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srilawsby aturio
As enacted
Contents

Part XII

332. Execution of documents by liquidator

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

(1)

A liquidator may execute in the name and on behalf of the company all documents necessary or incidental to the exercise of the powers of the liquidator.

(2)

A document signed on behalf of a company by a liquidator shall be deemed to have been properly entered into on behalf of the company for the purposes of section 19

of the Companies Act.

(3)

Notwithstanding anything to the contrary in any other written law or the articles of a company, where the resolution or order appointing a liquidator empowers the liquidator to execute documents and to use the company’s common seal for that purpose, a liquidator may execute documents in the name and on behalf of the company by affixing the company’s common seal to the documents and attesting the affixing of the common seal.

(4)

A document executed in the manner described in subsection (3) shall be deemed to have been properly entered into by the company for the purposes of section 19 of the

Companies Act.

Read on from s 333

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