Employment News 1 September 2013 ,September News
China to freeze bank accounts of defaulters
Supreme People's Court in China has signed a memorandum of understanding with state-owned banks which allows bank accounts of those who default on a judicial execution to be investigated, frozen and transferred.
The court stated that it would establish an exclusive channel with the headquarters of commercial banks to share namelists of the defaulters, reports Xinhua.
Xi Xiaoming, Vice-President of the Supreme People's Court, said the cooperation between courts and commercial banks will help address the difficulty courts face in enforcing judicial execution.
It will help to build a society-wide credit system, and will also help creditors claim their rights and ensure the public's right to know, Xi added.
Xi said a network will be created in which courts at all levels can share information about defaulters with all commercial banks.
Petrol price hiked by Rs 2.35 per
litre, diesel by 50 paise
China to freeze bank accounts of defaulters
Supreme People's Court in China has signed a memorandum of understanding with state-owned banks which allows bank accounts of those who default on a judicial execution to be investigated, frozen and transferred.
The court stated that it would establish an exclusive channel with the headquarters of commercial banks to share namelists of the defaulters, reports Xinhua.
Xi Xiaoming, Vice-President of the Supreme People's Court, said the cooperation between courts and commercial banks will help address the difficulty courts face in enforcing judicial execution.
It will help to build a society-wide credit system, and will also help creditors claim their rights and ensure the public's right to know, Xi added.
Xi said a network will be created in which courts at all levels can share information about defaulters with all commercial banks.
Justice Nuthalapati Venkata Ramana
Appointed New Chief Justice of the Delhi High Court
Justice Nuthalapati Venkata Ramana, judge of the Andhra
Pradesh High Court was on 30 August 2013 appointed as the new Chief Justice of
the Delhi High Court.
He was appointed by the President of India, Pranab
Mukherjee. Justice Nuthalapati Venkata Ramana took over from Justice Badar
Durrez Ahmad, who is the Acting Chief Justice of the Delhi High court since
June 2013.
Justice Nuthalapati Venkata Ramana will take over the
office in the first week of September 2013.
Snowden refuses to meet US diplomats
NOTE--- Mr. Snowden faces espionage and other
charges for disclosing U.S. secret surveillance programmes, has repeatedly
asked Russia to send him back home, but has not made a formal extradition
request to Moscow, Russian prosecutors said.
This is a sixth hike in petrol prices in two months, whereas
diesel prices have been hiked eight times since January 17.
Oil Minister Veerappa Moily on Friday wrote to Prime
Minister Manmohan Singh saying without a price increase the government will
have to shell out a record Rs 97,500 crore to subsidise diesel and cooking
fuel.
A 25 percent drop in rupee value has resulted in losses on diesel sales
widening to Rs 10.22 per litre despite prices being raised by 50 paise a litre
every month since January.
India asks its Citizens in Syria to move out
India on Saturday asked all its citizens to leave Syria amid
escalation of violence there and the US moving closer to military intervention
in the war-torn country.
Spokesperson in the Ministry of External Affairs said the
earlier advisory for citizens asking them not to travel to Syria remained in
effect.
The U.S. on Saturday moved closer to military intervention
in Syria with President Barack Obama saying he was considering a “limited,
narrow” strike with “no boots on the ground” even as UN experts probing the
alleged use of chemical weapons left the war-torn country.
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