NCLT Urges Litigants To File Joint Memo Of Written Submissions To Avoid Delay In Disposal [Read Notification]

first_imgNews UpdatesNCLT Urges Litigants To File Joint Memo Of Written Submissions To Avoid Delay In Disposal [Read Notification] LIVELAW NEWS NETWORK7 April 2020 2:45 AMShare This – xThe National Company Law Tribunal (NCLT) on Tuesday urged all the litigants to file “Joint Memo” of written submissions, so as to avoid the lengthy process of filing replies and rejoinders and ensure rapid disposal. The NCLT had restricted its functioning to hear only urgent matters via video conferencing amid the COVID-19 pandemic. It has now urged that in “surreal times” like these,…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 National Company Law Tribunal (NCLT) on Tuesday urged all the litigants to file “Joint Memo” of written submissions, so as to avoid the lengthy process of filing replies and rejoinders and ensure rapid disposal. The NCLT had restricted its functioning to hear only urgent matters via video conferencing amid the COVID-19 pandemic. It has now urged that in “surreal times” like these, the users of NCLT under Companies Act 2013 and Insolvency and Bankruptcy Code 2016, should cooperate with the Tribunal by filing joint memos, containing points for determination as mutually decided by the parties. Such memo will have to be filed before the Tribunal one day before the date of hearing or at least six hours before the hearing. However, situations that demand grant of ad-interim relief have been exempted from this requirement and it has been clarified that non filing of joint memo will not become a hindrance to NCLT in granting such ad-interim relief. The Tribunal has notified the following steps to be undertaken for filing a joint memo: “The Applicants shall brief facts (mention the supporting material papers while narrating facts) in five to ten lines and the reliefs thereto and serve the same upon the Opposite Party along with its application.The Opposite Party, in turn, shall brief their defence (mention the supporting material papers while narrating facts) in five to ten lines and serve the same upon the Applicants within 24 to 48 hours.Upon exchange of brief facts, both the parties shall jointly draft the points for determination by NCLT.Based on the points for determination, both the parties shall separately set out reasons supporting their respective stands in two to three lines on each of the points for determination. The applicants shall first set out its reasons in bullet points, and then the Opposite Party shall set out its reasons in bullet points.Relevant Material Papers if any for determination of the points from either side, they shall be annexed with the Joint Memo of Written Submissions. This Memo shall capsule all the above steps in two to three pages.This Joint Memo shall, after having signed by both the parties and the counsel, be filed one day before the date of hearing or at least six hours before hearing.If the opposite party does not appear even after service is affected upon him/them, the applicant shall place brief facts, reliefs, relevant material papers and reasons for seeking reliefs in the form of this Memo one day before or six hours before hearing date.This procedure will avoid delays, avoid filing reply and rejoinder and this memo will be user friendly (all in one) to arrive to decisions quickly.” Read Notification Next Storylast_img read more

…in brief

first_img Comments are closed. Related posts:No related photos. This week’s news in briefBMI strike threat Staff at BMI, formerly British Midland Airways, are threatening to strikeover lack of union recognition, poor working conditions, increased duty hoursand alleged harsh treatment by managers. A branch of the British AirlinesStewards & Stewardesses Association was created at the airline a year agoand has been refused recognition by the company. morale ‘low’ More than 20 per cent of finance managers in the NHS considers morale amongaccountants in the healthcare sector to be either ‘low’ or ‘poor’, a survey byHays Accountancy Personnel reveals. The study shows 70 per cent of financemanagers believe their individual departments could be more motivated, and 77per cent said positive and negative motivation cascaded down the ranks. busy to holiday Although UK managers are increasingly entitled to longer holidays, theyspend time catching up on the everyday chores they do not have time to dealwith in their busy working lives, research shows. A study by the CharteredManagement Institute finds that just 47 per cent of respondents say they willtake their full holiday entitlement this year. backs air growth The TUC has backed the expansion of the UK’s airport network, claiming thatdemand for air travel could lead to 100,000 new jobs. The union said that ifthe UK fails to increase capacity the jobs will go abroad but it stressed theneed for sustainable developments and a commitment to reduce pollution andnoise levels.’ pension plans Days after Alan Pickering’s report on pension simplification raised thepossibility of allowing employers to cut back pension benefits, MPs haveincreased their pension accrual rate by 25 per cent. The decision was ‘slippedout’ in a written parliamentary answer on the same day as Gordon Brown’sthree-year spending review. staff pay deal A landmark pay deal has been awarded to 13,000 MoD industrial civilservants, which will see increases of between 24.5 per cent and 30.8 per centover four years. The change will see the lowest paid earn £5.70 an hour and anannual minimum wage of£10,978, and also see 30 days annual leave after fiveyears service and 26 weeks paid and 26 weeks unpaid maternity and adoptiveleave. …in briefOn 6 Aug 2002 in Personnel Today Previous Article Next Articlelast_img read more

