Sri Lankan court extends order to block payment to Chinese company amid contaminated fertilizer row
The Hindu
The extension of the enjoining order means that the local People’s Bank cannot make payment to the Chinese company until November 19 when the case will be heard again.
A Sri Lankan commercial court in Colombo has extended the order to block a payment of $4.9 million to a China-based company over the shipment of organic fertilizer, which was found to be contaminated following tests.
The extension of the enjoining order on Friday means that the local People’s Bank cannot make payment to the Chinese company until November 19 when the case will be heard again.
The state owned Ceylon Fertilizer Company Limited had obtained the commercial high court order on October 22 to block payment to China-based Qingdao Seawin Biotech over shipment of organic fertilizer.