Although we were not assimilated and killed, the process of our destruction has never stopped. Even the romans destroyed the druids when they found them, as if this disgust of those connected to the earth was part of some ancient evil that goes who knows how many empires and autocracies’ back in time. You need to have friends, neighbours, family and everyone around you helping to make this happen. This lets us be able to lower the cost of electricity and our attachment to it more than anything else. Creating a community of people around you gets around a lot of the rules of modern business, and can also create a pleasurable or at least effective environment..

This is done by each community at will and the government simply allocates them land in order to cultivate as it did with the allotments during world war 2, and streaming internet to learn and tools etc to get started. Most green, simple vegetables, about 80% of the vitamin intake will come from this. The idea is this new low connection society should grow until we can also do cereals and staples using this system. This requires more specialisation for communities who still live and work together but get all their income from the work they do growing wheat, potatoes etc.

Many people have also lost their jobs and the capacity to renew their data packages, so have gone offline, just at a time when online forms and services become a far more attractive format than going in person to somewhere that with the lockdown is probably now closed. If you have a physical lan going a host of classic apps are available so you can do local installations of anything from rocket chat to forums. We are lucky in Spain/catalonia to have guifi.net Yield on 10 which provides mesh based line of sight wifi many of which can be accessed to give cheap internet or at least access to a wider mesh. But beyond a name, this last aspect about AI is really interesting because if considered from a Buddhist perspective, a lot of the time we are working towards human happiness, without taking into account the environment. This is where people don’t eat meat or even go to extreme lengths not to kill anything or anyone.

We then have also an administration area, which serves to allocate volunteers to needs expressed by the supportees. What I do think is missing is a higher level of input from health professionals – possibly those self isolating who have been helping out in the health and safety working group. So we can work with them to provide posters and info, and I think we can use this system to find ways to provide essential items to hospital staff, as well as help neighbours and businesses around us.

Aanapappan – The Texture of Life

I´ve seen people buy things for others in self isolation and share tips, or information about the neighbourhood and the availability of items, even just sharing numbers to have a little chat. We have a local side from our neighbourhood group, which I hope results in more and more local groups, and then the incredible efforts of Glasgow Mutual Aid in creating a shared system to derive volunteers & resources to those in need. This is what many metaverse proponents argue is the future – where different 3d virtual realities might be interconnected the same way the world wide web was once envisioned – a simple standard allowing you to connect disparate platforms in ways people can readily access. I can see this concept migrate from gaming into buying and selling with apps like Wallapop where you are buyer and seller at once, or the ability to work under a pseudonym or company name in commercial social networking services.

We can have a whole lesson on police repression and about what happens when you value a nationalist sentiment more than the life or well being of another human being. Just then the sky filled with clouds and lighting struck right in the path of the machines, and hit the mouse and the fox, who was in the biggest most destructive machine. The land rumbled and the earth parted and the machines began speeding away to avoid being sucked in, and then the river tide rose and watered all the cracks in the ground which became lakes. When the other animals in the forest heard about the lakes they journeyed over to see for themselves.

But also there is a predilection for “life” as only meaning that which is organic and currently alive, whereas I used to love some of the interpretations of the silent prayers in Nichiren Buddhism where the entire universe that has potential for life should be worthy of our absolute care, as valuable as the care we have for other living beings. So we’re going beyond just caring for humans as if they are above animals, and even beyond the idea that animals come before their environment. Although I have always known I was indigenous Aymara on one side, I recently found out that like many people with ancestors in my northern Chilean region I also descend from the conquistador Francisco de Aguirre who took part in the sack of Rome.

And she kept on going, down into the darkest cave swimming down the deepest underground streams. “We have to help her. She just wants to take care of the valley..” for the sick mouse’s daughter had taken up the quest. One of the tools we are developing at FairCoop is the Open Collaboration Platform or OCP, a fork of the NRP used in Sensorica for peer to peer process management in creating sensors.

The socially constructed pheroverse

“So be gone with you” said the fox, because he wanted to build houses for the humans who lived in the mountains. Once upon a time there was a mouse who wanted to take care of a valley he had found. Knowledge and connections, all his culture and language was slowly melting away. Sexist and patriarchal attitudes are evident in indigenous circles, but also present in the countries that now exist across where andean cultures evolved before the conquest.

