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Real estate insolvency resolution should be project specific, not against entire corporate debtor: Supreme Court

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Trending Today LEGAL INTERNSHIP OPPORTUNITY AT ADVOCATE SHRUTI BIST Title: Real estate insolvency resolution should be project specific, not against entire corporate debtor: Supreme Court LEGAL JOB OPPORTUNITY AT S&A LAW OFFICES Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore? LEGAL JOB OPPORTUNITY AT ALL IP CARE SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Real estate insolvency resolution should be project specific, not against entire corporate debtor: Supreme Court   Kashak Agarwala 14 September 2025 Introduction The Supreme Court of India has ruled that real estate insolvencies under the Insolvency and Bankruptcy Code (IBC) must, as a general rule, be pursued on a project-by-project basis rather than against the entire corporate debtor, except in exceptional circumstances. The ruling, delivered by a Bench of Justices JB Pardiwala and R Mahadevan, aims to protect solvent projects and genuine homebuyers from collateral damage. Background of the Case The Court was hearing four appeals arising from orders of the National Company Law Appellate Tribunal (NCLAT) concerning Gayatri Infra Planner Pvt. Ltd. and Antriksh Infratech Pvt. Ltd. Mansi Brar Fernandes signed an MoU (April 6, 2016) for four flats, paying ₹35 lakh, with a buyback option worth ₹1 crore in 12 months. Sunita Agarwal invested ₹25 lakh (July 2015) with assured 25% returns in 24 months and a mandatory buyback clause.Both moved Section 7 IBC applications after defaults. The NCLT admitted the cases, but NCLAT reversed them, treating the applicants as speculative investors. Supreme Court’s Observations The SC upheld the NCLAT’s findings: Fernandes’ MoU was a buyback agreement, not a genuine flat purchase. Agarwal’s transaction with guaranteed returns and exit options lacked intent to hold property. Both applicants were speculative investors, not homebuyers, and thus ineligible to trigger CIRP. The Court reiterated that IBC cannot be misused by speculative investors as a debt-recovery mechanism. Referring to Pioneer Urban, the Bench noted that speculative CIRPs would destabilize projects and harm real homebuyers. Indicators of Speculative Investments The Court listed six non-exhaustive red flags: Agreements replacing possession with buyback/refund options. Refunds with high interest rates. Refusal to take possession. Acquisition of multiple units (often >10). Special rights/superior treatment. Assured unreasonable returns (20–25% in short term).➡️ True homebuyer intent is shown by ownership and possession of a unit. Housing as a Basic Right Invoking Article 21, the Court emphasized housing as a fundamental right: “A home is not just a roof but a statement of hopes, dreams, and security.” It reminded the State of its constitutional duty to protect homebuyers from exploitation by developers. Reform Directions by the Court To strengthen the IBC and protect homebuyers, the Court issued several systemic directions: NCLT/NCLAT Strengthening: Vacancies to be filled urgently; special IBC benches to be created; Union Govt. to submit compliance within 3 months. Expert Committee Formation: To be headed by a retired High Court judge with members from law/housing ministries, NIUA, HUDCO-HSMI, IIM, NLU, and NITI Aayog. Report due within 6 months. Empowering RERA: States must include at least one legal expert/consumer advocate in each RERA authority. Financial Safeguards: Periodic CAG audits of the SWAMIH Fund. Funds to be used for last-mile financing. Buyer proceeds for new projects to go into escrow accounts, released in tranches as per RERA. Applicability of the 2019 IBC Amendment The Court clarified that the 2019 IBC Amendment Ordinance (minimum 100 allottees or 10% of total allottees to trigger insolvency) applied since the petitions were pending when the ordinance came into effect, even though orders had already been reserved. Representation For Appellants: Vineet Kumar, Harshita Gulati, Anindita Mitra, Akhil Anand, Awanish Sinha, Nupur Kumar. For Respondents: Sr. Adv. Sunil Fernandes, Kaustubh Shukla, Saurabh Mishra, Diksha Dadu, Mantika Haryani, Astha Sharma, among others. Conclusion The Supreme Court’s judgment is a landmark in real estate insolvency, prioritizing project-level resolution, protecting genuine homebuyers, and discouraging speculative misuse of the IBC. With directives for stronger institutional capacity, RERA empowerment, and financial accountability, the ruling strengthens consumer protection and aims to stabilize India’s real estate sector. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Title: Real estate insolvency resolution should be project specific, not against entire corporate debtor: Supreme Court Sada Law • September 14, 2025 • Live cases • No Comments Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore? Sada Law • September 14, 2025 • Live cases • No Comments SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Sada Law • September 14, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore?

