Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2014 abridged results.For more information about Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) company page on AfricanFinancials.Document: Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) 2014 abridged results.Company ProfileCompagnie Des Villages De Vacances De L’Isle De France Limitee rents out investment properties, plant and equipment to Holiday Villages Management Services Mauritius Limited, which operates the Club Med Hotel at La Pointe au Cannoniers in Mauritius. The company is a subsidiary of MCB Group Limited. Compagnie Des Villages De Vacances De L’Isle De France Limitee is listed on the Stock Exchange of Mauritius.
Seplat Petroleum Development Company Plc (SEPLAT.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2020 interim results for the half year.For more information about Seplat Petroleum Development Company Plc (SEPLAT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Seplat Petroleum Development Company Plc (SEPLAT.ng) company page on AfricanFinancials.Document: Seplat Petroleum Development Company Plc (SEPLAT.ng) 2020 interim results for the half year.Company ProfileSeplat Petroleum Development Company Plc is an oil and gas exploration company in Nigeria operating a portfolio of assets in the Niger Delta Region. This includes a 45% stake in OML 4 which covers an area of 267 square kilometres; a 45% stake in OML 38 which covers an area of 2 094 square kilometres; and a 45% stake in OML 41 that covers an area of 291 square kilometres. Seplat Petroleum Development Company Plc also holds a 40% non-operated working interest in OPL 283 marginal field which is located in the northern onshore deposit-belt of the Niger Delta; a 40% non-operated interest in OML 53 that covers an area of 1 585 square kilometres located onshore in north-eastern Niger Delta; and interest in OML 55 that covers an area of 840 square kilometres located in south-eastern Niger Delta. The company’s head office is in Lagos, Nigeria. Seplat Petroleum Development Company Plc is listed on the Nigerian Stock Exchange
Stock market crash: this is why I invested £44.09 in UK shares in an ISA to make a million Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Royston Wild owns shares of Unilever. The Motley Fool UK has recommended Unilever. 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. Click here to claim your free copy of this special investing report now! See all posts by Royston Wild We all dream of one day getting rich and retiring early, maybe by investing in the stock market. It’s a goal that might be closer than you think. The huge number of ISA millionaires that have made their fortunes with UK shares over the past decade is perfect evidence of this.You don’t necessarily need to spend huge sums to get a place on millionaire’s row, either. And unlike many other forms of investment (like buy-to-let) stock investing doesn’t require constant effort to hit your target. Once you’ve created a sound investment strategy and built a balanced portfolio of quality UK shares, you can sit back and let the miracle of compounding do the work for you.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…Compound gainsSo what is compounding? Well at The Motley Fool we describe it as “the process whereby money earned from an investment builds upon itself over longer periods of time.”When you own a savings account this ‘money earned’ refers to the interest you receive, on which you then earn further interest provided you don’t withdraw it. In the case of share investing, money earned refers to the dividends you receive.And boy, those who use the dividends from their UK shares to buy more stock really can expect to make a fortune. Just ask one of those aforementioned ISA millionaires.Getting rich with UK sharesThe last dividend I received from my UK shares was £44.09 which I got from my Unilever shares. It’s not the sort of sum that set my pulse racing. But it’s put me one rung further up the ladder to making a million of my own.The beauty of buying dividend-paying UK shares, though, is that such payouts come on a regular basis. And if you build a portfolio of stocks like this you can expect to receive a river of income from your investments. You can then reinvest these dividends to buy more shares, which in turn generate more dividends that can be used to purchase even more stock. And so the cycle continues.Thinking like EinsteinOver the past 12 months I’ve received around £175 in dividends from my Unilever stock. And I’ve reinvested it to grow the size of my portfolio, along with all the other dividends I’ve received from my UK shares. I’m picking up more and more stock and I’m not even having to do much. I’m simply letting my money do all the hard work for me.There’s a reason why Albert Einstein proclaimed that “compound interest is the eighth wonder of the world.” By ploughing back your shareholder payouts you can realistically expect to get filthy rich like those ISA millionaires. With the help of The Motley Fool’s huge library of special reports you can dig out some of the best dividend-paying UK shares that money can buy. And the 2020 stock market crash means that you can pick up plenty of these for next to nothing, too. Royston Wild | Saturday, 22nd August, 2020 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. Simply click below to discover how you can take advantage of this. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. 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Joe Clark | Friday, 19th March, 2021 | More on: AMZN PLUG “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Plug Power (NASDAQ: PLUG) at the time of writing is trading at $36.50, over 50% down from its all-time high In January ($75.49). I originally bought Plug Power stock, a provider of clean hydrogen and zero-emission fuel cell solutions, in February (22% higher than now).Nevertheless, despite the sell-off, I remain confident in the longer-term potential for the company, so I have been buying more.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…Why is Plug Power stock selling off?Recently, Plug Power announced that there were some inaccuracies with its past financial reports. The fuel cell maker said that it would have to reissue some fiscal and quarterly results from 2018-2020. The company said that the mistakes didn’t affect the underlying business and that there were no issues raised regarding its fourth quarter 2020 and year-end results. Plug Power has also been swept up in the broader sell-off of growth stocks due to inflation fears that have caused treasury yields to spike.What are the risks?There are some things to be aware of, though, when it comes to Plug Power stock. In the last year, the company’s share price has had overall an incredible run, rising over 1,000%. Therefore, it could be argued that this sell-off recently isn’t overdone. The company was founded in 1997, and it has not yet demonstrated that its business model can be profitable. It reported a net loss of $476.3 million, in its last earnings report.Tesla CEO Elon Musk has been a critic of hydrogen fuel cells, saying he believes they are unrealistic. However, General Motors and Toyota have stated that they are eager to embrace hydrogen.What might the future hold for the business?Recently, the company increased its 2024 billing target by more than 40% to $1.7 billion. JPMorgan projects the overall market opportunity for Plug Power to be greater than $200 billion, and expects it to show meaningful profits in 2023 to 2024. It recently upgraded Plug stock to overweight from neutral and maintained its price target at $65.Why I am buying more Plug Power stockPlug Power has ambitious plans and exciting future revenue targets, but of course these are speculative for the moment. Yes, it isn’t profitable just yet but with clients like Amazon and Walmart, I am encouraged by the longer-term prospects for the company. The recent accounting errors are a cause of concern but these have no impact on current contracts, so I think they have provided a buying opportunity. I am happy to take the chance (again) on Plug Power. This is because in the future it has the potential to be a renewable energy heavyweight. Therefore, I am loading up on Plug Power stock here and lowering my average price. 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. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Joseph Clark owns shares in Plug Power, Tesla and Amazon. The Motley Fool UK has no position in any of the companied 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. 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! 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’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. Enter Your Email Address Why I’ve bought more Plug Power stock despite it crashing 50% in 2 months Simply click below to discover how you can take advantage of this. See all posts by Joe Clark
