Eterna Plc (ETERNA.ng) Q12015 Interim Report

first_imgEterna Plc (ETERNA.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2015 interim results for the first quarter.For more information about Eterna Plc (ETERNA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Eterna Plc (ETERNA.ng) company page on AfricanFinancials.Document: Eterna Plc (ETERNA.ng)  2015 interim results for the first quarter.Company ProfileEterna Plc manufactures and sells a range of lubricants and petroleum products aswell as supplies imported fuels for the retail, industrial, agricultural, automotive, marine and energy sectors in Nigeria. The Trading division bulk imports and sells premium motor fuels and automotive gas oil, dual purpose kerosene, base oils, bitumen. low pour fuel oil and crude oil. The company has a technical trading relationship with Castrol BP, leaders in global lubricant technology and specialty chemicals. Through a distributorship agreement, Eterna Plc has exclusive rights to import and market Castrol products in Nigeria and the ECOWAS sub-region. The company has a lubes blending plant with a state-of-the-art laboratory that produces Castrol products as well as a coastal tank farm in Lagos with a capacity of 34 million litres; an aviation depot at Nnamdi Azikwe International Airport in Abuja; a coastal storage facility in Ikot Abasi and Akwa Ibon state and filling stations located in the major towns and cities of Nigeria. The business was established in 1991 as Eterna Oil & Gas Limited and re-registered as a public limited company in 1997. Its head office is in Lagos, Nigeria. Eterna Plc is listed on the Nigerian Stock Exchangelast_img read more

Read More »

Total Petroleum Ghana Limited (TOTAL.gh) 2020 Abridged Report

first_imgTotal Petroleum Ghana Limited (TOTAL.gh) listed on the Ghana Stock Exchange under the Energy sector has released it’s 2020 abridged results.For more information about Total Petroleum Ghana Limited (TOTAL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Total Petroleum Ghana Limited (TOTAL.gh) company page on AfricanFinancials.Document: Total Petroleum Ghana Limited (TOTAL.gh)  2020 abridged results.Company ProfileTotal Petroleum Ghana Limited supplies petroleum and allied products for vehicles with petrol and diesel engines as well as fuel and fuel oil for the aviation, marine and mining sectors in Ghana. The company also supplies a range of automotive lubricants and special fuels including racing fuels and lubricants, biocides, industry fuels, refining additives and performance additives. Total Petroleum Ghana Limited offers expertise and services to support the mining supply chain which include a fluid analysis laboratory, fuel management system, filtration and contamination management, mobile tank solutions, on-site refueling, road transport safety and solar energy solutions. Total Petroleum Ghana Limited is a subsidiary of Ghanstock Limited. Total Petroleum Ghana Limited is listed on the Ghana Stock Exchangelast_img read more

Read More »

3 UK shares to buy to generate a passive income

first_imgSimply click below to discover how you can take advantage of this. Image source: Getty Images 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. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Greencoat UK Wind. 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. Rupert Hargreaves | Saturday, 6th March, 2021 | More on: NG UKW “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Enter Your Email Address 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. 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. 3 UK shares to buy to generate a passive income I believe that acquiring equities is one of the easiest ways to generate a passive income. With that in mind, here are three UK shares I’d buy today to add to my portfolio. UK shares to buyIn my opinion, one of the best income stocks on the market today is National Grid (LSE: NG). At the time of writing, shares in this utility company support a dividend yield of around 6%. 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…One of the reasons why I like this company so much is its defensive nature. As the electricity network owner in the UK and Wales, National Grid has an unrivalled position in the UK utility market. I think this could underpin its dividend to investors for decades to come. That said, the corporation does face challenges. Regulators are starting to clamp down on utilities’ high profits and mixed customer service records. This could impact the group’s growth in the future. National Grid also has to spend a lot maintaining and developing its network. A large storm or other natural disasters could cause significant damage to its assets, which would impact investor returns. Still, despite these risks, I’d buy the stock for my passive income portfolio today. Passive income from green energyAnother utility business that features on my list of UK shares to buy for a passive income is Greencoat UK Wind  (LSE: UKW). Shares in this wind farm owner and operator currently offer a dividend yield of 5.5%. The payout is supported by income from the group’s growing wind farm assets. In recent years, the organisation has been spending heavily to buy up new wind farm assets. This has helped it realise inflation-busting dividend growth every year. Of course, there’s no guarantee the firm will be able to continue with this policy. It faces several risks as we advance, including the wave of investment set to enter the wind industry over the next few years. This could lead to excess supply, making it harder for Greencoat to earn a high return on its assets. Nonetheless, I’d also buy the stock for income now. Telecoms income Telecom Plus (LSE: TEP) is a fully-integrated utility, telecoms and insurance provider for homeowners. Its offering has proved popular with consumers over the past 10 years, and earnings per share have grown at a compound annual rate of around 3%. This growth has enabled management to increase the dividend by more than 30% over the past five years. One of Telecom Plus’ secret weapons is its customer service. Its Utility Warehouse business has been recommended by the consumer magazine Which every year for the past decade. While this is a benefit today, it could also become a risk. If the firm loses its reputation for excellent customer service, clients may start going elsewhere. Higher energy costs and increased regulation are other risks that may impact the group’s long-term potential. Despite these challenges, I believe this is one of the best UK shares to buy today for a passive income as it currently offers a yield of 5%. On that basis, I’d buy the stock today. See all posts by Rupert Hargreaveslast_img read more

