' The draft bill seeks to expropriate assets of three dozen ventures including two listed companies, violating the property rights of citizens.
One company, Pelwatte Sugar halted a 300 million rupee capital injection Friday.
An unlisted company, Sevanagala Sugar has been invaded by ruling party activists and production halted.
The state used the device of asking the Supreme Court to decide the constitutionality of the bill within 48 hours with no opportunity other than the state prosecutor to give his views.
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President of Sri Lanka's Bar Association Shibly Aziz in a statement called upon Sri Lanka's president Mahinda Rajapaksa and promoters of the bill to withdraw it and to give people an opportunity to make a case to the Supreme Court whether it was against Sri Lanka's constitution. The Bar Association chief also called for a halt to the entire process of enacting laws through the device of urgent bills "in the interests of the Rule of Law" and democratic values.
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