Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 95

Endorsement of certificate of registration on debentures

95.
(1) The company shall cause a copy of every certificate of registration given under the provisions of section 94 to be endorsed on every debenture or certificate of debenture stock which is issued by the company, and the payment of which is secured by the charge so registered:
(2) Where any person knowingly and wilfully authorizes or permits the delivery of any debenture or certificate of debenture stock which under the provisions of this section is required to have endorsed on it a copy of a certificate of registration without the copy being so endorsed upon it, he shall, without prejudice to any other liability, be guilty of an offence and be liable to a fine not exceeding one thousand rupees.


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