SIC Insurance Comany Limited (SIC.gh) 2014 Annual Report

first_imgSIC Insurance Comany Limited (SIC.gh) listed on the Ghana Stock Exchange under the Insurance sector has released it’s 2014 annual report.For more information about SIC Insurance Comany Limited (SIC.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the SIC Insurance Comany Limited (SIC.gh) company page on AfricanFinancials.Document: SIC Insurance Comany Limited (SIC.gh)  2014 annual report.Company ProfileSIC Insurance Company Limited is a leading insurance company in Ghana providing non-life products in the motor, marine and aviation, fire and accident sectors. The motor division covers accidental loss of motorbikes and vehicles and third-party accident, fire and theft. The Marine and Aviation division covers airborne cargoes, ships and fishing vessels, ports and harbour installations and aviation insurance covering aircrafts, cargo and passengers. The Fire division covers accidental destruction of properties including household, personal, commercial and industrial buildings and effects. The Accident division’s coverage ranges from personal and family accidents to cash-in-transit, banker’s indemnity and contractor’s all-risk insurance. SIC Insurance Company also offers workmen’s compensation insurance, general bonds and engineering and construction insurance as well as offering investment, asset and fund management advisory services. SIC Insurance Company was founded in 1955 and its head office is in Accra, Ghana. SIC Insurance Company Limited is listed on the Ghana Stock Exchangelast_img read more

Forget the Cash ISA! I’d get a 4% yield from the FTSE 100

first_img See all posts by Rupert Hargreaves Rupert Hargreaves | Saturday, 1st February, 2020 | More on: ^FTSE Image source: Getty Images Banks have really let Cash ISA investors down in recent years. Interest rates on these products have plunged in the past decade, and now the best rate on the market for a flexible Cash ISA stands at just 1.31%.If you are happy to lock your money away for a bit longer, you can achieve a better interest rate. However, you don’t get that much extra for agreeing to lock up your funds.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…For example, the top one-year fixed ISA offers an interest rate of just 1.41%. If you lock your money up for two years, the best rate you can get is 1.5%. And for three years, it is 1.67%.Considering these figures, if you are serious about saving for the future, it might be better to avoid Cash ISAs altogether and go with a Stocks and Shares ISA instead.Stocks and Shares ISAThe one primary advantage that Stocks and Shares ISAs have over cash ISAs is the ability to be able to invest anywhere.Indeed, with Stocks and Shares ISAs, you can invest in thousands of stocks, bonds and funds around the world. Most of these stocks offer dividend yields far above what you would get with a Cash ISA.In addition to the higher level of income, the capital value of these assets can also increase over time. That’s something you don’t get with cash.Buying the FTSE 100One of the best ways to invest in the stock market is to buy a low-cost passive tracker fund.A low-cost FTSE 100 passive tracker fund would give you exposure to the 100 largest listed companies in the UK. When you’ve acquired one of these funds, you don’t need to do anything else. All you need to do is sit back, relax and let the fund managers do the hard work for you.A tracker fund only replicates the performance of its underlying index. Therefore, there’s no stock selection risk, which means there’s a low risk the manager will make a severe stock-picking mistake that costs you money.Annual returnsSince its inception more than three-and-a-half decades ago, the FTSE 100 has produced an average yearly return of 9%.It isn’t straightforward to predict whether or not this trend will continue going forward, but what we do know is that the index currently supports a dividend yield of 4.3%. This is significantly above the level of income most Cash ISAs offer today.As a result, investors buying a low-cost FTSE 100 tracker fund right now are entitled to a much higher level of income than most cash savings accounts.On top of this, there’s the potential for capital gains. As the figures above show, capital growth has added 4.7% to performance every year for the past three decades — an excellent bonus for investors.As such, opening a Stocks and Shares ISA and buying an FTSE 100 tracker fund seems to be a much better option than accepting the low rates offered by Cash ISAs today. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Forget the Cash ISA! I’d get a 4% yield from the FTSE 100 Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Gold is soaring in price. Here’s why I’d still buy more for my ISA

