83.
| (1) A company limited by shares, if so authorized by its articles, may, with respect to any fully paid-up shares issue under its common seal a warrant stating that the bearer of such warrant is entitled to the shares therein specified, and may provide, by coupons or otherwise, for the payment of the future, dividends on the shares included in the warrant. |
|
| (2) Such a warrant as is referred to in subsection (1) is In this Act referred to as a " share warrant". |
|
| (3) A share warrant shall entitle the bearer thereof to the shares specified in such share warrant, and the shares may be transferred by delivery of the warrant. |
|
|
Sri Lanka Consolidated Acts