RSS Feed     Twitter     Facebook

Posts Tagged ‘S.C.’

SC Global Developments downgraded to hold

Phillip Securities Research in a Jan 18 research report says: “SC Global is expected to report its financial results in end February 2010. We expect it to report profit decrease by 29.3% to $31.4 million in FY2009F. Nevertheless, the profit is anticipated to improve to $192.1 million and $194.8 million in FY2010F and FY2011F respectively.

Read more…

Soulive, Lettuce, Break Sc. | 12.31 | NY

Images by: Rob Chapman

Soulive, Lettuce, Nigel Hall, Break Science :: 12.31.09 :: Music Hall Of Williamsburg :: Brooklyn, NY

Billed as the “Royal Family Ball NYE,” Soulive, Lettuce, Nigel Hall and Break Science rang in the New Year at Brooklyn’s Music Hall Of Williamsburg. From the looks of things, it was a groovy good time.

JamBase | Brooklyn

Go See Live Music!


SC directs early recovery of looted money


ISLAMABAD – Chief Justice Iftikhar Mohammad Chaudhry has observed that the looted money of Bank of Punjab (BoP) should be recovered by all means saying serious effort was needed for early recovery of wealth from the absconders.
“The impression should end that after looting money, any one can run from the country,” Chief Justice said while hearing the case of BoP scam here on Monday.
During the course of proceedings, the apex court was informed that efforts were underway to bring back from the US, Hamesh Khan, a central character in the scam.
In this respect, a US court in Virginia was proceeding a case against him, the officials of FIA and NAB further informed the court.
Attorney General Anwar Mansoor also informed the court that FIA was taking necessary steps for the extradition of the former President BoP Hamesh Khan from the United States. The US Department of Justice was being provided with the relevant documents to facilitate the process quickly, he added.
Dr Abdul Basit, counsel for Sh Yaqoob, brother of Sheikh Afzal of Haris Steel, stated before the court that Sh Yaqoob was ready to pay Rs1.5 billion and his sons should be released. The Chief Justice also directed BoP lawyer Khawaja Haris to negotiate the matter with Sh Yaqoob, as he was willing to pay the money outstanding against him. On this point, the court said that the matter should be proceeded according to law and disposed of as early as possible.
During the course of proceedings, the NAB informed the court that Seth Nisar was hidden since weeks. Additionally, his counsel also has no knowledge of him.
On this point, the SC ordered NAB to proceed against Sheikh Nisar according to laws. Khawaja Haris, counsel for BoP, informed the court that some Rs7.8 billion property of accused had been handed over to the applicants.
Earlier, the SC ordered the authorities concerned to pursue case against Hamesh Khan as soon as possible. Serious accusations were also being hurled at senior lawyers in the report regarding BoP fraud case presented by the NAB before the court.
Sh Afzal alleged in his affidavit that he paid millions of rupees in the form of bribe to many senior lawyers including Dr Babar Awan, Malik Qayyum and Sharifuddin Pirzada to get a favourable verdict. The case was adjourned till February 15.

SC Global Developments upgraded to buy

Phillip Securities Research in a Dec 18 research report says: “SC Global is a luxury property developer and has achieved poor sales in 2009. We believe that this will change in 2010 with the recovery of the luxury property market. URA data has shown that buyers have started purchasing luxury homes.

Read more…

SC strikes down NRO


ISLAMABAD – Declaring the NRO void ab initio, the Supreme Court on Wednesday directed reopening of all the cases withdrawn under the Ordinance both inside the country and abroad with immediate effect.
The full bench of the court also directed the government to take immediate steps for revival of the cases pending against Asif Ali Zardari and others in the Swiss courts. It also ordered action against former Attorney General Malik Qayyum for exceeding his authority by communicating to the Swiss Attorney General for withdrawal of the said cases without lawful authority.
The unanimous judgment read out by Chief Justice Iftikhar Muhammad Chaudhry also suggested replacement of NAB Chairman, Prosecutor General and Additional Prosecutor General with other competent individuals for breaking the trust of the court and not extending the required cooperation.
The full bench also asked the Secretary Law to take steps for increasing the number of accountability courts in the country for speedy disposal of pending cases. The judgment also provided for establishment of monitoring cells in the Supreme Court and High Courts to monitor progress and proceedings in the cases in which the accused had been acquitted or discharged under Section 2 of the NRO.
The judgment held that that the NRO had not been promulgated to provide reconciliation on national basis. It also stated that the Ordinance violated various constitutional provisions including Article 4, 8, 25, 62(f), 63(i)(p), 89, 175 and 227 of the Constitution.
The judgement also restored and revived all the cases withdrawn under the NRO. “As a consequence of the said declaration, all steps taken, actions suffered, and all orders passed by whatever authority, any orders passed by the courts of law including the orders of discharge and acquittals recorded in favour of the accused persons, are also declared never to have existed in the eyes of law and resultantly of no legal effect,” the judgment said.
It further stated, “all cases in which the accused persons were either discharged or acquitted under Section 2 of the NRO or where proceedings pending against the holders of public office had got terminated in view of Section 7 thereof, a list of which cases has been furnished to this Court and any other such cases/proceedings which may not have been brought to the notice of this Court, shall stand revived and relegated to the status of pre-5th of October, 2007 position”.
“All the concerned courts including the trial, the appellate and the revisional courts are ordered to summon the persons accused in such cases and then to proceed in the respective matters in accordance with law from the stage from where such proceedings had been brought to an end in pursuance of the above provisions of the NRO,” the judgment said.
The court also nullified any benefit derived by any person under the Ordinance.

