Gregory's Partners

Sri Lanka's largest TBond Auction of Rs.270Bn offered by CBSL on 12th March 2024.

With the proposed Economic and Technical Co-operation Agreement (ECTA) India is looking at LNG supply line, Oil pipeline, renewable energy and power grid interconnection, land-bridge, Indo-Lanka Ferry Service.

ECTA to open opportunities for trade and economic cooperation: Indian High Commissioner By Dilushi Wijesinghe The proposed Economic and Technical Co-operation Agreement (ECTA) benefits both countries, particularly Sri Lanka, India’s High Commissioner Santosh Jha said. “Sri Lanka was the first to sign a free trade agreement in 1998. That was a first for Sri Lanka but also for India,...

Sri Lanka Thai FTA challenged as unconstitutional, illegal

"According to the provisions of the agreement, the Foreign Business Act of Thailand has been listed (as) the horizontal commitment which require strict compliance by foreigners (Sri Lankans) initiating business activities in Thailand under the SLTFTA whereas there is no similar restriction on the people of Thailand to do business in Sri Lanka. Furthermore the domestic exclusive economic zone and continental shelf is accessible to the people of Thailand while access to similar areas in Thailand is restricted for Sri Lankans by operation of the domestic law in Thailand".

Is Sri Lanka being strategic enough? The Ceylon National Chamber Of Industries The Ceylon Chamber of Commerce



https://www.sundaytimes.lk/240310/business-times/sri-lanka-thai-fta-challenged-as-unconstitutional-illegal-550789.html #:~:text=The%20recently%20concluded%20Sri%20Lanka,illegal%20and%20null%20and%20void.

"In 2022, the total value of exports from Sri Lanka to Thailand was US$57.76 million, while Colombo imported goods to the value of US$302.64 million from the kingdom".

https://www.sundayobserver.lk/2024/03/10/business/18560/sri-lanka-thailand-fta-for-greater-trade/

Sri Lanka-Thailand FTA for ‘greater trade’ - Sunday Observer Will boost debt-stricken local economy Signal to Asean that South Asia ready for economic engagement Sri Lanka’s recent Free Trade Agreement (FTA) with Thailand will help to boost the crisis-stricken…

"Draft electricity law which aims to break up the Ceylon Electricity Board into separate, generation, distribution companies and a systems operator".

https://economynext.com/sri-lanka-electricity-law-draft-to-reform-power-sector-published-143010/

Sri Lanka electricity law draft to reform power sector published | EconomyNext Sri Lanka has published a draft electricity law which aims to break up the Ceylon Electricity Board into separate, generation, distribution companies and a systems operator.

"Divorces to be made easy through three new bills"
Much needed reforms for Sri Lanka. New grounds for divorce to be introduced.

https://www.sundaytimes.lk/231210/news/divorces-to-be-made-easy-through-three-new-bills-541896.html

Divorces to be made easy through three new bills By Damith Wickramasekara Three draft bills that will make obtaining divorces far easier are due to be presented to Parliament next month. The Matrimonial Causes Act, the Recognition of Foreign Divorce Judgments Act and an amendment to the Civil Procedure Code will radically reform outdated laws that...

Commercial High Court of Colombo Judge Pradeep Hettiarachchi recently dismissed an action filed by Apple Inc. against Stassen Exports Ltd. subject to penal costs at 500%. Apple Inc. instituted action bearing No HC (Civil) 1/2020/IP in the year 2020 against Stassen Exports seeking to annul Stassen’s ‘HANA TEA’ Trademark which included an image of a ‘bitten apple’.

https://www.dailymirror.lk/breaking_news/Harry-J-wins-intellectual-property-battle-with-Apple-Inc-in-landmark-case/108-264924

Harry J. wins intellectual property battle with Apple Inc. in landmark case - Breaking News | Daily Mirror Commercial High Court of Colombo Judge Pradeep Hettiarachchi recently dismissed an action filed by Apple Inc. against Stassen Exports Ltd. subject to penal costs at 500%. ..

CMA CPD Webinar - Domestic Debt Optimisation (DDO) and its Impact on Stakeholders by Institute of Certified Management Accountants of Sri Lanka

//www.youtube.com/watch?v=ghsDJKxtjXA

CMA CPD Webinar - Domestic Debt Optimisation (DDO) and its Impact on Stakeholders The Institute of Certified Management Accountants (CMA) of Sri Lanka was incorporated in April 2009 as the National Professional Management Accounting Instit...

Demystifying Domestic Debit Restructuring – Association of Professional Bankers - Sri Lanka

Demystifying Domestic Debit Restructuring – Association of Professional Bankers Sri Lanka Evening seminar organized by the CPDC of APBSL on 24th May 2023

Insightful explanation on the Domestic Debt Restructuring/ Optimising process by CAL

Unravelling The Debt Puzzle | Domestic Debt Restructure in Sri Lanka Explained | CAL Sri Lanka The Debt Restructuring proposal has obtained approval from the Cabinet on the 28th of JuneWhat exactly does this proposal entail?What are the next steps in t...

Wishing everyone a Happy New Year!
Have an awesome 2023!

