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') Trade Marks Act - Issue of grant of registration can be remitted back to Examiner as trade mark could not be rejected and is required to be advertised : HC (See 'Legal Desk') LODR Regulations - Stay can be granted on effect and operation of order pending disposal of appeal on condition that Appellant deposits 50% of interest amount determined to be payable to CUHL : SAT (See 'Legal Desk') SARFAESI Act - If any borrower is aggrieved by action of private bank/ARC, then borrower has to avail remedy under SARFAESI Act and no writ petition can lie or is maintainable : HC (See 'Legal Desk') CCI approves acquisition of stake in PAMP Technologies by PAMP Ventures SA (See 'Corp Brief') SARFAESI Act - Due to failure to repay outstanding amount despite interim order, present petition is dismissed : HC (See 'Legal Desk') Limitation Act - Sec 14 of Limitation Act is wide in its application, inasmuch as it is not confined in its applicability only to cases of defect of jurisdiction but applicable also to cases where prior proceedings have failed on account of other cause : HC (See 'Legal Desk') IBC - Application is deemed to be withdrawn as it is filed at time when amendments came into force and it is incumbent upon FC to comply with newly enforced statutory requirements : NCLT (See 'Legal Desk') Indian Economic Service calls on President Murmu (See 'Corp Brief') Companies Act - ROC's decision of rejecting application for conversion is not contrary to legislative intent of Section 18 : HC (See 'Legal Desk') PMLA - If criminal case against person is quashed then there can be no offence of money laundering against him : HC (See 'Legal Desk') SEBI Act - Violation of various SEBI circulars by noticee stands established for which penalty can be imposed : SEBI (See 'Legal Desk') Ambuja Cements signs agreement to acquire 1.5 MTPA Grinding Unit at Tuticorin (See 'Corp Brief') PMLA - Any person aggrieved by order, even if person is not party to order, can file appeal u/s 26 of PMLA, 2002 before Appellate Tribunal : HC (See 'Legal Desk') Copyright Act - Trustee only owe fiduciary duty to beneficiary with regards to trust property and Registrar of Copyright to rectify Register in that registration shall be in name of Trust : HC (See 'Legal Desk') SEBI Act - Though broker has failed to be vigilant in securities market by allowing and facilitating non-genuine transactions but has not personally gained from transactions : SAT (See 'Legal Desk') IREDA celebrates legacy: Past leaders share Vision for Future (See 'Corp Brief') SARFAESI Act - Confirmed auction sale can be interfered by High Court by entertaining writ petition only when there is fraud/collusion and present case is not case of fraud or collusion : SC (See 'Legal Desk')

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Officers of MNRE working from Home through e-office platform

Published: Mar 28, 2020

By TIOLCORPLAWS News Service

NEW DELHI, MARCH 28, 2020: Ministry of New and Renewable Energy (MNRE) has been working through e-office from home. Besides movement of files and notings online, review meetings are also taking place through video conferencing. Mr R. K. Singh, Minister for New and Renewable Energy also took review meetings with all officers yesterday and today in which it was decided that MNRE will issue uniform combined guidelines for procurement of Renewable Energy (Solar, Wind, Hybrid) including Storage to facilitate investment in the sector and will continue to bring new bids so that investors can plan their investment.

During these meetings it was also decided that SECI and NTPC should immediately sign MoU with State Government of Rajasthan for setting up two RE park of 5000 MW capacity each. This arrangement would mark first phase of  25000 MW Ultra Mega RE Park proposed in Jaisalmer, Rajasthan. Further, contours for setting up 25000 MW RE park in Khavada, Gujarat were also finalised in consultation with the Ministry of Defence and State Government of Gujarat. Various options for capitalisation of IREDA were  also discussed.

MNRE also issued guidelines for Complete Solarisation of sun town, Modhera in Gujarat. Government of India has launched a Scheme with an objective to take forward Prime Minister's vision of solarisation of sun-temple town of Modhera in District – Mehsana, Gujarat. The Scheme envisages setting up of the renewable energy installations like 6 MW solar PV power plant, 15 MWh Battery storage, rooftop solar PV systems, smart meters, solar EV charging stations, etc. in Modhera, with an investment of around Rs. 65 Crores, with upto 50% central financial assistance (max. Rs. 32.50 Crs.) from Government of India through Ministry of New & Renewable Energy (MNRE) and balance 50% coming from Government of Gujarat.

The Scheme will fulfill the domestic and agricultural electricity needs of all the households of Modhera with solar energy, thereby setting up a pilot demonstration project for a village/ town running completely on solar energy.

The Government has already initiated tendering for the proposed installations through Gujarat Power Corporation Limited (GPCL) and aims to complete this project this year itself by December 2020. Implementation of this Project will be done by Gujarat Power Corporation Limited (GPCL).

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