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Debt-laden HDIL into insolvency resolution process, Adani Properties, Suraksha Asset Reconstruction and Sunteck Realty show interest as resolution applicants
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Debt-laden HDIL into insolvency resolution process, Adani Properties, Suraksha Asset Reconstruction and Sunteck Realty show interest as resolution applicants Like

Team SoOLEGAL   |   6 Aug 2020 10:13pm

HDIL is under the insolvency resolution process under Insolvency and Bankruptcy Code 2016. Going through the procedure under IBC 2016, HIDL shared the provisional list of Prospective resolution applicants. The invitation for expression of interest was first published in February…

Hyundai Brazil Adopts Local Stray Dog and Calls Him ‘Sales Consultant’, Netizens Love It
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Hyundai Brazil Adopts Local Stray Dog and Calls Him ‘Sales Consultant’, Netizens Love It Like

Team SoOLEGAL   |   6 Aug 2020 10:03pm

A Hyundai showroom at Serra in the state of Espirito Santo, Brazil, has adopted a street dog and named him Tuscan Prime, who is now a part of the establishment, he is appointed as an Honorary Employee and even has…

Spencer’s Retail to raise Rs 80 crore via Rights Issue
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Spencer’s Retail to raise Rs 80 crore via Rights Issue Like

Team SoOLEGAL   |   6 Aug 2020 9:08pm

Spencer’s Ltd, the hypermarket chain from the stable of RP-SG Group, is going to launch its maiden share sale to the public in the first week of August with a Rs 80-crore rights issue.Priced at Rs 75, which includes a…

WhiteHat Jr acquired by Byju’s for $300 million
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WhiteHat Jr acquired by Byju’s for $300 million Like

Team SoOLEGAL   |   6 Aug 2020 6:38pm

Byju’s, an EdTech company, announced on Wednesday (5th August) that it has acquired WhiteHat Jr. According to the sources the deal has been sealed at $300 million.The move aims to combine the leadership of Byju’s in education technology and the…

Section 138 NI Act: There should not be any uncertainty in cheque as regards to amount written in words, holds Delhi HC
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Section 138 NI Act: There should not be any uncertainty in cheque as regards to amount written in words, holds Delhi HC Like

Team SoOLEGAL   |   6 Aug 2020 3:27pm

The Patiala House Court while dealing with the instant matter related to dishonour of cheques held that an instrument cannot be called a cheque unless it specifies a certain sum of money to be given to a certain person. The…

Centre Accepts Request for CBI to Investigate into the SSR Death Case
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Centre Accepts Request for CBI to Investigate into the SSR Death Case Like

Team SoOLEGAL   |   6 Aug 2020 3:59am

On Wednesday (August 5, 2020), the SC sought the status report on the investigation of the SSR death case by the Mumbai Police. While the hearing, Solicitor General (SG) Tushar Mehta told the SC that the Centre has accepted the…

SC Hears Rhea’s Plea in SSR Case: Denies Protection for her, directs that investigations in the matter to continue in accordance with the law
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SC Hears Rhea’s Plea in SSR Case: Denies Protection for her, directs that investigations in the matter to continue in accordance with the law Like

Team SoOLEGAL   |   6 Aug 2020 3:50am

The plea filed by actor Rhea Chakraborty seeking transfer of the FIR filed by Rajput’s father against her was heard on Wednesday by the SC. In the hearing Solicitor General (SG) Tushar Mehta presented Centre, Sr. Adv. Mukul Rohtagi presented Bihar…

Timeline Of Events That Led To Ram Mandir Construction
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Timeline Of Events That Led To Ram Mandir Construction Like

Team SoOLEGAL   |   6 Aug 2020 3:44am

A historic day for millions of Indians as the construction of Ram Mandir in Ayodhya begins today (August 5,2020). The site of Ram Mandir was under dispute for decades until last year when the SC in November 2019 passed the…

Ban On Export Of Ventilators Lifted By The Government
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Ban On Export Of Ventilators Lifted By The Government Like

Team SoOLEGAL   |   6 Aug 2020 3:33am

A ban was imposed on the export of ventilators on March 24th,2020 to ensure the domestic availability to fight against this pandemic. On August 1st,2020 the Ministry of Health and Family Welfare made a proposal to allow the export of…

Ratan Tata to SC: Ousting Mistry was not pleasant, but he lacked Tata Group’s dignity, credo
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Ratan Tata to SC: Ousting Mistry was not pleasant, but he lacked Tata Group’s dignity, credo Like

Team SoOLEGAL   |   6 Aug 2020 2:51am

In the ongoing Tata Mistry feud, the Chairman Ratan Tata has fired another salvo in the SC and stated that the decision to oust Cyrus Mistry was not a pleasant one. Tata’s rejoinder referred that Mistry was like a Trojan horse,…

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