UACN Property Development Plc (UACPR.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2016 circular For more information about UACN Property Development Plc (UACPR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the UACN Property Development Plc (UACPR.ng) company page on AfricanFinancials.Document: UACN Property Development Plc (UACPR.ng) 2016 circular Company ProfileUACN Property Development Plc is a property investment company in Nigeria that buys, develops, sells, leases and manages commercial and residential accommodation and retail space. The company offers accommodation options in the luxury, premium and classic sectors of the real estate market. UACN Property Development Plc also owns and operates a hotel in Lagos which includes conferencing and banquet facilities. Its head office is in Lagos, Nigeria. UACN Property Development Plc is listed on the Nigerian Stock Exchange
The high-calibre small-cap stock flying under the City’s radar Manika Premsingh owns shares of Ocado Group. The Motley Fool UK has recommended Just Eat Takeaway.com N.V. and Ocado 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. MGC Pharmaceuticals (LSE: MXC) was the first cannabis company to list on the London Stock Exchange earlier this year. While the stock saw a good opening, its share price has fallen to less than half its initial highs. There is little to pin the share price fall on, though. All listed cannabis stocks have seen a reversal in stock market fortunes in the past few months. As far as I can tell, regulation has not changed for the worse. 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…So, if anything, I think this could be an opportunity to buy stocks in the cannabis industry, which is slated to grow fast.Robust revenue growthAmong the cannabis stocks listed on the London Stock Exchange, that include the David Beckham-backed Cellular Goods and the medical and wellness solutions provider Kanabo Group, I think MGC Pharma has an advantage. It has been around far longer than any of the others. And it has a revenue stream. Cellular Goods is pre-revenue and Kanabo has some revenues from its pilots, but that is about all. MGC Pharma, on the other hand, has been generating revenue for years now. For the financial year ending June 30 2020, its revenues were at A$2m, which was more than three times the levels seen in the year before. Its latest trading update released last month was encouraging too. It says that in March it saw its “best monthly sales revenue”, and for the quarter ending March 2021, it had a “record quarter of sales revenues from its proprietary phytomedicine product line”. Visible pipelineThe company, which produces cannabis-based medicines, saw this increase in sales as it delivered a bulk order to SwissPharmaCan, a nutraceutical company. Nutraceuticals refer to any food with health benefits beyond nutrition.This sale alone almost doubled MGC Pharma’s revenue for the quarter. Specifically, it supplied an anti-inflammatory supplement, which is aimed at countries with a high incidence of Covid-19. Further, it now has a three-year contract with SwissPharmaCan, which guarantees revenues for the company. I think this bodes well for its share price. Contextualising the lossesMGC Pharma is still loss-making, but I do not think that needs to get in the way of its share price performance. There are multiple examples of high-performing stocks in growing industries that are also loss making. Consider FTSE 100 stocks like Ocado or Just Eat Takeaway. They are expanding fast, as is evident from their double-digit growth rates. Both companies have given a new spin to an old business, by digitising grocery and restaurant deliveries respectively. And both are running with losses. I see MGC Pharma in the same light. Here, though, the one big risk is that regulation may turn against cannabis companies, if any serious side effects to their products are discovered.My takeawayOtherwise though, if MGC Pharma continues to increase its revenues, I think its stock can do quite well. I am watching it closely. See all posts by Manika Premsingh 1 high-potential cannabis stock I like Manika Premsingh | Thursday, 20th May, 2021 | More on: MXC Image source: Getty Images Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Our 6 ‘Best Buys Now’ Shares Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! 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. Enter Your Email Address 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. Simply click below to discover how you can take advantage of this.