Read More »

Hidden Valley / Marmol Radziner Prefab

first_img 2007 Save this picture!© Joe Fletcher Photography+ 18 Share CopyAbout this officeMarmol Radziner PrefabOfficeFollowProductsGlassSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesMoabUnited StatesPublished on June 03, 2011Cite: “Hidden Valley / Marmol Radziner Prefab” 03 Jun 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisMill Finished Copper: Nordic StandardDoorsRaynorThermal Sectional Doors – FlexFamily™SinksBradley Corporation USASinks with WashBar Technology – Verge LVQ SeriesExterior DeckingLunawoodThermowood DeckingStonesCosentinoNon-slip Treatment – Dekton® Grip +Metal PanelsSherwin-Williams Coil CoatingsValflon® Coating in Edmonton Public LibraryWallcovering / CladdingLinvisibileLinvisibile Boiserie and Skirting Systems | OrizzonteMineral / Organic PaintsKEIMMineral Paint in Beethoven HausWall / Ceiling LightsEureka LightingCeiling Recessed Lights – OutlineFurnitureFrapontWood Furniture and EquipmentMore 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 Hidden Valley / Marmol Radziner PrefabSave this projectSaveHidden Valley / Marmol Radziner Prefab “COPY” CopyHouses•Moab, United States Projects Area:  2500 ft² Year Completion year of this architecture project “COPY” Year:  Architects: Marmol Radziner Prefab Area Area of this architecture project Photographs:  Joe Fletcher PhotographyText description provided by the architects. Designed for an active couple as a vacation home, Hidden Valley celebrates nature in its careful siting, emphasis on indoor/outdoor living, and integration of sustainable design elements. The prefab house sits on an open, hundred-acre site punctuated by red rock formations and cliffs in the arid desert of Moab, Utah. The two-bedroom, two-bath structure is comprised of five interior modules and seven deck modules.Save this picture!© Joe Fletcher PhotographyRecommended ProductsWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWindowsStudcoSteel Window Reveal – EzyRevealWindowsKalwall®Facades – Window ReplacementsWindowsSolarluxSliding Window – CeroThe design of the home blends indoor and outdoor living spaces, with expansive decks, floor-to-ceiling windows, and an open plan. The main approach winds around the solid, metal-clad side of the home, revealing the opening of the front entry deck with a broad view across the pool to a tall boulder formation. The primary axis of the main house runs along a rock ledge, creating dramatic views out over the landscape. With three full sides of windows and sliding glass doors, the views in the great room proceed from southern (looking out over the rock ledge) to western (red rock boulder formations), and finally to the northern views of snow-capped mountains in the distance. The guest wing with an exercise room opens up to views of the boulder formations on one side and the mountains on the other. Save this picture!© Joe Fletcher PhotographyThe house was produced almost entirely in the Marmol Radziner Prefab factory. Precut steel beams and joists were welded together to create the floor and roof frames. Next, the precut columns were attached to the floor frame and the roof frame was then placed on top of the columns. Subsequently, structurally insulated panels (SIPs) that create the sub-floor and roof structures were installed. Once the steel frame was set, the interior wall framing, plumbing, and electrical and mechanical components were completed. Finally, the windows and doors, interior and exterior finishes, built-in casework, appliances, and fixtures were installed. Save this picture!© Joe Fletcher PhotographyThe modules were then shipped to the site on flatbed trucks and lifted on to the foundation with a crane. The modules were then bolted together and welded to the foundation to become a permanent structure. Finally, the home was connected to the site infrastructure, at pre-determined hook-up joints, and patched along the lines where the modules meet. Save this picture!© Joe Fletcher PhotographyHidden Valley uses sustainable materials and systems to minimize the environmental impact home, both in its creation and in its function. To reduce energy consumption, SIPS in the home’s floor and ceilings provide superior insulation. Geothermal systems use the earth to heat and cool the home, while solar panels draw energy from the sun. Modular construction maximizes factory production, thereby minimizing construction waste due to precise cutting and the ability the reuse and recycle of excess materials. Save this picture!© Joe Fletcher PhotographyFactory production also centralizes trades, which reduces vehicular emissions from travel to construction sites. This is particularly important for the remote location of Hidden Valley, where instead of having the construction staff drive to the home site every day, fifteen trucks delivered the completed home over two days. The home’s recycled steel frame promises long-term endurance against natural elements, such as termites, and mold without requiring chemical treatments. The home employs other green materials, including FSC-certified wood, low VOC Green Seal paint, and Energy Star appliances.Save this picture!planProject gallerySee allShow lessIT Incubators / Symbiosis Designs LTDArticlesHL Architecture Wins the First Prize in the Competition for Brede School on BonaireArticles Share Hidden Valley / Marmol Radziner Prefab Houses Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/140197/hidden-valley-marmol-radziner-prefab Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/140197/hidden-valley-marmol-radziner-prefab Clipboard United States ArchDailylast_img read more

