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 XI · Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

291. Completion of MSME Company Debt Restructuring Arrangement

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

(1)

A MSME Company Debt Restructuring

Arrangement shall be completed when all of the obligations that it created have been discharged, unless the Arrangement has been terminated earlier under section 290.

(2)

When an Arrangement is completed under subsection (1), the personal insolvency administrator shall, within twenty one days after the completion-

(a)

provide the MSME debtor with a certiﬁcate of completion; and

(b)

give written notice to the Oﬃcial Receiver of the certiﬁcate of completion.

(3)

The certiﬁcate of completion shall be prima facie evidence of the facts stated in it.

Rescue, Rehabilitation and Insolvency

(4)

When a MSME Company Debt Restructuring

Arrangement is completed under subsection (1), except as provided below, the debts aﬀected by the Arrangement shall be cancelled, and the MSME debtor shall not be liable to pay any part of the debts, including any penalties, interest shall and other sums which may have become payable in relation to those debts.

(5)

The completion of a MSME Company Debt

Restructuring Arrangement does not, except to the extent provided in the terms of the Arrangement-

(a)

release anyone else from a debt that it owes jointly with the MSME debtor; or

(b)

release a guarantor from the guarantee that the guarantor gave for the MSME debtor’s debt.

(6)

The completion of a MSME Company Debt

Restructuring Arrangement does not, except to the extent provided in the terms of the Arrangement, release the MSME debtor from liability under any hire-purchase agreement or secured debt.

(7)

When the Oﬃcial Receiver receives the certiﬁcate of completion speciﬁed in subsection (2), the Oﬃcial Receiver shall, within fourteen days of receipt of the certiﬁcate of completion-

(a)

give public notice of the court order; and

(b)

send a copy of such notice to the Registrar and the Authority.

(8)

For the avoidance of doubt, when a MSME Company

Debt Restructuring Arrangement has been completed under subsection (1), the MSME Company Debt Restructuring

Arrangement shall no longer be in eﬀect, and the Moratorium on creditor remedies under section 287 shall cease to apply.

Rescue, Rehabilitation and Insolvency

s 292 සිට කියවන්න