Rector and Chaplain Eugene, OR Canon for Family Ministry Jackson, MS AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Presiding Bishop Michael Curry, The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Ethnic Ministries, Rector Shreveport, LA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Priest Associate or Director of Adult Ministries Greenville, SC Rector Belleville, IL Presiding Bishop Michael Curry speaks July 28 during the first session of Becoming Beloved Community NOW, which was hosted on Zoom and livestreamed on Facebook.[Episcopal News Service] The Episcopal Church’s Becoming Beloved Community NOW, a three-part series of webinars on different aspects of the church’s racial reconciliation work, was overwhelmed by interest in the Zoom sessions this week, both in registrations and in replay of the videos on Facebook.The webinars were hosted July 28-30 by a church committee known as the Presiding Officers’ Advisory Group on Beloved Community Implementation, which sought to harness the momentum across the church generated by recent nationwide protests against racial injustice and police brutality. The webinars’ views indicate that momentum hasn’t subsided.Nearly 1,700 people registered for the July 28 webinar, which explored the theme “Truth,” and of those registrants, 1,293 people logged in through Zoom. It also was livestreamed on Facebook to accommodate more people. One way to put those numbers in context: If the “Truth” webinar were a congregation, its attendance topped the official average Sunday attendance of all but four congregations across the whole Episcopal Church.More than 2,500 people have viewed a minute or more of the Facebook video of that first webinar, which featured remarks by Presiding Bishop Michael Curry. The Rev. Gay Clark Jennings, president of the House of Deputies, appeared July 29 during the second session, on “Justice,” which drew about 1,150 participants and more than 800 Facebook views of a minute or more. And more than 900 logged into Zoom for the third session, on “Healing,” generating 600 Facebook views of at least a minute.“Jesus came into the world to testify to the truth,” Curry said, setting the tone for the first discussion. He invoked Archbishop Desmond Tutu’s words on the subject: “Truth-telling and healing our history is the only way to save our country, to save our world. It’s the only way to do it,” Curry said. “And yet truth-telling is not the goal. It is a means to the goal. Like any nonviolent approach, it is the means, not the end, and it is important to keep the end in mind.”The “end” that Episcopal leaders have in mind is becoming the Beloved Community, a concept popularized by Martin Luther King Jr. to represent his vision for a society lifted up in racial harmony. The Episcopal Church has spoken against racism for decades, and in 2017, it launched the Becoming Beloved Community framework to help dioceses and congregations be a part of the work to achieve King’s vision.Jennings, though, said the church historically has not always been unified or aggressive in taking those necessary steps. Sometimes, its General Convention had to be pushed to do the right thing.“There have been leaders in our church, particularly Black, Indigenous, Latino and Asian leaders, who have been calling us all to this work for many, many years. These calls have too often gone largely unheard, ignored or even forgotten,” Jennings said during the July 29 webinar. “But the Holy Spirit and those General Convention leaders have been pointing toward a vision of Beloved Community for many decades now, and their wisdom in the form of scores of resolutions lights our path today.“This is the time, particularly for white members of The Episcopal Church, to repent of our failure to listen and to commit ourselves fully to that vision.”The May 25 killing of George Floyd, a Black man, by police in Minneapolis, Minnesota, has inspired some Episcopalians to join other Americans in condemning systemic racism, seen as the root of police brutality and other violence toward people of color in the United States. The church’s Becoming Beloved Community NOW webinars were offered as one resource to help those Episcopalians turn interest and awareness into action.You can watch videos of the sessions on Facebook:July 28 – TruthJuly 29 – JusticeJuly 30 – HealingAt times, the success of the two-hour webinars posed