Nadia Yaqub has no position in any of the shares mentioned. The Motley Fool UK has recommended Just Eat Takeaway.com N.V. 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. 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Nadia Yaqub | Friday, 19th March, 2021 | More on: GRG Greggs (LSE: GRG) shares are in the limelight. The company posted its first ever loss earlier this week. The stock has continued to soar during the pandemic. The shares are now expensive, but I’d still buy at these levels. Here’s why.The resultsGreggs total 2020 sales fell 31% to £811m, while profits swung to a £14m loss. This compared to a pre-tax profit of £108m the previous year.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…As I mentioned, this was Greggs first ever loss but I don’t think the results are that bad. In fact, I think given how challenging the pandemic has been, the numbers are resilient. I reckon this is because of the management team’s quick and decisive actions.Last year was all about cash preservation and Greggs did exactly this. It cut its dividend like most other companies and made costs cuts. The FTSE 250 firm made over 800 redundancies.Strong brandI reckon Greggs has a strong brand and product offering. To me, it’s a leading UK food-on-the-go retailer and has over 2,000 outlets. Before the pandemic, the company was doing well. So I expect this to continue, in time, once government restrictions have been fully lifted.In terms of the products, let me be frank, they are very affordable and offer good value. So even if economic conditions worsen and unemployment soars, I think most consumers could splash out on one of Greggs’s pasties. I can’t forget to mention how popular the vegan sausage rolls were pre-coronavirus.Improving customer serviceI think what has helped Greggs shares is the company’s multi-channel approach. The click-and-collect service across the entire store estate has been beneficial. Greggs also has a partnership with Just Eat. I reckon this delivery agreement has somewhat softened the impact of the coronavirus crisis on the business.The bakery chain also offers its customers a rewards loyalty scheme to entice them back. Repeat business is good for revenue and profitability. I expect this, along with the existing customer service initiatives, to continue after the pandemic. Although once the stores are fully opened, I question whether many consumers will be using the Just Eat delivery option at the same rate as seen during the pandemic.Store estateI don’t think it’s a surprise that the stores affected by falling sales have been those in city centre locations and in transport links such as train stations. Once out of the pandemic, my concern is if office workers start to work from home permanently then these outlets may be impacted. This is clearly an important demographic for Greggs.Stores in retail parks or where shops could be accessed by car fared better. What I like about Greggs is that the stores are based in a broad range of locations, which should help the business weather the storm.But my other concern is further rises in staff and food ingredient costs. This could place pressure on profitability as well as the share price.My viewI’d expect Greggs shares to rally in the short-term based on the continued roll-out of the vaccine across the UK. As a long-term investor, I’m optimistic on the outlook for Greggs shares and would buy the stock. Should I buy Greggs shares after its 2020 loss? See all posts by Nadia Yaqub 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! Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares
By NAFB News Service – Jan 14, 2021 Home Indiana Agriculture News Vaccine Hesitancy in Rural America Vaccine Hesitancy in Rural America Facebook Twitter Facebook Twitter A recent study finds rural residents are hesitant to receive the COVID-19 vaccine. The Kaiser Family Foundation COVID-19 Vaccine Monitor tracks the dynamic nature of public opinion as vaccine development unfolds. The Foundation is a nonprofit organization focusing on national health issues.The monitor shows three in ten people in rural areas say they will “definitely get” the vaccine, compared to four in ten people in urban areas and suburban areas. An additional one-third of people in rural areas say they will “probably get it” while 35 percent say they will either “probably not get it” or “definitely not get it.”The report says there are many factors that are associated with an individual’s willingness to get the coronavirus vaccine, including their age, level of education, and political party identification. The COVID-19 Vaccine Monitor finds that Republicans are much less likely to say they will get a coronavirus vaccine compared to their independent and Democratic counterparts. Previous articlePotential Tax Policy Changes Ahead in Washington, D.C.Next articleKC Fed: Fewer New Loans to Farmers NAFB News Service SHARE SHARE
