Category: Legal

Sri Lanka state has been given 90 days to respond to a landmark decision by the United Nations Human Rights Committee.Sri Lanka state has been given 90 days to respond to a landmark decision by the United Nations Human Rights Committee. The decision has opened the way for victims of human rights violations to go […]

Former Plantations Minister Arumugan Thondaman shifted baggage to the ruling Freedom Alliance, giving the government its longed for majority.Former Plantations Minister Arumugan Thondaman shifted baggage to the ruling Freedom Alliance, giving the government its longed for majority. Eight seats from the Ceylon Workers Congress will give the Alliance 114 seats in Parliament, one up on […]

Armed with a restraining order against a hydro project on forestland, environmental lobbies say secretive state procedures are keeping the public from getting involved.Armed with a restraining order against a hydro project on forestland, environmental lobbies say secretive state procedures are keeping the public from getting involved. The Court of Appeal on Tuesday extended an […]

Police discipline in Sri Lanka is to go back to the lap of the National Police Commission (NPC) as police behavior shows no hint of improvement under the Inspector General of Police.Police discipline in Sri Lanka is to go back to the lap of the National Police Commission (NPC) as police behavior shows no hint […]

Laid off employees can get up to 48 months of compensation and a state dole to go home, under a newly minted labour employment formula rolled out on Wednesday. Laid off employees can get up to 48 months of compensation and a state dole to go home, under a newly minted labour employment formula rolled […]

The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The bank suspended Pramuka’s licence two years ago, for alleged frauds and mounting […]

Central Bank officials say they will prosecute directors of the failed Pramuka Savings and Development Bank (PSDB) which is being liquidated by the regulator.Central Bank officials say they will prosecute directors of the failed Pramuka Savings and Development Bank (PSDB) which is being liquidated by the regulator. The Attorney Generals department is currently examining provisions […]

A government decision to hit foreign purchases of land with a 100 percent transfer tax could backfire by driving away foreign investments and hurting local companies. A government decision to hit foreign purchases of land with a 100 percent transfer tax could backfire by driving away foreign investments and hurting local companies. The government plans […]

The government is trying a backdoor move to slip in a clause that classifies local firms, which are 25 percent foreign owned, as non-citizens.The government is trying a backdoor move to slip in a clause that classifies local firms, which are 25 percent foreign owned, as non-citizens. The clause was quietly slipped into the Tax […]

A top audit expert is asking authorities close ownership loopholes on investment trusts, as capital market regulators tighten the noose on auditors and listed companies. A top audit expert is asking authorities close ownership loopholes on investment trusts, as capital market regulators tighten the noose on auditors and listed companies. The requests comes as the […]

The government cancelled 528 land transactions under the Land Reclamation Commission (LRC) on Thursday.The government cancelled 528 land transactions under the Land Reclamation Commission (LRC) on Thursday. All land transactions between January 2002 and March 2004, of State land under the LRC, are cancelled as of now, said the Cabinet spokesman Mangala Samaraweera on Thursday. […]

The government strongly condemned pyramid schemes today promising quick cabinet approval to draft anti-pyramiding legislation. The government strongly condemned pyramid schemes today promising quick cabinet approval to draft anti-pyramiding legislation. “This government is warning the public of this country very seriously not to invest in these pyramid schemes,” Finance Minister Dr. Sarath Amunugama told a […]