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As enacted
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Part XVII

471. Amendment of section 433 of the Companies Act

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

Section 433 of the Companies Act is hereby amended –

(a)

in paragraph (b) of subsection (1) by the substitution for the words “winding up”, of the word “liquidation”;

(b)

in paragraph (b) of subsection (5) by the substitution for all the words from “is accordance”

till the end of that paragraph of, the words “in accordance with paragraph (b) of subsection (1) of section 374 of the Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act,

No. 12 of 2026”; and

(c)

in subsection (6), by the substitution for the word and figure “Part XV,”, of the words and figures “Part XIII of the Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act,

No. 12 of 2026,”.

Read on from s 472

Schedules