LTTE infighting in Australia leads to the crackdown
Several fund raising opportunities in England
where millions of dollars could have been raised has been lost due
to inadequate handling. TRO’s international exhibitions organised by
Chandru Pararajasingham spending millions of rupees on advertising
and promotional companies have been shelved in summer. According to
TRO’s own public statements to the Sri Lanka media a new
organisation has been created with the “sister organisations” called
ITRO.
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Applicability of the Companies Act to the existing companies
An existing company which is a private company,
will continue under the new Act as a private company to which Part
II of the new Act applies. An existing company which is an offshore
company, will continue under the new Act as an offshore company to
which Part XI of the new Act applies
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