unexpected challenges to organizers. Participants who signed up and logged in through Zoom were to be assigned to breakout rooms for small-group discussions during part of each session, but Zoom doesn’t allow breakout rooms for such a large turnout. Even so, participants were able to use other tools to send in questions for the presenters and share their thoughts digitally, and viewers on Facebook could comment in real time.During the first day’s session, Chris Graham spoke of his work with the History & Reconciliation Initiative at St. Paul’s Episcopal Church, once known as the Cathedral of the Confederacy, in Richmond, Virginia. Cynthia Copeland of the Diocese of New York’s Reparations Committee explained what she called “ground truthing,” or researching the long-hidden and often uncomfortable truths about a church’s historic interactions with people of color.“Take a look at, Who are these people that got us started? Who are our original vestry members? Who are our founding people?” Copeland said. “What was their connection to slavery? … How did we, and the broader Episcopal Church, how did we benefit from our role in this thing called slavery?”In the second session, which offered examples of the church’s social justice work, speakers included Catherine Meeks, executive director of the Atlanta, Georgia-based Absalom Jones Center for Racial Healing, and the Rev. Charles Wynder, The Episcopal Church’s staff officer for social justice. The Rev. Peggy Bryan, a priest at St. Andrew’s Episcopal Church in California’s Silicon Valley, described the Stepping Stones ministry she leads among local jail and prison inmates and those reentering society after release from incarceration.The third session highlighted a variety of experiences with racial healing among speakers from Indigenous, Latino and Asian American communities. House of Deputies Vice President Byron Rushing spoke of some of his work in the 1960s as a community organizer supporting Black residents of Boston, Massachusetts.As one example, Rushing told the story of his interest in helping people in the impoverished neighborhood of Roxbury fight for better housing. The residents told Rushing that, instead of better housing, they wanted his help cleaning up a park in the neighborhood where suburbanites had been dumping their garbage to avoid paying for its disposal.The residents and Rushing developed a plan to pile up all the garbage in a big mound, hoping to draw attention of city officials to the problem. Someone suggested setting the pile on fire to amplify their point. With the garbage blazing, city firefighters came and aimed their hoses not just at the fire but also at the residents. Shocking photos of the scene in the next day’s newspaper were enough to get the city finally to address the park’s garbage problem.“What I learned from that was listening to people and being patient with their response,” Rushing said. “I find this the center of healing. … What has helped me is to engage in a process, in a process of believing that other people know as much or more than I do about themselves, and listening to them and attempting as best as possible to do and help them in what they ask.”– David Paulsen is an editor and reporter for Episcopal News Service. He can be reached at [email protected] New Berrigan Book With Episcopal Roots Cascade Books Rector Hopkinsville, KY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit a Job Listing Director of Music Morristown, NJ An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Course Director Jerusalem, Israel Tags Submit a Press Release Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Bishop Diocesan Springfield, IL By David PaulsenPosted Jul 31, 2020 Assistant/Associate Priest Scottsdale, AZ Curate (Associate & Priest-in-Charge) Traverse City, MI In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Collierville, TN Featured Events Submit an Event Listing Curate Diocese of Nebraska Associate Priest for Pastoral Care New York, NY Rector Bath, NC Thousands join three-part Becoming Beloved Community NOW webinars on racial justice Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Associate Rector Columbus, GA Assistant/Associate Rector Washington, DC Featured Jobs & Calls Associate Rector for Family Ministries Anchorage, AK Cathedral Dean Boise, ID Rector Washington, DC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector/Priest