Share whatsapp Flybe listing to take off in December Show Comments ▼ Tuesday 30 November 2010 8:17 pm Tags: NULL KCS-content whatsapp REGIONAL airline Flybe yesterday announced plans to list in London in December in a bid to raise £60m.The initial public offering (IPO) would value the budget carrier, Europe’s largest regional airline, at about £240m and marks another stride in its ambitious growth strategy. “We are delighted to bring Flybe to the market. The company has come a long way in a short time,” said Flybe’s chairman and chief executive Jim French. The company said the flotation proceeds would provide capital both to grow its fleet of aircraft and to strengthen its cash position, to give it greater “strategic flexibility to pursue additional growth opportunities,” it said. These could include strategic arrangements with European airlines but also acquisitions. The news ends weeks of speculation, with reports suggesting 25 per cent of the business could be floated. Exeter-based Flybe has chased growth opportunities in recent years, buying British Airways’ regional UK business, BA Connect, in 2007 in a deal that doubled the company’s size.In July, it announced that it had ordered and secured options on up to 140 new aircraft with manufacturer Embraer for up to $5bn (£3.2bn). It has indicated its wish to list several times since 2005 but delayed plans due to the acquisition and then difficult market conditions.It is one of just a few European airlines to report profits throughout the recession, with turnover of £570.5m and £5.7m profit before tax in the year to March 2010. It now services 215 short-haul and niche routes.FAST FACTS | FLYBE65 per cent owned by Rosedale Aviation Holdings; family trust for Jack Walker.16 per cent employee-owned.BA retains a 15 per cent stake and will buy enough new shares to maintain that stake.BANK OF AMERICA MERRILL LYNCHJUSTIN ANSTEE FLYBE has hired Bank of America Merrill Lynch as sole sponsor, global coordinator and bookrunner on the offer, with Investec and Execution Noble as managers.Justin Anstee (pictured), head of EMEA transport, business services and infrastructure investment banking at BoA Merrill Lynch, is lead adviser. He joined the firm in 2000, and has advised British Airways on its merger with Iberia and National Express on its defence against multiple bids. Rupert Hume-Kendall, global capital markets chairman at BoA Merrill Lynch, is the capital markets banker. He has led the funding of clients including BT, RBS, ICI, WPP, Lloyds, Diageo, Standard Life and Banco Santander. In 2008, among others, he led two rights issues for RBS that raised $24bn and $35bn respectively. Prior to joining Merrill Lynch in 1998 he was syndicate head at UBS, and prior to that worked at Schroders. A lover of golf, water-skiing and running, he holds an economics masters degree from the LSE and is a member of Annabel’s. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo
Aakash Educational Services, has announced the onboarding of ace cricketer Yuvraj Singh as its brand ambassador. Yuvraj Singh had recently announced that he will be making a comeback in the domestic competitions. The swashbuckling all-rounder had retired from all forms of cricket in June last year, having last turned out for India in 2017.The cricketer has come on board to help promote the company and its various brands including Aakash Institute, Aakash IIT-JEE, Aakash Digital and Meritnation. Singh will lead the brand’s latest omni-channel ‘Success is Waiting’ campaign for Aakash Digital. CricketLatest Sports NewsSports Business by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’Suresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’The campaign will be in the form of a film that strives to inculcate the route to celebrate failure while bouncing back with all the more determination, strength and focus.“I connect with Aakash as they train students to never give up and offer a helping hand to them in cracking such tough entrance exams. The theme of the film too in a way mirrors the journey of my life. Through the film I want to tell the students that when the world calls you a failure, you call yourself a success,” Singh said.The campaign with Yuvraj Singh is conceptualised in partnership with Cheil India, the campaign will be for students re-appearing for medical and engineering entrance examinations. It intends to inspire such students to give it another try and will be visible through the digital medium. The film unfolds as a long walk with Singh, capturing the protagonist’s highs and lows in life. He walks past a set of cricket stumps uprooted, past trophies and medals. Interspersed