We each grow enough food to sustain our own little group with minimal imports of whatever we can’t produce inside.This way we really reduce the chance for any outbreak to get out beyond our walls, and for it to get in, as there is a shared policy between neighbour associations that each block will quarantine as soon as there is a case. As the crumbling pre pandemic structures began to show they couldn’t really deal with adapting, new forms of governance emerged. We now had a social contract, an individual list of ethical vows and choices, that kept changing as our own beliefs and connections changed. It replaced the concept of a constitution as there was nothing to constitute, just individual agreements between people so they could all go on existing. We had kept most of the internet from before, just in a more disjointed way as the large providers closed down or went “elite”, and as citizen wifi initiatives and data coops started to replace the bankrupt city networks and the mainstream internet, which had become a pay as you go nightmare due to crashing IT giants. Electric disobedience is a radical lifestyle where you attempt to use the least possible amount of commercial petrol or fossil fuel based electricity normally purchased from large companies, and which is frequently the source of many environmental or cultural/societal issues for the workers and local people in these places.

Throughout all this time the Mars program is still financed by rich businessmen who plan to begin a colony there. Around 10 households can use what is normally used by electric companies to power a single one. In spain it’s possible to take out a specific contract for a staircase or shared account across a group. They all take on the challenge of reducing their consumption and lifestyle taking a little from the past and a little from newer ideas, but mostly from the ideas of people actually there.

Even if they want something antiquated like a republic, when they could go for something so much more daring or fair. She walked in front of the angry machines that were gathered there to destroy the trees and plants and make the land into a desert so they could build on it. “That’s it. I’ve had enough. I’ve spent most of my life trying to defend this land and I am not going to stop today.” “But don’t worry little mouse. I am not evicting you or your little friends. You are welcome to stay and work in the valley for a modest rent once the building is complete.” “When the sun returns I will bring my machines and destroy all this nonsense, to make way for my impeccable buildings.”

Para Chile

In today’s online simulated spaces, areas of the VR world are seen as public, but a personal 3d space could be very different, showing aspects of your needs, dreams, fears, psyche, knowledge, connections etc, and in ways that could be very creative but also inherently private and intimate. Socially, the arrival of the remote possibility in people’s minds that China was not even under human control, meant that robots are completely a no-no in the minds of people in the 2040s and people are very hostile to Martina initially, although her actions quickly win over the populace. There are absolutely no cyborgs at this point, as the singularity has caused a kind of social rift where robotic extensions are concerned, so people choose other ways of changing the way they look. I think every character should have an arc where they somehow accept their position in the new robotic paradigm, where you can be made of anything and extend yourself in any way you imagine, even blurring what it actually means to be you. Cyborg Girl hides her robotic parts and has a love hate relationship where she’s ashamed of them when not fighting. Most people fear any robotic parts they had would be controlled by the general AI.

• These mutual networks of neighbours, now form so many groups across glasgow, and have been helping each other to get past this pandemic in solidarity with each other, using community networks as a way around the incapacity or unwillingness of many spaces to protect anyone but those who can pay or have the power to be cured or tested.
• It had all gone on a crash course towards more neoliberalism than even we were subjected to here.
• It’s a 3d understanding of interface and space that transcends boxes and screens and allows us full editing capabilities over the known universe, within this simulated metaverse.
• We survived explorers and supposedly learned men who described us as savages as they killed us and our animals and destroyed the environment around us from Patagonia to the most northern coasts, from the farthest reaches of the earth to the soul of Glasgow on its old druid’s hill.
• We don’t know how many other horrible, disgraceful and really savage acts lurk in our past, many are not as lucky as myself and are left wondering what could have happened, or even pretend they are not to blame because of what happened decades or in some cases centuries ago, as if that kind of pain could just be forgotten, perhaps if enough victims die..

Unfortunately, when we look at this information it is not clear, or readily available and the prevailing idea is that which is presented by mainstream information. So in-depth information on homosexuality amongst indigenous andean cultures is hidden in the way back archive, and it’s all piecemeal bits of information that escaped being burnt and destroyed by repulsed and probably repressed conquistadors. When there was the last of the recurring outbreaks near Manchester, we closed our doors for 2 months and survived on what we had in our block, in our small circle of people. Although our tiny communities are like a permanent lockdown system allowing us a simple social and economic life, it is backed by the state structures we can no longer rely on as we once did, and for many months in a year, we do without the supermarkets, the hospitals and airports and are forced to be healthy, to do manual work. On harvest days there is a regular rota of people from the blocks going to the fields in a constant timetable of workers, each working only with their block group.. There was more work, more growth but it was not based on anything stable.

Creating Dashboards In Sage Enterprise Intelligence(SEI)

We could all, simultaneously, around the world, get all the materials, work to understand the process and raise the cash, and one day all switch to modern ecological appropriate urban tech that uses renewables usually recycled by town council services. It would allow for shared presence and third space in ways we still don’t conceive of, allowing us to use still the benefits of the office and business world in a post capitalist setting. So I march also for those who have still not realised these things, for those who think they have no way of going back to reconnect with the earth because their connection was broken so strongly, and so long ago.

