Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 312

Avoidance of transfer, &c., after commencement of voluntary winding up

312. Any transfer of shares, not being a transfer made to, or with the sanction of, the liquidator, and any alteration in the status of the members of the company, made after the date of commencement of a voluntary winding up, shall be void.

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