Metal Fabricators of Zambia Plc. (ZAMEFA.zm) Q42020 Interim Report

first_imgMetal Fabricators of Zambia Plc. (ZAMEFA.zm) listed on the Lusaka Securities Exchange under the Engineering sector has released it’s 2020 interim results for the forth quarter.For more information about Metal Fabricators of Zambia Plc. (ZAMEFA.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Metal Fabricators of Zambia Plc. (ZAMEFA.zm) company page on AfricanFinancials.Document: Metal Fabricators of Zambia Plc. (ZAMEFA.zm)  2020 interim results for the forth quarter.Company ProfileMetal Fabricators of Zambia Plc (ZAMEFA) manufactures and markets copper rods and copper and aluminium electrical conductors in Zambia and for international export. ZAMEFA partners with CBI-Electrical Cable Group, CBI-Electrical Power Installations, CBI-Electrical African Cables and Tank Industries to sell its range of low- and medium-voltage power cables, general insulated wires, aluminium overhead conductors and copper conform products. The company also manufactures and markets telecommunication cables; this division operates as a subsidiary of Phelps Dodge Africa Cable Corporation. ZAMEFA is a subsidiary of Reunert Limited; a South African company that is a wholly-owned subsidiary of Reunert International Investments (Mauritius) Limited. The holding company has extensive interests in the fields of electrical engineering, information and communications technology, and applied electronics. Metal Fabricators of Zambia Plc is listed on the Lusaka Securities Exchangelast_img read more

Wycliff Palu crunching hit results in his own try

first_imgWednesday Apr 30, 2008 Wycliff Palu crunching hit results in his own try Big unit Wycliff Palu scored two great tries and put in a huge performance for his Waratahs in their convincing 25-10 win over the Sharks in Sydney on the weekend.For his first try Wallaby Palu made a huge hit on AJ Venter which jolted the ball free, resulting in the turnover for the Tahs which led to Palu himself finishing off the try after steamrolling over a few hapless Sharks defenders.“I was struggling to have a good hit the last couple of weeks so it was something I’ve been working on with Kissy (Waratahs defensive coach Les Kiss) to get in a good position to really ice somebody,” Palu said.“It was good, AJ just patted me on the back after so I don’t think I hurt him.” ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueey10 Types of Women You Should Never MarryNueeyThe 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 ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 1 DAY AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 16 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. ‘I’d pent-up frustration, a lot I probably didn’t realise’: Marcus Watson’s emotional Wasps return Set to turn 30 later this month, Marcus Watson had an early birthday present last weekend when he finally made it back into the Wasps XV. Gavin Coombes grabs four tries as Munster easy to victory over Zebre Gavin Coombes scored four tries at Zebre as Munster secured second place in the northern section of the Guinness PRO14 Rainbow Cup. Leinster finish with Rainbow flourish as fans attend RDS for first time in 16 months Retiring duo Scott Fardy and Michael Bent bowed out on a winning note as Leinster finished the Rainbow Cup with a victory over Dragons. Final round of the Gallagher Premiership hit by a second match cancellation The final round of the Premiership lost the Worcester-Gloucester match on Tuesday and now Bristol versus London Irish is off. Wycliff Palu crunching hit results in his own try | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

May is Bike Month in Pasadena, with a COVID-19 Twist

first_imgHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyGained Back All The Weight You Lost?HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeauty Make a comment Pasadena Complete Streets Coalition (CSC) has put together a series of safe bicycling activities to celebrate National Bike Month this May.With no large group rides being planned yet in Pasadena, the people at Complete Streets Coalition saw the need to organize some events just so they could encourage people to continue riding their bikes.Since the pandemic began last year, the number of bicycle riders in the city has grown significantly, the organization said.“We have rides to go see a Pasadena landmark or run an errand or get a coffee,” said Christy Moision, one of the organizers at Pasadena CSC. “We’re also promoting a Shop Local ride to help the local businesses. And there’s a couple of other things that are all on the website just to try to get people out and biking.”The bicycle challenges list on the website shows such events throughout May as Pasadena Landmark Ride, where participants can bicycle to a known Pasadena landmark, take a picture of the ride and post it on social media or send it to Pasadena CSC; Pasadena Errand Ride, where riders can bike to an errand that others would do by car; a Coffee Ride, where you can start the morning off right by going for a bike ride to get some coffee, tea, donuts, pan dulce or pastries; and a Public Art Ride, where you can ride out to any of the many public art sites in the City and take some pictures there.The Shop Local Ride is where you can go out and shop at a local business – Playhouse Village, South Lake Avenue, Old Pasadena, or anywhere else they are in Pasadena – to show them support even through the pandemic.“None of our rides are a group ride,” said Topher Mathers, another advocate at the Pasadena Complete Streets Coalition. “They’re still going with the virtual rides where everyone does the ride by themselves, takes a nice picture and then shares it with us. So we’re just not quite there yet.”There’s also a Pasadena Famous Film Locations Tour, where you can ride from Don Draper’s Long Island house to Beverly Hills without ever leaving Pasadena! Pasadena CSC has published a GPS guide for you to follow during this tour. Check it out on the group’s website.At the same time, you can also plan to go to a Bike In Movie, on May 22 at Day One, at 175 N. Euclid Ave. You will be asked to RSVP through www.bit.ly/dobikeinmovie.“It’s going to be socially distanced,” Mather said of the event. “So there’s a cap on (the number of people that) can participate. The movie is TBD, though hopefully they’ll pick something really great. But that’s something that we look forward to.”To make sure your bicycling event is properly recognized, be sure to tag your photos @pasadenacsc and @day1do and use #PasadenaBikeMonth when you are taking part in one of the challenges for a chance to win a prize.To learn more about the bicycling events for National Bike Month, visit www.pasadenacsc.org/pasadenabikemonth2021. Your email address will not be published. Required fields are marked * Community News Community News May is Bike Month in Pasadena, with a COVID-19 Twist By ANDY VITALICIO Published on Thursday, May 6, 2021 | 3:43 pm More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy STAFF REPORT First Heatwave Expected Next Week Top of the News center_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News 17 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  Community News Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Fannie Mae Gets Green Light on Third Front-End CIRT

