Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 121

Annual return to be made by company not having share capital

121.
(1) Every company not having a share capital shall at least once in every calendar year make a return stating
(a) the address of the registered office of the company;
(b) all such particulars with respect to the persons who at the date of the return are the directors of the company as are by this Act required to be contained with respect to directors in the register of directors of a company:
(2) There shall be annexed to any return made under the provisions of subsection (1), a statement containing particulars of the total amount of the indebtedness of the company in respect of all mortgages and charges which are required to be registered with the Registrar under this Act.
(3) Where a company fails to comply with the provisions of this section, the company and every officer of the company who is in default shall be guilty of an offence and shall be liable to a default fine.
(4) For the purposes of this section, the expressions " officer" and " director" shall include any person in accordance with whose directions or instructions the directors of the company are accustomed to act.

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