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Four days later after parliament was sacked, the Supreme Court issued an interim ruling suspending Sirisena's decree and restoring parliament, which nearly immediately passed a no-confidence motion against Rajapakse.

Such an order would pave the way for the election of a new Parliament.

Ranil Wickremesinghe, thanking the Parliamentarians for voting in confidence of him, stated that everyone, regardless of their party, should act respecting the constitution and that the constitution is the prime law of the country. Sri Lanka's dollar bonds due in 2028 rose the most since December 3, increasing 0.5 cent to about 90 cents, according to prices compiled by Bloomberg.

The Supreme Court on Thursday ruled as unconstitutional a presidential notice to dissolve parliament before a period of four-and-a-half years from its first sitting unless the move was endorsed by a two-third majority of parliament. Hakeem, who is the leader of the Muslim Congress, has a good number of legislators from his party in the Parliament.

As many as 117 out of 225 lawmakers in Parliament voted to pass a confidence motion in his leadership.

The current political upheaval has cast serious doubt on the future of a new Constitution that was being drafted, but a Rajapaksa comeback in turn sparks old fears of heightened military surveillance and post-war intimidation that his regime is accused of. Udaya Gammanpila, a minister in the defunct Cabinet, said: "We respect the decision of the Supreme Court although we are not in agreement with its interpretations".

As the next step, said Wickremesinghe, with the majority having confidence in him, they hope to establish a Government with the backing of Parliament and continue development initiatives.

The United National Front (UNF) coalition led by Wickeremesinghe has moved three no-trust motions against Rajapaksa.The motions came to be adopted after the speaker summoned Parliament, in a direct confrontation with Sirisena.

Sources close to Wickremesinghe's United National Party (UNP) said they had received an invitation from Sirisena to meet later on Thursday evening.

Dissolving parliament was as a last-ditch attempt by Sirisena to keep the man he nominated for prime minister ex-president Mahinda Rajapaksa, in power. The speaker, nonetheless, reported that the votes were passed by voice and that there was never again a leader or different pastors.

The "biggest loser" in the almost two months of political upheaval was Sirisena, Keenan continued, adding, "It is hard to see how [Sirisena] can salvage a political future for himself".

Sri Lanka's court of appeal has separately suspended Rajapaksa from acting as PM.

"Unless this parliament approves a budget for 2019, the government will not be able to spend even one cent from January 1", Karunanayake told parliament. "We are happy that the court has upheld democratic values and shown the world that Parliament is supreme and democracy is really people's rule", he said.