Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 434

Penalty for improper use of word " Limited"

434. Where any person or persons trade or carry on business under any name or title of which " Limited" or any contraction or imitation of that word, is the last word, that person or those persons shall, unless duly incorporated with limited liability, be guilty of an offence and shall be liable to a fine not exceeding five hundred rupees for every day upon which the name or title has been used.


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