Read More »

Golden Crust Bakery / Jackson Clements Burrows Architects

first_imgArchDaily “COPY” Projects Houses CopyHouses•Armadale, Australia 2009 Save this picture!© Shannon McGrath+ 26 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/321726/golden-crust-bakery-jackson-clements-burrows-architects Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/321726/golden-crust-bakery-jackson-clements-burrows-architects Clipboard Photographs Architects: Jackson Clements Burrows Area Area of this architecture project Area:  800 m² Year Completion year of this architecture project Year:  Australia Photographs:  Shannon McGrath Save this picture!© Shannon McGrathText description provided by the architects. This project involved an extensive re-furbishment of the Golden Crust Bakery in Armadale Melbourne. The original building fabric was retained and an extensive interior scheme was developed which engaged with the industrial history of the building. A new bridge was inserted which connected the two primary buildings providing a social connection between separated spaces.Save this picture!© Shannon McGrathThis project commenced in 2006 as a residential warehouse fit-out of the former Golden Crust Bakery in Armadale. In its more recent life the Golden Crust Bakery had suffered from a mock French provincial make over that was incongruous with the original architecture. The building was in a state of serious deterioration and whilst it was perceived to have potential to meet our clients brief, the possibility of demolition was a serious consideration on the basis that the building was not protected by any heritage overlays.Save this picture!© Shannon McGrathWhilst our clients were attracted to the building because of its modest character, their primary attraction was the potential to address their expansive family accommodation requirements which included four children in their late teens (from a prior marriage), two recent children and regular visits from grandparents (who reside overseas). A “Brady Bunch” of sorts. Save this picture!© Shannon McGrathThe clients made an early decision to commit to retaining the Bakery which was highly valued in the streetscape by the surrounding neighbours. The project was approached on the common understanding between client and architect that the building would be re-invigorated with careful attention to appropriate detailing which would both preserve and enhance its semi-industrial appeal.  The client’s uncompromised commitment to the preservation and enhancement of the existing fabric provided the foundation for the project’s ultimate success. Save this picture!© Shannon McGrathThe brief for the project was reasonably straightforward however the requirement for a combination of separation and social integration in a large family is often complex.  In response, the brief was condensed into four basic zones: Save this picture!© Shannon McGrath Parents (master bedroom accommodation on First floor and ground floor   studies   separated from Living areas).    Family (an expansive congregational area for dining / living and kitchen areas   – the heart of the house) Kids (upstairs in main building closer to Master Bedroom Areas) Teenagers (Rear former stables building separated from main house   including three kids rooms, a guest room and rumpus area). Save this picture!© Shannon McGrathAn important consideration associated with the creation of separate zones was the need to ensure that social integration was maintained and encouraged. The primary device for achieving this integration was the introduction of a bridge which linked the first floor of the main building (young kids) and the first floor of the stables (teenage kids). An exciting sculptural space which allowed the “littlies” to directly engage with the “biggies”…..on some days, reminiscent of young warrior and princess arm in arm crossing the draw-bridge to enter the haunted castle… Save this picture!© Shannon McGrathThe physical separation of the teenage kids from the primary living areas (provided by passing over or under the bridge through covered outdoor space) also defines their growing sense of independence. Save this picture!© Shannon McGrathThe bridge extends its function by providing important shading protection from both east and west sun. Other ESD strategies include automated external shutters to all primary east and west facing glass, architectural sun-screening devices, VRV A/C systems, solar hot water systems, solar pool heating, automated electrical management and 120,000L of underground rainwater storage for use in toilets, pool and garden irrigation.Save this picture!Ground Floor PlanProject gallerySee allShow lessGlass Farm / MVRDVSelected ProjectsmodeLab Dynamic Behaviors in Processing WebinarArticles Share Golden Crust Bakery / Jackson Clements Burrows Architects CopyAbout this officeJackson Clements BurrowsOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesArmadaleHousesAustraliaPublished on January 22, 2013Cite: “Golden Crust Bakery / Jackson Clements Burrows Architects” 22 Jan 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceVinyl Walls3MVinyl Finish – DI-NOC™ SandShowerhansgroheShowers – Raindance SelectWoodEGGERTimberSignage / Display SystemsGoppionDisplay Case – Bre-ClassMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVLightsLouis PoulsenOutdoor Lighting – Flindt PlazaStonesMikado QuartzQuartz Slab – MarbleWoodStructureCraftEngineering – Long-Span StructuresWoodBlumer LehmannAssembly and Logistics of Wood ProjectsHandlesKarcher DesignDoor Handle Madeira ER45Chairs / Benches / CouchesArperModular Sofa – LoopMore 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 Golden Crust Bakery / Jackson Clements Burrows ArchitectsSave this projectSaveGolden Crust Bakery / Jackson Clements Burrows Architects “COPY”last_img read more

