As a result, Federal Reserve Banks would be permitted to hold cash, securities and property deposited into a customer account by a SIDCO in accordance with the standards that otherwise apply to Federal Reserve Banks, including permitting SIDCOs to maintain customer accounts with Federal Reverse Banks pursuant to the standard of liability set forth in the Federal Reserve Bank Governing Documents. In addition, the proposal would exempt Federal Reserve Banks from liability with respect to the exempted requirements under the private right of action for damages pursuant to Section 22 of the CEA. … [Read more...] about CFTC Requests Comment on Proposal To Exempt Federal Reserve Banks From Sections 4d and 22 of the CEA
Glentoran reserves v cliftonville reserves
The bench also said that in public services, the post shall be reserved at the stage of direct recruitment and the reservation is provided for following percentage of vacancies, to which recruitment are to be made in accordance with the roster referred to in sub-section (5) in favour of the persons belonging to SC, ST and OBC of citizens- (a) namely in the case of SC – 21%; (b) in the case of ST – 2% and (c) in the case of OBC- 21%, and the reservation of vacancy for all categories of persons shall not exceed in any year of recruitment 50% of the total vacancies of that year, as also 50% of the cadre strength of service to which the recruitment is to be made. … [Read more...] about Allahabad HC Quashes UP PSC’s Order Increasing Reservation Posts [Read Judgment]
As per the statement of objects and reasons of the Bill introduced today by Union Minister Thaawarchand Gehlot , economically weaker sections of citizens have largely remained excluded from higher education and public employment due to their financial capacity. Therefore, there is a need to amend the constitution to give them a fair chance of getting higher education and public employment, so as to fulfill the mandate of Article 46 of the Constitution, said the Minister. … [Read more...] about Breaking-Economic Reservation : Lok Sabha Clears Constitution Amendment For 10% Quota.
"Economically weaker sections" for the purposes of Articles 15 and 16 mean such sections as notified by the State from time to time on the basis of family income and other indicators of economic disadvantage. This will be a class distinct from the already specified classes of SCs, STs and socially and educationally backward classes. … [Read more...] about Breaking : Economic Reservation A Reality With Parliament Passing Constitution Amendment
On Janaury 22, the Supreme Court had dismissed Centre's challenge against a 2017 judgment of Allahabad High Court which had held that reservations in teaching posts in Universities are to be applied by taking subject/discipline as the unit, instead of university. A bench of Justices U U Lalit and Indira Banerjee refused leave to appeal to Ministry of Human Resources Department to challenge the High Court judgment delivered in the case Vivekanand Tiwari v Union of India on April 7, 2017. … [Read more...] about Cabinet Approves Ordinance To Bring University-Wise Reservation For Teaching Posts