The Benefits of Microcredit to Bangladesh Essay Example for Free

The Benefits of Microcredit to Bangladesh Essay Bangladesh, with a populace of in excess of 140 million, is one of the most thickly populated nations on the planet. Practically 50% of the absolute populace is as yet living beneath the neediness line acquiring under $1 per day. The different components of the country’s neediness are showed as far as disparity in salary appropriation (for urban territories), wage differentials between the formal and casual divisions, sensational increments in the average cost for basic items, joblessness and inward relocation. Notwithstanding, progress on a scope of social markers in Bangladesh in the course of the most recent fifteen years has been striking in specific zones, and these have been embraced to a great extent to the blend of open and private assistance arrangement, including the spearheading approach of microfinance establishments (MFIs). The legislature of Bangladesh faces a colossal test in decreasing its destitution. In any case, the legislature can't act alone as it can't order all the assets and work force to keep up progress in destitution lightening. The MFIs have played a key job in neediness improvement endeavors and have been giving credit to these destitute individuals who need investment funds and capital however need employments in the ranch and non-ranch divisions. The financial part in Bangladesh is overwhelmed by the four state-claimed business banks, however likewise there are five government possessed specific banks, 30 local private banks, and 12 outside banks. A couple of these banks do loan widely to rustic regions most don’t even glance at the provincial territories of the nation for loaning cash. Be that as it may, the destitute individuals don't gain admittance to formal money related organizations because of the absence of physical security. In contrast to different nations, Bangladesh doesn't a have an appropriate foundation of little banks working at a neighborhood level, and along these lines a solid structure NGO microfinance segment had been created in Bangladesh. These MFIs have had the option to arrive at the poor with security free advances at reasonable expenses and would thus be able to enable the poor to become independently employed. The smaller scale fund part in Bangladesh is one of the universes biggest. Bangladeshi MFIs are most popular for their notable, huge scope arrangement of microfinance administrations, chiefly minuscule guarantee free advances to poor ladies. Microcredit programs in Bangladesh are actualized by NGOs, Grameen Bank, state-claimed business banks, private business banks, and concentrated projects of certain services of Bangladesh government. In the microfinance segment all out advance exceptional is around TK 200 billion and reserve funds TK140 billion that have been rendering among 30 destitute individuals which help them to act naturally utilized that quickens by and large financial improvement procedure of the nation. Through the budgetary administrations of microcredit, these destitute individuals are drawing in themselves in different salary producing exercises and around 30 million needy individuals are straightforwardly profited by microcredit programs. Credit administrations of this part can be arranged into six general gatherings: 1. General microcredit for little scope independent work based exercises, 2. Microenterprise credits, 3. Credits for ultra poor, 4. Horticultural advances, 5. Occasional credits, and 6. Credits for catastrophe the board. Advance sums up to BDT 30,000 are commonly considered as microcredit; credits over this sum are considered as microenterprise advances. The Microcredit Regulatory Authority (MRA), set up by the administration in August 2006, got applications from in excess of 5000 private foundations (NGO-MFIs). Yet, around 1000 uses of them were seen as extremely little associations that had less than 1000 borrowers or not exactly the USD 58,000 in exceptional advances that is commonly considered as the base beginning working arrangement of a solitary stretched MFI to be economical. Be that as it may, till June 2010 the MRA had endorsed licenses for 552 NGOs and 2910 have been dismissed due to not meeting authorizing standards, for example, non-presence of tasks at field, wrong enlistment as a NGO, insufficient budgetary data, etc. Size and development: As indicated by the size of organizations as far as the quantity of borrowers served, MRA arranges MFIs into five significant sorts: enormous, huge, medium, little and extremely little. There are just two enormous MFIs, viz., BRAC ASA, each serving more than 4,000,000 borrowers. Table-2 shows year-wise number and level of the absolute number of organizations under these five classes throughout the previous four years. At present there are just 21 medium, 16 huge and 2 exceptionally enormous MFIs working in Bangladesh, together they establish just 8 percent of the aggregate. 92 percent NGO-MFIs are still either little or extremely little covering not in excess of 17 percent portion of the market as far as effort and tasks. Difficulties: In spite of certain accomplishment in arriving at the more unfortunate gatherings of family units, it has been evaluated that specific gatherings of extraordinary poor families don't partake in microcredit program. Geological inclusion of microcredit activity changes, with inclusion most slender in the less fortunate, progressively remote and less crowded regions of the country’s north and southwest. Thinking about the topographical inclusion of the MFIs in Bangladesh, in excess of 80 percent of the MF-NGOs have under 5 branch workplaces and about portion of them don't have any branch office whatsoever. As of late, there have been a few endeavors in arriving at these family units by offering progressively adaptable reimbursement plans with a littler advance sizes. A few examinations additionally show that 15-30 percent of microcredit individuals are from ‘non-target’ bunches as likewise estimated by householder’s land size. The accomplishment of microcredit programs relies upon the accompanying difficulties: 1. Improving the Resources as opposed to Reaching the Poor Client 2. Littler versus Larger advance sizes 3. Increment in customer base versus Sustainability of MFIs Accomplishments: Ladies strengthening: Ladies are given equivalent access to the Grameen plots subsequently; they have raised their status, diminished their reliance on their spouses and improved their homes and wholesome norms of their youngsters. 