People’s Merchant PLC & PMB Financial Services (Private) Limited vs. ABC Credit Card Company Limited, Navigation Maritime Colombo (Private) Limited, and Tholkamudiyanselage John Shiran Indranath Dissanayake – SC APPEAL 80/2015-2023

In the case between People’s Merchant PLC and PMB Financial Services (Private) Limited (as Plaintiffs) and ABC Credit Card Company Limited, Navigation Maritime Colombo (Private) Limited, and Tholkamudiyanselage John Shiran Indranath Dissanayake (as Defendants), the court addressed whether the cause of action arose from a commercial transaction, thereby conferring jurisdiction on the Commercial High Court under the High Court of the Provinces (Special Provisions) Act No. 10 of 1996. It was determined that the misrepresentations and breaches of warranty alleged by the plaintiffs were integral to the commercial transaction, substantiating the jurisdiction of the Commercial High Court. The appeal was dismissed, reaffirming the principle that disputes arising out of misrepresentation and breach