first_img Paul Summers has has shares in iShares Gold Producers UCITS ETF and iShares Physical Gold ETC. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Gold is soaring in price. Here’s why I’d still buy more for my ISA Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Some investors think buying gold makes no sense. I respectfully disagree.Today, I’ll explain why getting some exposure to the shiny stuff (alongside quality stocks, of course!) is a good idea. This is the case even after the recent price action that has seen it soar to well over $1,700 per oz.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The mighty hedgeIt’s not that I don’t appreciate the objections to holding gold. It’s certainly true that the precious metal doesn’t earn any profits by itself. It’s also true that it doesn’t pay any dividends to holders. Reinvested, the latter can boost returns through compounding over time.But consider some of the advantages.For one, gold has a reputation for being a great hedge against stocks crashing. During the Financial Crisis, for example, the price of the precious metal rose strongly. This reaction is worth bearing in mind if you think markets may fall again in 2020. Aside from being a great portfolio diversifier, gold is tangible and hard to steal. Contrast this with something like Bitcoin. While the value of both depends only on what people will pay for it, you can’t actually get your hands on the cryptocurrency. There have also been many cases of sophisticated thieves stealing Bitcoin from investors. Add to this a finite supply and likely growth in demand as people in emerging markets become more affluent and I think there are far worse destinations for your capital.The silent killerThere’s one final reason why gold could continue to be a sound buy in 2020.The fact that central banks, particularly in US, have been printing cash like there’s no tomorrow could mean a rise in inflation. Gold offers some protection against this.As excessive money-printing erodes the value of the dollar, the cost of gold in dollars rises with everything else. In other words, when the dollar gets weaker, gold gets stronger. This goes some way to explaining why the gold price has soared in recent months.So, how do I buy gold?One good way is to buy shares in a miner. In the large-cap space, there’s £8bn-cap Polymetal International. FTSE 100 peers Fresnillo and Antofagasta will also provide some exposure. In the FTSE 250, there’s Centamin.Those willing to endure volatility might want to take a look at minnows SolGold and Greatland Gold. The former is now 139% above its mid-March lows. Greatland has done even better, up 183%. Had you picked up the latter at the beginning of 2020, you’d be sitting on a stonking 384% gain!Personally, I adopt a more conservative approach.Right now, I have a holding in the iShares Gold Producers UCITS ETF. This invests in a basket of gold miners rather than just one, thus reducing capital risk. The fund is up 70% since mid-March.I also hold the iShares Physical Gold ETC, which tracks the price of the precious metal. This has an ongoing charge of just 0.19% and is up 17% since the crash. As always, the Fool UK team recommends holding whatever you buy in a Stocks and Shares ISA or Self Invested Personal Pension (SIPP). Any profits you make will then be free of tax. Buying gold has paid off so far this year and it doesn’t seem absurd to think its price will continue rising for a while. Perhaps the all-time high of almost $1,900 back in 2011 may be broken! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Paul Summers | Monday, 25th May, 2020 See all posts by Paul Summerslast_img read more

