Reports HondurasAmericas The imprecise, discretionary and hastily-approved Law on Secret Information that the Honduran parliament adopted on 13 January constitutes a major new blow to freedom of information in one of the western hemisphere’s most dangerous countries for news and information providers.Reporters Without Borders hopes that this law, which turns state-held information into a private reserve, will be overturned on the grounds of unconstitutionality.“This law strips the Institute for Access to Public Information (IAIP) of all the powers that are the very reason for its existence, namely, determining and justifying the classification of information of public interest,” Reporters Without Borders said. “These powers have been indiscriminately transferred to each state agency, which will be able to classify information as secret without having to account their decisions. We can only repeat IAIP president Doris Madrid’s objections. How much power will citizens now have for challenging the actions and decisions of public authorities? On the basis of what specific imperative will information be ‘restricted’ under the new law?“Even the way this parliamentary initiative was adopted raises questions. Dangerous in content and contrary to international law, including the Inter-American Convention on Human Rights, it is a political disaster coming as it does less than two months after the controversial general elections.”Submitted to the National Congress by Rodolfo Zelaya, a representative of conservative right National Party, and passed with virtually no debate, the law states:“Any information, documentation or material relating to the internal strategic framework of state agencies and whose revelation, if made publicly available, could produce undesirable institutional effects on the effective development of state policies or the normal functioning of public sector entities, is restricted. The power to impose this classification lies with the representative of each state entity.”Valid for five years, a “restricted” classification can be imposed unilaterally by both centralized and decentralized government entities. They also have the power to classify information as “confidential” for ten years in cases of “imminent risk or direct threat to public security and order.”A third “secret” classification for 15 years can be imposed by the National Defence and Security Council in such cases as possible threats to “constitutional order.” The Honduran president has the power to classify information as “ultrasecret” for 25 years in cases of “direct threat to territorial integrity and sovereignty.”Honduras is one of the hemisphere’s deadliest countries for journalists, with a total of 38 killed in the past decade, two thirds of them since the June 2009 coup d’état. RSF_en December 28, 2020 Find out more RSF begins research into mechanisms for protecting journalists in Latin America January 16, 2014 – Updated on January 20, 2016 Secrecy law deals major blow to public’s right to be informed Help by sharing this information to go further RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” News May 13, 2021 Find out more Follow the news on Honduras News 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies News April 27, 2021 Find out more Organisation Receive email alerts HondurasAmericas
Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Staff and management at Limerick firm H&MV EngineeringLIMERICK engineering firm H&MV has announced a major investment plan that will see it double its workforce with an additional 150 jobs coming on stream over the next five years.An Taoiseach, Leo Varadkar TD, was on hand at H&MV Engineering in Limerick this Friday to make the announcement as the firm celebrated 20 years in business,Employee numbers at the market leading high voltage specialist firm will increase to 300 over the next three to five years.Sign up for the weekly Limerick Post newsletter Sign Up In 2015, a management buyout led by PJ Flanagan CEO and John Stokes, Executive Director facilitated the retirement of the founding shareholder.The management buyout was supported by MML Growth Capital Partners Ireland Limited who became shareholders at that time.H&MV’s management team have grown the business significantly. Turnover in 2015 was €7m and is on target to reach €33M for 2018. The company provides its services to a diverse range of sectors including utilities, data centres, pharmaceuticals, renewables and food & beverages.PJ Flanagan, CEO of H&MV, who was the first electrical apprentice to be hired by the company 20 years ago, said: “The Company plans to increase the number of Electrical Apprentices, Electricians, Design Engineers, Graduates, Project Managers, Skilled Industry Specialists and Support Staff not alone in Ireland but at our international bases. Currently H&MV is working as the principal contractor for major