Premium Essay

Omc Act 2009 Case Study

Submitted By
Words 741
Pages 3
BP4 – QLD
Towards the end of 2009, following a series of incidents involving OMCGs Queensland introduced the Criminal Organisation Act 2009 (QLD) (the QLD Act), on the 3rd of December. After a number of concerns from the QLD legal profession strongly opposing the legislation and speculations of it leading to police corruption, the QLD Act was amended in 2011. The Criminal Organisation Amendment Bill 2011which broadened the criminal intelligence provisions and sought to avoid any High Court challenges that both SA and NSW had previously faced. However these provisions they amended in the new legislation led to serious concerns from the legal profession who believe that they are ‘contrary to the rule of law principles and deny fundamental …show more content…
However the constitutional validity of this Act is often questioned considering they have broadened the terms of imprisonment and removed the possibility of parole. This legislation has caused controversy within the legal profession as many critics argue that it infringes the individuals right to freedom of speech, freedom of association and the right to remain silent. The effective of this particular legislation has been questioned a number of times, considering only 11 OMCGs members, approximately 1%, out of 1,113 criminal gang member had been charged under the new VLAD legislation (see: Effectiveness of Queensland’s Anti-bikie Laws: Fact or Furphy - 2014). After being charged under the provisions of the VLAD legislation Stephan Kuczborski took the Queensland Government to the High Court, in the case of Kuczborski v State of Queensland (2014) HCA 46. However the High Court failed to come to a decision concerning the validity of the challenged provisions (see: Kuczborski v Queensland: VLAD Law Challenges Door Still Open? - 2014). Both legislations discussed have been highly criticised for their lack of effectiveness and unconstitutional legal

Similar Documents

Free Essay

Time Value of Money

...Business Report “Examining the causes of Failure” On Vedanta Alumina Lanjigarh Project Submission date 13th December, 2010 Submitted bySId- 7636657 1 Executive Summary – MOE&F, INDIA rejected the application for Stage-2 (Final) Environmental Clearance and withdrew all the previous clearances for mining in Niyamgiri Hills given to Vedanta Alumina Ltd. (VAL) a subsidiary of Sterlite Industries INDIA Ltd. (SIIL) citing various facts and reasons. This report provides an in depth analysis of the factors that lead to the debacle of Vedanta Alumina Lanjigarh Project. In the collation and presentation of data Secondary sources have been largely used. Vedanta, being a big Corporate house with ample experience was well aware of the rules and legislations prescribed under the law but deliberately Indulged in malpractices and ignored the key issues when it came to the Implementation of the Robust Business Strategy as a part of unnecessary haste. This project is a complete failure as the main purpose of setting up of refinery at Lanjigarh was the mining from nearby Niyamgiri Hills which was rejected by MOE&F, INDIA. Main factors that contributed to the failure of Vedanta Project are primarily indulging in unethical and illegal practices to kick-off the project and ignoring the key stakeholders of the project i.e. Dongria Kondhs who are the inhabitants of the Niyamgiri Hills (Proposed mining Lease Area). The only ray of hope for Vedanta to make this project a success in...

Words: 4966 - Pages: 20

Premium Essay

Financial Analysis

...“Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” Submitted for partial fulfilment of the Award Of Master of Business Administration DEGREE (2011-2013) Submitted By ArushiBhutani 1103270034 UNDER THE GUIDANCE OF Internal Guide:JayaPandey School of Management ABES ENGINEERING COLLEGE, GHAZIABAD (ISO 9001:2000 certified) AFFILIATED TO MAHAMAYA TECHNICAL UNIVERSITY, NOIDA Candidate’s Declaration/Certificate I “ARUSHI BHUTANI” hereby declare that the work which is being presented in this report entitled “Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” is an authentic record of my own work carried out under the supervision of Ms. “JAYA PANDEY”. The matter embodied in this report has not been submitted by me for the award of any other degree. Dated: ARUSHI BHUTANI MBA Department This is to certify that the above statements made by the candidate are correct to the best of my knowledge. Prof. Rakesh Passi JAYA PANDEY Head of Department Designation: Date: Department: Date: ACKNOWLEDGEMENT “Interdependence is a higher value than independence” Some says “Managers are born and some says managers are made”. I was also in some dilemma before commencing my Summer Internship Project. But after the successful completion of my summer internship project, I came to know that managers are made if they are guided...

