The Sri Lanka National Arbitration Centre (SLNAC) conducts, on average, about 20 arbitration sittings per week. On a monthly basis the arbitration hearings could reach 100, the Centre said in a statement this week explaining its role.
SLNAC is the oldest institution in the country in the administration of arbitrations for the resolution of commercial disputes having been established and incorporated in the year 1985.
Its future role includes efforts to attract international arbitrations to Sri Lanka as a service provider and to make commercial dispute resolution by arbitration expeditiously, cost effective under due process of law, the statement said.
The long serving Chief Executive Officer / Legal Advisor of the Sri Lanka National Arbitration Centre, eminent Lawyer, Edgar Cooray who relinquished his duties, served in the capacity of CEO/Governor from its inception. However, at the request of the Board of Governors, he continues to serve as a Governor. He was replaced by Hiran de Alwis.
The chair of the SLNAC is eminent Presidents Counsel Romesh de Silva. The Centre consists of several distinguished members of the legal community and several institutional members, and they are: H.E.P. Cooray (lawyer), Kandiah Neelakandan (lawyer), Nimal Perera (Ceylon National Chamber of Industries), Jayasiri Samaratunga (National Construction Contractor Association), Ms. Pansy Joseph (lawyer), Sujeeva Samaraweera (National Chamber of Commerce of Sri Lanka, Ms. Ranee Ratnayake (Womens Chamber of Industry & Commerce, Udula Bandara Awushadahamy (Institute of Construction Training & Development, Ms. Sarojini Dunuwila (Sri Lanka Banks Association),
Prof. Chithra Wedikkara (Architect/Quantity Surveyor), G.S. Chatoor (Ceylon Chamber of Commerce), Ziqufi Ismail (Sri Lanka Gem & Jewellery Association), Ranjan Nadesapillai (Sri Lanka Institute of Architects), H.D. Chandrasena (Institute of Quantity Surveyors of Sri Lanka), Nimal Weeraratne, (lawyer), S.T.S. Arulananthan (Ceylon Hardware Merchant Association), Dakshitha Thalgodapitiya (Chamber of Construction Industry of Sri Lanka), Naomal Goonewardena (lawyer), and Dr. E M.G.De Zylva (Engineer).
The fundamental responsibility of the Centre is to popularize the operation and practice of arbitration functioning as a facilitator, registrar and coordinator providing accommodation, secretarial services and other attendant facilities.
SLNAC has cooperation agreements with the Giant Triple “A” of the USA, Korean Commercial Arbitration Organization and also with the Australia International Arbitration Centre, Hong Kong and Singapore International Arbitration Centres. Its Chief Operations Officer is Johann Atapattu.