අන්තර්ගතයට යන්න

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

පනවන ලද පරිදි
පටුන

Part IX

248. Administrator’s indemnity

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

(1)

An administrator shall have an indemnity out of the company’s property, in respect of –

(a)

the administrator’s liability under sections 249

and 250;

(b)

liability of the administrator otherwise properly incurred in the exercise, performance and discharge of the administrator’s powers, duties and functions; and

(c)

the remuneration of the administrator under section 246 (1).

(2)

In a liquidation of the company, an administrator’s indemnity under subsection (1) has the priority accorded to the costs, charges and expenses properly incurred by and the remuneration of the administrator under sub-paragraphs (b)

and (c) of paragraph 1 of the Fourth Schedule with respect to the corresponding elements of those sub-paragraphs.

(3)

An administrator shall have a lien on the company’s property to secure the indemnity under subsection (1).

Rescue, Rehabilitation and Insolvency

(4)

A lien under subsection (3) has priority over an encumbrance to the extent that the indemnity under subsection (1) has priority over debts, liabilities and other obligations secured by the encumbrance.