Read More »

Malian newspaper editor sentenced to six months in prison

first_img to go further A municipal court in the capital, Bamako, sentenced Boubacar Yalcouyé, the editor of the newspaper Le Pays, to six months in prison (two of them suspended) on a charge of defaming the supreme court’s judges by reporting that they were paid nearly 1.4 million euros to uphold the validity of President Ibrahim Boubacar Keita’s reelection last August. Reporters Without Borders (RSF) is appalled by the jail sentence that a Malian newspaper editor received today for reporting that Mali’s supreme court judges were bribed, and calls on the authorities to keep their pledge to decriminalize press offenses, so that it will no long be possible to imprison journalists in connection with their work. MaliAfrica Condemning abusesProtecting journalists ImprisonedFreedom of expression RSF helps coordinate support for French journalist kidnapped in Mali RSF_en Mali is ranked 115th out of 180 countries in RSF’s 2018 World Press Freedom Index. “Without taking a position on the substance of this article, we think it is wrong to jail a journalist for a press offence,” said Arnaud Froger, the head of RSF’s Africa desk. “This sentence is completely disproportionate, especially as there are other ways, such as a complaint to the regulatory body, to establish whether this article was defamatory. The extreme severity of this sentence highlights the urgency of passing a law that finally decriminalizes press offences, as promised by the Malian government.” Yalcouyé has not so far been detained in connection with this case and the court did not issue a detention order today. His lawyers confirmed to RSF that they will appeal against his conviction and sentence. The press law that Mali adopted in July 2000 is extremely punitive, providing for many prisons sentences and heavy fines. Defamation is punishable by between 11 days and 12 months in prison. Reporters Without Borders rallies former hostages in Paris, following the kidnapping of journalist Olivier Dubois. December 27, 2018 Malian newspaper editor sentenced to six months in prison News May 5, 2021 Find out more French reporter says he has been kidnapped in northeastern Mali MaliAfrica Condemning abusesProtecting journalists ImprisonedFreedom of expression News News Organisation News June 8, 2021 Find out more May 17, 2021 Find out more Help by sharing this information Follow the news on Mali Receive email alertslast_img read more

Read More »

