Callot B1 Housing / Jacques Boucheton Architectes

first_imgArchDaily Save this picture!© Stéphane ChalmeauProject gallerySee allShow lessOrmuz Specialist Eye Clinic / Loucas Zahos ArchitectsSelected ProjectsAlejandro Aravena’s Pritzker Prize Acceptance SpeechArchitecture NewsProject locationAddress:Rue Louis le Nain, 44100 Nantes, FranceLocation to be used only as a reference. It could indicate city/country but not exact address. Share Architects: Jacques Boucheton Architectes Area Area of this architecture project France Callot B1 Housing / Jacques Boucheton ArchitectesSave this projectSaveCallot B1 Housing / Jacques Boucheton Architectes CopyAbout this officeJacques Boucheton ArchitectesOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsRefurbishmentExtensionNantesFrancePublished on April 25, 2016Cite: “Callot B1 Housing / Jacques Boucheton Architectes” 25 Apr 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassGlassMitrexSolar GreenhouseLouvers / ShuttersTechnowoodSunshade SystemsFaucetsDornbrachtKitchen Fittings – EnoWoodSculptformTimber Tongue and Groove CladdingMembranesEffisusFaçade Fire Weatherproofing Solutions in Design District Project LondonHanging LampsLouis PoulsenPendant Lights – KeglenBlinds / Mosquito Nets / CurtainsBANDALUXPleated ShadesEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWoodBlumer LehmannCNC Production for Wood ProjectsMaterials / Construction SystemsCaneplex DesignPoles – Tonkin BambooFibre Cement / ConcreteTegralFibre Cement Slate Roofing – Thrutone Endurance SmoothMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Callot B1 Housing / Jacques Boucheton Architectes CopyApartments, Extension•Nantes, France Projectscenter_img Year:  “COPY” Save this picture!© Stéphane Chalmeau+ 18 Share 2015 Apartments Photographs ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs:  Stéphane ChalmeauProject Author:Jacques BouchetonProject Manager:Raphael PicaperNew Area:1618 sqmCity:NantesCountry:FranceMore SpecsLess SpecsSave this picture!© Stéphane ChalmeauRecommended ProductsFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)WoodEGGERLaminatesEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWoodTechnowoodPergola SystemsText description provided by the architects. Following the partial demolition of a social housing units, this project expresses a link between the historical district and the vale of “Dervallières” while re-introducing an appropriation of the nearby green spaces.Save this picture!DiagramThe volumetric aspect consists of a new building attached to a larger old building complex. The project thus sets up in the axis of the composition of the original plan, in order not to obstruct the East-West perspectives of the neighbourhood, and make the project fit in the important site topography. Stretching eastward, the project conveys the will to anchor the building over the vale and the Renoir street, major axis of the revival of the eastern part of the district.Save this picture!© Stéphane ChalmeauThe project results from the combination of three entities. The perception of the five-storey apartment block facing Callot street is radically scrambled by its shortening, and the visual separation of its lower floors. These levels now establish a base fitting into the landform, an intermediate building with lively terraces facing the pedestrian path. The new eastern construction extends the composition with a simple volume, a five-storey apartment block standing on a base.Save this picture!Elevation SouthSave this picture!Elevation NorthThe design of a light metallic framework, inspired by the composition grid of the old building and the close ones, enables a consistency of the whole building complex. Stretching the silhouette of the new building to the lower floors of the old building, this structure accommodates new functions.Save this picture!© Stéphane ChalmeauThe combination of steel and wood for the new building and the refurbishment of the old lower floors conjures up a shared imaginary realm of gardens and parks, in close relation with the near green spaces.Save this picture!© Stéphane ChalmeauThe unvarying and monochrome coating of the Callot building makes it easily understandable, while giving it back the elegance of a simple horizontal building. Area:  4558 m² Year Completion year of this architecture project last_img read more

Asda says no to non-charitable car park clothing recycling collections

first_imgAsda is continuing to permit registered charity The Salvation Army to site clothing recycling bins in its car parks. Asda says no to non-charitable car park clothing recycling collections Howard Lake | 8 September 2006 | News Supermarket Asda has asked a company to remove its clothing recycling collection bins from its car parks having learned that it is not a registered charity.According to The Times, Asda’s lawyers instructed Planet Aid, a company linked to the Danish organisation Humana People to People, to remove all its bins from their premises by the end of August.Birgit Soe, head of Planet Aid in the UK, told The Times that it chose not to be a registered charity so that it could be free to engage in buying and selling clothing. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.center_img  111 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Tagged with: corporate Tradinglast_img read more

