අන්තර්ගතයට යන්න

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

පනවන ලද පරිදි
පටුන

Part XV

423. Exception for person named in a successor company notice

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

(1)

Section 421 shall not apply to a person named in a successor company notice.

(2)

A successor company is a company that acquires the whole, or substantially the whole, of the business of a failed company under arrangements made by an administrator, liquidator or receiver or made under a deed of company arrangement.

(3)

A successor notice is a written notice by a successor company that –

(a)

is given by the successor company to each known creditor of the failed company;

(b)

is given to those creditors within one month after the arrangements for the acquisition of the business referred to in subsection (2) are made;

(c)

specifies –

(i)

the name and registered number of the failed company;

(ii)

the circumstances in which the business has been acquired by the successor business;

Rescue, Rehabilitation and Insolvency

(iii)

the name that the successor company has assumed, or proposes to assume, for the purpose of carrying on that business;

(iv)

any change of name that the successor company has made, or proposes to make, for the purpose of carrying on that business; and

(d)

states, in respect of a person named in the notice –

(i)

the person’s full name;

(ii)

the duration of the person’s directorship of the failed company;

(iii)

the extent of the person’s involvement in the management of the failed company.