Legal

Enabling Code

July 7, 2006 (LBO) - Sri Lanka's main employers' body has introduced a code of conduct as part of its efforts at encouraging firms to hire disabled persons. …

Keeping Tabs

June 22, 2006 (AFP) - Sri Lanka Thursday announced plans to re-launch a state institution to investigate complaints against newspapers despite the existence of …

Sweet Revenge

June 22, 2006 (LBO) – Sri Lanka announced plans to set up a special company to take over bad debts of state banks and revive the failed Pramuka Bank …

Bald Spot

June 19, 2006 (LBO) – A new securities law giving legal muscle to companies who raise debt by securitising the assets are likely to come through this …

Illegal Smoke

June 01 (LBO) – Ceylon Tobacco Company together with several hotel associations filed petitions in the Supreme Court on Thursday against proposed laws to …

Clean Closet

May 20, 2006 (LBO) – Sri Lanka's securities watchdog is in the final stages of drawing up rules to make corporate governance mandatory among listed …

Foiled Plan

May 18 (LBO) – Attempts to widen the takeovers and mergers code to include indirect company takeovers is unlikely to work, Sri Lanka’s securities …

Arrest Quest

Apr. 27 (LBO) – Seven persons who were caught promoting the GoldQuest network marketing scheme have been arrested in southern Sri Lanka, police said. …

Eagle Eyes

Apr.04 (AFP) - Counter terrorism and anti-money laundering experts from South Asian nations began training with US experts in Colombo on Tuesday, the US …

Red Light

Apr.24 (LBO) - The District Court Monday turned down a request by Malaysian based investor A P Jagaiah to postpone the NDB Bank's annual general meeting. …

Guilty

NEW YORK, Apr.24 (AFP) - The former top executive of Computer Associates, Sanjay Kumar, pleaded guilty Monday to participating in a 2. buy rotacaps online …

E-sex bust

Apr.23 (LBO) – Sri Lanka's immigration authorities have closed an internet-based commercial sex service run by foreign nationals, in the first such …

Micro Law

Apr.20 (LBO) – Sri Lanka is drawing up a new law to regulate micro-credit organizations scattered around the county. The legislation will cover thrift …

Adding Muscle

SINGAPORE, Apr.07 (AFP) - India, South Korea and Sri Lanka on Friday joined a regional cooperation pact against marine piracy in Asia, bringing to 11 the …

Later, Later

Apr.04 (LBO) – Sri Lanka's parliament Tuesday referred laws to safeguard the country from anti dumping and countervailing duties to a select committee …

Legal Boost

Mar. 20 (LBO) -- The modernisation of the main piece of legislation that governs the incorporation and running of Sri Lankan companies would substantially …

New Dentures

Mar. 20 (LBO) – Sri Lanka's parliament on Tuesday will take up key laws governing the financial sector, giving effect to proposal presented in the 2006 …

Brush Up

Mar16 (LBO) – Sri Lanka's Central Bank has finalised several amendments to the Banking Act that will strengthen its ability to implement regulatory …

It’s Jinxed

Mar. 15 (LBO) – Sri Lanka's parliament is due to take up the Companies Act within the next two months, after a delay of nearly 13 years. The draft bill, …

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