Pak SC directs authorities to formulate policy regarding issuing I-cards to Hindus

The Pakistan Supreme Court has asked the National Database and Registration Authority (NADRA) to come up with a policy for the registration of Hindu couples for computerised national identity cards.
Hearing a sou-motu case regarding the problems faced by Hindus in obtaining the national I-cards, a three-member Supreme Court bench headed by Chief Justice Intikhar Chaudhry [...]

“UN SC still central player in Kosovo process”

Kosovo Ministry State Secretary Oliver Ivanović says it is important that New York is still the place where the key political decisions on Kosovo are made. Ivanović stressed that Serbia had the better arguments and that more and more countries were coming round to the view that the independence and recognition of Kosovo had been “a little hasty.“

Pak SC indefinitely adjourns trial of 26/11 mastermind Hafiz Saeed

Pakistan’s Supreme Court on Monday indefinitely adjourned the trial of Hafiz Saeed, the mastermind behind the Mumbai terror attacks.
Despite the submission of the fourth dossier on the Mumbai terror attacks to Pakistan’s Deputy High Commissioner to India, Rifat Masood, Pakistan has apparently let of Saeed.
Speaking to the media, Saeed’s lawyer A K Dogar [...]

SC to review Dogar’s status


ISLAMABAD – Justice Khalil-ur-Rehman Ramday, member of the 14-member larger bench of the Supreme Court hearing judgesÂ’ appointment case, Monday observed that no one had accepted Justice (Retd) Abdul Hameed Dogar as constitutional chief justice of Pakistan and that the Supreme Court would review his legal and constitutional status.
Headed by Chief Justice Iftikhar Muhammad Chaudhry, the bench is hearing two separate petitions filed by federal government, seeking extension in jobs of two Sindh High Court judges, Justice Pir Ali Shah and Justice Bin Yameen. The two judges were reverted to the posts of additional judges as a result of a judgement passed by a five-member bench of the Sindh High Court (SHC).
The bench has also clubbed the petition filed by Sindh High Court Bar Association (SHCBA) seeking regularisation of services of two SHC judges Rashid Kalhoro and Zafar Sherwani.
During the course of proceedings, the Chief Justice asked counsel for Justice Bin Yameen, Justice (Retd) Malik Qayyum, to argue on the constitutional status of former chief justice Abdul Hameed Dogar. Malik Qayyum submitted before the court that everyone had accepted him as the chief justice of Pakistan and President Asif Ali Zardari had taken oath of his office from him.
He said if Abdul Hameed Dogar was declared as de facto chief justice, it would have widespread repercussions. He said he did not want to indulge in arguments on this point.
The Chief Justice directed Qayyum to carry on with his arguments, saying the court was afraid of nothing. “Let there be put an end to the mistakes committed in the past,” the Chief Justice said.
Justice Ramday said that no one had accepted Dogar as chief justice and that his legal and constitutional status would be reviewed. He said that the court was not interested in the issue who owned Dogar as chief justice.
Malik Qayyum requested the court to first decide SHCBAÂ’s petition and then decide the case of his client. He contended that there was no opposition over the appointment of Justice Bin Yameen, adding the Sindh Governor and the Chief Justice of Supreme Court were unanimous for his appointment as permanent judge. He said he was made additional judge due to the plea of SHCBA, which, he said, was unconstitutional.
Advocate General Sindh Yousaf Leghari said that the larger bench hearing the petitions consisted of those judges who were restored and reappointed after taking oath from Justice Abdul Hameed Dogar. At this point, the Chief Justice said that all the judges were restored and not reappointed.
President SHCBA Rashid A Rizvi in his arguments said that the appointments of all judges during November 3, 2007 and December 15, 2007 were illegal and unconstitutional. He said the sole objective behind the imposition of emergency was to remove judges of the apex judiciary.
The case was adjourned till July 29 (Wednesday).
The same bench also heard former chief justice Sajjad Ali ShahÂ’s petition for granting him pension and other benefits as the former chief justice of Pakistan. The Chief Justice remarked during the proceedings that government should demonstrate generosity in this case, as was demonstrated in Justice Saad Saood Jan case.
Deputy Attorney General Agha Tariq read out written statement of the ministry of law and justice, which stated that government would abide by any decision rendered by the Supreme Court. The Chief Justice directed DAG Agha Tariq to ask the government to show generosity in the matter.

