K.A.T. Kumara and others vs Atapattu Mudiyanselage Dammika Kumara and others – CA (Writ) 0336/2022-2025

In the matter between petitioners (representing defrauded depositors) and Atapattu Mudiyanselage Dammika Kumara and Eyon Lanka Investment and Film Production International Company (Pvt) Ltd (1st and 2nd respondents), the court addressed the petitioners’ application for Writs of Certiorari and Mandamus. The petitioners sought to quash the Central Bank’s decision not to act on repayment of deposit liabilities and to direct the Central Bank and police to formulate a repayment plan using undisclosed assets. The Central Bank argued it had no statutory duty to formulate repayment plans for unauthorized entities, that the Court of Appeal lacked jurisdiction, and that the petitioners’ engagement in a high-risk illegal scheme disentitled them to discretionary remedies. The court found the requested