first_imgSign up for DS News Daily Tagged with: CIRT Credit Insurance Risk Transfer Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Fannie Mae Gets Green Light on Third Front-End CIRT Related Articles The Best Markets For Residential Property Investors 2 days ago Previous: Military Family will Receive Free Home From Meritage Homes Next: Nation Takes Aim at Veteran Homelessness Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Fannie Mae Gets Green Light on Third Front-End CIRTcenter_img in Daily Dose, Featured, Headlines, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago CIRT Credit Insurance Risk Transfer 2017-05-26 Brianna Gilpin About Author: Brianna Gilpin Fannie Mae announced that it secured commitments for a front-end Credit Insurance Risk Transfer (CIRT) transaction. The risk transfer will have been committed prior to Fannie Mae’s acquisition of the covered loans, so the insurance coverage will be effective as soon as loans are acquired. This process is known as a “flow” basis. This will begin in the 2017 second-quarter deliveries and is expected to be filled over the course of nine months.Fannie Mae’s transaction will shift a portion of the credit risk on pools of single-family loans with a combined unpaid principal balance of about $5.2 billion to a group of reinsurers that are affiliates of mortgage insurers approved to write primary coverage on loans sold to Fannie Mae. The covered loan pool will consist of 30-year fixed-rate loans with loan-to-value (LTV) ratios greater than 80 percent and less than or equal to 97 percent. Primary mortgage insurance coverage will be applied to all loans covered by this new transaction and any credit losses not covered by the underlying primary mortgage insurance will be protected by CIRT.”Our three front-end CIRT transactions complement the coverage we acquire on a ‘bulk’ basis through Connecticut Avenue Securities (CAS) and our traditional CIRT, with coverage written by both diversified traditional reinsurers as well as mono-line affiliates of our approved mortgage insurers,” said Rob Schaefer, VP for Fannie Mae’s Credit Enhancement Strategy & Management.  “Our CIRT and CAS transactions cover loans with LTV ratios both above and below 80 percent. We are pleased with the robust interest this program is attracting. We remain committed to the transparency of these transactions, which support our goal to transfer credit risk away from taxpayers while providing us certainty of coverage.”The risk on the first 50 basis points of loss on an approximately $5.2 billion pool of loans will be retained by Fannie Mae. The participating mortgage insurance companies will cover the next 265 basis points of loss on the pool, up to a maximum coverage of approximately $138 million if this approximately $26 million retention layer is exhausted.Pricing for the new and past CIRT transactions can be found here Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe May 26, 2017 1,384 Views  Print This Post The Best Markets For Residential Property Investors 2 days agolast_img read more

‘A Lot Of Well Known Lawyers Had A Long Waiting Period; There Are No Shortcuts At All’ : Sr Adv Arvind Datar