in Charge (PT) Lisbon, ME Youth Minister Lorton, VA Director of Administration & Finance Atlanta, GA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Albany, NY Rector Knoxville, TN The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Smithfield, NC Rector (FT or PT) Indian River, MI Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Priest-in-Charge Lebanon, OH Assistant/Associate Rector Morristown, NJ Rector Pittsburgh, PA Rector Tampa, FL Rector Martinsville, VA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Racial Justice & Reconciliation Missioner for Disaster Resilience Sacramento, CA Press Release Service Family Ministry Coordinator Baton Rouge, LA
Facebook Twitter SHARE 12:09 updateBrazilian harvest 50% done with Mato Grosso at 75%Kansas wheat 27% good to excellent, Oklahoma 20% and Texas 18%Midwest 6-10 day forecast about normal precipEthanol pressuredPork at low since last SeptemberUK considers reducing ethanol form corn usage turning to other bio fuelsFatigue factor in equities10:37 updateMay wheat is 10 cents under May cornGulf beans up 1-2 cents on old crop and 85 over the May, corn steady to 2 higher old crop and 73 over the MayChina may have bought 600,000 tons of old crop corn on recent price breakWholesale meat trade light and markets lurk near their lows FinancialA mildly mixed conclusion in stocks with the Dow up 2.77 at 14,450 for the eight straight higher closes and the record is 13S&P off 4 at 1552 remains short of the all time high at 1565NASDAQ down 11 at 3242The dollar index finished in a drawGold up $14 at $1592WTI crude $ .45 better at $92.63Some see a downside risk to $75 considering the expanding competition from shaleLivestockApril cattle eked out a gain of $ .57 and April hogs struggled to put on $.25 and still near support at $81Boxed beef has become a mixed market at $197 high on the choiceFeatures tomorrow but nothing new expectedMiddle beef cuts may fair better as public may have their fill of chicken for nowPork cutout gained ground after dropping to the lowest point since September of last yearTrading ranges were just over $1 in bothGrain and soybeansTrading ranges of just about 9 cents in the May grains and 15 in beans tell a modest taleChinese soybean buying continues from the US as the Brazilian remain backed due to more labor troubleChina may also have purchased corn during the recent down turn so watch Thursday’s export salesThe Brazilian soybean harvest is 50% done in general and 75% in the Mato GrossoHRW ratings improved slightly to 27% g-x in Kansas, 20% in Oklahoma and 18% in TexasThe 6-10 day forecast for the Midwest calls for normal rain and that’s not enoughKeep track of soil condition with the Palmer Drought Index, an old time measureWatch the pattern of Gulf bids to evaluate the Mississippi River conditionUK considers turning away for corn based ethanol and using other bio fuels By Hoosier Ag Today – Mar 12, 2013 Home Market Market Watch Seed Consultant 3/12/2013 Market Closing with Gary Wilhemy Facebook Twitter SHARE Seed Consultant 3/12/2013 Market Closing with Gary Wilhemy Previous articleBills Propose Crop Insurance CutbacksNext articleHoosier Ag Today Launches New App Update Hoosier Ag Today
News March 2, 2021 Find out more December 5, 2014 – Updated on January 20, 2016 SIMAH asks for the liberation of journalist Mohamed Abdalla Moallim Receive email alerts Organisation RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region SomaliaAfrica News RSF requests urgent adoption of moratorium on arrests of journalists February 24, 2021 Find out more News RSF_en Radio reporter gunned on city street in central Somalia Follow the news on Somalia News January 8, 2021 Find out more SomaliaAfrica to go further Help by sharing this information Reporters Without Borders supports an appeal by the Somalia Independent Media Houses Association (SIMHA) for the release of Radio Marka director Mohamed Abdalla Moallim, who has been held by the security forces in Mogadishu for more than 10 days without being charged. Read the SIMHA statement here.RWB is also worried about the threats that former presidential chief of staff Kammal Gutale has been making against Radio Dalsan in connection with an article on its website referring to a UN report linking him to piracy. Such threats and harassment limit the ability of journalists to work freely and without fear in Somalia.
