The Mauritius Development Investment Trust Co. Ltd ( 2020 Annual Report

first_imgThe Mauritius Development Investment Trust Co. Ltd ( listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2020 annual report.For more information about The Mauritius Development Investment Trust Co. Ltd ( reports, abridged reports, interim earnings results and earnings presentations, visit the The Mauritius Development Investment Trust Co. Ltd ( company page on AfricanFinancials.Document: The Mauritius Development Investment Trust Co. Ltd (  2020 annual report.Company ProfileThe Mauritius Development Investment Trust Co. Limited is an investment institution that invest in sectors such as financial services, manufacturing, construction, leisure and hotels, sugar, property development, transport, commerce, and information, communications and technology. The company is headquartered in Port-Louis, Mauritius and holds as well as manages securities in the Republic of Mauritius. The Mauritius Development Investment Trust Co. Limited is listed on the Stock Exchange of Mauritius.last_img read more

Know your enemy: a look at spread betting in rugby

first_img You think you know a thing or two about rugby, until you sit down with the guys in charge of setting the spreads in the betting industry.There are number-crunchers in that business who proudly boast about watching much more rugby than you, and what’s more, they feel they can make a really good stab at predicting the outcomes of major events like the Rugby World Cup.“Yes I do think we can accurately predict some trends,” says Andrew Sinfield of sports spread betting company Sporting Index. “Some of the minds we’ve got upstairs – what they know about these sports – you wouldn’t believe. I’d back them to predict anything, be it cricket, racing, anything. They are pricing up things like total (number of) fours in the Cricket World Cup, over 64 games, and I reckon they were within 50.”Bookies dream: France do well in World Cups but punters rarely back themAccording to Sinfield, the betting industry used to be populated with characters; the barrow boys who were brash, loud, had an inside track and probably more importantly, had the balls to back up their mouths. Now things are a lot more methodical. There’s a high chance you won’t get anywhere behind the scenes in modern betting if you don’t have a mathematical background. And are prepared to put the hours of research in, particularly with betting in rugby.Sports spread betting is a growing phenomenon in this country. Unlike regular betting when the amount that can be won or lost is fixed when the bet is placed, with spread betting the profit or loss changes depending on how accurate the prediction of an outcome is. The basic principle is that the betting organisation sets a spread with a lower quote and higher quote of, say the points a team will score, the number of tries, or how much they win by. If you think that higher quote will be exceeded, you can ‘buy’ and if you believe the outcome will be lower then you can ‘sell’.As an example you might think New Zealand will score more than a quoted number of points in a World Cup match and ‘buy’ at £10 per point. If they score 20 more points than the higher number put forward by the company, you will receive £200 back. If you ‘sell’, it’s the same principle, except that for every point less than their predicted lower quote, you receive those points times your £10 stake. If New Zealand score ten points less than the lower quote, then, you get £100.Of course you can get it disastrously wrong. If you sell New Zealand points at 25 and they ended up scoring 50 points, you would owe £250, if you were doing £10 per point. But there is usually the opportunity to cash out if you think a bet is going pear-shaped.So if you’re going to spot a hole in the betting companies’ odds – and it does happen, with one bad match possibly leading to a “six-figure” loss in rugby – you’ll need to know your stuff, because the experts do, especially Sporting Index’s three full-time rugby guys, according to Sinfield. Two tribes: Can the betting companies accurately predict who comes out on top of a World Cup final? Well watched: Jone Macilai will have been seen for Northland and Crusaders“A lot of (what Sporting Index does) is down to player knowledge and how you think players will match up against each other. When we say you can wake up on a Saturday at 7am and watch rugby right through to 10pm, all three of our team will be doing that, 40 Saturdays a year. You have to have in-depth knowledge of these guys. The Fijian that turns up that nobody has heard of, we’ll probably have seen him five or six times playing in the ITM Cup. It’s what we do.”So how do you approach the Rugby World Cup, then?“Probably once the warm-ups are out of the way we’ll look at all the intricate markets we can come up with. We’ll get an outright book out soon, at the end of the season, then get working on the intricate stuff in late August. That will be a 100 index, 75, 50s for getting knocked out in the semis and 25 for knocked out in the quarters, nothing for anything else. Back in the day it was all done with a calculator, pen and paper and it’s only recently that we’ve started to run and run loads of simulations. The way that we’ll do it is, we’ll allocate a team a rating and put these into a programme and simulate a game, with about ten thousand simulations of it.“From that we’ll see what the price should be, the expected price of winning a competition. These ratings obviously update week by week, or game by game for the international sides. You watch a round of matches and say: ‘Are they better or worse than I thought?’ So New Zealand are at the top and we rate them at about 125, assuming that any team they are 125-points better than are worth nothing. Then you stagger it all down so you’ve got a big ladder of what these teams are worth. Then changes in coaches, key retirements, injuries, weather conditions, home advantage and all this stuff is factored in every time you do it. We’ve got databases coming out of our ears!“We’ll start with the ratings system. I make sure I’m happy with the ladder, then we’ll work through each game and come together and say: “what did you make of total tries?” We’ll talk about where we are different, gravitate towards that middle number and stick a spread on it. There will be ‘heated disagreements’!”Getting heated: The All Blacks come out on top of most team ratingsEssentially what these guys do is look at each game in isolation, see player-on-player who they think is better or has more fitting attributes for the contest, and tot that up – before going through every potential outcome, all the way to the end. Do you think you could predict that more accurately than them? Feel free to try. There’s money to be made.Of course, you don’t have to ask them who they think will win the whole thing. It’s reflected in their spreads. The question really is: can you predict more accurately than them? LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img We explain what spread betting is and consider whether the betting companies can predict who will win major events Rugby World spoke with Sporting Index as research for our feature “How to win a World Cup without kicking a ball” – in the July 2015 issue. Click here for the latest subscription offers and find out how to download the digital edition here.last_img read more

