Category: Legal

US President George Bush has called on the United States Senate for its lquote advice and consent on amending its legislation for avoiding double taxation and the prevention of fiscal evasion with Sri Lanka. The amendments are sought for the convention between the US and Sri Lanka ldblquote for the Avoidance of Double Taxation and […]

The Attorney General told the Appeal Court on Wednesday that the government would not go ahead and recruit a Chief Executive Officer to head the upcoming Revenue Authority of Sri Lanka.The AGs statement follows a petition filed by the Customs Superintendents Union against the Finance Minister and Treasury Secretary, to stop the respondents from recruiting […]

The Appeal Court on Monday threw out the governments tax amnesty law, saying it lacked legal teeth to become enforceable.Under the present Constitution, once parliament endorses a legislative amendment, it has to be endorsed by the Speaker. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy spiriva inhaler with best […]

Hotel Services Ltd., the owners of the Continental Hotel in downtown Colombo, has won US$ 2. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with best prices today in the USA buy stendra online https://www.indcheminternational.com/wp-content/uploads/2022/08/png/stendra.html no prescription pharmacy buy stendra online http://sinusys.com/images/icons/png/stendra.html no prescription pharmacy buy stendra online […]

Members of a committee appointed by the securities watchdog plan to propose measures that will improve the dismal corporate governance practices in listed companies.The SEC appointed committee would have its first meeting soon to discuss how it will approach the issue. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy […]

The insurance regulator is studying the possibility of setting up a National Health Insurance scheme that could cover the islands entire population.The Insurance Board of Sri Lanka (IBSL) is in the process of studying the possibilities of setting up such a nationwide insurance scheme. buy metformin online https://qpharmacorp.com/wp-content/uploads/2023/08/png/metformin.html no prescription pharmacy buy azithromycin online https://lifepractice.net/wp-content/uploads/2022/08/png/azithromycin.html […]

Pramuka Depositors warned of possible legal action for damages against Central Bank, KPMG Ford Rhodes & Thornton and the bank management, if authorities proceed with the liquidation of the bank as the deadline for expressions draws close.ldblquote We will sue Central Bank who did not take action for three years and the auditors who endorsed […]

Top lawyers say that the passing in to law of the Consumer Affairs Authority bill has left a vacuum in the countrys laws on mergers and monopolies.The Fair-Trading Commission Act of 1987, which it replaced, had provisions to deal with mergers and monopoly situations.rn rnldblquote The Fair Trading Commission was empowered to deal with monopolies […]

Regional Heads of WIPO (World Intellectual Property Organisation) are attending a two day workshop starting Tuesday to draw an outline for the Organisations future activities in the Asian region. Twenty five regional countries are represented, and will allow for the delegates to identify emerging issues and problem areas along with possible remedies for them. online […]

An asset management company primarily created to take over half the dud loans of Peoples Bank will come with a bite that is stronger than the bark.According to a draft new law, companies that owe more than half their debts to the AMC can be taken over and run or liquidated by a special administrator. […]

All financial services are being pulled out from under the new Consumer Affairs Authority, with a financial ombudsman being floated to take up consumer grievances. ldblquote We have got permission from the Consumer Affairs Minister Ravi Karunanayake to exempt financial institutions from the purview of the new Act dblquote , said Bankers Association Secretary General, […]

The Central Bank said told Supreme Court on Monday they will meet bankers and other potential investors of Pramuka this week, to give effect to an Appeals Court order.Accordingly, monetary authorities will meet bankers and other potential investors on Thursday (July 24) and Pramukas depositors on Friday (July 25) to explore all options to revive […]