Words: 17043 - Pages: 69

Premium Essay

Nestle Csr

...Pakistan State Oil (PSO) Company Profile: Pakistan State Oil (PSO) is the largest Oil Marketing Company (OMC) in Pakistan with a well-established infrastructure, wide spread retail network and a dominant position in majority of the products markets with an overall market share of 60%. Currently PSO is engaged in the storage, distribution and marketing of Petroleum, Oil and Lubricant (POL) products including Motor Gasoline(Moggs),High speed Diesel(HSD),Furnace Oil(FO),Jet Fuel, Kerosene Oil, CNG, LPG, Petrochemicals and Lubricants. PSO has the largest storage capacity amongst OMCs in Pakistan with 9 installations and 23 depots, so can store approximately 1 million metric tons which represents 74% of the nation’s total storage capacity. Being the first OMC to commission a Compressed Natural Gas (CNG) facility in January 1996, PSO now has 257 CNG stations operational in more than 34 cities and towns across Pakistan. The company has won the “Karachi Stock Exchange Top Companies Award” for 10 consecutive years and is also the only Pakistani company that is a member of the World Economic Forum. PSO is a blue chip company in both name and spirit and also the first public company to pass the trillion rupee revenue mark. 1 VALUES: Excellence: They believe that excellence in their core activities emerges from a passion for satisfying their customers' needs in terms of total quality management. “PSO foremost goal is to retain corporate leadership” Cohesiveness: They endeavour...

Words: 4455 - Pages: 18

Premium Essay

Preface

...the course curriculum, the second year MBA students are required to undertake a study on macro analysis of a particular industry and thereby, prepare a project report on the chosen industry. The objective behind preparing this project report is to relate the management subjects taught in the classroom to their practical application and to get insight into practical situation. Petroleum Industry is considered to be the back bone of an economy because this is the main source of energy till date. Any economy around the world would fail to advance a single step in the absence of Petroleum Industry. The Petroleum Industry is divided into two segments namely Upstream Sector consisting of Exploration and Production of crude oil while the Downstream Sector consists of Refining, Processing, Storing, Marketing and Distribution of petroleum products. The most important part of the Petroleum Industry is the Petroleum Refining Industry which refines the crude oil to convert it to the usable fuel. It also derives many derivative products out of the crude petroleum like natural gas, naphtha, etc which can be used in various ways. Hence, for these reasons, we have chosen the Downstream Sector of the Indian Petroleum Industry for our Macro Analysis project. As this is a Macro Analysis project, we have concentrated on the Indian Petroleum Industry and that too focusing on the Downstream Sector for our study and not gone into the in depth analysis of the various players and their functioning...

Words: 2100 - Pages: 9

Premium Essay

Impact of Global Financial Crisis on Pakistan

...Impact of Global financial crisis On Pakistan By: Nauman Ayubi Butt Roll # 8511 Table of contents 1) Reason of choosing this topic 2) Introduction 3) The term ‘Financial Crises’ 4) Financial Crisis 2007-2009 5) Causes of the crisis 6) The crisis getting global 7) The Financial crisis and Pakistan: 8) Sectoral impact of the crisis in Pakistan: 9) External sector impact i) Exports ii) Imports 10) Financial Sector impact on i) Foreign exchange ii) Banking sector iii) Circular debt iv) Stock market: 11) Inflation 12) Economic business sector impact i) Impact on textile industry 13) Social Sector Impacts 14) Poverty and unemployment: 15) IMF 16) Technique to tackle the situation Reason for choosing this topic: The reason for choosing this topic is that it has a direct relationship with the poverty, unemployment, literacy, wealth distribution and also with the increased level of terrorism in Pakistan. Introduction: Capitalism is an economic system in which land labor production pricing and distribution are all determined by the market. There is a strong history of capitalism that it can shift from extended period of rapid growth to very short periods of contraction The global financial crisis in 2008-09 which are still on the go, they actually started from the 20th century and they have been increasing since then. In the end of 20th century the U.S housing prices after a multiyear started declining, the mortgage prices had been at...

