Notice issued on Golden Key

Returnable May 25:

Sarath MALALASEKERA

The Western Province High Court Judge Gamini Amarasekera issued notice on Golden Key Credit Card Company and eleven others including the Registrar General of Companies, returnable on May 25.

The petitioner Bastian Koralalage Denzil Anthony Chrisantha Rodrigo Weerasinghe Goonewardena of Villa Victoria, Uswetakeiyawa cited Golden Key Credit Card Company Limited of Hyde Park Corner, Colombo 2 and eleven others as respondents. The Court also issued restraining orders directing the Registrar of Companies to appoint one or more competent inspectors to investigate the affairs of the Company and to take appropriate steps vis-a-vis on the criminal liabilities on the parties concerned and to appoint a liquidator for the Company. The Court also issued an interim order restraining the respondents from directly or indirectly transferring or alienating or mortgaging or pledging or in any other manner disposing any assets of the Company without the express permission of the Court until the hearing and final determination of the application before Court.

President's Counsel Dr. Harsha Cabral with Kushan Illangatileke instructed by Sinnadurai Sundaralingam and Balendra appeared for the petitioner.