Waitrose & Partners launch £1m fund to help tackle plastic pollution

first_img Melanie May | 28 January 2019 | News Trewin Restorick, CEO and Founder, Hubbub said:“Waitrose’s new grant fund is tremendously exciting as it will support innovative thinking on how to combat the issue of plastic pollution. We’ll be on the lookout for entries that really demonstrate a tangible impact and that will have a longer-term legacy beyond the grant funding stage.  We’d encourage any eligible organisation working in this space to apply via the website.”Waitrose & Partners has also committed to removing all 5p plastic bags from its shops by March 2019 and replacing loose fruit and vegetable bags with a home compostable alternative by spring 2020. By doing this it estimates that it will cut almost 134 million bags each year from the environment, equating to 500 tonnes of plastic.Waitrose & Partners has pledged too not to sell any own-label products in black plastic packaging beyond 2019 and has hit its target to remove black plastic on its fresh meat, fish, poultry, fruit and veg.  It has committed to making all its own-label packaging widely recyclable, reusable or home compostable by 2023. Waitrose & Partners launch £1m fund to help tackle plastic pollution  177 total views,  1 views today Waitrose & Partners has launched a £1 million grant fund for projects designed to reduce unnecessary plastic and tackle plastic pollution.  Launched today (28 January), Plan Plastic – The Million Pound Challenge will award money, over one year, to projects that can demonstrate an impact on plastic pollution now and in the future. The retailer is partnering with environmental charity Hubbub to support the chosen projects and measure the impact of the grants.The £1 million fund has been raised from the sale of 5p carrier bags and grants will range from £150,000 to £300,000.Applications for Plan Plastic are open until 24 February and the fund is open to a range of organisations including charities, academic bodies, social enterprises, and schools & colleges, across the following project areas:Plastics in the community – projects encouraging and enabling plastic recycling and the circular economy linked to social impact, for example, promoting wellbeing in the community.Education – campaigns aimed at children and young people to raise awareness and change behaviour to reduce plastic pollution.Public behaviour change – projects inspiring and enabling new ways of shopping and consuming.Food, agriculture and farming – projects focusing on finding alternatives, reducing use, and increasing reuse of plastics in the food, agriculture and farming industries.Micro plastics – projects aimed at identifying the impact, reducing the prevalence and preventing micro plastic pollution.Organisations can apply via the Plan Plastic website. An independent expert panel made up of representatives from academia, industry, non-governmental organisations, business and a senior Waitrose Partner, will review the submissions in April with the chosen grantees to be announced in May.Tor Harris, Head of CSR, Health & Agriculture for Waitrose & Partners, said:“We hope the fund will help find new and effective ways of accelerating action to rethink how we all use and dispose of plastic now and in the future. We take this issue very seriously, and are making progress all the time, but we’re determined to maintain our momentum as well as supporting others to do the same.” Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis63 Tagged with: environment Funding grants  178 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis63 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via read more

Union members march on New York City Hall

first_imgProtest at City Hall, June 12.WW photo: G. DunkelThe Metropolitan Labor Committee, a coalition of trade unions representing 350,000 workers employed by New York City, held an after-work protest June 12 at City Hall. More than 10,000 angry workers came to express strong solidarity with all the struggles currently engaging workers.Johnnie Stevens, an organizer with Parents to Improve School Transportation, told Workers World: “Billionaire Mayor [Michael] Bloomberg admits that not giving city workers the raises they deserve has saved the city $7.8 billion. That’s $7.8 billion that the city has taken out of the pockets of its workers.”A speaker at the rally said that New York City had accumulated a $40 billion surplus over the last 11 years.Bloomberg admitted in a June 2 Daily News op-ed that he wants his intransigence to put his successor in a position to demand harsh concessions from the unions. The unions — which are asking current mayoral candidates where they stand before endorsing — won’t be able to wait another four years without a contract.The Bloomberg administration has set harsh terms for all contracts. They include no retroactive pay, which is traditionally part of a delayed contract; raises only in exchange for vacation time and sick days; and substantial worker contributions for health care costs, now generally covered by the city.No new union contract offered by the city lets members keep up with inflation. As a result, no union has accepted the mayor’s terms.Some big unions like the United Federation of Teachers, which represents New York’s 100,000 teachers, have been working under an expired contract for more than four years.However, the teachers have had their contract modified — to their detriment. Bloomberg used a state law to impose a new evaluation system on teachers, “to hold their feet to the fire,” as he put it. (NY Daily News, Dec. 7) This system is based on extensive testing of pupils, which many teachers feel interferes with their teaching.Some of the material tested this year had just recently been introduced to teachers and students. Teachers have said they fear losing their jobs if the scores of their students on these tests are low.More than half the demonstrators wore UFT T-shirts. As one handmade sign noted, “Department of Education wants to ‘recruit, retain and reward effective teachers.’ Where’s my reward? Fair contract now!”Speakers urged unity among the unions present. Although some pointed out there were no politicians on the podium for this union event, the only action speakers raised was to vote, but for whom wasn’t specified. The major unions in the MLC have each endorsed a different Democratic candidate for mayor, which might be one reason no politician was on the podium.Without specific action proposals coming from the podium, union members sought answers elsewhere. A Workers World flier calling for an immediate 4 percent raise on July 1 drew an enthusiastic response. A Freedom Socialist leaflet calling for “quality, publicly funded childcare” also drew attention, given that currently available childcare is under attack. District Council 37 Rank and File, part of the American Federation of State, County and Municipal Employees, offered concrete proposals on how to build a stronger union movement.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Two mayors for Limerick