Snow rugby can be brutal, especially when you have guys like this running straight at you

first_imgWednesday Mar 25, 2020 Snow rugby can be brutal, especially when you have guys like this running straight at you Anyone who has ever played rugby in the snow will realise that it comes with its own challenges. The temperature is the obvious one, and then it’s the icy hands and uneasy surface that you have to contend with. Not to mention the grazes if you’re not fully protected.ADVERTISEMENTCroatia and Moldova met in the Snow Rugby European Championship in Russia a few months back, a tournament that the hosts went on to win in Moscow. In fact, the men’s and ladies teams both won their respective competitions.The rules of Snow Rugby are the same as Beach Fives rugby, with a maximum of five players from each team on the field at a time, and five minutes each half. It’s a lot of fun but also can be tough on the body!Moldova won this particular contest by nine tries to six, but it was this massive bump off that caught the attention, as the Moldovan tackler clearly went in too high on a far bigger man.While this was somewhat of a novelty tournament, all rugby in Europe has now been suspended up until at least April 15th, due to the Coronavirus.That includes the following fixtures:XV Senior Men and Women International Championships games, including the last Round of Rugby Europe Championship planned this weekend, a total of 12 gamesXV U20 European Championship in Coimbra, Portugal from March 22nd to 28thXV U18 European Championship in Kaliningrad, Russia from April 12th to 18thXV U18 Development games in Serbia and Czech RepublicYou can submit your amateur or grassroots rugby videos to us via Rugbydump BlitzADVERTISEMENTHave you ever played snow rugby? Let us know what it was like in the comments below!credit: rugby europe Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

