Sunday, July 31, 2011

Abatement of Suit - Order 22 Rule 3 of CPC


2011(4) CURRENT TAMILNADU CASES – Page 531
Order 22 Rule 3 of CPC – Suit for partition – Application filed to implead legal representatives of plaintiff for passing final decree, dismissed by trial court as hit by limitation – Revision preferred – Provisions of Order 22 Rules 3 & 10 distinguished – Suit for partition does not abate even though legal representatives are brought on record – Impleading application maintainable – Order of Trial court rejecting application, held, not sustainable.

Rejection of Plaint - Order & Rule 11 (b) of CPC


2011(4) CURRENT TAMILNADU CASES – Page 536
Order 7 Rule 11 (b) of CPC – Plaint rejected without granting opportunity to pay deficit court fee – Mandatory provision contemplated under Rule 11(b) not followed – Order of trial court set-aside. Trial court rejected plaint under Order 7 Rule 11 (b) of CPC without granting opportunity to pay deficit court fee – Revision preferred – Alternative remedy by way of appeal may not be effective an remedy – Suit on hand is one for declaration and injunction – Trial court without evidence dismissed suit- Appellate court cannot decide issue without evidence – Appeal remedy available may not be an effective remedy – To prevent abuse of process of court and to prevent mis-carriage of justice, held, revision maintainable.

APPLE & US GOVERNMENT


Apple has more cash than US government today

New York, July 29 (IANS) As of today, Apple boss Steve Jobs is richer than Uncle Sam.
While the world's most powerful government has just $73.76 billion in its reserves, the world's top technology company has a neat cash pile of $75.87 billion Thursday.
The US Treasury Department Thursday warned that it has now only this much operating budget as Republicans and Democrats fight over raising the nation's debt ceiling. With only that much reserve at its disposal, the Obama White House has warned the Republicans that the US government won't be able to meet its obligations as of Aug 2.
Facing a government default, Obama can definitely turn to Steve Jobs to give him a very brief breathing space.
The failure by the Republicans and Democrats to come to a compromise to raise the current $14.3 trillion debt ceiling by Aug 2 could lead to a hike in interest rates. The already battered dollar may also plunge further.
With its market capitalisation of $363.25 billion, Apple is the second largest company on the planet after American oil giant Exxon Mobil. The Cupertino-based Apple started rising suddenly in 2007 when it entered the smart phone market with the launch of its first version of the iPhone.
Within three years, Apple went on to overhaul BlackBerry company Research In Motion (RIM) which invented the smart phone and dominated the market.
But its fortunes skyrocketed last year with the launch of the iPad tablet which has sold in millions. In fact, the iPhone and the iPad have made Apple the czar of mobile computing technology as rivals play up catch-up.
The stock of the company, which doesn't pay dividends, has now touched $400.
After Apple, another non-financial company sitting on a huge cash reserve is Microsoft whose own pile is about $40 billion.
Courtesy: www.yahoo.com

Thursday, July 28, 2011

WHALE SHARK


Whale Shark


True Wild Life | Whale Shark | The whale shark is the largest species of fishwith some adult whale sharks growing to nearly 50ft long! The whale shark is thought to have developed around 60 million years ago making the whale shark one of the oldest species on Earth today. The whale shark spends it's life swimming through the open oceans in search of fish and squid. Unlike many other species of shark, the whale shark is known to feed on large shoals of tiny fish rather than hunting bigger fish and sea mammals. This makes the whale shark a filter feeder similar to whales and smaller sea animals.


The whale shark inhabits the warm, tropical waters around the equator and despite often being found close to coastlines, the whale shark is also known to dive to depths of up to 700 meters (that over 2,000ft deep). In this part of the ocean, food is more scarce and the whale shark will therefore only venture to such depths if hunting in the shallower waters is not possible. The whale shark is the perfect example of a so-called friendly shark and to date have posed no significant threat to humans (mainly divers). The whale shark is most commonly spotted around the Gulf of Mexico and the Indonesian Islands where the whale sharks have been known to be almost playful towards humans.


Female whale sharks incubate their eggs inside them rather than outside. This means that whale sharks effectively give birth to live young. Inside the female whale shark are hundreds of eggs but only a few actually turn into baby whale sharks. The remaining eggs are thought to be there so that when the whale shark pups hatch, they have something to eat. The female whale shark gives birth to an average litter of 12 whale shark pups that are around 60 cm long.


Whale sharks grow quickly during their first few years and soon the whale shark pups are extremely big and therefore less likely to be hunted by marine predators such as other shark species and killer whales. Whale sharks tend to live for around 60 to 80 years but have been known be more than 100 years old.