The Court of Appeal has intervened in the divestiture process of Lanka Hospitals Corporation PLC, issuing an interim order that suspends any further proceedings until March 12.
This order comes in response to a writ petition filed by Lyca Leasing Holding Limited and HAIMS International Limited. The petition challenges the rejection of their application for prequalification in the Request for Qualification (RFQ) related to the strategic divestiture of 51.34% of Lanka Hospitals Corporation PLC.
Following oral submissions by President’s Counsel Kuvera De Zoysa, Court of Appeal Justice D.N. Samarakoon issued notices to the respondents, with a return date set for March 12.
The Court has directed the Registrar to promptly serve notice to the respondents through conventional means. Additionally, if the petitioners cover the costs, communication via telephone and fax is mandated.
Respondents in the petition include Minister of Finance Ranil Wickremesinghe, State Minister of Finance Shehan Semasinghe, and members of the special Cabinet-appointed negotiating committee responsible for selecting pre-qualified bidders for the divestiture of 51.34% shares of Lanka Hospitals PLC, among others.
The legal team representing the petitioners comprises Kuvera De Zoysa, PC, along with Raslka Dissanayake, Sajana de Zoysa, Dinusha Pathirana, and Shablr Huzalr, instructed by Sanath Wijewardane.
