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Posted
1 hour ago, RevidgeBlue said:

So do we know what happened with the case yesterday?

 

58 minutes ago, Crimpshrine said:

Nothing posted on court website yet. Usually takes a day or two to catch up.

The order is yet to be published so we don’t know what (if anything) happened but it’s listed to be in court again on Wednesday. 

 

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Posted
42 minutes ago, wilsdenrover said:

 

The order is yet to be published so we don’t know what (if anything) happened but it’s listed to be in court again on Wednesday. 

 

That seems a much quicker court follow up appearance than it has been in the past, maybe something has actually happened, apart from the standard adjournment?

Posted
2 minutes ago, davulsukur said:

That seems a much quicker court follow up appearance than it has been in the past, maybe something has actually happened, apart from the standard adjournment?

🤷‍♂️ hopefully we’ll find out soon.

 

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Posted
16 minutes ago, davulsukur said:

That seems a much quicker court follow up appearance than it has been in the past, maybe something has actually happened, apart from the standard adjournment?

Cue firing squad being issued with rifles..

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Posted (edited)

Point 3 is the interesting one for me, this complaint (if I’ve understood the procedure correctly) is the ED saying to the Adjudicating Authority that they believe the Venkys have a case to answer (re their investigation).

Respondent no 2 is the Directorate of Enforcement. 
 

edited to add:

Just checked and it’s listed as the sixth case to be heard on Wednesday - who thinks I need to set my alarm??

Edited by wilsdenrover
Posted
40 minutes ago, wilsdenrover said:

Point 3 is the interesting one for me, this complaint (if I’ve understood the procedure correctly) is the ED saying to the Adjudicating Authority that they believe the Venkys have a case to answer (re their investigation).

Respondent no 2 is the Directorate of Enforcement. 
 

edited to add:

Just checked and it’s listed as the sixth case to be heard on Wednesday - who thinks I need to set my alarm??

Could Wednesday's edition be that the Vs say "oh no we don't"...? 😉 

(thanks for keeping us up to date - feels like being a kid again waiting for next weeks installment or the new season of a show after a few months... 🤣)

Posted

If the ED think there is a case to answer they seem to have a 95 per cent success rate in their pursuit of bringing a case.

Posted
1 hour ago, Roverthechimp said:

Could Wednesday's edition be that the Vs say "oh no we don't"...? 😉 

(thanks for keeping us up to date - feels like being a kid again waiting for next weeks installment or the new season of a show after a few months... 🤣)

They need to ‘defend’ themselves to the Adjudicating Authority but them saying they intend to do so (if indeed they do*) may well get brought up on Wednesday.

* I think we all know they will.

Re your new show analogy - do you think we’re at the stage where we know it will be shit but we’re sticking with it anyways 😁😁

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Posted
58 minutes ago, Rogerb said:

If the ED think there is a case to answer they seem to have a 95 per cent success rate in their pursuit of bringing a case.

Please don’t let the Venkys be part of the 5%.

 

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Posted

I just had a phone call from a trusted source close who claims:

“ I understand venkys are to be heavily fined for financial misconduct and will have penalties added to their business and associated companies.”

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Posted
13 minutes ago, Mike Graham said:

I just had a phone call from a trusted source close who claims:

“ I understand venkys are to be heavily fined for financial misconduct and will have penalties added to their business and associated companies.”

Does this enable anyone to revisit their" fit and proper" status?  (Thought not..)

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Posted
20 minutes ago, Mike Graham said:

I just had a phone call from a trusted source close who claims:

“ I understand venkys are to be heavily fined for financial misconduct and will have penalties added to their business and associated companies.”

IMG_2421.jpeg.b26b5d25b588df37ef46d3efe9ff02a9.jpegIMG_2422.jpeg.0035fee5a76196c16ecc3f935049e521.jpeg

Posted (edited)
16 minutes ago, Leonard Venkhater said:

Does this enable anyone to revisit their" fit and proper" status?  (Thought not..)

It may depend on whether any decision by the Adjudicating Authority is deemed to be a conviction (I don’t think it will be).

If it was, they may be caught by 2.1.8(b)(i) of the Owners’ and Directors’ Test (under disqualify event)IMG_2424.jpeg.b38d2075c46fb511833e895506e7f3dd.jpeg

 

Edited by wilsdenrover
Posted

If they have/will be fined for illegal financial activity, even if the "Fit and Proper Test" doesn't demand a sale, it is more than enough to create a movement with a concretely evidential reason for their removal. One which local MPs would be able to take a solid and non-political position on.

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Posted
1 minute ago, DutchRover said:

If they have/will be fined for illegal financial activity, even if the "Fit and Proper Test" doesn't demand a sale, it is more than enough to create a movement with a concretely evidential reason for their removal. One which local MPs would be able to take a solid and non-political position on.

Local MP's...Well, that's a laugh....

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