Audit Reports

However, the existing service provider is continuing as identifying a replacement partner was delayed. The MOU did not provide for an exit strategy plan for fulfilment of the contractual obligations as regards transfer of assets and intellectual property rights. The consequent risk of......

As per provisions of the UDAY Scheme and tripartite MoU, out of total outstanding debt (₹ 14,720.50 crore) pertaining to DISCOMs as on 30 September 2015, the GoAP was to take over ₹ 8,892.46 crore. Against this, as on 31 March 2018, the GoAP took over total debt of ₹ 8,256.01......

\bn th\bs project as well, as all the four ph ases were projected to be completed w\bth\bn 12 months wh\ble rema\bn\bng t\bme was allocated for MoU f\bnal\bsat\bon, problem formulat\bon etc. Thus, IT projects were \bll-planned as the t\bmel\bnes comm\btted were unreal\bst\bc e.g. \bn Safe......

Provisions of the MoU between IM and NBCC, records, files, documents and other relevant information were sought from the audited entity. Audit analysed the records/information furnished to audit, in relation to the audit objectives. IM did not offer its comments on the observations, but......

Recruitment rules for faculty should be notified by the Ministry at the earliest. • MoU, clearly laying out performance parameters and output targets, should be entered into between the Ministry and the NIPERs. The Ministry accepted (July 2019) the recommendatio ns and assured to take......

for Intellectual Property (IP) Management and Technology Transfer/ Commercialisation (2006) provide that IP rights will be guided by the Umbrella MoU between ICAR and SAUs. The MoU inter alia stipulates that IP rights from AICRP projects would be the joint property. In such cases IP claims/......

An IPP signed (September 2006) an MoU with GoO for setting up a thermal power plant. The plant consisted of four units , each having an installed capacity of 600 Mega Watt (MW) . Accordingly, IPP signed (September 2006) Power Purchase Agreement (PPA) with GRIDCO which was subsequently......

Commercial Paper of a Public Limited Company - a non-borrower customer - led to doubtful recovery of the principal of `48.37 crore and additional a mount of `1.63 crore in Jammu and Kashmir Bank Limited. ( Paragraph: 5.1) Inadequate due diligence by Jammu and Kashmir Bank Limited while assessing......

on Nano Science and Nano Technology NIT Srinagar - - - 132.12 - 59 National Programme for Youth and Adolescent Development Jawahar Institute of Mountaineering and Winter Sports 85.95 - 164.16 200.19 - 60 Research and Development Department of Bio Technology JK Universities - - - 1,159.13 -......

Chapter-I : Finances of the State Government 21 In accordance with the MOU, the Govt. of J&K borrowed funds to the tune of `3,537.55 crore ( `2,140 crore in 2015-16 & `1,397.55 crore in 2016-17) from RBI by issue of Non SLR bonds. This money was utilized by the State Govt. to clear......