Factors Impacting Delinquent Loan Projections

first_img The Best Markets For Residential Property Investors 2 days ago Factors Impacting Delinquent Loan Projections default Delinquency loans mortgage MountainView Financial MSR Rates 2018-10-09 Radhika Ojha Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago October 9, 2018 2,267 Views Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: default Delinquency loans mortgage MountainView Financial MSR Rates Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Factors Impacting Delinquent Loan Projections Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Previous: What’s Driving Mortgage Servicing? Next: HSBC Looks Ahead After Resolving Legacy RMBS Matter Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Share Save About Author: Radhika Ojha Related Articles Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, News Are advances on a loan and the losses associated with them a part of the asset they’ve been taken against or are they separate entities? And while it is easy for mortgage servicers to think about revenue realization for more extreme delinquency levels, how can they account for those in the early levels of default? A recent webinar on mortgage servicing rights (MSR) performance for October by Mountainview Financial gave insights into these questions and how mortgage servicers can forecast their impact more accurately.Presented by Mark Garland, Managing Director, Business Analytics, Mike Riley, Managing Director, Analytics and Matt Maurer, Managing Director Business Development, the webinar also took a closer look at how the rising interest rate environment was impacting the performance of MSR assets.”Bonds have been selling off hard and very fast as rates are going higher,” said Riley. “We saw a largely parallel shift in rates for MSRs on a month over month basis in September and despite the rising rates, there was no really large movement in mortgage spreads or volatility.”Looking at prepayment activity, Riley said that there was almost no rate term refinancing activity across most of the outstanding loan population.Speaking about advances, losses and their relationship to mortgage servicing, Garland gave insights into whether advances should be counted as a part of the asset or as a separate entity in a financial statement. “At Mountainview, we believe that the cost of the advance is very much a part of the asset,” Garland said. Explaining the implications of fair values on advances, Garland said that often with ABS products, when rates fell the value would go up because the cost of advance would go down. “Some people see the cost of advances as a reduction in custodial flow. The premise is that even though they don’t necessarily get everything together, some of these funds are fungible and they’re ultimately sitting with custodial balances so really the advances theoretically are a reduction in float opportunity,” he said.In terms of revenue realization Garland said that while it was easy to think about the revenue realization model for extreme delinquency levels, many servicers found it difficult to forecast the model for early-stage delinquencies. “When the consumer doesn’t pay, the servicer doesn’t get paid and it’s very easy when we think of revenue realization when you go to the most extreme part of the default cycle like 90+ or 120+ delinquencies, but there’s not enough attention paid to the 30 and 60-day product,” he said, while recommending that servicers must understand patterns in what percentages are collected versus anticipated, especially on varying delinquency levels.Some of the other factors that made it difficult for servicers to forecast these models were issues where a lender paid mortgage insurance and partial payments or even events like hurricanes which can cause a good deal of disruption in the forecast.To view the full webinar click here.To see the slides from the webinar, click here. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more

Read More »

Traders in Derry want Attwood to ‘come clean’ over planning applications

first_img WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th News Google+ Pinterest Facebook Man arrested on suspicion of drugs and criminal property offences in Derry Google+ 365 additional cases of Covid-19 in Republic RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Further drop in people receiving PUP in Donegal center_img Traders are angry after Environment Minister Alex Attwood further postponed an announcement of seven major planning applications in Derry, originally due at the end of June.The applications include several major retail developments and at least one hotel, with developers keen for a decision in time to be ready for City of Culture year 2013.The minister was to give his decision in early July, but this was delayed while he awaited the findings of a Retail Impact Study and a second provisional date was given for the end of July.As that date has come and gone, Mr Attwood has now revealed that he will come to Derry in three weeks, but only to outline the conclusions of the impact studies, not to make known his decisions on the applications.However, the city’s Independent Traders Forum chairman is convinced the minister has already decided and wants Alex Attwood to “come clean”.Martin McCrossan said that he did not accept that the minister has not yet decided which of these major applications he is going to approve. By News Highland – August 8, 2012 Previous articleDonegal Club Championship matches for next weekend postponedNext articleCouncil expects to raise €4 million this year from holiday home tax News Highland Facebook Pinterest WhatsApp Traders in Derry want Attwood to ‘come clean’ over planning applications Twitter Twitter 75 positive cases of Covid confirmed in Northlast_img read more

Read More »