Words: 5046 - Pages: 21

Free Essay

Use of Fly Ash in Civil Engineering

...Abstract The aim of the Project is to find out the geo-engineering properties of fly ash, which can act as a stabilizer to many soils in geo-engineering field. The project describes the use of local fly ash in construction industry in a way to minimize the industrial waste. Their been serious shortage of natural material, which are used in Highway or Earth dam construction. Due to soil excavation, deforestation occurs which affects the bio-diversity. Industrial waste such as fly-ash, slag etc can be effectively used in soil stabilization. Several geo engineering Labrotory experiments were performed on fly ash to determine its properties, which may be used in road construction, earth dam construction, soil stabilization etc. If these materials can be used in highway or dam construction, it will be a great effort in minimizing the industrial pollution. Fly ash was collected from captive power plant from the dump pad of Rourkela steel plant. These are stored in air tight container after being oven-dried. Experiments such as determination of compaction properties, CBR analysis, Un-confined compressive strength test, permeability etc are done in order to determine the geo-engineering properties of fly ash, which can taken account in the construction field. A brief comparison is made between fly ash and other soil properties which are used as sub-grade, base in Highway construction. Introduction Electricity is the key for development of any country. Coal is a major source of...

Words: 11302 - Pages: 46

Premium Essay

Aviation in Industry

...Indian Aviation Industry Name: .................. Guide: Prof. ......... Roll Number: ..... Session: .............. Dept.: B.Com PREFACE This training manual introduces Aviation Industry.The module is meant to give all its users a firm grounding on Aviation Industry. The manual starts with the key concepts of basic Information of Aviation Industry.A major portion of this material revolves around goals & objectives of Aviation Industry. The next part of this manual covers Air facts. Final part of this book deals with benefits of Aviation Industry. The material also offers in-depth coverage of the issues related to uniqueness of aviation industry. It contains related examples and real life scenarios. Target Audience * Enrolment Operators * Enrolment Agency Supervisors * Registrar’s Supervisors * Introducers * Technical Support Staff Dependent or Related Modules To read this manual, no prior knowledge about Aviation is required. This is the first Module of the training program on Aviation and is common for all participants. All the following modules presumes that this module has been completed by the participant. ACKNOWLEDGEMENT At the successful completion of this project, I would like to express my sincere gratitude to all the people without whose support this project would not be completed. At the onset, I would like to thank my institute “St. Xavier’s College, Kolkata, the Principal Rev. Fr. Dr. J. Felix Raj S. J. and...

Words: 12613 - Pages: 51

Premium Essay

Tev Study

...Part-A: - Executive Summary: 1. Project background & promoters 1.1 PROJECT AT GLANCE 6 MVA * 1 Sub merged Arc Furnace for Manufacture of Ferro Manganese, Silico Manganese SHARANYA NATURAL RESOURCES & INFRA PROJECTS PRIVATE LIMITED H NO 1-2-110 Shanthi Nagar, Adilabad Andhra Pradesh 1. Sri Sanjay Kumar Makhariya 2. Sri P Shankar 3. Smt P Uma Adilabad, Andhra Pradesh Ferro Alloys - Silico Manganese (SiMn.) / Ferro Manganese (FeMn.) Used in Steel Industry 6*1 MVA Furnace Sub merged Arc Furnace for Ferro Manganese, Silico Manganese (4800 TPA SiMn and 7000 TPA FeMn based on equal utilization for both the products) Rs. 1792.33 Lakhs (Say 1792 lakhs) 60% 85% 90% Rs.868.00 lakhs Existing Proposed Term Loan – NIL Rs. 925.00 Lacs CC Limit – NIL Rs. 403.00 Lacs LC/FLC -NIL Rs. 50.00 Lacs One (1) Year Moratorium from Commercial production + 6 Years – Total Seven (7) years from Commercial production Name of the Company Registered Office Names of the Board of Directors Plant location Product Application Installed capacity Project Cost Capacity utilization of Year 2013-14 Year 2014-15 Year 2015-16 & onwards Promoter’s Contribution Banking limit - Term loan - Cash credit - LC/FLC Repayment Period Debt-Equity Ratio Project total (overall) TERM Loan (only) 1.53 : 1 1.07 : 1 3.49 times 5.05 times 40.51% Average DSCR - Gross - Net IRR SHARANYA NATURAL RESOURCES & INFRA PROJECTS PRIVATE LIMITED H NO 1-2-110 Shanthi Nagar, Adilabad Andhra Pradesh Page 1 of 76 1.2. ABOUT...

