BOOK REVIEW TITLE : LAW RELATING TO RECOVERY OF LOANS BY BANKS ( SPECIAL PROVISIONS ) ACT NO. 4 OF 1990 AS AMENDED (SANSHODITHA 1990 ANKA 4 DARANA BENKU MAGIN PRADANAYA KARANA LADA NAYA AYA KARA GENIME (WISHESHA VIDIVIDANA PANATHATA ADALA NEETHIYA) AUTHORS: J.M. RANJITH PERERA, ATTORNEY - AT - LAW SENIOR COUNSEL - CHIEF AUTHOR & H.M. SISIRA KUMARA BANDARA , ATTORNEY - AT - LAW, ASSISTANT AUTHOR PUBLISHED BY AN AUTHOR PUBLICATION REVIEWED BY HEMANTHA SITUGE

BOOK REVIEW

TITLE :       LAW RELATING TO RECOVERY OF LOANS BY BANKS ( SPECIAL PROVISIONS ) ACT NO. 4 OF 1990 AS AMENDED (SANSHODITHA 1990 ANKA 4 DARANA BENKU MAGIN PRADANAYA KARANA LADA NAYA AYA KARA GENIME (WISHESHA VIDIVIDANA PANATHATA ADALA NEETHIYA)

AUTHORS:  J.M.RANJITH PERERA, ATTORNEY - AT - LAW SENIOR COUNSEL - CHIEF AUTHOR & H.M.SISIRA KUMARA BANDARA ,ATTORNEY - AT - LAW, ASSISTANT  AUTHOR

PUBLISHED BY AN AUTHOR PUBLICATION

REVIEWED  BY HEMANTHA SITUGE

Email ; hsituge@gmail.com

Blog ; http// HemanthaSituge @blogspot.com

The splendid book entitled: Law Relating To Recovery Of Loans By Banks (Special Provisions) Act No. 4 Of 1990 As Amended (Sanshoditha 1990 Anka 4 DaranaBenkuMaginPradanaya Karana Lada Naya Aya Kara Genime (Wishesha  Vidividana Panathata Adala Neethiya) written in Sinhalese,was released recently.

It was Lord Justice Eldon once who said that : “ A Lawyer should live like a hermit and work like a horse “. How many senior practitioners of the unofficial bar have imparted their knowledge of the practical law for the benefit of the present and the future generations of our country? Release of this book sequel to the firstbook  titled : “Law Relating to Debt Recovery Act No 2 of 1990”was written in Sinhalese. J.M.RanjithPerera Senior Counsel and his Assistant   Sisira Kumara Bandara has rendered yeoman services by using their wealth of knowledge for the benefit of  the lawyers and the students by expending their time and energy.

It was the legendary Abraham Lincoln once who said :  “ A Lawyer’s Time and Advise are His Stock in Trade “.The country and the legal profession owes a debt of gratitude to Senior Counsel  J M RanjithPerera and his assistant H M Sisira Kumara Bandara for spearheading  to release  a series of books to educate the lawyers and laymen alike as  they are indeed gems of wisdom to the legal profession and to the people of all walks of life alike.

The reviewer finds a large amount of Sinhalese law books are released day by day. Some of these books are written by Attorneys-at-Law and laymen alike. But how many of these books are written by legal practitioners. This reviewer is of the fervent opinion that most of these books are mere compendiums. How many of these could make an impact towards the legal system of the country?

The opus contains eight chapters. The first chapter deals on the history of  theparate execution. The second chapter is on the intention of the legislature. On careful perusal it is evident that the rest of the six chapters are on the procedural aspects the book is sine qua non a much awaited ‘nugget of gold’  for the legal profession. 

J. M. RanjithPerera a Senior Counsel – a busy eminent practitioner in law ably assisted by H. M. Sisira Kumar Bandara Attorney-at-Law has filled the void that hitherto existed on one of the most abstruse part of civil law namely the Law Relating to Debt  Recovery (Special Provisions) No. 4 of 1990 as amended. Their  path breaking opus on this statute is not a mere book it is an eminent commentary/treatise / study guide on the subject.

The reviewer read and re-read this indispensable book, found replete with thirty eight reported and six unreported judgments pronounced by the superior Courts with an easy reference index guide culled with pertinent extracts of the Sinhalese statute and more appropriately from the English statute. The book spans into 228 pages of pure bliss for the legal practitioner. The book contains two extracts from Hansards of the Parliament on the 1990 and 2003 bill and the debate took place therein is found   and where there was hue and outcry from the members of the Parliament introducing this statute was a draconian piece of legislation.

Senior Counsel J. M. RanjithPerera’s treatise on ‘Law Relating to Debt Recovery Act No. 4 of 1990 as Amended’ has trail the blaze by his maiden book on this statute  in not only educating the layman, law students and further for the busy legal practitioners, this reviewer advocates that the book would be an essential guide. Undoubtedly the book would serve as a vade mecum for all this wide array of readership.