Examining The Validity Of The Notification Of BCI Abolishing One Year LL.M

first_imgColumnsExamining The Validity Of The Notification Of BCI Abolishing One Year LL.M Pawan Reley11 Jan 2021 8:49 PMShare This – xRecently the Bar Council of India passed a notification on 2.01.2020 inter alia abolishing the one year LL.M course and introducing the two year LL.M course shocking the conscience of many in the legal solidarity and law student’s fraternity. Taking into that consideration, this article is written, thus, not to make any comment on the fact that whether two year LL.M course is better than…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?LoginRecently the Bar Council of India passed a notification on 2.01.2020 inter alia abolishing the one year LL.M course and introducing the two year LL.M course shocking the conscience of many in the legal solidarity and law student’s fraternity. Taking into that consideration, this article is written, thus, not to make any comment on the fact that whether two year LL.M course is better than one year LL.M course or vice versa, or to say that whether new notification passed by the Bar Council of India (BCI) will ensure the better higher legal education in India than earlier. The centripetal object of this article is to analyse the validity of the notification and to scan the anatomy of the existing vires of the BCI to pass such notification. In order to do that, it is required to have glimpse on the events leading to the instant notification dated 2.01.2020 passed by the BCI. Events In Brief Leading To The Recent Notification Passed By The BCI: It was the University Grants Commission (UGC) which considered and approved the introduction of one year LL.M degree programme on 18.01.2013 with intent to restructure and revamp Legal Education system in the country. The National Education Policy, 2020 (NEP 2020), which was approved by the Union Cabinet of India on 29 July 2020 transformed the UGC to the Higher Education Grants Council (HEGC) and limited its role merely to carry out funding and financing of higher education. It further introduced the Higher Education Commission of India (HECI) and National Higher Education Regulatory Authority (NHERA). It states that NHERA will be the only regulator for all higher education, including professional education excluding medical and legal education. However, NEP 2020 is absolutely silent about the regulatory agency governing the higher legal education. It is to be noted that the Bar Council of India, on 2.01.2020 passed a notification titled as “BCI Legal Education (Post Graduate, Doctoral, Executive, Vocational, Clinical and other Continuing Education) Rules, 2020”. This notification was passed by the BCI making the NEP 2020 as its epicentre. The essential effect of the aforementioned notification inter alia is extracted hereinbelow: to abolish the one Year LL.M Course (Rule 6); making the LL.M course for two years [Rule 5 (2)]; annually conducting a Post Graduate Common Entrance Test in Law (PGCETL) for admission in Master Degree course in Law (Rule 8);regulating Ph.D./SJD registration & procedure for course-work (Rule 15);Faculty Improvement & teachers training (Rule 19); state that one year LL.M. obtained from any foreign University is not equivalent to Indian LL.M. degree etc. Analysing The Validity Of The Notification: It is to be noted that the said notification abolishing one year LL.M has been passed by the BCI in light of the recent NEP 2020 and in view of the Sections 7(1)(h), (i); (ia); (ib); (ic); (2)(b); (c); 15(1); 49(1)(af); (d); (e) of the Advocates Act, 1961. The said provisions of Advocates Act, 1961 were in existence even prior to NEP 2020 came into existence. However, the BCI never passed any such notification governing the higher legal education while using the aforesaid provisions of the Advocates Act. It is only after NEP 2020 coming into existence that such notification was passed by the BCI. Thus, it is important to have a look into the relevant provisions of NEP 2020 in relation to governing the Higher Education. 18.3. The first vertical of HECI will be the National Higher Education Regulatory Council (NHERC). It will function as the common, single point regulator for the higher education sector including teacher education and excluding medical and legal education, thus eliminating the duplication and disjunction of regulatory efforts by the multiple regulatory agencies that exist at the current time. It will require a relook and repealing of existing Acts and restructuring of various existing regulatory bodies to enable this single point regulation. It is very relevant to note that NEP 2020 has on one side excluded the higher legal education from being governed by NHERC or HECI and on other side is silent about the regulatory agency governing the higher legal education. It has nowhere directly conferred any power on the BCI to govern the higher legal education. It has merely provided that NHERC or HECI will not govern the higher legal education in order eliminate the duplication and disjunction of regulatory efforts by the existing regulatory agency. However, in strong words it has provided that “it will require a relook and repealing of existing Acts and restructuring of various existing regulatory bodies to enable this single point regulation”. Its gives the following inferences: That Advocates Act, 1961 is required to be relooked and if needed amended to confer power on the regulatory agency governing higher legal education; orThat Advocates Act, 1961 is required to be repealed and new Act is required to govern the complete legal education including the higher education; orThe BCI or any other regulatory agency has to be restructured in order to govern the Higher Legal Education. The NEP 2020 has actually provided that in order to govern the higher legal or medical education current governing agency is either required to be restructured or their parent Act is mandated to be relooked. It means the current governing agency i.e. BCI does not have any power to govern the higher legal education. NEP 2020 has not made any changes in the power of BCI to govern the legal education. If it had been the intention of the framers of NEP 2020 to confer the power of governing the higher legal education on the BCI, then they would have specifically conferred the same or would not have stated about the requirement of restructuring the body or Parent Act. It is relevant to note that mere “exclusion of the higher legal education from the ambit of NHERC or HECI,” by NEP 2020 cannot be considered as “inclusion of the higher legal education within the ambit of BCI automatically”. Further the power of