with the shots, we see school kids studying, looking into a mirror with determination or at times looking unsure.The communication has been designed around the comeback story of the cricketer since he was the ideal fit to drive home the message effectively as the company needed an inspiring comeback story of a sportsperson, with the core messaging of ‘come back stronger’.Aakash Choudhary, director and chief executive officer, Aakash Educational Services, said, “We are pleased to make Yuvraj Singh a part of the Aakash Family. Striding on Yuvraj’s popularity amongst the youngsters and his path breaking success story and inspiring comeback, we are sure that he will inculcate the route to celebrate failure while bouncing back with all the more determination, strength and focus.” Yuvraj Singh roped in as brand ambassador of Aakash Education WTC Final: Sunil Gavaskar reacts to Ajinkya Rahane dismissal says, ‘Only explanation is that he was going for his fifty’ Cricket By Kunal Dhyani – September 24, 2020 Cricket Cricket PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptop Euro 2020, Italy vs Wales LIVE: Verratti returns for Italy, Ampadu starts for Wales, check full line-ups; Follow Live Updates, YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsored WTC Final Day 3 LIVE Score: Latham, Conway frustrate India bowlers; NZ 57/0 (30 ovs)- Follow Live Updates Football TAGSMumbai Indians Yuvraj SinghYuvraj SinghYuvraj Singh Aakash EducationYuvraj Singh in IPLYuvraj Singh making a comeback SHARE Football Previous articleACCA vs ROS ECS T10 Cartaxo 2020 LIVE: Dream11 Amigos CC Ansiao vs Rossio CC Dream11 Team Prediction, Team Squads, Match PredictionNext articleOEI vs RCL ECS T10 Cartaxo 2020 LIVE: Dream11 Oeiras CC vs Royal Lisbon Dream11 Team Prediction, Team Squads, Match Prediction Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Facebook Twitter Cricket RELATED ARTICLESMORE FROM AUTHOR Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Cricket Euro 2020, Switzerland vs Turkey LIVE: Must-win game for both teams, Kickoff at 9.30PM IST; Follow Live Updates Cricket Football Cricket WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know WI vs SA 2nd Test Day 3 Live: Start delayed due to wet outfield, SA lead by 149 runs – Follow Live Updates Share on Facebook Tweet on Twitter Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country
LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS TAGS: Highlight In a collision sport, those players who can evade opposition defenders with guile, deception and footwork that would put John Travolta to shame are few and far between. RW spoke to England’s hot-stepper in residence, Jonathan Joseph, who named his best steppers in the game, past and present…Jason Robinson Caps 51 Tries 28 A rugby league legend with Wigan before switching codes, in six years Jason Robinson appeared in two World Cup finals, was a scorer in a Lions Test Series and lies fourth on England’s all-time top try-scorer list.Billy Whizz: Jason Robinson gives the Springboks the runaround“Back in the day Jase had some blistering footwork. He was very explosive, which meant he could virtually bounce round players. He was very instinctive, and sometimes I don’t know if even he knew where he was heading, but he was a proven match-winner.”Semesa Rokoduguni Caps: 1 Tries 0One of the best finishers in the Aviva Premiership, Semesa Rokoduguni has 29 tries in 64 appearances for Bath and is currently touring with the England Saxons, where he scored a superb individual try last weekend.Touchdown: Semesa Rokoduguni is a scorer of spectacular tries“My Bath buddy, Roko, has great feet. He can bounce you, step you, run round you, or just run through you – he’s very powerful. He’s rapid too, and can step off both feet and sit defenders down. I’m glad I play with him because he’s extremely difficult to defend against.”Quade Coooper Caps: 58 Tries: 8Currently in Toulon, but rumoured to be heading back to the Queensland Reds, Quade Cooper’s offensive gifts have never been in doubt but currently finds himself out of the Test reckoning and in recent months failed to make the Olympic Sevens squad. Jonathan Joseph was speaking ahead of the Laureus King Power Polo Cup and features in the current issue. For the latest Rugby World subscription offers click here Crowd pleaser: Quade Cooper is a gifted playmaker for the Wallabies“There’s no doubt Quade Cooper can step. He’s all about the flair. If the old goosestep works he has defenders falling on their backsides. His flicks, twists and turns are perfect for the You Tube generation. Ridiculously gifted.”Nehe Milner-Skudder (New Zealand) Caps: 8 Tries: 8The