turnkey projects in Europe and we are ambitiously expanding into new markets and territories. We have a presence in Ireland, UK, Norway, Sweden, The Netherlands and South Africa and plan to be operational in other countries in the near future. We firmly believe our success stems from the entire team at H&MV Engineering. Our core values are loyalty, integrity, commitment, working safely, teamwork and passion. It’s all about our people.”H&MV Executive Director, John Stokes said: “We have developed our own Training Centre here in Limerick and offer among other specialist courses, the only City & Guilds High Voltage Switching & Operations accredited course in the country. Our training facility enhances our ability to deliver our tailored Apprentice and Graduate Development Programmes. It provides our staff with the platform to develop their career and achieve promotion from within the organisation. This also provides our team with the skillset and knowledge to deliver our projects to the highest international quality and safety standards that exceed client expectations.”An Taoiseach Leo Varadkar said: “H&MV Engineering is one of the great success stories of the Mid West and I’m delighted to be here today as it announces it is doubling its workforce over the next 5 years, creating 150 high quality jobs at its facility here in Limerick. I would like to congratulate the management team for growing the company and its revenues significantly over the last few years. I’m really pleased to see H&MV expanding its footprint overseas, with further expansion planned in the years ahead.“Innovative, indigenous companies like H&MV are a driving force in the Irish economy. The Government has very ambitious plans for the Mid West region. I am committed to the construction of the M20 between Limerick and Cork. Limerick is doing well economically, but we want it to do better and want it to be a good place to work, study and live, competing with Dublin, Cork and Galway. To help this region to thrive we are going to continue to invest in infrastructure, including projects which will improve access to regional locations, and which will in turn be of benefit to companies like H&MV.”Commenting on H&MV Engineering’s announcement, an Enterprise Ireland backed company, Jerry Moloney, Enterprise Ireland Regional Director (South/ South East & Mid West Region said “As an Enterprise Ireland backed company, Enterprise Ireland has supported H&MV Engineering to enter new markets and achieve its international growth. H&MV Engineering is an exemplary example of an innovative Enterprise Ireland client company that is expanding internationally and creating employment domestically. Today’s announcement is a hugely positive development for the company and for employment in the Mid West.”See more Limerick news here Advertisement Twitter Facebook Limerick Ladies National Football League opener to be streamed live Previous articleLimerick TD advocates for May referendum on Eighth amendment.Next articleSupergroup West Coast Funk Busters to play Dolan’s Warehouse Staff Reporterhttp://www.limerickpost.ie WhatsApp Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash BusinessNewsLimerick firm H&MV to double workforce in jobs expansionBy Staff Reporter – January 19, 2018 6472 RELATED ARTICLESMORE FROM AUTHOR TAGSan TaoiseachH&MV EngineeringJohn StokesLeo VaradkarlimerickPJ Flanagan WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Email Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Print Limerick’s National Camogie League double header to be streamed live
CorporateNCLAT Sets Aside NCLT’s Order For Acquisition Of RICOH By Dharamshi- Jhunjhunwala Consortium [Read Order] Shruti Sareen11 Aug 2020 7:57 AMShare This – xThe National Company Law Appellate Tribunal (NCLAT) allowed the appeal filed by Kotak Investment Advisors Limited (KIAL) challenging an order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) which had approved the resolution plan submitted by a consortium of Kalpraj Dharamshi and Rekha Jhunjhunwala. KIAL was one of the bidders for Ricoh India Limited…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 Appellate Tribunal (NCLAT) allowed the appeal filed by Kotak Investment Advisors Limited (KIAL) challenging an order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) which had approved the resolution plan submitted by a consortium of Kalpraj Dharamshi and Rekha Jhunjhunwala. KIAL was one of the bidders for Ricoh India Limited (Ricoh). The Principal Bench headed by Justices Bansi Lal Bhat, Acting Chairperson, V.P.Singh, Member (Technical), Alok Srivastava Member (Technical) held – “In the circumstances as stated above, we are of the considered opinion that the Resolution Professional committed a grave error in accepting the Resolution Plan of the Resolution Applicant Kalpraj Dharmshi & Rekha Jhunjhunwala after the expiry of the deadline