153.
| (1) Every balance sheet of a company shall be signed on behalf of the board by two of the directors of the company, or, if there is only one director, by that director. |
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| (2) In the case of a banking company, the balance sheet shall be signed by the secretary or manager, if any, and where there are more than three directors of the company, by at least three of those directors, and where there are not more than three directors by all the directors. |
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| (3) Where any copy of a balance sheet which has not been signed as required by the provisions of this section is issued, circulated or published, the company which is in default shall be guilty of an offence and shall be liable to a fine not exceeding five hundred rupees. |
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Sri Lanka Consolidated Acts