FranceEurope – Central Asia April 13, 2004 – Updated on January 20, 2016 Economy minister urged to intervene in Digital Economy bill Reporters Without Borders, the Union of Judges and the Odebi League are asking the minister of economy, finance and industry, Nicolas Sarkozy, to intervene in the Bill to Promote Confidence in the Digital Economy (known as the LEN). In a 9 April letter, they have requested a meeting with Sarkozy or the deputy minister for industry, Patrick Devedjian, to explain their concerns and recommendations about the bill. FranceEurope – Central Asia News RSF denounces Total’s retaliation against Le Monde for Myanmar story Help by sharing this information June 4, 2021 Find out more “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says May 10, 2021 Find out more June 2, 2021 Find out more News News Follow the news on France RSF_en News Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Organisation to go further Receive email alerts Reporters Without Borders, the Union of Judges and the Odebi League are asking the minister of economy, finance and industry, Nicolas Sarkozy, to intervene in the Bill to Promote Confidence in the Digital Economy (known as the LEN). In a 9 April letter, they have requested a meeting with Sarkozy or the deputy minister for industry, Patrick Devedjian, to explain their concerns and recommendations about the bill.The letter says: “We recognise that the version passed by the senate was amended in a way that is better for individual freedoms. The principle of generalised monitoring by Internet Service Providers (ISPs), which was contrary to European Union directive 2000/31, has been dropped. However, the main problem posed by this bill is unchanged. It makes Internet hosts responsible for censoring web content in the absence of any judicial role.”The main argument offered by legislators in defence of this measure is to say that France has no choice but to comply with the June 2000 European Union directive on electronic commerce, which says ISPs should regulate online content. But we draw your attention to the fact that other European countries have refused to turn Internet hosts into online judges, although they had to translate the same directive into national law.”Italy and Spain instead opted to give a ‘competent body’ the power to adjudicate on the legality of content. In Belgium, this responsibility had been assigned to the state prosecutor. These three countries realised the danger of creating a system of Internet self-censorship.”So there is no inescapable obligation to do this. On the contrary, this measure is dangerous for the future of the Internet in France, and must be stopped. The LEN is a key law for our organisations and, in its present form, has been massively rejected by Internet users and all those who defend individual freedoms. We have unfortunately found until now that, while account has often been taken of private sector grievances, civil society has not been sufficiently involved and heeded during the debates about this bill.”We therefore reiterate our request for a meeting with you to set out our specific recommendations for a solution to the crisis created by this bill.”The letter is signed by Reporters Without Borders secretary-general Robert Ménard, Union of Judges president Aïda Chouk and Odebi League spokesperson Pascal Cohet.
March 29, 2005 – Updated on January 20, 2016 Conservatives wage new campaign against “anti-Islamic” TV stations to go further AfghanistanAsia – Pacific Organisation Follow the news on Afghanistan News Help by sharing this information News March 11, 2021 Find out more RSF_en Reporters Without Borders today called on President Hamid Karzai to take a clear and definitive public stance in support of cable television and diversity in the broadcast media in response to a new wave of pressure from conservatives, especially the Ulema Council led by supreme court president Fazl Hadi Shinwari, for a ban on “anti-Islamic” TV stations.The press freedom organization said it feared that the democratically-elected president would be swayed by supreme court judges whose legitimacy is widely challenged.”It is up to the public to decide about TV programmes,” Reporters Without Borders said in a letter to President Karzai. “It is certainly not up to the government to say what is good and bad. Such a censorial attitude runs counter to Afghanistan’s constitution and its press law.”The Ulema Council asked the government on 13 March to make the country’s state and privately-owned TV stations stop broadcasting “immoral and anti-Islamic” programmes. Around 100 of the council’s members meeting in Kabul singled out the only privately-owned broadcast station, Tolo TV, for criticism.One representative of the Council told Pajhwok Afghan News agency: “We have decided this in accordance with the constitution and we have also called for a ban on telecasts which have dances as this is absolutely contrary to the Sharia.” Article 3 of the constitution says no law can be contrary to the Sharia, while article 34 protects freedom of