talented World Cup-winning wing from Taihape made his debut in 2015, and was scoring at the rate of a try a game. Nehe Milner-Skudder been cut down by injury for this Super Rugby season.Runaway success: Nehe Milner-Skudder pulls away from the Wallaby defenders“Nehe burst onto the scene last year before the World Cup and he has a sensational right-foot step. He sets the defender, and disguises his step really well – there’s not much of a build up to it and then he changes pace so effortlessly. He’s brilliant to watch.”Shane Williams Caps: 85 Tries: 58A Welsh legend, he is fourth on the all-time international try-scoring list. A once-in-a-generation player, Williams played in three Lions tours and was a nominee for World Player of the Year in 2008.Dancing feet; Shane WIlliams could step his way out of a phone box“Shane retired just as I started to come through but he had real pace and an electric sidestep. I’m told he was a former gymnast, which meant he was extremely springy which helped when he was in one-on-one situations. He had a low centre of gravity, was hard to get hold of and his try record, shows he was a superb finisher.” Everybody loves a player who can step round opponents in the blink of an eye and Jonathan Joseph, owner of some sharp footwork himself, names a few masters of the art
Area: 340 m² Year Completion year of this architecture project Tai Tapu House / AW Architects Collaborator:Richard MeltonStructural Engineer:QuoinContractor:Avon Dickie ConstructionLighting Designer:Jane PurdueCity:Tai TapuCountry:New ZealandMore SpecsLess SpecsSave this picture!© Marc ScowenText description provided by the architects. The Tai Tapu house is situated on a west facing hill on the lower slopes of the port hills, about 5kms out of Tai Tapu. The site is within the Outstanding Natural Landscape zone and was subject to a rigors resource consent process in regards to its visual impact.Save this picture!© Marc ScowenThe house is sited to stretch contour to contour in a north-south direction, with the main aspect facing west. The building is nestled into the land, bunkering in allowing the prevailing easterly wind to roll over the top of the house. Landscape walls grow from the contours to create the lower garage and driveway level, with the main form over. Upper-level landscape walls create a shelter external courtyard as protection from the north-west wind.Save this picture!© Marc ScowenThe material palette emphasizes the sculptural form – a slick black wedge of Swiss Pearl expressed panels, with has areas of relief cut into it in monolithic white. The retaining walls are treated in a monolithic natural plaster rising out of the landscape. Timber decking and flooring brings warmth to the material palette. The landscaping is purposefully raw, with little planting. As the natural grass grows back it will be basically managed to allow the house to seat into the environment.Save this picture!First Floor PlanSave this picture!North ElevationThe house is planned to create a sense of arrival at the ground floor level, with the practicality of a mudroom and coats store with seating provided for amenity. The stairs are orientated to offer the dramatic west view as you rise to the first floor. On the first floor, a corridor extends down the eastern wall – with bedrooms to the south and opening to the north with open plan kitchen/ dining & living. The house forms frame views to the south (from master bedroom) and west (from dining living). Save this picture!© Marc ScowenProject gallerySee allShow lessRural Retreat / Utz Sanby ArchitectsSelected ProjectsValby Machinery Halls: Montagehallen / C.F. MøllerSelected Projects Share New Zealand 2018 Lead Architect: Year: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912159/tai-tapu-house-aw-architects Clipboard CopyHouses•Tai Tapu, New Zealand “COPY” Architects: AW Architects Area Area of this architecture project Tai Tapu House / AW ArchitectsSave this projectSaveTai Tapu House / AW Architects Save this picture!© Marc Scowen+ 25Curated by Paula Pintos Share “COPY” Andrew Watson ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912159/tai-tapu-house-aw-architects Clipboard Photographs: Marc Scowen, Baptiste Marconnet Manufacturers Brands with products used in this architecture project Manufacturers: APL NZ, Caesarstone, Pacific Build Supply NZ, Plytech, Listen Giordano Engineered Projects ArchDaily Photographs Houses CopyAbout this officeAW ArchitectsOfficeFollowProductsWoodStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesTai TapuNew ZealandPublished on March 05, 2019Cite: “Tai Tapu House / AW Architects” 05 Mar 2019. ArchDaily. Accessed 11 Jun 2021.
