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Companies (Amendment) Act (No. 17 of 2020).

Type of law
Legislation
Source

Abstract
This Act makes amendments in sections 236, 238, 241 and 336A of the principal Act. It also inserts new Part VI which lays down provisions on the power of court; extension of time for the debtor; case administration; appointment, role, capacity and duties of an administrator; use, sale, or lease of property; obtaining credit; executory contracts and unexpired leases; filing of proofs of creditor’s or debtor's claims or interests; determination of tax liability; debtors’ duties; protection against discriminatory treatment; powers and duties of creditor’s committees; filing a plan and its contents; confirmation of plan by the court; and special tax provisions.
Long title of text
An Act to amend the Companies Act 1995 No.18 of 1995 1995 to provide for the rehabilitation of an insolvent corporate debtor and for other incidental and connected purposes.
Date of text
Repealed
No
Serial Imprint
Official Gazette Vol. XL No. 51, 15 July 2020.
Source language

English

Legislation Amendment
No
Amends