Liyanawaduge Susantha Priyalal Dharmasiri vs Seylan Bank Limited – SC/APPEAL/54/2021-2025

In the case between Seylan Bank Limited / Seylan Bank PLC (appellants/respondent-appellants) and Liyanawaduge Susantha Priyalal Dharmasiri with Sri Lak Motor Traders (defendants), the court addressed the issue of whether the bank could recover dues related to account no. 670 through parate execution and apply the same recovery to account no. 53670. The core questions involved the maintainability of the District Court’s action against the bank, the sufficiency of trial evidence (both documentary and oral), and the evidentiary status of documents concerning the auction of mortgaged property and the allocation of auction proceeds to specific accounts. It was held that the appellant bank had failed to establish its case regarding the alleged application of auction proceeds and that the finding

REF: SC/APPEAL/54/2021-2025 Category: Tag:
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