first_imgVanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Previous articlePolitical row over Dell privatisation proposal in LimerickNext articleAnti Austerity Alliance get no change from €400 pocket money in Limerick Alan Jacques Advertisement RELATED ARTICLESMORE FROM AUTHOR Facebook Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Email Limerick Ladies National Football League opener to be streamed live Print WhatsAppcenter_img by Alan [email protected] up for the weekly Limerick Post newsletter Sign Up Mayor of Limerick City and County, Cllr Kevin SheahanTO avoid confusion caused with having a Cathaoirleach of Limerick City and County Council and Mayor of the Metropolitan District, it was decided at a local authority meeting this week that it would be less confusing to have two Mayors.A motion to consider changing the title of Cathaoirleach to Mayor of Limerick City and County was passed by 23 votes to 12 at County Hall in Dooradoyle on Monday evening using legislation from the Local Government Act, 2001.Council chief executive Conn Murray said there had been confusion over the titles cathaoirleach and mayor since the new council was elected in May.The contentious move to change the titles now sees current Cathaoirleach Kevin Sheahan (FF) take the title of mayor of the city and county, with Cllr Michael Sheahan (FG) mayor of the metropolitan area, and Leas-Cathaoirleach Joe Crowley as deputy mayor of city and county.Mayor of the Metropolitan District, Michael Sheahan, claimed Chief Executive of the Council, Conn Murray, was “leading the charge” on this motion and able to put whatever policy he wanted on the agenda under the Local Government Bill.Mayor of Limerick Metropolitan District, Cllr Michael SheahanCllr Sheahan called for the motion to be deferred for three-months so the public could be consulted and a “measured decision” taken in the new year.“Show leadership and deal with this properly and professionally. This is an immense, historic decision. Treat the two offices with dignity,” he pleaded.Independent councillor for City North, John Gilligan, said the decision to abolish the mayoralty of Limerick in the first place was one of the “worst decisions ever made”.“We had a mayor for over 800 years. The only time this was interrupted was by Oliver Cromwell. It’s an office that doesn’t hold any power but it has a huge influence on the city,” said Cllr Gilligan.“What we have now is the worst of all worlds. No one understands. The title should be mayor of Limerick. Why make the distinction between city and county?” he asked.Fine Gael councillor for Newcastle West, Jerome Scanlan, said the city and county, were culturally two very different places and suggested things might be “more amenable, more peaceful” if there was a mayor and leader of Limerick Council.“We are on the hind tit out the county,” he added.Independent councillor for Adare-Rathkeale, Emmett O’Brien, lightened the mood when he jested that if the title of leader was implemented, they would be known as “herr fuhrer” if ever in Germany.City North councillor Michael Hourigan (FG) suggested that the Council take its time to consider the proposal.“The mayor will open doors as leader of the Mid-West. The mayor’s office can do a lot positively for Limerick,” he said.In an impassioned speech, Fine Gael councillor for City West, Daniel Butler, suggested that the first order of business should be to decide whether the local authority would be Limerick Council or Limerick City and County Council. He insisted that further discussions were needed.With the new changes to the names of the roles, the title of Cathaoirleach, which has existed since 1899, has now been ushered to the annals of the history books.Cllr Butler, whose late father Richard was elected Cathaoirleach of Limerick County Council in 2010 said he hated to see this office “devalued”. Twitter TAGSCllr Kevin SheahanCllr Michael SheahanlimerickLimerick City and County Council Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Linkedin Limerick’s National Camogie League double header to be streamed live NewsLocal NewsTwo mayors for LimerickBy Alan Jacques – November 27, 2014 1017 WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads last_img read more

Lottery Market in North America to grow by $ 25.6 Billion During 2020-2024 |…

first_imgLocal NewsBusiness Facebook Twitter Technavio has announced its latest market research report titled Lottery Market in North America 2020-2024 By Digital AIM Web Support – February 4, 2021 Pinterest Facebook WhatsAppcenter_img Lottery Market in North America to grow by $ 25.6 Billion During 2020-2024 | High Penetration of Smartphones and Internet to Boost Growth | Technavio Twitter TAGS  Pinterest WhatsApp Previous articleNFL players continue fighting for social justice, diversityNext articleWalker leads Radford past South Carolina Upstate 63-61 Digital AIM Web Supportlast_img read more

