Introduction to Commercial Arbitration

Arbitration is one of Alternative Dispute Resolution methods which are able to use for replacing the traditional way of litigation in court. Considering with time consumption in the litigation process, this is the best way to resolve disputes. Hence, many of Commercial Disputes are nowadays resolving disputes using arbitration. There are two ways of Arbitration. […]

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An Introduction to Software License – (Part-I)

What is Software License? Software License is a legal instrument that governs how the software can be used and distributed. Usually, software is Copyright protected unless it’s available in the Public Domain (Artistic works that, are not covered under the Intellectual Property Law. There is no individual artist owns the work. It is owned by […]

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Global Legal Framework for Bitcoin

Bitcoin is a digital currency/cryptocurrency that is not supported by any country’s central bank or government. It’s different from other online transactions. We can say it’s peer to peer (P2P) transaction. We cannot see third-party involving here. Also, Bitcoin is sent between addresses via online, hence do not want to be tied to real world identity. […]

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Can make a Lease Agreement prior to institute Partition Action?

The relevant law regarding the issue states as follows: Section 66 of Partition Law No. 21 of 1977 (1) After a partition action is duly registered as a lis pendens under the Registration of Documents Ordinance no voluntary alienation, lease or hypothecation of any undivided share or interest of or in the land to which […]

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Clarification on Charitable Trust in Sri Lanka.

by Ashmila Mubarak (LL.B-Hons) While the Trusts Ordinance applies to all trusts in Sri Lanka, it made certain important concessions to religious communities. Chapter 10 of the Trusts Ordinance deals with charitable trust. The chapter starts with Section 99 and Section 99(1) reads as follows: The expression “charitable trusts” includes any trust for the benefit […]

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Can Foreign Shareholder Hold 51% shares in a Limited Liability Company?

According to the LAND (RESTRICTIONS ON ALIENATION) ACT, No. 38 OF 2014, Section 2 says that, (1) Notwithstanding any provision to the contrary in any other written law, the transfer of title of any land situated in Sri Lanka shall be prohibited if such transfer is (a) to a foreigner; or (b) to a company incorporated […]

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“The Pirate Bay” – copyright infringement on the Internet

Famous Website call “The Pirate Bay”, is one of the world’s largest file-sharing services on the Internet. It allows users to exchange digital material such as music, films, and computer games. Fredrik Neij (who is a Swedish national) and Peter Sunde Kolmisoppi (who is a Finnish national) are the founders of the website.  In January […]

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Sri Lanka Central Bank Bond Issues.

Constitutional Provisions  Article 3 of the 1978 constitution declares that sovereignty is in the People. Also, it is inalienable. It includes the powers of the government. Accordingly, people have the power to govern the country.  The people shall be exercised their sovereign power via three main bodies which are; Legislative    ⇒   Parliament Executive […]

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Federal Judge Blocks Federal Contractor “Blacklisting” Order

 By Jonathan Crotty, Michel Vanesse Executive Order 13673, entitled “Fair Pay and Safe Workplaces” requires certain federal contractors to disclose to the contracting officer violations over the past three years of 14 listed federal labor laws as well as some state law equivalents. The Department of Labor issued final regulations implementing the Order in August, and the […]

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