Top StoriesFranklin Templeton: SEBI Appoints Observer On The Basis Of Supreme Court’s December 9 Order Sanya Talwar26 Dec 2020 8:47 AMShare This – xSecurities & Exchange Board of India has appointed an Observer regarding e-voting of unit holders of six schemes of Franklin Templeton Mutual Fund.This comes in light of an order passed by top court of December 9, 2020 whereby the top court had also directed that the result of the e-voting would not be announced and would be produced before the Hon’ble Supreme Court in a sealed…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?LoginSecurities & Exchange Board of India has appointed an Observer regarding e-voting of unit holders of six schemes of Franklin Templeton Mutual Fund.This comes in light of an order passed by top court of December 9, 2020 whereby the top court had also directed that the result of the e-voting would not be announced and would be produced before the Hon’ble Supreme Court in a sealed cover along with the report of the Observer appointed by the SEBI.The SEBI had been requested to appoint an observer for the purpose of the e-voting of unit holders, which is scheduled to take place between 26 and 28 December, in relation to the Franklin Templeton debt schemes that were wound up this year.Accordingly, SEBI has appointed Shri Taruvai Subayya Krishnamurthy, the former Chief Election Commissioner of India as the “Observer” on December 18, 2020. On December 25, Chennai Financial Markets & Accountability (CFMA), one of the petitioners at the forefront for the cause of Unit Holders in the Franklin Templeton Mutual Fund (FTMF) case of winding up of six of its schemes had moved an urgent interim application before the Supreme Court in light of order of the court dated 9th December being rendered non-est.It was contended by CFMA that though the aforesaid order was passed on the 9th of this month, there had been no “apparent” steps taken by SEBI to appoint an observer. “The voting is schedule to commence from tomorrow (26th December) and there is no update about who the Observer is, or his/her email id, contact information, etc.,” it said.The CFMA had stated that the conduct of SEBI in the FTMF case had remained “questionable” since the abrupt winding up of the six schemes in April 2020 by FTMF citing frivolous reason of COVID-19. “Hon’ble Karnataka High Court also observed that SEBI being the market regulator did not do enough to sustain the confidence of investors and that the investors would be “justified in their criticism that SEBI was a silent spectator”. Had it been any prudent regulator, it would have given the details of the observer well in advance for the unit holders to voice their grievances, if any. However, in the present case, SEBI has left the unit holders in lurch. FTMF choosing weekend for voting and SEBI remaining silent on the observer shows that the duo does not want to keep the voting process transparent and unbiased,” the petitioner stated.”What is the use to declare or put it in public domain today when the appointment was made on 18th Sept? The voting has already begun,” Manoj K. Sethi, President of CFMA told Live Law.Sethi also said that SEBI has been useless, vested, biased in the entire Franklin episode. “Everyday the point only becomes stronger,” he added.A bench of Justices Abdul Nazeer and Sanjiv Khanna is currently hearing the plea by Franklin Templeton Trustee Services Pvt Ltd challenging a Karnataka HC order which restrained winding up of six of its debt schemes without obtaining the consent of its investors by a simple majority. On December 3, the bench had allowed Franklin Templeton Trustees to call for a meeting of unit holders to seek their consent/approval.The top court had also hauled up SEBI adding that it had a lot to answer for and why did it not intervene when unit holders started seeking redemption, much like how RBI intervened in cases of banks, to protect depositors.The Karnataka High Court had also pulled