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Reko Diq Case
The Reko Diq case, officially known as the "Tethyan Copper Company Pty Limited v. Islamic Republic of Pakistan" case is an ongoing legal case between the Government of Pakistan and the Tethyan Copper Company (TCC) over breach of the Australia–Pakistan Bilateral Investment Treaty (BIT) and illegal denial of mining rights to TCC at the Reko Diq Mine in Chagai District, Balochistan. Background In 1993, Australian mining company BHP Billiton and the Balochistan government signed an agreement known as "Chaghi Hills Exploration Joint Venture Agreement (CHEJVA)" for the exploration and mining of copper and gold at the Reko Diq Mine. As per the agreement, BHP would hold 75 percent interest in the project while the government held the remaining 25 percent share on a joint-investment basis with 2 percent royalty payment. In April 2000, BHP handed over its obligations to a little known Australian company Mincor Resources, which was acquired by TCC in 2006. In 2006, the legality of the agre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Pakistan
The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provinces, two autonomous territories, and one federal territory of a Parliamentary democracy, parliamentary democratic Parliamentary republic, republic, constitutionally called the Pakistan, Islamic Republic of Pakistan. Effecting the Westminster system for governing the state, the government is mainly composed of the Executive branch, executive, Legislative branch, legislative, and Judicial branch, judicial branches, in which all powers are vested by the Constitution of Pakistan, Constitution in the Parliament of Pakistan, Parliament, the Prime Minister of Pakistan, Prime Minister and the Supreme Court of Pakistan, Supreme Court. The powers and duties of these branches are further defined by acts and amendments of the Parliament, including the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Aslam Khan Raisani
Muhammad Aslam Khan Raisani ( ur, ) (born 5 July 1955 in Sarawan, Balochistan, Pakistan, Balochistan) is a four times elected member of the Provincial Assembly of Balochistan who served as the List of Chief Ministers of Balochistan, Chief Minister of Balochistan from 9 April 2008 until 14 January 2013. He is the wealthiest parliamentarian in the Balouchistan assembly. Family Raisani is the ''Nawab'' of the Raisani tribe of the Sarawan area, succeeding, as eldest son, to the late Ghous Bakhsh Raisani, Nawab Ghous Baksh Khan Raisani. Business career He maintains an interest in developing his own landed estates and is President of the Chamber of Agriculture in Balochistan. He also has an interest in preserving wildlife and is a lifetime member of the Wildlife Conservation Society.With assets worth 21 billion rupees, he is the richest parliamentarian of Balouchistan, and among the wealthiest of Pakistanis. Political career Raisani began his political career with the Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Foreign Affairs (Pakistan)
The Ministry of Foreign Affairs ( ur, , ''Wazarat-e-Kharja'', abbreviated as MoFA) is a ministry of the Government of Pakistan tasked in managing Pakistan's diplomatic and consular relations as well as its foreign policy. The MOFA is also responsible for maintaining Pakistani government offices abroad with diplomatic and consular status. Minister The Minister of Foreign Affairs is Cabinet member who responsible maintaining Pakistan's foreign policy as well as its diplomatic missions abroad. Bilawal Bhutto Zardari is the current elected member of National Assembly and Minister of Foreign Affairs. Divisions * Afghanistan, Iran & Turkey & West Asia Division * Africa Division * Americas Division * China & SCO Division * CAR & ECO Division * East Asia & Pacific Division * Europe Division * Middle East Division * South Asia Division * United Nations Division * Counter Terrorism Division * Audit & Consular Affairs * Arms Control & Disarmament * Economic Coordination & Organization ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadsheet Case
The Broadsheet case, officially known as the "Broadsheet vs Islamic Republic of Pakistan and NAB" case, is an ongoing legal case related to the non-payment of service fees to asset recovery company 'Broadsheet LLC' by the Government of Pakistan. Background On 20 July 2000, on the orders of the Attorney General's Office and the then President General Pervez Musharraf, the National Accountability Bureau (NAB) of Pakistan hired two asset recovery companies, namely the Isle of Man registered Broadsheet LLC and UK based International Asset Recovery (IAR), to investigate and track the illegally accumulated wealth of Pakistani politicians and other influential figures including the former Prime Minister of Pakistan Nawaz Sharif. As per the agreement signed, the asset recovery companies would get 20% of the value of the assets thus recovered as service fees. Arbitration case and case history In 2003, the NAB terminated the agreement with Broadsheet, after making settlements with Nawaz Sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London High Court
The High Court of Justice in London, known properly as His Majesty's High Court of Justice in England, together with the Court of Appeal and the Crown Court, are the Senior Courts of England and Wales. Its name is abbreviated as EWHC (England and Wales High Court) for legal citation purposes. The High Court deals at first instance with all high value and high importance civil law (non-criminal) cases; it also has a supervisory jurisdiction over all subordinate courts and tribunals, with a few statutory exceptions, though there are debates as to whether these exceptions are effective. The High Court consists of three divisions: the King's Bench Division, the Chancery Division and the Family Division. Their jurisdictions overlap in some cases, and cases started in one division may be transferred by court order to another where appropriate. The differences of procedure and practice between divisions are partly historical, derived from the separate courts which were merged into t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Settlement (litigation)
