Legal

Comeback

A draft Companies Act, thrown out by the former Government will be brought back to replace the 1980s piece of legislation governing businesses in Sri …

Hanging Up

The telecom watchdog ended its standoff with Mobitel (Pvt) Ltd on Thursday, withdrawing its case with the Fort Magistrate after the two parties reached a …

First Act

The governments first piece of business when parliament opens on May 18 will be to push through an Anti-corruption Bill to replace the Bribery Commission and …

Not Fair

Flour Mill giant Singapores Prima Ceylon Ltd has filed papers for arbitration against the government for failing to honour two clauses in its agreement.A fresh …

Interim Relief

State-run Sri Lanka Rupavahini Corp. (SLRC), Independent Television Networks and the Sri Lanka Broadcasting Corp. (SLBC) challenged the independent election …

Short Break

The Supreme Court on Tuesday sought extra time to hear the fundamental rights application filed by state electronic media organisations against the Elections …

Tough Run

NatWealth Corp., says the fund misappropriation allegations in the State media are politically motivated, baseless and a distortion on facts.The retort came …

Checkmate

Moves by DFCC Bank to invest in National Wealth Corp. were put on hold following defamatory reports by the state media on Tuesday.NatWealth, which is a fully …

Bad Luck

The Mahapola Trust Fund and GTECH filed a counter case in courts Tuesday to fight a fundamental rights petition against the launch of its online lottery. The …

Super Power

The Supreme Court sought time till March 29, to give President Chandrika Kumaratunga an opinion on the controversial tax amnesty law.President Kumaratunga had …

Labour Of Love

Ten years of trying and the biggest bargaining tool in the local economy saw the light of day at the Labour Ministry on Wednesday bearing the harmless title …

New Dentures

The government says it has put out a fresh draft, which gives the Auditor Generals Dept., more teeth to flex its muscle.An independent Audit Commission on the …

Not Done

President Chandrika Kumaratunga has made a fresh attempt to overturn tax amnesty extension given by the government last year.In a petition to the Court of …

Pls Comply

The telecom watchdog has asked the Treasury to remove Sri Lanka Telecom chief, who has been charged for breaking immigration laws to help an alleged underworld …

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