මෙම අතුරුමුහුණත යන්ත්‍රයෙන් පරිවර්තනය කර ඇත. නීති සහ අධිකරණ තීන්දු ඒවායේ මූලාශ්‍ර භාෂාවෙන් පෙන්වනු ලැබේ.

පනවන ලද පරිදි

පටුන

Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · පනවන ලද පරිදි · Part VI

134. No beneﬁ t of exceution or other process unless completed before Bankruptcy

නිල ඉංග්‍රීසි පරිවර්තනය. සිංහල පාඨය බලපවත්වයි. නිල Sinhala පාඨය විවෘත කරන්න, documents.gov.lk හි නිල PDF

(1)

Subject to subsection (2), a creditor is not entitled to the beneﬁt of any execution or other legal process or distress against a bankrupt debtor or property of the bankrupt debtor unless the execution or other legal process or distress was completed at least one hundred and eighty days before the commencement of the Bankruptcy, except with the permission of the court on such terms and conditions as necessary.

(2)

For the purposes of subsection (1) –

(a)

an execution against movable or immovable property is completed by seizure, or the entry into possession of a receiver or appointee or a person charged with the execution, and a completed sale; and

(b)

an attachment of a debt is completed by the satisfaction of the debt.

(3)

A person who acquires property of the bankrupt debtor in good faith –

(a)

from a Fiscal charged with an execution process;

(b)

on which distress has been levied, acquires good title as against the Bankruptcy Trustee and the bankrupt debtor.

(4)

Nothing in this section shall aﬀect or limit the application of sections 412, 413, 414, 415, 416, 417, 418

or 419.

Rescue, Rehabilitation and Insolvency