30 Families live here side by side each one in six separate apartment blocks forming a wind rose. These mutual networks of neighbours, now form so many groups across glasgow, and have been helping each other to get past this pandemic in solidarity with each other, using community https://1investing.in/ networks as a way around the incapacity or unwillingness of many spaces to protect anyone but those who can pay or have the power to be cured or tested. We hope that now with the new bill, we are now able to complement initiatives like the NHSs new call for volunteers.

The gods reacted so favourably to the Kusayapu school band that every time they played there were rain storms across the atacama desert, with the audience asking them to play a bit more quietly or let them cover the electrical system first at least. Apart from this rain 7 music detail, the indigenous curriculum has now been implemented in many schools across the region. But she rejected the medicine and hospitals in the city and refused to live her last days in that environment. In the traditional Aymara house that my family got converted to legal status finally after a long process.

I am guessing the staple and more water or management intensive vegetables – the stuff that’s harder to grow – will need to be done at a city or regional level. I had thought of a community block unit, but that block is in a square – i.e a group of 4 or more communities. At the corner of the building, on the opposite side, we can see the next community, just a farm´s distance from ours. Each block community is surrounded by a green ring that brings them most of their nutrients and about a third of their total food intake. Some of us don’t practice farming in blocks, or they do but at a very reduced rate. A very different looking specialisation with a lot more machinery where our community is more farm based, the next one along is more industrial.

They even once reportedly fought over one of these macabre 70s shop displays, as they could be bought quite cheaply, and all the refugees were quite poor. For me, the first encounter with this strange fascination was only when we first went back as a family to Chile after all the exiles were pardoned and we were able to return. When it was my granddad’s birthday or saint, we’d have a huge party and all the 12 kids and all my cousins would come.

Whether you need help solving quadratic equations, inspiration for the upcoming science fair or the latest update on a major storm, Sciencing is here to help. Rebecca is working on her PhD in soil ecology and spends her free time writing. She’s very happy to be able to nerd out about statistics with all of you.

Multicollinearity, which exists when two or more of the predictors in a regression model are moderately or highly correlated with one another. It supports business decisions by providing necessary information related to dependent target and predictors. Regression models are easy to understand as they are built upon basic statistical principles, such as correlation and least-square error.

Statistical Analysis Regression

It is a form of binomial regression that estimates parameters of logistic model. Data having two possible criterions are deal with using the logistic regression. The output of regression models is an algebraic equation that is easy to understand and use to predict. Any disadvantage of using a multiple regression model usually comes down to the data being used.

Regression analysis uses data, specifically two or more variables, to provide some idea of where future data points will be. The benefit of regression analysis is that this type of statistical calculation gives businesses a way to see into the future. In order to conduct a regression analysis, you’ll need to define a dependent variable that you hypothesize is being influenced by one or several independent variables.

• So, the error term tells you how certain you can be about the formula.
• Regression analysis is a statistical technique for analysing and comprehending the connection between two or more variables of interest.
• Regression models describe the relationship between variables by fitting a line to the observed data.
• Rebecca is working on her PhD in soil ecology and spends her free time writing.

On the other hand, the independent variable can be evaluated using either continuous or categorical values. Regression analysis is a statistical technique for analysing and comprehending the connection between two or more variables of interest. The methodology used to do regression analysis aids in understanding which elements are significant, which may be ignored, and how they interact with one another. After plotting historical sales and temperature data on a chart and using a regression analysis formula, you find that sales are higher on days when the temperature is higher. Consumers are more likely to buy a glass of watermelon/mint/lemon/lychee juice with cool, crushed ice on hot, dry days than chilly, rainy days.

If the data preprocessing is not performed well to remove missing values or redundant data or outliers or imbalanced data distribution, the validity of the regression model suffers. The strength of the regression model is measured in terms of the correlation coefficients, and other related statistical parameters that are well understood. Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities. Regression analysis can give a confidence interval for each regression coefficient that it estimates. Not only can you estimate a single coefficient for each feature, but you can also get a range of coefficients with a level of confidence (eg. 99% confidence) that the coefficient is in.

It helps to determine which factors can be ignored and those that should be emphasized. Ridge regression is widely used when there is high correlation between the independent variables. In such multi collinear data, although least square estimates are unbiased but their variances are quite large that deviates observed value from true value. Ridge regression reduces the standard errors by adding a degree of bias to the estimates of regression. Polynomial regression is one in which power of independent variable is more than 1.

