Delhi HC Directs RBI To Consider The Difficulties Faced By Depositors Due To Moratorium On Withdrawal From PMC Bank [Read Order]

first_imgNews UpdatesDelhi HC Directs RBI To Consider The Difficulties Faced By Depositors Due To Moratorium On Withdrawal From PMC Bank [Read Order] Karan Tripathi29 May 2020 6:55 AMShare This – xDelhi High Court has directed the Reserve Bank of India and the Central Government to appreciate the difficulties faced by the senior citizens with respect to moratorium on withdrawal from Punjab & Maharashtra Bank and decide the same in accordance with law, rules, regulations and government policy. The Division Bench of Chief Justice DN Patel and Justice Prateek Jalan…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?LoginDelhi High Court has directed the Reserve Bank of India and the Central Government to appreciate the difficulties faced by the senior citizens with respect to moratorium on withdrawal from Punjab & Maharashtra Bank and decide the same in accordance with law, rules, regulations and government policy. The Division Bench of Chief Justice DN Patel and Justice Prateek Jalan further directed that upon receipt of any representation from any individual or group of depositors in this regard, the decision shall be taken by the concerned respondent authority within a period of four weeks. The order has come in a PIL filed by Bejon Kumar Mishra highlighting the difficulties faced by senior citizens due to the moratorium imposed by RBI on the withdrawal of deposits from PMC Bank. The Petitioner had sought court’s direction to the RBI to ease out the moratorium for withdrawal of deposited money of depositors from PMC Bank during the pandemic of COVID19. The Petitioner had demanded for a direction to be issued to the RBI for ensuring the withdrawal of at least the insured amount of Rs 500000/- immediately to cater to the medical and other urgent needs of depositors of PMC Bank during such health crisis. In addition to this, the Petitioner had asked for an interim financial package for senior citizen depositors who are facing several health issues including various urgent needs in the interest of justice.Click Here To Download Order[Read Order] Next Storylast_img read more

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Paraguay to Host Fuerzas Comando 2017

