Saturday, October 4, 2014

Changing Concepts , endlessly being changed ; et al



Thor Heyerdahl's 100th Birthday



Read more: http://www.washingtontimes.com/news/2014/oct/20/editorial-hands-off-the-internet/#ixzz3Gm8JTsDN
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On the bright side, it also probably signals the court’s realisation that international commitments on confidentiality should be observed. This is not enough. The court must restrain itself from stepping into the executive’s domain. It does not work and brings discredit, ultimately, to both the judiciary and the executive.




Lci

TOI


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Oct 15


HUMAN RESOURCE
Rajeev Bhardwaj


Employee productivity is a crucial aspect of the success dynamics of a company and it takes m... »

 
"Public Interest"

The problem of unethical and anti-competitive pricing practices by drug-makers, which had promote... »

Same way as any other concept, particularly having a legal implication, the concept of “public interest” will require to be understood having regard to the most important consideration , - the given context.
To elaborate: The word “public” may have to be read and understood differently, in different contexts. The normal  tendency , -but in one’s firm view / long standing conviction  not rightly so,- is to construe it to always refer to the whole f the public/populace of the nation/ or of the universe. For instance, in the case on hand, the point of concern pertains to drugs /its pricing. Principally, the section of the people directly and immediately concerned , having vested interests so to say,  is only that section having something to do with the drug or its price.- in direct contrast, taxation is something which would have a much wider relevance. As such, the concept of “public interest” might have to be construed on a case to case basis; not in isolation/on a standalone basis. If so done, perceptions/perspective could mutually vary.
Now, turning to the specific topic, there are two parties – the manufacturer on the one hand and the consumers of those drugs on the other. In view thereof, to begin with, to decide what is desirable the ‘objective view’ to be taken, it is the interests of only those two parties should be kept in spotlight as of predominant concern.
What is “objective”? Of course, the deciding person, an intermediary, unrelated, would be obliged/expected to put himself in place of either and then both. He is not to do what age old “monkey justice “connotes”.  Much less, what if cunning (as opposed to ‘intelligent’) would do if given power or authority to head and lead a herd of sheep.
If were international transaction, the meaning should be all the wide to take in the pubic across the Globe – all nations ?


Musings

If mindfully studied, are to be found the following concepts, ideas, have come to be covered in several contexts, increased emphasis placed on, inter alia, -

public interest
related parties
audit and accounting standards
exposure to personal  answer-ability, accountability, consequences , so on

Wisdom if not gained with foresight, requires to be gathered in insight, from past experience- that is, of public, private

private - devout participation of  people active directly in the field can be expected to make a valuable contribution. e.g. professionals endowed with the quality of high IQ level, having a public-centric (X self-centric)approach / outlook conventionally used, which , as noted to be continued in use, lavishly strewn may hamper or  serve as a dampener -

Ref. Chapters (Companies Act, 2013)

AUDITORS

DIRECTORS

MISC. >

  • material
  • misstatement
  • public interest
  • public x private
  • shareholder x stakeholder
  • fraud-
  • false statement

HIERARCHY , STAGES OF PURSUIT - APPEALS, SO ON
GOOD FAITH
DELEGATION
LEGAL X LEGITIMATE
PRINCIPLES OF NATURAL JUSTICE

NO DOUBT NOT AMENABLE TO ANY PRECISE EXPLANATION OR DEFINITION; EVEN SO,..

No denying the moment of truth hath come; as repeatedly ever before but knocks at the door left unheard.unheeded >

Source (s- aplenty) Of Inspiration (if minded to be truly inspired ?) :
 


Sondre Lerche - Modern Nature Lyrics

To reiterate, in order to reinforcing (albeit at the cost of warily repeating):

In short, the time is not but fully ripe now, than ever or if not before, for taking with the utmost seriousness the “right (nay, righteously wise ) signals” transmitted by the highest court of the nation, to strive for and accomplishing the “course correction(s)” – deliberately being short (over?) sighted hence remained long outstanding.

Add-ons>

Infosys faces a beating again

Even as many believe that the fresh lawsuit filed by Infosys' former employee, Jack Palmer, could be dismissed in a US court yet again, experts ...

 


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