Annual Report 2015-2016 1 (U91110KL1948NPL000469) Post Box No.236, Indian Chamber Road, Mattancherry, Cochin – 682002 Phone: 0484-2225966, Email: [email protected] Annual Report 2015-2016 Annual Report 2015-2016 2 Indian Chamber of Commerce & Industry (U91110KL1948NPL000469) Post Box No.236, Indian Chamber Road, Mattancherry, Cochin – 682002 Phone: 0484-2225966, Email: [email protected] C(5)/16 September 10, 2016 To Ordinary Members, Affiliated Members & Auditors Annual General Meeting - 30.09.2016 Notice is hereby given that the 119th Annual General Meeting of the Indian Chamber of Commerce & Industry, Cochin will be held on Friday, September 30, 2016 at 5.30 pm at its Registered Office at Indian Chamber Road, Mattancherry, Cochin-2, to transact the following business: ORDINARY BUSINESS 1. To consider and adopt the audited financial statements of the Chamber as on 31st March 2016 together with the Auditors’ report and the report of the Managing Committee. 2. To elect a President, a Vice-President and five Committee Members. 3. To ratify the appointment of the Auditors and fix their remuneration and in this regard to consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: Annual Report 2015-2016 3 “RESOLVED THAT pursuant to the provisions of Section 139 and other applicable provisions, if any, of the Companies Act, 2013 and the rules made there under (including statutory modification(s) or re-enactment thereof), the appointment of M/s Kaimal & Co., Chartered Accountants (Firm Registration No. 001746S), Cochin 682002, which has been approved at the Annual General Meeting held on 30th September 2014 for a term of 5 years, (i.e. from the conclusion of the 117th Annual General Meeting for the financial year ended 31st March 2014 until conclusion of the 122nd Annual General Meeting for the financial year ended 31st March 2019), be and is hereby ratified for the financial year 2016-17 on such remuneration as shall be fixed by the Managing Committee.” For Indian Chamber of Commerce & Industry, Sd/- M Vanchiswaran Secretary Note: A member entitled to attend and vote at the meeting is entitled to appoint another Member of the Chamber as his proxy to attend and vote instead of himself subject to the provisions of Section 105 of the Companies Act, 2013 and Rule 19(1) of Companies (Management and Administration) Rules, 2014. The instrument appointing a proxy may be in the enclosed Form. Such Form should reach the Registered Office of the Chamber at least 48 hours before the time fixed for the meeting. *** Annual Report 2015-2016 4 Indian Chamber of Commerce & Industry (U91110KL1948NPL000469) Post Box No.236, Indian Chamber Road, Mattancherry, Cochin – 682002 Phone: 0484-2225966, Email: [email protected] C(5)/16 September 10, 2016 To - Ordinary Members - Affiliated Members Dear Sirs, Annual General Meeting - 30.09.2016 Election of President, Vice-President and Committee Members At the Annual General Meeting of the Chamber to be held on September 30, 2016, elections will be held for the posts of President, Vice-President and five Committee Members. Under the Articles of Association of the Chamber, offices of the following persons retire from the Committee. 1. Mr. K B Rajan : President 2. Mr. V Ramalingam : Vice-President 3. Mr. Rajkumar Gupta : Immediate Past President 4. Mr. Balagopala B Pai 5. Mr. Baiju Ramachandran 6. Mr. Bharat N Khona 7. Mr. G P Goyal 8. Mr. Divij Agarwal As per the Articles of Association of the Chamber, the retiring President automatically finds a place in the reconstituted Committee. Annual Report 2015-2016 5 Hence elections will be held at the Annual General Meeting to fill up the posts of President, Vice-President and five Committee Members. Nominations are invited from members for the above mentioned seven places. While making the nominations, please note the following: a) The Nomination should be in the enclosed Form b) The Nomination should be proposed by one member and seconded by another member c) In proposing and seconding the Nomination, the authorised representative of the member organisation should sign under the Seal. d) The Candidate should also sign the Nomination Form e) The retiring members are eligible for re-election The Nominations should reach the Chamber Office before 2.00 p.m. on Monday, the September 26, 2016. The Nomination papers will be scrutinised at 2.30 p.m. and the list of valid nominations will be displayed on the Chamber Notice Board at 4.00 p.m. on the same day. The last date for withdrawal of nominations will be September 28, 2016, (Wednesday) up to 4.00 p.m. For Indian Chamber of Commerce & Industry, Sd/- M Vanchiswaran Secretary Annual Report 2015-2016 6 Annual Report of the Committee for the Year 2015-2016 The Committee of the Indian Chamber of Commerce & Industry has pleasure in presenting their Annual