Introduction Inheritance is one of the most sensitive and significant aspects of family life. It determines how a lifetime of hard work, sacrifice, and faith-based responsibility is passed on to the next generation. For Sri Lankan Muslims, inheritance is not merely a legal or financial matter; it is a religious obligation governed by divine law. […]
Introduction For high net worth individuals, wealth creation is only one part of financial success. Preserving that wealth across generations, protecting it from unnecessary erosion, and ensuring it is structured efficiently are equally important. In Sri Lanka, where tax laws, exchange control regulations, and economic conditions continue to evolve, effective tax planning for high net
Introduction The structure of shareholding and voting power is one of the most important foundations of corporate governance. It determines who controls a company, how strategic decisions are made, and how the interests of founders, investors, and the public are balanced. In recent years, the concept of dual class shares has attracted growing attention in
Introduction Every parent hopes to leave their children not only memories and values, but also financial security. Inheritance is often the result of a lifetime of hard work, discipline, and sacrifice. Yet, without careful planning, much of that wealth can be lost to legal disputes, poor financial decisions, creditors, divorce, taxes, or mismanagement. Learning how
Introduction A family business is built on trust, shared history, and emotional bonds. When siblings work together in such a business, these strengths can become powerful competitive advantages. Deep loyalty, long-term commitment, and a shared vision often allow family enterprises to grow across generations. Yet, the same emotional closeness can also create intense conflict. Rivalry,
Introduction For entrepreneurs and business owners, a company is often more than just a source of income. It represents years of effort, personal sacrifice, financial risk, and long-term vision. Yet, when a marriage breaks down, that business can suddenly become one of the most contested assets in divorce proceedings. In many jurisdictions, a spouse may
How to Protect a Business from Divorce Claims Read More »
Introduction Taking a company public is one of the most significant milestones in its corporate life. An Initial Public Offering (IPO) is not merely a fundraising exercise; it is a transformation from a privately controlled business into a publicly owned institution subject to market discipline, regulatory oversight, and shareholder scrutiny. For Sri Lankan companies, an
How to Prepare for an IPO in Sri Lanka: A Complete Strategic, Legal, and Financial Guide Read More »
Introduction Debt and financial obligations are part of modern life. Individuals borrow to buy homes, start businesses, fund education, or manage emergencies. While most debts are repaid as agreed, situations sometimes arise where borrowers default. When this happens, creditors naturally seek ways to recover what they are owed. This leads to a critical and often
Can Creditors Seize Personal Property in Sri Lanka? A Complete Legal and Practical Guide Read More »
Introduction In an increasingly complex legal and commercial environment, the risk of lawsuits has become a reality for business owners, professionals, property investors, and even ordinary individuals in Sri Lanka. Disputes arising from business contracts, professional negligence, employment issues, family conflicts, loan guarantees, and property transactions can all lead to litigation. When a lawsuit succeeds,
Introduction Global real estate has become an increasingly attractive investment avenue for individuals seeking diversification, capital growth, lifestyle benefits, and income in foreign currencies. For Sri Lankans, the question often arises: Can Sri Lankans invest in overseas property legally and practically? With fluctuating local economic conditions, currency depreciation, and evolving exchange control regulations, overseas property