Patrick Malone: Memo to Congress: Listen to the Patients on National Patient Safety Day

These advocates have turned their own tragic losses into a crusade to make our hospitals and clinics cleaner and safer, demanding they become more open in dealing with tragic mistakes.

SC withdraws stay on power tariff hike


ISLAMABAD – Cancelling its orders, issued on July 6, for staying the proposed increase in electricity prices, the Supreme Court of Pakistan allowed National Electric Power Regulatory Authority (NEPRA) to work out a power tariffs formula as per the demands of electricity generation and distribution companies.
However, the apex court directed NEPRA to inform the court in advance in case it recommends increase in the electricity tariffs. The court also directed the Ministry of Water and Power and Ministry of Finance to inform the court about the proposed withdrawal of subsidy on electricity or increase in tariffs of the utility.
A three-member bench of the apex court, headed by Chief Justice Iftikhar Muhammad Chaudhry and comprising Justice Chaudhry Ijaz Ahmad and Justice Jawwad S Khawaja heard the suo motto case, taken on pieces of news appeared in media, against the proposed increase in power tariffs despite reduction in oil prices in the international market.
Counsel for the electricity generation and distribution companies, Anwar Kamal, prayed to the court to allow NEPRA to work out power tariffs formula on the petitions submitted by the said companies. He said that the companies needed increase in tariffs to meet their revenue requirements and said that it was the government, which did not let people suffer from the hike in tariffs and subsidised the utility.
Counsel for NEPRA Ijaz stated that according to his knowledge, the government had decided not to withdraw subsidy on electricity for the time being. He said that as for as NEPRA was concerned, its duty was to make recommendations to the government on the basis of petitions filed by the electricity generation and distribution companies, while keeping in view their revenue requirements.
The Chief Justice remarked that the court did not intend to stop them from working out the formula for increase in electricity tariffs. However, it should be in accordance with rules, he observed.
The court then withdrew its July 6 order, which had stayed the proposed increase in power tariffs. But the court simultaneously directed NEPRA to inform the court in advance if it was going to recommend increase in electricity tariffs. The ministries of water and power and Finance were also directed to inform the court about the proposed withdrawal of the subsidy or increase in tariffs of electricity by next hearing in the case.
The court order also allowed the government to consider increase in electricity tariffs as per the recommendation of NEPRA but the same could not be passed on to the people unless allowed by the court, Anwar Kamal explained to TheNation.
The case was adjourned till date-in-office after three weeks.

DNC Targets DeMint In TV Ad As Health Care Fights Heat Up (VIDEO)

During an interview on NBC Wednesday morning, Sen. Jim DeMint (R-S.C.) declined to back down from his earlier statement that health care reform represented President Barack Obama’s “Waterloo.” And now, Democrats are all too happy to continue t…