Villa N1 / Jonas Lindvall A & D

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/804929/villa-n1-jonas-lindvall-a-and-d Clipboard CopyHouses•Frösakull, Sweden Projects CopyAbout this officeJonas Lindvall A & DOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesFrösakullSwedenPublished on February 09, 2017Cite: “Villa N1 / Jonas Lindvall A & D” 09 Feb 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic RoyalSystems / Prefabricated PanelsKalwall®Translucent WalkwaysPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsLightsLouis PoulsenLamps – LP Slim BoxWoodBruagAcoustic Panels with LEDTiles / Mosaic / GresiteHisbalitMosaic Tiles – Palm SpringsMineral / Organic PaintsKEIMBlack Concrete – Concretal®-BlackSuspension SystemsMetawellAluminum Panels for Smart CeilingsDoorsGorter HatchesFloor Door – Fire RatedBricksDEPPEWaterstruck Bricks – 1622/1635ekws DFMore products »Save想阅读文章的中文版本吗?N1别墅 / Jonas Lindvall A & D是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Photographs Villa N1 / Jonas Lindvall A & DSave this projectSaveVilla N1 / Jonas Lindvall A & D Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/804929/villa-n1-jonas-lindvall-a-and-d Clipboard “COPY” Houses Manufacturers: panoramah!®, Architectural Solutions, Henkel, Stolab, Wastberg, Rappgo Products translation missing: en-US.post.svg.material_description 2014 ArchDaily “COPY” Villa N1 / Jonas Lindvall A & D Photographs:  Åke E:son Lindman Manufacturers Brands with products used in this architecture project Products used in this ProjectWindowspanoramah!®ah!60 – PerformanceArchitect In Charge:Jonas LindvallCity:FrösakullCountry:SwedenMore SpecsLess SpecsSave this picture!© Åke E:son LindmanText description provided by the architects. Villa N1, designed by Jonas Lindvall of Malmö-based architecture and design studio, Lindvall A & D, is a single-family summerhouse located on the west coast of Sweden. It is situated in an area that was once a popular holiday region, but is now inhabited all year-round. Drawing on the vernacular of the region, which is renowned for its wooden barns with horizontal planks, the 190 m2 single-storey house is built entirely of wood, including the façade and roof.Save this picture!© Åke E:son LindmanSave this picture!Axonometric ViewSave this picture!© Åke E:son LindmanVilla N1 comprises five interconnected pavilion-like volumes, organised in a sequence. The children’s bedrooms and master bedroom sit at either end of the main communal areas. Inspired by the typology of the traditional pitched-roof barn, its language is more modernist. The objective was to create a building that is rooted in history, while at the same time totally modern. This is particularly apparent within the interior. The architect created rhythm by mixing the depths of each volume. In addition, the architecture follows the sloping topography of the site, which to some extent differentiates the areas not only in plan, but also in section. On the west-facing side, the children’s playroom and master bedroom are placed at a lower level.Save this picture!© Åke E:son LindmanSave this picture!Floor PlanSave this picture!© Åke E:son LindmanWhile the use of wood for the external façade was integral to the concept, so was the choice of materials used within the interior. The austerity of the architecture allows the materials to stand out without distraction. The master bathroom is made entirely from Carrara marble. The objective was to create an opulent contrast to simplicity of the untreated wood façade, reminiscent of trinket boxes. Throughout the rest of the house, Pietra Serena stone floors within the hall and main areas continue beyond the windows that slide into pocket walls, linking interior and exterior spaces. The villa was completed in 2014.Save this picture!© Åke E:son LindmanProject gallerySee allShow lessGreenwich Peninsula Low Carbon Energy Centre / C.F. MøllerSelected ProjectsSTH_Stair House / Deline architecture consultancy & constructionSelected Projects Share Area:  190 m² Year Completion year of this architecture project Architects: Jonas Lindvall A & D Area Area of this architecture project Sweden Save this picture!© Åke E:son Lindman+ 12 Sharelast_img read more

Toy advert to raise funds for Great Ormond Street Hospital

first_imgwww.facebook.com/barclaycard AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Advertising christmas corporate  80 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Toy advert to raise funds for Great Ormond Street Hospitalcenter_img Howard Lake | 13 November 2012 | News A Christmas advertising campaign by Barclaycard and mobile music app Shazam will raise funds for Great Ormond Street Hospital. The campaign is set in a toy shop and promotes the ease of payment of Barclaycard’s mobile and contactless payment system.In the advert toy monkey ‘Mr B’ helps advise a father who is overwhelmed by the process of buying Christmas presents. Comic actor James Corden providers the voice for the monkey.Viewers are encouraged to interact with the advert by using the music recognition app Shazam to ‘tag’ the ad as it is broadcast in order to try to win prizes. Barclaycard will donate £5 to Great Ormond Street Hospital for each prize won. Advertisement 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.last_img read more

