Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (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') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (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') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (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') IPR - As Constitutional Court under Article 215 of Constitution, appropriate orders are warranted to ensure that its directions are not taken in perfunctory or dismissive manner: HC (See 'Legal Desk') Prohibition of Benami Property Transactions Act, 1988 - Mere involvement of cash does not exclude transaction from ambit of benami, particularly where source is undisclosed & transaction is structured to legitimize unaccounted money during demonetization: SAFEMA Tribunal (See 'Legal Desk') PMLA - Mere fact that some allegations in predicate FIR were quashed, or that attached property was allegedly purchased before crime period, did not invalidate attachment if companies were recipients of proceeds of crime: SAFEMA (See 'Legal Desk')

Secretary chairs Stakeholders' Meeting to review preparations of India Steel 2025

Published: Feb 04, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 04, 2025: THE Secretary, Ministry of Steel, Sandeep Poundrik, chaired a high-level stakeholders' meeting today to discuss the upcoming 'India Steel 2025' event, scheduled to take place on April 24-26, 2025. The meeting was attended by senior Government officials, Ambassadors of Nations important in the steel value chain and representatives of key States, Chairman and Managing Directors (CMDs) of Central Public Sector Enterprises (CPSEs) and senior officers of leading private industries also participated in the Meeting.

The 'India Steel 2025' is an international exhibition-cum-conference aimed at providing a strategic platform for industry stakeholders, policymakers, and business leaders. The event will showcase India's thriving steel sector while addressing key challenges and emerging opportunities shaping the industry's future.

Key Highlights of India Steel 2025:

- Industry Participation & Coordination - Engaging key stakeholders to align on policy frameworks and industry growth strategies.

- Roundtable Conferences - In-depth discussions on sector-specific topics, international collaboration, and emerging trends.

- Exhibition & Innovation Showcase - Displaying cutting-edge technologies and innovations revolutionizing the steel industry.

- Reverse Buyer-Seller Meet (RBSM) - Facilitating trade opportunities and fostering new business engagements.

- International & Diplomatic Engagement - Strengthening cooperation between domestic and global steel industry leaders.

Secretary, Ministry of Steel, Highlighted India's Role in the Global Steel Industry

Speaking on the occasion, Sandeep Poundrik emphasized the importance of a collaborative approach and India's pivotal role in global steel production and consumption. He stated:

"India's steel demand is growing at a rate of 9% to 10%, the highest among major global economies. The industry stands at a crucial juncture, with significant advancements in green steel production and sustainability initiatives on the horizon. Strategic global partnerships will create new avenues for collaboration in raw material sourcing, technological innovation, and industry expansion."

'India Steel 2025' will serve as a catalyst for collaboration, investment and technological advancements, reinforcing India's leadership in the global steel sector. This initiative underscores strong commitment to industry growth, innovation and global competitiveness. All relevant stakeholders were encouraged to actively participate and contribute to discussions that will shape the future of steel sector.

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