90% of ladies who utilized asking as a methods for endurance presently have rooftop over their heads and can bolster themselves. Gathering Savings: Gathering Savings have demonstrated effective as gathering loaning. Gathering reserve funds have arrived at 698 million taka (US $ 23 Million approx), out of which 570 million taka 9US 419 million) are spared by ladies. The bank requires its borrowers to spare. Every borrower spares one taka (2-5 pennies) every week. Starting today Grameen bank has gathered such a lot of cash that they can all in all purchase the biggest endeavor in the nation. The least fortunate of the poor in the nation are entering the cadre of the elites. Move in the word related example: There has been a move in the word related diagram from horticultural pursued work considered socially second rate compared to independently employed trivial dealer. Miniaturized scale credit has prevailing with regards to graduating the poor from neediness level to a self continued position. Fabricates Trust among Poor: Grameen has returned trust to the image. The working of the Grameen is to a great extent through trust. It puts stock in the gigantic capability of every single person given empowering condition, even the least fortunate of the poor can strip off questions and begin investigating their capacities to discover an existence with full human respect. Spikes social change: Smaller scale credit had done what billions of dollars worth of AWACS (Air Borne Warnings and Control System) and Patriot rockets can't, for quite a long time the west has attempted to vanquish obsessive radicals militarily, this has been bleeding, expensive and profoundly fruitless, however unobtrusively consistently, the fascination of the activist Islam is being blunted at the voting booth and in the people’s hearts and brains, than to the financial advancement of poor people. Small scale credit explains a large group of obstinate, long haul social ills identified with destitution. In Bangladesh the utilization of contraception is one of the principal practices to change. Truth be told arrangement of gatherings of ladies to meet consistently helps in talking about new thoughts and sharing data, this fills in as a powerful factor in achieving wide based social change, in any case ladies are secluded. In Bangladesh miniaturized scale credit has prompted an expansion in cooper ation of individuals in the standard monetary and political procedure of society, and in general human turn of events. Exceptionally low default rate: The default rate is incredibly low contrasted with what Bangladesh business banks endure. It is about 2% when contrasted with about 70% for rural credits and 90% for mechanical advances. Yunus Says† The distinction lies in the brain science of the borrowers. The rich can avoid the results of non-installment, the poor can't. They esteem advance sharks so a lot; that they are quite thankful for once points a lifetime chance to improve them†. Smaller scale credit has graduated the country poor from the casual capital market constrained by the moneylender and neighborhood first class to systematized banking. Positive effect on the families: Free examinations show that small scale credit has a large group of positive effects on the families that get it. An ongoing world bank concentrate by Shahid Khondkar (2003) show that miniaturized scale credit programs working in Bangladesh over an extensive stretch of time have created a more prominent effect on extraordinary destitution than on moderate poverty.† The consequences of this investigation demonstrate that small scale credit not just influences the government assistance of members and non-members, yet in addition the total government assistance at the town level. Indeed even in calamity circumstances and post strife territories, it has rebuilded monetary exercises and vocations. Thus going about as the methods for dealing with stress of poor people. This was effectively shown during the floods in Bangladesh in 1998 Issues and requirements: 1. The most effective method to extend the effort of miniaturized scale credit. 2. Absence of assets. 3. Absence of activity in making financing organizations. 4. Nonappearance of

About Mary Dyer, Quaker Martyr

About Mary Dyer, Quaker Martyr Mary Dyer was a Quaker saint in frontier Massachusetts. Her execution, and the strict opportunity activities taken in memory of that, make her a key figure in American strict opportunity history.â She was hanged on June 1, 1660. Mary Dyer Biography Mary Dyer was conceived in England in around 1611, where she wedded William Dyer. They emigrated to the Massachusetts settlement in around 1635, the year they joined a Boston church. Mary Dyer favored Anne Hutchinsonâ and her tutor and brother by marriage, Rev. John Wheelwright, in the Antinomian contention, which tested the convention of salvation by fills in just as challengingâ the authority of the congregation initiative .  Mary Dyer lost her establishment in 1637 for her help of their thoughts.  When Anne Hutchinson was removed from chapel enrollment, Mary Dyer pulled back from the gathering. Mary Dyer had brought forth a stillborn kid the fall before she left the congregation, and neighbors estimated that that the youngster had been twisted as perfect discipline for her noncompliance. In 1638, William and Mary Dyer moved to Rhode Island, and William helped discovered Portsmouth.  The family flourished. In 1650, Mary went with Roger Williams and John Clarke to England, and William joined her in 1650. She stayed in England until 1657 after William returned in 1651.  In these years, she turned into a Quaker, impacted by George Fox. At the point when Mary Dyer came back to the settlement in 1657, she came through Boston, where the Quakers were banned. She was captured and imprisoned, and her spouses request prompted her discharge. He had not yet changed over, so he was not arrested.â Then she went to New Haven, where she was ousted for lecturing about Quaker ideas.