• Government owned Ceylon Fertiliser Company Limited of Hunupitiya, Wattala had obtained an enjoining order preventing the payment through the People’s Bank to Qingdao Seawin Biotech Group Co., Ltd

By T. Farook Thajudeen   

The Commercial High Court yesterday further extended the enjoining order issued to the People’s Bank and local shipping company until November 19 preventing the payment of Letters of Credit to the local agent who imported organic fertilizer from Qingdao Seawin Biotech Group Co., Ltd.   

 The Colombo Commercial High Court Judge yesterday further extended the injunction until the 19th of November and directed the defendants to file their objections on or before the next date.   

Government owned Ceylon Fertiliser Company Limited of Hunupitiya, Wattala had obtained an enjoining order preventing the payment through the People’s Bank to Qingdao Seawin Biotech Group Co., Ltd for a load of fertilizer imported after the laboratory tests conducted on the fertiliser proved the presence of pathogen in fertiliser samples.   

Additional Solicitor General Susantha Balapatabendi, appearing for the Ceylon Fertilizer Company, stated in Court that although the Chinese company wanted to ship organic fertiliser to Sri Lanka under the agreement, the company had acknowledged that the consignment may contain micro-organisms.   

The enjoining order restrained the People’s Bank from making any payments under a Letter of Credit opened on behalf of Qingdao Seawin Biotech Group Co., Ltd. of China and its local agent from receiving any payments. 

• The Colombo Commercial High Court Judge yesterday further extended the injunction until the 19th of November and directed the defendants to file their objections