Best Due Diligence Lawyers in Sri Lanka

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John Wilson Partners

John Wilson Partners

Colombo, Sri Lanka

Founded in 1920
12 people in their team
ABOUT US: Founded in 1920 by the late Senator John Wilson, the firm is an established legal practice in Sri Lanka, providing service in the...
Afrikaans
English
French
Sinhala
Tamil
Swedish
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Colombo Law Alliance (CLA)

Colombo Law Alliance (CLA)

Colombo, Sri Lanka

Founded in 2012
50 people in their team
Introduction to CLAThe team at CLA brings together extensive experience and expertise in providing specialized legal services to a substantial...
Macon Associates

Macon Associates

Colombo, Sri Lanka

Founded in 2000
50 people in their team
ABOUT MACONSWHO WE AREMacon Associates specialize in providing total corporate and legal solutions to individuals and businesses. We are committed to...
Sinhala
English
Tamil
F J & G de Saram

F J & G de Saram

Colombo, Sri Lanka

Founded in 1841
200 people in their team
The FirmHistoryF. J. & G. de Saram is the oldest law firm in Sri Lanka.The practice was commenced in 1841 by F. J. de Saram. Snr., the same year...
Sinhala
Tamil
English
Julius & Creasy

Julius & Creasy

Colombo, Sri Lanka

Founded in 1879
200 people in their team
Our HistoryWith its near 140 year history Julius & Creasy is one of the oldest law Firms in Sri Lanka, while also being the largest. Its...
Sinhala
English
Tamil
SSKM Attorneys

SSKM Attorneys

Colombo, Sri Lanka

Free Consultation: 15 mins


Founded in 2012
15 people in their team
SSKM Attorneys was established with the goal of delivering a modern and responsive service for a changing world. The law firm is led by a team of...
Sinhala
Tamil
English
Nithya Partners

Nithya Partners

Colombo, Sri Lanka

Founded in 1997
50 people in their team
INTRODUCTIONNithya Partners was established in 1997 with the goal of delivering a modern and responsive service in corporate and financial law. The...
Sinhala
Tamil
English
Qanunie Consultants

Qanunie Consultants

Colombo, Sri Lanka

Founded in 2021
4 people in their team
Who We Are: Qanunie Consultants offer a multitude of legal services covering a wide scope ranging from legal consultancy, contracts management,...
English
Sinhala
Invictus Law

Invictus Law

Colombo, Sri Lanka

Founded in 2000
50 people in their team
Invictus Law is a modern and progressive law firm providing a comprehensive range of legal services and solutions for both domestic and international...
Sinhala
English
Tamil
ATD Legal Associates

ATD Legal Associates

Kurunegala, Sri Lanka

Founded in 1976
10 people in their team
 Welcome to ATD Legal Associates Innovative Legal Solutions for a Digital and Global EraAt ATD Legal Associate  we specialize in...
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About Due Diligence Law in Sri Lanka

Due diligence in Sri Lanka refers to the process of conducting a thorough investigation or review of a business or property before entering into a transaction. This can involve reviewing financial records, contracts, and other relevant documents to ensure that there are no hidden risks or liabilities. Due diligence is essential in helping individuals and businesses make informed decisions and protect themselves from future legal issues.

Why You May Need a Lawyer

There are several situations where you may require legal help with due diligence in Sri Lanka:

  • When purchasing a property or business
  • When entering into a partnership or joint venture
  • When investing in a company
  • When participating in mergers and acquisitions

Local Laws Overview

Key aspects of local laws relevant to due diligence in Sri Lanka include:

  • Companies Act
  • Intellectual Property Law
  • Contract Law
  • Securities and Exchange Commission Regulations

Frequently Asked Questions

1. What is the purpose of due diligence?

Due diligence helps individuals and businesses assess the risks and liabilities associated with a transaction before making a decision.

2. How long does the due diligence process typically take?

The duration of the due diligence process can vary depending on the complexity of the transaction and the amount of information that needs to be reviewed.

3. What documents are typically reviewed during due diligence?

Documents commonly reviewed during due diligence include financial statements, contracts, regulatory filings, and intellectual property records.

4. What are the consequences of not conducting due diligence?

Not conducting due diligence can lead to unexpected legal issues, financial losses, and reputational damage.

5. Can due diligence be done without a lawyer?

While it is possible to conduct due diligence without a lawyer, it is highly recommended to seek legal advice to ensure thorough and accurate assessment of risks and liabilities.

6. How much does it cost to hire a lawyer for due diligence in Sri Lanka?

The cost of hiring a lawyer for due diligence can vary depending on the complexity of the transaction and the scope of work involved.

7. What qualifications should I look for in a lawyer for due diligence?

Look for a lawyer with experience in due diligence, a good understanding of local laws, and a track record of successful transactions.

8. Are there any specific regulations governing due diligence in Sri Lanka?

While there are no specific regulations governing due diligence in Sri Lanka, it is important to comply with existing laws and regulations relevant to the transaction.

9. How can I ensure confidentiality during the due diligence process?

You can ensure confidentiality by signing non-disclosure agreements with parties involved in the due diligence process and limiting access to sensitive information.

10. What should I do if I uncover potential risks or issues during due diligence?

If you uncover potential risks or issues during due diligence, seek legal advice to assess the implications and determine the best course of action.

Additional Resources

For additional resources related to due diligence in Sri Lanka, you can reach out to the Securities and Exchange Commission of Sri Lanka or consult legal professionals specializing in corporate law.

Next Steps

If you require legal assistance with due diligence in Sri Lanka, consider reaching out to a qualified lawyer with experience in corporate transactions and due diligence to guide you through the process and ensure a successful outcome.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.