â In 1659, two English Quakers were imprisoned for their confidence in Boston, and Mary Dyer went to visit them and to hold up under observer. She was imprisoned and afterward expelled on September 12. She came back with different Quakers to challenge the law, and was captured and indicted. Two of her companions, William Robinson, and Marmaduke Stevenson,  were hanged, however she got a very late relief when her child William requested of for her.  Again, she was ousted to Rhode Island. She came back to Rhode Island, at that point ventured out to Long Island. On May 21, 1660, Mary Dyerâ returned to Massachusetts to again resist the counter Quaker law and dissent the religious government that could confine Quakers from that region. She was again indicted.  This time, her sentence was completed the day after her conviction. She was offered her opportunity in the event that she would keep and stay separate from Massachusetts, and she can't.  On June 1, 1660, Mary Dyer was hanged for declining to conform to against Quaker laws in Massachusetts. Mary and William Dyer had seven youngsters. Her passing is credited with motivating Rhode Islands Charter of 1663 conceding strict opportunity, which is thusly credited with moving piece of the First Amendment in the Bill of Rights added to the Constitution in 1791. Dyer is currently respected with a sculpture at The State House in Boston. List of sources The Antinomian Controversy, 1636 - 1638: A Documentary History. David D. Lobby, editor.Ingle, H. Larry. First Among Friends: George Fox and the Creation of Quakerism Mary Dyer: Biography of a Rebel Quaker.Larson, Rebecca. Little girls of Light: Quaker Women Preacher and Prophesying in the Colonies and Abroad, 1700-1775Plimpton, Ruth T. Mary Dyer: Biography of a Rebel Quaker

5 Programs And Services For Not Forgetting Any Task

5 Programs And Services For Not Forgetting Any Task Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!5 Programs And Services For Not Forgetting Any TaskUpdated On 06/04/2019Author : Ashutosh chauhanTopic : WebsitesShort URL : http://bit.ly/2ozjq3D CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogEarlier we saw some useful tools for ensuring your Privacy online/offline and now we are going to share another 5 set of programs and services for managing your tasks easily, without much fuss.Taking as a basis in the subject that will help us make basic actions such as storing passwords, chat or downloads. Today I wanted to focus on one particular issue: the management of tasks. One of the advice given by most experts in productivity is, a good way to increase this is to use small notes as a post-it to go pointing the tasks that we perform on the day to focus on them and complete assignments and those things that are important however small and we should not forget.So I am about to tell you about 5 programs and services so that we do not forget any task :1.WunderlistWunderlist is a service I’ve used for some time, and is ideal for people who do not want to miss any work and yet prefer to focus their efforts in completing them instead of writing them.This is perhaps the easiest way to always have the list and review tasks or add new items. Just one click and enter the text you want and we will have created a new task. Although not required, Wunderlist gives us the possibility to assign a date or even make notes on it, if we want to include some detail. We also want to have as many lists, and other big advantage is that the service is available in both traditional and web version for Android applications or IOS, which will make our work tasks are always synchronized in the work environment.2. Gmail TasksIf you use Gmail and just need a place to point out those tasks that do not want to forget, a good idea is to test the so-called Gmail Tasks. It is a service that Googl e has long offered and accessed through the webmail service.In fact, the current interface has three sections Gmail distinct to which we can access through the side menu. One is the mail service, one manager and our address book, and the third tasks. Clicking on tasks, deploy a small list that add new items is as easy as writing. You can create multiple lists, and assign dates to each task. Simple, and best of all: without leaving our mail service.3.Google CalendarYet another Google service, this surely known to all. When we talk about work, they often associate the word with the image of the timeframe in which formerly we used to write tasks or appointments for each day. In fact, if we work in an office, probably have the typical daily schedule in which tasks can quickly target each day in order not to miss anything.READHOW TO: View Websites Without Signing UpGoogle Calendar is its equivalent in the cloud, and a very good way to keep up our agenda.The service has come a long way si nce it was launched, and includes functionality to schedule appointments and tasks and alerts to show us when the time comes. In fact, it can be programmed to send us an email or SMS minutes before. Although undoubtedly its greatest advantage is that we can share calendars with friends and contacts, which is an ideal environment to store and group work to take full advantage of our projects.4.Remember The MilkOne of the most popular services, and a classic when we were not sure or go to buy milk. Again we have a service where simplicity reigns, and is characterized by its power despite that basically requires us to write our tasks. Tasks that will become part of the lists you want, and we can label or set time.It also integrates perfectly with all types of devices and services. Yes, we have Remember The Milk in Android, iOS and BlackBerry, but more interesting is that we can use the above service Gmail, Google Calendar, Outlook or even Twitter. A classic that never go out of fashion .5.TudomoTudomo is, in the words of its authors, the task list manager for Windows systems definitive. We can create notes and tasks you assign tags to organize our work, and assign detailed descriptions that we left nothing out. We may also change the status of each task.In addition, we can synchronize our lists between computers, a very good option if we take our work wherever we are without having to resort to using a Web application or our mobile devices.What is your favorite program/service for managing tasks? Kindly share them in the comments below. ??This article is written by Asher ross. She is an Expert technical writer from UK with expertise in writing articles over Dedicated Server UK Mac OS, Apple, Mobile and UK Web hosting server technology.

