WTL Automobiles (Private) Limited & Indika Sampath Merenchige vs. Nations Trust Bank PLC & Others – CA WRIT NO.0098/2023-2023

In the case between WTL Automobiles (Private) Limited and Indika Sampath Merenchige (Plaintiffs) and Nations Trust Bank PLC (Defendant), the court addressed the issue of whether writ jurisdiction could be invoked against the bank’s board resolution concerning the contractual loan relationship governed by offer letters, mortgage bonds, and related legal instruments. It was held that the petitioners failed to establish grounds for judicial review, as the evidence demonstrated that the contested actions by the bank were carried out strictly according to the terms mutually agreed upon within the contractual framework. The holding reaffirmed the principle that parties bound by clear contractual documentation and lawful statutory procedures under the Recovery of Loans by Banks (Special Provision