217.
| (1) Where an order under the provisions of section 210 or section 211 makes any alteration in the memorandum or articles or articles of a company, then, notwithstanding any other provision of this Act, the company shall not have power, except to the extent, if any, permitted in the order, to make without the leave of the court, any alteration whatsoever which is inconsistent with the order, either in the memorandum or in the articles. |
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| (2) Subject to the provisions of subsection (1), the alterations made by the order shall, in all respects, have the same effect as if they had been duly made by the company in accordance with the provisions of this Act, and the said provisions shall apply accordingly to the memorandum or articles so altered. |
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| (3) A certified copy of every order altering, or giving leave to alter, a company's memorandum' or articles, shall within fifteen days after the making of such order, be filed by the company with the Registrar who shall register the same. |
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| (4) Where default is made in complying with the provisions of subsection (3), the company, and every officer of the company who is in default, shall be guilty of an offence and shall be liable to a fine not exceeding two hundred and fifty rupees for every day during which the default continues. |
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Sri Lanka Consolidated Acts