“Khamsa” House / Atelier Koe

first_imgArchDaily “COPY” Houses Year:  2015 Architects: Atelier Koe Area Area of this architecture project Save this picture!© Régis L’hostis+ 27 Share CopyHouses•Senegal ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeAtelier KoeOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSenegalPublished on March 03, 2015Cite: “”Khamsa” House / Atelier Koe” 03 Mar 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – FocusGlass3MInterior Finishes at U.S. Bank StadiumPartitionsSkyfoldMarkerboard Finish for Folding WallsFiber Cements / CementsSwisspearlFiber Cement Cladding Panels in B66 Business CenterMembranesEffisusFaçade Protection – Breather+Metal PanelsSculptformClick-on Battens in WestConnex M8 JunctionPanels / Prefabricated AssembliesBruagBack-Ventilated Facades – CELLONTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosGlassDip-TechCeramic Printing for Public TransportationAcousticSchöckStaircase Insulation – Tronsole®Porcelain StonewareApavisaSlabs – Wild ForestBulbs / SpotsAmbiance LumiereLighting – ZetaMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects “COPY” “Khamsa” House / Atelier Koe 2015 photographs:  Régis L’hostisPhotographs:  Régis L’hostisSave this picture!© Régis L’hostisRecommended ProductsWindowsSky-FrameRetractable Insect Screen – Sky-Frame FlyEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornWoodAccoyaAccoya® Cladding, Siding & FacadesWoodEGGERLaminatesText description provided by the architects. From the architect: “Khamsa”, the eye in the hand, recognized as a sign of protection is the symbol we played with in the design process.Save this picture!© Régis L’hostisThe project concept revolves around the notion of connexion and transition, from inner to outer, from light to shadow, from public to private, from reflection to absorbtion, from dry to wet ,from social to intimate.Save this picture!© Régis L’hostisEarth construction – Off-the-grid–hybrid solar and wind power – Vaulted earth brick cellar – Natural (plant filtered) pool, jacuzzi and pond. The construction uses compressed earth bricks stabilized with 8% portland cement for the main house and poured earth for outbuildings. The purposely blind facade incorporates opaque glass for privacy and allows visitors once inside to discover the interior and back exterior panorama.Save this picture!© Régis L’hostisThe back of the house takes advantage of a north facing window wall, maximizing views of the pond, pool and jaccuzi as well as the existing landscape of tropical trees and vegetation on the property. This living area provides a connection to nature and offers the owner a private oasis.Save this picture!© Régis L’hostisWe created a seamless interior-exterior transition to maximize light and natural views. Each room features glass walls which open to a unique secluded landscape. While the public gathering spaces rely on open volume, the two bedroom suites have been scaled down to bring a more intimate ambiance.Save this picture!© Régis L’hostisThe open floor plan relies on volume and simplistic spaces with an unobstructed flow. The intentional16″ high dropped ceilings allow for natural air ventilation and insulation in addition to a dramatic perspective.Save this picture!© Régis L’hostisBoth the swimming pool and jacuzzi are naturally filtered by an adjacent aquatic plant zone, eliminating the need for chemical additives. The large surface area offers a cooling micro-climate.Save this picture!Floor PlanOur objective was to create an ecological living experience according to the client’s needs that reflects the input, creativity and talents of each participant while also respecting local resources and customs. We strive to create beauty through informed design for thoughtful living.Save this picture!© Régis L’hostisProject gallerySee allShow lessPhotographic Exhibition Highlights The Relationship Between Brick And The DutchArchitecture NewsCultural Center at Saint-Germain-lès-Arpajon / Ateliers O-S architectesSelected Projects Share “Khamsa” House / Atelier KoeSave this projectSave”Khamsa” House / Atelier Koe ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Year:  Photographs Senegal Area:  350 m² Area:  350 m² Year Completion year of this architecture project last_img read more