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Trending Today Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore? LEGAL JOB OPPORTUNITY AT ALL IP CARE SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore?   Kashak Agarwala 14 September 2025 Introduction India has long aspired to become a global arbitration hub. On 7 September 2025, Andhra Pradesh Chief Minister N. Chandrababu Naidu announced plans to set up a world-class international arbitration centre in Visakhapatnam, explicitly aiming to compete with Singapore, one of the world’s leading arbitration destinations. The declaration came during the International Mediation Conference in Visakhapatnam, with Naidu stressing arbitration’s role in bolstering investor confidence and economic growth. Why Visakhapatnam? Although arbitration in India is usually associated with Delhi and Mumbai, Visakhapatnam offers unique advantages: A strategic maritime metropolis with growing international trade links. Emerging as an IT and fintech hub. Strong institutional and political support. The Andhra Pradesh High Court has already trained 1,400 mediators, with another 800 in the pipeline, laying a foundation for a robust ADR (Alternative Dispute Resolution) ecosystem. Learning from Singapore Singapore’s success as a global arbitration centre rests on three pillars: Institutional autonomy via the Singapore International Arbitration Centre (SIAC). Judicial backing with minimal interference. International trust in neutrality and enforceability. For Visakhapatnam to succeed, it must not only provide infrastructure but also replicate these principles of consistency, neutrality, and credibility. Sea and Sustainability Potentials Visakhapatnam’s maritime identity offers a niche opportunity: It could specialize in maritime arbitration, a field historically dominated by London and Singapore. With the rise of ESG-linked disputes in green energy, climate compliance, and infrastructure, Vizag could position itself as India’s hub for sustainability-related arbitration. Challenges Ahead Several hurdles could impede progress: Governance and independence – political interference could undermine credibility. Talent pool – building arbitrators, counsel, and experts requires long-term investment. Enforcement and recognition – cross-border confidence in enforceability under Indian law is crucial. Global competition – Singapore, London, and Paris remain dominant, so Vizag must differentiate rather than imitate. The Bigger Picture: Arbitration in India India has taken steps toward strengthening arbitration: Establishment of the Mumbai Centre of International Arbitration (MCIA). Reforms via the Arbitration and Conciliation (Amendment) Acts. Yet, systemic delays and the absence of a national arbitration strategy remain obstacles. If Andhra Pradesh ensures seriousness and independence, it could advance India’s ambition to become a world arbitration leader. Conclusion Visakhapatnam’s proposed arbitration centre is both symbolic and ambitious, signaling India’s determination to reassert itself in international dispute resolution. But ambition must be matched by: Institutional autonomy Sector specialization Judicial consistency Only then can Visakhapatnam evolve into a credible competitor to Singapore instead of becoming another underutilized facility. Andhra Pradesh has taken the first decisive step—now the world will watch whether India can finally transform aspiration into reality. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Visakhapatnam’s Upcoming Arbitration Centre: Can Andhra Pradesh Match Up to Singapore? Sada Law • September 14, 2025 • Live cases • No Comments SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Sada Law • September 14, 2025 • Live cases • No Comments Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced

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Trending Today SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Shivani Garg 14 September 2025 Introduction On September 12, 2025, the SSC Combined Graduate Level (CGL) Tier 1 examination faced disruptions at multiple centres in Delhi, Gurgaon, and Jammu due to administrative and technical failures. The cancellations have forced the Staff Selection Commission (SSC) to reschedule exams, affecting thousands of aspirants. Background The SSC CGL exam is one of India’s most competitive recruitment processes, attracting lakhs of aspirants nationwide. Any disruption in its conduct significantly impacts candidates’ preparation, travel, and psychological readiness. What Happened & Centres Affected Delhi: Bharti Vidya Niketan Public School. Gurgaon: M.M. Public School (where over 1,400 candidates across three shifts were affected). Jammu: Digital Computer Education centre (first shift disrupted). Cause: Server crashes, outdated infrastructure, and mismanagement. Rescheduling & Candidate Instructions Delhi & Gurgaon candidates: