By next year, around 208,000 square meters from 15 projects will enter the office market. But as the Covid-19 pandemic has prompted companies to downsize and reduce operating costs, the downward trend in office space demand is set to continue, the report said. … [Read more...] about Covid-19 shadows as Hanoi real estate market recovers
Commission advance real estate
NCLT terms developer’s advance to landlord ‘operational debt’ under IBC
MUMBAI: In a precedent-setting verdict, the National Company Law Tribunal has held that a real estate company’s advance to the owner of property for the proposed development qualifies as an operational debt under the Insolvency and Bankruptcy Code (IBC).The tribunal has admitted a petition filed by Sunteck Realty against Goodwill Theatres for initiating a corporate insolvency resolution process and has also declared a moratorium under Section 14 of the IBC.In August 2018, both the entities had executed a term sheet after the property owner, Goodwill Theatres, approached Sunteck Realty for the redevelopment of a property in South Mumbai.Following this, Sunteck Realty had paid Rs 2.51 crore as an advance to the landlord for the proposed redevelopment. The term sheet included a clause stating that in case of failure to execute the development management agreement (DMA) within 60 days, the pact will stand terminated automatically.As per the terms, the termination could be avoided if … [Read more...] about NCLT terms developer’s advance to landlord ‘operational debt’ under IBC
Commerce Commission complaint lodged over ‘misleading’ New World Smeg knife block promotion
He said if New World promised to get in more stock to meet demand, “the vast majority would say ‘that’s not good enough, but we will accept it’. But this is like allowing people to earn Airpoints, and not having enough flights for them to redeem the points on. … [Read more...] about Commerce Commission complaint lodged over ‘misleading’ New World Smeg knife block promotion
Advanced Energy Expands Market-Leading RF Power Generator to Meet Critical Needs of Semiconductor and Industrial Manufacturers
The Paramount platform's digital architecture provides precise power management and streamlines new function integration without the need for hardware changes. Full digital control provides dynamic, real-time detection of plasma changes and delivers high-power output with repeatable performance. The digital interface enables synchronization with other RF power generators and provides seamless connection to AE's market-leading line of Navigator and Navigator II digital matching networks, together, the most widely used plasma power delivery solution in the semiconductor industry. … [Read more...] about Advanced Energy Expands Market-Leading RF Power Generator to Meet Critical Needs of Semiconductor and Industrial Manufacturers
Extremist Militia Members Conspired To Storm The Capitol Days In Advance
On Jan. 1, he replied to another Facebook comment, saying, "I swore to support and defend the Constitution of the United States against all enemies foreign and domestic. I did the former, I have done the latter peacefully but they have morphed into pure evil even blatantly rigging an election and paying off the political caste. We must smite them now and drive them down.” … [Read more...] about Extremist Militia Members Conspired To Storm The Capitol Days In Advance
