Category: fyfxemzczyxg

Ireland Blyth Limited (IBL.mu) HY2019 Interim Report

first_imgIreland Blyth Limited (IBL.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2019 interim results for the half year.For more information about Ireland Blyth Limited (IBL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Ireland Blyth Limited (IBL.mu) company page on AfricanFinancials.Document: Ireland Blyth Limited (IBL.mu)  2019 interim results for the half year.Company ProfileIreland Blyth Limited is a company based in Mauritius and operates as a subsidiary of Compagnie d’Investissement et de Développement Limitée, since its acquisition in 2016. The company has running activities in the sectors of commerce, engineering, financial services, logistics, aviation, shipping, retail, and seafood and marine where services in the distribution and marketing of products such as frozen foods, pharmaceuticals and wellness products, and medical equipment, as well as offers warehousing and logistics support services are provided. Ireland Blyth Limited also supplies industrial chemicals and equipment, as well as engages in crop protection, agriculture, and irrigation systems, the sale of construction and material handling equipment. The company also provides solutions for electrical installations, refrigeration equipment, power management systems, construction tools, abrasives, and building materials, as well as provides mechanical, electrical, plumbing, and fit out solutions. Ireland Blyth Limited is listed on the Stock Exchange of Mauritius.last_img read more

I think the risks are rising for Lloyds and these FTSE 100 stocks

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images See all posts by Royston Wildcenter_img Our 6 ‘Best Buys Now’ Shares Royston Wild | Sunday, 31st May, 2020 | More on: LLOY I think the risks are rising for Lloyds and these FTSE 100 stocks While the broader FTSE 100 has leapt from March’s troughs, the blue-chip banks continue to struggle for traction. Take Lloyds Banking Group (LSE: LLOY) as an example. At around 30p, its shares remain just a whisker away from last month’s eight-year lows.This is hardly a surprise. Britain is facing the sort of economic contraction not seen for centuries as it recovers from the Covid-19 crisis. What’s really spooking investors though is the threat that the Bank of England will increase measures to support the economy.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A number of Threadneedle Street policymakers have touted the possible introduction of more monetary easing in recent weeks. A plunge into negative interest rates is also seemingly on the table, surely to the despair of Lloyds. Worryingly another member of the central bank’s Monetary Policy Committee put his head above the parapet last week to comment on what we could possibly expect.Bank talkThursday saw Michael Saunders take the time to demand that the bank take “aggressive” action to combat the economic destruction caused by the coronavirus, commenting that “it is safer to err on the side of easing somewhat too much, and then if necessary tighten as capacity pressures eventually build, rather than ease too little and find the economy gets stuck in a low inflation rut”.He added that the threat posed by rising inflation is “negligible”, providing possible justification for the Bank of England to cut rates from their current record lows of 0.1%.Saunders speculated that the post-Covid-19 downturn could last several years, suggesting that we can expect UK monetary policy to remain ultra-doveish for the foreseeable future.Footsie fearsThe economic downturn delivers a double whammy for Lloyds and its FTSE 100 peers like Barclays and RBS. The banks can expect a prolonged environment of weak revenues and a possible explosion in loan impairments. The former has already been forced to eat a £1.43bn charge in anticipation of tough trading conditions.Such struggles were to be expected, of course. What perhaps was not is the size of the hunger from Bank of England policy setters to follow recent emergency action with more rate cuts and rounds of quantitative easing. No wonder share pickers are reluctant to go frantically dip buying over at Lloyds, then. Rock-bottom interest rates have crushed profits creation at the banks since the 2008–09 banking crisis.Another big danger to Britain’s banks emerged this week, too. The threat of a no deal Brexit has damaged their business over the past few years. And the chances of this economically disruptive scenario have grown over the past month. The latest danger to trade talks collapsing in June is a fresh row over fishing rights after 2020.Combined with the economic implications of the Covid-19 saga, it looks like Lloyds will struggle during the first few years of this new decade at least. This is therefore a share that Footsie investors need to avoid. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays and Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997”last_img read more