Sciencing_Icons_Linear Equations Linear Equations

If you have more than one independent variable, use multiple linear regression instead. This will allow you to make more informed business decisions, allocate resources more efficiently, and ultimately boost your bottom line. In our application training example above, attendees’ satisfaction with the event is our dependent variable. The topics covered, length of sessions, food provided, and the cost of a ticket are our independent variables. Just like Ridge Regression, Lasso Regression also uses a shrinkage parameter to solve the issue of multicollinearity. It also helps linear regression models by improving their accuracy.

When it comes to business, though, demand is not the only dependent variable. Regressive analysis can anticipate significantly more than just direct income. Because the function is generated by a series of approximations that may be dependent on trial-and-error, nonlinear models are more complex to develop than linear models. The owner of the juice truck used regression techniques to determine more economical order quantities based on weather forecasts. This same analysis might even help him in scheduling work hours for employees and also lay the groundwork for ordering another truck to exploit a different location. Forecasting future results is the most common application of regression analysis in business.

Linear regression can be further divided into multiple regression analysis and simple regression analysis. In simple linear regression, just one independent variable X is used to predict the value of the dependent variable Y. So, from the above example, we understand that regression analysis in statistics is a set of statistical processes for estimating the relationships between a dependent variable and one or more independent variables. In regression analysis, those factors are called “variables.” You have your dependent variable — the main factor that you’re trying to understand or predict.

Simply put, regression analysis is commonly used interchangeably with linear regression. This number shows how much variation there is in our estimate of the relationship between income and happiness. While you can perform a linear regression by hand, this is a tedious process, so most people use statistical programs to help them quickly analyze the data. We can use regression analysis in marketing to determine the best groups that should be targeted in the marketing campaign. Your regression line is simply an estimate based on the data available to you.

A fixed cost does not necessarily remain perfectly constant. Regression analysis allows you to understand the strength of relationships between variables. Using statistical measurements like R-squared / adjusted R-squared, regression analysis can tell you how much of the total variability in the data is explained by your model. Your independent variable and dependent variable are both quantitative, so you can do a regression analysis to see if there is a linear relationship between them.

To keep from going into each of those possible outcomes, I am just going to pay attention to geographic location and age of the person seeking credit. The purpose of this project is to see what, if any, effect where a person lives and his age will have on his…… For a long time, regression analysis has been utilised advantages of regression analysis extensively by enterprises to transform data into useful information, and it continues to be a valuable asset to many leading sectors. Insurance firms depend extensively on regression analysis to forecast policyholder creditworthiness and the amount of claims that might be filed in a particular time period.

It is used in those cases where the value to be predicted is continuous. For example, we use regression to predict a target numeric value, such as the car’s price, given a set of features or predictors . We train the system with many examples of cars, including both predictors and the corresponding price of the car . A major advantage of the high-low method of cost estimation is its ease of use. By only requiring cost information from the highest and lowest activity level and some simple algebra, managers can get information about cost behavior in just a few minutes.

Linear Regression assumes that the data is independent

Once your data is plotted, you may begin to see correlations. If the theoretical chart above did indeed represent the impact of ticket prices on event satisfaction, then we’d be able to confidently say that the higher the ticket price, the higher the levels of event satisfaction. Could it be the topics covered in the individual sessions of the event? Any of these variables have the potential to impact an attendee’s level of satisfaction. For example, you might guess that there’s a connection between how much you eat and how much you weigh; regression analysis can help you quantify that equation. James Woodruff has been a management consultant to more than 1,000 small businesses.

What is the formula of total cost?

So, here are 5 applications of Regression Analysis in the field of finance and others relating to it. It will also give you a slew of statistics (including a p-value and a correlation coefficient) to tell you how accurate your model is. Regression analysis will provide you with an equation for a graph so that you can make predictions about your data.

You’ll notice that the slope formula calculated by Excel includes an error term. Regression lines always consider an error term because in reality, independent variables are never precisely perfect predictors of dependent variables. This makes sense while looking at the impact of ticket prices on event satisfaction — there are clearly other variables that are contributing to event satisfaction outside of price. In multiple regression analysis, on the other hand, more than one independent variable is used to predict Y.

What is Regression Analysis? Types and Applications

This model is deployed when relationship in between dependent and independent variables is non-linear. The best fit line in polynomial regression technique is curve instead of straight line. Regression models are susceptible to collinear problems . If the independent variables are strongly correlated, then they will eat into each other’s predictive power and the regression coefficients will lose their ruggedness. Simple Linear Regression is a linear regression model that estimates the relationship between one independent variable and one dependent variable using a straight line. Another example of using a multiple regression model could be someone in human resources determining the salary of management positions – the criterion variable.