up the Securities and Exchange Board of India (SEBI) for failing to act promptly to sustain the confidence of the investors.A division bench of Chief Justice AS Oka and Justice Ashok S Kinagi held a special sitting on Saturday, October 24 in order to pronounce the verdict in petitions challenging the winding up of six debt fund schemes of the Fund House.While the court said that it was not interfering with the decision to wind up the schemes, it said that FT has to take the consent of the unit holders before taking further steps on the basis of the decision.”The decision of the trustees to wind up the six schemes is not interfered by the court subject to it obtaining consent from the unit holders”, the court stated in the order.It was in April that Franklin Templeton announced its decision to wind up six debt funds citing low liquidity. Nearly three lakh investors are estimated to be affected by this decision.Next Story
1 It was Mauricio Pochettino’s 100th match in charge of the north Londoners Mauricio Pochettino insists he does not regret fielding a weakened team despite Borussia Dortmund thrashing Tottenham 3-0 in the Europa League last 16.Harry Kane was left on the bench at the Westfalenstadion as Pochettino played Nacer Chadli up front and Ryan Mason and Tom Carroll in midfield and handed 18-year-old Josh Onomah only his fourth start of the season.The decision to rest some of his top players, with Mousa Dembele also on the bench and Eric Dier left at home, backfired as Marco Reus’ double and Pierre-Emerick Aubameyang’s header all but ended Spurs’ hopes of progress.“No regrets,” Pochettino said.“I’m very disappointed with the result but we didn’t have a very good day. It was a bad day in the office.“When we analysed the squad and picked the starting eleven we tried to win the game. It started okay but it was a really bad day for us.”The defeat leaves Tottenham with a mountain to climb in the second leg at White Hart Lane but also means Pochettino’s men are now winless in three matches, following last week’s loss at West Ham and draw with Arsenal.A trip to bottom-of-the-table Aston Villa on Sunday offers the perfect chance to bounce back as Spurs look to resume a title challenge that has them sitting five points behind league leaders Leicester.“I am not worried, I know the circumstances,” Pochettino said.“We need to accept some periods during 10 months that we will have good and bad times. We have always had things good.“It has only been in the last few games not so much. The players are very sad but we have to take the positives.“We have a big challenge against Aston Villa on Sunday. We are in a very good position in the league and we will do our best.”Placed second in the table, Tottenham will hope to face similar opposition more regularly in the Champions League next season.But while similarities were drawn between the two sides’ style of play, league position and low-budget squads before kick-off, Dortmund demonstrated Spurs still have a way to go to compete with the European elite.“I think they had a good experience but we spoke yesterday and I told them that to play at the next level you compete with teams like Borussia Dortmund, which is a real test,” Pochettino said.“It was good for us to feel what a game in the Champions League feels like.“It was disappointing because the result was bad but to build a group for the next few years to compete at the level of Borussia Dortmund is very difficult.“We were disappointed but it was a very good test for us to compare the level.”READ: ‘Mauricio Pochettino has to take this one on the chin – he got it wrong’ – Tottenham fans on manager’s selection in Europa League defeat