Griyoase House / Andyrahman Architect

first_img 2021 CopyHouses•Kecamatan Gayungan, Indonesia ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Lead Architect: Griyoase House / Andyrahman Architect Area:  300 m² Year Completion year of this architecture project ArchDaily Architects: Andyrahman Architect Area Area of this architecture project Photographs:  Mansyur Hasan Photographs Year:  Indonesia Andy Rahman Griyoase House / Andyrahman ArchitectSave this projectSaveGriyoase House / Andyrahman Architect Projects “COPY” Architect In Charge:Abdi Manaf R.Consultants:Andyrahman ArchitectContractor:Trijaya MakmurArchitect:Andyrahman ArchitectCity:Kecamatan GayunganCountry:IndonesiaMore SpecsLess SpecsSave this picture!© Mansyur HasanRecommended ProductsCorporate ApplicationsULMA Architectural SolutionsPolymer Concrete Facade in UniEléctricaCorporate ApplicationsCymat Technologies Ltd.Mallorca Congress Centre – Alusion™ Stabilized Aluminum FoamWindowsFAKRORoof Windows – FPP-V preSelect MAXWoodParklex International S.L.Wood cladding – FacadeHome as an oase. This house is located in the Kertomenanggal area, Surabaya, to be precise in a residential area near the southern border of the cities of Surabaya and Sidoarjo. Standing on an area of ​​12 X 18.5 m2, the atmosphere is quite calm, even though it is close to the busy route leading out of the city. The owner of the house is a graphic designer, so he also has a pretty good taste in the design and also knows the principles, so it really helps architects in the process of designing to implementation. At least, the client also understands the proportion, scale, rhythm, etc. that are applied to the house.Save this picture!© Mansyur HasanConcept of Home and Oasis. In Surabaya, which tends to be hot, this house needs an “oasis” to cool the air inside. So, in the middle of the house, an inneryard (inner courtyard) is created to be an oasis as well as a binder that unites the other spaces around it. And that’s how it goes… Griyoase, as a combination of the words griya / griyo (house) and oase (spring in the middle of a desert that is overgrown with trees) that cools the surroundings. This house optimizes the openings so that the light can enter as much as possible and the air circulation can run properly. The inneryard in the center of the house is planted with large Moringa tree.Save this picture!© Mansyur HasanSave this picture!Ground Floor PlanSave this picture!© Mansyur HasanThis large inneryard becomes this house orientation. From all angles of the room you can see the inner courtyard freely. Coupled with the voids of the stairs, the lighting and air circulation in this house work optimally. For rooms that are located at the back of the house, there are small gaps between back wall of the house to  the room are given so that sunlight can still enter, penetrate and provide light from the top to the lower floor of the warehouse and the guest bedroom.Save this picture!© Mansyur HasanTree and Three. The concept of Griyoase is then described in Tree & Tree as a combination of Tree (tree) and Three (three). The concept of Tree is because the clients and family love trees and plants, so this house is truly transformed into an “oasis”. What is quite interesting about this house is that trees are specially planted to support the existence of the house. This tree-loving client bought trees originally from Africa, namely Baobab and Moringa trees, which in fact really reinforce the natural atmosphere inside and outside the house. The shape of the Baobab and Moringa trees are quite unique, their “bulgy” trunks, so the natural impression is more attractive and “artistic”. Meanwhile, Three doesn’t only appear as a triangle as seen in the part of the facade of this house which is side by side with the brick arrangement, but also as a basis of several things based on “3” (three) elements which can be described as follows:Save this picture!Section3 Colors: White, Gray, Black. In the design of this house, the architect uses 3 main colors: white, gray and black. These 3 (three) colors are combined in such a way as to create a variation that is not too colorful. This 3 colors combination looks very clear. The floor is gray, the walls are white, and the door and window frames plus the stair railing and fence are black. The brick color in the facade of the house is more of an accent that makes this house easy to recognize in its surroundings. The clients also like wood, the doors use ironwood which is known for its strength and firm. This ironwood color can still blend with the terracotta color of the brick.Save this picture!© Mansyur HasanCollaboration of 3 Parties: Architects, Clients, Contractors. In the process of designing this house until it was built, there was a design collaboration between 3 parties. As mentioned above, that the client is a graphic designer, who has basic design knowledge that is very helpful for architects in processing their house design. Meanwhile, the executor or contractor also comes from an architectural education background, so that they can understand the wishes of the architect and the client more deeply.Save this picture!Diagam 04In fact, architects do not need to closely supervise the implementation process, because the executor is able to understand the design drawings well and implement them according to the architect’s design. Thus, the three of them can collaborate proportionally to build this house, because all three of them already understand the basic design. So, this house is actually a collaborative oasis “between 3 designers”.Save this picture!© Mansyur HasanInto 3 Stories: 1st Floor, 2nd Floor and 3rd Floor (roof top). Initially, according to the design, only 1st and 2nd floor of the house were functioned, where the 1st floor was for family activities, while the 2nd floor was for more private activities. However, when the Covid 19 pandemic broke out in early 2020 which required a lot of activities at home, this family thought of using the roof top floor above for their pot-based-gardening hobby. In consultation with the architect, a new staircase was designed and built so that the 3rd floor could be accessed more easily from the 2nd floor.Save this picture!Front ElevationFinally, the roof top floor became the 3rd floor specifically for the hobby of maintaining plants. This 3rd floor also provides ecological awareness, that human life cannot be separated from nature and the environment, with the various types of plants and trees that are around us, in a symbiotic relationship, mutualism, which is mutually beneficial. Become an oasis for the environment. Yes, we present it to you… Griyoase! Save this picture!© Mansyur Hasan+ 23Curated by Hana Abdel Share Houses Project gallerySee allShow lessPublic Village Center of Qili Village / SSDesignSelected ProjectsFleming Park House / Cloud Architecture StudioSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeAndyrahman ArchitectOfficeFollowProductsConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookKecamatan GayunganIndonesiaPublished on May 05, 2021Cite: “Griyoase House / Andyrahman Architect” 04 May 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY”last_img read more

ABC confirm Limerick Post ‘Number 1’