A Critique Of MCA Circular Excluding Donations To State COVID-19 Funds From CSR Expenditure

first_imgColumnsA Critique Of MCA Circular Excluding Donations To State COVID-19 Funds From CSR Expenditure Eklavya Dwivedi12 April 2020 11:40 PMShare This – xIntroduction Section 135 of the Companies Act, 2013, mandates all companies, having net worth of 500 crore, or turnover of 1000 crore or more or a net profit of 500 crore or more during a financial year to constitute a Corporate Social Responsibility (“CSR”) Committee Board. The responsibilities of the Board are enumerated thereunder, with the object of ensuring that every company…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?LoginIntroduction Section 135 of the Companies Act, 2013, mandates all companies, having net worth of 500 crore, or turnover of 1000 crore or more or a net profit of 500 crore or more during a financial year to constitute a Corporate Social Responsibility (“CSR”) Committee Board. The responsibilities of the Board are enumerated thereunder, with the object of ensuring that every company spends, in each financial year, at least 2% of the average net profits of the company, in pursuance of its CSR policy.[1] Simply put, it is the responsibility of all companies, which have a net worth of 500 crore or more, turnover of 100 crore or more, or net profit of 500 crore, to : a)Constitute a CSR Company Board ; b)Ensure that 2% of annual net profit is invested in activities enumerated under clauses (i) to (xii) of Schedule VII of the Companies Act, 2013. The Central Government, vide General Circular dated 23.03.2020, bearing No. 10/2020, informed all stakeholders that GOI in consultation with WHO, has notified COVID-19 as a pandemic (notified disaster). Further, spending of CSR funds for Covid-19 is permissible form of CSR activity.[2] It was informed that funds may be spent on activities enumerated under clauses (i) and (xii) of Schedule VII of the Companies Act, 2013. Pertinently paragraph 2 of the said circular expressly states that items in Schedule VII are broad based and may be interpreted liberally for this purpose.[3] On 28.03.2020, an Office Memorandum was issued by the MCA notifying that all donations made to the PM Cares fund are eligible to be qualified as CSR expenditure under clause (viii) of Schedule VII.[4] On 10.04.2020, the MCA issued yet another General Circular bearing No.15/2020, vide which the MCA clarified itsposition vis-à-vis various FAQ’s, presumably, put forth by companies which made contributions to State Covid-19 Relief Funds and not to the PM National Relief Fund or PM Cares Fund.[5] The MCA in FAQ 2 has clarified that ‘Chief Minister’s Relief Fund’ or ‘State Relief Fund for COVID-19’ is not included in Schedule VII of the Companies Act, 2013 and therefore any contribution to such funds shall not qualify as admissible CSR expenditure”. FAQ 3, on the other hand, states that contributions made to State Disaster Management Authority will form part of CSR expenditure. Strangely, FAQ 4 clarifies that funds spent on Covid-19 related activities will fall within the ambit of Schedule VII. Herein lies the contradiction and incongruity in law. The Circular is devoid of any rationale basis which such distinctions have been drawn between funds, which otherwise seek to serve the same purpose – containment of the Corona virus and flattening the curve of positive cases. Before we examine the legalities of this aforementioned exclusion, it is pertinent to understand the object behind CSR. Brief background Corporate Social Responsibility (CSR) can be defined as the ‘ethical behaviour of a company (or say business) towards society’. It means engaging directly with local communities, identifying their basic needs, and integrating their needs with business goals and strategic intent. The government perceives CSR as the business contribution to the nation’s sustainable development goals. Simply stated, CSR is a concept which suggests that commercial corporations must fulfil their duty of providing care of the society.[6] It is the continuing commitment by corporations to behave ethically and contribute to economic development, improving the quality of life of the community and society at large.[7] Inherent in CSR is the socio-economic policy of the government to ensure Corporations, which often play a huge role in environmental degradation and excessive wastage of resources, constitute a Board in order to form a policy which would cater to the overall upliftment of the area where the Corporation operates, and of the country at large. It may be looked at as a quid pro quo arrangement between the society and the corporations, which cater to each other’s interests though this mechanism. While industry provides employment opportunities and thus facilitates socio-economic progress, it also displaces people, and the onus is, therefore, on the industry to ensure proper infrastructure facilities are in place. The need for CSR has increased due to recent rapid increase in the operation of MNC’s on the soil of India. Such corporations have often perturbed the lives of the locals. Bhopal Gas Disaster[8], POSCO plant in Odisha, Unilever case of Kodaikanal and many other such instances depicting the negative intrusion of the corporations into the lives of the people. This is a strong factor that has made Government turn its head towards CSR. The tribal, villagers and other socially disadvantaged groups of the population often find themselves at the mercy of government.