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Look at this forgotten investing strategy that could help boost my 2020 ISA returns!

first_imgLook at this forgotten investing strategy that could help boost my 2020 ISA returns! Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Jonathan Smith and The Motley Fool UK have no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jonathan Smith | Thursday, 27th February, 2020 center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. A lot of retail investors struggle to stick to an investment strategy for their ISA. Having a strategy is not just for large mutual fund managers – it will almost certainly help you to generate better returns.Now you may pursue a strategy regarding income, aiming to pick up dividends from the businesses you invest in. Or you may aim for pure share price appreciation, by buying low and selling high. Irrespective of aim, all investors want to try and minimise the risk they take and maximise the reward they receive while keeping the funds within the tax-free ISA wrapper.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…To that end, Professor Markowitz devised a modern portfolio theory known as the ‘efficient market frontier’, which everyday investors such as you and I can use in order to ensure that we have a sound strategy to boost our returns.What is the modern portfolio theory?In short, Markowitz argues that a line can be charted on a graph, showing expected return on one side and volatility on the other. We can think of the expected return as our reward as stock investors, and volatility as the risk. After all, few of us would argue that high volatility equals low risk – just take a look at Bitcoin as an example!Now if you want 0% volatility, or super low risk, then your line on the return axis will be around 1%. This would be like putting all your funds into a Cash ISA. On the other end of the line (known by academics as the market frontier) you could have 100% invested in stocks. While this would have earned you a return of around 12% last year (based on the FTSE 100), you would have taken on a lot more risk. The theory recommends that investors like you and me need to be somewhere on the line, on the efficient market frontier, in order to maximise our risk/reward. If you have a stock with a variance (a gauge of volatility) of 15%, but are only getting a 1% return over the past year, then the theory states this is not the best strategy. Why? Well you could simply put the funds into a Cash ISA and earn the same return but with almost no risk.How can I apply the investing strategy?Firstly, holding just a few stocks is not the best way to invest. You can reduce risk (volatility) by investing in the broader market and diversifying, something we bang on a lot about at the Motley Fool. By buying a mix of stocks from different sectors, industries and sizes, you can reduce firm-specific risk while not materially bringing down your reward (potential share price appreciation).Further, the efficient market frontier does not have to be a straight line. Thus, you can often achieve a much higher reward by taking on a little more risk at the low end of the graph. For example, you do not have to take on much more risk by trying to achieve a 2% return versus a 1% return. This is one reason why I prefer to invest in stocks versus leaving my funds in a Cash ISA. Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address See all posts by Jonathan Smithlast_img read more

Two cheap UK shares I’d buy now

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Jordan Simmons has no position in any share mentioned.  The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Jordan Simmons | Monday, 26th October, 2020 | More on: BDEV LLOY See all posts by Jordan Simmons I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Two cheap UK shares I’d buy now Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Currently, most UK-based shares are trading at a discount compared to 12 months ago; however, some shares are set to continue lower and others I think have bottomed out, with their current prices already factoring in the negative news of this year. Here are two cheap UK shares that I think possess excellent value and have an ability to stage a strong recovery.Barratt Developments (LSE: BDEV) is a UK-based housing developer that has seen its share price drop from a high of 889p in January to 533p per share as of today. During that period, housing developments and sales halted completely during the UK’s national lockdown, increasing market demand as buyers and sellers both waited to complete transactions. This was reflected in strong selling prices and sale completions from when lockdown restrictions were eased in June. Barratt benefited from this, announcing earlier this month an increase in completions of 24% for the period between July and October, compared to the same period last year. In September fellow Fool Peter Stephens also felt that Barratt shares were cheap then, and that was before the announcement of increased completions. I can only see Barratt’s share price continuing to grow long term as tailwinds such as the government’s Lifetime ISA scheme and the overall lack of affordable housing continue to create demand for Barratt’s products.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Financially, Barratt seems like a cheap UK share that I think is too good not to buy right now. It currently possesses a price to earnings (P/E) ratio of 13 and has a healthy balance sheet, carrying a debt to asset ratio of 0.3, meaning the company has low levels of debt and funds the majority of its operations from equity. Although the current dividend is suspended, if it returns early next year at the previous level, this would result in a prospective yield of 8.7%. If this happens (which I think is likely) I could well be grateful for buying the shares now, as often announcements of a dividend increase result in a positive jump in share prices. For all of these reasons, I think Barratt Developments is a cheap UK share that can only recover in price.Lloyds Banking Group (LSE: LLOY) is another cheap UK share that I think has been overlooked by investors. With a share price of 29p, it’s currently at one of the cheapest prices it has been in a decade, with 88p being the high in 2015. Not surprisingly, it also has a P/E ratio of just 8. A recent positive for Lloyds was that mortgage approvals reached a near 13-year high in August, although this could in part be attributed to built-up demand from lockdown. Even so, I believe Lloyds is in a strong position as the UK’s largest mortgage lender.One variable that could affect Lloyds’ share price would be if the Bank of England does decide to introduce negative interest rates in November. Even if it did, I still think Lloyds Banking Group is a cheap UK share I’d want in my portfolio, with an aim to keep long term.last_img read more

