Navigating the complexities of global jurisprudence.

OVERVIEW OF THE PERMITS, LICENSES AND APPROVALS REQUIRED IN SETTING UP A SMALL SCALE POWER PLANT Once the energy source to be utilized by the (SSPPP) Small Scale Power Plant Project has been identified a prefeasibility study should be conducted to ascertain the economic viability of the project. The Study should be conducted by a Consultant accredited by the Sustainable Energy Authority. The report must include the following: 1. * A copy of the map of the geographical location of the propos

In Sri Lanka, the administration of the Company Takeovers and Mergers Code is the function of the Sri Lankan Securities & Exchange Commission (SEC). The Code is a set of rules made by the Commission under the provisions of the Securities & Exchange Commission Act.The Code is applicable to all takeovers and mergers in which the target is a listed public company, irrespective of whether Sri Lanka is the place of incorporation or central management of the company. The main focus of the Code is on t

Admiralty action in the jurisdiction of Sri Lanka is derived from the Admiralty Jurisdiction Act No. 40 of 1983 (“AJA”). Section 2(1) lists out the maritime claims upon which admiralty in rem proceedings can be instituted which include claims in relation to goods and services provided to a vessel, claims under charter party agreements, claims under a contract of carriage of goods by a ship and claims on account of unpaid crew wages. In addition to maritime claims as provided for under the AJA,

Companies may be wound up in accordance with the provisions of the Companies Act and the Companies Winding up Rues. Winding up of a company may be either by court, voluntarily, or subject to the supervision of Court. Winding up by Court – A company may be wound up by Court, if the company has, by special resolution, resolved that the company be wound up by the Court, the company is unable to pay its debts as defined in the Companies Act, the company does not commence its business within year