The court order prohibiting payment for Chinese fertilizer stocks has been extended
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NOV
19

The court order prohibiting payment for Chinese fertilizer stocks has been extended

The court order prohibiting payment for Chinese fertilizer stocks has been extended

The Colombo Commercial High Court today (Nov. 19) extended the interim order issued against the Chinese company that shipped fertilizer containing harmful bacteria to Sri Lanka, its local agent and the People’s Bank.

 

The National Plant Quarantine Services (NPQS), which tested the sample sent to them, had confirmed the presence of organisms, including certain types of harmful bacteria, the Additional Solicitor General had said, adding that, in this context, the Chinese firm in question has failed to complete the accepted terms of the tender.

 

Later, the CFC secured two enjoining orders from the Colombo Commercial High Court against the Seawin Biotech, its local agent and the state-run People’s Bank, preventing the payment to the Chinese firm on Letter of Credit.

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