first_imgTop Stories’A Lot Of Well Known Lawyers Had A Long Waiting Period; There Are No Shortcuts At All’ : Sr Adv Arvind Datar Radhika Roy3 Jun 2020 8:51 PMShare This – xSingle-minded focus is extremely important, he said.The Madras Tax Bar held a webinar wherein Senior Advocate Arvind P. Datar was invited to share his experiences on his lessons from 40 years of his professional journey comprising of successes and setbacks. Datar commenced the address by remarking that every setback had one silver lining. “I was looking back at my life, and I realized that every success was after a setback. So,…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 Madras Tax Bar held a webinar wherein Senior Advocate Arvind P. Datar was invited to share his experiences on his lessons from 40 years of his professional journey comprising of successes and setbacks. Datar commenced the address by remarking that every setback had one silver lining. “I was looking back at my life, and I realized that every success was after a setback. So, it was a cycle of successes and setbacks. Nobody has only successes and nobody has only setbacks.” He further commented on how there was a striking change in the way practice was conducted in the last 40 years, i.e. from 1980 to 2020. “When I joined the Bar, there was no concept of a computer. There was no question of any kind of mobile phone, technology, WhatsApp. And, today, it’s difficult to imagine how we conducted our practice without these.” Datar stated that the life of a lawyer was never really easy and that the term “briefless lawyer” was part of the daily lexicon. LIFE AS A LAW STUDENT AND AN ADVOCATE Due to strikes in the 1970s as a consequence of Indira Gandhi losing the election and the Emergency ending, the classes of Datar’s college, Dr. Ambedkar Government Law College in Chennai, were held intermittently. Datar took this as an opportunity to visit the Madras High Court. “The advantage of that was that I was able to see very many senior lawyers practice. That was a phenomenal learning experience. I remember listening to Seervai for half a day.” Datar continued, “One lesson that can be learnt here is that watch the greats arguing. I made it a point to listen to them, and I tried to observe what were the plus points and what were the minus points.” Therefore, the first lesson here is to keep observing people and be like a sponge in court as every day is learning experience. It is important to learn from the Seniors. For instance, Datar learnt from Sr. Adv. Soli Dastur was to never interrupt a judge. Datar, when not attending court proceedings, spent his time at the Connemara Public Library, where he read selections of legal biographies. “I got to read the biographies of great lawyers. There were biographies from England, from US, from India. India has so many interesting biographies. There is Roses in December, that’s just one book. I don’t know how many of you have read the autobiography of Justice KN Katju? It’s a slim volume packed with wisdom, worth its weight in gold.” Therefore, the second lesson is to “devour biographies” due to the amount of learnings that can be imparted through these. “This is not only for young lawyers, but for the seasoned ones as well. There’s a lot to learn from these biographies.” Datar wanted to pursue tax law, however, he had been advised to practice civil law before doing so. The example of renowned Senior Advocate and Indian parliamentarian, Ashoke Kumar Sen, was cited to showcase that he had also pursued civil law, before taking up any specialization. Accordingly, Datar also decided to practice one year of civil law, and then work for three years on the tax side, before going independent. LESSONS FROM A 40 YEAR PROFESSIONAL JOURNEY Datar then displayed a slideshow to impart lessons he had learnt during his professional journey to law students and junior advocates. He initiated the lesson by stating that the initial years of practice are very important. “If you are blessed with a good senior, good colleagues, that in itself is a great, great blessing. I had wonderful seniors and colleagues at the Bar. The sheer help and encouragement pushed me along the way.” In 1984, after four years of practice, Datar decided to go independent, and to his horror, he realized that no work was coming in. However, he made it a point to go to Court every day. “I was told to never sit at home. Whether you have work or not, go to Court every day. Go to the Court, walk around and go to the library.” Datar then started taking up civil cases and gave lectures to keep the money coming in. He remarked that he used to get Rs. 60 for rent control cases and Rs. 90 for appeals in those days. “Things often go wrong. I thought I would leave Ramamani’s office and do tax work. But, I had zero tax work coming in. And things just went on. But, my love was tax.” Datar had further set a target to write a nationally known book by his 30th birthday. He managed to do so by the age of 32. “You see we can’t advertise, we can’t solicit work. The only way to get known is to write. I would write articles, take part in seminars, but how to get to the next level? That was the problem. So, I said let me write a book on a national level. The book was meant to be a stepping stone to be get into practice and be more well known in the profession.” However, from 1984 to 1986, Datar’s writing efforts met numerous hurdles in the form of copyright problems, figuring out a topic to write on etc.; this was another setback. This setback was soon converted into a success with the advent of Excise Law. “Writing a book really, really helps a lawyer. The day my book came, my income went up by 4 times.” Datar explains the lesson behind the anecdote: “If I had not set the goal, I would have never written it. It was just a setback. Even if it gets delayed, there is no need to get disheartened. You’re on the track. If not now, tomorrow, it will come.” Quoting a couplet written by Constitutional scholar HM Seervai at the beginning of his book, Datar says, “For all sad words of tongue and pen, the saddest are ‘it might have been’.” With this, Datar begins the slideshow by stating that there are two versions of a person: Who you actually are, and who you are capable of being. “One thing you should sit down and think is what is the greatest potential that you have. Where can you go and what is the gap?” Therefore, one needs to first jot down where the person stands currently, and then jot down what the person wishes to achieve. “You’re at X, you want to be at Y. And by when; ‘when’ is the gap you have to fill. You should have a clear goal and a clear target.” Datar then refers to the 7 steps of goal setting, formed by Zig Zigler. This includes defining a goal, understanding the real purpose behind the goal, setting a deadline, identifying the skills/knowledge necessary to achieve the goal, then to identify the groups of people who would help you to achieve your goal, then to foresee the road blocks/obstacles that might hinder your path to your goal (a 360-degree SWAT analysis). The most important of all is the last step: the Plan of Action; the proper steps that need to be taken without faltering. Datar further clarified that goals could be extended to health, family and community. It was not necessary for the goals to be limited to one’s profession. He also encouraged the listeners to formulate “audacious/stretch goals”,i.e. those goals which would force one to venture out of their comfort zones. These could be further broken down into “sub goals”. “If you’re really passionate, if you’re mad about your goal, you can make it”. Post the setting of goals, Datar emphasizes on the habit of reviewing one’s performance on a daily basis. “There’s a Japanese word called ‘Hansei’. You need to spend 15 minutes in a day to review where did you go wrong, where can you improve. In management, there is P-D-C-A: Plan, Do, Check and Act. I have underlined ‘Execution’ here because this is where I fail. We just