Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 195

Particulars with respect to directors in trade catalogues, circulars, &c

195.
(1) Every company to which the provisions of this section apply shall, in all trade catalogues, trade circulars show cards and business letters on or in which the company's name appears and which are issued or sent by the company to any person, state in legible characters with respect to every director being a corporation, the corporate name, and with respect to every director being an individual, his present name, or the initials thereof, and present surname.
(2) The provisions of this section shall apply to-
(a) every company registered under this Act or under any written law repealed by this Act;
(b) every company registered in Sri Lanka as an offshore company; and
(c) every company incorporated outside Sri Lanka which has an established place of business within Sri Lanka.
(3) Where a company makes default In complying with the provisions of this section, every officer of the company who is in default shall be guilty of an offence and shall be liable to a fine not exceeding two hundred and fifty rupees, and for the purposes of this subsection where a corporation is an officer of the company, every officer of the corpora tion shall be deemed to be an officer of the company:
(4) For the purposes of this section-
(a) the expression " director" includes any person in accordance with whose directions or instructions the directors of the company are accustomed to act and the expression " officer" shall be construed accordingly ;
(b) the expression " initials" includes a recognized abbreviation of the first name or forename ;
(c) in the case of a person usually known by a name different from his surname, the expression " surname " means that name ;
(d) any preference to a former name or surname does not include-
(i) in the case of a person usually known by a name different from his surname, the name by which he was known previous to the adoption of that name;
(ii) in the case of a citizen of Sri Lanka a former name or surname where that name or surname was changed or disused before the person bearing the name attained the age of eighteen years: or
(iii) in the case of a married woman, the name or surname by which she was known previous to her marriage ; and
(e) the expression " show cards " means cards containing or exhibiting articles dealt with, or samples or representations thereof.(e) the expression " show cards " means cards containing or exhibiting articles dealt with, or samples or representations thereof.


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