Category: Legal
Just Safeguards
July 02, 2009 (LBO) – Many of the safeguards guaranteed by Sri Lanka’s laws of evidence were missing in recent fundamental rights petitions where private parties were involved, and there was a reliance on third party accounts, a senior lawyer said.Senior lawyer K Kanag-Isvaran said the articles 10 to 15 of Sri Lanka’s constitution guaranteed […]
Global Tie
June 25, 2009 (LBO) – Sri Lanka’s financial intelligence unit (FIU), said it had joined the Egmont group, a global association of agencies that combat money laundering and terrorist financing. The 116 member group was established in 1995, Sri Lanka’s FIU which functions under the central bank said. The Egmont Group membership will allow Sri […]
Dispute Resolution
June 22, 2009 (LBO) – Sri Lanka is hosting an international conference on arbitration with the Singapore International Arbitration centre on June 27, the island’s Association of Corporate Lawyers (ACL) said. Held under the theme of ‘Transnational Perspectives on Arbitration’, the conference is targeted at arbitrators, in-house counsel, litigators, legal officers, government officials, banks and […]
Fin
June 18, 2009 (AFP) – Sri Lanka’s top rights panel said Thursday it has concluded investigations into the murder of 17 local employees of a French charity and six other high profile cases from the island’s civil war.The head of the probe, however, refused to say who had been found responsible for the 2006 massacre […]
Chief Judge
June 08, 2009 (LBO) – The Sri Lankan government has appointed Justice Asoka de Silva as the island’s new chief justice. Justice de Silva took oaths as Sri Lanka’s 32nd chief justice before President Mahinda Rajapaksa Monday morning, the government information department said in a statement. He is the senior-most Sri Lankan judge and has […]
Hostage Crisis
ZAMBOANGA, June 4, 2009 (AFP) – A Sri Lankan peace activist kidnapped by Islamic militants in the southern Philippines almost four months ago has been safely rescued, police said Thursday. Umar Jaleel was rescued late Wednesday from his Abu Sayyaf captors in the town of Tipo-Tipo on Basilan island, regional police spokesman Superintendent Danilo Bacas […]
No Deal
June 4, 2009 (LBO) – Sri Lanka’s Supreme Court said a 2003 privatization of Sri Lanka Insurance Corporation (SLIC) to listed Distilleries group was illegal and ordered the shares to be returned to the government and the purchase price refunded. Court also said Ernst & Young, the auditors of the firm should be removed. Court […]
Fake Battle
June 01, 2009 (LBO) – Coats Thread Lanka (CTL) says it is battling counterfeiting of its brands by taking legal action against sellers of fakes and taking and has asked retailers to be careful when buying stock. “We have been vigilant and working with the law enforcement authorities to counter this threat by organizing periodic […]
Key Decisions
June 01, 2009 (LBO) – Sri Lanka’s Supreme Court has appointed a chief executive, an auctioneer and auditors to the collapsed Golden Key Credit Card Company to liquidate assets and pay back depositors, lawyers said. In another development, Supreme Court has asked Finance and Guarantee Company, a regulated firm, and two related unregulated real estate […]
Derivative Probe
May 31, 2009 (LBO) – Sri Lanka’s police have raided the offices of state-run Ceylon Petroleum Corporation (CPC) and seized documents related to exotic oil derivatives which went against the utility, a media report said. The Sunday Times newspaper said officers of the criminal investigation department of Sri Lanka’s police had raided the head quarters […]
D Day
May 31, 2009 (LBO) – A decision on a case challenging the privatization of Sri Lanka Insurance Corporation (SLIC) is listed for delivery at Sri Lanka’s Supreme Court on June 01, lawyers said. Distilleries Company of Sri Lanka closed at 90.25, down 2.25 rupees Friday. SLIC was sold to the listed Distilleries group of businessman […]
Weak Judiciary
May 29, 2009 (LBO) – Sri Lanka’s justice system, legal profession and media are all under grave threat, said a report published by the International Bar Association’s Human Rights Institute (IBAHRI). Public confidence in the judiciary has got eroded and the Chief Justice is seen as biased, said the report on the independence of the […]