don’t implement what we want. One should also visualize their goal.” Datar then spoke about time management and referred to Peter Drucker’s Management Theory. He stated that it was important to track one’s time for a week in order to analyse what one was doing with their time. “I have done it and it was very embarrassing. It’s shocking, the amount of time one wastes their time. We don’t waste hours, we waste minutes and that ends up logging up to hours.” Datar suggested that one should employ working in time blocks, i.e. by setting a timer to work for 60 or 90 minutes at a time without any disruptions or distractions. He then underlined the concept of scheduling one’s day. “In the morning, list down three things that you have to do that day, no matter what happens. That’s priority A, B, C.” NO SHORT-CUTS Datar referred to the works of Stephen Covey and Malcolm Gladwell’s Outliers to emphasise the importance of the patience one requires to cultivate to achieve anything. “A lot of well-known lawyers had a long waiting period. So, do not be discouraged or disheartened. It is the general rule. MC Setalvad had no work for almost ten years, Chagla had no work for 8 years. There are no shortcuts at all.” MASTER OVER YOUR FIELD “You pick up one subject and become a master in it. You cannot be wandering generality as Zig Zigler says, you have to be specific.” SINGLE-MINDED FOCUS Datar brought up the age-old adage of how law is a jealous mistress. “I see people wanting to do different things. It does not work like that. If you want to get to the top, it has to be law and nothing else. Just keep one or two other social activities that you like, but I don’t think you can have a hectic social life and get anywhere at the top of the game. That’s my personal view. Single-minded focus is extremely important.” KEEP A NOTE BOOK Datar remarked about how he always kept a book with himself whenever he was in Court. If any case was mentioned in Court, he would make it a point to note it down and read it later in the evening. FUTURE LITIGATION LANDSCAPE Datar noted that in the 1950s, it was mainly zamindar litigation/land litigation. In 1960s-1970s, there was more of public law as writs started being filed. “The younger generation can figure out what is the future litigation landscape as we go into the digital world. We are going into an e-commerce world. This leads to so many opportunities. You need to see how civil litigation will be affected, how will tax be affected. We have to be ready for it and we have to start preparing ourselves.” THINGS WILL GO WRONG “We have Murphy’s Law. Things will always go wrong. Only thing is that you have to course correct.” NO COMPARISON “There should be no comparison. There is no point comparing yourself to X or Y. You will always feel disheartened; jealousy sets in, envy sets in. Rather, set bench marks. Learn what are the particular plus points of a role model and just try to improve yourself.” SUCCESS LEAVES CLUES Datar stated that a successful person always leaves clues as to how a goal has been achieved. He advised the listeners to emulate that formula. MAKE SURE YOU GIVE IT YOUR ALL “Make sure that you do everything humanly possible to achieve your goal. See if you have left any stone unturned”. IMPORTANCE OF THOUGHTS “You are what you think about all day. Thoughts are incredibly powerful. What you keep thinking turns into actions, actions turn into behavior and that behavior turns into your personality.” Datar concluded the session with a few random thoughts. He advised his listeners to never chase money and that it would follow as a result of one’s professional excellence. “Every day is a new beginning. We should strive to be the best version of ourselves and to reach our greatest potential.” On responding to a question seeking for advice for tax enthusiasts, Datar conveyed to the listeners that they should focus on digital taxation, cross-border taxation and e-commerce disputes. ASPECT OF COURT CRAFT Responding to question on the bearing of court craft and eloquence on a person’s success, which is a handicap for most lawyers, Datar remarked: “I think court craft is very, very important. Otherwise you could have just given your written submissions and the Judge could decide. What you say is at a lower percentage than how you say it.” Datar quoted Greek statesman Cicero and stated, “If truth was self-evident, then eloquence would be unnecessary.” ON THE YOUNGER GENERATION OF LAWYERS On being asked about his perception of the younger generation of lawyers, Datar stated that he coud say, without any fear or contradiction, that the younger generation was extremely bright. “The younger generation is far more intellectually capable than our generation. On the minor side, I feel that they are very much in a hurry. They want everything within two or three years. I keep telling them that it took me ten years to buy my second-hand car.” Datar further commented that he had noticed that everyone wanted to go abroad for an LL.M and/or straightway wanted to go to the Supreme Court. “I don’t see what is the logic. This is what is called ‘herd mentality’. So, please think whether it is worth it. The last thing is that everyone straightaway wants to go to the Supreme Court. I keep telling the younger generation that be patient.” Datar underlined the advantage of internet that is available to the younger generation. “They have the fantastic advantage of internet. They have the entire library of the world in their fingers. If we wanted to read something, we would have to take permission, go to the Judges’ Library. We had nothing; everything was hardcopy. They just need to be patient. Younger fellows are much, much brighter. I have no fear about the future of the profession.” ON HOW TO DEAL WITH JUDGES AND OPPOSING COUNSELS On being asked about how to deal with things when a judge is unable to under the legal nuances of a case, Datar noted that due to a lack of specialized judges, the situation could arise at times. He further noted that a lawyer’s job was to make the judge understand and there was nothing that could be done in these cases. One had to treat the incident as a learning experience and take it in their stride. “I personally take such situations as an opportunity to improve my advocacy skills. I have learnt to be patient, trying different approaches. I just enjoy going to Court. One thing I miss today is the sheer oxygen of just arguing in Court. It’s part of the game.” On an incident wherein a personal remark had been passed against Datar in open Court and his lack of a reaction to the same, Datar told the questioner to read MC Setalvad’s autobiography, “My Life: Law and other Things”. “I kept that in mind. I should never ever lose my temper at somebody. That makes my advocacy suffer. Secondly, I should not give importance to him. He’s saying something, he should not have made a personal remark. If he does not know legal etiquette, why should I get down to his level?” Datar additionally remarked on the importance of maintaining decorum while arguing in Court: “The Court is a temple of justice. You should never foul the atmosphere. When shouting happens, you lose the decorum and dignity. We are all Officers of the Court”. ON SPECIALISATION Datar stated that he had been telling all his interns to not go for specialization right after graduation. He emphasized that learning the basics of civil and criminal procedural laws would aid young lawyers more than any LL.M degree. “Looking back, if I lived my life again, I would do one year of Civil, one year of Criminal and then take up tax. That is one mistake I made, and this is something I learnt from Ashoke Sen’s life.” Datar also referred to a piece of advice that had been given to him by his senior, N. Natarajan on the importance of not losing one’s temper with a judge: “Remember, for you this is your bread and butter. For your client, it is his life.” On that note, the enlightening webinar concluded. Next Storylast_img read more

