Share on Facebook Tweet on Twitter You have entered an incorrect email address! Please enter your email address here 1 COMMENT UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Tenita That kind of surprised me, as I thought that was already required by the city. Florida gas prices jump 12 cents; most expensive since 2014 Save my name, email, and website in this browser for the next time I comment. The City of Apopka soon will require all non-profit organizations including churches, day cares and civic groups to undergo fire safety inspections for the buildings where they operate.The purpose is to ensure that these facilities include all standard safety measures to accommodate groups of people. It also will help the Apopka Fire Department to schedule regular inspections and to become more familiar with each facility in case of an emergency.The City of Apopka will issue notices explaining the requirement via direct mail, this news release, the city website and social media. Printed notifications also will be included in more than 22,000 city utility bills starting within a couple of weeks.In prior years, the city did not require non-profits to obtain business tax receipts in part because they do not pay the tax. All other businesses and organizations must complete business tax applications before operation.The Apopka Fire Department follows the list of registered businesses to conduct initial and semi-annual fire safety inspections. Therefore, many non-profits did not get building fire inspections until now.Apopka has between 100 to 150 non-profit organizations although not all of them operate like on-site businesses or hold group meetings within buildings. Non-profits will be required to submit for business licenses, but they will not have to pay the tax.The application will result in an initial inspection to ensure that building and fire codes are met within the structures. It also will place these facilities on a schedule for semi-annual inspections to ensure that occupants of the buildings are safe.Once registered, qualifying non-profits will be contacted by the fire department for an initial visit. In some likely cases, property owners will be required to make safety improvements like adding exit signs or fire extinguishers as required by state law. The City of Apopka will work in cooperation with the property owners, providing sufficient time to make the changes.For questions about non-profit business tax receipts and fire safety inspections, contact Assistant Fire Chief Brian Bowman at (407) 703-1754. June 23, 2016 at 5:18 pm Please enter your comment! Please enter your name here Reply LEAVE A REPLY Cancel reply Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom TAGSapopkafire department Previous articleTeachers Association makes endorsement in District 7Next articleReclaim Your Rest Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR
“COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/948418/the-fountain-villa-mjolk-architekti Clipboard Landscape Architecture Photographs: BoysPlayNice Manufacturers Brands with products used in this architecture project The Fountain Villa / Mjölk architekti Czech Republic 2020 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/948418/the-fountain-villa-mjolk-architekti Clipboard Manufacturers: AZ EKOTHERM, Egoé, Truhlářství Alois Šuhaj, VdesignDesign Team:Mjölk architektiCollaborators:Lukáš HolubConstruction Company:All Real Garden Architects:Atelier Partero City:PragueCountry:Czech RepublicMore SpecsLess SpecsSave this picture!© BoysPlayNiceRecommended ProductsWindowsAccoyaAccoya® Windows and DoorsWindowsAir-LuxSliding Window – CurvedMetallicsStudcoWall Stop Ends – EzyCapWindowsAir-LuxSliding Window – CurvedSmells are perceptions. If the smells are pleasant, we can call them scents. These perceptions can be acquired through olfactory receptors. Combining several specific scents creates the scent of a home. From an early age, Greta has associated the scent of a home with the scent of caramelised sugar and fruit juices which was permeated with the smell of freshly watered flowers in the conservatory, where fruit cakes were also served. Last but not least, the scent of home included the musty smell of old paper guide books from perhaps the whole world. These quietly laid in the library in the living room for decades as reminders of the journeys of young parents to states that no longer exist today.Save this picture!© BoysPlayNiceSave this picture!SituationSave this picture!