Report on the working of the Chamber for the year 2015-2016. Composition of the Committee: 1. Mr. K B Rajan : President 2. Mr. V Ramalingam : Vice-President 3. Mr. Rajkumar Gupta : Immediate Past President 4. Mr. A A Abdul Azeez* 5. Mr. Abraham Philip 6. Mr. Alex Rockey 7. Mr. Anwar Hashim 8. Mr. Baiju Ramachandran 9. Mr. Balagopala B Pai 10. Mr. Bharat N Khona 11. Mr. Divij R Agarwal 12. Mr. G P Goyal 13. Mr. Madhusudan Gupta 14. Mr. Mahesh N Joshi# 15. Mr. Nishesh Shah 16. Mr. Rajesh Agarwal 17. Mr. Rajesh Kumar Agarwal 18. Mr. Shabbir H Kapasi* 19. Mr. Sunny Malayail* 20. Mr. Vikas Agarwal* Annual Report 2015-2016 7 The following gentlemen were nominated by the Affiliated Associations to represent them on the reconstituted Committee of the Chamber: 1. Mr. Chetan D Shsh - Cochin Coir Merchants' Association 2. Mr. P C Thomas - Cochin Custom House Agents' Association 3. Mr. Aravind P Patel - Cochin Hardware Merchants' Association 4. Mr. Mahesh N Joshi - Cochin Hill Produce Merchants Association 5. Mr. Amar Bahadhur Singh - Cochin Oil Merchants' Association 6. Mr. Vikas Agarwal - Cochin Rubber Merchants' Association 7. Mr. V F Pious - Grain Merchants' Association 8. Mr. Anand Kishor - India Pepper & Spice Trade Association 9. Mr. Dharmendra D Vora - Tea Buyers Association 10. Mr. P M Premkumar - Cochin Goods Transporters Association 11. Mr. Ackzel Balachandran - Kerala Handicraft Dealers and Manufacturer’s Welfare Association *Elected at the Annual General Meeting held on 30.09.2015 for a three year term. # Conveyance of the Affiliated Association to the Committee on 30.10.2015. Committee Meetings There were 12 meetings of the Committee during the year under report. Sub-Committees The Committee of the Chamber at their meeting held on 30.10.2015 reconstituted the various Committees of the Chamber for the year 2015-2016 Annual Report 2015-2016 8 Civic Forum Committee: Mr. Bharat N Khona : Chairman Mr. Mahesh N Joshi Mr. Alex Rockey Mr. Rajesh Agarwal Mr. A A Abdul Azzez Trade Facilitation Committee: Mr. Anwar Hashim : Chairman Mr. Bharat N Khona Mr. Nishesh Shah Taxation Committee: Mr. R Mohandas : Chairman Dr. Baiju Ramachandran Mr. Shabbir H Kapasi Mr. Balagopala B Pai Staff Committee Mr. G P Goyal : Chairman Mr. A A Abdul Azeez Mr. Nishesh Shah Mr. Rajesh Kumar Agarwal Membership Development Committee Mr. Nishesh Shah : Chairman Mr. Madhusudan Gupta Dr. Sunny Malayil Mr. Rajesh Agarwal New Initiatives/Strategies Committee Mr. Madhusuden Gupta : Chairman Mr. Divij Agarwal Mr. Rajesh Kumar Agarwal Mr. Sunny Malayil Annual Report 2015-2016 9 Finance Committee Mr. Rajkumar Gupta : Chairman Mr. A A Abdul Azeez Mr. Anwar Hashim Mr. Divij R Agarwal The President and the Vice President will be ex-officio members in all the above Committees. Chamber's Representatives on Public Bodies: Cochin Customs Advisory Committee : Mr. A A Abdul Azeez Cochin Customs Public Grievance Committee : Mr. A A Abdul Azeez Cochin Dock Safety Committee : Mr. Rajesh Agarwal Cochin Port Anti-Pilferage Committee : Mr. Bharat N Khona Cochin Port Users' Committee : Mr. V Ramalingam ECGC Co-ordination Committee : Mr. K B Rajan Kerala State Productivity Council : Mr. V Ramalingam Permanent Trade Facilitation Committee : Mr. A A Abdul Azeez Kerala State VAT Consultative Committee : Dr. Baiju Ramachandran District Level VAT Consultative Committee, Kochi : Mr. Rajesh Kumar Agarwal All India Organisation of Employers : Mr. K B Rajan Cochin Port Lease Holders Association : Mr. Rajkumar Gupta Merchant Navy : Mr. P M Muraleedharan DRUCC : Mr. Baiju Ramachandran Mr. G P Goyal Mr. Rajkumar Gupta Annual Report 2015-2016 10 Vytilla Mobility Hub : Mr. V Ramalingam Headload Workers Welfare Board : Mr. Sunny Malay DGFT : Mr. G P Goyal Willingdon Island Parkking Yard : Mr. K B Rajan The Committee approved the above. Disha Trustees Mr. K B Rajan : President Mr. V Ramalingam : Vice-President Mr. A A Abdul Azeez Mr. Bharat N Khona : Convener Mr. G P Goyal Mr. Madhusuden Gupta Mr. Nishesh Shah Mr. R Mohandas Mr. T Vidhyasagar Retiring Committee Members At the forthcoming Annual General Meeting, the following Committee Members will retire by rotation. 1. Mr. K B Rajan 2. Mr. V Ramalingam 3. Mr. Rajkumar Gupta 4. Mr. Baiju Ramachandran 5. Mr. Balagopala B Pai 6. Mr. Bharat N Khona 7. Mr. Divij Agarwal 8. Mr. G P Goyal Annual Report 2015-2016 11 Membership At the commencement of the year, there were 509 members on the rolls of the Chamber. There were 17 new admissions, 1 resignation and 63 cessations during the year. Thus, at the close of the year the membership stood at 462. Annual Session The 118th Annual Session of the Chamber was held at Casino Hotel, Willingdon Island on September 22, 2015 at 6.00 p.m. followed by dinner. About 225 delegates attended the programme. The session was inaugurated by Padma Vibhushan Dr.