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Tag Archives: Sudhir

What Next for Sudhir and BOU?

Kampala, Uganda | THE INDEPENDENT | The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. There were concerns about the financial implications of …

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Crane Bank reverts to tycoon Sudhir

Kampala, Uganda | THE INDEPENDENT | The Supreme Court has this morning ruled that Crane Bank ownership reverts to businessman Sudhir Ruparelia, in a judgment that puts an end to a five-year legal battle preceded by the closure of the Bank The judgment was made this morning as the court …

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BOU withdraws appeal against Sudhir

  BOU Governor Tumusiime Mutebile (left) and former Cranes Bank boss Sudhir Ruparelia (right). Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has withdrawn an appeal in their case – Crane Bank (In Receivership) against Sudhir Ruparelia and Meera Investments Limited. “Take notice that the appellant does not intend …

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Supreme Court victory for Sudhir in BOU application

Kampala, Uganda | THE INDEPENDENT | Supreme Court Justices Rubby Opio-Aweri, Faith Mwondha, Dr Lillian Tibatemwa, Ezekiel Muhanguzi and Percy Night Tuhaise have dismissed with costs an application by Bank of Uganda to substitute Crane Bank (In Receivership) with Crane Bank (In Liquidation) in a pending appeal. (Click to read full …

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Sudhir’s new condominium property launched

This comes at a time the property market is slowly recovering from coronavirus pandemic hit   Kampala, Uganda | JULIUS BUSINGE | Kampala has an additional condominium property that is open for those searching for high end homes with services that meet their living expectations – Bukoto Living Condo Project. …

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Sudhir Ruparalia gets AstraZeneca jab

City tycoon Sudhir takes COVID-19 jab Kampala, Uganda | JULIUS BUSINGE |  More prominent Ugandan leaders are taking lead in receiving COVID-19 vaccine jabs contrary to earlier reports that the move would endanger people’s lives. City tycoon, Sudhir Ruparalia, on March 25, received his first shot of the AstraZeneca vaccine joining …

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