for submission of the Bid/Resolution Plan without notifying/publishing the extension of the timeline for submission of EOI, as per provision of the I&B Code and Regulations thereof. The Adjudicating Authority has also failed to appreciate the illegalities and irregularities pointed out by the Appellant.” The Appellants had contended that Mr. Krishna Chamadia, the Resolution Professional (RP) had unduly accepted two resolution plans that had been submitted after the expiry of deadline for submission of Resolution Plan, without obtaining any resolution from the Committee of Creditors (CoC) to extend the deadline and issuing notice for inviting expression of interest from other potential resolution applicants. The bids by other resolution applicants had already been opened and deliberated upon by the CoC and offers made by it were disclosed to all the participants, including the resolution professional. RP had committed illegalities in the conduct of the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC). The Appellate tribunal directed Ricoh’s CoC to take an afresh decision within 10 days on the resolution plans and further held – “If no decision is communicated to the Adjudicating Authority and the timeline for completion of CIRP has already expired, then the Adjudicating Authority is to pass an order for liquidation of the corporate debtor.” RP had argued that the correct procedure prescribed under the IBC was duly followed and the Dharamshi – Jhunjunwala consortium’s plan was approved by CoC with 85% of the votes in favour. Rejecting it’s claim, the Appellate Bench in its 43-page order asserted that the act of the RP to accept the resolution plan after opening the other bids could not by any means be justified and was a blatant misuse of the authority invested in the RP. The 3 member Bench questioning the RP’s conduct further held – “We fail to understand as to why the Resolution Professional had deviated from the earlier procedure of publication of notice for the invitation of EOI. Per contra, the Resolution Professional has accepted the Resolution Plan of the successful Resolution Applicant Kalpraj Dharamshi & Rekha Jhunjhunwala after the expiry of the deadline for submission of Resolution Plan without following the due process, under the guise of maximization of value. The act of the Resolution Professional to accept the Resolution Plan after opening the other bids, which were all submitted within the deadline for submission of Resolution Plan cannot be justified by any means and is a blatant misuse of the authority invested in the Resolution Professional to conduct CIRP. However, if the CoC took a commercial decision to extend the timeline, it should have done so by publishing a fresh notice in Form ‘G’ under Regulation 36A of the CIRP Regulations. By adopting a special procedure for accepting the Resolution Plan of the Successful Resolution Applicant, under the guise of maximization of value, the Resolution Professional and the CoC have deviated from the norms prescribed under the Code and the Regulations framed there under, which vitiates the Corporate Insolvency Resolution Process conducted by the RP.” The order of the Hon’ble NCLAT is a big blow on the nexus of resolution professionals and resolution applicants who want to exploit the provisions of the IBC for their vested personal benefits. Earlier in 2018, two resolution plans were filed in time by Phoenix Asset Reconstruction Company Limited (an Associate of KIAL) and Karvy Group, and both were opened by CoC on January 10, 2019. In addition, two more resolution plans were belatedly accepted after expiry of the deadline for submission from WeP Peripherals and consortium of Dharamshi. KIAL had further contended that only a single-member bench of the NCLT had heard the arguments and reserved its order on the resolution plan. However, the final order had been passed by a two-person bench, which was in violation of principles of natural justice. The salutary principle applicable in the instant case was that of the maxim, “one who hears the matter must decide”, the Appellate bench observed. Mr Ramji Srinivasan, Sr Advocate with Mr Suresh Dutt Dobhal, Mr Rishab Kapoor and Mr Shikhar Singh, Advocates appeared for Kotak Mr Krishnendu Datta, Mr Prateek Kumar, Ms Raveena Raj and Mr Rohit Ghosh, Advocates appeared for Kalpraj Dharamshi and Rekha JhunjhunwalaMs Pooja Mahajan and Ms Avni Shrivastav Advocates appeared for RPCompany Appeal (AT) (Insolvency) No. 344 – 345 of 2020Click Here To Download Order[Read Order] Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
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Fishermen and traders have stopped fishing in the waters along Senegal’s coasts and switched to other income generating activities.As Peninah Karibe reports, the switch is driven by the steady decline of fish stocks, after a decade of overfishing.