Use Of Pre-Printed & Fixed Forms To Record Patients’ Consent Amounts To ‘Unfair Trade Practice’ : NCDRC [Read Order]

first_imgNews UpdatesUse Of Pre-Printed & Fixed Forms To Record Patients’ Consent Amounts To ‘Unfair Trade Practice’ : NCDRC [Read Order] Viswajith Anand9 July 2020 2:49 AMShare This – xThe National Consumer Disputes Redressal Commission (NCDRC) has held that the use of fixed “informed consent cum undertaking” by the hospitals to record consent from the patients amounts to “unfair trade practice” within the meaning of Section 2(1)(r) of the Consumer Protection Act, 1986. The Commission asserted that the uniform use of the pre-printed and fixed informed consent cum undertaking…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 Consumer Disputes Redressal Commission (NCDRC) has held that the use of fixed “informed consent cum undertaking” by the hospitals to record consent from the patients amounts to “unfair trade practice” within the meaning of Section 2(1)(r) of the Consumer Protection Act, 1986. The Commission asserted that the uniform use of the pre-printed and fixed informed consent cum undertaking by the hospitals will help them gain an undue advantage and it is beyond doubt a practice of “administrative arbitrariness”.As the forms are pre-printed and fixed, with limited space for handwritten entries, they could be misused after the filling up of blank spaces, the Commission noted.The Commission stated : “We but note that a pre-printed and fixed ‘informed consent cum undertaking’ form, with blank spaces for limited select handwritten entries and for the signatures has been used. The main body of the form is pre- printed and fixed. It can fit into any procedure, any doctor, and any patient, after filling up the blank spaces for the limited select handwritten entries and getting / affixing the signatures. We note this to be administrative arbitrariness and one-sided high handedness, and to be unfair and deceptive, on the part of the opposite party no. 1 (hospital), for which, though, the complainant has not been prejudiced in this particular case “.The Commission made these observations while dismissing a complaint of medical negligence against R G Stone Urology and Leproscopy hospital, Delhi and its doctors, Dr. Anil Varshney.Though the allegations of medical negligence were rejected, the Commission observed that it cannot ignore the peculiarity of use of pre-printed forms for recording informed consent.”However, we cannot ignore the peculiarity of the ‘informed consent’ in the instant case which needs prompt and proper rectification. It is pertinent to note that it is a pre-printed form- ‘informed consent cum undertaking’ having blank spaces for limited selective handwritten entries and for the signatures. The main body of the form is fixed pre-printed.Such consent form fits into any procedure, any doctor, and any patient. Thus, it will take shape of informed consent if someone after filling up the blank spaces in handwriting and affixing the signatures of the patient and his sister as witness. This to be administrative arbitrariness and one-sided high handedness, and to be unfair and deceptive, on the part of the OP-1 (hospital); though the complainant has not been prejudiced in this particular case”.Determining the use of pre-printed consent form to be an “unfair trade practise”, the two member bench comprising Dr. S.M. Kantikar and Dinesh Singh imposed a cost of Rs 10 Lakhs on the Hospital and directed it to deposit the same in the Consumer Legal Aid Account of the Commission within four weeks.The hospital was also directed to discontinue its said unfair trade practice with immediate effect.Background The basis of the dispute was that, a patient of aged 65 years with some pain in the abdomen and related difficulties had rushed to a private hospital in Delhi and due to financial difficulties, later moved to the opposite party private hospital and underwent a surgery. The surgery caused some complications and the patient alleged the hospital and the doctor who treated him for medical negligence and approached the State Consumer Redressel Commission, Delhi. The State Commission had disposed the complaint on the ground of lack of pecuniary jurisdiction. On approaching the NCDRC, the national commission had found that the Consent obtained by the hospital was “informed consent”, since the hospital authorities had communicated to the patient and the patient himself is aware of his prior medical complications. And on the claim of Medical Negligence and deficiency in service the commission had also favoured the Hospital.Click here to download Order  Next Storylast_img read more

