Skip to content
srilawsby aturio
As enacted
Contents

Part XIII

393. Persons entitled to inspect and receive reports

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

(1)

Where a report has been prepared under section 390(1) or 391(1), the person who prepared it shall within five working days –

(a)

send it to the grantor;

(b)

cause it to be available for inspection by the grantor and the persons referred to in subsection (4); and

(c)

cause notice to be given to the grantor and the persons referred to in subsection (4) that a report has been prepared and that –

Rescue, Rehabilitation and Insolvency

(i)

the report is available to be inspected; and

(ii)

copies of the report will be sent on request on payment of the reasonable costs of the making and sending of such copies.

(2)

Where the person who prepared a report under subsection (1) of section 390 or subsection (1) of section 391 was appointed as a receiver by the court, the person shall file it with the registrar of the court.

(3)

A person referred to in subsection (4) is entitled to inspect a report prepared under subsection (1) of section 390

or subsection (1) of section 391 during normal working hours at the office of the person who prepared it.

(4)

Within ten working days after receiving a request for a copy of any report prepared under subsection (1) of section 390 or subsection (1) of section 391 from –

(a)

a director of the grantor;

(b)

a creditor of the grantor; or

(c)

any other person with an interest in the property in receivership, and on payment of the reasonable costs of making and sending the copy, the person who prepared the report shall send a copy of the report to the person who requested it.

(5)

Within ten working days after preparing a report under subsection (1) of section 390 or subsection (1) of section 391, the person who prepared it shall send a copy to the

Registrar and Authority.

(6)

Every person who fails to comply with this section commits an offence.

Rescue, Rehabilitation and Insolvency

Read on from s 394

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