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picture1_Act 7 Of 2007 English 442 461 Split


picture2_Act 7 Of 2007 English 442 461 Split picture3_Act 7 Of 2007 English 442 461 Split

 94x       Filetype PDF       File size 0.06 MB       Source: www.drc.gov.lk


File: Act 7 Of 2007 English 442 461 Split
FIRST SCHEDULE [Section 14] MODEL ARTICLES A. SHARES 1. Issue of shares (1) Subject to articles 1 (2) and 1 (3), of these articles, the board may issue such shares ...

icon picture PDF Filetype PDF | Posted on 21 Jan 2023 | 2 years ago
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...First schedule model articles a shares issue of subject to and these the board may such persons as it thinks fit in accordance with section this act where confer rights other than those specified subsection or impose any obligation on holder must approve terms which set out obligations attached required by before issues decide consideration for will be issued fair reasonable company all existing shareholders rank equally prior offered holders manner would if accepted maintain relative voting distribution offer remain open acceptance time companies no calls share imposes pay an amount money fixed date that b when called do so at give written notice requiring payment made within period not less twenty working days paid due shall carry interest rate exceeding ten per cent annum accruing daily waive joint are jointly severally liable payments under paragraph article has lien every applies payable respect amounts presently sell given its intention shareholder failed make arisen giving trans...
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