CCI okays subscription to debentures of Napino Auto by IFC (See 'Corp Brief') Constitution of India - Writ jurisdiction of Court cannot be used by party for collecting evidence and documents against another party, against whom petitioner has pending disputes : HC (See 'Legal Desk') World Energy Congress 2024: Power Secy, Ambassador to Netherlands inaugurate India Pavilion (See 'Corp Brief') PMLA - Considering money trail and involvement of applicant in crime he is not entitled for anticipatory bail : HC (See 'Legal Desk') Competition Act - Informant has neither referred to any particular agreement nor provided any document which suggest existence of anti-competitive agreement : CCI (See 'Legal Desk') CSIR implements new in-house 'Accounts Manager Software' for financial management (See 'Corp Brief') PMLA - Applicant is not entitled for grant of anticipatory bail u/s 45 of PMLA as Court does not find any reasonable ground to believe that applicant is not guilty of crime : HC (See 'Legal Desk') SARFAESI Act - Petition has been filed to overreach recovery proceedings, wherein Petitioners have been found to be liable to pay certain amount so as to circumvent provisions of statutory appeal : HC (See 'Legal Desk') IREDA reports All-Time High Annual Net Profit, NPAs below 1% (See 'Corp Brief') SARFAESI Act - District Magistrate is under statutory obligation to decide application u/s 14 of the SARFAESI Act within thirty days : HC (See 'Legal Desk') IBC - Wilful defaulter proceeding cannot be relatable to recovery of debt but is merely an off-shoot of debt : HC (See 'Legal Desk') Competition Act - Since it is agreement between enterprise and end consumer, same is not covered within ambit of Section 3(4) of Act: CCI (See 'Legal Desk') Govt announces election of 11 members Veterinary Council of India (See 'Corp Brief') Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA (See 'Legal Desk') PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC (See 'Legal Desk') IBC - There is no scope of interference in writ petition since there is no arbitrariness, mala fides or palpably illegality in impugned order : HC (See 'Legal Desk')

India will achieve clean energy goals before 2022: MoS

Published: Aug 08, 2018

By TIOLCORPLAWS News Service

NEW DELHI, AUG 08, 2018: The Union Minister, MoS  (IC), Power and New & Renewable Energy, Mr Raj Kumar Singh, while speaking at the launch of NITI Aayog and CII Partnership on SDGs, at the Government and Business Partnership Conclave in New Delhi today has mentioned that business and government must partner for sustainable development of India. The event was organised by NITI Aayog, CII and UN.

The Minister said that in sustainable development three things matter the most: energy, water and circular economy/green industry. To action his 2022 agenda, he expressed confidence that India would achieve its clean energy goals even earlier than 2022 and urged everyone to be conscious and responsible towards the environment.   

Mr Amitabh Kant, CEO, NITI Aayog, in his address highlighted the high pace of urbanisation of India at a time when the countries such as USA and Europe are almost through with this process. Given our population, he emphasised that the only way to grow and develop sustainably is to use technology to leapfrog: use new and renewable energy and push for R&D and innovation to generate demand for electric vehicles, hydrogen cars, etc. and to find local solutions for 7 million strong population around the world.'  

Speaking at the occasion, Mr Yuri Afanasiev, UN Resident Coordinator, said that the conditions in India are favourable due to its nature, history and demography, to come up with solutions towards a sustainable and circular economy for the world to emulate.

CII-NITI Aayog have entered into a three-year partnership and an MoU was signed. This partnership focuses on specific activities that seeks to develop: 1. Vision and Action Agenda for businesses and industries to contribute to SDGs; 2. Annual Status Reports; 3. Sector-specific Best Practise Documents. On this occasion Dr Ashok Kumar Jain, Adviser, NITI Aayog, spoke about the partnership and welcomed CII for innovative initiatives going forward. 

TIOL CORP SEARCH

TIOL GROUP WEBSITES