20.
| (1) A company may, by special resolution and with the prior approval in writing of the Registrar, change its name. |
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| (2) Where through inadvertence of otherwise, a company on its first registration or on its registration by a new name is registered by a name which, in the opinion of the Registrar, is too like the name by which a company in existence is previously registered, the first-mentioned company may change its name with the prior sanction of the Registrar and, if the Registrar so directs within six months from the date of its being registered by that name, shall change it within a period of six weeks from the date of the direction or such longer period as the Registrar may in his discretion allow. |
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| (3) Where a company changes its name, the Registrar shall enter the new name on the register in place of the former name, and shall issue a certificate of incorporation altered to indicate such change. |
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| (4) The change of name shall not affect any rights or obligations of the company, or render ineffective any legal proceedings by or against the company, and any legal proceedings that might have been continued or commenced against it by the former name may be continued or commenced against it by its new name. |
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Sri Lanka Consolidated Acts