The Companies Act 2007 outlines the DUTIES OF DIRECTORS in a Company (a) to act in good faith and in the best interests of the Company. (Section 187).(b) to comply with the Act and the Company’s articles of association. (Section 188).(c) not to actin a manner which is reckless or grossly negligent but to exercise …
Intellectual Property Act No 36 of 2003 brought about changes to the Sri Lankan copyright legislation Intellectual Property Act No 36 of 2003 brought about changes to the Sri Lankan copyright legislation. Under the act, a copyright lasts for the lifetime of the author plus 70 years from the date of the author’s death further …
Impact of Covid 19- for Industrial Relations in Sri Lanka Are contracts between employers and employees suspended or not? One instance is the possibility of a contract between the two parties being temporarily suspended. It would however depend on the nature of the Industry. The reasons relating to the COVID-19 situation are beyond both parties’ …
