Hearing to consider appeal against London High Court ruling begins

Tuesday, 2 August 2011 00:03 -     - {{hitsCtrl.values.hits}}

The hearing of the case for permission to appeal the London High Court ruling against Sri Lanka was scheduled to commence yesterday, the Daily FT learns.

 Sources said that the Court would consider the submissions from CPC for an appeal to London High Court ruling in favour of Standard Chartered Bank last month that the petroleum utility owed nearly $162 million to the Bank over the ill-fated hedging deal.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.