[9] CSR is extremely important for sustainable development of all stakeholders (all the people, on whom the business has an impact, including the society at large). Proponents of CSR argue that companies make more long term profits by operating with a perspective, while critics argue that CSR distracts from the economic role of businesses. Nevertheless, the importance of CSR cannot be undermined.[10] An epidemic [later qualified as a pandemic] which has led to a complete lockdown of the nation, the burden on those who are in position to contribute and ease off the stress on certain sectors like health care and food industry, has never been greater. Validity of the Circular Now, we proceed to examine the position in law of the statutory guidelines as contained in the Companies Act, 2013. The scope and width of Section 135 has been discussed above. Section 135 has to be read with Schedule VII of the Act. It is here that the activities, which would fall under CSR, have been enumerated. Clauses (i) – (xii) set out the various sectors which may be targeted through CSR contributions. It includes, inter alia, healthcare, socio-economic policies, environment and ecological sustenance, gender equality, education. We are concerned primarily with clause (i) and clause (xii) of the said Schedule. The clauses have been extracted below :- -(i) Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation and making available safe drinking water. -(xii) disaster management, including relief, rehabilitation and reconstruction activities On a perusal on clause (i) Schedule VII, it is evident that activities which promote health care, including preventive health care, would constitute CSR related activities. Further, the parameters included therein are inclusive and not exhaustive. This can be positively gauged from the 23.03.2020 notification (supra) of the Central Government as well, which recommends liberal and broad based interpretation of the activities enumerated under Schedule VII. So construed, any contribution towards any activity promoting health care and preventive healthcare would form a part of CSR related activities. The contributions made to State relief Funds, in order to mitigate the spread of Covid-19 would fall under this clause. This clause is an inclusive clause and must be read in light of the purpose CSR seeks to achieve. Clause (xii) of Schedule VII provides for activities related to disaster management, relief, rehabilitation, et al. Again, construing the said clause liberally, it would entail that contributions made to any fund, Central or State, in pursuance of any rehabilitation policy or for the purposes of providing aid to persons aggrieved by any health exigency, would fall under this clause. Yet again, there exists no distinction in the statute between contributions going to Central and Provincial welfare funds. Central and State funds constituted for the purposes of mitigating the effects of Covid-19 would, by necessary implication, fall under clause (xii). This fact is made even more clear by the Circular dated 10.04.2019, which specifically includes contributions to State Disaster Management Authorities. The relevant part is reproduced below for ready reference : “Ministry vide general circular No. 10/2020 dated 23rd March, 2020 has clarified that spending CSR funds for COVID-19 related activities shall qualify as CSR expenditure. It is further clarified that funds may be spent for various activities related to COVID-19 under items nos. (i) and (xii) of Schedule VII relating to promotion of health care including preventive health care and sanitation, and disaster management. Further, as per general circular No. 21/2014 dated 18.06.2014, items in Schedule VII are broad based and may be interpreted liberally for this purpose.” It is also pertinent to keep in mind the mandate of the proviso to sub-section 5 of Section 135. The immediate concern of every corporation qua CSR related expenditure is to give preference to the local area around which it operates. This criteria is better taken care of by contributing to a State fund, thereby making sure that the contribution is utilized without any lag or laxity in approach. Further, it also slices off the time taken for funds to percolate down the system and reach the concerned States where the requirement is most exigent. Without prejudice to the above submissions, let us assume that the impugned circular lays down the correct position in law. This would lead to an anomalous scenario where the Act discriminates between Central and State Funds, which otherwise seek to serve the same purpose – mitigating the spread of the virus. Many states have constituted funds dedicated to Covid-19, which is exactly what the PM Cares Fund has been constituted for.