Are independent directors better off?

The Companies Bill, 2012 defines ‘independent director’ and attempts to distinguish between the liability of an independent director and a non-executive director from the rest of the board. Clause 149 (12) of the Bill provides that liability for independent directors would be “only in respect of such acts of omission or commission by a company which had occurred with his knowledge, attributable through Board processes, and with his consent or connivance or where he had not acted diligently.” Read more [...]

House Hunt: Three-Bedroom House for Sale in Chelsea

Each week, Patch will feature a different home or series of homes to give readers an idea of what the local housing market has to offer. Today, check out this three-bedroom, two bathroom home at 13966 Dexter-Chelsea Road in Chelsea. The home is listed for sale at $132,500. This classic greenfield village reproduction home sits on 4.83 acres in the heart of Chelsea. The home is authentic right down to the electric switches. One to three bedrooms (two upstairs bedrooms have Read more [...]

Property of the Week: A stunning listed building in heart of prized village

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AV’s Picks for the Top 10 SUP Events of 2012

Dim lights Embed Embed this video on your site Elite SUP surfer and racer Anthony Vela joined hosts Candice Appleby and Andre Niemeyer on the set of the SupConnect Live show, January, 2013.   SAN DIEGO, California - With less than 2 weeks under our belts in 2013, many stand up paddlers world wide are still planning their calendars and trying to decide which races/events they will attend this year.  Fortunately for all of us, dedicated waterman Read more [...]

Glasgow’s Barras selling pirate copies of Oscar nominated films before some …

PIRATE DVDs of Oscar- nominated films are on sale at Glasgow’s Barras – before some are even on in UK cinemas. Yesterday, five of the short-listed flicks were on sale for £3 or £5 each – cheaper than a cinema ticket. And the pirates at the east end market bragged they would have the other four within days. Some of the films are not out in the UK yet. They included Quentin Tarantino’s Django Unchained, which is up for four Oscars and not in UK cinemas until Friday. Sunday Mail investigators Read more [...]

Two of Capital’s hospitals listed on £1bn repairs bill

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Sylva and His 48 Houses

Timipre Sylva Can you imagine one man who found his way into public service acquiring as much as 48 houses in Abuja in just four years? 48 houses in four years? Where did that happen? Are you not in this country? Did you not hear that the former Governor of Bayelsa State, Chief Timipre Sylva has 48 houses, which have now been seized by the Economic and Financial Crimes Commission (EFCC)? Oh, is it that one? But the former governor has denied that he does not have 48 houses anywhere Read more [...]

‘I take home £80 to £150 at car boot sales’: How to cash in your share of the …

By Toby Walne, Financial Mail On Sunday PUBLISHED: 22:29 GMT, 12 January 2013 | UPDATED: 22:29 GMT, 12 January 2013 The New Year marks an opportunity for a fresh start. It is time to clean out all the clutter tucked away inside wardrobes, under beds and in the attic and try to sell it for a profit. As a nation we hoard an estimated £50 billion worth of clothes, books and other items that are no longer used. On top of this there is at least £2 billion worth of unwanted presents Read more [...]