Strictly Adhere To Provision Of Juvenile Justice Act, Approach Juvenile’s Case With Care & Sensitivity: Meghalaya HC To JJ Boards

first_imgNews UpdatesStrictly Adhere To Provision Of Juvenile Justice Act, Approach Juvenile’s Case With Care & Sensitivity: Meghalaya HC To JJ Boards Sparsh Upadhyay17 Nov 2020 1:58 AMShare This – x”The Court deems it fit and proper to call upon all the Juvenile Justice Boards in the State to strictly adhere to the statutory provision of Section 12 of the JJ Act, 2015 while considering the issue of grant or refusal of bail for a CCL and to approach any case where a juvenile is involved with care and sensitivity”, observed the Meghalaya High Court on Thursday (12th November).The Bench…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?Login”The Court deems it fit and proper to call upon all the Juvenile Justice Boards in the State to strictly adhere to the statutory provision of Section 12 of the JJ Act, 2015 while considering the issue of grant or refusal of bail for a CCL and to approach any case where a juvenile is involved with care and sensitivity”, observed the Meghalaya High Court on Thursday (12th November).The Bench of Justice W. Diengdoh made the aforesaid observation while hearing a revision petition preferred under Section 102 of the Juvenile Justice (Care and Protection) Act, 2015, challenging the order passed by the Principal Magistrate, Juvenile Justice Board, Khliehriat in Khliehriat P.S Case No. 34(9) of 2020 under Section 376(1) IPC read with Section 3(j) (ii) 5, 6, of the POCSO Act, 2012.The Principal Magistrate, Juvenile Justice Board, Khliehriat had rejected the bail application filed under Section 12 of the JJ Act on behalf of the Child in Conflict with Law (CCL).Facts of the caseOn 27.08.2020, an intimation report was received by the Jowai Police from Norman Tunnel Hospital, Jowai stating that on examination of the alleged victim (said to be 16 years of age), it was discovered that the said victim was pregnant and on enquiry, it was told that she had a physical relationship with the CCL involved in the said case.Accordingly, a case was registered and the matter was forwarded to the learned Special Judge, POCSO Court, Khliehriat.The Special Judge (POCSO) on examination of the CCL and on perusal of the birth certificate came to a finding that he is a minor of about 17 years of age and accordingly, the case was transferred to the Juvenile Justice Board, Khliehriat who directed that the CCL be kept at the Observation Home (Boys), Shillong.The mother of the CCL, then, preferred a bail application under Section 12 of the JJ before the Principal Magistrate, JJB, Khliehriat on 28.09.2020.However, the Principal Magistrate rejected the said bail application mainly on the ground that at that juncture, the statement of the survivor was yet to be recorded under Section 164 Cr.P.C.Aggrieved with this order of the Principal Magistrate, the petitioner (uncle of the CCL) preferred a revision petition before the High Court challenging the same, inter alia on the ground that the Principal Magistrate, JJB made a serious error in passing the said order without taking into account the provision of Section 12(1) of JJ Act.Court’s ObservationsThe Court remarked that various provisions under the JJ Act show that while dealing with a CCL, the Juvenile Justice Board (JJB) “is called upon to be highly sensitive keeping the welfare of the child in uppermost concern.”The Court also opined that when called upon to apply the provision of Section 12 of the said JJ Act, regard has to be had to the welfare of the child (Juvenile) inasmuch as confining such child in custody in whatever form would not be beneficial to the overall development of the child’s personality.The Court also relied on the Apex Courts order In Re Contagion of Covid 19 Virus in Children Protection Homes, wherein vide order dated 03.04.2020, the Court had issued a slew of directions in respect of measures to be taken by the stakeholders as regards the welfare and safety of juveniles.One of such directions issued to the Juvenile Justice Board by the Apex Court was that the JJBs shall consider taking steps to release all children on bail who are alleged to be in conflict with law, residing in Observation Homes, JJB, “unless there are clear and valid reasons for the application of the proviso to Section 12 (1), JJ Act 2015, which should have been complied with by the learned Principal Magistrate.”Regarding the instant case, the Court said,”That the Principal Magistrate has refused bail to the CCL only on the ground that the statement under Section 164 Cr.P.C of the survivor has not been recorded. There is no observation or finding as regard the three conditions laid down in the proviso of Section 12 (1) of the JJ Act which will restrain the CCL as far as his custody is concerned.”[NOTE: The Three Conditions laid down in the Proviso to S. 12 (1) of JJ Act are that (a) the release of such juvenile is likely to bring him into association with any known criminal and (b) that if released he may be exposed to moral, physical or psychological danger or (c) that his release would defeat the ends of justice.]Further, the Court observed that the Magistrate violated the statutory provision present in the said Section 12 (1).In view of the above, the Court noted, “the impugned order cannot stand the scrutiny of law and is accordingly set aside.”Case title – Shri. Ngaitlang Suchiang v. State of Meghalaya & Anr. [Crl.Rev.P. No. 8 of 2020]Click Here To Download Order[Read Order]Next Storylast_img read more

