Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsProvisions as to assignment of office by directors
| 204. Where in the case of any company provision is to assignment made by the articles or by any agreement entered into between any person and the company for empowering a director or manager of the company to assign his office as such to another person, any assignment of office made in pursuance of the said provision shall, notwithstanding anything to the contrary contained in the said provision, be of no effect unless and until it is approved by a special resolution of the company. |