Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 44

Restrictions on alteration on term mentioned in prospectus or statement in lieu of prospectus

44.
(1) A company limited by shares or a company limited by guarantee and having a share capital, shall not, prior to the statutory meeting of such company, vary the terms of a contract referred to in the prospectus, or statement in lieu of prospectus except subject to the approval of the statutory meeting.
(2) The provisions of this section shall not apply to a private company.

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