Mr Naomal Goonewardena > Nithya Partners > Colombo, Sri Lanka > Lawyer Profile

Nithya Partners‘ tax practice offers diverse legal services for taxation related matters, but notably stands out for its litigation expertise. The team has represented clients at the appellate and Supreme Court matters in highly sophisticated mandates involving tax concessions, appeals of assessments, and the effects of stocks, interests and contracts in determining taxation. Naomal Goonewardena  heads the department, and is highly experienced in tax-related matters for highly-valuable clients in the financial industry, as well as multinationals. Another key team member is Prashanthi Vignanantha, who represents clients before the Tax Appeals Commission, Court of Appeal and Supreme Court.

The capital markets and finance offering at Nithya Partners advises multinationals and their subsidiaries in a spectrum of finance-related matters, including facilitation of various loans, such as syndicated loans, assisting with loan securitisation, as well as advisory roles pertaining to legal policy and banking regulation compliance. Naomal Goonewardena heads the group, overseeing the team’s most high-value transactional mandates, and is assisted by the expertise of Prashanthi Vignanantha, who handles the team’s advisory aspects, such as opinions on guidelines and licensing requirements.

Fielding ‘a diverse team of experts able to handle most matters,’ the corporate, Commercial and M&A department at Nithya Partners is especially active in transactional matters, including amalgamations, share sales and acquisition of publicly listed companies. Additionally, the team is proficient in corporate due diligence work, advising multinational companies on regulatory compliance. Naomal Goonewardena is highlighted for his ‘thorough analysis of facts and the law,’ and co-heads the department with the ‘exceptional’ Nirusha Ratnatunga, a specialist in corporate law and acquisitions.