first_imgLinkedin Advertisement Previous articleGive us a boat, plead firefightersNext articlePlanning breach angers residents admin Email WhatsApp Twittercenter_img NewsLocal NewsABC confirm Limerick Post ‘Number 1’By admin – March 4, 2010 440 Print Facebook THE Limerick Post newspaper has filed a complaint with ABC (Audit Bureau of Circulation) about claims made by the Limerick Independent. The certified ABC door-to-door figures for the Limerick Post for the period June 29, 2009, to Jan 3, 2010, are 17,450.Sign up for the weekly Limerick Post newsletter Sign Up Certified ABC Bulk Distribution for the Limerick Post, for the same period, is 30,069, giving a combined total of 47,519Certified ABC door-to-door figures for the Limerick Independent for the period June 29, 2009, to Jan 3, 2010, are nil.The Limerick Independent is not registered with ABC for Bulk Distribution; they recently obtained Consumer Magazine Classification of 25,000 copies for the period October 1, 2009, to Dec 31, 2009, and which does not take into account returned or not picked up copies.Certified ABC figures confirm that Limerick Post, is the leading newspaper in the Mid West region. The complaint is currently under investigation.Following a complaint made earlier this year by the Limerick Post against the Limerick Independent, the following judgement was upheld by ABC:Complaint – against the Limerick Independent relating to “An advertisement carried in the 23 December and 13 January issues incorrectly implied non-ABC figures were ABC certified and incorrectly claimed the newspaper is the ‘New No. 1’.”Result – Upheld. Judgement from ABC – “Whilst the Limerick Independent’s door to door distribution figure of 25,821 is ABC certified (Jan to June 2009), the distribution figure of 25,132 for shops and businesses and the combined total of 50,953 were not ABC certified and should have been sourced as publisher statements. The use of the terms ‘approved’ and ‘certified’ in a box in the style of the ABC logo were considered to incorrectly imply all the figures quoted were ABC certified. The ‘No.1’ claim was deemed to refer to distribution in the context of the advertisement. However when comparing the ABC certified figure for the Limerick Independent with the ABC certified door to door and bulk distribution of the Limerick Post, the No.1 claim was contradicted by the ABC data, and no alternative source was identified as required by ABC publicity rules. As well as being required to ensure future material complied with the relevant publicity rules, the Limerick Independent is required to publish a clarification in the Wednesday 9 March issue.last_img read more

Letterkenny General staffing crisis to be raised with Health Minister

first_img Need for issues with Mica redress scheme to be addressed raised in Seanad also Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter News Facebook Pinterest Pinterest By News Highland – January 16, 2014 WhatsApp Twitter Letterkenny General staffing crisis to be raised with Health Ministercenter_img Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Minister McConalogue says he is working to improve fishing quota Previous articleAny pharmacy could cut costs to rival Northern IrelandNext articlePolice in Strabane concerned at the use of ‘laughing gas’ for recreational purposes News Highland Almost 10,000 appointments cancelled in Saolta Hospital Group this week A Donegal North East Deputy is to raise the overcrowding crisis at Letterkenny General Hospital with the Health Minister.A spokesperson for the INMO yesterday said that the overcrowding crisis at Letterkenny General Hospital had worsened, with patients being treated on trolleys in corridors at the hospital.All patients south of the Twin Towns are now being diverted to Sligo, while attempts were made to divert patients from Inishowen to Altnagelvin in Derry, but that’s not been possible because Altnagelvin itself is under pressure and is diverting patients to the Erne and Causeway Hospitals.Deputy Padraig MacLochlainn says it is obvious there is a staffing crisis at Letterkenny General, and James Reilly needs to make the hospital a special case and lift the moratorium:[podcast][/podcast] 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Google+ Facebooklast_img read more

Power Under Section 482 CrPC Cannot Be Used To Undermine Statutory Dictate Under Section 14, 17 IBC: Supreme Court

first_imgTop StoriesPower Under Section 482 CrPC Cannot Be Used To Undermine Statutory Dictate Under Section 14, 17 IBC: Supreme Court LIVELAW NEWS NETWORK22 April 2021 9:38 PMShare This – xThe power under Section 482 of Code of Criminal Procedure cannot be used to overlook the undermining of a statutory dictate, the Supreme Court observed in a judgment delivered on Thursday.In this case, the High Court allowed an interlocutory application filed by a Company claiming to be an operational creditor to allow it to operate its bank account maintained with the ICICI Bank and to unfreeze the bank account of its creditors over which the lien has been created and the accounts frozen pursuant to the lodging of an FIR by the Interim Resolution Professional.Before the Apex Court, the IRP contended that the whole purpose of the moratorium would be defeated if members of the previous management of the Corporate Debtor are left free to transfer the funds of the Corporate Debtor.”We have to also in this context bear in mind that the High Court appears to have, in passing the impugned order, which is an interim order for that matter, overlooked the salutary limits on its power under Section 482. The power under Section 482 may not be available to the Court to countenance the breach of a statuary provision. The words ‘to secure the ends of justice’ in Section 482 cannot mean to overlook the undermining of a statutory dictate, which in this case is the provisions of Section 14, and Section 17 of the IBC.”, the bench comprising Justices UU Lalit and KM Joseph observed.The Court noted that after a Resolution Professional is appointed, it is for him to conduct the resolution process and manage the operations, though he is is bound to seek prior approval of the Committee of Creditors in certain matters. The court noted that in this case, moratorium was declared and the assets of the company would include the amounts lying to the credit in the bank accounts.”The Respondent No.1 is allowed to operate its account subject to it to first remitting into the account of the Corporate Debtor, the amount of Rs 32.50 lakhs which stood paid to it by the management of the Corporate Debtor. The assets of the Corporate Debtor shall be managed strictly in terms of the provisions of the IBC. The Appellant as RP will bear in mind the provision of Section 14 (2A) and the object of IBC. We however make it clear that our order shall not be taken as our pronouncement on the 28 issues arising from the FIR including the petition pending under Section 482 of the Cr.P.C.”, the court said while allowing the appeal Case: Sandeep Khaitan, Resolution Professional For National Plywood Industries Ltd. Vs. JSVM Plywood Industries Ltd. [CrA 447 OF 2021]Coram: Justices UU Lalit and KM JosephCitation: LL 2021 SC 228Click here to Read/Download JudgmentRead JudgmentTagsSection 482 CrPC Supreme Court Justice KM Joseph Justice UU Lalit IBC Next Storylast_img read more

