Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 9

Regulations required in case of unlimited company of company limited by guarantee

9.
(1) In the case of an unlimited company, the articles shall state the number of members with which the company proposes to be registered and, if the company has a share capital, shall state the amounts of share capital with which the company proposes to be registered.
(2) In the case of a company limited by guarantee, the articles shall state the number of members with which the company proposes to be registered.
(3) Where an unlimited company or a company limited by guarantee has increased the number of its members beyond the registered number, it shall, within fifteen days from the date the increase was resolved on or took place, give to the Registrar in writing the notice of the increase, and the Registrar shall record the increase.


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