Kanangara Koralage Dona Anurushhika vs Bank of Ceylon – SC APPEAL NO 133/12-2024

In the case between Kanangara Koralage Dona Anurushhika and Kanangara Koralage Don Lessly Kanangara (as appellants) and the Bank of Ceylon (as respondent), the court addressed the issue of whether a detailed newspaper advertisement by the respondent bank constituted a legally binding offer or merely an invitation to treat under contract law. It was determined that the advertisement, specifying deposit amounts, methods, and payout terms, qualified as a unilateral offer capable of acceptance. Upon acceptance through deposit by the appellants, a binding contract had been formed. The Supreme Court set aside the Civil Appellate High Court’s decision, reinstating the District Court’s award of Rs. 351,519 to the appellants. The judgment reaffirmed the principle that clear, definite terms in adver