The Cineworld share price is down 85% this year! Here’s why it’s my contrarian pick

first_img Manika Premsingh | Saturday, 7th November, 2020 | More on: CINE Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! FTSE 250 cinema stock Cineworld (LSE: CINE) has had an awful 2020. The Cineworld share price is down by around 85% since last November. Entertainment venues have been hit by the double whammy of lockdowns and conservative consumer spending in these uncertain times. Yet, I don’t think it’s a stock to write off.For one, it looks ridiculously cheap now at sub-30p levels. The way I see it, there’s little to lose in buying this FTSE 250 stock at its current share price. Sure, it might stay at these rock-bottom levels for a while, but I think it will start inching back up. Here’s why.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Better times aheadI reckon that we’ll get some grip on coronavirus soon enough. City-wide Covid-19 testing has started in Liverpool, which returns results in 20 minutes. There’s even hope that AstraZeneca’s vaccine, currently in trial phase, can become available before the end of 2020. Even if that doesn’t happen, at the very least we can expect a vaccine sooner rather than later. Since Cineworld’s fortunes are directly linked to the lockdown, I’d expect its share price to start rising as the situation gets better.Next, the broader economic picture is slated to improve significantly in 2021. With an improving likelihood of resolving the Covid-19 crisis, I reckon that forecasts will stay optimistic. Cineworld is a classic cyclical stock, which means that it does better when the economy’s growing and vice-versa. As things get back on track, CINE can revive as well. I like that more than half its revenues are generated in the US, which is not just the largest global consumer market, but it’s also expected to show 3.1% growth next year. CINE’s rising debtHowever, the big danger to the Cineworld share price is liquidity. According to Fitch Ratings, it could run out of money before the end of the year. Based on this, it has also lowered the FTSE 250 cinema chain’s debt rating. It’s possible, of course, that the company may be able to manage securing more funding to keep going. There’s also the possibility of it becoming an acquisition target. In fact, speculation is already doing the rounds since a Chinese entrepreneur upped his stake in the business recently. But even if that were to happen, it’s unlikely that Cineworld will be valued as low as its current share price, especially given its past elevated levels.In sumI’m not saying that the Cineworld share price will bounce back to previous highs any time soon. In fact, that’s quite unlikely for now. It’s quite possible that it will start gaining ground, however, in the next few months. This can be as much in anticipation of improvement as on-the-ground increase in cinema activity. As an investor, I’m interested in how much my investments can grow. And the Cineworld share price seems to be poised for becoming a growth stock again. Risky, but growing. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Manika Premsingh owns shares of AstraZeneca. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The Cineworld share price is down 85% this year! Here’s why it’s my contrarian pick Simply click below to discover how you can take advantage of this. See all posts by Manika Premsinghlast_img read more

Sonny Bill Williams out for the season after innocuous looking injury in Rio

first_imgThursday Aug 11, 2016 Sonny Bill Williams out for the season after innocuous looking injury in Rio Sonny Bill Williams was injured in New Zealand’s disastrous match against Japan in Rio, suffereing a partially ruptured Achilles tendon, ending his Olympic 7s campaign as quickly as it started. Williams will miss the Rugby Championship season with the All Blacks too.However coach Steve Hansen says that they can now look at the postives.“He gets plenty of time for his body to recharge and probably hasn’t had a break for a long time,” Hansen said after the All Blacks arrived in Sydney for next Saturday’s Rugby Championship and Bledisloe Cup Test.“He’s been cross-coding in so many sports, he’s such a talented person. We’ll miss him, but at the same time it’s an opportunity for someone else.”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 RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe 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 InterestedOffensiveRepetitiveSubmitCancellast_img read more