Madras High Court Allows Subordinate Courts In Tamil Nadu, Puducherry To Function In Full Capacity With No Limitations/Restrictions From Feb 8

first_imgNews UpdatesMadras High Court Allows Subordinate Courts In Tamil Nadu, Puducherry To Function In Full Capacity With No Limitations/Restrictions From Feb 8 Sparsh Upadhyay1 Feb 2021 9:55 AMShare This – xThe Madras High Court, in an Official Memorandum issued on Monday (01st February), has allowed the Subordinate Courts (in the State of Tamil Nadu and UT of Puducherry) to work in full capacity (pre-COVID pandemic stage) w.e.f. 08.02.2021 without any restrictions/limitations in place. The Memorandum has been issued after assessing the prevailing situation of COVID-19 Pandemic in the…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 Madras High Court, in an Official Memorandum issued on Monday (01st February), has allowed the Subordinate Courts (in the State of Tamil Nadu and UT of Puducherry) to work in full capacity (pre-COVID pandemic stage) w.e.f. 08.02.2021 without any restrictions/limitations in place. The Memorandum has been issued after assessing the prevailing situation of COVID-19 Pandemic in the State of Tamil Nadu and Union Territory of Puducherry, and the present functioning of Subordinate Courts in the State of Tamil Nadu and Union Territory of Puducherry. The Memorandum states, “No limitations or restrictions are centrally imposed for functioning of the Subordinate Courts (in the State of Tamil Nadu and UT of Puducherry) in full capacity (pre-COVID pandemic stage) w.e.f. 08.02.2021” It further states, “It is open to the Principal District Judges to decide on the mode and manner of functioning, depending on the situation prevailing in their respective District, or even in a particular Taluk.” The Memorandum issued by the Registrar General of Madras High Court directs the Principal District Judges/District Judges in the State of Tamil Nadu and the Chief Judge, Puducherry to ensure better functioning of Subordinate Courts, without compromising on the COVID protocol. Standard Operating Procedures (SOP) [only indicative in nature] Under the SOP, it has been directed that before resuming physical functioning of Courts in full capacity (pre-COVID stage), entire Court halls. Chambers of Hon’ble Presiding Officers, entire Office space, Corridors. Advocates Chambers are to be thoroughly cleaned and sanitized by taking all requisite measures. The Local Administration has been requested to depute sufficient number of Paramedical staff for doing Thermal Screening of all Judicial Officers, Staff, Advocates and litigants, entering into the Court campus. Sanitization of corridors, office space, rest rooms, etc., has to be done at least twice a day, for which necessary arrangements have to be made. There shall be one or two entry for the Officers, staff and litigants, depending upon the local requirement. Everyone, who enters the Court campus must strictly follow the advisories and directives of the Central and State Governments as to maintaining hygiene, social-distancing and avoid overcrowding in the campus. Entry into the Court campus shall be permitted only after hand wash with liquid soap at the entry points, screening by thermal scanners and wearing of masks. Persons with symptoms of COVID-19 during thermal scanning shall be denied entry. Persons without mask shall be denied entry into the court campus. The Advocates, Litigants, Advocate Clerks shall be permitted entry to the Court campus/Court Halls only in the following manner: a. Only the Advocates whose names are found in the cause list and at the best one client per case, b. Parties who are summoned by the court / required to be present to adduce evidence / witness in a case, c. Registered Advocate Clerks are permitted for carrying heavy case files of the Advocates to whom they are attached. Over crowding of Advocates or parties in court halls, sections, corridors and in any common place is strictly prohibited. Principal District Judges and Chief Judicial Magistrates shall take necessary steps for smooth functioning of Courts through Physical hearing with an option of Video Conference by following SOP/guidelines issued by the Government of India and State Government. The Principal District Judges have been given the liberty to modify or relax any condition/impose any restriction depending upon the local requirements ‘subject to guidelines issued for prevention of COVID-19 by State and Central Governments. In related news, the Registrar General of Madras High Court last month released an Official Memorandum informing that the Administrative Committee of the Madras High Court has resolved that subordinate courts in Tamil Nadu can proceed with physical hearings from Monday (18th January, 2021). The Punjab & Haryana High Court recently asked the District & Sessions Judges in the State of Punjab, Haryana and U.T. Chandigarh to permit the physical hearing in all categories of cases subject to their own assessment of prevailing local conditions including the intensity of spread of COVID-19 Pandemic. Click Here To Download Official Memorandum Read Official MemorandumNext Storylast_img read more