[11] Including the PM Cares Fund within the ken Schedule VII, and excluding all other State funds which are designed for the same purpose, would be manifestly arbitrary and would expose the Act (Schedule VII, in particular) to an attack on the basis of violation of Article 14 of the Constitution. Therefore, following the principles of purposive and harmonious construction of statutes, if any expenditure is relatable to any of the activities falling under Schedule VII of the Companies Act, such contribution should be taken as CSR expenditure. Contributions made to State Relief Funds also enable the State to fulfil its duties as regards protection and promotion of health and marginalizing the damage which an infection like Covid-19 proposes to inflict. This interpretation would also be in line with the principles of federalism, oft quoted but never fully adhered to, which is that an interpretation that whittles down the powers of the State should be avoided. The Centre and the State must work together, hand in hand, towards defeating this common enemy. Conclusion Thus, General Circular dated 10.04.2020, bearing No.15/2020, does not lay down the correct position in law. It is submitted that by virtue of Entry 85/96 of List I of the Constitution of India, the power to legislate on any issue relatable to corporate tax falls within the legislative domain of the Union[12], but this power does not authorize the Central Government to override the statutory mandate of the Companies Act, 2013, on the basis of an executive order issued by MCA. The same would be a colourable exercise of power. Only Parliament, by law, can give effect to such exclusion. It is up to the various State Governments, or maybe even the big Corporations to challenge General Circular No.15/2020 issued by the MCA on 10.04.2020, and get appropriate relief in the form of a clarification or a direction from the High Courts or the Supreme Court.(The author is a Supreme Court Advocate) [1] Sub-section 5 of Section 135, Companies Act, 2013. [2] [3] see also FAQ 4 in Circular dated 10.04.20, where this position is reiterated [4] [5] [6] C. Gopala Krishna, Corporate Social Responsibility in India: A Study of Management Attitudes (Mittal Publications, 1992) [7] Sushma Bareja “Corporate Social Responsibility — A Key for better Corporate Governance” (2005) 4 Chartered Secretary 374. [8] Union Carbide Corporation v. UOI, (!991)4 SCC 584 [9] Dr. Sunitha Kanipakam, Reflections of Indian judiciary on Corporate Social Responsibility, International Journal of Applied Research and Studies, Review paper, ISSN: 2278-9480 Volume 2, Issue 4 (April 2013). [10] Pushpa Sundar, Business and Community: The Story of Corporate Social Responsibility in India (SAGE Publications India, 2013) [11] Chattisgarh, Delhi, Goa, Haryana, Himachal Pradesh, Andhra Pradesh, etc., have all constituted funds specifically for the purposes of tackling Covid-19 [12] CSR, being in the nature of a compulsory exaction by Govt., would fall under the definition of ‘Tax’. Live Updates 13 April 2020 2:00 AMSenior Advocate Sanjay Hegde, Sunil Fernandes on screen as well as the bench comprising CJI SA Bobde, Justices LN Rao & MM Shantanagoudar.Bench now assembles on screen.13 April 2020 1:09 AMSupreme Court:Prisoners in Detention Centre’s in Assam who have been on detention for more than 2 years, may be released on personal bond with One surety. Intends to reduce condition of surety of 1 lakh rupees.13 April 2020 1:08 AMCJI justifies rationale behind importance of Sureties. “The people being released should have enough roots in society to get two sureties. We will reduce the surety amount required”13 April 2020 1:08 AMCJI: “We will lift the requirements of bond with two sureties.We will ask for one surety.”Senior Advocate Colin Gonsalves – There could be a problem in getting sureties.13 April 2020 12:56 AM”Many prisoner have sons and grandsons and they have, in fact, agricultural land over here. They will not run away. Their family is here! The order may be implied, stated that they may be deported” Dr. Gonsalves13 April 2020 12:55 AMThe CJI asks AG “How will ensure the foreign prisoners will not disappear, if they be allowed to be released?”Senior Advocate Colin Gonsalves: They are not foreigners in real sense. Living here for 5 decades but don’t have papers to show.13 April 2020 12:54 AMAttorney General KK Venugopal: Incubation period is 14 days. Those who are released should be kept in isolation for such period before sending back to home.CJI: You decide that. We will not say anything on it.13 April 2020 12:52 AMCJI asked the Attorney General, if these prisoners would be released, then who will give the sureties?”You determine protocol for release. Court can’t do it” : CJI13 April 2020 12:51 AMCJI: “On September 15, 2019 we ordered those who completed 3 yrs in detention centre to be released. Now we will make it 2 yrs.”Assam’s lawyer: “There were other conditions like bond of Rs 1 lakh. What about them?”13 April 2020 12:49 AMSC asks Assam Government if the orders for release of prisoners can be extended to Detainees in foreigner Detention Centres in Assam.Assam advocate: The people in the centres have been convicted and held guilty of illegally entering. They are not eligible for release.>Load MoreNext Storylast_img read more

