Access details of Debt Conciliation (Amendment) Act, No. 29 Of 1999 . Get access to the full amendment history, summary, English, Sinhala, Tamil PDFs and the consolidated act (if applicable)
Summary of Debt Conciliation (Amendment) Act, No. 29 Of 1999
The Debt Conciliation (Amendment) Act of 1999 modifies the existing Debt Conciliation Ordinance to enhance the framework for addressing debt-related disputes in Sri Lanka. Key amendments include the introduction of a time limit for applications concerning debts secured by mortgages, stipulating that such applications must be made within three years of the notarially executed instrument. However, provisions allow for exceptions if the debtor is in possession of the transferred property. Further ...
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Debt Conciliation (Amendment) Act, No. 29 Of 1999. English, Sinhala and Tamil PDFs.
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