Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 409

Civil liability for mis-statements in prospectus

409. The provisions of section 45 shall extend to every prospectus offering for subscription shares in or debentures of a company incorporated or to be incorporated outside Sri Lanka, whether the company has or has not established, or when formed will or will not establish, a place of business in Sri Lanka, with the substitution, for any reference to section 41, of the reference to section 406.


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