Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsDebts of all descriptions to proved
| 345. In every winding up (subject in the case of insolvent companies to the application in accordance with the provisions of this Act or the law of insolvency) all debts payable on a contingency, and all claims against the company, present or future, certain or contingent, ascertained or sounding only in damages, shall be admissible as evidence against the company, a just estimate being made, so far as possible, of the value of such debts or claims as may be subject to any contingency or sound only in damages, or for some other reason do not bear a certain value. |