Nadda Visits NIPER Mohali, Reviews Biopharma Research and Innovation (See 'Corp Brief') BIS publishes six New Standards for Priority Assistive Products (See 'Corp Brief') Atmanirbhar Panchayat Program to focus on strengthening financial self-reliance of Panchayats (See 'Corp Brief') Bharat Khera Assumes Charge as Secretary, Ministry of MSME (See 'Corp Brief') Pilibhit in UP to get India's first integrated Basmati, organic training-cum-demo farm (See 'Corp Brief') FTA integrates Ayurveda and yoga into modern trade frameworks (See 'Corp Brief') India Grounds $6.1 Billion Investments in FY26, Expects 31,000 Jobs (See 'Corp Brief') Companies Act - Continuation of Look Out Circular invalid where no FIR is registered against person, all prior travel permissions are complied with & no material exists to show likelihood of him absconding: HC (See 'Legal Desk') Op Sindoor demonstrates transition from diplomatic statements to concrete action on terror (See 'Corp Brief') NARCL contributes to improving recovery outcomes & unlocking value for lenders (See 'Corp Brief') IPR - Issues relating to validity of trademark registrations, alleged misrepresentation, and authenticity of documents would be examined at trial, if no party is able to establish substantial goodwill in their respective marks: HC (See 'Legal Desk') DRDO & Indian Navy conduct maiden successful Salvo launch of NASM-SR missiles (See 'Corp Brief') Sacred relics of Lord Buddha arrive in Leh, witnesses spiritual gathering (See 'Corp Brief') PMLA - Separate properties of another company or LLP cannot be attached merely because of shareholding linkage, absent demonstrated money trail to such properties: SAFEMA (See 'Legal Desk') Electrification of buses & trucks is essential for achieving India's decarbonisation targets (See 'Corp Brief') Health-Seeking Behaviour Strengthens as Proportion of Population Reported Ailing in 2025 Nearly Doubles (See 'Corp Brief') IBC - Minimum default threshold u/s 4 is met in case involving operational debt denominated in foreign currency, if foreign currency amount is converted into Indian Rupees with reference to exchange rate prevailing on date of invoice: NCLT (See 'Legal Desk') Railway Minister to Flag Off Extended Srinagar-Jammu Vande Bharat (See 'Corp Brief') Competition Act - Tender conditions & eligibility criteria are primarily within procurer's domain and, absent evidence that such clauses restricts competition or cause exclusionary harm, no intervention is warranted: CCI (See 'Legal Desk') Secretary, DFS Lauds MUDRA Schemes of Financial Inclusion with Public Sector Banks (See 'Corp Brief') Trade Mark - Defendants' conduct of running a coordinated fraudulent recruitment scheme, impersonating the plaintiffs & extracting money from each candidate, is deliberate exploitation of plaintiffs' goodwill & causes reputational harm: HC (See 'Legal Desk') CCI approves Mizuho Securities to acquire certain equity of Avendus Capital (See 'Corp Brief') SAFEMA - Certain transaction falls within ambit of benami transaction where appellants failed to produce supporting material, despite opportunity, to establish legitimate source of funds either in hands of lender or alleged contributors: SAFEMA TRIBUNAL (See 'Legal Desk') CCI approves merger of A1 Agri Global, B.N. Agritech & Salasar Balaji Overseas (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') CCI approves acquisition by MAIF in Maple IM, Maple PM & Maple Trust (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') World IP day - Govt announces 3-year fee waiver for sports-related IP registrations (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT)

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.

TIOL CORP SEARCH

TIOL GROUP WEBSITES