69.
| (1) The court, if satisfied, with respect to every creditor of the company who under the provisions of section 68 is entitled to object to the reduction, that either his consent to the reduction has been obtained or his, debt or claim has been discharged or has determined, or has been secured, may make an order confirming the reduction on such terms and conditions as it thinks, fit. |
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| (2) Where the court makes any such order, it may-
| | (a) if for any special reason it thinks proper so to do, make an order directing that the company shall, during such period, commencing on or at any time after the date of the order, as is specified in "he order, add to its name as the last words thereof the words " and reduced " ; and | | |
| | (b) make an order requiring the company to publish in such manner as the court directs the reasons for the reduction or such other information in regard thereto as the court may think expedient with a view to giving proper information to the public, and, if the court thinks fit, the causes which led to the reduction. | | |
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| (3) Where a company is ordered to add to its name the words " and reduced ", those words shall, until the expiration of the period specified in the order, be deemed to be part of the name of the company. |
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Sri Lanka Consolidated Acts