10 Facts About the Ancient Toltecs

Critical Assessment Protections To Minority Shareholders And Their Effectiveness In Protecting The Smaller Shareholders - Free Essay Example

Sample details Pages: 9 Words: 2732 Downloads: 9 Date added: 2017/06/26 Category Law Essay Type Critical essay Level High school Did you like this example? Critically evaluate protections to minority shareholders and their effectiveness in protecting the smaller shareholders from the unfair dominance of the Majority. Date authored: 12 th July, 2014 Don’t waste time! Our writers will create an original "Critical Assessment Protections To Minority Shareholders And Their Effectiveness In Protecting The Smaller Shareholders" essay for you Create order Abstract In order to adequately protect holders of minority interests of a corporate entity against oppressive shareholders whose actions might be at variance with the Companys Articles, there are several remedies and protection available to minority shareholders as members of the company. Some of these remedies are inclusive of, but not exclusive to, petition on the ground of unfair prejudice, just and equitable winding up and the derivative claim principle. The majority of these remedies are firmly rooted in the common law but recently, these rules have been codified under the Companies Act 2006. For the purpose of this project, the protection afforded to minority shareholders will be critically evaluated and its effectiveness will be highlighted to portray the usefulness of the available remedies. One of the major factors indirectly responsible for the destruction of a business or corporate enterprise due to loss of management time or excessive cost of litigation is shareholder disputes.1 The earliest remedies being afforded to minority shareholders dates back to the Cohen Committee Report where corporate bodies gave the court a broad jurisdiction to ascertain what actions of the majority would amount to oppression, and what could be the preliminary hurdles to bring a valid claim against unfair prejudice. 2 The claims against majority shareholder oppression has been a long-serving legislative constant even before 1985 where the ability for a minority shareholder to bring an action against the majority was encapsulated in the Companies Act (CA). 3 Protecting the interest of the minority is mandated by law and it is part of the life of a corporate entity.4 This right however does not empower the minority to make decisions on the companys nor does it allow company policie s to be set up exclusively by the majority. 5 The vast majority of disputes involves shareholders who are in a minority capacity who wish to seek redress because it will be unreasonable for the majority shareholders to bring an action since they could exercise their voting power to seek redress without court interference. 6 Nevertheless, before an action could be brought against the majority, there must be elements of good faith on the part of the minorities because if the powers to bring a claim cannot be controlled, company stakeholders could face certain amount of oppression from frivolous law suits.7 In the case of Re a Company,8 Lord Hoffman stated that the provision of s 75 CA 9 must be carefully applied so that it doesnt become a â€Å"means of oppression†. Petition on the ground of Unfair Prejudice This is an important remedy which equips the minority shareholder to petition the Court for an order against the majority. This remedy is found in s 994 CA 2006 which was formally s 459 of the CA 1985. This action can furnish an allegation if it is found that the conduct of the majority are performed in an unfairly prejudicial manner against the interest of the stakeholders including the claimant, or that an act or proposed omission of the company is or would likely be prejudicial against the stakeholders by the company. 10 The action will be against those in authority to act on its behalf and not just the conduct of a member acting in a personal capacity of a shareholder.11 The acts complained of could be in relation to a breach of fiduciary duty between director and stakeholders, breach of legal bargain between shareholders as agreed in the Articles of Association, misappropriation of assets or breach of understanding. In Re Leeds United Holdings plc 12, the court rejected t he petition which was saddled on the assertion that the shareholders did not dispose of their shares as to the manner agreed. The petition was quashed on the ground that the disposal of shares did not relate to the conduct of affairs of the company. In most cases, this remedy having been upheld by the court after petitioning under s 994, the shares of the minority shareholder/petitioner will be purchased at a fair value.13 Since this remedy is relied on by the discretion of the Court, it could then be that the court could mandate the majority to remit their shares for a fair purchase by the minority depending on the seriousness of the breach. However, before resort to the courts, it is important that the petitioner is aware of the nature of fair offer made by respondents. If the respondents i.e. the majority shareholders have made a fair offer to the petitioner which entitles him to rights enjoyable under s 994 CA 2006 but he refuses to accept, the court could strike off h is petition.14 It is worth noting that only company members have a right to petition under this remedy. A case for petition could even be instituted by a nominee shareholder as seen in Atlasview Ltd v Brightview Ltd.15 The Derivative Claim Principle It is trite law that only the company excluding all stakeholders can bring an action suo moto.16 This common law principle is derived from the celebrated case of Foss v Harbottle.17 The two major principles enunciated in this case are any matter which negatively affects the company can only be commenced by the company,18 and only the simple majority of the members can bring a claim on behalf of the company.19 Part 11 CA 2006 governs the principles of derivative claims.20 A derivative action is normally for the benefit of the company which contrasts with s 994 unfair prejudice remedy. 