Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 230

Offences and penalties

230. Where any company contravenes or fails to comply with any of the provisions of this Part or of any direction given by the Registrar or any direction or order given by the court, the company and every officer or agent of the company who knowingly and wilfully authorizes or permits such contravention or non-compliance shall be guilty of an offence and shall be liable to a fine not exceeding ten thousand rupees or to imprisonment for a term not exceeding two years or to both such fine and imprisonment.


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