Plumber launches GoFundMe campaign to help keep elderly warm this winter

first_img A plumber from Lancashire has launched a GoFundMe campaign to provide plumbing free services to the elderly this winter and is also seeking more plumbers to join his community initiative Depher. Plumber James Anderson previously raised over £80,000 through crowdfunding after a tweet showing an invoice for £0.00 he sent to a 91-year-old woman went viral. He now wants to expand the scheme wider to help elderly and vulnerable people across the country with the aim of raising £30,000 through his GoFundMe page: enough to help an additional 1,000 households.James Anderson launched Depher, a community initiative to provide free plumbing to elderly and vulnerable people, in 2017 and since then has helped over two thousand families. The network currently offers the service to people in Lancashire, Manchester, Leeds, Nottingham and Scotland and is keen to recruit more plumbers throughout the UK. James AndersonJames Anderson, founder of Depher, said:“Last winter over fifty thousand people died because of the cold weather and this year is set to be even harsher. Many elderly people struggle to pay their heating bills, and if their boiler goes, they might not be able to afford to get it fixed, meaning they are left freezing. I urge people to donate to our campaign so we can help as many vulnerable people as possible.“We would also love to hear from any plumbers up and down the country who would like to join our scheme and volunteer their time.”Depher’s plumbers give their labour for free and receive £30 through the scheme to cover their expenses. If any additional paid work comes about as a result, 2% of the fee goes to Depher and is reinvested in the business.People who have been helped by James Anderson have written letters of thanks to him and left comments on the Depher Facebook page.Rochelle Ireland from Falkirk wrote: Advertisement Plumber launches GoFundMe campaign to help keep elderly warm this winter Tagged with: GoFundMe  416 total views,  2 views today About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.center_img “Hot water and heating weren’t working, and I was getting nowhere. My husband is disabled and I have a joint condition, as does our son. As soon as Depher heard our story, and the problems, they immediately agreed to help, even though we live in Falkirk, Central Scotland. Dread to think how long it would have taken us to get this sorted. Thank you doesn’t cover it – you have taken a huge weight off at a very difficult time!” AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Melanie May | 28 November 2019 | News  417 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1last_img read more

Crude Oil Hits 5 Month High

first_img Facebook Twitter By Gary Truitt – Apr 9, 2014 Crude Oil Hits 5 Month High Facebook Twitter Oil futures settled above $103 a barrel on Wednesday at their highest in five weeks, finding some support from lingering concerns over unrest in Ukraine and talk that the reopening of Libyan ports may be delayed. Traders also assessed U.S. government data showing a weekly climb in crude supplies that was bigger than expected, but less than what a trade group reported a day earlier. The main focus for traders, however, remained on the “geopolitical tensions between Russia and Ukraine,” said Naeem Aslam, chief market analyst at AvaTrade. Speculation that the market “may not see the supply hitting the market from Libya” also supported oil prices.Crude oil for May delivery CLK4 +0.87%  added $1.04, or 1%, to settle at $103.60 a barrel on the New York Mercantile Exchange after touching a low of $102.03 in electronic trading. Prices settled at the highest level since March 4. May Brent crude UK:LCOK4 +0.16% , the European benchmark, rose $1.85, or 1.8%, to $107.67 a barrel on the ICE Futures exchange. Home Energy Crude Oil Hits 5 Month High SHARE SHARE Previous articleGenetically Modified Labeling Bill Introduced in HouseNext articleIndiana Meat Products Now USDA Approved Gary Truittlast_img read more

“Active Shooter Alert” bill signed by Abbott

first_img Twitter “Active Shooter Alert” bill signed by Abbott Local News Facebook Pinterest Pinterest By Odessa American – May 25, 2021 Previous articleGOOD NEWS: Officer InstallationNext articleORMC general surgeon performs 1,000th robotic procedure Odessa American AUSTIN House Bill 103, a bill filed by State Rep. Brooks Landgraf, R-Odessa, to create the Texas Active Shooter Alert System, was signed into law by Gov. Greg Abbott on Monday, a press release detailed.Landgraf’s bill, which is referred to as the Leilah Hernandez Act, reportedly received unanimous support at every stage of the legislative process.“The passage of the Leilah Hernandez Act means that Texans will be able to receive timely alerts, similar to Amber alert messages we currently receive, if there is an active shooting taking place in their area,” Landgraf stated in the press release. “This alert system could have saved the lives of some of my constituents back in 2019, like high school student Leilah Hernandez. The goal of this legislation is to save lives and prevent mass violence while protecting the constitutional rights of law-abiding Texans.”Landgraf crafted HB 103, the Leilah Hernandez Act, after working with constituents and families of victims from the August 31, 2019 mass shooting in Odessa and Midland, the press release stated.Leilah Hernandez, a 15-year-old Odessa High School student, was the youngest victim killed that tragic day. Leilah’s mother, Joanna Leyva, provided powerful testimony in support of the bill at the Texas Capitol, explaining how an active shooter alert system could have saved Leilah’s life.“I am proud to sign the Leilah Hernandez Act into law, and I thank Representative Landgraf for championing this legislation,” Gov. Abbott stated in the press release. “With the Leilah Hernandez Act, the Lone Star State will now have an Active Shooter Alert System that will notify Texans of violent threats in their communities and help save lives. We will never forget the lives tragically cut short in the Midland-Odessa shooting, including 15-year old Leilah Hernandez. And we will never stop working towards a safer future for our state.”HB 103 would require the Texas Department of Public Safety to develop and implement the Active Shooter Alert System. The alerts are intended to be issued quickly via SMS text and other available communications to the public in proximity to an active shooter situation.“I want to thank everyone who had a hand in the passage of this legislation, especially Leilah’s family and other victims and witnesses of the Odessa shooting. Speaker Dade Phelan, Senator Judith Zaffirini, Chairman James White, Governor Abbott, and many others played important roles in getting this bill over the finish line. Now it is time to get the system in place so we can start saving lives,” Landgraf stated in the press release. WhatsApp Twitter WhatsApp Facebooklast_img read more

