EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS Sample Clauses

EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. All powers available to MOU signing Miniratna Companies will continue to be available with KIOCL Limited.
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. Hindustan Newsprint Limited (HNL) will be empowered with all such delegated powers as are given to Miniratna – I Companies from time to time. PART – III
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. Delegation as granted to MOU signing companies by the Government of India as per Ministry of Industry’s OEM No. BPE 1(18)/88-Fin. (PPU) dated 19.10.1988 and subsequent orders on the subject will be applicable to HEC. Separate Statement at Paqes 4 to 5 COMMITMENT OF HECL HEC undertakes to achieve the performance targets for the Financial Year 2014-15 in respect of operational, financial and other parameters as outlined in the enclosed Statement. ASSISTANCE FROM THE GOVERNMENT OF INDIA
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. 2.1 The exercise of enhanced autonomy and delegation of financial powers on capital expenditure, joint ventures, strategic al iances, organizational restructuring, creation and winding up of the posts, schemes relating to personnel and human resources management, etc. should be incorporated in the MOU.
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. HPC will be empowered with all such delegated powers as are given to Miniratna-I Companies from time to time. PART – III
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. Pursuant to the award of 'Miniratna, Category l' status to HCL, the Board of HCL has been provided with enhanced power as per the scheme applicable to 'Miniratna, Category 1PSU. . ~ •. !."•'.'!!.".•'..'.!"."..!.' !!!.!"•!•!!'!"!!!'.!"!!"'!.!!'.!!!'!!!!!!.!!'!!!!!~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!'!!!!!!!!!!!!!!!!!!!!!!!!!!!!'!!!!!!!!'!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!'!!!!!!!!'!!!!!!!!'!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HCL MOU 2012-13 Page 3 - . "'- :PART -III PERFORMANCE EVALUATION PARAMETERS AND TARGETS MoU Assessment Format for Industrial CPSEs - Manufacturing and Mining CPSEs Details are enclosed at Annexure III as per format - .
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. To attain the mission and objectives specified in the MoU, delegation of powers promulgated by Department of Public Enterprises from time to time for MoU signing companies and Miniratna Category-I companies will automatically be applicable to BEML in addition to those already promulgated. - 2 – Sl No Criteria Units Wtg MoU target 2013-14 MoU target 2014-15 Excellent Very Good Good Fair Poor Documentary Evidence and Source/ Origin of documents for evaluation 1 STATIC/ FINANCIAL PARAMETERS (50%) Growth/Size/Activity Sales Turnover, excluding interest and other income, excise duty, custom duty, VAT or any other duty, tax etc. Gross Operating Margin* Profitability PBT/Net Worth Costs and Output Efficiency Manpower Productivity Value Added** / Employee Cost Efficiency of Asset Use Average No. Days of Inventory Average collection period of Trade receivables (Debtors Turnover Ratio) (i) a) Rs. Cr. 9 - 3,600.00 3,900.00 3,600.00 3,429.00 3,260.00 3,103.00 b) Rs. Cr. 9 - 360.00 409.50 360.00 342.90 326.10 310.30 (ii) a) (iii) a) % Ratio 10 10 - - 5.81 1.95 7.77 2.00 5.81 1.95 5.24 1.90 4.58 1.80 3.92 1.75 Audited Accounts/ Annual Report (iv) a)b) No. of Days No. of Days 66 -- 210.00 120.00 200 115 210 120 218 125 226 135 232 140 * Detail calculation enclosed as Annexure VI **Value Added=Sales Turnover-Cost of goods and services bought from outside Note: Since the impact of IFRS is not clear as on date, the financials have been worked out based on existing GAAP / Company Policy as per revised Schedule VI. For MoU target 2014-15 (Very Good) in Rs. Cr MEMORANDUM OF UNDERSTANDING 2014-15 PART III PERFORMANCE OBLIGATION OF BEML LIMITED - PERFORMANCE CRITERIA THE PERFORMANCE OF THE COMPANY WOULD BE JUDGED ON A FIVE POINT SCALE AS GIVEN BELOW : PBT 126.22 Net Worth 2172.85 Value Added on VoP(Net) 1437.37 Inventory Turnover Ratio 1.73 Debtors Turnover Ratio 3.04 Sl No Criteria Units Wtg MoU target 2013-14 MoU target 2014-15 Excellent Very Good Good Fair Poor Documentary Evidence and Source/ Origin of documents for evaluation 2 (i) DYNAMIC PARAMETERS/ NON-FINANCIAL PARAMETERS Corporate Social Responsibility (CSR) & Sustainability A) Distribution of Physical aids to Persons with disabilities B) Mitigation of Carbon Emissions as a result of various measures taken by the Company No. of persons Tonnes 1.0 2.0 25 18000 90 20000 100 22000 90 20000 80 18000 60 16000 <60 14000 Verification from External Agency
Sample 1
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. 2.1 All such powers are available to the Executive Council (EC) of the University as are provided for by the Act and Statutes as well as ordinances framed thereunder. The Executive Council (EC) shall not use its power to lay down any policy has an overriding or overruling impact on the University’s Act.
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EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS. Pursuant to the award of 'Miniratna, Category l' status to HCL, the Board of HCL has been provided with enhanced power as per the scheme applicable to 'Miniratna, Category l' PSU. PART -III PERFORMANCE EVALUATION PARAMETERS AND TARGETS MoU Assessment Format for Industrial CPSEs - Manufacturing and Mining CPSEs Details are enclosed at Annexure II as per format PART IV: COMMITMENTS/ASSISTANCE FROM THE GOVERNMENT o Assistance of Ministry for getting speedy environment and forest clearance for Renewal of Mining Lease of various mines of the Company. o Reserving the areas (not notified yet by the State Govt. in Madhya Pradesh, Rajasthan & Haryana) for HCL for MLlPLlRP for which applications have been submitted to MOM, New Delhi.
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Related to EXERCISE OF ENHANCED AUTONOMY AND DELEGATION OF FINANCIAL POWERS