Third judge halts Trump plan for Census 2020 citizenship question

first_imgiStock/liveslow(WASHINGTON) —  A third federal judge has struck down the Trump administration’s plan to include a citizenship question on the 2020 census just weeks before the U.S. Supreme Court will consider the matter.District Court Judge George Hazel of Maryland determined that the Commerce Department, led by Secretary Wilbur Ross, made an “arbitrary and capricious” decision to add the question to the survey and violated the Constitution “by unreasonably compromising the distributive accuracy of the Census” — a risk of undercounting, in other words.Hazel ordered the administration to remove the question from the census questionnaire.While critics of the administration have alleged that Ross is motivated by animus against Hispanics and other minorities, Judge Hazel said there was insufficient evidence to support claims of “invidious racial discrimination” or attempts to violate civil rights by including the question.Earlier this year, federal judges in two separate legal challenges to the citizenship question reached similar conclusions and ordered it struck from the Census.The Supreme Court later agreed to hear an expedited appeal by the Commerce Department, which said it needs to finalize the census questionnaire for printing no later than June 30. Oral arguments have been scheduled for April 23.At issue in the case is the Administrative Procedures Act which requires federal agencies to carefully study all relevant evidence and facts pertaining to a problem before implementing a new policy. The agency must also publicly lay out the reasons for a decision and allow public comment.The Census Bureau, which is part of the Commerce Department, had suggested to agency leadership that citizenship estimates could be more accurately derived from mining existing government records rather than add a question to the 2020 census questionnaire. They said it would be potentially less effective and more expensive.A citizenship question has not been included in a U.S. census since 1950. A coalition of local governments and immigrant advocacy groups has called the question discriminatory and unconstitutional.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Top 20 Institutions