Fixed costs include various indirect costs and fixed manufacturing overhead costs. Variable costs include direct labor, direct materials, and variable overhead. Calculate fixed cost per unit by dividing the total fixed cost by the number of units for sale.

This project started as a student project in 2014 and was presented in 2017. As a consequence, this utility was developed for TradeAllCrypto: Crypto Broker Review free document downloads from the internet. Our service is completely free; advertising is the only way we can keep operating.

• Our service is completely free; advertising is the only way we can keep operating.
• This project started as a student project in 2014 and was presented in 2017.
• Our service is completely free; advertising is the only way we can keep operating.
• This project started as a student project in 2014 and was presented in 2017.
• As a consequence, this utility was developed for free document downloads from the internet.

Thus what the pledgee has is the right of action for recovering these expenses. Right on the Pledge- another major ingredient of pledge is that the pawnee merely possess possessory rights and not juristic rights over the pledge. The pawnee only has the special property while the general property stays with the pledgor. When the pledge comes to an end by way of repayment the special rights are also transferred back to the pledgor. The following research paper proceeds by first laying down briefly the meaning of a contract of pledge followed by mentioning its features which makes credits to its distinctiveness. In Bank of Bihar vs. State of Bihar , the Supreme Court held that the bank, i.e., the pledgee has a preferential right over the security pledged with it over all other creditors.

Thus delivery of possession is the primary point of distinction between pledge and hypothecation. However, alike pledge the hypothecatee under pledge to have the right to sue and even to sell the thing for recovering the loan amount. In hypothecation the position of the true owner becomes that of a bailee of goods acting for the bailor who in this case is hypothecatee. In simpler words the distinctiveness can be made clear by saying that while pledge involves transfer of possession, hypothecation involves transfer of rights or interest, those too limited.

Since the loan has been paid, the bank will also have to issue a non-encumbrance certificate or a no-dues certificate, stating the liability no more exists. Under section 179, it is provided that a person is eligible to make pledge to the extent to which he has interest in it. Whenever a party to pledge has interest, he has unconditional authority to charge at least that interest. While the cases where the pawnor has no interest and only possession are governed by section 178 and 178A of the Act, the cases where the pawnor has, even a limited interest, falls within the ambit of section 179. Consent of the owner of the goods is assumed to exist in case where the mercantile agent pledges a good.

Is used for creating charges against the security of movable assets, but here the possession of the security remains with the borrower itself. Thus, in case of default by the borrower, the lender (i.e. to whom the goods/security has been hypothecated) will have to first take possession of the security and then sell the same. In this case, Car / Vehicle remains with the borrower but the same is hypothecated to the bank/financer. In case the borrower defaults, banks take possession of the vehicle after giving notice and then sell the same and credit the proceeds to the loan account. Other examples of this hypothecation are loans against stock and debtors. [Sometimes, borrowers cheat the banker by partly selling goods hypothecated to the bank and not keeping the desired amount of stock of goods.

However, owing to ignorance, often many of us do not bother to get the NOC after completely paying off an outstanding loan. With CIBIL in place, few realize that for a new future loan, their credit score will invariably be consulted. And if the closure of a past loan has not been updated on CIBIL it will lead to a sub-par credit score. Then, only an NOC comes to one’s rescue as it is the very document that can establish that the past loan was indeed repaid. If the proceeds of such sale are less than the amount due in respect of the debt or promise, the pawnor is still liable to pay the balance.

Recent Articles

Pledge and Hypothecation are typically the most common form of security interests used in relation to moveable assets. In case of hypothecation, the possession of the security remains with the borrower, while in case of pledge the pledgee takes control of the assets. Apart from this small difference, the rights and duties of the parties under both these concepts are similar and thus, it can be said that the concept of hypothecation is just an extended arm of the concept of the pledge. In S.N. Choubey vs. Central Coalfields Limited , the Jharkhand High Court observed that in cases of pledge, there are two rights that are vested with the pledgee for the redemption of the due debt. Firstly, he may sue the pledger for recovery of the debt and retain the security in his possession until a decree has been passed and secondly, he may sell the goods held as security after giving the pledgee a reasonable notice of the intended sale. A common charge made under the Transfer of Property Act is mandatorily registerable.

