Although the whole of human society has collapsed due to Covid, the Government of Sri Lanka has provided various reliefs to the borrowers for loans obtained from various institutions. Even so, owning one is still beyond the reach of the average person. It was also reported that a well known businessman had committed suicide due to the Commercial Bank. Also, people are severely inconvenienced by such money companies because of their illegal behavior. This story is such a story.
SP Yasith Seneviratne, a resident of Pelmadulla, obtains Speed Draft Leader for his vehicle from Commercial Leasing and Finance. The loan is from Commercial Leasing and Finance Maragama Branch under CB 11007 BQM. He used his van to a private company. Although the loan was repaid with the proceeds, Covid lost his income and suddenly went abroad for another job. When he went abroad, he handed over everything to his wife and wrote a power of attorney.
It is said that although it is now necessary to renew and repay the loan, it cannot be done through this power of attorney as it has not been registered as the reason for not being able to do so. But even if they ask for a letter denying it, they will not give it.
If he too has not been able to come to Sri Lanka in the face of the current Covid crisis, this finance company will not be able to legally fulfill his kind request. There is no law in Sri Lanka that requires a power of attorney to be registered. There are also judgments for that.
They say they also need a separate power of attorney for this. These institutions also do not know the law and Sri Lankan citizens do not know the law. Although the institutions know the law, it is clear that they have no human feeling and no respect for the law.
Ravana Lanka, We also do not understand exactly where the world will go after the death of the owners and employees of the finance companies who are only using their various tactics to strengthen their fortunes. Even if the same country has the same law, no man will inherit a free state under murderous, lawless or immoral banks or money companies.