Seylan Bank PLC vs. Commissioner General of Labour – CA WRIT 242/19-2024

In Seylan Bank PLC v. Commissioner General of Labour and Aminudeen Abdul Hafeel, the court addressed the issue of the contractual retirement age for the Petitioner Bank’s employees and the validity of unilaterally issued Circular X3, which reverted the retirement age to 55 years despite prior extension to 58 years via Circular X2. It was held that the unilateral issuance of Circular X3 was not in breach of the existing contractual framework and did not require further employee or union consent under the circumstances presented. The principle reaffirmed is that unilateral revision of contractual terms by an employer may stand valid when the original terms reserve such authority and statutory requirements are met. The findings established reliance on the interpretation of the Termination of