Milford Scoil Mhuire 10k 2013Place Race No. Time FirstName Surname Category Club1 31 34.38 Paul Mc Glinchey SM Letterkenny A C 2 23 34.59 Ivan Toner SM Letterkenny A C3 102 35.49 Brian Crossan SM Letterkenny Kick Box4 48 35.57 Shane Stwart SM Individual5 51 36.32 Sean Mc Gettigan SM Finn Valley A C 6 90 36.49 Paul Toner M40 Letterkenny A C7 73 36.55 Liam Doherty SM Cranford A C8 24 37.23 Ciaran Toner SM Letterkenny A C9 74 37.24 Hugh Duffy SM Cranford A C10 53 37.42 Gerry Mc Monagle M50 Letterkenny A C 11 29 38.01 Darragh Mc Nulty M40 Foyle Valley12 18 38.02 Hugh Coll M40 Individual13 104 38.43 Raymond Birch SM Letterkenny A C14 91 38.50 joe English M50 Letterkenny A C 15 30 39.05 Kevin Connolly M40 Individual16 49 39.24 Kieran O ‘Donnell M40 Letterkenny A C17 38 39.47 John Doherty SM Individual18 100 39.53 Joe Hegarty M40 Finn Valley A C19 78 40.12 Raymond Mc Gahey M40 Individual20 130 40.14 Eddie Sweeney SM Letterkenny A C21 26 40.15 Damien Mc Bride SM Milford A C22 50 40.22 Paul Mc Monagle SM Letterkenny A C23 21 40.43 Michael Devenney M40 UnitedHealthGroup24 56 40.48 Dinny Doherty SM Cranford A C25 64 40.50 Colm Mc Taggart SM Individual26 67 41.30 Anthony Sweeney SM Letterkenny A C27 41 41.55 Paul Cosgrove M40 Letterkenny A C28 99 42.11 Peter Mc Ginley JM Individual29 71 42.40 Mervyn Mc Dowell SM Pulse Triathlon Club30 25 43.12 John Cannon M50 Tír Chonaill A C21 September Page 1 of 5Place Race No. Time FirstName Surname Category Club31 47 43.12 PJ Hagan SM Individual32 9 43.35 Peter Mc Cleary Boy Walker Individual33 115 43.40 Noel Lynch M40 Letterkenny A C34 55 43.41 Irene Mc Fadden SW Letterkenny A C35 42 43.46 Gerard Dorrian M40 Individual36 89 43.49 Darragh Kelly SM Individual37 112 43.50 Paul Lee M40 Letterkenny A C38 10 43.52 Mark Mc Cleary Boy Walker Individual39 77 44.29 Naoise Enright SM Letterkenny A C40 75 44.37 Phil Boyle M40 Letterkenny A C41 11 45.06 Patrick Mc Conigley JM Letterkenny A C42 35 45.09 Kenny Graham M40 Individual43 52 45.47 Clare Mc Elwaine SW Individual44 58 45.55 Aaonri Cheevers SM Letterkenny A C45 110 45.56 Daniel Cullen SM Letterkenny A C46 72 46.12 Hugh O’ Donnell M50 Individual47 44 46.16 James Doherty M60 Milford A C48 39 46.36 Garry Langan SM Individual49 88 46.47 Karl Crossan SM Individual50 101 46.54 AnnMarie Cannign SW Individual51 86 47.00 James Mc Bride M60 Individual52 54 47.12 Paddy Hegarty SM Individual53 106 47.54 Nancy Mc Namee W50 Finn Valley A C54 85 47.58 Gloria Donaghey W50 Finn Valley A C55 92 48.21 Ciaran Doherty SM UnitedHealthGroup56 5 48.44 Patricia Orsi W40 Milford A C57 6 48.44 James Gibbons M50 Milford A C58 43 48.48 John Pollock M50 Individual59 27 48.59 Charlie Crerand M40 Individual60 40 49.02 Pauline Sweeney SW Individual61 127 49.49 Stephen Roarty SM Individual62 66 49.54 Regina Gallagher SW Individual21 September Page 2 of 5Place Race No. Time FirstName Surname Category Club63 70 49.56 Lorraine Mc Daid SW Individual64 19 50.06 Imelda Gallagher SW Individual65 109 50.06 Laird Mc Kinley SM Individual66 20 50.07 Shamie Mc Dermott SM Individual67 83 50.41 Siobhan Mc Hugh W40 Individual68 1 50.50 Pat Mc Kenna W40 Letterkenny A C69 22 50.58 Marian Kerr SW Letterkenny A C70 69 51.06 Dessie Mc Laughlin M40 Individual71 129 51.29 Yvonne O’ Donnell SW Milford A C72 87 51.36 Caroline Mc Ateer W40 Individual73 126 52.29 Nigel Black M40 Individual74 28 52.48 Orla Cullen SW Milford A C75 65 53.26 James Mc Ginley SM Individual76 125 53.35 Martin Toye M40 Individual77 63 53.40 Liam Mc Laughlin M50 Individual78 80 53.51 Lisa Doherty SW Individual79 79 54.08 Liam Mc Laughlin M50 Individual80 81 54.29 Agnus Ryan SW Milford A C81 76 55.06 Gerard Mc Fadden M40 Individual82 84 55.15 Maureen Doherty W40 Rosses A.C.83 103 55.29 Ruth Mc Rudden W40 Letterkenny A C84 3 56.00 Jacqui Barrett SW Individual85 32 56.00 Rosemary Magee W40 Individual86 105 56.26 Norman Irwin SM Individual87 4 56.29 Declan Friel M40 Milford A C88 2 56.37 Lynette Morgan SW Milford A C89 8 56.38 John Ward SM Milford A C90 123 57.01 Eileen Toye SM Individual91 116 57.07 Patricia Nulty W40 Milford A C92 33 57.35 Paula Cullen SW Milford A C93 82 57.41 Mary T Gallagher SW Individual94 45 58.09 Denis Sheridan M50 Individual21 September Page 3 of 5Place Race No. Time FirstName Surname Category