Wishing everyone a Merry Christmas 🎄

"Colombo District Court ordered Rs. 30 million compensation in landmark medical negligence judgement"

https://www.themorning.lk/child-wins-rs-30-mn-in-landmark-medical-negligence-judgement/

Child wins Rs. 30 mn in landmark medical negligence judgement - The Morning - Sri Lanka News Colombo District Court rules against Gampaha docs and nurses Child suffered permanent disability following natural delivery at Gampaha District General Hospital   BY Buddhika Samaraweera   The Colombo District Court yesterday (29) ordered a team of doctors and nurses of the District General Hospit...

Workshop on "Personal Data Protection" organised by The Ceylon Chamber of Commerce

https://event.chamber.lk/Details/Event/209

"Certificate Course in ICT Law" hosted by the Bar Association of Sri Lanka.

Registration is now open
Click the link to register:
https://lnkd.in/gHseWGd7

"Certificate Course in Constitutional Law" hosted by the Bar Association of Sri Lanka

Registration is now open.

Click the link to register:
https://lnkd.in/gqVxhCTW

Law Relating to Presidential Pardon
(3rd BASL Webinar 2022)

3rd BASL Webinar 2022 - Law Relating to Presidential Pardon

"The New Recession Playbook"
How the best businesses are planning for the coming downturn.
By Jason Heinrich, Simon Henderson, and Melissa Lee

Gregory's Partners Attorney’s at Law & Notaries Public on LinkedIn: The New Recession Playbook "The New Recession Playbook" How the best businesses are planning for the coming downturn. By Jason Heinrich, Simon Henderson, and Melissa Lee ...

How Do You Build Effective Public-Private Partnerships?
by Isabel Marques de Sá
Chief Investment Officer for Public-Private Partnerships, International Finance Corporation, World Bank Group



https://insights.som.yale.edu/insights/how-do-you-build-effective-public-private-partnerships

How Do You Build Effective Public-Private Partnerships? The World Bank’s Isabel Marques de Sá explains how these enormously complex contracts can be tools for innovation and capacity building.

2022 Interim Budget Proposals as summarised by KPMG Sri Lanka



https://www.linkedin.com/posts/kpmg-sri-lanka_2022-interim-budget-tax-proposals-activity-6970402983389892608-tqrc?utm_source=share&utm_medium=member_desktop

KPMG Sri Lanka on LinkedIn: 2022 Interim Budget - Tax Proposals The KPMG Tax Team takes great pleasure in sharing their report - “2022 Interim Budget - Tax Proposals” which includes important insights of the Government...

"How divorce laws compel couples to remain in unhappy marriages" by Zeenath Zakir



https://www.dailymirror.lk/recomended-news/How-divorce-laws-compel-couples-to-remain-in-unhappy-marriages/277-243585

How divorce laws compel couples to remain in unhappy marriages - Recomended News | Daily Mirror Marriage is a beautiful union between two individuals that unite two families. The failure of such a bond is a result of incompatibility. Marriages.... ..

Webinar "An Overview on Sri Lanka Treasury Bills & Bonds"

https://www.linkedin.com/feed/update/urn:li:activity:6968419467844341761

Gregory's Partners Attorney’s at Law & Notaries Public on LinkedIn: The Ceylon National Chamber Of Industries Webinar "An Overview on Sri Lanka Treasury Bills & Bonds" https://lnkd.in/gTuj-_7H ...

"Effective Money Market and Capital Market Strategies"

https://www.linkedin.com/posts/institute-of-chartered-accountants-of-sri-lanka_lka-srilanka-casrilanka-activity-6968899305558474752-Zz32?utm_source=share&utm_medium=member_desktop

Institute of Chartered Accountants of Sri Lanka on LinkedIn: #LKA #SriLanka #CASriLanka Register now for the "Effective Money Market and Capital Market Strategies" seminar on 1st September 2022 from 3.00 pm to 4.30 pm Registration link: ...

Apply now!

Junior Lawyer Vacancy Gregory's Partners

Email your CV to [email protected]

INVITATION TO THE 4TH WEBINAR OF THE BASL WEBINAR SERIES 2022 ON “PROPOSED AMENDMENTS TO THE NOTARIES ORDINANCE”

Registration is Free and it is as simple as clicking the tab – “[https://us02web.zoom.us/webinar/register/WN_5GIWKulfRMKJu1FwZvTDQg](https://us02web.zoom.us/webinar/register/WN_5GIWKulfRMKJu1FwZvTDQg)”.



www.gregoryspartners.com

Stamp Duty calculation on Transfer Deeds is 03% for the first LKR 100,000/- and 04% on the balance.

Eg: Property Stamp Duty Valuation is LKR 50,000,000/-
03% for the first LKR 100,000 is LKR 3,000/-
04% for the balance LKR 49,900,000/- is LKR 1,996,000/-
Stamp Duty Payable is LKR 1,999,000/-

An "Opinion on Stamp Duty Valuation" can be obtained by the Provincial Inland Revenue.

The Stamp Duty on Lease Agreements in Sri Lanka is 01% of lease consideration.



www.gregoryspartners.com

Vacancy for the post of Attorney-at-Law.
Forward your CV to [email protected]

Ayubowan 2022!