Category: Legal

Moves by the Sri Lankan government to slip in a law to mandate a pay hike among private businesses, has irked top trade chambers and the Employers’ Federation of Ceylon.Moves by the Sri Lankan government to slip in a law to mandate a pay hike among private businesses, has irked top trade chambers and the […]

Mobile legal clinics will travel out to tsunami ravaged areas, dishing out free legal advice for all families who lost vital personal papers in the floods. Mobile legal clinics will travel out to tsunami ravaged areas, dishing out free legal advice for all families who lost vital personal papers in the floods. The clinics will […]

Corporate lawyers are hoping a draft Company Law abandoned a few years ago will be enacted this year. Corporate lawyers are hoping a draft Company Law abandoned a few years ago will be enacted this year. The law, modeled on the New Zealand Companies Act incorporating international law principles was abandoned as some experts thought […]

Illegal drug flows into Sri Lanka, as a transit point and as a destination, is on the rise, says the international drug watchdog.Illegal drug flows into Sri Lanka, as a transit point and as a destination, is on the rise, says the international drug watchdog. “The flow of heroin from Afghanistan, the world’s largest illicit […]

Market player N M Tony Perera compounded his case with the securities watchdog for an allegedly creating a false market by paying up a Rs. 50,000 fine, the regulator said Friday. Market player N M Tony Perera compounded his case with the securities watchdog for an allegedly creating a false market by paying up a […]

The United Nations warns that more women going abroad to work is leading to more human trafficking. The United Nations warns that more women going abroad to work is leading to more human trafficking. A UN report on migration shows that increasing female migration is also leading to more human trafficking. Women now account for […]

Sri Lanka police Wednesday arrested a senior civil servant on a charge of siphoning off tsunami aid meant for thousands of survivors in the island’s devastated north-east, police said.Sri Lanka police Wednesday arrested a senior civil servant on a charge of siphoning off tsunami aid meant for thousands of survivors in the island’s devastated north-east, […]

Hotelier George L A Ondaatjie compounded his case with the securities watchdog for an alleged insider dealing offence by paying up a Rs. 2 mn fine, the regulator said Friday. Hotelier George L A Ondaatjie compounded his case with the securities watchdog for an alleged insider dealing offence by paying up a Rs. 2 mn […]

The LTTE continued recruiting children in 2004 but says it is willing to talk with the United Nations to set up a child recruitment monitoring system.The LTTE continued recruiting children in 2004 but says it is willing to talk with the United Nations to set up a child recruitment monitoring system. The LTTE notified the […]

The government will soon amend existing laws to help tsunami victims that will expedite issuing of death certificates and increase the age of adoption of children left orphan by the Dec.26 disaster, the justice minister said Monday.The government will soon amend existing laws to help tsunami victims that will expedite issuing of death certificates and […]

The securities watchdog is looking at expanding the Takeovers & Mergers Code to cover indirect takeovers. The securities watchdog is looking at expanding the Takeovers & Mergers Code to cover indirect takeovers. The Securities & Exchange Commission’s (SEC) powers are presently limited to companies quoted on the Colombo Stock Exchange. Hence its Takeovers & Mergers […]

Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Government is now […]