Scheduled Commercial Banks can also become sponsors of PFs (See 'Corp Brief') MNRE assures full support to IREDA in its growth journey (See 'Corp Brief') IBC - Non- stamping or insufficient stamping of one of documents relied upon by creditor does not impede initiation of insolvency resolution process, which differs from enforcement action: NCLT (See 'Legal Desk') MoD records significant progress in implementing wide-ranging reforms (See 'Corp Brief') Lower CNG, PNG Prices to ease household and transport fuel costs: Govt (See 'Corp Brief') IBC - Penalty can be levied if lapses demonstrated non-compliance with statutory and regulatory obligations incumbent on IP, undermining interests of stakeholders and integrity of insolvency process: IBBI (See 'Legal Desk') DFS successfully concludes nationwide campaign - Your Money, Your Right (See 'Corp Brief') Chouhan on a three-day visit to Maharashtra (See 'Corp Brief') DoP & SIDBI sign MoU for Contact Point Verification of Informal Micro Enterprises (See 'Corp Brief') Competition Law - Practice of tying the sale of urea with other fertilizer products amounts to agreement that causes or is likely to cause an appreciable adverse effect on competition in India, thereby contravening Sec 3 of Competition Act: CCI (See 'Legal Desk') NICDC Logistics Data Services completes 10 Years of Operations in Logistics Data and Digital Systems (See 'Corp Brief') PM to inaugurate exposition of sacred Piprahwa Relics on 3rd Jan, 2026 (See 'Corp Brief') WAVES Bazaar, One Stop Portal for Showcasing India's Creative Talents (See 'Corp Brief') Competition Law - Control over DCE compatibility & restrictive contractual conditions could effectively make exhibitors/producers captive customers of specific post-production processors, harming competition: CCI (See 'Legal Desk') We will be able to run Vande Bharat train through Mangaluru route: Vaishnaw (See 'Corp Brief') President of India to confer AI Certificates (See 'Corp Brief') Negotiable Instruments Act, 1881 - Summoning order quashed where complaint lacks specific averments regarding petitioner's direct involvement in issuance of dishonored cheques: HC (See 'Legal Desk') DFS Secy highlights key initiatives for deepening digitisation of tribunals (See 'Corp Brief') Framework for professionalized Sports Governance being constructed (See 'Corp Brief') Negotiable Instruments Act, 1881 - merely being Director in company is per se not enough to establish vicarious liability under Section 141 of the Act, without clear allegations of role in company's affairs: HC (See 'Legal Desk') NHAI signs MoU with National Test House to Strengthen Quality Assurance in Highway Projects (See 'Corp Brief') PMLA - Fact that property is retransferred to the beneficial owner after completion of purpose for which it was given to benamidar, provisions of PBPT Act are attracted and it does not exonerate any party to benami transaction: SAFEMA (See 'Legal Desk') DoT extends Pro-Tem Security Certification Scheme for two years from 01-01-2026 (See 'Corp Brief') PMLA - Even if predicate offences were not directly linked to appellants, ingredients of money laundering under PMLA could still apply as per settled legal precedent: SAFEMA Tribunal (See 'Legal Desk') PMLA - Attachments of even bank balances can be sustained if enforcement agency satisfies statutory scheme and evidentiary requirements: SAFEMA Tribunal (See 'Legal Desk') Joshi releases Indian Standard for Electric Agricultural Tractor (See 'Corp Brief') IPR - Generic or commonly descriptive word can never become trade marks on their own as they never acquire distinctiveness or a secondary meaning: HC (See 'Legal Desk') NTH signs MoU with DRDO's DMSRDE for research, testing and training collaboration (See 'Corp Brief') IPR - Kohinoor's trademark registrations in Delhi and marketing agreement executed between parties in Delhi were sufficient to vest territorial jurisdiction in Court: HC (See 'Legal Desk')

IREDA celebrates legacy: Past leaders share Vision for Future

Published: Apr 12, 2024

By TIOLCorplaws News Service

NEW DELHI, APR 12, 2024: ON the occasion of "Public Sector Day" on April 10, 2024, Indian Renewable Energy Development Agency Ltd. (IREDA) hosted a gathering, bringing together its predecessors and retired employees in a special event aimed at celebrating the organization's legacy and projecting a path forward for continued success. The event witnessed enthusiastic participation from most of the superannuated employees, including former CMDs and Directors, who assembled to reminisce and share valuable insights for the future trajectory of the company.

The occasion served as a platform for the esteemed veterans to recount their experiences and offer inputs for further enriching IREDA's journey. Former CMDs and Directors commended the rapid growth trajectory of IREDA and applauded the management's holistic approach towards fostering business success and ensuring the well-being of its workforce, including that of superannuated employees.

Speaking about the significance of the event, CMD, IREDA, Shri Pradip Kumar Das said: "This gathering holds immense significance as it not only honours the contributions of our valued predecessors and superannuated colleagues but also underscores our commitment to fostering a culture of inclusivity and collaboration. Their wealth of experience and insights are invaluable assets that will continue to guide us as we navigate the dynamic landscape of renewable energy development. Our growth story is not just about numbers and achievements; it's about the people who have been the foundation of our success. We are grateful for the wisdom and guidance of our predecessors, and we look forward to leading IREDA to new heights with the same spirit of excellence and collaboration."

A highlight of the celebration was the Hasya Kavi Sammelan, providing attendees with moments of laughter and camaraderie, further enhancing the celebratory atmosphere. The audience was spellbound by the profound messages woven into the poetry of Manisha Shukla, Shri Chirag Jain, and Shri Sunder Kataria. Held at the India Habitat Centre in New Delhi, the event was a testament to IREDA's commitment to fostering a sense of community and continuity among its workforce.

The event was also graced by Director (Finance) Dr. Bijay Kumar Mohanty, Independent Director Shri Ram Nishal Nishad, Chief Vigilance Officer Shri Ajay Kumar Sahani, and other senior officials. IREDA officials posted at the branch offices participated in the event in virtual mode.

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