Howard Lake | 20 January 2008 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Nuevos Senderos: Reflections on Hispanics and Philanthropy 16 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
News Updates’A Woman Is Free To Move As Per Her Wishes. We Cannot Curtail Her Freedom, Neither Can Her Parents’: Bombay High In A Habeas Corpus Petition LIVELAW NEWS NETWORK19 Jan 2021 6:22 AMShare This – xThe Bombay High Court on Monday said that a woman is free to move as per her wishes and her freedom could neither be curtailed by the court nor by her parents. A division bench of Justices SS Shinde and Manish Pitale made the oral observations while hearing a habeas corpus petition filed by a final year MBA student against his 23- year-old partner’s parents. The couple had…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Bombay High Court on Monday said that a woman is free to move as per her wishes and her freedom could neither be curtailed by the court nor by her parents. A division bench of Justices SS Shinde and Manish Pitale made the oral observations while hearing a habeas corpus petition filed by a final year MBA student against his 23- year-old partner’s parents. The couple had initially approached the police for help, but instead of helping them, the woman was handed over to her parents, the young lad said. The court heard the woman who said she was in a relationship with the man for the past five years and wanted to spend the rest of her life with him. As soon as her parents learned of her relationship they broke and her phone, disallowing her to move out, she said. Justice Shinde then asked the prosecutor what the issue was. “She is talking about spending the her life..without marriage she’s going sir…” “She is a major and she can move as per her wishes. We cannot curtail her freedom, neither can the parents. In fact, she says she is in ‘improper detention’.” Justice Shinde observed. “Any person above the age of 18 move about without any restriction, that’s the law.” The young couple was then asked to sit in the last row. A lady constable ensured the woman sat with her parents, away from her paramour. The father was then called forward to make his point. He said that he was not happy with the relationship and didn’t want the couple married. Justice Shinde and Justice Pitale then tried explaining him in Hindi. “We understand your intentions and wishes but she is a major. Tomorrow even if a judge [approaches the court] we will not be able to do anything [if the daughter is a major]. The court then disposed off the petition, observing that the woman was a major and directed police to provide the couple protection till their destination. Next Story
As part of the changes, the DCLG also confirmed it would look to replace the current regulation governing investments, which sets out upper limits on certain types of investments, including infrastructure.Instead, funds would be asked to publish an investment strategy statement, allowing them to pursue a prudential approach in line with private sector funds in the UK.The DCLG hinted at the potential for deregulation in late October.The deregulation proposed by the department would require the new statement, effectively taking the place of the current Statement of Investment Principles, to set out a diversified investment strategy and the fund’s approach to risk management.It would also need to mention any potential collaborative investment approaches, and the fund’s environmental, social and governance policy, as well as its approach to shareholder engagement.The funds will have up to six months after the new regulation is in place to publish the new statement, at which point it will replace the investment regulations from 2009.As part of the separate consultation on structural reform, the DCLG urged local authority funds to “explain” how infrastructure would feature within the new pooling arrangements, as well as how pooling could improve the ability to invest in the asset class.Without directing the funds to invest in infrastructure, the consultation highlighted the “wide range” of assets pooled vehicles could seek exposure to – including railways, roads and housing projects, making both greenfield and brownfield investments.The government also acknowledged that, should the LGPS opt for a single, illiquid asset-pooling vehicle – such as the infrastructure joint venture set up by the London Pensions Fund Authority and the Greater Manchester Pension Fund – such a vehicle would be exempt from the £25bn target imposed on the multi-asset pools.The consultation offered other concessions in the area of pooling, recognising that certain investments – such as local holdings or direct property investments – would be impractical for the asset pool to oversee.“In light of the arguments brought forward by authorities and the fund management industry, the government is prepared to accept that some existing property assets might be more effectively managed directly and not through a pool at present,” the consultation adds. “However, pools should be used if new allocations are made to property, taking advantage of the opportunity to share the costs associated with the identification and management of suitable investments.”Both consultations are set to close by 19 February.,WebsitesWe are not responsible for the content of external sitesLink to pooling criterionLink to investment regulation consultations Local authority funds in the UK will see most investment restrictions lifted and a shift towards a prudent person approach, as the government reforms the 90 schemes in England and Wales.Releasing its long-awaited consultation on the structural reform of the local government pension schemes (LGPS), the Department for Communities and Local Government (DCLG) outlined a number of criteria on which pooling vehicles would be assessed.Local funds will be expected to form “up to” six asset pools of no less than £25bn (€35.5bn), and each proposal should outline the level of savings each vehicle should hope to achieve over the next 15 years.The only one of the English pooling proposals to so far meet the £25bn threshold is the London collective investment vehicle, which earlier this week announced the names of four managers in charge of £6bn in mandates.