Prasannajit de Silva, PC, is not just a lawyer; he is an institutional memory for Sri Lankan capitalism. His work at the SEC shielded the stock market from the cronyism that plagued other emerging markets. His courtroom victories established legal precedents that protect commercial fairness. And his teaching has inspired a generation of attorneys to take commercial law seriously as a pillar of national development.
As Sri Lanka navigates its economic recovery, the principles championed by Prasannajit de Silva—transparency, procedural fairness, and rigorous enforcement—remain more relevant than ever. He has built a legacy that will outlast any single case or commission: a legal infrastructure built to last. prasannajit de silva
Disclaimer: This article is for informational purposes only and does not constitute legal advice. For specific legal inquiries regarding Mr. de Silva’s current practice, readers should contact the relevant legal chambers. Prasannajit de Silva, PC, is not just a
One of the most significant milestones in his career was his leadership of the Bar Association of Sri Lanka (BASL), the apex body of the legal profession in the country. Disclaimer: This article is for informational purposes only
De Silva’s career began with a rigorous grounding in law. Armed with degrees in law from Sri Lanka and further qualifications as an Attorney-at-Law, he quickly distinguished himself not through flashy court theatrics, but through meticulous mastery of corporate statutes and fiscal policy. His early work focused on the intersection of commercial law and tax regulation—a niche that would define his legacy.
De Silva’s most tangible impact has been in the realm of taxation. He has frequently contributed to policy discussions on:
Industry insiders note that several pragmatic amendments to Sri Lanka’s tax codes can be traced back to white papers and committees on which he served—often anonymously.