Sivayanamaand Another v. People’S Bank And Others – sllr 2006 volume 2 page 029

In Sivayanama and Another v. People’s Bank and Others, the court addressed whether a decision vesting property in the Bank under the Finance Act constitutes a final, conclusive determination not subject to judicial review, and whether an appeal challenging such a finality clause was properly lodged. It was held that the District Judge’s order—issuing a ruling based on the finality clause—was final and conclusive, thereby precluding further judicial challenge to the vesting order. Key legal reasoning emphasized the statutory interpretation of the Finance Act’s finality provisions and the Interpretation Ordinance, with reliance on precedents including Siriwardena v. Air Ceylon Ltd, Ranasinghe v. Ceylon State Mortgage Bank, and White v. Brunton. The decision reaffirmed that when the legislatu