Why I think this is a great time to buy these falling FTSE 100 stocks

first_imgSimply click below to discover how you can take advantage of this. Manika Premsingh | Monday, 7th December, 2020 Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. FTSE 100 real estate stocks are the biggest losers in today’s trading. They are led by Berkeley Group Holdings, Persimmon, Barratt Developments, and Taylor Wimpey in that order. Their losses range between 7% and 3% as I write. The reason is obvious – stalled Brexit trade talks, especially for lack of any other evident sector-specific developments. #NoDealBrexit speculation hits real estate stocksSince pre-market hours this morning, I feel I’ve been bombarded by Brexit bad news. #NoDealBrexit is trending on Twitter, as is #BrexitShambles. The Guardian ran a headline quoting a “very gloomy” perspective from the EU on the talks. And the Financial Times quotes EU Chief Negotiator Michel Barnier as saying he “cannot guarantee” the Brexit deal.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The resulting uncertainty from this is bad for stock markets as a whole, but it’s particularly bad news for property market stocks. That’s because property markets can have a different function in our lives unlike say, consumer goods, healthcare, and entertainment. Spending on these segments is more often than not according to our immediate wants or needs.But buying real estate is an investment. This is especially true for buying to let, where we expect to create another income stream from our property. If there’s perceived uncertainty about the UK’s future then both the rental income and property value can weaken. Limited cushion from the property market boomIt would be comforting to think that property markets are cushioned to take a Brexit blow right now. According to a recent Halifax report, the UK’s house prices have grown at their fastest rate since 2016. Unfortunately, the house price boom is driven by the stamp duty waiver and low interest rates on home loans.The waiver is expected to stay in place only until the end of March next year, which is less than four months away. Banks are already increasing interest rates on borrowings for homes according to a Financial Times report. This could, at the very least, taper demand for property. Real estate stocks will clearly be a natural casualty of this trend. Additionally, they are feeling the Brexit heat.FTSE 100 property stocks can still be a good buyBut I think it’s a good time to buy real estate stocks and hold them for the next few years or more. This is because today’s price blow is based on speculation. What if there is a last-minute Brexit deal? They’ll start rising again and this will be a lost buying opportunity. Even if there’s indeed a no-deal Brexit, who is to say that the economic damage will be irreversible? A lot depends on how the economy is managed post-Brexit. If it’s managed well, growth could be back on its feet soon enough. However, there’s a real risk that things may go seriously awry. To that extent, I wouldn’t put all my money into the property markets but diversify it across sectors. A blend of safe stocks and more risky ones is a strategy to consider. This will hold me in good stead whether or not there’s a no-deal Brexit.  Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img See all posts by Manika Premsingh “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Why I think this is a great time to buy these falling FTSE 100 stocks Our 6 ‘Best Buys Now’ Shares Enter Your Email Addresslast_img read more

Schoolboy’s fundraising idea adopted as national campaign

first_imgSchoolboy’s fundraising idea adopted as national campaign Tagged with: Fundraising ideas  66 total views,  1 views today  67 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 A schoolboy’s fundraising idea is being rolled out nationally after inspiring a road safety charity.Callum Smart came up with the idea of a ‘virtual run’ to raise money for road safety charity Brake in memory of his best friend Daniel Climance who was killed while on a family bike ride last June.Callum and his mum Claire launched the ‘Doing it for Dan’ virtual run, which saw 1,000 people run a combined distance of 5,000 miles, raising over £20,000 for Brake. The charity has now decided to adopt the idea as part of its 2016 fundraising activities, and is asking people to sign up to take part in their own ‘virtual runs’ this May.Participants can choose their own date, location, distance, and pace, as well as paying a registration fee to the charity, can also opt to make it a sponsored run.All money raised from May’s Virtual Runs will go towards funding Brake’s work which includes providing support services for families affected by death or injury on the roads, and campaigning to prevent casualties and make communities safer.Joe Fenton, fundraiser at Brake, said:“Throughout May 2016 Brake is asking people to commit to doing a run. The idea is that it is your run – which is a wonderful concept as it means that anybody and everybody can take part – because what you do, is up to you.”More information on the runs and how to sign up is available on the charity’s site: www.brake.org.uk/virtualrun. Advertisementcenter_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Melanie May | 23 February 2016 | Newslast_img read more