Words: 26448 - Pages: 106

Free Essay

Bleser Park Pedestrian Bridge Design Project

...Senior Design Project Submittal May 4 2012 Bleser Park Pedestrian Bridge The following is a 2011-2012 Senior Design Project report for the Fenn College of Engineering at Cleveland State University. Senior Design Project Submittal 2012 Table of Contents 1.0.0 Introduction........................................................................................................................................ 5 1.1.0 1.2.0 2.0.0 2.1.0 2.2.0 2.3.0 2.4.0 Objective .................................................................................................................................. 5 Group Members ...................................................................................................................... 5 Project Description ..................................................................................................................... 6 Assignment .............................................................................................................................. 6 Existing Bridge ........................................................................................................................ 7 Proposed Bridge ..................................................................................................................... 8 Owner Requirements ............................................................................................................. 9 2.4.1 Safety .....................................................

Words: 13525 - Pages: 55

Premium Essay

Mospi Anuual Report

...ANNUAL REPORT 2011-12 Government of India Ministry of Statistics and Programme Implementation Sardar Patel Bhawan New Delhi - 110001 Website: http//mospi.gov.in. CONTENTS Chapters Page Vision Mission Introduction Development and Highlights National Statistical Commission Central Statistical Office National Sample Survey Office Coordination of Statistical Activities Computer Centre Statistical Services Indian Statistical Institute Twenty Point Programme Infrastructure and Projects Monitoring Member of Parliament Local Area Development Scheme Hindi Promotion Other Activities ANNEXES I IA IB IC ID IE IF IG IH II IIIA IIIB IVA IVB IVC V VI VII VIII Organisation Charts Ministry of Statistics & Programme Implementation Administration National Statistical Commission Central Statistical Office National Sample Survey Office Computer Centre Programme Implementation Wing Abbreviations used Allocation of Business to the Ministry Project, Seminar/Conference/Workshop and Travel Grant Assistance sanctioned during 2010-11 Project, Seminar/Conference/Workshop and Travel Grant Assistance sanctioned during 2011-12 (Up to December, 2011) Statement of Budget Estimate (SBE) -2011-12 Total Plan Gross Budgetary Support (GBS) for 2010-11 (BE and RE) for North-Eastern Region. Total Plan Gross Budgetary Support (GBS) for 2011-12 (BE and RE) for North-Eastern Region. Performance of Monthly Monitored Items under TPP-2006 (April, 2010 to March, 2011) Performance of Monthly Monitored Items under TPP-2006...

Words: 58344 - Pages: 234

Premium Essay

Papers on Customer Loyalty in Cellular Services

...markets for longterm finance remain causes for concern. There is need to develop infrastructure to complement and sustain the economic growth momentum. Efforts—legislative, administrative and executive—are on to minimize the infrastructure deficit, ameliorate bottlenecks in completion of projects and nurture core industrial intermediates and infrastructure services. 10 CHAPTER 10.2 The stimulus measures announced by the national authorities worldwide to combat the economic slowdown contained infrastructure buildup plans. In line with the rest of the world, the Union Budget for 2009-10 substantially stepped up allocation for many infrastructure sectors over the Budget estimates for the previous year, especially for the National Highways Development Programme (NHDP), Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and Accelerated Power Development and Reform Programmes (APDRP). 2009 has been about 1,490 km (Table 10.1). Against the target of awarding projects for a length of about...

Words: 24084 - Pages: 97

Premium Essay

Fianacial Analysis of Gail Ltd

...1. INTRODUCTION Financial analysis is defined as the process of discovering economic facts about an enterprise of a project on the basis of an interpretation of financial data. It also seeks to look at the capital cost, operations cost and operating revenue. It is vital for assessing the performance of the company and hence provides valuable information to the investors and to the company for future references. Financial Analysis is the process of evaluating businesses and other finance-related entities to determine their suitability for investment. Typically, financial analysis is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to be invested in. One of the most common ways of analyzing financial data is to calculate ratios from the data to compare against those of other comparable companies. In Infinancials, financial ratios are categorized according to the financial aspect of the business which the ratio measures: Profitability, Asset Utilization, Capital Structure on a specific tab, Financial Ratios.  Financial analysis allows for comparisons between companies, between industries and also between a single company and its industry average or peer group average. My work concentrates on financial and physical result of the company for a decade. They have been analyze to review its performance over the years and to find the areas in which it is lacking in comparison to other major players in same field. Gail (India) Ltd. Is...