first_img Previous Article Next Article Related posts:No related photos. Comments are closed. Top 20 InstitutionsOn 13 Feb 2001 in Personnel Today Which institutions have had themost impact over the past 20 years on shaping the HR profession as we know ittoday? Alison Thomas gives a countdown1. The InternetProfile:  The Internet has taken the workplace by stormat a speed which leaves many gasping for breath. It is helping to drive themove towards outsourcing and opens up channels of communication undreamt of afew years ago. Employees can manage their own development plans, managers candisseminate information and obtain rapid feedback on issues of the day.E-learning brings training to the desktop and video conferencing allows peopleto network with colleagues around the globe. From recruitment to pensions itimpacts on the entire employee life cycle and relieves managers ofadministrative tasks. What better opportunity for HR to redefine its role andmove into the boardroom?Where? Cyberspace2.Harvard Business SchoolProfile:  No top 20 would be complete without Harvard,which has turned out more business leaders than any other business school inthe world. Despite its formidable reputation in the area of strategy – who hasnot heard of Michael Porter? – it does not have as distinctive a voice in humanresource management as US rivals Wharton or Cornell. On the other hand, HarvardBusiness Review is the ultimate business publication and has featured countlessground-breaking articles by the world’s most distinguished scholars.Alumni: No fewer than 60,000business executives in more than 130 countries. Many head up leadingorganisations such as Levi Strauss and Intuit or have founded start-upcompanies.Where? US: Boston,Massachusetts SocietyProfile:   The Industrial Society has been driven forthe past 80 years by one consistent goal – to create a better workplace. Itwent into decline during the market-driven 1980s and although the 1990s saw itconsolidate its role as a serious training body it is only now regaining itsstatus as an influential campaigner. Over the past year it has re-inventeditself with Will Hutton at the helm. It has created two new domains – Policyand Futures – and revamped its Practice domain, aiming to raise its nationalprofile, responding more quickly to change and challenging policy-makers.Where? UK:Birmingham, London, Glasgow, Belfast Union CongressProfile: Few bodies haveexperienced such a dramatic change in fortunes over the past 30 years as thetrade unions, from their dominance in the 1970s to their spell in thewilderness under the Thatcher administration. With the introduction of newlegislation they are back on the scene but the climate is very different. JohnMonks’ call to his members to abandon the cloth cap image heralds a new era ofpartnership and cooperation, aided and abetted by the Amalgamated Engineeringand Electrical Union (AEEU) and others.Where? UK: London of Trade and IndustryProfile:  Every government has an impact on HR andthis one is no exception. The barrage of legislation emanating from the DTI hasbeen so overwhelming that the CBI has urged the Government to call a halt toall new legislation unless there is a strong business case. On a more positivenote, it instigated the Partnership with People initiative to study the impactof forging closer relationships between staff and senior management. Anotherwelcome move is the new code of practice on consultation, although time willtell if the Government adheres to its own recommendations, particularlyregarding timing.Where? UK: London for Human Resource ManagementProfile: For its sheer size andglobal coverage, the SHRM is the most influential HR professional body in theworld. Proclaiming itself to be “the voice of the profession”, it isnot afraid of challenging the US government through the courts if necessary.Recent research projects include a joint study with the American Society for Trainingand Development, which highlights the importance of training and development inattracting and retaining talent. In a separate study, the ASTD has establisheda direct link between training and total stockholder return.Where? US:Alexandria, Virginia UnionProfile:  The EU has certainly made its mark on theemployer-employee relationship, focusing on major issues such as working time,fundamental human rights, parental leave and equal pay. The Human Rights Actcame into force in October and new anti-discrimination legislation is on itsway. The Government’s success at the Nice summit in holding out against makingthe Charter of Fundamental Rights legally binding was welcomed by the CBI. TheIndustrial Society, on the other hand, would have preferred an extension tolegislation on employee consultation, which it believes to have proven businessbenefits.Where? Various inEurope Business SchoolProfile:  London Business School first rose to famewith the arrival of Charles Handy in 1967. Now it is Lynda Gratton who isputting it on the HR map. Her latest book, Living Strategy, has attractedextensive publicity, giving long-overdue exposure to the link between peoplemanagement and business performance. Other academics doing important work inthis field include David Guest of King’s College London and John Purcell ofBath University. Warwick too has contributed a stream of research, although ithas lost its way a little recently.Alumni: The vast network of16,000 includes key players such as Sir Iain Vallance, chairman of BritishTelecom and Tony Wheeler, founder of Lonely Planet.Where? UK: London Institute of Personnel & DevelopmentProfile:  By its own definition the CIPD is theleading professional body for those involved in the management and developmentof people. It hosts the largest HR conference in Europe and its newly acquiredchartered status has given the profession a much-needed boost. But itsinsistence on narrow, specialist qualifications is the subject of controversy,as is its neglect of its training and development members. It has also beencriticised for failing to exert political pressure. If people are the onlysource of competitive advantage, as the institute proclaims, should the”leading professional body” not be making its voice heard?Where? UK: London of British IndustryProfile:  As the recognised voice of business, the CBIhad the ear of the last Conservative government and continues to make itselffelt under a Labour administration. It has had a busy year lobbying on a range ofissues such as trade union recognition, employment tribunal reform, red tape,the minimum wage, key skills and part-time work. Among employers’ associations,the Engineering Employers Federation stands out for its contribution to thedevelopment of government policy as well as its work in education and training.Where? UK: HQLondon. Offices across UK and Brussels of Michigan Business SchoolProfile:  Michigan gained a reputation for innovationin the late 1980s and early 1990s. Respected thinkers include Noel M Tichy forhis work on organisational development and executive leadership and CKPrahalad, famous for the ground-breaking Competing for the Future co-authoredwith fellow strategist Gary Hamel. More significantly, Michigan is also home toHR’s favourite guru, David Ulrich, who believes that HR creates value and citesnumerous examples of best practice to prove it.Where? US: AnnArbor, Michigan School of ManagementProfile: Cranfield earns itsplace for the quality of its postgraduate teaching and specialised research inthe fields of organisational development, HR management and industrialrelations. The Human Resource Research Centre is at the forefront of the debateon how HR management contributes to successful business performance, while onthe international front the work of David Brewster carries considerable weight.Alumni: Kim Parish, personneldirector, Scottish & Newcastle Retail; Andrea Dunstan, HR director,Barclays Bank; Graham Abbey, HR manager, McColl.Where? UK: Bedford  Rated the number one MBA provider in Europeby Business Week, Insead’s strength lies in its international dimension –especially relevant today as HR professionals grapple with the multiculturalimplications of global business. It is also strong in the field oforganisational behaviour, particularly through the work of Paul Evans, one ofthe world’s foremost authorities on international human resources management.Alumni: The international focuscontinues after graduation and the web of alumni stretches from one side of theglobe to the other. Alumni spend on average 30-65 per cent of their careersabroad.Where? France:Fontainbleau; Singapore Park Management InstituteProfile:  Roffey Park is synonymous with strategic HR.It permeates all the school’s research topics such as work-life balance,careers and flatter structures, and the human implications of mergers andacquisitions. It is also the focus of Linda Holbeche’s second book, Aligning HRand Business Strategy. The school’s aim is to study issues and come up withpractical solutions. Its annual Management Agenda also provides meaningfulinsights into the work and well-being of managers.Alumni: Mary Donnelly, HRdirector, BT Cellnet (previous CIPD personnel manager of the year); Alex Grant,managing director, Roche Diagnostics; Charles Horton, operations director,Connex; Ian Watkins, vice-president HR worldwide, Bausch & Lomb; DeepakRzdan, technical director, Adtranz; Andrea Chivers, vice-president HR, Citibank.Where? UK: StLeonard’s Forest Perrin Profile:  A giant in HR, Towers Perrin’s client rosterincludes about 700 of the Fortune 1,000 companies. Its core belief is thatpeople create results for business and one of its specialist areas is benefitsand rewards. It works from the premise that when compensation programmes arelinked to business strategy and performance goals, they are a critical enablerin competitive advantage. Another major player in this field is Hewitt, whichforesees rapid growth in the outsourcing of benefits administration to create acompetitive edge in attracting and retaining talent.Where? US: HQ NewYork, Offices around the world  Exult provides integrated, web-enabledservices designed to manage the entire HR function. A pioneer in the field, ithas lofty ambitions to cater for all the Global 500 corporations. Its AdvisoryCouncil comprises top people such as Lynda Gratton, David Ulrich and NickStarritt of BP Amoco. Newcomer on the block is e-peopleserve, a joint ventureby BT and Accenture. Both outfits claim to offer firms huge reductions in costscoupled with significant added value. It looks as if outsourcing is here tostay.Where? US: Irvine,California for Research in Employment and Technology in EuropeProfile:  Independent consultancy Create specialisesin research on the future of work, organisation and society. Less prolific thanthe Institute for Employment Studies, it is more innovative and more adept atanticipating trends. In the early 1980s it identified globalisation and IT askey emerging issues, since when it has conducted research on knowledge workers,culture change, leadership and flexibility, both physical and psychological.Its latest study, Tomorrow’s Organisation, focuses on the new mindsets requiredto fulfill customer expectations and sustain competitive advantage.Where? UK:Tunbridge Wells Instituteof DirectorsProfile: As the representativebody of about 48,000 directors, the IoD fights the employers’ corner in areassuch as industrial relations and the Social Chapter. It draws up policy inconsultation with its members, which is bad news for HR, as its own researchhas shown that most directors have a simplistic approach to employer-employeerelationships. To its credit it is trying to do something about this and in1998 brought out a guide offering practical advice. More recently, it has shownits commitment to educational issues by putting pressure on the Government toimprove the system of apprenticeships.Where? UK: HQLondon, with offices across the country Motorola UniversityProfile:  Motorola was one of the first corporateuniversities and their number continues to grow. The organisation sees it as”a catalyst for change” and every employee receives at least 40 hoursof training each year. Very impressive, but does it make a difference? Motorolabelieves that it does, to the tune of US$33 for every US$1 invested. Corporateuniversities cannot replicate the depth and breadth of a traditional universityeducation, nor do they try to. What they can do is provide employees withpractical business knowledge and management competence designed to support thecompany’s business objectives.Where? Variousaround the world EvershedsProfile: As the avalanche ofemployment legislation piles up, the case load of employee claims grows withit. This puts law firms right in the thick of things and one of the largestplayers in the field is Eversheds. It is also the most highly regarded law firmamong HR professionals, according to a survey conducted for Personnel Today andEmployers’ Law. The unions take a different view. When Eversheds ran a “TURoadshow” last summer advising companies on US-style strategies forpreserving a union-free workplace, the TUC was not amused.Where? UK, Europeand the Far East read more