AP Govt starts works @ Amaravati remains as Capital w/o Temasek linked GLCs
#41
3-12-2019 4:41 PM
debono said:
Question is are we able to claim all the professional fees spent so far.......? Big smile Big smile

Go to court to fight the case and you never be allowed to step inside India again..unless you lost

Involving $$$ engaging lawyers and legal fees to fight so many cases in court - a very long process.
Very costly and painful exercise

All their lawyers and judges belong to the same political party even those jury and all being paid by the AP govt - how to win?
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#42
3-12-2019 4:38 PM
Blin said:
[Image: XFlBQbD.jpg]
rebel disguise as Artist. thumbs up

U from serangoon ave 2 ? Surprised
[Image: 2dtrb6v.jpg]
[Image: 20r9tll.jpg]
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#43
In business, you cannot win in everything.

Well, at least if they are using our masterplans verbatim, then Temasek should know where the pots of golds and the pitfalls are when the indians start tendering for sale of land and construction of the buildings. Maybe let some of the indian coys fall into the pit first, then extend a 1 rupee helping hand to take a minority stake.
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#44
3-12-2019 5:04 PM
Observers said:
In business, you cannot win in everything.

Well, at least if they are using our masterplans verbatim, then Temasek should know where the pots of golds and the pitfalls are when the indians start tendering for sale of land and construction of the buildings. Maybe let some of the indian coys fall into the pit first, then extend a 1 rupee helping hand to take a minority stake.

This is possible, but it is a long shot..... Thinking Thinking
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#45
3-12-2019 5:40 PM
debono said:
This is possible, but it is a long shot..... Thinking Thinking

AP govt has no money and is waiting from Fed govt to send money to pay energy due over a year.
All investors were badly beaten and land PX dropped more than 50% in 1 yr, even Lulu promised not to invest anymore future projects in AP.

Economic growth plummeted to a low of 4.5%.
Is there any contrarian here?
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#46
Last month, the AP govt appointed a new Chief Judge to High court and its going to be very busy handling all cases.

So, what are the chances of winning?
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#47
3-12-2019 4:46 PM
sukhoi35 said:
Go to court to fight the case and you never be allowed to step inside India again..unless you lost

Involving $$$ engaging lawyers and legal fees to fight so many cases in court - a very long process.
Very costly and painful exercise

All their lawyers and judges belong to the same political party even those jury and all being paid by the AP govt - how to win?

Its going to be an expensive battle..
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#48
3-12-2019 5:04 PM
Observers said:
In business, you cannot win in everything.

Well, at least if they are using our masterplans verbatim, then Temasek should know where the pots of golds and the pitfalls are when the indians start tendering for sale of land and construction of the buildings. Maybe let some of the indian coys fall into the pit first, then extend a 1 rupee helping hand to take a minority stake.
First personal insolvency petition filed in Amaravati

Omkaram Venkata Ramana, who had stood personal guarantor to five firms that defaulted on Rs 38.66 crore of bank loans, filed the petition to initiate personal insolvency resolution process, which his counsel said would entitle him to an interim mo

Ramana had offered personal guarantees to Nithin Grains & Mills, Nithin Proteins, Nithin Nutritions, Ramanasree Consumer Products and Ramana Sri Logistics, all promoted by him. Bank of India, the sole banker to the five companies, had earlier attempted auctioning the personal assets of the promoter offered as guarantee, but could not succeed.

When contacted, Ramana told ET that the guarantee that he had provided was the only financial liability he had as an individual and promoter o of the five companies. “I voluntarily approached the tribunal after being convinced that the IBC 2016 introduced by the government is the most modern law for revival of failed business model and provides a resolution and dignified exit for promoters like me.”
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