BCI to govern the legal education is still same as it were prior to NEP 2020 coming into existence. The instant notification passed by the BCI in its introduction part provides the relevant provisions on which the notification is passed. It provides the relevant provisions of the Advocates Act, 1961 in following words: “Be that as it may, these Rules are notified in view of Sections 7(1)(h), (i); (ia); (ib); (ic); (2)(b); (c); 15(1); 49(1)(af); (d); (e)…” Thus, it is required to have sight into the relevant provisions of Advocates Act, 1961 under which the instant notification has been passed to see whether Advocates Act, 1961 confers any power on the BCI to govern the higher legal education. The provisions are extracted hereinbelow: Section 7: Functions of Bar Council of India: (a)-(g): XXX (h): to promote legal education and to lay down standards of such education in consultation with the Universities in India imparting such education and the State Bar Councils; (i) to recognise Universities whose degree in law shall be a qualification for enrolment as an and for that purpose to visit and inspect Universities [or cause the State Bar Councils to visit and inspect Universities in accordance with such directions as it may give in this behalf]; (ia) to conduct seminars and organize talks on legal topics by eminent jurists and publish journals and papers of legal interest; (ib) to organise legal aid to the poor in the prescribed manner; (2) The Bar Council of India may constitute one or more funds in the prescribed manner for the purpose of— (b) giving legal aid or advice in accordance with the rules made in this behalf;] (c) establishing law libraries; Section 15. Power to make rules.— A Bar Council may make rules to carry out the purposes of this Chapter. Section 49. General power of the Bar Council of India to make rules: The Bar Council of India may make rules for discharging its functions under this Act, and, in particular, such rules may prescribe: (af) the minimum qualification required for admission to a course of degree in law in any recognised university; (d) the standards of legal education to be observed by universities in India and the inspection of universities for that purpose; (e) the foreign qualifications in law obtained by persons other than citizens of India which shall be recognised for the purpose of admission as an advocate under this Act. It is essential to note that Section 7 (1) (h) of the Advocates Act, 1961 provides power to BCI to promote legal education and to lay down standards of such education only in consultation with the Universities in India. This section does not give any power to BCI to govern the higher legal education. However, if it gives, then the same must be exercised only in consultation with the Universities in India. The instant notification dated 2.01.2020 does not evince that any such consultation with the universities in India has taken place. In absence of such consultation with the Universities, the instant notification is ultra vires the provisions of Advocates Act, 1961. At this juncture, it is important to note the judgement passed by the Hon’ble High Court of Punjab and Haryana in the case titled as “Gopal Krishan Chatrath vs Bar Council Of India, AIR 2001 PH 41” where the Hon’ble High Court dealt with the amendment to Rule 2(1) of Section B in- Part-IV of the Bar Council of India Rules on legal education requiring the law colleges/departments to run only day session from the year 2000-2001. The Hon’ble High Court struck down the said amendment and held that: “…The perusal of Section 7(1)(h) and Section 49(1)(d) definitely leads us to a conclusion that for promoting legal education and for laying down the standards of legal education the Universities in India and the State Bar Councils were required to be consulted and that the said consultation had to be effective consultation because the Universities are engaged in imparting the legal education. There has been no consultation of the Universities in India and in this regard we are fortified by the affidavit filed by the Registrar of Panjab University, the specific para of which has been noted above to the effect that the Panjab University had not been consulted at the time of promulgation of the amendment carried out under rule 2(1) of the Rules.” The Hon’ble Supreme Court in the case of “V Sudeer vs BCI, AIR 1999 SC 1167” emphasised the role of the Universities and State Bar Councils before making any change in set-up providing legal education. Further, the BCI also can-not take recourse to Section 7 (1) (i) of Advocates Act since the function of the BCI under that provision is merely to recognise Universities whose degree in law shall be a qualification for enrolment as an advocate. The degree of LL.M course is not a qualification for enrolment as advocate. Further, Section 15 (1) has no relevance since under this Section the BCI can only make rule for the purpose of Chapter-II (Section 3-Section 15) of the Advocates Act, 1961. The entire Chapter-II is silent about the power of BCI to govern the Higher Legal Education without consultation of the universities and State Bar Councils. Section 49 (1) (af) provides the general power of the BCI to make rules for the minimum qualifications required for admission to a course of degree in law. Here, the BCI again cannot provide the maximum qualification as it is left on the universities to provide the same. Further, providing the additional or complete qualification should be with the consent of the universities as laid down under Section 7 of the Advocates Act, 1961. Section 49 (1)(d) provides power to BCI to make rules for making standards of legal education to be observed by the universities in India. It does not give an autonomy to BCI to govern and set each and every standard for the purpose of higher legal education. Thus, it may safely be concluded, that NEP 2020 demanded the restructuring of the existing regulatory body or amending the existing law governing the regulatory body in order to govern the higher legal education such as LL.M or PhD. It did not give direct power to BCI to govern the higher legal education. The existing provisions of the Advocates Act, 1961 are not adequate for the BCI to pass notification governing the higher legal education. Mere exclusion of the higher legal education from the ambit of NHERC or HECI under NEP 2020 will not automatically entitle the BCI to govern the same. Apt amendment is required under the Advocates Act, 1961 to arm the BCI to pass such notifications.Views are personal.(Author is a practicing Lawyer at the Supreme Court of India) Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Read More »