Al Jazeera journalist Mahmoud Hussein back home after four years in prison EgyptMiddle East – North Africa EgyptMiddle East – North Africa Help by sharing this information News Receive email alerts The information ministry also conveyed a complaint to the electoral high commission against the pan-Arab channel al-Hurra, on the basis of the same allegations. The complaint was also referred to the chief prosecutor, but no suspension was ordered. to go further Journalists charged with defamation The top prosecutor, Abdul-Meguid Mahmoud, on 5 December sent two journalists from the independent daily al-Shorouq for trial before the criminal court charged with “insulting and defaming an official in the exercise of his duty”, after it carried an interview the previous day with NDP candidate Momena Kamel, just elected to the al-Badrashin constituency in the Guizeh governorate. During the interview, journalist Hisham el-Meyani questioned her about statements made by the Justice Minister to the electoral high commission relating to fraud cases in the constituency where she had just won her seat. The deputy told the journalist it was absurd before she condemned him as “madman, liar, psychologically unstable and reckless”, and that “intellectually he belonged to the Muslim Brothers”. The same day the deputy complained about the journalist to his editor in chief, Amr Khafagy. The following day, the two journalists and the deputy were questioned by the top prosecutor. Momena Kamel was interviewed very briefly while the two journalists were questioned for nearly six hours. They were both charged and released on bail of 20,000 Egyptian pounds (2,600 euros). The first date for their hearing has been set for 18 December 2010. They face from six months to three years in prison and a fine of 10,000 Egyptian pounds (1,300 euros). Journalists attacked by NPD militants and security forces Ayman Ibrahim, journalist on the government-run magazine al-Idhaa wa al-Tilfaza was beaten up by “baltaguis” (thugs), recruited by the independent candidate Mahmoud Mosleh, when he took photos of them in the act of committing fraud at a polling station at a boys’ middle school in the city of Zefta in the governorate of al-Gharbiyah, in the delta region north of Cairo. They threw themselves on Ibrahim when they saw he had taken shots of them, raining blows on him and ripping his clothes. The journalist said that his possessions and equipment were stolen. He laid a complaint at Zefta police station. His possessions were returned to him, minus his money, and the photos he had taken had been deleted from his camera. A journalist on the same weekly, Omar Aammar, was covering voting at a polling station at al-Rashad school in the al-Matareya district, east of Cairo was struck by a police officer when he refused his order to leave the polling station. Aammar tried but failed to lay a complaint at the district police station. Video journalist Ahmed Abdul-Fattah of the daily al-Masry al-Youm was brutally beaten by NDP militants and “baltaguis” in their pay, in Qabreet village, in Fowa city, in the governorate of Kafr-el-Sheikh, north of Cairo. All his equipment was stolen and he was left lying on the ground covered in bruises. His colleague, Omar al-Sheikh, correspondent for al-Masry al-Youm in Beni Swaif governorate south of Cairo, was covering voting at a polling station in Baroot primary school when he was attacked by militant supporters of the NDP candidate Abdul-Khair Abdul-‘Alem.Journalists and representatives of civil society organisations were refused entry to the Abou Leila primary school in the city of Atmida, in the governorate of Daqahleya, in the delta region north of Cairo. Police refused to accept the validity of their accreditation from the electoral high commission, telling them that only those issued by the police station in the constituency were valid. The photographer for the daily al-Masry al-Youm, Hossam al-Hawary, tried to get in without permission and was immediately attacked by NDP supporters and “baltaguis” who threatened to stab him to death. A team from the independent weekly al-Youm al-Sabe’ was attacked at the same spot by “baltaguis” and NDP supporters. Journalist Mohamed Haggag was forced into the polling station at knife-point. He was held there and manhandled for half an hour before being released. Ahmed Ismail, a photojournalist for the same media was beaten by the same individuals outside the building. Sherif al-Deeb, also a reporter for al-Youm al-Sabe’, was threatened by NDP supporters, “baltaguis” and security staff. They were all finally expelled from the city by force. Journalists were prevented from covering clashes that broke out between supporters of Essam Abdul Razeq and Mohamed al-Halawany, both NDP candidates for the constituency in Kafr Saqr, in the governorate or al-Sharqiyah, 85 kilometres east of Cairo. A correspondent for the daily al-Youm al-Sabe’, Iman Mechanna, was assaulted because she took photos of the incident. Police refused to allow journalists to enter polling stations in Shoubra el-Kheima in the governorate of al-Qalyubiya, in Cairo’s northern suburbs, despite showing their accreditation, arguing that for security reasons, only voters were allowed access. Gamal Abu Eliou, a reporter for the independent weekly al-Karama, was