Re-exam on September 24, 25, or 26, 2025. Jammu candidates: Re-exam on September 26, 2025. New centres in NCR will be allotted within ~10 days to avoid repeat issues. Candidate Concerns & Responses Many candidates travelled long distances, only to learn of last-minute cancellations. In Gurgaon, chaos erupted outside M.M. Public School as frustrated candidates protested over poor communication and infrastructure lapses. Aspirants cited logistical issues (travel, accommodation) and stress due to sudden changes. Official Response SSC Chairman S. Gopalakrishnan admitted that while ~215 centres functioned smoothly, around a dozen centres suffered major disruptions. He attributed the failures to outdated servers, weak networks, and poor centre management. Assurance given: affected candidates will be accommodated in new centres with improved facilities. Current Situation Exams at most centres remain unaffected. Affected candidates must prepare for re-exams later in September. SSC faces criticism for poor planning, inadequate infrastructure checks, and lack of timely updates. Conclusion The cancellation of SSC CGL Tier 1 exams at key centres has highlighted persistent problems in exam infrastructure management. While SSC has promised corrective measures and rescheduling, the incident underscores the urgent need for better oversight and technical preparedness to safeguard candidates’ time, effort, and morale.   Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases SSC CGL 2025 Exams Cancelled at Multiple Centres in Delhi, Gurgaon; Rescheduled Dates Announced Sada Law • September 14, 2025 • Live cases • No Comments Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay Sada Law • September 13, 2025 • Live cases • No Comments PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay

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Trending Today Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay Shivani Garg 13 September 2025 Introduction The Kremlin has announced that peace talks between Russia and Ukraine are on pause, with communication channels technically open but no active negotiations underway. Moscow has blamed European countries for obstructing progress, warning against unrealistic expectations of a breakthrough. Background Earlier this year, three rounds of direct talks were held in Istanbul. These led to limited agreements, mainly on prisoner and body exchanges, but failed to resolve core disputes such as territorial control, ceasefire terms, and long-term security guarantees. Russia insists that any settlement must reflect “realities on the ground,” while Ukraine demands recognition of its territorial integrity and rejects concessions of occupied land. Key Developments Kremlin spokesman Dmitry Peskov confirmed the suspension of negotiations and criticized European influence as obstructive. He cautioned that expectations should be tempered: there can be no “rose-tinted glasses” approach to peace talks. Ukraine continues to push for a leaders’ summit between President Volodymyr Zelenskyy and President Vladimir Putin, but Russia has set preconditions, making such a meeting uncertain. Issues Security Guarantees: Ukraine, backed by European allies, demands strong post-war guarantees, potentially involving European or foreign forces. Russia sees this as a security threat and rejects the idea. Territorial Disputes: Russia seeks recognition of current frontlines and retained control over captured regions, while Ukraine refuses to concede land. Mediation Role: European states’ involvement is a key flashpoint, with Russia accusing them of hindering progress, while Ukraine views them as essential partners in ensuring guarantees. Current Status Peace negotiations are suspended, with both sides entrenched in their positions. Russia claims willingness to resume dialogue but continues to escalate militarily, launching intensified aerial assaults. Diplomatic interventions by the U.S. and European nations continue, but prospects of direct breakthroughs remain dim. Conclusion The suspension of peace talks underscores the widening gap between Russia and Ukraine’s negotiating positions. While dialogue is not completely off the table, territorial and security disputes remain major obstacles. Without direct engagement between the two presidents, a breakthrough looks unlikely, leaving the conflict to intensify militarily while diplomatic channels stall.   Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Russia Says Ukraine Peace Talks Suspended; Blames Europe for Delay Sada Law • September 13, 2025 • Live cases • No Comments PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sada Law • September 13, 2025 • Live cases • No Comments Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit

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Trending Today PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit   Shivani Garg 13 September 2025 Introduction Prime Minister Narendra Modi is scheduled to visit Manipur on 13 September 2025 for the first time since the outbreak of ethnic conflict in May 2023. The visit is expected to focus on direct engagement with internally displaced persons (IDPs), along with the launch of significant development projects. Background & Context Since May 2023, Manipur has witnessed ethnic clashes primarily between the Meitei community (valley) and Kuki-Zo groups (hills). The violence has caused widespread displacement, infrastructural damage, and a breakdown in law and order. Over 280 relief camps currently shelter around 57,000 displaced persons, many of whom have remained in camps for over two years. Key Developments – Modi’s Visit Date & Route: 13 September 2025, covering Churachandpur (hills) followed by Imphal (valley). Engagements: The PM will meet IDPs in both regions to hear their grievances. Development Announcements: Churachandpur: Foundation stones for projects worth about ₹7,300 crore. Imphal: Inauguration of projects worth ₹1,200 crore. Issues & Expectations Resettlement Roadmap: Displaced communities seek assurance of safety, peace, and return to homes. Political Demand: Kuki-Zo groups have reiterated calls for a separate Union Territory administration, citing safety and representation concerns. Other Priorities: Restoration of free movement between hills and valleys, currently restricted by “buffer zones.” Phasing out relief camps. Strengthening law and order. Rebuilding infrastructure and restoring essential services. Significance & Challenges The visit is a crucial signal of the Centre’s involvement in peace and development in Manipur after two years of unrest. Challenges ahead: Translating announcements into tangible action. Reconciling divergent community expectations (hills vs. valley). Maintaining security during the visit. Addressing deep-rooted political grievances beyond infrastructure, including representation, administration, and identity issues. Conclusion PM Modi’s visit to Manipur marks a pivotal moment in efforts to address a prolonged humanitarian and political crisis. While development projects may provide immediate relief, long-term stability will depend on reconciling competing demands, ensuring safe resettlement, and building trust between communities.   Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases PM Modi to Engage with Internally Displaced Persons in Churachandpur & Imphal During Manipur Visit Sada Law • September 13, 2025 • Live cases • No Comments Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Sada Law • September 13, 2025 • Live cases • No Comments Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil

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Trending Today Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 Violent Protests Erupt in Nepal, Army Deployed as India Issues Advisory and Flights Suspended Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil   Shivani Garg 13 September 2025 Introduction Nepal is witnessing a historic political shift as former Chief Justice Sushila Karki is set to be sworn in as the country’s interim Prime Minister, following weeks of violent protests and the resignation of Prime Minister K.P. Sharma Oli. Background The unrest began after the government imposed a ban on major social media platforms, sparking outrage among young people, especially Gen Z. Protests quickly expanded to broader grievances, including corruption, nepotism, and lack of accountability in governance. Demonstrations escalated into violent clashes, resulting in at least 30–50 deaths, hundreds injured, and the torching of key government buildings such as Parliament and Singha Durbar. With the crisis deepening, Prime Minister Oli resigned, creating a political vacuum that worsened instability and prompted urgent negotiations involving the President and the Nepal Army. Why Sushila Karki Was Chosen Sushila Karki served as the first female Chief Justice of Nepal’s Supreme Court (2016–2017). She is widely respected for her independence, integrity, and anti-corruption stance. Protest leaders and the public pushed for an interim figure perceived as clean, impartial, and credible—qualities strongly associated with Karki. Key Developments Karki has been officially appointed as interim Prime Minister. She will take her oath of office at the President’s residence. The interim government is tasked with stabilizing Nepal and preparing for general elections, tentatively expected within six months. Issues Restoring public order amid continued tensions. Curbing corruption and ensuring transparent governance. Addressing questions of legitimacy, including the scope of the interim government’s powers. Handling the potential dissolution of Parliament and securing cross-party political support. Current Status Nepal remains in a fragile and volatile state. The interim administration led by Karki is seen as a potential bridge to democratic renewal, but its credibility will depend on swift, visible action to restore public trust. Conclusion Sushila Karki’s appointment marks a historic moment in Nepal’s political landscape, reflecting both public anger at entrenched political elites and the demand for clean, accountable leadership. The coming months will test her ability to stabilize the country, restore confidence, and guide Nepal toward credible elections. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Sushila Karki to Be Sworn in as Interim PM Amid Nepal’s Political Turmoil Sada Law • September 13, 2025 • Live cases • No Comments Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Sada Law • September 13, 2025 • Live cases • No Comments Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence

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Trending Today Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 Violent Protests Erupt in Nepal, Army Deployed as India Issues Advisory and Flights Suspended Presidential Reference on Deadlines for Governors: Supreme Court Hearing – Day 9 Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence   Shivani Garg 13 September 2025 Introduction The killing of Charlie Kirk, a conservative activist and co-founder of Turning Point USA, has sparked a wave of political and national reactions in the United States. Former President Donald Trump publicly honored Kirk as a “martyr for truth and freedom” while attributing blame to what he termed “radical left political violence.” The incident has heightened concerns about political polarization and the rise of violence in America’s public sphere. Background Charlie Kirk’s profile: Co-founder of Turning Point USA, widely known in conservative circles for youth-focused activism. Incident: On September 10, 2025, Kirk was shot while speaking at Utah Valley University during his “American Comeback Tour.” He later succumbed to his injuries. Context: The attack follows rising tensions in U.S. politics, with recent incidents of threats and violence against political figures, including an attempted assassination of Donald Trump in 2024. Key Developments Trump’s statement: From the Oval Office and on Truth Social, Trump described Kirk as a “martyr for truth and freedom,” calling the killing “a dark moment for America.” Blame on the Left: Trump directly accused “radical left rhetoric” of fostering hostility, citing comparisons of conservatives to Nazis or extremists as contributing factors to violence. National mourning: Trump ordered U.S. flags flown at half-staff until Sunday evening. Investigation: Authorities have not confirmed a suspect or motive; inquiries remain ongoing. Issues Political framing: Trump’s remarks position Kirk’s killing within a larger narrative of left-wing hostility toward conservatives, reinforcing partisan divisions. Unconfirmed motive: Without official details, speculation about the shooter’s intent risks fueling misinformation. Escalation of violence concerns: The event raises alarms about security at political gatherings and the potential normalization of violence in politics. Current Status Public reaction: Leaders across the spectrum condemned the attack, though interpretations diverged. Conservatives highlight hostility toward their movement, while others urge caution against politicizing the tragedy prematurely. Law enforcement: The investigation continues, with no definitive suspect charged or motive disclosed as of now. Conclusion Charlie Kirk’s killing has become both a tragic loss and a politically charged moment. Trump’s characterization of Kirk as a martyr and his accusations against the “radical left” underscore how the event is shaping partisan discourse. While the nation mourns, the incident is likely to deepen political divides and reignite debates over rhetoric, accountability, and measures to curb political violence. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Trump Hails Charlie Kirk as ‘Martyr for Truth,’ Blames Radical Left for Violence Sada Law • September 13, 2025 • Live cases • No Comments Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge Sada Law • September 13, 2025 • Live cases • No Comments ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge

