The island nation is witnessing a political crisis since October 26 when President Sirisena sacked Wickeremesinghe and replaced him with Rajapaksa.
In a statement, Rajapaksa cites occasions in the history when Parliament had been dissolved to call parliamentary elections in Sri Lanka to avoid crisis and bring in political stability.
The island nation plunged into a constitutional crisis after President Sirisena ousted Wickremesinghe and named Rajapaksa as the country's Prime Minister.
The tough statement from Jayasuriya came after Sirisena announced on Sunday that parliament would reconvene on November 14, a week later than he had promised.
The media reports came ahead of Sri Lankan Prime Minister Ranil Wickremesinghe's visit to New Delhi for talks with PM Modi to speed up India-backed projects.
In a message on Twitter, Sirisena said: "Upon assessing the public safety situation, I instructed to revoke the State of Emergency from midnight yesterday (Saturday)."
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