© BoysPlayNiceKlára opened the window and let the morning breezy air into the bedroom. She gets up like this every morning and she enjoys their house, which is no longer newly renovated. Today is Greta’s twentieth birthday. Peter went to pick up some flowers and he’s heading to the airport, Klára has to quickly bake a blueberry pie which Greta likes so much. The kitchen smelled of leavened dough with crumbs and sweet puffs were … from the open oven. Greta is on her way from Vienna, where she’s studying at the university. The gate has been unlocked and that means the two had arrived from the airport. “Kilian, get down, your sister is here!” Klára shouts at the teenager and rushes through the door. Before she enters the hallway, she realises that Greta took the other way around the fountain to surprise her mother. The suitcases slam against the pavement in the conservatory and Greta says, “Uh, finally home.”Save this picture!© BoysPlayNicePetr looked at a gentleman whose appearance and behaviour resembled someone from Kludský or Berousek family. A well-built guy with a casually unbuttoned shirt and hairy chest was to become their partner for the reconstruction. This guy’s vocabulary could easily assure someone that the reconstruction would be a piece of cake, but Petr didn’t feel that way. The strange shivers going down his spine indicated that this reconstruction would have a story.Save this picture!© BoysPlayNiceSave this picture!© BoysPlayNicePavel arrived on time for this meeting. His used Škoda Superb masterfully swept a few holes as he passed the broken road in Prague 5 and announced to passers-by that he had traveled across Europe to sunny Croatia a few times. All for that the crew got some tan and had the curled hair on their chests lighten under the Mediterranean sun. However, being on time to meet new clients is the essential thing, so the car jumps over a few more road craters and stops at the place where the meeting was arranged. The informal environment with the odour of the cigarette past and the sour beer presence will be a good test of the courage of the people who decided to build a house with him.Kilian ran down and he stopped in the conservatory and watched the sun dancing on the surface of the fountain throwing dozens of golden pigs to the ceiling. Once again, the hot summer typical for Husinec was burning lawns and helping local gardeners to produce the sweetest strawberries far and wide. My sister will wait, smiled, swung over the ladder and jumped into ice-cold water. Mom just raised an eyebrow and started slicing the cake.Save this picture!© BoysPlayNice”Hello, Jakub and Honza. Thank you for coming to us from Liberec, it was nice to meet you in person. As promised, we are sending the plans and a short summary of your situation.” was written in the e-mail. But I’m not Jakub, Lukáš complained and started reading the confused introduction of the message once again It was half-past four in the afternoon, the sun was shining through grey curtains and uncompromisingly drying all the faded flies that had reached the hell between the window and the curtain. The air conditioning was buzzing, and the studio was full of the typical smell of coffee, mixed with the smell of cigarettes and air conditioning. If someone ever wanted to make Mjölk perfume, the body would consist of these ingredients.Save this picture!© BoysPlayNiceThe villa with a fountain is a renovated weekend house from the era of the First Republic. When we first saw it, it didn’t look like it does today. It was burdened with deposits that had stuck to it over the years, and its First Republic spark was long gone. Today, the villa shines again. Robust pines stretch over its roof and silver flags of light bounce off the water’s surface into the conservatory. From a distance you can hear a train passing by and from here and there, you can smell the river which flows in the valley near the house.Save this picture!© BoysPlayNiceProject gallerySee allShow lessThe Pink Zebra Restaurant / Renesa Architecture Design Interiors StudioSelected ProjectsLaka Perspectives Webinar with Paul Bart and Marvin BratkeSeminar Share Area: 260 m² Year Completion year of this architecture project CopyAbout this officeMjölk architektiOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsLandscape ArchitectureResidential ArchitectureHousesInterior DesignResidential InteriorsHouse InteriorsOn FacebookPragueCzech RepublicPublished on September 27, 2020Cite: “The Fountain Villa / Mjölk architekti” 27 Sep 2020. ArchDaily. Accessed 10 Jun 2021.