21 If a shareholder brings a petition against the majority instead of a derivative action, the court will not set aside the claim per incuriam but will require the petitioner to bring a derivative action if the wrongdoing is against the company.22 To bring a claim on behalf of the minority shareholders of the company, the complainant must seek the leave of court before his claim can be entert ained in court.23 It then means that an action against the majority shareholders can only be instituted under the companys name. Lord Denning MR while echoing the immortal words of Professor Gower, 24 he states that where a derivative action is allowed, a minority shareholder is not suing in his own personal capacity as member of the company or on behalf of other members but solely on behalf of the company. 25 The company is bestowed with the responsibility and authority to bring an action against the wrongdoers in its own personal capacity except if shareholders have been duly delegated such a right to bring a claim. 26 To institute a derivative action is quite a complicated exercise because the court is saddled with the responsibility of screening frivolous cases against the company which may threaten its daily operations, avoidance of multiplicity of individual actions which could be better brought jointly in one suit, etc. In the famous case of Barrett v. Duckett27 the House of Lords held inter alia that there was a more favourable method of resolving shareholder disputes instead of a derivative action which could negatively affect the shareholders relationship as members of the company. The rule in Foss v Harbottle has gone a long way to ease the constraints the common law has over derivative claims. Some of the exceptions to the above common law rule are a shareholder is permitted to bring an action against the majority which is ultra vires the Articles of association of the company, a shareholder may sue if he is denied his bona fide membership rights, a shareholder may sue the majority if certain element of fraudulent activities are committed against the minority shareholders and where a corporate decision is decided by simple majority when more than a simple majority is required. The ‘fraud on the minority provision tends to be the most popular of the common law exception because it is for the benefit of the company in contrad istinction to the other three which seeks to ameliorate the personal rights of the minority shareholder. 28 To sum it up in regards to the provisions of Part 11 CA 2006, a derivative claim may be instituted in court against any member including ex-directors or shadow directors or any other person who is directly involved in the accused breach;29 it could be brought where there is negligence, default or breach of trust and duty by a director of the who failed to act in accordance with his duties. 30 It then means that any breach of duty done knowingly or unknowingly will be actionable in court against such director. A derivative claim could also be institute by any company member however few the share capital he holds in the company. 31 There is a feeling however that without any sort of restriction on the amount of shares held by a petitioner before he can bring an action in this capacity, the tendency for it to be abused is present. Nonetheless, it will be more theoretical than real for a petitioner who has a single share in a company to bring a derivative action against the majority knowing fully well that he will pay cost as penalty if the law suit is rendered frivolous. Just and Equitable Winding Up The Insolvency Act (IA) 1986 provides shareholders with a statutory remedy in the form of a winding-up order on a just and equitable ground pursuant to certain provisions and rights inherent in the CA 2006.32 The aim of a petition via this remedy in the IA 1986 is to oblige the company to seek a validation order thereby putting pressure on the company if a petition for unfair prejudice has also been brought in tandem.33 However, the court has a certain level of discretion under the IA 1986 as to whether to allow a winding-up petition to be entertained.34 If there is a better alternative remedy apart from the just and equitable winding up such as the unfair prejudice claim, the court will most likely dismiss the former. 35 It seems quite unlikely that a petitioner will be satisfied with winding up a company where he possesses certain amount of shares as shareholder. As earlier discussed, it will be prudent for the petitioner to seek a quote on the remuneration of his shares and exit the company without the burden of pursuing a winding up order. From this standpoint, it can therefore be asserted that the just and equitable winding up remedy will most likely be useful only if s 994 CA 2006 does not satisfactorily mend the wrongdoing complained of by the minority shareholders. Conclusion It has been recognised that certain discrepancies were inherent in the common law such as the fraud on the minority and majority rule which didnt suit the minority shareholders because of its uncertain nature as to whether they had the locus standi to sue and also the disadvantage of power concentration with the majority. Crucially, the advent of the 2006 CA has now filled the void which the common law failed to address adequately. The rigid exceptions in the common law have been relatively softened by the CA. If the courts decide to condone a liberal attitude, the company will be subjected to