10th anniversary Ludlow homelessness awards shortlist announced AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Awards Howard Lake | 9 July 2008 | News Six projects working with homeless people are in line to win a share of £26,000 as the shortlist for the 10th anniversary Andy Ludlow Homelessness awards is announced today by London Councils.Amongst the six shortlisted projects are an initiative to provide behavioural therapy for homeless people; a charity helping the homeless regain their self-esteem through opera music, and an organisation providing sport for disadvantaged people.The Andy Ludlow Awards recognise projects that improve services to homeless people, prevent homelessness, or tackle disadvantage caused by homelessness.The annual awards are open to registered social landlords, housing and social service departments, NHS trusts and voluntary organisations in London. The winner will receive £10,000, with £5,000 going to each of the three runners-up and a further £500 going to remaining shortlisted projects.The six organisations shortlisted for their projects are Prisoners Abroad, Street League, Streetwise Opera, Thames Reach Shift Project, Vision Housing, and Westminster Council.Last year’s winner was the St Giles Trust, a Southwark-based charity working to support ex-prisoners.The winners will be announced at an awards ceremony on 9 October 2008.www.londoncouncils.gov.uk/ludlow 22 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
News News IranMiddle East – North Africa After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists RSF_en March 18, 2021 Find out more Receive email alerts Help by sharing this information February 25, 2021 Find out more Organisation to go further August 24, 2011 – Updated on January 20, 2016 Interview with Nikahang Koswar, editor of collective news website Khodnevis.org Iran: Press freedom violations recounted in real time January 2020 Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists Nikahang Koswar is an Iranian journalist and cartoonist who was forced to flee his country in 2003 for trying to sketch too realistic a portrait of the society fashioned by Ayatollah Ali Khamenei.Now living in Canada, Nikahang launched Khodnevis.org, a collective news website, in December 2009 in order to continue the fight for freely reported news and information and “to give a voice to the voiceless.” He regards exile as a way to independence and believes that a free and critical press is the best way to “keep (politicians) humble.” News June 9, 2021 Find out more Follow the news on Iran IranMiddle East – North Africa News
The Limerick man will face trial at the Central Criminal Court in Dublin later this yearA LIMERICK man has been sent forward for trial to the Central Criminal Court on 67 counts of raping three males and one female at addresses on the Northside of the city over an 11 year period.The 44-year-old who can not be named for legal reasons was present in court as he was served the book of evidence relating to the alleged incident which are said to have occurred on various dates between 1991 and 2002.The accused man with an address in the city, was represented by John Herbert solicitor. The 44-year-old was also given the alibi warning before the court where he must inform gardai of any defence witnesses he intends on calling.Sign up for the weekly Limerick Post newsletter Sign Up Judge Mary Larkin remanded the accused on continuing bail to appear before the next sitting of the Central Criminal Court in Dublin. Previous articleWin cinema ticketsNext articleFinance Minister to address Brexit at major public meeting Staff Reporterhttp://www.limerickpost.ie Email WhatsApp Advertisement Print Linkedin NewsLimerick man faces 67 rape allegationsBy Staff Reporter – March 1, 2017 909 Twitter Facebook