BeCogent handles £45,000 in Sport Relief phone pledges 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. beCogent, one of the UK’s leading providers of outsourced contact centre services, has taken over GBP 45,000 in pledges for this year’s Sport Relief fundraising initiative.At two of the company’s contact centre sites in Airdrie and Erskine, the Managing Director, Chairman and management team helped agents man the phones to take over 1,300 pledges from the public, while 12 agents ran the Sport Relief Mile around the call centre grounds.In addition, beCogent agents organised a number of amusing fundraising events such as’beat the goalie’, skittles and limbo, as well as a raffle. Two male employees had their chest and legs waxed – which alone raised over £200! All donations to Sport Relief go to help vulnerable people living tough lives in the UK and in the poorest countries of the world. When Sport Relief was last held in 2004 it raised £16 million and it aims to raise a record amount for 2006. Advertisement 102 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Events Howard Lake | 27 July 2006 | News 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. A new beer has been created to help raise funds following the damage caused by fire on 30 July to Eastbourne’s Pier.The Longman Brewery will donate all profits from the sale of Craft Pier, to the Eastbourne Pier Benevolent Fund, which was established to support businesses that have been affected by the blaze. The brewery will donate up to £10,000. It is working in partnership with Eastbourne’s Curious Beer Club.The brewery is based in Litlington, just outside Eastbourne, which is where the company’s senior managers grew up.Craft Pier is in fact a variation on the brewery’s flagship Long Blonde beer, to which they have added a few extra ingredients including Phoenix Hops.The fundraising campaign is also being assisted by local drinks distributor H. T. White, which is helping to ensure the beer reaches a wide audience.Jamie Simm, head brewer at the Long Man Brewery, said:“Everyone connected to Eastbourne felt the pain of seeing a fundamental part of our heritage go up in smoke. The Curious Beer Club came to us with an idea and we immediately wanted to help.” 55 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 29 August 2014 | News Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: alcohol corporate Beer created to raise funds for Eastbourne pier fund
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Localgiving to run £5 match fund campaign 40 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Online giving service Localgiving will run another match fund campaign starting at the end of this month, enabling smaller and local charities across the UK to double the value of some of their donations.The #GiveMe5 campaign will double 1,000 £5 donations made during a 24 hour period. There will be two campaigns, one on Wednesday 28 January and the second on Wednesday 25 February 2015.The new match fund campaign follows the success of Localgiving’s one-day Triple Tenner Tuesday campaign with which they marked the UK’s first Giving Tuesday. On 2 December 2014 583 groups raised £75,736 in just 24 hours, with donations of £10 being trebled in value.How to get involved in #GiveMe5If your local charity would like to get involved in the #GiveMe5 campaign and other match fund initiatives then it needs to register for Localgiving membership.To be clear, each £5 donation made to a charity during the two one-day campaigns will be placed into a draw to be doubled with an extra £5 of match funding.Donations of other amounts will not be eligible for match funding, but of course will be received by the recipient charity.So, there is no guarantee that a £5 donation during the campaign will be doubled. But you can boost your chances of receiving a doubled donation by – you guessed it – asking more of your donors to give £5 and inviting them to give more than one £5 donation. Localgiving’s terms say that donors may make as many £5 donations during the promotion as they wish.Even better – “there is no limit to the amount of match funding any single group may receive”. Howard Lake | 10 January 2015 | News Tagged with: Digital Localgiving matched giving Advertisement 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.
85 million people in the Commonwealth today are blind or have very poor vision. Globally, 2.5 billion people lack access to glasses, 1.1 billion of whom need glasses to improve their near vision. As the world’s population grows and ages, these numbers are set to grow significantly.Dr Astrid Bonfield CBE, Chief Executive of The Queen Elizabeth Diamond Jubilee Trust, said of the Vision Catalyst Fund: “I am delighted that a diverse range of partners are coming together to help develop and progress this exciting and ambitious initiative with the potential to create new approaches to funding eye health.