unnecessary and trivial claims while if it adopts a strict procedure, the minority will be parachuted to the pre-2006 CA situation where the rules where quite restrictive. Nevertheless, the most important objective is to protect the minority from majority shareholder abuse, at the same time, uphold the needs of the majority. Bibliography Primary sources (Cases) Arrow Nominees Inc. v Blackledge [2000] 2 BCLC 167. Arrow Trading Investment v Edwardian group Ltd [2005] 1 BCLC 696. Atlasview Ltd v Brightview Ltd [2004] BCLC 191. Barrett v. Duckett [1995] 1 BCLC 243. Burland v Earle [1902] AC 84. Carlen v Drury [1812] 1 V B 154. CAS (Nominees) Ltd v Nottingham Forest FC plc [2002] 1 BCLC 613. Cooke v Cooke [1997] 2 BCLC 28; [1997] BCC 17. Daniels v. Daniels [1978] 2 All ER 89. Estmanco (Kilner House) Ltd v. Greater London Council [1982] 1 W.L.R. 2 ; [1982] 1 All E.R. 437. Lowe v Fahey [1996] 1 BCLC 262. MacDougall v Gardiner [1875-76] L.R. 1 Menier v Hoopers Telegraph Works [1874] LR 9. ONeill v Phillips [1999] 2 BCLC 1. Portfolios of Distinction Ltd v Laird [2004] 2 BCLC 741. Prudential Assurance Co. Ltd v Newmans Industries Ltd [1982] Ch. 204. Re a Company (No 001363 of 1988) [1989] BCLC 579. Re a Company (No. 007623 of 1984) [1986] 2 BCLC 99191. Re Baltic Real Estates Ltd (No 2) [1993 ] BCLC 503. Re Bird Precision Bellows Ltd [1984] Ch. 419; [1984] 2 W.L.R. 869; [1984] 3 All E.R. 444. Re Leeds United Holdings plc[1996] 2 BCLC 545. Re Legal Costs Negotiators Ltd [1999] 2 BCLC 171. Re McCarthy Surfacing Ltd, Hecquet v McCarthy [2006] All ER (D) 193. Re Unisoft Group Ltd (No 3) [1994] 1 BCLC 609. Re Worldhams Park Golf Course Ltd, Whidbourne v Troth [1998] 1 BCLC 554. Salomon v Salomon [1897] AC 22 (HL). Shuttleworth v Cox [1927] 2 KB 9. Wallerstainer v Moir (No. 2) [1975] QB 373. Primary Sources (Legislations) Companies Act 1980 Companies Act 1985 Companies Act 2006 Insolvency Act 1986 Secondary Sources (Articles) Bahls, S. C. ‘Resolving Shareholder Dissension: Selection of the Appropriate Equitable Remedy [1990] 15 J. Corp. L. 285. Chander, A. ‘Minorities, Shareholder and Otherwise [2003] 113 Yale L. J. 119 Reisberg, A. ‘Judicial Control of Derivative Claim [2005] 8 ICCLR 335. Secondary Sources (Textbooks) Davis P, and Worthington S, (edn), Gower and Davis: Principles of Modern Company Law (9th edn Sweet Maxwell, 2012). Dignam A, and Lowry J, Company Law (5th edn OUP, Oxford 2008). French D, Mayson S, Company Law (27th edn OUP, 2011). Gower L.C.B, Principles of Modern Company Law (3rd edn Stevens Sons Ltd, London 1969). Joffe V, Others, Minority Shareholders (3rd edn OUP, USA 2008) Secondary Sources (Working Papers/Committee Reports) Committee Report on Company Law Amendment, 1945, Cmnd. 6659 1 Steven C. Bahls, ‘Resolving Shareholder Dissension: Selection of the Appropriate Equitable Remedy [1990] 15 J. Corp. L. 285, 287. 2 Committee Report on Company Law Amendment, 1945, Cmnd. 6659, para. 60, hereinafter â€Å"The Cohen Report†. 3 Companies Act 1985, s 459. The provisions of minority shareholder protection under the new Companies Act 2006 is contained under Part 30, hereinafter CA. 4 Anupam Chander, ‘Minorities, Shareholder and Otherwise [2003] 113 Yale L. J. 119, 127. 5 Ibid. 6 See Re Baltic Real Estates Ltd (No 2) [1993] BCLC 503. 7 See Re Bird Precision Bellows Ltd [1984] Ch. 419; [1984] 2 W.L.R. 869; [1984] 3 All E.R. 444. 8 See Re a Company (No. 007623 of 1984) [1986] 2 BCLC 99191, 99196. â€Å"But the very width of the jurisdiction means that unless carefully controlled it can become a means of oppression. The threat of such proceedings by a dissident and possibly legally-aided shareholder in a small company can be used to bring pressure upon a majority to accept the price he demands for his shares.† – Per Lord Hoffmann. 9 Companies Act 1980, then became s 459 – 461 Companies Act 1985, now repealed pursuant to the Companies Act 2006. 10 See s. 994 (1) CA 2006. Also, see generally Victor Joffe, David Drake Others, Minority Shareholders (3rd edn OUP, USA 2008), Chs 5, 6. 11 See Re Unisoft Group Ltd (No 3) [1994] 1 BCLC 609. 12 [1996] 2 BCLC 545. See also Arrow Nominees Inc. v Blackledge [2000] 2 BCLC 167. 13 S 996 (2) (e) CA 2006. 14 ONeill v Phillips [1999] 2 BCLC 1. In addition, the Courts decision to strike off a petitioners action for his refusal of a reasonable offer gives more credence to the claim that company shareholders should resolve their actions out of court. An al ternative dispute resolution may suffice for the purpose of severance compensation. 15 [2004] BCLC 191. 16 Salomon v Salomon [1897] AC 22 (HL). 17 [1843] 67 ER 189; 2 Hare 461 (Ch. D). 18 See Prudential Assurance Co. Ltd v Newmans Industries Ltd [1982] Ch. 204. 19 Carlen v Drury [1812] 1 V B 154; 158. This position was also affirmed in MacDougall v Gardiner [1875-76] L.R. 1; Ch. D 13 per Mellish LJ where he was posited that if the act complained of is the responsibility of the majority of the company to correct or if the act which is performed irregularly is being required to be rectified, or if an act is done illegally but could be done in a legally, then individual litigation is of no use. 20 A derivative claim is defined under CA 2006, sec 260 (1). 21 An example of an unfair prejudice against the minority is a breach of directors duty against the members and not the company. See Atlasview Ltd v Brightview Ltd [2004] 2 BCLC 191, 207. Derivative claims are mostly aligned with protecting the assets of a company companys and violation of majority shareholder rights. See Estmanco (Kilner House) Ltd v. Greater London Council [1982] 1 W.L.R. 2 ; [1982] 1 All E.R. 437. 22 See Lowe v Fahey [1996] 1 BCLC 262. 23 See Cooke v Cooke [1997] 2 BCLC 28; [1997] BCC 17. 24 Laurence C. B. Gower, Principles of Modern Company Law (3rd edn Stevens Sons Ltd, London 1969) p 587. 25 See Wallerstainer v Moir (No. 2) [1975] QB 373, 391. 26 Arad Reisberg, ‘Judicial Control of Derivative Claim [2005] 8 ICCLR 335. 27 [1995] 1 BCLC 243. 28 See Burland v Earle [1902] AC 84, 93. 29 CA 2006. s 260 (5) (a). 30 Ibid. 31 CA 2006. s 261 (1). See Portfolios of Distinction Ltd v Laird [2004] 2 BCLC 741. 32 The CA 2006 has no statutory power to make winding up orders bu t s 122 (1) (g) IA 1986 has provisions for a just and equitable winding up. 33 Brenda Hannigan, Company Law (2nd edn OUP, USA 2009) para. 17-103. 34 IA 1986, s 125 (2). 35 See Re a Company (No 001363 of 1988) [1989] BCLC 579.

