Free Lanka Trading Company Ltd. v. Bank of Ceylon – sllr 1996 volume 1 page 231

In Free Lanka Trading Company Ltd. v. Bank of Ceylon, the court addressed entitlement to injunctive relief concerning payments under a Performance Bond arising from contractual arrangements between the plaintiff, Free Lanka Trading Company Ltd., and the defendant, Bank of Ceylon, with reference to additional parties such as Ceylon Electricity Board and FLAPEC (Private) Ltd. It was held that the plaintiff was not entitled to an enjoining order or its extension, as the plaint did not establish substantive contractual rights under the contract (P1) or the Performance Bond (P2). The principle was reaffirmed that injunctive relief may not be granted absent a clear contractual entitlement or an imminently threatened violation thereof. Precedent, including Richard Perera v. Albert Perera, was rel

REF: sllr 1996 volume 1 page 231 Category: Tag:
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