43.
| (1) The Ceylon Shipping Corporation Limited shall be deemed never to have been required to summon and hold an annual general meeting of the Ceylon Shipping Corporation Limited for or during the year 1970. and accordingly-
| | (a) no action or other proceedings, whether by way of writ or otherwise, shall lie before any Court against the Ceylon Shipping Corporation Limited or any director or officer of the Ceylon Shipping Corporation Limited on account of the omission to summon and hold such meeting; and
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| | (b) any such action or proceedings as is or are pending shall be deemed to have abated.
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| (2) The provisions of sub-section (1) shall be deemed for all purposes to have come into force on January 1, 1970. |
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Sri Lanka Consolidated Acts