Waters Corporation Recognized for Commitment to Diversity and Inclusion by the Human Rights Campaign…

first_imgLocal NewsBusiness Waters Corporation Recognized for Commitment to Diversity and Inclusion by the Human Rights Campaign Foundation WhatsApp WhatsApp Pinterest MILFORD, Mass.–(BUSINESS WIRE)–Jan 28, 2021– Waters Corporation (NYSE:WAT) today announced that it received a score of 95 out of 100 on the 2021 Corporate Equality Index (CEI), the Human Rights Campaign Foundation’s annual scorecard for LGBTQ workplace equality. This first-time recognition for Waters is a testament to the company’s ongoing global commitment to diversity and inclusion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210128005919/en/ (Graphic: Business Wire) The Human Rights Campaign Foundation’s CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. The CEI rates employers providing crucial protections to over 18 million U.S. workers and an additional 17 million outside of the U.S. “Diversity is a statement; inclusion is an act. Inclusion and equality are linchpins to a successful ecosystem in which diversity of thought and perspectives help to breed new ideas and ultimately, drive better business results,” said Dr. Udit Batra, Waters President and CEO. “I am proud to represent an organization that has been recognized for nurturing a corporate culture where LGBTQ + employees can bring their true selves to work, creating an environment for all of us to be successful, innovative and engaged.” In 2019, Waters launched the employee-led, Pride Circle. Members serve as ambassadors and change agents to foster a workplace where diversity in all forms can thrive. Since its inception, the Pride Circle has worked closely with executive leadership to help make Waters more inclusive and supportive for employees and customers. This has included ongoing Pride Circle sessions on how to cultivate a more inclusive culture for LGBTQ + employees, alterations to employee restrooms, expanded benefits for same-sex spouses and partners along with gender transition guidelines. These actions also reinforce one of Waters’ 2025 Sustainability Goals: To Lead by Example in Our Employee Development and Engagement. Through programs and initiatives that drive diversity, inclusion and development, Waters is focused on empowering employees to pursue their full potential without limitation. “From the previously unimaginable impact of the COVID-19 pandemic, to a long overdue reckoning with racial injustice, 2020 was an unprecedented year. Yet, many businesses across the nation stepped up and continued to prioritize and champion LGBTQ equality,” said Alphonso David, Human Rights Campaign President. “This year has shown us that tools like the CEI are crucial in the work to increase equity and inclusion in the workplace, but also that companies must breathe life into these policies and practices in real and tangible ways. Thank you to the companies that understand protecting their LGBTQ employees and consumers from discrimination is not just the right thing to do—but the best business decision.” Additional Resources2021 Corporate Equality IndexBlog Post: Empowering Waters Employees to Be Their Authentic SelvesSustainability at WatersFollow and connect with Waters via LinkedIn, Twitter, and Facebook About Waters Corporation Waters Corporation (NYSE:WAT), the world’s leading specialty measurement company, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, and food sciences for more than 60 years. With more than 7,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries. View source version on businesswire.com:https://www.businesswire.com/news/home/20210128005919/en/ CONTACT: Chris Orlando PR Manager, Corporate Communications Waters Corporation 508-468-9802 Chris—[email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: RESEARCH TECHNOLOGY HUMAN RESOURCES OTHER TECHNOLOGY PROFESSIONAL SERVICES PHILANTHROPY GAY & LESBIAN CONSUMER FOUNDATION SCIENCE SOURCE: Waters Corporation Copyright Business Wire 2021. PUB: 01/28/2021 01:00 PM/DISC: 01/28/2021 01:01 PM http://www.businesswire.com/news/home/20210128005919/en Facebook Twittercenter_img Twitter Facebook Previous articleCampbell Board Elects Grant H. Hill as DirectorNext articleNalashaa Healthcare IT Solutions: A US Healthcare Regulations Expert Digital AIM Web Support By Digital AIM Web Support – January 28, 2021 Pinterest TAGS  last_img read more