SC summons Musharraf


ISLAMABAD – Judges regularisation case took a new turn on Wednesday when the apex court issued notice to former President General (Retd) Pervez Musharraf leaving it as optional for him whether or not to defend himself personally or through a counsel.
“According to principles of law, universally known, no person should be condemned unheard, therefore, under Order 25 of the Rule 9 of the Supreme Court Rules 1980, notice be issued to Pervez Musharraf, however, leaving for him to appear before the court or otherwise”, the apex court order said.
A 14-member bench of the Supreme Court headed by Chief Justice Iftikhar Muhammad Chaudhry is hearing a petition of the Sindh High Court Bar Association (SHCBA) seeking regularisation of two additional judges of the High Court of Sindh. The judges were denied regularisation on the basis of Supreme Court judgment in Tikka Iqbal case, which said that judges who had not taken oath under the PCO, promulgated on November 3, 2007 was a ‘past and closed transaction’. The same judgment had also validated the imposition of emergency and the steps taken thereafter by former president General (Retd) Pervez Musharraf.
During the proceedings of the case on Tuesday, Chief Justice Iftikhar Muhammad Chaudhry expressed probability of concluding the hearing in the case by Friday (July 24). However, on Wednesday, the Chief Justice sought view of the counsel for the petitioners Hamid Khan and Attorney General for Pakistan Sardar Latif Khan Khosa on the question of issuing notice to Pervez Musharraf with a view to provide him an opportunity to defend himself in the case if he wanted so.
Hamid Khan opposed issuing of the notice to Musharraf saying there was no precedence of issuing notices to former dictators in such cases and that former military ruler Yehya Khan, too, was not issued notice in Asma Jilani case. To this, Justice Shahid Siddiqui said that there were people to defend Yehya Khan but in this case the Attorney General is not defending General (Retd) Musharraf.
Khan further contended that Musharraf was not being prosecuted, instead his constitutional actions were being examined and therefore there was no need of issuing notice to him. Justice Jawwad S Khawaja, however, observed that fairness demanded that Musharraf is provided with an opportunity to come and defend himself. The Attorney General, however, said he was leaving the matter to the court.
The Chief Justice remarked that if there were 0.001 per cent chance of revisiting the Tikka Iqbal case, the court would attack the PCO. He said there would be fallouts and repercussions of this case, which would decide the fate and life of the nation. He said, “We would have to strengthen our institutions and there should be no more adventurism.”
The Chief Justice further observed, “The court is examining the PCO promulgated by Gen (Retd) Pervez Musharraf. Therefore, anyone can raise an accusing finger against us for condemning someone who is not before us,” he said.
On another occasion, the Chief Justice said that they were neutral and not against anyone. “We would even do justice to the worst of our enemies”, he observed.
The court order stated: “According to the principles of law, universally known, no one should be condemned unheard, as it has been recognised and stated by this court in almost every case where an adverse decision was likely to take place. Not only in our country, internationally where there is a regular system of administration of justice, this principle is applied. Even when there is no provision under the law, the courts have been issuing the notices under the principle of natural justice”.
“In Asma Jilani case, notice was not issued as the respondent government had not made a categorical statement that it was not defending the action of Gen Yehya Khan. As for as the proceedings of the case are concerned, these are going on for the last two to three days. Media, print and electronic, is widely publicising the observations and proceedings. Anyone interested in the proceedings who is concerned with the promulgation of PCO can appear on his own by making application directly or otherwise”.
“Therefore, under Order 25 of the Rule 9 of the Supreme Court of Pakistan Rules 1980, notice be issued to Gen (R) Pervez Musharraf. However, leaving for him to appear before the court or otherwise. Notice be issued on the address of his residence in Islamabad”.
The court orders imply that Musharraf is given an opportunity to defend his actions, taken on November 3, 2007 and onward, in the court. He can appear in person or through a counsel or can choose not to defend himself, senior lawyers explained.
Former Attorney General for Pakistan Justice (Retd) Malik Qayyum while talking to media persons outside the court building said he was ready to represent Gen (Retd) Musharraf in the court if he (Musharraf) asked him to do so.
He termed the court order as highly appreciable and according to the law and the Constitution.
Attorney General for Pakistan Sardar Latif Khan Khosa, too, hailed the Supreme Court order and said the government was not in a position to defend the illegal acts of former President Musharraf.
Talking to media persons in the court premises, he said that Sharia, Constitution of Pakistan and Supreme Court judgments provided every person a right to defend himself in the court. He said that Pervez Musharraf had no right to impose emergency and he had no constitutional protection to defend himself.
In response to a question, Khosa said that both the Parliament and judiciary were making struggle to strengthen democracy in the country and the former had no need to take any pre-emptive action about the expected judgment of the Supreme Court.
Monitoring Desk adds: The summons were issued to former President Musharraf on the directives of the Supreme Court Wednesday evening. However, the personal staff of the former president refused to receive the summons, reported a private TV channel. The judicial staff served the notice issued to Musharraf at his Chak Shahzad’s residence in outskirts of Islamabad.

Miles J. Zaremski: Reforming the Healthcare System: Why It Can Happen Now

A countless number of ordinary folks are driving hundreds of miles to be seen for health issues because they can’t afford to pay for treatment back home. It is a sad tale indeed.

White House Plans To Use DeMint’s “Waterloo” Quote To Rally The Troops

On Friday, on a “Conservatives for Patients Rights” conference call with conservative activists dealing with health care reform, Sen. Jim DeMint, R-S.C., said, as Ben Smith at Politico reported, “If we’re able to stop Obama on this, it will b…

Mark Sanford: Cheating SC Gov Says God Will Make Him Better

COLUMBIA, S.C. — South Carolina Gov. Mark Sanford, still clinging to office after admitting to an extramarital affair, wrote in an opinion piece released Sunday that God will change him so he can emerge from the scandal a more humble and…

Joel Sawyer, Sanford’s Communications Director, Resigns

Gov. Mark Sanford’s affair has resulted in at least one break-up. Joel Sawyer, the governor’s communications director, has announced he will depart his post at the start of August.

Here the full press release:

Columbia, S.C. – July 17, 2009…

Sonia Sotomayor set to return

WASHINGTON (AP) — Sonia Sotomayor is relying on her 17-year record as a federal judge to rebut criticism that she is concealing a liberal agenda that will show up if she is confirmed to the Supreme Court.
Sotomayor, the first Hispanic high court nominee, was set to return Wednesday to a cavernous Senate hearing room for [...]