Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsConsequences of show cause notice
| 225. Upon receipt of a notice under the provisions of section 224, the company shall, within thirty days from the date of receipt of the notice or before the expiration of such extended time as may be granted by the Registrar in his discretion, notify the Registrar in writing either that it consents to become a public limited liability company or that it refuses for good cause to become a public limited liability company and where it so refuses shall state it reasons therefor. |