'Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.'
Bengaluru-based Nestaway's co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal complaint against its investors. The investors have approached the Orissa High Court, seeking to quash the FIR filed in September last year with the Bhubaneswar Police. The next hearing of the matter is scheduled for January 9.
At the end of the day, Stalin expressing solidarity with an arrested colleague is one thing, especially if he too felt that the minister had been wronged, but for him to retain the person in office sets a bad precedent, which would not go unnoticed by voters, points out N Sathiya Moorthy.
The Tamil Nadu government on Friday announced Tamil Thaai Vaazhthu, an invocation sung in praise of mother Tamil, as the state anthem and directed that all present during its rendition should remain standing.
The judge summoned Birla as one of the accused in the case.
