

Read on from Part XV

Part XVI

Read on from Part XVI

Part XVII

Read on from Part XVII

Schedules