Google+ RELATED ARTICLESMORE FROM AUTHOR Almost 10,000 appointments cancelled in Saolta Hospital Group this week By News Highland – December 7, 2012 Sinn Fein are to host a series of public meetings across Donegal to mobilise opposition to Budget 2013.A meeting will be held at 8 o clock tonight in Gallaghers Hotel, Letterkenny there is a meeting in Dungloe tomorrow night, Donegal Town on Sunday and Ballybofey on Monday.A further meeting will be held in Buncrana next week.Donegal Deputy Pearse Doherty says people need to oppose the family home tax, because once the legislation is introduced by the Government, their will be no way people can avoid paying it:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/12/pea830MOBILE.mp3[/podcast] Google+ News Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Sinn Fein seek to mobilise opposition in Donegal to Budget 2013 Facebook Pinterest WhatsApp Twitter Twitter Previous articleCalls for Council to support divers trainingNext articleBudget 2013 protest in Letterkenny on Saturday News Highland Pinterest Need for issues with Mica redress scheme to be addressed raised in Seanad also Calls for maternity restrictions to be lifted at LUH Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey WhatsApp
News UpdatesVictim Of False Rape Accusation: Chennai Court Awards Man Rs 15 Lakh As Compensation Who Faced Trial For Over 7 Yrs Sparsh Upadhyay22 Nov 2020 9:02 AMShare This – xA Chennai court (XVIII Additional City Civil Court, Chennai) has awarded ₹15 lakh as compensation to a man named Santhosh, who was arrested on charges of rape (when he was a College student) and was made to face trial for over 7 years.The XVIII Additional Judge, City Civil Court, Chennai Dr. R. Sathya Santosh was hearing a suit filed by the plaintiff, Santosh under Order VII, Rule 1 CPC…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA Chennai court (XVIII Additional City Civil Court, Chennai) has awarded ₹15 lakh as compensation to a man named Santhosh, who was arrested on charges of rape (when he was a College student) and was made to face trial for over 7 years.The XVIII Additional Judge, City Civil Court, Chennai Dr. R. Sathya Santosh was hearing a suit filed by the plaintiff, Santosh under Order VII, Rule 1 CPC for directing the defendants (Woman and her mother) to jointly and severally to pay him, a sum of Rs.30, 00,000/ as damages and for cost.Speaking to Live Law, Petitioner Santhosh’s lawyer A Sirajudeen said that the Judgment Dated Thursday (23rd January 2020) was pronounced in the open court on Saturday (1st February 2020), but was released online only last week i.e., more than 9 months after the same was delivered. However, he is yet to get the certified copy of the Judgment.Background of the CaseAfter he was acquitted in the case, as the DNA test proved that he was not the father of the child, whom the alleged victim-woman delivered, Santhosh filed a compensation suit against her while contending that she had falsely accused him of raping and impregnating her.In the suit filed against the woman and her mother, it was prayed by the Petitioner Santhosh that the false rape charge had ruined his career and life.Speaking to Live Law, Santhosh’s lawyer A Sirajudeen said that Santhosh and the woman’s family were neighbours and since they belonged to the same community, it was agreed between the families that Santhosh would marry the woman.Later on, following a property dispute, the relationship between both the families became strained and the plaintiff and his family members left the house and shifted to Mogapair West and the plaintiff joined B.Tech (IT) in SRR Engineering College, Padur, OMR, Chennai.However, in 2009, the woman’s mother came to his house and claimed that he had impregnated her daughter and demanded that the families arrange their marriage immediately but Santhosh and his family refused to marry her and said that he was not the one who impregnated her.Thereafter, a report was lodged with the false information against the plaintiff Santhosh and the police registered an FIR in Cr.No.874/2009 against Santhosh for an offence punishable under section 417, 376 IPC.In connection with the said FIR, he was arrested in November 2009 and he remained in custody for 95 days and came out only in February 2010, by then the woman had delivered a baby girl.The Case went for trial, and the court directed the taking of blood samples with precaution and the result of the DNA test reported that the plaintiff was not the father of the child and the said report was marked as defence document in the trial court and on 10.02.2016 the Mahila Court, Chennai acquitted the plaintiff of the charges.Court’s OrderConsidering the report and evidence placed through