A CAR dealership in the North which exports second hand cars to consumers in Co Donegal has been fined – after ‘clocking’ vehicles.Seven Towers Autos in Ballymena, Co Antrim, was fined Stg£400 for breaching consumer laws.It had offered to sell two cars to undecover BBC journalists – and both vehicles had mileage tampered with. One vehicle had the clock turned back by an astonishing 100,000 miles.Today one Donegal man who bought a car from the garage urged other motorists in the county to have their vehicles checked of they bought them from Seven Towers Autos.“I am having my car checked just in case,” said the Letterkenny motorist.“I think this is a warning to anyone buying a car, or bringing one into the state, that it should be checked out first by a mechanic or the AA,” he added.The firm pleaded guilty to two charges under Consumer Protection from Unfair Trading Regulations 2008 (CPRs).Moira Todd of the Trading Standards Service in the North said: “All second hand car dealers should take steps to ensure that the mileage on a vehicle is accurate.“They must not allow a prospective buyer to rely on the mileage indication unless they are absolutely sure it is accurate.“In this case, the company could have easily established that the mileage readings on these vehicles were incorrect by carrying out simple enquiries.“Clocking the mileage of a car is downright deceptive and the TSS will take formal prosecution action against any trader who is found to be engaging in this practice.”Anyone from the county who bought a car in the North and who has encountered a problem with car clocking should contact Trading Standards.More than 11,000 cars have been imported into the Republic from the North and Britain so far this year, says the website www.motorcheck.ie.CAR IMPORTER CAUGHT CLOCKING CARS was last modified: July 1st, 2011 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:ballymenacar clockingdonegalletterkenny
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Doing away with the need for the litigant to be present in the court and facilitate adjudication of the case online, the Punjab and Haryana High Court will launch its first virtual court on Saturday at Faridabad through videoconferencing.A Punjab and Haryana High Court spokesperson said the court would deal with traffic challan cases from across the State. The project will be launched under the guidance of e-Committee of the Supreme Court of India. The processUnder this project, the cases received in the virtual court can be viewed by the judge along with automatic computation of fines on the screen. After the summon is generated and the accused gets information on email or through a text message, the accused can visit the virtual court website and search the case by CNR Number, his/her name or even with the driving license number. Once the accused pleads guilty online, fine amount will be displayed and accused might proceed to pay the fine. On successful payment and realisation of the fine amount, the case would be automatically disposed of.The spokesperson said if the accused did not plead guilty, such cases would be remanded to the regular courts with the respective territorial jurisdiction. The Chief Justice of Punjab and Haryana High Court, Justice Krishna Murarihas shown keen interest in launching the project at the earliest for the benefit of all the stakeholders in the justice delivery system.To reduce burden The virtual court will reduce the burden on regular courts. The entire process of disposal will happen online in a few hours. Footfalls in the courts will reduce as the accused need not visit the court to plead guilty.
zoomIllustration. Source: Pixabay under CC0 Creative Commons license Singapore-based Grindrod Shipping has unveiled a number of transactions with the aim of modernizing its fleet and increasing its financial flexibility and liquidity.In early June, the company took delivery of a Japanese-built eco Ultramax, the IVS Phoenix. The drybulk carrier newbuilding has been chartered-in for a minimum period of three years. Grindrod Shipping has options to extend the contract for up to two additional years.The month also saw Grindrod Shipping and its joint venture partners agree to a further extension of the termination date of the IVS Bulk joint venture from June 30, 2019 to September 30, 2019. The company said it remained in discussions with the JV partners regarding strategic alternatives for IVS Bulk.On June 20, 2019, Grindrod Shipping sold a portion of the loan it had provided to one of its joint ventures. The sale was at par and provided approximately USD 7.5 million of cash to the company.The ship owner and operator recently entered into a sale and leaseback transaction with a Japanese company related to the 2010-built handysize drybulk carrier, IVS Knot, for a cash amount of USD 13 million.Grindrod Shipping will bareboat charter the vessel back for a period of up to 11 years and has the right, but not the obligation, to acquire the vessel from the end of the second year of the charter, with the new owner having the right to sell the vessel to the company at the end of the 11-year charter period.The company explained that the IVS Knot previously constituted part of the security package for its USD 100 million senior secured credit facility and was released from the security package in connection with the closing of the sale and leaseback transaction. At closing, the sale generated around USD 6.3 million of cash after settling the debt associated with the vessel. The transaction closed on June 26, 2019.The previously announced sale of the IVS Kawana was concluded, with the vessel delivering to the new owner on April 30, 2019. Grindrod Shipping added that it expects the Umgeni to deliver to the new owner by June 30, 2019.“Through the IVS Knot and the sale of the joint venture loan Grindrod Shipping has strengthened its liquidity by approximately USD 13.8 million without divesting control of any core assets,” Martyn Wade, the Company’s Chief Executive Officer, said.