Browsing: Dr. Sudhir Ruparelia

Double Tragedy! Court Orders Simbamanyo To Pay Shs1.3b In Legal Costs To Equity, Sudhir, Luwaluwa

The Commercial Court has ordered Simbamanyo Estates Limited and its proprietor Peter Kamya to pay Shs 1.3 billion in legal costs to Equity Bank Uganda Limited and two business firms; Meera Investments Limited and Luwaluwa Investments Limited. In the ruling, the Commercial Court Registrar, Mr Elias Kisawuzi ordered Simbamanyo and Kamya to pay Shs 600…

President Museveni Meets India’s Min. Muraleedharan, Praises Indian Community & Pledge To Continue The Friendship

President Yoweri K. Museveni has pledged the country’s continued friendship with India, its people, and the Indian Community in Uganda. He said this in the meeting with India’s Minister of State for External Affairs V. Muraleedharan. During their meeting, the two countries agreed to a partnership to provide affordable solar power and promote rural power…

ONSPOTLIGHT! BoU’s Head of Legal Kaggwa Under Fire As Sudhir’s Lawyers File Application In High Court Over Constant & Deliberate Refusal To Be Served

Following the Central Bank head of legal Margaret Kaggwa Kasule’s constant and deliberate refusal to sign and to be served, court documents in connection with illegal liquidation of the assets of Crane Bank while in receivership by Bank of Uganda, lawyers representing city businessman Sudhir Ruparelia have filed an application in the High Court against…

‘Start Small & Work Hard. Don’t Borrow For Real Estate Development Until You Have Four Properties’ – Dr Sudhir

Property Mogul Dr Sudhir Ruparelia has shared from his wealth of experience in real estate development, advising potential developers not to rush into borrowing until they are able to finance their loans. Sudhir made remarks earlier this morning while appearing on Uganda Revenue Authority’s e-Bomba Business Summit as one of the key note speakers on…

Trouble Looms! Tycoon Sudhir Sues Embattled BoU Legal Counsel Margaret Kasule Over Contempt Of Court

In the wake of events surrounding the Supreme Court decision to nullify the liquidation of Crane Bank Limited, Businessman Sudhir Ruparelia has through his legal team led by Kampala Associated Advocates sued the head of Bank of Uganda’s (BOU) Legal department Margaret Kaggwa Kasule for contempt of Court. According to Sudhir, Kasule has on many…

Done & Dusted: Tycoon Sudhir Renames His Simbamanyo Building ‘Gender & Labour House’

City tycoon Sudhir Ruparelia has renamed Simbamanyo House—located at Plot 2 Lumumba Avenue—Gender & Labour House after the court confirmed him as the rightful owner. The building, now under the management of Meera Investments Ltd, a real estate arm of his Ruparelia Group houses the Ministry of Labor, Gender and Social Development among other tenants.…

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