expression.Those in charge of the targeted TV stations have denied broadcasting anti-Islamic programmes. The head of Tolo TV said the mullahs were voicing “personal” views. He criticised the actions of a programme control Commission set up in November which summoned him on 16 February and asked him to change a musical programme and to replace a presenter. The commission’s members also said some of Tolo TV’s journalists were not “respectable.”The current wave of conservative pressure follows an earlier campaign which led to a temporary ban on cable TV at the end of 2004 and the commission’s creation.The information minister asked the directors of state and privately-owned TV stations on 7 November to stop broadcasting “Islamically incorrect” programmes, especially Indian and western films showing unveiled women behaving in a way that would shock Afghans. The next day, the cabinet decided at a meeting chaired by President Karzai to ban cable TV and threatened to withdraw Tolo TV’s licence if it was established that it was broadcasting programmes contrary to Islam and Afghan culture.The supreme court’s conservative judges waged a campaign against cable TV during Ramadan and Shinwari, the supreme court president, ordered the closure of 10 cable operators on 10 November.But at the same time, the information minister announced that President Karzai had agreed to the creation of a commission to evaluate the TV stations’ programmes and to authorise those that did not broadcast anti-Islamic and immoral films and songs to resume operating.The commission reached its decision on 23 November. The cable TV operators were allowed to resume operating, but they had to drop 10 foreign stations from the selection of stations they offered, especially those with Indian and western films.Tolo TV is Afghanistan’s first and only privately-owned broadcast station. Launched by the Australian-Afghan media group Moby Capital Partners, it has distinguished itself by broadcasting western films such as “The Ten Commandments” and music videos of performers such as Madonna. The same group also transformed radio by launching the first commercial radio station, Arman FM, which in just a few months became Kabul’s most popular station.Back in January 2003, the supreme court banned cable TV throughout Afghanistan, but new cable TV licences were issued in May of the same year after the government drew up a programme code and a list of permitted TV stations. June 2, 2021 Find out more Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” Situation getting more critical for Afghan women journalists, report says RSF asks International Criminal Court to investigate murders of journalists in Afghanistan News News Receive email alerts May 3, 2021 Find out more AfghanistanAsia – Pacific
Top of the News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Government Assemblymember Chris Holden’s 2016 Bills Clear Assembly Floor Published on Friday, June 3, 2016 | 10:58 am Subscribe Make a comment Your email address will not be published. Required fields are marked * Community News Name (required) Mail (required) (not be published) Website Herbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyTips From A Professional Stylist On How To Look Stunning In 2020HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday First Heatwave Expected Next Week Assemblymember Chris Holden’s bills to create low cost transit passes for low income students, AB 2222; help Californians quite smoking , AB 1696; streamline dual enrollment, AB 2364; support families providing foster care, AB 2552; and protect children with autism, AB 1715, all passed the Assembly Floor this week. The legislation now heads to the Senate policy committees.AB 2222 will create low cost transportation passes for California’s low income students. The cost of getting to and from school is adding more pressure to the already skyrocketing cost of receiving a quality education. AB 2222 will provide safe, reliable and low cost means for California students to get to class, reduce our state’s greenhouse gas emissions, and develop lifelong ridership habits among California’s high school and college students.AB 1696 will require tobacco cessation medications, counseling, and assessments to be covered for Medi-Cal patients. Smoking continues to be the leading preventable cause of the death in the United States. California spends $3.5 billion each year treating tobacco-related diseases through Medi-Cal. AB 1696 will help Californians quit smoking and avoid a lifetime of health problems, while saving millions in health care costs each year.AB 2552 will provide a clothing allowance for foster children placed in families that are receiving support through the Approved Relative Caregiver Funding Option Program (ARC). While most foster youth qualify for the federal Aid to Families with Dependent Children-Foster Care funds, relatives caring for children under ARC still do not receive funding equal to what they would receive with a non-relative placement. AB 2552 will allow a family receiving support through ARC to