Ms. Daisy Pieris Vs. H.A. Pieris and others – CALA/69/2006-2006

In the case between Ms. Daisy Pieris (Contributory Petitioner-Petitioner) and H.A. Pieris, Gamini Pieris (Contributory-Respondents), with Ram Brothers (Pvt.) Limited (Intervenient-Petitioner-Respondent), the court addressed the validity of the sale of the primary asset of Imperial Medical Stores Limited by court-appointed liquidators and the permissibility of raising new allegations of misconduct for the first time on appeal. It was held that the sale by the liquidators, conducted with court approval and without objections at any material stage by the petitioner, was valid and in compliance with the Companies Act and procedural requirements. The principle was reaffirmed that new grounds, especially those involving mixed questions of law and fact, cannot be introduced for the first time in