With the world we operate in becoming more challenging and complex, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), together with the Business Recovery and Insolvency Practitioners’ Association of Sri Lanka (BRIPASL) and Registrar of Companies has organised an awareness session on restructuring and revival of companies.
The session will be held on Thursday, December 1, 2016, at CA Sri Lanka, Colombo 7.
Amidst new developments in reforms in bankruptcy laws and practices, emergence of diverse methods of handling and managing corporate turnarounds receiving worldwide attention, Sri Lanka too has been witnessing developments in these areas. In Sri Lanka, the proposed Amendments to the companies Act No 07 of 2007 (corporate legal reforms in corporate bankruptcy laws) draws attention to corporate insolvency aspects.
Therefore, the seminar aims to help the professional community and the public have a better understanding in this vital area. An eminent panel of resource personnel comprising of President’s Counsels Dr. Harsha Cabral and K. Kanag-Isvaran, Advisory Commission on Company Law Chairman Dr. Arittha Wikramanayake, BRIPASL Secretary and Neelakandan & Neelakandan Precedent Partner Kandiah Neelakandan and SJMS Associates Partner Gerard J. David will contribute in this programme as part of the resource panel. World Bank Growth and Competitiveness Sri Lanka and Maldives Programme Leader Emanuel Salinas will be the chief guest.