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Contents

Part VIII

177. Bankruptcy off ences: Failure to keep Proper records with intent to conceal

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

A bankrupt debtor commits an offence if the bankrupt debtor, with intent to conceal the true state of ones financial affairs, has within the period of twelve months prior to the making of a bankruptcy application or presentation of a

Rescue, Rehabilitation and Insolvency bankruptcy petition, has failed to keep and preserve a proper record of the bankrupt debtor’s transactions.

Part IX

Part X

Compromises

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Part XII

Part XIII

Part XIV

Cross - Border Insolvency

Part XV

Part XVI

Part XVII

Schedules