Lanka Orix Leasing Company Ltd vs. Weeratunge – sllr 2019 volume 1 page 528

In the case between Lanka Orix Leasing Company Ltd (Plaintiff) and Weeratunge (Defendant), the court addressed whether an arbitral award, enforcing a stipulated settlement in a finance leasing dispute, could be set aside by the High Court on grounds of public policy. It was held that in the absence of a timely application to set aside the arbitral award under section 32 of the Arbitration Act, No. 11 of 1995, the High Court was required, under section 31(6), to enforce the award by filing and judgment in terms. The findings established that the High Court exceeded its jurisdiction in entertaining objections on public policy without a properly filed application and relied on erroneous statutory provisions. The appeal was allowed, reaffirming that strict compliance with statutory procedure i