also receive a $240 per year clothing allowance.AB 2364 will improve the 2015 dual enrollment reforms established by AB 288 (Holden). Under current law certain nonresident high school students, who would otherwise qualify for in-state tuition rates upon high school graduation, are charged the nonresident tuition fee. This policy discourages student participation in dual enrollment opportunities. AB 2364 will remove these barriers from dual enrollment programs, and provides incentives for the community colleges to work with school districts to create dual enrollment partnerships.AB 1715 will protect children with autism and other individuals receiving behavior analytic services by requiring only qualified professionals to provide this vulnerable population with the quality care they need. At present no state entity has the authority to regulate behavior analysis directly. AB 1715 will create a regulatory structure to license behavior analysis professionals under the existing Board of Psychology, in order to enforce the Behavior Analyst Act. Business News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 2 recommended0 commentsShareShareTweetSharePin it
Top StoriesSC Orders Status Quo On Raising Capital Over Shares Held By Mistry’s In Tata Sons Sanya Talwar22 Sep 2020 1:35 AMShare This – xThe Supreme Court on Tuesday ordered status quo against Mistry firms & Shapoorji Pallonji Mistry on raising capital against security of their shareholding in Tata Sons, by pledging, transferring or any further action in relation to the shares.A bench of Chief Justice SA Bobde, Justice AS Bopanna & V. Ramasubramaniun will hear the case which was moved vide an “urgent application” by…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 ordered status quo against Mistry firms & Shapoorji Pallonji Mistry on raising capital against security of their shareholding in Tata Sons, by pledging, transferring or any further action in relation to the shares.A bench of Chief Justice SA Bobde, Justice AS Bopanna & V. Ramasubramaniun will hear the case which was moved vide an “urgent application” by Tata Sons on October 28.Today, Senior Advocate CA Sundaram appearing for Mistry’s told the Court that Tata Sons was stopping the pledging of shares and sought early disposal of the case.To this CJI Bobde replied: “How can lien be called transfer of property when it comes back? Pledge is a limited restricted transfer”Senior Advocate Janak Dwarkadas appearing for Shapporji Pallonji Mistry said that there existed to prohibition against his clients from selling their shares. “If a sale notice is given, shares have to valued at a fair value,” he added.At this juncture, CJI SA Bobde stated,”Neither Parties are willing to hold their horses for 4 weeks. Anything which affects the value of the shares is relevant. We thought you (Mistry) will agree to maintain status quo. If you do not agree, we will hear them now. We are only asking you all to wait for 4 weeks.”Senior Advocate Harish Salve appearing for Tata Sons told the top court that the shares need to be protected and urged the Court to stop their sale. “Tomorrow if Warren Buffet tries to come and buy the shares, we’ll have to pay 30%,” said Salve.On September 5, Tata Sons had moved the apex court, seeking to restrain Shapoorji Pallonji Group (SP Group) from pledging the shares it held in Tata Sons, just a day after the Mistry group signed an agreement with Brookfield to raise Rs 3,750 crore as debt.The Mistry family owns 18.5 per cent in Tata Sons while Tata Trusts and Tata group companies hold the rest.The Tata group and SP group are involved in an ongoing legal battle since December 2016, after Cyrus Mistry was removed from the Chairmanship of Tata Sons in October 2016. Cyrus Mistry’s appeal against the National Company Appellate Tribunal’s (NCLAT) judgement which had reinstated him as the Executive Chairman of Tata Group is pending before top Court for adjudication. By way of this cross-action appeal, Mistry had sought expansive relief against the Judgement.On the last date of hearing, a bench of Justices AS Bopanna & Hrishikesh Roy tagged the appeal with Ratan Tata and Tata Group’s appeal challenging the same judgement passed by the NCLAT in December 2019.Senior Advocate Harish Salve appeared on behalf of Tata Sons (& Ratan Tata) and stated that appeals of both sides can be heard expeditiously.On January 10, 2020, In a temporary relief to Tata Sons Pvt Ltd, the Supreme Court had stayed the NCLAT Judgement of December 2019 (which reinstated Cyrus Mistry as the Executive Chairman of the company).On January 24, the Top Court had issued notice in a plea filed by Tata Sons assailing the decision of the NCLAT wherein it had rejected an application seeking a modification of its December 2019 judgment.On December 18, 2019, The National Company Law Appellate Tribunal restored Cyrus Mistry as the Executive Chairman of Tata Group.Allowing Mistry’s appeal, the Appellate Tribunal had set aside the judgment of Mumbai bench of National Company Law Tribunal (NCLT) that had upheld the appointment of N