Sri Lanka, Dec. 26 -- In this judgment by Chandra Ekanayake, J., the Court addressed an appeal (Sri Lanka Co-operative Marketing Federation Ltd. Vs. Ambewela Livestock Co. Ltd. - SC CHC - APPEAL NO. 54/2007-2014) by the defendant-appellant (Markfed) against a Commercial High Court decision favouring the plaintiff-respondent (Ambewela Livestock Company Limited). The core of the dispute involved a claim for Rs. 4,694,000/- arising from the supply of 100 Metric Tons of potato seedlings in 1993.

A preliminary issue was whether the plaintiff company had the legal standing to sue for a debt originally owed to the National Livestock Development Board (NLDB). The Court noted that the plaintiff was incorporated in 1999 to succeed the business of ...