Club95 46 58.26 Tommy Noughtan SM Individual96 128 60.52 Michael Douglas M40 Individual97 7 62.23 Shaun Douglas SM Milford A C98 94 63.05 Karen Mc Ginley SW Individual99 93 65.32 Lorraine Logue SW Individual100 122 67.31 Noreen Fagan W40 Individual101 119 67.38 Julie Murphy W40 Individual102 57 67.42 Corina Flynn SW Castlefinn Running103 59 67.53 Mick Flynn SM Castlefinn Running104 121 68.11 Ann Quinn SW Individual105 60 74.24 Sharon Cannon Female Individual106 61 74.24 Sally Ann Boyce Female Individual107 98 74.45 Caroline Mc Groddy SW Individual108 96 74.45 Jacqueline Mc Groddy SW Individual109 107 77.27 Kathleen Mc Bride Female Individual110 108 77.27 Tommy Mc Bride Male Walker Individual111 114 77.27 Julie Mc Devitt Female Individual112 131 78.53 Claire Ward Walker Individual113 132 78.56 Jade Ward Walker Individual114 111 82.52 Saoirse Cullen Girl Walker Individual115 37 82.53 Megan Murray Girl Walker Individual116 13 83.10 Rose Coyle Female Individual117 15 83.10 Peggy Gallagher Female Individual118 118 83.20 Stephanie O’ Hara Female Individual119 14 88.44 Sandra Cullen Female Milford A C120 16 88.44 Mary O’ Donnell Female Milford A C121 17 88.44 Nancy Gallagher Female Milford A C122 34 90.04 Bernie Murray Female Individual123 113 92.30 Naomi Hunter Girl Walker Individual124 36 92.31 Molly Murray Female Individual125 62 92.32 Mary Durning Female IndividualTotal Runners: 125RESULTS FROM THE MILFORD SCOIL MHUIRE 10K was last modified: September 21st, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on 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I like to support local businesses. To that end, for the last 10 years I’ve used a local dry cleaner. They’re a very small shop, and they’re inexpensive. I used them because they’re local.A few months ago, this little local dry cleaner damaged a really nice shirt. The word “damage” doesn’t go far enough; it was ruined.They’re a small business, and accidents happen, so I didn’t say anything about the damaged shirt. But then they completely mangled two more shirts, both of which were kind of expensive. I didn’t want to hurt them because they’re a small business. So I didn’t ask them to replace the shirts. But I did decide to save the rest of my shirts and find another dry cleaner.I didn’t know another dry cleaner that picked up and delivered dry cleaning, so I went to a larger chain. This meant I had to drop off and pick up my own dry cleaning. It’s not the worst thing in the world, but when you’re busy it isn’t something that you want to do. (Okay, to me it’s own of the worst things in the world. I hate having to take it in and pick it up.)Timing Is Everything (Almost)A few weeks ago another local dry cleaner, left a card on my door comparing their pricing to the big chain I was now using, also pointing out that they pick up and deliver. To sign up, all I had to do was call the number, sign up for service, set up billing, and basically take 20 minutes to organize the relationship. So I never did it.Then a few weeks later this new local dry cleaner dropped off another card, but this time they included a very nice branded plastic bag in which I could drop my dry cleaning. All I needed to do was put my clothes in the bag, fill out the information tab on the bottom, and leave it on the front porch. They would take care of everything from there.Establishing a relationship with a dry cleaner isn’t really very complicated. But this new dry cleaner got my business because they made it easy for me to buy.It’s Not Always ComplexA lot of what we talk about here at The Sales Blog is about the complex sale. It’s about identifying dream clients, creating value, building consensus, and capturing some of the value that we create. But sometimes winning new business means being there at the right time (something you’ll never be if you don’t prospect and if you don’t persist) and being easy to do business with.Remove the obstacles to a “yes.” Make it easy to order. Make it easy to pay. Everything matters. Everything counts.QuestionsCan you remove the obstacles between your client and a “yes?”What do you do that makes it difficult to buy?What can you do to make it easier to buy?How can you remove the obstacles that prevent your client from saying yes to your offer? Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Now