FHA’s Response to a National Health Crisis

first_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago This year’s National Property Preservation Conference featured keynote speaker Dror Oppenheimer, U.S. Department of Housing and Urban Development (HUD) Senior Advisor to the Assistant Secretary for Housing and Federal Housing Commissioner Dana Wade. Oppenheimer, in the words of the conference moderators, “Provides expert advice… on the management of the FHA’s $1.3 trillion insurance portfolio of single-family mortgages, including asset management strategies, process improvement and technology implementation … “Oppenheimer began his address by outlining some of the Federal Housing Administration’s (FHA) initial responses to the COVID-19 crisis:The FHA immediately put in place temporary provisions to minimize in-person contact between servicers and borrowers; it implemented the provisions of the CARES Act and it implemented functionality in its FHA Catalyst platform,  the new FHA tech outlined in DS News’ October cover story.“With widespread support from the industry we’ve used appropriations from Congress to build out the [Catalyst] platform,” he said. “It allowed us to quickly deploy new technology solutions to meet the constraints of doing new business during COVID-19.”He said that the agency has continued to expand FHA Catalyst’s claims module for servicers.“It started last year with capabilities to electronically submit supplemental claims. And  it’s since evolved into other claim times, particularly our loss mitigation home retention claim types like our COVID-19 standalone partial claim.”The COVID-19 Standalone Partial Claim is specifically designed to help homeowners with FHA insured mortgages to bring their mortgage payments current and come back to sustainable homeownership post forbearance. It, along with all other FHA home retention options, does not require the borrower to make a lump sum payment.Other technological advancements are being implemented, he said, and the FHA has a “vision” of further improvement for the “near future.”“We’re committed to continuing this work because it is the cornerstone upon which we can achieve,” he added. “So many of our goals to help FHA continue to serve low- and moderate-income and first-time homebuyers, to ensure that we operate FHA in a safe and sound manner, and to make it efficient for lenders and servicers to do business with us.”He continued to forecast a better future, despite the industry unknowns discussed throughout the conference. The Week Ahead: Nearing the Forbearance Exit 2 days ago November 10, 2020 1,594 Views Related Articles Sign up for DS News Daily About Author: Christina Hughes Babb Demand Propels Home Prices Upward 2 days ago  Print This Post 2020-11-10 Christina Hughes Babb Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Home / Daily Dose / FHA’s Response to a National Health Crisis  in Daily Dose, Featured, Government, Headlines, News Previous: ‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’ Next: Homeownership’s Essential Ties to Wealth-Building Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago FHA’s Response to a National Health Crisis  Subscribelast_img read more

‘Snapshot’ shows Donegal TDs 100% Dail attendance

first_img ‘Snapshot’ shows Donegal TDs 100% Dail attendance WhatsApp By News Highland – May 4, 2011 Facebook Previous articleLast month was Donegal’s warmest April in 100 yearsNext articleDonegal businessman has spent 5 years trying to create business in Killybegs News Highland News Pinterest Google+ Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR The attendance records of TDs in the Dáil for the first two weeks of a new clocking-in system show that the all of Donegal’s elected Dail members had a full attendanceThe figures are being described as only a “snapshot” of the new operation and included one “attendance reconciliation day” to deputies into the new regulations.The electronic clocking-in system is linked to expenses and Cabinet Ministers and Ministers of State are excluded as their expenses are paid by their own departments and not the Houses of the Oireachtas.The latest figures cover from 25th of February to the 31st of March and show the Dáil was in session for 8 days the vast majority of TDs attended on those dates, including all of  Donegal’s Deputies.In Donegal North East, Fianna Fail’s Charlie McConalogue was logged most days in the Dail, he was present for all 8 days the Dail sat and and extra 6 days it didn’t.Sinn Fein’s Padraig MacLochlainn was present for all days the Dail sat, and an extra 2 days it didn’t, while Fine Gael’s Joe McHugh didn’t miss a day and clocked three extra on the system.In South West, Sinn Fein’s Pearse Doherty recorded a full attendance plus 7 extra days, Independent Thomas Pringle was clocked in 11 times, 3 in addition to the days the Dail sat.Fine Gael’s Dinny McGinley was recorded as not present for all 8 days the Dail sat in the period covered – he is exempt from clocking in as he is a Junior Minister, he has however stated that he has not missed a single day the Dail sat and clocked in an additional  three times when it was not sitting.center_img Gardai continue to investigate Kilmacrennan fire Main Evening News, Sport and Obituaries Tuesday May 25th 365 additional cases of Covid-19 in Republic Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry 75 positive cases of Covid confirmed in North WhatsApp Further drop in people receiving PUP in Donegal Google+ Twitterlast_img read more

Failte Ireland say WAW is improving Donegal’s tourism figures

first_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Google+ 365 additional cases of Covid-19 in Republic Twitter Previous articleDonegal’s bathing water is ranked mostly “excellent” by the EPANext articleGardai examining clothing and personal items found near Letterkenny’s Port Bridge admin Homepage BannerNews Pinterest By admin – April 5, 2016 Man arrested on suspicion of drugs and criminal property offences in Derry Further drop in people receiving PUP in Donegal A senior Failte Ireland official says the gap between Donegal and other tourism counties is narrowing significantly.It follows claims from veteran tourism promoter and Donegal Councillor Sean Mc Eniff that Donegal has not been reaching its tourism potential as a result of centralised decision making.Joan Crawford, Team Manager on the Wild Atlantic Way project says Cllr Mc Eniff is quoting 2014 figures, and much progress has been made since then…………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/04/jcrawfweb-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.center_img Failte Ireland say WAW is improving Donegal’s tourism figures WhatsApp Google+ Main Evening News, Sport and Obituaries Tuesday May 25th Facebook Facebook 75 positive cases of Covid confirmed in North WhatsApp Twitter Gardai continue to investigate Kilmacrennan firelast_img read more