Soy Conference

first_imgPeople don’t often associate Georgia with soybeans, but for a time last week, the state became the epicenter for international soybean science.More than 300 plant breeders, molecular biologists and commercial researchers converged on Athens, Georgia, for the 17th Biennial Conference on the Molecular and Cellular Biology of the Soybean. The meeting showcased new research in gene characterization, genome editing, soybean engineering, and soybean biology and environmental interaction. Presenters came from around the globe and were hosted by University of Georgia soybean scientists and College of Agricultural and Environmental Sciences professors Scott Jackson, Zenglu Li and Wayne Parrott. “We really had some of the most cutting-edge concepts and ideas in soybean biology presented this week,” said Jackson, of the UGA Center for Applied Genetic Technologies. “From increasing yield to achieving insect and disease resistance, understanding the molecular biology of the soybean is going to help us build a more bountiful and sustainable food supply as the world’s population grows.”Farmers around the world grow about 250 million acres of soybeans, and the demand for the crop is growing. In 2018, soybean acreage planted in the U.S. overtook the nation’s planted corn acreage for the first time. Georgia farmers grow about 180,000 acres each year mainly to produce cooking oil.“The soybean is a key crop for meeting the nutritional needs of the increasing global population,” Parrott said. “A thorough understanding of soybean genetics is important for the development of new soybean varieties to meet the nutritional, environmental and industrial requirements that soybeans could fulfill over the coming decades.”In addition to the four-day molecular biology conference, UGA’s soybean scientists, led by Li, hosted the two-day 2018 Soybean Breeders Tour. The tour highlighted UGA’s soybean research and UGA Cooperative Extension work. It attracted about 160 soybean breeders and soybean specialists. “We wanted to share the work we’re doing with soybeans at UGA,” Li said. “Researchers at UGA are focused on both the basic and applied sides of soybean research, and the Soybean Breeders Tour allowed us to showcase how basic and applied soybean research come together to benefit our soybean growers and to improve the security of our food system.”For more information about soybean breeding and molecular biology at UGA, visit read more

Wolf Administration Announces Investments to Improve 29 Airports

first_img SHARE Email Facebook Twitter August 28, 2019 Infrastructure,  Press Release Harrisburg, PA – Governor Tom Wolf announced today the approval of $13.7 million in grant funding to make infrastructure and equipment upgrades at 29 Pennsylvania airports. The new improvements will help Pennsylvania’s airports operate safely, expand to meet demands, or attract more growth.“Investments in our aviation infrastructure is vital to the economic vitality of the commonwealth,” said Governor Wolf. “Hundreds of thousands of jobs are supported by aviation in Pennsylvania and the new investments announced today will help airports bolster commerce and attract more customers.”As of April 2019, Pennsylvania ranks 13th in the country in the number of public-use aviation facilities with 127 airports, heliports, and seaplane bases. Funded through PennDOT’s Aviation Transportation Assistance Program, Aviation Development Program, and the Multimodal Fund, the new investments will infuse new state investments to expand aviation-related operational and economic opportunities statewide.Following is a county-by-county list of approved aviation projects:Allegheny County:• Allegheny County Airport – $900,000 to restore and upgrade airport buildings• Pittsburgh International Airport -$2 million for aviation compatible commercial business park development on the airportArmstrong County: McVille Airport – $150,000 for construction of a building to store and protect airport maintenance equipmentBerks County: Reading Regional Airport –$18,750 to acquire snow removal equipment, $150,000 for rehabilitating portions of the north and west apron pavement areas and $180,000 to construct a de-icing material storage buildingBucks County: Quakertown Airport – $110,000 to purchase property that will help protect the approaches to the airport’s runwayButler County:• Pittsburgh-Butler Regional Airport – $250,000 to make improvements to the administration building, including enhanced access for those with disabilities, and $450,000 for rehabilitating taxiways and constructing an access road on the south-side of the airport• Butler Farm Show Airport – $67,500 for pavement repairs and re-markingCambria County: John Murtha Johnstown-Cambria County Airport – $150,000 to update the passenger terminal facility, including improvements to make it more energy efficient.Centre County: University Park Airport – $75,000 for joint sealing the runway.Chester County:• Chester County/ G.O. Carlson Airport – $1.1 million of state funds for expansion of the public-use areas in the terminal building, as well as ground access improvements.• New Garden Airport – $105,000 to design pavement rehabilitation of the airport access road.Clarion County: Clarion County Airport – $75,000 to design rehabilitation of the aviation fuel farm.Cumberland County: Carlisle Airport – $90,000 to remove and/or light obstructions in the runway approaches.Dauphin County: Harrisburg International Airport – $1.4 million to continue rehabilitating and reconstructing sections of Airport Drive.Erie County: Erie International Airport/Tom Ridge Field – $168,750 to acquire equipment to maintain airport facilities, including turfed and paved areas, as well as vehicles to support airport operations.Lackawanna County: Seamans Airport – $73,500 to seal and re-mark the runway.Lancaster County: Lancaster Airport – $37,500 to acquire airfield maintenance materials such as crack sealant that can be applied by airport maintenance staff.Lehigh County: Lehigh Valley International Airport – $2.8 million of state funds to continue the development of general aviation hangars.Luzerne County: Wilkes-Barre/Wyoming Valley Airport – $75,000 to replace the aviation gasoline fuel dispenser.Mercer County: Grove City Airport – $142,500 to acquire equipment to remove brush and support ground handling of aircraft.Mifflin County: Mifflin County Airport – $200,000 to rehabilitate existing hangars, including upgrades to the electrical system and replacing structural steel items, $30,000 for designing aviation fuel facilities.Monroe County: Pocono Mountains Municipal Airport – $150,000 for designing replacement of the fuel farm.Montgomery County: Wings Field – $150,000 to remove and/or light obstructions in the runway approaches.Northumberland County:• Danville Airport – $180,000 to install pilot visual aid equipment and replace runway edge lighting.• Northumberland County Airport – $7,500 for the installation of security cameras.Philadelphia County: Philadelphia International Airport – $424,900 in state funds for rehabilitation of platforms and canopies at the airport’s SEPTA regional rail line station.Somerset County: Somerset County Airport – $150,000 to acquire equipment to maintain airport facilities, including turfed and paved areas.Westmoreland County:• Arnold Palmer Regional Airport – $1.5 million for hangar site development and ground access improvements.• Rostraver Airport – $375,000 for repairing the airport access road and making improvements to the aviation fuel farm and helipad.center_img Wolf Administration Announces Investments to Improve 29 Airportslast_img read more