Salvation Army kicks off sale

first_img Book Nook to reopen “We always need bell ringers and we encourage church, civic and school groups, as well as individuals, to volunteer for this most important fundraising campaign,” McLaney said. “We have six Red Kettle locations here in Pike County and we begin ringing after Thanksgiving. Since Thanksgiving comes late this year, we’ll have fewer days to ring and that could affect the amount of money that we raise.”McLaney said the Pike County Salvation Army’s plans for the 2013-2014 year also include its annual Empty Bowl fundraiser in the spring. McLaney said hopes are to have about 200 handmade bowls for the event, many of which will be made by local celebrities.“The Pike County Salvation Army Disaster Team has been certified and is ready to respond to emergency situations,” McLaney said. “Our team is qualified to respond o emergencies outside of our area if needed.”For more information about the Pike County Salvation Army or to volunteer, call 808-1069. Published 11:00 pm Tuesday, August 13, 2013 Plans underway for historic Pike County celebration You Might Like Nall awarded studio by principality of Monaco Troy native Nall Hollis has been awarded an artist studio by the Principality of Monaco. The studio was inaugurated on… read more Pike County Sheriff’s Office offering community child ID kits The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Salvation Army kicks off sale Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf 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 HealthGet 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 Troy falls to No. 13 Clemson Email the authorcenter_img Latest Stories From sales at its thrift store to plans for a camp stew fundraiser, the Salvation Army in Pike County is busy.Donna McLaney, Pike County Salvation Army advisory board chair, said the store – a primary fund-raising effort for the agency – is in the midst of a seasonal transition sale.In addition, “The Salvation Army Service Center also has a food bank and donations to the food bank are always needed and appreciated,” McLaney said. “Right now, the most pressing need is for powdered milk and grain products. Of course, we always need protein products, including peanut butter.” The Salvation Army’s annual camp stew fundraiser is set for Oct. 4, with pickup from noon until 6 p.m. at the Salvation Army Thrift Store.“Carter Sanders will prepare the camp stew and, everyone who has ever had his camp stew knows how good it is,” McLaney said. “The camp stew will be $10 a quart with all proceeds going to Pike County Salvation Army to assist people in need right here at home.”The Pike County Salvation Army advisory board is looking ahead to its largest annual fundraiser, the Red Kettle Campaign. Sponsored Content Skip By The Penny Hoarder Remember America’s heroes on Memorial Day Print Article By Jaine Treadwelllast_img read more

Scrapping non-doms could harm London’s housing market

first_imgHome » News » Housing Market » Scrapping non-doms could harm London’s housing market previous nextHousing MarketScrapping non-doms could harm London’s housing marketEd Miliband’s proposal to abolish the controversial non-dom tax could have an adverse impact on London’s housing market, claims estate agent.PROPERTYdrum14th April 20150645 Views Labour’s plans to close down what they call a loophole for the super-rich, by scrapping non-dom tax status in this country, would be a terrible mistake as it could have an adverse impact on the housing market in the capital, along with many other sectors, according to a leading estate agent.Nicholas Leeming (left), Chairman of national estate agents Jackson-Stops & Staff, which has 44 offices nationwide, believes that Labour Leader, Ed Miliband, is intent on “closing down London to international business” if he abolishes the non-dom tax status.Mr Leeming argues that Labour’s policy will effectively deter many wealthy foreigners from buying property in this country, particularly in the capital.He said, “The Labour party is out to target the wealth creators in this country and will effectively close down London to international businesses and investors if it continues to punish this sector. We have created a world-class city and we want to continue to encourage people to buy homes here and invest in the capital. The move to scrap the non-dom tax status will impact on every aspect of life in the capital – jobs, the property market, shops, restaurants and businesses. London needs to remain open for business.”Of the 116,000 people registered as non-domiciled individuals with HM Revenue and Customs, just 5,000 pay the annual levy that allows them to benefit from privileged non-dom tax status, and yet there are signs that Labour’s proposal is already starting to have a negative impact on the capital’s housing market.“Trevor Abrahmson of Glentree added, “Independent august financial institutions have estimated that the non-dom facility earns the UK about £2billion worth of revenue which is why Gordon Brown (our esteemed former labour Chancellor) and his successor Alistair Darling were very reluctant to abandon this rich source of benefit for the UK.”London-based estate agents Douglas & Gordon reports that a number of property deals in the capital have fallen through since Labour’s announcement regarding their plans for non-doms last week, while there has been a rise in valuation instructions from foreign homeowners in the city, suggesting that many are making tentative plans to flee the UK should Labour win the General Election on 7th May.Ed Mead (right), Executive Director of Douglas & Gordon, told the press, “These people [non-doms] spend a lot of money in the economy. I do very much fear for the top end of the market.“The London market is unique – it’s pulled from the top up. If you cut strings that are holding the market up, everything else falls down.”housing market non-dom tax status London housing market capital April 14, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more