Friday, August 16, 2019

FNCCI calls special AGM on November 15 to amend its statute

The executive committee meeting of the umbrella organisation of the private sector today decided to call a special annual general meeting (AGM) on November 15 to amend its statute to elect its next president through direct election.
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) statute was last amended three years ago – in October 2016 – just before the election of incumbent president Bhawani Ranato directly appoint the senior vice-president to president.
However, the private sector has called the special AGM to amend the same provision once again just in three years, at the end of the incumbent president. A group of members led by former president of FNCCI and senior member Chandi Raj Dhakal had tabled the proposal to call special AGM during the previous executive committee meeting.
According to vice president of FNCCI Kishor Pradhan, the proposal to host the special AGM on November 15 has been passed unanimously at today’s meeting.
The FNCCI executive committee meeting approved the proposal unanimously today, though former FNCCI president Pashupati Murarka submitted a note of dissent against FNCCI executive committee’s decision to call for special AGM, he said.
Muraraka, however, claimed that the FNCCI executive committee passed the proposal without necessary discussion with its members as required by the statute.
Chandi Raj Dhakal – who was the architect to amend the provision three years ago – has been lobbying against the same system of directly appointing the senior vice-president to FNCCI’s top post, and seeking amendment to the FNCCI statute this time. Noone knows but only can guess why Dhakal has reverted on his earlier stance and is calling for direct election of president, though directly elected president is more vibrant and able to voice the concern of the private sector, whereas the appointed president is reluctant on the issues of the entrepreneurs, the entrepreneurs say.
Dhakal, who is reportedly reeling under huge debt, has been a kingmaker in the FNCCI politics since long.
The current senior vice-president of FNCCI Shekhar Golchha will be appointed president in six months, if the FNCCI statute is not amended. But the amendment proposal, if passed by the special AGM, will change the scenario of the FNCCI as it will again go on direct voting like all the time, except the incumbent president Rana’s time in October 2016.
According to vice president Chandra Dhakal, there are some three dozen amendment proposals to the FNCCI statute, including the amendment of election or direct appointment of president, and the special AGM will discuss on all of them on November 15.

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