Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsEffect of voluntary winding up on business and status of company
| 311. In the case of a voluntary winding-up, the company shall, from the date of commencement of the winding-up, cease to carry on its business, except so far as may be required for the beneficial winding up thereof : Provided that the corporate state and corporate powers of the company shall, notwithstanding anything to the contrary in its articles, continue until such company is dissolved. |