Prazeres Building / Aurora Arquitectos

first_img Housing Year:  Architects: Aurora Arquitectos Area Area of this architecture project Portugal ArchDaily Prazeres Building / Aurora ArquitectosSave this projectSavePrazeres Building / Aurora Arquitectos “COPY” Save this picture!© Do mal o menos+ 56 Share Projects Area:  645 m² Year Completion year of this architecture project CopyHousing, Refurbishment•Lisbon, Portugal ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/806035/prazeres-building-aurora-arquitectos Clipboard CopyAbout this officeAurora ArquitectosOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingRefurbishmentLisbonPortugalPublished on March 05, 2017Cite: “Prazeres Building / Aurora Arquitectos” 05 Mar 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceCarpetsB&B ItaliaCarpet – TwistBeams / PillarsLunawoodThermowood Frames and BearersMembranesEffisusHow to use Fire Protection MembranesSoftware / CoursesSculptformSpecification Tool – Price and Spec AppFittingsHOPPEFloor Spring – AR2950DoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaWood Boards / HPL PanelsInvestwoodViroc Nature for False Ceilings and FlooringFiber Cements / CementsDuctal®Textured PanelAcousticConwedAcoustic Panels – Eurospan®More products »Save想阅读文章的中文版本吗?雷斯公寓 / Aurora Arquitectos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 Prazeres Building / Aurora Arquitectos 2016 Photographs:  do mal o menos Engineering:EdifitecaBuilding Supervision:GesconsultContractor:Map EngenhariaProject Team:Sérgio Antunes, Sofia Reis Couto, Rita Ferreira, Pedro França, Bruno Pereira, Tânia SousaCity:LisbonCountry:PortugalMore SpecsLess SpecsSave this picture!© Do mal o menosRecommended ProductsWindowsRodecaAluminium WindowsFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)WoodTechnowoodPergola SystemsWoodLunawoodThermowood FacadesText description provided by the architects. Can one house contain another two?There is a question that is repeated frequently when intervening in an apartment building. In order to have a garden, one needs to renounce the view. In turn, to have the view it means to choose one of the last floors, usually far from where the garden is.Save this picture!© Do mal o menosSave this picture!SectionSave this picture!© Do mal o menosIn this case, the client acquired a building to turn into his own house and intends to include two separate apartments for rent. The initial idea for the project came from the client himself who didn’t want to give anything up. The challenge would then be to combine the overall design of the apartments simultaneously with the desire to have a garden and a view in his home.Save this picture!© Do mal o menosThus, the solution was to put the social area of the house at ground level, where the garden is located, and the private areas on the top floor so it can enjoy the view. The private connection between the two floors is made by elevator, while the stairs are shared with the occupants of the middle floors.Save this picture!© Do mal o menosProject gallerySee allShow lessSOM’s Inclusive Riverfront Set to Revitalise DetroitArchitecture NewsYvonne Farrell and Shelley McNamara Awarded 2017 Thomas Jefferson Medals in Architec…Architecture NewsProject locationAddress:Lisbon, PortugalLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/806035/prazeres-building-aurora-arquitectos Clipboardlast_img read more

Opening CharityCard accounts online

Advertisement Howard Lake | 11 January 2000 | News 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 GoodJobs.org.uk. Researching massive growth in giving. Opening CharityCard accounts online AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  18 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Opening a CharityCard Account is now even easier and faster. Donors can set up an account in just 24 hours, selecting the type of account they want and their preferred method of payment, through the CharityCard Web site.Charity Web sites should encourage donors to open a CharityCard account, and link to the site. read more