SC Dismisses PIL Seeking Exclusion Of Lockdown Period From Validity Period Of Cheques/DDs

first_imgTop StoriesSC Dismisses PIL Seeking Exclusion Of Lockdown Period From Validity Period Of Cheques/DDs Prabhati Nayak Mishra2 Jun 2020 8:18 AMShare This – xThe Supreme Court on Tuesday declined to entertain a PIL which sought a relief to exclude the time period of lockdown for calculating the limitation for presentation of cheques/demand drafts. Dismissing the PIL, a bench comprising Justices R Banumathi, Indu Malhotra and Aniruddha Bose said “In our considered view, this is a policy decision to be taken by the Reserve Bank of India…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Tuesday declined to entertain a PIL which sought a relief to exclude the time period of lockdown for calculating the limitation for presentation of cheques/demand drafts. Dismissing the PIL, a bench comprising Justices R Banumathi, Indu Malhotra and Aniruddha Bose said “In our considered view, this is a policy decision to be taken by the Reserve Bank of India regarding which the court can not issue any direction. The writ petition filed under Article 32 of the Constitution of India is dismissed as not maintainable”. The petition was filed by Advocate Harsh Nitin Gokhale as party-in-person. The petitioner referred to the recent Supreme Court order in Sou Moto Writ Petition (WP-3/ 2020) extending the period of limitation for filing of proceedings under the Arbitration & Conciliation Act, Negotiable Instruments Act, and sought relaxation of the limitation for presenting banking instruments such as cheques, demand drafts etc. for the period of lockdown, which are required to be presented before 3 months from the date of issuance. As per the RBI direction issued on November 4, 2011, banking instruments ( cheques/demand drafts) should be presented for encashment within 3 months from the date of issuance. The petitioner submitted that during the lockdown period due to COVID-19 pandemic, people have not been able to venture out to present their cheques or banking instruments. “Since the instrument would have become stale the Drawer would lose the right to the encash the banking instrument and /or valuable rights of the Drawer to proceed against the Drawee would be lost as it would be considered to be negligence of the Drawer to not present the same in due time. Such a suffering could be easily remedied, if the limitation for presentation of such banking instruments are relaxed for the period of the lockdown”, read the plea.Last week, the Delhi HC had sought the response of RBI to a petition which sought a similar direction to exclude the period of lockdown for the validity of negotiable instruments.The HC observed that the situation of a cheque becoming stale due to the banks inability to clear the same amid lockdown was “unfortunate”.Click here to download OrderNext Storylast_img read more

Peanut Butter Festival features nonstop entertainment

first_imgSkip Remember America’s heroes on Memorial Day Email the author By Jaine Treadwell Troy falls to No. 13 Clemson Pike County Sheriff’s Office offering community child ID kits Book Nook to reopen Published 2:00 am Friday, October 30, 2015 By The Penny Hoarder Latest Stories Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe 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 InterestedOffensiveRepetitiveSubmitCancel Print Article You Might Like Relay for Life kickoff Tuesday at Sweet Rack Rib Shack The Relay for Life kickoff, sponsored by Troy Bank & Trust, will be Tuesday from 5:30 to 7:30 p.m. at… read more Plans underway for historic Pike County celebration The Penny Hoarder Issues “Urgent” Alert: 6 Companies… The Peanut Butter Festival grounds will be alive with music on Saturday throughout the day. Sponsored Content Peanut Butter Festival features nonstop entertainment The Rev. Ed Shirley will get things off to a musical start with his special brand of old-time music around 9:15.  The Hendersons will take center stage around 9:45 followed by the Benton Brothers & Company.From 11 a.m. until around parade time at 1 p.m. The Herb Trotman Band from Birmingham will perform their award-winning brand of bluegrass music.Following the parade, the American Legion Line Dancers will take the dance floor. The dancers will invite participation from the audience so hog callers and buck dancers get ready. “In His Step” Dancers will perform around 3 p.m. and open mic will follow.Admission to the Peanut Butter Festival and all the fun are free. So, y’all come!last_img read more