

SRI LANKA – Getting the Deal Through: Ports & Terminals (2017 edition)
The shifting of governmental and state policy towards PPP-based projects, the emergence of the privately operated SAGT and CICT terminals at the port of Colombo,
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Incorporate a Company in Sri Lanka
ESTABLISHMENT OF AN ENTITY IN SRI LANKA Sri Lanka is ranked highly among the South Asian countries that offer ease in terms of establishing an
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Personal liability of directors for failure to meet their obligations under the provisions relating to solvency test
The Companies Act of April 2007 introduced the concept of a “Solvency Test” that should be satisfied by a company before and after a number
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Small Scale Renewable Energy Power Plant
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
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Takeovers and Mergers in Sri Lanka
In Sri Lanka, the administration of the Company Takeovers and Mergers Code is the function of the Sri Lankan Securities & Exchange Commission (SEC). The
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Proposed changes to foreign ownership of property laws and the introduction of capital gains tax
In the recent budget, there are proposals to relax the laws restricting foreign ownership of immovable property as imposed by the Land Alienation Act. Additionally,
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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
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Winding up of a limited liability company in Sri Lanka
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
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