අන්තර්ගතයට යන්න

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

පනවන ලද පරිදි
පටුන

Part VI

137. Duration of Bankruptcy

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

(1)

The Bankruptcy continues in effect until an Order of Discharge has been made under section 138, which shall be made as soon as practicable after the expiry of a period of three years from the date of the Bankruptcy Order.

(2)

The Bankruptcy may continue for a period longer than that specified in subsection (1). The total period shall not exceed seven years, where the debtor’s included debts exceeds ten million rupees.

(3)

A Bankruptcy can continue for a period longer than the periods specified in subsections (1) or (2) where the court suspends discharge under sections 141 or 143.

Rescue, Rehabilitation and Insolvency

(4)

When the court suspends a discharge under subsection (3), the court must specify an alternative date for discharge, which must be no later than one year after the expiry of –

(a)

where subsection (1) applies, the period of three years; or

(b)

where subsection (2) applies, the period of seven years, from the date of the Bankruptcy Order.