A man was arrested for allegedly giving triple talaq to his wife in the Ramraj area here, police said on Wednesday. Tehzib pronounced talaq three times on his wife, Nusrat Jehan, and forced her to leave the house in Nizampur village, they said quoting a compliant filed by Jehan.The incident took place on June 11 and since then Jehan has been living with her parents, police said. The man has been booked under the Muslim Women (Protection of Rights on Marriage) Act, 2019, they said.
UNICEF Goodwill Ambassador Orlando Bloom has called for greater protection for tens of thousands of refugee and migrant children as they continue their journeys to seek safety in Europe.Orlando Bloom greets a child at the refugee and migrants reception centre near the town of Gevgelija, close to the border with Greece.Credit/Copyright: UNICEF/NYHQ2015-2523/Georgiev Orlando today met children during a visit to a refugee and migrant reception centre near Gevgelija in the former Yugoslav Republic of Macedonia, at the border with Greece. He listened to stories of their perilous journeys, their concerns and hopes for the future. Many of them have escaped violence in Syria, Afghanistan and Iraq. ”These children have travelled through one of the deadliest refugee and migrant routes in the world. I talked to children who endured terrifying journeys, often in extreme weather conditions and for many, walking in the only shoes and clothes they have. They are being shuttled from one authority to another, crossing numerous borders, uncertain of the risks ahead. If they arrive safely at their final destination, they still fear an uncertain future. We need to protect and support them,” Bloom said. Tarek, 17, from Syria was among the many children and young people Orlando met. He spoke about the terror of the boat trip from Turkey to Greece and about the pain of leaving his entire family in Damascus. Like many unaccompanied minors on the move in Europe, he is traveling with another Syrian family he met after saving their ten year old daughter Yaraman from drowning during the perilous journey. While Tarek praised the humanity of the support staff at the child friendly space to Bloom, he also expressed his deep distress and despair of not knowing what the future holds for him.“Europe is facing one of its greatest crises in recent times as people are fleeing the areas of conflicts which are left unresolved. We must provide services in countries where children are on the move, and in countries of origin and destination, for play, healthcare and protection. We must put children’s best interests at the heart of our action and ensure families are kept together throughout their journey. We cannot fail these children,” said Rajae Msefer Berrada, Deputy Representative for UNICEF in the former Yugoslav Republic of Macedonia.Earlier scenes of chaos at the border have now greatly improved. However, a large number of people, including children and women, are not being registered at the border. This raises concerns that those who need help may not have access to the services that they need. At the reception centre near Gevgelija, children now have access to a safe place to rest, play and receive food and water, warm clothes, sanitation and the hygiene and protection services that they need through UNICEF-supported services.Nearly 100,000 people – with one third women and children – have been registered at the border at Gevgelija since June this year. As the crisis continues to grow, UNICEF estimates that as many as 320,000 women and children fleeing to Europe could be in need to assistance over the next six months.