Justgiving launches online vouchers for Christmas

first_imgJustgiving launches online vouchers for Christmas  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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 GoodJobs.org.uk. Researching massive growth in giving. When buying the voucher you first need to choose one of four Christmas e-cards. Then you simply decide how much to donate – Justgiving’s suggested amounts are £10, £25, £50, £100 and £250, but you can choose your own figure. You customise the subject line of the e-mail you wish to send to the recipient and include your name, to prevent the recipient mistaking it for unsolicited e-mail. You then round that off with a short message to the recipient.The recipient then gets to choose which charity to donate their gift to, selecting from over 400 UK charities arranged by category such as children, disability and social welfare. The redemption process takes seconds once you’ve selected the beneficiary charity, and you will receive an e-mail notification when the voucher has been redeemed, including a standard thank-you message from the beneficiary charity.This simple but effective service will require further promotion by participating charities. It would make a useful news item on their Web sites and on any e-mail newsletters they plan to send out in the run-up to Christmas. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Tagged with: Consulting & Agencies Digital Howard Lake | 20 November 2003 | News Online donation site Justgiving.com is offering an alternative Christmas present this year – tax-efficient vouchers to donate to charity.Gold, frankincense and myrrh are all very well but they’re not very tax-efficient. Justgiving.com’s new Christmas voucher service enables you to give the gift of a charity donation to a friend or family member, and make it go further using the Gift Aid. Just decide how much you wish to give, buy it online, and then the recipient receives an e-card with your message and the option to donate it to a charity of their choice. Even better, the donation can be tax-efficient if you complete the Gift Aid declaration when buying the gift.Tax-efficient charity vouchers are not new. Charities Aid Foundation was selling them around 10 years ago for donors who used their CAF Charity Account. Justgiving.com’s service however updates the concept and makes it available to anyone with a credit or debit card. Advertisementlast_img read more

Frugi seeks children’s charity partner for 2018-2020

first_img Melanie May | 13 March 2018 | News 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 www.thepurplepim.com. Organic and ethical children’s clothing brand Frugi is seeking its next charity to partner with under its Little Clothes BIG Change children’s charity partnership. Every year the brand donates 1% of its turnover to charity partners including a children’s charity chosen by customers. The brand has decided to support its next children’s charity for two years and is encouraging charities that make a difference to children’s lives to apply for funding.Since its 2004 launch, Frugi has donated over £428,000 to causes close to the brand and their customers hearts. In 2016/17 the Little Clothes BIG Change initiative raised £79,000 which was divided between three children’s charities: The Sick Children’s Trust to support its ‘Homes from Home’ project, Pump Aid to provide clean water and sanitation to childcare centres in Malawi, and Anna’s Hope, a children’s brain tumour charity.This year Frugi have been working with the charity Kicks Count on its ‘Finding A Rainbow’ project to raise awareness of baby movements in pregnancy, as well as an orphanage in Umbergaon India, which is working on a project to provide new and safe housing for up to 37 children.Helene Weston, Frugi’s Charity Coordinator said:“Donating 1% of our turnover every year is at the heart of the brand’s DNA. We are extremely proud of all the support we have provided to various charities over the years and want to encourage as many charities as possible to step forward and apply.”More information on how to apply and the application form itself are available on the Frugi site. The deadline for applications is 4 April at 11.45pm.  161 total views,  1 views today Frugi seeks children’s charity partner for 2018-2020 Tagged with: corporate Advertisement  162 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis73 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis73last_img read more

Suspension Of Insolvency Process : MP HC Seeks Centre’s Response On Plea Against IBC Ordinance