material evidence by the plaintiff, the Court formed a view that the 1st (Woman) and 2nd defendant (Woman’s Mother) are responsible for the malicious complaint levelled against the plaintiff Santhosh.The Court further observed that the plaintiff could prove that the 1st and 2nd defendant had made a false complaint and based upon which the plaintiff was prosecuted.The Court also noted that the false complaint of the 1st and 2nd defendant damaged the reputation of the plaintiff and the plaintiff could not get a badge for driving a commercial vehicle in view of the pendency of the false case and had suffered loss and had spent huge money on legal fees apart from confinement in prison for 95 days and faced trial in respect of the criminal a case for nearly 7 years.Noting the circumstances, the Court said,”This Court is of the considered view that the plaintiff has proved the damage to his reputation and the pecuniary loss through material evidence both oral and documentary and is entitled to damages.”The Court ordered,”The defendants 1 and 2 are liable to pay the damages to the plaintiff and the suit is decreed partly directing the defendants 1 and 2 to jointly and severally to pay the plaintiff the damages of Rs.15 lakhs to the plaintiff.”In the result, the suit was decreed partly and the defendants 1 and 2 were directed jointly and severally to pay the damages of a sum of Rs.15 lakhs to the plaintiff with costs.Click Here To Download Order[Read Order]Next Story
Home » News » Marketing » OnTheMarket to end mutual status and float on AIM previous nextMarketingOnTheMarket to end mutual status and float on AIMPortal announces bid to raise £50m from the City and asks agent members to become shareholders.Nigel Lewis4th August 2017035,983 Views The parent company of OnTheMarket.com, Agents’ Mutual, is to raise £50m by floating on the Alternative Investment Market (AIM) of the London Stock Exchange 30 months after the mutually-owned property portal launched.The flotation will value OnTheMarket at between £200 million and £250 million, a sixth the size of nearest rival Zoopla.Much of the money raised from the City will be spent on a huge TV, radio, print and digital advertising campaign to raise awareness among consumers and, no doubt, stop agents jumping ship back to Zoopla.OnTheMarket’s flotation will also require existing agents who list on the site to convert their membership into ordinary shares in the new company, and commit to a further five year agreement to list their properties on OnTheMarket.com.“This is the beginning of a very exicting new chapter in our development,” says Agents Mutual Chief Executive Ian Springett (pictured, left).“For consumer and agents alike we are committed to creating a genuine agent-controlled alternative challenger business and brand to the two leading incumbent portals.”A minority stake will be offered to investors as part of the Initial Public Offering (IPO) of new equity which will be used to give OnTheMarket the sort of marketing muscle and backing that its rival Zoopla and Rightmove enjoy.OnTheMarket.com, which is the third largest property portal in the UK by visitor numbers, faces several obstacles in its bid to launch on AIM, during which it is being supported by brokerage Zeus Capital.Member voteThe key one is Agents’ Mutual must gain the support of its 2,700 member agents, many of whom may resist the allure of joining the City bandwagon and the transparency and regulatory burdens this brings.But should Ian Springett be able to convince members a flotation is a good idea, the money will also be spent on expanding the portal’s estate agent account management and sales teams and improving its technology offering.Agents’ Mutual will have to reorganised to become a public limited company and instead of being individual members will instead receive shares, the number of which will depend on how long they have listed with the portal, and the level of fees paid and investment made. A vote on this is expected on 6th September.Onthemarket floating onthemarket flotation Ian Springett onthemarket aim listing OnTheMarket.com OnTheMarket OTM agents mutual flotation agents mutual stock market agents mutuatl aim Agents’ Mutual August 4, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021