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srilawsby aturio
As enacted
Contents

Part I

26. Inducement to be appoined as administrator or liquidator

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

(1)

Subject to subsection (2), any person who gives or agrees or offers to give to any contributory or creditor of a company any gratification with a view to securing the

Rescue, Rehabilitation and Insolvency person’s own appointment, or to securing or preventing the appointment of some other person, as the company’s administrator or liquidator commits an offence.

(2)

The negotiation or discussion in good faith of remuneration for acting as an administrator or liquidator shall not constitute a contravention of subsection (1).

Read on from s 27

Part II

Personal Insolvency: Principles

Read on from Part II

Part III

Debt Protection Moratorium Order

Read on from Part III

Part IV

Debt Restructuring Arrangements

Read on from Part IV

Part V

Debt Rehabilitation Orders

Read on from Part V

Part VI

Read on from Part VI

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