Replies to post #129724 on DD Support Board and Research Team

[Arthur]

Janice, as far as I know Sri Lanka is a lush country with lots of rainfall.

There's little point building a windmill when a well would do as well.

[scion]

COMMERCIAL BANK OF CEYLON PLC
Resolution adopted by the Board of Directors of
Commercial Bank of Ceylon PLC (Registration No. PQ
116) under Section 4 of the Recovery of Loans by Banks
(Special Provisions) Act No. 4 of 1990.
Account No. 6015670
Loan Account Nos. 6133, 21594, 22953 & 24287

PANAMBARA ARATCHILAGE RANIL SOMAWEERA
SOLE PROPRIETOR OF
SPEEDWAY METAL INDUSTRIES and
BIG APPLE HOLDINGS

At a meeting held on 18th June 2010, the Board of
Directors of Commercial Bank of Ceylon PLC resolved
specially and unanimously as follows:-
WHEREAS PANAMBARA ARATCHILAGE RANIL
SOMAWEERA carrying on business as the Sole
Proprietor under the name and style of SPEEDWAY
METAL INDUSTRIES as the Obligor has made default
in the payment due on Bond Nos. 367 dated 8th
September 1989, 475 dated 25th January 1991 and
1348 dated 31st March 1994 all attested by R. K.
Jayawardena, Notary Public of Colombo in favour of
Commercial Bank of Ceylon Limited now known as
Commercial Bank of Ceylon PLC (the lands morefully
described in the First and Second Schedules hereto).
“WHEREAS PANAMBARA ARATCHILAGE RANIL
SOMAWEERA carrying on business as the Sole
Proprietor under the name and style of BIG APPLE
HOLDINGS as the Obligor has made default in the
payment due on Bond No. 466 dated 22nd March 1996
attested by L. R. Witharana, Notary Public of Colombo
in favour of Commercial Bank of Ceylon Limited now
known as Commercial Bank of Ceylon PLC (the land
morefully described in the Second Schedule hereto) and
there is now due and owing to the Commercial Bank of
Ceylon PLC as at 15th January 2010 a sum of RUPEES
THIRTY SEVEN MILLION SIX HUNDRED AND NINETY
SIX THOUSAND TWO HUNDRED AND FIFTY THREE
(Rs. 37,696,253/-) on the said Bonds and the Board of
Directors of Commercial Bank of Ceylon PLC under the
powers vested by Recovery of Loans by Banks (Special
Provisions) Act No. 4 of 1990 do hereby resolve that
the property and premises morefully described in the
Schedules hereto and mortgaged to the Commercial
Bank of Ceylon PLC by the said Bond Nos. 367, 475,
1348 and 466 be sold by Public Auction by Mr. L. B.
Senanayake, Licensed Auctioneer of No. 99, Hulftsdorp
Street, Colombo 12 for the recovery of the said sum of
Rupees Thirty Seven Million Six Hundred And Ninety
Six Thousand Two Hundred And Fifty Three (Rs.
37,696,253/-) with further interest on a sum of Rs.
7,401,265/- at 22% per annum from 16th January 2010
to date of sale together with costs of Advertising and
any other charges incurred less payments (if any) since
received”.
THE FIRST SCHEDULE ABOVE REFERRED TO
All that divided allotment of land marked Lot 144A on
the Survey Plan bearing No. 1967 hereinafter referred
to called Kandawala Estate together with the trees,
plantations and everything else standing thereon
bearing assessment No. 20A, 4th Cross Lane, Hindu
College square off Borupana Road at Ratmalana in the
Palle Pattu of Salpiti Korale in the District of Colombo
Western Province and which said allotment of land
marked Lot 144A is bounded on the North by Lot 146
on the aforesaid plan bearing No. 33 on the East by Lot
145 on the aforesaid plan bearing No. 33, on the South
by Lot 144B on the aforesaid Survey Plan Bearing No.
1967 on the West by Lot 139 on the aforesaid Survey
Plan No. 33 which was private Road and is now called
4th Cross Lane, Hindu College Square which is now a
road maintained by the Dehiwela-Mount Lavinia
Municipal Council containing in extent Twenty Perches
(A0-R0-P20) as per the Survey Plan No. 1967 dated
7th April 1976 made by K.K. Thirunavukarasu Licensed
Surveyor and Registered under Volume/Folio M 1205/
46 at the Delkanda-Nugegoda Land Registry.
THE SECOND SCHEDULE ABOVE REFERRED TO
All that divided and defined allotment of land marked
Lot 3 in Survey Plan No. 175 dated 15th November 1957
made by W. R. B. Silva Licensed Surveyor (erroneously
described as Lot B3 in a copy of this same Plan) of the
land called Delgahawatta Madanagahawatta alias
Ambagahawatta with the buildings constructed and
everything standing thereon bearing Assessment No. 7
off Waidya Road, situated at Kalubowila West within
the Municipal Council Limits of Dehiwela-Mount Lavinia
in the Palle Pattu of Salpiti Korale in the District of
Colombo Western Province and which said Lot 3 is
bounded on the North by Lot 4 (erroneously described
as Lot B4 in a copy of the said Plan No. 175) of the
same land on the East by Reservation for road 20 feet
wide on the South by Lot 2 (erroneously described as
Lot B2 in a copy of the said Plan No. 175) of the same
land and on the West by Lot 9 (erroneously described
as Lot B9 in a copy of the said Plan No. 175) and
property of H. J. Jayawardena and containing in extent
Twenty Perches (A0-R0-P20) according to the said Plan
No. 175 together with the full and free right liberty leave
and license of way and passage for both foot and
vehicular traffic in along and over the reservation for a
road Twenty Feet wide depicted in the said Plan No.
175 and Registered under Volume/Folio M 808/138 at
the Delkanda-Nugegoda Land Registry.
MRS. R. R. DUNUWILLE
COMPANY SECRETARY

http://pdfs.island.lk/2010/11/24/p13.pdf

Boom and Bust - The Island
pdfs.island.lk/2010/11/24/p13.pdf
24 Nov 2010 - incorporated in the Democratic Socialist Republic of Sri Lanka under the. Companies Act No. 17 of 1982 .... 1,676,148/33) of lawful money of Sri Lanka being the total amount outstanding on the said Bonds and the Board of ... PANAMBARA ARATCHILAGE RANIL SOMAWEERA. SOLE PROPRIETOR OF.