prevented throughout the day on 5 December from covering elections in polling stations in Armant in the governorate of Luxor, south of Cairo.Security forces on 5 December banned a demonstration planned by the April 6 Movement in Tahrir Square, Cairo to protect against massive electoral fraud and to urge voters to boycott the second round of polling. All gatherings were banned for fear of demonstrators organising, including at bus stations and the entrance to shops. Organisation December 9, 2010 – Updated on January 20, 2016 Grim day of violent attacks on the media in second round of polling News News Information ministry targets satellite channels Nilesat on 3 December suspended al-Fraen TV for two weeks for “violation of the media code of ethics and rules of covering elections”, based on a decision by the Media Free Zone administration, in Sixth of October City. In the same way, the director of the electoral high commission, Sayed Abdul-Aziz Omar, sent the top prosecutor a complaint from the information minister, Anas al-Fekki, against the channel for violating the principles of election coverage. January 22, 2021 Find out more News Reporters Without Borders said today it had recorded numerous cases of deliberate obstruction of journalists trying to cover the second round of legislative elections on 5 December, just as it had in the first round on 28 November. The landslide victory of the ruling National Democratic Party (NDP) was no longer in doubt after massive fraud during the first round, condemned unanimously by observers in Egypt. Tension levels were slightly down, however, a large number of journalists were attacked by NDP militants and the security forces in the course of polling day. A fresh upsurge in tension and censorship may well be on the cards during the coming months in the run-up to the presidential election, due at the end of 2011. February 6, 2021 Find out more Follow the news on Egypt Detained woman journalist pressured by interrogator, harassed by prison staff Less press freedom than ever in Egypt, 10 years after revolution RSF_en February 1, 2021 Find out more The website of the Muslim Brothers (Ikhwan Online) was inaccessible from within Egypt from 8am to 7pm and then again until midnight, on 5 December. The same censorship was applied to the Brothers’ online forum al-Moltaqa (http://www.ikhwan.net/forum/).Seven other websites were also censored for 24 hours: http://www.shahid2010.com/ (inaccessible)http://shababelikhwan.net/ib/index.php (accessible in a few parts of the country)http://www.sharkiaonline.com/ (accessible in a few parts of the country)http://www.amlalommah.net/ (inaccessible)http://www.nowabikhwan.com/ (accessible in a few parts of the country)http://www.egyptwindow.net/ (inaccessible)http://www.ikhwanweb.com/ (inaccessible)The authorities, particularly the Information and Decision Support Center (IDSC) that comes under the council of ministers, were behind the blocking of these sites in collaboration with the country’s internet services providers (TEDATA, ETISALAT and LINK DSL).
RELATED ARTICLESMORE FROM AUTHOR 75 positive cases of Covid confirmed in North Donegal County Council is throwing its wait behind the campaign to keeop Lifford Hospital open.This week, members agreed to back any proposals the friends of the hospital come up with for the hospital’s future, after the HSE and the minister said they would carefully consider any suggested alternatives to closure.Cllr Gerry Crawford moved the motion in the chamber this week, he says it’s significant that the council is speaking with one voice on this issue…………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/gerryc.mp3[/podcast] Twitter Google+ Twitter By News Highland – March 29, 2012 Council backs campaign to keep Lifford hospital open Facebook Further drop in people receiving PUP in Donegal Newsx Adverts WhatsApp Pinterest Google+ Previous articleShatter confirms Mc Dermott had absconded from Loughan House beforeNext articleDiversions in place after woman is struck by vehicle in Letterkenny News Highland Facebook Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Main Evening News, Sport and Obituaries Tuesday May 25th WhatsApp Pinterest Gardai continue to investigate Kilmacrennan fire
