Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 37

Power for company to have official seal for use abroad

37.
(1) A company whose objects require or comprise the transaction of business in foreign countries may, if authorized by its articles, have for use in any territory, district, or place outside Sri Lanka, an official seal which shall be a facsimile of the common seal of the company, with the addition on its face of the name of every such territory, district, or place, as the case may be, in which it is to be used.
(2) A deed or other document to which an official seal is duly affixed shall bind the company as if it had been sealed with the common seal of the company.
(3) A company having an official seal for use in any such territory, district or place may, by writing under its common seal, authorize any person appointed for the purpose in that territory, district or place, to affix the official seal to any deed or other document to which the company is party in that territory, district or place,
(4) The authority of, any such agent shall, as between the company and any person dealing with the agent, continue during the period, if any, specified in the instrument conferring such authority, or if no period is so specified, until notice of the revocation or determination of the agent's authority has been given to the person dealing with such agent.
(5) The person affixing any such official seal shall, by writing under his hand, certify on the deed or other instrument to which the seal is affixed, the date on which and the place at which it is affixed.


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