Following the April signing of the Paris Agreement, R20 (Regions of Climate Action) and the Leonardo DiCaprio Foundation announced the formation of a new partnership to accelerate climate change solutions.A new $650,000 grant from LDF allows R20 to identify and fund the best energy and infrastructure initiatives with the potential to create positive environmental and social benefits to communities across the globe.In 2010 former Governor Arnold Schwarzenegger and other global leaders in cooperation with the United Nations formed R20 — a coalition of partners led by regional governments that work to promote and implement projects to reduce energy consumption and greenhouse gas emissions while improving public health and local economies.Together, R20 and LDF are following the mission of the Cities Climate Finance Leadership Alliance (CCFLA) that was launched by UN Secretary-General Ban Ki-moon in 2014 to encourage investment in low-emission, climate resilient infrastructure in cities, and to close the investment gap in climate friendly projects in urban areas over 15 years. Under this framework, R20 will develop and construct these projects, as well as measure and report on their impact.“I commend LDF and R20 for supporting the goals of the CCFLA. Partnerships like this one strengthen the effort to unlock billions of dollars of private investment in projects that will urgently address climate change,” said Secretary-General Ban Ki-moon. “I thank them for their commitment to our environment, and to the future of humanity.”“The Paris Agreement was an important first step for reducing global carbon emissions, but there is more that must be done to accomplish this important goal. Our partnership with R20 is a signal that it is also the responsibility of private organizations to take up the charge of accelerating the adoption of climate-saving technologies, worldwide,” said Leonardo DiCaprio, Chairman of Leonardo DiCaprio Foundation. “We call on others to follow our lead because our planet is quickly running out of time.”“R20 and LDF share an unwavering commitment to taking bold action on climate change by supporting proven solutions that will impact real change for our planet,” said Christophe Nuttall, Executive Director of R20. “With the support of our partners at LDF, we will help set a model for CCFLA members, governments and organizations take action to develop their own climate solutions in all parts of the globe.”
After a phenomenal season for the Egyptian in Liverpool, Klopp recently claimed the fact that Salah won the PFA Player of the Year award is a nice boost for his career.Despite winning POTY, Klopp claimed Salah is well aware of the fact that the season is far from over yet as the first leg of their semi-final clash with Roma is on Tuesday.Salah has definitely put in effort, which eventually resulted in this award, as he has been able to score 41 goals in 46 appearances across all competitions this season.Report: Origi cause Klopp injury concerns George Patchias – September 14, 2019 Divock Origi injury in today’s game against Newcastle is a cause for concern for Jurgen Klopp.Perhaps with one eye on Tuesday’s trip to Italy…“I’m really happy for him,” Klopp said at a news conference. “He can be really proud of that. It’s a fantastic achievement. I think if all the other players vote for you, [then] that means the most to all players,” Klopp claimed, according to ESPN.“I didn’t speak to him after because he was obviously in London yesterday, but he will be back today and I can tell him what I want to tell him face to face.”“It’s great but he knows the season is not finished so far. [There are] a lot of things to come. I’m sure it’s a nice boost for him. I really have to say in a season like this when Kevin De Bruyne plays a season like he played, it makes it even more special,” Klopp went on to add.
The Monaco footballer believes the team needs to continue fighting hard to get as far from the relegation zone as possibleFor AS Monaco player Kamil Glik, this is a very important time to get out of the relegation zone in the French Ligue 1.“We won a very important match on the pitch of Amiens but we must continue. We always need points,” he told the club’s official website.“All matches are important especially in this context but it is true that the derby, we can be well prepared mentally. We miss winning at home. We will try to get it Friday.”Report: Courtois’s agent arrested in money laundering case George Patchias – September 11, 2019 Real Madrid’s Thibaut Courtois agent has been arrested as part of a money-laundering investigation.The ugly word corruption is again staining the world of football. In…“These are never easy matches, both teams give everything to win and there is a lot of commitment. I will try to recover well to prepare well for this meeting,” he added.“Benoît Badiashile has been with us for a short time, he is a boy who has a lot of talent. He had a very good match in Amiens, as did the whole team.”“We played well defensively. We must try to keep this balance. Everyone gave the effort, from the goalkeeper to the attackers. I hope we will continue in this direction,” he concluded.