Dr. Ben Carson As A Leader Of A Nation - 1638 Words

As the United States prepares for the coming presidential race in 2016, circumstances throw into question which qualities a candidate should possess in order to be successful and make a positive impact on the nation. Looking into the past, one can surmise that the best leaders must be brave, and filled with indomitable courage, compassion, and hope. The president is one leading millions and making key decisions which have enormous ramifications. As the leader of a nation, he or she speaks out in times of joy and crisis, setting the tone for the entire government body. Dr. Ben Carson is a candidate with unusual roots that are far removed from the usual candidate’s political or military experience. Carson grew up as a poor, African†¦show more content†¦Carson went so far as to exclaim in his own autobiography that, â€Å"For whatever reason, the God of the universe, the God who holds galaxies in His hands, had seen a reason to reach down to a campus room on Planet Eart h and send a dream to a discouraged ghetto kid who wanted to become a doctor† (taleoftwocarsons), If Ben Carson were to read The Autobiography of Malcolm X, it could reconnect him with his past, his community, and a shared struggle that has led to a shared strength. Malcolm X is the pinnacle example of a man from humble beginnings finding himself, his connection to others, and his voice. His humility made him authentic, meaningful, and resonant with society at large. The Autobiography of Malcolm X has been in continuous publication since its first edition was printed in 1965. Not only a canonized text of Malcolm X’s story, it also contains such an important perspective on the history of inequality. In fact, it has been required reading in public schools for decades. The New York Times called the book, â€Å"Extrordinary. A brilliant, painful, important book† (X). Spike Lee, American director who directed the film Malcolm X, Praised the autobiography as, â€Å"T he most important book I’ll ever read. It changed the way I thought; it changed the way I acted. It has given me the courage that I didn’t know I had inside me.Show MoreRelatedLeadership Qualities Of An Effective Leader1075 Words   |  5 PagesLeadership: the definition states that someone in the position of leader, who guides or directs a group. This definition is hauntingly broad to me. Leadership, I believe, is not an idea that can be defined. It is instead an exemplary action by a single person whose best interest lies with the betterment of the group, and not himself. The qualities of an effective leader are apparent in Lord of the Flies. 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Essential Needs of Young Children Samples †MyAssignmenthelp.com

Question: Discuss about the Essential Needs of Young Children. Answer: Essential needs Essential needs of young children Young children need nourishment, care and attention for attaining a proper development. Here, the parents are responsible for fulfilling these needs of their children. This reflects the parent children attachment, which forms a crucial component in the developmental process (Ranson Urichuk, 2008). From the birth, the struggle of the parents starts in terms of looking after the needs of their children. From the time, the children take birth; the parents are filled with the thoughts regarding how to look after the needs of the children. As a matter of specification, for the newborn, timely feeding, changing nappies, ensuring that the baby gets enough sleep are the major responsibilities of the parents. What happens if the essential needs are not fulfilled? Now-a-days most of the parents are working. The past paced life has filled the mothers and fathers with stress and tiredness. After a hard days work, the parents do not even get time to say hello and cuddle the baby. This inability can be considered as the negation of the biological bondage between mother and child, which the destiny has written. This is depriving the child from the basic love, care and attention, which is one of the major obstacles in its development (Ranson Urichuk, 2008). Although the caretakers and babysitters are performing this duty as the substitute of the parents, the babies are not getting the love, care, nourishment and attention, which the parents can give. Herein lays the appropriateness of the aspect, emotional attachment. Attachment and social behavior Connection and attachment in children development During the infant stage, the infant is emotionally, physically and socially attached to its parents. Societal interaction is minimal, only laughing and crying at the things happening in its surrounding. Evaluation of these surrounding events is also according to the self conception (Hamlin, Wynn Bloom, 2008). This is also applicable for the toddlers, the only difference is that for the toddlers, maturity and understanding of the right and wrong actions starts to develop, although it is in raw stage. Delving deep into the act of evaluation, it acts as a detachment from the attachment. Viewing the aspect of development, dependence is natural at the stage of infancy. However, for the attainment of proper development, the