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pfizer vaccine: India and Pfizer hit impasse over vaccine indemnity demand: Sources


Synopsis
India has not given any manufacturer of a COVID-19 vaccine indemnity against the costs of compensation for any severe side effects, which is a condition Pfizer has obtained in many countries where its shots have already been widely rolled out, including Britain and the United States.
Agencies
Pfizer withdrew its application for emergency use authorisation for the vaccine developed with Germany s BioNTech in February after India insisted on local trials.
Pfizer and the Indian government are at loggerheads over a demand by the U.S. drugmaker for legal protection from any claims linked to the use of its COVID-19 vaccine in one of the world s biggest markets, two sources told Reuters. ....

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How to Claim Mutual Fund Units After Death of the Unit-holder


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We save and invest in the hope of providing a better life for ourselves and our loved ones. But death is inevitable. So what happens to our mutual fund (MF) units when we die?
 
Transmission of MF units is a process whereby units held in the name of deceased unit-holder are transferred either to the surviving unit-holders or to the nominee or to the legal heirs. 
 
MF Asset Management Companies (AMC) have a common procedure for transmission of units, however, there might be a slight variation in formats or documents required across AMCs, but broadly the process is the same. ....

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Judge Gbeneweleh Lifts Stay Order on Electricity Construction Works for 4 Countries


Judge Peter Gbeneweleh of the Civil Law Court, Temple of Justice
The National Contracting Company’s efforts to suspend its  1,350 km transmission line project that would have allowed electricity power export from Cote D’Ivoire to Liberia, Sierra Leone and Guinea ended on Wednesday, December 23 when Civil Law Court ‘A’ upheld the contract.
In his ruling, Judge Peter Gbeneweleh said that the request by the Global Group, one of the contracting companies, to halt the civil foundation works for breach of contract is denied and the resistance to the motion filed by NCC is sustained. “NCC that is the respondent is hereby ordered to proceed with the construction of the project pending the hearing and determination of Global Group, the plaintiff’s preliminary injunction.” ....

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