The kind of price on belongings defines whether or not the settlement may be classified as pledge or lien or mortgage. In hypothecation, the borrower retains possession of the collateral and the lender has a lien on it, which allows them to seize it if the borrower defaults. Hypothecation can be a flexible way for borrowers to raise capital, as they can pledge different assets as collateral for different loans. Hypothecation allows borrowers to retain possession and use of their assets while they are pledged as collateral. The lien does not constitute ownership; rather, it is a type of encumbrance.

Thus, one of these terms will be normally used whenever an individual or a business firm avails any loan and the bank keeps some assets as a security so that it will be able to sell the same in case that individual or the firm defaults in repayments. Pledge is used when the lender takes actual possession of assets (i.e. certificates, goods ). In this case the pledgee retains the possession of the goods until the pledgor (i.e. borrower) repays the entire debt amount.

India’s No.1 Most Trusted Financial Services Brand

Therefore, the lien is simply the right to retain the assets, not to sell the assets unless stated in the agreement. The borrower requires ownership of such moveable resources for business exercises. Guarantees, subordination deeds and intercreditor documents are not required to be registered under Indian law.

What is important to note herein is that the debtor only pledges the security to the creditor. There is no delivery of security by the debtor to the creditor. Pledge isa type of bailment due to the fact that a contract of pledge to come into existence, delivery of goods is requisite. A pledge can also be defined as, Pledge is the transfer by one person to another of the possession of certain goods to be held difference between lien and hypothecation by the latter as security for the performance by the former of some obligation to pay or perform, which being performed, the pledge must be restored. The pawnee can hold or retain the goods only for the payment of that debt for which the particular goods have been pledged. Unless a pledgees claim under pledge has not been satisfied, another creditor can not take away the pledged goods from his possession.

It was further observed that the creditor has the first right over the security and that the debtor is only holding the security as an agent of the creditor. Mortgages are a common way for individuals to become homeowners, but they also carry a significant amount of financial risk. Borrowers should carefully consider their ability to make payments over the life of the loan before entering into a mortgage agreement. The distinction among Assignment, hypothecation, Lien, Mortgage and Pledge and challenge lies within the safety rate that can be created on any asset held via a lender towards the cash lend .

Documents required

There is a risk that the value of the assets pledged as collateral may decline, leaving the lender with insufficient collateral to cover the loan. It allows borrowers to use their assets as collateral for loans, which can make it easier for them to obtain financing. One example of assignment is ‘transfer by the holder of a life insurance policy of the benefits or proceeds of the policy to a lender , as a collateral for a loan’. In such case in the event of the death of the assignor, the assignee is paid first and the balance is paid to the policy’s beneficiary.

The most common forms of mortgage are an English mortgage , a simple mortgage and an equitable mortgage . A No Objection Certificate is a legal document issued by a housing finance company or bank to a customer declaring that he/she has no outstanding dues towards the lender. Sometimes referred to as a “No Dues Certificate”, an NOC can be obtained from the lender once the loan has been paid off completely. Also, an NOC absolves all rights of the lender over the collateral. A pawnee has to right to sell the thing pledged and this right is exercisable after notice off intent of sale and thereafter the pawnee is entitled to sell the thing on any time of his will. After the sale the right of the pawnor of re-delivery is extinguished but his right to redeem continues up to sale.

There is also the risk that the assets pledged as collateral may be damaged or destroyed, which would also reduce their value as collateral. A lien on any goods , money or security given by or under the Indian Contract Act, 1872 or the Sale of Goods Act, or any other law for the time being in force. The order of ranking is prescribed by an agreement between the borrower and the secured creditors.

Section 173 of the Act empowers the pledgee to retain the security till the entire debt has been discharged by the pledger. The term ‘entire debt’ also includes any interest that has been generated. This article is authored by Akash Krishnan, from ICFAI Law School, Hyderabad. It discusses in detail the concepts of pledge and hypothecation and how the concept of hypothecation is an extended arm of the concept of the pledge. The borrower may also promote the asset hypothecated and discharge from other obligations.

Comprehensive Overview of Policies at Muthoot Finance

Section 175 of the Act states that if any extraordinary expense has been incurred by the pledgee to preserve the security, he can sue the pledger to recover the same. A right to retain the goods for recovery of such extraordinary expenses has not been provided under the Act. We take all possible care for accurate & authentic news/ empanelment/ tender information, however, Users are requested to refer Original source of the Information published by the Issuing Agency before taking any call regarding this information. This disclaimer informs readers that the views, thoughts, and opinions expressed in the text & articles belong solely to the author, and not necessarily to the author’s employer, Valuer World, organization, committee, or other group or individual. Mortgages typically require a down payment, which is a portion of the purchase price paid by the borrower upfront. The size of the down payment can vary depending on the lender and the type of mortgage, but it is generally between 3% and 20% of the purchase price.