In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. A collective settlement is a settlement of multiple similar legal cases. The term also has other meanings in the context of law. Structured settlements provide for future periodic payments, instead of a one time cash payment. Basis A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when parties sue (or contemplate so doing) each other in civil proceedings. The plaintiffs and defendants identified in the lawsuit can end the dispute between themselves without a trial. The contract is based upon the bargain that a party forgoes its ability to sue (if it has not sued already), or to continue with the claim (if the plaintiff has sued), in return for the certainty written into the settlement. The courts will enforce the settlement. If it is breached, the par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Roosevelt Hotel (Manhattan)
The Roosevelt Hotel was a hotel at 45 East 45th Street (between Madison Avenue and Vanderbilt Avenue) in the Midtown Manhattan neighborhood of New York City. Named in honor of U.S. president Theodore Roosevelt, the hotel was developed by the New York Central Railroad and the New York, New Haven and Hartford Railroad and operated from 1924 to 2020. The 19-story structure was designed by George B. Post & Son with an Italian Renaissance Revival-style facade, as well as interiors that resembled historical American buildings. The Roosevelt was one of several large hotels developed around Grand Central Terminal as part of Terminal City. The hotel building contains setbacks to comply with the 1916 Zoning Resolution, as well as light courts above the third story on Madison Avenue. The hotel was mostly constructed above Grand Central Terminal's railroad tracks, so different sets of columns were used for the lower and upper stories. The ground level largely contained stores, and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Letter Of Credit
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the reliability of contracting parties cannot be readily and easily determined. Its economic effect is to introduce a bank as an underwriter that assumes the counterparty risk of the buyer paying the seller for goods. History The letter of credit has been used in Europe since ancient times. Letters of credit were traditionally governed by internationally recognized rules and procedures rather than by national law. The International Chamber of Commerce oversaw the preparation of the first Uniform Customs and Practice for Documentary Credits (UCP) in 1933, creating a voluntary framework for commercial banks to apply to transactions worldwi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Guarantee
A bank guarantee is a kind of guarantee from a lending organization. The bank guarantee signifies that the lending institution ensures that the liabilities of a debtor are going to be met. In other words, if the debtor fails to perform the obligation, the bank will cover it. A bank guarantee allows the customer, or debtor, to acquire goods, purchase equipment or draw down a loan. A bank guarantee is a promise from a bank or other lending institution that if a particular borrower defaults, the bank will cover the loss. A bank guarantee is similar to but not the same as a letter of credit A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exp .... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Virgin Islands
) , anthem = "God Save the King" , song_type = Territorial song , song = "Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = British Virgin Islands - Location Map (2013) - VGB - UNOCHA.svg , mapsize2 = 250px , subdivision_type = Sovereign state , subdivision_name = , established_title = , established_date = Dutch West Indies , established_title2 = British capture , established_date2 = 1672 , established_title3 = Cooper Island (British Virgin Islands), Cooper Island sold to UK , established_date3 = 1905 , established_title4 = Separate colony , established_date4 = 1960 , established_title5 = Autonomy , established_date5 = 1967 , official_languages = North American English, English , demonym = , capital = Road Town , coordinates = , largest_city = capital , ethnic_groups = 76.9% Black people, Black5.6% Hispanic5.4% White people, White5.4% Multirac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Judiciary Of The British Virgin Islands
The judiciary of British Virgin Islands is based on the judiciary of the United Kingdom. The British Virgin Islands is a member state of the Eastern Caribbean Supreme Court. The courts are organized at four levels, including the provision for final appeal to the Judicial Committee of the Privy Council in London. The British Virgin Islands is a common law jurisdiction, although British Virgin Islands law and procedure differs to a great degree from English law because of local statutes, orders and civil procedure rules. However, in certain instances British Virgin Islands law provides that in default of any local provision, English law or procedure shall apply. Magistrate's Court The Magistrate's Court is the court of lowest jurisdiction in the British Virgin Islands. The Magistrate's Court deals mainly with criminal matters with summary jurisdiction, minor civil claims, and certain family law matters. The Magistrate also has limited jurisdiction in relation to salvage and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