“We have a big job ahead of us to shape the Fund, attract investors and ensure collaboration with governments to meet the needs of millions of people yet to be reached. But we have the solutions for universal eye health. We know they work. We now have an historic opportunity to work in partnership and create a fund that can bring sight to entire populations across the Commonwealth and the world.”The news of the $ 1 billion Vision Catalyst Fund comes ahead of the Commonwealth Heads of Government meeting in London and Windsor in April. The Queen Elizabeth Diamond Jubilee Trust is working with other leading eye health agencies under the “Vision for the Commonwealth” banner to call on Commonwealth leaders to bring vision to everyone, everywhere and for each country to commit to taking one significant action by 2020 towards that goal. Other partners involved include Standard Chartered’s Seeing is Believing programme, UBS Philanthropy Services UK, opthalmic optics specialists Essilor International, Peek Vison, Sightsavers, the Fred Hollows Foundation and the International Agency for the Prevention of Blindness. Tagged with: Funding The Queen Elizabeth Diamond Jubilee Trust has begun work on a global fund worth $1 billion to “bring eye care to all people in the Commonwealth and around the world”.The $1bn Vision Catalyst Fund will be developed over the next two years with civil society, public and private sector organisations with expertise in eye health. It will seek to accelerate systems change and expand universal eye health services led by governments, to provide sustainable and efficient long term solutions for eye health to entire populations in Commonwealth countries and across the globe.Philanthropist James Chen, Founder of Clearly, has committed $10 million to the fund. He said he was delighted to be its first funder. He commented: “The issue of poor vision is unique in terms of the number of people affected, the simplicity of the solution which in most cases is a pair of glasses, and high returns for both improving people’s lives and the local economy. I am prepared to meet anyone who is interested in matching my contribution and discuss why this issue can no longer be forgotten.”The Queen Elizabeth Diamond Jubilee Trust was established in 2012 by Commonwealth Heads of Government to mark and celebrate Her Majesty The Queen’s 60-year contribution to the Commonwealth. Its programmes work towards ending avoidable blindness and to empower a new generation of young leaders. 216 total views, 4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis41 Advertisement Howard Lake | 12 March 2018 | News Read Clearly by James ChenGlobal eye care campaign offers £250k seed funding for the best ideas (6 April 2016) $1 billion Vision Catalyst Fund created to bring eye care to all AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis41 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. 215 total views, 3 views today
Evgeny Lebedev, owner of the Evening Standard and the Independent, explained: “It is a shocking fact that one in six children live in war zones… We will work to ensure access to meaningful education and mental health services. Together, we will show these children that they have not been forgotten.”Fundraising concertsThe campaign will culminate in three nights of live music concerts at O2 Shepherd’s Bush Empire to highlight the campaign’s key messages and raise funds for War Child.Vanessa KirbyActor Vanessa Kirby has also joined the charity as Global Ambassador and is already promoting the Learn to Live campaign. 127 total views, 1 views today Tagged with: corporate Marketing newspaper War Child campaign to receive support from two newspapers AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 Children’s charity War Child will this Autumn benefit from a social awareness campaign by the Evening Standard and Independent newspapers. The ‘Learn to Live’ campaign is aiming to raise awareness of the importance of education and mental health provisions for children affected by conflict.The campaign will twin schools in London with children in war zones across the world, with the aim of promoting empathy, understanding and support, “so that students can learn, share and advocate for change together”.War Child works with children in war zones and is raising awareness of the need for mental health provision for children to be able to live and learn for a better future. Sam Smith donates his birthday to War Child through Facebook (5 May 2018)War Child to create fastest charity album (12 August 2005)War Child to benefit from digital game compilation (8 September 2015) 128 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 Rob Williams OBE, War Child UK’s CEO, said: “Children’s rights and voices are at the heart of our mission and we think that working with school children and giving them the chance to learn from each other is a brilliant way for children’s voices – so often absent from the news – to be heard and shared.” Howard Lake | 7 September 2018 | 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.
NCLT Has Jurisdiction To Adjudicate Contractual Disputes Which Arise Solely From Or Which Relate To Corporate Debtor’s Insolvency: Supreme Court
