Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Sunday, 6 September 2015
Seagull directors indicted in HC for breach of trust
The Directors of Seagull Property Developers (Pvt) Ltd, a company which builds condominium properties for sale, have been indicted in the High Court of Colombo for breach of trust.
The case was called up this week before High Court Judge Lalith Jayasuriya. The indictment has been served by the Attorney General’s Department under Section 403 of the Penal Code for “cheating and dishonestly inducting a delivery of a property”.