As enacted

Contents

Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · As enacted · Part XIII

407. Orders protecting property in receivership

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

(1)

The court may, in making an order that removes or has the eﬀect of removing a receiver from oﬃce, make such orders as may be necessary –

(a)

for preserving the property in receivership; and

(b)

for that purpose of paragraph (a), require the person removed from oﬃce –

(i)

to deliver to such person as may be speciﬁed in the order any documents in the possession

Rescue, Rehabilitation and Insolvency or custody or under the control of the receiver as may be speciﬁed in the order; and

(ii)

to take such other action as may be necessary.

Part XIV

Cross - Border Insolvency