parents need to experiment whether the child can do the basic things independently. Constant supervision is crucial in terms of averting the unwanted accidents, which would delay the proper development at the right stage. Along with the parents, the teachers at the pla y schools need to test the toddlers for assessing their capability to learn the basic methods of doing the fundamental activities (Berger, 2003). Caregiver is the substitute of the parents, who attempt to provide the much needed care, attention and love to the child. This process results in the development of emotional attachment, which if not controlled can strain the biological bond between parents and children. This fissure is one of the major obstacles in the childs development. However, owing to the busy life of the parents, caretakers are important in the childs life. The needful in this case is supervision by the parents in terms of assessing how perfectly the caretaker is performing the allocated duties (Berger, 2003). Evaluation of the behavior exposed by the child helps in understanding the influences, which forms cornerstone in behavioral development. As a matter of specification, infants evaluate others behavior in terms of their own wish fulfillment. Instead of evaluation, perceiving is the right word for the actions performed by the children for developing their social behavior (Gillespie Hunter, 2008). Taking the example of 6 month old child, it expresses surprise and a blank look if someone gives a toffee. After the confirmation from the mother to take the toffee, it takes the toffee and the first expression is dropping the toffee on the ground and laughing. At this stage, help, support and guidance from the parents are needed for safeguarding the baby from the accidents. As he baby attains maturity and penetrates into the age group of 2 years, they need to be given practical examinations for assessing their grasping power in terms of attaining development in an efficient and effective man ner (Smidt, 2013). Development domains For the first two months, biosocial domain plays an important role in a childs development. This is because in these two months, parents are the people, with which the child becomes familiar. Peers, relatives and neighbors attain second position. Caretakers and babysitters are also included in this parameter, as they play the role of the mothers and fathers in their absence. This merges the biological and social parameters, as the caretakers and babysitters are outsiders in terms of the biological relationship with the child. The type of care, love and attention, which the child gets from the parents and caretakers, laid is the foundation for the childs development (Greenfield, 2014). As a matter of specification, teachers in the preschool are also important in terms of levying the basic and fundamental education to the children. Using the play way method for this generates an interest among the children to learn. Maintaining consistency in this pedagogy provides the children with an easy grasp over the fundamentals, regular practice of which is a slow yet gradual progress towards development. Apart from this, it also merges the other parameters into the biosocial. Grasping the fundamentals makes the children aware of the right and wrong actions. This awareness gradually brings control over their emotional expressions. Language acquisition theories In case of the infants, babbling is the only form of communication, which is their self-expression for the needs, demands and requirements. Therefore, this babbling can be considered as self teaching the worldly language. Theoretical approach in this direction enhances the clarity in terms of linguistic development of the children. Cognitive learning theory can be considered as the starting point of social interactionist theory (Kail, 2015). Hearing different kinds of sounds helps the child to learn and produce them. Regular hearing of a particular sound enables the child to associate the sound with the thing from which the sound is coming. Herein lays the linguistic communication and connection of the child and the society. Motivation is a medium for the child to produce the sound among the familiar people. Praises generates curiosity within the child to explore many other things related to the sound. These praises is assistance in terms of learning new things, which leads to the me ntal development of the child (Smidt, 2013). Here, societal influences might be of help, however, most of the times, influences and suggestions deviate the focus of the child. Therefore, the parents need to expose cautious approach for gifting proper development to their children. References Berger, K. S. (2003). The developing person through childhood and adolescence (6th ed.). New York, NY: Worth Publishers. Gillespie, L. G., Hunter, A. (2008). Emotional flooding: Using empathy to help babies manage strong emotions. Young Children, 63(5), 4647. Greenfield, P. M. (2014).Cross-cultural roots of minority child development. Psychology Press. Hamlin, J. K., Wynn, K., Bloom, P. (2008). Social evaluation by preverbal infants.Pediatric Research,63(3), 219-219. Kail, R. V. (2015).Children and their development. Pearson Higher Ed. National Scientific Council on the Developing Child (2005). Excessive stress disrupts the architecture of the developing brain(Working Paper No. 3). Retrieved from: https://developingchild.harvard.edu/index.php/resources/reports_and_working_papers/working_papers/wp3/ Ranson, K. E., Urichuk, L. J. (2008). The effect of parentchild attachment relationships on child biopsychosocial outcomes: a review.Early Child Development and Care,178(2), 129-152. Smidt, S. (2013). The developing child in the 21st century: A global perspective on child development (2nd ed.). New York, NY: Routledge.