Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 296

Adjustment of right of contributories

296.
(1) The court shall adjust the rights of the contributories among themselves, and distribute any surplus among the persons entitled thereto.
(2) Nothing in this section shall be taken as excluding or restricting any statutory rights of a Government department or person acting under the authority of a Government department.

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