Words: 16792 - Pages: 68

Free Essay

Risk Management

...Ongoing Concern: Risk Management at Pakistan International Airlines1 Ch. Ahmed Mukhtar, Chairman Pakistan International Airline Corporation (PIAC) was reading the final version of the PIAC audited annual report. He immediately called the Managing Director, PIAC to arrange a meeting to discuss the auditor’s report. The particular part of auditors’ opinion that caught his attention was the following: “We draw attention to note 1.2 to the unconsolidated financial statements, which states that the Corporation incurred a loss of Rs. 26,767.207 million during the year ended December 31, 2011, resulting in accumulated loss of Rs. 119,016.727 million as of December 31, 2011, and as of that date, the Corporation’s current liabilities exceeded its current assets by Rs. 88,221.403 million. These conditions indicate the existence of a material uncertainty which may cast doubt about the Corporation’s ability to continue as a going concern. Our opinion is not qualified in respect of this matter.” The agenda of the meeting was quite clear i.e., how to keep PIA solvent. PIAC Brief History2: In 1946 Quaid-e-Azam Muhammad Ali Jinnah realized the need for an airline network for the forming country and ask for the help of an industrialist Mirza Ahmad Ispahani to develop a flag carrier for the nation. Meanwhile, an airline called “Orient Airways”', registered in Calcutta, was formed on 23 October 1946. In May 1947 the airline was granted a license to fly. This was the first post-war airline flight...

Words: 8250 - Pages: 33

Premium Essay

Shopaholics

...INSURANCE ADVISORS EFFECTIVENESS FOR PUBLIC AND PRIVATE INSURER: A DEMOGRAPHIC STUDY Krishan Kumar Pandey*Manisha Pandey** Manish Kerwar***Ashutosh Khare**** Dharmendra Singh***** Abstract : Few years back insurance was an arcane word for all of us. Insurance is no longer an unexciting business and the insurance advisor an apologetic salesman. New entries have actually changed the rules of the game in the insurance industry. One such change that has made a huge positive impact in the minds of Indian consumers is the product innovation by the insurance companies. New products are being launched; new distribution channels opened and thousands of sales advisers and managers are being recruited every month. This rapid change is demanding new regulations, new methods of management, new methods of operation and ofcourse considerable development in knowledge, attitude and skills of the workforce. Such times demand business/ output focused people who think widely, are confident about taking risks and decisions and prioritise their own and others’ actions to achieve the business need. Without these attributes the growth pattern that has begun will not be sustained. So are these attributes being developed in people? People know what they should do but they do not necessarily know how to do it. This study is well ahead to evaluate the effectiveness of Insurance Advisors. *, * * Faculty in Prestige Institute of Management, Gwalior * * * , * * * * , * * * * * Alumni, Prestige Institute...

Words: 63042 - Pages: 253

Premium Essay

The Economic Benefits of Environmental Policy

...ENV.G.1/FRA/2006/0073 - 2nd FINAL REPORT November 2009 Matt Raymenta, Elke Pirgmaierb, Griet De Ceusterc, Friedrich Hinterbergerb, Onno Kuikd, Henry Leveson Gowera, Christine Polzinb, Adarsh Varmaa a b c d GHK Sustainable Europe Research Institute (SERI) Transport & Mobility Leuven VU University Amsterdam, Institute for Environmental Studies (IVM) Institute for Environmental Studies Vrije Universiteit De Boelelaan 1087 1081 HV AMSTERDAM The Netherlands Tel. ++31-20-5989 555 Fax. ++31-20-5989 553 E-mail: info@ivm.falw.vu.nl Internet: http://www.vu.nl/ivm vrije Universiteit amsterdam Contents Executive Summary 1. 2. 3. 3.1 3.2 3.3 3.4 3.5 3.6 4. 4.1 4.2 4.3 4.4 4.5 4.6 5. 5.1 5.2 5.3 5.4 5.5 5.6 6. 6.1 6.2 6.3 6.4 6.5 6.6 7. 7.1 7.2 7.3 7.4 7.5 8. 8.1 Introduction Environmental Policy and the Economy Environmental Policies and Productivity Description and background Policy instruments Review of evidence from the wider literature Evidence from examples and case studies Scale of economic benefits to date and assessment of the further potential Beneficiaries and timescale Environmental Policies and Innovation Description and background Policy instruments Review of evidence Examples and case studies Scale of economic benefits Beneficiaries and timescale Environmental Policies and Employment Description and background Policy instruments Review of evidence from the wider literature Evidence from examples and case studies Scale of economic benefits to date and assessment...

Words: 78697 - Pages: 315