Paid leave?

Sushil Maroo, once considered a confidant of Naveen Jindal, resigned as deputy managing director of Jindal Steel and Power in the last week of August and joined Essar Energy as chief executive officer. But his old company seems unwilling to part ways with him, possibly because Maroo was there for 12 years. In a notice to BSE on September 11, the company, which is under the Central Bureau of Investigation scanner for irregularities in a coal block allocation, said its annual general meeting would be held on September 30 to discuss various resolutions. Among these is resolution no 12, which stated that it would consider the revised package/incentives of Maroo, who was appointed deputy managing director for a period of five years from April 2013.