Chandrasekharan as Chairman in his place.Further, the two member bench had observed that the tribunal’s remarks against Cyrus Mistry were “undesirable and based on extraneously sourced material” which is “wholly unsubstantiated.”The Appellate tribunal had noted that the Nomination and Remuneration Committee comprised of Cyrus Mistry, two Independent Directors, namely Farida Khambhata (10th Respondent) and Ranendra Sen (8th Respondent) and one Director, Vijay Singh (9th Respondent), a nominee Director of ‘Tata Trust had appreciated Mistry’s performance and that his removal had nothing to do with his lack of performance.Thereafter, the tribunal had referred to Article 121 of Articles of Association and had noted that it was not open to the Respondents to state or allege that loss in Companies under the Tata Conglomerate was due to the mismanagement of Cyrus Mistry:”The consecutive chain of events coming to fore from the correspondence referred elsewhere in this Judgment amply demonstrates that impairment of confidence with reference to conduct of affairs of company was not attributable to probity qua Mr. Cyrus Pallonji Mistry but to unfair abuse of powers on the part of other Respondents.” – NCLATThe Tribunal also questioned the action on the part of the Company, its Board of Directors to take action to hurriedly change the Tata Sons Limited from ‘Public Company’ to a ‘Private Company’ without following the procedure under law.Next Story
Top Stories’Skin To Skin’ Judgment : Supreme Court Issues Notice On NCW Plea Challenging Bombay HC’s POCSO Acquittal LIVELAW NEWS NETWORK10 Feb 2021 12:49 AMShare This – xThe Supreme Court on Wednesday issued notice on a petition filed by the National Commission for Women challenging the controversial judgment of Bombay High Court(Nagpur Bench) which held that groping over clothes without actual ‘skin to skin’ touch will not amount to ‘sexual assault’ under the POCSO Act.A bench headed by the Chief Justice of India also issued notice on another petition…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 Wednesday issued notice on a petition filed by the National Commission for Women challenging the controversial judgment of Bombay High Court(Nagpur Bench) which held that groping over clothes without actual ‘skin to skin’ touch will not amount to ‘sexual assault’ under the POCSO Act.A bench headed by the Chief Justice of India also issued notice on another petition filed by the State of Maharashtra against the High Court verdict.However, the Court said that it was not entertaining the petitions filed by organizations such as Bharatiya Stree Sakthi and Youth Bar Association as the State has already challenged the judgment. The bench observed that such NGOs have no locus standi in a criminal matter.Nevertheless, the bench has granted liberty to the organizations to approach the Attorney General for India – who has already filed a petition against the judgment- to raise their points. The AG agreed to hear such organizations.At first, the bench was not inclined to entertain the petition filed by the NCW as well, and suggested that they intervene in the petition filed by the AG.In response, Senior Advocate Geeta Luthra, appearing for the NCW, submitted that it has a statutory duty under the National Commission for Women Act to intervene in the matter.Luthra referred to sub-sections (d) and (e) of Section 10(1) of the NCW Act to submit that the statutory body has the obligation to take up with authorities cases of violations of law related to protection of women and review inadequacies and deficiencies of law. The senior counsel added that the High Court judgment was a dangerous precedent.On January 27, the Supreme Court had stayed the acquittal under the said judgment of Bombay High Court on a mention made by the Attorney General for India.Attorney General KK Venugopal submitted that the judgment which held that ‘skin to skin’ contact is necessary for sexual assault under POCSO Act is ‘unprecedented’ and is ‘likely to set a dangerous precedent’.In the impugned judgment, the Nagpur Bench of the Bombay High Court held that such an act would amount to ‘molestation’ under Section 354 of IPC and not Sexual assault under section 8 of the POCSO Act.The Single bench of Justice Pushpa Ganediwala made this observation while modifying the order of the Sessions Court which held a 39-year-old man guilty of sexual assault for groping a 12- year- old- girl and removing her salwar.In paragraph no. 26 of the impugned order, the Single Judge had held that “there is no direct physical contact i.e. skin to skin with sexual intent without penetration”. “The act of pressing of breast of the child aged 12 years, in the absence of any specific detail as to whether the top was removed or whether he inserted his hand inside top and pressed her breast, would not fall in the definition of ‘sexual assault'”, the court held, adding, “The act of pressing breast can be a criminal force to a woman/ girl with the intention to outrage her modesty”.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story