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Trending Today Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 Violent Protests Erupt in Nepal, Army Deployed as India Issues Advisory and Flights Suspended Presidential Reference on Deadlines for Governors: Supreme Court Hearing – Day 9 Supreme Court Questions Centre on Governors’ Inaction Over Bills Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge   Shivani Garg 13 September 2025 Introduction On September 10, 2025, Larry Ellison, co-founder of Oracle, briefly overtook Elon Musk as the world’s richest person following a dramatic surge in Oracle’s stock price. The spike, driven by strong earnings and AI-linked cloud deals, highlighted both Oracle’s growing role in global tech and the volatility of billionaire wealth rankings. Background Larry Ellison owns roughly 41% of Oracle, making his fortune closely tied to the company’s performance. In recent years, Oracle has shifted aggressively toward cloud computing and AI infrastructure, competing with Amazon, Microsoft, and Google. This transformation has been accelerated by multi-billion-dollar cloud contracts, including one with OpenAI. Key Developments Earnings Beat & Stock Surge: Oracle reported quarterly results far above expectations, sending its stock up 40–43% intraday, briefly pushing its market capitalization near US$1 trillion. Wealth Ranking Shift: Ellison’s net worth spiked to around US$393 billion, overtaking Musk’s estimated US$384–387 billion. Bookings Growth: Oracle’s future contract value (“bookings”) surged from US$138 billion to US$455 billion in a single quarter, signaling robust long-term demand. Share Buybacks: Oracle’s steady repurchase of shares over the years increased Ellison’s effective stake, amplifying his wealth during the surge. Why It Was Fleeting By the end of trading, profit-taking and investor caution moderated Oracle’s share price. Ellison’s wealth slipped below Musk’s again, putting him back in the No. 2 position on the Bloomberg Billionaires Index. Despite this pullback, Ellison remains far wealthier than most other billionaires. Issues & Signals AI Cloud Boom: The rally reflects investors’ conviction that AI-driven demand for cloud infrastructure will create new tech giants. Volatility of Wealth Rankings: Billionaire standings are highly sensitive to market swings, especially when fortunes are tied to concentrated holdings. Strategic Implications: Oracle’s massive bookings suggest a long-term shift in enterprise AI adoption, positioning Ellison’s company as a central player in the AI economy. Current Status Ellison: Net worth just under US$390 billion, No. 2 globally. Musk: Back at No. 1, with roughly US$387–388 billion. Oracle: Still significantly higher in valuation than before earnings, signaling strong investor confidence despite intraday volatility. Conclusion Larry Ellison’s brief rise above Elon Musk underscores how transformative AI-driven cloud deals are reshaping corporate valuations and billionaire rankings. While short-lived, the surge reflects Oracle’s successful pivot toward becoming a major AI-cloud infrastructure provider and signals that future wealth shifts in the tech sector may become more frequent as AI contracts reshape market power. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Larry Ellison Briefly Tops Elon Musk as World’s Richest After Oracle Stock Surge Sada Law • September 13, 2025 • Live cases • No Comments ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know Sada Law • September 13, 2025 • Live cases • No Comments HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Sada Law • September 13, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know

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Trending Today ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 Violent Protests Erupt in Nepal, Army Deployed as India Issues Advisory and Flights Suspended Presidential Reference on Deadlines for Governors: Supreme Court Hearing – Day 9 Supreme Court Questions Centre on Governors’ Inaction Over Bills UPSSSC PET 2025 Provisional Answer Key Released — Download Now & Raise Objections! ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know   Shivani Garg 13 September 2025 Introduction The Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITR) for Financial Year 2024-25 (Assessment Year 2025-26). This move provides relief to taxpayers facing challenges due to delays in updated ITR forms and utility tools. Background Original deadline for non-audit cases: 31 July 2025. Extended deadline: 15 September 2025. Applies mainly to individuals, Hindu Undivided Families (HUFs), salaried taxpayers, and others not requiring audits. Audit-required entities continue to follow later deadlines, such as 31 October 2025 or as specified. Extension was necessary due to technical delays in ITR forms, utilities, and system readiness. Key Developments New deadline: 15 September 2025. Reason for extension: Delay in release of updated ITR utilities and system readiness. Categories covered: Non-audit taxpayers (individuals, HUFs, etc.). Audit taxpayers: Continue under existing due dates. Penalties & Consequences (After 15 September 2025) Late Fees (Section 234F): ₹5,000 if income > ₹5 lakh. ₹1,000 if income ≤ ₹5 lakh. Interest (Section 234A): Payable on unpaid taxes from original due date until filing. Belated Return: Allowed until 31 December 2025. Updated Return (ITR-U): Can correct errors/omissions until 31 March 2030. Important Caveats Tax payment deadline unchanged: Final/self-assessment tax must still be paid by 31 July 2025, despite the filing extension. Correct ITR form mandatory: Wrong form = defective return. Documents to reconcile: Form 26AS, AIS, TDS/TCS statements. Avoid last-minute rush: System load/technical issues likely closer to deadline. Current Situation The extension provides short-term relief but does not defer tax liability. Taxpayers must ensure timely payment and accurate filing using the updated utilities. Professionals caution that delays in filing close to the deadline may still cause issues due to heavy portal traffic. Conclusion The extension to 15 September 2025 offers additional time for compliance, but taxpayers should remain proactive: pay taxes on time, use correct forms, and file early to avoid penalties, interest, or defective returns. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases ITR Filing Deadline for FY 2024-25 Extended to September 15 — What You Need to Know Sada Law • September 13, 2025 • Live cases • No Comments HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Sada Law • September 13, 2025 • Live cases • No Comments Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Sada Law • September 12, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push

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Trending Today HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut IIT Bombay Distances Itself After Controversial ‘Pyramid of Capitalist India’ Poster Apple Unveils iPhone Air, Announces iOS 26 Rollout on September 15 Violent Protests Erupt in Nepal, Army Deployed as India Issues Advisory and Flights Suspended Presidential Reference on Deadlines for Governors: Supreme Court Hearing – Day 9 Supreme Court Questions Centre on Governors’ Inaction Over Bills UPSSSC PET 2025 Provisional Answer Key Released — Download Now & Raise Objections! C.P. Radhakrishnan Elected 17th Vice-President of India with a 152-Vote Margin HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Shivani Garg 13 September 2025 Introduction On 10 September 2025, a landmark Technology Transfer Agreement (TTA) was signed in Bengaluru between ISRO, NewSpace India Limited (NSIL), IN-SPACe, and Hindustan Aeronautics Limited (HAL). The agreement, worth around ₹511 crore, hands HAL the responsibility of absorbing and producing India’s Small Satellite Launch Vehicle (SSLV). Background HAL emerged as the successful bidder after a competitive selection process, reflecting the government’s intention to expand private and public sector participation in the space domain. The SSLV, developed by ISRO, was specifically designed to meet rising global and domestic demand for cost-effective, small satellite launches. What Technology Is Being Transferred The SSLV is a three-stage, all-solid-propellant rocket designed to carry up to 500 kg payloads into Low Earth Orbit (LEO). It supports quick turnaround, on-demand launches, and can be launched from Sriharikota or the new Kulasekarapattinam complex. The transfer includes design, manufacturing, quality control, integration, launch operations, post-flight analysis, training, and support. Terms, Timeline & Scope HAL receives a non-exclusive, non-transferable licence for SSLV technology. Knowledge transfer and capability building will take place over two years, followed by a 10-year production phase under this agreement. Significance & Implications Strengthens India’s space commercialization push by transitioning HAL from a component manufacturer to a full-scale launch vehicle producer. Expands opportunities for MSMEs, startups, and supply-chain industries within India’s space ecosystem. Marks IN-SPACe’s 100th tech transfer agreement, symbolizing momentum in India’s space reforms. Boosts India’s ability to tap into the growing global demand for small satellite launches. Current Status The technology transfer process has begun, with HAL set to complete absorption within two years. Production activities are expected to scale up thereafter, positioning HAL as a critical player in India’s small satellite launch market. Conclusion The SSLV technology transfer to HAL represents a strategic milestone in India’s space sector reforms. It underscores ISRO’s shift toward enabling industry-led launch services and reflects India’s ambition to emerge as a global hub for small satellite launches, with HAL playing a pivotal role. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases HAL Inks SSLV Tech Transfer Deal with ISRO, Boosting India’s Private Space Push Sada Law • September 13, 2025 • Live cases • No Comments Kerala Karunya Plus KN-589 Lottery: ₹1 Crore First Prize Winner Announced for September 11, 2025 Draw Sada Law • September 12, 2025 • Live cases • No Comments Mahindra XUV700 Price Slashed by Up to ₹1.43 Lakh After New GST Cut Sada Law • September 12, 2025 • Live cases • No Comments 1 2 3 … 5 Next »

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