CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

FNCCI’s AGM, poll still in limbo

CEO TAB by CEO TAB
September 15, 2020
in Prime News
0
"Govt is blatant downplaying the plights of battered businesses"
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, September 15 : It is still not certain as to when the general assembly and election of the Federation of Chambers of Commerce and Industry (FNCCI) will take place. Due to the coronavirus pandemic and subsequent restrictive measures, their date has already been postponed twice.

You might also like

Nepal Airlines’ Financial Crisis Deepens as Debt Burden Surges

Import Loans Rise Sharply as Private Sector Lending Remains Weak

Government Assures Adequate Sugar Supply Despite India’s Export Ban

Earlier in March, the FNCCI had decided to hold its its 54th Annual General Meeting (AGM) and election between April 10 and 11 as per its statute. But, the very date was first deferred to May 20 and 21 and then till August 10 and 11.    

The FNCCI recently formed a sub-committee to carry out a study on how and when the AGM and election can be conducted amidst the COVID-19 crisis. It was comprised of six members: Arunraj Sumargi, D.B Basnet, Er. Binod Dhakal, Sunil Gopal Shrestha, Bharatraj Acharya and Ranjeet Acharya.

  After undertaking the required study, the sub-committee submitted a report to Bhawani Rana, president. FNCCI.  The report has recommended to virtually (through Zoom) hold the inauguration, closed session and closing programmes of the AGM. Similarly, another suggestion of it is to directly conduct the election of the members of all four categories-district/municipality level chamber of commerce and industry, commodity association, binational chamber of commerce and industry and associate- in Kathmandu. The system of e-voting is proposed for holding the poll.

However, the FNCCI members are said to be especially divided over this proposition. Some believe that this will produce credible election results, while others do not subscribe to this belief. It may be noted that they are bickering over not only on this issue but also on the postponment of the AGM an election date.

FNCCI Vice President Chandra Prasad Dhakal along with another Vice President Umesh Lal Shrestha and Treasurer Nirak KC have been opposing the deferral of the AGM and election date. Their main disagreement is that the office bearers instead of the executive committee made such an important move.

Such internal discord in the FNCCI has only added to the already existing uncertainty regarding the date of the AGM and poll. “It seems that they will not take place at least before the upcoming festival of Chhath that falls on November 20,” a member of the FNCCI was quoted as saying.

As per a provision in FNCCI statute, the current Senior Vice-President of FNCCI, Shekhar Golchha, will become the new president automatically.

FNCCI’s two vice-presidents — Chandra Dhakal and Kishore Pradhan — have officially announced that they would vie for the post of senior vice-president of FNCCI.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Nepal Airlines’ Financial Crisis Deepens as Debt Burden Surges

by CEO Tab
May 18, 2026
0
Nepal Airlines to operate  daily flight in Kathmandu-Delhi route

The financial condition of state-owned Nepal Airlines Corporation has worsened significantly, with the national flag carrier facing mounting debt and growing concerns over its long-term sustainability. According to...

Read more

Import Loans Rise Sharply as Private Sector Lending Remains Weak

by CEO Tab
May 18, 2026
0
Loans from BFIs to private sector increases by Rs 192.64 billion till mid-January

Loans issued by banks and financial institutions (BFIs) for imports increased by 32 percent during the first nine months of the current fiscal year, reflecting growing demand for...

Read more

Government Assures Adequate Sugar Supply Despite India’s Export Ban

by CEO Tab
May 18, 2026
0
India extends ban on sugar exports by a year

The government has assured the public that there will be no shortage of sugar in the domestic market despite India’s recent ban on sugar exports. According to Ministry...

Read more

Nepal Rastra Bank to Review Standing Deposit Facility to Strengthen Interest Rate Corridor

by CEO Tab
May 18, 2026
0
Interest rates not to change despite high demand for loans

Nepal Rastra Bank has announced plans to review the existing Standing Deposit Facility (SDF) provision in an effort to make the interest rate corridor more effective. The move...

Read more

NRB Plans to Review Standing Deposit Facility to Strengthen Interest Rate Corridor

by CEO Tab
May 17, 2026
0
Interest rates not to change despite high demand for loans

Nepal Rastra Bank (NRB) has announced plans to review the existing provision of the Standing Deposit Facility (SDF) in an effort to make the interest rate corridor more...

Read more
Next Post
NEA bids farewell to CEO Ghising

NEA bids farewell to CEO Ghising

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.