first_imgBy Julieta Pelcastre/Diálogo July 25, 2017 For the second time since its founding, the Paraguayan Armed Forces have hosted the top soldiers from across North and South America, who competed for one of the Western Hemisphere’s most prestigious military trophies: Fuerzas Comando. The special forces of North and South American partner nations have been participating in the military exercise every year since 2004. For 2017, the competition’s slogan was “The Force that Brings Us Together.” From July 17th-26th, around 500 personnel, including military, police, special agents, and civilian personnel from 20 countries gave it their all in tests at various Paraguayan Army units, including the Infantry Training School (in Vista Alegre), the Special Forces Facilities (in the department of Presidente Hayes), and the Artillery Command (in the department of Paraguarí). Paraguay organized Fuerzas Comando for the first time in 2006. The competition is sponsored by U.S. Southern Command (SOUTHCOM) and run by the U.S. Army Special Operations Command South (SOCSOUTH). It promotes relationships between military members, increases interoperability, and improves regional security. “Thanks to the excellent coordination and the joint work of our armed institutions and SOCSOUTH, partner armed forces are participating in a competition involving demanding military skills that strengthen the preparedness of special forces in the fight against transnational organized crime, terrorism, and all these crimes that have a connection to each other,” Paraguayan Army Brigadier General Héctor Alfredo Limenza Ríos, the general coordinator of Fuerzas Comando 2017, told Diálogo. “The competition allows the participating teams to obtain recognition as elite forces representing their country,” U.S. Army Lieutenant Colonel Ángel Martínez, the deputy director of training and exercises for SOCSOUTH, told Diálogo. He is in charge of the U.S. delegation participating in the competition. “Also, they acquire knowledge that benefits all members of the region so they can work in a more integrated manner to address regional security challenges.” On this occasion, commandos from Argentina, Belize, Chile, Colombia, Costa Rica, El Salvador, the United States Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, the Dominican Republic, Trinidad and Tobago, and Uruguay “are competing in ground and environmental conditions that they have never dealt with before, including obstacle courses that challenge members of each team with physical and mental tests and tests of teamwork, as well as tests that require a high level of technical skill,” Lt. Col. Martínez said. Brazil rejoined the competition after a two-year hiatus. Each command is composed of four troops of an assault group, two snipers, and an alternate. The combined assault groups compete in physical fitness tests, a confidence course, combat, a march, an aquatic event and an obstacle course. The sniper teams face each other in a series of events including marksmanship and mobility tests, transfers in hostile territory, hostage-rescue simulations, obtaining photos, stress tests, and obtaining distances based on data from the operations center. The most grueling military competition The premier special forces troops are getting ready mentally and physically for different tests established by SOCSOUTH. “The competitor goes to the competition prepared and ready to carry out tasks in events that simulate uncommon and unexpected situations in an unknown, risk-filled environment,” Lt. Col. Martínez said. “With the goal of obtaining the best results in our most strenuous military competition, we train in an intensive, progressive manner on techniques and procedures that should be followed in the fight against terrorism, drug trafficking, and guerrilla organizations,” First Lieutenant Joel Velázquez, Paraguayan Army Special Forces Course instructor, told Diálogo. This is his third time participating in the friendly event. The main challenge for the competing elite commandos is to react and obtain the highest level of proficiency, and the highest scores in the tasks assigned to them during events that are, for the most part, unknown to the competitor up until only a few seconds before the test begins. “The most stressful test is the 20-kilometer off-road march with a rucksack of approximately 30 kilograms, along with aquatic exercises, and an obstacle course,” 1st Lt. Velázquez said, vividly recalling experiences from previous competitions. “Because it doesn’t just put the soldiers’ [physical] resistance to the test but also their psychological resistance and spirit; it requires a lot of willpower to finish.” To ensure a fair competition, the assigned tasks are scored and evaluated by judges from each participating country. These judges competed in previous editions and subjected to the same tasks. The series of evaluations will conclude with an airborne operation test, also known as a friendship jump. Goals with a minimum of errors “In any competition, a winner emerges. The country that obtains the Fuerzas Comando trophy not only wins pride and prestige but also the responsibility to redouble their efforts and training for the next competition,” Brig. Gen. Limenza said. Colombia holds the record for having won the hemisphere’s military competitions eight times. “Competition is always healthy, we all win,” 1st Lt. Velázquez stressed. “The tests also allow the participants to identify how to improve their collaboration with each other and to reach their goals in a more effective way and with as few errors as possible, thus developing their internal methods for a more effective performance of their work,” Lt. Col. Martínez added. The force that brings us together While the teams measure their knowledge and skills, senior military commanders and government representatives from the competing countries simultaneously conducted a seminar called the “Distinguished Visitor Program” (DVP) in the capital city of Asunción. The special meeting was geared towards issues concerning how to counteract current transnational and transregional threats in the Americas, according to the website of the Paraguayan Ministry of Defense. The DVP program focused on improving military and political relations and multinational military cooperation. “In addition, and maybe much more valuable, are the relationships that are established and strengthened among participants from across the hemisphere, who share a common goal of being prepared to protect the stability and security of our hemisphere,” Lt. Col. Martínez said. “This is the force that brings us together to improve our cooperation, mutual trust, training, our recruitment levels, and the capability that the special forces across the Americas can have, since the crimes that plague us are transnational,” Brig. Gen. Limenza added. “What happens today in Paraguay or in another partner nation also has an influence in other places,” he concluded.last_img read more

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NEW ARDARA BAKERY OWNER TELLS OF HIS DREAM TO MAKE A CRUST AGAIN

first_imgTHE new owner of the recently-doomed Gallgher’s Bakery in Ardara has said he plans to make the company a huge success again.Declan Gallagher, who father Frank founded the bread-maker in 1968, bought back the company from IAWS yesterday after selling it in 2007.Mr Gallagher’s rescue package comes just weeks after IAWS said it was pulling out of Ardara with the loss of 189 jobs. Last night Mr.Gallagher told donegaldaily.com that he hopes to have 70 jobs up and running in the fresh bread production end of the business shortly with another 30 to follow.He also revealed the company has plans to diversify into new product ranges.“It has been a tough four days but we are delighted that the business is now back under our full control.“We have a great product and we have a terrific workforce and now we must make it work. “People still eat bread during a recession but we must ensure that we move with the times and introduce some new products,” he said.At present only half of the 50,000 sq foot factory in Ardara is being used.But the expansion of the company into different ranges could see the rest of the plant utilised.Mr Gallagher, who refused to divulge how much he paid for the company, asked Donegal retailers to get behind the company and companies like it and to spend money locally in shops, garages, restaurants and other stores.“We have got to think about our future and protect as many manufacturing companies as we can in our region for our children’s sake,” he said. And he added “I would like to express my appreciation to IAWS for following through on their stated determination to see the Fresh bread business preserved. They have been part of very positive negotiations on the sale and likewise Údarás na Gaeltachta have been very supportive of the effort being made.”Stephen McCahill, chairman of the Ardara Traders Association, said nobody could have pulled off what Declan Gallagher has done.“It is a credit to him because Gallaghers is simply in his blood. Nobody else but Declan could have done it.“He now deserves all our support and he will get it,” he said. EndsNEW ARDARA BAKERY OWNER TELLS OF HIS DREAM TO MAKE A CRUST AGAIN was last modified: February 23rd, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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