‘Banks Not Passing Benefits Of Multiple Cuts In Policy Rates To Customers’: Plea In SC Seeks Extension Of RBI Loan Moratorium, Fixation Of Lending Rates

first_imgTop Stories’Banks Not Passing Benefits Of Multiple Cuts In Policy Rates To Customers’: Plea In SC Seeks Extension Of RBI Loan Moratorium, Fixation Of Lending Rates LIVELAW NEWS NETWORK7 Aug 2020 7:02 AMShare This – xA writ petition has been filed in the Supreme Court seeking the extension of the loan moratorium announced by the Reserve Bank of India beyond August 31 for a period of 18 months.The petition filed by Coimbatore Jewellery Manufacturers Association also seeks a direction to the RBI to fix the lending rates of banks by contending that “banks have failed to pass on the benefits of reduced rates…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?LoginA writ petition has been filed in the Supreme Court seeking the extension of the loan moratorium announced by the Reserve Bank of India beyond August 31 for a period of 18 months.The petition filed by Coimbatore Jewellery Manufacturers Association also seeks a direction to the RBI to fix the lending rates of banks by contending that “banks have failed to pass on the benefits of reduced rates of interest to their customers despite multiple cuts in policy rates (repo, reverse repo and bank rate) made by RBI”.It was on March 27 that the RBI Governor, Shaktikanta Das, announced the decision allowing banks and lending institutions to allow moratorium for term loans from March 1 to May 31. On May 22, the moratorium period was further extended till August 31.The writ petition filed Coimbatore Jewellery Manufacturers Association states that the economy is yet to recover from the losses inflicted by the COVID-19 pandemic and the nationwide lockdown. It is pointed out that several regions of the country continue to be under lockdown.”Thus, most businesses, including those of the members of the Petitioner association have not been able to restart operations. The crisis has worsened because of workers employed by the members of the Petitioner association, shifting back to their home states.The Petitioners submit that periodic extensions in the moratorium period will lead to further economic uncertainty and speculation. It is in this background that the Petitioners seek a direction that Respondent No.2, fix the moratorium period to 18 months”, reads the plea filed through Advocate Pranjal Kishore.Benefits of reduction in policy rates not passed on to the customersAnother issue highlighted in the petition is regarding the non-reduction of lending rates by the banks in proportion with the cutting down of policy rates by the Reserve Bank of India.It is pointed out that the repo, reverse repo and bank rates have been reduced on 5 separate occasions since 2019. The repo rate was reduced by a total of 135 basis points in 2019. These reductions in policy rates have been accompanied by a reduction in the Statutory Liquidity Ratio (“SLR”). The SLR which stood at 19.25% in April, 2019 has now been reduced to 18%.The following table is incorporated in the petition to highlight the issue:”It is clear from a bare perusal of the above, that banks have not reduced interest rates in accordance with the reduction in policy rates by the Respondent No.2. As such, even though Respondent No.2 has reduced these rates in order to provide succour to citizens, it is banks that have profited from these reductions”, the plea states. Despite the repo rate, the reverse repo rate and the bank rate being the lowest ever, there has been no corresponding decline in the rate of interest on loans given out by banks.It is pointed out that the Ministry of Finance had issued a directive in September 2019 “to link all new floating rate personal or retail loans (housing, auto, etc.) and floating rate loans to Micro and Small Enterprises extended by banks with effect from October 01, 2019 to external benchmarks.” These external benchmarks include the repo rate, government of India treasury bill yield etc. The petitioner laments that despite this directive, banks have failed to reduce interest rates of even floating interest rate loans.The petition states that the RBI has the power to fix the lending rates as per Section 21 and 35A of the Banking Regulation Act, 1949.The petitioner submits that the power to issue directions under Section 21 and 35-A is coupled with the duty to act in the public interest.”It is humbly submitted that the Reserve Bank of India has taken various policy decisions in order to reduce the rate of interest on loans advanced by banking companies. However, the benefits of these decisions have not percolated to citizens, because of banks failing to reduce the rates of interest on advances. It is thus submitted that this is a fit case for the Respondent No.2 to exercise its powers under Section 21 read with Section 35A of the Banking Regulation Act, 1949 in order to fix the rate of interest at which loans are advanced by banking companies”, the plea states.The plea also seeks waiver of levy on interest during the moratorium period. The accrual of interest defeats the purpose of Emergency Credit Line Guarantee Scheme (ECLGS), states the petition.On July 27, a bench comprising Justices Ashok Bhushan, R Subhash Reddy and M R Shah issued notice on the petition. The petition has been tagged along with the batch case challenging the levy of interest during the moratorium period and will be taken up next on August 28.Senior Advocate Sanjay Hegde appeared for the petitioner. Next Storylast_img read more

