Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 260

Avoidance of dispositions of property, amp;c., after commencement of winding up

260 In a winding up by the court, any disposition of the property of the company, including things In action, and any transfer of shares, or alteration in the status of the members of the company, made after the commencement of the winding up, shall, unless the court otherwise orders, be void.


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