• However, where the mortgage is an equitable mortgage of immovable property created by way of deposit of title deeds of the mortgaged property, the document recording the deposit of title deeds is required to be registered under the Registration Act in some Indian states only.
• In other words it can be said that his lien over the pledged goods does not extend to cover the rights of extraordinary expenses.
• After a borrower fully pays his loan, he must ask the bank to get the hypoethcation agreement terminated.
• You may have bought home insurance and home loan insurance, along with the home loan product.

Borrowers may also be at risk of losing their assets if they default on the loan. It can also be a cost-effective form of collateral, as borrowers may not need to pay to store or insure their assets. It can be a formal commitment made in writing, such as a pledge of allegiance or a pledge to donate money to a charity, or it can be a verbal promise made informally.

Thus, the delivery of share certificates to the pledgee by the pledger amounts to the actual delivery of goods and not constructive delivery. Hypothecation is also used in securities lending, where an investor may pledge securities as collateral for a loan. In this case, the borrower still owns the securities but grants the lender a security interest in the securities until the loan is fully repaid. Hypothecation is commonly used in mortgage lending, where the property being purchased serves as collateral for the loan. The mortgage lender will have a security interest in the property until the loan is fully repaid, at which point the borrower will own the property free and clear.

It allows lenders to have a greater degree of security in the event of loan default by the borrower. These are the different types of terminologies used in case someone applies for a housing loan, including home mortgage loan. If you seek a home loan at competitive interest rates along with accessible loan terms, then get in touch with our experts at Muthoot Homefin, the housing loan arm of Muthoot Group. The proprietor is in the situation of a trustee concerning the loan boss is obligate to be dismiss. The depository on the cancellation of the entry of pledge shall inform the participant of the pledger. The participant after satisfaction that the securities are available for pledge shall make a note in its records of the notice of pledge and forward the application to the depository.

We already have an agreement with the oil company about the passage of a pilot test. Social entrepreneurship is provided through the support of young professionals, innovators in cooperation with accelerators, Universities and high school. Please, find all contracts signed on our website or in your account in “Documents”.

We invested more than 1 million dollars in development of projects. Together with Rosneft oil company we implement pilot testings. We tried to attract investment in a traditional way through banks. It means 18% per year and contract security is about 150%. Everything is ready for industrial production of complexes, we need only resources to start this process.

• Also you may read our publications and articles, so we are respected people in the oil and gas industry.
• Most important is transparency and comfort of making investments.
• If it seems unreal for you, please, look through the project in personal account, where you can find technical information about complexes.

The company wishes at the first stage of the ICO to attract investment in the amount of $ 1,400 thousand on the.. We are well prepared and ready to initiate the project. Our team includes scientists, engineers, IT developers, marketing and accounting professionals. If you have something that you would like to offer us we’d be happy to review your ideas, experience and talents. Also, you may learn more about our free-lance contracts at your Profile Home page when such are available. Blockchain Industrial Alliance is working on its own blockchain (biplatform.io) for regulation of relation between alliance members and token holders.

Thus, you would not need worrying about anything since they are clearly shared and shown. In addition, they also offer the products of blockchain which are really innovative, unique, and completely stable. That offers the great product which is totally reliable. ODMCoin is tied to average market price on oil drilling mud processing, which is $132, thus, it will be backed with future contracts with Oil&Gas companies to process their wastes.

Of course, it is a serious market, but we live in Siberia and we have oil resources. People in our team are working in the sphere of oil production and refining. Our scientists are dealing with it during the whole life.

Please enable JavaScript or switch to a supported browser to continue using twitter.com. You can see a list of supported browsers in our Help Center. ODMC team has plans to start the ICO to collect the funds on December 1st, 2017. Alexander Doronin, the CEO of the project, told about the new platform and its opportunities. A convenient wallet on the website and on Android will appear a bit later as the project is developing. Also we plan to have our token on YoBit.Net, EXMO, CEX.

Best exchanges to buy ODMCoin

To expand the functions of the Bi platform and BIC audience Ethereum blockchain app platform will be integrated. Blockchain industrial club creates its own blockchain platform to regulate interactionamong club members and token holders. With the administrative support it can provide the platform with necessary ideas for the planned development of сo-created projects in domestic and international markets. First, let’s not forget that tokens themselves are main value of any ICO. Tokens have their own price during ICO it is set at $0,066.

A list of the top ODMCoin markets across all crypto exchanges based on the highest 24h trading volume, with their current price. ODMCoinmay be one of the ideas which you may need to know if you are interested in having lots of ideas related to the great investment. Sure, you need to be up to date about the investment options. It is including about the investment of the blockchain option which can be the great investment to choose.