first_imgNews UpdatesSuspension Of Insolvency Process : MP HC Seeks Centre’s Response On Plea Against IBC Ordinance LIVELAW NEWS NETWORK2 July 2020 10:37 PMShare This – xThe High Court of Madhya Pradesh, Indore Bench, has sought the response of the Central Government to a petition challenging the recent Ordinance, which suspended the initiation of Corporate Insolvency Process with respect to defaults which have occurred after March 25, the declaration of country wide lockdown.The petition filed by Advocate V. N. Dubey, challenges the Insolvency and…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 High Court of Madhya Pradesh, Indore Bench, has sought the response of the Central Government to a petition challenging the recent Ordinance, which suspended the initiation of Corporate Insolvency Process with respect to defaults which have occurred after March 25, the declaration of country wide lockdown.The petition filed by Advocate V. N. Dubey, challenges the Insolvency and Bankruptcy Amendment (Ordinance) 2020 promulgated on June 5 which inserted Section 10A in the principal Act to shield companies from insolvency proceedings for six months.Section 10A provides a suspension on initiation of the Corporate Insolvency Resolution Process for any default arising on or after 25th March 2020, for period of six months or such further period not exceeding one year. The First Proviso to Section 10A, provides for a complete forever bar on initiation of CIRP in respect of the defaults that occur during the period 25.03.2020 to 25.09.2020 or 25.03.2021 (if extended by notification). The Proviso to Section 10A puts in force that, no application for initiation of CIRP under Insolvency and Bankruptcy Code, 2016 can be filed by any person for any default made during the said period. The petitioner claims that, this ordinance leaves a direct impression that, any debt which is supposed to be paid during this time period, if not honoured on due date, then no application for initiation of CIRP under Insolvency and Bankruptcy Code, 2016 can be taken any time in future and the same opens up the way for huge quantum of wilful defaults, brings in force a means of inequality and prejudice to the public at large. The petition also alleges the impugned law, to be directly obstructing the right to access to justice been conferred under Article 14 and 21 of the Indian Constitution. It has also been alleged to be violating right to business and profession conferred under Article 19(1)(g).”The Proviso to Section 10A of the Insolvency and Bankruptcy Code, 2016, opens up the way for huge quantum of wilful defaults, brings in force a means of inequality and prejudice to the public at large and if not brought down immediately is capable of diluting the object and purpose of the Insolvency and Bankruptcy Code, 2016, and directly violating the basic fundamental rights, constitutional rights and other legal rights of the public at large.”, the plea reads.On June 30, a bench comprising Justices S C Sharma and S K Awasthi granted six weeks time to the Assistant Solicitor General, Milind Phadke, to seek instructions from the Central Government.The matter will be next considered on August 27.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Have your say on varying rate of Donegal LPT

first_img Journey home will be easier – Paul Hegarty Google+ RELATED ARTICLESMORE FROM AUTHOR Arranmore progress and potential flagged as population grows Pinterest Google+ News, Sport and Obituaries on Monday May 24th WhatsApp Facebook Twitter Harps come back to win in Waterford Twittercenter_img Have your say on varying rate of Donegal LPT Facebook Homepage BannerNews Important message for people attending LUH’s INR clinic DL Debate – 24/05/21 WhatsApp Submissions are invited from members of the public on proposals to vary the basic rate of Local Property Tax in Donegal in 2019.Donegal County Council is keen to hear the views and opinions on any proposal to vary the rate of Local Property Tax and in particular, on the potential effects of this on households, individuals, businesses and indeed on Council services.Local Property Tax is an annual tax charged on all residential properties in Ireland and came into effect in 2013. In accordance with the Finance (Local Property Tax) Act 2012 as amended, local authorities may vary the basic rate of Local Property Tax within its own area by a maximum of 15%.This means that Donegal County Council can either increase or decrease the rate of Local Property Tax in Donegal in 2019 by a maximum of 15% of the 2018 rate.For example, if a house is valued at under €100,000, the Local Property Tax in 2018 would have been €90. If the Local Property Tax rate is increased by 15%, this house owner will pay €103.50 in 2019 and if the Local Property Tax rate is reduced by 15%, then this house owner will pay €76.50 in 2019.The money collected under the Local Property Tax contributes towards the cost of providing a range of local Council services including libraries, public lighting, road maintenance, housing services, fire services, dealing with illegal dumping and littering, community initiatives, beach management and tourism development initiatives.An adjustment in the rate of Local Property Tax will have an impact on the Councils capacity to deliver these services. For instance, if the rate is reduced and if funding is not available to replace this reduction, then the income available to the Council will be reduced which will in turn limit the range and extent of services and supports that can be provided in 2019.If the rate is increased then an increased level of income available to the Council will increase the capacity to deliver services and supports in 2019.Having considered a range of issues, the Council could also decide not to vary the rate and to the leave the rate the same as in 2018.Donegal County Council is keen to hear the views and opinions on any proposal to increase or decrease the rate of Local Property Tax in Donegal in 2019. In particular, the Council would like to find out more about the potential effects of varying the basic rate of Local Property Tax on households, on individuals, on businesses and indeed on Council services.Further information, including a list of frequently asked questions is available on www.donegalcoco.ie . By News Highland – July 11, 2018 Pinterest Previous articleOfficial Bus Stop for Buncrana Main Street a step closerNext articleDefender Borg signs up at Finn Park. News Highland last_img read more