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1970 (11) TMI 3

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..... n to get the permission of the Central Bank of Ceylon, be could not succeed. But, unfortunately, the materials on record before us only show that he has not made any such effort - - - - - Dated:- 2-11-1970 - Judge(s) : VEERASWAMI., GOKULAKRISHNAN. JUDGMENT The judgment of the court was delivered by VEERASWAMI C. J.-There was, as on March 9, 1966, due a sum of Rs. 37,287.95 as estate duty .....

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..... ountry without the permission of the Central Bank of Ceylon. But it seems to us that these provisions will not suffice to enable the petitioner to get the relief. There should be bona fide effort on the part of the petitioner to get repatriation of his Ceylon assets to pay the estate duty. One Shanmuga Raja seems to have carried on correspondence with the Controller of Ceylon for the purpose. But .....

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..... Ceylon Exchange Control Act says is that no payment to or credit to a person outside Ceylon should be made without the permission of the bank. To similar effect is section 8. Section 22 places restrictions on export from Ceylon of any Ceylon currency, or any foreign currency or treasury bills. That again is a bar which can be got over with the permission of the Central Bank of Ceylon. In the circ .....

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