People’s Bank vs AshiqCader Mohamed Lafir – CA PHC 91/2008-2020

In the case between People’s Bank, Colombo (Appellant) and Ashiq Cader Mohamed Lafir, Muhammed Rozan Jifry, and others (Respondents), the court addressed the recoverability of sums due under three trust receipts issued by the Appellant to Perfect Fit International Private Ltd. The central issues were whether criminal prosecutions could be maintained under the Trust Receipts Ordinance for alleged breaches arising from nonpayment, and whether the propriety of invoking the High Court’s revisionary jurisdiction was established in the presence of an available appeal route. The Appellant’s action was dismissed by the Magistrate’s Court on the ground that no criminal breach under the Ordinance was demonstrated. A subsequent revision application to the Provincial High Court was also dismissed, emp