Docents visit Troy

first_img Sponsored Content Print Article Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… “We are here to communicate with each other and to learn from each other,” said Alice Novak, assistant curator of education for adult programs at the Montgomery Museum of Fine Arts.“We learn different ways to lead tour groups and how we can best prepare ourselves to lead groups. Leading a school group is different from leading a group of adults who have a background in the arts. And, not all docents have a background in art history so we have to read and do research to be able to make the tour interesting and informative.”Novak said docents are key and vital to the understanding of an exhibition. Pike County Sheriff’s Office offering community child ID kits Troy falls to No. 13 Clemson “As we visit with each other, we discuss how to effectively recruit docents,” she said. “We talk about outreach programs that involve docents and about teacher preparations that should be made prior to and following students visiting an exhibit.”Novak said a docent has an opportunity to open a dialogue between visitors to an art museum and the world of art.“It is most important that, as docents, we open this world of art to those who come wanting to learn more about an exhibit and the artist or artists,” she said.Wiley White, Troy-Pike Cultural Arts Center development director, said the docents for the Johnson Center for the Arts went to the Montgomery Museum of Fine Arts last summer in an effort to learn more about docent training from other arts centers and museums. Skip By The Penny Hoarder Published 9:42 pm Tuesday, April 21, 2009 Book Nook to reopen Docents are volunteer guides at museums or other educational institutions.Locally applied, docents are volunteer guides at the Johnson Center for the Arts.On Monday, docents from the Montgomery Museum of Fine Arts and the Jule Collins Smith Museum of Fine Arts at Auburn University visited the Troy arts center and met with docents there in an effort to “communicate.” Plans underway for historic Pike County celebration Remember America’s heroes on Memorial Day Docents visit Troy Around the WebMd: Do This Immediately if You Have Acid Reflux (Watch Now)Healthy LifestyleIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel By Jaine Treadwell “Then Alice Novak called and suggested a meeting here at the Johnson Center that would include docents from the Montgomery and Auburn museums of fine arts,” White said.“The Jule Collins Smith Museum has a new group of docents and we have new docents in addition to those who have been training about a year. We realized that the knowledge and experiences that would be shared would be very beneficial to all of us.”The Keiji Shinohara exhibit, which is now at the Johnson Center for the Arts, came to Troy from the Montgomery Museum of Fine Arts.“The docents from Montgomery provided us with some really good ideas and valuable information about the Keiji Shinohara exhibit,” White said.“We also used their handbook as a template for our handbook. Of course, ours is much smaller but theirs was very helpful to us in getting started.”White said that docents are the key to any successful museum exhibition.“Docents are the voice of the building,” she said.“We appreciate their dedication to the arts and their willingness to work together for the benefit of the arts and the community.” You Might Like At what price? A bill approved in Senate Committee last week to aid Alabama’s Prepaid Affordable College Tuition Plan could bring relief to… read more Email the author Latest Storieslast_img read more

Trump weighs in on Drew Brees apology amid national anthem controversy

first_img…We should be standing up straight and tall, ideally with a salute, or a hand on heart. There are other things you can protest, but not our Great American Flag – NO KNEELING!— Donald J. Trump (@realDonaldTrump) June 5, 2020The president’s tweet came on the heels of Brees’ Wednesday comments in which he said that he will “never agree with anybody disrespecting the flag of the United States of America or our country.”In the interview with Yahoo Finance, Brees explained that while he understands the racial discrimination players across the league have tried to highlight, he does not support taking a knee during pre-game ceremonies.After widespread backlash from sports fans and black players, who make up 70% of NFL rosters, Brees issued a written apology followed by a lengthier post and video on Instagram.“I would like to apologize to my friends, teammates, the City of New Orleans, the black community, NFL community and anyone I hurt with my comments yesterday,” Brees wrote Thursday in his first apology, posted alongside a photo of a black and white arm joining hands. “In speaking with some of you, it breaks my heart to know the pain I have caused … I made comments that were insensitive and completely missed the mark on the issues we are facing right now as a country.”The 13-time Pro Bowler continued, “Those words have become divisive and hurtful and have misled people into believing that somehow I am an enemy. This could not be further from the truth, and is not an accurate reflection of my heart or my character.”In the subsequent apology video, Brees said, “I just want you to see in my eyes how sorry I am for the comments I made yesterday.”“Step-by-step you will see my heart for exactly what it is and the way everyone around me sees it,” the caption read. “I’m sorry it has taken this long to act and to participate in a meaningful way but I am your ally in this fight.”Copyright © 2020, ABC Audio. All rights reserved. June 5, 2020 /Sports News – National Trump weighs in on Drew Brees apology amid national anthem controversy FacebookTwitterLinkedInEmailSean Gardner/Getty ImagesBy KELLY MCCARTHY, ABC NEWS(WASHINGTON) — “NO KNEELING,” President Donald Trump asserted on Friday in response to the latest round of NFL controversy.Trump called out New Orleans Saints quarterback Drew Brees’ most recent apology for comments he made on players who take a knee during the national anthem to protest police brutality just days after George Floyd died.“I am a big fan of Drew Brees. I think he’s truly one of the greatest quarterbacks, but he should not have taken back his original stance on honoring our magnificent American Flag,” Trump said in his tweet. “OLD GLORY is to be revered, cherished, and flown high … We should be standing up straight and tall, ideally with a salute, or a hand on heart. There are other things you can protest, but not our Great American Flag – NO KNEELING!” Written by Beau Lundlast_img read more