FINANCIAL CHRONICLE – Bimputh Lanka Investments PLC, a financially troubled firm in Sri Lanka, has announced that its liquidator, appointed by the court, is seeking statements of affairs from the company’s directors and has submitted an initial report regarding the liquidation process. This development occurs while the company continues to contest a winding-up order in the Supreme Court.

The Commercial High Court of the Western Province in Colombo had previously issued a winding-up order for the company, referencing Section 270(e) in conjunction with Section 271 of the Companies Act No. 07 of 2007. This order is associated with High Court Case No. CHC/41/2024/CO.

In response, Bimputh Lanka has filed an application to the Supreme Court for permission to appeal, under application SC/HCLA No. 12/2025. The company stated, “The case is still active in the Supreme Court, and we will provide updates to the market once a decision is reached.”

Meanwhile, the liquidation process is progressing according to legal protocols. G K Sudath Kumar was designated as the company’s Liquidator on June 26. The company further reported, “The Liquidator has requested Statements of Affairs from the directors and has submitted a preliminary report on the liquidation process.”

Bimputh Lanka Investments indicated that they will issue further announcements as significant developments arise in this ongoing situation. (Colombo/Sep29/2026)