  • CESSION AND DELEGATION Subject to the provisions of this Agreement, neither Party shall be entitled to cede or delegate any of its rights or obligation in terms of this Agreement, in whole or in part to any other Party or person without prior written consent of the other Party.

  • Your Legal Power to Sign and Invest You have the legal power to sign this Investment Agreement and purchase the Note.

  • Administration of Medication Employees required to administer or apply medication(s) prescribed by a qualified medical practitioner, will be trained at the Employer's expense. Employees who have not received this training will not be permitted to administer such substances.

  • Construction and Delegation If any term of this Agreement is found by a court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable, it shall be construed in such a way as to eliminate the offending aspects while still giving as much effect as possible to the intentions of such term. If this cannot be done and the entire term is invalid, illegal or unenforceable and cannot be so repaired, then the term shall be considered to be stricken from this Agreement as if it had not been included from the beginning. In any such case, the balance of this Agreement shall remain in effect in accordance with its remaining terms notwithstanding such invalid, illegal or unenforceable term. Neither the course of conduct between parties nor trade practice shall act to modify the provisions of this Agreement. We may authorize or allow our contractors and other third parties to provide the services necessary or related to making the Service available and to perform obligations and exercise our rights under this Agreement, and we may collect payment on their behalf, if applicable.

  • Customs Duties of a Fiscal Nature The provisions concerning the abolition of customs duties on imports shall also apply to customs duties of a fiscal nature.

  • Delegation of Powers Subject to any limitations set forth in the Act, the member(s) may delegate any of its powers to officers of the Company or to committees consisting of persons who may or may not be member(s). Every officer or committee shall, in the exercise of the power so delegated, comply with any restrictions that may be imposed on them by the member(s).

  • Delegation of Authority The General Partner may delegate any or all of its powers, rights and obligations hereunder, and may appoint, employ, contract or otherwise deal with any Person for the transaction of the business of the Partnership, which Person may, under supervision of the General Partner, perform any acts or services for the Partnership as the General Partner may approve.

  • Nonassignability and Delegation a. The Contractor shall not assign or otherwise transfer any interest in this Agreement or in the project in any manner not provided for in this Agreement.

  • AGREEMENT OFFICIALS AND DELEGATIONS OF AUTHORITY ‌ The following are authorized to subscribe to and file this Agreement and any accompanying materials and any subsequent modifications to this Agreement with the Federal Maritime Commission:

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described.

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