HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Govt extends timeline for Global Tender for REPM scheme (See 'Corp Brief') Indian Pharmacopoeia Commission organizes Scientific Conclave (See 'Corp Brief') A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk') Scindia reviews Key Development Projects during Sikkim Visit (See 'Corp Brief') Union Minister of State for Coal & Mines reviews CMPDIL (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief') Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Railways carries 170% more Cement in last 4 Months (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

Scindia chairs Advisory Committees for Integrated Steel Plants and Secondary Sector industry

Published: Aug 09, 2022

By TIOLCorplaws News Service

NEW DELHI, AUG 09, 2022: Union Minister of Steel & Civil Aviation, Jyotiraditya M. Scindia, chaired a meeting of the two Advisory Committees formed for Integrated Steel Plants and the Secondary Steel industry  yesterday. The Minister of State for Steel and Rural Development, Faggan Singh Kulaste was also present at the meeting. Eminent members of the steel industry, associations, academia, senior retired officials from the Government are members of the Committees.

In the first meeting held yesterday, it was decided that these Committees shall deliberate on the issues of importance pertaining to the steel sector.

Addressing the members of the Committee, the Minister emphasised that the mantra of the Government is to make decision-making participatory. There is a great amount of interplay between various other sectors including logistics, coal & mines, the State Governments etc. The purpose of forming Advisory Committees is to ensure active participation of stakeholders to listen to the issues and possible course of action directly from the stakeholders, which will ensure success of steel sector.

Issues to be dealt on priority were identified by both the Advisory Committees.

Jyotiraditya M. Scindia urged the industry to take active part in the Advisory Committees and said that the periodicity of the meetings will depend upon the industry's desire to push forward to resolve issues common to the sector.

Thanking the Minister, the Committee members welcomed the idea of formation of the Committees and assured full cooperation for robust development of the sector and achieving the targets set in the National Steel Policy 2017.

TIOL CORP SEARCH

TIOL GROUP WEBSITES