IN THE SUPREME COURT OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA DFCC Bank PLC, No. 73/5, Galle Road, Colombo 03.

1st Defendant-Appellant SC APPEAL NO: SC/APPEAL/144/2022 SC LA NO: SC/HC/LA/45/2020 Vs.

CHC CASE NO: HC/484/2018/MR Laththuwa Handi Harindu Dharshana, No. 35, Kandy Road, Kiribathgoda, Kelaniya.

Plaintiff-Respondent Schokman &

Samerawickreme, No. 290, Havelock Road, Colombo 05.

2nd Defendant-Respondent Before: Hon. Justice Vijith K. Malalgoda, P.C.

Hon. Justice Janak De Silva Hon. Justice Mahinda Samayawardhena Counsel: N.R. Sivendran with Upendra Kalehewatta for the 1st Defendant-Appellant.

Mokshini Jayamanne for the Plaintiff-Respondent.

Argued on: 08.06.2023 Written Submissions:

By the 1st Defendant-Appellant on 13.01.2023 By the Plaintiff-Respondent on 05.06.2023 and 04.07.2023 Decided on: 27.02.2024 Samayawardhena, J.

The plaintiff filed this action in the Commercial High Court against the 1st defendant bank and the 2nd defendant auctioneer seeking a declaration that the resolution passed by the board of directors of the bank on 27.03.2018 in terms of section 4 of the Recovery of Loans by Banks (Special Provisions) Act, No. 4 of 1990, as amended, is a nullity. By this