Finance companies have no legal rights to seize vehicles

Sarath Malalasekera

Nugegoda Magistrate Wasantha Jinadasa directed the Mirihana Special Crime Division to conduct investigations into a complaint made by N.M.C. Amarasekera of Maharagama and produce the suspects, who were involved in an attack on Amarasekera, removing his gold jewellery and his Benz car valued at over Rs. 2 million before court.

Earlier, the Maharagama Police filing a 'B' report before the Nugegoda Magistrate stated that several persons unlawfully entered the house of Amarasekera and had broken open the door attacked Amarasekera with a firearm and removed his gold chain and his Benz car bearing number W.P.H.E. 7676.

The Finance Companies have no legal rights to seize vehicles which had not paid their instalments, in an unlawful manner.

On an application by the Finance Company the Magistrate released the vehicle in question to the Finance company on a bond of Rs.200,000 and directed them to assist in the investigations conduct by the Mirihana Special Crime Division.

The Magistrate said that the vehicle should be produced before the Mirihana Special Crime Division as an when required by the investigators.