Sri Lanka Consolidated Acts

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Merchant Shipping Act (No. 52 of 1971) - Sect 61

Transfer of ship or Bale by order of Court

61.
(1) Where any Court, whether under the preceding sections of this Act or otherwise, orders the sale of any ship or any share therein, the order of the Court shall contain a declaration vesting in some person named by the Court the right to transfer that ship or share.
(2) On having been named by the Court, such person shall be entitled to transfer the ship or share in the same manner and to the same extent as if he were the registered owner thereof.
(3) Every Registrar shall obey the requisition of the person so named by the Court in respect of any such transfer to the same extent as if such person were the registered owner.


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