New Delhi: The Delhi High Court Monday dismissed the pleas of rebel AAP MLAs Anil Bajpai and Col Devender Sehrawat who sought recusal of the Legislative Assembly Speaker from disqualification proceedings against them.Justice Vibhu Bakhru said there was “no infirmity” in the procedure adopted by Speaker Ram Niwas Goel and rejected the MLAs’ contention that he should have first decided their application, alleging bias on his part, before going ahead with the proceedings. Also Read – Bangla Sahib Gurudwara bans use of all types of plastic itemsThe court said there was no law which said that the Speaker has to decide the issues “piecemeal” and added that he can comprehensively decide the entire matter. It said however that “the Speaker will address all the contentions advanced by the petitioners (MLAs)”. The court also noted the submission made on behalf of the Speaker that the MLAs would be granted two more days time to file their response to the notice issued to them on the petition seeking their disqualification under the anti-defection law. Also Read – After eight years, businessman arrested for kidnap & murderAAP MLA Saurabh Bharadwaj on June 10 filed the petition seeking their disqualification under the anti-defection law for allegedly joining the BJP. The Speaker had on June 17 issued notice to the two MLAs asking them to file their response by July 8 (Monday evening). During the proceedings in the high court, the lawyers for Bajpai and Sehrawat told the court that the Speaker is not supposed to have political inclinations, but was seen attending events and protests of the Aam Aadmi Party (AAP). They said the Speaker was however even seen “dancing” in the Lok Sabha poll campaign of AAP candidate Atishi Marlena. They alleged that in these circumstances, the Speaker might not impartially adjudicate the disqualification proceedings and said that the issue be sent either to the Deputy Speaker or a committee be constituted to hear the matter. However, the court said it was “not going to interdict the Speaker” and added that the petitioners have the remedy of appeal against his decision. As the two MLAs’ lawyers discussed whether to withdraw the petition and agree to participate in the disqualification proceedings, Sehrawat decided to discharge them from his matter and got up to argue his case on his own. Sehrawat told the court that he was one of the founding members of AAP and that the party has now “changed”. “Everything the party has stood for has changed,” he told the court and said that since the Speaker was behaving as a member of AAP, he should not be hearing the disqualification proceedings.
Rabat- Coface has again given Morocco the rating “A4” for credit risk of businesses defaulting, making it among the highest-ranking countries in Africa.Coface (Compagnie Française d’Assurance pour le Commerce Extérieur), a French insurance company for foreign trade, published its country risk and sector risk assessment map for the second quarter of 2018 last week.The assessment comprises 160 countries around the world and is drawn up on the basis of macroeconomic, financial, and political data. Morocco has again received the “A4” rating, which corresponds to a “reasonable” risk. Alongside Morocco, only Kenya, Botswana, and Mauritius received such a high ranking in Africa. In the MENA region, Morocco joins the United Arab Emirates and Qatar with the same risk ranking. Israel ranked first, with A2, followed by Kuwait ranking A3.Oman was the only country in the MENA region whose rating improved, from C (high risk) to B (fairly high risk). The development is explained by the country’s growth, thanks to a rise in the oil and gas sector and continued moderate growth in other sectors, according to Coface.Coface downgraded Argentina (C), Turkey (C), Sri Lanka (C) and India (B) as well due to their dynamic internal demand favoring imports, political tensions, and the deterioration of their trade balance.Coface is considered to be a trustworthy reference in credit insurance, risk management, and the global economy. It operates globally, offering companies solutions to protect them against the risk of financial default of their clients. The company’s services and solutions protect and help companies to make credit decisions to improve their ability to sell on both their domestic and export markets.Coface estimates the average credit risk in a country’s businesses. The assessment map is an invaluable tool, giving an indication of a country’s potential influence on businesses’ financial commitments. Coface’s analyses use an eight-level ranking order of risk from A1 (very low) to E (extreme).