Sampath Bank acquires Anilana hotels under parate execution

Anilana Hotels and Properties has said that its hotels in Nilaweli, Trincomalee and Passikudah were acquired by Sampath Bank under the provisions of Recovery of Loans by Banks (Special Provisions) Act No.

The company said it had initiated two cases challenging the resolution by Sampath Bank to acquire the properties which were pending in appeal before the Supreme Court.

Anilana has also made an application to compromise under and in terms of the Companies Act No. 07 of 2OO7 informing Court of a prospective investor who had offered 1.2 billion rupees for the hotels.

“In the event a compromise is reached between the Bank and us in the Commercial High Court, we will disclose the same.” (Colombo/Sep14/2026)