ODMCoin ICO

An exquisite Fortnite/GTA Online-like experience with a Cyberpunk world and Metaverse in-game features. C+Charge is a blockchain-powered network that is the first on-chain or off-chain platform that allows EV drivers to earn carbon credits simply by driving and charging their vehicles. On to become the universal payment solution for EV charging stations, harnessing the power of blockchain technology with decentralized finance bringing carbon credit sustainability to the masses.

The world’s first blockchain option in the oil and gas sector ODMCoin continues to make a progress. They developed a Blockchain Industrial Club which is a platform to regulate the interaction among participants of the ODMCoin project and token holders. As a remind, the company is implementing the project which lets to process oil drilling mud into the material for building roads right at the well site. Oil Drilling Mud is a liquid, paste-like or solid waste that is a mixture of oil , a solid phase and water. The market of oil drilling mud processing is huge and profitable.

C+Charge token holders will also accumulate carbon credits. Token holders who are drivers will earn extra carbon credits through more charges. By providing an effortless charging experience and the ability to earn carbon credits for drivers, C+Charge is creating a new payment charging model that is good for the planet, good for society, and good for business. C+Charge – Crypto Fueled – Electric Charged.Upcoming RobotEra RobotEra building a sandbox-like planet-rebuilding metaverse.

RealEstateCryptoFund is a blockchain fund , backed by retail real estate assets, generating an annua… We have scientists, engineers along with business and marketing professionals in our team. Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Report to moderator Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve.

Hi, it’s because of the market price that oil company would to pay https://cryptolisting.org/ company to process 1 tonne of drilling mud once they are operating. See more information about our project at our website odmcoin.com, join our group and become a part of the team. Bi Platform helps to make smart-contracts without knowledge of programming. This platform will have many users and it will be possible to pay with these tokens.

You will become a robot, managing your own land and participating in the creation of the world. It can also acquire resources from the land, create robot companions. Here, create everything you can imagine and start a new era with other robots. Robotera provides a shared multiverse that connects with other worlds, opening theme parks, concerts, museums, and more.

All manufactured machinery, technological and scientific intellectual property will be reflected on balance sheet. Oil odmcoin services start-up company from Tyumen just finished. Tyumen oil services project raised funds in cryptocurrencies.

Absolutely, that is the well known option of investment right now and we also have lots of options of the field of industry which we can choose to go. The advantages are the legitimacy of companies, opportunities to find investors, services of the platform, mutual payments between the members of the BIC and many others. All tokens will be of ERC20 standard and stored on the personal account of the website. The Platform allows easily exchange them and use services of the Platform and Club. Their websites will be launched soon and you will be able to know all the options.

Price chart

Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. There is no recent price data for this coin, because we don’t see trading activity currently. Each investor will need to install a wallet application, which is a part of the blockchain node.

They developed a Blockchain Industrial Club which is a platform to.. With the development of the blockchain technology and possibility of creating your own tokens and cryptocurrencies, there are many fields that want to improve their work by connecting to the.. ODMCoin is the first blockchain option in oil&gas sector.

What is ODMCoin

This is a project aimed at the production of equipment to process and recycle oil wastes. The company launces ICO to raise money for the project. ODMCoin is token which is issued and used to account for material resources and user interaction. As you all may know what is ICO and tokens giving privileges to its holders.

For bounty 2% of ICO

Good examples are ODMCoin tokens that grant a right to join BIC and use club’s services. ODMCoin is one of the first blockchain based projects in Oil&Gas sector. They announced about improvements made and ICO start that is on March 17th, 2018. Crypto future of ecology is a first international blockchain project in the sphere of oil and gas industry Modern industry requires modern ways of its adaptation to environment.. Good project and team im joined bounty facebook and twitter good luck guys im support you.

We plan to start up a service company without involving banks and loans and buy back tokens ODMCoin minimum at $132. First investment blockchain option in the oil and gas sector. The site offers such the helpful yet simple ideas related to the blockchain option investment in oil and gas. They offer lots of great benefits including the benefits of investment which is truly based on the current productions which are really existing. Then, they also offer the total transparency at any kinds of the stages.

The token will be available on the exchange when 10% of Soft Cap is raised. Its a crowdfunding pretty much, so anyone could become an investor. Most important is transparency and comfort of making investments.

Do not expect your transactions to be anonymous unless you really know what you’re doing. Those who have already taken part in preICO will get Bi Platform tokens. We’ve detected that JavaScript is disabled in this browser.