Alleged sexual assault being investigated in Letterkenny

first_img Google+ Pinterest By News Highland – July 16, 2012 WhatsApp Twitter News Pinterest Facebook Alleged sexual assault being investigated in Letterkenny HSE warns of ‘widespread cancellations’ of appointments next week Google+ Dail to vote later on extending emergency Covid powers center_img Facebook WhatsApp Twitter Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derry Gardai have confirmed they are investigating an alleged sexual assault in the vicinity of Speer’s Lane in Letterkenny.The lane remains closed as forensic tests continue following the alleged assault at around 2.30 this morning.Gardai have not yet said when the area will be reopened. Previous articleAthletics – Super Fifth For English At World JuniorsNext articleHugh Green’s contribution to LGH recognised by Clinical Research Academy News Highland RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail hears questions over design, funding and operation of Mica redress scheme last_img read more

Delhi HC Grants Ad-Interim Injunction To Radico Khaitan Restraining The Sale Of “Vintage Moments” Alcohol [Read Order]

first_imgNews UpdatesDelhi HC Grants Ad-Interim Injunction To Radico Khaitan Restraining The Sale Of “Vintage Moments” Alcohol [Read Order] Karan Tripathi20 Oct 2020 8:29 AMShare This – xThe Delhi High Court has passed an ad interim order restraining the manufacturing, marketing, sale etc. of alcohol under the mark ‘VINTAGE MOMENTS’ in a suit filed by the manufacturers of the alcohol brand Magic Moments. The single judge bench of Jus. Mukta Gupta in passing the interim order recorded that plaintiff had successfully made out a prima facie case in its favour based…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 Delhi High Court has passed an ad interim order restraining the manufacturing, marketing, sale etc. of alcohol under the mark ‘VINTAGE MOMENTS’ in a suit filed by the manufacturers of the alcohol brand Magic Moments. The single judge bench of Jus. Mukta Gupta in passing the interim order recorded that plaintiff had successfully made out a prima facie case in its favour based on the documents filed and the sales figure shown by them. The order for ad interim injunction on the ground that that the balance of convenience was in the favour of the plaintiffs and if no injunction was granted, the plaintiff was likely to suffer irreparable loss. The plaintiff Radico Khaitan claimed to be one of the India’s largest liquor companies having 400 wholesale distribution centres and accounts for 95% of the retail outlets all over India. They had been in the business of selling gin, vodka etc. under the trademark ‘MAGIC MOMENTS’ which was claimed to have been adopted by them since 1997 and in use as word mark along with its variants as well as a device mark. Their plaint also stated that the company had recorded the sales figure of Rs 1,71,238.26 lakh in India and Rs 2,169.28 lakh overseas during the year of 2019-20. The plaintiff had brought forth their grievance against the defendants Vintage Distillers Ltd. for adopting the mark ‘VINTAGE MOMENTS’ for the identical goods. They highlighted in their averments that the said mark stood objected by the Trademark Registry showing that predominant marks registered with the word ‘MOMENTS’ belongs to the plaintiff. It was on the basis of these averments of the plaintiff that the court has ordered for an ad interim injunction and has also issued summons in the trademark infringement suit. The matter will now be heard next on February 17, 2021. The plaintiff was represented by Advocates Anirudh Bakhru, Ishani Chandra, Ankit Rastogi, Ayush Puri, Raghu Vinayak Sinha and Ritika Sharma. The defendant was represented by Advocate Ankit PopliClick Here To Download Order[Read Order]Next Storylast_img read more