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Companies Act 2007 · இயற்றப்பட்டவாறு · Part XII · Winding Up

367. Transactions having preferential effect

அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF

(1)

A transaction by a company is voidable on the application of the liquidator, if the transaction —

(a)

took place—

(i)

at a time when the company was unable to pay its debts as they fell due; and

(ii)

within the specified period; and

(b)

enabled another person to receive more towards satisfaction of a debt than the person would otherwise have received or be likely to have received in the liquidation.

(2)

Unless the contrary is proved, for the purposes of subsection (1), a transaction that took place within the restricted period is presumed to have been made at a time when the company was unable to pay its debts as they fell due.

(3)

A transaction with a person shall not be set aside under this section, unless the company was influenced in entering into the transaction by a desire to produce in relation to that person, the effect mentioned in paragraph (b) of subsection (1).

(4)

A company which has entered into a transaction with any connected person is presumed, unless the contrary is shown, to have been influenced by a desire to produce in relation to that person, the effect mentioned in paragraph (b)

of subsection (1).

s 368 முதல் தொடர்ந்து படிக்கவும்

Part XIII