Blog

Non Compete clause in Master Supply Agreement not be valid post-termination of the agreement – Bombay High Court

Though a non-compete clause can operate validly during the term of the agreement, but it would not be valid post-termination of the agreement as it would result in restraint of trade prohibited by Section 27 of the Indian Contract Act, 1872.

Copy of judgement attached

Women Entrepreneur Awards – 2024

I wish to inform you that the Women’s Chamber of Industry and Commerce (WCIC), the premier National Chamber for Women is pleased to announce the launch of its flagship property, “The Women Entrepreneurs Awards 2024“ to recognize and reward the outstanding women entrepreneurs.

The Award consist of a special category for the entrepreneurs from the SAARC region which gives opportunity for Women Entrepreneurs of these countries to be a part of this prestigious programme.

The eligibility criteria are as follows;

· 51% Ownership by a SAARC Region Woman

· 100% Women Owned Business with one third(1/3) or more held by a SAARC Region Woman

· One third (1/3) or more ownership by a SAARC Region Woman with significant management involvement – Chairperson/Director/CEO/MD

· Conforming to the above any-national with duly registered well establishes business operating over 5 years is eligible

WCIC will bear the following costs for the overall SAARC Winner to attend the Awards Ceremony to be held in Colombo in January 2024.

· One economy class airfare

· 2 nights stay/ double room on BB basis at a Five Star Hotel

· Airport pick up and drop off

· 2 Tickets to the event

Attached herewith an entry kit with the application form for the above awards.

Appreciate, if you could kindly make necessary arrangements to disseminate the above information among the members of your esteemed Institution and submit the applications of any interested members through your chamber prior to the closing date of 31st October 2024.

Please contact below for further information;

1. Ms. Shirani Ariyaratne, Actg. Consul General – +91 9819715576 (WhatsApp), email id – slcg.mumbai@mfa.gov.lk

2. Ms. Chitranjali Dissanayake, CEO, WCIC – +94 718071163, email id – wcicsrilanka@gmail.com/ wcicsl1@sltnet.lk.

Your cooperation in this regard is highly appreciated.

Thank you.

With warm regards,

Shirani Ariyarathne

Actg. Consul General

Minister (Commercial)

Consulate General of Sri Lanka

34, Homi Mody Street, Fort

Mumbai 400001

Tel: (+ 91 22 )22045861/22048303

Fax: (+ 91 22) 22876132

E -mail: slcg.mumbai@mfa.gov.lk

2nd International Symposium on Drug Related Studies – 2024

I wish to inform you that “2nd International Symposium on Drug Related Studies – 2024”, will be held in December 2024 in Colombo, Sri Lanka. The event is organized by the National Dangerous Drugs Control Board in Sri Lanka in partnership with Japan International Cooperation Agency (JICA).

The Symposium aims to bring together experts and stakeholders to discuss evidence-based research, innovative strategies, and best practices in drug prevention and control. The theme for this year’s symposium is “Balanced and Coordinated Strategy for Building a Drug-Free Community: with Active Citizen Engagement”, which emphasizes the need for comprehensive dialogue around issues related to drug supply control and demand reduction.

Attached herewith an e-flyer of the above symposium.

It would be appreciated, if you could kindly make necessary arrangements to disseminate the above information among your membership.

Thank you

With warm regards,

Shirani Ariyarathne

Actg. Consul General

Minister (Commercial)

Consulate General of Sri Lanka

34, Homi Mody Street, Fort

Mumbai 400001

Tel: (+ 91 22 )22045861/22048303

Fax: (+ 91 22) 22876132

E -mail: slcg.mumbai@mfa.gov.lk

Personal information of employees like service records, copies of promotion & financial benefits can’t be disclosed under the RTI Act – Delhi HC

Personal information of employees like service records, copies of promotion & financial benefits can’t be disclosed under the RTI Act

Copy of judgement attached

We wish to inform you that “7th Edition of the Colombo International Maritime & Logistics Conference”, will be held from 27th to 29th November, 2024 at the Cinnamon Grand Hotel in Colombo, Sri Lanka. The event is co-organized by the CIMC Events and the Shippers Academy International.

The Colombo International Maritime & Logistics Conference is held in South Asia on a rotational basis among the maritime nations of the sub-continent. The focus of the conference is to bring in the shipping, ports and logistics industry to discuss the regional developments of each sector.

Port sector developments and maritime connectivity are considered key pillars for economic development for South Asian countries. The Colombo Internal Maritime & Logistics Conference is designed to discuss the regional maritime geography, investments, infrastructure gap analysis, commercial opportunities and security aspects such as cybercrime. In addition to the maritime & port sector, the conference has a special focus on logistics and related backward integration services along with talent development. The conference will also discuss emerging competition among the global maritime industry, sustainability in the regional ports and future direction of ports / logistics performance as core subject areas.

Attached herewith an e-flyer of the above conference.

This Mission cordially invite you/your representatives/members of your esteemed institution to attend the Colombo International Maritime & Logistics Conference from 27th to 29th November, 2024.

It would be appreciated, if you could kindly make necessary arrangements to disseminate the above information among your membership.

Thank you

With warm regards,

Shirani Ariyarathne

Actg. Consul General Minister (Commercial)

Consulate General of Sri Lanka, 34, Homi Mody Street, Fort

Mumbai 400001.

Tel: (+ 91 22 )22045861/22048303, Fax: (+ 91 22) 22876132

E -mail: slcg.mumbai@mfa.gov.lk

 EPFO circular on utilising Reserves and Surplus for crediting higher interest by exempted establishments.

The EPFO has issued a circular dated 7th October 2024 stating that the balance of undistributed interest on investments should be transferred to the CBT on cancellation or surrender of exemption.

Copy of circular attached.

Request for Proposal – Ministry of Transport and Highways Ref. Nos. 089/T/2024 & 091/T/2024

We wish to inform you that, the Chairman, the Cabinet Appointed Negotiation Committee (CANC), Ministry of Transport and Highways has invited sealed bids for the following.

Please find attached herewith a copy of the procurement notice of the above.

Thank you.

With warm regards,

Shirani Ariyarathne

Actg. Consul General, Minister (Commercial), Consulate General of Sri Lanka,

34, Homi Mody Street, Fort, Mumbai 400001.

Tel: (+ 91 22 )22045861/22048303, Fax: (+ 91 22) 22876132

E -mail: slcg.mumbai@mfa.gov.lk