Top StoriesNCLT Has Jurisdiction To Adjudicate Contractual Disputes Which Arise Solely From Or Which Relate To Corporate Debtor’s Insolvency: Supreme Court LIVELAW NEWS NETWORK8 March 2021 1:46 AMShare This – xThe Supreme Court observed that the National Company Law Tribunal has jurisdiction to adjudicate contractual disputes, which arise solely from or which relate to the insolvency of the Corporate Debtor.However, for adjudication of disputes that arise dehors the insolvency of the Corporate Debtor, the RP must approach the relevant competent authority, the bench comprising Justices DY…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 Supreme Court observed that the National Company Law Tribunal has jurisdiction to adjudicate contractual disputes, which arise solely from or which relate to the insolvency of the Corporate Debtor.However, for adjudication of disputes that arise dehors the insolvency of the Corporate Debtor, the RP must approach the relevant competent authority, the bench comprising Justices DY Chandrachud and Justice MR Shah observed while upholding the order of the National Company Law Tribunal which stayed the termination by the Gujarat Urja Vikas Nigam Limited of its Power Purchase Agreement with Astonfield Solar (Gujarat) Private Limited. In this case, PPA was signed on 30 April 2010, in accordance with which the Nigam has to purchase all the power generated by the Corporate Debtor. On 20 November 2018, the NCLT admitted a petition filed by the Corporate Debtor under Section 10 of the IBC and commenced the Corporate Insolvency Resolution Process. In May 2019, the Nigam issued termination notices in which it stated thus : Under Article 9.2.1(e) of the PPA, the Corporate Debtor undergoing CIRP under the IBC amounts to an ‘event of default’ (b) under Article 9.2.1(a) of the PPA, there was a default in the operation and maintenance of the Plant. Rejecting the reply issued by the Corporate Debtor, the Nigam stated that they will terminate the PPA under Articles 9.2.1(e) and 9.3.1 since the Corporate Debtor is under CIRP. Thereafter, the Corporate Debtor filed applications under Section 60(5) of the IBC before the NCLT in regard to the Notices issued by the appellant to the Corporate Debtor, and sought an injunction restraining the Nigam from terminating the PPA. On 29 August 2019, the NCLT issued its final order restraining Nigam from terminating the PPA and setting aside the First Notice. In appeal before the Apex Court, Whether the NCLT/NCLAT can exercise jurisdiction under the IBC over disputes arising from contracts such as the PPA?According to Nigam, the NCLT does not have any inherent powers, and its exercise of jurisdiction is circumscribed by the provisions of the IBC and thus it does not have the jurisdiction to entertain all disputes or all issues related to the Corporate Debtor. On the other hand, the contention of the corporate debtor was that, while the NCLT may not have jurisdiction to adjudicate upon contractual disputes that arise independent of the insolvency of the Corporate Debtor, it has the sole jurisdiction to decide a dispute that arises from or relates to the insolvency of the Corporate Debtor or where the property of the Corporate Debtor (in this case its rights under the PPA) is sought to be taken away on the ground of insolvency.The court noted that in the present case, the PPA was terminated solely on the ground of insolvency, since the event of default contemplated under Article 9.2.1(e) was the commencement of insolvency proceedings against the Corporate Debtor. “In the absence of the insolvency of the Corporate Debtor, there would be no ground to terminate the PPA. The termination is not on a ground independent of the insolvency. The present dispute solely arises out of and relates to the insolvency of the Corporate Debtor”, the court observed. Referring to various provisions and precedents, the bench observed thus:”The institutional framework under the IBC contemplated the establishment of a single forum to deal with matters of insolvency, which were distributed earlier across multiple fora. In the absence of a court exercising exclusive jurisdiction over matters relating to insolvency, the corporate debtor would have to file and/or defend multiple proceedings in different fora. These proceedings may cause undue delay in the insolvency resolution process due to multiple proceedings in trial courts and courts of appeal. A delay in completion of the insolvency proceedings would diminish the value of the debtor’s assets and hamper the PART I 61 prospects of a successful reorganization or liquidation. For the success of an insolvency regime, it is necessary that insolvency proceedings are dealt with in a timely, effective and efficient manner. Pursuing this theme in Innoventive (supra) this court observed that ‘one of the important objectives of the Code is to bring the insolvency law in India under a single unified umbrella with the object of speeding up of the insolvency process‖. The principle was reiterated in Arcelor Mittal (supra) where this court held that ‘the non-obstante Clause in Section 60(5) is designed for a different purpose: to ensure that the NCLT alone has jurisdiction when it comes to applications and proceedings by or against a corporate debtor covered by the Code, making it clear that no other forum has jurisdiction to entertain or dispose of such applications or proceedings’. Therefore, considering the text of Section 60(5)(c) and the interpretation of similar provisions in other insolvency related statutes, NCLT has