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"id": 1280516,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1280516/?format=api",
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"type": "speech",
"speaker_name": "Tharaka, UDA",
"speaker_title": "Hon. George Murugara",
"speaker": null,
"content": " Hon. Temporary Chairman, I beg to move: THAT, the Schedule to the Bill be amended- (e) in the proposed amendments to the Companies Act, No.17 of 2015 in the proposed New Section 992A by deleting the word “six” appearing immediately after the words “at least” and substituting therefor the word “seven”. The justification is two-fold: To harmonise the period which a local representative of the foreign company is required to retain the records relating to the company with the period of seven years prescribed for by local companies, and the Limited Liability Partnerships also to take care of the Limitation of Actions Act."
}