Category: Legal

Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels.Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels. The assembly voted 124 for and 21 against extending the […]

Sri Lanka’s Supreme Court blocking a land-mark aid sharing deal among the island’s warring parties is seen by diplomats and analysts as the worst setback for the already faltering peace process. Sri Lanka’s Supreme Court blocking a land-mark aid sharing deal among the island’s warring parties is seen by diplomats and analysts as the worst […]

Sri Lanka Telecom’s tariff dispute could set the telco giant back by a few billions in profits depending on how the Appeal Court ruling against its tariff is interpreted.Sri Lanka Telecom’s tariff dispute could set the telco giant back by a few billions in profits depending on how the Appeal Court ruling against its tariff […]

Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday.Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday. The Prevention of Money Laundering Bill and Financial Transactions Reporting Bill, will […]

Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike.Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike. The statement said “The Sri Lanka Telecom Limited […]

The Appeal Court on Monday quashed Sri Lanka Telecom’s 2003 tariff increase, which raised monthly rentals to Rs.500. The Appeal Court on Monday quashed Sri Lanka Telecom’s 2003 tariff increase, which raised monthly rentals to Rs. 500. The ruling requires SLT to revert back to pre-2003 tariffs and refund the difference in its customers bills […]

Sri Lanka plans to draw up laws to prevent key state-run companies from being privatised, Finance Minister Sarath Amunugama said Friday.Sri Lanka plans to draw up laws to prevent key state-run companies from being privatised, Finance Minister Sarath Amunugama said Friday. Top on the list is loss making government utilities, Ceylon Electricity Board and Ceylon […]

Delaying the Constitutional Council is paralysing law enforcement and turning Sri Lanka into a criminal paradise, says National Police Commission (NPC). Delaying the Constitutional Council is paralysing law enforcement and turning Sri Lanka into a criminal paradise, says National Police Commission (NPC). The Constitutional Council, mandated under the 17 amendment to Sri Lanka’s Constitution, expired […]

Five men were Monday sentenced to hang for killing a Sri Lankan judge who had handed down heavy sentences on gangsters.Five men were Monday sentenced to hang for killing a Sri Lankan judge who had handed down heavy sentences on gangsters. The murder of Judge Sarath Ambepitiya, who was gunned down at his Colombo home […]

For the first time in Sri Lanka, two cases of mass scale copyright violations had the book thrown at them this week.For the first time in Sri Lanka, two cases of mass scale copyright violations had the book thrown at them this week. On Wednesday, the Fort magistrate hit two large pirate outlets with fines […]

Sri Lanka raised the capital requirement for money changers by 900 percent and paved the way for dealers to open branches, the Central Bank said Friday.Sri Lanka raised the capital requirement for money changers by 900 percent and paved the way for dealers to open branches, the Central Bank said Friday. Starting July 1, the […]

Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday.Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday. Presently, CRIB maintains credit records for banks and finance companies, […]