Indiana bus driver arrested for allowing students to drive bus

first_imgiStock/Thinkstock(VALPARAISO, Ind.) — A school bus driver in Indiana is under arrest after students filmed her allowing kids to drive the bus.Joandrea Dehaven McAtee, 27, was arrested on Friday and charged with felony neglect of a dependent. A person can be charged with neglect of a dependent if a decision “places the dependent in a situation that endangers the dependent’s life or health,” according to Indiana state law.According to police, McAtee allowed three students — an 11-year-old, 13-year-old and 17-year-old — to drive the school bus for short distances Thursday in rural Valparaiso, Indiana. There were other students on the bus at the time, some of whom recorded the incident.“First, what you gotta do, is put your foot on the brake,” the driver, identified by authorities as McAtee, is heard saying in one video.The student who filmed the video said it was a middle schooler who was driving.McAtee was immediately fired by First Student, the company that operates buses in Porter Township, after the video and allegations surfaced.“We are incredibly disappointed by the actions of our former driver,” First Student said in a statement to ABC News. “There is nothing more important than the safety of the students we transport. Behavior such as this is completely unacceptable and totally at odds with what we stand for as a company. The driver has been terminated. We have a zero-tolerance policy for employees whose actions may harm or put others at risk.”Porter Township School Corporation said students and parents both reported the conduct to the school administration, and its investigation “quickly substantiated” that McAtee allowed students to drive the bus.“Upon receiving information regarding this incident, PTSC administration, First Student (our bus service provider) and the Porter County Sheriff’s Department immediately began an investigation,” the township said in a statement. “The investigation quickly substantiated the allegations, and the driver was relieved of all duties involving Porter Township School Corp. The Porter Township School Corp. is angered and disappointed in the actions of this driver. The safety of our students is a top priority.”“This individual’s actions are not reflective of the hard work, dedication, and professionalism of our staff,” the statement continued. “We are thankful for the students and parents who came forward quickly with this information to both PTSC administration and law enforcement, allowing us to respond expediently and take the proper steps to insure student safety.”McAtee’s only previous arrest in the state was for speeding in her own vehicle in New Chicago, Indiana, in February 2017 for driving 54 mph in a 35 mph zone, court records show. She was found guilty and paid the resulting fine. Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Read More »