News UpdatesKarnataka HC To Hear Petition Challenging Amendment To BDA Act On April 5 Mustafa Plumber8 March 2021 6:05 AMShare This – xThe Karnataka High Court on Monday said it would on April 5 hear two petitions challenging the State amendment to the Bangalore Development Authority (Amendment) Act, which came into force on July 10, 2020 and the Karnataka Town and Country Planning (Fourth Amendment) Act KTCP Amendment Act which came into force on July 31, 2020. The BDA Amendment Act seeks to inter alia, legalize…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 Karnataka High Court on Monday said it would on April 5 hear two petitions challenging the State amendment to the Bangalore Development Authority (Amendment) Act, which came into force on July 10, 2020 and the Karnataka Town and Country Planning (Fourth Amendment) Act KTCP Amendment Act which came into force on July 31, 2020. The BDA Amendment Act seeks to inter alia, legalize the illegal occupation and construction on lands owned by the Bengaluru Development Authority. A division bench of Chief Justice Abhay Oka and Justice S Vishwajith Shetty was informed that the state government has not filed its statement of objections to the petition. To which the court orally said “One more instance of Covid-legislation. Ultimately the state will have to defend it. Amendment is by the state government. So it will have to respond.” During the hearing the bench pointed to few provisions and raised its objection. It said “One provision goes to the extent of saying that even land if acquired and not needed can be given back to the owner.” Senior Advocate Harish Narasappa appearing for the petitioner submitted “Not only that even if someone is in unauthorized occupation even he can be given. That is the egregious portion of the amendment. “While the party in person K B Vijayakumar submitted that “Even occupier of the property can apply for regularization.” However, the state government advocate informed the court that safeguards are put in place. The petition filed by Vijayan Menon states that “The BDA Amendment Act, like the Akrama Sakrama Scheme, is prima facie violative of Articles 14, 21 and 243ZE of the Constitution of India and is also contrary to the existing provisions of the Bengaluru Development Authority Act, 1976.” “The implementation of the BDA Amendment Act would render infructuous the current challenge to the Akrama Sakrama Scheme. The BDA Amendment Act detrimentally affects the residents of Bengaluru as the said Amendment Act incentivises land grabbers to illegally occupy government lands as the said illegal occupation would later on be legalized and regularized as a result of the said Amendment Act. The KTCP Amendment Act seeks to allow an increase in the floor area ratio for buildings by mere payment of premium charges to the Government.” It is further said that “The BDA Amendment Act, prospectively penalizes jurisdictional officers for their failure to prevent unauthorised constructions/occupations on BDA land from the date of the commencement of the BDA Amendment Act. In effect, the same amounts to excusing the jurisdictional officers for failure to prevent the unauthorized constructions/occupations on BDA lands prior to the date of the commencement of the BDA Amendment Act.” It is also claimed that The BDA Amendment Act has been enacted without due public consultation and the BDA Amendment Act has been enacted without having been brought to the notice of the Bangalore Metropolitan Planning BMPC which is a constitutional body set up under Section 503-B of the Karnataka Municipal Corporation Act, 1976 in accordance with Article 243ZE of the Constitution of India. The plea says that if urgent interim reliefs and / or measures are not passed, it would result in irreversible damage to the urban landscape of the Bengaluru Metropolitan Area as several unauthorised constructions will be rendered legal. The petition prays for a declaration that the BDA Amendment Act, the KTCP Amendment Act and the KTCP Amended Rules Notification as violative of Articles 14, 21 and 243ZE of the Constitution of IndiaSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Twitter Donegal Fire Service personnel honoured with 10 Year Long Service Awards By News Highland – January 19, 2018 Facebook Pinterest Google+ Nine til Noon Show – Listen back to Monday’s Programme Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApp DL Debate – 24/05/21 Google+ Twitter Facebook WhatsApp News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Important message for people attending LUH’s INR clinic Previous articleDonegal man claims over €280,000 win but no claimants of €4.4 million yetNext articleThree men charged in connection with series of burglaries in Sligo News Highland Arranmore progress and potential flagged as population grows A number of Donegal Fire Service personnel were today presented with their 10 Year Long Service Awards at a special event at Milford Fire Station.Fire Fighters Shane McGettigan, Manus O’Donnell and Declan McWilliams each received their award from Cathaoirleach of Donegal County Council Councillor Gerry McMonagle at the special ceremony.Substation Officer Noel Gillespie and Station Officer Eugene McCafferty were also recognised for their decade long service to Donegal Fire Service. Homepage BannerNews