jurisdiction to adjudicate disputes, which arise solely from or which relate to the insolvency of the Corporate Debtor. However, in doing do, we issue a note of caution to the NCLT and NCLAT to ensure that they do not usurp the legitimate jurisdiction of other courts, tribunals and fora when the dispute is one which does not arise solely from or relate to the insolvency of the Corporate Debtor. The nexus with the insolvency of the Corporate Debtor must exist.””Therefore, we hold that the RP can approach the NCLT for adjudication of disputes that are related to the insolvency resolution process. However, for adjudication of disputes that arise dehors the insolvency of the Corporate Debtor, the RP must approach the relevant competent authority. For instance, if the dispute in the present matter related to the non-supply of electricity, the RP would not have been entitled to invoke the jurisdiction of the NCLT under the IBC. However, since the dispute in the present case has arisen solely on the ground of the insolvency of the Corporate Debtor, NCLT is empowered to adjudicate this dispute under Section 60(5)(c) of the IBC.”The court also added that the residuary jurisdiction of the NCLT under Section 60(5)(c) of the IBC provides it a wide discretion to adjudicate questions of law or fact arising from or in relation to the insolvency resolution proceedings”If the jurisdiction of the NCLT were to be confined to actions prohibited by Section 14 of the IBC, there would have been no requirement for the legislature to enact Section 60(5)(c) of the IBC. Section 60(5)(c) would be rendered otiose if Section 14 is held to be the exhaustive of the grounds of judicial intervention contemplated under the IBC in matters of preserving the value of the corporate debtor and its status as a ‘going concern’. We hasten to add that our finding on the validity of the exercise of residuary power by the NCLT is premised on the facts of this case. We are not laying down a general principle on the contours of the exercise of residuary power by the NCLT. However, it is pertinent to mention that the NCLT cannot exercise its jurisdiction over matters dehors the insolvency proceedings since such matters would fall outside the realm of IBC.”, it said.Dismissing the appeal, the bench held thus:(i) The NCLT/NCLAT could have exercised jurisdiction under section 60(5)(c) of the IBC to stay the termination of the PPA by the appellant, since the appellant sought to terminate the PPA under Article 9.2.1(e) only on account of the CIRP being initiated against the Corporate Debtor; (ii) The NCLT/NCLAT correctly stayed the termination of the PPA by the appellant, since allowing it to terminate the PPA would certainly result in the corporate death of the Corporate Debtor due to the PPA being its sole contract; andCase: Gujarat Urja Vikas Nigam Limited vs. Amit Gupta [CA 9241 of 2019]Coram: Justices DY Chandrachud and MR ShahCounsel: Sr. Adv Shyam Diwan, Adv Ranjitha Ramachandran, Sr. Adv C U Singh, Sr. Adv Nakul Dewan, Sr. Adv V GiriCitation: LL 2021 SC 142Click here to Read/Download JudgmentRead JudgmentSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. 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Gardai investigate deaths of two horses on the N56 LUH still not ready to restore IT systems Pinterest Lárionad Acmhainní Nádúrtha CTR to take part in new research project Shipquay Street and Shipquay Place in Derry have been closed by police following a telephone warning of a bomb.Police are conducting a search and have evacuated a number of premises. Motorists are advised to avoid the area and police would ask anyone noticing any suspicious objects to contact them immediately. WhatsApp News By News Highland – December 21, 2013 Twitter Facebook Facebook Google+ RELATED ARTICLESMORE FROM AUTHOR Bomb scare in Derry City Centre Gardai investigate Castlefinn burglary Google+ Pinterest Donegal retains 14 Blue Flags, Lisfannon is not restored Twitter Previous articleGardai investigate bank robbery in CastleblaneyNext articleUpdate – Derry’s Shipquay Street reopens after alert News Highland WhatsApp Andrew McGinley says his children are getting him through life
Andrew McGinley says his children are getting him through life Lárionad Acmhainní Nádúrtha CTR to take part in new research project Update – Road reopens after fatal crash at Barnesmore Gap By News Highland – May 7, 2014 Twitter Twitter LUH still not ready to restore IT systems Gardai investigate Castlefinn burglary Google+ News Google+ RELATED ARTICLESMORE FROM AUTHOR Facebook Pinterest Previous articleWater charges will be final straw for struggling families – Joe MurphyNext articleDerry to host Dundalk in cup quarter final News Highland WhatsApp The road between Donegal Town and Ballybofey has reopened following an earlier fatal crash at Barnesmore Gap.The crash, thought to involve a lorry and a motorcycle happened at McGrory’s Brae.The motorcyclist, a man in his 60s, has died. Garda investigations are continuing, and a forensic examination of the road has now been concluded with the road now open to traffic again. WhatsApp Pinterest Donegal retains 14 Blue Flags, Lisfannon is not restored Gardai investigate deaths of two horses on the N56 Facebook