Latest news with #AWAS
Focus Malaysia
06-06-2025
- Automotive
- Focus Malaysia
Malaysian motorists debate how to ‘outsmart' AI-powered AWAS cameras that calculate point-to-point journey times
SPEED kills. Everyone knows it but too many motorists ignore the prescribed speed limits. With a variety of navigation tools being able to alert drivers of speed traps, it has become imperative that a new deterrent be found. The latest anti-speeding devices was shared on X by Abang aji (@aponakdikato) who detailed out that the new-fangled Automated Awareness Safety System (AWAS) calculates the average speeds between two points. SISTEM SPEED TRAP TERKINI BERMULA 1 JUN 2025 Mulai 1 Jun 2025, pihak berkuasa akan mengaktifkan sistem AWAS: Pengesanan Kelajuan Purata Titik-ke-Titik di lebuh raya utama. Sistem ini akan mengira purata kelajuan berdasarkan masa perjalanan antara plaza tol ke plaza tol. 1/2 — Abang aji🪵 (@apanakdikato) June 2, 2025 If a motorist arrives at a certain destination faster than the average time required to cover the distance, it will be surmised that the speed limit was NOT observed. 'A court summon will duly be served as opposed to an ordinary summon,' warned the poster. He went on to share the location of these cameras along the North-South Expressway (PLUS). According to media reports, the new AWAS system is set to begin pilot testing on two highways: the KL-Karak Expressway and the North-South Expressway starting in June. Editor's Note: But the latest media report by Berita Harian citing Transport Minister Anthony Loke Siew Fook's office stated that the trial dates for AWAS have not yet been ascertained. This is despite back in March, the Transport Ministry's secretary-general Jana Santhiran Muniayan having mentioned that the AWAS trials would kick off in June. On the KL-Karak Expressway, the AWAS speed camera will monitor speed limits of motorists travelling between the Genting Sempah tunnel and the Gombak Rest and Relaxation Area. On the North-South Expressway, the test run will cover the stretch from the Senawang toll plaza to the Simpang Ampat toll plaza in June. The reaction online was decidedly mixed with some motorists eager for a system that can catch speed demons while motorists who like to floor it are circumspect. One netizen reckoned that it would be best if a vehicle had cruise control, allowing the driver to maintain a constant speed that is below the prescribed limit. Another simply remarked that he would have 'to make a couple more stops at various R&Rs' to prolong his travel time. However, one motorist could not hide his contempt over such attempts to nab speed demons, stating that no such attempts were made to enforce road safety regulations. He was alluding to heavy vehicles and possibly the recent accident that claimed nine Federal Reserve Unit (FRU) members' lives. This was a good idea noted one netizen who however questioned if it would be truly effective. He counselled that an awareness campaign would be better suited. Forget about racing-oriented or performance vehicles was the advice proffered by another netizen. Better to focus on fuel-saving models was the pertinent point. But as pointed out by one commenter, this was just a pilot scheme with full roll-out further down the line – possibly in September 2025. Typical of Malaysians, there will be loud calls for stern action whenever a road tragedy occurs such as the aforementioned crash involving a FRU truck. But when possible solutions are suggested, they are met with scepticism and grumblings of it being heavy-handed. Malaysian motorists need to choose – safety over speed or vice versa. It just doesn't go both ways. – June 4, 2025
Time of India
06-06-2025
- Business
- Time of India
SpiceJet shares in focus after NCLT asks lessors to submit valid power of attorney
SpiceJet shares will be in focus on Friday after the National Company Law Tribunal (NCLT) directed three aircraft lessors of the airline to submit a valid Power of Attorney by July 3. The directive came during a hearing on insolvency petitions filed by AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland. The three lessors are seeking insolvency proceedings against SpiceJet over alleged defaults totalling Rs 77 crore in April 2024. During the June 2 hearing, SpiceJet's legal counsel pointed out that the Power of Attorney presented by the petitioners was only valid until February 11, 2025. The airline argued that no updated or currently valid authorisation had been submitted since. 'In order to continue the proceeding by the person who has initiated this petition, there must be a valid Power of Attorney existing at the present point of time,' the NCLT noted in its order. In response, the lessors' counsel requested time to submit updated documents. The tribunal accepted the request and scheduled the next hearing for July 3. Also Read: From Zoho's Radha Vembu to Nykaa's Falguni Nayar: India's top 10 first-gen women wealth creators in 2025 SpiceJet, in operation for 19 years, is facing multiple financial and legal challenges. The airline has been the subject of several insolvency petitions filed by creditors, including Willis Lease, Aircastle Ireland, Wilmington, and Celestial Aviation, across both the NCLT and the appellate tribunal NCLAT. Also Read: Ola Electric, Kalyan Jewellers among 10 firms where promoters pledge increased in Q4 SpiceJet shares closed at Rs 42.29 in the previous session, down 0.9% on the BSE, while the benchmark Sensex rose 0.55%. The stock is down 25% year-to-date and 31% over the past six months. The company's market capitalisation stands at Rs 5,421 crore. Also Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
06-06-2025
- Business
- Time of India
NCLT asks SpiceJet's aircraft lessor to file valid Power of Attorney, ET Infra
Aviation 1 min read NCLT asks SpiceJet's aircraft lessor to file valid Power of Attorney The NCLT direction came during a hearing on the petitions filed by the three lessors - AWAS 36698 Ireland, AWAS 36694 Ireland and AWAS 36695 Ireland.
Time of India
05-06-2025
- Business
- Time of India
Tribunal flags lapse: NCLT seeks updated Power of Attorney from SpiceJet's lessors; next hearing set for July 3
The National Company Law Tribunal (NCLT) halted proceedings on insolvency pleas by three Ireland-based lessors over a Rs 77 crore default, after SpiceJet raised a legal validity issue. The tribunal has asked three aircraft lessors of SpiceJet to submit a valid Power of Attorney (PoA) to continue insolvency proceedings against the airline, after it was pointed out that the current PoA on record expires in February 2025, PTI reported. The matter pertains to petitions filed in April 2024 by AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland, seeking to initiate insolvency proceedings against the low-cost carrier over alleged defaults totalling Rs 77 crore. During the hearing on June 2, SpiceJet's counsel argued that the PoA held by the person filing the petitions was only valid until February 11, 2025, and no fresh document had been submitted to prove current authorisation. The NCLT, in its order, noted the objection and said: 'In order to continue the proceeding by the person who has initiated this petition, there must be a valid Power of Attorney existing at present point of time.' In response, counsel representing the lessors requested additional time to file the updated document. Accepting the request, the tribunal posted the matter for next hearing on July 3, 2025. SpiceJet, which has been in operation for 19 years, is facing several insolvency petitions across forums. These include filings from creditors such as Willis Lease, Aircastle Ireland Ltd, Wilmington, and Celestial Aviation, both at the NCLT and the appellate tribunal NCLAT. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
05-06-2025
- Business
- Time of India
NCLT asks SpiceJet's aircraft lessor to file valid Power of Attorney
Synopsis The NCLT has instructed three aircraft lessors of SpiceJet, namely AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland, to submit a current and valid Power of Attorney. This directive follows insolvency pleas filed by the lessors against SpiceJet over a Rs 77 crore default. The matter is scheduled for further hearing on July 3, 2025.
